- The latest developments affecting audit engagements are addressed in this course. Part of planning an audit involves consideration of the business and economic environment in which the client operates. Thus, auditors need to be aware of the various types of fraud that clients and employees may be committing, especially in light of the recent myriad of lawsuits against auditors and accountants. In addition to applying techniques to limit their liability to their clients and third parties, auditors are confronting other major problems facing the accounting field, including compliance with the Sarbanes-Oxley Act. The Peer Review Comments and new auditing statements provide further guidance on current issues. To deal with the volatility in the business climate, auditors should focus their efforts in key areas and should take lessons from litigation. Additionally, in this course, auditors will learn how to perform more efficient engagements, assess going concern, advise clients on insurance, audit lease agreements, and much, much more. Purchase this course
- This course begins by reviewing the efforts being made by the U.S. government to prevent corporate fraud. Next, there is a discussion of common characteristics of individuals who are most likely to commit fraud and some steps that you can take to identify them. Finally, the course will identify the most frequently occurring types of corporate fraud and point out some processes and procedures which can be put into place in order to prevent these types of fraud. Several case studies are included. Purchase this course.
- This course covers the essential tools you need to perform internal-control related services. It will take you through your clients’ responsibility to design and implement programs and controls to prevent, deter, and detect fraud. It touches on internal control over financial reporting in accordance with Section 404 of the Sarbanes-Oxley Act. The course also covers Management’s Antifraud Programs and Controls and the risk factors included in SAS No.99. The course provides useful indicators and checklists such as indicators of financial crime, the ACFE’s fraud prevention checkup, internal control assessment form, computer applications checklist, and financial reporting information systems and controls checklist. Purchase this course.
- The purpose of this course is to inform the reader of the various changes proposed by the Accounting and Review Services Committee of the AICPA and practice issues surrounding compilation and review engagements. This course covers changes in SSARS Nos. 9 through 18, and responsibility for fraud, internal control and going concern, representation letters for reviews, personal financial statements, using staff, compiling pro forma financial information, OCBOA financial statements, legends on financial statements, and more. Purchase this course.
- This course walks you through each chapter of the GAO’s Generally Accepted Government Auditing Standards in a fun and entertaining way. The Yellow Book is long, but it is full of audit wisdom and strict requirements that you should be aware of. The author shares her experience as a governmental auditor throughout the text to bring the concepts to life. Purchase this course.
