Identify and measure cost drivers and trends within your organization

This webcast will teach you how to:
- Evaluate which accounting practices can assist in managing your organization’s cost
- Separate productivity from economies of scale
- Review allocations, standards, and inventory practices
- Identify cause-effect relationships
- Measure changes in the mix of your costs
- Incorporate lean concepts in your organization

Learning Objectives:
· Differentiate selected accounting topics and practices
· Analyze the uses of break-even analysis
· Compare analytical techniques to improve your ability to isolate and measure cost trends

Who will benefit:
Accountants and finance professionals, owners, controllers, treasurers, financial officers, and other financial managers in organizations with less than $250 million in sales

THIS IS AN AICPA HOSTED WEBCAST. YOU WILL LAUNCH THE COURSE FROM YOUR OSCPA LEARNING CENTER. 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.

This program reviews the various tax crimes, and what the government looks for when determining to prosecute a taxpayer or preparer. The emphasis is on reviewing the privileges, including 5th amendment, attorney-client and accountant-client. Also included is a discussion of the accountant’s role in helping the attorneys prepare analysis, recreating records and looking at tax loss calculations for sentencing. 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:

• Basic tax crimes
• Investigatory techniques 
• Privilege issues 
• Tax loss issues

Who will benefit: CPAs

THIS WEBCAST IS HOSTED ON CPA CROSSINGS PLATFORM. ATTENDEES WILL RECEIVE INSTRUCTIONS ON HOW TO ATTEND THE WEBCAST VIA E-MAIL.

Fraud in the workplace is not new, however, statistics show that the number of instances of internally actuated fraud schemes is increasing. Additionally, because of all the changes that have come about due to recent upheaval, fraud risk is at an all-time high. This session starts by reviewing the many reasons that fraud occurs; it then looks at ways to detect internal fraud and finally explores control measures that can help to reduce fraud risk. Those that take the class will learn just how invasive and damaging internal fraud can be. They will also know ways to detect and thwart fraudulent activity. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Major topics covered in this course include:

• Recognize why internal fraud occurs
• Policies, procedures, and control measures designed to fight fraud

Who will benefit: Accounting/business professionals that need to learn more about internal fraud.

THIS WEBCAST IS HOSTED ON CPA CROSSINGS PLATFORM. ATTENDEES WILL RECEIVE INSTRUCTIONS ON HOW TO ATTEND THE WEBCAST VIA E-MAIL.

Get familiar with SAS No. 145

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

Learning Objectives:
· Recall why risk assessment is important.
· Recognize the areas where practitioners may struggle.
· Identify the major differences in risk assessment under SAS No. 145 and why they were incorporated by the Auditing Standards Board.
· Recognize the practical impact to the risk assessment process and the work to be performed.

Who will benefit:
· Practitioners who perform audit engagements

THIS IS AN AICPA HOSTED WEBCAST. YOU WILL LAUNCH THE COURSE FROM YOUR OSCPA LEARNING CENTER. 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.

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

Who will benefit: Appropriate for professionals interested in understanding fraud trends and how to management risk

THIS WEBCAST IS HOSTED ON CPA CROSSINGS PLATFORM. ATTENDEES WILL RECEIVE INSTRUCTIONS ON HOW TO ATTEND THE WEBCAST VIA E-MAIL.

Auditing Revenue Recognition - Grasping the Higher Risks and Special Audit Considerations will provide tips and techniques for obtaining sufficient and appropriate audit evidence to support conclusions related to accounting for revenues obtained from contracts with customers. Revenue recognition is presumed to be a significant risk for financial statement auditing purposes due to the increased risk of both fraud and error. Note: This course is recommended as a part of a 16-hour audit skills curriculum for supervisory or managerial auditors, while it is also appropriate for anyone who has responsibilities in auditing revenues. 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:

• Generally accepted accounting principles related to sales, including the newest revenue recognition model of Topic 606
• Common revenue recognition fraud schemes and potential audit responses
• Audit responses to significant risks requiring special audit consideration related to revenue recognition

Who will benefit: Accountants responsible for auditing revenue recognition

THIS WEBCAST IS HOSTED ON CPA CROSSINGS PLATFORM. ATTENDEES WILL RECEIVE INSTRUCTIONS ON HOW TO ATTEND THE WEBCAST VIA E-MAIL.

