Not Documented, Not Done (NDOC)

Описание: Overview:

The title of this course is the new mantra for the AICPA. With accountants increasingly being sued for deficiencies perceived by clients and attorneys in various engagements, the AICPA has increased its focus on documentation in the accounting and auditing arena. In addition, peer review has revealed a consistent lack of proper documentation. We will discuss the requirements for a variety of engagements as well as tips for better documentation. You will not only learn the basic requirements, but also the proper theory for exceptional documentation. As always, Jeff will bring his truly unique presentation style and include a few of his signature video parodies, which are designed to keep you awake and reinforce the material.

Major Topics:

Purpose of documentation
Audit documentation
Preparation documentation
Compilation documentation
Review documentation
Other engagement type documentation
Learning Objectives
Identify the documentation requirements for: Audits; Reviews; Compilations; Preparations; Examinations under the SSAEs; Reviews under the SSAEs; Agreed Upon Procedures engagements under the SSAEs
Recall the standards for those engagements
Implement a variety of “best practices” to documentation

Designed for:
Accountants who perform attestation engagements

PREREQUISITE:
None

ADVANCED PREPARATION:
None