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2023 FASB Review (Item 30 and 30E)

  • Credits: 16
  • Format: Interactive Self-Study eBook
  • Field of Study: Accounting
  • Author: Steven Fustolo
Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:Basic understanding of U.S. GAAP
Course ID:SF-211.23U
Published Date:Author Updated: 4/11/23 | Registered for 2023
COURSE DESCRIPTION

The purpose of this course is to inform the reader of the various changes affecting accounting and financial reporting, as well as a review and recall of existing accounting standards. Topics include a summary of newly issued FASB statements, current and pending developments, the new lease standard,  practice issues, a discussion of accounting and financial reporting issues related to post-COVID-19 economic issues, accounting and disclosures for the Employee Retention Credit (ERC) and Pass-Through Entity (PTE) tax, dealing with the forgiveness of PPP loans, and more.

TOPICS COVERED:
  • CHAPTER 1: Implementing the Lease Standard
  • CHAPTER 2: Accounting and Financial Reporting in a  Post-COVID Economy
  • CHAPTER 3: Accounting and Disclosures for ERC and PTE Tax
  • CHAPTER 4: PPP Loans and Forgiveness-Accounting and Financial Reporting Issues (2023)
  • CHAPTER 5: Current Developments- Accounting and Financial Reporting (2023)
  • CHAPTER 6: Financial Instruments- Credit Losses 

Learning Objectives:

After reading the Chapter 1 course material, you will be able to:

  • Recognize a key change made to GAAP by the new lease standard
  • Identify a type of lease that exists for a lessee under ASU 2016-02
  • Recall a type of lease for which the ASU 2016-02 rules do not apply  
  • Identify some of the types of benefits a lessee can obtain from a leased asset 
  • Identify a threshold for a lease term to be considered a major part of an asset’s remaining economic life
  • Recognize who an entity might not want to use the risk-free rate to compute the present value of lease payments
  • Identify how a lessee should account for initial direct costs 
  • Recognize items that are and are not components of a lease term
  • Recall the method a lessee should use to record interest expense on a lease obligation
  • Identify some types of leases for a lessor
  • Recall how a lessor should initially account for initial direct costs for a lease in certain instances
  • Identify how a lessor should account for lease payments received on the income statement for an operating lease
  • Recall how a lessor should classify certain cash receipts on the statement of cash flows
  • Recognize how certain existing leases are accounted for on the implementation date of ASU 2016-02
  • Identify how deferred income taxes will be treated for lessees under ASU 2016-02
  • Recall the potential impact that the new lease standard might have on a lessee’s EBITDA and debt-equity ratios, and
  • Recall the IRS rules as to when an entity should and should not capitalize a lease for tax purposes.

After reading the Chapter 2 course material, you will be able to:

  • Recognize some types of concentrations that might require disclosure under the risk and uncertainty rules
  • Identify the definition of near term
  • Recall the frequency in which an entity should test goodwill for impairment
  • Recognize some exit and disposal costs
  • Recall how to classify business interruption insurance proceeds on the financial statements
  • Recognize the relationship a change in interest rates has on real estate values
  • Identify methods that can be used to measure variable consideration revenue
  • Recognize an example of a construction-type contract
  • Identify whether the LIFO IPIC approach is acceptable for GAAP
  • Recall the net operating loss rules

After reading the Chapter 3 course material, you will be able to:

  • Recognize the type of expense that is the basis for measuring the amount of the ERC.
  • Identify where to present the ERC in the statement of income using the ASC 958 conditional contribution model.
  • Recognize where to present the ERC in the statement of income using the IAS 20 grant model.
  • Identify an action step to be taken to correct the previous presentation and disclosure of an ERC in the statement of income.
  • Recognize the proper presentation of the ERC in a tax-basis statement of income.
  • Recognize a technique that has been attempted to circumvent the SALT deduction limitation.
  • Identify how to account for the PTE tax in an entity’s financial statements.
  • Recognize the requirements for recording deferred state income taxes concerning the PTE tax election.
  • Identify disclosures that should be made for the PTE tax.

After reading the Chapter 4 course material, you will be able to:

  • Identify some of the eligible expenses related to the use of PPP loan proceeds
  • Recognize approaches to account for PPP loans under GAAP
  • Recall how to present  debt issuance costs on the financial statements
  • Recognize how to account for PPP loan forgiveness
  • Recognize how to present a gain on extinguishment on the statement of cash flows
  • Identify how to treat the forgiveness of a PPP loan for tax purposes
  • Recognize  how the IAS 20 grant approach is used to account for its PPP loan
  • Recognize actions that impact a CPA’s independence in a PPP loan assistance engagement
  • Identify whether an emphasis-of-matter paragraph may be used in an accountant’s report when there is forgiveness of a PPP loan

After reading the Chapter 5 course material, you will be able to:

  • Identify the goal of the FASB’s Disaggregation-Income Statement Expenses project
  • Recognize one of the characteristics of a multi-employer pension plan
  • Recognize the impact that life expectancy has on the amount of a pension liability
  • Identify a concentration of risk that might require disclosure
  • Identify a particular way in which most marijuana businesses must operate
  • Recognize when a state might be able to charge sales tax under the Wayfair decision
  • Recognize the accounting alternative for leases under common control in ASU 2018-17

After reading the Chapter 6 course material, you will be able to:

  • Recognize the model that ASU 2016-13 uses to deal with credit losses
  • Identify how credit losses should be recorded under the new ASU 2016-13
  • Identify some of the disclosures required by ASU 2016-13

Who Should Attend:
  • All Certified Public Accountants (CPAs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
NASBA


$239.00 each Add to cart

2023 FASB SSARS and SAS Update and Review (Item #29 and 29E)

  • Credits: 24
  • Format: Interactive Self-Study eBook
  • Field of Study: (16) Accounting | (8) Auditing
  • Author: Steven Fustolo
Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:Basic Understanding of U.S. GAAP, Compilation and Review, and Auditing Standards
Course ID:SF-208.23U
Published Date:Author Updated: 4/10/23 | Registered for 2023
COURSE DESCRIPTION

The purpose of this course is to inform the reader of
the various changes affecting accounting, compilation, and review, and auditing
engagements as well as a review and recall of existing standards.  Topics include a summary of newly issued FASB
statements, new statements issued by the Auditing Standards Board, changes in
compilation and review, current and pending developments, practice issues, and
more.

    Learning Objectives:

    After reading the Chapter 1 course material, you will be able to:

    • Recognize a key change made to GAAP by the new lease standard
    • Identify a type of lease that exists for a lessee under ASU 2016-02
    • Recall a type of lease for which the ASU 2016-02 rules do not apply  
    • Identify some of the types of benefits a lessee can obtain from a leased asset 
    • Identify a threshold for a lease term to be considered a major part of an asset’s remaining economic life
    • Recognize who an entity might not want to use the risk-free rate to compute the present value of lease payments
    • Identify how a lessee should account for initial direct costs 
    • Recognize items that are and are not components of a lease term
    • Recall the method a lessee should use to record interest expense on a lease obligation
    • Identify some types of leases for a lessor
    • Recall how a lessor should initially account for initial direct costs for a lease in certain instances
    • Identify how a lessor should account for lease payments received on the income statement for an operating lease
    • Recall how a lessor should classify certain cash receipts on the statement of cash flows
    • Recognize how certain existing leases are accounted for on the implementation date of ASU 2016-02
    • Identify how deferred income taxes will be treated for lessees under ASU 2016-02
    • Recall the potential impact that the new lease standard might have on a lessee’s EBITDA and debt-equity ratios, and
    • Recall the IRS rules as to when an entity should and should not capitalize a lease for tax purposes.

    After reading the Chapter 2 course material, you will be able to:

    • Recognize some types of concentrations that might require disclosure under the risk and uncertainty rules
    • Identify the definition of near term
    • Recall the frequency in which an entity should test goodwill for impairment
    • Recognize some exit and disposal costs
    • Recall how to classify business interruption insurance proceeds on the financial statements
    • Recognize the relationship a change in interest rates has on real estate values
    • Identify methods that can be used to measure variable consideration revenue
    • Recognize an example of a construction-type contract
    • Identify whether the LIFO IPIC approach is acceptable for GAAP
    • Recall the net operating loss rules
    After reading the Chapter 3 course material, you will be able to:

    • Recognize the type of expense that is the basis for measuring the amount of the ERC.
    • Identify where to present the ERC in the statement of income using the ASC 958 conditional contribution model.
    • Recognize where to present the ERC in the statement of income using the IAS 20 grant model.
    • Identify an action step to be taken to correct the previous presentation and disclosure of an ERC in the statement of income.
    • Recognize the proper presentation of the ERC in a tax-basis statement of income.
    • Recognize a technique that has been attempted to circumvent the SALT deduction limitation.
    • Identify how to account for the PTE tax in an entity’s financial statements.
    • Recognize the requirements for recording deferred state income taxes concerning the PTE tax election.
    • Identify disclosures that should be made for the PTE tax.

    After reading the Chapter 4 course material, you will be able to:

    • Identify some of the eligible expenses related to the use of PPP loan proceeds
    • Recognize approaches to account for PPP loans under GAAP
    • Recall how to present  debt issuance costs on the financial statements
    • Recognize how to account for PPP loan forgiveness
    • Recognize how to present a gain on extinguishment on the statement of cash flows
    • Identify how to treat the forgiveness of a PPP loan for tax purposes
    • Recognize  how the IAS 20 grant approach is used to account for its PPP loan
    • Recognize actions that impact a CPA’s independence in a PPP loan assistance engagement, and
    • Identify whether an emphasis-of-matter paragraph may be used in an accountant’s report when there is a forgiveness of a PPP loan

    After reading the Chapter 5 course material, you will be able to:

    • Identify the goal of the FASB’s Disaggregation-Income Statement Expenses project
    • Recognize one of the characteristics of a multi-employer pension plan
    • Recognize the impact that life expectancy has on the amount of a pension liability
    • Identify a concentration of risk that might require disclosure
    • Identify a particular way in which most marijuana businesses must operate
    • Recognize when a state might be able to charge sales tax under the Wayfair decision
    • Recognize the accounting alternative for leases under common control in ASU 2018-17

    After reading the Chapter 6 course material, you will be able to:

    • Recognize the model that ASU 2016-13 uses to deal with credit losses
    • Identify how credit losses should be recorded under the new ASU 2016-13
    • Identify some of the disclosures required by ASU 2016-13

    After reading the Chapter 7 course material, you will be able to:

    • Identify an example of an attribute of information obtained as audit evidence
    • Recognize actions an auditor should perform in evaluating information used as audit evidence
    • Recognize attributes of information to be used as audit evidence
    • Identify an attribute that affects the reliability of information used as audit evidence
    • Recall functions on which an auditor can use automated tools and techniques 
    • Identify an example of an accounting estimate related to classes of transactions, account balances, and disclosures identified in SAS No. 143
    • Recognize how inherent and control risks should be assessed in accordance with SAS No. 143
    • Recognize an example of an inherent risk factor 
    • Identify examples of the approaches that can be performed in assessing the risks of material misstatement from accounting estimates 
    • Recall one of the amendments made to AU-C 501 by SAS No. 145  in connection with using the work of an external inventory-taking firm
    • Identify some instances in which an auditor may conclude that a specialist’s work is not adequate 
    • Identify a type of risk assessment procedure that an auditor can use in accordance with SAS No. 145
    • Recall examples of risk assessment procedures that an auditor may perform in SAS No. 145
    • Recognize how to perform risk assessment procedures when relying on information obtained from previous experience with an entity
    • Identify examples of risk assessment procedures to obtain audit evidence in accordance with SAS No. 145
    • Recognize a new requirement made by SAS No. 145 in connection with assessing inherent risk and control risk in an audit, and
    • Identify how an auditor should respond if the auditor does not plan to test the operating effectiveness of an entity’s controls.
    • Recall the date by which an engagement partner must take responsibility for determining that ethical requirements are fulfilled
    • Identify certain requirements an engagement partner must satisfy in performing an audit engagement 
    • Recognize examples of resources assigned or made available by a firm to support the performance of an audit engagement
    • Identify a type of unconscious bias defined in SAS No. 146
    • Recall a possible action that an engagement team may take to mitigate impediments to exercising professional skepticism
    • Identify when a successor auditor should request management to authorize a predecessor auditor’s response to the successor auditor’s inquiry
    • Recognize one of the new inquiries a successor auditor should make of a predecessor auditor by SAS No. 147
    • Recall the extent of a predecessor auditor’s response to a successor auditor’s inquiries when there are certain restrictions on the predecessor auditor.
    • Identify an example of a recently issued auditing standard that SAS No. 148 incorporates into amendments to AU-C 935, Compliance Audits.
    • Recall examples of inherent risk factors related to identifying and assessing risks of material misstatement in a compliance audit.

    After reading the Chapter 8 course material, you will be able to:

    • Identify a scenario in which it would be impracticable for an auditor to attend a physical inventory
    • Recognize an advantage of remote auditing
    • Recognize a factor to consider in evaluating the going concern of an entity
    • Identify a term used as a benchmark in considering going concerned
    • Identify a suggestion for an auditor to reduce time and increase audit efficiency
    • Recognize when negative accounts receivable confirmations should not be used
    • Recognize a behavioral trait of most occupational fraudsters

    After reading the Chapter 9 course material, you will be able to:

    • Identify which party is responsible for determining that engagement team members have the appropriate competence and capabilities to perform an SSARS engagement

    Who Should Attend:

    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $19.00 each Add to cart

    Accounting and Auditing Guidance and Resources

    • Credits:  2
    • Format: Interactive Self Study eBook-
    • Field of Study: Accounting | Auditing
    • Author/Speaker: Lanford Publishing
    Available Formats: 
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:Basic Understanding of Accountancy
    Course ID:LP-303.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    With the complexity of a fast-paced business environment and continued emphasis by regulators on preventing and detecting improper financial reporting, CPAs must remain current regarding the accounting guidance and regulations affecting
    their daily functions and professional responsibilities.

    This course will consider several areas of accounting and auditing guidance and resources. The FASBs Accounting Standards Codification is the source of U.S. GAAP to be applied to nongovernmental entities. The content and organization
    of the Codification will be reviewed for CPAs to effectively access and research the proper accounting standards. The sections of the Sarbanes-Oxley Act addressing oversight, the Public Company Accounting Oversight Board and internal
    controls over financial reporting will be reviewed along with the auditing standards issued by the PCAOB. The activities of the Private Company Council and the guidance issued by the Council will also be outlined.

    Topics include:
    • Accounting and auditing guidance and resources
    • FASBs Accounting Standards Codification
    • Sarbanes-Oxley Act

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize the importance of the internal control and corporate governance provisions of the Sarbanes-Oxley Act.
    • Identify the reference format used in the FASBs Accounting Standards Codification.
    • Identify the auditing standards issued by the PCAOB.
    • Recognize the importance of the internal control and corporate governance provisions of the Sarbanes-Oxley Act.
    • Identify the standard-setting process for private companies.


    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $19.00 each Add to cart

    Accounting and Financial Disclosures for the Employee Retention Credit (ERC) and the Pass-Through Entity (PTE) Tax

    • Credits: 2
    • Format: Interactive Self-Study eBook
    • Field of Study: Accounting
    • Author: Steven Fustolo
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General understanding of accounting, financial reporting, auditing and compilation and review standards
    Course ID:SF-458.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    The objective of this course is to review the accounting and financial disclosures related to two recent changes from legislation: the Employee Retention Credit (ERC) and the Pass-Through Entity (PTE) Tax.

    Topics include:
    • An overview of the ERC rules
    • Models to use to account for the ERC
    • Comparing the use of the ASC 958 model with the IAS 20 model to account for the ERC
    • Disclosures required for the ERC including disclosures found in newly issued ASU 2021-10
    • Fixing 2020 ERC presentation and disclosure errors
    • Presenting the ERC on tax-basis financial statements
    • Overview of the Pass-Through Entity (PTE) Tax election
    • GAAP accounting for the PTE tax
    • GAAP disclosures for the PTE tax
    • Presenting the PTE tax on tax-basis financial statements

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize the type of expense that is the basis for measuring the amount of the ERC.
    • Identify where to present the ERC in the statement of income using the ASC 958 conditional contribution model
    • Recognize where to present the ERC in the statement of income using the IAS 20 grant model.
    • Identify an action step to be taken to correct the previous presentation and disclosure of an ERC in the 2020 statement of income
    • Recognize the proper presentation of the ERC in a tax-basis statement of income
    • Recognize a technique that has been attempted to circumvent the SALT deduction limitation
    • Identify how to account for the PTE tax in an entitys financial statements
    • Recognize the requirements for recording deferred state income taxes with respect to the PTE tax election
    • Identify disclosures that should be made for the PTE tax

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $39.00 each Add to cart

    Accounting and Financial Reporting for COVID-19 the CARES Act and PPP Loans

    • Credits: 4 (2/2)
    • Format: Interactive Self-Study eBook
    • Field of Study: Accounting | Auditing
    • Author: Steven Fustolo
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Accounting and Finance
    Course ID:SF-309.23
    Published Date:Registered for 2023

    COURSE DESCRIPTION

    The objective of this course is to review the impact that COVID-19 has on accounting and financial reporting, and the changes made by the CARES Act and the Consolidated Appropriations Act, 2021, including accounting for Paycheck Protection Program (PPP) loans and forgiveness.

    Topics include:
    • Disclosures of risks and uncertainties.
    • Going-concern reporting and disclosure issues.
    • Impairment issues related to goodwill and other long-lived assets.
    • Accounting for variable consideration revenue and onerous contracts.
    • Dealing with inventory costs and stock market investment losses.
    • Collectability of trade receivables; exit and termination benefit obligations.
    • Contingencies, and accounting and auditing engagement matter.

    The course also discusses the accounting for PPP loans and forgiveness, and the accounting for tax changes made by the CARES Act and Consolidated Appropriations Act,

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize some types of concentrations that might require disclosure under the risk and uncertainty rules
    • Identify the definition of near term
    • Recall the frequency in which an entity should test goodwill for impairment
    • Recognize some exit and disposal costs
    • Recall how to classify business interruption insurance proceeds on the financial statements
    • Identify the benchmark used to determine the going concern
    • Recognize how to report an ongoing concern in an audit
    • Identify a method that can be used to measure variable consideration revenue
    • Recognize an example of a construction-type contract
    • Identify an advantage of remote auditing
    • Recall how to present debt issuance costs in the financial statements
    • Recognize how to account for PPP loan forgiveness
    • Identify how to treat the forgiveness of a PPP loan for tax purposes, and
    • Identify an example of a circumstance in which an emphasis-of-matter paragraph might be necessary.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $29.00 each Add to cart

    Accounting Practitioners Documentation for Risk Management

    • Credits:  3
    • Format: Interactive Self Study eBook-
    • Field of Study: Accounting-
    • Author/Speaker: Lanford Publishing
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Accountancy
    Course ID:LP-304.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Risk management for accounting professionals begins with accepting engagements with clients and does not end until the date on which record retention requirements expire. Along the way, practitioners may encounter special cases in
    which documentation of accounting information becomes more complex.

    This course will provide an overview of engagement documentation and retention for various types of engagements.

    Topics include:
    • Chapter 1:  Overview of Engagement Documentation for Risk Management
    • Chapter 2: Individual Client Engagements
    • Chapter 3: Compilation Engagements
    • Chapter 4: Review Engagements
    • Chapter 5: Audit Engagements
    • Chapter 6: Attestation and Litigation Engagements
    • Chapter 7: Record Retention for Risk Management

    Learning Objectives:

    After reading the course material, you will be able to:

    • List the key points to cover in welcome letters to which clients agree before an engagement begins;
    • Recognize proper terminology about assurances and responsibilities of parties in compilation, review, and audit engagements;
    • Identify types of specialized engagement letters that offer the best defensive terms in unusual or high-risk engagements;
    • Recognize common pitfalls in the conduct of engagements with individual clients.
    • Business clients requesting compilation, review, audit, attestation, and litigation support services; and
    • Identify the types of regulatory and standards-setting bodies that impose record retention provisions for accounting.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $39.00 each Add to cart

    An Electronic Payment Primer-How Savvy Companies Now Pay Their Bills (ACH, Wires and Instant Payments)

    • Credits:  4
    •  
    • Format: Interactive Self Study eBook-
    • Field of Study: Accounting-
    • Author/Speaker: Mary Schaeffer
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Accountancy
    Course ID:MS-101.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Electronic payments are fast becoming the preferred method of payment for best-practice companies. The COVID crisis shined a light on the inefficiencies of making paper payments. While many professionals were well aware that paper checks were expensive and used valuable human resources, this detail was often swept under the rug. With an increasingly remote workforce, feigning ignorance no longer works. Ss organizations recognize the cost-savings and efficiencies associated with ACH payment programs, they are starting to change. This will only continue with the introduction of Real-Time payments.

    This course presents basic information the professional can use to properly set up and grow an ACH payment program, understand when to use more costly wire transfers and how to use Instant Payments. Industry expert Mary Schaeffer shows auditors, controllers, and managers exactly how to do this. She also alerts readers to the growing threat of fraud in this arena, offering advice for everyone – whether or not they are currently making electronic payments. “Everyone who does not take the proper precautions is at risk,” she warns.

    Topics include:
    • Chapter 1: How ACH Payments Work
    • Chapter 2: How to Start an ACH Payment Program
    • Chapter 3: How to Expand an ACH Payment Program
    • Chapter 4: How to Protect Your Organization against ACH Fraud
    • Chapter 5: ACH Best Practices, ‘Gotchas’ and Worst Practices
    • Chapter 6: The Remittance Advice
    • Chapter 7: Wire Transfers
    • Chapter 8: Real-Time Payments (Instant Payments)

    Learning Objectives:

    After reading the course material, you will be able to:

    • Identify the reasons why paying electronically benefits an organization
    • Pinpoint issues to be considered when setting up an electronic payment program
    • Create a basic ACH payment program for an organization
    • Build an effective strategy for converting suppliers to the program
    • Identify effective strategies to grow your ACH payment program
    • Develop an effective method for converting suppliers to the program
    • Understand the different types of payment fraud currently being perpetrated
    • Develop an effective method to combat electronic payment fraud
    • Develop a Best Practice ACH payment initiative
    • Avoid worst practices as well as hidden pitfalls when setting up an ACH payment program
    • Develop solutions to deliver remittance data to suppliers Understand how Instant Payments Work
    • Develop a best practice approach to using wire transfers
    • Identify instances where ACH payments can be used in place of costly wire transfers
    • Understand the new Instant Payment offering from the Federal Reserve Banks, FedNow
    • Develop a fraud protection plan to prevent criminals from defrauding you using your Zelle account

    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA

    $159.00 each Add to cart

    Auditing Developments 2022

    • Credits: 16
    • Format: Interactive Self-Study eBook
    • Field of Study: Auditing
    • Author: Steven Fustolo
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:

    General understanding of Auditing Standards

    Course ID:SF-327.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    The objective of this course is to address the latest developments affecting 2021 and 2022 audit engagements, including the impact of COVID-19 on audit engagements.

    In this course, auditors will learn about the new auditors report, auditing estimates and audit evidence, and changes made to the auditors understanding of the entity, its environment, and risk assessment procedures, and the guidance
    on using the work of specialists as audit evidence. These changes are found in newly issued SAS Nos. 134-145, and the new attestation standards found in SSAE Nos. 19-22.(Items 20 and 20E)

    The course focuses on recalling, recognizing, and identifying rules related to auditing standards including new developments about those standards.

    Topics include:
    • Addressing the auditors consideration of the business and economic environment in which the client operates;
    • Accounting and auditing engagement issues during COVID-19 including the impact of the pandemic on an entitys ability to continue as a going concern;
    • Client and employee fraud;
    • Specific accounting risks for auditors to consider limiting auditor's liability key audit focus areas during volatile times lessons from litigation efficiency engagements to reduce auditor time;
    • Various practice issues related to audits;
    • Dealing with DOL audits of employee benefit plans; and more...

    Learning Objectives:

    After reading Section 1 of the course material, you will be able to:

    • Identify an example of a concentration that might require disclosure
    • Recall the definition of near term
    • Identify the most obvious approach to account for a PPP loan under GAAP
    • Recall how an entity should account for PPP loan forgiveness
    • Identify a scenario in which it would be impracticable for an auditor to attend a physical inventory
    • Recognize an advantage of remote auditing
    • Recognize a behavioral trait of most occupational fraudsters
    • Recognize the difference between fraud and an error
    • Recall the three conditions of the fraud triangle
    • Identify common types of financial statement fraud noted by the FBI
    • Recognize an example of a misappropriation of assets
    • Identify an additional procedure required to deal with the risk of management override of internal controls
    • Recognize a factor to consider in evaluating the going concern of an entity
    • Recall how an investment in equity security should be accounted for under GAAP
    • Recognize the new sales tax rules in the wake of the Wayfair decision
    • Recognize an example of a coverage ratio
    • Recall the timeframe within which most lawsuits against auditors occur
    • Identify a recommendation to tighten up auditor work papers
    After reading Section 2 of the course material, you will be able to:
    • Identify a suggestion for an auditor reducing time and increasing audit efficiency
    • Recognize when negative accounts receivable confirmations should not be used
    • Identify the form of a comfort letter that would be appropriate for an accountant to make to a lender
    • Recall the rule for an auditor presenting his or her city and state on the audit report
    • Identify the rules for an auditor communicating deficiencies found in an audit
    • Recognize an example of a result that can occur if there is a problem with a DOL employee benefit plan audit
    • Identify a type of fraudster
    • Recall the location of certain sections in the auditors report
    • Recognize the categorization of an adverse opinion
    • Identify a change that SAS No. 136 makes to the limited-scope ERISA audit
    • Recognize one of the changes made by AU-C 703 to ERISA audits
    • Recall the reporting requirement when an auditor obtains other information in an audit
    • Identify a reference that is made in the new definition of materiality
    • Recognize the definition of certain types of paragraphs made by SAS No. 139
    • Recognize an example of an attribute of information obtained as audit evidence per SAS No. 142
    • Identify how inherent and control risk should be assessed under the SAS No. 143 requirements
    • Recall the three approaches that an auditor can use to perform further audit procedures required by SAS No. 143
    • Identify some instances in which an auditor may conclude that a specialists work is not adequate
    • Identify a type of risk assessment procedure that an auditor can use in accordance with SAS No. 145
    • Recall examples of risk assessment procedures that an auditor may perform in SAS No. 145
    • Recognize how to perform risk assessment procedures when relying on information obtained from previous experience with an entity
    • Identify examples of risk assessment procedures to obtain audit evidence in accordance with SAS No. 145
    • Recognize a new requirement made by SAS No. 145 in connection with assessing inherent risk and control risk in an audit
    • Identify how an auditor should respond if the auditor does not plan to test the operating effectiveness of an entitys controls.
    • Identify a change made by SSAE No. 19
    • Recognize one of the four types of engagements within SSAE No. 21s new definition of attestation engagement
    • Identify an example of subject matter that is within the scope of SSAE No. 22s review
    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $159.00 each Add to cart

    Auditing Developments- SAS Nos. 134-143 and SSAE Nos. 19-22 COVID-19 Reporting Issues

    • Credits: 16
    • Format: Interactive Self-Study eBook
    • Field of Study: Auditing
    • Author: Steven Fustolo
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:Basic Understanding of Auditing Standards
    Course ID:SF-207.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    The objective of this course is to address the latest developments affecting 2020 and 2021 audit engagements, including the impact of COVID-19 on audit engagements.

    Additionally, in this course, auditors will learn about the new auditor’s report, auditing estimates, and audit evidence guidance found in SAS Nos. 134-143, and the new attestation standards found in SSAE Nos. 19-22.

    The course focuses on recalling, recognizing, and identifying rules related to auditing standards including new developments about those standards.

    Topics include:
    • Addressing the auditors consideration of the business and economic environment in which the client operates
    • Accounting and auditing engagement issues during COVID-19 included the impact of the pandemic on an entitys ability to continue as a going concern.
    • Client and employee fraud.
    • Specific accounting risks for auditors to consider.
    • Limiting auditors liability.
    • Key audit focus areas during volatile times.
    • Lessons from litigation.
    • Efficiency engagements to reduce auditor time.
    • Various practice issues related to audits.
    • Dealing with DOL audits of employee benefit plans; and more!

