Use Landscape to see Search/Filter
Item Types:
Field of Study:
CPE Hours:
Course Details

An Overview of Statements on Standards for Accounting and Review Services (SSARS) No. 21 (Course Id 816)

QAS / Registry   Add to Cart 
Author : Kelen Camehl, CPA, MBA
Status : Production
CPE Credits : 1.5
IRS Credits : 0
Price : $13.45
Passing Score : 70%
Course Type: NASBA QAS - Text - Technical - NASBA Registry
Primary Subject-Field Of Study:

Accounting - Accounting for Course Id 816

Description :

While the user of this course will develop a strong foundation for the key principles and requirements of SSARS No. 21, the user should read the full text of the standard available at the AICPA store at www.cpa2biz.com.

Usage Rank : 0
Release : 2015
Version : 1.0
Prerequisites : None
Experience Level : Overview
Additional Contents : Complete, no additional material needed
Additional Links :
Advance Preparation : None
Delivery Method : Self-Study
Intended Participants : Anyone needing Continuing Professional Education (CPE)
Revision Date : 20-Dec-2019
NASBA Course Declaration : Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.
Approved Audience :

NASBA QAS - Text - Technical - NASBA Registry - 816

Keywords : Accounting, Overview, Statements, Standards, Accounting, Review, Services, SSARS, No., 21, cpe, cpa, online course
Learning Objectives :

Course Learning Objectives

At the conclusion of this course, the user should be able to do the following:
    • Identify the effective date of SSARS No. 21.
    • Identify specific reporting requirements with respect to preparation engagements.
    • Identify reporting requirements regarding compilation engagements.
    • Recognize the reporting requirements when an accountant modifies the standard review report.
    • Recognize the appropriate period of time an accountant should consider the going concern of an entity.
    • Recognize the specific assertions that should be included in an entity’s management representation letter.
    • Identify specific components required to be included in an accountant’s review report.
Course Contents :

Chapter 1 - An Overview of Statements on Standards for Accounting and Review Services (SSARS) No. 21

Course Objectives


SSARS No. 21 Overview

Section 60 – General Principles

Financial Statements

Ethical Requirements

Professional Judgment

Conduct of the Engagement in Accordance With SSARS

Engagement Level Quality Control

Acceptance and Continuance of Client Relationships and Engagements

Review Question #1


Section 70 – Preparation of Financial Statements

The Preparation Engagement

Engagement Letter

Preparing the Financial Statements


Review Question #2


Section 80 – Compilation Engagements


Acceptance and Continuance

Engagement Letter

The Entity’s Financial Reporting Framework

Compilation Procedures

The Accountant’s Compilation Report

Reporting on Supplementary Information


Review Question #3


Section 90 – Review of Financial Statements


Acceptance and Continuance

Engagement Letter

Understanding of the Industry and Entity

Analytical Procedures

Inquiries of Management

Evaluation of the Evidence from Procedures Performed

Management Representations

The Accountant’s Review Report

Emphasis-of-Matter and Other-Matter Paragraphs

Departures from the Financial Reporting Framework

Restrictions on the Accountant’s Report

Entity’s Ability to Continue as a Going Concern

Subsequent Events

Supplementary Information

Change from an Audit to Review

Review Documentation

Review Question #4

Review Question #5


Glossary of Key Terms

Accounting Course 816 Home: https://www.cpethink.com/accounting-cpa-courses
Thank you for taking one of our free courses. We would like to be able to let you know when we add free courses or have special offers and will never spam you or share your address with anyone. If you are Ok with that please reply with "Ok" or if not please reply "No Thanks". Either way enjoy your free CPE course.
Exam completed on .

Do you want to add the course again?