Preparation, Compilation, and Review Engagements: Update and Review  (CL4COMP)

4.00 CPE Credit Hours

If you supervise preparation, compilation, and review engagements, this course is designed to help you adhere to professional standards by informing you of the latest developments and pertinent issues relevant to these engagements. You'll gain insights into the U.S. business economy, peer review practices, FASB updates, and various aspects that influence preparation, compilation, and review engagements.

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

• 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.

• 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