How to Conduct a Compilation Engagement

Price: $9.75

CPE Credits: 1.0

Category:

Course Number: AUCOMPSB

compilation engagement -how to conduct one

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 RecodificationTable of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Steven Bragg, CPA

Publication: April 2018
Format: PDF
Pages: 32

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

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

 

 

 

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 RecodificationTable of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Steven Bragg, CPA

Publication: April 2018
Format: PDF
Pages: 32

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

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

 

 

 

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