New Staff: Core Concepts - Nuts and Bolts: Preparation, Compilation, and Review Engagements
Available Anytime
Location:
Online
2Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$129.00 Regular Price
Product Code: AI23-ASE1-PCR
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Auditing
Overview:
This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - New Staff: Core Concepts staff training bundle.
In this CPE self-study course, learn the elements, performance requirements, and documentation expectations for preparation engagements, compilation engagements, and review engagements.
Although these procedures are not audits, they typically involve similar concepts, just at a lesser level of assurance - from no assurance to limited assurance depending on the engagement.
Objectives:
Learning Outcomes
- Identify the detailed definitions and required elements of engagements to prepare financial statements or perform a compilation or review of financial statements.
- Recall the performance standards for an engagement to prepare financial statements or perform a compilation or review of financial statements.
- Recognize the minimum documentation requirements for an engagement to prepare financial statements or perform a compilation or review of financial statements.
Major Topics:
Key Topics
- Definitions and elements
- Performance requirements
- Required documentation
- Considerations for changes in a level of service