BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.15.20//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-ORIGINAL-URL:https://sc.cpa X-WR-CALDESC:Events for South Carolina Association of CPAs REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/Detroit BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20250309T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20251102T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20260308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20261101T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20270314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20271107T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211433Z LAST-MODIFIED:20250606T043203Z UID:10005394-1782820800-1782820800@sc.cpa SUMMARY:(SSAA446/26) Surgent's Auditing 401(k) Plans: Critical Issues and Annual Update DESCRIPTION:Event Description\nDue to increasing scrutiny in the employee benefit plan area\, it is imperative for auditors of 401(k) plans to remain up to date on the rules and regulations that may impact the audit engagement.In this course\, auditors will enhance their knowledge by understanding the changes affecting audit procedures and reporting in accordance with recently issued Statements on Auditing Standards (SASs)\, identifying best practices\, and performing efficient audit engagements. \nDesigned For\nExperienced practitioners responsible for planning and performing employee benefit plan audit engagements \nObjectives\nUnderstand the current changes to the rules and regulations associated with 401(k) plans Identify best practices associated with engagement performance Understand the risks associated with a benefit plan audit engagement Avoid common mistakes noted during peer reviews \nMajor Subjects\nKey requirements of recently issued SASs Changes affecting 401(k) plans Audit strategy and improving overall efficiency Common mistakes as noted in peer reviews and DOL inspections \nInstructions\nNone URL:https://sc.cpa/event/ssaa446-26-surgents-auditing-401k-plans-critical-issues-and-annual-update/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211434Z LAST-MODIFIED:20250606T043204Z UID:10005395-1782820800-1782820800@sc.cpa SUMMARY:(SSAA405/26) Surgent's Auditing Accounts Payable\, Accrued Expenses and Debt DESCRIPTION:Event Description\nThis module will discuss the audit of accounts payable\, accrued liabilities and typical debt arrangements found in nonpublic entities. Contingencies\, income taxes and more complex debt arrangements are covered in other modules. The audit of liabilities normally focuses on the timing of a purchase of an asset\, recognition of expense or recording of a deposit to recognize accounts-accounts payable and accrued liabilities\, GAAP requires that liabilities be recorded at the point of the passage of title to the goods or with the receipt of benefit from the performance of services. In the case of debt when the entity signs a loan or similar agreement and draws down funding a liability exists. In some cases\, the entity may be obligated for fees and such even when funds have not been drawn. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 1.) \nDesigned For\nAccountants responsible for auditing accounts payable\, accrued expenses and debt \nObjectives\nIdentify the accounting treatment for accounts payable\, accrued liabilities and debt typically found in less complex private entities and not-for-profits (more complex debt is discussed in another module) Identify the internal controls responsive to accounts payable\, accrued liabilities and debt Understand the risks involved in accounts payable\, accrued liabilities and debt at the assertion level Tailor the audit plan in response to assessed risk of material misstatement Evaluate results from a search for unrecorded liabilities Assess the propriety of accrued estimates Evaluate debt covenant compliance \nMajor Subjects\nAccounting basics for accounts payable\, accrued expenses and debt Risk associated with accounts payable\, accrued expenses and debt Key controls related to accounts payable\, accrued expenses and debt Procedures commonly used to audit debt\, including compliance with restrictive covenants \nInstructions\nNone URL:https://sc.cpa/event/ssaa405-26-surgents-auditing-accounts-payable-accrued-expenses-and-debt/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211442Z LAST-MODIFIED:20250606T043214Z UID:10005399-1782820800-1782820800@sc.cpa SUMMARY:(SSAA417/26) Surgent's Accounting for and Auditing Inventory DESCRIPTION:Event Description\nMany entities have inventory on their books. The types of inventory can range from simple resale of goods purchased to more complex inventories that use process costing. This module will discuss accounting for and auditing less complex inventories and provide an overview of issues associated with auditing more complex inventories. Inventory observations were covered in an earlier module. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 3.) \nDesigned For\nAccounting and auditing practitioners at all levels desiring to develop a detailed understanding of inventory accounting. \nObjectives\nRecall the elements of inventory costing Apply inventory valuation methodologies to various types of inventory Determine reserve methodologies for inventory obsolescence Recall issues related to consignment inventory Assess risk and perform audit procedures on less complex inventories \nMajor Subjects\nElements of inventory cost and full-absorption costing Valuation methodologies\, including LIFO\, FIFO\, weighted average\, and specific identification Obsolescence reserves Retail inventory valuation basics Physical inventory observation approach refresher Accounting issues related to consigned inventory Risk associated with and steps performed in auditing of inventories. \nInstructions\nNone URL:https://sc.cpa/event/ssaa417-26-surgents-accounting-for-and-auditing-inventory/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211444Z LAST-MODIFIED:20250606T043218Z UID:10005400-1782820800-1782820800@sc.cpa SUMMARY:(SSAA609/26) Surgent's Finding Errors in Excel Spreadsheets DESCRIPTION:Event Description\nThis