Overview:
Public accountants tasked with generating compilations and reviews need a systematic approach to generating these documents. This targeted, one-day webcast will focus on the key factors you need to consider when putting together a compilation or review. You will:
- Gain an in-depth review of SSARS
- Discuss “review evidence” and review procedures
- Identify departures between GAAP and OCBOA
Objective:
To provide CPAs with the confidence to generate compilations and reviews that are thorough enough to meet professional standards, efficient enough to complete in a timely manner and effective enough to avoid deficiencies.
Emphasis:
- SSARS 19 overhaul of compilations and reviews
- Recent updates and interpretations
- Limited assurance
- Reviews: evidence, procedures and SSARS 20
- Disclosures regarding independence
- Materiality
- Documentation
- Use of OCBOA and comparison to GAAP
- Comparative statements
- Management-use-only statements
- Scope limitations
- Changing accountants
- Common peer review deficiencies
