What questions do you have on reviews and compilations?

Greetings to the all the accountants arriving here after doing a search on reviews and compilations!  Hope the posts here are of help to you.

What other questions do you have on SSARS 19? Let me know in the comments and I’ll try to help!

Happy New Year and best wishes as you implement the new stuff in SSARS 19!

Outcome measures – Why does it matter to other NPOs that churches might be able to measure spiritual maturity?

The most exciting thing to me from Reveal: Where Are You (discussed here) is that it IS possible to measure such things as spiritual maturity.  You CAN quantify that outcome measure in a local church.

Opening that door in turn opens the door to measuring other intangibles.

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SSARS 19 – Sample compilation report for omitting substantially all disclosures

(duplicate of post from Attestation Update  blog)

Update – SSARS 19 had been replaced by SSARS 21. All the reports have been revised. You can check out these posts at my other blog, Attestation Update:

Omission of substantially all disclosures under SSARS No. 19 — Compilation reports will change for organizations with fiscal years ending after December 15, 2010. I have prepared a modified report for departure from GAAP.  Here is the report I will be using after the first of the year for my non-profit clients if any choose to omit all disclosures.  Please feel free to copy, but make sure you modify this based on your firm’s policies.

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SSARS 19 – Sample compilation report for omitting the statement of cash flow

(duplicate of post from Attestation Update  blog)

Update – SSARS 19 had been replaced by SSARS 21. All the reports have been revised. You can check out these posts at my other blog, Attestation Update:

Omission of cash flow statement under SSARS No. 19– Compilation reports will change for organizations with fiscal years ending after December 15, 2010. Here is the modified report I will be using after the first of the year for my non-profit clients if any would choose to omit the statement of cash flow. I doubt that will happen in my client base, but wanted to make this example available to the CPA community.

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Peering Forward – Technology will change even faster

I’ve been talking about the Winter 2010 Outcomes from Christian Leadership Alliance. You would learn and stretch if you could take a few minutes and browse the issue.

Kevin Ring has a great article, Future-Proof Ministries that talks through some of the current and long-term tech issues.

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Peering Forward – How do we respond to developing trends?

Earlier discussed that we need to pay attention to the trends in our culture and then looked at some of those trends identified by David Kinnaman.

How do we respond to those trends?  Kinnaman raises four superb questions in his article.  I will quote his questions and share my thoughts.

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Outcome measures – Why does it matter to churches that it is possible to measure outcomes in a local church?

Helping people grow spiritually — Every church I’ve every worked with had a vision that included some variation of that idea.  It is phrased differently with varying focus, but that seems to be typical. 

What if you could identify things that help that growth?  What if you could identify things that are completely irrelevant to helping people grow?

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