CPE & Event Catalog

Payables inefficiencies. Optimal accounting for invoice approvals. Optimal accounting for three-way matching. Optimal accounting for expense reports. Optimal accounting for data entry. Optimal accounting for payments. Monitoring of optimal systems. Impact of optimization on closing the books. Impact of optimization on fraud. Impact of optimization on the annual audit.

Overview of non-audit service options and when appropriate to apply. Agreed-upon procedure engagements. Assertion-based and direct examination engagements. Compliance attestation special considerations.

Summary of the requirements of au-c section 510. Audit process. Small audit systems. Relevant assertions.

The primary purpose of workpaper documentation, and minimum documentation requirements for workpaper preparers. Best practices for documenting complex and subjective procedures and conclusions, such as estimates, substantive analytic procedures, etc. that impact the nature and extent of audit documentation needed to support audit conclusions. Discussing the financial statement audit risk concept, including how proper application better ensures a higher quality audit. Tips for an efficient workpaper review process that complies with relevant standards. Understanding the quality management standards and guidance related to a CPA firm's responsibilities for its system of quality management. Explain the importance of establishing, applying, and monitoring quality control policies and procedures related to audit documentation.

What AP needs to do to get ready for the year-end close. This year will be different: getting ready for year end. The last check run. Handling discrepant and outstanding invoices at year end. Handling invoices at year end: getting them into the correct fiscal year. Dealing with the T&E laggards. When the approving manager is the problem. The year end calendar. Handling accruals in accounts payable. A ten step plan to get any organization ready in compliance with the form 1099 reporting rules. Form 1099-MISC: filing for an extension. You're not alone: biggest 1099 and W-9 headaches. Closing tips: eight simple ways to make year end run smoother. The last detail: thanking the staff. Next year will be different: laying the groundwork for a better close next year.

The qualities of a skeptical auditor and how to utilize skepticism in assurance services.

Documentation as a means of audit quality. Responsibilities of the workpaper reviewer. Appropriate review notes at various phases of the engagement, including before and after audit report date and report release. Important tips for providing reviews notes that will promote an effective and efficient financial statement audit.

Tax planning for S corp. Audit triggers. Compliance regulations. Social security benefits.

Sales and use tax accounting. Sales tax nexus. The South Dakota vs. Wayfair case. Sales tax exceptions. Streamline sales and use tax agreement. Use tax. Buying and selling a business. Sales tax audits. Additional sales and use tax topics.

Determining the extent of testing controls, testing compliance, and tests of substantive detail.

Auditing overview. Planning an audit. Audit performance.

Small audits made easy and profitable. Saving time with quality control. Developing cost-beneficial audit strategies on small audits. Audit planning for profits. Understanding internal control and making it pay. Understanding risk assessment standards and financial assertions, and more.

Best practice techniques for strengthening substantive analytic procedures.

Generally accepted audit requirements related to testing controls for operating effectiveness. Identifying key controls that may prove effective and efficient to test in a control reliance strategy. Responses when deviations are discovered when evaluating the design or operating effectiveness of internal control. Leveraging audit evidence available through Service Organization Control (SOC1) Reports. General computer control considerations when evaluating the design and operating effectiveness of internal control over financial reporting.

Materiality. The audit report. Structure of the report. Related parties. Fraud.

Properly identifying, evaluating, and deciding how to respond to risk in a financial statement audit.

The audit risk model. Outcomes of risk combinations. The reasonable assurance requirement. The nature of audit evidence. Sources of audit evidence. Evidence obtained from the work of others. The audit sampling process. The audit plan.

ESG.

Tax impact - not GAAP. Tax terms - accounting method. Internal revenue code. Treasury regulations. Internal revenue manual.

Types of audit engagements. The nature of GAGAS requirements. Independence and professional judgement. Competence. Quality control and peer review. Standards for financial audits. Compliance with GAGAS.