CPE Catalog & Events

Description:The amount of electronic content that business organizations contend with is growing at incredible rates. Terms like "Big Data" and "Information Overload", are being used by overwhelmed information workers on a daily basis. Additionally, because of the move to a much larger telecommuter footprint, electronic data is now even more prevalently utilized. This session discusses the places that businesses keep digital information and addresses the importance of securing corporate electronic data. The material effectively shows ways to achieve high security standards for content stored in fixed locations, on mobile devices and in the cloud. Participants in this session will gain an understanding of the concepts needed to improve the way they, and their companies secure digital information.Learning Objectives:After attending this presentation, you will be able to...Identify some of the security risks that affect electronic informationSelect cloud storage providers by employing vetting processRecognize the steps to effectively set up and control cloud storageRecall ways to add security to individual electronic documents as well as to storage areas that must be controlledProgram Content:The major topics covered in this course include:Securing individual documentsProtecting information resident in the CloudSecuring data stored on or accessed by mobile devicesWho should attend: Accounting and other business professionals that need to add security to the electronic content with which they work. Developed By: Taymes, LLCInstructor: Karl EgantoffCPE Credit: 4.0Field of Study: Accounting (4.0 CPE) Prerequisites: NoneAdvanced Preparation: NoneFormat: QAS Self Study

Description:Just about every company, no matter its size or the types of activities it undertakes, is at greater risk because of all the types of fraud that can be be carried out electronically. Potential perpetrators can be operating internally or externally and the scope of the damage that occurs is almost never limited to cyber-assets. While threat awareness is improving, there are still too many owners or top level executives that underestimate the scale of the issue. In this session, we delve into the types and the nature of many electronic defalcation schemes. The material then explores measures that organizations can implement to help stop these activities and add additional layers of security.Learning Objectives:After attending the presentation you will be able to...Recall the primary methods of online fraudIdentify the types of weaknesses that can be exploited by those undertaking electronically based fraudsRecognize specific internal control measures that can help to reduce these types of fraud activities.Program Content:The major topics that will be covered in this class include:The actuation of online and other cyber fraudsFraudulent acts that are initiated electronicallyAutomated and employee driven methods that can reduce cyber-fraud riskWho should attend: Accounting and other business professionals with a need to understand online fraud. Developed By: Taymes, LLCInstructor: Karl EgantoffCPE Credit: 4.0Field of Study: Accounting (4.0 CPE) Prerequisites: NoneAdvanced Preparation: NoneFormat: QAS Self Study

