CPE Catalog
Note
AICPA On-Demand & Self-Study courses take up to 24 hours to process.
Peer Reviewer Forum: Q3
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Online
1.00 Credits
What's new in Peer Review? During this quarterly webcast, we will update peer reviewers on key recent developments in the AICPA Peer Review program. Please be sure to submit your questions and suggested topics to Peer Review staff so it can be addressed during the presentation!
AI-Powered Excel: Leveraging AI and ChatGPT for Supercharged Productivity
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Online
1.00 Credits
Learn how to enhance your Excel workflows with AI in this course, "AI-Powered Excel: Leveraging AI and ChatGPT for Supercharged Productivity." Discover the various AI features built into Excel and how to use ChatGPT to create, understand and troubleshoot Excel functions and formulas. Imagine turning two-hour Excel tasks into two minutes of effort! This course will help you streamline your Excel work, research and documentation, saving you time and effort in your day-to-day tasks.
Risk Assessment Under SAS No. 145
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Online
2.00 Credits
Get familiar with SAS No. 145 (bold) In October 2021, the AICPA Auditing Standards Board issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement. SAS No. 145 does not fundamentally change the key concepts underpinning audit risk. Rather, it clarifies and enhances certain aspects of the identification and assessment of the risks of material misstatement to drive better risk assessments and, therefore, enhance your audit quality. Hear from members of the Auditing Standards Board's risk assessment task force as they help you learn to navigate SAS No. 145 and examine new and updated concepts including: A new definition of significant risk New guidance on maintaining professional skepticism Revised requirements to evaluate the design of certain controls Separately assessing inherent risk and control risk Revised requirements regarding audit documentation New guidance on scalability
Use of technology in an audit of financial statements - Risk Assessment
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Online
2.00 Credits
How technology can help auditors improve efficiency, effectiveness and quality [bold] Auditors are perpetually in pursuit of enhancing the efficiency and effectiveness of their audits while upholding consistently high standards of quality. The integration of technology into the audit process can seamlessly accomplish these objectives. Join us as we delve into the insights of two distinguished members of the AICPA Auditing Standards Board's Technology Working Group, including its chairperson. You'll learn how technology can empower auditors to navigate the escalating demands of modern audits, particularly in the face of overwhelming data volumes, by harnessing available tools. Our presenters discuss common reasons auditors may resist using technology and why those reasons, even more commonly, are not always valid. Once you have an understanding that overcoming barriers to entry is possible, the Technology Working Group experts will guide you through the audit process. You'll explore key junctures where automated tools, techniques and commercial software solutions can revolutionize your audit methodology for the better. Our presenters then return to examine, in detail, how technology can help auditors during one of the most important steps in the process, the risk assessment. Highlighting benefits to efficiency and effectiveness, the new AICPA practice aid "Use of technology in an audit of financial statements" is the focus. Part I of this evolving practice aid takes a deep dive into risk assessment procedures. Walking through examples allows you to see how the guidance in the practice aid can assist in your daily work.
