2025 Arizona Ethics
Title : 2025 Arizona Ethics
Instructors : Melisa Galasso
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.
-
More Info
Learning Objectives
- Recall the impact of interpretations issued by PEEC
- Identify changes to the independence standards
- Recall state laws, regulations and rules regarding the practice of public accounting
Level
UpdatePrerequisites
Prior experience with the Code of Professional Conduct
Advanced Preparation
None
2024 Yellow Book Update
Title : 2024 Yellow Book Update
Instructors : Melisa Galasso
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 .
-
More Info
Learning Objectives
- Recognize common Yellow Book deficiencies
- Recall the independence requirements in Yellow Book Learning Objectives
Level
IntermediatePrerequisites
Prior Experience with GAGAS
2024 Not-for-Profit Accounting Update
Title : 2024 Not-for-Profit Accounting Update
Instructors : Melisa Galsso
-
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
UpdatePrerequisites
Prior experience with nonprofit GAAP
2024 Governmental Auditing Update: Yellow Book & Uniform Guidance
Title : 2024 Governmental Auditing Update: Yellow Book & Uniform Guidance
Instructors : Melisa Galasso
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.
-
More Info
Learning Objectives
- Recognize changes to the Uniform Guidance
- Recall common deficiencies found related to Single Audits
- Recall the independence requirements in Yellow Book Identify the proper method of identifying and testing internal controls over compliance
Level
UpdatePrerequisites
Prior experience with GAGAS and the Uniform Guidance
2025 Oregon & AICPA Ethics Update
Title : 2025 Oregon & AICPA Ethics Update
Instructors : Melisa Galasso
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
-
More Info
Learning Objectives
- Recall OAR and ORS rules impacting CPAs
- Identify changes to the AICPA Code of Professional Conduct
Level
UpdatePrerequisites
None
Advanced Preparation
None
2024 Not-for-Profit Accounting and Auditing Update
Title : 2024 Not-for-Profit Accounting and Auditing Update
Instructors : Melisa Galaso
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.
-
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
UpdatePrerequisites
Prior experience with nonprofit financial reporting and GAGAS
Advanced Preparation
None
Common Deficiencies in SSARS Engagement
Title : Common Deficiencies in SSARS Engagements
Instructors : Melisa Galasso
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
-
More Info
Learning Objectives
- Describe common deficiencies identified in peer review
- Identify methods to improve quality
- Recognize root causes of noncompliance
Level
BasicPrerequisites
Experience with compilation and review engagements
Advanced Preparation
None
How to Audit: Cash
Title : How to Audit: Cash
Instructors : Jaclyn Veno
Cash is essential to every business, and is often one of the first accounts audit staff are exposed to. This course will cover the basics of auditing cash, including the related audit assertions, risks, & threats to the cash balance. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.
-
More Info
Learning Objectives
- Recall the audit assertions applicable to the cash balance
- Recognize the risks & threats related to the cash balance
- Identify substantive auditing procedures that are used to obtain comfort over cash
Level
BasicPrerequisites
None
Advanced Preparation
None
Audit and Attestation Update: What's Going on at the AICPA
Title : Audit and Attestation Update: What's Going on at the AICPA - 2024
Instructors : Melisa Galasso
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.
-
More Info
Learning Objectives
- Identify the potential impact of the SQMS standards on firms
- Recognize common audit deficiencies
- Recall the core elements of quality management
- Recall the changes to group audits
- Recognize the impact of the major projects of the ASB
Level
UpdatePrerequisites
Prior experience with GAAS
2025 Oregon Specific Ethics Update
Title : 2025 Oregon Specific Ethics Update
Instructors : Melisa Galasso
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
-
More Info
Learning Objectives
- Recall OAR and ORS rules impacting CPAs
Level
UpdatePrerequisites
Prior experience with the Code of Professional Conduct & Oregon statutes and regulations
Advanced Preparation
None