This course reviews standards for preparation services. Address the risks faced by accountants providing these services and what it takes to minimize them. Also, receive guidance for the professional judgments that accountants must make when providing these services. This course aims to ensure that you have current knowledge and understanding of the AICPA's professional standards for preparing financial statements and can apply them to reduce the risk of material misstatements, whether caused by fraud or error. This course, taken with another 4-unit course, is an ideal way to meet the 8-unit accounting CPE requirement for accountants who prepare financial statements but perform no compilations, reviews, or audits. Small-Business Financial Statements (FRF) can provide the other four CPE units. Start-up and Small Business Financial Statements: Issues and Fraud (SSFR) is a companion course designed to meet the 4-unit fraud requirement, but also qualifies as accounting CPE.