Preparation, Compilations and Reviews’A Practical Workshop

Overview

ChatGPT and AI can enrich your accounting practice if you use it the right way. If you don’t, disaster lurks. How can you make this technology work for you instead of against you? This timely, entertaining, and results-focused course will show you how five powerful principles: the principles of ethical intelligence help you make the most of ChatGPT and AI. You will get tested strategies you can implement immediately and successfully. This course offers NASBA-approved non-technical (behavioral) ethics credit and counts toward your 80-hour CPE requirement; however, it does not satisfy the California Board of Accountancy’s four-hour technical (regulatory) ethics requirement.

Highlights

• Quality Management Standards & Risk-Based Approach
• Ethics, Independence, and NOCLAR Guidance
• Engagement Letters & Client Acceptance Practices
• Preparation, Compilation, and Review Engagements
• Special Purpose Frameworks & Tax Basis
• Documentation Standards & Peer Review Readiness
• Emerging Trends, Risks, and Professional Development

Objectives

• Explain the difference between preparation, compilation, and review usage, and know when to use each service effectively.
• Develop and employ checklists for preparations, compilations, and reviews, incorporating materiality rules and SSARS guidelines.
• Discuss practical ideas to implement changes, including the transition from SQCS to SQMS, and identify keys to profitable engagements.

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.