Auditing



 Title  Credit  Format  Price  View
+    Internal Control And Fraud Detection 9 Online $69.00 View

Internal Control and Fraud Detection 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 — “Enhanced Financial Disclosures, Management Assessment of Internal Control” — which mandates sweeping changes. Additionally Section 404, in conjunction with the related SEC rules and Auditing Standard (AS) No. 5, An Audit of Internal Control Over Financial Reporting Performed in Conjunction with an Audit of Financial Statements), established by the Public Company Accounting Oversight Board (PCAOB), requires that the management of a public company and the company’s independent auditor issue two new reports at the end of every fiscal year. These reports must be included in the company’s annual report filed with the Securities and Exchange Commission (SEC).

 

Click here for Course Objectives

 

Field of Study

Auditing

Level of Knowledge

Overview

Prerequisite

None

Advanced Preparation

None

 

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

+    Corporate Fraud Investigators 2 Online $29.99 View

As the primary agency investigating corporate fraud, the FBI has focused its efforts on cases which involve accounting schemes, self-dealing by corporate employees, and obstruction of justice to conceal fraudulent activities from criminal and regulatory authorities. 

This course will review the efforts being made by the FBI and several other federal corporate crime busting governmental bodies within the United States to prevent fraud.

 

After completing this course, you should be able to:

  • Recognize some of the major organizations who have been working diligently to eliminate corporate fraud in the U.S.
  • Recognize the national statistics regarding corporate fraud in the United States.
  • List the general characteristics of the people who are most likely to commit fraud and how to better identify them as well as the most common types of fraudulent activities which are occurring in corporations today.
  • List the various types of schemes used to perpetrate misstatements on the financial statements and misappropriation of assets.

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

+    Accounting and Auditing - Guidance and Resources 2 Online $29.99 View

With the complexity of a fast paced business environment and continued emphasis by regulators on preventing and detecting improper financial reporting, it is important that CPAs remain current regarding the accounting guidance and regulations affecting their daily functions and professional responsibilities.  

 

 

This course will consider several areas of accounting and auditing guidance and resources. The FASB’s Accounting Standards Codification is the source of U.S. GAAP to be applied to nongovernmental entities.  The content and organization of the Codification will be reviewed in order for CPAs to effectively access and research the proper accounting standards.  The sections of the Sarbanes-Oxley Act addressing oversight, the Public Company Accounting Oversight Board and internal controls over financial reporting will be reviewed along with the auditing standards issued by the PCAOB.  The activities of the Private Company Council and the guidance issued by the Council will also be outlined.


 

 

 

 

Learning Objectives

After completing this course, you should be able to:

  • Identify the reference format used in the FASB’s Accounting Standards Codification.
  • Recognize the importance of the internal control and corporate governance provisions of the Sarbanes-Oxley Act.
  • Identify the auditing standards issued by the PCAOB.
  • Identify the standard setting process for private companies.

 

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

+    Fraud Update - The Impact of Fraud and Actions to Address Fraud 2 Online $24.99 View

Introduction

As fraud has evolved over the years the controls and procedures to prevent and detect fraud have also evolved.  This course will consider the significant impact of fraud and the measures that have occurred to address fraud, particularly white-collar crime.  The United States government response to events and situations involving fraudulent activity will be looked at along with the consequences for committing fraud.

The effectiveness of an organization’s internal control system plays an important role regarding fraud.  The recently updated Internal Control – Integrated Framework provides valuable information for organizations of all sizes to consider regarding sound actions to deter and detect fraud.  Examples of fraud risks will be reviewed along with steps that can be implemented as part of an anti-fraud program.

 

Learning Objectives

After completing this course, you should be able to:

  • Recognize the impact of fraud.
  • Identify government actions taken to address fraud.
  • Identify the components of internal control.
  • Recognize the fraud risk assessment process.
  • Recognize fraud risk factors.
  • Identify controls that address the risk of fraud.

 

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

 

+    The Detection and Prevention of Fraud in Financial Statements 6 Book $29.99 View

Introduction

In July 2002, President Bush formed a task force comprised of senior executives from various federal agencies to address the barrage of corporate fraud cases that surfaced in the wake of the Enron scandal. As the primary agency investigating corporate fraud, the FBI has focused its efforts on cases which involve accounting schemes, self-dealing by corporate employees, and obstruction of justice to conceal fraudulent activities from criminal and regulatory authorities. 

According to the Federal Bureau of Investigation (FBI) “white collar” crime, which this course will refer to as corporate fraud is:

“Those illegal acts which are characterized by deceit, concealment, or violation of trust and which are not dependent upon the application or threat of physical force or violence.  These acts are committed by individuals and organizations to obtain money or services; or to secure personal or business advantage.”

