South Carolina Association of CPAs

(LIAA55R/27) Testing Internal Controls – Exploring Strategies for Verifying Operating Effectiveness - Rebroadcast
2027-04-21 14:50 - 16:30 (America/Detroit)
Event Description
Properly designed and effectively operating internal control over financial reporting is critical for preventing, or detecting and correcting, material misstatement. This module will describe how to satisfy the audit requirements related to taking a control reliance strategy by testing the operating effectiveness of internal controls, while promoting an effective and efficient financial statement audit.
Objectives

List generally accepted audit requirements related to testing controls for operating effectiveness.
Explain how to evaluate the results of a control reliance test for operating effectiveness.
Recall the use of Service Organization Control (SOC1) Reports on a financial statement audit.
Identify the impact of a control reliance strategy on the detailed audit plan.

(LIMG02R/27) Supervisor Skills - Coaching Staff to Stay on the Right Track - Rebroadcast
2027-04-21 13:00 - 14:40
Event Description
Being a successful coach requires tackling various responsibilities, including motivating, providing positive and constructive feedback, and otherwise getting the best performance out of engagement team members in the given situation. This module provides tips and techniques for critical coaching responsibilities.
Objectives

Recall how to motivate teams for engagement success
Explain the appropriate use of different coaching styles appropriately matched to the circumstances
Describe a process for engaging in difficult conversations
Recall a process for giving constructive feedback and creating professional development plans

(LITE17/27) Current Cybersecurity Risk Management Trends
2027-04-21 10:20 - 12:00
Event Description
One of the top concerns of any organization’s leadership is how to mitigate the risk of cybersecurity threats, along with the prevention and detection of fraud. This course will focus on the most common cybersecurity vulnerabilities and fraud trends, and best practices for managing them.
Objectives

Recall the most common cybersecurity threats and protections.
Describe ways to protect data.
Explain resources available for designing and implementing a cybersecurity risk management program.

(LIAA20R2/27) Auditing Bits in BytesTM – Segment 5: Performing Meaningful Substantive Testing - Rebroadcast
2027-04-21 08:30 - 10:10
Event Description
This series will provide valuable tips and techniques from an experienced auditor to successfully design and perform financial statement audits in “real-life” circumstances. Practical understanding of principles and standards can result in a high-quality, insightful, and profitable engagement.
Objectives

Describe how to perform the substantive audit procedures comprising the detailed audit plan
Explain common deficiencies in performing and documenting further audit procedures, including both tests of details and substantive analytic procedures
Apply professional judgment and best practices for an effective and efficient audit

(LITE10R2/27) MFA + Password Manager Rollout Plan - Rebroadcast
2027-04-20 09:30 - 10:20
Event Description
Create a clear, practical roadmap for implementing multi-factor authentication and password managers across your organization. This course outlines best practices, common adoption challenges, and rollout strategies to strengthen security while minimizing user resistance.
Objectives
Apply one control improvement; reduce common attack/fraud risks; validate steps. Apply cybersecurity and data protection controls to reduce breach and fraud risk. Use AI and analytics responsibly with verification, documentation, and confidentiality safeguards.

(LITE07R/27) Vendor Payment Controls (BEC Prevention) - Rebroadcast
2027-04-14 09:30 - 10:20
Event Description
Protect your organization from costly business email compromise (BEC) fraud by strengthening vendor payment controls. This course highlights common risk points, red flags, and practical control measures to prevent fraudulent payment requests and safeguard financial operations.
Objectives

Identify common business email compromise (BEC) fraud schemes and related payment request red flags.
Apply verification procedures and internal controls to detect and prevent fraudulent vendor payment requests.
Strengthen vendor payment processes to reduce fraud risk and protect organizational assets.

(LITE14R/27) Client Data Handling Quick Audit - Rebroadcast
2027-04-14 08:30 - 09:20
Event Description
Quickly assess how client data is collected, stored, shared, and protected across your organization. This course provides a practical, checklist-based audit to identify gaps, reduce risk, and strengthen data handling practices without overcomplicating the process.
Objectives
Apply one control improvement; reduce common attack/fraud risks; validate steps. Design practical policies (WISP/AI) and implementation checklists for teams and vendors. Apply cybersecurity and data protection controls to reduce breach and fraud risk.

