CPE & Event Catalog

Applying the new expected credit loss model.

Identify threats. Evaluating the significance of threats. Identify and apply safeguards. Evaluating the effectiveness of safeguards. Documenting threats and safeguards. Adverse interest threat. Advocacy threat. Familiarity threat. Management participation threat. Self-review threat. Undue influence threat.

Fraud studies and statistics. Fraudulent financial reporting risk factors. Misappropriation of assets. Auditing. Identifying and assessing risks. Assessment results response. Revenue recognition fraud. Disclosure failures. Studying fraud schemes.

Asset protection. Trusts. Divorce.

Introduction to asset protection. Insurance. Asset placement. Bankruptcy. Avoiding tax on debt cancellation and foreclosure. Divorce settlements and divisions. Protecting assets from old age and catastrophic illness, and more.

Financial tax planning. Deferral. Income splitting.

Financial tax planning. Deferral. Income splitting.

Audit documentation.

Red flags in financial and revenue reporting. Financial statement irregularities. Key financial ratios and benchmarks. Unusual accounting practices. Using analytics and trend analysis. Revenue recognition red flags.

Avoiding peer review deficiencies.

Red flags in financial and revenue reporting. Financial statement irregularities. Key financial ratios and benchmarks. Unusual accounting practices. Using analytics and trend analysis. Revenue recognition red flags, and more.

Common reasons for modifying audit opinions. Emphasis-of-matter or other-matter explanatory paragraphs. General audit procedures to identify relevant transactions and events impacting financial statement presentation and disclosure. Drafting relevant general footnotes, such as related party transactions, subsequent events, loss contingencies, and more. Improving the footnote drafting process.

Objective of financial reporting and Inter-relationships of financial statements and disclosures. Special purpose framework financial statements and the impact on audits. Types of audit reports, including reasons for modification. Financial statement drafting and issuance process. Performing a final quality control check before report release.

Audit skills.

Audit and attest quality matters.

Procedures for testing existence and valuation.

Auditing cash.

Areas of audit interest. Audit planning. Understand the contractor and its environment. Understanding audit risk. Understanding contractor controls. Materiality. Audit procedures specific to contractors. Auditing contractor estimates. Developing audit documentation.

Tips and techniques for obtaining sufficient appropriate audit evidence.

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