    Learning Objectives:
    Section 1:

    After reading the Section 1 course material, you will be able to:

    • Identify an example of a concentration that might require disclosure.
    • Recall the definition of the near term.
    • Identify the net operation loss rules under the CARES Act.
    • Recognize a key characteristic of a multi-employer pension plan.
    • Identify the most obvious approach to account for a PPP loan under GAAP.
    • Recall how an entity should account for PPP loan forgiveness.
    • Identify a scenario in which it would be impracticable for an auditor to attend a physical inventory.
    • Recognize an advantage of remote auditing.
    • Recognize a behavioral trait of most occupational fraudsters.
    • Recognize the difference between fraud and error.
    • Recall the three conditions of the fraud triangle.
    • Identify common types of financial statement fraud noted by the FBI.
    • Recognize an example of a misappropriation of assets.
    • Identify an additional procedure required to deal with the risk of management override of internal controls.
    • Recognize a factor to consider in evaluating the going concern of an entity.
    • Recall how an investment in equity security should be accounted for under GAAP.
    • Recognize the new sales tax rules in the wake of the Wayfair decision.
    • Recognize an example of a coverage ratio.
    • Recall the timeframe within which most lawsuits against auditors occur.
    • Identify a recommendation to tighten up auditor work papers.
    • Section 2:

      After reading the Section 2 course material, you will be able to:

    • Identify a suggestion for an auditor that reduces time and increases audit efficiency.
    • Recognize when negative accounts receivable confirmations should not be used.
    • Identify the form of a comfort letter that would be appropriate for an accountant to make to a lender
    • Recall the rule for an auditor presenting his or her city and state on the audit report.
    • Identify the rules for an auditor communicating deficiencies found in an audit.
    • Recognize an example of a result that can occur if there is a problem with a DOL employee benefit plan audit
    • Identify a type of fraudster.
    • Recall the location of certain sections in the auditors report.
    • Recognize the categorization of an adverse opinion.
    • Identify a change that SAS No. 136 makes to the limited-scope ERISA audit.
    • Recognize one of the changes made by AU-C 703 to ERISA audits.
    • Recall the reporting requirement when an auditor obtains other information in an audit.
    • Identify a reference that is made in the new definition of materiality.
    • Recognize the definition of certain types of paragraphs made by SAS No. 139.
    • Recognize an example of an attribute of information obtained as audit evidence per SAS No. 142.
    • Identify an attribute of audit evidence referenced in SAS No. 142.
    • Identify how inherent and control risk should be assessed under the SAS No. 143 requirements.
    • Recall the three approaches that an auditor can use to perform further audit procedures required by SAS No. 143.
    • Identify a change made by SSAE No. 19.
    • Recognize one of the four types of engagements within SSAE No. 21s new definition of attestation engagement.
    • Identify an example of subject matter that is within the scope of SSAE No. 22s review.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $29.00 each Add to cart

    Avoiding Boomer Bust Effective Life Planning for American Baby Boomers

    • Credits:  3
    • Format: Interactive Self Study eBook-
    • Field of Study: Accounting | Auditing
    • Author/Speaker: Lanford Publishing
    Available Formats: 
    Advanced Preparation:None
    Experience Level:Basic 
    Program Prerequisites:General Understanding of Financial Planning
    Course ID:LP-305.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    This chapter sketches a profile of the generation represented by Americans born from 1946 through 1964: baby boomers. After an overview of how todays middle-aged Americans are changing the stereotypes of the work world, personal lifestyles,
    and family home-life, this chapter explores the possible perhaps even probable financial and lifestyle shortfalls boomers may encounter. The causes of the boomers dilemma, which are explored in Chapter 2 are many, and the approaches
    to prevent financial, emotional, and personal trauma will not be simple; Chapter 3 outlines the creative strategies this forceful generation will devise to deal with this first-ever long-lived, massive cohort. The Planning Resources
    at the end of each chapter offer helpful websites and other sources of information vital for forging ahead with the second half of life.

    Topics include:
    • Chapter 1: Reasons to Plan
    • Chapter 2: Boomer's Impending Financial Squeeze
    • Chapter 3: Decisions, Decisions

    Learning Objectives:

    After reading the course material, you will be able to:

    • List the educational, financial, and emotional aspects of the typical boomer in their planning for a productive and stable second half of life;
    • Recognize the changes to the concept of careers and lifestyle brought about by womens entrance and ascension in the American workforce;
    • Recognize the revised needs and priorities of boomers as they prepare for the second half of life; and
    • Recognize the changes to the workplace, market, and service sector instituted by the surge of older Americans in our culture.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $39.00 each Add to cart

    Basic Fringe Benefits (Mini)

    • Credits: 4
    • Format: Interactive Self-Study eBook
    • Field of Study: Federal Tax Update
    • Author: Danny Santucci
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:

    General understanding of federal income taxation.

    Course ID:EWTFM-U-02031-23-S | 6233-CE-0759 | DS-309.23U
    Published Date:Author Updated: 2/2023 | Registered for 2023
    COURSE DESCRIPTION

    This course is an overview of basic fringe benefits and examines their mechanics, compensation methods, valuation, withholding, and accounting. Achievement awards, term life insurance, medical reimbursement, meals and lodging, educational
    assistance, dependent care, employer-provided automobiles, interest-free loans, etc. are identified. Employer and employee economic and tax considerations are recognized. Fringe benefit requirements and limits are specified and
    ERISA compliance requirements are determined.

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize basic fringe benefit planning by determining income under 61, and identify the differences between former nonstatutory and current statutory fringe benefits created by recent cases, rulings, and tax law changes.
    • Specify the mechanics of typical fringe benefits, determine the fair market value of a fringe benefit under the general valuation rule or the special valuation rules, and identify the general accounting rule and the special two-month
      pour-over accounting rule.
    • Identify an employee achievement award under 274, and recognize the rules for group term life insurance under 79 stating how to implement proper coverage.
    • Determine the mechanics of self-insured medical reimbursement plans under 105, and specify the requirements of medical insurance under 106 identifying differences.
    • Identify the rules for excluding the value of meals and lodging under 119, and cafeteria plans and how they operate.
    • Recognize the requirements and limits of employee educational assistance programs and dependent care assistance specifying how to obtain each type of assistance.
    • Identify no-additional-cost services and determine what property or services are excludable from income as qualified employee discounts under 132(c), and specify exceptions to working condition fringes and de minimis fringes.
    • Determine the requirements for qualified transportation fringe benefits under 132(f), specify valuation methods for employer-provided automobiles, and identify the qualifications for the popular physical fitness exclusion, and
      the requirements and benefits of adoption assistance programs.
    • Recognize planning services available under 132, 212, and 67, determine interest-free and below-market loans, identify child care benefits and corporate-funded educational savings accounts, specify S corporation fringe benefits,
      and identify ERISA compliance requirements.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    • Enrolled Agents (EAs)
    • Other Tax Return Preparer (OTRP)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    IRS
    CTEC
    $129.00 each Add to cart

    Best Practices for Accounts Payable

    • Credits:  13
    • Format: Interactive Self Study eBook-
    • Field of Study: Accounting | Auditing
    • Author/Speaker: Mary Schaeffer
    Available Formats: 
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Accounts Payable
    Course ID:MS-103.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Best practices for the accounts payable function are critical for those organizations concerned about their profitability. For poor practices result in excess cost, duplicate payments, increased processing expenses, fraud, and frayed
    vendor relationships. And, of course, there is the growing issue of regulatory compliance as the Feds and states look for their fair share.

    This course presents information the professional can use to identify best practice problems as well as regulatory concerns. Industry expert Mary Schaeffer explains the issues related to the accounts payable function to auditors,
    controllers, and managers. She then reveals the best practices for a myriad of these issues as well as identifying almost best practices for those cases where it is not possible to use the best practice and the worst practices
    which are likely to cause trouble.

    Topics include:
    • Chapter 1: Managing the AP Function
    • Chapter 2: Master Vendor File
    • Chapter 3: Invoice Processing
    • Chapter 4: Invoice Problems
    • Chapter 5: Checks
    • Chapter 6: ACH (Electronic Payments)
    • and much more to cover.... through Chapters 7-22

    Learning Objectives:

    After reading the course material, you will be able to:

    • Establish strong master vendor file practices
    • Incorporate appropriate segregation of duties into master vendor file process
    • Create effective invoice receipt practices
    • Construct best practice invoice handling routines
    • Define effective practices when short-paying invoices
    • Establish a process for managing discrepant invoices
    • Design a suitable process for storing check stock
    • Understand the benefit of paying electronically
    • Develop a process to weed out fraudulent change of bank account requests
    • Develop strong controls in a p-card program
    • Identify ways to pay small-dollar invoices without issuing a check
    • Identify lost funds through an effective supplier statement review policy
    • Integrate the concept of segregation of duties across the payment process
    • Uncover practices that will eliminate weak control points
    • Understand the importance of having a separate computer for online banking
    • Integrate check fraud prevention practices into the accounts payable process
    • Create a strong travel and entertainment policy the is compliant with IRS guidelines for the entire organizations
    • Develop policies for handling travel issues created when employees leave
    • Understand what is required for information reporting to the IRS for independent contractors
    • Integrate the use of IRS TIN Matching into the new vendor setup function
    • Create a policy that will enable the organization to report and remit unclaimed property in all instances
    • Incorporate regular OFAC checking into the payment process to ensure payments are not made to terrorists
    • Identify potential situations where payment may actually be a bribe to a foreign official in conflict with FCPA regulations
    • Understand how payment timing can both help and hurt the organization
    • Create procedures to ensure all early payment discounts are earned


    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $29.00 each Add to cart

    Choosing the Right Business Entity and Getting Cash Out Of It (Mini)

    • Credits: 3
    • Format: Interactive Self-Study eBook
    • Field of Study: Federal Tax Law
    • Author: Danny Santucci
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Federal Tax Income
    Course ID:EWTFM-T-02036-23-S | 6233-CE-0763 | DS-141.23U
    Published Date:Author Updated: 2/2023 | Registered for 2023
    COURSE DESCRIPTION

    This mini-course describes and compares sole proprietorships, partnerships, limited liability companies, C corporations, and S corporations. It examines their advantages and disadvantages, permitting the participant to properly select
    the right business entity for their tax and liability needs.

    Learning Objectives:

    After reading the course material, you will be able to:

    • Cite the central differences among business entities and the advantages and disadvantages associated with basic business entity types
    • Recognize the tax attributes of sole proprietorships, partnerships, LLCs, S corporations, and C corporations and how each entity can be used to enhance tax and financial purposes and objectives
    • Specify the unique (e.g., self-employment) and general taxes applicable to particular entities and the tax forms that may be required
    • Identify the basic deductions that are permissible for each entity type and the conditions under which they are allowed
    • Determine the tax years, accounting methods, and valuation methods that each entity type may use, and how the entities can be terminated
    • Specify for different entity types the basis and the tax effect of sales, exchanges, transfers, contributions, and distributions.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    • Enrolled Agents (EAs)
    • Other Tax Return Preparer (OTRP)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    IRS
    CTEC
    $39.00 each Add to cart

    Climate Change Accounting and Sustainability Reporting

    • Credits:  4
    • Format: Interactive Self Study eBook-
    • Field of Study: Accounting- | Economics
    • Author/Speaker: Michael Walker
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Accounting
    Course ID:MW-116.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Climate change and sustainability are topics that are increasingly on the minds of investors and other stakeholders. Companies are increasingly subject to nonfinancial reporting requirements relating to environmental, social, and governance
    factors. For example, sustainability reporting requirements are increasingly impacting the investment and lending activities of global financial institutions. Investors now expect businesses to frame decisions in terms of environmental,
    social, and human impact for the long-term, rather than on short-term gains such as next quarter's earnings report. This course reviews the prevailing sustainability reporting and non-financial reporting frameworks.

    This course also reviews the accounting for climate change risks under the U.S. Generally Accepted Accounting Principles (U.S. GAAP) and International Financial Reporting Standards (IFRS). While these Standards do not cover climate change
    risks and other emerging risks explicitly, they do address issues that relate to them. This course reviews the application of those Standards and the related guidance on materiality to climate and other emerging risks.

    Topics Covered:
    • CHAPTER 1 CLIMATE CHANGE AND THE ECONOMY
    • CHAPTER 2 SUSTAINABILITY DISCLOSURES
    • CHAPTER 3 CLIMATE CHANGE ACCOUNTING

    Learning Objectives:

    After reading the course material, you will be able to:

    • Identify the potential economic impacts and financial risks of climate change.
    • Recognize disclosure practices that are consistent with leading sustainability reporting frameworks.
    • Identify areas of accounting and financial statement disclosures that are impacted by climate-related and other emerging risks.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $39.00 each Add to cart

    Complying with Government Auditing Standards and Professional Ethics

    • Credits: 4
    • Format: Interactive Self-Study eBook
    • Field of Study: Auditing
    • Author: Andrew Clark
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Auditing Process
    Course ID:AC-951.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity.
    The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental
    audit reports, professional qualifications for auditors, and audit organization quality control.

    This course will describe when the Yellow Book standards must be applied. This course will identify the types of auditors and audit organizations that may employ GAGAS to conduct their work. This course will identify the categories
    of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations. Finally, this course will identify the ethical principles that guide the work of auditors who conduct engagements
    in accordance with GAGAS.

    Topics include:
    • Chapter 1: Foundation and Principles for the Use and Application of Government Auditing Standards
    • Chapter 2: General Requirements for Complying with Government Auditing Standards
    • Chapter 3: Ethics, Independence, and Professional Judgment
    • Chapter 4: Competence and Continuing Professional Education

    Learning Objectives:

    After reading the course material, you will be able to:

    • Identify the types of auditors and audit organizations that may employ GAGAS to conduct their work,
    • Recognize the types of engagements that may be conducted in accordance with GAGAS, and
    • Identify terminology that is commonly used in GAGAS.
    • Identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations.
    • Identify the ethical principles that guide the work of auditors who conduct engagements in accordance with GAGAS.
    • Recognize the purpose of applying the GAGAS Conceptual Framework.
    • Recognize that action that must be taken by auditors if they conclude that the independence of the engagement team or the audit organization is impaired.
    • Identify the individuals that have a role in an audit engagement.
    • Identify the number of CPE hours that must be completed in a 2-year period in order to maintain their professional competence.
    • Recognize the requirements related to specialists using during an audit.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $19.00 each Add to cart

    Corporate Fraud Case Studies

    • Credits:  2
    • Format: Interactive Self Study eBook-
    • Field of Study: Auditing | Fraud
    • Author/Speaker: Lanford Publishing
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:Basic Understanding of Auditing
    Course ID:LP-306.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Commonly referred to as white collar crime, corporate fraud is those illegal acts that are characterized by deceit, concealment, or violation of trust and which are not dependent upon the application or threat of physical force or
    violence. These acts are committed by individuals and organizations to obtain money or services or to secure personal or business advantage. This course will recap several actual cases of corporate fraud as presented by the Federal
    Bureau of Investigations (FBI) and the U.S. Department of Justice (DOJ).

    Topics include:
    • The Fraud Deterrence Initiative
    • Significant Cases Reported by the FBI
    • Significant Cases Reported by the Dept. of Justice
    • Working with the F.B.I.

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize the Fraud Deterrence Initiative and the story behind how it got started
    • Identify the various corporate fraud cases which the FBI and DOJ have prosecuted.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $19.00 each Add to cart

    Corporate Fraud Investigators

    • Credits:  2
    • Format: Interactive Self Study eBook-
    • Field of Study: Auditing | Fraud
    • Author/Speaker: Lanford Publishing
    Available Formats: 
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Fraud 
    Course ID:LP-301.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    As the primary agency investigating corporate fraud, the FBI has focused its efforts on cases which involve accounting schemes, self-dealing by corporate employees, and obstruction of justice to conceal fraudulent activities from criminal
    and regulatory authorities.

    This course will review the efforts being made by the FBI and several other federal corporate crime busting governmental bodies within the United States to prevent fraud.

    Topics include:
    • The President of the United States
    • Sarbanes Oxley Act of 2002 (SOX)
    • The Security and  Exchange Commission (SEC)
    • The Fraud Section of the Dept. of Justice
    • F.B.I
    • Office of the Chief Accountant
    • The Association of the Certified Fraud Examiners (ACFE)
    • The American Institute of CPA (AICPA)
    • SAS 99

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize some of the major organizations who have been working diligently to eliminate corporate fraud in the U.S.
    • Recognize the national statistics regarding corporate fraud in the United States.
    • List the general characteristics of the people who are most likely to commit fraud and how to better identify them as well as the most common types of fraudulent activities which are occurring in corporations today.
    • List the various types of schemes used to perpetrate misstatements on the financial statements and misappropriation of assets.


    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $19.00 each Add to cart

    Corporate Fraud Statistics

    • Credits:  2
    • Format: Interactive Self Study eBook-
    • Field of Study: Auditing | Fraud
    • Author/Speaker: Lanford Publishing
    Available Formats:  
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Fraud Statistics
    Course ID:LP-307.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Security experts estimate that as many as 30 percent of all employees do steal and that another 60 percent will steal if given sufficient motive and opportunity. The current economic hard times only add to the temptation of personnel
    to take what does not belong to them. This means that it is estimated that only 10 percent of employees will not steal under any circumstances.

    The least expensive way to fight corporate fraud within your organization or those of your clients is to be aware of the statistics surrounding its occurrence and then use that knowledge to put processes and procedures into place which
    will aid in preventing its occurrence. In this course, you will be provided with several statistics which should help you meet this goal.

    Following the statistical analysis, you will be provided with the ACFE Fraud Prevention Check-up in order to assess the vulnerability of your organization or those of your clients to corporate fraud.

    Topics include:
    • Why Should We Be Aware of Statistics?
    • F.B.I.
    • Corporate Fraud Task Force
    • S.E.C.
    • The Association of Certified Fraud Examiners
    • How Vulnerable is your Corporation or Clients?

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize the financial cost of fraud.
    • Recognize the most common method in which fraud is reported according to ACFE statistical studies.
    • Recognize why fraud is not always reported by executives and the chief reasons why even CPAs do not always want to participate with law enforcement officers while investigating a fraud incident.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $19.00 each Add to cart

    Corporate Taxation (Mini)

    • Credits: 2
    • Format: Interactive Self-Study eBook
    • Field of Study: Federal Tax Update
    • Author: Danny Santucci
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Federal Income Taxation
    Course ID:EWTFM-U-02041-23-S | 6233-CE-0765 | DS-115.23U
    Published Date:Author Updated: 2/2023 | Registered for 2023
    COURSE DESCRIPTION

    This course examines and explains the basics of corporate taxation. The focus is on regular or C corporations, their formation, and their operation under tax law. The advantages and disadvantages of corporations are examined; incorporation
    and capitalization issues are discussed; and, basic tax rates and specialty taxes are reviewed. The tax treatment of operational expenses and deductions is outlined, and accounting periods and methods are explored. Finally, the
    dangers of multiple corporations and corporate distributions are highlighted

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize regular corporation elements, specify their advantages and disadvantages specifying tax treatment, and determine how to distinguish them from PSC corporations
    • Identify 351 requirements for tax-free incorporation, recognize the impact of the transfer of money, property, or both by prospective shareholders, and determine the availability of 1244 for stock losses and 195 for amortization
      of start-up expenditures
    • Recognize the repeal of the corporate alternative minimum, specify the corporate tax consequences of capital gains and losses, and recognize ways to avert the accumulated earnings trap by identifying the potential use of the accumulated
      earnings credit
    • Determine accounting periods and methods available to corporations and specify the tax consequences of liquidating property distributions

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    • Enrolled Agents (EAs)
    • Other Tax Return Preparer (OTRP)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    IRS
    CTEC
    $159.00 each Add to cart

    Current Developments Accounting and Financial Reporting

    • Credits: 16
    • Format: Interactive Self-Study eBook
    • Field of Study: Accounting
    • Author: Steven Fustolo
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General understanding of U.S. GAAP
    Course ID:SF-203.23
    Published Date:Registered for 2023

    COURSE DESCRIPTION

    The purpose of this course is to inform the reader of the various changes to accounting and financial reporting affecting the accounting professional. Topics include a review of FASB projects including those related to financial performance, leases, and financial instruments, practice issues involving the statement of cash flows, fair value reporting, pensions, the international convergence project, little GAAP, and more. The structure of the course is to encourage the reader to recall existing GAAP rules coupled with identifying, stating, and outlining rules related to new and proposed pronouncements.

    The course also discusses accounting and financial reporting issues related to COVID-19.

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize a reason why public companies over disclose in their notes to financial statements.
    • Identify a proposed change to the statement of cash flows.
    • Recall the definition of free cash flow.
    • Recognize some of the key ratios used to analyze working capital.
    • Identify some of the symptoms of inefficiently managed working capital.
    • Recognize one of the characteristics of a multi-employer pension plan
    • Recognize the impact that life expectancy has on the amount of pension liability.
    • Identify the shift in the types of retirement plans over the past decade.
    • Recall the types of assets and liabilities found in Level 1 of the fair value hierarchy.
    • Recognize the type of information that is used to estimate credit losses under ASU 2016-13.
    • Recognized key changes found in the new lease standard.
    • Identify how a lessee recognizes a lease liability under the new lease standard.
    • Identify potential impacts from implementing the new lease standard.
    • Recognize the general structure of the FASB Accounting Standards Codification (ASC).
    • Recall the general GAAP rule for managements evaluation of going concerned.
    • Identify a concentration of risk that might require disclosure.
    • Recall how LIFO should be valued under GAAP.
    • Identify how to record the forgiveness of a PPP loan on the financial statements.
    • Recognize how net operating losses are treated under the CARES Act.
    • Recognize how to present deferred income taxes on the balance sheet under ASU 2015-17.
    • Recognize when a state might be able to charge sales tax under the Wayfair decision.
    • Identify some unusual transactions and how they are recorded on the statement of cash flows.
    • Recognize the types of arrangements that qualify the private company accounting alternative election related to goodwill amortization and acquisitions.
    • Recognize the accounting alternative for leases under common control in ASU 2018-17.
    • Identify the impairment test for goodwill under ASU 2017-04.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $159.00 each Add to cart

    Current Developments In Accounting and Financial Reporting 2023 (Item 6 and 6E)

    • Credits: 16
    • Format: Interactive Self-Study eBook
    • Field of Study: Accounting
    • Author: Steven Fustolo
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of
    Course ID:SF-203.23U
    Published Date:Author Updated: 3/2023 | Registered for 2023
    COURSE DESCRIPTION

    The purpose of this course is to inform the reader of the various changes to accounting and financial reporting affecting the accounting professional. Topics include a review of FASB projects including those related to financial performance,
    leases, and financial instruments, practice issues involving the statement of cash flows, fair value reporting, pensions, the international convergence project, little GAAP, and more. The course structure encourages the reader to recall existing GAAP rules coupled with identifying, stating, and outlining rules related to new and proposed pronouncements. The course also discusses accounting and financial reporting issues – post-COVID,
    PPP loans, the Employee Retention Credit (ERC), and the Pass-Through Entity (PTE) Tax.

    Topics include:
    • Latest Developments on the Accounting Front
    • Accounting and Reporting Issues- Post- COVID
    • GAAP Income Tax Issues- 2022 and 2023 and Other Financial Reporting Issues
    • Accounting Standards Updates (ASUs)

    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $9.00 each Add to cart

    Dealing with Expense Report Reimbursement Problems

    • Credits:  1
    • Format: Interactive Self Study eBook-
    • Field of Study: Accounting-
    • Author/Speaker: Mary Schaeffer
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of an Expense Report
    Course ID:MS-118.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Travel expenses are, for many organizations, their second-largest controllable expense. This is just one of the reasons why every organization must have a strong policy that governs these expenditures. That being said, the number of
    problems that continue to plague many companies when it comes to expense reimbursements defies logic. There has to be a better way.

    In this course, industry expert Mary Schaeffer takes a look at some of the more common problems experienced by companies related to employees, expense reimbursement requests. She not only identifies the issues, but offers solutions
    on how best-practice companies minimize these problems and, in some cases, eliminate them.

    Learning Objectives:

    After reading the course material, you will be able to:

    • Create processes for dealing with illegible receipts
    • Develop a policy for dealing with reimbursement requests for items clearly not covered in the policy
    • Identify strategies for dealing with managers who take too long to approve employees expense reimbursement requests
    • Create practices to deal with conflicts around the reimbursement process
    • Pinpoint areas employees are most likely to cheat on their expense reports


    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $19.00 each Add to cart

    Debt and Selected Debt Related Issues (Mini)

    • Credits: 2
    • Format: Interactive Self-Study eBook
    • Field of Study: Federal Tax Law
    • Author: Danny Santucci
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General understanding of federal income taxation
    Course ID:EWTFM-T-02044-23-S | 6233-CE-0766 | DS-308.23U
    Published Date:Author Updated: 2/2023 | Registered for 2023
    COURSE DESCRIPTION

    This mini-course brings the practitioner information on tax issues affecting interest and debt. The various types of interest and their required allocation are explored and reviewed. For the economically troubled client, special attention
    is devoted to debt cancellation, repossession, discounts, and foreclosure. The program also discusses installment sales, taxable interest, and bad debts.

    Learning Objectives:

    After reading the course material, you will be able to:

    • Determine what constitutes interest specifying its key components, and identify whether the various types of interest are tax-deductible or nondeductible
    • Recognize how to deduct interest that is paid or accrued during the tax year by applying different methods of accounting, specify the applicable federal rate, recognize the effects of unstated interest on transactions, and cite the
      imputed interest rules in the context of debt instruments
    • Identify the interest allocation rules and the allocation period for a loan, recognize the difference between an allocation of loan proceeds that are deposited in an account and the allocation of loan proceeds received in cash,
      and cite loan repayments in the order they are deemed repaid
    • Determine when certain distributions commonly referred to as "dividends" are interest and the tax treatment of interest that is earned on such items as income on frozen deposits and U.S. Savings Bonds
    • Recognize an installment sale transaction, determine what constitutes the installment method, specify the parts of each payment on an installment sale, and cite the related party sales rules of 453
    • Identify exceptions to the general income inclusion rule and their effect on a taxpayer, and determine the different effects of nonrecourse indebtedness from the effects of recourse indebtedness on foreclosure
    • Specify bad debt categories specifying the impact of nonbusiness bad debt recovery, identify when a business deducts its bad debts from gross income, and recognize which accounting method to apply to business bad debts.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    • Enrolled Agents (EAs)
    • Other Tax Return Preparer (OTRP)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    IRS
    CTEC
    $99.00 each Add to cart

    Derivatives and Hedging for Accountants

    • Credits: 10
    • Format: Interactive Self-Study eBook
    • Field of Study: Accounting | Finance
    • Author: Michael Walker
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:Basic Understanding of Accountancy
    Course ID:MW-101.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    A derivative is a financial product that derives its value based on an underlying asset, liability, or other variables (such as an interest rate, foreign currency, or commodity price). Derivatives have become very popular tools for
    “hedging” (i.e. reducing) financial risk; they have also become an increasingly standard item on big companies' balance sheets. Yet understanding how they work, what they are used for, and how they can affect the bottom line of
    business has proven to be a significant challenge for the accounting and auditing industries.

    Topics include:
    • This course provides an accountant-friendly overview of financial risk management and derivative instruments.
    • This overview focuses on the various types of risks that impact financial markets today, as well as the four major categories of derivatives commonly used to hedge these risks (i.e. forwards, futures, swaps, and options).

    Learning Objectives:

    After reading the course material, you will be able to:

    • Define the various types of risks that impact financial markets.
    • Identify the unique characteristics of forwards, futures, swaps, and options.
    • Recognize appropriate hedging practices using derivative instruments.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $169.00 each Add to cart

    Economic Indicators A Comprehensive Overview

    • Credits: 17
    • Format: Interactive Self-Study eBook
    • Field of Study: Finance | Accounting
    • Author: Michael Walker
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:Basic Understanding of Finance
    Course ID:MW-102.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Economic indicators are those often-voluminous statistics released by government agencies, non-profit organizations, and even private companies. They provide measurements for evaluating the health of our economy, including the latest
    business cycles, consumer spending, inflation, housing, and so on. Various economic indicators are released quarterly, monthly, weekly, and even daily.

    This course provides an introductory overview of the worlds most prevalent economic indicators, including those related to unemployment, consumer sentiment and confidence, inflation, productivity, housing, manufacturing, and international
    trade. This course reviews the impact that changes in these indicators have on the financial markets and monetary policy.

    Topics include:
    • Chapter 1 Economic Indicators and Business Cycles
    • Chapter 2 Financial Markets and Interest Rates
    • Chapter 3 GDP and Monthly Indicators
    • Chapter 4 Federal Reserve and Monetary Indicators
    • Chapter 5 Unemployment and Consumer Indicators
    • Chapter 6 Inflation and Productivity Indicators
    • Chapter 7 Industrial and Commercial Indicators
    • Chapter 8 International Trade Indicators

    Learning Objectives:

    After reading the course material, you will be able to:

    • Identify the types of economic indicators that exist and recognize the unique characteristics of each type.
    • Recognize the characteristics and economic impact of key economic indicators, including those related to unemployment, consumer sentiment and confidence, inflation, productivity, housing, manufacturing, and international trade.
    • Identify the components of gross domestic product (GDP) and recognize how economic indicators impact these components.
    • Recognize how changes in economic indicators and the actions of the Federal Reserve impact financial market activity.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $9.00 each Add to cart

    Emerging Cyber Payment Frauds

    • Credits:  1
    • Format: Interactive Self Study eBook-
    • Field of Study: Accounting | Auditing
    • Author/Speaker: Mary Schaeffer
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Expense Reporting Issues
    Course ID:MS-104.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Technology is making a huge impact on every facet of the business world. The expense reporting function is no exception. It is making it easier for employees to play games but at the same time, it provides companies the tools they
    need to identify that game playing without spending a fortune.

    Topics include:
    • This course takes a deep dive into the developing expense reporting issues and reveals the way savvy companies can effectively deal with them.
    • The issues evaluated in this course are critical to those who want to run a cost-effective, efficient, fraud-resistant expense reimbursement function.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $59.00 each Add to cart

    Exchange Traded Funds

    • Credits:  6
    • Format: Interactive Self Study eBook-
    • Field of Study: Accounting-
    • Author/Speaker: Lanford Publishing
    Available Formats: 
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Accounting
    Course ID:LP-312.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    An exchange-traded fund (ETF) is a basket of securities designed to replicate the performance of a stock or bond index (e.g., S and P 500 Index or Lehman Brothers 20+ Years. Treasury Index.) ETFs are listed on an exchange, and unlike regular open-end mutual funds, ETFs can be bought and sold throughout the trading day. They can also be sold short and bought on margin. In brief, anything you might do with a stock, you can do with an ETF. Most ETFs also charge lower annual expenses than even the least costly index mutual funds. However, as with stocks, investors must pay a commission to buy and sell ETF shares.

