Preparation, Compilations and Reviews’A Practical Workshop

Overview

Participants will go over the changes on preparation, compilation and review engagements using SSARS rules, followed by a general overview of how to perform these services. Participants will explore how to effectively perform these services through comprehensive lectures. Designed for practitioners in small and medium-sized CPA firms, the course includes detailed explanations and practical examples, with opportunities to deepen understanding through real-world case studies. This on-demand format allows you to retain a focus on practical application to enhance your skills and knowledge.

Highlights

• Quality Management Standards & Risk-Based Approach
• Ethics, Independence, and NOCLAR Guidance
• Engagement Letters & Client Acceptance Practices
• Preparation, Compilation, and Review Engagements
• Special Purpose Frameworks & Tax Basis
• Documentation Standards & Peer Review Readiness
• Emerging Trends, Risks, and Professional Development

Objectives

• Explain the difference between preparation, compilation, and review usage, and know when to use each service effectively.
• Develop and employ checklists for preparations, compilations, and reviews, incorporating materiality rules and SSARS guidelines.
• Discuss practical ideas to implement changes, including the transition from SQCS to SQMS, and identify keys to profitable engagements.