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Compilation & Review Update: SSARS 21-25 Webcast


July 29
8:00 - 11:30 a.m.

CPE Credits



PICPA Member: $139 | Nonmember: $189

CLE Credit Add-On: $25

 More Information

Course No.
This is a four-credit seminar.


Get an overview of the issues impacting preparation, compilation, and review engagements. Identify what level of service your clients need.


  • The SSARS codification and the responsibility of the CPA
  • SSARS review: Compilation, review, and audit - performance requirements distinguished
  • Bookkeeping, preparation, and accounting services: Differing professional responsibilities
  • Practice issues: Analytics, tailoring, misstatements, and documentation
  • The iterative nature of the review: When to stop
  • Illustrative reports
  • Changes to compilation and review standards involving the SSARS 19 clarity redrafting project
  • The SSARS 21 framework for preparing financial statements
  • SSARS 24: Going concern disclosures
  • SSARS 25: Materiality and risk-based reviews


Dr. Ray Thompson, CMA, CFM, CBA

Dr. Ray Thompson is Emeritus Associate Professor of Accounting & Finance at the University of Pittsburgh. He served as department head at the UPJ campus for over 25 years. He was also Associate Director of UPJ’s Entrepreneurial Development Assistance Project, where he was involved in financial consulting and assisting in preparing loan proposals for small business start-ups.

He has taught in graduate and undergraduate business programs in Europe, Africa and the US. He received his B.S. and M.S. degrees in Economics and Systems Dynamics from the University of Bradford in the United Kingdom, his M.B.A. in Accounting from Xavier University of Ohio, and his Doctor of Business Administration from Nova University. Ray is also certified in Financial Management and is a Certified Management Accountant and Certified Business Appraiser. He recently became certified in International Financial Reporting Standards though the Institute of Chartered Accountants in England and Wales.

Ray is a professional educator and writer. He authors and conducts professional development seminars for Fortune 500 and international corporations, multinational financial institutions, State CPA Societies, and CPA firms throughout the US. In addition to these live seminars, he also produces both recorded and written courses for self study. He also provides business valuation services and consults with accounting firms and sole practitioners on a range of accounting issues in the area of valuation. Ray was part of the George & Ray team which offered Accounting & Auditing courses for over 20 years.

Ray is a member of the Institute of Management Accountants and the Institute of Business Appraisers. He is also a faculty associate member of AICPA and PICPA, and is a member of the Financial Reporting Faculty of ICAEW. He lives in Bedford County, PA, and can be reached at (814) 839-0143 by phone or at


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