Audit - Level 1

The following courses have been hand-picked for audit professionals with up to one year of experience. The Audit - Level 1 track will help your new staff understand and improve essential audit, review, and compilation skills while learning the critical business skills necessary to become a valuable part of your team.

Evaluating Fraud Risk in a Financial Statement Audit (Morning Session)

Jun 17th 9:00am - 12:15pm

Online

4.00 Credits

Fraud landscape in the United States Fraud risk procedures as updated by recently issued standards Most likely fraud types found in small to mid-size entities Internal controls to prevent and detect fraud What to do when fraud or suspected fraud is identified Case studies based on recent frauds

The Most Critical Challenges in Governmental Accounting Today (Afternoon Session)

Jun 17th 12:45pm - 4:30pm

Online

4.00 Credits

The implementation of GASB No. 84 Fiduciary Activities How governments can prepare for and implement GASB No. 87 Leases Additional recently issued GASB standards

Applying the New Yellow Book to a Financial Statement Audit (Afternoon Session)

Jun 18th 12:45pm - 4:30pm

Online

4.00 Credits

Critical concepts related to applying the new Yellow Book including when the standards are applicable; the types of engagements involved; and the relationship between the Yellow Book and other standards The new Yellow Book standards related to ethics; independence; professional judgment; competence and CPE; quality control; and peer review The new Yellow Book requirements related to performing and reporting on financial audits and how those requirements affect the audit in areas like internal control

Not-for-Profit Organizations Conference

Jun 22nd 8:30am - Jun 23rd 12:15pm

Online

8.00 Credits

CPA Super Search: A New Research Checklist System for Google

Jun 23rd 3:00pm - 5:00pm

Online

2.00 Credits

The major topics that will be covered in this class include:CPA SuperSearch overviewPanopticalsInstitutionsSentimentAdvisoryInfluencersCredentialsFirmsAppsOutputsDomainRegulatorsOccupationsInstructor Name: Garrett Wasny, MA, CMC, CITP/FIBP

FASB and AICPA Update

Jun 24th 8:45am - 4:30pm

Online

8.00 Credits

This program focuses on all things the accounting professional should be aware of including:  Accounting standard updates (ASUs)  FASB projects  Audit service issues  ARSC initiatives, preparation, compilation and review updates, and initiatives  AICPA activities and profession update

Disclosure - The Key to Financial Statements

Jun 28th 8:45am - 4:30pm

Online

8.00 Credits

Special emphasis is given to common disclosure deficiencies noted in practice  Recent changes in accounting guidance that impacts disclosures  Risks and uncertainties and accounting policies  Liabilities-how debt violations impact classification  Uncertain tax positions  Accounting changes, error corrections, and other categories in the income statement  Cash flow statements

Preparation, Compilation, and Review Engagements: Update and Review (Afternoon Session)

Jun 28th 12:45pm - 4:30pm

Online

4.00 Credits

Overview of preparation, compilation, and review guidance  Accounting and reporting issues  Current practice issues  Common deficiencies in peer reviews  Current and future standard setting projects

Current and Upcoming FASB Issues (Morning Session 1)

Jun 30th 8:45am - 10:25am

Online

2.00 Credits

Recently issued ASUs, including broad and narrow topics  Current FASB exposure draft and projects  Private company financial reporting  Other important accounting matters

Current Audit Environment and ASB Activity (Morning Session 2)

Jun 30th 10:35am - 12:15pm

Online

2.00 Credits

Environment and implications affecting audit planning and risk assessment  Key changes in recently issued Statements on Auditing Standards and exposure drafts  Recently issued auditing interpretations  Recently issued SSAEs and proposed changes

Surgent's Business Writing: Professional & Effective Emails

Jun 30th 10:00am - 12:00pm

Online

2.00 Credits

Preparing to write: what is my purpose and objective and who is my audience When email is the appropriate communication methodology and when it’s not Common email mistakes and how to avoid them Proven techniques for writing more efficient, readable, and outcome-focused emails Instructor Name: Margaret Uhrich