intensive two-hour course addresses the critical need for accuracy and efficiency when developing spreadsheets using Microsoft Excel. Recognizing that even minor errors can have significant implications\, this course delves deep into strategies and skills required to detect and correct errors in Excel. By the end of this course\, participants will have a comprehensive understanding of how to efficiently identify and correct errors in Excel spreadsheets\, enhancing their overall productivity and accuracy in their professional roles. \nDesigned For\nAnyone who uses Excel extensively in their work\, especially those involved in financial analysis\, reporting\, auditing\, or any role where accuracy and efficiency in handling Excel spreadsheets are paramount \nObjectives\nApply advanced Excel auditing tools\, such as Trace Precedents\, Trace Dependents\, and the Error Checking feature\, to effectively identify and rectify complex errors in financial spreadsheets Analyze and interpret common error messages and anomalies in Excel\, enabling the ability to diagnose underlying issues in spreadsheet formulas and data inputs Distinguish between different types of Excel errors\, including formula errors\, reference errors\, and logic errors to implement targeted corrective actions for enhanced spreadsheet accuracy and reliability \nMajor Subjects\nCommon Excel errors\, including formula errors\, reference errors\, and logic errors Advanced Excel functions and formulas that are crucial for error detection and data analysis Data validation techniques\, including setting up data validation rules and using conditional formatting to highlight potential inaccuracies Error tracing and auditing tools\, including Trace Precedents\, Trace Dependents\, and the Error Checking tool \nInstructions\nDownload the handout and practice material prior to course URL:https://sc.cpa/event/ssaa609-26-surgents-finding-errors-in-excel-spreadsheets/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211454Z LAST-MODIFIED:20250606T043715Z UID:10005405-1782820800-1782820800@sc.cpa SUMMARY:(SSAA506/26) Surgent's Why Do They Do It? The Psychology of Fraud DESCRIPTION:Event Description\nThis course will discuss the psychology behind white-collar crime. It will conclude with a conversation with Abby Ellin\, author of Duped. This is the third of five 2-hour courses in Surgent’s Fraud Certificate Program. This program includes a combination of lectures\, animated videos\, and live interviews with white-collar offenders and whistle-blowers. Each course is designed to be engaging and informative and will enhance your understanding of fraud. \nDesigned For\nProfessionals who want to understand the psychological background of acts of fraud \nObjectives\nRecognize the reasons why fraud is committed by understanding a variety of psychological theories behind it \nMajor Subjects\nThe fraud triangle The truth default theory The concept of cognitive dissonance Confirmation bias Availability \nInstructions\nNone URL:https://sc.cpa/event/ssaa506-26-surgents-why-do-they-do-it-the-psychology-of-fraud/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211514Z LAST-MODIFIED:20250606T043731Z UID:10005413-1782820800-1782820800@sc.cpa SUMMARY:(SSAA514/26) Surgent's Fraud Case Studies: Schemes and Controls DESCRIPTION:Event Description\nFraud is prevalent – especially since COVID-19 relief packages passed by legislatures around the world opened the till. The overwhelming majority of fraud cases are never publicized. In this course we will build on our knowledge of why people commit fraud to dissect the schemes and discuss transactional controls to help stop fraud faster. \nDesigned For\nCPAs in public practice and industry who wish to educate clients or colleagues further on how to better prevent fraud from occurring at the source – would-be fraudsters – as well as to seek means to improve anti-fraud controls \nObjectives\nConsider the ways perpetrators evade both soft and hard controls Identify teachable moments Look for the common red flags that ought to draw our attention to a potential fraud scheme \nMajor Subjects\nRecent fraud cases Common fraud schemes perpetrated by those within and outside victim organizations Consider the lessons learned Best practices to further our fraud prevention \nInstructions\nNone URL:https://sc.cpa/event/ssaa514-26-surgents-fraud-case-studies-schemes-and-controls/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211532Z LAST-MODIFIED:20250606T043821Z UID:10005422-1782820800-1782820800@sc.cpa SUMMARY:(SSAA507/26) Surgent's Lessons Learned: What a $53 Million Fraud Can Teach Us DESCRIPTION:Event Description\nThis course will take an in-depth look at the largest municipal fraud in U.S. history. What red flags did the auditors miss? What red flags did the bank miss? This course includes a conversation with former U.S. Marshal Jason Wojdylo\, who was an integral part of this case.This is the fourth of five 2-hour courses in Surgent’s Fraud Certificate Program. This program includes a combination of lectures\, animated videos\, and live interviews with white-collar offenders and whistle-blowers. Each course is designed to be engaging and informative and will enhance your understanding of fraud. \nDesigned For\nProfessionals who want to learn from a real-life fraud case to understand how to detect and prevent fraud in their organizations \nObjectives\nUnderstand the circumstances surrounding Rita Crundwell’s municipal fraud Use the lessons learned from that case to understand some of the characteristics of an effective internal fraud program \nMajor Subjects\nBackground of the Dixon\, IL fraud case Internal control weaknesses related to the $53 million fraud Lessons learned from this case \nInstructions\nNone URL:https://sc.cpa/event/ssaa507-26-surgents-lessons-learned-what-a-53-million-fraud-can-teach-us/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211535Z LAST-MODIFIED:20250606T043905Z UID:10005425-1782820800-1782820800@sc.cpa SUMMARY:(SSAA483/26) Surgent's Compilations\, Reviews\, and Preparations: Engagement Performance and Annual Update DESCRIPTION:Event Description\nSpecifically designed for preparation\, compilation\, and review practitioners\, 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 applying SSARS No. 21\, Clarification and Recodification\, as well as the additional guidance related to SSARS engagements through the issuance of SSARS Nos. 22-26 by the ARSC. In addition to SSARS 26\, the entire suite of quality management standards is discussed.However\, knowing the standards is not enough. You need to be able to effectively apply them. To support this\, the course will review recent peer review feedback on SSARS engagements\, providing insights on how to successfully apply this guidance.