Recurring Deficiencies in Compilations and Reviews and How to Avoid Them - SSARS Procedures, Reports and Accounting Matters
Instructor:
Christy Foister
Product ID: 704538
- Duration: 60 Min
Why Should You Attend:
For any of us who perform attestation functions, peer review is part of our world. The peer review process is a requirement for us to maintain the highest level of compliance with our professional guidance.
Participant will be learning about the most common mistakes made during compilation and review engagements, because for every mistake (deficiency) noted in a peer review, time must be spend in remediation and possibly even new education or worse penalties.
This webinar will help you perfect peer reviews resulting in a more profitable practice. Instructor will cover the listed below critical steps.
- Identify common deficiencies in compilation engagements
- Identify common deficiencies in review engagements
- Avoid common mistakes in compilation and review engagements
Areas Covered in the Webinar:
- Overview of peer review
- Examples of minor engagement deficiencies
- Examples of major engagement deficiencies
- Identifying matters, findings and deficiencies
- Recurring deficiencies – SSARS procedures
- Recurring deficiencies – reports
- Recurring deficiencies – accounting matters
- How to avoid common mistakes
Who Will Benefit:
- Accountants
- Finance Attorney
- Auditors
- Internal Control Professionals
- Compliance Managers and Officers
- Risk Managers and Officers
Christy Foister
Senior Accountant, BankSouth
Christy Foister is the Senior Accountant at a billion-dollar bank, where she specialized in the Quarterly Call Report, Financial Statements and Consolidations of multiple companies. Through the first part of her career, she worked in public accounting preparing taxes for individuals, small business, and corporations. During those six years, she also performed internal audits for banks. Although most of her career has been in banking, she has maintained client relationships with her tax clients and has multiple clients that she performs bookkeeping and taxes services for on an annual basis. She owes her knowledge of Accounting to Florida State University College of Business where she received a double major in Accounting and Real Estate.
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