Practical Tools and Tips to Help CPAs Manage Risk (Tax Services Focus)
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Online
4.00 Credits
Managing the risk of offering tax services Providing tax services can help attract new clients to your firm, unlocking significant growth. At the same time, there are risks to offering tax services. The tax services practice area is particularly prone to professional liability claims, according to the latest data. You can mitigate the risks of professional liability claims by implementing processes designed to curb the potential for client disputes. Protecting your firm from risk This session will present day-to-day risk management protocols and provide realistic ways to adjust your operations to insulate your firm and staff from risk. You can learn tips for: Client acceptance Engagement letters Client communications Onboarding Billing and fee management Acknowledging risks beyond your tax practice Although tax services represent a significant share of all malpractice claims against CPA firms, other practice areas come with their own risks. You'll also examine the risks of offering certain accounting services and learn how to create processes that reduce the risk of malpractice. Additional benefits In addition to earning CPE credits, CNA policyholders may earn up to a 10% premium credit for three consecutive years on their AICPA Professional Liability Insurance policy. *Please consult your agent for further details regarding eligibility.*
New Quality Management Standards: Resources - Expectations for Firms and Engagement Partners
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Online
1.00 Credits
Leverage resources for optimal QM performance (bold) Managing a firm's resources to achieve the objectives of a quality management (QM) system involves planning, maintaining, scheduling, and allocating resources in ways that are best for each firm - but the system needs to use and leverage resources effectively. In this webcast, you'll gain a better understanding of how firms can design and operate their QM systems to appropriately manage resources - human, technological, intellectual, and financial. Managing resources is not only about the quantity available but also having the correct proportion of each resource to perform quality engagements. These revised standards strengthen an engagement partner's responsibilities for quality management at the engagement level and may positively change aspects of corporate culture. Second in a four-part webcast series (bold) This is the second webcast in a four-part series on the Auditing Standard Board's (ASB) new quality management standards. You'll take a deep dive into the resource component of the ASB's Statement on Quality Management Standards (SQMS) No. 1, A Firm's System of Quality Management (ital), and the engagement partner's responsibility for resources under Statement on Auditing Standards (SAS) No. 146, Quality Management for Engagements Conducted in Accordance with Generally Accepted Auditing Standards (ital). Attendance in each webcast in this four-part series will earn you one CPE credit. You can participate in one or all based on your interest in the topics. A rebroadcast of this webcast is scheduled for Dec. 8, 2022, at 2pm ET.
Building Resiliency: The Upside of Stress
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Online
1.00 Credits
The positive power of stress How we think about stress determines its effect on us. This webcast presents scientific studies and personal stories to help you rethink stress and make it work for you, not against you. Stress can increase our intellect, physical and emotional strength, and our empathy toward others, leading to greater success.
Annual Update for Controllers and Finance Managers: Driving Business Value
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Online
7.00 Credits
CFOs, controllers and finance managers often play a key role in driving value within an organization. Explore best practices tailored to help enhance your impact.
Risk Management Techniques and Tools
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Online
2.00 Credits
Identify and eliminate risk Understand how risk affects all areas of business-from hiring and onboarding to customer fulfillment and customer support, and everything in between. Gain the knowledge to make informed decisions about risk assessment. Understand the importance of fully integrating risk assessment techniques into other elements of enterprise risk management. Tools and techniques With the assistance of 17 tools and techniques, learn how to assess and manage risks in your organization. Compare SWOT analysis and PESTLE analysis in analyzing risks. Understand how enterprise risk management (ERM) can help protect and enhance stakeholder value. Learn how ERM can be used by businesses of all sizes.
Governmental and Not-for-Profit Annual Update
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Online
8.00 Credits
The latest GASB developments and federal audit changes affecting governments and not-for-profits (NFPs) are explored in this update overview.
Navigating Supplier Sustainability Information Requests
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Online
1.00 Credits
Effective sustainability reporting Requests for supply chain reporting of detailed sustainability data have increased substantially in recent years. The surge has been driven by the need for companies to assess the environmental impact and sustainability practices of their supply chain operations and the products they deliver. Increased regulations and voluntary reporting requests from the largest retailers and manufacturers necessitate cooperation from suppliers in providing accurate data. This webcast will address challenges organizations face with managing multiple fragmented data requests and the difficulties in responding to complex and evolving requirements. We will explore best practices for supporting clients in collecting accurate, comprehensive data. This webcast includes: -An overview of requests from platforms like CDP, EcoVadis, and other proprietary systems High-level strategies for effective sustainability reporting and tools Resources to streamline the reporting process and enhance an organization's sustainability profile to meet customer reporting requirements
Interpreting the FASB Revenue Recognition Standard: What All CPAs Need to Know
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Online
4.00 Credits
Well-defined revenue recognition guidelines, insights and practical management tips designed to address the complexities of FASB ASC 606.