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 No. 21-26 services in compliance with professional\, ethical\, and technical requirements. \nDesigned For\nAccounting practitioners and their staff performing and managing compilation\, preparation\, and review engagement services \nObjectives\nUnderstand and apply SSARS No. 21\, Clarification and Recodification Be familiar with changes due to the issuance of SSARS Nos. 2226 Be familiar with compilation and review program examples and disclosure illustrations Identify and apply compilation\, preparation\, and review procedures Be aware of the most recent compilation and review reports and other communications Utilize hands-on examples and illustrations to increase your overall understanding and application of the material \nMajor Subjects\nSSARS No. 21\, Clarification and Recodification\, and updates to SSARS No. 21 due to the issuance of SSARS No. 23\, Omnibus Statement on Standards for Accounting and Review Services SSARS No. 22\, Compilation of Pro Forma Financial Information SSARS No. 24\, Omnibus Statement on Standards for Accounting and Review Services 2018 SSARS No. 25\, Materiality in a Review of Financial Statements and Adverse Conclusions SSARS No. 26\, Quality Management for an Engagement Conducted in Accordance With Statements on Standards for Accounting and Review Services Sample comprehensive engagement work programs for preparation\, compilation\, and review engagements Reporting and disclosure illustrations for each level of service\, including attesting on personal financial statements\, prescribed form\, special purpose frameworks\, and other engagement variations Other communication requirements\, such as sample engagement letters and management representation letters \nInstructions\nNone URL:https://sc.cpa/event/ssaa483-26-surgents-compilations-reviews-and-preparations-engagement-performance-and-annual-update/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211540Z LAST-MODIFIED:20250606T045713Z UID:10005429-1782820800-1782820800@sc.cpa SUMMARY:(SSAA505/26) Surgent's How Can I Spot Fraud? A Review of Fraud Detection and Prevention Techniques DESCRIPTION:Event Description\nThis course will discuss what to do if you suspect fraud within your organization. The HealthSouth fraud case is presented as a means of understanding how the fraud was committed\, and ways in which it could have been prevented. This is the second of five 2-hour courses in Surgent’s Fraud Certificate Program. This program includes a combination of lectures\, animated videos\, and live interviews with white-collar offenders and whistle-blowers. Each course is designed to be engaging and informative and will enhance your understanding of fraud. \nDesigned For\nProfessionals who want to learn how to recognize and prevent fraud in their business \nObjectives\nRecognize ways to detect and prevent fraud in your organization \nMajor Subjects\nCommon fraud prevention strategies Common fraud detection methods \nInstructions\nNone URL:https://sc.cpa/event/ssaa505-26-surgents-how-can-i-spot-fraud-a-review-of-fraud-detection-and-prevention-techniques/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211550Z LAST-MODIFIED:20250606T045806Z UID:10005438-1782820800-1782820800@sc.cpa SUMMARY:(SSAA407/26) Surgent's Auditing Accounts Receivable: An Overview DESCRIPTION:Event Description\nAccounts 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 discuss the risks associated with accounts receivable and the allowance for doubtful accounts as well as techniques for auditing those areas. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 2.) \nDesigned For\nAccountants with responsibilities for auditing accounts receivable \nObjectives\nIdentify audit risks and special audit considerations Tailor a detailed audit plan for accounts receivable based on the assessed risk Evaluate confirmation responses and identify areas for follow-up Evaluate and conclude on the valuation for the allowance for doubtful accounts \nMajor Subjects\nRisks of material misstatement associated with auditing accounts receivableInternal controls associated with accounts receivableSubstantive procedures used in auditing accounts receivableExternal confirmation audit considerations\, including evaluating responses for proprietyEvaluating the valuation of accounts receivableThe AICPA’s new SAS on auditing estimates \nInstructions\nNone URL:https://sc.cpa/event/ssaa407-26-surgents-auditing-accounts-receivable-an-overview/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211709Z LAST-MODIFIED:20250606T045812Z UID:10005445-1782820800-1782820800@sc.cpa SUMMARY:(SSAA594/26) Surgent's Accounting\, Audit\, and Attest Update for Practitioners with Small-Business Clients DESCRIPTION:Event Description\nSpecifically tailored for practitioners who not only perform audits but also provide other attest and non-attest services to small and medium-sized businesses\, this course is a comprehensive update covering recently issued accounting\, auditing\, and SSARS standards\, including SAS 145 and the quality management standards\, as well as other professional guidance impacting small and medium-sized business accountants. The course uses practical examples and illustrations to help you understand and apply the new guidance. Following the release of the FASB’s final PIR report for ASC 606\, Revenue\, in December of 2024\, we do a deep dive into the complex revenue recognition standard and findings of the PIR report\, review common special purpose frameworks\, and discuss the new quality management standards