CPE Self-Study

Engagement Essentials: Review of Financial Statements

  • $99.00-$129.00
    Engagement Essentials: Review of Financial Statements In Stock Product #: 733549
    AICPA Member: $99.00
    Non-Member: $129.00

This CPE course covers the engagement essentials under Statements on Standards for Accounting and Review Services (SSARSs). You’ll walk through a traditional review engagement, and explore inquiry and analytical procedures along with reporting requirements for these engagements.

This course is fully updated to incorporate the changes from the recently issued SSARSs No. 21, Statements on Standards for Accounting and Review Services: Clarification and Recodification.

Topics Discussed:

  • Review engagement essentials
  • Review performance standards
  • Inquiry and analytical procedures
  • Accountant’s Review Report
  • Common modifications to the accountant’s review report
  • Latest developments

Learning Objectives:

When you complete this course, you will be able to:

  • Identify the performance standards required to perform a review of financial statements in accordance with SSARS No. 21
  • Determine the appropriate reporting requirements for reporting on a review engagement
  • Recognize the documentation requirements associated with reviews of financial statements

Who Will Benefit?

  • CPA firm attest staff, including paraprofessionals, who perform review engagements

Prerequisite: None

Advanced Preparation:None

This course content is also included in the staff training program, Preparation, Compilation, and Review Staff Essentials. This innovative CPE training program has been designed to provide a convenient, accessible way to get comprehensive training in this broad and changing area of practice. Learn More

About the Authors

Hugh Parker, Ph.D., CPA

Kimberly Burke, Ph.D.

About the Publisher


About the AICPA The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.