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Performing a Review Engagement Part I

Available Until

**OnDemand**

1.5 Credits

Member Price $75.00

Non-Member Price $95.00

Overview

This CPE course is included in the 15-hour Preparation, Compilation, and Review Staff Essentials program. It can also be purchased as a part of the Review Engagements Series.

This innovative CPE course has been designed to provide a convenient, accessible way for firms to train their staff in this area of practice. With the introduction of the SSARS No. 21, Statement on Standards for Accounting and Review Services: Clarification and Recodification, this area of practice will be experiencing a level of change not seen in over 30 years. This CPE course provides fundamental training on the performance standards associated with review engagements. This enhanced learning program contains a customized "learning coach" to create a flexible, engaging learning experience. This CPE course has also been updated to reflect the most recent changes resulting from the issuance of SSARS No. 22 and SSARS No. 23, to help practitioners comply with the latest developments in regulation.

Highlights

Key Topics

  • Accepting or continuing a client relationship
  • Establishing an understanding with the client
  • Obtaining knowledge of the industry and client's business
  • Obtaining sufficient appropriate review evidence
  • Different sources of review evidence
  • Reading the financial statements to ensure that they are correct in form and free from obvious error
  • Communicating information with management or those charged with governance
  • Documenting the review engagement using a work program, bridging documents, forms, and checklists
  • Changes in the level of service from audit to review

Prerequisites

None

Objectives

Learning Outcomes

  • Identify the performance standards for a review engagement.
  • Recognize the minimum documentation requirements for a review engagement.
  • Recall the forms and checklists typically used in a review engagement.
  • Compare the change in level of service from an audit to a review.

Non-Member Price $95.00

Member Price $75.00