SGFO
SURGENT McCOY'S 2007 GUIDE TO COMPILATION, REVIEW,
AND THE CASH AND TAX BASIS OF ACCOUNTING
The purpose of this course is to provide participants
with an overview of some of the most urgent issues that the profession
faces today. Coverage will reflect the most recently issued authoritative
literature and use case studies to illustrate the accountant's responsibilities.
Course content will focus on the role of the CPA in providing advice or
reporting services to the small- to medium-sized client. It will also
reflect the impact on practice of changes in the role of the CPA in providing
accounting, consulting, and financial statement services.
Major topics include:
- Compilation and Review: SSARS review; SSARS No. 10 through No. 13 in-depth; SSARS and SAS: how they relate; standards for “submission” and “management use only;” fraud and review engagements; non-attest services; Ethics Interpretation 101-3; the controllership issue; practice issues
- Using analytical procedures in review engagements
- Personal financial statements
- OCBOA: who uses OCBOA and why? SAS No. 62 and subsequent guidance; Interpretation No. 14 and OCBOA disclosures; case studies and questions
Designed
for: CPAs in public practice and industry
who prepare compiled, reviewed, or OCBOA statements and need to familiarize themselves both with
recent authoritative literature and with changes in the practice environment.
Level
of knowledge: Basic
Field
of study: Accounting
Please note: The 2007 version of this course is available beginning June 15, 2007. |