CE/CPE Course Information

Compilation of Financial Statements -- Clarified Standards

CPE Credits: 4
Subject Area: Accounting and Auditing
Field of Study: Accounting
Program Level: Overview
Lesson Version: 17-1
Publication/Revision Date: October 10, 2017
Prerequisites/Advanced Preparation: None
Written By: William A. Hillison, Ph.D., CPA, CMA

    After completing this course, you will be able to
  • Answer questions about the nature of a compilation and how it differs from preparation, review, or an audit of financial statements
  • Apply the general principles for compilation engagements
  • Identify and perform the necessary compilation procedures
  • Answer questions about the reporting obligations for a compilation engagement
Course Topics
  1. Overview
  2. General Principles for SSARSs Engagements (AR-C 60)
  3. Performing a Compilation (AR-C 80)
  4. Reporting on the Financial Statements (AR-C 80)

This self-study course consists of an Audiovisual presentation, a 20-question True/False Introductory quiz, a Knowledge Transfer Outline with multiple-choice questions for study and review, and a Qualified Assessment of 20 questions.

This course is designed for your convenience. You may log out at any time during the course; your current position and all work will be saved. The next time you log in, you can resume right where you logged off.

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