(LITE09R/27) AI Clinic: Policy-Compliant Use Cases for Firms - Updated 2027
2027-04-13 09:30 - 10:20
Event Description
Learn how firms are using AI in practical, policy-aligned ways that support efficiency without increasing risk. This clinic highlights real-world use cases that respect confidentiality, professional standards, and firm governance. You’ll leave with clear examples your organization can adapt confidently and responsibly.
Objectives
Apply AI to a real workflow; verify results; document safe use. Strengthen incident response readiness and communication workflows. Design practical policies (WISP/AI) and implementation checklists for teams and vendors.

(LITE02R/27) AI Clinic: Drafting Client Emails with Safe Prompts - Updated 2027
2027-04-13 08:30 - 09:20
Event Description
Learn how to use AI to draft clear, professional client emails while protecting confidentiality and avoiding risk. This clinic walks through practical, ready-to-use prompts that help you save time without sacrificing accuracy or tone. You’ll leave with examples you can confidently apply to everyday client communications.
Objectives
Apply AI to a real workflow; verify results; document safe use. Design practical policies (WISP/AI) and implementation checklists for teams and vendors. Use AI and analytics responsibly with verification, documentation, and confidentiality safeguards.

(LIAA63/27) Inventory Observation - Cretaceous Conservatory Simulation
2027-04-08 13:00 - 15:30
Event Description
Step into the heart of the Cretaceous Conservatory for an unforgettable inventory observation adventure! In this immersive simulation, you’ll travel to a remote island where the inventory isn’t just counted, it’s alive. As an auditor responsible for ensuring accuracy in the company’s dinosaur-development operations, you’ll face wild risks, navigate complex inventory procedures, and confront the unexpected.
Through hands-on scenarios, you’ll learn to identify misstatements, evaluate unique inventory challenges, and apply standard observation techniques all while staying one step ahead of potential disaster. Can you survive the wilds of the Cretaceous and emerge as the ultimate inventory explorer, or will the risks prove too much to handle?
Objectives

Recognize potential risks associated with inventory misstatements that an auditor should be aware of during an observation.
Recall the standard procedures for observing and counting inventory during a physical inventory count.
Identify key documentation required before, during, and after an inventory observation.
Identify sufficient, appropriate inventory observation selections through identification of individually significant items and sampling methodology.
Recall potential risks associated with inventory or unique inventory situations.
Identify responses to risks and variances identified during an inventory observation.

(LIAA62/27) Internal Control Fundamentals
2027-04-08 10:20 - 12:00
Event Description
AU-C Section 315 requires the auditor to gain an understanding of the entity and its environment and the entity’s internal controls in order to design appropriate audit procedures. This course will review the key requirements of COSO which is one of the most widely used internal control frameworks. We’ll also review the limitations of internal controls. Additionally, this course will introduce the risk assessment process and the various audit procedures to evaluate controls and to determine whether to test the operating effectiveness of controls.
Objectives

Recognize the five components of COSO.
Recall the limitations of internal controls.

(LIAA50R/27) Common Yellow Book & Single Audit Deficiencies - Rebroadcast
2027-04-07 10:20 - 13:40
Event Description
Yellow Book and Single Audit engagements are routinely selected for peer review and continue to be areas of heightened scrutiny by peer reviewers and federal oversight agencies. This course examines common deficiencies identified in GAGAS and Single Audit engagements, with a focus on understanding why these issues arise and how they can be avoided.
Participants will review frequent deficiencies related to Yellow Book requirements issued by the U.S. Government Accountability Office, including independence, CPE, and reporting considerations. The course also addresses common Single Audit deficiencies, including internal controls over compliance, compliance testing, and major program determination.
Designed for auditors performing Yellow Book and Single Audit engagements, this course helps participants recognize recurring problem areas and better understand the requirements that continue to drive peer review findings.
Objectives

Identify common deficiencies identified in Yellow Book engagements.
Recall independence requirements applicable under the Yellow Book.
Identify common deficiencies identified in Single Audit engagements.

