Preparation, Compilation & Review Engagements: Update & Review [CL4COMP]

Aug 8, 2017
Time: 12:30pm-4:00pm

Subject:

Accounting & Auditing

Credit Hours:

4.00

Price:

Member: $150.00
Non-member: $225.00

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Discussion Leader:

Lynn Fountain, CPA    more info

Lynn Fountain has over 35 years of experience spanning public accounting, corporate accounting and consulting. 20 years of the experience has been spent working in the areas of internal and external auditing. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Ms. Fountain has held two Chief Audit Executive positions for international companies. She was a member of the senior leadership team for Aquila Inc. in Kansas City, MO, until the sale of the utility in 2008. At Aquila, she was responsible for Internal Audit, Enterprise Risk Management and Sarbanes-Oxley. She was an integral member of the senior leadership team that effectively executed the sale of the utility. Upon the close of Aquila, Ms. Fountain engaged in her own consulting and training business. During this time, she worked with several organizations to establish ERM, Sarbanes-Oxley and governance frameworks. In addition, she has developed and delivered leading edge training sessions on COSO, internal audit, ERM, accounting, leadership, governance, compliance and ethics. In 2011, Ms. Fountain was the Chief Audit Executive for an international construction and engineering firm in Kansas City. In this role she was involved in the active investigation of a joint venture fraud. The investigation included work with the FBI and ultimately led to indictment of the perpetrators and recovery of $13M. In 2012, Ms. Fountain returned to her consulting and training business. Along with her risk management, internal controls and financial accounting consulting work, she delivers training for the American Institute of Certified Public Accountants, Institute of Internal Auditors, and multiple seminar and training groups. In addition, Ms. Fountain is affiliated with Empower Audit Training and Consulting. Ms. Fountain is the author of two separate technical books released in 2015, The first entitled “Raise the Red Flag – The Internal Auditors Guide to Fraud Evaluations” was published by the Institute of Internal Auditors Research Foundation and released in April 2015. Her second book “Leading The Internal Audit Function” will be released in October 2015 by Auerbach Publications. This book serves as the initial launch for a series of leading practice internal audit and information technology publications. In addition, Ms. Fountain is a frequent blogger on the LinkedIn platform and has also had numerous articles published in professional and technical publications. She has performed as an adjunct instructor for the School of Business for Grantham University and developed the first internal audit curriculum for the School of Business at the University of Kansas. Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CGMA, CRMA credentials and CPA certificate.


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Website registration for this course closes on August 1, 2017. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Preparation, Compilation, and Review Engagements: Update and Review (CL4COMP)

August 8, 2017

BP Energy Center
900 East Benson Boulevard
Anchorage, AK

LATE REGISTRATION POLICY
For registrations received less than 21 days from the course date will be charged a late fee of $50 for each 8 hour course and $25 for each 4 hour course.

If you supervise preparation, compilation, and review engagements, this course will help you comply with the professional standards by informing you of the latest developments and issues relevant to these engagements. Learn about the U.S. business economy, peer review, FASS updates, International Financial Reporting Standards, and other areas affecting preparation, compilation, and review engagements.

Major Topics:
-Overview of preparation, compilation, and review guidance
- Accounting and reporting issues
- Current practice issues
- Common deficiencies in peer reviews
- Current and future standard setting projects

Learning Objectives:
- Recognize recent Statements on Standards for Accounting and Review Services (SSARSs), accounting, and reporting developments.
- Recognize recent SSARSs, accounting, and reporting developments.
- Identify the professional standards and risk factors relevant to the planning of preparation, compilation, and review engagements.

Designed For: CPA firm seniors (and above) managing engagements performed in accordance with SSARS

CPE Credits: 4, Accounting & Auditing

Level of Knowledge: Update

Prerequisite: Experience with engagements performed in accordance with SSARS

Acronym: CL4COMP

Discussion Leader: Lynn Fountain, CPA