search

The course will start off with a look at the Accounting Standard Updates (ASUs) issued by the FASB that will be effective in 2024 as well as those that may be great for early adoption. The course will also review year 2 issues in lease accounting including how to handle lease modifications. We'll then turn our attention from accounting to auditing where we will cover the audit standards coming down the pike including group audit and quality management.

Field(s) of Study: Auditing , Accounting
  • More Info

    Learning Objectives

    • Recognize changes to financial reporting effective in 2024
    • Identify the requirements for lease modification accounting
    • Identify changes to the requirements for group audits
    • Recall the impact of quality management on A&A practices

    Level

    Update

    Prerequisites

    Prior experience with GAAP and GAAS

    Advanced Preparation

    None

  • Events
    April 1, 2025 @ 9:00 AM - ET 2024 Accounting and Auditing Update
Show less keyboard_arrow_up

For many small businesses, the standards issued by the FASB may have little to no effect as they impact topics that do not reflect the type  of transactions that these entities most frequently experience. This class will focus on the Accounting Standards Updates (ASUs) that are most likely to impact small businesses with a focus on ASUs initiated by the Private Company Council (PCC). We'll then look at alternative reporting options to GAAP including FRF for SMEs and IFRS for SMEs for entities who don't necessarily need to prepare GAAP financial statements but want to use accrual accounting. Finally, we will transition to audit standards that small business auditors will need to implement. 

Field(s) of Study: Auditing , Accounting
Show less keyboard_arrow_up

Stay ahead of the curve with this comprehensive ethics update, focusing on the latest developments from the AICPA's Professional Ethics Executive Committee (PEEC). The PEEC has been active recently, issuing new guidance and updating existing rules. In this session, we'll explore the most impactful changes, including updates on fees, recruiting, CPE, and NOCLAR (noncompliance with laws and regulations). CPAs in both industry and public accounting will gain the insights needed to stay compliant in an evolving regulatory environment. We'll also provide a peek at key projects PEEC is expected to finalize soon, ensuring you're prepared for what's next.

Promotional Snippet

Field(s) of Study: Regulatory Ethics
Show less keyboard_arrow_up

Stay ahead of the curve with this VBOA-approved ethics course designed to meet Virginia's ethics requirements while keeping you informed on the latest developments at the AICPA. The Professional Ethics Executive Committee (PEEC) has been active recently, issuing new guidance and updating existing rules. In this session, we'll explore the most impactful changes, including updates on fees, recruiting, CPE, and NOCLAR (noncompliance with laws and regulations). CPAs in both industry and public accounting will gain the insights needed to stay compliant in an evolving regulatory environment. We'll also provide a sneak peek at key projects PEEC is expected to finalize soon, ensuring you're prepared for what's next.

Promotional Snippet

Field(s) of Study: Regulatory Ethics
Show less keyboard_arrow_up

This course is designed to meet the four-hour ethics CPE requirements mandated by the state law in which the course is offered. We'll start the session with a review of key areas of the Arizona Administrative Rules for CPE and Professional Conduct. Then we'll review the key Arizona Revised Statutes relating to licensing and registration. We'll then transition to the AICPA ethics standards as the Professional Ethics Executive Committee (PEEC) of the AICPA has been very busy issuing new and updating existing ethics rules. This course will provide an overview of ethics rules that are recently issued and soon to be effective. CPAs in both industry and public accounting need to know these to be compliant. 

Field(s) of Study: Regulatory Ethics
Show less keyboard_arrow_up

Yellow Book & UNI Guidance  Yellow Book and Single Audit engagements are considered must-select engagements for Peer Review. This course will cover the Yellow Book independence requirements which are required any time an auditor is performing a Yellow Book or Single Audit, even when the engagement is for a for-profit entity. We'll take a look at the major changes in the 2024 Compliance Supplement as well as the changes to the Uniform Guidance. We'll close with major deficiencies identified by the federal agencies and peer reviewers. Identify changes to single audits as a result of the 2024 Compliance Supplement Describe the changes to Chapter 5 of Yellow Book.

Field(s) of Study: Auditing
Show less keyboard_arrow_up

This course begins with a look at the GASB standards effective this year, including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We'll include practical application of the topics in the form of case studies. 

