CPE & Event Catalog

The franchising process. Fees associated with a franchise agreement. Franchisor accounting issues. Franchisee accounting issues. Contract-related costs. Franchisor revenue recognition. Franchisee revenue recognition.

Fraud triggers. Fraud symptoms. Data analysis. Data analysis techniques. Benford's law. Ease of detection. Cost-effectiveness of investigation. Investigation labor.

Fraud audit techniques using Excel. Excel arrays. Excel text functions. Benford's law.

Benford's law overview. History of Benford's law. Using statistics to interpret results. Benford's law example with manipulated data. Using Excel to identify subsets of data for further analysis. Advantages of Benford's law. When to use Benford's law. Benford's law used with world populations. Benford's law summary.

Introduction to fraud. Who commits fraud and why. Fraud prevention: pressures and rationalizations. Fraud prevention: opportunities. Fraud detection. Fraud investigation and audit. Review of auditor's responsibility with respect to fraud.

Explain the expectation gap with financial statement users regarding the auditor's responsibilities for preventing and detecting fraud. Fraud inquiries and engagement team discussion points. Identifying and responding to fraud risk on an audit. Testing journal entries and other tests for management override. Required fraud and noncompliance communications by various auditing.

Fraud schemes by employees. Financial statement fraud schemes. Fraud schemes by outsiders.

Real-life and practical examples of fraud in smaller and mid-size environments, including nonprofits.

Fraud in government. Impact if the fraud triangle. Payroll fraud. Procurement fraud. Travel and entertainment expense reimbursement fraud. No-show fraud. Financial statement fraud. Social security fraud. Medicare and Medicaid fraud. Unemployment program fraud.

Information-based schemes. Trade-based schemes. Action-based schemes. Closing price manipulation schemes. Spoofing-based fraud. Cornering schemes. Misleading customers schemes. Fraud in specific financial markets. The impact of regulation.

Audit strategies. Auditing cash. Auditing accounts receivable. Auditing inventories. Auditing investments. Auditing fixed assets. Auditing goodwill and intangibles. Auditing accounts payable and accrued expenses. Auditing income taxes. Auditing revenues. Auditing payroll and operating expenses.

Presentation of financial statements. Balance sheet. Comprehensive income. Income statement. Statement of cash flows. Notes to financial statements. Accounting changes and error corrections. Changing prices. Earnings per share, and more.

Inputs, processes, and outputs. Recognizing assets acquired and liabilities assumed. Contingent consideration. Measurement periods and adjustments during the measurement period. Definition of customer. Combination of contracts. Performance obligations. Input and output methods, and more.

Cost principles for federal grants. Allowable costs. Arms-length transactions. Allocability. Charges relate to benefits. Allocable costs. Consistent treatment. Inconsistent treatment of unemployment insurance taxes. Adequate documentation.

Rules regarding allowable costs. Cost principles for federal grants. General cost principles. Allowable costs. Reasonable and necessary costs. Allocability. Allocable costs. Shared organizational costs. Consistent treatment.

General standards AR-C Section 60. Engagement principles under SSARS. Definitions and requirements. Client relationships and engagements.

Tax economics. Business planning. Deferred compensation plans. Basic fringe benefits. Business entertainment. Business travel and transportation. Insurance. Equity participation. Estate planning.

Financial and tax fundamentals. Fringe benefits. Business entertainment. Insurance. Equity participation.

Send the invoice to the right place. Create an accurate invoice.

Understanding AI tools available today. Creating accounts in AI platforms. Querying data from AI platforms. Customizing your AI subscriptions.