Description:U.S. Department of Treasury's Financial Crimes Enforcement Network (FinCEN) imposed a new reporting requirement that went into effect on January 1, 2024.  Millions of businesses may have to file a Beneficial Ownership Information (BOI) Report. In a surprise turn of events, the Federal District Court from the Northern District of Alabama ruled on March 1, 2024 in National Small Business United v. Yellen ("NSB") that the CTA is unconstitutional.  This course will discuss the CTA's provisions and the court's decision in NSB.  Also covered will be future implications for business entities and steps to consider given the recent ruling.    Learning Objectives: After attending this presentation, you will be able to...Analyze the CTA's reporting requirements for certain businesses.Identify how the business will file its reporting requirements with FinCEN relating to the beneficial ownersIdentify who must file a report and what information must be providedRecall the necessary information needed for each Reporting Company.Identify which individuals must be included in the report.Recognize which entities are excepted from filing.Recall what penalties are imposed for not reporting on a timely basisFormulate a plan for reporting post-NSB.Compare the potential implications of FinCen's proposed rulemaking with respect to non-financed purchases of residential real estate and gratuitous transfers. Program Content: The major topics that will be covered in this class include:Background of the Corporate Transparency ActBeneficial Ownership Information Reporting (BOIR) RuleEntities required to report.Reporting requirements imposed by the CTADue dates of reportsInformation needed to satisfy the BOIRImpact of failure to reportHow to submit a reportCourt rulings on CTA's unconstitutionalityImplications to entities as a result of the ruling in NSB.Potential reporting requirements due to FinCen's proposed rulemaking with respect to non-financed purchases of residential real estate and gratuitous transfers. Who should attend: This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses and individuals that have these tax implications.   Developed By: Allison McLeod      Instructor: Allison McLeod CPE Credit: 2.00 Field of Study: Taxes (2.00)     Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description: CPAs can be requested to assist attorneys in litigation support in criminal proceedings. For criminal tax cases, the IRS has recommended prosecution. However, the rules and stakes are different than a simple civil audit. This presentation will focus on how to assist defense attorneys in calculating tax loss, asking the right questions, and probe possible weaknesses in criminal tax investigations. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation you will be able to...Determine the common weaknesses in a criminal tax investigation.Identify the key documents to review (In a sea of thousands of documents).Select questions for your client to use in court proceedings. Program Content: The major topics that will be covered in this course include:The common weaknesses in a criminal tax investigation.The key documents to review (In a sea of thousands of documents).Crafting questions to recommend in court proceeding. Who should attend: CPAs and forensic accountants. Developed By: Nordlander CPA, PLLC Instructor: Robert Nordlander CPE Credit: 2.00 Field of Study: Taxes (2.00) Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description: If there is a potential error, the IRS will assess a tax and add a hefty penalty, without even knowing the facts. As a tax professional, you will be exposed to the IRS and their methods of penalizing taxpayers for the smallest of violations. This presentation will focus on the rules and regulations that create the penalty, and the reasons that exist that the IRS will consider to remove those penalties. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Identify the authority of the IRS to assess penalties.Recognize the common types of penalties that can be abated.Develop a plan to request penalty abatement.Review real examples of successful penalty abatement. Program Content: The major topics covered in this course include:The authority of the IRS in assessing tax penalties.The types of penalties that can be removed.The process the IRS uses to evaluate penalty abatements.How to request penalty abatements.Best practices in asking for penalty abatement, including using appeals. Who should attend: Tax professionals, including CPAs, EAs, and tax attorneys. Developed By: Nordlander CPA, PLLC Instructor: Robert Nordlander CPE Credit: 2.00 Field of Study: Taxes (2.00) Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description:This course examines actual fraud circumstances through the lens of potential prevention. We will examine how selected frauds were accomplished and consider what internal controls may have prevented fraudsters' ability to accomplish their nefarious acts. Learning Objectives:After attending the presentation you will be able to...Determine what factors allowed certain frauds to occurIdentify what internal controls may have prevented the fraudsConsider application of these lessons to circumstances you encounter in your professional endeavorsProgram Content:The major topics that will be covered in this class include:Examination of actual fraudsDiscussion of internal controls that could have prevented the fraudsContemplation of epiphanies for your own professional scenariosWho should attend: Accounting professionals seeking a deeper insight regarding the role of internal controls for detecting and preventing fraud. Developed By: Chris Harper, CPAInstructor: Chris HarperCPE Credit: 2.0Field of Study: Auditing (2 CPE)Prerequisites: Basic working knowledge of auditing techniques.Advanced Preparation: NoneFormat: QAS Self Study

