CPE & Event Catalog

Tips and techniques for determining whether an impairment loss risk exists.

Auditing inventory.

Auditing investments.

Auditing liabilities.

Areas of audit interest. Audit planning. Understanding audit risk. Materiality. Using the work of an auditor's specialist. Developing audit documentation.

Auditing tangible long-lived assets.

Auditing revenue recognition.

Generally accepted accounting principles related to sales, including the revenue recognition model of Topic 606. Common revenue recognition fraud schemes and potential audit responses. Audit responses to significant risks requiring special audit consideration related to revenue recognition.

Areas of audit interest. Audit planning. Understanding audit risk. Understanding government entity controls. Materiality. Audit procedures specific to state and local governments. Writing representations.

Audits of group financial statements. Key issues related to group audits. The audit process.

Differentiating risks faced when performing nonaudit services, such as reviews, compilations, preparing financial statements, bookkeeping, tax return preparation, and similar. Best practices for preventing quality control concerns that could lead to peer review deficiencies or malpractice claims. Establishing an understanding with the client to minimize misunderstandings as to the nature and scope of engagements. Explain situations when independence should be appropriately safeguarded when performing nonattest services.

The nature of fraud. The fraud triangle. Characteristics of fraudulent behavior. The impact of dominance in behavior. Ethics as learned behavior. The CEO-CFO relationship. The role of emotions in triggering fraudulent behavior. What fraud perpetrators desire.

Properly identifying, assessing, and responding to risk.

SSARS and nonattest services.