Accounting

Explore the relevance of standard cost accounting in today’s dynamic manufacturing landscape with Ivan Chirolla, an expert in financial management and cost systems. This engaging course for CPAs delves into modern challenges, evaluates the role of standard costing, and provides actionable insights for optimizing financial strategies in manufacturing. Stay ahead of industry trends and enhance your expertise! Discussion Leader: Ivan Chirolla

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.
Discussion Leader: Jaclyn Veno

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.
Discussion Leader: Jaclyn Veno

Property, Plant, & Equipment is often one of the largest balances on the financial statements. This course will cover the foundation of auditing PP&E, including the related audit assertions, risks, & threats to the PP&E 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.
Discussion Leader: Jaclyn Veno

How to Audit: Expenses and Payables It is imperative that audit staff understand the fundamentals of expenses & payables. This course will cover the basics of auditing expenses, accrued liabilities, and other payables, including the related audit assertions, risks, & threats to the expenses & payables balances.

During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.

Discussion Leader: Jaclyn Veno

Fraud involves an intentional act to deceive, which may result in material misstatement in the financial statements due to fraudulent financial reporting or misappropriation of assets. Management’s responsibility is to design, implement, maintain and monitor a system of internal control to prevent, or detect and correct, fraud. This module will focus on real-life and practical examples of fraud trends in the current environment. Discussion Leader: Jennifer Louis

This course will cover the Accounting Standards Updates (ASUs) issued by the FASB that are effective for 2022 year ends. The course will also address those standards that will be effective in the near future that are well suited for early implementation We’ll take a deep dive into how to prepare for the leases and financial instruments standards in longer courses. Discussion Leader: Melisa Galasso

This course provides a practical overview of the most important issues facing most companies and accountants. The focus is on explaining the basis behind major accounting and financial reporting issues and trends in plain language, enabling professionals to understand the most important aspects of relevant generally accepted accounting principles, and why any planned or potential changes are coming down the pike. Discussion Leader: Jennifer Louis

This course provides a practical overview of the most important issues facing most companies and accountants. The focus is on explaining the basis behind major accounting and financial reporting issues and trends in plain language, enabling professionals to understand the most important aspects of relevant generally accepted accounting principles, and why any planned or potential changes are coming down the pike. Discussion Leader: Jennifer Louis

Most financial leaders would agree that budgeting is easy when business and the economy are stable. When revenues and expenses are expected to remain the same, the process becomes merely an exercise in carrying over what was done before to the current year. However, what happens when we are not sure about how the market will react to our product? What happens when the competitive landscape changes? In this course, we will discuss budgeting techniques and considerations when business lacks stability. Through a combination of theory and real-world examples, we will explore how to build flexibility into our budget – so that it can inform and drive decision-making when we don’t quite know what is ahead. Discussion Leader: David Peters