Guide: Preparation, Compilation, and Review Engagements, 2018

Content: Intro
 Guide: Preparation, Compilation, and Review Engagements
 Preface
 About AICPA Guides
 Recognition
 Guidance Considered in This Edition
 References to AICPA Professional Standards
 Applicability of Quality Control Standards
 Defining Professional Responsibilities in AICPA Professional Standards
 AICPA.org Website
 FRF for SMEs\"!Accounting Framework
 Table of Contents
 Chapter 1 Review of Financial Statements
 Introduction
 Applicability
 Consideration of Materiality in a Review Engagement
 Requirements
 General Principles for Performing and Reporting on Review Engagements. Professional Skepticism in a Review EngagementEngagement Level Quality Control in a Review Engagement
 Independence
 Preconditions for Accepting a Review Engagement
 Communications With Predecessor Accountants
 Agreement on Engagement Terms
 Understanding of the Industry
 Knowledge of the Entity
 Designing and Performing Review Procedures
 Analytical Procedures
 Illustrative Analytics
 Inquiries and Other Review Procedures
 Illustrative Inquiries
 Reading the Financial Statements
 Reconciling the Financial Statements to the Underlying Accounting Records. Evaluating Evidence Obtained From the Procedures PerformedWritten Representations
 Communicating to Management and Others Regarding Fraud or Noncompliance With Laws and Regulations
 Reporting on the Financial Statements --
General
 Reporting on Financial Statements Prepared in Accordance With a Special Purpose Framework
 Reporting on Comparative Financial Statements
 Reporting on Known Departures From the Applicable Financial Reporting Framework
 Emphasis-of-Matter and Other-Matter Paragraphs in the Accountant\'s Review Report
 Alert That Restricts the Use of the Accountant\'s Review Report. Reporting on Financial Statements Prepared in Accordance With a Financial Reporting Framework Generally Accepted in Another CountryThe Accountant\'s Consideration of an Entity\'s Ability to Continue as a Going Concern
 Subsequent Events and Subsequently Discovered Facts
 Initial Review Engagements --
Opening Balances
 Reference to the Work of Other Accountants in an Accountant\'s Review Report
 Supplementary Information That Accompanies Reviewed Financial Statements
 Required Supplementary Information
 Change in Engagement From Audit to Review
 Review Documentation. Illustrative Engagement LettersIllustrative Representation Letter
 Illustrative Accountant\'s Review Reports on Financial Statements
 Chapter 2 Compilation of Financial Statements
 Introduction
 Applicability
 Requirements
 General Principles for Performing and Reporting on Compilations of Financial Statements
 Engagement Level Quality Control in a Compilation Engagement
 Independence
 Preconditions for Accepting a Compilation Engagement
 Agreement on Engagement Terms
 Knowledge and Understanding of the Entity\'s Financial Reporting Framework
 Reading the Financial Statements.