CPE & Event Catalog

The nature of benefits and compensation. The need for benefit and compensation plans. Compensation structures. Pay administration. Benefits administration. Payroll administration.

Auditing cash. The bank reconciliation and proof of cash.

Auditing equity. Accounting for equity.

Auditing fixed assets. Auditing intangible assets. Auditing depreciation. Planning the fixed asset audit.

The focus of a human resources audit. Gather pertinent information. Training activates. Compensations and benefits. Employee development. Human resources systems. Human resources facilities and equipment. Conduct surveys. Summarize headcount and expenses. Issue recommendations.

Auditing Inventory. Inventory Fraud. Accidental Errors. Conduct Analytical Procedures. Mixed Systems. The Physical Inventory Count. Lower of Cost or Market Rule. Inventory Cost Layering.

Auditing liabilities. Accounting for liabilities.

The value provided by internal auditing. Outsourcing concerns. General steps in auditing outsourced functions. The periodic risk assessment. The ideal environment for auditing outsourced activities.

Auditor objectives. Auditing characteristics of payroll. Capitalization of labor costs. Ghost employees. Payroll ending balance. The payroll register. Auditor questions. Auditing activities. Precompute pay. Trace to general ledger. Conduct analytical procedures. Timing of auditing activities.

Procurement process overview. In-process procurement controls. Procurement fraud schemes. Procurement negligence. Auditor activities. Conflicts of interest. Outsourcing issues.

Auditing receivables. The allowance for doubtful accounts. Accounting for notes receivable.

Audit revenue. Revenue rules.

Fraud and the auditor's role. Fraudulent financial reporting. Extended audit procedures.

Conducting compilation engagement. Preparation of financial statements.

Conducting review engagement. Analytical procedures. Variations of the accountant's review report.

The client acquisition process. Audit objectives. The audit process. Engagement letters. Planning audit procedures. Audit sampling. Audit evidence. Analytical procedures, and more.

Advantages of having an employee handbook. The construction of an employee handbook. Purpose of the handbook. Hours of work. Payday policy. Vacation policy. Workers' compensation insurance.

A firm's system of quality management. Components and differences SQCS 8. Preparing based on AICPA resources. Documentation of SQM. AICPA practice aid. New risk-based approach.

Key factors for to consider when evaluating whether you are getting the most quality and insight from your auditors.

Getting a better return on financial statement audits.