CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

How to Conduct a Compilation Engagement

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
1 Credits: Auditing

Course Description

A compilation engagement involves a greatly reduced set of activities from a review engagement, and especially from an audit. In How to Conduct a Compilation Engagement, we describe the steps required to complete a compilation, as well as every other aspect of a compilation engagement, including the engagement letter and the compilation report. The course also includes the requirements for an engagement in which the accountant is called upon to prepare financial statements for a client. This course is based on SSARS 21, Statements on Standards for Accounting and Review Services: Clarification and Recodification.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • State the responsibilities of the accountant in a compilation engagement.
  • List the steps usually taken during a compilation engagement.
  • Cite the reasons why an accountant may withdraw from a compilation engagement.
  • Describe the contents of the documentation assembled following a compilation engagement.

Chapter 2

  • State the responsibilities of the accountant who has been engaged to prepare financial statements.

Course Specifics

Course ID
SS9189039
Revision Date
October 16, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …

Steven M. Bragg, CPA Read More »

How to Conduct a Compilation Engagement

Expert Instructors
Format
CPE CREDITS
1 Credits: Auditing

$29.00$49.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
1 Credits: Auditing

Course Description

A compilation engagement involves a greatly reduced set of activities from a review engagement, and especially from an audit. In How to Conduct a Compilation Engagement, we describe the steps required to complete a compilation, as well as every other aspect of a compilation engagement, including the engagement letter and the compilation report. The course also includes the requirements for an engagement in which the accountant is called upon to prepare financial statements for a client. This course is based on SSARS 21, Statements on Standards for Accounting and Review Services: Clarification and Recodification.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • State the responsibilities of the accountant in a compilation engagement.
  • List the steps usually taken during a compilation engagement.
  • Cite the reasons why an accountant may withdraw from a compilation engagement.
  • Describe the contents of the documentation assembled following a compilation engagement.

Chapter 2

  • State the responsibilities of the accountant who has been engaged to prepare financial statements.

Course Specifics

Course ID
SS9189039
Revision Date
October 16, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …

Steven M. Bragg, CPA Read More »

How to Conduct a Compilation Engagement

Expert Instructors
Format
CPE CREDITS
1 Credits: Auditing

$29.00$49.00

Clear