Compilations Review & New Preparations-Engag. Perform. & Update [CRAU]

Subject:

Aug 8, 2017
Time: 8:00 - 4:00
Accounting & Auditing

Credit Hours:

8.00

Price:

Member: $295.00
Non-member: $445.00

Discussion Leader:

Gregory M. Clark, CPA

Gregory M. Clark CPA is an author and discussion leader for LOSCALZO ASSOCIATES, P.A. and a Principal with the Business Compliance & Controls Group (BCCG) an accounting consulting firm specializing in employee benefit plan audits and compliance, internal controls auditing, consulting and assessments, and technical accounting training and consulting.

With extensive experience in the audit and business compliance field, Greg has participated in all aspects of employee benefit plan engagements; including plan audit and business risk assessments, plan internal control assessment and design, plan regulatory compliance, data retention management, and administrative contract compliance. BCCG provides technical accounting and auditing consulting services, quality control and effectiveness reviews and compliance assistance to CPA firms performing employee benefit plan engagements.

Greg is an internationally known speaker on the topics of employee benefit plans, technical accounting and auditing, operational auditing and internal controls evaluations, data retention management, organizational risk assessments and various other topics. Greg has worked with accountants and auditors from international companies throughout the world, many Fortune 500 companies, numerous local, regional, and national CPA firms, and for more than 40 State CPA societies.

Full Description

Compilations, Reviews, and New Preparations: Engagement Performance and Annual Update (CRAU)

August 8, 2017

Westmark Fairbanks Hotel
813 Noble Street
Fairbanks, 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.

Specifically designed for preparation, compilation, and review practitioners and their staff, this course will provide you with a comprehensive review and hands-on application for performing financial statement, compilation, and review engagements. You'll learn the ins and outs of SSARS No. 21, Clarification and Recodification, which is currently applicable, and is the most significant change to the compilation and review standards since their inception over thirty years ago, and how this standard is different from SSARS No. 19. This course has practical examples and illustrations to help you effectively and efficiently perform preparation, compilation, and review engagements. This comprehensive resource provides hard copies of all the sample engagement letters, procedure check-lists, illustrative reports and more contained in The Essential SSARS No. 21 Implementation Toolkit to assist you with implementing new SSARS requirements.

Major Topics:
- SSARS No. 21, Clarification and Recodification
- Changes -- SSARS No. 19, Compilation & Review Engagements
- Sample comprehensive engagement work programs for preparation, compilation and review engagements
- Designing and performing procedures to specifically meet each engagement objective
- Reporting and disclosure illustrations for each level of service, including attesting on personal financial statements, prescribed form, special purpose framework and other engagement variations
- Other communication requirements, such as sample engagement letters and management representation letters - highlighting what has changed from SSARS No. 19
- Current ARSC agenda items and projects

Learning Objectives:
- Understand, apply SSARS No. 21, Clarification and Recodification
- Be familiar with compilation and review program examples and disclosure illustrations
- Identify and apply compilation, preparation, and review procedures
- Be aware of the most recent compilation and review reports and other communications
- Keep abreast of ARSC agenda items and projects
- Utilize hands-on examples and illustrations to increase your overall understanding and application of the material

Designed For: Accounting practitioners & their staff performing and managing compilation, preparation, and review engagement services

CPE Credits: 8, Accounting & Auditing

Level of Knowledge: Update

Prerequisite: Experience in performing and managing compilation, preparation, and review engagements

Acronym: CRAU

Discussion Leader: Gregory M. Clark, CPA