Instructor
Howard Sibelman
Instructor
Howard Sibelman, CPA is a discussion leader for the CalCPA, AICPA and Kaplan. As the former education director for Crowe Horwath International, a network of 140 accounting firms, Sibelman provided leadership on audit methodology, the CaseWare Crowe Horwath International Audit Template, training initiatives and A&A technical support to the Crowe Horwath International Subscriber Group. Immediately prior to joining CHI, he was a business assurance partner at Moss Adams, the 11th largest accounting firm in the US. At Moss Adams, Sibelman was a member of the firm’s International Services Group, IFRS Core Training Group, and quality control coordinator for the Los Angeles office. He has extensive experience in A&A and consulting to middle-market companies.
An integral part of Sibelman’s background is education. During his 50 year career as an auditor, 30 years as an audit partner, he was national CPE director for a national CPA firm, an instructor at USC, on the faculty of two of the largest CPA review courses, and has authored and facilitated numerous firm and CPA society CPE programs. He was a founding member of the AICPA Employee Benefit Plans Quality Center Executive Committee, and served as chair of the CalCPA Accounting Principles and Assurance Standards Committee. He received a BA degree in economics (major in accounting), cum laude, from Brooklyn College and a Master of Business Taxation from the University of Southern California.
Review of the SSARS Codification; the Preparation, Compilation and Review of Financial Statements standards. Obtain an understanding of the changes made by SSARS 25. With SSARS 21, the AICPA Accounting and Review Services Committee (ARSC) introduced the Preparation service to SSARS, and rewrote the Compilation and Review Standards in clarity format. SSARS 22 and 23 made minor modifications to SSARS 21. SSARS 24 and 25 made substantive modifications to the SSARS, particularly when performing review engagements. The AICPA produces a Codification which integrates all of the SSARS as they are issued. This program covers SSARS requirements for the preparation, compilation and review of financial statements through SSARS 25.
• Identify preparation of financial statement requirements.
• Identify compilation requirements.
• Identify review requirements.
• SSARS Codification requirements
• SSARS engagements: preparation of financial statements, compilation of financial statements and proforma financial information
• Review of financial statements
• Highlights of SSARS 25 Materiality in a Review of Financial Statements and Adverse Conclusions
None.
CPAs