Compilations, Reviews and Audits: How They Differ

Overview

This session provides an overview of compilation, review, and audit engagements. We will explore major considerations regarding each type of engagement in addition to contrasting and comparing these three major professional services provided by certified public accountants.

Highlights

• Review of differences of compilation, review and audit engagements
• Compare and contrast major considerations of each type of engagement
• Provide practical tips and strategies
• Professional standards that govern each type of engagement

Prerequisites

None

Designed For

CPAs in public practice.

Objectives

• Compare and contrast the three major types of engagement services
• Comprehend procedures that are typically accomplished for each type of engagement
• Identify documentation requirements and best practices

Preparation

None