An upcoming webcast will address SSARS No. 21 Implementation Strategies.
The two-hour class will be offered by the AICPA multiple times this fall. Check your schedule for
- September 15
- October 20
As mentioned in the AICPA’s promo piece linked above, here are just a few of the topics that will be discussed:
- The challenges in implementing SSARS No. 21 for calendar-year-end 2015 engagements — and how that impacts the performance of interim engagements in 2015
- When Section 70 on preparation of financial statements applies — and when it does not
- The importance of establishing an understanding with the client as to the terms of the engagement and engagement letter best practices
- Best practices with respect to the legend to be included on each page of the financial statements the accountant prepared
- Financial statement presentation when financial statements the accountant prepared omit substantially all disclosures, include a known departure from the applicable financial reporting framework, or are prepared in accordance with a special purpose framework (e.g., OCBOA)
- Primary differences between an engagement to prepare financial statements and the compilation of financial statements