    In contrast to most mutual funds, ETFs have no investment minimums. Investors can literally buy a single share of an ETF in the secondary market through their broker (an online broker or the traditional type).

    All the above features have led to the rapid growth of ETFs since the first offering came to fruition in 1993. An increasing number of financial professionals, including CPAs, are turning their attention to this unique breed of investment products. As such, this course will provide you with a thorough understanding of exchange-traded funds.

    Topics include:
    • As such, this course will provide you with a thorough understanding of exchange-traded funds.
    • We will cover the manner in which ETFs are created and offered to investors.
    • We will take a more comprehensive look at the key features of ETFs and how they stack up to comparable products, such as index mutual funds, including in such areas as tax advantages.
    • We will also feature some of the biggest, as well as the most popular, ETF offerings and the companies that offer them.
    • Most importantly, we will provide you with information on useful tools and resources, which you can use to further research and utilize exchange-traded funds in your practice.

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize the evolution of ETFs.
    • Identify the key advantages and drawbacks to investors of ETFs.
    • Recognize the most notable ETFs on the market.
    • Identify the resources that you can utilize to incorporate ETFs into your practice.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $79.00 each Add to cart

    Fair Value Accounting An Overview

    • Credits: 8
    • Format: Interactive Self-Study eBook
    • Field of Study: Accounting 7 | Auditing 1
    • Author: Michael Walker
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Accountancy
    Course ID:MW-103.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Numerous FASB Standards have been issued requiring certain items to be measured and reported at “fair value” on the Balance Sheet. Prior to the release of ASC 820 Fair Value Measurements and Disclosures (formerly known as SFAS 157), the concept of fair value had never been formally defined in U.S. accounting literature. Since its issuance in September 2006, ASC 820 has become one of the most controversial accounting standards ever released.

    This course provides a conceptual review of fair value accounting, as outlined in ASC 820 and other U.S. accounting standards. This course will also provide an overview of the authoritative guidance for auditing fair value measurements and disclosures, SAS No. 101.

    Topics include:
    • Chapter 1: THE EVOLUTION OF FAIR VALUE
    • Chapter 2: MEASUREMENT
    • Chapter 3: VALUATION TECHNIQUES AND INPUTS
    • Chapter 4: AUDITING FAIR VALUE MEASUREMENTS AND DISCLOSURES
    • Chapter 5: THE FAIR VALUE OPTIONS
    • Chapter 6: THE FAIR VALUE CONTROVERSY

    Learning Objectives:

    After reading the course material, you will be able to:

    • Define ‘fair value’ and explain the fair value framework and hierarchy included in ASC 820 Fair Value Measurements and Disclosures.
    • Identify the roles that management and the auditor have in the fair value measurement process.
    • Recognize the key aspects of the fair value option.
    • Recognize the limitations of fair value accounting.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $29.00 each Add to cart

    Field Work and Reporting Standards for Professional Audits

    • Credits: 3
    • Format: Interactive Self-Study eBook
    • Field of Study: Auditing
    • Author: Andrew Clark
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:Basic Understanding of the Auditing Process
    Course ID:AC-952.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity. The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.

    This course will identify the general planning requirements for an audit that must comply with all of the applicable requirements for a review of financial statements conducted in accordance with GAGAS. Finally, this course will describe what must be included and what must be excluded from an audit report.

    Learning Objectives:

    After reading the course material, you will be able to:

    • Identify the general planning requirements for an audit that must comply with all of the applicable requirements for a review of financial statements conducted in accordance with GAGAS.
    • Recognize the five components of internal control.
    • Identify conditions that indicate a heightened risk of fraud.


    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA


    $199.00 each Add to cart

    Financial Markets A Comprehensive Overview

    • Credits: 20
    • Format: Interactive Self-Study eBook
    • Field of Study: Accounting | Auditing
    • Author: Michael Walker
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:Basic Understanding of Finances
    Course ID:MW-104.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    Financial markets represent the lifeblood of our global economy. These mechanisms promote greater economic efficiency by transferring funds from individuals, businesses, and governments with an excess of available funds to those with a shortage. Funds are transferred in the financial markets through the purchase and sale of financial instruments (such as stocks and bonds). Short-term financial instruments are available in money markets, while longer-term financial instruments are purchased and sold in the worlds capital markets.

    Many financial markets have been in existence for hundreds of years; however, the modern era has brought along many new innovations such as securitization and the derivatives market.

    Topics include:
    • This course provides an introductory overview of the worlds largest financial markets, including the money, bond, stock, mortgage, foreign currency, and derivatives markets.
    • This course reviews the various types of financial risks that impact these markets, as well as the economic variables that influence market activity (such as interest rates and monetary policy).

    Learning Objectives:

    After reading the course material, you will be able to:

    • Identify the unique characteristics of financial markets.
    • Recognize the types of financial instruments traded in financial markets.
    • Recognize how economic variables (such as interest rates and monetary policy) and financial risks impact financial market activity.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)
    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $19.00 each Add to cart

    Financial Reporting and Accounting for COVID-19 CARES Act and PPP Loans

    • Credits: 2
    • Format: Interactive Self-Study eBook
    • Field of Study: Accounting
    • Author: Steven Fustolo
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General understanding of Accounting, Financial Reporting, Auditing and Compilation and Review Standards
    Course ID:SF-318.23
    Published Date:Feb 2022
    COURSE DESCRIPTION

    The objective of this course is to review the impact that COVID-19 has on accounting and financial reporting, and the changes made by the CARES Act and the Consolidated Appropriations Act, 2021, including accounting for Paycheck Protection
    Program (PPP) loans and forgiveness.

    The course also discusses the accounting for PPP loans and forgiveness, the accounting for tax changes made by the CARES Act and Consolidated Appropriations Act, and more.

    Topics include:
    • Disclosures of risks and uncertainties
    • Impairment issues related to goodwill and other long-lived assets
    • Accounting for variable consideration revenue and onerous contracts
    • Dealing with inventory costs and stock market investment losses
    • Collectability of trade receivables
    • Loan modification
    • Dealing with business interruption insurance.

    Learning Objectives:

    After reading the course material, you will be able to:

    • Recognize some types of concentrations that might require disclosure under the risk and uncertainty rules including supply-chain shortages
    • Identify the definition of near term
    • Recall the frequency in which an entity should test goodwill for impairment
    • Identify a method that can be used to measure variable consideration revenue
    • Recognize an example of a construction-type contract subject to the onerous contract rules
    • Recognize how to account for PPP loan forgiveness, and
    • Identify how to treat the forgiveness of a PPP loan for tax purposes.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)

    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
    NASBA
    $9.00 each Add to cart

    Forensics Accounting Searching for Hidden Assets Interests and Income

    • Credits: 1
    • Format: Interactive Self-Study eBook
    • Field of Study: Accounting
    • Author: Robert Minniti
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Accountancy
    Course ID:RM-303.23
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    If you are working in the forensic accounting field at some time in your career it may be necessary to search for hidden assets. This course is designed to review why people hide assets and how they commonly hide them. We will discuss the methods for searching for hidden assets as part of a forensic accounting engagement and how to confiscate the assets once they are located. We will also review some of the legal issues involved with searching for and seizing assets.

    This course is appropriate for CPAs, CFEs, external auditors, internal auditors, CIAs, forensic accounts, CFFs, MAFFs, law enforcement personnel, and others who might be involved in searching for hidden assets.

      Learning Objectives:

      After reading the course material, you will be able to:

      • Identify methods for finding hidden assets
      • Identify methods for finding hidden income

      Who Should Attend:
      • All Certified Public Accountants (CPAs)
      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
      NASBA


      $19.00 each Add to cart

      Fraud Update The Impact of Fraud and Actions to Address Fraud

      • Credits:  2
      • Format: Interactive Self Study eBook-
      • Field of Study: Fraud | Auditing
      • Author/Speaker: Lanford Publishing
      Available Formats: 
      Advanced Preparation:None
      Experience Level:Basic ;
      Program Prerequisites:General Understanding of Auditing
      Course ID:LP-313.23
      Published Date:Registered for 2023
      COURSE DESCRIPTION

      As fraud has evolved over the years the controls and procedures to prevent and detect fraud have also evolved. This course will consider the significant impact of fraud and the measures that have occurred to address fraud, particularly white-collar crime. The United States government's response to events and situations involving fraudulent activity will be looked at along with the consequences for committing fraud.

      Topics include:
      • The effectiveness of an organizations internal control system plays an important role in fraud.
      • The recently updated Internal Control-Integrated Framework provides valuable information for organizations of all sizes to consider sound actions to deter and detect fraud.
      • Examples of fraud risks will be reviewed along with steps that can be implemented as part of an anti-fraud program.

      Learning Objectives:

      After reading the course material, you will be able to:

      • Recognize the impact of fraud.
      • Identify government actions taken to address fraud.
      • Identify the components of internal control.
      • Recognize the fraud risk assessment process.
      • Recognize fraud risk factors.
      • Identify controls that address the risk of fraud.


      Who Should Attend:
      • All Certified Public Accountants (CPAs)
      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
      NASBA


      $159.00 each Add to cart

      Fundamentals of Accounts Payable An Accountants Handbook

      • Credits:  16
      • Format: Interactive Self Study eBook-
      • Field of Study: Accounting-
      • Author/Speaker: Mary Schaeffer
      Available Formats:
      Advanced Preparation:None
      Experience Level:Basic
      Program Prerequisites:Basic Understanding of Accountancy
      Course ID:MS-111.23
      Published Date:Registered for 2023
      COURSE DESCRIPTION

      Understanding the fundamentals of the accounts payable function is critical for any organization that wants to run an effective and efficient accounts payable function. Without this understanding, weak processes are permitted making fraud easier to commit. Duplicate payments increase and the function is not cost-effective.

      This course presents information the professional can use to create a strong process and implement an effective function.

      Industry expert Mary Schaeffer shows auditors, controllers, and managers how proper processes in the accounts payable function strengthen controls and lead to efficient and effective accounts payable function.

      Topics include:
      • Chapter 1: The Foundation of the Accounts Payable Function
      • Chapter 2: Master Vendor File: Where the Process Should Begin
      • Chapter 3: Invoice Processing: The Reason Accounts Payable Exists
      • Chapter 4: Checks: The Original (and Least Efficient) Payment Vehicle
      • Chapter 5: Purchase Cards: Streamlining the Payment Process for Small Purchases
      • Chapter 6: Electronic Payments: The Most Efficient Payment Vehicle
      • Chapter 7: Operational Issues: Invoice Handling and Processing
      • Chapter 8: Operational Issues: Payments
      • Chapter 9: Inaccurate Payments and Payment Auditing
      • Chapter 10: Expense Reimbursement (Travel & Entertainment)
      • Chapter 11: Check and P-card Payment Fraud: Detection and Prevention
      • Chapter 12: Electronic Payment Fraud Detection and Prevention
      • Chapter 13: Fraud: Other Types Affecting the Account Payable Function
      • Chapter 14: The Accounts Payable Policy and Procedures Manual
      • Chapter 15: Regulatory Issues Affecting the AP Function: A Lot More than Just 1099s
      • Chapter 16: Using Technology to Run a More Efficient Accounts Payable Function
      • Chapter 17: Internal Controls: The Glue that Holds a Best Practice Function Together
      • Chapter 18: Enhancing Operational Productivity in Accounts Payable: The Ongoing Challenge
      • Chapter 19: Enhancing Payment Productivity: The Electronic Payment Challenge
      • Chapter 20: Enhancing the Bottom Line: Where AP Can Bring in Cash
      • Chapter 21: Vendor Relations: An Often-Overlooked Issue
      • Chapter 22: The Future of the Accounts Payable Function

      Learning Objectives:

      After reading the course material, you will be able to:

      • Understand why setting up the accounts payable function correctly is important
      • Detect potential problems when payments are made outside accounts payable
      • Build an effective naming convention
      • Delineate an effective process for entering data in the master vendor file
      • Establish effective controls around the master vendor file
      • Create an effective process for the receipt of invoices
      • Identify duplicate invoices
      • Construct new procedures for emailed invoices
      • Understand and identify the problems associated with paper checks
      • Reduce the number of paper checks
      • Build programs that will eliminate (or partially eliminate) paper checks
      • Create an effective p-card policy
      • Identify and eliminate common p-card complications
      • Craft an employee responsibility agreement for use of p-cards
      • Craft an electronic payment expansion program
      • Produce procedures for dealing with discrepant invoices
      • Identify duplicate invoices
      • Craft an effective process for dealing with invoices without a PO number or name of the requisitioner
      • Construct strong processes to avoid returning checks to requisitioners and issuing rush checks
      • Eliminate all late fees
      • Execute best practices when hiring a recovery firm
      • Implement a travel policy that conforms to IRS guidelines
      • Assemble a spot-checking policy for expense receipts
      • Set reasonable reimbursement practices
      • Use positive pay correctly
      • Implement policies that deter p-card fraud
      • Pinpoint misconceptions that deter proper fraud protection
      • Employ best practices to prevent ACH and wire fraud
      • Create a policy to deal with the BYOD issue
      • Create an effective policy and procedures manual
      • Establish a policy for updating the accounts payable policy and procedures manual on a regular basis
      • Develop effective procedures for handling information reporting requirements related to accounts payable (1099)
      • Establish procedures for checking for bribery violations
      • Integrate low-cost technology to create a more efficient accounts payable process
      • Incorporate appropriate segregation of duties into your accounts payable


      Who Should Attend:
      • All Certified Public Accountants (CPAs)
      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
      NASBA


      $159.00 each Add to cart

      GAAP Tax Basis Q and A

      • Credits: 16
      • Format: Interactive Self-Study eBook
      • Field of Study: Accounting
      • Author: Steven Fustolo
      Available Formats:
      Advanced Preparation:None
      Experience Level:Overview
      Program Prerequisites:General understanding of U.S. GAAP
      Course ID:SF-303.23U
      Published Date:April 2023
      COURSE DESCRIPTION

      In 2009, the FASB completed its Accounting Standards Codification™ (Codification) which was published in FASB No. 168, The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles (FASB ASC
      105). The Codification was effective for interim and annual periods ending after September 15, 2009. With the Codification, the FASB had as its goal to consolidate U. S. GAAP into one system that can be more easily researched by topic, rather than by reference number. The Codification changes the citations for GAAP from the typical FASB or APB statement number to an Accounting Standards Codification (FASB ASC) reference. For example, FASB No. 159, The Fair Value Option for Financial Assets and Financial Liabilities, has been codified into FASB ASC Topic 825, Financial Instruments. In this course, the author has, in some instances, including the original U.S. GAAP reference (e.g., FASB No. 115) parenthetically along with the FASB ASC topic number under the Codification (e.g., FASB ASC 320). For abbreviation
      purposes, the author uses the terms ASC, FASB ASC, and FASB ASC Topic, interchangeably.

      Learning Objectives:

      This course is divided into two sections. The purpose of Section I is to review unusual reporting and disclosure issues that develop in practice including questions such as how to disclose life insurance, leases, catastrophes, agreements
      not to compete, and investments. Section II deals with how to disclose and present tax-basis financial statements. Most of the course is presented in a Q&A format.

      After reading the Section 1 course material, you will be able to:

      • Recall the accounting treatment for non-monetary exchanges
      • Recognize the formula for measuring impairment of real estate
      • Identify the accounting for different types of investments such as securities, investments using the equity method, and partnerships
      • Recognize some of the disclosures required for trade receivables
      • Recognize how FIFO inventory is valued under the new inventory rules
      • Recall certain inventoriable costs
      • Recall the GAAP rules to account for an intangible asset with a finite useful life
      • Identify the accounting for environmental contamination costs
      • Identify examples of costs associated with exit activities
      • Recognize how an entity should account for revenue when treated as an agent
      • Identify options to avoid having to maintain two depreciation schedules
      • Recognize how to account for certain transactions on the statement of cash flows
      • Identify examples of group concentrations
      • Recognize some of the results from the net operating loss rules in tax reform
      • Identify the basic accounting for fresh start reporting
      • Identify how web development costs are accounted for during certain stages of development
      • Recognize when an entity may elect the fair value option and identify some of the eligible items for which the option is available
      • Recognize the basic rule for the liquidation basis of accounting
      • Understand How to account for the Pass-Through Entity (PTE) tax in financial statements
      After reading the Section 2 course material, you will be able to:

      • Recognize some of the M-1 differences that do not apply to tax-basis financial statements
      • Recognize how to account for an accounting change in tax-basis financial statements
      • Recall how to account for and present nontaxable and nondeductible items in tax -basis financial statements
      • Identify the disclosure requirements for tax-basis financial statements
      • Recognize the appropriate and inappropriate financial statement titles for tax-basis financial statements

      Who Should Attend:
      • All Certified Public Accountants (CPAs)
      • Other Tax Return Preparer (OTRP)

      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
      NASBA


      $9.00 each Add to cart

      Getting Paid Faster

      • Credits:  1
      • Format: Interactive Self Study eBook-
      • Field of Study: Accounting-
      • Author/Speaker: Mary Schaeffer
      Available Formats:
      Advanced Preparation:None
      Experience Level:Basic
      Program Prerequisites:Basic Understanding of Accountancy
      Course ID:MS-112.23
      Published Date:Registered for 2023
      COURSE DESCRIPTION

      Most companies have at least a few customers who dont pay them on time. Unfortunately, for some, the problem is worse. They have many customers who dont pay them as quickly as they'd like. While it is definitely true that some of these organizations purposely drag their feet when it comes to the timing of payments, that is not always the case. In fact, many times the delay is due to something the supplier did (or didnt do) during the billing process. These are simple practices that could be easily rectified. This course contains the standard best practices every organization should use when trying to get paid on time as well as a look at the common mistakes that end in delaying payments. The information on these inopportune slip-ups comes from interviews with accounts payable professionals who shared their frustrations over these easily fixable oversights.

        Learning Objectives:

        After reading the course material, you will be able to:

        • Identify common mistakes in your billing process that delay payments
        • Create a clean billing process that produces error-free invoices
        • Build an effective strategy ensuring you have all needed information on your invoices
        • Pinpoint practices that unintentionally cause delays in payment
        • Develop an effective strategy for creating a better relationship with the personnel at your customers who are responsible for making payments


        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $19.00 each Add to cart

        Government Auditing Standards and Foundations

        • Credits: 2
        • Format: Interactive Self-Study eBook
        • Field of Study: Auditing
        • Author: Andrew Clark
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Auditing Process
        Course ID:AC-953.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity.
        The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits.

        Topics include:
        • The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.
        • This course will describe when the Yellow Book standards must be applied.
        • This course will identify the types of auditors and audit organizations that may employ GAGAS to conduct their work.
        • This course will identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations.
        Learning Objectives:

        After reading the course material, you will be able to:

        • Recognize when the Yellow Book standards must be applied.
        • Identify the new organization and format of the 2018 Yellow Book.
        • Recognize the five areas that changed in the 2018 Yellow Book from the 2011 Yellow Book.
        • Identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations.

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $49.00 each Add to cart

        Government Auditing Standards and Performing Audits

        • Credits: 5
        • Format: Interactive Self-Study eBook
        • Field of Study: Auditing
        • Author: Andrew Clark
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of the Auditing Process
        Course ID:AC-955.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity. The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.

        Topics include:
        • This course will identify the types of auditors and audit organizations that may employ GAGAS to conduct their work.
        • This course will identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations.
        • This course will identify the requirements for auditor communication.
        • This course will identify the general planning requirements for an audit that must comply with all of the applicable requirements for a review of financial statements conducted in accordance with GAGAS.
        • Finally, this course will describe what must be included and what must be excluded from an audit report.
        Learning Objectives:

        After reading the course material, you will be able to:

        • Identify the types of auditors and audit organizations that may employ GAGAS to conduct their work,
        • Recognize the types of engagements that may be conducted in accordance with GAGAS, and
        • Identify terminology that is commonly used in GAGAS.
        • Identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations.
        • Identify the requirements for auditor communication.
        • Recognize the items that an auditor should include in the report on internal control and compliance.
        • Identify what an auditor must-do if certain information is prohibited from public disclosure or is excluded from a report because of its confidential or sensitive nature.
        • Recognize what an auditor must do when Obtaining and Reporting the Views of Responsible Officials.
        • Identify the general planning requirements for an audit that must comply with all of the applicable requirements for a review of financial statements conducted in accordance with GAGAS.
        • Recognize the five components of internal control.
        • Identify conditions that indicate a heightened risk of fraud.
        • Recognize what must be included and what must be excluded from the audit report.
        • Identify the requirements when reporting on instances of fraud.

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $30.00 each Add to cart

        Government Auditing Standards and Professional Requirements

        • Credits: 3
        • Format: Interactive Self-Study eBook
        • Field of Study: Auditing
        • Author: Andrew Clark
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Auditing Process
        Course ID:AC-959.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity. The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.

        This course will identify the types of auditors and audit organizations that may employ GAGAS to conduct their work. This course will identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations. This course will identify the requirements for auditor communication. This course will identify the general planning requirements for an audit that must comply with all of the applicable requirements for a review of financial statements conducted in accordance with GAGAS. Finally, this course will describe what must be included and what must be excluded from an audit report.

        Topics include:
        • Chapter 1: Foundation and Principles for the Use and Application of Government Auditing Standards
        • Chapter 2: General Requirements for Complying with Government Auditing Standards
        • Chapter 3: Standards for Financial Audits
        • Chapter 4: Fieldwork Standards for Performance Audits
        • Chapter 5: Reporting Standards for Performance Audits

        Learning Objectives:

        After reading the course material, you will be able to:

        • Identify the types of auditors and audit organizations that may employ GAGAS to conduct their work,
        • Identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations.
        • Recognize the items that an auditor should include in the report on internal control and compliance.
        • Identify the general planning requirements for an audit that must comply with all of the applicable requirements for a review of financial statements conducted in accordance with GAGAS.
        • Recognize what must be included and what must be excluded from the audit report.
        • Identify the requirements when reporting on instances of fraud.

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $119.00 each Add to cart

        Governmental Auditing Standards

        • Credits: 12
        • Format: Interactive Self-Study eBook
        • Field of Study: Auditing
        • Author: Andrew Clark
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:Basic understanding of the Auditing Process
        Course ID:AC-957.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity. The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.

        This course will describe when the Yellow Book standards must be applied. This course will identify the types of auditors and audit organizations that may employ GAGAS to conduct their work. This course will identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations. This course will identify the ethical principles that guide the work of auditors who conduct engagements in accordance with GAGAS. This course will identify the individuals that have a role in an audit engagement. This course will Recognize the methods for selecting individuals of integrity who have the capacity to develop the competence and capabilities necessary to perform the audit organizations work competently. This course will identify the requirements for auditor communication. This course will identify the three levels of service as identified by the AICPA. This course will identify the general planning requirements for an audit that must comply with all of the applicable requirements for a review of financial statements conducted in accordance with GAGAS. Finally, this course will describe what must be included and what must be excluded from an audit report.


        Topics include:
        • Chapter 1: Foundation and Principles for the Use and Application of Government Auditing Standard
        • Chapter 2: General Requirements for Complying with Government Auditing Standards
        • Chapter 3: Ethics, Independence, and Professional Judgment
        • Chapter 4: Competence and Continuing Professional Education
        • Chapter 5: Quality Control and Peer Review
        • Chapter 6: Standards for Financial Audits
        • Chapter 7: Standards for Attestation Engagements and Reviews of Financial Statements
        • Chapter 8: Fieldwork Standards for Performance Audits
        • Chapter 9: Reporting Standards for Performance Audits

        Learning Objectives:

        After reading the course material, you will be able to:

        • Identify the types of auditors and audit organizations that may employ GAGAS to conduct their work.
        • Identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations.
        • Recognize that action that must be taken by auditors if they conclude that the independence of the engagement team or the audit organization is impaired.
        • Identify the number of CPE hours that must be completed in a 2-year period in order to maintain their professional competence.
        • Recognized the methods for selecting individuals of integrity who have the capacity to develop the competence and capabilities necessary to perform the audit organizations work competently.
        • Identify what an auditor must-do if certain information is prohibited from public disclosure or is excluded from a report because of its confidential or sensitive nature.
        • Identify the three levels of service as defined by the AICPA.
        • Recognize the five components of internal control.
        • Recognize what must be included and what must be excluded from the audit report.


        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $29.00 each Add to cart

        Identity Theft

        • Credits: 3
        • Format: Interactive Self-Study eBook
        • Field of Study: Specialized Knowledge
        • Author: Robert Minniti
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites: None
        Course ID:EWTFM-T-02170-23-S | 6233-CE-0883 | RM-301.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        This course is designed for individuals who would like to obtain a basic understanding of identity theft. We will discuss various types of identity theft and how criminals gain access to personal information and commit fraud. We will review some of the legal and ethical implications involved. Examples of real-world cases will be provided to help develop an understanding of the risks involved. We will review steps that can be taken to help prevent identity
        theft.

        Topics include:
        • Fake checks/currency
        • Types of frauds
        • Detecting frauds
        • Preventing frauds

        Learning Objectives:

        After reading the course material, you will be able to:

        • Define identity theft.
        • Identify different identity theft fraud schemes.
        • Identify how criminals gather information.
        • Describe how to report identity theft.
        • Describe how to prevent and detect identity theft.


        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        • Enrolled Agents (EAs)
        • Other Tax Return Preparer (OTRP)

        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA
        IRS

        $99.00 each Add to cart

        IFRS in the USA An Implementation Guide

        • Credits: 10
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: Michael Walker
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:Basic Understanding of Accountancy
        Course ID:MW-105.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        International Financial Reporting Standards (IFRS) represent the international alternative to the U.S. Generally Accepted Accounting Principles. Most of the world already communicates with investors and stakeholders about corporate GAAP and IFRS and are working to eliminate as many differences between the two Standards as possible.

        Topics include:
        • This course provides an introductory overview of International Financial Reporting Standards, including detailed discussions of the impact of adopting IFRS on businesses.
        • This course also includes comprehensive reviews of the IASB structure and its standard-setting process, the basic framework that serves as the foundation for IFRS, and the differences that exist between U.S. GAAP and IFRS.

        Learning Objectives:

        After reading the course material, you will be able to:

        • Define IFRS and recognize practices consistent with the due process followed when developing and issuing IFRS.
        • Recognize the basic concepts by which financial statements are prepared under IFRS.
        • Identify the primary differences between IFRS and U.S. GAAP and the efforts by the IASB and the FASB to eliminate these differences.
        • Recognize the costs and benefits associated with adopting IFRS.


        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $49.00 each Add to cart

        IFRS Learning Module 1 Presentation of IFRS Financial Statements

        • Credits: 5
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting | Auditing
        • Author: Michael Walker
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accountancy
        Course ID:MW-107.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (IFRS). IFRS represents the global accounting principles that provide the foundation for most of the worlds financial reporting. These Standards establish the recognition, measurement, presentation, and disclosure requirements for transactions and events reflected in IFRS financial statements.

        The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have made commitments towards the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two Standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore it is clear that IFRS represents the future of financial accounting and reporting in the United States.

        Module 1 of the IFRS Learning Module series provides a deep dive into the principles governing the presentation of financial statements under IFRS. This includes a review of the IASBs Framework, which addresses the concepts underlying the information presented in IFRS financial statements. It also includes detailed discussions of the IAS 1 Presentation of Financial Statements and IAS 7 Statement of Cash Flows. Finally, this course provides an in-depth look at the joint IASB/FASB project that will result in sweeping changes to financial statement presentation in the near future.

        Topics include:
        • Chapter 1: FRAMEWORK FOR THE PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS
        • Chapter 2: INTRODUCTION TO IAS 1
        • Chapter 3: IFRS FINANCIAL STATEMENTS
        • Chapter 4: IASB and FASB JOINT PROJECT
        • Chapter 5: Module Summary

        Learning Objectives:

        After reading the course material, you will be able to:

        • Identify financial reports that are within the scope of the IASB Framework.
        • Recognize practices that are consistent with the underlying assumptions and qualitative characteristics of financial statements prepared in accordance with the IASB Framework.
        • Describe the characteristics of general purpose financial statements required under IFRS.
        • Identify and classify the various elements of IFRS financial statements.
        • Describe the IASB/FASB joint project on financial statement presentation and its impact on financial reporting.


        Who Should Attend:
        • All Certified Public Accountants (CPAs)

        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $19.00 each Add to cart

        IFRS Learning Module 2 Accounting Changes and Error Corrections

        • Credits: 2
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: Michael Walker
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accounting
        Course ID:MW-108.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (IFRS). IFRS represents the global accounting principles that provide the foundation for most of the worlds financial reporting. These Standards establish the recognition, measurement, presentation, and disclosure requirements for transactions and events reflected in IFRS financial statements.

        The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have made commitments towards the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two Standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore it is clear that IFRS represents the future of financial accounting and reporting in the United States.

        Module 2 of the IFRS Learning Module series presents an overview of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors and discusses the IASBs and FASBs efforts towards achieving convergence in these areas of financial reporting.

