JN CPE Courses
JN Productions CPE Courses - PO Box 293024 - Lewisville, TX 75029
Phone (800)479-5636 Fax (443)222-0698
JN Productions is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417 or by visiting the web site: www.nasba.org
About the Author:
STEVEN C. FUSTOLO, CPA
STEVEN C. FUSTOLO, CPA
Mr. Fustolo is a partner with the Boston CPA firm of James J. Fox & Company and Director of the National Tax Institute, Inc. He is a frequent lecturer and author of numerous tax and accounting issues affecting closely held businesses. An AICPA author, Mr. Fustolo’s articles are regularly featured in The Practical Accountant and other publications. He is the author of Practice Issues: Compilation and Review, Accounting and Auditing Reference Guide, Everything You Never Wanted to Know About GAAP, Enron: Fraud, Deception and the Aftermath, FASB Review for Industry, and FASB, SSARS and SAS Update and Review and numerous other books and manuals. He is the recipient of several Outstanding Discussion Leader awards from many professional organizations including the New York and Florida Societies of CPAs. Mr. Fustolo’s course entitled FASB, SSARS and SAS Update and Review continues to receive accolades and is regarded as one of the top live CPE programs in the country today with ratings that average 4.91 on a scale of 5.0. Mr. Fustolo is the recipient of the Elijah Watts Sells Award (AICPA) and Silver Medal (Massachusetts) for scores received on the CPA Examination.
Course #F040 Printed Book ONLY
$20.00
Course #F040 Ebook (download)
$15.00
Order the book only:
-If you do not need CPE credit but are looking for excellent reference material.
-If you have already ordered the online course or the Mega CPE Special and now want to order the printed book. (No CPE credit is available if you have not ordered the complete course).
Order the book only:
-
Delivery Method: Self-Study. Make your purchase through our secure shopping cart. Once your purchase is completed, you will receive an e-mail with course access instructions.
Format: Online pdf text (Printed book available for addl. $20.00 plus s/h.)
Prerequisites: None
Level: Basic
CPE Credit: 12 Hrs. Auditing
Price without printed book: $117
Price with printed book: $137 plus s/h
Course expiration: You have one year from date of purchase to complete the course.
Course Description: The latest developments affecting audit engagements are addressed in this course. Part of planning an audit involves consideration of the business and economic environment in which the client operates. Thus, auditors need to be aware of the various types of fraud that clients and employees may be committing, especially in light of the recent myriad of lawsuits against auditors and accountants. In addition to applying techniques to limit their liability to their clients and third parties, auditors are confronting other major problems facing the accounting field, including compliance with the Sarbanes-Oxley Act. The Peer Review Comments and new auditing statements provide further guidance on current issues. To deal with the volatility in the business climate, auditors should focus their efforts in key areas and should take lessons from litigation. Additionally, in this course, auditors will learn how to perform more efficient engagements, assess going concern, advise clients on insurance, audit lease agreements, and much, much more.
Objectives:
Prerequisites: None
Level: Basic
CPE Credit: 12 Hrs. Auditing
Price without printed book: $117
Price with printed book: $137 plus s/h
Course expiration: You have one year from date of purchase to complete the course.
Course Description: The latest developments affecting audit engagements are addressed in this course. Part of planning an audit involves consideration of the business and economic environment in which the client operates. Thus, auditors need to be aware of the various types of fraud that clients and employees may be committing, especially in light of the recent myriad of lawsuits against auditors and accountants. In addition to applying techniques to limit their liability to their clients and third parties, auditors are confronting other major problems facing the accounting field, including compliance with the Sarbanes-
Objectives:
Identify the factors that an auditor may consider in assessing overall business risks
Explain specific account risks that are important to the auditor
Explain the types of fraud and the three conditions in the fraud triangle
Discuss the primary types of fraudulent cash receipts and cash disbursements
List the symptoms of a high- and low-fraud environment & specific signs of fraud
Understand the audit requirements that deal with fraud that are found in SAS 99
Discuss Chamber of Commerce recommendations to save the audit profession
Explain the recommendations made by the Big Four report on how to change to global financial reporting and public company audit procedures
List the AICPA’s top 10 technology issues affecting auditors.
Identify the problems growing with Sarbanes including the significant costs, proposed changes, and its specific impact on small businesses.
List the key deficiencies found in peer review
Discuss the requirements of newly issued SAS No. 102 to 116
Identify focus areas dealing with volatility in the business climate
Compute the four working capital ratios on which an auditor should focus
List the common pitfalls that continue to expose accountants to loss in litigation
Identify the top ten actions to minimize the risk of being sued
Apply suggestions on how a firm can reduce time and increase audit efficiency
List factors that raise doubt about an entity’s ability to continue as a going concern
Understand provisions in a commercial lease that should be eliminated from the tenant’s perspective
Discuss the auditors’ responsibility for subsequent events;
List the requirements that should be followed in a reaudit engagement
Explain the two types of subsequent events
Apply to requirements of SAS No. 84 in changing auditors
This course is included in our Mega CPE Special