Entry-Level Accountant Skills Training—Part 4, Excelling at Accounting Services, Preparation and Compilation Engagements

Date: 12/03/2024
Time: 3:00 PM - 5:00 PM EST
CPE Credit: 2 hours

Among the first responsibilities most assistants receive when they report to work are compilation and review engagements. Most firms use standardized practice aids obtained from major publishers and follow uniform approaches to performing these engagements and preparing documentation. These materials will discuss the procedures and documentation requires for compilation engagements. A master case will demonstrate how to comply with professional standards in the least amount of time.

Topics Covered

• Remembering accounting concepts
• Getting the work done
• Common corporate tax return preparation issues
• Approach to performing compilation engagements
• Compilation engagement documentation
• Reporting on compilation engagements
• Common deficiencies in compilation engagements
• Case study for preparing an adjusted trail balance

• Learn practical approaches to performing accounting services and compilations
• Apply accounting knowledge, common sense and professional judgment to complete high quality work in minimum time
• Prepare common practice aids and other documentation for accounting services and compilation engagements