Staff Training Level I

Overview

Equip your newest staff with the knowledge, skills, and mindset to work efficiently and profitably on audits, reviews, and compilations. This foundational training sets them up for success, boosting both productivity and confidence.

Highlights

Role of New Staff : Setting them up for Success The profession is evolving, and so are client expectations. This session helps new staff understand how a “total service approach” drives firm growth—and how they can contribute from day one.

Audit Objectives: Building a Strong Foundation Your team will gain a clear, structured understanding of the audit process, key objectives, and critical decision points. They’ll learn when and how to apply transaction and balance tests efficiently.

Accounting Data Analytics (ADA): A Must-Have Skill This module introduces your staff to data-driven decision-making, giving them hands-on experience applying analytics to real-world client scenarios.

Working Paper Techniques: Reducing Errors & Increasing Efficiency New staff will review and critique cash working papers, identify common mistakes, and learn best practices for accuracy and efficiency—including the benefits of electronic working papers.

Analytical Procedures: Strengthening Risk Assessment Participants will develop the skills to apply analytical procedures effectively, using case studies to spot red flags and assess risk with confidence.

Compilation & Review Services: Understanding Responsibilities This session breaks down the differences between compilations, reviews, and audits, ensuring your team understands levels of assurance, required procedures, and GAAP-compliant financial statement preparation.

Tax Recognition & Research: Identifying Risks & Opportunities New staff will sharpen their ability to recognize tax implications for small and mid-sized clients. Using case studies, they’ll practice conducting basic tax research to support compliance and planning.

Auditing & Reviewing Accounts: Improving Accuracy & Effectiveness Your team will build expertise in auditing key balance sheet accounts, including A/R, A/P, and notes payable. Small-group case studies reinforce practical strategies for gathering and evaluating evidence efficiently.

Designed For

Staff - 0 to 12 months experience

Objectives

To improve inexperienced staff members’ knowledge, skills and attitude to enable them to be more productive and profitable on audits, reviews and compilations.

Preparation

None