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Course Description

Compilation and Review Engagements: Engagement Administration for Compilation and Reviews from PPC

 

Accounting & Auditing

(8 credits) $109.95

 

 

 

 

This interactive self-study course addresses several aspects of compilation and review engagements. This course is designed to enhance your understanding of engagement administration related to the performance of compilations and reviews, including independence issues related to these engagements. Finally, procedures and checklists for compilations and reviews are presented to ensure compliance with Statements on Standards for Accounting and Review Services (SSARS).

 

Major Subjects:

bullet Identify SSARS requirements relating to engagement letters.
bullet Design appropriate engagement letters to use in compilation or review engagements.
bullet Produce appropriate workpapers in compilation or review engagements.
bullet Recognize independence issues affecting compilation or review engagements.
bullet Assess the suitability of issuing management-use-only or third-party use financial statements in compilation engagements.
bullet Summarize the compilation procedures required by SSARS.
bullet Describe the knowledge required of an accountant to perform a review engagement.
bullet Choose appropriate analytical procedures to perform in a review engagement.
bullet Analyze the necessary elements of a representation letter required in a review engagement.

 

Contributing Author:

Practitioners Publishing Company

Course Level: Basic
Prerequisite: Basic knowledge of Attest Engagements and Related Reporting Requirements.
ProductCode: 08PCRE1
Format: NASBA QAS/Registry self-study

 

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