Field(s) of Study: Accounting Governmental
  • More Info

    Learning Objectives

    • Recall the impact of GASB 100 and 101 on financial reporting for governments 
    • Recall the impact of standards effective in 2024 Learning Objectives    

    Level

    Update

    Prerequisites

    Prior experience with governmental financial reporting

    Advanced Preparation

    None

  • Events
    April 8, 2025 @ 1:00 PM - ET Governmental GAAP Update - 2024
Show less keyboard_arrow_up

The Not-for-Profit Advisory Committee has been busy discussing several projects that the FASB is working on and their impact on nonprofits. In

this course, we will review the key issues and discussions from recent NAC meetings. We'll also take a look at ASUs issued by the FASB that may impact nonprofit financial statements. After a break, we then transition from accounting to auditing with a look at the common deficiencies found in nonprofit Yellow Book audits with a focus on CPE, reporting, and independence.

Field(s) of Study: Auditing Governmental , Accounting Governmental
  • More Info

    Learning Objectives

    • Recall the impact of ASUs on nonprofit organizations
    • Recall the activities of the nonprofit advisory committee
    • Identify common deficiencies in Yellow Book Engagements
    • Recall the independence requirements in Yellow Book

    Level

    Update

    Prerequisites

    Prior experience with nonprofit financial reporting and GAGAS

    Advanced Preparation

    None

  • Events
    April 7, 2025 @ 9:00 AM - ET 2024 Not-for-Profit Accounting and Auditing Update
Show less keyboard_arrow_up
The Not-for-Profit Advisory Committee (NAC) has been meeting with FASB to discuss the impact of various standards on the nonprofit community. In this course, we will explore the work of the NAC and the impact they've had. We then transition to the Accounting Standards Updates (ASUs) issued by the FASB that are impacting nonprofit entities, including a review of year 2 issues with respect to the leases standard including modification accounting. We will close with a look at common deficiencies found in nonprofit financials.
Field(s) of Study: Accounting Governmental
  • More Info

    Learning Objectives

    • Recall the impact of ASUs on nonprofit organizations
    • Recall the activities of the nonprofit advisory committee
    • Identify the financial reporting impact of modification of lease contracts
    • Identify common deficiencies in nonprofit accounting
    • Recall proper accounting for common deficiencies found in nonprofit financial reporting

    Level

    Update

    Prerequisites

    Prior experience with nonprofit GAAP

  • Events
    April 3, 2025 @ 12:00 PM - ET 2024 Not-for-Profit Accounting Update
Show less keyboard_arrow_up

2024 NOT-FOR-PROFIT GAAP UPDATE This course will review the Accounting Standard Updates issued by the FASB that impact nonprofit entities. We will also look at the work of the Not-for-Profit Advisory Committee (NAC) and the projects they are advising the FASB on. 

Field(s) of Study: Accounting Governmental
  • More Info

    Learning Objectives

    • Recall the impact of ASUs on nonprofit organizations
    • Recognize the activities of the nonprofit advisory committee Learning Objectives Field of Study

    Level

    Update

    Prerequisites

    Prior experience with nonprofit GAAP

    Marketing Info


  • Events
    April 9, 2025 @ 1:00 PM - ET 2024 Not-for-Profit GAAP Update
Show less keyboard_arrow_up

Although Oregon no longer mandates an Oregon-specific ethics course for annual CPA license renewal, understanding the rules CPAs must follow remains essential. This course provides a comprehensive review of the Oregon Administrative Rules (OAR) and Oregon Revised Statutes (ORS) that directly affect Oregon CPAs. Additionally, we’ll explore recent updates to the AICPA Code of Professional Conduct, ensuring you stay informed about the latest developments in ethics and independence standards. Equip yourself with the knowledge to navigate these critical rules and maintain the highest professional standards. 

Promotional Snippet

Field(s) of Study: Regulatory Ethics
Show less keyboard_arrow_up

Oregon may no longer require a specific ethics course for annual CPA license renewal, but understanding the rules governing the profession is still essential. This course provides a thorough review of the Oregon Administrative Rules (OAR) and Oregon Revised Statutes (ORS) that directly impact Oregon CPAs, equipping you with the knowledge to stay compliant and uphold professional standards. 

Promotional Snippet

Field(s) of Study: Regulatory Ethics
Show less keyboard_arrow_up

This course will start with a review of the impact of the 2024 Compliance Supplement on Single Audits as well as the changes to the Uniform Guidance. We will also review common audit deficiencies found in Single Audits.

