2025 Standards for Presentation, Compilation, and Review Services (SSARS): Winter Update (Completed)
Date: Wednesday, February 26, 2025
Instructor: Pat Patterson
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
This Presentation reviews any new SSARS pronouncements and their impact on financial statements.
This Presentation reviews how SSARS 26 effects Presentation, Compilation, and Review Engagements.
The effect of NOLCAR on the CPA through ethics is explored.
The differences between Preparation Engagements and Compilation Engagements are highlighted.
The new Quality Management Standards will change how the professional views review and compilation engagements and is discussed.
Who Should Attend
Professional accountants in public practice and in management who need to stay current on SSARS. This includes those in not-for-profits, those who serve on boards, and those in consulting.
Topics Covered
- SSARS 26 and Quality Management
- NOCLAR and attest engagements
- NOCLAR and professionals in management/business
- Reporting requirements for Presentation Engagements
- Disclosure issues in Preparation Engagements
- Formats for SSARS Engagements and financial statements
- Documentation requirements for SSARS engagements
Learning Objectives
- To review new Statements on Standards for Accounting and Review Services (SSARS)
- To understand what an attest function is
- To review how independence impacts an attest function.
- To review what the PEEC stated about a Preparation Engagement
- To understand the impact of non-compliance with laws and regulations (NOCLAR) attest engagements
- To study the effect of Quality Management Standards on SSARS
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
A general knowledge of SSARS
Advance Preparation
None