        Topics include:
        • Chapter 1: INTRODUCTION TO IAS 8
        • Chapter 2: ACCOUNTING POLICIES
        • Chapter 3: ACCOUNTING ESTIMATES
        • Chapter 4: ACCOUNTING ERRORS
        • Chapter 5: IFRS & U.S. GAAP CONVERGENCE

        Learning Objectives:

        After reading the course material, you will be able to:

        • Properly classify accounting changes (i.e. changes in accounting policy, changes in accounting estimates, and error corrections) per the guidelines of IAS 8.
        • Describe the recognition and disclosure requirements for each type of accounting change under IAS 8.
        • Describe the similarities and differences between IFRS and U.S. GAAP in the area of accounting changes.

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        • Other Tax Return Preparer (OTRP)

        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $19.00 each Add to cart

        IFRS Learning Module 3 Events after the Reporting Period

        • Credits: 2
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: Michael Walker
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accountancy
        Course ID:MW-109.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (IFRS). IFRS represents the global accounting principles that provide the foundation financial statements.

        The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have made commitments towards the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two Standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore it is clear that IFRS represents the future of financial accounting and reporting in the United States.

        Module 3 of the IFRS Learning Module series presents an overview of IAS 10 Events after the Reporting Period (a topic commonly referred to as subsequent events under U.S. GAAP) and discusses the IASBs and FASBs efforts towards achieving convergence in this area of financial reporting.

        Topics include:
        • Chapter 1: INTRODUCTION TO IAS 10
        • Chapter 2: RECOGNITION AND MEASUREMENT
        • Chapter 3: GOING CONCERN
        • Chapter 4: DISCLOSURES
        • Chapter 5: IFRS & U.S. GAAP CONVERGENCE

        Learning Objectives:

        After reading the course material, you will be able to:

        • Define events after the reporting period per the guidelines of IAS 10.
        • Describe the recognition and disclosure requirements for events after the reporting period under IAS 10.
        • Describe the similarities and differences between IFRS and U.S. GAAP in the area of events after the reporting period (a.k.a. subsequent events).


        Who Should Attend:
        • All Certified Public Accountants (CPAs)

        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $39.00 each Add to cart

        IFRS Learning Module 4 Inventories

        • Credits: 4
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: Michael Walker
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accounting
        Course ID:MW-110.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (IFRS). IFRS represents the global accounting principles that provide the foundation for most of the worlds financial reporting. These Standards establish the recognition, measurement, presentation, and disclosure requirements for transactions and events reflected in IFRS financial statements.

        The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have made commitments towards the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two Standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore it is clear that IFRS represents the future of financial accounting and reporting in the United States.

        Module 4 of the IFRS Learning Module series presents an overview of IAS 2 Inventories, the accounting standard for classifying and measuring inventories in IFRS financial statements. This module also discusses the IASBs and FASBs efforts towards achieving convergence in this area of financial reporting.

        Topics include:
        • Chapter 1: INTRODUCTION TO IAS 2
        • Chapter 2: INVENTORY CLASSIFICATIONS
        • Chapter 3: INVENTORY SYSTEMS
        • Chapter 4: MEASUREMENT OF INVENTORIES (PART 1)
        • Chapter 5: MEASUREMENT OF INVENTORIES (PART 2)
        • Chapter 6: MEASUREMENT OF INVENTORIES (PART 3)
        • Chapter 7: DISCLOSURES
        • Chapter 8: IFRS & U.S. GAAP CONVERGENCE

        Learning Objectives:

        After reading the course material, you will be able to:

        • Identify major classifications of inventory.
        • Distinguish between perpetual and periodic inventory systems.
        • Describe the items to include as inventory cost.
        • Describe and compare the formulas used to measure inventories in IFRS financial statements.
        • Explain when reporting entities measure inventories at a net realizable value in IFRS financial statements.


        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $29.00 each Add to cart

        IFRS Learning Module 5 Operating Segment Reporting

        • Credits: 3
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: Michael Walker
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accounting
        Course ID:MW-111.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (IFRS). IFRS represents the global accounting principles that provide the foundation for most of the worlds financial reporting. These Standards establish the recognition, measurement, presentation, and disclosure requirements for transactions and events reflected in IFRS financial statements.

        The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore it is clear that IFRS represents the future of financial accounting and reporting in the United States.

        Module 5 of the IFRS Learning Module series presents an overview of IFRS 8 Operating Segments; this overview includes a detailed discussion of the processes for identifying, aggregating, and reporting operating segments in IFRS financial statements. The course also discusses the IASBs and FASBs efforts towards achieving convergence in segment reporting.

        Topics include:
        • Chapter 1: INTRODUCTION TO IFRS 8
        • Chapter 2: IDENTIFYING OPERATING SEGMENTS
        • Chapter 3: IDENTIFYING AND AGGREGATING REPORTABLE SEGMENTS
        • Chapter 4: DISCLOSURES (SEGMENT)
        • Chapter 5: DISCLOSURES (ENTITY-WIDE)
        • Chapter 6: IFRS & U.S. GAAP CONVERGENCE

        Learning Objectives:

        After reading the course material, you will be able to:

        • Explains the process for identifying operating segments under IFRS 8.
        • Identify reportable segments based on the guidelines and quantitative thresholds provided in IFRS 8.
        • Describe the disclosure requirements of IFRS 8.
        • Describe the similarities and differences between IFRS and U.S. GAAP in the area of segment reporting.


        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        • Enrolled Agents (EAs)
        • Other Tax Return Preparer (OTRP)

        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $29.00 each Add to cart

        IFRS Learning Module 6 Earnings per Share

        • Credits: 3
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: Michael Walker
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:Basic Understanding of Accountancy
        Course ID:MW-112.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (IFRS). IFRS represents the global accounting principles that provide the foundation for most of the worlds financial reporting. These Standards establish the recognition, measurement, presentation, and disclosure requirements for transactions and events reflected in IFRS financial statements.

        The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have made commitments towards the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two Standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore it is clear that IFRS represents the future of financial accounting and reporting in the United States.

        Module 6 of the IFRS Learning Module series presents an overview of IAS 33 Earnings per Share; this overview includes a detailed discussion of the processes for calculating and reporting earnings per share measurements in IFRS financial statements. The course also discusses the IASBs and FASBs efforts towards achieving convergence in EPS reporting.

        Topics include:
        • Chapter 1: INTRODUCTION TO IAS 33
        • Chapter 2: CAPITAL STRUCTURES
        • Chapter 3: BASIC EARNINGS PER SHARE
        • Chapter 4: DILUTED EARNINGS PER SHARE
        • Chapter 5: PRESENTATION AND DISCLOSURE
        • Chapter 6: IFRS & U.S. GAAP CONVERGENCE

        Learning Objectives:

        After reading the course material, you will be able to:

        • Calculate basic and diluted earnings per share.
        • Describe the presentation and disclosure requirements of IAS 33.
        • Describe the similarities and differences between IFRS and U.S. GAAP in the area of earnings per share.

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA
        $59.00 each Add to cart

        IFRS Learning Module 7 Property Plant and Equipment

        • Credits: 6
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: Michael Walker
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accountancy
        Course ID:MW-113.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (IFRS). IFRS represents the global accounting principles that provide the foundation for most of the worlds financial reporting. These Standards establish the recognition, measurement, presentation, and disclosure requirements for transactions and events reflected in IFRS financial statements.

        The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have made commitments towards the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two Standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore it is clear that IFRS represents the future of financial accounting and reporting in the United States.

        Module 7 of the IFRS Learning Module series presents an overview of IAS 16 Property, Plant, and Equipment, the accounting standard for classifying and measuring property, plant, and equipment (also known as fixed assets) in IFRS financial statements. The course also discusses the IASBs and FASBs efforts towards achieving convergence in fixed assets reporting.

        Topics include:
        • Chapter 1: INTRODUCTION TO IAS 16
        • Chapter 2: ACQUISITION OF PROPERTY, PLANT, AND EQUIPMENT
        • Chapter 3: COSTS AFTER ACQUISITION
        • Chapter 4: DEPRECIATION FACTORS
        • Chapter 5: DEPRECIATION METHODS
        • Chapter 6: IMPAIRMENTS
        • Chapter 7: REVALUATIONS
        • Chapter 8: DISPOSAL OF PROPERTY, PLANT, AND EQUIPMENT
        • Chapter 9: DISCLOSURES
        • Chapter 10: IFRS & U.S. GAAP CONVERGENCE

        Learning Objectives:

        After reading the course material, you will be able to:

        • Explain the proper accounting treatment for acquisitions of property, plant, and equipment (and other associated costs) under IFRS.
        • Calculate depreciation using the methods permitted under IAS 16.
        • Describe the process for determining whether or not a long-lived asset is impaired under IAS 36.
        • Distinguish between the cost and revaluation accounting models (as described in IAS16).
        • Describe the similarities and differences between IFRS and U.S. GAAP in the area of property, plant, and equipment.


        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $19.00 each Add to cart

        Interest (Mini)

        • Credits: 2
        • Format: Interactive Self-Study eBook
        • Field of Study: Federal Tax Law
        • Author: Danny Santucci
        Available Formats:
        Advanced Preparation:None
        Experience Level:Overview
        Program Prerequisites:

        General understanding of federal income taxation.

        Course ID:EWTFM-T-02081-23-S | 6233-CE-0795 | DS-420.23U
        Published Date:Author Updated: 2/2023 | Registered for 2023
        COURSE DESCRIPTION

        This course focuses on tax issues affecting the treatment of interest and debt. It covers the definition of bona fide debt, the impact of related parties, the avoidance of equity and lease characterization, and deductible versus non-deductible
        interest factors. Sticky cross issues such as the impact of at-risk rules under 465, passive loss restrictions of 469, and below-market-rate loans under 7278 are examined. In addition, the accounting method treatment of interest,
        points, prepaid interest, and discounted loans are reviewed. Particular attention is given to imputed interest and original issue discounts.

        Learning Objectives:

        After reading the course material, you will be able to:

        • Determine interest and select how much is tax-deductible under 163 by:
          • a. Identifying what constitutes bona fide debt considering economic substance and purpose and the differences that such debt has from installment sales, long-term and leveraged leases, and annuities;
          • b. Specifying how transactions with family members and controlled corporations can recharacterize alleged indebtedness into gift or business equity naming the factors used in this recharacterization and;
          • c. Recognizing incentives to use corporate debt instead of equity and the special treatment of failed equity investment under 1244.
        • Identify deductible interest and special calculation concepts and procedures by:
          • a. Recognizing the allocation of interest based on the debts business or personal purpose specifying the application of any carryover rules;
          • b. Determining net investment income including its impact on the deductibility of investment interest;
          • c. Recognizing the special tax treatment given to student loans, margin accounts, and market discount bonds stating what happens to any disallowed interest expense; and
          • d. Specifying the timing considerations in interest reporting including interest paid in advance.
        • Recognize nondeductible interest types and provisions that through restriction create nondeductible interest by:
          • a. Identifying when interest is nondeductible personal interest under 163(h)(1);
          • b. Determining the disallowance of interest related to tax-exempt income under 265, the life insurance interest restrictions of 264; the 465 at-risk limitations and application of the 469 passive loss rules; and
          • c. Specifying the treatment of certain commitment fees and service charges based on R.R. 67-297 and case law.
        • Identify interest under the cash or accrual method recognizing the special elections applicable to and treatment of carrying charges under 266, below-market loans, and imputed interest.

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        • Enrolled Agents (EAs)
        • Other Tax Return Preparer (OTRP)

        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA
        IRS
        CTEC
        $9.00 each Add to cart

        Internal Control Breakdowns In Accounts Payable and How to Deal with Them

        • Credits:  1
        • Format: Interactive Self Study eBook-
        • Field of Study: Accounting-
        • Author/Speaker: Mary Schaeffer
        Available Formats:
        Advanced Preparation:None
        Experience Level:Overview
        Program Prerequisites:General Understanding of Accountancy
        Course ID:MS-106.23
        Published Date:Registered for 2023

        COURSE DESCRIPTION

        Strong internal controls are a good part of the fraud prevention framework any organization creates to thwart crooks. However, these controls fall in many places, and often they are in places where you least expect them. This is especially important when it comes to the accounts payable function. For control breakdowns in this area allow crooks easy access to the organizations financial assets. This course takes a look at control breakdowns that are sometimes unintentionally ignored to the peril of the organization not addressing them. The issues evaluated in this course are critical to those who want to run an efficient, fraud-resistant accounts payable function.

        Who Should Attend:
        • All Certified Public Accountants (CPAs)

        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA
        $29.00 each Add to cart

        Internal Controls for Fraud in Small Businesses

        • Credits: 3
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting | Auditing
        • Author: Robert Minniti
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accountancy
        Course ID:RM-305.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        This course is designed to familiarize participants with internal controls that can help to prevent and detect fraud in their organizations. All organizations whether for-profit businesses, not-for-profits or government entities are susceptible to fraud. Fraud can incur internally and be perpetrated by employees, managers, or owners, or fraud can be perpetrated externally by customers, vendors, former employees, and individuals or criminal organizations that have no relationship to the victim organization. This course is designed to consider internal controls for fraud in small businesses but could also be useful for other small entities.

        Learning Objectives:

        After reading the course material, you will be able to:

        • Identify risks of fraud in small businesses
        • Identify internal controls to help prevent fraud
        • Identify internal controls to help detect fraud
        • Design internal controls for a small business

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        • Enrolled Agents (EAs)
        • Other Tax Return Preparer (OTRP)

        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA
        $89.00 each Add to cart

        Internal Controls in Accounts Payable

        • Credits:  9
        • Format: Interactive Self Study eBook-
        • Field of Study: Accounting | Auditing
        • Author/Speaker: Mary Schaeffer
        Available Formats: 
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accountancy
        Course ID:MS-200.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        Strong internal controls are a good part of the fraud prevention framework any organization creates to thwart crooks. However, there are many places these controls fall down and often they are in places where you least expect them. This is especially important when it comes to the accounts payable function. For control breakdowns in this area allow crooks easy access to the organizations financial assets.

        This course takes a look at control breakdowns that are sometimes unintentionally ignored to the peril of the organization not addressing them. The issues evaluated in this course are critical to those who want to run an efficient, fraud-resistant accounts payable function.

        Topics include:
        • Chapter 1: Why Internal Controls Matter
        • Chapter 2: The Basics of Internal Controls: Theory
        • Chapter 3: The Basics of Internal Controls: In Practice
        • Chapter 4: Fraud Prevention Controls and Practices
        • Chapter 5: Internal Controls and Duplicate Payments
        • Chapter 6: Where Internal Controls Break Down
        • Chapter 7: Purchase Orders and Their Role in Internal Controls
        • Chapter 8: Invoice Processing: The Core of the Accounts Payable Function
        • Chapter 9: Invoice Related Control Issues
        • Chapter 10: When Paying by Check: The Internal Control Migraine
        • Chapter 11: Check Related Issues
        • Chapter 12: Corporate Procurement Cards: An Alternative to Paper Checks
        • Chapter 13: Electronic Payment Alternatives: A Better Payment Approach
        • Chapter 14: The Master Vendor File: Where It All Begins
        • Chapter 15: The Travel and Entertainment Component: Expense Reimbursements
        • Chapter 16: Computers, Tablets, and Smartphones: The Often-Overlooked Control Component
        • Chapter 17: Controls to Prevent Bribing Foreign Government Officials
        • Chapter 18: Other Issues That Present Control Concerns
        • Chapter 19: The Policy and Procedures Manual: Tying It All Together

        Learning Objectives:

        After reading the course material, you will be able to:

        • Detect problems likely to occur as a result of weak controls
        • Identify the regulatory consequences of poor or ineffective controls
        • Identify really bad accounts payable practices that weaken controls
        • Pinpoint problems likely to occur if strong controls are not used in accounts payable
        • Delineate problems created when segregation of duties are not set up correctly
        • Identify real-life issues that arise due to poor internal controls
        • Demonstrate the interaction between fraud and poor internal controls
        • Reveal internal control practices every organization should use to deter fraud
        • Identify and eliminate weak control practices that dont curtail duplicate payments
        • Show how poor controls make duplicate payments more likely to occur
        • Pinpoint places where internal controls most commonly breakdown in the accounts payable function
        • Reveal reasons controls sometimes fail to Demonstrate how an accounts payable policy and procedures manual strengthens controls
        • Pinpoint places where purchase orders cause control problems
        • Identify common purchase order problems and show how they can be fixed
        • Identify common invoice problems
        • Demonstrate how best invoice control practices improve the processing function
        • Recognize invoice automation control issues as they arise
        • Be aware of how control issues can fall apart in the accounts payable function in the month-end and year-end close
        • Implement the proper controls around the check production process
        • Demonstrate why signature stamps represent poor control and can cause your organization big problems
        • Identify poor controls related to check request forms
        • Demonstrate why bank reconciliations have to be done on a very timely basis
        • Identify controls that should be incorporated into every corporate procurement program
        • Reveal best fraud control strategies for your corporate procurement card program
        • Reveal best control practices related to electronic payments
        • Demonstrate why daily bank reconciliations are so important even if electronic payments are not being made
        • Reveal how controls around the master vendor file prevent fraud
        • Show how inappropriate segregation of duties around the master vendor file hurt the bottom line
        • Show how uniform enforcement of the travel policy minimizes game playing on the part of employees
        • Demonstrate how to control expense reimbursement fraud
        • Demonstrate the importance of having a policy regarding employees using personal devices for work
        • Integrate appropriate internal controls into the use by employees of personal devices
        • Integrate checking for bribery into the accounts payable function
        • Show how employees tend to disguise bribes to foreign government officials
        • Identify control problems created when employees share passwords
        • Identify issues created by Super Users of ERP systems
        • Shows how a good policy and procedures manual can strengthen internal controls
        • Demonstrate why updating the policy and procedures manual regularly strengthens internal controls

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $9.00 each Add to cart

        Introduction to Forensics Accounting

        • Credits: 1
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: Robert Minniti
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accountancy
        Course ID:RM-302.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        This course is designed for individuals who would like to obtain a basic introduction to forensic accounting. We will review the history of the forensic accounting profession in the United States. Participants will be exposed to various professional associations and certifications in the forensic accounting field. We will discuss the career opportunities in the forensic accounting field and the skills and knowledge necessary to be a successful forensic accountant.

        In the accounting industry, one of the topics its often broached is the area of forensic accounting. Many accountants are interested in learning more about forensic accounting or are interested in getting into the forensic accounting profession. This basic level CPE course is designed to help answer some of the basic questions about forensic accounting and working in the forensic accounting field.

        Learning Objectives:

        After reading the course material, you will be able to:

        • Define forensic accounting.
        • Identify professional associations and designations in the forensic accounting field.
        • Identify various types of forensic accounting engagements, certifications, and designations.

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $39.00 each Add to cart

        Investment Evaluation and Accounting Treatment

        • Credits: 4
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: CPE Academy
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic 
        Program Prerequisites:NONE
        Course ID:CA-104.23
        Published Date:Author Updated: 2/2023 | Created: 2/2023
        COURSE DESCRIPTION

        This course can benefit accountants, as well as business managers, that want to understand how financial ratios and other forms of analyses can be used to evaluate a business.  This course also covers the investment classifications
        and investment accounting used by companies to record investments within their financial statements. 

        Topics include:
        • Accounting for Equity Securities Investments
        • Accounting for Debt Securities Investments
        • Financial Statement Analysis 

        Learning Objectives:

        After reading the course material, you will be able to:

        • Financial Statement Analysis 
        1. Describe the various company evaluation techniques including vertical, horizontal, and ratio analysis that can be used. 
        2. Demonstrate an understanding of various company ratios for liquidity and efficiency, solvency, profitability, and market prospects. 
        3. Compute various company ratios for liquidity and efficiency, solvency, profitability, and market prospects. 
        4. Compute the DuPont Analysis given the appropriate company information. 
        • Accounting for Debt Security Investments
        1. Demonstrate an understanding of basic bond valuation including recording a bond acquisition and interest revenue. 
        2. Describe the various accounting classifications including held-to-maturity, trading, and available-for-sale for debt securities. 
        3. Demonstrate an understanding of sales and impairments of debt investments.
        4. Demonstrate an understanding of the financial statements presentations, international reporting standards, and the fair value option of debt investments.
        • Accounting for Equity Security Investments
        1. Discuss what is meant by significant influence and how it affects the accounting classification of equity investments. 
        2. Explain the recording of the purchase of equity investments. 
        3. Demonstrate an understanding of how dividends, changes in fair value, impairment, and the sale of an equity investment are recorded under the fair value through the net income approach. 
        4. Explain the financial statement presentation under the fair value through the net income approach. 
        5. Demonstrate an understanding of the recording of investment revenue, receipt of dividends, and additional adjustments under the equity method approach. 
        6. Explain the financial statement presentation under the equity method approach. 
        7. Discuss the fair value option under the equity method approach.  
        8.  Demonstrate an understanding of the recording of investment revenue, receipt of dividends, and recording of additional adjustments under the equity method approach. 
        9. Demonstrate an understanding of the consolidation method including the concept of noncontrolling interest and the consolidated financial statements. 

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        • Other Tax Return Preparer (OTRP)

        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $110.00 each Add to cart

        It's All About your Bottom Line

        • Credits:  11
        • Format: Interactive Self Study eBook-
        • Field of Study: Accounting | Auditing
        • Author/Speaker: Mary Schaeffer
        Available Formats: 
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Accountancy
        Course ID:MS-108.23
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        The book begins with a look at changing best practices and identifies those which must change in order for the accounts payable function to remain effective and thus allow the parent organization to remain competitive. It also explains why best practices are so important and why keeping current on the latest practices is critical for all.

        This course takes a deep dive into the developing issues impacting the AP function of every company. The issues evaluated in this course are critical to those who want to run a cost-effective, efficient, fraud-resistant AP function.

        Topics include:
        • Chapter 1 Changing Best Practices: No Longer a Static Set of Rules
        • Chapter 2 The Evolution in the Invoice Environment
        • Chapter 3 The Business Community Takes a Giant Step away from Paper Checks: Electronic Payments
        • Chapter 4 Electronic Payments: Expansion and Innovation
        • Chapter 5: Expense Reimbursement Receipts: The Bombshell Issue Many Don’t Expect
        • Chapter 6: Emerging Payment Frauds, both Large and Small
        • Chapter 7: Vendor Portals in Accounts Payable
        • Chapter 8: Advances in Technologies Provide New Data Insights
        • Chapter 9: Unique Challenges Created by Personal Devices (Smartphones and Tablets)
        • Chapter 10: Often-Overlooked Internal Control Breakdowns
        • Chapter 11: The New Vocabulary in Use in Accounts Payable (and Elsewhere in the Business Community)
        • Chapter 12: The Accounts Payable Function of Tomorrow
        • Chapter 13: The Future of the Professionals Working in and Managing the Accounts Payable Function

        Learning Objectives:

        After reading the course material, you will be able to:

        • Pinpoint problems that arise when best practices are ignored in AP.
        • Implement a best practice AP policy.
        • Create procedures that address new issues impacting AP function.
        • Pinpoint the skill sets and personnel likely to be successful in AP in the future.
        • Implement a customer service approach in the AP department.
        • Identify the needed skills you or your staff might be missing.

        Who Should Attend:
        • All Certified Public Accountants (CPAs)
        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
        NASBA


        $39.00 each Add to cart

        Key Process Controls - Accounts Payable

        • Credits: 4
        • Format: Interactive Self-Study eBook
        • Field of Study: Accounting
        • Author: CPE Academy
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic 
        Program Prerequisites:NONE
        Course ID:CA-113.23
        Published Date:Author Updated: 2/2023 | Created: 2/2023
        COURSE DESCRIPTION

        This course can benefit accountants, as well as business managers, that want to understand how financial ratios and other forms of analyses can be used to evaluate a business.  This course also covers the investment classifications
        and investment accounting used by companies to record investments within their financial statements. 

        Topics include:
        • Defining Internal Controls and The Internal Control Environment
        • Accounts Payable Process

        Learning Objectives:

        After reading the course material, you will be able to:

        • Recognize the definition of internal control along with internal control concepts including the continuum of internal controls for businesses, approaches for adding internal controls, and balancing costs of evolving internal controls systems.
        • Properly identify risk categories including internal and external risk in addition to inherent and residual risk.  
        • Recognize the typical fraud risk factors as well as the components of the Fraud Triangle and Fraud Diamond.
        • Recognize the principles to keep in mind when constructing internal controls as well as the limitations or conceptual failings of internal controls. 
        • Properly identify internal control categories including preventative or detective controls and manual or automated controls. 
        • Recognize the primary steps required to construct a system of internal controls as well as COSO’s Internal Control–Integrated Framework and the Sarbanes Oxley Act.  
        • Properly identify the three primary accounts payable activities.
        • Properly identify the key documents in the accounts payable process.
        • Recognize the process-specific controls related to the accounts payable process.
        • Properly identify additional accounts payable process considerations and periodic monitoring analysis and other procedures for the accounts payable process. 

          Who Should Attend:
          • All Certified Public Accountants (CPAs)
          • Other Tax Return Preparer (OTRP)

          Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
          NASBA


          $29.00 each Add to cart

          Key Process Controls - Billing

          • Credits: 3
          • Format: Interactive Self-Study eBook
          • Field of Study: Accounting
          • Author: CPE Academy
          Available Formats:
          Advanced Preparation:None
          Experience Level:Basic 
          Program Prerequisites:NONE
          Course ID:CA-108.23
          Published Date:Author Updated: 2/2023 | Created: 2/2023
          COURSE DESCRIPTION

          Companies must accurately bill customers in order to stay in business. A clear understanding of the key controls in a process can benefit internal auditors, business managers, and others who want to understand, improve, or audit the
          process.  The course allows participants to become familiar with or brush up on, internal control definitions and concepts.  The course also covers the billing process in detail.  

          Topics include:
          • Defining Internal Controls and The Internal Control Environment
          • Billing Process

          Learning Objectives:

          After reading the course material, you will be able to:

          • Recognize the definition of internal control along with internal control concepts including the continuum of internal controls for businesses, approaches for adding internal controls, and balancing costs of evolving internal controls systems.
          • Properly identify risk categories including internal and external risk in addition to inherent and residual risk.  
          • Recognize the typical fraud risk factors as well as the components of the Fraud Triangle and Fraud Diamond.
          • Recognize the principles to keep in mind when constructing internal controls as well as the limitations or conceptual failings of internal controls. 
          • Properly identify internal control categories including preventative or detective controls and manual or automated controls. 
          • Recognize the primary steps required to construct a system of internal controls as well as COSO’s Internal Control–Integrated Framework and the Sarbanes Oxley Act.  
          • Properly identify the five primary billing activities.
          • Properly identify key documents in the billing process.
          • Recognize the process-specific controls related to the billing process.
          • Properly identify additional billing process considerations and periodic monitoring analysis and other procedures for the billing process. 

            Who Should Attend:
            • All Certified Public Accountants (CPAs)
            • Other Tax Return Preparer (OTRP)

            Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
            NASBA


            $29.00 each Add to cart

            Key Process Controls - Cash Receipts

            • Credits: 3
            • Format: Interactive Self-Study eBook
            • Field of Study: Accounting
            • Author: CPE Academy
            Available Formats:
            Advanced Preparation:None
            Experience Level:Basic 
            Program Prerequisites:NONE
            Course ID:CA-110.23
            Published Date:Author Updated: 2/2023 | Created: 2/2023
            COURSE DESCRIPTION

            All businesses need cash to survive.  Proper controls in the receipt of cash are extremely important as this is the primary way that most companies generate cash.  A clear understanding of the key controls in a process can benefit internal auditors, business managers, and others who want to understand, improve, or audit the process.  The course allows participants to become familiar with, or brush up on, internal control definitions and concepts.  The course covers the cash receipts process in detail.  Learning objectives for this course are listed below. 

            Topics include:
            • Defining Internal Controls and The Internal Control Environment
            • Cash Receipts Process

            Learning Objectives:

            After reading the course material, you will be able to:

            • Recognize the definition of internal control along with internal control concepts including the continuum of internal controls for businesses, approaches for adding internal controls, and balancing costs of evolving internal controls systems.
            • Properly identify risk categories including internal and external risk in addition to inherent and residual risk.  
            • Recognize the typical fraud risk factors as well as the components of the Fraud Triangle and Fraud Diamond.
            • Recognize the principles to keep in mind when constructing internal controls and the limitations or conceptual failings of internal controls. 
            • Identify internal control categories including preventative or detective controls and manual or automated controls. 
            • Recognize the primary steps required to construct a system of internal controls as well as COSO’s Internal Control–Integrated Framework and the Sarbanes Oxley Act.  
            • Properly identify the three primary cash receipts activities.
            • Recognize the cash receipt-specific process controls within the cash receipts process. 
            • Correctly identify additional cash receipts process considerations and periodic monitoring analysis and other procedures for the cash receipt process.

              Who Should Attend:
              • All Certified Public Accountants (CPAs)
              • Other Tax Return Preparer (OTRP)

              Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
              NASBA


              $19.00 each Add to cart

              Key Process Controls - Collection For Outstanding Accounts

              • Credits: 2
              • Format: Interactive Self-Study eBook
              • Field of Study: Accounting
              • Author: CPE Academy
              Available Formats:
              Advanced Preparation:None
              Experience Level:Basic 
              Program Prerequisites:NONE
              Course ID:CA-109.23
              Published Date:Author Updated: 2/2023 | Created: 2/2023
              COURSE DESCRIPTION

              Companies must collect outstanding accounts from customers as part of their business activities. A clear understanding of the key controls in a process can benefit internal auditors, business managers, and others who want to understand, improve, or audit the process.  The course allows participants to become familiar with or brush up on, internal control definitions and concepts.  The course also covers the collection process for outstanding accounts in detail.

