CPE & Event Catalog

Information security terminology. Information security. Types of information security. IRS commentary on information security. Specific information security threats and solutions. FTC safeguards rules. Insurance options.

Tips for improving the critical audit skills of inquiry and research.

Key installment. General rules for installment sales. Special situations. Reporting of installment sale income. Escrow account. Sale of a business.

Installment sales. Imputed interest and OID. Repossession. Like-kind exchanges. Dealer disposition.

Insurance company economics. Tax accounting -IRC subchapter l. Tax elections. P&C insurance companies. Section 953(d) election. Micro captive insurance companies.

Overview of intangible assets. Fair value analysis. The fair value concept. Cost approach valuation. Defining assets. Case study. Market approach valuation. Income approach valuation. Internally-generated intangible assets. Valuation issues for specific asset types.

Interest and debt. Deductible interest.

Internal audit priorities. Remote workforce risks. Financial controls. Financial risks. Brand risks.

The audit committee. Governance. Risk management. Business processes. Internal controls. Information technology auditing. Fraud preventions and detection. Types of fraud. Internal audit management, and more.

The required communication of internal control matters noted on an audit. Evaluating the severity of identified deficiencies, including consideration of qualitative considerations. Importance of placing a priority on being a value-added business advisor. Anticipating and preventing internal control issues related to reliable financial reporting, operational efficiency or compliance. Components of a well-written internal control comment. Better writing tips and techniques.

The design and implementation of internal control over financial reporting.

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.

Why internal controls matter. The basics of internal controls: the theory. The basics of internal controls: in practice. Fraud prevention controls and practices. Duplicate payments and their relationship with poor internal controls, 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.

Why interview and who to interview. Types of interviews. Preparing for and conducting interviews. Differences between interviews and interrogations. Dealing 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.

Worksheets and workbooks. Worksheet navigation. Shortcut menus. Creating a workbook, and more.

The nature of inventory. Inventory strategy. Inventory policies, and more.