South Carolina Association of CPAs

(LIAA01R2/27) 2026/27 Governmental Auditing Update: Yellow Book & Uniform Guidance - Rebroadcast
2027-03-10 08:30 - 10:10 (America/Detroit)
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.

(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.

(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.

(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

(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.

(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.

(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.

(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.

(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.

(LIAA64/27) All About Fraud - Examples, Prevention and Auditing
2027-05-04 08:30 - 11:50
Event Description
Fraud continues to make headlines, underscoring the importance of understanding how fraud occurs, how it can be prevented, and how auditors are expected to respond. This course begins with an overview of common fraud schemes identified in the 2026 Report to the Nations issued by the Association of Certified Fraud Examiners, along with key characteristics commonly observed among fraud perpetrators.
The course then explores practical approaches organizations use to prevent and detect fraud, highlighting controls, policies, and cultural factors that can reduce fraud risk. Participants will also review recent fraud cases reported in the news to reinforce how these schemes manifest in real-world settings.
The course concludes with a discussion of the auditor’s responsibilities related to fraud under AU-C 240, including an overview of proposed changes to the fraud standards and what they may mean for future audit engagements.
Objectives

Recognize common fraud schemes identified in the Report to the Nations.
Identify common characteristics and risk factors associated with fraud perpetrators.
Identify preventive measures organizations use to deter fraud.
Recall key data points and trends from the 2026 Report to the Nations.
Identify the auditor’s responsibilities related to the consideration of fraud under AU-C 240.

(LIMG07/27) Effective Governance for Nonprofit Success
2027-05-04 13:00 - 13:50
Event Description
Effective governance is the cornerstone of any nonprofit organization. This course delves into the foundational elements of nonprofit governance, emphasizing fiduciary duties, board responsibilities, and best practices for board operations. Participants will explore key compliance requirements, risk management strategies, policy development, and regulatory obligations. By the end of the session, you’ll be equipped with practical tools and insights to confidently navigate the complexities of nonprofit governance.
Objectives

Recall the fiduciary duties of nonprofit board members and executive leadership
Identify the best practices for board operations
Recall the regulatory and compliance requirements for a nonprofit organization

(LIAA65/27) Introduction to Risk Assessment
2027-05-04 14:50 - 16:30
Event Description
Effective risk assessment is foundational to designing an appropriate audit response. This course introduces the audit risk model and provides an overview of the risk assessment procedures performed during engagements.
Participants will review the components of the audit risk model and examine common risk assessment procedures, including inquiries, analytical procedures, and observation and inspection techniques. Emphasis is placed on understanding how risk assessment drives engagement planning and supports the deve lopment of appropriate audit responses. Designed for auditors seeking a structured introduction or refresher, this course builds foundational knowledge necessary for effective engagement planning and execution.
Objectives

Perform risk assessment procedures during an engagement.
Recall parts of the audit risk model.

(LIAA70/27) 2026/27 Annual Update for Accountants & Auditors
2027-05-12 08:30 - 11:50
Event Description
This comprehensive annual update brings together key accounting and auditing developments affecting accountants and auditors across industries. The course combines recent standard-setting activity issued by the Financial Accounting Standards Board with major audit and attestation updates from the AICPA, providing a well-rounded view of changes impacting financial reporting and engagement performance.
Participants will begin with an overview of recently issued and upcoming Accounting Standards Updates (ASUs), including standards effective for December 31, 2026 year-ends for public companies, private entities, and not-for-profit organizations. The course also highlights issued ASUs with future effective dates and provides high-level insight into recent exposure drafts to support implementation planning.
The course then shifts to auditing and attestation developments, including the next phase of quality management with a focus on monitoring and remediation requirements. Participants will also review recent and proposed standards affecting audit, attestation, and consulting engagements, including SSAE No. 24, SSARS No. 26, exposure drafts related to confirmations and fraud, and SAS No. 149 addressing group audits.
Designed for preparers, auditors, and firm professionals, this course helps participants understand how recent accounting and auditing changes intersect—and what to watch for as standards and expectations continue to evolve.
Objectives

Recall effective dates for recently issued accounting and auditing standards.
Recognize the impact of recently issued ASUs on financial reporting.
Identify proposed changes to financial reporting included in recent FASB exposure drafts.
Recognize the impact of recent AICPA standards and proposals on audit and attestation engagements.
Identify key quality management requirements related to monitoring and remediation.
Recognize the impact of recent standards on group audits and attestation engagements.