              Topics include:
              • Defining Internal Controls and The Internal Control Environment
              • Collection For Outstanding Accounts Process 

              Learning Objectives:

              After reading the course material, you will be able to:

              • Recognize the definition of internal control along with internal control concepts including the continuum of internal controls for businesses, approaches for adding internal controls, and balancing costs of evolving internal controls systems.
              • Properly identify risk categories including internal and external risk in addition to inherent and residual risk.  
              • Recognize the typical fraud risk factors as well as the components of the Fraud Triangle and Fraud Diamond.
              • Recognize the principles to keep in mind when constructing internal controls as well as the limitations or conceptual failings of internal controls. 
              • Properly identify internal control categories including preventative or detective controls and manual or automated controls. 
              • Recognize the primary steps required to construct a system of internal controls as well as COSO’s Internal Control–Integrated Framework and the Sarbanes Oxley Act.  
              • Correctly identify the three primary collections for outstanding accounts activities.
              • Recognize the process-specific controls related to the collection of outstanding accounts process.
              • Correctly identify additional collection for outstanding accounts process considerations and periodic monitoring analysis and other procedures for the collection of outstanding accounts process. 

                Who Should Attend:
                • All Certified Public Accountants (CPAs)
                • Other Tax Return Preparer (OTRP)

                Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                NASBA


                $29.00 each Add to cart

                Key Process Controls - Credit

                • Credits: 3
                • Format: Interactive Self-Study eBook
                • Field of Study: Accounting
                • Author: CPE Academy
                Available Formats:
                Advanced Preparation:None
                Experience Level:Basic 
                Program Prerequisites:NONE
                Course ID:CA-106.23
                Published Date:Author Updated: 2/2023 | Created: 2/2023
                COURSE DESCRIPTION

                Properly evaluating, setting, and monitoring customer credit limits can be important to companies for issuing credit and ultimately, collecting cash receipts. A clear understanding of the key controls in a process can benefit internal auditors, business managers, and others who want to understand, improve, or audit the process.  This course allows participants to become familiar with, or brush up on, internal control definitions and concepts.  The course also covers the credit process in detail.  Participants will learn the key credit process steps under both a manual and a computerized system.  While relatively few companies may still have a purely manual system covering a manual system will help an accountant, auditor, or business manager to better understand what the key documents received, created, and sent from the process are.  Learning objectives for this course are listed below. 

                Topics include:
                • Defining Internal Controls and The Internal Control Environment
                • Credit Process

                Learning Objectives:

                After reading the course material, you will be able to:

                • Recognize the definition of internal control along with internal control concepts including the continuum of internal controls for businesses, approaches for adding internal controls, and balancing costs of evolving internal controls systems.
                • Properly identify risk categories including internal and external risk in addition to inherent and residual risk.  
                • Recognize the typical fraud risk factors as well as the components of the Fraud Triangle and Fraud Diamond.
                • Recognize the principles to keep in mind when constructing internal controls as well as the limitations or conceptual failings of internal controls. 
                • Properly identify internal control categories including preventative or detective controls and manual or automated controls. 
                • Recognize the primary steps required to construct a system of internal controls as well as COSO’s Internal Control–Integrated Framework and the Sarbanes Oxley Act.  
                • Properly identify the three primary credit activities. 
                • Properly identify key documents in the credit process.
                • Recognize the process-specific controls related to the credit process. 
                • Properly identify additional credit process considerations, periodic monitoring analysis and other procedures, and specific credit policy considerations.  

                  Who Should Attend:
                  • All Certified Public Accountants (CPAs)
                  • Other Tax Return Preparer (OTRP)

                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                  NASBA


                  $29.00 each Add to cart

                  Key Process Controls - Order Entry

                  • Credits: 3
                  • Format: Interactive Self-Study eBook
                  • Field of Study: Accounting
                  • Author: CPE Academy
                  Available Formats:
                  Advanced Preparation:None
                  Experience Level:Basic 
                  Program Prerequisites:NONE
                  Course ID:CA-106.23
                  Published Date:Author Updated: 2/2023 | Created: 2/2023
                  COURSE DESCRIPTION

                  This course can benefit anyone that wants to better understand the role that internal controls can play in creating a reliable and consistent accounting system for today’s competitive and complex business environment.  A clear
                  understanding of the key controls in a process can benefit internal auditors, business managers, and others who want to understand, improve, or audit the process.  The course allows participants to become familiar with, or
                  brush up on, internal control definitions and concepts it also covers in detail the order entry process.  Participants will learn the key order entry process activities under both a manual and a computerized system. 
                  While relatively few companies may still have a purely manual system covering the manual process will help an accountant, auditor, or business manager to better understand what the key documents received, created, and sent from
                  the process are.  

                  Topics include:
                  • Defining Internal Controls and The Internal Control Environment
                  • Order Entry Process

                  Learning Objectives:

                  After reading the course material, you will be able to:

                  • Recognize the definition of internal control along with internal control concepts including the continuum of internal controls for businesses, approaches for adding internal controls, and balancing costs of evolving internal controls systems.
                  • Properly identify risk categories including internal and external risk in addition to inherent and residual risk.  
                  • Recognize the typical fraud risk factors as well as the components of the Fraud Triangle and Fraud Diamond.
                  • Recognize the principles to keep in mind when constructing internal controls as well as the limitations or conceptual failings of internal controls. 
                  • Properly identify internal control categories including preventative or detective controls and manual or automated controls. 
                  • Recognize the primary steps required to construct a system of internal controls as well as COSO’s Internal Control–Integrated Framework and the Sarbanes Oxley Act.  
                  • Properly identify the attributes of job order and process costing. 
                  • Properly identify the three primary order entry activities. 
                  • Properly identify key documents in the order entry process.
                  • Recognize the process-specific controls related to the order entry process. 
                  • Correctly identify additional order entry process considerations and periodic monitoring analysis and other procedures for the order entry process. 

                    Who Should Attend:
                    • All Certified Public Accountants (CPAs)
                    • Other Tax Return Preparer (OTRP)

                    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                    NASBA


                    $29.00 each Add to cart

                    Key Process Controls - Purchasing

                    • Credits: 3
                    • Format: Interactive Self-Study eBook
                    • Field of Study: Accounting
                    • Author: CPE Academy
                    Available Formats:
                    Advanced Preparation:None
                    Experience Level:Basic 
                    Program Prerequisites:NONE
                    Course ID:CA-111.23
                    Published Date:Author Updated: 2/2023 | Created: 2/2023
                    COURSE DESCRIPTION

                    Controls around the procurement of goods including the purchasing, receiving, and accounts payable processes are important for companies that want to procure goods effectively at fair prices. A clear understanding of the key controls in a process can benefit internal auditors, business managers, and others who want to understand, improve, or audit the process.  The course allows participants to become familiar with, or brush up on, internal control definitions and concepts.  Participants will also learn the key purchasing process activities as well as specific controls related to the purchasing process.

                    Topics include:
                    • Defining Internal Controls and The Internal Control Environment
                    • Purchasing Process

                    Learning Objectives:

                    After reading the course material, you will be able to:

                    • Recognize the definition of internal control along with internal control concepts including the continuum of internal controls for businesses, approaches for adding internal controls, and balancing costs of evolving internal controls systems.
                    • Properly identify risk categories including internal and external risk in addition to inherent and residual risk.  
                    • Recognize the typical fraud risk factors as well as the components of the Fraud Triangle and Fraud Diamond.
                    • Recognize the principles to keep in mind when constructing internal controls as well as the limitations or conceptual failings of internal controls. 
                    • Properly identify internal control categories including preventative or detective controls and manual or automated controls. 
                    • Recognize the primary steps required to construct a system of internal controls as well as COSO’s Internal Control–Integrated Framework and the Sarbanes Oxley Act.  
                    • Properly identify the four primary purchase process activities.
                    • Properly identify the key documents in the purchasing process.
                    • Recognize the process-specific controls related to the purchasing process.
                    • Correctly identify additional purchasing process considerations and periodic monitoring analysis and other procedures for the purchasing process. 

                      Who Should Attend:
                      • All Certified Public Accountants (CPAs)
                      • Other Tax Return Preparer (OTRP)

                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                      NASBA


                      $29.00 each Add to cart

                      Key Process Controls - Receiving

                      • Credits: 3
                      • Format: Interactive Self-Study eBook
                      • Field of Study: Accounting
                      • Author: CPE Academy
                      Available Formats:
                      Advanced Preparation:None
                      Experience Level:Basic 
                      Program Prerequisites:NONE
                      Course ID:CA-112.23
                      Published Date:Author Updated: 2/2023 | Created: 2/2023
                      COURSE DESCRIPTION

                      Controls around the procurement of goods including the purchasing, receiving, and accounts payable processes are important for companies that want to procure goods effectively at fair prices. A clear understanding of the key controls in a process can benefit internal auditors, business managers, and others who want to understand, improve, or audit the process.  The course allows participants to become familiar with, or brush up on, internal control definitions and concepts.  Participants will also learn the key receiving process activities as well as specific controls related to the receiving process. 

                      Topics include:
                      • Defining Internal Controls and The Internal Control Environment
                      • Credit Process

                      Learning Objectives:

                      After reading the course material, you will be able to:

                      • Recognize the definition of internal control along with internal control concepts including the continuum of internal controls for businesses, approaches for adding internal controls, and balancing costs of evolving internal controls systems.
                      • Properly identify risk categories including internal and external risk in addition to inherent and residual risk.  
                      • Recognize the typical fraud risk factors as well as the components of the Fraud Triangle and Fraud Diamond.
                      • Recognize the principles to keep in mind when constructing internal controls as well as the limitations or conceptual failings of internal controls. 
                      • Properly identify internal control categories including preventative or detective controls and manual or automated controls. 
                      • Recognize the primary steps required to construct a system of internal controls as well as COSO’s Internal Control–Integrated Framework and the Sarbanes Oxley Act.  
                      • Properly identify the two primary receiving activities.
                      • Properly identify the key documents in the receiving process.
                      • Recognize the process-specific controls related to the receiving process.
                      • Properly identify additional receiving process considerations and periodic monitoring analysis and other procedures for the receiving process. 

                        Who Should Attend:
                        • All Certified Public Accountants (CPAs)
                        • Other Tax Return Preparer (OTRP)

                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                        NASBA


                        $29.00 each Add to cart

                        Key Process Controls - Shipping

                        • Credits: 3
                        • Format: Interactive Self-Study eBook
                        • Field of Study: Accounting
                        • Author: CPE Academy
                        Available Formats:
                        Advanced Preparation:None
                        Experience Level:Basic 
                        Program Prerequisites:NONE
                        Course ID:CA-107.23
                        Published Date:Author Updated: 2/2023 | Created: 2/2023
                        COURSE DESCRIPTION

                        Proper controls around the shipping process are essential for companies in providing accurate and timely orders to customers. A clear understanding of the key controls in a process can benefit internal auditors, business managers, and others who want to understand, improve, or audit the process.  The course allows participants to become familiar with, or brush up on, internal control definitions and concepts.  The course also covers the shipping process in detail.  Participants will learn the key shipping process activities under both a manual and a computerized system.  While relatively few companies may still have a purely manual system, covering the manual process will help an accountant, auditor, or business manager to understand better what the key documents received, created, and sent from the process are. 

                        Topics include:
                        • Defining Internal Controls and The Internal Control Environment
                        • Shipping Process

                        Learning Objectives:

                        After reading the course material, you will be able to:

                        • Recognize the definition of internal control along with internal control concepts including the continuum of internal controls for businesses, approaches for adding internal controls, and balancing costs of evolving internal controls systems.
                        • Correctly identify risk categories including internal and external risk and inherent and residual risk.  
                        • Recognize the typical fraud risk factors as well as the components of the Fraud Triangle and Fraud Diamond.
                        • Recognize the principles to keep in mind when constructing internal controls as well as the limitations or conceptual failings of internal controls. 
                        • Properly identify internal control categories including preventative or detective controls and manual or automated controls. 
                        • Recognize the primary steps required to construct a system of internal controls as well as COSO’s Internal Control–Integrated Framework and the Sarbanes Oxley Act.  
                        • Properly identify the three primary shipping activities.
                        • Properly identify key documents in the shipping process.
                        • Recognize the process-specific controls related to the shipping process.
                        • Properly identify additional shipping process considerations and periodic monitoring analysis and other procedures for the shipping process. 

                          Who Should Attend:
                          • All Certified Public Accountants (CPAs)
                          • Other Tax Return Preparer (OTRP)

                          Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                          NASBA


                          $79.00 each Add to cart

                          Major Changes to Auditing Standards Board Clarity Project SAS Nos. 122-133

                          • Credits: 8
                          • Format: Interactive Self-Study eBook
                          • Field of Study: Auditing
                          • Author: Steven Fustolo
                          Available Formats:
                          Advanced Preparation:None
                          Experience Level:Overview
                          Program Prerequisites:General Understanding of Auditing Standards
                          Course ID:SF-205.23
                          Published Date:Registered for 2023
                          COURSE DESCRIPTION

                          This course explains the significant changes made to auditing standards by the Auditing Standards Boards Clarity Project that resulted in the issuance of SAS Nos. 122-133. The course is written in a format that provides an overview by allowing the reader to review, recall, and identify key provisions within the new standards.

                          Topics Covered:
                          • ASBs Clarity Project
                          • Replacement SASs with Substantive Changes
                          • Other Selected New SASs- Clarifying Changes Only
                          • SAS Nos. 128-133

                          Learning Objectives:

                          After reading the course material, you will be able to:

                          • Recall the structure of the new ASB Clarity Project and how each new standard is segregated
                          • Identify categories of laws and regulations that are found in AU-C 250
                          • Identify the scope of communications an auditor should make concerning noncompliance with laws and regulations
                          • Identify some of the different types of deficiencies in internal control found in a financial statement audit
                          • Identify the indicators that may suggest there is a material weakness in internal control
                          • Identify the information that should be included in communication of certain deficiencies in internal control
                          • Recognize the new audit report title
                          • Identify examples of headings that should be in the new auditor report
                          • Recall some of the modified opinion headings found in the new audit report
                          • Identify the new type of paragraph that is permitted in the audit report
                          • Identify some examples where an emphasis-of-matter paragraph is required in the audit report
                          • Identify the new group auditor rules including the responsibilities of parties involved, and the procedures to be performed
                          • Identify the different types of special-purpose frameworks permitted under auditing standards
                          • Identify some of the elements that are required in the different types of special-purpose reports
                          • Identify the general types of disclosures required in special purpose framework financial statements
                          • Identify how an auditor can evaluate “professional judgment
                          • Recognize some of the elements that must be in an engagement letter
                          • Identify the requirements that a successor auditor must satisfy in an initial audit engagement involving opening balances
                          • Identify an instance in which it may be necessary for an auditor to obtain a positive confirmation
                          • Identify when an auditor may not be required to use external confirmation procedures
                          • Identify a procedure an external auditor should perform concerning an internal auditor
                          • Define the term “reasonable period of time
                          • Identify an example of a mitigating plan as used in the evaluation for going concerned
                          • Recognize how an auditor should report ongoing concern when there is substantial doubt
                          • Recall an example of a type of exempt offering covered by SAS No. 133

                          Who Should Attend:
                          • All Certified Public Accountants (CPAs)

                          Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                          NASBA
                          $39.00 each Add to cart

                          Managerial Accounting - Product Costing

                          • Credits: 4
                          • Format: Interactive Self-Study eBook
                          • Field of Study: Accounting
                          • Author: CPE Academy
                          Available Formats:
                          Advanced Preparation:None
                          Experience Level:Basic 
                          Program Prerequisites:NONE
                          Course ID:CA-102.23
                          Published Date:Author Updated: 2/2023 | Created: 2/2023
                          COURSE DESCRIPTION

                          Anyone who wants to make informed, fact-based decisions that are key to the success of an organization will benefit from this class.  This course can benefit accountants, as well as, other business decision-makers.  Companies must have a good understanding of their costs to succeed.  Managers within an organization can use managerial accounting as a basis for making informed, fact-based decisions. This course will cover managerial accounting concepts.

                          The course allows participants to become familiar with, or brush up on, basic concepts used to allocate product costs and analyze aspects of company performance. The use of job order costing, process costing, or activity-based costing as appropriate for the business can provide business managers with the tools and techniques they can use to analyze company performance as well as categorize and evaluate company product costs to make informed product decisions. 

                          Topics include:
                          • Basic Concepts of Managerial Accounting 
                          • Job Order Costing and Analysis 
                          • Process Costing and Analysis  
                          • Activity-Based Costing and Analysis

                          Learning Objectives:

                          After reading the course material, you will be able to:

                          • Recognize the differences between managerial and financial accounting, the various ways to classify costs and the presentation of inventory and cost of goods within the Balance Sheet and Income Statement. 
                          • Properly identify the job order costing techniques used to allocate product costs to jobs/products along with the related journal entries and documents. 
                          • Properly identify the process order costing techniques used to allocate production costs to products in addition to the related journal entries and documents.
                          • Correctly identify the three activity-based costing methods for allocating product costs including 1) Single factory-wide overhead rate method, 2) Department overhead rate method, and 3) Activity-based overhead costing method. 

                            Who Should Attend:
                            • All Certified Public Accountants (CPAs)
                            • Other Tax Return Preparer (OTRP)

                            Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                            NASBA


                            $39.00 each Add to cart

                            Managerial Accounting Concepts

                            • Credits: 4
                            • Format: Interactive Self-Study eBook
                            • Field of Study: Accounting
                            • Author: CPE Academy
                            Available Formats:
                            Advanced Preparation:None
                            Experience Level:Basic 
                            Program Prerequisites:NONE
                            Course ID:CA-103.23
                            Published Date:Author Updated: 2/2023 | Created: 2/2023
                            COURSE DESCRIPTION

                            Anyone who wants to make informed, fact-based decisions that are key to the success of an organization will benefit from this class.  This course can benefit accountants in addition to business decision-makers.  Managers within an organization can use managerial accounting as a basis for making informed, fact-based decisions. This course will cover managerial accounting concepts. The course allows participants to become familiar with or brush up on concepts used to categorize costs, compares absorption costing to variable costing, and provides an analysis of company performance for various business scenarios. This course provides business managers with the tools and techniques they could use to analyze company performance as well as categorize, and evaluate company product costs to make informed product decisions.  Companies must have a good understanding of their costs to succeed which can be done through managerial accounting.  Managerial accounting concepts covered include: 

                            • Behaviors of Costs and Breakeven (Cost Profit Volume) Analysis: The fixed and variable classification of costs as well as the technique of breakeven analysis for companies with a single product as well as companies with multiple products. 
                            • Variable Costing Analysis: Differences between absorption costing and variable costing along with techniques for determining what costs should be product costs under the absorption and variable costing methods are presented.  Explanations of the Income Statement for both absorption and variable costing and the differences between both methods are also addressed.
                            • Relevant Costs for Managerial Decisions:  Relevant costs, including sunk cost, out-of-pocket cost, and opportunity cost in addition to incremental costs are discussed.  Relevant cost analysis illustrations for additional business decisions such as: make or buy, scrap or rework, sell or process further, sales mix with constrained resources, segment elimination, and keep or replace equipment.  Unavoidable and avoidable costs as they relate to segment elimination are also explored.   
                            • Performance Measurement and Responsibility Accounting: This section includes discussions of the advantages and disadvantages of decentralized organizations; the use of performance evaluations using cost centers, profit centers, and investment centers; controllable and uncontrollable costs and the use of responsibility accounting system; direct and indirect costs and the allocation of indirect costs including examples for utility, advertising, rent, wages and salaries, equipment and machinery deprecation, and service department expenses; departmental income statements and the allocation of service department costs under the direct, step and reciprocal methods; and, the use of investment center performance evaluation and other nonfinancial performance measures.


                            Topics include:
                            • The behavior of Costs and Breakeven (Cost Volume Profit) Analysis 
                            • Variable Costing Analysis
                            • Relevant Costs for Managerial Decisions
                            • Performance Measurement and Responsibility Accounting

                            Learning Objectives:

                            After reading the course material, you will be able to:

                            • Recognize the fixed and variable classifications of costs along with the technique of breakeven (cost volume profit) analysis for companies with a single product and multiple products. 
                            • Identify the differences between absorption costing and variable costing in addition to techniques for determining what costs should be product costs under the absorption and variable costing methods.
                            • Properly identify the Income Statements for both absorption and variable costing methods along with the differences between both methods.
                            • Discuss the three types of relevant costs, incremental costs, and avoidable and unavoidable costs. 
                            • Discuss the advantages and disadvantages of decentralized organizations including performance evaluations using cost centers, profit centers, and investment centers plus controllable and uncontrollable costs used within the responsibility accounting system. 
                            • Properly identify direct and indirect costs and the allocation of indirect expenses.  Including discussing department income statements and understanding of the allocation of service department costs under the direct, step, and reciprocal methods. 
                            • Discuss investment center performance evaluations and other nonfinancial performance measures.

                              Who Should Attend:
                              • All Certified Public Accountants (CPAs)
                              • Other Tax Return Preparer (OTRP)

                              Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                              NASBA


                              $39.00 each Add to cart

                              Master Vendor File and other vendor Issues in Accounts Payable

                              • Credits:  4
                              • Format: Interactive Self Study eBook-
                              • Field of Study: Accounting | Auditing
                              • Author/Speaker: Mary Schaeffer
                              Available Formats: 
                              Advanced Preparation:None
                              Experience Level:Basic
                              Program Prerequisites:General Understanding Accountancy
                              Course ID:MS-109.23
                              Published Date:Registered for 2023
                              COURSE DESCRIPTION

                              Vendor issues in an effective accounts payable function are often ignored. This is unfortunate because poor controls around the master vendor file, the way data is entered and the lack of rigid internal controls all play a key role in preventing fraud and duplicate payments. And, its not as easy as you might think. There are numerous details, which if ignored, can cause problems whose impact is felt directly in the bottom line. Industry expert Mary Schaeffer delves into this material revealing where the problems are and what every organization should be doing to minimize, if not eliminate, the impact of these issues.

                              Topics include:
                              • Chapter 1: Background
                              • Chapter 2: Current Events Impact
                              • Chapter 3: The Master Vendor File
                              • Chapter 4: Data in the Master Vendor File
                              • Chapter 5: Data Entry in the Master Vendor File
                              • Chapter 6: Vendor Taxpayer Identification Number (TIN) Issues
                              • Chapter 7: Vendor Contact Information
                              • Chapter 8: The Vendor Credit Issue
                              • Chapter 9: Handling New Vendors
                              • Chapter 10: Critical Vendors: Ensuring Theyll Be There When You Need Them
                              • Chapter 11: Vendor Relations
                              • Chapter 12: Vendor Fraud
                              • Chapter 13: Other Vendor Issues

                              Learning Objectives:

                              After reading the course material, you will be able to:

                              • Understand issues related to vendor activity in accounts payable
                              • Pinpoint problems that are likely to occur when vendor issues are not addressed in accounts payable
                              • Integrate the impact of current event changes into the ongoing accounts payable practices
                              • Identify problems likely to occur if the potential for fraud is ignored in accounts payable
                              • Identify issues related to proper and improper segregation of duties as they relate to the master vendor file
                              • Integrate the issues of ownership of the master vendor file into the decision on where responsibility for it should lie
                              • Delineate controls needed around the master vendor file
                              • Recognize the relationship between controls and best practices as they relate to the master vendor file
                              • Identify where problems occur when data entry isnt handled using a rigid coding standard
                              • Understand the necessity for regular cleansing of the master vendor file
                              • Integrate the use of IRS TIN Matching program into the vendor set-up routines
                              • Understand the problems that can arise if games are played with TIN Matching and how to avoid them
                              • Avoid problems created when vendor contact information is not collected and/or updated
                              • Integrate controls into the accounts payable process to prevent phony e-mails from causing payment fraud
                              • Identify problems created when vendor credits are not identified and recovered regularly
                              • Develop practices to include open credit recovery in the regular accounts payable process
                              • Create procedures to collect all information needed to evaluate critical vendors
                              • Figure out where responsibility for evaluating critical vendors should lie
                              • Identify clues that will help identify potentially fraudulent invoices
                              • Implement best practices that will help weed out fraudulent invoices

                              Who Should Attend:
                              • All Certified Public Accountants (CPAs)
                              Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                              NASBA


                              $29.00 each Add to cart

                              Measuring Organizational Performance Including both Master and Flexible Budgets

                              • Credits: 3
                              • Format: Interactive Self-Study eBook
                              • Field of Study: Accounting
                              • Author: CPE Academy
                              Available Formats:
                              Advanced Preparation:None
                              Experience Level:Basic 
                              Program Prerequisites:NONE
                              Course ID:CA-101.23
                              Published Date:Author Updated: 2/2023 | Created: 2/2023
                              COURSE DESCRIPTION

                              Accountants and business decision-makers who want to understand concepts related to measuring and tracking company performance could benefit from this course.  The course allows participants to become familiar with tracking the performance
                              of a decentralized organization as well as understanding the benefits and key pieces of both a Master budget and a Flexible budget. Below is a listing of the items covered within the course.

                              Topics include:
                              • Master Budgets
                              • Flexible Budgets
                              • Performance Measurement and Responsibility Accounting

                              Learning Objectives:

                              Below are the learning objectives for the course:

                              • Performance Measurement and Responsibility Accounting
                              1. Compare the advantages and disadvantages of a decentralized organization. 
                              2. Demonstrate an understanding of financial and non-financial performance evaluation for cost centers, profit centers, and investment centers as applicable.
                              3. Demonstrate an understanding of controllable and uncontrollable costs, direct and indirect expenses, and the allocation of indirect expenses. 
                              • Master Budgets
                              1. Discuss the benefits, timing, and components of a Master budget. 
                              2. Explain the components of a Master budget including the Operating budget, Cash budget, and budgeted Financial Statements. 
                              • Flexible Budgets
                              1. When comparing budgeted results to actual results discuss the advantages of a Flexible budget compared to a fixed budget.
                              2. Explain the per unit and total costs behavior of variable and fixed costs as production amounts change within the relevant range.
                              3. Demonstrate an understanding of setting Flexible budget standard costs including the calculation of variances for direct material, direct labor, and manufacturing overhead. 

                                Who Should Attend:
                                • All Certified Public Accountants (CPAs)
                                • Other Tax Return Preparer (OTRP)

                                Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                NASBA


                                $29.00 each Add to cart

                                Navigating an IRS Tax Audit

                                • Credits: 3
                                • Format: Interactive Self-Study eBook
                                • Field of Study: Auditing
                                • Author: Paul Winn
                                Available Formats:
                                Advanced Preparation:None
                                Experience Level:Intermediate
                                Program Prerequisites:General Understanding of IRS Audits
                                Course ID:PW-831.23
                                Published Date:Author Created: 5/2/2023
                                COURSE DESCRIPTION

                                Navigating an IRS Tax Audit is a three-credit CPE course examining the nature of IRS tax audits, the format they may take, and the reasons why any particular tax return might be chosen for audit. It then discusses taxpayer representation before the IRS and the power of attorney needed to engage in client representation. 

                                The possibility of receiving a letter from the IRS requesting documents for a tax audit often produces considerable taxpayer fear. However, an IRS tax audit doesn’t suggest that the IRS has found a significant error or omission on the client’s tax return. Instead, it is only a review and examination of a client’s tax return rather than an indication the IRS has identified the taxpayer as a tax cheat. 

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Describe the types of tax audits initiated by the IRS and the typical taxpayer issues addressed;
                                  • Recognize how an IRS tax audit is normally conducted and limited by the statute of limitations; 
                                  • List the factors that increase the likelihood of an IRS tax audit and strategies to minimize the chance of an IRS tax audit;
                                  • Describe the nature and function of a power of attorney; and
                                  • Identify the acts that may be performed for a client under a power of attorney.

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $99.00 each Add to cart

                                  New Audit Reporting Standards SAS Nos. 134-141 2023 Edition

                                  • Credits: 10
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Auditing
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Overview
                                  Program Prerequisites:General understanding of U.S. Auditing Standards
                                  Course ID:SF-320.23U
                                  Published Date:Author Updated: 1/2023 | Registered for 2023
                                  COURSE DESCRIPTION

                                  The objective of this course is to address the new auditor reporting standards issued by the Auditing Standards Board as SAS No. 134-141.

                                  Topics include:
                                  • Overview of the new auditor's report found in SAS No. 134s AU-C 700A, including the new reports format, positioning of sections within the report, title, headings, and expanded language
                                  • Amendments made to various reporting standards by SAS No. 135
                                  • A review of THE new ERISA plan audit standard found in SAS No. 136, AU-C 703, including the format of the new ERISA plan auditors report, positioning of sections of that report, the new ERISA Section 103(a)(3)(C) audit (formerly
                                    a limited-scope audit) and the auditors report thereon, expanded audit procedures and communications required by auditors of ERISA-plan financial statements
                                  • Changes made by SAS No.137 to the auditor's procedures and reporting on other information, changes made to the definition of materiality by SAS No. 138, changes made to special reports by SAS No, 139, and amendments made by SAS
                                    No. 140 to supplementary information, required supplementary information, compliance audits, interim financial information, and audits of internal control over financial reporting.

