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(COM4) Surgent's Preparation and Compilation Engagements under the SSARS (COM4)
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Be the go-to person on compilation and financial statement preparation engagements. Specifically designed for preparation and compilation practitioners and their staff, this course will provide you with a hands-on application for performing preparation and compilation engagements. You will learn the ins and outs of relevant sections of SSARS No. 21, Clarification and Recodification, the most significant change to the SSARS since their inception over thirty years ago. This course will bring you u

8/14/2020
When: 08/14/2020
7:00 AM
Where: Webcast
SURGENT
COM4-2020-01-WEBNR-227-01
United States
Presenter: Richard Daisley, CPA


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Acronym: COM4

CPE:  4

Vendor: Surgent

Category:  Auditing (Technical) (4)

Level: Basic

Yellow Book? No

Registration Fees:

Members* $139

Non-Members $159

*The Member rate applies to UACPA members and reciprocal state society members. To register online, use the ‘Register’ button above. To register by phone, call the UACPA at 801-466-8022, Monday through Friday, 8am to 4pm.

 

Course Description: 

Be the go-to person on compilation and financial statement preparation engagements. Specifically designed for preparation and compilation practitioners and their staff, this course will provide you with a hands-on application for performing preparation and compilation engagements. You will learn the ins and outs of relevant sections of SSARS No. 21, Clarification and Recodification, the most significant change to the SSARS since their inception over thirty years ago. This course will bring you up to date on SSARSs requirements and guidance as it relates to preparation and compilation engagements. More importantly, it will provide you with practical examples and illustrations to help you effectively and efficiently perform those engagements. Plus, the course will cover new guidance relevant to compilation and preparation engagements which was introduced by SSARS No. 22, Compilation of Pro Forma Financial Information, SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services – 2016 and SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services - 2018 and recent proposed changes to the SSARS guidance in order to conform with relevant international standards.

Objectives:

 

 

Understand and apply relevant sections of SSARS No. 21, Clarification and Recodification

Be familiar with guidance impacting preparation and compilation engagements which is contained in SSARS Nos. 22, 23 and 24

Be familiar with preparation and compilation work program examples

Be aware of the most recent reports and other required communications

Keep abreast of relevant ARSC agenda items and projects

Utilize hands-on examples and illustrations to increase your overall understanding and application of the material

 

 

 

Major Topics:

 

Relevant sections of SSARS No. 21, Clarification and Recodification

Updates to SSARS No. 21 guidance due to issuance of SSARS Nos. 22, 23 and 24

Proposed changes to the SSARS guidance

Comprehensive sample engagement work programs for preparation and compilation engagements

Prescribed form, specified line item, pro forma, and other engagement variations

Complete illustrations of relevant engagement letters, reporting and other required communications for preparation and compilation engagements

SSARS No. 21 implementation issues and peer review feedback

 

Designed For:  Accounting practitioners and their staff performing and managing preparation and compilation engagement services

 

Prerequisite:  Experience in performing and managing preparation and compilation engagements

 

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