for audits and SSARS engagements. This course will get you up to speed on the things that are most important to your small and medium-sized clients. \nDesigned For\nPractitioners at all levels who provide nonaudit and nonattest services to small and medium-sized businesses desiring to remain up to date on recent pronouncements and other standard-setter activities and professional guidance \nObjectives\nKeep abreast of current private company standard-setting activities of the PCC Review recently issued accounting and non-audit attestation pronouncements and hot topics Understand the key findings in the FASB’s PIR report on ASC 606 and the major provisions within the standard Understand new guidance applicable to auditing\, SSARS\, and attest engagements Be aware of other important guidance affecting small and medium-sized business practitioners \nMajor Subjects\nPrivate company standard-setting activities Small and medium-sized business-related ASUs Post-Implementation Review (PIR) report for ASC 606 FASB ASC 606\, revenue from contracts with customers Special purpose frameworks cash\, modified cash\, and tax basis Common small and medium-sized business financial statement errors and deficiencies New and upcoming SSARS\, SAS\, and SSAE standards SAS 145 AICPA Quality Management Standards (SQMS 1\, SQMS 2\, and SQMS 3) \nInstructions\nNone URL:https://sc.cpa/event/ssaa594-26-surgents-accounting-audit-and-attest-update-for-practitioners-with-small-business-clients/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211716Z LAST-MODIFIED:20250606T045907Z UID:10005455-1782820800-1782820800@sc.cpa SUMMARY:(SSAA409/26) Surgent's Essentials Of Audit Sampling DESCRIPTION:Event Description\nWhen performing an audit\, an auditor bases his/her opinion about whether the financial statements are free from material misstatement on a variety of tests on the underlying account balances and classes of transactions. Some balances\, such as debt\, may be tested 100% but more often\, such as is the case with accounts receivable\, the auditor will use sampling applications to obtain sufficient evidence to support the opinion and will not test 100% of the population. The auditor will also use sampling when testing control activities to conclude on the effectiveness of the controls. Compliance and accuracy in the accumulation of information is also tested by sampling. This module explores the different sampling applications used in a financial statement/compliance audit. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 1.) \nDesigned For\nAuditors of all levels \nObjectives\nDiscuss the professional requirements related to sampling applications Differentiate attribute testing for tests of controls or compliance from variable sampling for substantive testing Explain special considerations related to internal control and compliance testing in a Single or Program Specific Audit \nMajor Subjects\nTypes of sampling and sampling risk Attribute testing for tests of controls and compliance Variable sampling for substantive assurance Differentiating statistical and nonstatistical sampling approaches Determining sample sizes in a compliance audit \nInstructions\nNone URL:https://sc.cpa/event/ssaa409-26-surgents-essentials-of-audit-sampling/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211720Z LAST-MODIFIED:20250606T045909Z UID:10005459-1782820800-1782820800@sc.cpa SUMMARY:(SSAA497/26) Surgent's Avoiding Deficiencies in Peer Reviews: Focus on Engagement Quality DESCRIPTION:Event Description\nWith the AICPA’s heightened focus on enhancing audit quality\, increased oversight of the peer review process and the auditor’s overall responsibility to provide high quality services\, the focus on compliance with professional standards has never been greater. Recent peer reviews have indicated that auditors are often failing to perform and/or document certain critical components of an audit such as the auditor’s assessment of risk and linking the results of the assessment to substantive procedures performed. In addition\, auditors are not adequately documenting their consideration of fraud\, expectations in analytical procedures and the appropriate level of work needed to understand an entity’s internal control. Now is time to revisit the way that auditors are performing and documenting the work performed to meet professional standards since nonconforming engagements can result in an auditor’s referral to the AICPA Ethics Committee. There have not been significant changes to quality control standards since 2006. In June 2022\, two new statements on quality management were issued. Another statement was issued recently to incorporate the changes to the Group Audit Standard (SAS 149). A related audit standard on engagement quality\, SAS 146\, and an accounting and review service standard\, SSARS 26\, were also issued. These changes are substantive. They are effective for years beginning after December 15\, 2025.This course will discuss the new standards. This course will also focus on the most significant items resulting in deficiencies identified in the peer review process. We will also discuss the applicable audit standards\, documentation requirements and best practices. The objective of the course is to provide the insights necessary to help an auditor improve not just the quality of their work but also the perception of the accounting profession as a whole. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to improve engagement quality \nObjectives\nIdentify key elements of the AICPA’s Enhancing Audit Quality initiative Recognize changes in Quality Management standards Recognize key trends in recent peer review deficiencies noted Identify professional standards related to performing a risk assessment\, understanding and testing internal controls\, and linking these procedures to further audit consideration Implement best practices to help ensure overall engagement quality \nMajor Subjects\nAICPA’s Enhancing Audit Quality initiative Recent revisions to Quality Management standards Feedback from peer reviews\, including areas driving deficiencies in audit Elements of an effective risk assessment and how to link to audit procedures performed Understanding internal controls and making the decision whether or not to test them Best practices in documentation \nInstructions\nNone URL:https://sc.cpa/event/ssaa497-26-surgents-avoiding-deficiencies-in-peer-reviews-focus-on-engagement-quality/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211726Z LAST-MODIFIED:20250606T045623Z UID:10005464-1782820800-1782820800@sc.cpa SUMMARY:(SSAA403/26) Surgent's A Practical Guide to Auditing Cash and Cash Equivalents DESCRIPTION:Event Description\nCash and cash equivalents tend to be one of the first areas assigned to new auditors since it tends to be straightforward with less complexity and risk as other areas. In addition\, there is little subjectivity involved and persuasive audit evidence from a third-party is generally available. Interestingly enough\, this is an area that can have a significant risk of misappropriation of assets if the appropriate level of segregation of duties and other internal controls is not present. New auditors should approach cash with the same professional skepticism as other areas since there is always the risk of material misstatement. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 1.) \nDesigned For\nProfessionals new to auditing cash and cash equivalents \nObjectives\nIdentify risks related to cash and cash equivalents Identify sources of audit evidence associated with cash and cash equivalents Discuss standard audit procedures related to cash and cash equivalents Explain how to evaluate audit evidence associated with cash Describe typical presentation and disclosure issues related to cash \nMajor Subjects\nExplain typical audit risks and special considerations related to cash and cash equivalents Identify the risk of fraud related to cash and cash equivalents Describe designing a detailed audit plan\, linking assessed risk to planned procedures Techniques used to perform the audit procedures associated with auditing cash and cash equivalents Obtaining evidence related to cash and cash equivalents Case study and test yourself questions related to auditing cash and cash equivalents \nInstructions\nNone URL:https://sc.cpa/event/ssaa403-26-surgents-a-practical-guide-to-auditing-cash-and-cash-equivalents/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T211811Z LAST-MODIFIED:20250606T050120Z UID:10005475-1782820800-1782820800@sc.cpa SUMMARY:(SSAA463/26) Surgent's Winning the Fraud Battle in the Digital Age: Prevention and Detection DESCRIPTION:Event Description\nThe focus of this course is reducing the overall risk of fraud. To that end\, instruction will cover the factors that play a role in turning honest employees into fraudsters. Discussion will touch on integrity and ethics\, as well as how the reactions of people in certain situations may impact the prevalence of fraud. \nDesigned For\nCPAs in public practice and industry who wish to educate clients or colleagues on preventing fraud from occurring at the source – would-be fraudsters \nObjectives\nRecognize the prevalence of fraud Understand the ways an organization may unintentionally cause fraud Identify the costs of fraud Comprehend how the new COSO framework for internal control focuses on fraud Grasp the importance of an internal control environment Recognize potential signs of fraudulent behavior Understand how people may respond differently to certain factors See that there are many layers involved in fraud defense Anticipate a new environment ripe for fraudulent claims and reports \nMajor Subjects\nThe price of fraud ACFE’s Report to the Nations and ancillary costs The current economy microeconomics and analysis COSO internal control framework\, particularly Principle 1 (integrity/ethics) and Principle 8 (fraud risk assessments) Power of morale shrinking the fraud triangle and employee motivation Deviant workplace behavior Historic schemes Why good folks go bad interesting findings and red flags Combating fraud with controls Controls used by fraud victim organizations and suggestions for better implementation Fraud’s new frontier Corporate social\, environmental\, governance\, and equity/inclusion reports and audits \nInstructions\nNone URL:https://sc.cpa/event/ssaa463-26-surgents-winning-the-fraud-battle-in-the-digital-age-prevention-and-detection/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T212914Z LAST-MODIFIED:20250606T044811Z UID:10005484-1782820800-1782820800@sc.cpa SUMMARY:(SSAA430/26) Surgent's Effective Communications with Management and Those Charged with Governance DESCRIPTION:Event Description\nAs a byproduct of the audit\, the auditor has a responsibility to communicate certain information to management and those charged with governance\, primarily related to risk and internal control deficiencies. In some cases the auditor may be required to report outside the entity\, for example\, when fraud is identified. Some of these communications to management and those charged with governance occur at the beginning of the audit\, others during the audit and at the end of the audit. Two-way communication is very important to meet professional responsibilities and also as a client service. This module will discuss the most significant of the required communications and explore how to make them more effective. