Compilations, Reviews and Audits: How They Differ

Overview

Description:
This session provides an overview of compilation, review, and audit engagements. We will explore major considerations regarding each type of engagement in addition to contrasting and comparing these three major professional services provided by certified public accountants.

Learning Objectives:

After attending the presentation you will be able to...

• Compare and contrast the three major types of engagement services
• Comprehend procedures that are typically accomplished for each type of engagement
• Identify documentation requirements and best practices

Program Content:

The major topics that will be covered in this class include:

• Review of differences of compilation, review and audit engagements
• Compare and contrast major considerations of each type of engagement
• Provide practical tips and strategies
• Professional standards that govern each type of engagement

Who should attend: CPAs in public practice.

Developed By: Chris Harper, CPA

Instructor: Chris Harper, CPA

CPE Credit: 1.0

Field of Study: Auditing (1 CPE)

Prerequisites: A high level of proficiency with Microsoft Excel.

Advanced Preparation: None

Format: QAS Self Study

Highlights

• Review of differences of compilation, review and audit engagements
• Compare and contrast major considerations of each type of engagement
• Provide practical tips and strategies
• Professional standards that govern each type of engagement

Prerequisites

None

Designed For

CPAs in public practice.

Objectives

• Compare and contrast the three major types of engagement services
• Comprehend procedures that are typically accomplished for each type of engagement
• Identify documentation requirements and best practices

Preparation

None