Designed for accounting and attestation practitioners at all levels in both public accounting and business and industry, this course provides a detailed review of SAS No. 145 and brings you up to date on FASB and AICPA standards issued over the past few years. The course also provides many hands-on examples and illustrations to help apply the guidance in practice and discusses other important practice matters to be aware of, including an update on peer review and audit quality.

Learning Objectives

• Recall and apply recently issued and proposed FASB and AICPA pronouncements

• Recall and apply guidance from ASC Topic 842, Leases

• Understand SAS Nos. 142 and 145

• Identify other important A&A practice matters to be aware of

• Utilize hands-on examples and illustrations to demonstrate an overall understanding and application of the material

Major Topics

• Recently issued FASB Accounting Standards Updates, the PCC Update, and items on the FASB’s Technical Agenda

• Leases – Topic 842

• Review of SAS No. 142 – Audit Evidence

• Recently issued SASs and other AICPA activity

• Detailed review of SAS No. 145

• Other important A&A practice matters

Designed For

Accounting and attestation practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities

This virtual seminar is being offered through our partnership with Midwest State CPA Societies. You will launch from your MyOSCPA learning center day of and be prompted to enter in name and state society at time of entering.

Ethics are of central importance to the CPA profession. But what do we mean by ethics? Is it just appropriate behavior, compliance with laws, or is it more than that? In this course, we'll discover what sets ethics apart and, therefore, sets the profession apart as well. We'll explore the tools available, the role of bias, and dive into real life case studies. We'll apply the AICPA's ethical framework and detect where bias was involved in the case studies. We'll even discover that one person set the price tag on their ethics at $53.7 million, only to lose it all in the end. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this class include:

• Understanding ethics
• Available tools to aid in ethical decision making
• The role of bias in making ethical decisions
• Application through case studies

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

This course will start with a review of the impact of the 2024 Compliance Supplement on Single Audits, as well as, the changes to the Uniform Guidance. We will also review common audit deficiencies found in Single Audits. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this course include:

• Review of the impact of the 2024 Compliance Supplement on Single Audits
• Review of the changes to the Uniform Guidance
• Review of common audit deficiencies found in Single Audits

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

Two of the hottest topics in the CPA profession today are CAS (client advisory services) and ChatGPT. This course will explain how to bring these two worlds together by integrating ChatGPT and other generative AI applications into your client advisory services. John Higgins, a leading advisor to the profession on ChatGPT and a seasoned client advisor on technology based solutions, will show you how you can position your firm and yourself as a "go to" advisor on how to embrace this technology in virtually any type of business. John will address how to use this technology as a research and writing assistant in your client services and how to advise your clients on this revolutionary technology and all benefits and "gotchas" that come with it. If you want to step up your advisory game, this course is a "must take." This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this course include:

• ChatGPT and generative AI technology primer
• Building your generative AI vocabulary
• Dig deeper into your engagement research to develop a higher quality advisory service
• Polish your client reporting with the help of ChatGPT
• Developing your ChatGPT client advisory services
  • Start with client education. You don’t need to be a technical expert to be an educator
  • Use AI to help your clients automate their workflows / business processes
  • Build better spreadsheets with ChatGPT and Excel
  • Help your clients identify, evaluate and select applications for their business

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

Fraud Trends - Applying Real-life Lessons to Small- and Mid-Size Entities will focus on real-life and practical examples of fraud in smaller- and mid-size environments, including nonprofits. 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. Note: This is a part of the suggested 16-hour Audit Skills Level 4 curriculum for experienced in-charges or seniors. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this course include:

• Fraud trends per the most recent Association of Certified Fraud Examiners (ACFE) Annual Report on Fraud and Abuse
• Real-life examples of fraud in nonpublic entity and nonprofit environments.
• Cyber-security risks of fraud

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

This course describes how cyber attacks through impersonation are conducted. It also provides practical advice and recommended security controls to implement, reducing the likelihood and impact of an impersonation cyber attack. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this class include:

