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Course/Product Description
Title:

SSARS 21: Practical And Professional Liability Considerations

SKU:WC-1016934
Date / Time: Recorded
Format: Webinar
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Description:

SSARS 21: Practical And Professional Liability Considerations

Learn about the most recent SSARS 21 pronouncement, enhanced with a professional liability perspective.

This training session covers the new standard and the pros and cons of this dramatic change in financial reporting, as well as its potential effect on professional liability claims.

These two perspectives will expand your focus and knowledge on implementing SSARS 21 services in your practices.


AGENDA

Organization of SSARS 21
  • Section 60 - General Principles for Engagements Performed in Accordance With Statements on Standards for Accounting and Review Services
  • Section 70 - Preparation of Financial Statements (a New and Very Different Service)
  • Section 80 - Compilation Engagements
  • Section 90 - Review of Financial Statements
Objectives and Requirements of Each SectionImplementation Strategy
Claims Size Frequency and Severity Regarding Compilation Services
    Historical Claims in Compilation Services
    • Failure to Detect Fraud
    • Disclosures
    • Substantially All Disclosures Omitted
    • Use and Distribution
    • SSARS 1
    OCBOA
      SSARS 8
        Engagement Letter Strategies
        • Fraud Disclaimer
        • Restrictions on Use
        • Venue
        • Limitation on Liability
        • ADR
        SSARS 21
        • Will It Help Reducing Claims?
        • Will It Cause an Increase in Claims?
        • Best Practices
        About The Presenters

        John Raspante, CPA, MST, CDFA
        • Senior vice president director of risk management
        • Former director of compliance and risk management as well as the director of education for Graf Repetti and Co. LLP, Certified Public Accountants and Business Advisors
        • Worked almost a decade for CAMICO Mutual Insurance Company
        • Serves on NYSSCPA’s Compilation and Review Committee, NJSCPA’s Compilation and Review Committee, NJSCPA’s Editorial Board and the Accounting and Auditing interest group as well as the National Conference of CPA’s Ethics Committee
        • Frequent writer and speaker within the accounting profession on issues relating to risk management
        Robert I. Schindler, CPA
        • Partner in charge of the accounting and audit practice of Cavalcante & Company, LLC
        • Certified Public Accountant - New York
        • Certified in Financial Forensics
        • Chartered Global Management Accountant
        • Admitted as an audit partner at the age of 32 in a CPA firm that became one of the largest single office CPA firms in New York City
        • Audit partner in a multioffice regional CPA firm; member of its Accounting and Auditing Standards Committee, responsibilities included establishing the firm’s policies and procedures for its assurance practice
        • Co-wrote the firm’s Financial Statement Preparation Guide and its Accounting and Auditing Manual
        • Chairman of the firm’s Continuing Professional Education (CPE) Committee, Committee responsibilities included establishing the firm’s internal CPE programs that meet the various AICPA, State Society and PCAOB requirements


        Cannot Attend The Live Presentation?

        This presentation is also available in a recorded format, in CD version, as shown in the pricing options below.

        About Webcasts / Audio Conferences / Podcasts:

        Webcasts, audio conferences, and podcasts are presentations that you attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.

        The live versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back at work immediately after the session ends!

        And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous times and to share it with others in your office.

        Handout materials and the phone number for live presentations are made available to you prior to the event via email from the presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.

        About The Provider: Lorman Education Services has provided educational seminars and online training for professionals since 1987.

        Since then, we've kept thousands of professionals in the United States and internationally current on the most pressing topics in a rapidly changing marketplace of ideas. Like you, we understand the need for concise, accurate information.

        That understanding underlies each Lorman course, presenting the latest information on the laws and regulations critical to your organization's successful daily operations.

        Moreover, each course receives our painstaking attention to be certain both the faculty and participants receive the individual attention necessary to achieve maximum benefit from the materials.
        More Info: Contact Us For More Information
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