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60-minute live streaming program
  • July 31
  • 1:00 - 2:00 pm EST

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Audio & Reference Manual

SSARS 21: Compilation and Review Standards Update

July 31

Get up to speed on the significant changes to SSARS and avoid noncompliance.

Many practitioners are engaged by their clients to perform nonaudit engagements and may not understand the professional requirements when performing such services. They may often roll forward engagement files each year and perform similar procedures, but then struggle to improve the realization on such engagements. Some practitioners may also struggle to explain how their work meets the requirements of professional standards during subsequent peer review inspections. This topic helps explain the nuances of review, compilation, and preparation engagements in plain English as well as the recent changes in related professional standards. This material also identifies ways that practitioners can improve their profitability AND reduce their engagement risk.

Learning Objectives

- You will be able to review engagement letters for potential exposure.

- You will be able to explain the organization of SSARS.

- You will be able to discuss the recent changes to SSARS.

- You will be able to identify areas for improving efficiency on review engagements.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Summary of Review, Compilation, and Preparation Engagements
  • Organization of Statements on Standards for Accounting and Review Services (SSARS)
  • Discussion of the Guide
  • Interaction With Other Professional Standards
Summary of Recently Issues SSARS
  • SSARS No. 22, Compilation of Pro Forma Financial Information
  • SSARS No. 23, Omnibus-2016
  • SSARS No. 24, Omnibus-2018
Best Practices
  • Implementing a Risk-Based Approach for Review Engagements
  • Engagement Letters
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Live Webinar Registration

  • CPE 1.2 including Accounting 1.2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Accounting for 1.2 hours. Prerequisite: basic knowledge of general accounting. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Accounting for 1.0 hour.
     

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for accountants, CPAs, CEOs, presidents, vice presidents, CFOs, controllers, business owners and managers.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Jeremy Dillard, CPA, CGMA

Jeremy Dillard, CPA, CGMA

SingerLewak LLP

  • Technical Standards Partner for SingerLewak LLP
  • Member of the Private Company Council, which advises the Financial Accounting Standards Board (FASB)
  • Past member of the AICPA Accounting and Review Services Committee
  • Frequent speaker at conferences and webinars on various accounting and assurance topics
  • Author of AICPA practice aids on Engagement Letters and Internal Controls
  • Bachelor’s degree from University of California – Santa Barbara
  • Member of the American Institute of CPAs and California Society of CPAs
  • Can be contacted at [email protected] or (818) 999-3924
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Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 404169
Published 2015, 2018
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