Comply With All Standards As You Manage Preparation, Compilation, and Review Engagements
This webcast is a go-to reference for staying in compliance with all professional standards surrounding engagements performed in accordance with Statements on Standards for Accounting and Review Services (SSARSs).
Learning Objectives
· Recall scope and definition of preparation, compilation and review engagements.
· Identify elements and performance and documentation requirements of preparation, compilation and review engagements
Major Topics
· Definition of an engagement
· Forms, checklists and other documentation used for conducting preparation, compilation, and review engagements
· Explanation of the differences between compilation and preparation engagements
· Criteria of a compilation engagement and the entities where compilations can be performed
· Criteria of a review engagement
· Changes in level of service