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify the types of audit reports that can be issued under the new AU-C 700A
                                  • Identify the definition of a written report
                                  • Recognize an acceptable title for an auditors report
                                  • Recognize the order in which certain sections of the new auditor's report should be presented in AU-C 700A
                                  • Recall how an auditor should report when conducting an audit following PCAOB standards
                                  • Recognize the requirements and limitations concerning communicating on key audit matters following the new AU-C 701
                                  • Identify examples of acceptable and unacceptable headings to use in modified reports under the new ASU-C 705A
                                  • Recognize the order in which certain sections of a modified opinion should be presented in the new auditors report in AU-C 705A
                                  • Recognize examples of modified opinions as defined in AU-C 705A
                                  • Identify examples of situations in which an auditor must or may include an emphasis-of-matter or other-matter paragraph as required by new AU-C 706A
                                  • Recall examples of fraud risk factors expanded by SAS No. 135
                                  • Identify expanded procedures auditors of ERISA-plan financial statements must perform in newly issued SAS No. 136, including a review of the draft Form 5500
                                  • Identify the new ERISA Section 103(a)(3)(C) audit in SAS No. 136
                                  • Recognize the scope of the terms other information and annual report as used in the newly issued SAS No. 137 about auditing and reporting other information
                                  • Recall how an auditor should label other information in the auditor report
                                  • Recognize the new definition of materiality found in SAS No. 138
                                  • Identify certain paragraphs in the new auditors' report on a special purpose framework
                                  • Recognize how an auditor should present required supplementary information under SAS No.140s amendment of AU-C 730

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA
                                  $39.00 each Add to cart

                                  New Auditing Standards SAS Nos. 142-145 2022 Edition

                                  • Credits: 4
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Auditing
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:

                                  General understanding of Accounting, Financial Reporting, Auditing and Compilation and Review Standards

                                  Course ID:SF-326.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  The objective of this course is to address the new auditing standards issued by the Auditing Standards Board as SAS Nos. 142-145.

                                  The first segment of the course addresses SAS No. 142s expanded guidance on what comprises audit evidence in a financial statement audit. Topics include: evaluating audit evidence; testing audit evidence; relevance and reliability of audit evidence including its source; susceptibility to management bias; corroborative or contradictory information; evaluating whether the information is sufficiently precise and detailed for the auditors purposes; and use of automated tools and techniques.

                                  The second segment is a review of SAS No. 143s guidance on accounting estimates including the degree of estimation uncertainty; risk assessment procedures related to accounting estimates; identifying and assessing the risks of material misstatement including responses to the assessment; indicators of possible management bias, and more.

                                  The third segment consists of a review of SAS No. 144s changes to auditing standards in connection with the use of specialists (management and auditor specialists) and the use of price nformation obtained from external sources.

                                  The final section addresses significant changes made by SAS No. 145 to the auditors understanding of an entity and its environment and the assessment of risks of material misstatement.

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify an example of an attribute of information obtained as audit evidence
                                  • Recognize actions an auditor should perform in evaluating information used as audit evidence
                                  • Recognize attributes of information to be used as audit evidence
                                  • Identify an attribute that affects the reliability of information used as audit evidence
                                  • Recall functions on which an auditor can use automated tools and techniques
                                  • Identify an example of an accounting estimate related to classes of transactions, account balances, and disclosures identified in SAS No. 143
                                  • Recognize how inherent and control risks should be assessed in accordance with SAS No. 143
                                  • Recognize an example of an inherent risk factor
                                  • Identify examples of the approaches that can be performed in assessing the risks of material misstatement from accounting estimates
                                  • Recall one of the amendments made to AU-C 501 by SAS No. 145 in connection with using the work of an external inventory-taking firm
                                  • Identify some instances in which an auditor may conclude that a specialists work is not adequate
                                  • Identify a type of risk assessment procedure that an auditor can use in accordance with SAS No. 145
                                  • Recall examples of risk assessment procedures that an auditor may perform in SAS No. 145
                                  • Recognize how to perform risk assessment procedures when relying on information obtained from previous experience with an entity
                                  • Identify examples of risk assessment procedures to obtain audit evidence in accordance with SAS No. 145
                                  • Recognize a new requirement made by SAS No. 145 in connection with assessing inherent risk and control risk in an audit
                                  • Identify how an auditor should respond if the auditor does not plan to test the operating effectiveness of an entitys controls

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA
                                  $39.00 each Add to cart

                                  New Auditing Standards SAS Nos. 142-145 2023 Edition

                                  • Credits: 4
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Auditing
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General understanding of accounting, financial reporting, auditing, and compilation and review standards
                                  Course ID:SF-326.23U
                                  Published Date:Author Updated: 3/2023 | Registered for 2023
                                  COURSE DESCRIPTION

                                  The objective of this course is to address the new auditing standards issued by the Auditing Standards Board as SAS Nos.  142-145. The first segment of the course addresses SAS No. 142’s expanded guidance on what comprises audit evidence in a financial statement audit. Topics include: evaluating audit evidence; testing audit evidence; relevance and reliability
                                  of audit evidence including its source; susceptibility to management bias; corroborative or contradictory information; evaluating whether the information is sufficiently precise and detailed for the auditor’s purposes; and use of automated
                                  tools and techniques. 
                                  The second segment is a review of SAS No. 143’s guidance on accounting estimates including the degree of estimation uncertainty; risk assessment procedures related to accounting estimates identifying and assessing the risks of material
                                  misstatement including responses to the assessment; indicators of possible management bias, and more.

                                  The third segment consists of a review of SAS No. 144’s changes to auditing standards in connection with the use of specialists (management and auditor specialists) and the use of price information obtained from external sources. The final section addresses significant changes made by SAS No. 145 to the auditor’s understanding of an entity and its environment and the assessment of risks of material misstatement.

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify an example of an attribute of information obtained as audit evidence
                                  • Recognize actions an auditor should perform in evaluating information used as audit evidence
                                  • Recognize characteristics of information to be used as audit evidence
                                  • Identify an attribute that affects the reliability of information used as audit evidence
                                  • Recall functions on which an auditor can use automated tools and techniques 
                                  • Identify an example of an accounting estimate related to classes of transactions, account balances, and disclosures identified in SAS No. 143
                                  • Recognize how inherent and control risks should be assessed in accordance with SAS No. 143
                                  • Recognize an example of an inherent risk factor 
                                  • Identify examples of the approaches that can be performed in assessing the risks of material misstatement from accounting estimates 
                                  • Recall one of the amendments made to AU-C 501 by SAS No. 145  in connection with using the work of an external inventory-taking firm
                                  • Identify some instances in which an auditor may conclude that a specialist’s work is not adequate 
                                  • Identify a type of risk assessment procedure that an auditor can use in accordance with SAS No. 145
                                  • Recall examples of risk assessment procedures that an auditor may perform in SAS No. 145
                                  • Recognize how to perform risk assessment procedures when relying on information obtained from previous experience with an entity
                                  • Identify examples of risk assessment procedures to obtain audit evidence in accordance with SAS No. 145
                                  • Recognize a new requirement made by SAS No. 145 in connection with assessing inherent risk and control risk in an audit, and
                                  • Identify how an auditor should respond if the auditor does not plan to test the operating effectiveness of an entity’s controls.

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $19.00 each Add to cart

                                  New Revenue Recognition Rules ASU 2014-09

                                  • Credits:  2
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Auditing
                                  • Author/Speaker: Lanford Publishing
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Basic 
                                  Program Prerequisites:General understanding of U.S. auditing standards
                                  Course ID:LP-315.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  On May 28, 2014, the Financial Accounting Standards Board (FASB) released its widely anticipated revenue standard, Accounting Standards Update 2014-09, Revenue from Contracts with Customers. The issuance of final documents was the result of a joint effort by the FASB and the International Accounting Standards Board (IASB) to enhance financial reporting with the establishment of common revenue recognition guidance for U.S. GAAP and International Financial Reporting Standards (IFRS).

                                  This course will consider the significance of the guidance issued, review the core principle related to the recognition of revenue, identify the specific steps that should be applied to recognize revenue, and consider the actions needed in order to be prepared to implement the revenue guidance by the effective date of the standard.

                                  Topics include:
                                  • Overview of SAS No. 134-141
                                  • SAS No. 134: Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements
                                  • SAS No. 135: Omnibus Statement on Auditing Standards 2019
                                  • SAS No. 136: Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA
                                  • SAS No. 137: The Auditors Responsibilities Relating to Other Information Included in Annual Reports
                                  • SAS No. 138: Amendments to the Description of the Concept of Materiality
                                  • SAS No. 139: Amendments to AU-C Sections 800, 805, and 810 to Incorporate Auditor Reporting Changes from SAS No. 134
                                  • SAS No. 140: Amendments to AU-C Sections 725, 730, 930, 935, and 940 to Incorporate Auditor Reporting Changes From SAS Nos. 134 and 137
                                  • SAS No. 141: Amendment to the Effective Dates of SAS Nos. 134-140

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify the types of audit reports that can be issued under the new AU-C 700A
                                  • Identify the definition of a written report
                                  • Recognize an acceptable title for an auditors report
                                  • Recognize the order in which certain sections of the new auditors report should be presented in AU-C 700A
                                  • Recall how an auditor should report when conducting an audit in accordance with PCAOB standards
                                  • Recognize the requirements and limitations with respect to communicating on key audit matters in accordance with the new ASU-C 701
                                  • Identify examples of acceptable and unacceptable headings to use in modified reports under the new ASU-C 705A
                                  • Recognize the order in which certain sections of a modified opinion should be presented in the new auditors report in AU-C 705A
                                  • Recognize examples of modified opinions as defined in AU-C 705A
                                  • Identify examples of situations in which an auditor must or may include an emphasis-of-matter or other-matter paragraph as required by new AU-C 706A
                                  • Recall examples of fraud risk factors expanded by SAS No. 135
                                  • Identify expanded procedures auditors of ERISA-plan financial statements must perform in newly issued SAS No. 136, including a review of the draft Form 5500
                                  • Identify the new ERISA Section 103(a)(3)(C) audit in SAS No. 136
                                  • Recognize the scope of the terms other information and annual report as used in the newly issued SAS No. 137 pertaining to auditing and reporting other information, and
                                  • Recall how an auditor should label other information in the auditors report.
                                  • Recognize the new definition of materiality found in SAS No. 138
                                  • Identify certain paragraphs in the new auditors report on a special purpose framework.
                                  • Recognize how an auditor should present required supplementary information under SAS No. 140s amendment of AU-C 730

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)
                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $9.00 each Add to cart

                                  Overview of the 2018 Yellow Book and Significant Changes

                                  • Credits: 1
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Auditing
                                  • Author: Andrew Clark
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of the Auditing Process
                                  Course ID:AC-956.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity. The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.

                                  This course will describe when the Yellow Book standards must be applied. This course will identify the new organization and format of the 2018 Yellow Book. Finally, this course will recognize the five areas that changed in the 2018 Yellow Book from the 2011 Yellow Book.

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Recognize when the Yellow Book standards must be applied.
                                  • Identify the new organization and format of the 2018 Yellow Book.
                                  • Recognize the five areas that changed in the 2018 Yellow Book from the 2011 Yellow Book.


                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $9.00 each Add to cart

                                  Payroll Laws Regulations and Internal Controls

                                  • Credits: 1
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Accounting
                                  • Author: Robert Minniti
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of Accounting
                                  Course ID:RM-304.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  Every organization that has workers is involved in the payroll process. This course is designed to help participants determine how to properly categorize workers as employees, statutory employees, statutory nonemployees, or independent contractors. Participants will also review the minimum wage and overtime requirements for employees, including which employees are exempt from minimum wage and overtime requirements. We will also discuss the Family Medical Leave Act and which employers must comply with the Act. Finally, we will review risks in the payroll process and internal controls for the payroll process.

                                  This course does not cover HR-related topics such as onboarding or terminating employees. Conducting background or drug tests. Completing employee evaluations, and other HR-related activities which are covered in other CPE courses.

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify IRS Regulations for categorizing workers
                                  • Identify minimum wage and overtime requirements
                                  • Identify the requirements in the Family Medical Leave Act
                                  • Design internal controls for the payroll process


                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)
                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $199.00 each Add to cart

                                  Practice Issues-Compilation and Review Update 2022-Incl. SSARS Nos.21-25 and Item 31 and 31-E

                                  • Credits: 20
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Auditing
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Overview
                                  Program Prerequisites:General Understanding of Compilation and Review Standards
                                  Course ID:SF-209.23
                                  Published Date:Registered for 2023

                                  COURSE DESCRIPTION

                                  The objective of this course is to inform the reader of the various changes made to the compilation and review standards by the AICPAs Accounting and Review Services Committee (ARSC) and to address practice issues related to compilation and review engagements.

                                  The first section of this course consists of an overview of SSARS No. 21, as amended by SSARS Nos. 22 through 25, and 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 remainder of the course consists of practice issues in compilation and review engagements. Topics include a discussion of an accountants responsibility for fraud, internal control and going concern, representation letters for review engagements, personal financial statements, tax-basis financial statements, legends on financial statements, accountants liability in compilation and review engagements, saving time in engagements, ethics and independence issues, and more. The focus of the course is to identify, recognize and recall the rules about various pronouncements, including those related to recent developments.

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify some of the changes in SSARS No. 21, as amended, that are and are not carried over from auditing standards
                                  • Identify engagement types that are and are not authorized under SSARS No. 21
                                  • Recall whether the preparation of financial statements standard is an attest or non attest service
                                  • Recognize the term that is assigned to engagements performed on the cash, tax, and regulatory bases of accounting
                                  • Recognize a criterion for an accountant to perform a preparation engagement
                                  • Recall whether a preparation engagement under AR-C 70 is subject to peer review
                                  • Identify whether a report is required in a preparation of financial statements engagement under AR-C 70
                                  • Recognize what the reporting requirements are, if any when a "no assurance" legend is omitted from prepared financial statements under the AR-C 70 standards
                                  • Recognize an acceptable location in which to place the description of a special purpose framework in the preparation of financial statements engagement
                                  • Identify where to disclose GAAP departures in a preparation of financial statements engagement
                                  • Recognize whether an accountant and a client must sign an engagement letter for preparation of financial statements engagement under AR-C 70
                                  • Recall the objective of a compilation engagement under AR-C 80 of SSARS No. 21
                                  • Identify some procedures that must be performed in a compilation engagement under AR-C 80 of SSARS No. 21
                                  • Recognize some of the changes made to the compilation report under SSARS No. 21 including those related to special purpose frameworks and GAAP departures, among others
                                  • Recall how an accountant should report when there is a lack of independence in a compilation engagement
                                  • Identify who should sign a representation letter in a review engagement
                                  • Recognize procedures that should be done when performing analytical procedures in a review engagement 5 Practice Issues- Compilation and Review Update 2022
                                  • Identify one of the requirements in SSARS No. 24 when reporting on an international financial reporting framework
                                  • Identify the reporting options for controllers who seek to issue financial statements
                                  • Recognize the accountants responsibility for reporting fraud in compilation and review engagements
                                  • Identify the types of analytical procedures that can and cannot be used in a review engagement
                                  • Recognize certain terms used as the basis for evaluating going concern in a review engagement
                                  • Identify factors that may or may not suggest there is a potential going-concern problem in a compilation or review engagement
                                  • Identify the period that defines reasonable period is going concerned
                                  • Recognize the threshold to evaluate an Altman Z Score
                                  • Identify an example of a deferred M-1 that is eliminated by tax-basis financial statements
                                  • Recognize some of the general rules for tax-basis financial statements
                                  • Identify the options available to report on supplementary information in a compilation or review engagement
                                  • Recognize the general disclosure rules when issuing a compilation report on a specified element
                                  • Identify when a management representation letter is required and some general rules about such letters
                                  • Identify a prescribed form and the options for reporting on personal financial statements
                                  • Identify examples of simpler reporting options to issuing GAAP financial statements
                                  • Identify provisions to incorporate into engagement letters to protect the accountant against liability claims
                                  • Recognize the privity standard as it relates to the accountants liability to third parties
                                  • Recognize the general rules to maintain independence when an accountant performs non-attest services for an attested client
                                  • Identify when independence is impaired in certain situations in which an accountant performs non attest services for an attest client

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA
                                  $19.00 each Add to cart

                                  Preparing for Year End In Accounts Payable

                                  • Credits:  2
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Accounting | Auditing
                                  • Author/Speaker: Mary Schaeffer
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of Accounting
                                  Course ID:MS-110.23
                                  Published Date: Registered for 2023
                                  COURSE DESCRIPTION

                                  The year-end tasks in accounts payable are critical to accurate financial statements for any organization. Yet, often, they are a last-minute affair, and proper attention is not accorded to the tasks. This course is designed to highlight the issues both directly related to the year-end close and present information the professional can use to implement a smoother close in accounts payable. Industry expert Mary Schaeffer shows auditors, controllers, and managers where year-end problems are likely to occur, how to prevent those problems moving forward. She also offers some straightforward best-practice advice on how to run the close in accounts payable as smoothly as possible.

                                  Topics include:
                                  • Chapter 1: The Start of the Year-End Close Process
                                  • Chapter 2: Operational Issues: Department Operations
                                  • Chapter 3: Operational Issues: Expense Reimbursements
                                  • Chapter 4: Operational Issues: Year-End Specific
                                  • Chapter 5: Form 1099 Reporting Issues
                                  • Chapter 6: The Finishing Touches

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify the tasks accounts payable need to do to help the organization have an effective close
                                  • Pinpoint problem areas before they occur so the problematic issues can be addressed before difficulties occur
                                  • Resolve problems caused by discrepant invoices in a timely manner
                                  • Address the open vendor credit issue in a way that improves the organizations bottom line
                                  • Create effective solutions to handle employees who submit expense reports long after their due date
                                  • Provide a workable approach to dealing with managers who dont approve subordinates expense reports in a timely manner
                                  • Create a document that will guide and track the accounts payable team through all its year-end tasks
                                  • Identify which items must be included in year-end accruals completed in accounts payable
                                  • Develop a best-practice approach to collecting all vendor tax information needed to issue Form 1099s in January
                                  • Build workable solutions to address common Form 1099 problems
                                  • Pinpoint steps any organization can take to ensure a smoother close in accounts payable
                                  • Build a process that will help make next years close-run better

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $19.00 each Add to cart

                                  Private Company Financial Reporting Update

                                  • Credits:  2
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Accounting-
                                  • Author/Speaker: Lanford Publishing
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Basic 
                                  Program Prerequisites:General Understanding of Accountancy
                                  Course ID:LP-317.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  The difference in the financial reporting needs of private and public companies is a topic that has been studied at various times over the years. This course will provide an update on recent projects and activities focusing on private company financial reporting. As background for the update, the standard-setting process will be reviewed.

                                  The recent committees and panels that have studied private company financial reporting issues will be outlined along with the considerations and actions leading up to the Financial Accounting Foundations creation of the Private Company Council. The American Institute of Certified Public Accountants plan for a new Financial Reporting Framework for Small and Medium-sized Entities will also be reviewed.

                                  The International community experienced similar private company reporting issues as those raised in the U.S. This course will review how the International Accounting Standards Board addressed the issue with a discussion of IFRS for SMEs. The differences between IFRS for SMEs and U.S. GAAP along with the considerations regarding a U.S. private companys use of IFRS for SMEs will also be reviewed.

                                  Topics include:
                                  • Private Company Financial Reporting Considerations
                                  • Accounting Standard Setting
                                  • Private Company Initiatives
                                  • Financial Reporting Framework for Small and Medium-sized Entities
                                  • U.S. Companies Use of IFRS for SMEs

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify the concerns and issues regarding private company financial reporting.
                                  • Recognize the accounting standard-setting process.
                                  • Recognize the various private company financial reporting initiatives that have occurred.
                                  • Identify the role of the Private Company Council and the FASB regarding private company standard-setting.
                                  • Recognize IFRS, IFRS for SMEs, and the considerations regarding U.S. companies' use of IFRS for SMEs.


                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)
                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $29.00 each Add to cart

                                  Retirement Planning for Expatriates

                                  • Credits:  3
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Accounting-
                                  • Author/Speaker: Lanford Publishing
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Basic 
                                  Program Prerequisites:General Understanding of Accounting
                                  Course ID:LP-319.23
                                  Published Date:Mar 2022
                                  COURSE DESCRIPTION

                                  This course helps CPAs advise clients who are potential expatriate retirees to prioritize their choices for their lifestyle in an adopted country whats vital to have in a home abroad, how to maximize income and minimize taxes, what possessions to take, and how to get them there, activities that help overcome culture shock, and even how to repatriate to the United States. This timely course assists retirees who plan to join the millions of Americans who live a great life abroad.

                                  Topics include:
                                  • Who becomes an Expatriate, and Why
                                  • Differences between temporary Job Transfers and Self-Initiated Expatriation
                                  • Research and Planning
                                  • Cost of living
                                  • Healthcare

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Describe how an expatriates experiences of a locale differ from those of tourists.
                                  • Begin to prioritize what features drive the choice of an adopted country.
                                  • Note the types of tax planning involved in expatriating and subsequent tax reporting.
                                  • Compare financial expenses and resources available in the adopted country versus the United States.
                                  • Determine which types of property are preferable to bring to the adopted country or obtain after the move.
                                  • Be aware that success in repatriating requires financial and emotional preparation.

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA
                                  $29.00 each Add to cart

                                  Retirement Planning for Expatriates of Costa Rica

                                  • Credits:  3
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Accounting-
                                  • Author/Speaker: Landford Publishing
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of Accounting
                                  Course ID:LP-321.23
                                  Published Date:Mar 2022
                                  COURSE DESCRIPTION

                                  This course helps CPAs advise clients who are potential expatriate retirees to prioritize their choices for their lifestyle in Costa Rica whats vital to have in a home abroad, how to maximize income and minimize taxes, what possessions to take, and how to get them there, activities that help overcome culture shock, and even how to repatriate to the United States. This timely course assists retirees who plan to join the millions of Americans who live a great life abroad.

                                  Topics include:
                                  • Who Becomes an Expatriate, and Why?
                                  • Doing the Research and Planning
                                  • Top Factors in Choosing the Best New Home
                                  • Finances, Benefits, and Taxation
                                  • Tradeoffs of U.S. and Foreign Tax Systems

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Recognize how an expatriates experiences of a locale differ from those of tourists;
                                  • Recognize the unique environmental and cultural features of Costa Rica;
                                  • Identify types of priorities that drive the choice of an adopted country;
                                  • Identify the types of tax planning involved in expatriating and subsequent tax reporting;
                                  • Recognize financial expenses and resources available in Costa Rica versus the United States;
                                  • Identify which types of property are preferable to bring to the adopted country or obtain after the move; and
                                  • Recognize that success in repatriating requires financial and emotional preparation.


                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $29.00 each Add to cart

                                  Retirement Planning for Expatriates to Belize

                                  • Credits:  3
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Accounting-
                                  • Author/Speaker:  Lanford Publishing
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of Accounting
                                  Course ID:LP-320.23-S
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  This course helps CPAs advise their clients who are potential expatriate retirees to prioritize their choices for their lifestyle in an adopted country whats vital to have to enjoy life in Belize, how to maximize income and minimize taxes, what possessions to take, and how to get them there, activities that help overcome culture shock, and even how to repatriate to the United States.

                                  This timely course assists retirees who plan to join the millions of Americans who live great life abroad.

                                  Topics include:
                                  • Who Becomes an Expatriate, and Why?
                                  • Doing the Research and Planning
                                  • Top Factors in Choosing the Best New Home
                                  • Finances, Benefits, and Taxation
                                  • Tradeoffs of U.S. and Foreign Tax Systems

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Describe how an expatriates experiences of a local differ from those of tourists;
                                  • Compare environmental and cultural features of the districts of Belize;
                                  • Begin to prioritize what features drive the choice of an adopted country;
                                  • Note the types of tax planning involved in expatriating and subsequent tax reporting;
                                  • Compare financial expenses and resources available in Belize versus the United States;
                                  • Determine which types of property are preferable to bring to the adopted country or obtain after the move; and
                                  • Be aware that success in repatriating requires financial and emotional preparation.

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)
                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $19.00 each Add to cart

                                  Retirement Planning for Expatriates to Panama

                                  • Credits:  3
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Accounting-
                                  • Author/Speaker: Landford Publishing
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of Accounting
                                  Course ID:LP-322.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  This course helps CPAs advise their clients who are potential expatriate retirees to prioritize their choices for their lifestyle in an adopted country whats vital to have to enjoy life in Panama, how to maximize income and minimize taxes, what possessions to take, and how to get them there, activities that help overcome culture shock, and even how to repatriate to the United States. This timely course assists retirees who plan to join the millions of Americans who live a great life abroad.

                                  Topics include:
                                  • Who Becomes an Expatriate, and Why?
                                  • Doing the Research and Planning
                                  • Top Factors in Choosing the Best New Home
                                  • Finances, Benefits, and Taxation
                                  • Tradeoffs of U.S. and Foreign Tax Systems

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Describe how an expatriates experiences of a locale differ from those of tourists.
                                  • Compare the environment and cultural features of Panamanian provinces.
                                  • Begin to prioritize what features drive the choice of an adopted country.
                                  • Note the types of tax planning involved in expatriating the subsequent tax reporting.
                                  • Compare financial expenses and resources available in Panama versus the United States.
                                  • Determine which types of property and preferable to bring to the adopted country or obtain after the move.
                                  • Be aware that success in repatriating requires financial and emotional preparation.

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)
                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $239.00 each Add to cart

                                  Single Audit The Yellow Book Standard

                                  • Credits:  24
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Auditing
                                  •  
                                  • Author/Speaker: Landford Publishing
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Overview
                                  Program Prerequisites:General Understanding Auditing
                                  Course ID:LP-129.23 | SS
                                  Published Date:Registered for 2023

                                  COURSE DESCRIPTION

                                  The Yellow Book provides standards and guidance for auditors and audit organizations, outlining the requirements for audit reports, professional qualifications for auditors, and audit organization quality control. Auditors of federal, state, and local government programs use these standards to perform their audits and produce their reports.

                                  The 2018 revision of Government Auditing Standards is effective for financial audits, attestation engagements, and reviews of financial statements for periods ending on or after June 30, 2020, and for performance audits beginning on or after July 1, 2019. Early implementation is not permitted.

                                  The 2018 revision of Government Auditing Standards supersede the 2011 revision (GAO-12-331G, December 2011), the 2005 Government Auditing Standards: Guidance on GAGAS Requirements for Continuing Professional Education (GAO-05-568G, April 2005), and the 2014 Government Auditing Standards: Guidance for Understanding the New Peer Review Ratings (D06602, January 2014).

                                  The 2018 revision should be used until further updates and revisions are made. An electronic version of this document can be accessed on GAOs Yellow Book web page at http://www.gao.gov/yellowbook.

                                  Topics include:
                                  • Chapter 1: Foundation and Principles for the Use and Application of Government Auditing Standards
                                  • Chapter 2: General Requirements for Complying with Government Auditing Standards
                                  • Chapter 3: Ethics, Independence, and Professional Judgment
                                  • Chapter 4: Competence and Continuing Professional Education
                                  • Chapter 5: Quality Control and Peer Review
                                  • Chapter 6: Standards for Financial Audits
                                  • Chapter 7: Standards for Attestation Engagements and Reviews of Financial Statements
                                  • Chapter 8: Fieldwork Standards for Performance Audits
                                  • Chapter 9: Reporting Standards for Performance Audits

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA
                                  $19.00 each Add to cart

                                  Skills and Attributes of Successful CFOs

                                  • Credits:  2
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Accounting-
                                  • Author/Speaker: Lanford Publishing
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Basic 
                                  Program Prerequisites:General Understanding of Accountancy
                                  Course ID:LP-232.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  The complexities of financial regulations and accounting pronouncements and the impact of global competition present businesses and executives with a demanding environment. Along with the necessary technical financial experience that a Chief Financial Officer (CFO) must possess, many other skills and attributes are required to address the challenges of the role. This course will discuss many key skills and attributes that contribute to the success of CFOs.

                                  Topics include:
                                  • Leadership
                                  • Integrity
                                  • Assessing your Integrity
                                  • Additional Skills of Successful CFOs
                                  • Self Confidence
                                  • Emotional Intelligence

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Recognize the importance of leadership and the positive actions that exhibit leadership.
                                  • Recognize your personal and organizational integrity.
                                  • Recognize other skills in addition to financial reporting expertise that contributes to success.
                                  • Identify and take steps to improve self-confidence.
                                  • Recognize the significance of emotional intelligence and its impact on business success.


                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)
                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $79.00 each Add to cart

                                  Social Media Marketing

                                  • Credits: 8
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Marketing
                                  • Author: Michael Walker
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of Marketing
                                  Course ID:MW-114.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  In technical terms, social media refers to a variety of Web-based applications (such as Facebook, Twitter, YouTube, et al) that facilitate:

                                  1. Communication and collaboration amongst users of the Internet and
                                  2. The creation of user-generated content in the form of words, pictures, audio, and videos.

                                  However, social media represents much more than this simple definition; social media signifies nothing less than a revolution in the ways that people communicate, consume media, and conduct business. Many businesses are rethinking
                                  entire marketing strategies to focus on this new world known as Web 2.0. Social media tools such as social networks, blogs, and podcasts are now commonly used to market products and services to consumers.

