SSARS Requirements
This CLA binder requirement satisfies SSARS' requirement to document understanding of the client.
What is the 0400.00 Client Information Form?
A second review is required for each financial statement issued with this frequency.
What is annually?
1. APG for compilations is not completed for a preparation engagement.
2. Stand-alone forecast APG is not included in a binder that includes a budget vs. actual deliverable.
3. APG was last compared to master in 2014.
What is #3
He presented the "Common Errors in Binders and How to Correct" training in the Learning Portal.
Who is Don Frank?
Open enrollment ends on this date
What is November 17?
Compilations and this service are basically the same service requiring the same amount of work.
What is preparation?
Keeping draft versions of financial statements in the binder after final issuance is not advised for either of these reasons.
What is "may contain wording that contradicts final reporting" and "may cause confusion whether comments are resolved"?
1. EACF was not completed for a new client that started direct deposit payroll with CLA.
2. EACF was not completed for a client converting from a preparation to a compilation.
3. EACF was not completed for a continuing client with annual financials.
What is #1?
He is the Managing Director of Quality - Outsourcing.
Who is Mark Reeves?
This branch of outsourcing is the go-to resource for full-time, interim solutions.
What is CAST (Consulting and Accounting Solutions Team)?
SSARS is an acronym for this.
What is Statements on Standards for Accounting and Review Services?
Starting in 2020, this required form has been incorporated into the BizOps Client Onboarding Form.
What is the 0400.00 Client Information Form?
1. Nonattest services tab is not completed in a preparation binder.
2. The client information form in the current year binder has not been modified from the prior year.
3. Related party information is included in the client information form.
What is #2?
This BizOps team member is CLA's 2021 Unsung Hero
Who is Chloe Thornton?
This should be checked daily on the homepage of myCLA for potential issues.
What are the Conflicts of Interest and Independence Notices?
A copy of each one of these deliverables should be saved in the Pfx binder
What is the financial statement?
A client entering into a material business combination triggers the need for this form to be completed in the binder.
What is the 0230.00 Consultation Form?
This is the name of the error.
What is Spot?
This group is known as the BQT.
What is the BizOps Quality Team?
Required learning actions will be completed in these two months.
What are June and November?
This SSARS standard deals with forward looking information.
What is SSARS 23?
This page on myCLA includes a link to BizOps Leadership and Authorized Signers.
What is the Business Operations Practice Management page?
1. No detail reviewer sign-off on the supporting workpaper in the binder.
2. No reviewer sign-off in the reviewer column of the FC&R monthly close tab.
3. No engagement leader sign-off on the second reviewer release authorization.
What is #2?
The Managing Principal of BizOps is located in this CLA office.
What is Spokane, Washington?
This is the correct pronunciation of your host's last name.
What is Wooster (would also accept Wustah for any Northeast family members)?