CPE Credit Hours: 20
Field of Study: Auditing
Publication Date: January 2023
The objective of this course is to inform the reader of the various changes made to the compilation and review standards by the AICPA’s Accounting and Review Services Committee (ARSC), and to address practice issues related to compilation and review engagements.
The first section of this course consists of an overview of SSARS No. 21, as amended by SSARS Nos. 22 through 26, and addresses the three types of engagements that can be performed under the SSARSs: a preparation of financial statements engagement, a compilation engagement, and a review engagement. There is also a discussion of the new Quality Management (QM) Standards in SSARS No. 26. The remainder of the course consists of practice issues in compilation and review engagements.
This is a self-study CPE course.
Program level: Overview
Prerequisites: General understanding of compilation and review standards
Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year From Date Of Purchase
