Topics covered include: Accrual, tax, cash, modified cash, liquidation, estimated value basis and other bases of accounting; AU-C 800 for audits of OCBOA financials; Reporting issues and OCBOA; Engagement Letter issues; Disclosures for OCBOA; Preparation Services and OCBOA; Documentation for OCBOA; The AICPA's FRF for SMEs. Upon completing this course, you should be able to: Identify the new FASB pronouncements that may impact OCBOA; Identify the impact of International Financial Reporting Standards (IFRSs) on OCBOA;Prepare, compile, and audit financial statements using OCBOA.