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Surgent’s Preparing and Reviewing Client Prepared Financial Statements (SSAA712/24)

Event Description

The ultimate objective of a financial statement audit is to issue the independent auditor’s report. This module discusses the process, introduces key elements of financial statements, and provides best practices for auditors who either prepare or review the client’s financial statements. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 2.)

Designed For

Accountants who have responsibilities for drafting financial statements or reviewing client prepared financial statements.


Explain the key elements and variations of the auditor’s report Understand the appropriate treatment for accounting changes and error corrections Discuss the basic financial statements, their key elements and required disclosures Understand the Codification layout and be able to perform research on presentation and disclosure issues that arise Use a framework to prepare or review client prepared financial statements Identify best practices for financial statement preparation or review of client prepared financial statements.

Major Subjects

Objective of financial reporting Inter-relationships of financial statements and disclosures Accounting changes Financial statement preparation and review process Best practices for financial statement preparation and review