Annual Update and Practice Issues for Preparation, Compilation, and ReviewEngagements


An essential reference for training staff and managing your preparation, compilation, and review engagements, this course will enable you to comply with the professional standards surrounding engagements performed in accordance with Statements on Standards for Accounting and Review Services (SSARSs). Through a practice-oriented review, the latest developments and case studies are explored, fostering an engaging and informative discussion among the experienced participants. This practical approach enhances the learning experience, making the course both educational and applicable.


  • Overview of preparation, compilation, and review guidance
  • Accounting and reporting issues
  • Current practice issues
  • Common deficiencies in peer reviews
  • Current and future standard setting projects
  • International reporting issues in SSARS engagements
  • Special Purpose Framework financial statement issues
  • Case studies
  • Latest developments


When you complete this course, you will be able to:

  • Identify the professional standards and risk factors relevant to the planning and performance of preparation, compilation, and review engagements, including engagements on pro forma and prospective financial information.
  • Identify responses to preparation, compilation, and review engagement practice issues that comply with all applicable professional standards.

Designed For

CPA firm seniors (and above) managing engagements performed in accordance with SSARSs


Michael Brand

Known as a nationally acclaimed, accounting industry expert and speaker, Michael (Mike) has been involved in all aspects of public accounting, with an emphasis in providing accounting, auditing and review services to clients in the for-profit, nonprofits and governmental sectors.

He has also been involved in various committees at both the state and national levels. He is currently a member of the American Institute of CPA’s (AICPA) PCPS Technical Issues Committee and is a former member of the AICPA’s Professional Ethics Executive Committee, Peer Review Board, Joint Trial Board, and Quality Control Standards Task Force. Additionally, Mike has served as the past chair of the AICPA’s Accounting and Review Services Committee, the Alabama Society of CPAs (ASCPA) as well as the ASCPA’s Peer Review Committee.

In addition to teaching, Mike regularly speaks at conferences nationwide and in various other countries. He conducts peer reviews across the United States and was formerly on the Peer Review Board, Joint Trial Board, and Quality Control Standards Task Force of the AICPA. He is the current co-chair of the Engage Conference (the AICPA’s largest conference held over multiple days with thousands of attendees).