Gear Up

Course Detail

Accounting One Day - 2021 (Live Online Seminar)   New

CATEGORY: Accounting & Auditing
  Live Online Seminar
8 CPE Credits
Level: Basic

Course Description - This course provides a look at the requirements for preparation and compilation engagements performed under SSARS. While both engagements are considered non-assurance engagements, only the compilation engagement is an attest engagement. A comparison of the two engagements will be provided in order to assist the accountant in determining which is the most appropriate engagement. Review engagements have been changed as a result of the issuance of SSARS 25. This course will review the changes and provide guidance on how practice will change. Reports issued under SSARS, including compilation reports will be discussed in this course. The process of preparing financial statements is dictated by the Applicable Financial Reporting Framework selected by management. This course not only explores the basic financial statements required under United States GAAP, but also covers the impact of the use of Special Purpose Frameworks. The FASB continues to issue guidance related to the simplification project that will ease financial reporting requirements. We are also in the midst of implementing the revenue recognition and lease standards, with CECL looming. This course will address the major new FASB Standards as well as provide an overview of the recently issued auditing standards that will impact the audit report and ERISA audits.

1 day course covered in less depth than the 2 day course.

Gear Up is returning to in-person seminars during 2021 with a limited number of in-person offerings in select locations. For a listing of Gear Up sponsored in-person events click here.

Transfers/Cancellations - In light of the continually evolving COVID-19 situation, we've revised our cancellation policy to afford you the flexibility to confidently pursue the education you need. Click here for policy details.

We partner with sponsoring state associations to provide both live, in-person, and online seminars. To learn where you may reach your local partners click here.

Going virtual has never been easier and a better value!

Does not apply to association or society events.    

Click to return to the Gear Up home page on Checkpoint Learning

Add to Cart View Gear Up homepage

Accreditation Information

Learning objectives

Course outline