IACS
INDEPENDENCE AND CONTROLLERSHIP SERVICES
CPAs who provide a range of services to their closely held clients must be aware of the ethical (PEEC) and reporting (SSARS) rules under which they are required to operate. This course identifies guidance applicable to the multiple roles that such CPAs typically play when working with small businesses.
Major
topics include:
- What is “Controllership”? – accounting, management and finance services
- What are the different roles and reporting options available under SSARS and ethics rulings?
- When is independence under threat? – practical illustrations
- AICPA’s revised Interpretation No. 101-3 on non attest services
- Transmittal letters versus compilation reports
- Controllership and SSARS Interpretation No. 21
- Independence questions and answers
Prerequisites: None
Level of Knowledge: Intermediate
Field of Study: Accounting
Price: $39
Credit Hours: 2
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