Courses

Auditing

Audit Sampling

Audit Sampling

[ 12 Hours ]

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Course number: AA684901
This course, based on the AICPA Audit Guide, presents recommendations on the application of GAAS to audits involving the use of audit sampling methods. The auditing guidance in this edition of the guide has been conformed to SAS Nos. 122-130, which have been issued since 2011 as part of the ASB's Clarity Project. The course also includes increased guidance on the use of nonstatistical audit sampling. This guidance is more integrated and explains throughout the guide the common factors that need to be considered when following either a statistical or nonstatistical approach. Although the purpose of this guide is to provide guidance to help auditors apply audit sampling in accordance with AU-C section 530, Audit Sampling (AICPA, Professional Standards), the concepts and procedures described herein may be also useful when performing attestation engagements that involve sampling. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$89

PDF$89

Extra test(s)$30

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Auditing Developments

Auditing Developments

[ 16 Hours ]

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Course number: AA771407
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 myriad 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, and lastly, a section on the issuance of SAS Nos. 127-128 as part of the ASB’s Clarity Project, and much more. The course focuses on reviewing and recalling rules related to auditing standards including new developments related to those standards. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam and grading service.

NASBA field of study : Auditing

Hard copy$119

PDF$119

Extra test(s)$40

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Auditors' Reports

Auditors

[ 6 Hours ]

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Course number: AA681501
This course provides guidance on developing the auditor’s report in accordance with applicable AICPA professional standards, supplemented with best practice recommendations to ensure that practitioners issue the highest quality auditor’s report for the particular circumstances of their engagements. Illustrative examples are provided so practitioners can easily apply the guidance. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing.

Hard copy$59

PDF$59

Extra test(s)$15

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Conducting Compilation Engagements

Conducting Compilation Engagements

[ 1 Hours ]

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Course number: AA483401
A compilation engagement involves a greatly reduced set of activities from a review engagement, and especially from an audit. In Conducting a Compilation Engagement, we describe the steps required to complete a compilation, as well as every other aspect of a compilation engagement, including the engagement letter and the compilation report. The course also includes the requirements for an engagement in which the accountant is called upon to prepare financial statements for a client. This course is based on SSARS 21, Statements on Standards for Accounting and Review Services: Clarification and Recodification. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$19

PDF$19

Extra test(s)$12

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Conducting Review Engagements

Conducting Review Engagements

[ 2 Hours ]

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Course number: AA483301
A review engagement involves a significantly reduced set of activities from an audit engagement, with a focus on analytical procedures and inquiries. In Conducting a Review Engagement, we describe the nature of these analytical procedures and inquiries, as well as every other aspect of a review engagement, including the engagement letter, representation letter, and accountant’s review report. This course is based on SSARS 21, Statements on Standards for Accounting and Review Services: Clarification and Recodification. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$19

PDF$19

Extra test(s)$12

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COSO Internal Controls

Available in PDF format only.
COSO Internal Controls

[ 20 Hours ]

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Course number: AA142301
Covers the latest on the new, revised COSO internal controls framework. Under the Sarbanes-Oxley Act, every corporation has to assert that their internal controls are adequate and public accounting firms certifying those internal controls are attesting to the adequacy of those same internal controls, based on the COSO internal controls framework. This course provides a step-by-step plan for installing and implementing effective internal controls with an emphasis on building improved IT as well as other internal controls and integrating better risk management processes. The COSO internal controls framework forms the basis for establishing Sarbanes-Oxley compliance. Includes information on how ISO internal control and risk management standards as well as COBIT can be used with COSO internal controls. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

PDF$149

Extra test(s)$50

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How to Audit Cash

How to Audit Cash

[ 1 Hours ]

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Course number: AA442201
This course clarifies for the auditor every action needed to audit cash. It describes the characteristics of cash from an auditing perspective, and then goes on to describe the activities required to audit a client’s cash accounts. The course contains extensive material about cash-related controls, fraud issues, and the construction of a bank reconciliation and a proof of cash. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$19

PDF$19

Extra test(s)$12

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How to Audit Equity

How to Audit Equity

[ 1 Hours ]

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Course number: AA442301
This course clarifies for the auditor every action needed to audit equity. It describes the characteristics of equity from an auditing perspective, and then goes on to describe the activities required to audit the equity portion of the balance sheet. The course also covers the different types of controls that a firm can apply to its equity transactions. Background information concerning the accounting for equity is inserted into the text as needed. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$19

PDF$19

Extra test(s)$12

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How to Audit Fixed Assets

How to Audit Fixed Assets

[ 2 Hours ]

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Course number: AA442401
This course clarifies for the auditor every action needed to audit fixed assets. It describes the characteristics of fixed assets from an auditing perspective, and then goes on to describe the activities required to audit both tangible and intangible fixed assets. The course also covers the auditing of depreciation, as well as asset impairment losses. Further, the course materials note several issues that can assist in the planning for an audit of fixed assets. Background information concerning the accounting for fixed assets is inserted into the text as needed. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$19

