First-year audit staff can learn the elements, performance requirements, and documentation expectations for various engagements. Engagement basics explained You can learn the elements, performance requirements, and documentation expectations for engagements, such as: - Preparation engagements - Compilation engagements - Review engagements Although these procedures are not audits, they involve similar concepts at a lesser level of assurance. Who Will Benefit - Recently onboarded staff - First-year staff - Firms that want consistent training and level setting Topics - Definitions and elements - Performance requirements - Considerations for changes in a level of service - Required documentation Learning Outcomes - Identify the detailed definitions and required elements of engagements to prepare financial statements or perform a compilation or review of financial statements. - Recall the performance standards for an engagement to prepare financial statements or perform a compilation or review of financial statements. - Recognize the minimum documentation requirements for an engagement to prepare financial statements or perform a compilation or review of financial statements.
Learning Objectives
Basic