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Preparations, Compilations, & Reviews: Most Common Errors to Avoid

Jul 11, 2025 · 1 min read

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As part of our continuing efforts to help CPEA members maintain and improve the quality of their work, we reviewed Peer Review Matters for Further Consideration (MFCs) for 2024 related to preparation, compilation, and review engagements performed under the Statement on Standards for Accounting and Review Services (SSARS), specifically AR-C 70, Preparation of Financial Statements, AR-C 80, Compilation Engagements, and AR-C 90, Review of Financial Statements. We present the results of that review in this report, identifying common accountant mistakes

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File name: preparations-compilations-and-reviews-top-5-common-errors-to-avoid.pdf

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