Description: Tax developments have been in the forefront of the news, and tax practitioner can find it challenging to remain up-to-date with these changes. This 8 hour program will cover tax issues relating to individuals, including new court decisions, recent IRS publications, and the latest tax legislation. The remaining time will be spent on IRS procedure and other issues. This course will provide a concise look at the hottest topics affecting every tax practitioner. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Assess the newest tax developments and changes to the Internal Revenue CodeAnalyze possible upcoming tax legislationCompare new reporting requirements affecting taxpayersEvaluate new filing requirements Program Content: The major topics that will be covered in this course include:Current tax issues affecting individual taxpayersReview of recent tax legislationOther issues affecting the profession, including IRS procedure, current cases, and other federal tax issues Who should attend: CPAs who prepare and file taxes for individual taxpayers and anyone interested in understanding the newest tax regulations and their impacts. Developed By: Allison M. McLeod, LL.M., CPA. A PLLC Instructor: Allison McLeod CPE Credit: 4.00 Field of Study: Taxes (4.00)     Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description: Tax developments have been in the forefront of the news, and tax practitioner can find it challenging to remain up-to-date with these changes. This 8 hour program will cover tax issues relating to individuals, including new court decisions, recent IRS publications, and the latest tax legislation. The remaining time will be spent on IRS procedure and other issues. This course will provide a concise look at the hottest topics affecting every tax practitioner. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Assess the newest tax developments and changes to the Internal Revenue CodeAnalyze possible upcoming tax legislationCompare new reporting requirements affecting taxpayersEvaluate new filing requirements Program Content: The major topics that will be covered in this course include:Current tax issues affecting individual taxpayersReview of recent tax legislationOther issues affecting the profession, including IRS procedure, current cases, and other federal tax issues Who should attend: CPAs who prepare and file taxes for individual taxpayers and anyone interested in understanding the newest tax regulations and their impacts. Developed By: Allison M. McLeod, LL.M., CPA. A PLLC Instructor: Allison McLeod CPE Credit: 4.00 Field of Study: Taxes (4.00)     Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description: This intensive two-hour course addresses the critical need for accuracy and efficiency when developing spreadsheets using Microsoft Excel. Recognizing that even minor errors can have significant implications, this course delves deep into strategies and skills required to detect and correct errors in Excel. By the end of this course, participants will have a comprehensive understanding of how to efficiently identify and correct errors in Excel spreadsheets, enhancing their overall productivity and accuracy in their professional roles. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Apply advanced Excel auditing tools, such as Trace Precedents, Trace Dependents, and the Error Checking feature, to effectively identify and rectify complex errors in financial spreadsheets.Analyze and interpret common error messages and anomalies in Excel, enabling the ability to diagnose underlying issues in spreadsheet formulas and data inputs.Distinguish between different types of Excel errors, including formula errors, reference errors, and logical errors, to implement targeted corrective actions for enhanced spreadsheet accuracy and reliability. Program Content: The major topics that will be covered in this class include:Understanding Common Excel Errors: Gain insights into the most common types of errors encountered in Excel, including formula errors, reference errors, and logic errors.Advanced Formulas and Functions: Learn to use advanced Excel functions and formulas that are crucial for error detection and data analysis.Data Validation Techniques: Master the art of data validation to prevent errors before they occur. This includes setting up data validation rules and using conditional formatting to highlight potential inaccuracies.Error Tracing and Auditing Tools: Delve into Excel's auditing tools to trace and fix errors. Learn to use Trace Precedents, Trace Dependents, and the Error Checking tool effectively. Who should attend: This course is ideal for anyone who uses Excel extensively in their work, especially those involved in financial analysis, reporting, auditing, or any role where accuracy and efficiency in handling Excel spreadsheets are paramount. Developed By: DataSmithPro Instructor: Bryan Smith (DSP) CPE Credit: 2.00 Field of Study: Auditing (2.00) Prerequisites: A comprehensive working knowledge of Excel Advanced Preparation: Download the handout and practice material prior to course Format: QAS Self Study

Description: With over 50% of marriages ending in divorce, forensic accountants are frequently used in uncovering hidden income and assets. It is not uncommon for one spouse to hide money from another, sometimes for nefarious reasons. As a CPA, your services are valued by high-net-worth individuals who hire attorneys in their divorce proceedings. In this course, you will learn the art of financial investigations and how to uncover the truth in divorce cases, whether from offshore accounts to lifestyle analysis. Step by step, the course will teach you the valuable skills necessary in finding, analyzing, evaluating, and presenting your findings to your client and if needed, ultimately in divorce court. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to... Identify the skill set needed for an engagement with family law attorneysImplement a marketing plan for your forensic accounting servicesEvaluate the types of source documents needed for a financial investigationTrace assets and income commonly found in divorce proceedingRecognize red flags in a financial investigationConduct basic calculations of marital assetsPrepare a report of your findings for court proceedings Program Content: The major topics that will be covered in this course include:The role of a forensic accountant in divorce proceedingsThe marketing of forensic accounting services to family law attorneysHow to conduct a financial investigationCommon areas to uncover hidden assets or incomeThe basic calculations in evaluating marital assetsTestifying in depositions and divorce court Who should attend: CPAs, forensic accountants Developed By: Nordlander CPA, PLLC Instructor: Robert Nordlander CPE Credit: 4.00 Field of Study: Accounting (4.00) Prerequisites: A basic understanding of tax returns and reconstructing books and records Advanced Preparation: None Format: QAS Self Study

