Preparing Financial Statements for Clients

Course Details


Thursday, January 26, 2023

10:00am – 1:30pm
(Registration: 9:30am)

Field of Study


Course Number


CPE Credit

4.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation




This course offers a review of standards for preparation services, accountants' risks, and strategies to minimize risks. The goal of this course is to ensure that you have current knowledge and understanding of the AICPA's professional standards for the preparation of financial statements and can apply them to reduce the risk of material misstatements, whether caused by fraud or error. It will also cover guidance in professional judgments to provide these services. Taken with the 4-hour course Small-Business Financial Statements (FRF), attendees will meet the 8-hour accounting CPE requirement for accountants who prepare financial statements but perform no audits, reviews or compilations.


  • Misstatements

  • Materiality

  • Related parties

  • Going concern uncertainties

  • Client acceptance and continuation

  • Engagement letters

  • Prospective financial statements

  • Documentation


  • Understand AICPA's professional standards for preparations of financial statements

  • Apply professional standards to reduce the risk of material misstatements, whether caused by fraud or error

Designed For

Accountants and financial professionals.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $209.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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