(LIAA61/27) Best Practices: Conducting Meaningful Walkthroughs
2027-04-07 08:30 - 10:10
Event Description
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.
Objectives

Recall the purpose of a walkthrough.
Perform proper procedures while conducting a walkthrough.
Identify red flags that may arise while performing walkthrough procedures.

(LIAA60/27) Audit & Attest Quality Matters that Should be on Your Radar – Avoiding Common Deficiencies in SAS, SSARS and SSAE Engagements Part 2
2027-04-06 13:00 - 16:20
Event Description
Quality management is important. Every CPA firm that provides audit and other attest services must undergo a third-party quality control review. This session will provide you with the tips on how to avoid common quality control deficiencies in all services that are subject to peer review.
Objectives

Describe the potential impact of risks faced by public accountants when performing audit and other attest services.
Explain the results of the findings and recommendations made by the Center for Audit Quality and PCAOB as an outcome from quality control reviews.
Recall common peer review deficiencies in all types of attest engagements.
Apply best practices for ensuring professional, technical, regulatory and ethical standards for various audit and other attest services.

(LIAA59/27) Audit & Attest Quality Matters that Should be on Your Radar – Avoiding Common Deficiencies in SAS, SSARS and SSAE Engagements Part 1
2027-04-06 08:30 - 11:50

(LITX58/27) Understanding Partnership Taxation - Distributions
2027-04-01 13:00 - 14:10
Event Description
As a practitioner, you know that sometimes small business owners make little distinction between their own pocketbook and the company’s pocketbook. For this reason, distributions from smaller partnerships can be frequent. It is important for us, as their advisors, to know what the tax impact is for these distributions – which ones will be fine, and which ones may cause a problem. Through easy-to-follow examples, we will talk about distributions front to back. We will discuss the different types of distributions, as well as cash, property, and hybrid distributions – when you have a little bit of both!
Objectives
List the key rules of the thumb to remember when dealing with distributions.
State the ordering rules for calculating a partner’s tax basis.
Describe the key differences between liquidating and non-liquidating distributions.
Determine any applicable tax gains and losses of cash and property distributions.
State the ordering rules for hybrid distributions that involve both cash and property.

(LITE13R/27) Phishing Simulation Follow-Up Actions - Rebroadcast
2027-04-01 11:20 - 12:10
Event Description
Reinforce learning and reduce risk by taking the right actions after a phishing simulation. This course outlines effective follow-up steps to address vulnerabilities, improve employee awareness, and strengthen your organization’s overall security posture.
Objectives
Apply one control improvement; reduce common attack/fraud risks; validate steps. Strengthen incident response readiness and communication workflows. Use AI and analytics responsibly with verification, documentation, and confidentiality safeguards.

(LITE15/27) Resistance to Resilience: Striving for Technology Change Acceptance
2027-04-01 10:20 - 11:10
Event Description
Technology adoption often comes with resistance, but it’s possible to transform this challenge into an opportunity for growth. This course explores the journey from resistance to resilience in embracing new technologies, focusing on overcoming barriers and ensuring successful implementation. Participants will examine cutting-edge audit technologies, including AI, data analytics, and automation, and learn how to align these innovations with both organizational and personal goals. Through case studies, insights into the Technology Acceptance Model (TAM), and practical discussions, participants will gain the tools and strategies to foster acceptance, driving seamless integration of new technology into both individual tasks and team workflows.
Objectives

Identify organizational needs for technology adoption using the Strategic Alignment Model (SAM) to ensure alignment between technological capabilities and business objectives.
Recall employee-specific roadblocks to technology usage, drawing on the Technology Acceptance Model (TAM) to identify factors affecting internal user’s acceptance and engagement.
Recognize the key components of the Diffusion of Innovation theory, including adopter categories and influencing factors, and explain their relevance in understanding customer or client responses to technological innovations.

