- NY Credits : 5.0
- TX Credits : 5.0
This program provides accountants with guidance on review engagements. Although there are fewer authoritative standards for these engagements, they far outnumber the quantity of audits performed each year. The standards and applicable guidance to these engagements is provided in the introductory chapter. The performance of review engagements is discussed and separate chapters on reporting are included.
Included with subscription(s):
Upon successful completion of the course, the user should be able to:
identify the differences between a preparation, a compilation, and a review engagement,
recognize the applicability of Statements on Standards for Accounting and Review Services (SSARS) to various types of professional services,
identify the differences in objectives and procedures between compilation and review engagements,
recognize the professional standards for a review engagement,
identify the differences between a review and a compilation,
identify the elements of a review report, and
identify the various reporting possibilities for review engagements.