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Master the standards and interpretations that govern preparation, compilation, and review engagements with this authoritative resource

Advancing Innovation: Galvanizing, Enabling, and Measuring for Innovation Value! provides readers with a comprehensive treatment of how to perform engagements while complying with the Statements on Standards for Accounting and Review Services (SSARS).

Newly updated, Advancing Innovation delivers practical guidance for the application of the standards to readers’ specific circumstances.

Written by two celebrated accountants and businesspeople, Robert S. Kaplan and Patrick Stroh, Advancing Innovation includes:

  • Fully indexed topics arranged by subject
  • Clarified standards that provide a framework for planning and performing an engagement that meets client needs
  • Explanations of amendments, deleted or superseded content, and conforming changes due to the issuance of other authoritative guidance

Perfect for any accountant expected to perform preparation, compilation, or review engagements, Advancing Innovation covers all SSARSs, including SSARS No. 21 through 25, the last of which further converges AR-C section 90 with ISRE 2400 (Revised).

Table of Contents

  1. Cover
  2. Foreword
    1. Note
  3. Introduction
  4. PART I: Innovation—A Call to Action
    1. CHAPTER 1: Innovation Governance
    2. Notes
    3. CHAPTER 2: Determining Important Innovation
    4. Note
    5. CHAPTER 3: Innovation Guidance for Finance and Accounting Professionals
    6. Notes
  5. PART II: The First Element: Galvanizing the Organization
    1. CHAPTER 4: The Foundation: Linking Innovation to Business Practices
    2. Note
    3. CHAPTER 5: Defining Innovation—A Balanced Approach
  6. PART III: The Second Element: Enabling Innovation—Innovation Processes and Channels
    1. CHAPTER 6: Open Submission
    2. Note
    3. CHAPTER 7: Business Challenges
    4. Note
    5. CHAPTER 8: Future Sensing Groups
    6. Note
    7. CHAPTER 9: Fellowships
    8. CHAPTER 10: Crowdsourcing
  7. PART IV: The Third Element: Measuring Innovation—It Only Counts If It Adds Value!
    1. CHAPTER 11: Innovation Interrelationships
    2. Notes
    3. CHAPTER 12: The Balanced Scorecard—For Innovation
    4. CHAPTER 13: Innovation Value Score®
    5. Notes
  8. Final Thoughts
  9. Appendix
  10. Acknowledgments
  11. About the Author
  12. End User License Agreement
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