This course is designed to provide a thorough review of the importance of write-up services for small businesses as well as general topics related to appropriate GAAP financial reporting.

Topics Covered:

· Importance of write-up work

· Managing a write-up practice

· Planning for the engagement

· Establishing and expanding the write-up practice

· Engagement acceptance and continuance

· Preparing and processing of client financial reports and tax returns

· Developing procedures for producing reports and tax returns

· Quality control standards

· Write-up services software

· Appropriate working papers/documentation

● Overview of SSARS

● Explanation of relevant terminology

● Professional requirements

● Authoritative guidance

● Independence issues

● Payroll processing including after-the-fact

● Emphasizing importance of write-up services within the firm

● Year around service and cash flow

● Research materials and equipment needed for the task

● Various other matters

Learning Objectives:

· Provide the tax practitioner with successful write-up practice tips.

· Provide the tax practitioner with an understanding firm requirements of software and hardware needed

· Provide the tax practitioner with the tools for preparation of financial statements and relevant tax returns.

Prerequisites:

· Working knowledge of GAAP

· Basic understanding of basic client financial statements