Advanced Concepts in SSARS and Nonattest Services - Are You Certain You Are in Compliance?
181 | Course | Advanced | Scheduled
A Live Stream version of this event is available here.
Practitioners that provide non-audit services must strike the right balance between complying with relevant professional and regulatory standards, providing value-added client service, and mitigating litigation and other practice management risks. This course contains many case studies to reinforce best practices for managing the accounting, reporting and performance issues associated with the attest services of compilations and reviews where reports are issued, as well as the SSARS preparation of financial statements service and other nonattest engagements.
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Anyone who performs or supervises non-audit engagements
Experience with performing non-audit services
- Navigating the impact of SSARS No. 21-24 without risking noncompliance with professional and ethical requirements
- Preventing malpractice claims related to nonattest accounting services
- Identifying and safeguarding independence threats when issuing attest reports
- Establishing an understanding with the client regarding non-audit services
- Defining the varying levels of responsibility for accountants performing non-audit services
- Performing compilations and reviews effectively and efficiently, including nature and extent of documentation considerations
- Practice performing analytical review procedures appropriately, including developing proper advance expectations for review engagements
- Properly considering going concern, subsequent events and other disclosure matters
- Common issues related to peer reviews, including recurring reporting problems
- Applying financial analysis best practices to help your clients better interpret their financial results
- Describe practice management risks associated with non-audit services
- Properly apply relevant professional standards and regulations for non-audit services to minimize litigation and peer review risk
- Leverage information obtained on engagements to enhance the quality of client service
- Be familiar with the numerous illustrations, examples and exercises related to practical guidance to implement important key learning points
- Member (Early Bird)
- Non-Member (Early Bird)
James K. Myers, CPA, CGMA
Jim Myers is a CPA with over 40 years' experience working in CPA firms (Big 8 to small firms), as a CPA firm partner for 15 years, CPA firm chief administrative officer, as a corporate controller, senior vice president and Accounting Department Director for a bank, financial director for a non-profit organization, and bank internal auditor.
Myers is a member of the AICPA, the Tennessee Society of CPAs (TSCPA) and several other local and regional organizations. He has served as Vice-Chairman, Secretary, Treasurer, and at-large director of TSCPA, a member of TSCPA Council and as Chairman of the Professional Ethics and the Technology committees. He has been a speaker for continuing education courses for the AICPA, the TSCPA, in-house CPE presentations, the Georgia Society of CPAs, the North Carolina Association of CPAs, the Alabama Society of CPAs, the Colorado Society of CPAs, and the Tennessee Association of Public Accountants. He co-authored the TSCPA ethics training course for Tennessee CPAs.
Myers is a graduate of Carson-Newman College (served on the Alumni Board and on the Business Department Advisory Board) and is the Chairman of Teen Center of Knoxville, Inc.Back to Instructors