Compilation and Review Update - New Formats, SSARS21
Instructor:
Candace Leuck
Product ID: 704490
Training Level: Intermediate
- Duration: 90 Min
Why Should You Attend:
What has the AICPA’s Accounting and Review Services Committee been up to lately? What kind of changes are ahead for preparation, compilation, and review engagements? The Committee has rewritten guidance in regard to these engagements.
This webinar will analyze which preparation engagements now require SSARS 21 guidance as well as what has happened to the “management use only” compilation engagement. The course will also review numerous examples of the new format for compilation and review engagements.
Learning Objectives:
- Understand general requirements for SSARS engagements
- Learn details of new financial statement preparation engagement requirements
- Review compilation and review engagement requirements
- Discuss the elimination of “management use only” compilations
- Understand new formats for compilation and reviewing reports
- Compare and contrast preparation, compilation and review engagements
Areas Covered in the Webinar:
- General requirements for all preparation, compilation and review engagements
- Requirements for engagement letters
- Requirements for understanding of the client, industry and environment
- When SSARS does and does not apply to preparation engagements
- Attest versus non attest engagements
- Reporting requirements
- Disclosure requirements
Who Will Benefit:
- Accountants in Public Practice
- Business Owners
- Chief Financial Officers
- Compliance Managers & Officers
- Risk Managers and Officers
- Controllers
- Retail Businesses Owners
- Lenders and Investors
Candace Leuck began her professional career with Ernst & Young and has audit experience in various industries including manufacturers, automobile dealerships and securities brokers. She earned her Masters of Professional Accountancy from Clemson University and has held Certified Public Accountant designations in both South and North Carolina.
Ms. Leuck has been giving presentations, seminars, and webinars to audiences for over 30 years as well as teaching in university classrooms. She has been in consulting practice for the past ten years, specializing in new business formation, cash flow excellence, bankruptcy policy and proceedings and lean environment consultations.
In addition to her professional activities, she has served various philanthropic organizations; most recently on the Board of Directors of Girls Scouts, Cookie Project Honduras, Clemson Wesley Group and Clemson Club Sports.
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Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).
