Compilation Engagement CaseWare

Price:
R1359.30 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Compilation Engagements
Lecturer:
Probeta Training
Duration:
390 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


Preparing a set of financial statements is a stressful exercise. There are a lot of factors a compiler must keep in mind:
• Is the trial balance trustworthy?
• What year end adjustments need to be made?
• What disclosures am I missing?

This stress is often made worse when we are not comfortable with using CaseWare as a compilation software package.

Join us for a practical session whereby we turn a trial balance into a set of financial statements using CaseWare Working Papers.

We will discuss who can compile a set of financial statements
We will explain the key elements of the international standards used when performing a compilation engagement
Documents relating to each phase of the audit: planning, execution and completion, will be discussed.
A compilation exercise will be performed by the presenter and attendees, including importing trial balance, mapping, passing journals and editing the annual financial statements.