CPE & Event Catalog

Internal controls fundamentals. Management assessment of internal controls. Comprehensive examination of financial statements. Fraud management strategy. Financial reporting controls and information systems checklist-medium to large business. Sample audit programs for financial statement accounts. Fraud risk factors relating to misstatements. Computer applications checklist-medium to large business.

Review of the audit requirements stated in the auditing standards regarding internal control activities. Analysis of the control environment, concentrating on privately-owned businesses. A detailed discussion of an effective system of internal control and related control activities as detailed in the updated COSO report. Sample risk assessment procedures to determine control risk for all major assertions. Discussion of how to reduce control risk to below maximum. Specific tests of controls that can be beneficial to a financial audit. Discussion of the requirements to test controls for governmental audits.

Why internal controls matter. The basics of internal controls. Fraud prevention controls and practices. Duplicate payments and their relationship with poor internal controls. Where internal controls breakdown. Purchase orders and their role in internal controls. Invoice processing, and more.

Evolution of internal control concepts. Revamped 2013 COSO Internal Control - Integrated Framework. Designing an adequate umbrella of internal controls over financial reporting to prevent, or detect and correct, material misstatement due to fraud or error. Specific internal control considerations and sample documentation for smaller entities. Additional responsibilities for the audits in accordance with the Sarbanes-Oxley Act, Government Auditing Standards and Single Audit Act requirements.

Presentation of financial statements. Statement of cash flows. Consolidated and separate financial statements. Accounting policies, estimate changes and errors. Financial reporting in hyperinflationary economies. Earnings per share. Interim financial reporting, and more.

Interviewing on government audits. Why we interview and who to interview. Types of interviews. Open-ended questions. Close-ended questions. Preparing for and conducting interviews. Differences between interviews and interrogations. Identifying and working with difficult interviewees.

Understanding the entity and its environment, and the applicable financial reporting framework. Understanding the components of the entity's system of internal control. Considerations for understanding IT. Identifying and assessing the risks of material misstatement.

Understand how a bank differs from a regular company. Comprehend why enterprise value is a meaningless metric for a bank. Factor regulatory capital requirements into a dividend discount model. Learn how to value a bank that doesn't pay a dividend. Use similar banks and return on equity to value a bank's equity. Mark a bank's balance sheet to market value.

Learn core BI concepts, roles, and processes. Compare BI vs. data science and where each fits. Use Excel and Power BI for hands-on data analysis. Understand the BI lifecycle and its impact on business value. Develop the foundational data skills used in BI teams.

Worksheets and workbooks. Worksheet navigation. Shortcut menus. Creating a workbook. Worksheet data. Numeric formatting. Range names. Table functions. Workbook topics. Excel templates.

Forensic accounting.

Sustainability Accounting Standards Board. FSA Credential. Sustainability reporting. Key Performance Indicators.

The nature of inventory. Inventory strategy. Inventory policies. Materials planning and forecasting. Purchasing activities. Inventory receiving. The impact of production on inventory, and more.

Investing basics. Baseline investing activities. Individual retirement accounts. Investing in stocks. Investing in lending arrangements. Investing in funds. Working with brokerage firms. The interpretation of financial statements. Investing metrics.

Investing in alternative assets. Dangers of investing in alternative assets. Up front analysis work. Art investments. Collectibles investments. Credit investments. Cryptocurrency investments. Equity investments. Farmland investments. Infrastructure investments. Life settlements. Property investments. Tax liens. Weather derivatives.

Planning around new tax laws. Investing in virtual currency.

When to use factoring. How much does a factor make? Selecting a factor. Factor application and setup fees. UCC-1 financing statements. The factoring process. Reasons to change factors. Advantages of factoring. Disadvantaging of factoring.

Understanding and assessing risk and return and matching to expected return Investment vehicles. Designing an asset allocation portfolio in today's environment for different stages of life. Solidify an appropriate investment strategy based on risk. Helping clients stay on top of potentially life-altering situations. Help clients understand the intricacies of investment planning. Investment markets and the effects of world events. Dealing with increasing client concerns.

Alignment with IFRS. Types of Islamic business entities. The concept of Zakat. The concept of Sukuk. Islamic financial statements. Sharia auditing. Users of Islamic accounting information.

Connecting with clients. Bank financing. Cash flow management. Know your client.