- NY Credits : 6.0
- TX Credits : 6.0
Companion to PPC's Guide to Compilation and Review Engagements - Course 3 - Interim Engagements, Special Purpose Financial Frameworks, and Personal Financial Statements (CARTG183)
Identify the general accounting rules for interim financial statements.
Recognize when to correct interim financial statements for a prior period, and what disclosures are required for interim financial statements.
Identify the different types of special purpose frameworks, and when to use a special purpose framework.
Recognize the statement titles that are appropriate under the cash and tax basis, applicable presentation considerations, how to deal with disclosures, cash to accrual conversions, engagement and representation letters, and reporting issues.
Recognize the typical elements of personal financial statement engagements, and how to deal with reporting issues for such engagements.
Assess common issues related to personal financial statement engagements.
Lesson 1—Interim Engagements
Lesson 2—Financial Statements Presented in Accordance with a Special Purpose Framework
Lesson 3—Personal Financial Statements