Guide and Update to Compilations, Review and Preparations
4.00 Credits
Member Price $150.00
Price will increase by $25 after 10/14
Non-Member Price $200.00
Price will increase by $25 after 10/14
Overview
MISSOULA CLUSTER CLASS
Specifically designed for preparation, compilation and review practitioners, this course will provide you with a comprehensive review and hands-on application for performing financial statement preparation, compilation and review engagements. You will learn the ins and outs of applying SSARS No 21. Clarification and Recodification, as well as the additional guidance related to SSARS engagements through the issuance of SSARS Nos. 22-25 by th ARSC. The course will also review recent peer review feedback on SSARS engagements, providing insights on how to successfully apply this guidance.
Not only will this course bring you up to date on SSARSs requirements and guidance, but more importantly, it will provide you with practical examples and illustrations to help you effectively and efficiently perform compilation, preparation and review engagements.
This course also has a VIRTUAL option. Please see 'MTCPA Webcasts' tab on the CPE page.
HOTEL
MTCPA has a room block at the DoubleTree by Hilton Missoula-Edgewater on 11/2-3/2025-. Please reference "Montana Society of CPAs Cluster Classes" when calling to book. 406-728-3100. Standard Room: $169 + tax. Rate available until 10/12/2025.
Highlights
- SSARS No. 21, Clarification and Recodification, and updates to SSARS No. 21 due to the issuance of SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services
- SSARS No. 22, Compilation of Pro Forma Financial Information
- SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services - 2018
- SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions
- Sample comprehensive engagement work programs for preparation, compilation and review engagements
Prerequisites
Experience in performing and managing compilation, preparation and review engagements
Designed For
Accounting practitioners and their staff performing and managing compilation, preparation and review engagement services.
Objectives
After completing this course you will be able to . . .
- Understand and apply SSARS No. 21, Clarification and Recodification
- Be familiar with changes related to the issuance of SSARS Nos. 22-25
- Be familiar with preparation, compilation and review program examples
- Be aware of the most recent reports and other required communications
Preparation
None
Leader(s):
Leader Bios
Thomas Sheets, Thomas M Sheets PC
Thomas M. Sheets, CPA Individual Practitioner/Enid, Oklahoma Tom Sheets is a Certified Public Accountant with over 34 years experience in auditing, accounting and tax return preparation for businesses and individuals. He provides consulting, accounting and tax services for a wide variety of individual clients and industries including banks, construction contractors, and non-profit organizations. Mr. Sheets was with a Big Eight accounting firm for 2 years; a large, local CPA firm in Enid, Oklahoma for 15 years before establishing his own consulting, tax and accounting practice eighteen years ago. Mr. Sheets has written seminars on bank auditing, audits of construction contractors and information systems control and auditing. He has lead seminars on various accounting, auditing and tax topics including compilation and review, real estate accounting, construction contractors, bank auditing, and tax issues for nonprofit organizations.
Non-Member Price $200.00
Member Price $150.00