Practical Approaches to Performing Efficient & Effective SSARS Engagements (Compilation and Review)

  • Accountant
  • CPA/ABV
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • CFIRS
  • CWS

Published: July, 2020

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Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • SSARS Background & History
    10 mins
  • SSARS –Applying the Standards
    25 mins
  • AICPA Code of Professional Conduct
    47 mins
  • THE QUALITY CONTROL STANDARDS
    53 mins
  • ENGAGEMENTS PERFORMED IN ACCORDANCE WITH SSARS
    62 mins
  • Performing the Compilation Engagement
    76 mins
  • Performing the Review Engagement
    97 mins
  • Improving the Efficiency of Engagements Performed in Accordance with SSARS
    103 mins

Course Description

SSARS 21 changed the landscape for CPAs associated with the unaudited financial statements of nonpublic entities. The accountant may no longer prepare a client’s financial statements or footnotes without affecting independence. In addition, there is a new alternative, the SSARS preparation engagement.  Unfortunately, many accountants are not certain when they should perform compilation, preparation, or perform bookkeeping services. In addition, many CPAs are not aware of the ethical implications of preparing financial statements in anticipation of a compilation, review, or audit.

This Online CPE Webinar on Accounting will cover the following Key Topics:

  • An overview of SSARS, including recent amendments
  • Points of differentiation in engagement: Compilation & Preparation; Preparation & Bookkeeping 
  • How to preserve independence when called for in any engagement
  • Practical suggestions to improve the efficiency of their SSARS engagements without reducing effectiveness or sacrificing quality

This online CPE webinar will also provide attendees with a hands-on application for performing preparation and compilation engagements. 

Click Here to explore Free & Premium CPE Courses for Certified Public Accountants (CPAs)

Learning Objectives

  • To understand the alternative engagements that may be entered when associated with financial statements of a nonpublic entity.
  • To determine when it is best to perform a preparation engagement in accordance with SSARS or a bookkeeping engagement.
  • To explore all requirements of standards for performing engagements subject to SSARS.
  • To ensure documentation for SSARS engagements is adequate.
  • To identify circumstances calling for modified compilation and review reports.

Recommended For

  • This Online CPE webinar on Accounting is recommended for CPA, CMA, CFF, CFE, and Other Accounting Professionals who desire to help their clients with efficient compilation and review engagements.

    Who Should Attend?

    • Accountant
    • Accounting Managers
    • Accounting Practice Owners
    • Accounts Director
    • Chief Accounting Officer
    • CPA (Industry)
    • CPA - Mid Size Firm
    • CPA - Small Firm
    • CPA in Business
    • Entrepreneurial Accountant
    • Entrepreneurial CPA
    • Senior Accountant
    • Staff of Accounting Firm
    • Young CPA

    Course Qualification

    Webinar Qualifies For

    • 2 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
    • 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
    • 2 CE Credit for Certified Wealth Strategist (CWS)
    • 2 General Credit of Accounting for Accountant/Bookeeper
    • 2 CPD Credit of Financial Reporting for Accredited in Business Valuation (ABV)
    • 2 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
    • 2 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
    • 2 CPE Credit of Accounting for Certified Government Financial Manager (CGFM)
    • 2 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
    • 2 CPE Credit of Accounting & Auditing for Certified Management Accountants (CMA)
    • 2 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
    • 2 PL Credit of Accounting for Chartered Financial Analyst (CFA)
    • 2 CPE Credit of Accounting for Internal Audit Practitioner (IAP)
    • 2 CPE Credit of Accounting for Qualification in Internal Audit Leadership (QIAL)
    • 2 PL Credit of Accounting for Certificate In Investment Performance Measurement (CIPM)
    • 2 CPE Credit of Financial accounting for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
    • 2 CRE Credit of Financial accounting concepts for Certified Corporate FP&A Professional (FPAC)

    Additional details

    • Course Level :
      Basic
    • Credits :
      2
    • Instructional Method :
      QAS Self Study
    • Pre-requisites :
      None
    • Advance Preparation :
      None

    NASBA APPROVED

    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.

