Successfully Navigating the Impacts of SSARS No. 23 (WEBS0584)

Friday, October 20, 2017 | 1:00 PM - 3:00 PM (Registration at 12:30PM) EST |

Instructor

Jennifer Louis

Description

Statements of Standards for Accounting and Review Services (SSARS) recently underwent a complete revision through the issuance of SSARS No. 21, Statements of Standards for Accounting and Review Services: Clarification and Recodification. The most monumental change is the creation of a brand new non-attest service entitled "Preparation of Financial Statements". This course will focus on clear and practical guidelines for successfully navigating the changed professional requirements of SSARS No. 21 compared to current practice.

Objectives

  • Describe the difference in the accountant’s responsibilities for services related to preparation of financial statements, compilations and reviews
  • Understand the minimum documentation requirements for each level of service
  • Identify the required elements of the appropriate accountant’s report

Cost

Standard Registration: $89 SCACPA Members, $109 Non-Members

Major Topics

  • Satisfying the completely clarified and revised professional standards related to preparation of financial statements, compilations and reviews
  • Differentiating when it is appropriate to perform a preparation of financial statements non-attest service instead of a compilation engagement requiring a report to be issued
  • Highlighting the major reporting changes for compilations and reviews

DETAILS

Course Code:
WEBS0584

Credits:
2.00 Accounting

Field of Study:
Accounting

Vendor:
Business Learning Institute

Course Type:
Webinars/Webcasts

Level:
Basic

Prerequisite:
None

Advanced Preparation:
None

 

 

 

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