A practice-oriented review of the latest developments related to SSARS Nos. 21-24, this title includes a wide range of issues, including: _ Developments in the conceptual framework _ New and proposed independence interpretations _ Consideration of materiality in a review engagement _ Going concern considerations _ Restatement of prior year financial statements
A practice-oriented review of the latest developments related to SSARS Nos. 21-24, this title includes a wide range of issues, including: _ Developments in the conceptual framework _ New and proposed independence interpretations _ Consideration of materiality in a review engagement _ Going concern considerations _ Restatement of prior year financial statementsHinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Hugh Parker, Ph.D., CPA, has more than 25 years of experience in accounting, auditing, business valuation, and litigation support in local and regional firms. He has taught CPA continuing education courses across the country, and has been recognized by the American Institute of Certified Public Accountants as an Outstanding CPE Instructor. His career includes experience teaching undergraduate and graduate accounting courses, Dean of the Else School of Management at Millsaps College and Executive Partner of HORNE LLP. Parker's volunteer service includes campaign chair of the Millsaps College Else School of Business, USM College of Business Advisory Board, Boys and Girls Clubs of Central Mississippi, Boy Scouts, Mississippi Special Olympics, and the Mississippi Symphony Orchestra. Kimberly Burke, Ph.D., is professor of accountingat the Dean at Millsaps College's Else School of Management. She oversees the undergraduate business program, an MBA program, an Executive MBA program, and a Master of Accountancy program. As an accounting professor, Dr. Burke has taught a variety of classes including undergraduate and graduate auditing, intermediate and advanced accounting, accounting information systems, principles of financial accounting and introduction to liberal studies. In 2008, she was recognized by the Carnegie Foundation for the Advancement of Teaching and the Council for Advancement and Support of Education as the Mississippi Professor of the Year. She has published in multiple publications including Advances in Accounting, Southern Economic Journal, Journal of Information Systems, Journal of Service Marketing and Internal Auditing.
Inhaltsangabe
Chapter 1 1-1
Introduction to Preparation, Compilation, and Review Engagements 1-1
Reporting on financial statements 1-2
Evolution of engagements to prepare financial statements 1-5
Hierarchy of standards and guidance 1-7
Quality control in engagements performed under SSARSs 1-10
Peer review 1-14
Summary 1-16
Preparation engagements 1-17
Chapter 2 2-1
Current Economic Environment 2-1
The U.S. business environment 2-2
Implications of the current economy 2-5
Summary 2-11
Chapter 3 3-1
Recent Statements on Standards for Accounting and Review Services Developments 3-1
SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services - 2018 3-2
SSARS Nos. 22-23, Compiling Pro Forma and Prospective Financial Information 3-14
Summary 3-20
Chapter 4 4-1
Performing an Engagement to Prepare Financial Statements 4-1
Objective and scope 4-2
Performance requirements 4-4
Documentation for engagements to prepare financial statements 4-8
Summary 4-10
Practice questions 4-11
Chapter 5 5-1
Performing Compilation Engagements 5-1
Compilation framework and objectives 5-2
Compilation performance standards 5-7
Documentation for compilation engagements 5-10
Summary 5-14
Practice questions 5-15
Chapter 6 6-1
Performing Review Engagements 6-1
Review general principles and objective 6-2
Review performance standards 6-7
Documentation for review engagements 6-15
Change in level of service 6-19
Summary 6-20
Practice questions and case studies 6-21
Chapter 7 7-1
Engagement Administration Issues 7-1
Independence 7-2
QC Section 10: A Firm's System of Quality Control 7-9
Summary 7-15
Chapter 8 8-1
Compilation and Review Reporting Issues 8-1
Common modifications to standard compilation reports 8-2
Common modifications to standard review reports 8-4
Reporting on supplementary and required supplementary information 8-5
Emphasis-of-matter or other-matter paragraphs 8-7
Summary 8-13
Chapter 9 9-1
Special Purpose Framework Financial Statement Issues 9-1
Special purpose framework financial statements 9-2
