This course is designed to help those who supervise preparation, compilation, andreview engagements adhere to professional standards by informing them of the latestdevelopments and pertinent issues relevant to these engagements. Participants willgain insights into the U.S. business economy, peer review practices, FASB updates, andvarious aspects that influence preparation, compilation, and review engagements.
Learning 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 ofpreparation, compilation, and review engagements.
Major Topics
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