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Wednesday, November 29, 2017 Live

Rapid Fire Solutions to A&A (E1711091)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

APA Hotel Woodbridge

120 Wood Avenue South
Iselin , NJ 08830

8 CPE Credits in AA

OVERVIEW

This program uses a question and answer format to discuss real practice questions that have been raised by Loscalzo clients. Take a deeper dive into issues where preparers and auditors continue to have questions, and discuss risk assessment implementation issues, efficiency issues for smaller clients, sampling, and more.

DESIGNED FOR

Those in public practice and industry.

BENEFITS

  • Recognize frequently encountered issues with GAAP financial reporting
  • Learn proper GAAP application
  • Efficiently apply auditing literature to a variety of troublesome issues

HIGHLIGHTS

  • Cash and cash equivalents
  • Purchase/supply commitments
  • Capitalized costs
  • Fair value
  • Investments in closely-held entities
  • Consolidation issues
  • Debt costs
  • Asset retirement obligations
  • Equity transactions
  • Current revenue recognition
  • Audit risk
  • Inherent risk and its role in combined risk
  • Monitoring
  • Key controls
  • When testing controls makes sense and when it doesn’t
  • Difference between the assessment of risk and the identification of significant risks
  • Linkage
  • Report on internal control (significant deficiencies and material weaknesses)
  • Using a service organization auditor’s report (SSAE 18)

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • Qualifies for Yellow Book.

INSTRUCTOR

Rebecca Lee

Rebecca M. Lee, CPA, CGMA

Kaplan Financial Education, Powered by Loscalzo

Rebecca M. Lee, CPA, CGMA Rebecca Lee, licensed as a CPA in Alabama and South Carolina, is a founding Principal with Brooke, Freeman & Lee. She served in areas of the assurance, quality control, and compliance responsibilities for the audit practice. She has served on numerous AICPA and state society committees, including the AICPA Management Consulting Service Professional Practice Subcommittee, Small Business Consulting Practices Subcommittee, and Council of the AICPA. She has chaired both the Management Advisory Committee and the Personal Financial Planning Committee of the Alabama Society of CPAs. Rebecca currently serves on the Illinois Society of CPAs Peer Review Committee, which serves multiple state societies of CPAs. Rebecca has served as professor of management accounting in the graduate studies (Master in Public and Private Management) program at Birmingham-Southern College. Rebecca holds a BS degree in accounting from Jacksonville State University, along with a master’s degree in Accounting from Birmingham Southern College. She is a member of the Alabama Society of CPAs, the South Carolina Association of CPAs, and the AICPA.

PRICING

$299.00 - Member

$399.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Loscalzo Institute

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