NOTE: Select 1-8 subject areas to create an full-day of content, depending on the extent of detail desired on each topic area.
Executive Summary of Recent Accounting Standard Updates
The Impact of COVID-19 on Accounting and Financial Reporting
Private Company GAAP Alternatives and Practical Expedients
Accounting for Financial Statement Uncertainty (Estimates, Contingencies, and Going Concern)
Going Concern Disclosures - The impact on all SSARS and SAS engagements
L-T Debt - Classification, Disclosure, and Debt Covenant Compliance
Leases - Before and After Topic 842
Revenue Recognition - Case Studies on the Impact of Topic 606
Accounting for Investments Under Evolving U.S. GAAP
Basics and Derivatives and Hedge Accounting
Business Combination Accounting, Including Goodwill
Basics of Variable Interest Entities
Impairment of Long-Lived Assets, Including Goodwill
Fair Value Measurement - Accounting and Disclosure Dilemmas
Financial Statement Disclosures Common to Nonpublic Entities
Statement of Cash Flows Preparation for Nonpublic Entities
Special Purpose Frameworks - Cash, Modified Cash, and Tax Basis
PCAOB and SEC Update
We have over fifty 2-hour topics related to both technical and “soft skills” that can be comprised into a multi-level, progressive training curriculum. This program is offered live, live webinar, or on-demand webcast. Contact us for more information! Following is a sampling of some of our more popular topics….
Performing an Effective and Efficient Audit
Implementing the Latest Audit Standards
The Four Basic Food Groups of Audits - Satisfying Your Audit Risk Appetite
Critical Traits of a Thinking Auditor
Professional Skepticism - Case Studies of Identifying Material Fraud and Error
Preparing and Reviewing Workpapers - Essential Tips for Avoiding Deficiencies
Leveraging Analytical Procedures to Their Fullest on Audits
The Most Common Analytics Use to Interpret Financial Statement Results
Auditing the Propriety of Estimates and Other Areas of Subjectivity
Strengthening Inquiry Skills - Gathering the Information You Need on Audits
Satisfying and Auditor’s Obligation to Evaluate the Design and Implementation of Internal Controls
Avoiding Common Sampling Mistakes on Financial Statement and Compliance Audits
Who is Exactly Responsible for What on Group Audits?
General Audit Procedures and Common Disclosures
Managing the Black Holes of Client and Engagement Management
Best Practices for Supervising and Managing Engagement Teams
Critical Internal Control Concepts for Managing Financial Reporting Risks
Evaluating the Design and Implementation of Controls
Testing the Operating Effectiveness of Controls
Identifying and Communicating Internal Control Deficiencies
Performing and Effective and Efficient Integrated Audit
Essential Governance - Best Practices for Enterprise-Wide Risk Management
Current Fraud Trends In Today’s Environment
Technology Risks and Trends Every CPA Should Know
Professional Ethical Considerations for CPAs
General Ethics for Business Professionals
VA State Approved Ethics
Recent Changes in Nonprofit Financial Reporting
Current Issues in Yellow Book and Single Audit Engagements
Frequently Asked Questions in Applying SSARS
Avoiding Peer Review Deficiencies in SAS, SSARS, and SSAE Engagements
Mitigating Malpractice Risk When Performing Nonaudit Services for Clients
Third-Party Verification (Comfort) Requests
Grow Your Business from Within - How to Deliver Maximum Value on Every Engagement
Thinking Like an Auditor When Preparing Financial Statements
How to Evaluate When You (the Client) Are Getting the Most for Your Audit Dollars
Explain the Financial Statement Audit Process to the Nonauditor
How Internal Auditors Can Be Leveraged in External Audits
Make It Happen! A Disciplined Approach to Getting Things Done
Adjusting to Varying Personality Styles for Improved Communication and Performance
Coaching the Next Generation of CPAs
Striking the Right Balance Between Leadership and Management