Self-Study

Introduction to Review Engagements - Preparation, Compilation, and Review Staff Essentials

This innovative CPE course has been designed to provide a convenient, accessible way for firms to train their staff in this area of practice. With the introduction of SSARS No. 21, Statement on Standards for Accounting and Review Services: Clarification and Recodification, this area of practice will be experiencing a level of change not seen in over 30 years. This CPE course provides fundamental training on the general principles and objective of a review engagement. This enhanced learning program combines real-world examples, practice exercises, case studies, and a "learning coach", to create a flexible, engaging learning experience.

Objectives

  • Identify the general principles and objective of review engagements.
  • Recall the independence requirements associated with review engagements.
  • Recognize the standards from the AICPA's Code of Professional Conduct (the code) that apply to reviews of financial statements of nonissuers.

Highlights

  • The objective of a review engagement
  • How a review engagement compares to other financial statement services
  • The elements of a review engagement
  • Independence
  • Hierarchy of review standards and guidance

Additional Information

Designed For

CPA firm staff members that perform review, compilation and financial statement preparation engagements

Vendor

American Institute of CPAs

Field of Study

Auditing

Course Number

17AIS0015

Level of Knowledge

Basic

Add to Cart

View All Courses