Auditing standards require auditors to assess risk—including controls—and use that assessment as a foundation for performing the audit. Risk assessment is not just a technical GAAS requirement, it has a direct impact on realization. Audit teams that perform a thorough risk assessment are more likely to have high realization engagements than those who go through the motions. This course is designed for small business audit teams. It addresses the risk assessment procedures and responsibilities for each team member and how they fit together to create more effective and efficient 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 class include:

Each element of the risk assessment process:

• Understanding the client’s business and industry in which it operates
• Internal control
• Assessing the magnitude and likelihood of risk
• Linking risk assessment to substantive audit procedures

Who will benefit: Individual auditors and audit teams who wish to improve the effectiveness and efficiency of their engagements. Audit firms that have identified weaknesses in their audit risk assessment process.

THIS WEBCAST IS HOSTED ON CPA CROSSINGS PLATFORM. ATTENDEES WILL RECEIVE INSTRUCTIONS ON HOW TO ATTEND THE WEBCAST VIA E-MAIL.

Accounting standards affecting not-for-profit (NPF) organizations have become increasingly complex, and, as a result, a great deal of confusing exists as to how to properly account for certain transactions unique to these organizations. This course will clarify proper accounting and reporting for these troubling areas. 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:

• Determining whether a transaction is a revenue versus a gain or an expense versus a loss and why that is important for proper financial reporting
• Clarifications related to agency transactions, including when variance power is present
• New definitions and requirements related to contributed services and gifts in kind
• Comparing the proper reporting for comparative versus summarized financial reporting
• Clarifications regarding the options available for reporting special events
• A greater understanding of the unique features of the statement of cash flows for NFPs
• Clarifications related to joint costs and their allocation

Who will benefit: Anyone responsible for preparing, reviewing, or auditing NFP organizations financial statements.

THIS WEBCAST IS HOSTED ON CPA CROSSINGS PLATFORM. ATTENDEES WILL RECEIVE INSTRUCTIONS ON HOW TO ATTEND THE WEBCAST VIA E-MAIL.

Our focus is to reduce the overall risk of fraud. To that end, this course focuses on what factors contribute to turning honest employees into schemers. Discussion will include integrity and ethics, as well as how people may react in certain situations. We also explore the darknet and cryptocurrency fraud. 

Learning Objectives:

- Understand the prevalence of fraud

- Realize how organizations may cause fraud without realizing it

- Comprehend the cost of fraud

- See how the new COSO Framework for Internal Control focuses on fraud

- Understand that there are many layers in fraud defense

Major Topics:

- Fraud's cost: ACFE's Report to the Nations; Ancillary costs

- Current economy: Microeconomics; Analyses

- COSO's Internal Control Framework: Principle #1 - Integrity/Ethics; Principle #8 - Fraud Risk Assessment

- Power of morale: Shrink the fraud triangle; Motivation

- Why good folks go bad: What studies indicate; Five interesting findings; Red flags

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.

With each new crisis, surviving organizations revise their risk management plans, often modeling situations which look like the one just past. Whatever crisis troubles your organization next, it is not likely to be another pandemic, but may resemble some other crisis from the distant past. Research shows that top performing organizations do no better than their mediocre-performing peers at predicting the next crisis. However, because they have plans in place to handle one possible risk, they are better prepared when a different crisis happens as a result of having important elements of a solution in place. Often well-prepared organizations actually end up better off because the crisis occurred. 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:

• Black Swan Risks 
• Role of Finance, Internal and External Auditors
• COSO's Risk Management Standards
• The COSO Cube
• The COSO Double Helix
• Risk Management Definitions 
• Event Identification
• Expected Value Analysis
• The Heat Map
• The World Economic Forum Global Risk Reports
• Alternative Risk Responses
• Avoidance
• Reduce/Increase
• Share
• Accept 
• Lessons from the Great by Choice Research 
• Personal Risk Management

Who will benefit: Auditors, CEOs, CFOs, Controllers, Board Members, Internal Auditors and those with risk management responsibilities

THIS WEBCAST IS HOSTED ON CPA CROSSINGS PLATFORM. ATTENDEES WILL RECEIVE INSTRUCTIONS ON HOW TO ATTEND THE WEBCAST VIA E-MAIL.