Compilation and Review Practice Guide

Description

Compilation and review issues have dominated the profession during the past few years. This program addresses these changes and current performance requirements in the compilation and review literature such that practitioners will be able to perform these services in compliance with SSARS, while applying best practices for both efficiency and effectiveness.

Highlights

  • SSARS standards
  • Compilation performance requirements
  • Review performance requirements
  • Documentation for compilations and reviews
  • Special purpose frameworks financial statements
  • Legal liability concerns and issues
  • How to perform and document analytical procedures appropriately, including developing expectations
  • Independence and the AICPA Code of Professional Conduct
  • Non-attest services
  • Common issues raised in peer reviews

Objectives

  • Identify the performance requirements in the SSARS standards
  • Effectively perform compilation, review, and preparation engagements utilizing the most recent guidance in effect.
  • Efficiently document compilations and reviews
  • Identify best practices when performing compilation and review engagements
  • Address special purpose frameworks when performing compilation and review engagements

Designed For

Practitioners who perform compilation and review engagements for non-public entities.



Leaders

Joseph Manfre

Joseph E. Manfré, licensed as a CPA in New York, is a discussion leader for Kaplan Financial Education, powered by Loscalzo Institute. He is the Founder and President of Manfre CPA P.C., A Professional Corporation, located in Armonk, New York. While the services his firm offers to individuals and businesses are diverse, their specialization focuses on servicing the needs of multi- and single-employer employee benefit plans and labor unions. Joe is licensed in the State of New York and has been servicing the needs of single-employer and multi-employer benefit plans for most of his 40-year career in accounting. He previously was the chairman of the NYSSCPAS Employee Benefits Committee and has been a speaker on audits of employee benefit plans at their annual conference. Joe is also referred to by the NYSSCPA hotline for audit and tax related questions on employee benefit plans.

Joe’s experience and contacts in the employee benefits and labor industries prove invaluable to Benefit Funds Trustees and Management and Labor Executives, as well as to CPA firms with employee benefit plan audit and tax practices. His business and personal tax experience is also invaluable to individuals and business owners alike. Joe is a member in good standing of the AICPA, NYSSCPA, and the International Foundation of Employee Benefit Plans. He earned his BBA degree in accounting from Bernard Baruch College