Compilation and Review CPE courses by James Ulvog – Attestation Update

Looking for on-line CPE courses on compilations and reviews? I’ve written or revised a series of courses for CCH which you can find linked below. I’ve quoted liberally from the CCH site. Here is a list of courses with descriptions to follow:

Course summaries:

Compilation and Review: Practice Issues (3rd Edition)

3 CPE hours

This CCH Learning Center course was prepared to enable participants who are experienced accountants to improve their knowledge of the issues affecting their compilation and review practices.

Identify alternatives for reporting other than GAAP financial statements with full disclosures
Define unconditional requirements and presumptively mandatory requirements
Identify unconditional requirements and presumptively mandatory requirements in SSARS
Identify documentation requirements for a compilation and review
Develop compilation and review reports for basic reporting situations.
Describe nature of an engagement quality control review and identify that a firm should define the criteria for when such a review is necessary.

Compilation and Review: Introduction

2 CPE hours

This CCH Learning Center Course provides an introduction to the requirements for performing compilations and reviews. This course covers the components of the SSARS that apply to both types of services. Follow-on courses describe the components of SSARS that apply to only compilations or only reviews, including reporting.

Compilation and Review: Compilation

2 CPE hours

This CCH Learning Center course rounds out the introduction to requirements for performing compilations that was started in the course Compilation and Review: Introduction. This course addresses those parts of the SSARS literature that apply only to a compilation

Compilation and Review: Reviews

2 CPE hours

This CCH Learning Center course rounds out the introduction to requirements for performing reviews that was started in the course Compilation and Review: Introduction. It addresses those parts of the SSARS literature that apply only to reviews.

Compilations and Review – The Engagement (4th Edition)

3 CPE hours

The CCH Learning Center course examines many facets of a compilation or review engagement. It looks as the circumstances in which an accountant is required to comply with the provisions that apply to compilations or reviews; unconditional requirements and presumptively mandatory requirements; creating engagement letters; understanding documentation requirements; and describing the accountant’s responsibility for fraud; as well as several complexities of SSARS engagements.

Compilation and Review: Running Your First Engagement

2 CPE hours

Moving into the role of an in-charge accountant is a big step in professional growth. The responsibilities of that role may be a little vague because there are many tasks that have never been done before.

This CCH Learning Center course, Compilation and Review: Running Your First Engagement, walks through many of the responsibilities of an in-charge accountant from the perspective of someone taking on their first engagement.

A few of the topics covered are:

Describe key components of a time control
Explain how a time control can be used to manage an engagement
Describe key documentation needed at the conclusion of the engagement including disclosure checklists and client representation letters
Describe the internal review process that follows after work is completed by the in-charge accountant
Explain the impact of a workpaper lock-down timeline on adding or deleting documentation

Independence Rules that Affect Compilation and Review Engagements (3rd edition)

3 CPE hour

This CCH Learning Center CPE course focuses on explaining the background and implications of independence rules affecting CPAs providing compilation and review services, with particular focus on the impact of Interpretation 101-3,entitled Performance of Nonattest Services.

More specifically this course will discuss the accountant’s ability to perform certain nonattest services for attest clients as well as improving the communication between the accountant and the client for whom such services are conducted.

Compilation and Review: Special Reporting Issues

2 CPE hours

This CCH Learning Center course is directed to the CPA experienced in performing compilation and review engagements. Assuming a basic working knowledge of financial statement preparation, the course provides background on advanced and specialized issues and identifying potential problems with compiled and reviewed statements.

Accountants may use topics in the course to explore further avenues of services for their practice as well as to avoid the pitfalls of performing certain procedures under the SSARSs.

Sections explore requirements for developing and compiling personal financial statements, including those integrated into personal financial plans. Prescribed forms are frequently used to generate personal financial statements, so the next section explains typical content of prescribed forms—both conforming and departing from GAAP—for these uses.

Full disclosure: I was compensated for writing or updating the above courses. I do not get additional pay based on the amount of courses sold.

Course summaries:

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