Compilation & Review Practice Guide [CRP4]

Aug 24, 2018
Time: 8:00am - 12:00pm

Subject:

Accounting & Auditing

Credit Hours:

4.00

Price:

Member: $150.00
Non-member: $225.00

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Discussion Leader:

Rebecca Lee, CPA, CGMA    more info

Rebecca Lee, CPA, CGMA, is a Group Practice Leader for LOSCALZO ASSOCIATES LTD. and a
Principal with Brooke, Freeman & Lee, having offices in Anniston and Birmingham, Alabama.
She serves as the assurance, quality control and compliance principal with responsibilities for
the audit practice.
She has served on numerous AICPA and state society committees including the AICPA
Management Consulting Service Professional Practice Subcommittee, Small Business
Consulting Practices Subcommittee, Council of the AICPA and is a past member of the Institute’s MAS
Executive Committee and Personal Financial Planning Executive Committee. She has chaired both the
Management Advisory Committee and the Personal Financial Planning Committee of the Alabama Society of
CPAs. She currently serves on the South Carolina Association of CPAs’ Peer Review Committee and the
Continuing Professional Education Committee.
She holds a BS degree in Accounting from Jacksonville State University, Jacksonville, Alabama, along with a
Masters Degree in Accounting from Birmingham Southern College, Birmingham, Alabama.
Ms. Lee is a group practice leader for all staff level audit training programs, as well as other accounting and
auditing technical courses. She is a frequent speaker at CPA conferences, and has lectured extensively in the
area of management advisory services at professional meetings and seminars for state societies and the
American Institute of CPAs. With more than 30 years of experience in the audit and accounting field, Rebecca
has served as a discussion leader, technical reviewer and author of courses for audit and accounting technical
courses. Ms. Lee has served as professor of management accounting in the graduate studies (Master in Public
and Private Management) program at Birmingham-Southern College in Birmingham, Alabama. She is a
member of the Alabama Society of CPAs, the South Carolina Association of CPAs and the AICPA.

Rebecca Lee, CPA, CGMA, is a Group Practice Leader for LOSCALZO ASSOCIATES LTD. and aPrincipal with Brooke, Freeman & Lee, having offices in Anniston and Birmingham, Alabama.She serves as the assurance, quality control and compliance principal with responsibilities forthe audit practice.

She has served on numerous AICPA and state society committees including the AICPAManagement Consulting Service Professional Practice Subcommittee, Small BusinessConsulting Practices Subcommittee, Council of the AICPA and is a past member of the Institute’s MASExecutive Committee and Personal Financial Planning Executive Committee. She has chaired both theManagement Advisory Committee and the Personal Financial Planning Committee of the Alabama Society ofCPAs. She currently serves on the South Carolina Association of CPAs’ Peer Review Committee and theContinuing Professional Education Committee.

She holds a BS degree in Accounting from Jacksonville State University, Jacksonville, Alabama, along with aMasters Degree in Accounting from Birmingham Southern College, Birmingham, Alabama.

Ms. Lee is a group practice leader for all staff level audit training programs, as well as other accounting andauditing technical courses. She is a frequent speaker at CPA conferences, and has lectured extensively in thearea of management advisory services at professional meetings and seminars for state societies and theAmerican Institute of CPAs. With more than 30 years of experience in the audit and accounting field, Rebeccahas served as a discussion leader, technical reviewer and author of courses for audit and accounting technicalcourses. Ms. Lee has served as professor of management accounting in the graduate studies (Master in Publicand Private Management) program at Birmingham-Southern College in Birmingham, Alabama. She is amember of the Alabama Society of CPAs, the South Carolina Association of CPAs and the AICPA.

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Website registration for this course closes on August 23, 2018. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Compilation & Review Practice Guide (CRP4)

August 24, 2018

Elgee Rehfeld, LLC
9309 Glacier Highway, Suite B-200
Juneau, 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 and $12.50 for each 2 hour course.

A scaled-down version of our popular 8-hour Compilation and Review Practice Guide. Compilation and review issues have dominated the profession during the past few years, and the codification of SSARS 21 in AR-C Sections 60, 70, 80 and 90. This program addresses these changes and current performance requirements in the compilation and review literature such that practitioners will be able to perform these services in compliance with SSARS 21, 22, and 23, while applying best practices for both efficiency and effectiveness.

Major Topics:
-SSARS Clarity Project
-Preparation of financial statements
-AR-C Sections 60, 70, 80, 90, and 120
-Compilation performance requirements
-Review performance requirements
-How to document and perform compilations and reviews
-Special purpose frameworks financial statements-what they are and when they can be used
-Legal liability concerns and issues
-How to perform and document analytical procedures appropriately, including developing expectations
-Independence
-Non-attest services
-Common issues raised in peer reviews

Learning Objectives:
Participants will be able to:
-Identify the performance requirements in the SSARS standards based on SSARS 21, 22 and 23
-Effectively perform compilation and review engagements utilizing the guidance in AR-C Sections 60, 80, and 90 of SSARS standards
-Effectively perform preparation engagements utilizing the guidance in AR-C Section 70 of SSARS standards
-Efficiently document compdat1ons and reviews following the documentation guidance in AR-C Sections 80 and 90
-Identify best practices when performing compilation and review engagements
-Address special purpose frameworks when performing compilation and review engagements

Designed For: Practitioners who perform compilation and review engagements for non-public entities

CPE Credits: 4, Accounting & Auditing

Level of Knowledge: Basic

Prerequisite: None

Acronym: CRP4

Discussion Leader: Rebecca Lee, CPA, CGMA
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