                                  Topics include:
                                  • This course provides an overview of social media and its impact on the marketing process.
                                  • This overview includes descriptions of the various forms of social media and profiles of the most popular social media websites.
                                  • This course also introduces the concept of social media marketing and discusses how you can use social media to market your business, promote your brand, and influence your potential customers.
                                  • Finally, this course provides a step-by-step guide for CPAs and other professionals to utilize when launching a social media marketing campaign.

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify the unique characteristics of "social media" websites.
                                  • Recognize the most popular social media tools (including Facebook, Twitter, YouTube, LinkedIn, Wikipedia, etc.) and des.
                                  • Recognize the primary functions and characteristics of each tool.
                                  • Identify "social media marketing" techniques and the role that social influence plays in the marketing process.
                                  • Recognize best practices for launching a social media marketing campaign.


                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $39.00 each Add to cart

                                  SSARS No. 25 Materiality in a Review of Financial Statements and Adverse Conclusions 2023

                                  • Credits: 4
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Auditing
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Overview
                                  Program Prerequisites:General understanding of compilation and review and auditing standards
                                  Course ID:SF-324.23U
                                  Published Date:Author Updated: 1/2023 | Registered for 2023

                                  COURSE DESCRIPTION

                                  The purpose of this course is to inform the reader of the various changes made to the compilation and review codification by the issuance of SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions, changes made to AR-C 60- General Principles, AR-C 70- Preparation of Financial Statements, AR-C 80- Compilation Engagements, and AR-C 90- Review of Financial Statements. Topics include expanding use of the disclaimer report in a preparation engagement, changes involving the reporting on the contractual basis of accounting, new requirements to define materiality in a review engagement, expanded inquiries and management representations in a review engagement, the new modified conclusions, guidance on going concerned in a review engagement, and more. 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. This course uses materials entitled SSARS No. 25: Materiality in a Review of Financial Statements and Adverse Conclusions- 2023, authored by Steven C. Fustolo, CPA.


                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify engagement types that are (and are not) authorized under the SSARSs
                                  • Recognize a precondition for an accountant to accept an SSARS engagement
                                  • Identify what is required for an accountant to perform a preparation engagement
                                  • Recall whether the preparation of financial statements standard is an attest or non-attest service
                                  • Recognize whether an accountant and a client must sign an engagement letter for the preparation of financial statements engagement under AR-C 70
                                  • Identify whether a report is required in the preparation of financial statements arrangement under AR-C 70
                                  • Recognize what the reporting requirements are, if any when a "no assurance" legend is omitted from prepared financial statements under the AR-C 70 standards
                                  • Identify where to disclose GAAP departures in the preparation of financial statements engagement
                                  • Recognize actions an accountant should take under SSARS No. 25 when a compilation is performed on the contractual basis of accounting
                                  • Identify facts that the accountant should consider in determining materiality in a review engagement
                                  • Identify the date on which management representations should be made in a management representation letter for a review engagement
                                  • Recognize a change that SSARS No. 25 makes to the accountant’s review report
                                  • Recall language that SSARS No. 25 requires to be included in a review report on the contractual basis of accounting.
                                  • Identify the term that GAAP uses for management’s assessment of an entity’s going concern
                                  • Recognize the reporting requirements for going concerned in a review engagement
                                  • Recall some of the items that should be documented in a review engagement

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA
                                  $29.00 each Add to cart

                                  Standards for Financial Audits Attestation Engagements and Review

                                  • Credits: 3
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Accounting | Auditing
                                  • Author: Andrew Clark
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of the Auditing Process
                                  Course ID:AC-958.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity. The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.

                                  This course will describe when the Yellow Book standards must be applied. This course will identify the requirements for auditor communication. Finally, this course will identify the three levels of service as identified by the AICPA.

                                  Topics include:
                                  • Chapter 1: Standards for Financial Audits
                                  • Chapter 2: Standards for Attestation Engagements and Reviews of Financial Statements

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Recognize when the Yellow Book standards must be applied.
                                  • Identify the new organization and format of the 2018 Yellow Book.
                                  • Recognize the five areas that changed in the 2018 Yellow Book from the 2011 Yellow Book.

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)
                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $19.00 each Add to cart

                                  Tax Reform TCJA Impacts on GAAP and Financial Reporting

                                  • Credits: 2
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Accounting | Auditing
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Overview
                                  Program Prerequisites:Basic understanding of U.S. GAAP
                                  Course ID:SF-302.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  The objective of this course is to inform the reader of the impacts the changes made by the Tax Cuts and Jobs Act have on GAAP and financial reporting.

                                  Topics include:
                                  • An analysis of adjustments required to be made to deferred income tax assets and liabilities
                                  • Newly issued ASU 2018-02 related to the tax effect of accumulated other comprehensive income
                                  • Accounting for the change from an S to a C corporation
                                  • Impact of the elimination of like-kind exchanges
                                  • GAAP accounting for bonus and Section 179 depreciation
                                  • New limitations on interest deduction
                                  • SEC SAB 118 transition rules
                                  • Presenting the tax benefit of an NOL carryover, and more.

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Recognize how an entity should account for deferred tax accounts under the Tax Cuts and Jobs Act
                                  • Identify how the ASU 2018-02 election is made to reclassify the tax effect on accumulated other comprehensive income
                                  • Recall the adjustment that is made when an entity converts from S to C corporation status
                                  • Recognize the type of like-kind exchange that qualifies for nonrecognition of gain or loss under GAAP
                                  • Identify a way in which an entity can account for bonus depreciation under GAAP.
                                  • Recall the overall impact that the reduction in the corporate tax rate is having on SEC companies
                                  • Recognize whether SEC companies are permitted to discount tax liabilities pertaining to repatriated income.
                                  • Recall when an entity is required to disclose the tax years open for examination

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA
                                  $99.00 each Add to cart

                                  Tax-Basis Financial Statements and Other Special Purpose Frameworks 2023

                                  • Credits: 10
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Accounting (5) | Auditing (5)
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General understanding of U.S. GAAP, compilation
                                  and review and auditing standards, and federal income
                                  taxation
                                  Course ID:SF-316.23U
                                  Published Date:Author Updated: 4/26/2023 | Registered for 2023
                                  COURSE DESCRIPTION

                                  The objective of this course is to discuss the general rules and applications used in the preparation of and reporting on tax-basis financial statements and other bases of accounting found within the special purpose frameworks (also referred to as other comprehensive bases of accounting). Topics include an overview of the types of special purpose frameworks, advantages, and disadvantages of using tax-basis financial statements, tax-basis accrual versus cash basis, reviewing the key differences between GAAP and tax-basis revenue and expenses and other differences, tax-basis disclosures, reporting options for tax-basis financial statements, unusual reporting and presentation issues related to tax-basis financial statements, an overview of other types of special purpose frameworks including pure cash basis, modified cash basis, regulatory basis, contractual basis, and the other basis of accounting, and more. The course also addresses the presentation and disclosures for PPP loans, Employee Retention Credit (ERC), the Pass-Through Entity (PTE) tax, and leases

                                  Topics include:
                                  • Using Tax-Basis Financial Statements for Engagement Profitability
                                  • Scope of Tax-Basis Financial Statements
                                  • Advantages and Disadvantages of Tax-Basis
                                  • Key Differences Between Tax Basis and GAAP
                                  • Financial Statement Formats
                                  • Tax-Basis Disclosures
                                  • Tax-Basis Reports
                                  • Converting to Tax-Basis Financial Statements
                                  • Unusual Practice Issues
                                  • Other Special Purpose Frameworks

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Identify an accounting standard that exempts non-public entities from its application
                                  • Recall a disadvantage of the AICPA’s Financial Reporting Framework for SMEs
                                  • Recognize the type of criteria on which the other basis of accounting is based
                                  • Recall whether a one-member LLC is permitted to issue tax-basis financial statements
                                  • Identify the best use for tax-basis accrual financial statements
                                  • Recognize an example of a permanent difference
                                  • Recall an example of a GAAP disclosure that can be eliminated by using tax-basis financial statements
                                  • Identify a situation in which tax-basis financial statements might be misleading
                                  • Recall ways in which nontaxable revenues and non-deductible expenses can be presented in tax-basis financial statements
                                  • Recognize which type of exchange of assets no longer qualifies for like-kind treatment in tax-basis financial statements
                                  • Recall how to account for the installment sales method under GAAP as compared with tax-basis financial statements.
                                  • Recognize how an entity accounts for a change in accounting method on the tax basis of accounting
                                  • Identify how to account for certain transactions on tax-basis financial statements
                                  • Recognize whether supplementary information is part of the financial statements
                                  • Identify titles that are appropriate and not appropriate for tax-basis financial statements
                                  • Recall types of legends that might be included on pages of tax-basis financial statements
                                  • Recall how a statement of cash flows should be accounted for and presented in tax-basis financial statements
                                  • Recognize the rules for presenting a statement of comprehensive income in tax-basis financial statements
                                  • Identify categories of disclosures that should be included in tax-basis financial statements
                                  • Recognize elements that are and are not relevant to tax-basis financial statements in preparing a summary of significant accounting policies
                                  • Recall how certain GAAP disclosures should be handled in tax-basis financial statements
                                  • Recall how to account for the pass-through entity (PTE) tax under tax-basis financial statements.
                                  • Recognize the reporting requirement for preparation and compilation of tax-basis financial statements engagements under SSARS Nos. 21-25
                                  • Recall the appropriate title for a review report on tax-basis financial statements
                                  • Identify certain language that should be included in an audit report on tax-basis financial statements
                                  • Identify the reporting option when an entity changes from GAAP to tax-basis financial statements
                                  • Recognize how an accountant should report on a grantor trust or one-member LLC
                                  • Identify the disclosures that are required if an accountant issues a report on a tax return
                                  • Recall the rules to issue a compilation report on a tax return
                                  • Identify disclosures that are and are not relevant to cash-basis financial statements
                                  • Recognize an element that would be made in a summary of significant accounting policies for the modified cash basis
                                  • Identify other types of special purpose frameworks other than tax basis

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $119.00 each Add to cart

                                  The Compilation and Review Standards SSARS Nos. 21-26 2023 Edition

                                  • Credits: 12
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Auditing
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Overview
                                  Program Prerequisites:General understanding of compilation and review and auditing standards
                                  Course ID:SF-322.23U
                                  Published Date:Author Updated: 1/2023 | Registered for 2023
                                  COURSE DESCRIPTION

                                  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. 22, Compilation of Pro Forma Financial Information, SSARS No. 23, Omnibus
                                  Statement on Standards for Accounting and Review Services- 2016, and SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services- 2018, and SSARS No. 25, Materiality in a Review of Financial Statements and Adverse
                                  Conclusions. 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.

                                  After reading the Sections I and II course material, you will be able to:

                                  • Identify some of the changes in SSARS No. 21, as amended, that are and are not carried over from auditing standards
                                  • Identify engagement types that are and are not authorized under SSARS No. 21

                                  After reading the Section III course material, you will be able to:

                                  • Recall whether the preparation of financial statements standard is an attest or non-attest service
                                  • Recognize the term that is assigned to engagements performed on the cash, tax, and regulatory bases of accounting
                                  • Recall whether a preparation engagement under AR-C 70 is subject to peer review
                                  • Identify whether a report is required in the preparation of financial statements engagement under AR-C 70
                                  • Recognize what the reporting requirements are, if any when a "no assurance" legend is omitted from prepared financial statements under the AR-C 70 standards
                                  • Recognize an acceptable location in which to place the description of a special purpose framework in the preparation of financial statements engagement
                                  • Identify where to disclose GAAP departures in the preparation of financial statements engagement
                                  • Recognize whether an accountant and a client must sign an engagement letter for the preparation of financial statements engagement under AR-C 70

                                  After reading the Section IV course material, you will be able to:

                                  • Recall the objective of a compilation engagement under AR-C 80 of SSARS No. 21
                                  • Identify some of the safeguards that must be in place for an accountant to perform a non-attest service for an attest client
                                  • Identify some procedures that must be performed in a compilation engagement under AR-C 80 of SSARS No. 21
                                  • Recognize some of the changes made to the compilation report under SSARS No. 21 including those related to special purpose frameworks and GAAP departures, among others
                                  • Identify how an accountant should report on a disclaimer of supplementary information in a compilation engagement

                                  After reading the Section V course material, you will be able to:

                                  • Recognize the type of information on which an accountant may or may not perform a review engagement under AR-C 90
                                  • Identify requirements to be satisfied to perform a review engagement under AR-C 90
                                  • Identify the date on which management representations should be made in a management representation letter for a review engagement
                                  • Recognize an appropriate title that can be used for a review report under SSARS No. 21
                                  • Identify the order in which certain report paragraphs should be placed in the review report
                                  • Recognize the definition of a reasonable period in evaluating the going concern
                                  • Recognize how to report in a review engagement per SSARS No. 25, when there is or is not substantial doubt of an entity's ability to continue as a going concern
                                  • Recall some of the items that should be documented in a review engagement

                                  After reading the Section VI course material, you will be able to:

                                  • Identify one of the requirements in SSARS No. 24 when reporting on an international financial reporting framework

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $119.00 each Add to cart

                                  The Compilation and Review Standards- SSARS Nos. 21-25

                                  • Credits: 12
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Auditing
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Overview
                                  Program Prerequisites:General understanding of compilation and review and auditing standards
                                  Course ID:SF-322.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  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. 22, Compilation of Pro Forma Financial Information, SSARS No. 23, Omnibus
                                  Statement on Standards for Accounting and Review Services- 2016, and SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services- 2018, and SSARS No. 25, Materiality in a Review of Financial Statements and Adverse
                                  Conclusions.

                                  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.

                                  After reading the Sections I and II course material, you will be able to:

                                  • Identify some of the changes in SSARS No. 21, as amended, that are and are not carried over from auditing standards
                                  • Identify engagement types that are and are not authorized under SSARS No. 21

                                  After reading the Section III course material, you will be able to:

                                  • Recall whether the preparation of financial statements standard is an attest or nonattest service
                                  • Recognize the term that is assigned to engagements performed on the cash, tax and regulatory bases of accounting
                                  • Recall whether a preparation engagement under AR-C 70 is subject to peer review
                                  • Identify whether a report is required in a preparation of financial statements engagement under AR-C 70
                                  • Recognize what the reporting requirements are, if any, when a "no assurance" legend is omitted from prepared financial statements under the AR-C 70 standards
                                  • Recognize an acceptable location in which to place the description of a special purpose framework in a preparation of financial statements engagement
                                  • Identify where to disclose GAAP departures in a preparation of financial statements engagement
                                  • Recognize whether an accountant and a client must sign an engagement letter for a preparation of financial statements engagement under AR-C 70

                                  After reading the Section IV course material, you will be able to:

                                  • Recall the objective of a compilation engagement under AR-C 80 of SSARS No. 21
                                  • Identify some of the safeguards that must be in place in order for an accountant to perform a nonattest service for an attest client
                                  • Identify some procedures that must be performed in a compilation engagement under AR-C 80 of SSARS No. 21
                                  • Recognize some of the changes made to the compilation report under SSARS No. 21 including those related to special purpose frameworks and GAAP departures, among others
                                  • Identify how an accountant should report on a disclaimer of supplementary information in a compilation engagement

                                  After reading the Section V course material, you will be able to:

                                  • Recognize the type of information on which an accountant may or may not perform a review engagement under AR-C 90
                                  • Identify requirements to be satisfied to perform a review engagement under AR-C 90
                                  • Identify the date as of which management representations should be made in a management representation letter for a review engagement
                                  • Recognize an appropriate title that can be used for a review report under SSARS No. 21
                                  • Identify the order in which certain report paragraphs should be placed in the review report
                                  • Recognize the definition of a reasonable period of time in evaluating going concern
                                  • Recognize how to report in a review engagement per SSARS No. 25, when there is or is not substantial doubt of an entitys ability to continue as a going concern
                                  • Recall some of the items that should be documented in a review engagement

                                  After reading the Section VI course material, you will be able to:

                                  • Identify one of the requirements in SSARS No. 24 when reporting on an international financial reporting framework

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $79.00 each Add to cart

                                  The Detection and Prevention of Fraud in Financial Statements

                                  • Credits:  8
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Auditing | Fraud
                                  • Author/Speaker: Lanford Publishing
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of Auditing
                                  Course ID:LP-308.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  As the primary agency investigating corporate fraud, the FBI has focused its efforts on cases that involve accounting schemes, self-dealing by corporate employees, and obstruction of justice to conceal fraudulent activities from criminal
                                  and regulatory authorities. According to the Federal Bureau of Investigation (FBI) white collar crime, which this course will refer to as corporate fraud is: Those illegal acts which are characterized by deceit, concealment, or
                                  violation of trust and which are not dependent upon the application or threat of physical force or violence. These acts are committed by individuals and organizations to obtain money or services, or to secure personal or business
                                  advantage.

                                  This course will begin by reviewing the efforts made by several federal corporate crime-busting governmental bodies within the United States to prevent fraud. In addition, you will be provided with some statistics regarding corporate
                                  fraud. Next, you will be introduced to some of the common characteristics of individuals who are most likely to commit fraud and some steps that you can take to identify them.

                                  Subsequently, this course will identify the most frequently occurring types of corporate fraud and point out some processes and procedures which can be put into place to prevent these types of fraud from taking place.

                                  Finally, you will be provided with several case studies which will include the type of fraud that was committed and the punishment for the act.

                                  Topics include:
                                  • Chapter 1: Corporate Fraud Investigators
                                  • Chapter 2: Corporate Fraud Statistics
                                  • Chapter 3: Who Commits Fraud and their Statistics
                                  • Chapter 4: Corporate Fraud Case Studies

                                  Learning Objectives:

                                  After reading the course material, you will be able to:

                                  • Recognize some of the major organizations that have been working diligently to eliminate corporate fraud in the U.S.
                                  • Recognize the national statistics regarding corporate fraud in the United States.
                                  • Identify the general characteristics of the people who are most likely to commit fraud and how to better identify them as well as the most common types of fraudulent activities that are occurring in corporations today.
                                  • Identify the various types of schemes used to perpetrate misstatements on the financial statements and misappropriation of assets.
                                  • Recognize the financial cost of fraud.
                                  • Recognize the most common method in which fraud is reported according to ACFE statistical studies.
                                  • Recognize why fraud is not always reported by executives and the chief reasons why even CPAs do not always want to participate with law enforcement officers while investigating a fraud incident.
                                  • Recognize a condition (risk factor) that is typically present when fraud occurs.
                                  • Identify the most common schemes which those who commit corporate fraud usually utilize.
                                  • Recognize warning signals of potential embezzlers.
                                  • Recognize the Fraud Deterrence Initiative and the story behind how it got started.
                                  • Identify the various corporate fraud cases which the FBI and DOJ have prosecuted.

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $9.00 each Add to cart

                                  The Developing Expense Receipt Issues and How to Deal with Them

                                  • Credits:  1
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Accounting | Auditing
                                  • Author/Speaker: Mary Schaeffer
                                  Available Formats:  
                                  Advanced Preparation:None
                                  Experience Level:Basic
                                  Program Prerequisites:General Understanding of Accountancy
                                  Course ID:MS-105.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  Technology is making a huge impact on every facet of the business world. The expense reporting function is no exception. It is making it easier for employees to play games but at the same time, it provides companies the tools they need to identify that game playing without spending a fortune.

                                  This course takes a deep dive into the developing expense reporting issues and reveals the way savvy companies can effectively deal with them. The issues evaluated in this course are critical to those who want to run a cost-effective, efficient, fraud-resistant expense reimbursement function.

                                  Topics include:
                                  • The Changing Face of the Expense Reimbursement Process
                                  • How Companies Just Like Yours Now Handle the Expense Reimbursement Process
                                  • Changes in Receipt Requirements when Asking for Expense Reimbursement
                                  • Why Some Companies Are Starting to Get Meal Receipts
                                  • The Detailed Meal Receipt: How They Help Run a Tighter Reimbursement Function
                                  • Scanning Receipts: Dealing with the Two Main Problems

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $49.00 each Add to cart

                                  The Green Book Standards for Internal Control in Federal Government

                                  • Credits:  5
                                  • Format: Interactive Self Study eBook-
                                  • Field of Study: Gov't Auditing
                                  • Author/Speaker: Lanford Publishing
                                  Available Formats: 
                                  Advanced Preparation:None
                                  Experience Level:Basic 
                                  Program Prerequisites:General Understanding of Auditing
                                  Course ID:LP-101.23
                                  Published Date:Registered for 2023
                                  COURSE DESCRIPTION

                                  The Green Book: Standards for Internal Control in the Federal Government, during this course we will discuss the purpose of internal controls, entity oversight, the five components of internal controls, and the 17 principles that guide an effective control to prevent theft. We will discuss the development, implementation, maintenance, oversight, and reporting of internal controls to help you build and manage them. These controls can be implemented into any business to assist in identifying theft and preventing it in the future.

                                  Topics include:
                                  • Section 1: Fundamental Concepts of Internal Control
                                  • Section 2: Establishing an Effective Internal Control System
                                  • Section 3: Evaluation of an Effective Internal Control System

                                  Who Should Attend:
                                  • All Certified Public Accountants (CPAs)

                                  Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                  NASBA


                                  $79.00 each Add to cart

                                  The New Revenue Standard- ASC 606 Post-Implementation Issues Guidance for Private Companies 2023 Edition

                                  • Credits: 8
                                  • Format: Interactive Self-Study eBook
                                  • Field of Study: Accounting
                                  • Author: Steven Fustolo
                                  Available Formats:
                                  Advanced Preparation:None
                                  Experience Level:Overview
                                  Program Prerequisites:General Understanding of U.S. GAAP
                                  Course ID:SF-321.23U
                                  Published Date:Author Updated: 1/2023 | Registered for 2023

                                  COURSE DESCRIPTION

                                  The objective of this course is to address the new revenue standard in ASC 606, Revenue from Contracts with Customers, and its related updates, and guide nonpublic (private) entities that implemented the standard in 2020
                                  and are continuing to experience post-implementation issues. Topics include an overview of the new standard and its core principle, an analysis of each of the five steps required in the revenue model, selected issues encompassing
                                  principal versus agent considerations, dealing with warranties, bill-and-hold arrangements, and consignment transactions. The course also addresses how to account for contract costs, financial statement presentation of revenue-related
                                  accounts, disclosures, and transition methods and guidance.

                                    Learning Objectives:

                                    After reading the course material, you will be able to:

                                    • Identify an example of recognition of revenue prematurely
                                    • Identify one of the five steps to apply the new revenue standard
                                    • Recall a condition that must be met to identify a separate performance obligation
                                    • Identify methods authorized to estimate variable consideration in a contract
                                    • Recognize information that can be used to allocate the transaction price to performance obligations
                                    • Identify two methods that are used to record revenue in Step 5 of the revenue standard
                                    • Recognize how to account for the transfer of a product with a right to return
                                    • Recognize the requirement that must be met for a company to be considered a principal in a revenue transaction
                                    • Recall the general rule that determines whether an entity should record revenue gross or net
                                    • Identify several types of warranties accounted for under the revenue standard
                                    • Identify different types of intellectual property subject to the licensing rules in the revenue standard
                                    • Recognize an example of a prepaid stored-value product
                                    • Recall how an entity should account for breakage related to prepaid stored-value products
                                    • Recall how certain contract costs are accounted for under the revenue standard
                                    • Recognize certain disclosures required by the revenue standard for nonpublic entities, and
                                    • Recall an applicable financial statement (AFS).

                                    Who Should Attend:
                                    • All Certified Public Accountants (CPAs)

                                    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                    NASBA
                                    $159.00 each Add to cart

                                    Travel, Entertainment and Auto Rules

                                    • Credits: 16
                                    • Format: Interactive Self-Study eBook
                                    • Field of Study: Federal Tax Update
                                    • Author: Danny Santucci
                                    Available Formats:
                                    Advanced Preparation:None
                                    Experience Level:Basic
                                    Program Prerequisites:General Understanding of Taxes
                                    Course ID:EWTFM-U-02128-23-S | 6233-CE-0841 | DS-153.23
                                    Published Date:Registered for 2023
                                    COURSE DESCRIPTION

                                    Updating practitioners on current developments, this core program examines and explains the practical aspects of travel and entertainment deductions. Fundamentals are reviewed and planning opportunities are identified. Creative
                                    strategies are discussed and evaluated along with traditional approaches. Taxpayers are once again looking to their tax professionals for guidance and planning related to travel and entertainment expenses. The goal of this course
                                    is to understand and solve problems. Participants will learn to master the proper administration of these complex and often cumbersome provisions in a humorous and entertaining format.

                                    Topics include:
                                    • CHAPTER 1 Travel Expenses
                                    • CHAPTER 2 Categories of Business Travel Expense
                                    • CHAPTER 3 Local Transportation
                                    • CHAPTER 4 Automobiles
                                    • CHAPTER 5 Entertainment and more...
                                    Learning Objectives

                                    After reading participants will be able to:

                                    • Determine the difference between transportation and business travel under 162 by identifying types of business travel expenses and the deduction and amortization requirements of 165 and 195.
                                    • Specify deductible travel costs to find a new job, identify investor travel expenses, and determine deductible transportation.
                                    • Identify the business purpose requirement, the complications of mixed business and personal travel, and costs at a destination.
                                    • Identify temporary and indefinite job assignments recognizing the critical factor in distinguishing the two job assignments.
                                    • Identify the elements of domestic business travel and what costs are deductible.
                                    • Determine the rules and limitations on cruise ship conventions specifying the luxury water travel exception, recognize the companion travel expense limitations, and identify whether expenses for aides to handicapped taxpayers
                                      accompanying the taxpayers on business trips are deductible travel expenses.
                                    • Identify the regular/irregular rule, determine a temporary work site under R.R. 90-23, recognize the impact of R.R. 94-47 and R.R. 99-7 on transportation between a taxpayers residence and workplace, specify the 280A home
                                      office requirements and their impact on business transportation, and identify the hauling tool rule
                                    • Recognize the 179 expensing deductions relationship to depreciation and when to use it.
                                    • Specify the impact of the 280F predominate business use rule, as established by the Tax Reform Act of 1984, on depreciation, excess deductions, and the former investment tax credit
                                    • Identify the mechanics of the standard mileage method including the ability to switch methods, deduct charitable and medical transportation, and MACRS depreciation limitations.
                                    • Identify former deductible home entertainment expenses, determine the prior limits on ticket purchases, and cite provisions under which goodwill entertainment was previously deductible.
                                    • Identify whether an employee must file Form 2106, determine the substantiation requirements of TRA 86 and Family Support Act 1988, and specify the requirements for an accountable plan and reasonable period of time safe harbors.
                                    • Determine how to report income and expenses with or without adequate accounting, specify the differences between entertainment and non-entertainment expenses incurred by an independent contractor, identify whether an employer
                                      can take deductions for reimbursed travel, meals, and/or business gifts, and determine how to make appropriate disclosures on tax returns of the required information.

                                    Who Should Attend:
                                    • All Certified Public Accountants (CPAs)
                                    • Enrolled Agents (EAs)
                                    • Other Tax Return Preparer (OTRP)

                                    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                    NASBA
                                    IRS
                                    CTEC
                                    $29.00 each Add to cart

                                    Understanding the Statement of Cash Flows

                                    • Credits: 3
                                    • Format: Interactive Self-Study eBook
                                    • Field of Study: Accounting
                                    • Author: Andrew Clark
                                    Available Formats:
                                    Advanced Preparation:None
                                    Experience Level:Basic
                                    Program Prerequisites:General Understanding of Accounting Concepts
                                    Course ID:AC-960.23
                                    Published Date:Registered for 2023
                                    COURSE DESCRIPTION

                                    Cash flow is one of the most important long-term indicators for the overall financial health of a business. For a business to enjoy long-term success, sufficient cash must always be on-hand to accomplish various things including paying worker salaries, resolving immediate debts, and paying the companys normal operating costs. Businesses also need cash-on-hand to pay for expenses, repay bank loans, pay taxes, and purchase new assets to fuel the companys future growth. A companys cash flow is documented in its cash flow statement. The cash flow statement, which is also known as a statement of cash flows, is a financial document that summarizes the amount of both cash and cash equivalents entering and exiting a company during a given time period. The cash flow statement provides useful context for both a companys balance sheet and income statement and has been a mandatory part of all corporate financial reports since 1987. The cash flow report is important because it informs investors, creditors, company owners, and other interested parties of the business cash position of the company and can act as a strong indicator of a companys overall financial health.

                                    Learning Objectives:

                                    After reading the course material, you will be able to:

                                    • Identify the purpose of the statement of cash flows.
                                    • Identify the major classifications of cash flows.
                                    • Recognize the difference between net income and net cash flow from operating activities.
                                    • Calculate net cash flows from operating activities using the indirect method and using the direct method.
                                    • Recognize net cash flows from a companys investing and financing activities.
                                    • Identify sources of information for a companys statement of cash flows.
                                    • Recognize special problems that can surface when preparing a statement of cash flows.

                                    Who Should Attend:
                                    • All Certified Public Accountants (CPAs)
                                    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                    NASBA


                                    $19.00 each Add to cart

                                    Who Commits Fraud and their Methods

                                    • Credits:  2
                                    • Format: Interactive Self Study eBook-
                                    • Field of Study: Auditing | Fraud
                                    • Author/Speaker: Lanford Publishing
                                    Available Formats: 
                                    Advanced Preparation:None
                                    Experience Level:Basic
                                    Program Prerequisites:General Understanding of Accountancy
                                    Course ID:LP-325.23
                                    Published Date:Registered for 2023
                                    COURSE DESCRIPTION

                                    Many people consider accounting a tedious job, but not John Lewis. Throughout his three-year tenure with Unified Trucking he had ostensibly been a model employee, missing only a few days of work and conquering the Herculean task of bookkeeping single-handedly. The companys continued growth and profitability were the only indications management had ever needed to determine that John performed his job well. His professionalism and dedication made supervision unnecessary. John insisted on handling any problems or discrepancies personally and made it clear that the buck stopped with him.