Surgent's Business Writing: Professional & Effective Emails

Jul 6th 1:00pm - 3:00pm

Online

2.00 Credits

Preparing to write: what is my purpose and objective and who is my audience When email is the appropriate communication methodology and when it’s not Common email mistakes and how to avoid them Proven techniques for writing more efficient, readable, and outcome-focused emails Instructor Name: Margaret Uhrich

CPA Super Search: A New Research Checklist System for Google

Jul 27th 11:30am - 1:30pm

Online

2.00 Credits

The major topics that will be covered in this class include:CPA SuperSearch overviewPanopticalsInstitutionsSentimentAdvisoryInfluencersCredentialsFirmsAppsOutputsDomainRegulatorsOccupationsInstructor Name: Garrett Wasny, MA, CMC, CITP/FIBP

Surgent's Business Writing: Professional & Effective Emails

Aug 4th 1:00pm - 3:00pm

Online

2.00 Credits

Preparing to write: what is my purpose and objective and who is my audience When email is the appropriate communication methodology and when it’s not Common email mistakes and how to avoid them Proven techniques for writing more efficient, readable, and outcome-focused emails Instructor Name: Margaret Uhrich

CPA Super Search: A New Research Checklist System for Google

Aug 24th 10:30am - 12:30pm

Online

2.00 Credits

The major topics that will be covered in this class include:CPA SuperSearch overviewPanopticalsInstitutionsSentimentAdvisoryInfluencersCredentialsFirmsAppsOutputsDomainRegulatorsOccupationsInstructor Name: Garrett Wasny, MA, CMC, CITP/FIBP

Surgent's Business Writing: Professional & Effective Emails

Sep 15th 1:00pm - 3:00pm

Online

2.00 Credits

Preparing to write: what is my purpose and objective and who is my audience When email is the appropriate communication methodology and when it’s not Common email mistakes and how to avoid them Proven techniques for writing more efficient, readable, and outcome-focused emails Instructor Name: Margaret Uhrich

CPA Super Search: A New Research Checklist System for Google

Sep 27th 10:30am - 12:30pm

Online

2.00 Credits

The major topics that will be covered in this class include:CPA SuperSearch overviewPanopticalsInstitutionsSentimentAdvisoryInfluencersCredentialsFirmsAppsOutputsDomainRegulatorsOccupationsInstructor Name: Garrett Wasny, MA, CMC, CITP/FIBP

CPA Super Search: A New Research Checklist System for Google

Oct 26th 11:30am - 1:30pm

Online

2.00 Credits

The major topics that will be covered in this class include:CPA SuperSearch overviewPanopticalsInstitutionsSentimentAdvisoryInfluencersCredentialsFirmsAppsOutputsDomainRegulatorsOccupationsInstructor Name: Garrett Wasny, MA, CMC, CITP/FIBP

Surgent's Business Writing: Professional & Effective Emails

Oct 28th 10:00am - 12:00pm

Online

2.00 Credits

Preparing to write: what is my purpose and objective and who is my audience When email is the appropriate communication methodology and when it’s not Common email mistakes and how to avoid them Proven techniques for writing more efficient, readable, and outcome-focused emails Instructor Name: Margaret Uhrich

