This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Read our privacy policy to learn more.

Technical

Preparation, Compilation, and Review Engagements Guide Logo aicpa

  $89.00 - 109.00 |   AICPA |   Sep 2020 |   AICPA Store

Issued under the authority of Accounting and Review Services Committee (ARSC) and a go-to guide for accountants performing preparation, compilation and review engagements, this version contains the most up-to-date guidance, including the recently issued Statement on Standards for Accounting and Review Services (SSARS) No. 22, Compilation of Pro Forma Financial Information, and SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services - 2016. This edition also contains some enhancive updates related to materiality in review engagements, professional skepticism, and more illustrative accountant's reports.

Key Features and Benefits

  • Authoritative guide
  • Illustrative inquiry and analytics for review engagements
  • Illustrative engagement letters for preparation, compilation and review engagements
  • Illustrative representation letter for review engagements
  • Illustrative accountant's compilation/review reports on financial statements
  • Illustrative engagement letter for a compilation of pro forma financial information
  • Illustrative accountant's compilation report on pro forma financial information

Updates

  • This version of the guide is updated for the recently issued SSARS No. 22, Compilation of Pro Forma Financial Information, and SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services - 2016.

Who Will Benefit?

  • Accountants who are new to the preparation, compilation and review engagements
  • Experienced accountants in this area who need a refresher on their knowledge to keep up with the recent development in this field
Topics covered:
  • Financial accounting & reporting: Technical: Preparation services: Authoritative guidance, Foundational
  • Financial accounting & reporting: Technical: Preparation services: Authoritative guidance, Intermediate
  • Assurance: Technical: Compilation: Authoritative guidance, Foundational
  • Assurance: Technical: Compilation: Authoritative guidance, Intermediate
  • Assurance: Technical: Review: Authoritative guidance, Foundational
  • Assurance: Technical: Review: Authoritative guidance, Intermediate

Online Professional Library

The AICPA Online Professional Library will operate in a variety of configurations, but only the configuration described below is supported by our technicians:

Note: The Online Professional Library will be accessible immediately after completing the purchase process. Access instructions will be shown on the Order Confirmation Screen and also included in the Order Confirmation Email. Access to the Online Professional Library is through a separate browser window. Please be sure to turn off your pop-up blocking software before you sign in and launch this product.

eBooks
Read the AICPA eBooks Quick Start Guide

Minimum system requirements are:

PDF

CD-ROM/DVD

Your go-to guide for important updates
Who Will Benefit?
  • Accountants who are new to the preparation, compilation and review engagements
  • Experienced accountants in this area who need a refresher on their knowledge to keep up with the recent development in this field
Key Features and Benefits
  • Authoritative guide
  • Illustrative inquiry and analytics for review engagements
  • Illustrative engagement letters for preparation, compilation and review engagements
  • Illustrative representation letter for review engagements
  • Illustrative accountant's compilation/review reports on financial statements
  • Illustrative engagement letter for a compilation of pro forma financial information
  • Illustrative accountant's compilation report on pro forma financial information

Whether you're a new or seasoned accountant, it's time for a PCRE refresher.

Issued by the Accounting and Review Services Committee (ARSC), this edition contains the latest developments in performing preparation, compilation and review engagements.

You'll find ARCS's best advice on:

  • Recently issued Statement on Standards for Accounting and Review Services (SSARS) No. 22, Compilation of Pro Forma Financial Information,
  • SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services, 2016, and
  • SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services, 2018
International reporting updates are here

You'll find enhanced updates and illustrative accountant's reports, plus coverage of international reporting issues. That includes SSARS No. 24, which is effective on or after June 15, 2019.

Comments/Reflections