Preparation of Financial Statements & Compilation Engagements, by Charles Hall
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Preparation of Financial Statements & Compilation Engagements, by Charles Hall
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Are you looking for the lowdown on SSARS 21 and issuing financial statements efficiently? Here are answers to your questions about the new preparation of financial statements and compilation engagement standards. The book includes sample SSARS 21 financial statements using the preparation and compilation options. Also, sample engagement letters are provided. Get up to speed with this quick-reference guide designed for CPAs in small- to medium-sized firms.
Preparation of Financial Statements & Compilation Engagements, by Charles Hall- Amazon Sales Rank: #79433 in Books
- Published on: 2015-10-02
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .33" w x 6.00" l, .45 pounds
- Binding: Paperback
- 146 pages
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Most helpful customer reviews
7 of 7 people found the following review helpful. Summary of changes to compilations and preparation engagements By James Ulvog If you perform a few compilation engagements a year and have not started paying attention to the complete rewrite of comp and review rules that apply on December 31, 2015, this is the book for you.Charles Hall has written a relatively short book describing a new service called 'preparation' and the changes for compilations from SSARS 21.His writing style avoids the hypertechnical phrasing that is required for the accounting literature. Instead he has a relaxed style that is easy reading while still explaining the material well.He posts frequent articles at his blog, CPA-Scribo. There he covers a range of accounting issues.The book has several sample engagement letters you could use as the starting point in developing your own letters. It includes several sample compilation reports and illustrative wording for preparation engagements.If you haven't tuned in to the major changes in SSARS 21, this book is a good tool to help you quickly get up to speed.Since this book does not cover reviews, it is perfect for the large number of CPAs who provide compilations only for their tax and writeup clients. The new preparation service will be especially helpful for those firms.Full disclosure: I received a complimentary advance copy of the book for review.
4 of 4 people found the following review helpful. We have Questions about the new preparation and compilation of ... By Armando Balbin, CPA, CGMA We have Questions about the new preparation and compilation of financial statements standards, SSARS 21. Charles has the Answers. This book is the Guide we were looking for. Thank you, Charles
3 of 3 people found the following review helpful. This book has both 'preparation' and 'compiled' in ENGLISH with good examples. This book will guide you where others ... By Paige Sauvetterre If you're an accountant dealing with SSARS 21 in 2016, BUY THIS BOOK. I've spent hundreds of dollars on other sources that are too complicated to deal with and they really don't clearly explain the 'preparation' portion as much as the compiled/reviewed updates. This book has both 'preparation' and 'compiled' in ENGLISH with good examples. This book will guide you where others just bury you.
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