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Surgent’s Advanced Concepts in SSARS and Nonattest Services: Are You Certain You Are in Compliance? (SS21) (SSAA020/20)

By |2019-10-07T14:46:29-04:00June 30th, 2020||

Practitioners that provide non-audit services must strike the right balance between complying with relevant professional and regulatory standards, providing value- added client service, and mitigating litigation and other practice management risks. This course contains many case studies to reinforce best practices for managing the accounting, reporting, and performance issues associated with the attest services of compilations and reviews where reports are issued, as well as the SSARS preparation of financial statements service and other nonattest engagements.

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Surgent’s Advanced Concepts in SSARS and Nonattest Services: Are You Certain You Are in Compliance? (SS21) (SSAA022/20)

By |2019-10-17T03:39:24-04:00June 30th, 2020||

Practitioners that provide non-audit services must strike the right balance between complying with relevant professional and regulatory standards, providing value- added client service, and mitigating litigation and other practice management risks. This course contains many case studies to reinforce best practices for managing the accounting, reporting, and performance issues associated with the attest services of compilations and reviews where reports are issued, as well as the SSARS preparation of financial statements service and other nonattest engagements.

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Surgent’s Auditing Common Investments (Audit Skills Training – Level 3) (A3M5) (SSAA048/20)

By |2019-10-07T14:46:38-04:00June 30th, 2020||

Many small- and mid-size entities hold less complex investments, including 'plain vanilla' derivatives (such as interest rate swaps). This module will provide an overview for evaluating the proper recognition, measurement and disclosure of common investments types.

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Surgent’s Modified Audit Reports & Other Special Considerations (Audit Skills Training – Level 5) (A5M6) (SSAA064/20)

By |2019-10-07T14:46:39-04:00June 30th, 2020||

Audit reports may need to be modified from the standard unqualified audit report in various circumstances. This module discusses common circumstances leading to modified audit reports and other special considerations, such as initial or group audits.

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Surgent’s Internal Controls That Matter: Managing Risk With the Updated COSO Framework (COSF) (SSAA092/20)

By |2019-10-07T14:46:42-04:00June 30th, 2020||

Technological advances, cybersecurity threats, increased regulatory scrutiny, globalization, and other challenges have caused entities and auditors to struggle with proper consideration of the cost-benefit of internal controls, recognizing that a well-designed system does not have to prevent or detect all internal control deficiencies -- just ones that matter most to the entity's objectives related to financial reporting, compliance, operations and strategy. This course provides practical guidance on what a sound system of internal controls "looks like" and its impact on the reliability of financial statements, particularly for smaller entities. In addition, a broader discussion of enterprise-wide risk management will be discussed in accordance with COSO's Enterprise Risk Management - Integrated Framework.

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Surgent’s Compilations, Reviews, and Preparations: Engagement Performance and Annual Update (CRAU) (SSAA093/20)

By |2019-10-07T14:46:43-04:00June 30th, 2020||

Specifically designed for preparation, compilation, and review practitioners and their staff, this course will provide you with a comprehensive review and hands-on application for performing financial statement preparation, compilation, and review engagements. You will learn the ins and outs of SSARS No. 21, Clarification and Recodification. The course will also cover the changes that have occurred with the issuance of SSARS Nos. 22 and 23 with regard to compilation of pro forma financial information engagements, engagements on prospective financial information, as well as in other areas relevant to SSARS No. 21 engagements. Lastly, the course will perform a detailed review of the key provisions of the recently issued SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services - 2018. Not only will this course bring you up to date on SSARS requirements and guidance, but more importantly, it will provide you with practical examples and illustrations to help you effectively and efficiently perform these types of engagements. This course is intended to be your go-to reference for training your staff and managing your SSARS Nos. 21-24 services in compliance with professional, ethical, and technical requirements.

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Surgent’s Desired Traits of Entry-Level Auditors (Audit Skills Training: Level 1) (A1M2) (SSAA001/20)

By |2019-10-07T14:40:27-04:00June 30th, 2020||

A successful CPA Firm relies on star performers to perform effective and efficient audits. This relies on both sound technical skills, as well as 'soft' skills such as initiative, confidence, sound judgment, teamwork and other desired qualities in an audit professional.

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Surgent’s The Nature of Compilations, Reviews, and Audits (Audit Skills Training: Level 1) (A1M4) (SSAA003/20)

By |2019-10-17T02:16:32-04:00June 30th, 2020||

A CPA may perform attest services under relevant professional standards, including compilations, reviews and audits. Reviews and audits are also considered assurance services, providing either limited or reasonable assurance that financial statements are free of material misstatement. In addition, the CPA may perform non-attest services, such as bookkeeping or preparation of financial statements. CPAs must fully understand the professional responsibilities related to each of these varying levels of services, in order to effectively and efficiently satisfy engagement objectives.

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Surgent’s Auditing Accounts Receivable (Audit Skills Training – Level 2) (A2M2) (SSAA009/20)

By |2019-10-07T14:40:29-04:00June 30th, 2020||

Accounts receivable tends to carry higher risk of material misstatement due to the complexity and subjectivity involved with recognition, measure and valuation. In addition, revenue recognition is presumed to be a significant fraud risk. This module will explain tips and techniques for auditing common accounts receivable risks.

