The PCAOB has adopted a new standard, Auditing Standard 2501, Auditing Accounting Estimates, Including Fair Value Measurements, and related amendments. This new standard replaces the Board's existing standards on auditing accounting estimates, fair value measurements, and derivative instruments. The PCAOB objective is to strengthen and enhance requirements for auditing estimates, including fair value measurements. This rulemaking is a companio...

Managing Your Ethics in the Professional Setting Ethics training for the CIA, CPA, CFE and CISA to meet their CPE requirements. Look at Ethics from the from a number of perspectives: fraud examiner, investigator, auditor, accountant, attorney or business owner's. Each professional group provides their code of conduct or set of professional ethics. This seminar explores how to manage professionals behavior within these guidelines. This timely,...

A Practical Approach to ERM "Effective risk management allows an organization to have the confidence to take risks." The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has unveiled an update to its Enterprise Risk Management - Integrated Framework and is seeking public comment of the proposal, from June 15 through Sept. 30. The update, Enterprise Risk Management - Aligning Risk with Strategy and Performance, is designe...

This training event gets the attendee ready to meet the challenges of a high-tech, global marketplace to lead small projects and create successes for organizations. Build a solid base of project management knowledge, best practices, techniques, and tools in this 8 hour CPE event that covers the entire project life cycle. The key to success for your COSO 2013 implementation project to have effective project management. The use of project manage...

Fraud is a serious problem organizations need to prepare for and looking for. Any Internal Audit function needs support management's efforts to establish a culture that embraces ethics, honesty, and integrity. Internal Auditors assist management with the evaluation of internal controls used to detect or mitigate fraud, evaluate the organization's assessment of fraud risk, and are involved in any fraud investigations. What is forensic accountin...

Auditing the Procurement Function is an important assignment for auditors and compliance departments. The seminar presents: The definition, scope, and importance of purchase to pay process, The core challenges of procurement process, The important risk areas of fraud, ethics, and external factors, Common risks, procedures, and internal controls at different stages of the purchase to pay process. Procurement tactical and strategy planning. This...

A Practical Approach to Internal Controls The Green Book sets the standards for an effective internal control system for federal agencies and is a crucial safeguard over public resources. State, local, and quasi-governmental entities, as well as not-for-profit organizations, may adopt the new Green Book standards as a framework for an internal control system. This four hour CPE seminar provides an overview of the principles-based Green Book an...

"Effective risk management allows an organization to have the confidence to take risks." Risk management is a continuous, forward-looking process that is an important part of managing an organization, a technology project or other project. Risk management should address issues that could endanger the achievement of critical business or project objectives. However, there are a number of consequences if there is not a proper strategy for identif...

One of the goals of an internal audit project is to improve an organization's overall ability to function effectively. This goal is accomplished through the identification of control weaknesses, potential process improvements, and positive change opportunities. Audit workpapers facilitate this process by enabling auditors to document work performed from the planning stage to the final closing meeting. Workpaper objectives include: Document the...

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has finished updating the "Internal Control Integrated Framework (ICIF) in 2013. This training seminar covers the best practices for establishing and sustaining internal control for any organization including public companies under Sarbanes-Oxley (SOX). This one-day seminar includes sustaining SOX compliance and the latest guidance from the SEC, PCAOB, COSO and COBIT....