Field(s) of Study: Auditing Governmental
  • More Info

    Learning Objectives

    • Identify changes to single audits as a result of the 2024 Compliance Supplement
    • Recognize changes to the Uniform Guidance
    • Identify the proper method of identifying and testing internal controls over compliance
    • Recall common deficiencies found related to Single Audits

    Level

    Update

    Prerequisites

    Prior experience with the Uniform Guidance

    Advanced Preparation

    None

  • Events
    April 14, 2025 @ 1:00 PM - ET 2024 Single Audit Update
Show less keyboard_arrow_up

More and more entities need Yellow Book engagements, including a growing number of for-profit entities. In this course, we will review the unique independence requirements in GAGAS. We'll also review the recent changes to quality management in Yellow Book. We'll close with a reminder of common deficiencies found in Yellow Book engagements. Describe the changes to Chapter 5 of Yellow Book .

Field(s) of Study: Auditing Governmental
Show less keyboard_arrow_up

Sampling is often identified as a common audit deficiency in peer review. This course will review when is sampling applicable and basics of planning a sample. We'll then focus on the application of sampling in financial statement audits with a look at sampling for substantive procedures. We'll look at the use of monetary unit sampling and tools that can be leveraged to reduce bias in sampling.

Field(s) of Study: Auditing
Show less keyboard_arrow_up

Building on Part 1, this course will review the application of sampling in financial statement audits with a focus on sampling for tests of controls. We'll also review the requirements for sampling in Single Audits with a focus on tests of controls and tests of compliance. 

Field(s) of Study: Auditing
Show less keyboard_arrow_up

Environmental, Social and Governance (ESG) has become a hot topic among standard setters. This session will look at the work of the FASB, GASB, and AICPA in the areas of ESG. We’ll also look at the types of engagements CPAs can provide to entities who want assurance around their ESG reporting.

Field(s) of Study: Auditing , Accounting
Show less keyboard_arrow_up

Bitcoin and crypto have been in the news recently for a variety of reasons. This course will cover the basics of accounting and auditing for cryptocurrency including recent standard setting by the FASB as well as a look at the AICPA's Accounting for and Auditing of Digital Assets practice aid.

Field(s) of Study: Auditing
Show less keyboard_arrow_up

The Enhancing Audit Quality Initiative has identified inadequate or nonexistent audit documentation as one of the most significant issues facing the profession today. Over half of the engagements reviewed by the AICPA failed to meet the requirements of AU-C 230, highlighting a critical need for improvement.

This course addresses common misconceptions about audit documentation and provides actionable strategies to overcome these deficiencies. Attendees will learn best practices to ensure compliance with professional standards, enhance audit quality, and mitigate risks associated with poor documentation. Whether you are an experienced professional or new to auditing, this course will help you strengthen your documentation practices and uphold the highest standards of the profession.

Promotional Snippet

Field(s) of Study: Auditing
Show less keyboard_arrow_up

Fraud is constantly in the news. Whether its employee retention credit mills, FTX, the City of Dixon, it appears like fraud is everywhere. We'll start this session with a review of the common fraud schemes as identified in the 2024 Report to the Nations. We'll also review the commonalities of fraudsters. We'll then look at methods of prevention. We'll close with a look at the auditor's responsibility for the consideration of fraud in AU-C 240.

Field(s) of Study: Auditing
Show less keyboard_arrow_up

Maintaining independence and adhering to strict ethical standards are essential for professionals in governmental auditing. The Government Accountability Office’s (GAO) Yellow Book sets the benchmark for ethics and independence in this field, forming the foundation of professional compliance. This course provides a focused review of key principles and independence requirements, equipping participants with the tools to identify and mitigate common risks of noncompliance. Through practical guidance and real-world examples, attendees will learn to uphold the highest ethical standards and ensure independence in governmental auditing.

Promotional Snippet

Field(s) of Study: Regulatory Ethics
Show less keyboard_arrow_up

The AICPA's Auditing Standards Board has several large projects that will be impacting entities in the near future. We'll take a deep dive into the changes related quality management as well as group audits. We'll also review common audit deficiencies. This course will keep auditors up to date on the work of the ASB.

