Compilation and Review in the Red Zone

January 01, 1970

12:00 AM

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$0 Members

$0 Non-Members

Speaker:

Pat Patterson CPA CCH

EVENT DESCRIPTION

This course explains the varied and unusual details of Generally Accepted Accounting Principles (GAAP) and Special Purpose Financial Standards that impact the accounting, review, compilation, and preparation principles for privately held entities. Engagements during the Coronavirus Global Pandemic (COVID-19) and SSARS 25 are discussed for application to preparation, compilation, and review engagements. Special disclosures during the Pandemic are explored.

EVENT OBJECTIVE

Learning Objectives

Identify the types of accounting and reporting standards in preparation, compilation, and review engagements that are available to a privately held entity
Describe the mechanics of providing financial statements to an entity depending on the type of entity and the level of attention needed
Recognize the procedures that accountants may use concerning revenue, estimates, concentrations, and subsequent events for the entity
Identify when an owner may be affected by the professional accounting implications
Identify and explain the vulnerabilities of a private entity

EVENT DETAILS

Company:

CCH

Number of Hours:

2 (Recommended)

Prerequisite:

The participants should be familiar with the basics of accounting and Compilation Standards using GAAP, Other Special Purpose Financial Standards, and Ethics

Program Level:

Update

Knowledge Level:

Intermediate

Delivery Method:

Group Internet Based

Number Of Days:

Food Included:

Seminar Number:

Early Cut Off Date:

01/01/1970

Phone:

Venue:

Accommodations:

Recommended For:

CPA (2)

Approved By:

NASBA