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This 8 credit hour course, taught by Garland Granger, CIA, CPA, CFE. covers the standards and requirements for independent accounting and peer review and the preparation of financial statements in compliance with SSARS 21.

  • Explore the primary changes to Compilation & Review standards (AICPA) subsequent to SSARS 21
  • Discover implementation issues & significant changes
  • Consider the necessary changes to client communications, engagement performance & engagement documentation
  • Discover the major requirements of SSARSs for preparations, compilations, and reviews.

Learning Objectives

  • Explore the primary changes to Compilation & Review standards (AICPA) subsequent to SSARS 21
  • Discover implementation issues & significant changes
  • Consider the necessary changes to client communications, engagement performance & engagement documentation
  • Discover the major requirements of SSARSs for preparations, compilations, and reviews.
Last updated/reviewed: June 12, 2021

7 Reviews (50 ratings)Reviews

5
Anonymous Author
This course was exactly what I needed as I was going through my first review for a client. I have a background in external audit and internal audit, but a review is very different in scope. Thank you so much for a great course! I honestly don't know how you are able to remember so many great examples, but it made it so much easier to relate to the material.
5
Member's Profile
I really enjoyed this course. The information given was plain and straightforward. And, he had lots of neat little tips and stories that made the information memorable. Great course!
5
Anonymous Author
Good course design. The course is a good length. The supplementary summary support was incredibly helpful. The Review Questions were good preparation for the exam.
5
Anonymous Author
I found the instructor to be knowledgeable with a well-organized group of seminars. I appreciated his relevant use of real life examples.
5
Member's Profile
I loved the videos from this instructor. He used real life examples throughout the video which helped keep your attention.
5
Anonymous Author
Great course! The real world examples helped me better understand the topics covered.
4
Member's Profile
Great course. Appreciate your speaking skills, color and interest in the content.

Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  11:48Introduction to Compilation, Review, and Preparation Standards
  9:08Lesson 2- Background and Structure of SSARS 21
  35:22Lesson 3 - General Principles for Engagements Performed in Accordance with Statements on Standards for Accounting ...
  17:10Lesson 4 - Compilation Engagements (AR 80) Part 1
  25:20Lesson 5 - Compilation Engagements (AR 80) Part 2
  20:21Lesson 6 - Compilation Engagements (AR 80) PART 3
  18:25Lesson 7- Compilation Reports
  10:38Lesson 8 - Compilation of Financial Statements (AR 80) and Compilation Interpretations
  29:32Lesson 9 - Course Overview - Review of Financial Statements (AR 90) Part 1
  13:08Lesson 10 - Review of Financial Statements (AR 90) Part 2
  16:15Lesson 11- Review of Financial Statements (AR 90) Part 3
  13:56Lesson 12 - Review of Financial Statements (AR 90) Part 4
  17:57Lesson 13 - Review of Financial Statements (AR 90) Part 5
  12:59Lesson 14 - Review of Financial Statements (AR 90) Part 6
  12:42Lesson 15 - Review Standards - Discussion Questions:
  14:08Lesson 16 - Comparative Financial Statements (AR 200) and Communications Between Predecessor & Successor
  13:46Lesson 17 - Independence and Nonattest Services
SUPPORTING MATERIALS
  PDFStudy Guide Compilation, Review, and Preparation Standards
  PDFCompilation, Review, and Preparation Standards Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM