- NY Credits : 17.0
- TX Credits : 17.0
This course presents various changes made to the compilation and review standards and addresses practice issues related to compilation and review engagements. An overview of SSARS No. 21 as amended by SSARS No. 23 and No. 24 is presented including practice issues in compilation and review engagements. The focus of the course is to identify, recognize and recall the rules pertaining to various pronouncements, including those related to recent developments. This course provides a general review of U.S. GAAP in terms of compilations and reviews from a broad perspective. This course is appropriate for the professional at any level within an organization.
Upon successful completion of this course, the user should be able to:
identify some of the changes in SSARS No. 21, as amended by SSARS No. 23, that are carried over from auditing standards;
recognize the impact of SSARS No. 21, as amended by SSARS No. 23;
recall the requirements of AR-C 70;
determine the objectives of a compilation engagement under of AR-C 80;
identify the requirements to be satisfied to perform a review engagement under AR-C 90; and
recognize significant practice issues impacted by U.S. GAAP in terms of compilations and reviews.