New Calendar View!
Content Provider
Tonyabrummettcpa logo

Brolin mineraltree middle
Self-Study CPE
COMPILATION, REVIEW, AND PREPARATION STANDARDS
View Details/Register
REVIEW STANDARDS AND INDEPENDENCE
View Details/Register
GAAP UPDATE FOR NON-PROFITS
View Details/Register
IN-KIND DONATIONS: ACCOUNTING AND RECOGNITION FOR NON-PROFIT ORGANIZATIONS
View Details/Register
BEST ACCOUNTS PAYABLE PRACTICES FOR INVOICE HANDLING
View Details/Register
GETTING PAID FASTER
View Details/Register
Ssars2

SSARS 21 AND THE PREPARATION OF FINANCIAL STATEMENTS

Cost Free   CPE Credits 1.0 hour   Subject Area Accounting  Course Level Basic  Instructional Method Group Internet Based  Prerequisites None  Advanced Preparation None  Who should attend? CPA - small firm
CPA - medium firm
Other 
Course Description

This course focuses on the aspects of SSARS 21 which are relevant for the new preparation service.

In October 2014 the Accounting and Review Services Committee of the AICPA issued Statement on Standards for Accounting and Review Services 21 (SSARS 21). This new standard becomes effective for periods ending on or after 12.15.15, with early implementation being an option. SSARS 21 creates a new level of service for CPAs with regards to financial statements. CPAs can now prepare financial statements without a need to evaluate independence, and without reporting. These financial statements can be used by those external to the organization. SSARS 21 also does away with management use only financial statements.

This webinar will help you understand what you need to know about the new preparation service under SSARS 21.

Learning Objectives

  • Identify general principles applicable to all services performed under SSARS 21

  • Identify specific principles applicable to the new preparation service (Section 70).

  • Determine how this standard and technological advancements have resulted in opportunities in marketplace for CPAs.

Linkedin
Tonyabrummettcpa logo

Tonya Brummett is a certified public accountant, licensed in the state of Georgia and a member of the American Institute of CPAs, as well as the Georgia Society of CPAs, and a QuickBooks ProAdvisor. She has over twelve years’ experience, in both public accounting and private industry with clients primarily in the contracting, manufacturing, retail, restaurant, medical and technology industries.

Handout Materials
Presentation Slides
Additional Materials
Code of Professional Conduct
Preparation Engagement Letter Draft: Example
SSARS 21 FAQ
SSARS 21 Resources via the AICPA (most for purchase, some free)
Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.

Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Tonyabrummettcpa logo
Tonya Brummett is a certified public accountant, licensed in the state of Georgia and a member of the American Institute of CPAs, as well as the Georgia Society of CPAs, and a QuickBooks ProAdvisor. She has over twelve years’ experience, in both public accounting and private industry with clients primarily in the contracting, manufacturing, retail, restaurant, medical and technology industries. Prior to establishing Tonya Brummett, CPA, Tonya worked with Bennett Thrasher, LLP, an Atlanta based full service accounting firm. Tonya joined Bennett Thrasher in 2007. While there she was a manager within the Client Accounting Services department. Duties included managing financial reporting engagements as well as reviewing those engagements to ascertain that Firm and professional standards were met and occasionally assisted with audit engagements. Additionally, Tonya was involved in the training and development of staff.