Troubled Engagement.
- Resource Type
- Article
- Authors
- POWELL, JESSIE
- Source
- California CPA. Oct2012, Vol. 80 Issue 4, p18-19. 2p.
- Subject
- *PROFESSIONAL peer review
*ACCOUNTING standards
*AUDITING standards
*EMPLOYEE reviews
*STANDARDS
- Language
- ISSN
- 1530-4035
The article focuses on the issues found in engagement peer reviews as these peer reviews are the most affected by the Standards for Accounting and Review Services No. 19 (SSARS 19). It states that understanding requirements of SSARS 19 and the impact of other standards that firms are subject to when performing compilation and review engagements is the key to a successful peer review. The applicable standards and fundamental elements in the communication with management are discussed.