SSARS 27 - Alternative Preparations 26-27
2.00 Credits
Member Price $99
Non-Member Price $129
Overview
Recently issued SSARS 27, Applicability of AR-C Section 70 to Financial Statements Prepared as Part of a Consulting Services Engagement, will significantly change the way public accounting firms assist in the preparation of financial statements. This program will discuss the practical implications of the standard, how it can affect the need to adhere to SSARS standards, peer review applicability, and how CPAs can help businesses using the Consulting Standards instead of SSARS.
Highlights
• General requirements for SSARS engagements • Unique opportunities for preparation engagements • New opportunities created with SSARS 27 • The AICPA Consulting Standards • The relevance of Peer Review on SSARS and Consulting engagements
Prerequisites
None.
Designed For
CPAs in public practice.
Objectives
• Recognize the new standards. • Identify how CPAs can structure previous SSARS engagements as consulting services. • Determine how financial statement preparation may no longer be subject to peer reviews.
Preparation
None.
Leader(s):
Leader Bios
Kenneth Heaslip, Kaplan Financial Education
Kenneth Heaslip, MS, MBA, CPA, CGMA, is a discussion leader and group practice leader in professional ethics for Loscalzo Associates Ltd. He is a frequent speaker in all areas of accounting and taxation as well as careers in accounting. He has served as vice president of the NJSCPA and Secretary of their Scholarship Fund. He is an active member of several Society committees in taxation and student affairs and is currently the chair of the State Educators Committee. A past President of the Essex Chapter of the NJSCPA, as well as Trustee of the State Society, Kenn is a Director at Leaf, Saltzman, Manganelli, Tendler, & Miele LLP in Fairfield, NJ, a regional CPA firm. Kenn is also an Associate Professor of Accounting at Bloomfield College. He previously was an Executive in Residence at Seton Hall University where he was the students’ choice as ?Educator of the Year? two years in a row. He taught in the Executive MBA program at Rutgers University and has been with Becker CPA Review since 1983. Until 1998, Kenn was the National Director of the Becker CPA Review Course, where he was responsible to oversee and train over 350 instructors as well as be the lead editor of the course materials. Kenn lectured extensively throughout the United States, as well as in Canada and Asia.
Non-Member Price $129
Member Price $99