- NY Credits : 8.0
- TX Credits : 8.0
Companion to PPC's Guide to Auditor's Reports - Course 1 - Special Reports (GARTG171)
Identify background information and specific authoritative literature related to special reports and recognize necessary requirements for financial statements prepared in accordance with special-purpose frameworks.
Determine the best methods for dealing with reports on financial statements using regulatory, tax, cash, contractual, and other bases of accounting.
Recognize how an auditor should handle reports on incomplete special-purpose financial presentations otherwise in conformity with GAAP or a special purpose framework; expressing an opinion on specified elements, accounts, or items of a financial statement; and reports on compliance with aspects of contractual agreements or regulatory requirements in connection with audited financial statements.
Identify considerations that apply to reports on prescribed forms, companies in insolvency and bankruptcy proceedings, and the application of accounting principles.
Identify the best method for reporting on summary financial statements.
Recognize how the attestation standards may affect these types of special auditor’s reports.
Lesson 1—Considerations for Special-purpose Frameworks, Including the Regulatory, Tax, Cash, Contractual, and Other Bases of Accounting
Lesson 2—Incomplete Presentations; Opinions on Specified Elements, Accounts, or Financial Statement Items; Compliance with Contractual Agreements or Regulatory Requirements; Prescribed Forms; Insolvency and Bankruptcy; and Application of Accounting Principles
Lesson 3—Summary Financial Statements and the Attestation Standards