Description: This course builds on the foundational knowledge from Part 1, Fundamentals of the 1040 - Core Concepts. It expands into business income taxation and additional reporting requirements. Participants will learn how to accurately report self-employment income, income from pass-through entities on Form 1040. This course covers Schedule C, Schedule E, and essential forms such as Form 7203 and Form 7217 to ensure accurate tax preparation for clients with business activities. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Analyze Schedule C to determine business income, deductions, and self-employment tax implicationsInterpret Form 7203 to determine shareholder stock and debt basis for S corporation shareholdersAnalyze and apply the reporting requirements of IRS Form 7217, including determining a partner's basis in distributed propertyCalculate self-employment tax and apply deductions related to business expensesImplement preparer best practices to avoid common IRS audit triggersApply tax rules for reporting pass-through entity income on individual tax returnsAssess legislative updates affecting business income reporting for the current year Program Content: The major topics that will be covered in this course include:Self-employment and business income taxation (Schedule C, self-employment tax, business deductions)Reporting income from pass-through entities (Schedule E, Schedule K-1, Shareholder stock and debt basis on Form 7203)Application of Form 7217 for capital construction fundsBest practices for self-employed clients and small business ownersKey deductions and credits for business ownersAvoiding common IRS audit triggers related to business income reportingLegislative updates impacting business income taxation in the current year Who should attend: CPAs, EAs, tax professionals, Tax Attorneys, Paralegals Developed By: Hourani & Associates Inc Instructor: Mary Jane Hourani CPE Credit: 4.00 Field of Study: Taxes (4.00) Prerequisites: Fundamentals of the 1040 Advanced Preparation: None Format: QAS Self Study

Description: This course introduces professionals to the fundamentals of individual tax preparation. Participants will learn the essentials of Form 1040, including filing requirements, income reporting, and deductions. The session will also cover preparer responsibilities, due diligence, and taxpayer rights under Circular 230. By the end, attendees will have a solid understanding of the foundation of personal tax returns. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Identify preparer responsibilities including due diligence and ethical obligationsDetermine the correct filing status and eligibility of dependents based on tax lawClassify taxable income sources, including wages and investment incomeDifferentiate between standard and itemized deductions and apply the correct deduction to a taxpayer's returnCalculate refundable and nonrefundable tax credits, including the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC)Implement best practices for taxpayer data security and confidentialityApply IRS compliance rules under Circular 230Understand key legislative updates affecting individual tax returns  Program Content: The major topics that will be covered in this course include:Form 1040 essentials: filing requirements, due dates, and key schedulesFiling status, dependency rules, and taxable income sources (wages, investment income)Adjustments to income, deductions and tax credits (standard vs. itemized deductions, EITC, Child Tax Credit, Education Credits)Preparer due diligence, Circular 230 compliance and taxpayer rightsIRS cybersecurity considerations and best practices for taxpayer data securityLegislative updates Who should attend: CPAs, EAs, tax professionals, paralegals, financial planners Developed By: Hourani & Associates Inc Instructor: Mary Jane Hourani CPE Credit: 4.00 Field of Study: Taxes (4.00) Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description: This session is designed as a primer to introduce artificial intelligence (AI) and to discuss how it will impact accountants as they work. The material will briefly explain what AI is and then focus on ways that it is already serving those in the accounting realm. It will close with a look at future AI-centric developments that will have great potential to positively impact the accounting profession. Those wishing to gain an understanding of what artificial intelligence is and how it will be used by accountants should consider attending this session. