Date and Time: Monday, June 22, 9:00 am – 12:40 pm EST
Description: This course explores provisions of Statements on Standards for Accounting and Review Engagements (SSARS) that govern review, compilation, and preparation engagements. Participants will recall foundational concepts, examine recent updates, understand practitioner responsibilities, and apply best practices for engagement performance. Attendees will learn how to efficiently perform SSARS engagements while complying with professional requirements.
Learning objectives:
- Identify the scope and applicability of SSARS for preparation, compilation, and review engagements.
- Differentiate SSARS engagements from audits and other professional accounting engagements.
- Recall similarities and differences among preparation, compilation, and review engagements.
- Select an appropriate level of service for a client’s unique circumstances.
- Apply current standards to common engagement scenarios.
- Evaluate independence and ethical requirements under SSARS.
- Recognize potential pitfalls.
- Recall best practices.
Major subjects:
- The SSARS landscape
- Review, compilation and preparation engagements
- Selecting from the menu of SSARS engagements
- AICPA quality management standards
- Independence and other ethical considerations
- Considerations when changing the level of service
- Best practices to adopt and pitfalls to avoid
Who should attend: CPAs in public accounting and members in industry who desire a better understanding of SSARS engagements.
Developer: Van Der Aa Tax Ed, LLC
Presenter: Dr. Christopher J. Harper, CPA, MBA
Prerequisite: Basic working knowledge of SSARS engagements.
Course level: Intermediate
FOS: Accounting
Recommended CPE Credit: 4 hours
Course Content
Dr. Christopher Harper, CPA, MBA
Chris is a CPA with the heart of a teacher. He is an associate professor of accounting with Grand Valley State University’s Seidman College of Business. He also serves as a senior manager and director of education for Hungerford CPAs + Advisors. Chris has been serving tax and accounting needs of closely held business and individuals since 1998.
Course materials are only available to students enrolled in the course.