After attending this presentation you will be able to…

• Determine the appropriateness of the financial reporting framework
• Complete proper documentation to support adequate consideration of written communication with management relating to engagement letters and non-attest services
• Identify the impacts on financial statement presentation and disclosures
• Determine and recognize the COVID-19 risk areas including account receivable and collectability, ASC 606, insurance recoveries, valuation, change in accounting estimates, debt, lease modifications, income taxes, going concern, subsequent events, etc.
• Apply effective analytical review procedures
• Identify performance requirements on review, compilation and preparation engagements
• Identify reporting issues on review and compilation engagements.

The major topics that will be covered in this class include:

• Issues and disruptions from the impact of COVID-19 such as financial reporting framework, documentation and understanding of an engagement, non-attest services, performance requirements on review engagements, compilation and preparation engagements and reporting issues
• Common findings identified in connection with Peer Reviews on SSARS engagements

None