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Identify basic constructs of AI.Distinguish between discriminative and generative artificial intelligence, and Analyze AI improvement efforts to properly account for an organization. Program Content: The major topics that will be covered in this course include:An overview of AI constructs.How artificial intelligence is being used by accountants today.Accounting-centric AI developments on the horizon. Who should attend: Accounting and other business professionals that would benefit by understanding how AI will be incorporated into accounting systems. Developed By: Taymes, LLC Instructor: Karl Egnatoff CPE Credit: 2.00 Field of Study: Accounting (2.00) Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description: The term "artificial intelligence" (AI) has become mainstream and while most have a layperson's understanding of AI, few know the depth and breadth of this technology's capability. AI is affecting just about everything in business and in people's personal lives. The operation of an internal control system is also changing because of this incredible advancement. This session explains what AI is and how it works and then goes into detail about how it can be applied to a system of internal control. The material speaks about changes occurring in today's world as well as what's coming in the not-too-distant future. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Recognize changes that are occurring because of AI.Recall specific control types that have changed.Identify ways AI will strengthen controls. Program Content: The major topics covered in this class include:An explanation of Artificial Intelligence (AI).Specific ways AI is replacing human cognition. What is on the internal control horizon related to AI and other technologies. Who should attend: Accounting and other business professionals with a need to understand internal control changes driven by AI technology. Developed By: Taymes, LLC Instructor: Karl Egnatoff CPE Credit: 4.00 Field of Study: Accounting (4.00) Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description: The term "artificial intelligence" (AI) has become mainstream and while most have a layperson's understanding of AI, few know the depth and breadth of this technology's capability. AI is affecting just about everything in business and in people's personal lives. The operation of an internal control system is also changing because of this incredible advancement. This session explains what AI is and how it works and then goes into detail about how it can be applied to a system of internal control. The material speaks about changes occurring in today's world as well as what's coming in the not-too-distant future. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Recognize changes that are occurring because of AI.Recall specific control types that have changed.Identify ways AI will strengthen controls. Program Content: The major topics covered in this class include:An explanation of Artificial Intelligence (AI).Specific ways AI is replacing human cognition. What is on the internal control horizon related to AI and other technologies. Who should attend: Accounting and other business professionals with a need to understand internal control changes driven by AI technology. Developed By: Taymes, LLC Instructor: Karl Egnatoff CPE Credit: 4.00 Field of Study: Accounting (4.00) Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description: The term "artificial intelligence" (AI) has become mainstream and while most have a layperson's understanding of AI, few know the depth and breadth of this technology's capability. AI is affecting just about everything in business and in people's personal lives. The operation of an internal control system is also changing because of this incredible advancement. This session explains what AI is and how it works and then goes into detail about how it can be applied to a system of internal control. The material speaks about changes occurring in today's world as well as what's coming in the not-too-distant future. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives: After attending this presentation, you will be able to...Recognize changes that are occurring because of AI.Recall specific control types that have changed.Identify ways AI will strengthen controls. Program Content: The major topics covered in this class include:An explanation of Artificial Intelligence (AI).Specific ways AI is replacing human cognition. What is on the internal control horizon related to AI and other technologies. Who should attend: Accounting and other business professionals with a need to understand internal control changes driven by AI technology. Developed By: Taymes, LLC Instructor: Karl Egnatoff CPE Credit: 4.00 Field of Study: Accounting (4.00) Prerequisites: None Advanced Preparation: None Format: QAS Self Study