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Surgent’s Assessing Risk for a Higher Quality Audit (Audit Skills Training – Level 4) (A4M3) (SSAA054/20)

By |2019-10-07T14:40:31-04:00June 30th, 2020||

The biggest factors that lead to an effective and efficient financial statement audit are the properly identification, evaluation, and response to risk of material misstatement. Assessed risk of material misstatement leads to the generation of the nature, timing and extent of further audit procedures. This module will focus on how to enhance the engagement team brainstorming and discussions to leverage knowledge to create a high-quality and profitable audit approach.

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Surgent’s Performing Research – FASB Codification (Audit Skills Training – Level 4) (A4M7) (SSAA058/20)

By |2019-10-07T14:40:32-04:00June 30th, 2020||

Accountants need to know how to effectively and efficiently research technical accounting and financial reporting issues for preparation and fair presentation of financial statements in accordance with generally accepted accounting principles.

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Surgent’s Auditing Complex Investment Types (Audit Skills Training – Level 5) (A5M3) (SSAA061/20)

By |2019-10-07T14:40:34-04:00June 30th, 2020||

Entities may have more complex investments, such as non-readily marketable securities that trade in an inactive market or use unobservable inputs for fair value determination. This module discusses the key considerations when auditing common complex investment types.

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Surgent’s Key COSO Concepts: Managing Risk to Achieve Your Business Objectives (COS4) (SSAA091/20)

By |2019-10-07T14:40:37-04:00June 30th, 2020||

All successful entities, regardless of nature, size, and complexity, must have a well-designed and effectively operating system of internal controls over reliable financial reporting, in addition to managing other risks. This course will provide practical guidance on exactly what a sound system of internal controls "looks like" and the resulting impact on the reliability of financial statements, particularly for smaller entities. In addition, we will explore COSO's 2013 Internal Control - Integrated Framework that is used to better manage the unique and challenging risks of today's entities.

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Surgent’s Guide and Update to Compilations, Reviews, and Preparations (CRU4) (SSAA096/20)

By |2019-10-07T14:40:38-04:00June 30th, 2020||

Specifically designed for compilation, preparation, and review practitioners and their staff, this course will provide you with an overview, update, and hands-on application for performing compilation, preparation, and review engagements. You will learn the ins and outs of SSARS No. 21, Clarification and Recodification as well as other recent releases from the AICPA Lastly, the course will perform a detailed review of the key provisions of the recently issued SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services - 2018. Not only will this course bring you up to date on SSARSs requirements and guidance, but more importantly, it will provide you with practical examples and illustrations to help you effectively and efficiently perform compilation, preparation, and review engagements. This course will walk you through the content of The Essential SSARS Implementation Toolkit, which is a comprehensive resource to help ensure that you satisfy professional, ethical, and technical requirements for all SSARS Nos. 21-24 services.

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Surgent’s Proven Controls to Steer You Clear of Fraud (FFC4) (SSAA107/20)

By |2019-10-07T14:40:40-04:00June 30th, 2020||

Organizations that fall victim to fraud (and that is every organization in the world) have many controls in place to combat fraud. We will discuss means and methods to stop fraud and the controls that victim organizations employ to seek improvements for our organizations.

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Surgent’s Performing Effective and Efficient Compilations and Reviews (Audit Skills Training – Level 2) (A2M1) (SSAA008/20)

By |2019-10-07T14:47:57-04:00June 30th, 2020||

CPAs perform various attest and non-attest services for clients. This includes bookkeeping, preparing financial statements, compilations and reviews. This module will focus on managing the accountant's risks associated with performing various non-audit services.

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Surgent’s Auditing PP&E, Including Leases (Audit Skills Training – Level 2) (A2M3) (SSAA010/20)

By |2019-10-07T14:47:58-04:00June 30th, 2020||

Property, plant and equipment can range from low-risk to a high-risk audit area, depending on the nature of transaction and events engaged in by the reporting entity. Construction, capitalized interest and complex leasing arrangements tend to result in higher risk of material misstatement. This module will address tips and techniques for auditing PP&E for various assessed risk levels.

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Surgent’s Sampling Fundamentals (Audit Skills Training – Level 2) (A2M7) (SSAA043/20)

By |2019-10-07T14:48:00-04:00June 30th, 2020||

Sampling is an important method for determining the extent of testing controls, testing compliance, and tests of substantive details. It allows the audit to apply procedures to less than 100% of the population, yet extend results to project likely conclusions about the entire population. This module will describe the proper process for both attribute testing and variable sampling in financial statement and compliance audits.

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Surgent’s Responsibilities When Reviewing Workpapers (Audit Skills Training – Level 4) (A4M2) (SSAA053/20)

By |2019-10-07T14:48:01-04:00June 30th, 2020||

Audit documentation provides the principal support for an auditor's report. Therefore, it is critical for workpaper reviewers to perform quality control procedures to ensure that professional and regulatory standards are met. In addition, the workpaper review process should be used as a tool for professional development and promoting efficient audits. This module will provide the tips and tools for satisfying these important workpaper reviewer responsibilities.

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Surgent’s Internal Control Advanced Concepts (Audit Skills Training – Level 4) (A4M4) (SSAA055/20)

By |2019-10-07T14:48:02-04:00June 30th, 2020||

Internal controls are applied within an organization to satisfy objectives related to operations, compliance, and financial reporting. This module will provide practical analysis and tips for how a reporting entity can manage financial reporting risk in an effective and efficient way. This module will also differentiate the auditor's responsibilities for internal controls under Sarbanes Oxley, Government Auditing Standards and Single Audit Act requirements.

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