Performing Compilation and Preparation of Financial Statement Engagements

Course Description:

In these materials, specific issues related to compilation engagements and preparation of financial statements engagements will be discussed. Annual and interim engagements, accounting services with and without financial statement preparation, basic documentation, and reporting requirements will be included.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Understand the fundamental concepts of compilation services
• Learn effective and efficient compilation engagement performance, reporting and documentation methods
• Distinguish between compilation and preparation engagements procedures and documentation
• Understand the affects of preparation engagements (non attest services) on attest engagements