CPAR Auditing Practice  |  Format: Flash

SSARS 24 and Beyond: The Latest Developments

Course Overview
It is not unusual for your clients to collaborate with you during the preparation of their financial statements. As a result, many accountants are beginning to appreciate the AICPA�s rules that differentiate compilation services from merely assisting management in preparing their financial statements. Michael Glynn, who serves as the staff liaison for the Accounting and Review Services Committee, explains when it might be possible for you to perform a compilation on financial statements that omit substantially all disclosures.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Recognize the disclosure requirements under SSARS No. 21;
  • Identify the new concepts the ARSC is proposing for special purpose frameworks;
  • Recognize the guidelines for interim reviews under SSARS No. 24; and
  • Identify the requirements and guidance related to international reporting issues under AR-C Section 100.

    Catalog Number: CPAR1372-FM
    CPE Credits: 2 Registry / 2 QAS
    Author: CPA Report
    Advanced Preparation:
    Work experience in financial reporting or auditing, or an introductory course in auditing.
    Course Level: Update
    Field of Study: Auditing
    Content Partner: CPA Reports Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
      You are allowed 2 attempts to pass the final exam in a 30 day period. You will be locked out of the final for 30 days after any second failure.
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Feb 25, 2019 / Apr 08, 2020