This lesson provides an overview of the three engagement types: preparation, compilation, and review engagements. Nick Palazzolo, CPA, discusses the key aspects practitioners need to know about each engagement type, including the requirements, independence, end product, management's responsibilities, and the responsibilities of the individual preparing, compiling, or reviewing the financial information. The lesson delves into these topics as it progresses and introduces the learning objectives to ensure a comprehensive understanding of these important engagement types.
Lesson: Preparation, Compilation, & Review Engagements & Reports Overview
Instructor: Nick Palazzolo
This lesson provides an overview of the three engagement types: preparation, compilation, and review engagements. Nick Palazzolo, CPA, discusses the key aspects practitioners need to know about each engagement type, including the requirements, independence, end product, management's responsibilities, and the responsibilities of the individual preparing, compiling, or reviewing the financial information. The lesson delves into these topics as it progresses and introduces the learning objectives to ensure a comprehensive understanding of these important engagement types.
Updated: June 22, 2023 Create an account
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Types of Engagements & Reports
Module:
6 Concepts,
76 Lessons
The Audit Process
11:18
Audit Committee
3:43
Reporting Findings
1:03
Single Audits
5:44
Governmental Audits
3:51
GAAS vs. GAGAS
9:23
Service Auditors
1:43
Review Engagements
11:18
Interim Reviews
14:12
Compilation Engagements
12:42
