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Monday, April 5, 2027 Live Webcast

Sarbanes-Oxley 20 years later - Sourcing Emerging Risks Part 2 (X4-7844166)

12:00 PM - 1:35 PM EDT
webcast

Vendor Platform

1.8 CPE Credits in AA

OVERVIEW

It would be amiss to not recognize that the passage of time has changed our world. Think of various events such as economic change, technological evolution, the pandemic etc. These are just a few of the changes that may have impacted the manner in which we execute some of the processes outlined in the SOX legislation. In this segment we will focus on sourcing of emerging risks by utilizing to COSO principles.

DESIGNED FOR

Anyone responsible for analyzing or interpreting nonprofit financial statements

BENEFITS

  • Explain how properly designed and performed analytical procedures contribute to reducing audit risk
  • Describe the required elements of an analytical test that must be documented to satisfy professional standards
  • Describe the most common financial statement analytics used to interpret the financial results of a nonprofit
  • Common ratios and trends to assess liquidity, operating efficiency, leverage, and more  

HIGHLIGHTS

  • How to leverage preliminary and substantive analytic procedures to improve the effectiveness and efficiency of financial statement audits
  • The required elements of a substantive analytic procedures to address detection risk
  • Tips and traps of applying an analytic approach to satisfy audit objectives
  • Explaining the usefulness of analyzing diverse trends and ratios in a nonprofit environment to meet the needs of various financial statement users
  • Common ratios and trends to assess liquidity, operating efficiency, leverage, and more

COURSE LEVEL

Update

PREREQUISITES

None

ADVANCE PREPARATION

Familiarity with the nonprofit industry

INSTRUCTOR

Lynn Fountain

Lynn Fountain, CGMA, CRMA, M.B.A.

AICPA

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PRICING

$79.00 - Member

$99.00 - Nonmember

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Note: Online pre-registration will close on April 5 at 11:30 AM.

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