Preparation, Compilation, and Review Engagements: Update and Review WEBCAST
Overview
If you supervise preparation, compilation, and review engagements, this course is designed to help you adhere to professional standards by informing you of the latest developments and pertinent issues relevant to these engagements. You’ll gain insights into the U.S. business economy, peer review practices, FASB updates, and various aspects that influence preparation, compilation, and review engagements.
Highlights
Overview of preparation. Compilation. and review guidance. Accounting and reporting issues. Current practice issues. Common deficiencies in peer reviews. Current and future standard setting projects.
Prerequisites
Experience with engagements performed in accordance with SSARSs.
Designed For
CPA firm seniors (and above) managing engagements performed in accordance with SSARS prerequisite.
Objectives
Identify key economic factors and accountant’s responsibility for fraud. Recognize recent SSARSs, accounting, and reporting developments. Identify the professional standards and risk factors relevant to the performance of preparation, compilation, and review engagements, including engagements on pro forma and prospective financial information.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Thomas Sheets, Thomas M Sheets CPA
Tom Sheets is a Certified Public Accountant with over 27 years experience in auditing and tax return preparation for businesses and individuals. He provides business valuations, consulting, auditing and tax services for a wide variety of individual clients and industries including banks, construction contractors, nursing homes, and non-profit organizations. Mr. Sheets was with a large, local CPA firm in Enid, Oklahoma for 15 years before establishing his own consulting, tax and accounting practice nine years ago. Mr. Sheets has written seminars on bank auditing, audits of construction contractors and information systems control and auditing. He has lead seminars on various accounting, auditing and tax topics including real estate accounting, fraud examinations, bank auditing, tax issues for nonprofit organizations, and nonprofit accounting and auditing. “Tom Sheets is very informative on his material that he presents. I would take another class with him in the future.” - C. Culbert, attended Real Estate Accounting and Auditing.
Non-Member Price $210.00
Member Price $185.00