(LIAA50R2/27) Common Yellow Book & Single Audit Deficiencies - Rebroadcast
2027-05-12 13:00 - 16:20

(LIAA71/27) Deep Dive into Common Auditing Deficiencies
2027-05-13 08:30 - 11:50
Event Description
Audit deficiencies continue to be a focus area for peer reviewers, regulators, and state boards of accountancy. This course examines common deficiencies identified by the AICPA and state boards, highlighting recurring issues that affect audit quality and compliance.
The course covers frequently cited problem areas, including risk assessment, analytical procedures, audit sampling, and group audits. Participants will review why these deficiencies occur and explore best practices that can help reduce risk and strengthen audit execution.
This course is designed to help auditors recognize areas of heightened scrutiny and better understand how to address common deficiencies through more effective audit planning and performance.
Objectives

Identify appropriate methods for performing risk assessment and analytical procedures.
Recall best practices related to audit sampling.
Recognize recent changes to auditing standards affecting group audits.
Recall common audit deficiencies identified through peer review and regulatory oversight.

(LIAA74/27) 2026/27 Annual Update for Not-for-Profit Accountants & Auditors
2027-06-01 08:30 - 11:50
Event Description
This comprehensive annual update brings together key accounting, auditing, and compliance developments affecting not-for-profit organizations. The course integrates recent standard-setting activity, audit and attestation updates, and Single Audit developments to provide a practical view of changes impacting nonprofit financial reporting and oversight.
Participants will begin with an overview of accounting developments affecting not-for-profit organizations, including recently issued Accounting Standards Updates (ASUs) from the Financial Accounting Standards Board and an introduction to the International Non-Profit Accounting Standard (INPAS). Emphasis is placed on understanding the purpose and structure of INPAS and how it compares conceptually to U.S. GAAP requirements for NFPs.
The course then shifts to auditing and attestation developments from the AICPA, including the next phase of quality management with a focus on monitoring and remediation responsibilities. Participants will also review recent and upcoming standards affecting audit, attestation, and consulting engagements, including updates related to SSAEs, SSARSs, exposure drafts on confirmations and fraud, and changes affecting group audits.
Finally, the course addresses recent developments impacting Single Audits for not-for-profit organizations receiving federal funding. Topics include the 2024 Uniform Guidance overhaul, updates to Appendix B of the AICPA GAS/Single Audit Guide, recent guidance issued through the Office of Management and Budget (OMB), and reporting changes related to SAM.gov. Designed for nonprofit preparers, auditors, and financial leaders, this course helps participants understand how recent accounting and auditing changes intersect—and what to monitor as requirements continue to evolve.
Objectives

Recognize the impact of recently issued accounting standards on not-for-profit organizations.
Identify key elements and objectives of the International Non-Profit Accounting Standard (INPAS).
Recall the impact of recent AICPA standards and proposals on audit and attestation engagements affecting not-for-profits.
Identify key quality management requirements related to monitoring and remediation.
Recognize changes affecting Single Audits resulting from the 2024 Uniform Guidance and related guidance.
Recall key regulatory and implementation updates relevant to Single Audits for not-for-profit organizations.

(LIAA76/27) 2026/27 Annual Update for Governments and Not-for-Profits
2027-06-03 10:20 - 13:40
Event Description
This comprehensive annual update brings together key accounting and auditing developments affecting governmental and not-for-profit organizations. The course integrates recent standard-setting activity, emerging global frameworks, and major compliance updates to provide a well-rounded view of changes impacting financial reporting and audit requirements.
Participants will begin with an overview of recent accounting developments affecting not-for-profit organizations, including Accounting Standards Updates issued by the Financial Accounting Standards Board and an introduction to the International Non-Profit Accounting Standard (INPAS). Emphasis is placed on understanding the purpose of INPAS and how it compares conceptually to U.S. GAAP for not-for-profit entities.
The course then shifts to governmental accounting developments, covering recent pronouncements issued by the Governmental Accounting Standards Board, including GASB Statements No. 103, 104, and 105, along with a high-level overview of active GASB exposure drafts and projects. Participants will gain insight into how these changes affect financial reporting, disclosures, and communication with governing bodies.
Finally, the course addresses recent developments affecting Single Audits, including the 2024 Uniform Guidance overhaul, updates to Appendix B of the AICPA GAS/Single Audit Guide, and recent guidance issued through the Office of Management and Budget (OMB). Reporting changes related to SAM.gov are also discussed. Designed for auditors, preparers, and financial leaders working with governmental and not-for-profit entities, this course helps participants understand how recent accounting and auditing changes intersect—and what to monitor as requirements continue to evolve.
Objectives

Recognize the impact of recent accounting standards affecting not-for-profit organizations.
Identify key elements and objectives of the International Non-Profit Accounting Standard (INPAS).
Recall the impact of recent GASB pronouncements on governmental financial reporting.
Identify new and updated disclosure and reporting requirements affecting governmental entities.
Recognize changes affecting Single Audits resulting from the 2024 Uniform Guidance and related guidance.
Recall key developments from recent exposure drafts, implementation guidance, and regulatory updates affecting governments and not-for-profits.

