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Performing Effective and Efficient Compilations and Reviews (Audit Skills Training - Level 2) (A2M1)

  • Format Self-Study Webcasts
  • Credits 3
  • Level Basic
  • Field of Study Auditing (3)

$54.00


Overview

CPAs perform various attest and non-attest services for clients. This includes bookkeeping, preparing financial statements, compilations and reviews. This module will focus on managing the accountant’s risks associated with performing various non-audit services.

Major Topics:

  • Avoiding litigation risks in accounting services
  • Documentation requirements for non-audit services, including accounting services, preparing financial statements, compilations, and reviews
  • Changing the scope of services, such as stepping down engagements
  • Recent changes to SSARS engagements
  • Illustrative engagement letters and SSARS reports

Learning Objectives

  • Explain how to avoid litigation risk in bookkeeping services
  • Discuss common peer review deficiencies associated with compilations and reviews
  • Describe advanced SSARS reporting issues, such as complying with international standards

Who should take this course:

Accountants who perform non-audit engagements

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