Published: August, 2021
A CPA may engage with clients for various attest and nonattest services. However, it is required to know that there are standards for each of the services. If these standards are not met, each of these services also carries the risk of litigation. Therefore it is required for the CPAs to make required preparations for all types of engagement.
A CPA may perform various attest services under relevant professional standards, including compilations, reviews, and audits. Reviews and audits engagement 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 the 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. It is also clear that with increased services from bookkeeping and write-up to compilation, review, and audit – the requirements, preparation, and risk changes. The webinar will also discuss the most common issues faced during all types of engagements. We will also discuss special purpose frameworks and other related issues for various engagements. At last, the speaker will discuss the best practices for all types of engagements.
The following are the Major Topics discussed during the webinar:
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
President, Emergent Solutions Group LLC
Jennifer F. Louis, CPA has over 25 years of 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, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys.
Emergent Solutions Group is highly rated in course design and instruction on a wide array of topics, including accounting, auditing, personal development, project management, practice management, and more. Our Services includes :
1. Developing High-Caliber, Cost-Effective Training Content
2. Revamping or Customizing Existing Training Offerings
3. "On-Call” Instructing and Speaking
4. Training the Trainer