ACPEN Signature: 2018 Financial Statement Preparation, Compilation, and Review
Total Credits: 8 including 8 Accounting - Technical
- Average Rating:
- 428
- Categories:
- Accounting and Auditing | ACPEN Signature
- Speakers:
- Laura A. Billingsley, CPA, MS Acc, MEd | Kurt G. Oestriecher, CPA | James A. Smith, CPA, CGMA
- Course Levels:
- Update
- Duration:
- 8 Hours
Description
This course is designed to provide CPAs who perform financial statement preparation, compilation or review engagements with the most current best practices and identify practice pitfalls. In addition, the course will cover the new SSARS No. 24.
SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services—2018, introduces a number of amendments to the review engagements literature and to the general principles for preparation, compilation and review engagements literature.
The course provides valuable, practical advice that will help CPAs perform their SSARS engagements effectively and efficiently while reducing their liability risk and helping ensure that they comply with peer review requirements.
Basic Course Information
Learning Objectives- Explain the requirements of the SSARS
- Review common peer review findings and SSARS application issues
- Share best practices for preparation, compilation and review engagements.
Major Subjects
- Hosting Services and Other Non-attest Services; requirements and practice issues.
- General Principles for SSARS Engagements.
- Preparation of Financial Statements.
- Compilation Engagements.
- Review of Financial Statements-Review Engagement Procedures.
- International Reporting
- ARSC Activities
Course Materials
Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase |
ACPEN_Signature_2018-Financial_Statement_Preparation_Compilation_Review-Manual (8.42 MB) | Available after Purchase |
ACPEN Signature: 2018 Financial Statement Preparation, Compilation, and Review_Q&A (0.01 MB) | Available after Purchase |
Speaker

Laura A. Billingsley, CPA, MS Acc, MEd Related Seminars and Products
Executive Editor
Thomson Reuters
Laura A. Billingsley, CPA, MS Acc, MEd, is an executive editor of PPC products for the Tax & Accounting business of Thomson Reuters in Carrollton, Texas, where she is responsible for the technical content and annual update of several PPC products. She is a coauthor of PPC’s Guide to SSARS Preparation Engagements, PPC’s Guide to PCAOB Audits, PPC’s Guide to Religious Organizations, PPC’s Practice Aids for Audits of Oil and Gas Entities, and PPC’s Guide to Fraud Risk Assessments; and a contributing author to PPC’s Guide to Compilation and Review Engagements, PPC’s Guide to Managing an Accounting Practice, PPC’s Guide to Write-up Services, PPC’s Guide to GAAS, PPC’s Guide to Audits of Financial Institutions, PPC’s Guide to Dealerships, and The PPC Accounting and Auditing Update newsletter. She has been an observer at the AICPA Accounting and Review Services Committee meetings for more than 20 years. Before joining Thomson Reuters, she was a senior audit manager at PricewaterhouseCoopers LLP, where she managed attest, business assurance, and consulting engagements for both small business and public company clients. Ms. Billingsley is a member of the American Institute of Certified Public Accountants.

Kurt G. Oestriecher, CPA Related Seminars and Products
Partner
Oestriecher & Company
Kurt G. Oestriecher, CPA is a partner with Oestriecher & Company CPA’s of Alexandria, Louisiana and has been with the firm since graduating cum laude from the University of Louisiana - Monroe in 1986 with a BBA in Accounting. He is partner in charge of accounting and auditing services and is also involved in litigation support and small business consulting engagements. He is a member of the American Institute of Certified Public Accountants (AICPA) and the Society of Louisiana Certified Public Accountants (LCPA), and he served as President of the LCPA in 2002–2003. He has chaired the Louisiana Accounting and Auditing Conference Committee, Strategic Planning Committee, Budget Committee, and Nominating Committee. Kurt was the recipient of the 1998, 2006, 2010, and 2018 Outstanding Discussion Leader Award from the LCPA, and was named the Outstanding Discussion Leader for the AICPA for eleven consecutive years from 2007 - 2018. He has authored and co-authored many
educational courses on accounting and auditing topics, including the AICPA “Annual Update for Accountants and Auditors”, and “Auditor Communications – Critical New Requirements”. Kurt served a four-year term on the Accounting and Review Services Committee of the AICPA from 2000-2004, and the AICPA Joint Trial Board from 2006- 201. He was a member of Council of the AICPA and was an Adjunct Instructor of Accounting at LSU-Alexandria and Northwestern State University.

James A. Smith, CPA, CGMA Related Seminars and Products
Managing Director
Smith, Jackson, Boyer & Bovard, PLLC
James A. (Jim) Smith, CPA, CGMA, serves as Managing Director of Smith, Jackson, Boyer & Bovard, PLLC, a Dallas Certified Public Accounting firm. He practices extensively in tax compliance, planning and controversy representation for individuals and entrepreneurial businesses. He also is engaged in the preparation, compilation and review of financial statements; exit strategy planning for entrepreneurs; merger and acquisition planning and transactions; and forensic accounting and litigation services.
Mr. Smith served as Chair of the Texas Society of CPAs (TSCPA) for the 2007-2008 year, and as a member of its Professional Standards and Federal Tax Policy Committees since their inception. He served as a member of the AICPA Council 2007 through 2011 and from 2012 through 2015. He also served as an appointed member of two of the AICPA’s key standard setting committees: the Accounting and Review Services Committee from 2008 through 2011 and the Tax Practice Responsibilities Committee, 2014 to 2017.
Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Course Developer Business Professionals' Network, Inc.
Yellow Book No
Original Recording Date 08/29/2018
Date Added to Catalog 01/30/2018
Designed For
Public Practice and Industry
Additional Information
Instructional Delivery Method Group Internet BasedComplaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
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