Auditing

Self-Study Video

Accounting, Auditing

(SSAA137/25) Surgent’s Financial Reporting Update for Tax Practitioners

Tax advisors will be updated on the most recently enacted legislation and IRS guidance as well as updates of recent standard-setting activities at the FASB and AICPA. To start, the course will review the significant tax, financial accounting, auditing, accounting services, and ethics guidance issued by standard setters over the past few years. The course...
Read More

Self-Study Video

Auditing

(SSAA198/25) Surgent’s How Can I Spot Fraud? A Review of Fraud Detection and Prevention Techniques

This 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...
Read More

Self-Study Text

Auditing

(SSAA274/25) Surgent’s Surging Auditors: Professional Skeptic

Participants play the role of an auditor collecting information, making inquiries, and documenting findings around the audit of Home D‚cor and More. They develop professional skepticism skills as they analyze data obtained from an interview with Courtney the Controller, comparing, confirming, and corroborating it against information provided by the CFO. Some things aren't matching up...
Read More

Self-Study Video

Auditing

(SSAA129/25) Surgent’s Effective Communications with Management and Those Charged with Governance

As 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...
Read More

Self-Study Video

Auditing

(SSAA128/25) Surgent’s Evaluating Sufficiency and Appropriateness of Audit Evidence

During a financial statement audit the auditor obtains an understanding of the entity and its environment (including its internal control), performs a risk assessment and from that work designs substantive procedures that will be responsive to the level of risk assessed. At the end of the audit, the auditor assesses the sufficiency and appropriateness of...
Read More

Self-Study Video

Auditing

(SSAA201/25) Surgent’s The Role of the Whistle-Blower

Whistle-blowers play an important role in fraud detection and prevention. This course will review historical financial whistle-blowers and they role they play in organizations, as well as explore whistle-blower myths. It includes a conversation with a whistle-blower and a former FBI agent. This is the last of five 2-hour courses in Surgent's Fraud Certificate Program....
Read More

Self-Study Video

Auditing

(SSAA115/25) Surgent’s Effective Techniques for Auditing Contingencies and Going Concern

In these rapidly changing times, an entity may experience significant uncertainties. This is especially true at this time due to issues entities have experienced as a result of the pandemic declared in March 2020 which are still ongoing for many. New accounting principles issued by the FASB are requiring more estimates which could give rise...
Read More

Self-Study Video

Auditing

(SSAA108/25) Surgent’s Performing Inventory Observations

Generally Accepted Auditing Standards (GAAS) states that if inventory is material to the financial statements, the auditor should generally obtain evidence regarding the existence and condition of inventory by attending the entity's physical inventory count. The types of inventory an entity might have varies from industry to industry as does the risk of fraud or...
Read More

Self-Study Video

Auditing

(SSAA105/25) Surgent’s Auditing Accounts Payable, Accrued Expenses and Debt

This 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...
Read More

Self-Study Video

Auditing

(SSAA282/25) Surgent’s Top 10 Technology Risks and Trends Every CPA Should Know

The use of technology by businesses of all types, including CPA firms, has exploded in recent years, creating the need for proactive and robust cybersecurity risk management practices. This trend has created the need for a data-driven decision-making process but has also introduced risks into many companies' operating environment. This course will explore the most...
Read More