(LIAA77/27) 2026/27 Not-for-Profit GAAP Update
2027-06-03 13:50 - 14:40
Event Description
Stay current on the latest accounting developments affecting not-for-profit organizations with this timely GAAP update. This course reviews recently issued Financial Accounting Standards Board (FASB) Accounting Standards Updates (ASUs) impacting NFP financial reporting, along with standard-setting projects currently in the FASB pipeline.
The course also introduces the International Non-Profit Accounting Standard (INPAS)—the first comprehensive global accounting framework designed specifically for non-profit organizations, launched in October 2025. Participants will gain perspective on the purpose and structure of INPAS and how it compares conceptually to U.S. GAAP requirements for NFPs.
This course is designed to help practitioners, financial leaders, and auditors of not-for-profit organizations understand both current GAAP requirements and emerging global developments shaping the future of nonprofit financial reporting.
Objectives

Recognize the impact of recently issued FASB ASUs on not-for-profit organizations.
Identify key elements and objectives of the International Non-Profit Accounting Standard (INPAS).

(LIAA78/27) 2026/27 Yellow Book Update
2027-06-08 08:30 - 09:20
Event Description
Stay current on key developments affecting governmental audits with this focused update on the 2024 revision of the Yellow Book. This course highlights significant changes related to quality management and updates affecting key audit matters, with an emphasis on how these revisions impact audit planning and execution.
The course also addresses the GAO’s implementation delay and its implications for 2026 audit planning. Participants will gain context around recent leadership changes at the U.S. Government Accountability Office and what those transitions may signal for future guidance and oversight priorities.
In addition, the course includes an overview of recent updates to the Green Book, helping auditors understand changes to internal control guidance that may affect nonprofit and governmental entities, including some Single Audit engagements.
Objectives

Recall the requirements related to quality management in the 2024 Yellow Book.
Identify changes to the effective date of the 2024 Yellow Book.
Recognize recent changes to the Green Book.

(LIAA46R2/27) How to Audit Cash - Rebroadcast
2027-06-08 09:30 - 11:10
Event Description
Cash is essential to every business, and is often one of the first accounts audit staff are exposed to. This course will cover the basics of auditing cash, including the related audit assertions, risks, & threats to the cash balance. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.
Objectives

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

(LIAA79/27) What's Changing in A&A for Governmental Entities (2026/27)
2027-06-10 08:30 - 11:50
Event Description
This comprehensive course provides a timely update on key accounting and auditing developments affecting governmental entities, bringing together recent standard-setting, auditing, and compliance changes into a single, cohesive learning experience.
Participants will begin with an update on major pronouncements issued by the Governmental Accounting Standards Board, including GASB Statements No. 103, 104, and 105, along with a high-level overview of active GASB exposure drafts and ongoing projects. Emphasis is placed on understanding how these changes affect governmental financial reporting, disclosures, and communication with stakeholders.
The course then shifts to auditing developments, covering significant updates to the Yellow Book issued by the U.S. Government Accountability Office, including changes related to quality management, effective dates, and recent updates to the Green Book. Participants will also gain insight into the GAO’s implementation delay and its implications for audit planning.
Finally, the course addresses recent changes affecting Single Audits, including the 2024 Uniform Guidance overhaul, updates to Appendix B of the AICPA GAS/Single Audit Guide, recent Office of Management and Budget (OMB) memoranda, and reporting changes related to SAM.gov.
Designed for auditors, preparers, and financial leaders working with governmental entities, this course helps participants understand how recent accounting and auditing changes intersect—and what to watch for as expectations continue to evolve.
Objectives

Recall the impact of recent GASB pronouncements on governmental financial reporting.
Identify new and updated disclosure and reporting requirements affecting governmental entities.
Recognize quality management, independence, and performance requirements under the Yellow Book.
Identify changes affecting Single Audits resulting from the 2024 Uniform Guidance and related guidance.
Recall key developments from recent exposure drafts, implementation guidance, and regulatory updates affecting governmental audits.

(LIAA81/27) Introduction to Not-for-Profit Accounting
2027-06-16 08:30 - 10:10
Event Description
Not-for-profit organizations encounter distinct accounting complexities. This course provides an introduction to the financial statements and specialized accounting principles relevant to nonprofits. Attendees will explore key topics such as net assets, agency transactions, contributions, and endowments, focusing on the unique transactions and account balances that define not-for-profit accounting.
Objectives

Recall the unique accounting principles and transactions applicable to NFP organizations.
Identify the basic financial statements of nonprofit organizations.
Recall the accounting for contributions.
Identify net asset classifications for nonprofit organizations.
Identify agency transactions.

(LIOT12R/27) Power Skills: Your Guide to Professionalism and Client Interactions - Rebroadcast
2027-06-16 10:20 - 12:00
Event Description
Client interactions and professionalism are at the core of what we do as accountants. However, communication with clients is not always as straightforward as it may seem. Sometimes there will be difficult conversations and disagreements that can be tough to navigate. During this course, we will discuss best practices when communicating with the client, and also walk through complicated scenarios to practice what we learn.
Objectives

Recall best practices in professionalism during oral and written communication with clients.