This course will begin by reviewing the efforts made by President Bush and several other federal corporate crime busting governmental bodies within the United States to prevent fraud.  In addition you will be provided with some statistics regarding corporate fraud. 

Next, you will be introduced to some of the common characteristics of individuals who are most likely to commit fraud and some steps that you can take to identify them.

 Subsequently this 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 from taking place.

 Finally, you will be provided with several case studies which will include the type of fraud which was committed and the punishment for the act.

 

Objectives

After completing this chapter, you should be able to:

  • Recognize some of the major organizations who have been working diligently to eliminate corporate fraud in the U.S.
  • Recognize the national statistics regarding corporate fraud in the United States.
  • List the general characteristics of the people who are most likely to commit fraud and how to better identify them as well as the most common types of fraudulent activities which are occurring in corporations today.
  • List the various types of schemes used to perpetrate misstatements on the financial statements and misappropriation of assets.

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

+    Essential Auditing Skills 9 Online $69.00 View

Let Leita guide you through every step of conducting an audit including assessing risk, refining the audit objective, choosing methodologies, and documenting your work. The auditor's responsibilities for fraud, useful interviewing tips, and the elements of a finding are covered using case studies, frequent references to audit standards, and stories of audit failures and successes.

 

This course applies to all auditors – whether auditing commercial entities, not-for-profits, or governments. And all audit types.

 

Course objectives include:

    Identify and arrange the steps of conducting an audit

    Detect common flaws in the conduct of an audit

    Identify common deliverables on an audit

    Assess the weakness in a given criteria

    Distinguish between the types of inherent risk

    Classify controls into the categories of the COSO model of controls

    Distinguish between a control’s design and implementation

    Distinguish among inherent risk, control risk, and detection risk

    Distinguish between a workable objective and a vague objective

    Detect weak and vague audit program steps

    Order the steps of conducting an interview

    Identify the standards for working paper documentation

    Evaluate whether a finding follows the simple rules of logical organization of a finding

 

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
 Financial, compliance and performance auditors.
 

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

+    The Four Principles of Happy Cash Flow 5 Online $39.99 View

The Four Principles of Happy Cash Flow

Cash is the most powerful asset your business can have. The Four Principles of Happy Cash Flow reveals four simple rules to keep the cash flowing through your business. In addition to these principles, the course covers such concepts as using profit margins, minimizing inventory, increasing volume, collecting money faster, and stretching vendor payments. The author offers advice and provides examples of businesses that use cash flow well so that you can learn from those businesses.

This course is an easy-to-understand guide for those who want to understand cash flow, who are planning to start a business, or who are looking to improve cash flow in their established businesses.

Course objectives include:

  • Recognize the benefits of generating cash flow
  • Identify the phases of the business cycle and where cash flow principles are best applied
  • Identify the first principle of Happy Cash Flow™
  • Identify the second and third principles of Happy Cash Flow™
  • Distinguish between metrics used to measure the speed of the cash conversion cycle
  • Identify methods to generate additional profits
  • Identify how successful companies apply the principles of Happy Cash Flow™ to generate cash flow
  • Apply the principles of Happy Cash Flow™ to service organizations and other industries
  • Identify techniques to collecting from customers faster
  • Identify techniques for minimizing inventory.
  • Identify techniques for stretching payments to vendors.
  • Identify the benefits and costs of cash flow projection
  • Identify the steps for creating a step-by-step cash flow forecast

 

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Professionals responsible for managing cash flow, receivables, payables, inventory, performance metrics, and budgets

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

 

 

+    Corporate Fraud Case Studies 2 Online $19.99 View

Introduction

Commonly referred to as “white collar” crime, corporate fraud is those illegal acts which are characterized by deceit, concealment, or violation of trust and which are not dependent upon the application or threat of physical force or violence.  These acts are committed by individuals and organizations to obtain money or services; or to secure personal or business advantage.  This course will recap several actual cases of corporate fraud as presented by the Federal Bureau of Investigations (FBI) and U.S. Department of Justice (DOJ).

In addition, you will be introduced to an organization known as the Fraud Deterrence Initiative and have the opportunity to read the story of an actual corporate fraud criminal.

The purpose of this course is to educate you through the presentation of the crimes of others in the hopes that their stories will provide you with additional insight in how you can prevent crime from occurring in your workplace or those of your clients.

 

 

Objectives

After completing this course, you should be able to

 

Recognize the Fraud Deterrence Initiative and the story behind how it got started

Identify the various corporate fraud cases which the FBI and DOJ has prosecuted.

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies