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Advanced Compilation and Review Engagement Issues (ADCR)
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Practitioners that provide non-audit services must strike the right balance between complying with relevant professional and regulatory standards, providing value-added client service, and mitigating litigation and other practice management risks. This course contains many case studies to reinforce best practices for managing the accounting, reporting, and performance issues associated with compilation, review, and accounting service engagements.

9/9/2015
When: 9/9/2015
7:00 AM - 3:00 PM
Presenter: Jen Louis, CPA

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Practitioners that provide non-audit services must strike the right balance between complying with relevant professional and regulatory standards, providing value-added client service, and mitigating litigation and other practice management risks. This course contains many case studies to reinforce best practices for managing the accounting, reporting, and performance issues associated with compilation, review, and accounting service engagements.

  

Objectives: * Describe practice management risks associated with non-audit services * Properly apply relevant professional standards and regulations for non-audit services * Leverage information obtained on engagements to enhance client service

 

Major Subjects: * Navigating the impact of SSARS No. 21 * Preventing malpractice claims related to accounting services * Identifying and safeguarding independence threats for attest services * Establishing an understanding with the client regarding non-audit services * Defining the varying levels of responsibility for accountants performing non-audit services * Performing compilations and reviews effectively and efficiently, including nature and extent of documentation considerations * Practice performing analytical review procedures appropriately, including developing proper advance expectations * Properly considering going concern, subsequent events, and other disclosure matters * Common issues related to peer reviews, including recurring reporting problems * Applying Statements on Quality Control Standards to non-audit engagements

 

Designed for: Anyone who performs or supervises non-audit engagements

 

Prerequisite: Experience with performing non-audit services

 

Advanced Prep: None

 

Speaker: Jen Louis, CPA

 

Vendor: Surgent McCoy

 

Field of Study: Auditing (8)

 

Level: Advanced

 

CPE Credit: 8 Hours

 

Acronym: ADCR

 

Registration Fees: $219.00

 

 

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