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This session will discuss differences between traditional (i.e., audits, compilations and reviews) and non-traditional engagements (agreed-upon procedures, consulting, audits of specified elements, etc.), review types of non-traditional engagements and when they are appropriate. Learning objectives include:
Advantages and disadvantages of non-traditional engagements
Identifying and determining when a non-traditional engagement is appropriate
Review of specific examples of various types of non-traditional engagements
Review of common procedures and relevant accounting standards applicable to non-traditional engagements