Auditing

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

By |2020-05-07T07:53:51-04:00June 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.

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

Surgent’s Assessing Fraud Risk in a Financial Statement Audit (Audit Skills Training – Level 3) (A3M2) (SSAA045/20)

By |2020-05-07T07:53:55-04:00June 30th, 2020||

The financial statement auditor's overall responsibility is to obtain sufficient appropriate audit evidence to obtain reasonable assurance as to whether the financial statements are materially misstated due to fraud or error. The difficulty is that ...

Comments Off on Surgent’s Assessing Fraud Risk in a Financial Statement Audit (Audit Skills Training – Level 3) (A3M2) (SSAA045/20)

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

By |2020-05-07T07:53:56-04:00June 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.

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

Surgent’s Fraud in Smaller and Mid-Size Environments (Audit Skills Training – Level 4) (A4M1) (SSAA052/20)

By |2020-05-19T12:36:00-04:00June 30th, 2020||

Fraud involves an intentional act to deceive, which may result in material misstatement in the financial statements due to fraudulent financial reporting or misappropriation of assets. Management's responsibility is to design, implement, maintain and...

Comments Off on Surgent’s Fraud in Smaller and Mid-Size Environments (Audit Skills Training – Level 4) (A4M1) (SSAA052/20)

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

By |2020-05-07T08:05:39-04:00June 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...

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

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

By |2020-05-07T08:05:40-04:00June 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...

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

Surgent’s Auditing Basic Inventory — Performing Observations (Audit Skills Training – Level 2) (A2M4) (SSAA021/20)

By |2020-05-07T08:05:42-04:00June 30th, 2020||

The nature of goods classified as inventory varies widely with the nature of the entity and industry. Depending on the complexity of the inventory and the related pricing model, risk of material misstatement will vary widely as well. This module wi...

Comments Off on Surgent’s Auditing Basic Inventory — Performing Observations (Audit Skills Training – Level 2) (A2M4) (SSAA021/20)

Surgent’s Financial Statement Fundamentals (Audit Skills Training – Level 2) (A2M8) (SSAA044/20)

By |2020-05-07T08:05:43-04:00June 30th, 2020||

The ultimate objective of a financial statement audit is to issue an auditor's report. This module provides tips and techniques necessary for issuing and reporting on high quality financial statements prepared under U.S. GAAP or a special purpose framework.

Comments Off on Surgent’s Financial Statement Fundamentals (Audit Skills Training – Level 2) (A2M8) (SSAA044/20)

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

By |2020-05-07T08:05:44-04:00June 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 ris...

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

Surgent’s Auditing Impairment of Long-Lived Assets (Audit Skills Training – Level 5) (A5M4) (SSAA062/20)

By |2020-05-07T08:05:45-04:00June 30th, 2020||

Long-lived assets may be either finite or indefinite lived, tangible or intangible in nature. The carrying value of these long-lived assets should be evaluated at each measurement date to determine whether there is an impairment loss necessary due t...

Comments Off on Surgent’s Auditing Impairment of Long-Lived Assets (Audit Skills Training – Level 5) (A5M4) (SSAA062/20)

Surgent’s Accounting and Auditing Update (Audit Skills Training – Level 6) (A6M4) (SSAA067/20)

By |2020-05-07T08:05:46-04:00June 30th, 2020||

Both public and private CPAs must be up-to-date on changes to various potentially relevant standards, including: U.S. GAAP, audits of nonissuers, compilations and reviews. This module provides recent and proposed changes to relevant professional and regulatory standards.

Comments Off on Surgent’s Accounting and Auditing Update (Audit Skills Training – Level 6) (A6M4) (SSAA067/20)

Surgent’s Winning the Fraud Battle in the 21st Century: Prevention and Detection (CFVV) (SSAA084/20)

By |2020-05-07T08:05:48-04:00June 30th, 2020||

Our focus is to reduce the overall risk of fraud. To that end, this course focuses on what factors contribute to turning honest employees into fraudsters. Discussion will include integrity and ethics, as well as how people may react in certain situat...

