SSARS Codification: Preparation, Compilation and Review 2024
8.00 Credits
Member Price $299
Non-Member Price $399
Overview
This course covers SSARS requirements for preparing, compiling and reviewing financial statements through SSARS 26. With SSARS 21, the AICPA Accounting and Review Services Committee (ARSC) introduced the Preparation service to SSARS and rewrote the Compilation and Review Standards in a clear format. SSARS 22 and 23 made minor modifications to SSARS 21. SSARS 24 and 25 made substantive modifications to the SSARS, mainly when performing review engagements. SSARS 26 updates the SSARS with conforming changes made necessary by the new Quality Management standards.
Highlights
- SSARS Codification requirements
- SSARS engagements: preparation of financial statements, compilation of financial statements and proforma financial information
- Review of financial statements
- Overview coverage of the amendments to the SSARS contained in SSARS 26
Prerequisites
None
Designed For
CPAs, accountants, and other financial professionals looking to expand and update their understanding and knowledge.
Objectives
- Identify preparation of financial statement engagement requirements.
- Identify compilation engagement requirements.
- Identify review engagement requirements.
Preparation
None
Leader(s):
Leader Bios
Howard Sibelman, CalCPA Education Foundation
Howard Sibelman has extensive accounting, auditing and consulting experience with middle-market companies, and he has served clients in the manufacturing, distribution, entertainment, hospitality, and real estate industries. An integral part of Howard’s professional background is his role as an educator. He was the director of continuing education for a national accounting firm, was an instructor at the University of Southern California, was on the faculty of two of the nation’s largest certified public accounting review courses, and has facilitated numerous firm and CPA Society education programs. Howard was previously a business assurance partner at Moss Adams LLP, the 11th-largest accounting and consulting firm in the US. He was a member of the firm’s international services group and the IFRS core training group, and served as the quality control coordinator for the firm’s Los Angeles office. He was recently selected by the California Society of CPAs to be the vice-chairman (chairman elect) of the state’s accounting principles and auditing standards committee. “
Non-Member Price $399
Member Price $299