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 5.) \nDesigned For\nAccountants who have a basic level of audit experience \nObjectives\nDescribe the communications required to be made to those charged with governance at the beginning and end of the audit. (AU-C 260) Describe the communications related to deficiencies noted in internal control that are required to be made to management and those charged with governance (AU-C 265) Describe other communications that need to be made outside the entity in certain circumstances Create effective communications that enhance client service \nMajor Subjects\nRelevant literature Communications to those charged with governance Internal controls communications to management and those charged with governance \nInstructions\nNone URL:https://sc.cpa/event/ssaa430-26-surgents-effective-communications-with-management-and-those-charged-with-governance/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T213119Z LAST-MODIFIED:20250606T044813Z UID:10005485-1782820800-1782820800@sc.cpa SUMMARY:(SSAA599/26) Surgent's Annual Update for Defined Contribution Plans DESCRIPTION:Event Description\nThis course will provide a general understanding of the new reporting and disclosure requirements for employee benefit plans under the now effective SAS 136\, the AICPA’s new employee benefit plan auditing standard. Participants will be provided with an insight into the common errors and mistakes made by auditors and plan administrators\, as well as the new requirements of both groups under the new SAS. The course will discuss the results from the Department of Labor’s (“DOL”) Criminal Enforcement initiative and audit quality study\, and focus on the causes of the recent increase in the number of deficient engagements identified by the peer review process. This course will provide auditors and plan administrators with up-to-date information regarding defined contribution plans auditing\, reporting and disclosure requirements\, including those related to the new ERISA Section 103(A)(3)(c) audits under SAS 136. \nDesigned For\nAuditors and Plan administrators of Defined Contribution Plans \nObjectives\nPrepare for the current year’s audit Gain a general understanding of the current and prospective reporting and disclosure requirements for employee benefit plans Identify common errors and mistakes made by auditors and plan administrators \nMajor Subjects\nCommon risks and pitfalls associated with defined contribution plans Nuances of the fair value disclosures New reporting and disclosure requirements for the current year Results of DOL Audit Quality Study \nInstructions\nNone URL:https://sc.cpa/event/ssaa599-26-surgents-annual-update-for-defined-contribution-plans/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T213137Z LAST-MODIFIED:20250606T044828Z UID:10005493-1782820800-1782820800@sc.cpa SUMMARY:(SSAA447/26) Surgent's Audits of 401(k) Plans: New Developments and Critical Issues DESCRIPTION:Event Description\nOne of the most favored employee benefit plans\, the 401(k) plan\, provides unique challenges for auditors.Through this course\, auditors will obtain an understanding of the rules and regulations unique to employee benefit plans and obtain practical guidance on applying them. Auditors will enhance their knowledge of the performance and reporting requirements through real-world examples\, best practices\, and efficient audit techniques that can be utilized in various audit engagements. Make sure your audits don’t trigger a DOL inspection by conforming to all applicable rules and regulations. \nDesigned For\nPractitioners responsible for planning and performing employee benefit plan audit engagements \nObjectives\nIdentify the key provisions of recently issued SASs Properly document understanding of the plan\, the environment\, and internal controls for an employee benefit plan Understand the importance of reading\, reviewing\, and documenting the controls in a service organization control report Identify potential audit triggers that may result in Department of Labor inspections Understand the risks associated with a benefit plan audit engagement Avoid common mistakes noted during peer reviews \nMajor Subjects\nProper planning of benefit plan audit engagements and developing audit strategy while improving overall efficiency Common pitfalls in planning and detailed audit procedures Changes affecting 401(k) plans\, including recently issued SASs Common mistakes as noted in peer reviews and DOL inspections \nInstructions\nNone URL:https://sc.cpa/event/ssaa447-26-surgents-audits-of-401k-plans-new-developments-and-critical-issues/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T213142Z LAST-MODIFIED:20250606T044833Z UID:10005494-1782820800-1782820800@sc.cpa SUMMARY:(SSAA400/26) Surgent's Introduction to the Audit Process and Risk Assessment DESCRIPTION:Event Description\nFinancial statement auditors are engaged to provide reasonable assurance that financial statements are not materially misstated\, whether due to fraud or error. Professional standards require auditors to obtain sufficient and appropriate evidence to support that opinion. It is critical for effective and efficient auditors to have a clear understanding of all the important elements and concepts related to a financial statement audit. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 1.) \nDesigned For\nProfessionals new to auditing \nObjectives\nIdentify key elements of the audit process Communicate the importance of professional skepticism and professional judgment Identify and perform basic risk assessment procedures Identify the linkage between the risk assessment procedures\, team meeting\, risk assessment summary\, audit plan and further audit procedures Discuss the documentation requirements of AU-C 230 and AU-C 315 \nMajor Subjects\nHistory of the financial statement audit Objective of a financial statement audit Audit Process and Linkage Management and the Auditor’s Responsibilities Evaluating Audit Risk Risk Assessment Process Risk Assessment Procedures Documentation \nInstructions\nNone URL:https://sc.cpa/event/ssaa400-26-surgents-introduction-to-the-audit-process-and-risk-assessment/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T213225Z LAST-MODIFIED:20250606T044917Z UID:10005501-1782820800-1782820800@sc.cpa SUMMARY:(SSAA429/26) Surgent's Effective Communications with Management and Those Charged with Governance DESCRIPTION:Event Description\nAs a byproduct of the audit\, the auditor has a responsibility to communicate certain information to management and those charged with governance\, primarily related to risk and internal control deficiencies. In some cases the auditor may be required to report outside the entity\, for example\, when fraud is identified. Some of these communications to management and those charged with governance occur at the beginning of the audit\, others during the audit and at the end of the audit. Two-way communication is very important to meet professional responsibilities and also as a client service. This module will discuss the most significant of the required communications and explore how to make them more effective. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 5.) \nDesigned For\nAccountants who have a basic level of audit experience \nObjectives\nDescribe the communications required to be made to those charged with governance at the beginning and end of the audit. (AU-C 260) Describe the communications related to deficiencies noted in internal control that are required to be made to management and those charged with governance (AU-C 265) Describe other communications that need to be made outside the entity in certain circumstances Create effective communications that enhance client service \nMajor Subjects\nRelevant literature Communications to those charged with governance Internal controls communications to management and those charged with governance \nInstructions\nNone URL:https://sc.cpa/event/ssaa429-26-surgents-effective-communications-with-management-and-those-charged-with-governance/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T213315Z LAST-MODIFIED:20250606T044926Z UID:10005506-1782820800-1782820800@sc.cpa SUMMARY:(SSAA500/26) Surgent's Update on the AICPA's Enhancing Audit Quality Initiative DESCRIPTION:Event Description\nQuality should be the primary focus of all engagements. Since initiating its Enhancing Engagement Quality initiative in 2014\, the AICPA has been using its peer review program as a way to assess the improvement in engagement quality.In this course\, we’ll review the latest results from the peer review program and identify common findings in recent peer reviews of audits as well as SSARS engagements. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\nIdentify key elements of the AICPA’s Enhancing Audit Quality initiatives Recognize key trends noted in recent peer reviews Understand the importance of audit documentation in the system of quality control Recall common peer review feedback identified on common attestation engagements \nMajor Subjects\nStatus of the AICPA’s Enhancing Engagement Quality initiative Recent Peer Review results Common peer review findings \nInstructions\nNone URL:https://sc.cpa/event/ssaa500-26-surgents-update-on-the-aicpas-enhancing-audit-quality-initiative/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T213325Z LAST-MODIFIED:20250606T045019Z UID:10005511-1782820800-1782820800@sc.cpa SUMMARY:(SSAA414/26) Surgent's Performing Effective and Efficient Analytical Procedures DESCRIPTION:Event Description\nAnalytical review procedures are performed in the preliminary and final stages of the audit. Auditors may also choose to perform analytical procedures as substantive tests. It is important to properly design and perform the procedures to ensure an effective and efficient audit engagement. This module will provide detailed guidance and methods for performing these techniques. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 2.) \nDesigned For\nAccountants responsible for performing basic analytic procedures on audit engagements \nObjectives\nPerforming effective preliminary analytical procedures in the risk assessment process Performing a final overall analysis to assess the conclusions reached during the audit and evaluate the overall financial statement presentation. Planning and performing effective and efficient substantive analytical procedures Concluding on analytical procedures \nMajor Subjects\nPreliminary analytical procedures as risk assessment procedures Performing final analytical procedures to assess the conclusions reached during the audit and evaluate the overall financial statement presentation. When to use substantive analytical procedures for efficiency and effectiveness Establishing expectations for substantive analytic procedures Setting a threshold for differences Following up on differences from expectations Concluding on substantive analytical procedures \nInstructions\nNone URL:https://sc.cpa/event/ssaa414-26-surgents-performing-effective-and-efficient-analytical-procedures/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T213333Z LAST-MODIFIED:20250606T044010Z UID:10005514-1782820800-1782820800@sc.cpa SUMMARY:(SSAA479/26) Surgent's Fraud Environment DESCRIPTION:Event Description\nFraud is all around us\, though many times we miss it. As accountants\, we have a professional responsibility to detect material fraud. However\, our ability to detect fraud is directly related to our understanding of how fraud occurs\, how prevalent it is and what types of procedures allow both accountants and companies to detect fraud before it becomes material.In addition to providing a quick update on recently issued accounting and auditing standards\, this course will review the latest fraud statistics compiled by the Association of Certified Fraud Examiners (ACFE)\, and see how COVID-19 has impacted the fraud landscape. Then the course will review our professional responsibilities to both detect fraud and to report actual or suspected fraud\, plus identify which procedures are most effective at identifying and preventing fraud. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\nRecall common statistics concerning the prevalence of fraud Identify best practices in detecting fraud Discuss professional responsibilities of accountants related to fraud \nMajor Subjects\nStatistics compiled by the ACFE related to fraud Professional responsibilities to identity\, respond to and report fraudulent activity The current fraud landscape\, including who commits fraud\, how and why they commit it and how they are detected \nInstructions\nNone URL:https://sc.cpa/event/ssaa479-26-surgents-fraud-environment/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250605T213337Z LAST-MODIFIED:20250606T044012Z UID:10005515-1782820800-1782820800@sc.cpa SUMMARY:(SSAA458/26) Surgent's Annual Auditing Update DESCRIPTION:Event Description\nDesigned for accounting\, audit\, and attestation practitioners at all levels in both public accounting and business and industry\, this course provides an overview of the recent pronouncements and guidance issued by the AICPA related to audit and attest standards\, including a discussion of SAS 142\, effective