Self Study: Compilations and Reviews: Risks, Procedures and Fraud 2023

Overview

This course is available until April 30, 2025.

This course provides a review of standards for accounting and review services, with a specific focus on the risks accountants may face when providing these services. It further offers valuable guidance for making informed, professional judgments integral to the delivery of these services.

Highlights

• Fraud
• Misstatements
• Materiality
• Revenue recognition
• Related parties
• Going concern uncertainties
• Engagement letters
• Documentation and peer review considerations

Objectives

• Identify potential problem areas concerning compliance with the standards for compilations and reviews
• Determine ways to apply professional standards to situations commonly encountered in public practice
• Recognize ways to minimize the risk of association with financial statements containing material misstatements whether caused by fraud or error

Notice

Online Self-Study