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FUS855 – SSARS No. 25

Course and Test $ 75.00
Course and Test PDF $ 55.00
Additional Hard Copy Test $ 12.00
Additional Online Test $ 12.00
SKU: FUS855 Category:

CPE Credit Hours:4NASBA Color logo-1 inch

Field of Study: Auditing

Publication date: January 2022


The purpose of this course is to inform the reader of the various changes made to the compilation and review codification by the issuance of SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions, including changes made to AR-C 60 – General Principles, AR-C 70 – Preparation of Financial Statements, AR-C 80 – Compilation Engagements, and AR-C 90 – Review of Financial Statements.

Topics include expanding use of the disclaimer report in a preparation engagement, changes involving reporting on the contractual basis of accounting, new requirements to define materiality in a review engagement, expanded inquiries and management representations in a review engagement, the new modified conclusions, and guidance on going concern in a review engagement.

This course 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.

More Information

This is a self-study CPE course.
Program level: Overview
Prerequisites: General understanding of compilation and review and auditing standards

Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year From Date Of Purchase