Field(s) of Study: Auditing
Show less keyboard_arrow_up

Prior to the COVID-19 pandemic, telework was not often embraced as a form of employment. As the pandemic declines, organizations are beginning to experience the benefits of remote work and are reevaluating hiring practices to offer more telework and hybrid work options, not simply as a result of an emergency. This course will review various telework options and best practices for success.

Field(s) of Study: Business Management & Organization
Show less keyboard_arrow_up

AU-C Section 230 requires that auditors maintain sufficient audit documentation throughout the engagement. Audit documentation is essential, as it serves as the evidence that auditors performed appropriate procedures to support their opinion on the financial statements. This course will cover the basis and best practices of audit workpapers and proper audit documentation, as well as the common deficiencies in audit documentation. 

Field(s) of Study: Auditing
Show less keyboard_arrow_up

This course will serve as an introduction to conducting effective walkthroughs to gain an understanding of the client's transaction processes as well as identifying internal controls within each process. This course will review the procedures, questions to ask, and documentation requirements of walkthroughs. It will also include real-world examples of the red flags that may arise while executing a walkthrough.

Field(s) of Study: Auditing
Show less keyboard_arrow_up

Obligating Coronavirus State and Local Fiscal Recovery Funds (SLFRF) by December 31, 2024 is essential to ensure a recipient does not have to return funds to the Treasury. There are a number of requirements to properly obligate SLFRF funds and opportunities to make changes to projects after the obligation deadline. In this course, we will define what an obligation is under SLFRF, review guidance from the Treasury, learn how to meet the SLFRF obligation deadline in multiple areas, and identify when changes can be made to estimates, contracts, and subawards after the obligation deadline.


Field(s) of Study: Finance
Show less keyboard_arrow_up

Introducing: Melissa Critcher


During this presentation, the most common mistakes made by employee benefit plan auditors, as well as, plan sponsors will be identified. Best practices for handling specific issues that arise during the course of the engagement will also be explored. This discussion will help auditors recognize potential pitfalls in audit procedures/documentation and assist plan sponsors with compliance issues.

Field(s) of Study: Auditing
  • More Info

    Learning Objectives

    • Identify and address common peer review issues
    • Recognize and avoid mistakes made by plan sponsors
    • Apply best practices to prevent audit mistakes

    Level

    Intermediate

    Prerequisites

    Knowledge of and experience with Employee Benefit Plan audits

    Advanced Preparation

    None

  • Events
    April 23, 2025 @ 10:00 AM - ET Common Deficiencies in EBP Audits
Show less keyboard_arrow_up

While SSARS 21 has been around for nearly a decade, preparation, compilation and review engagements continue to be a hot topic for peer review. This course will concentrate on the most common peer review findings with a focus on how to comply in an efficient but practical perspective. This course will discuss the root cause of noncompliance so that overall engagement quality increases.

Key Topics:

*  Compilation and review engagements

*  Peer review

Promotional Snippet

Field(s) of Study: Auditing
Show less keyboard_arrow_up

This course will review focus areas for peer review of Single Audits and Yellow Book engagements. We discuss the requirements for major program determination, testing compliance, testing internal controls over compliance, sampling, and reporting for Single Audits. We also address Yellow Book CPE and independence requirements. In addition to providing an overview of the common deficiencies and key trends identified by the AICPA, this course will also provide best practices for how entities can properly perform procedures in these areas. 

Field(s) of Study: Auditing Governmental
Show less keyboard_arrow_up

This course provides an in-depth exploration of AU-C 240, Consideration of Fraud in a Financial Statements Audit. Participants will gain practical insights into identifying, assessing, and responding to fraud risks within the context of financial statement audits. Through engaging lectures, real-world examples, and case studies, the course examines the nature and characteristics of fraud, including fraudulent financial reporting and misappropriation of assets. It also delves into the auditor's responsibilities under AU-C 240 for planning and performing audits with fraud considerations, techniques for identifying fraud risk factors and assessing risks of material misstatement, and methods for designing and implementing effective audit procedures. Additionally, participants will explore best practices for communicating and documenting findings related to potential or identified fraud. Ideal for auditors at all experience levels, this course equips attendees with the knowledge and tools necessary to navigate fraud-related complexities and maintain audit integrity.

Promotional Snippet

Field(s) of Study: Auditing
Show less keyboard_arrow_up