Compilations & Reviews
I rarely talk about compilations and reviews for more than five minutes for two reasons: (1) almost all my students take jobs with Big 4 firms where they are unlikely to perform these services, and (2) somebody thoroughly educated in auditing should be able to perform a review without much additional training because the procedures for performing a review are a subset of the procedures for performing an audit. There’s not much I can add to the textbook’s coverage of SSARSs.
Articles:
“Changes on Tap for Compilation and Review Standards,” Carolyn McNerney, Charles Landes & Michael Glynn, Journal of Accountancy (May 2010): 32-36. This article describes significant changes mandated by SSARS No. 19 – Compilation and Review Engagements.
“New Fraud Guidance,” J. Russell Madray, Journal of Accountancy (January 2006): 51-56. New SSARS clarifies accountants’ responsibility for fraud and illegal acts during compilation and review engagements.
I rarely talk about compilations and reviews for more than five minutes for two reasons: (1) almost all my students take jobs with Big 4 firms where they are unlikely to perform these services, and (2) somebody thoroughly educated in auditing should be able to perform a review without much additional training because the procedures for performing a review are a subset of the procedures for performing an audit. There’s not much I can add to the textbook’s coverage of SSARSs.
Articles:
“Changes on Tap for Compilation and Review Standards,” Carolyn McNerney, Charles Landes & Michael Glynn, Journal of Accountancy (May 2010): 32-36. This article describes significant changes mandated by SSARS No. 19 – Compilation and Review Engagements.
“New Fraud Guidance,” J. Russell Madray, Journal of Accountancy (January 2006): 51-56. New SSARS clarifies accountants’ responsibility for fraud and illegal acts during compilation and review engagements.
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