CPE Catalog & Events

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. Learn about accounts receivable and its related contra account allowance for doubtful accounts, which is an area often assigned to new staff. Gain the knowledge necessary to successfully audit accounts receivable, including how using audit data analytics can improve the audit with respect to accounts receivable. Understand that accounts receivable is considered a high-risk account because it is associated with sales and revenue recognition, which is very subjective in nature and relies primarily on management estimates. Learn how, with careful thought and an understanding of risk assessment, auditing accounts receivable can be an efficient and effective process.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Applicationn staff training bundle. Fully prepare yourself to perform an inventory audit. Understand the importance of knowing not only the types of products your clients manufacture, but also what goes into making those products - it's essential for you to understand how a company makes its money in order to effectively perform an audit. Gain knowledge about determining what goes into your clients' products and how those products are assembled. Explore inventory costing, observations, and other necessary audit procedures, as well as how using audit data analytics can improve audit quality in the inventory area.

** This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - New Staff: Core Concepts staff training bundle.** Gain knowledge about audit evidence and the need for evidence in an audit. In this CPE self-study course, learn about sources of audit evidence and the various techniques auditors use to gather evidence. Understand what makes evidence sufficient and relevant as well as what an auditor should do when faced with conflicting or contradictory evidence. Learn how data analytics can be used as a risk assessment tool and how biases can play a role in your evaluation of audit evidence. Understand why controls over evidence are important and how controls make evidence more reliable.

This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - New Staff: Core Concepts staff training bundle. In this CPE self-study course, learn the elements, performance requirements, and documentation expectations for preparation engagements, compilation engagements, and review engagements. Although these procedures are not audits, they typically involve similar concepts, just at a lesser level of assurance - from no assurance to limited assurance depending on the engagement.

** This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - New Staff: Core Concepts staff training bundle.** Understand the entire audit process, from start to finish. In this CPE self-study course, you will learn about pre-engagement activities and client acceptance all the way through concluding procedures - including procedures and standards that guide the flow of the audit. Gain knowledge about the steps related to planning, materiality, risk assessment, analytical procedures, internal controls, and walkthroughs. Be up to date with a high level overview of the new Auditor Reporting suite of Statements on Auditing Standards Nos. 134-140, as amended by SAS No. 141.

This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - New Staff: Core Concepts staff training bundle. Learn about the overall objectives of an audit, as well as common issues that are important to new staff who have little to no firm experience. In this CPE self-study course, you will explore: Who an auditor actually works for What types and levels of service firms provide Standards auditors follow and who sets those standards The peer review process Also, understand the AICPA Code of Professional Conduct, the ethical rules auditors work under.

