Compilation and Preparation Series

Overview

This series of CPE courses is a part of the 18-hour Preparation, Compilation and Review Staff Essentials program. This series can be purchased individually or as a part of the full Curriculum.

This innovative CPE training program has been designed to provide a convenient and accessible way for firms to train their staff in this broad and changing area of practice. The AICPA's new SSARS No. 21 standard has brought a level of change to this area of practice not seen in more than 30 years. This curriculum will provide the comprehensive training your staff needs to be able to perform their compilation and preparation engagements consistently and accurately.

This CPE program has also been updated to reflect the most recent changes resulting from the issuance of SSARS No. 22 and SSARS No. 23, to help practitioners comply with the latest developments in regulation. This enhanced learning program combines real-world examples, practice exercises, case studies, and a "learning coach", to create a flexible, engaging learning experience that can be tailored to meet your needs.

Courses Included

• Introduction to Compilation Engagements
• Performing a Compilation Engagement
• Reporting on Compilation Engagements
• Engagements to Prepare Financial Statements

Highlights

Key Topics

• Compilation and financial statement preparation engagement fundamentals.
• Performing compilation and financial statement preparation engagements.
• Reporting on compilation engagements, including illustrative reports.
• Current accounting and reporting issues.

Prerequisites

None

Designed For

Who Will Benefit

• CPA firm attest staff, including paraprofessionals new to performing SSARSs engagements

Objectives

Learning Outcomes

• Identify the performance requirements applicable to compilation and financial statement preparation engagements.
• Recall the reporting requirements associated with compilation engagements.
• Identify various financial reporting frameworks used in the preparation of financial statements.