Annual Update and Practice Issues for Preparation, Compilation, and Review Engagements (CORU-SC)

8.00 CPE Credit Hours

A go-to reference for training staff and managing your preparation, compilation, and review engagements, this course will enable you to be in compliance with all of the professional standards surrounding engagements performed in accordance with Statements on Standards for Accounting and Review Services (SSARSs). A practice-oriented review of the latest developments, cases, and lively discussion among the experienced participants make this class informative and practical.

Designed For
CPA firm seniors (and above) managing engagements performed in accordance with SSARSs

Objective

• Identify the professional standards and risk factors relevant to the planning and performance of preparation, compilation, and review engagements, including engagements on pro forms and prospective financial information.
• Identify responses to preparation, compilation, and review engagement practice issues that comply with all applicable professional standards.

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
• Special Purpose Framework financial statement issues
• Case studies
• Latest developments

Prerequisites
Experience with engagements performed in accordance with SSARSs

Advanced Preparation
None

Developer
AICPA

Presenters
William Eskin,

Level of Knowledge
Update