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Compilations and Reviews: Risks, Procedures and Fraud (4172774A)
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6/5/2017
When: Monday, June 5th, 2017
9:30 AM - 5:00 PM
Where: Webinar/Webcast
United States
Presenter: Richard A. Ferdinand, CPA
Contact: April Deneault
801-466-8022


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Description

Refresh your knowledge of the AICPA's professional standards for compilations and reviews and improve your ability to reduce the risk of material misstatements—whether caused by fraud or error. Using questions and cases that probe the practical meaning of professional standards in your business, this course will address the professional judgments you must make and provide tips to avoid mistakes that can result in legal liabilities and peer review deficiencies.

Materials provided as an ebook.

 

Level

Advanced

Major Subjects

  • Fraud
  • Misstatements
  • Materiality
  • Revenue recognition
  • Related parties
  • Going concern uncertainties
  • Engagement letters
  • Documentation and peer review considerations

Objectives

  • Identify potential problem areas concerning compliance with the standards for compilations and reviews.
  • Determine ways to apply professional standards to situations commonly encountered in public practice.
  • Recognize ways to minimize the risk of association with financial statements containing material misstatements whether caused by fraud or error.

Designed For

Partners, managers and other accountants responsible for compilations and reviews.

Curriculums

Accounting and Financial Statements,Auditing,Fraud,Peer Review

NASB Credit Category

Accounting

Number of Credit

8

Prerequisite

Experience with compilations or reviews.

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