AICPA Valuation and Consulting Standards

Available Anytime
Location: Online
2Credits
Accounting and Auditing
Registration is Open
FICPA Members
$49.00 Regular Price
Nonmembers
$59.00 Regular Price
Product Code: AI23-VSCS
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Accounting

Overview:

This CPE course provides an overview of AICPA Professional Standards CS section 100 (Statement on Standards for Consulting Services No. 1) and VS section 100 (Statement on Standards for Valuation Services No. 1). The course covers:

  • Consulting services (including consulting services for attest clients);
  • Valuation services (including types of engagements to estimate value and valuation); and,
  • Calculation engagement reporting.

Objectives:

Learning Outcomes

  • Recall which consulting services are covered by SSCS No. 1.
  • Recognize issues related to providing consulting services to attest clients.
  • Identify the types of engagements performed under SSVS No. 1.
  • Recall the valuation approaches discussed under SSVS No. 1.
  • Recall the types of valuation reports allowed under SSVS No. 1.

Major Topics:

Key Topics

  • Statement on Standards for Consulting Services (SSCS) No. 1
  • Statement on Standards for Valuation Services (SSVS) No. 1
  • Consulting services and process
  • Professional judgment
  • Valuation engagement and reports
  • Calculate engagement report


Prerequisite:

None