Surgent's Guide and Update to Compilations, Reviews, and Preparations

Overview

• Understand and apply SSARS No. 21, Clarification and Recodification
• Be familiar with changes related to the issuance of SSARS Nos. 22-27
• Be familiar with preparation, compilation, and review program examples
• Be aware of the most recent reports and other required communications

Prerequisites

Experience in performing and managing compilation, preparation, and review engagements

Objectives

• Understand and apply SSARS No. 21, Clarification and Recodification
• Be familiar with changes related to the issuance of SSARS Nos. 22-27
• Be familiar with preparation, compilation, and review program examples
• Be aware of the most recent reports and other required communications

Highlights

• SSARS No. 21, Clarification and Recodification, and updates to SSARS No. 21 due to the issuance of SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services
• SSARS No. 22, Compilation of Pro Forma Financial Information
• SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services -- 2018
• SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions
• SSARS No. 26, Quality Management for an Engagement Conducted in Accordance with Statements on Standards for Accounting and Review Services
• SSARS No. 27, Applicability of AR-C Section 70 to Financial Statements Prepared as Part of a Consulting Services Engagement
• Sample comprehensive engagement work programs for preparation, compilation, and review engagements