for 2022 audits\, and SASs 143-145\, effective for 2023 audits. The course also covers recent activity by the AICPA’s Professional Ethics Executive Committee related to the AICPA’s Code of Professional Conduct\, as well as proposed updates to the AICPA’s quality management standards. Lastly\, the course will provide an update on the status of the AICPA’s enhancing engagement quality initiatives. The course is a one-stop shop to get you up to speed on recently issued AICPA guidance. \nDesigned For\nAccounting and attestation practitioners at all levels in both public accounting and private industry \nObjectives\nIdentify and understand the requirements of recently issued SASs Recall the key provisions of Code of Conduct updates Identify key elements of the AICPA’s new guidance on quality management Develop implementation tips and best practices related to these new standards Implement best practices for enhancing engagement quality \nMajor Subjects\nAICPA hot topics and standard setting initiatives Discussion of new standard on audit evidence\, SAS 142\, effective for years ended December 31\, 2022 Discussion of new standards on auditing accounting estimates\, use of specialists\, and the risk assessment process\, SASs 143145\, effective for years ended December 31\, 2023 Recent updates to the AICPA’s Code of Professional Conduct Recently issued or proposed updates to other AICPA professional guidance \nInstructions\nNone URL:https://sc.cpa/event/ssaa458-26-surgents-annual-auditing-update/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250810T153512Z LAST-MODIFIED:20250811T040507Z UID:10005572-1782820800-1782820800@sc.cpa SUMMARY:(SSAA616/26) Surgent's Advanced Audits of 401(k) Plans: Best Practices and Current Developments DESCRIPTION:Event Description\nLooking to improve the quality of your 401(k) benefit plan audits? This is the course for you. Based on recent data from the U.S. Department of Labor and peer reviews on employee benefit plan audits\, we know auditors need to up their game to meet stakeholder demands and provide the best possible audit services. \nIn this advanced course\, we will discuss the audit and reporting requirements in accordance with auditing standards. We will also discuss laws and regulations (such as ERISA) that are unique to employee benefit plans and provide practical guidance on their application. Course topics will focus on the most common compliance issues identified in 401(k) audits by the Department of Labor and peer reviews\, as well as recommended corrections. Auditors will identify best practices for auditing areas such as payroll and compensation\, participant loans\, hardship distributions\, investments\, and plan mergers and acquisitions. \nDesigned For\nExperienced practitioners responsible for planning and performing employee benefit plan audit engagements \nObjectives\n\nIdentify key provisions of recently issued SASs \nIdentify the current year changes to the rules and regulations affecting 401(k) plans \nUnderstand the most common compliance issues encountered in 401(k) plan audits\, pitfalls to watch out for\, and strategies to ensure compliance \nPerform efficient and effective procedures associated with planning\, internal controls\, risk assessments\, and detailed audits \nExplain the documentation and procedures related to plan mergers and acquisitions \nDiscuss the best practices associated with advanced audit areas\, including participant loans\, payroll\, compensation\, and investments \nUnderstand the risks associated with a benefit plan audit engagement\n\nMajor Subjects\n\nAudit requirements for ERISA §103(a)(3)(C) audits \nAn annual update of the changes affecting 401(k) plans \nCompliance issues associated with eligibility and enrollments\, remittances\, lack of oversight\, compensation\, vesting\, and other topics \nBest practices for engagement planning\, internal controls\, risk assessment\, and detailed testing \nAvoiding common mistakes while performing audit procedures \nPlan mergers and acquisitions \nCommon audit reporting and disclosure issues URL:https://sc.cpa/event/ssaa616-26-surgents-advanced-audits-of-401k-plans-best-practices-and-current-developments/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260421T161207 CREATED:20250810T155006Z LAST-MODIFIED:20250811T040515Z UID:10005573-1782820800-1782820800@sc.cpa SUMMARY:(SSAA617/26) Surgent's Audits of 401(k) Plans: New Developments and Critical Issues DESCRIPTION:Event Description\nOne of the most favored employee benefit plans\, the 401(k) plan\, provides unique challenges for auditors. \nThrough this course\, auditors will obtain an understanding of the rules and regulations unique to employee benefit plans and obtain practical guidance on applying them. Auditors will enhance their knowledge of the performance and reporting requirements through real-world examples\, best practices\, and efficient audit techniques that can be utilized in various audit engagements. Make sure your audits don’t trigger a DOL inspection by conforming to all applicable rules and regulations. \nDesigned For\nPractitioners responsible for planning and performing employee benefit plan audit engagements \nObjectives\n\nIdentify the key provisions of recently issued SASs \nProperly document understanding of the plan\, the environment\, and internal controls for an employee benefit plan \nUnderstand the importance of reading\, reviewing\, and documenting the controls in a service organization control report \nIdentify potential audit triggers that may result in Department of Labor inspections \nUnderstand the risks associated with a benefit plan audit engagement \nAvoid common mistakes noted during peer reviews\n\nMajor Subjects\n\nProper planning of benefit plan audit engagements and developing audit strategy while improving overall efficiency \nCommon pitfalls in planning and detailed audit procedures \nChanges affecting 401(k) plans\, including recently issued SASs \nCommon mistakes as noted in peer reviews and DOL inspections URL:https://sc.cpa/event/ssaa617-26-surgents-audits-of-401k-plans-new-developments-and-critical-issues/ CATEGORIES:Self-Study Video END:VEVENT END:VCALENDAR