(LIAA33R2/27) How to Audit Inventory - Rebroadcast
2027-04-01 08:30 - 10:10
Event Description
Inventory observations are often a right of passage for audit staff. This course will cover the basics of auditing inventory, including the related audit assertions, risks, & threats to inventory. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through how to conduct a physical inventory observation.
Objectives

Recall the audit assertions applicable to inventory
Recognize risks & threats related to the inventory balance
Identify substantive auditing procedures that are used to obtain comfort over inventory

(LITE08R/27) AI Clinic: Spreadsheet Formula Help (with Validation) - Updated 2027
2027-03-18 09:30 - 10:20
Event Description
Learn how to use AI to draft and troubleshoot spreadsheet formulas more efficiently while ensuring results are correct. This clinic focuses on prompting techniques that generate formulas plus built-in validation steps to catch errors and logic issues. You’ll leave with practical examples you can confidently apply to real-world spreadsheets.
Objectives
Apply AI to a real workflow; verify results; document safe use. Use AI and analytics responsibly with verification, documentation, and confidentiality safeguards. Apply cybersecurity and data protection controls to reduce breach and fraud risk.

(LITE12R/27) Incident Response Checklist for Finance - Rebroadcast
2027-03-18 08:30 - 09:20
Event Description
Be prepared to act quickly and confidently when a security incident impacts finance operations. This course provides a clear, finance-focused incident response checklist to help limit damage, meet reporting obligations, and support an effective recovery.
Objectives
Apply one control improvement; reduce common attack/fraud risks; validate steps. Design practical policies (WISP/AI) and implementation checklists for teams and vendors. Apply cybersecurity and data protection controls to reduce breach and fraud risk.

(LIAA19R/27) Common Deficiencies in SSARS Engagements - Rebroadcast
2027-03-17 10:30 - 13:50
Event Description
Preparation, compilation, and review engagements continue to receive heightened attention in peer review. This course examines the most common deficiencies identified in peer reviews of SSARS engagements, with an emphasis on practical compliance and engagement quality.
Participants will explore frequent problem areas in preparation, compilation, and review engagements and discuss why these deficiencies occur. The course focuses on understanding the root causes of noncompliance and highlights practical approaches firms can use to improve consistency, documentation, and overall engagement performance.
Designed for practitioners performing SSARS engagements, this course helps participants strengthen compliance while maintaining an efficient and practical approach to engagement execution.
Objectives

Identify common deficiencies identified in peer reviews of SSARS engagements.
Recognize methods to improve quality in preparation, compilation, and review engagements.

(LIAA13R2/27) Internal Control Frameworks for Single Audit - Rebroadcast
2027-03-17 09:30 - 10:20
Event Description
The Uniform Guidance identifies COSO and the Green Book as best practices for internal controls in governmental audits. This course provides a comprehensive review of the COSO framework, including its 2013 update, and explores its application to the Green Book. Attendees will learn to recall the five components and 17 principles of internal control, understand the benefits of adopting internal control frameworks, and recognize the rationale behind the COSO 2013 update and its impact on auditing practices. Additionally, the course will cover how to leverage Part 6 of the Compliance Supplement to effectively document internal controls.
Objectives

Recall the five components and 17 principles of internal controls
Identify the benefits of internal control frameworks
Recognize the reasons for the COSO 2013 Update

(LIAA51R/27) 2026/27 Single Audit Update - Rebroadcast
2027-03-17 08:30 - 09:20
Event Description
Stay current on significant developments affecting Single Audits with this focused update on recent regulatory and professional guidance. This course reviews the 2024 Uniform Guidance overhaul, including the increase in the Single Audit threshold to $1 million and other changes impacting audit planning and execution.
The course also examines Appendix B of the 2025 GAS/Single Audit Guide issued by the AICPA, highlighting updates that affect audit efficiency and compliance considerations. In addition, participants will receive updates on recent guidance issued through Office of Management and Budget (OMB) memoranda, as well as reporting-related changes.
This course is designed to help auditors understand how these developments affect Single Audit requirements and what to watch for as regulations continue to evolve.
Objectives

Recognize the impact of the 2024 Uniform Guidance changes on Single Audits.
Identify changes in Appendix B of the AICPA GAS/Single Audit Guide affecting Single Audit engagements.
Recall key changes introduced through recent OMB memoranda relevant to Single Audits.