Comments Off on Surgent’s Winning the Fraud Battle in the 21st Century: Prevention and Detection (CFVV) (SSAA084/20)

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

By |2020-05-13T08:47:08-04:00June 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 wel...

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

Surgent’s Properly Identifying, Evaluating and Documenting Results of Presumed Risk Assessment Audit Procedures (IEDC) (SSAA122/20)

By |2020-05-13T08:49:06-04:00June 30th, 2020||

Recent auditing standards have emphasized the initial information gathered and important conclusions reached during risk assessment procedures to identify and evaluate risk of material misstatement in a financial statement audit. These important proc...

Comments Off on Surgent’s Properly Identifying, Evaluating and Documenting Results of Presumed Risk Assessment Audit Procedures (IEDC) (SSAA122/20)

Surgent’s Accounting, Audit, and Attest Update for Practitioners with Small-Business Clients (SMBP) (SSAA018/20)

By |2020-05-07T07:56:50-04:00June 30th, 2020||

Specifically tailored for practitioners who do not perform audits, but provide other attest and non-attest services to small and medium-sized businesses, this course is a comprehensive update covering recently issued accounting, compilation, and revi...

Comments Off on Surgent’s Accounting, Audit, and Attest Update for Practitioners with Small-Business Clients (SMBP) (SSAA018/20)

Surgent’s Financial Reporting Complex Issues (Audit Skills Training – Level 3) (A3M8) (SSAA051/20)

By |2020-05-07T07:56:52-04:00June 30th, 2020||

Each set of financial statements and auditor's report thereon must properly address the unique circumstances of the specific reporting entity's circumstances. This module provides guidance for properly altering financial statements and audit reports for certain complex transactions and events.

Comments Off on Surgent’s Financial Reporting Complex Issues (Audit Skills Training – Level 3) (A3M8) (SSAA051/20)

Surgent’s Special Audit Engagements Requiring Contractual or Regulatory Reporting (Audit Skills Training – Level 5) (A5M7) (SSAA065/20)

By |2020-05-07T07:56:53-04:00June 30th, 2020||

There are many situations in which a financial statement auditor is also asked to report on compliance. Some compliance audits are required by law, regulation, contract or agreements. Other reports are requested to provide negative assurance about ...

Comments Off on Surgent’s Special Audit Engagements Requiring Contractual or Regulatory Reporting (Audit Skills Training – Level 5) (A5M7) (SSAA065/20)

Surgent’s Reviewing Workpapers – Avoiding Deficient Audits (Audit Skills Training: Level 6) (A6M1) (SSAA066/20)

By |2020-05-07T07:56:54-04:00June 30th, 2020||

Upper-level reviewers have significant responsibilities for ensuring high quality audit engagements. Unfortunately, deficient audits have serious negative consequences for both the CPA firm and the profession as a whole. This module highlights the ...

Comments Off on Surgent’s Reviewing Workpapers – Avoiding Deficient Audits (Audit Skills Training: Level 6) (A6M1) (SSAA066/20)

Surgent’s A&A Hot Topics: Getting a Grasp on the Big Issues (AAYR) (SSAA071/20)

By |2020-05-13T08:44:04-04:00June 30th, 2020||

With so much going on in the Accounting, Compilations and Review, and Auditing arena lately, it's easy to have missed some of the more important issues and challenges facing the profession today and into the near future. This course, designed for acc...

Comments Off on Surgent’s A&A Hot Topics: Getting a Grasp on the Big Issues (AAYR) (SSAA071/20)

Surgent’s Annual Auditing Update (AUU4) (SSAA083/20)

By |2020-05-07T07:56:56-04:00June 30th, 2020||

Designed for accounting, audit and attestation practitioners at all levels in both public accounting and business and industry, this course provides an overview of the new and recent pronouncements and guidance issued by the AICPA Auditing Standards ...

Comments Off on Surgent’s Annual Auditing Update (AUU4) (SSAA083/20)