Preparing Financial Statements for Clients
Description
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.
Highlights
- Misstatements

- Materiality

- Related parties

- Going concern uncertainties

- Client acceptance and continuation

- Engagement letters

- Prospective financial statements

- Documentation
Objectives
- 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. |
$159.00 |
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Non-Member Fee
Applicable if you are not a HSCPA member. |
$209.00 |
Your Price | $209.00 |