Is AR-C 70 Applicable?? (Preparation Engagements) (Completed)
Date: Thursday, January 16, 2025
Instructor: Pat Patterson
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
Engagements. Who, what, when, and where are discussed. Disclosures and presentation applications are shown. Questions regarding Preparation in Compilations, Reviews, and Audits are detailed with regards to the preparation of the financial statements. Independence and note disclosures are explained for clarity.
Who Should Attend
Professional accountants who must remain current and correct in financial statement presentations should take this new type of engagement standards information instruction.
Topics Covered
- Disclaimers
- Disclosures
- Reports
- Basis of Accounting
- Omission of notes
- Independence requirements
- Other types of engagements and applicability of AR-C 70
Learning Objectives
- Knowing when independence is required
- Recognizing the difference in classification of engagements
- Learning the distinctions in types of reports and engagements
- Recognizing the types of disclosures needed for Preparation Engagements versus other types
- Be familiar with Preparation Standards when Attest Standards are present
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
None
Advance Preparation
None
