CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Webcast

Adapting to the Engagement – Differentiating the Requirements of Preparations, Compilations, Reviews, and Audits

2 Credits: Auditing

$98.00

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Adapting to the Engagement – Differentiating the Requirements of Preparations, Compilations, Reviews, and Audits

Format
Webcast
Course Level
Basic
CPE Credits

2 Credits: Auditing

Course Description

A CPA may perform various attest services under relevant professional standards, including compilations, reviews and audits. Reviews and audits are also considered assurance services, providing either limited or reasonable assurance that financial statements are free of material misstatement. In addition, the CPA may perform non-attest services, such as bookkeeping or preparation of financial statements. CPAs must fully understand the professional responsibilities related to each of these varying levels of services, in order to effectively and efficiently satisfy engagement objectives.

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Learning Objectives

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

  • Explain how to avoid litigation risk in bookkeeping services
  • Recall the basis and requirements for a compilation contrasted with preparing financial statements
  • Identify special purpose framework and other issues
  • List the basis and requirements for a review
  • Explain the basis and fundamental requirements for an audit
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Course Specifics

Course ID
WC1924397074
Revision Date
September 13, 2024
Prerequisites

None

Advanced Preparation

None

Compliance Information

NASBA Provider Number: 103220

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Jennifer F. Louis, CPA has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success.  In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis.  Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years.  Prior to that, Jennifer was Executive Vice President/Director of …