• Impersonation techniques used to launch cyber attacks
• Cybercriminals' focus: stealing financial assets and intellectual property
• Practical advice on controls to implement to reduce victimization from impersonation cyber attacks
• Practical advice to reduce the impact of a cyber attack

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

"Never have the benefits, and related risks, of utilizing new technology been greater for those in the accounting profession. From Artificial Intelligence (AI), Robotic Process Automation (RPA), and Audit Data Analytics (ADA) to cloud-based software solutions, our clients’ technology landscape is rapidly changing. Accordingly, we, as accounting professionals, need to be on the forefront of these changes, including having a firm understanding of the risks associated with the use of these tools. In this course, we’ll review these trends, highlight new and emerging products, and focus on cybersecurity risks and best practices that will allow accounting professionals to help our clients navigate these exciting but challenging times. Plus, we’ll review the newly issued guidance on audit evidence found in SAS 142, which guides our use of technology on our professional engagements.

Learning Objectives

• Identify the business drivers of companies today and the need for data-driven decision making

• Identify other current trends in information technology applications for clients and auditors

• Discuss SAS 142 and how it applies to the new audit methodologies using technology

• Explain how auditors are integrating audit data analytics into the audit process

Major Topics

• Data-driven decision making processes

• Top technology trends and related risks, including cloud computing, AI, RPA, and blockchain applications

• Common IT security risks and controls

• Requirements of SAS 142

• Use of analytical procedures on professional engagements

Designed For

CPAs in public practice with accounting, financial reporting, or attest responsibilities

This virtual seminar is being offered through our partnership with Midwest State CPA Societies. You will launch from your MyOSCPA learning center day of and be prompted to enter in name and state society at time of entering.

CPAs spend most of their working lives reviewing bank statements and books and records of businesses. They are experts in understanding how to prepare financial statements according to GAAP. But would a CPA know a possible money laundering transaction if they saw it? Would they know about a money laundering business? Money laundering is a subject of many action and thriller movies, but rarely understood. This presentation will educate the CPA in understanding the basics of money laundering and how to identify money laundering. This presentation will help the CPA know the truth about money laundering, how to identify it, the statutes that define it, and the court cases that interpret it. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this class include:

• The theory of money laundering
• Common money laundering statutes
• Examples from court cases of money laundering statutes
• Common occurrences with CPAs
• Possible money laundering transactions
• Applying the money laundering statutes in real life scenarios

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

Ethical behavior is not a destination it is a journey with twists, turns, and bumps in the road. We are faced with ethical dilemmas every day. Do I speed to make it to a meeting? Do I call in sick because I need a break? When does "helping my child with their homework" become "doing it for them"? CPAs are ethical most of the time, but staying ethical is hard. It gets harder when we are under stress. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this class include:

• Explore the effects of crisis and burnout on ethical decision-making
• Define the stressors, pressures, and biases that can lead good people to make less than optimal choices
• Discuss ways to offset the pressures, ways to reduce stress on ourselves and on our team, and ways to support our teams
• Learn how to recognize when an individual or an organization is heading in the wrong direction and how to stop sliding down the slippery slope

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

In this FutureReady course, Tom Hood explains how Strategic Foresight is crucial to preparing your organization for a future of exponential change. First, he defines Strategic Foresight and shares different ways of applying it. Then, he demonstrates how to prepare for a future that you can’t yet see. And finally, Tom covers different types of innovation and how to apply them to your career and organization.

Learning Objectives:

· Learn the definition of Strategic Foresight

· Learn the three levels of foresight and how to apply them to your business

· Learn how to prepare for a future that you can’t yet see

· Learn different types of innovation and how to apply them to your career and organization

Who will benefit:

Aspiring leaders and leaders of teams and organizations

THIS IS AN AICPA HOSTED WEBCAST. YOU WILL LAUNCH THE COURSE FROM YOUR OSCPA LEARNING PORTAL. AICPA WILL ISSUE AND MAINTAIN YOUR CREDITS. PLEASE MAKE SURE TO DOWNLOAD YOUR CPE CERTIFICATE FROM AICPA WEBCAST PORTAL AT THE CONCLUSION OF THE WEBCAST.