Individual Tax Fundamentals - Tax Staff Essentials
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Online
8.00 Credits
Tax professionals can enhance their practice by studying tax-saving strategies for individual clients.
Leases: Mastering the New FASB Requirements
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Online
8.00 Credits
FASB ASC 842, *Leases*, standards decoded By learning essential information about lease accounting requirements, you'll understand the core principles of the standards and how to apply them. You'll explore topics, such as: Identification Recognition Measurement Presentation and disclosure requirements Deliberate application of lessee accounting model You'll also learn about classifying leases, the amortization of the right-of-use asset, and the interest on a lease liability. Additional topics include: Short-term leases Purchase options Variable lease payments Sale and leaseback transactions Leveraged leases
Competing for Talent: Closing Gaps and Building Firm Culture
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Online
1.00 Credits
Even with the market softening, our profession's long-standing talent shortage continues to impact firms across the country. While solutions are being pursued at the national level to attract more people to a career in accounting, firm leaders must also take action. By closing the salary gap for new accounting grads, enhancing firm culture, and creating destination workplaces that both attract and retain talent, firm leaders will excel at attracting and retaining talent, their most precious resource. In this session, ConvergenceCoaching, LLC and AICPA will explore trends impacting talent and discuss tools and resources available to help firm leaders compete for talent through culture, compensation, and capacity.
Controller Series: Insightful Financial Analysis
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Online
1.00 Credits
Anyone can "crunch numbers" but it takes special skills to make them meaningful to the user. Financial statements and ratios need to be interpreted correctly using a process that sets the context, identifies the right analysis tools, and makes recommendations in an understandable format. This course will help you present your insights in a way that is insightful and impactful to your client.
Documenting Internal Control
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Online
1.00 Credits
Documenting internal controls Familiarize yourself with commonly used documentation tools, such as narratives, flowcharts, internal control questionnaires and control matrixes. Walk through COSO's internal control template used to document an assessment of a system on internal control.
Obtaining an Understanding of Internal Control
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Online
1.00 Credits
Understand internal control Understand internal control in risk assessment as required by GAAS. Gain an overview of internal control and related key aspects so that you recognize auditor and management roles and responsibilities related to internal control and procedures involved in understanding an entity's internal control in a risk assessment.
Documenting Your EBP Audit: What You Need to Know
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Online
8.00 Credits
What you document matters Understand different parts of the employee benefit plan (EBP) audit process, and learn to think holistically about your level of audit documentation. Understand the appropriate level of documentation in the performance of audit procedures of employee benefit plans, which will involve testing items that are not typically tested in audits of other types of entities. Real-life examples Learn from real-life examples and solutions, guided by a former employee benefit plan expert panel member and someone who performs peer reviews. Work in templates to truly understand documentation in an EBP audit, and learn best practices for documentation to incorporate into your audits.
New Quality Management Standards: What's New for Firms' Monitoring and Remediation Processes
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Online
1.00 Credits
Boost quality management through improved processes (bold) With an emphasis on more proactive and continual improvement, the monitoring and enforcement of quality management (QM) systems for audit and accounting practices have changed. The revised QM standards take a proactive approach to quality management, with an increased emphasis on monitoring, remediation and improvement. Firms are now required to evaluate their system and annually conclude on its effectiveness. Third in a four-part webcast series (bold) This is the third webcast in a four-part series on the Auditing Standard Board's (ASB) new quality management standards. In this webcast, you'll take a deep dive into the monitoring and remediation component of the ASB's Statement on Quality Management Standards (SQMS) No. 1, A Firm's System of Quality Management (ital). Attendance in each webcast in this four-part series will earn you one CPE credit. You can participate in one or all based on your interest in the topics. A rebroadcast of this webcast is scheduled for Dec. 13, 2022, at 2:00pm ET.