Preparation, Compilation, and Review Engagements Update and Review

Overview

You could pay $0 for this course!

If you supervise preparation, compilation, and review engagements, this course will help you comply with the professional standards by informing you of the latest developments and issues relevant to these engagements. Learn about the U.S. business economy, peer review, FASB updates, and other areas affecting preparation, compilation, and review engagements.

This course qualifies for reimbursement through the state’s Workforce Training Express Fund. Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course. The course code for this program is C-4001. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.

Highlights

• Overview of preparation, compilation, and review guidance • Accounting and reporting issues • Current practice issues • Common deficiencies in peer reviews • Current and future standard setting projects

Prerequisites

Experience with engagements performed in accordance with SSARS

Designed For

CPA firm seniors (and above) managing engagements performed in accordance with SSARS

Objectives

When you complete this course you will be able to: • Identify key economic factors and accountant’s responsibility for fraud. • Recognize recent SSARSs, accounting, and reporting developments. • Identify the professional standards and risk factors relevant to the performance of preparation, compilation, and review engagements, including engagements on pro forma and prospective financial information.