Basic Staff Training - Level I

Nov 1st 8:45am - Nov 2nd 4:30pm

Online

24.00 Credits

Role of New Staff (2.5 Hours) By identifying the factors accounting for the growth of local and regional firms in the past decade, participants become aware of the changing nature of the profession. After recognizing that "taking the total service approach" is the key to growth, participants identify the ways in which new staff can contribute to the success of both themselves and their firm. Understanding Audit Objectives (1 Hour) Through guided discussion, participants identify the major steps in the audit process and the alternatives that are available throughout the process. Audit objectives are identified and discussed. The nature of and the circumstances under which tests of transactions and tests of balances are performed are discussed. Working Paper Techniques / Cash (3.5 Hours) In a session scheduled on the first day of the program, participants critique a set of working papers in an area that they are familiar with-cash. Participants first identify the most common deficiencies found in the working papers of new staff. Then through guided discussion and exposure to electronically generated working papers, participants learn the most practical means of overcoming these deficiencies. In the process participants become aware of the characteristics and benefits of using electronic working papers. Techniques developed in this session are reinforced throughout the course. Analytical Procedures (4 Hours) Guided discussion is used to introduce participants to the purposes served and the fundamental techniques employed in performing analytical procedures. Participants are assigned a case study in which they utilize these techniques to first identify and then follow up on accounts where special problems may exist. Compilation and Review Services (4 Hours) Participants identify and discuss the different levels of assurance and responsibility associated with compilations, reviews and audits. Minimum levels of knowledge required in performing compilations and reviews are identified. The kinds of procedures performed on compilations and reviews and the circumstances under which they are performed are identified and discussed. Participants are given an unadjusted trial balance taken from the books of a closely-held corporation along with selected information about certain accounts. Utilizing this information, small groups of participants identify accounts needing possible adjustments, discuss the various alternatives available under GAAP, and then prepare adjusting entries that will permit the preparation of financial statements in accordance with GAAP. Tax Recognition and Research Techniques (2.5 Hours) The twofold objectives of this session are to improve each participant's skills at  Identifying situations common to small and medium-sized clients that have tax implications  Performing noncomplex tax research to resolve questions associated with each situation. Working with the same small company case used in the Compilation and Review Services module, participants first identify numerous situations with tax implications and then perform basic tax research in a tax reference manual, such as the Master Tax Guide, in order to either resolve each tax question or recommend more in-depth research. Auditing / Reviewing Selected Accounts (6.5 Hours) In several sessions devoted to various balance sheet accounts, emphasis is placed on:  Identifying the audit and/or reviewing objectives applicable to a given account  Designing and implementing those procedures that will, in the most efficient and effective manner, provide sufficient evidence to meet the specified objectives  Small group case analysis is used to help participants improve the skills they need in effectively and efficiently auditing receivables, payables and inventories.

Top Business Tax Planning Strategies (Morning Session)

Nov 8th 8:45am - 10:25am

Online

2.00 Credits

Taking maximum advantage of the 199A 20% deduction Whether the reduction in C corporation tax rates merits converting to a C corporation Limiting the impact of the 461(l) loss limitation rules for taxpayers other than C corporations Avoiding or limiting the limitation on the deduction of net business interest expense Minimizing the limitation of the deduction of expenses for entertainment and certain fringe benefits Taking advantage of more tax-efficient tax accounting methods

FASB and AICPA Update

Nov 16th 8:45am - 4:30pm

Rocky Hill

8.00 Credits

This program focuses on all things the accounting professional should be aware of including:  Accounting standard updates (ASUs)  FASB projects  Audit service issues  ARSC initiatives, preparation, compilation and review updates, and initiatives  AICPA activities and profession update

FASB and AICPA Update (Livestream)

Nov 16th 8:45am - 4:30pm

Online

8.00 Credits

This program focuses on all things the accounting professional should be aware of including:  Accounting standard updates (ASUs)  FASB projects  Audit service issues  ARSC initiatives, preparation, compilation and review updates, and initiatives  AICPA activities and profession update

Surgent's Business Writing: Professional & Effective Emails

Nov 18th 10:00am - 12:00pm

Online

2.00 Credits

Preparing to write: what is my purpose and objective and who is my audience When email is the appropriate communication methodology and when it’s not Common email mistakes and how to avoid them Proven techniques for writing more efficient, readable, and outcome-focused emails Instructor Name: Margaret Uhrich

Lease Accounting Implementation

Dec 15th 8:45am - 12:15pm

Online

4.00 Credits

Managing the risks of material misstatements  Time-saving practical expedients  Calculating present value for a lease's remaining payments  Examples of documentation that will avoid internal-control deficiencies and maximize audit efficiency

Surgent's Annual Accounting and Auditing Update

Jan 5th 9:00am - 5:00pm

Online

8.00 Credits

Recently issued FASB Accounting Standards Updates, PCC Update and items on the FASB's Technical Agenda Leases -- Topic 842 Financial accounting and reporting considerations related to Going Concern Recently issued SASs and other AICPA activity SSARS No. 21, Clarification and Recodification and other recently issued SSARS Peer review and other audit quality issues Other important A&A practice matters Instructor Name: Richard Daisley, CPA