Preparing Financial Statements for Clients Webcast | 4203297D

Date :
December 3, 2020 12:30 PM - 4:00 PM
Location :
Virtual Learning+
Facility :
Webcast Rebroadcast
Level of Difficulty :
Member Price :
Nonmember Price :
CPE Credits :
CPE 4.00, AA 4.00
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A review of standards for preparation services, the risks faced by accountants, and strategies to minimize risks. Guidance in professional judgments to provide these services.

Taken with Small-Business Financial Statements (FRF), also 4 units, attendees will meet the 8-unit accounting CPE requirement for accountants who prepare financial statements, but perform no audits, reviews or compilations.


The goal of this course is to ensure that you have a current knowledge and understanding of the AICPA’s professional standards for preparations of financial statements, and are able to apply them to reduce the risk of material misstatements whether caused by fraud or error.

Major Subjects:

  • Misstatements
  • Materiality
  • Related parties
  • Going concern uncertainties
  • Client acceptance and continuation
  • Engagement letters
  • Prospective financial statements
  • Documentation

Advanced Prep:


Misc. Information:

Level of Difficulty:
Field of Interest:


Designed For:

Accountants and financial professionals.


Richard Alan Ferdinand, CPA
Rich Ferdinand specializes in providing financial and general management services to the small and medium sized business market (SMBs). Mr. Ferdinand has served as Chief Financial Officer ranging from full time, interim or on a consulting basis for companies in various industries that are either early stage or mature, as well as requiring turnaround assistance. He is a past recipient of the Outstanding Instructor Award from the AICPA and a recipient of the Education Foundation's Award for Instructor Excellence and the Meritorious Service Award. He has previously taught part time at UCLA in the undergraduate and graduate business programs. Mr. Ferdinand is a licensed CPA in California and was formerly with Deloitte & Touche in Los Angeles. A native of NJ, Mr. Ferdinand graduated from Colgate University and received his MBA from the University of Chicago. He currently resides in New Hampshire with his wife and two daughters.


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