PDF$19

Extra test(s)$12

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How to Audit for Fraud

How to Audit for Fraud

[ 3 Hours ]

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Course number: AA442601
This course shows the auditor how to detect fraud. It does so by discussing fraud risk indicators and other clues indicating the presence of fraud, and itemizes the many extended audit procedures that can be used to detect traces of fraud. The course also notes who is responsible for fraud prevention and detection, and covers the different ways in which financial statements can be fraudulently misstated. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$29

PDF$29

Extra test(s)$15

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How to Audit Inventory

How to Audit Inventory

[ 2 Hours ]

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Course number: AA442801
This course clarifies for the auditor every action needed to audit inventory. It describes the characteristics of inventory from an auditing perspective, and then goes on to describe the steps required to audit inventory. Background information concerning inventory is also included, such as physical inventory counts, the lower of cost or market rule, and inventory cost layering. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing.

Hard copy$19

PDF$19

Extra test(s)$12

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Contents

How to Audit Liabilities

How to Audit Liabilities

[ 1 Hours ]

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Course number: AA442901
This course clarifies for the auditor every action needed to audit liabilities. It describes the characteristics of liabilities from an auditing perspective, and then goes on to describe the steps required to audit many types of liabilities, including accounts payable, accrued liabilities, and debt. There is a particular emphasis on the search for unrecorded liabilities. Background information concerning the accounting for liabilities is inserted into the text as needed. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$19

PDF$19

Extra test(s)$12

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How to Audit Receivables

How to Audit Receivables

[ 2 Hours ]

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Course number: AA443101
This course clarifies for the auditor every action needed to audit receivables. It describes the characteristics of receivables from an auditing perspective, and then goes on to describe the steps required to audit receivables. Background information concerning receivables is also included, such as the allowance for doubtful accounts, accounting for notes receivable, receivable fraud, and receivable controls. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$19

PDF$19

Extra test(s)$12

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How to Audit Revenue

How to Audit Revenue

[ 2 Hours ]

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Course number: AA489401
This course clarifies for the auditor every action needed to audit revenue. It describes the characteristics of revenue from an auditing perspective, and then goes on to describe the steps required to audit revenue. Background information concerning revenue recognition is also included, such revenue recognition rules, consignment arrangements, customer acceptance issues, revenue fraud, and revenue controls. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$19

PDF$19

Extra test(s)$12

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Internal Control and Anti-Fraud Program for the Small Business

Internal Control and Anti-Fraud Program for the Small Business

[ 7 Hours ]

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Course number: AA366501
This course is a practical guide to protection for businesses NOT subject to the Sarbanes-Oxley Act. It is geared specifically toward private, non-public small businesses and their unique needs in the realm of fraud protection. Covering all elements of an internal control structure applicable to the small business community, this course provides a step-by-step roadmap for designing and implementing an effective, efficient internal control structure/anti-fraud program tailored to your business’s particular needs. Case studies are used throughout to illustrate internal control weaknesses and the fraud that can result, and follow-up analysis describes the controls that would have reduced the probability of fraud had they been in place. You’ll learn how to analyze your company’s internal control issues, and implement a robust system for fraud prevention. The step-by-step internal control program includes the following: understanding the five elements of internal control, avoiding gaps in protection with relevant controls, designing the ultimate anti-fraud program, and implementing internal control tailored to your needs. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$69

PDF$69

Extra test(s)$20

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New Standards for Accounting and Review Services (SSARS 21-23)

New Standards for Accounting and Review Services (SSARS 21-23)

[ 10 Hours ]

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Course number: AA352102
The purpose of this course is to inform the reader of the various changes made to the compilation and review codification by SSARS No. 21 as amended by SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services–2016. The course addresses the three types of engagements that can be performed under the SSARSs: a preparation of financial statements engagement, a compilation engagement, and a review engagement. The course also discusses SSARS No. 22, Compilation of Pro Forma Financial Information. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study : Auditing

Hard copy$79

PDF$79

Extra test(s)$25

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Principles of Fraud Examination

Principles of Fraud Examination

[ 30 Hours ]

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Course number: AA144404
This course provides a broad understanding of fraud—what it is and how it is committed, prevented, and resolved. Contains engaging real-life case studies and an analysis of the complexity of frauds and fraudulent behavior incorporated throughout the text. The course begins by providing an understanding of fraud examination methodology then documents the schemes used by executives, managers, and employees to commit fraud against their organizations. Case studies, complete with statistics and flowcharts, are provided for each chapter. The primary focus of this course is coverage of the actual accounting and human behaviors that lead to cases of accounting fraud. Course level: Basic. Prerequisites: None. Course includes integrated text and study guide, final exam and grading service.

NASBA field of study : Auditing.

Hard copy$189

PDF$189

Extra test(s)$75

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