Description:Many small to medium sized companies do not properly address the risk that arises related to fraud because these organizations do not have the resources needed to mitigate this risk or because owners or those in top level management underestimate the scope of the issue. All organizations, regardless of size, must be aware of the risks associated with intentional fraudulent acts and know that a significant and effective fraud scheme could even create going concern issues for some entities. In this session, we delve into the reasons that fraud takes place. The material discusses the types of defalcations that are often executed against smaller entities and then explores measures that organizations can implement to help stop fraud activities and add security.Learning Objectives:After attending this presentation, you will be able to...Identify reasons that employees and others that are internal to an organization choose to undertake fraudulent actsRecall the factors that make smaller organizations attractive to those considering fraudRecognize specific internal control measures that can help to reduce fraud activities executed against smaller and medium sized companiesProgram Content:The major topics included in this course include:The reasons for fraudFraudulent acts that are initiated against smaller organizationsMethods to stop fraud attempts against small businessesWho should attend: Accounting and other business professionals with a need to understand small business fraud. Developed By: Taymes, LLCInstructor: Karl EgantoffCPE Credit: 4.0Field of Study: Accounting (4.0 CPE) Prerequisites: NoneAdvanced Preparation: NoneFormat: QAS Self Study

Description:Penalty abatement is a technique that tax practitioners can utilize to help their clients reduce penalties and interest they owe to the IRS if the taxpayer can prove "reasonable cause".This informative and insightful webinar will provide you with some insider tips, practical steps and effective strategies to help your client manage IRS tax penalties and interest. Learn about various types of penalties that you may face, and the various forms and procedures used for requesting penalty and interest abatement, including First Time and Reasonable Cause abatement. Plus, learn about the procedure to follow when requesting refund of paid penalties. Learning Objectives:After attending the presentation you will be able to...Identify situations where penalties can be imposedUtilize techniques for preventing or reducing any penalty assessmentsAscertain when the First Time Abatement can be usedObtain a working knowledge of the procedure governing the request for refundProgram Content:The major topics that will be covered in this class include:Various types of penalties: Accuracy related, fraud, understatement of valuation, reporting requirement, failure to pay, and pay or deposit penaltiesRules on waiver of penalties and interestsVarious forms and procedures for requesting reliefFirst Time Abatement: Requirements and proceduresHow an individual taxpayer qualifies for Reasonable Cause abatementProcedures for requesting refund of paid penaltiesAvailable administrative optionsWho should attend: CPAs, Enrolled agents, Attorneys, Finance professionals, Financial planners, Tax Professionals Developed By: Allison M. McLeod, LL.M., CPA. A PLLC Instructor: Allison M. McLeod, LL.M., CPA CPE Credit: 2.0Field of Study: Taxes (2 CPE)Prerequisites: NoneAdvanced Preparation: NoneFormat: QAS Self Study

Description:Many organizations are successful as they create a system of internal controls, however some fail to properly implement the measures that are established. Moreover, entities regularly neglect the important process of testing, monitoring, and updating control procedures, which weakens the entire internal control structure. This session provides an overview of control creation methods and discusses ways to successfully implement policies and procedures. Additionally, it includes an array of control maintenance checklists that participants can take and adapt to their organization as they work to improve policies and procedures. Finally, it provides an understanding of the need for dynamic, fluid controls that adapt to changes in business tools and methods. Participants that take this course will have a strengthened ability to implement and maintain an internal control system.Learning Objectives:After attending this presentation, you will be able to...Determine the steps needed to implement a developed system of internal controlsApply steps to build control measure schedules that function weekly, monthly, quarterly, and yearly, and that are designed to test and monitor the internal control structure of an organizationAnalyze developed control measures to make sure they are working properlyDetermine why there is a need to update existing controls to keep them viable as business operations changeIdentify methods that can be used to communicate policy and procedure changes to those that are affected by these changesProgram Content:The major topics covered in this course include:Control creation and implementation basicsImplementation and update procedures for an Internal Control systemMaintaining existing internal controlsWho should attend: Accounting and other business professionals that would like to have an understanding of internal control implementation and testing procedures.Developed By: Taymes, LLCInstructor: Karl EgantoffCPE Credit: 4.0Field of Study: Accounting (4.0 CPE) Prerequisites: A basic understanding of internal control and security conceptsAdvanced Preparation: NoneFormat: QAS Self Study

Description:Many organizations are successful as they create a system of internal controls, however some fail to properly implement the measures that are established. Moreover, entities regularly neglect the important process of testing, monitoring, and updating control procedures, which weakens the entire internal control structure. This session provides an overview of control creation methods and discusses ways to successfully implement policies and procedures. Additionally, it includes an array of control maintenance checklists that participants can take and adapt to their organization as they work to improve policies and procedures. Finally, it provides an understanding of the need for dynamic, fluid controls that adapt to changes in business tools and methods. Participants that take this course will have a strengthened ability to implement and maintain an internal control system.Learning Objectives:After attending this presentation, you will be able to...Determine the steps needed to implement a developed system of internal controlsApply steps to build control measure schedules that function weekly, monthly, quarterly, and yearly, and that are designed to test and monitor the internal control structure of an organizationAnalyze developed control measures to make sure they are working properlyDetermine why there is a need to update existing controls to keep them viable as business operations changeIdentify methods that can be used to communicate policy and procedure changes to those that are affected by these changesProgram Content:The major topics covered in this course include:Control creation and implementation basicsImplementation and update procedures for an Internal Control systemMaintaining existing internal controlsWho should attend: Accounting and other business professionals that would like to have an understanding of internal control implementation and testing procedures.Developed By: Taymes, LLCInstructor: Karl EgantoffCPE Credit: 4.0Field of Study: Accounting (4.0 CPE) Prerequisites: A basic understanding of internal control and security conceptsAdvanced Preparation: Complete Part 1 of this seriesFormat: QAS Self Study