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Florida Institute of CPAs

New in 2013!

The ACPEN Signature Series™ schedule for 2013 is now online!  These courses are the flagship CPE events of ACPEN.  Signature Series™ courses, beginning in May each year, continue monthly throughout the year.  Each showcases important and timely CPE topics, using enhanced production techniques, delivered by panels consisting of national experts, practitioners, and representatives of regulatory and standard setting bodies.   To see what courses are included in the Series this year, please click on the ACPEN Signature Series category below.  Signature Packages will be available soon along with ouy newly redesigned catalog!

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Compilation and Review: Updates and Advanced Considerations

Length: 8 Hours

CPE Credits: 8

Description: Learn about the new 2011 and 2012 compilation and review professional standards, which represent the most significant changes to compilation and review services in over 30 years. Review pertinent, specially selected standards from earlier years.

• New compilation and review standards for 2012, including SSARS 19, Compilation and Review Engagements
• New issues about the accumulation of Review Evidence
• New issues about the concept of materiality for compilation and review engagements
• New issues in Compilation and Review engagement letters and review representation letters specified in SSARS 15-19
• An advanced look at documentation standards will be reviewed for changes required by new compilation and review standards
• Updates on previously issued standards that may still apply and their involvement with SSARS 19
• IASB and International Financial Reporting Standards status as applies to compilation and review engagements
• Further updates that impact compilation and review engagements that include: new Quality Control Standards (SQCS 7) and its requirements; status of “Mobility” issues combined with “Substantial Equivalency”; status of Peer Review and related regulatory problems; and changes in Florida Statutes and Florida Administrative Code
• Ethics Interpretation 101-3 will be explored for revisions and updates in attest/nonattest applications specifically dealing with compilation and review issues
• Any other matters deemed appropriate and timely

Produced By:

Florida Institute of CPAs

Faculty

  • Cecil "Pat" Patterson, Jr, CPA

CPE Credits: 8

Original Recording Date: 5/9/2012

Learning Objective 1: Provide the participants with an advanced update of the new compilation and review standards for 2011 and 2012. Also, provide a review of selected revised professional compilation and review standards that still apply from earlier years

Field of Study 1: Accounting & Auditing (8 hours)

Program Level (Basic, Update, Intermediate, Advanced, Overview): Intermediate/Advanced

Prerequisites: None

Advanced Preparation: N/A

Instructional Delivery Method: Group Internet Based

Course Registration Requirements: Online Registration

Designed For: Professionals in public practice, industry, government, and education who deal with nonpublic entities

Course Developer: Florida Institute of CPAs

Refund/Cancellation Policy: Please contact the ACPEN help desk - 1-800-747-1719 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.

Complaint Resolution Policy: Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).

Official Registry Statement: Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org

Course Materials

  • COMP 2012-05-09
  • Slides
 

Florida Institute of CPAs