    Presenter

    About Presenter

    Mark Dauberman, CPA (US)

    Owner, Mark Dauberman

    Mark provides CPE and technical staff training for CPA firms, private industry, state CPA societies, and government organizations.  His topics include accounting, SSARS, ethics, fraud, internal and external auditing, internal control development (COSO), entrepreneurship, and developing a business plan.  Mark is in the process of initiating a new entity, The Internal Control Institute, which will be offering CPE and staff training related to internal controls, and in conjunction with professors from Claremont Graduate University, will be providing internal control consulting.

    Mark is also an expert witness in the defense of CPAs in cases involving primarily ethics, fraud, and compliance with standards in the performance of professional services.

    Mark also provides consulting services to CPA firms with an A & A practice that do not have an expert on GAAP or requirements of Professional Standards within the firm.  He addresses such matters as conformity with GAAP, adequacy of disclosures, compliance with professional standards, risk assessment, development and performance of audit and review processes, engagement documentation, compilation and preparation engagements, ethics and independence requirements, assessing and enhancing internal controls for the firm and clients, preparation for peer review, and staff training and CPE.  He also provides consulting services related to client management and marketing.

    Mark’s public accounting experience includes working with Kenneth Leventhal & Company and more recently, he was a partner at NSBN, a Beverly Hills CPA and business consulting firm. Mark’s industry experience includes serving as assistant controller of a large trucking and warehousing firm along with controller and Vice President of Finance and Administration for major real estate development companies.  Mark also spent nearly 30 years as an entrepreneur, operating a company that prepared individuals for the CPA exam nationwide.

    Mark has been involved in accounting education at CSU Northridge, CSU San Bernardino, Loyola Marymount University and UCLA.  He obtained his bachelor’s degree in accounting from CSU Northridge. He obtained his Executive MBA at the Peter Drucker and Masatoshi Ito School of Management at Claremont Graduate University, where he previously had been a student of Dr. Drucker’s.  He also obtained an Internal Control Certificate from COSO.  Until recently, he authored “Knowledge Based Preparation, Compilation, and Review Engagements” for CCH and updated their checklists for SSARS engagements.  He also served as Senior Editor for Roger CPA Review.

    About Company

    Mark Dauberman

    www.markdauberman.com

    Mark Currently provides CPE and technical staff training for CPA firms, private industry employers of accountants, and government organizations on topics that include accounting, compilation and review, fraud, internal and external auditing, developing internal controls, strategic planning, and practice management.  He is also the Senior Editor for Roger CPA Review Course and authors CCH’s “Knowledge-Based Compilations and Reviews”.

    Mark’s public accounting experience includes working with various local firms throughout high school and college, and employment with Kenneth Leventhal & Company. More recently, he was a partner at NSBN, a Beverly Hills CPA and business consulting firm, where he served as director of the audit practice and was responsible for recruiting, training, business development, quality control, and strategic planning for the firm. Mark’s industry experience includes serving as assistant controller of a large trucking and warehousing firm. He has been both a controller and the Vice President of Finance and Administration for major real estate development companies.  Mark also spent nearly 30 years as an entrepreneur, operating a business that prepared individuals for the CPA exam.

    Mark taught his first university accounting class in 1969 and has been involved in accounting education since, most recently a visiting lecturer at California State University at San Bernardino.

    Mark obtained his bachelor’s degree in accounting from California State University at Northridge. He obtained his Executive MBA at the Peter Drucker and Masatoshi Ito School of Management at Claremont Graduate University, where he previously had been a student of Dr. Drucker’s.

    Faq

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    Ratings and Review

    4.7

    20 Ratings

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    YT

    Yacob Tewelde, CPA (US)

    Aug 27th, 2020

    Very detailed and based on real and practical examples.

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