This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - New Staff: Core Concepts staff training bundle. Learn how to keep the core concepts of professional skepticism in mind at all times from the time you arrive at work to the time you depart. Following a case study, this CPE self-study course delves further into concepts related to professional skepticism, including additional factors that can impair skepticism, the role of ethics, and tools to apply your skills.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Core Concepts staff training bundle. Understand the audit risk model and how it is used at the onset of and throughout the audit process. Learn how the audit risk model works as a tool that can help peer reviewers and inspectors determine the sufficiency of procedures performed. Understand how engagement teams can do a better job of documenting their work when they consider the structure of the audit risk model and how evidence regarding procedures and findings is tabulated.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Core Concepts staff-training bundle. As you know, "If it's not documented, it's not done! "But don't struggle with questions related to documenting audit procedures. This CPE self-study course covers optimal techniques to prepare you for a variety of working papers that will meet the requirements of professional standards with the appropriate level of detail.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Core Concepts staff-training bundle. Beyond applying accounting and auditing standards or knowing how to minimize a client's income tax liability, understand your behavioral responsibilities, to better prepare you for success in your public accounting career. Learn how to interact with your coworkers in various capacities and how to present yourself as a member of the public accounting profession, a representative of your firm, and, most importantly, yourself.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. Gain an understanding of the COSO Internal Control-Integrated Framework and the concept of internal control over financial reporting, which will be part of your work environment whether you are in public accounting, corporate, government, not-for-profit, or private entity auditing. Understand the role of personal certifications regarding internal control under the SarbanesOxley Act. Be up to date on expanded discussions of the COSO Points of Focus, a critical tool in evaluating the COSO Framework as well as an introduction to IT General Controls.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. In this course you will: Gain understanding of the accounting system necessary to plan your procedures related to purchases, payables, and accrued expenses. - Learn about the possibilities of using audit data analytics for improved quality and efficiency. Gain understanding that accounting for accounts payable and accrued expenses is typically straightforward and centered on when to recognize a liability. Through an interactive case study, practice the critical substantive test and be able to assess whether your search for unrecorded liabilities is thorough enough to gain assurance that material unrecorded liabilities have been detected.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. Learn about the relatively straightforward issues relating to recognition and measurement of long-term debt as well as the more challenging issues relating to presentation and disclosure. Understand the more mechanical side of auditing debt, including confirming balances, recalculating accrued interest, and the recognition of interest expense. Learn how to ensure that your working papers contain sufficient appropriate evidence to support related financial statement disclosures.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. Learn key techniques and requirements regarding analytical procedures, which are one of the component audit procedures identified in the audit risk model and universally applied in every audit. Understand how - with the entire engagement team involved in the design, performance, and evaluation of analytical procedures -the procedures can be an effective trap for fraud and error and can provide audit evidence. As new staff, you will often be involved in the computational aspects of analytics. Understand how this close work may allow you to bring important insights and issues to light.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. Gain an understanding of the risks typically present in major balance sheet accounts, starting with cash. Understand the client controls you will likely encounter to mitigate those risks in order to establish your risk of material misstatement (RMM).

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. Gain the knowledge necessary to successfully audit prepaid and other current assets. Understand that prepaid and other current assets represent smaller individual items but may be significant to the entity nonetheless. Learn how these accounts - commonly consisting of prepaid expenses that must be recognized on a pro rata basis and other assets such as investments, short-term notes, and industry-specific transactions (for instance, costs in excess of billings) -often require complex estimates.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. Understand how the fairly straightforward accounting for property, plant, and equipment may have unusual or complex transactions, such as exchanges, capitalized interest, or saleleasebacks. Learn how to look for events or changes in circumstances that indicate an asset may be impaired and how to communicate with other audit team members about possible signs of impairment they might have observed in their audit areas. Understand how to carefully scrutinize the underlying documentation for fixed assets to be sure that the costs should be capitalized and not expensed. Be up to date with the new lease standard to understand the new accounting treatment of leases and the common auditing procedures involved. And appreciate the potential of audit data analytics in the property, plant, and equipment cycle. Use interactive exercises and case studies to practice applying effective and efficient procedures when auditing fixed assets.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. n this CPE courses, you will gain an overview of the various types of fraud schemes you may encounter as an auditor. Learn to spot signs of fraud and how to respond appropriately if you detect fraud during an audit. Understand the entity's responsibilities for fraud awareness and prevention. And learn how audit data analytics can improve the audit with respect to fraud.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle. Prepare yourself for future success in the accounting profession by learning about audit data analytics. Learn how firm audit methodologies are being enhanced to incorporate data analytics in order to improve audit quality. Gain knowledge about the concept of audit data analytics, with high-level guidance about how audit data analytics can be applied during the audit.

This CPE course can be purchased individually or as part of the Audit Staff Essentials - Experienced Staff/New In-Charge staff training bundle. Examine the relationship between the substantive sampling application and both the overall audit strategy and the overall objective of performing a low-risk audit. Understand the common elements of relating the test results to the auditing standards requirements by exploring the auditor's reporting responsibilities - under AU-C section 260, The Auditor's Communication With Those Charged With Governance (AICPA, Professional Standards), and AU-C section 265, Communicating Internal Control Matters Identified in an Audit (AICPA, Professional Standards) - that relate to substantive sample results.