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 accounting and auditing CPE 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 non-attest engagements.
Learning Objectives
Upon completion of this course, participants will be able to:
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
Major Topics
Management Risks
Non-audit services
Engagements
Peer Review Risk