(LIMG06R2/27) The Art of Discipline and Getting Things Done - Applying Better Time, Team, and Project Management Techniques - Rebroadcast
2027-03-16 13:00 - 14:40
Event Description
Those in a supervisory or managerial role must create a culture of discipline, where a high priority is placed in accomplishing responsibilities in an effective and efficient manner. This module provides best practices for various areas that support this culture of discipline, including time, team, and project management.
Objectives

Recognize the traits of a disciplined culture for teams.
Describe best practices for project and time management.
List ways to manage stress for maximum productivity.
Explain best practices for effective meetings.

(LIAA48R/27) Fraud Risk – Complying with Minimum Audit Requirements - Rebroadcast
2027-03-16 10:20 - 12:00
Event Description
The financial statement auditor’s overall responsibility is to obtain sufficient appropriate audit evidence to provide reasonable assurance as to whether the financial statements are materially misstated due to fraud or error. The difficulty is that there are inherent limitations related to detecting fraud due to deliberate schemes to conceal the intent to deceive, such as collusion. This module will highlight the audit procedures most effective in identifying, assessing and responding to fraud risk.
Objectives

Explain the various types of fraud relevant to a financial statement audit.
Recall the symptoms of fraud and how to identify risk of material misstatement due to fraud.
List appropriate responses to identified fraud risk.
Recognize the requirements related to fraud and noncompliance in various generally accepted auditing standards.

(LIAA04R/27) Audit Quality Control – Avoiding Peer Review Deficiencies - Rebroadcast
2027-03-16 08:30 - 10:10
Event Description
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 most important considerations for those at all levels of the engagement team with quality control responsibilities on audit engagements.
Objectives

Recall common peer review and quality control deficiencies on financial statement audits
Recognize important quality management standards most directly relevant to audits
Explain the importance of upper level workpaper reviews, including an objective engagement quality control review

(LIAA49R/27) Addressing Common Documentation Deficiencies - Rebroadcast
2027-03-10 10:20 - 12:00
Event Description
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.
Objectives

Identify the minimum documentation requirements from AU-C 230.
Recall common work paper deficiencies identified by the AICPA.

(LIAA01R2/27) 2026/27 Governmental Auditing Update: Yellow Book & Uniform Guidance - Rebroadcast
2027-03-10 08:30 - 10:10
Event Description
This comprehensive course provides a focused update on key auditing developments affecting GAGAS and Single Audit engagements. The course integrates recent changes to the Yellow Book issued by the U.S. Government Accountability Office with major updates to Uniform Guidance and related Single Audit requirements.
Participants will begin with an overview of significant revisions to the 2024 Yellow Book, including changes related to quality management, key audit matters, and effective dates. The course also addresses the GAO’s implementation delay and its implications for audit planning, along with recent updates to the Green Book that may affect internal control considerations for governmental entities and Single Audits.
The course then shifts to recent developments affecting Single Audits, including the 2024 Uniform Guidance overhaul, updates to Appendix B of the AICPA GAS/Single Audit Guide, and guidance issued through the Office of Management and Budget (OMB). Reporting-related changes, including the transition to SAM.gov-based reporting, are also discussed.
Designed for auditors working with governmental and nonprofit entities receiving federal awards, this course helps participants understand how recent auditing and compliance changes intersect—and what to monitor as expectations continue to evolve.
Objectives

Recall quality management requirements under the 2024 Yellow Book.
Identify changes to the effective date of the 2024 Yellow Book.
Recognize recent updates to the Green Book affecting internal control considerations.
Recognize the impact of the 2024 Uniform Guidance changes on Single Audits.
Identify changes in Appendix B of the AICPA GAS/Single Audit Guide affecting Single Audit engagements.
Recall key changes introduced through recent OMB memoranda relevant to Single Audits.

(LIAA40R/27) Sampling - Avoiding Common Mistakes on Financial Statement and Compliance Audits - Rebroadcast
2027-03-03 13:00 - 14:40
Event Description
Sampling is an important method for determining the extent of testing controls, testing compliance, and tests of substantive details. It allows the auditor 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.
Objectives

Recall generally accepted audit requirements related to sampling applications.
Differentiate attribute testing for tests of controls or compliance from sampling for substantive assurance in tests of details.
Explain special considerations related to testing in compliance audits performed in accordance with Uniform Guidance.
Identify common sampling-related audit deficiencies.
