SSARS 21 – Significant Changes for Financial Statement Preparers
Total Credits: 2 including 2 Accounting - Technical
- Average Rating:
- 19
- Categories:
- Accounting and Auditing | Partner Produced
- Faculty:
- Michael P Glynn
- Course Levels:
- Update
- Duration:
- 2 Hours
- License:
- Product Setting: Expires 40 day(s) after program date.
Tags: MICPA Produced
Description
Statement on Standards for Accounting and Review Services No. 21 represents a significant change in standards for accountants who prepare financial statements for their clients. While there are many questions on the implications of SSARS 21, who better to provide answers to those questions that the AICPA staff liaison to the Accounting and Review Services Committee? Mike Glynn is here to fill you in on the new standards for engagements to prepare financial statements, when the standards apply, how the standards are different from a compilation of financial statements, engagement letter requirements and more!
Basic Course Information
Learning Objectives *Walk away with an understanding of the latest changes to the Statements on Standards for Accounting and Review ServicesMajor Subjects *Discuss SSARS No. 21. *Discuss the changes to practice expected as a result of the issuance of SSARS No. 21 – including significant revisions to the requirements for financial statement preparers. *Understand the reasons for the changes *Understand the current ARSC projects
Course Materials
| Important CPE Credit Information_Read Before Webcast (0.06 MB) | 1 Pages | Available after Purchase |
| SSARS 21 Implementation Strategies - 2015 - handout (0.21 MB) | 38 Pages | Available after Purchase |
Faculty
Michael P Glynn Related Seminars and Products
AICPA
Michael P. (Mike) Glynn is a Senior Technical Manager in the AICPA Audit and Attest Standards Team. In this capacity, Mike serves as the staff liaison to the Accounting and Review Services Committee (ARSC). In addition, Mike supports the activities of Auditing Standards Board (ASB) and its subcommittees by assisting members in drafting and deliberating authoritative professional standards and interpretations.
Prior to joining the Audit and Attest Standards Team, Mike was a technical manager in the AICPA SEC Practice Section (SECPS). In that capacity, Mike supported the Quality Control Inquiry Committee (QCIC) by participating in deliberations of QCIC cases and participating in meetings with the Securities and Exchange Commission regarding the SEC’s oversight of the self-regulatory process. Prior to joining the SECPS, Mike was a technical manager in the AICPA Professional Ethics Division.
Prior to joining the AICPA in April 1998, Mike worked at Ernst & Young LLP in New York. Mike also serves as a member of the New York State Society of CPAs’ Accounting and Review Services Committee. Mike is a graduate of Pace University with a BBA in public accounting.
Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For CPAs that perform compilations, reviews and preparation engagements.
Original Recording Date December 14, 2015
Yellow Book No
Course Developer MICPA
Date Added to Catalog 12/11/15
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Official Registry Statement
Business Professionals' Network, Inc. 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
Instructional Delivery Method Group Internet Based
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