                                    In fact, many bucks did stop with him, followed him home, and neatly deposited themselves into his bank account. In three short years, John managed to use his authority and exclusive bookkeeping access to bilk the company of nearly $100,000. As often happens, Johns illicit activities were only revealed by accident. If janitorial workers had not discovered a suspicious amount of discarded receipts, the theft would have continued undetected.

                                    Topics include:
                                    • This eBook will discuss the typical profile of an employee who is liable to commit corporate fraud as revealed by numerous studies.
                                    • In addition, you will be provided with several types of common schemes which these criminals utilize to embezzle funds from their organizations.
                                    • Finally, this eBook will provide you with various tips and techniques which may be utilized to prevent fraud from occurring in your workplace or those of your clients.

                                    Learning Objectives:

                                    After reading the course material, you will be able to:

                                    • Recognize a condition (risk factor) that is typically present when fraud occurs.
                                    • Identify the most common schemes which those who commit corporate fraud usually utilize.
                                    • Recognize warning signals of potential embezzlers.

                                    Who Should Attend:
                                    • All Certified Public Accountants (CPAs)
                                    Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                    NASBA



                                    Business | Industry

                                    Click the icon for detailed course description and information.

                                    Courses are listed in Alphabetical order


                                    $29.00 each Add to cart

                                    Accountants Wanted

                                    • Credits:  3
                                    • Format: Interactive Self Study eBook-
                                    • Field of Study: -Business Management-
                                    • Author/Speaker: Lanford Publishing
                                    Available Formats: 
                                    Advanced Preparation:None
                                    Experience Level:Basic
                                    Program Prerequisites:General Understanding of Management
                                    Course ID:LP-302.23
                                    Published Date:Registered for 2023
                                    COURSE DESCRIPTION

                                    An increase in the number of businesses, changing financial laws and regulations, and greater scrutiny of company finances will drive faster-than-average growth of accountants and auditors, reports the Department of Labor (DOL).

                                    In addition, in response to recent accounting scandals, new Federal legislation restricts the non-auditing services that public accountants can provide to clients. If an accounting firm audits a clients financial statements, that
                                    same firm cannot provide advice on human resources, technology, investment banking, or legal matters, although accountants may still advise on tax issues, such as establishing a tax shelter. This requires the client in most cases
                                    to hire two separate firms to handle their annual accounting and financial service needs.

                                    This course will review some of the causes and effects of the increasing demand for accountants. We will then review some of the steps that you and your firm can take to retain quality accountants and avoid the risk of accountant turnover within your organization.

                                      Learning Objectives:

                                      After reading the course material, you will be able to:

                                      • Recognize the causes of the increased demand for accounting and financial personnel
                                      • Identify the effects of the increasing demand
                                      • List what you can do within your organization to improve your chances of retaining quality accountants


                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)

                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Capital Budgeting Analysis

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: Business | Industry
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Financing
                                      Course ID:ME-103.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      Capital Budgeting Analysis is a process of evaluating how we invest in capital assets; i.e. assets that provide cash flow benefits for more than one year. We will include three stages within Capital Budgeting Analysis: Decision Analysis
                                      for Knowledge Building, Option Pricing to Establish Position, Discounted Cash Flow (DCF) for making the Investment Decision.

                                      The long-term investments we make today determine the value we will have tomorrow. Therefore, capital budgeting analysis is critical to creating value within financial management. And the only certainty within capital budgeting is
                                      uncertainty. Therefore, one of the biggest challenges in capital budgeting is managing uncertainty. We deal with uncertainty through a three-stage process:

                                      1. Build knowledge through decision analysis.
                                      2. Recognize and encourage options within projects.
                                      3. Invest based on economic criteria that have realistic economic assumptions.

                                      Once we have completed the three-stage process (as outlined above), we evaluate capital projects using a mix of economic criteria that adheres to the principles of financial management. Three good economic criteria are Net Present
                                      Value, Modified Internal Rate of Return, and Discounted Payback.

                                      Additionally, we need to manage project risk differently than we would manage uncertainty. We have several tools to help us manage risks, such as increasing the discount rate. Finally, we want to implement post-analysis and tracking
                                      of projects after we have invested. This helps eliminate bias and errors in the capital budgeting process.

                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)
                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Competitive Intelligence Part I

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: -Business Management-
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Management
                                      Course ID:ME-110.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      Competitive Intelligence (CI) pulls together data and information from a very large and strategic view, allowing you to predict or forecast what is going to happen. This, in turn, allows you to effectively strategize in relation
                                      to your competitive environment. Therefore, competitive intelligence allows you to remain competitive by improving your strategic decisions and this leads to better performance against your competitors.

                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)

                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Competitive Intelligence Part II

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: -Business Management-
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Management
                                      Course ID:ME-114.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      This course provides more in-depth coverage on competitive intelligence with an emphasis on analytical models used by CI Professionals. The course also provides an overview of CI Systems and pulls all concepts together by presenting some short case studies.

                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)
                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Creating Value for Non Profit and NGOs

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: Management Services
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Management
                                      Course ID:ME-115.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      This course introduces managers and other professionals working in the nonprofit sector to Value-Based Management. The course attempts to establish a common framework for how nonprofit's and non-governmental organizations can apply
                                      Value-Based Management in such areas as Strategic Planning, Resource Development, Leadership, and Performance Measurement.

                                      This course outlines how value-based management can be applied to non-profit and non-governmental organizations. This course also attempts to highlight several best practices for creating value in the nonprofit sector.

                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)

                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Creating Value in the Nonprofit Sector

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: -Business Management-
                                      •  
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Management
                                      Course ID:ME-112.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      Up until now, little if any information has been available on how we can apply this framework to the Nonprofit Sector. However, as the nonprofit sector become more business-like, the need for value-based management grows.

                                      To ensure that non-profits function within this value-based framework, we can do many things, such as making the organization more entrepreneurial in how it manages social programs, recognizing and measuring social value in the delivery
                                      of services and products, using logic models for assessment and measurement, and making the connection between emotional intelligence and effective leadership.

                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)
                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Creating Value Through Financial Management

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: Business | Industry
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Management
                                      Course ID:ME-107.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      When we look at the typical financial function within an organization, we will find a host of accounting activities: processing of payables, customer invoicing, payroll administration, financial reporting, etc. According to one survey,
                                      over 70% of all financial management functions are spent on the processing of accounting transactions.

                                      Less than 20% of financial management is spent on "real" financial management, things like w measurement, risk management, forecasting, strategic planning, investment analysis, competitive intelligence, etc. All of these things are
                                      where the real value comes from.

                                      Therefore, one of the first steps for financial functions to take when it comes to creating value is to move out of the traditional accounting box and into real financial management.

                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)
                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $29.00 each Add to cart

                                      Disaster Plan Development

                                      • Credits:  3
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: -Business Management-
                                      • Author/Speaker: Lanford Publishing
                                      Available Formats:
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding ofManagement
                                      Course ID:LP-309.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      Ensuring the business continuity, the continuation of critical business operations in the event of an unforeseeable disaster is a chief responsibility of an organizations management team including its financial officer or external CPA. According to Kit Tuveson, chairman of the International Facility Management Association and worldwide facility operations manager for Hewlett-Packard in San Francisco, only 40% of the companies that experience a disastrous event at their place of business will ever open their doors again. In addition, a study developed by the University of Minnesota found that the average company which was put out of business for as little as four and a half days experienced up to a 50% loss in its capacity to operate.

                                      Many companies believe that because they are small that they are at less risk and are unable to afford the protection that larger companies can afford. However, it is the smaller companies that are at the greatest risk and therefore should be even more inclined than the larger companies because they are more likely to have all their eggs in one basket. For example, the smaller company commonly has only one work location, a limited number of employees, all of their assets stored at one location, etc.

                                      This course will introduce you to the process of developing, communicating, and testing a disaster recovery planto avoid this potential pitfall and ensure the continuation of critical business operations in the case of an unforeseeable event.

                                      Throughout this course, the term disaster shall mean any unforeseeable event which has the potential ability to cause an interruption in the normal business operations of an organization. This would include natural disastrous events such as fire, flood, hurricane, earthquake, tornado, etc. in addition to electrical power failure, communication system malfunction, information system crashes, etc.

                                      We will begin by taking a look at a mock scenario of a company that experiences a flood during the normal course of a day. This company does not have adisaster plan in place and as a result, experiences a huge loss both financially and emotionally. You will then be introduced to some of the processes and procedures which this mock company and your company or clients can utilize to ensure the continuation of critical business operations in the event of an unforeseeable disaster to reduce your financial and emotional risk.

                                      This course will then revisit the mock scenario under the assumption that the company did have a disaster plan implemented when the flooding took place and compare the resulting damages imposed by the event. Finally, you will be provided with additional resources that you may choose to utilize when developing your own disaster plans and a glossary of some of the more common disaster recovery terms.

                                      Learning Objectives:

                                      After reading the course material, you will be able to:

                                      • Recognize the importance of having a corporatedisasterplanin place within your organization.
                                      • Identify the basics of how to develop, communicate, and test a disaster plan.
                                      • Identify the steps to recovering damages.

                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)

                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Evaluating Financial Performance

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: Business Finance
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Business Finance
                                      Course ID:ME-101.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      Financial information is used by almost everyone and any manager hoping to effectively communicate and understand business must be able to analyze financial information. This course explains the basics of accounting, links accounting
                                      to financial statements analyzes financial statements and works through economic analysis of investments.
                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)
                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Financial Planning and Forecasting

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: Business Finance
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Business Finance
                                      Course ID:ME-102.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      Financial planning is a continuous process of directing and allocating financial resources to meet strategic goals and objectives. The output from financial planning takes the form of budgets. The most widely used form of a budget
                                      is Pro Forma or Budgeted Financial Statements. The foundation for Budgeted Financial Statements is Detail Budgets. Detail Budgets include sales forecasts, production forecasts, and other estimates in support of the Financial Plan.
                                      Collectively, all of these budgets are referred to as the Master Budget. We can also break financial planning down into planning for operations and planning for financing. Operating people focus on sales and production while financial
                                      planners are interested in how to finance the operations.

                                      Therefore, we can have an Operating Plan and a Financial Plan. However, to keep things simple and to make sure we integrate the process fully, we will consider financial planning as one single process that encompasses both operations
                                      and financing.

                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)
                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Going Public

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: -Business Management-
                                      •  
                                      • Author/Speaker: Matt Evans
                                      Available Formats:  
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Management
                                      Course ID:ME-111.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      There are millions of privately held companies throughout the United States and the World. Very few of these privately held companies will graduate from the minor leagues of business (privately held) to the major league of business (publicly held). This transformation from the minor league to the big league in business is called going public and it culminates when the company can finally sell its stock to the public; referred to as an Initial Public Offering or IPO. As with any major business transformation, going public requires extensive planning, preparation, and perseverance. This short course will outline the IPO process and some of the critical issues that a privately held company must address for successfully going public.

                                      The main reason for going public should be to grow the business through increased capitalization. In reality, many IPOs are driven by the need to make the company liquid so investors can get a return for their risky investment. To go public, strong consistent growth rates should be in place to support this major capital increase. Companies with slow growth rates should consider alternatives to going public since failure to put this major infusion of capital to immediate use can drive down valuations.

                                      Topics Covered:

                                      We will divide the process into three phases, all of which tend to be somewhat concurrent
                                      (taking place over similar time frames):

                                      1. Preparing for the IPO
                                      2. Registering the IPO
                                      3. Selling the IPO
                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)

                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Managing Cash Flow

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: -Business Management-
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Management
                                      Course ID:ME-104.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      Cash is the most liquid of assets and it represents the lifeblood for growth and investment. To generate cash, we must efficiently and effectively manage the activities that provide cash.

                                      These activities include billing customers as quickly as possible, disbursing payments only when they come due, collecting cash on overdue accounts, and investing idle cash.

                                      Therefore, managing cash flow involves several objectives:

                                      • Accelerating cash inflows wherever possible.
                                      • Delaying cash outflows until they come due.
                                      • Investing surplus cash to earn a rate of return.
                                      • Borrowing cash at the best possible terms.
                                      • Maintaining an optimal level of cash that is neither excessive nor deficient.

                                      This course will attempt to outline how these objectives can be met. We will try to answer the following questions:

                                      • How much cash do we need to run our business?
                                      • How much cash is locked up in other current assets?
                                      • How long does it take to collect our cash from customers?
                                      • How much cash should we hold?
                                      • How do we cover cash deficits?
                                      • How do we identify problems with cash flow?
                                      Who Should Attend:
                                      • All Certified Public Accountants (CPAs)
                                      Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                      NASBA


                                      $19.00 each Add to cart

                                      Mergers and Acquisitions Part I

                                      • Credits:  2
                                      • Format: Interactive Self Study eBook-
                                      • Field of Study: -Business Management-
                                      • Author/Speaker: Matt Evans
                                      Available Formats: 
                                      Advanced Preparation:None
                                      Experience Level:Basic
                                      Program Prerequisites:General Understanding of Management
                                      Course ID:ME-106.23
                                      Published Date:Registered for 2023
                                      COURSE DESCRIPTION

                                      Mergers and acquisitions represent the ultimate change for a business. No other event is more difficult, challenging, or chaotic than a merger and acquisition. Everyone involved in the process must have a clear understanding of how
                                      the process works. Hopefully, this short course will provide you with a better appreciation of what is involved.

                                        You might be asking yourself, why do I need to learn the merger and acquisition (M & A) process? Well for starters, mergers and acquisitions are now a normal way of life within the business world. In today's global, competitive
                                        environment, mergers are sometimes the only means for long-term survival. In other cases, such as Cisco Systems, mergers are a strategic component for generating long-term growth. Additionally, many entrepreneurs no longer build
                                        companies for the long-term; they build companies for the short-term, hoping to sell the company for huge profits.

                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA


                                        $19.00 each Add to cart

                                        Mergers and Acquisitions Part II

                                        • Credits:  2
                                        • Format: Interactive Self Study eBook-
                                        • Field of Study: -Business Management-
                                        • Author/Speaker: Matt Evans
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Basic
                                        Program Prerequisites:General Understanding of Management
                                        Course ID:ME-116.23
                                        Published Date:Registered for 2023
                                        COURSE DESCRIPTION

                                        Mergers and acquisitions represent the ultimate change for a business. No other event is more difficult, challenging, or chaotic than a merger and acquisition. Everyone involved in the process must have a clear understanding of how
                                        the process works. Hopefully, this short course will provide you with a better appreciation of what is involved.

                                        You might be asking yourself, why do I need to learn the merger and acquisition (M and A) process? Well for starters, mergers and acquisitions are now a normal way of life within the business world. In today's global, competitive environment,
                                        mergers are sometimes the only means for long-term survival.

                                        In other cases, such as Cisco Systems, mergers are a strategic component for generating long-term growth. Additionally, many entrepreneurs no longer build companies for the long-term; they build companies for the short-term, hoping
                                        to sell the company for huge profits.

                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA


                                        $89.00 each Add to cart

                                        Principles of Wealth Management

                                        • Credits: 9
                                        • Format: Interactive Self-Study eBook
                                        • Field of Study: Business Management
                                        • Author: Paul Winn
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Basic
                                        Program Prerequisites:General Understanding of Wealth Management
                                        Course ID:PW-825.23
                                        Published Date:Author Updated: 3/2023 | Registered for 2023
                                        COURSE DESCRIPTION

                                        Principles of Wealth Management examines the financial planning discipline, including Its need, as evidenced by the U.S. poverty rate, the U.S. savings rate, the lack of financial retirement readiness, and the ever-increasing cost
                                        of higher education. The course details the principal steps in developing a financial plan, the critical issues in managing and protecting wealth, the products and concepts available to implement wealth management objectives, and
                                        their tax treatment.

                                        Learning Objectives:

                                        After reading the course material, you will be able to:

                                        • Discuss the evidence indicating the need for comprehensive financial planning
                                        • Recognize the steps in developing a clients financial plan
                                        • Describe the critical issues in managing wealth;
                                        • Identify the principal products and concepts available to Implement and facilitate wealth management objectives; and
                                        • Apply the principles of wealth management to improve the financial situation of clients.

                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        • Enrolled Agents (EAs)
                                        • Other Tax Return Preparer (OTRP)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA


                                        $19.00 each Add to cart

                                        Process Improvement The Six Sigma

                                        • Credits:  2
                                        • Format: Interactive Self Study eBook-
                                        • Field of Study: -Business Management-
                                        • Author/Speaker: Matt Evans
                                        Available Formats: 
                                        Advanced Preparation:None
                                        Experience Level:Basic
                                        Program Prerequisites:General Understanding of Management
                                        Course ID:ME-113.23
                                        Published Date:Registered for 2023
                                        COURSE DESCRIPTION

                                        Everything everyone does within an organization is part of a process. So invariably if you want to improve what the organization does, then you have to focus on improving the process. By putting your emphasis on the process, you
                                        avoid the typical trap that so many business leaders seem to fall prey to looking to cut costs, they focus on trimming payrolls or pushing people to do more with less. This short-sided approach may get a brief bump in performance.
                                        However, in the long run, you end up increasing costs, reducing value to the customer, and making it harder for the company to compete.
                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA


                                        $19.00 each Add to cart

                                        Strategic Planning

                                        • Credits:  2
                                        • Format: Interactive Self Study eBook-
                                        • Field of Study: -Business Management-
                                        • Author/Speaker: Matt Evans
                                        Available Formats: 
                                        Advanced Preparation:None
                                        Experience Level:Basic
                                        Program Prerequisites:General Understanding of Management
                                        Course ID:ME-108.23
                                        Published Date:Registered for 2023
                                        COURSE DESCRIPTION

                                        The essence of management includes the ability to plan. As you work your way up the organization, planning moves from operational to strategic. Strategic Planning is one of the principal responsibilities of upper-level management.
                                        Once management decides on the Strategic Plan, lower-level managers implement the Strategic Plan through an Operating Plan.

                                        Strategic Planning attempts to answer a very fundamental question:

                                        • Where do we want to be one year from now, two years from now, three years from now, etc.?
                                        • Does Strategic Planning require that an organization develops a vision of itself (how do we see ourselves in the future)?
                                        • Strategic Planning looks at the big picture from a long-range perspective whereas the Operating Plan represents the specific tactics for carrying out the Strategic Plan year to year
                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA


                                        $19.00 each Add to cart

                                        The Balanced Scorecard

                                        • Credits:  2
                                        • Format: Interactive Self Study eBook-
                                        • Field of Study: -Business Management-
                                        • Author/Speaker: Matt Evans
                                        Available Formats: 
                                        Advanced Preparation:None
                                        Experience Level:Basic
                                        Program Prerequisites:General Understanding of Management
                                        Course ID:ME-109.23
                                        Published Date:Registered for 2023
                                        COURSE DESCRIPTION

                                        Accountants communicate with financial statements. Engineers communicate with as-built drawings. Architects communicate with physical models. It seems that almost every profession has some means of communicating clearly to the
                                        end-user. However, for people engaged in strategic planning there has been an ongoing dilemma. The finished product, the strategic plan, has not been communicated and reached the end-user. Sure, strategic plans are nice to look at,
                                        full of bar charts, nice covers, well written, and professionally prepared; but they simply have not impacted the people who must execute the strategic plan. The result has been poor execution of the strategic plan throughout the entire
                                        organization. And the sad fact of the matter is that execution of the strategic plan is everybodys business, not just upper-level management. Upper-level management creates the strategy, but execution takes place from the bottom up.

                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA


                                        $19.00 each Add to cart

                                        The Management of Capital

                                        • Credits:  2
                                        • Format: Interactive Self Study eBook-
                                        • Field of Study: Business Finance
                                        • Author/Speaker: Matt Evans
                                        Available Formats:  
                                        Advanced Preparation:None
                                        Experience Level:Basic
                                        Program Prerequisites:General Understanding of Management
                                        Course ID:ME-105.23
                                        Published Date:Registered for 2023
                                        COURSE DESCRIPTION

                                        The long-term investments we make today will determine the value of our business tomorrow. To make long-term investments in new product lines, new equipment, and other assets, managers must know the cost of obtaining funds
                                        to acquire these assets. The cost associated with different sources of funds is called the cost of capital. The cost of Capital represents the rate a business must pay for each source of funds - debt, preferred stock, common stock,
                                        and retained earnings. Since we want to maintain existing market values, the cost of capital is the minimum acceptable rate of return for long-term investments. If the business earns more than its cost of capital, the market value
                                        of the business will increase. Likewise, if returns on long-term investments are below the cost of capital, market values will decline. This leads us to a very fundamental objective within financial management - maximizing values for
                                        the owners of the business. Therefore, how we manage capital is extremely important to fulfilling the basic objective of increased shareholder value.


                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA



                                        Federal Tax | Tax Planning

                                        Click the icon for detailed course description and information.

                                        Courses are listed in Alphabetical order


                                        $279.00 each Add to cart

                                        1040 Workshop Taxes In-Depth 2023

                                        • Credits: 28
                                        • Format: Interactive Self-Study eBook
                                        • Field of Study: Federal Tax Update
                                        • Author: Danny Santucci
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Overview
                                        Program Prerequisites:General Understanding of Federal Income Taxation
                                        Course ID:EWTFM-U-02028-23-S | 6233-CE-0755 | DS-101.23U
                                        Published Date:Author Updated: 4/18/2023 | Registered for 2023
                                        COURSE DESCRIPTION

                                        Designed to make the practitioner comfortable with “high traffic” issues, this program enables participants to discuss and handle individual tax essentials. The course examines and explains the practical aspects of return preparation and individual planning, bridging the gap between theory and application. Significant new developments are summarized with an emphasis on tax savings ideas. Practical applications and illustrations are used to systematically explore tax deferral, reduction, and elimination opportunities accompanying return preparation. For example, the analysis of gross income is discussed together with income-splitting techniques; property transactions are examined alongside like-kind exchanges and involuntary conversions. The result is an extraordinary blend of the latest developments affecting individual returns and their related planning ideas.

                                        Topics include:
                                        • Individual Tax Elements
                                        • Expenses, Deductions & Accounting
                                        • Property Transfers & Retirement Plans
                                        • Losses, AMT & Compliance

                                        Learning Objectives:

                                        After reading the course material, you will be able to:

                                        • Identify federal revenue tax sources citing the definitive role of gross income and, determine a client’s tax liability using current rates, tables, exemptions, statutory amounts, and their withholding and/or estimated tax responsibility.
                                        • Specify the various filing statuses and their filing requirements recognizing the advantages and disadvantages of each.
                                        • Determine what constitutes gross income under §61 stating the tax treatment of compensation, fringe benefits, rental income, Social Security benefits, alimony, prizes, and awards, identify dividend and distribution types and their tax differences, and specify how debt discharge can result in taxable income.
                                        • Identify the mechanics of income exclusions such as education-related exclusions, gift and inheritance exclusions, insurance, personal injury awards, interest on state and local obligations, and foreign-earned income exclusion. 
                                        • Recognize income tax deductions and their use to reduce tax liability by:
                                          • a. Identifying personal, spousal, and dependency exemptions and reporting requirements including pre-2005 dependency rules;
                                          • Specifying the deductibility of §163 interest categories, §162 edu-cational expenses, pre-2018 §217 moving expenses, pre-2018 §165 casualty & theft losses, and §164 taxes stating their proper reporting and substantiation;
                                          • Determining variables that impact the deductibility of charitable contributions, and identifying qualified organizations, permissible contributions contribution limitations, their tax treatment, and substantiation requirements;
                                          • Identifying the deductibility of medical care expenses including medical insurance, meals and lodging, transportation, home improvements, and lifetime care payments recognizing the impact of Medicare;
                                          • Specifying deductions that are subject to the pre-2018 2% of AGI limitation, deductions not subject to the 2% limit, and nondeductible expenses.
                                        • Determine distinctions among several types of tax credits identifying the eligibility requirements and citing changes created by recent tax legislation to individual tax returns.
                                        • Recognize the tax treatment of rental property expenses specifying their impact on landlords and tenants taking into consideration the tax differences given to rent, advance payments, and security deposits.
                                        • Identify the application of the hobby loss rules to a business, determine deductible health insurance costs and the requirements of the home-office deduction, and specify self-employment taxes and available business and investment credits. 
                                        • Determine how to properly deduct travel and pre-2018 entertainment expenses by:
                                          • a. Identifying deductible business travel expenses, a taxpayer’s tax home, if any, and work locations based on the IRS’s definition and recalling the “away from home” requirement and “sleep and/or rest” rule;
                                          • Specifying the key elements of deductible domestic and foreign business travel costs recognizing the Reg. §1.162 deductions of convention and meeting expenses;
                                          • Identifying §274 pre-2018 entertainment deductibility tests, determining the limits on home entertaining,  ticket purchases, and meals and entertainment stating the eight exceptions to the percentage re-duction rule; and
                                          • Recognizing the substantiation requirements associated with business gifts, employee achievement awards, and sales incentive awards.
                                        • Determine the differences between accountable and nonaccountable plans including the requirements for an accountable plan particularly adequately accounting for travel and other employee business expenses.
                                        • Determine what constitutes local transportation and commuting including how nondeductible personal commuting relates to local business transportation expenses. 
                                        • Identify the apportionment of automobile expenses between personal and business use, the actual cost and standard mileage methods, and the gas guzzler tax.
                                        • Specify the various types of excluded fringe benefits that can increase employers’ deductions and incentive-based compensation of employees listing examples of each.
                                        • Recognize the cash, accrual, or other methods of accounting, select available accounting periods specifying their impact on income and expenses, and identify expensing depreciation and amortization.
                                        • Specify the tax consequences on the sale of easements and the holding period and basis of inherited property.
                                        • Identify the application elements of the §121 home sale exclusion specifying the associated safe harbor regulations.
                                        • Recognize the importance of the installment method and §453 requirements, and specify the §453 basic terminology.
                                        • Identify the variables that determine which §1038 rules apply to recognize distinctions among the rules, calculations, and effects of repossessions of personal property and repossessions of real property, and recognize when a bad debt deduction may be taken on a repossession.
                                        • Specify the tax treatment of a §1033 involuntary conversion by: 
                                          • Determining related terminology and the tax consequences of receiving a condemnation award or severance damages;
                                          • Identifying gain or loss from condemnations recognizing the reporting of payments associated with involuntary conversions; and
                                          • Determining whether clients can postpone gain on condemned, damaged, destroyed, or stolen property and specifying the related party rule.
                                        • Recognize the scope of the §465 at-risk rules and their effect on property depreciation, and identify the requirements, mechanics, and types of §1031 like-kind exchange.
                                        • Identify qualified deferred compensation plans and nonqualified plans by:
                                          • Determining the major benefit of the qualified deferred plans and the calculation basis of benefits and contributions; and
                                          • Recognizing the current and deferred advantages and the disadvantages of corporate plans stating fiduciary responsibilities and prohibited transactions.
                                        • Identify the requirements of the basic forms of qualified pension plans permitting clients to compare and contrast such plans.
                                        • Determine the distinctions between defined contribution and defined benefit plans, specify the types of defined contribution plans, and identify their effect on retirement benefits.
                                        • Identify how self-employed plans differ from qualified plans for other business types and owners and specify the requirements of IRAs and the special requirements of Roth IRAs. 
                                        • Determine what constitutes SEPs and SIMPLEs recognizing the mechanics and eligibility requirements of each type of plan.
                                        • Identify basic income types and the “buckets” of income and loss under §469 that can influence what can be deducted, determine the suspension of disallowed passive losses, and recognize the special rules for transfers deemed not to be fully taxable dispositions.
                                        • Specify differences between the regular and alternative minimum tax recognizing the application tax preferences and adjustments, and determine the life of assets under ADS, alternative minimum taxable income, passive losses under the AMT, and what constitutes ACE.
                                        • Identify the reporting requirements for real estate transactions, independent contractors, and cash reporting.
                                        • Recognize types of accuracy-related and unrealistic position penalties, and specify the IRS's examination of returns policy and assessment process including the applicable statute of limitations.
                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        • Enrolled Agents (EAs)
                                        • Tax Return Preparers (TRPs)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA
                                        IRS
                                        CTEC
                                        $59.00 each Add to cart

                                        2023 Annual Federal Tax Refresher

                                        • Credits: 6
                                        • Format: Interactive Self-Study eBook
                                        • Field of Study: Annual Federal Tax Refresher
                                        • Author: Paul Winn
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Overview
                                        Program Prerequisites:General Understanding of Taxation
                                        Course ID:EWTFM-A-02212-23-S | 6233-CE-0928 | PW-101.23
                                        Course Dates Availability:June 1st till December 31st, 2023. The AFTR course and comprehension test must be successfully completed by December 31 (midnight
                                        local time of the student) to receive continuing education credit. There are no exceptions.
                                        View IRS Continuing Education Requirements

                                        YOU WILL HAVE 3 HOURS TO COMPLETE THE EXAM
                                        After the time limit has been reached your answers will be automatically submitted, Four (4) attempts are allowed.


                                        COURSE DESCRIPTION

                                        Each year, various limits affecting income tax return preparation and tax planning are affected by inflation-related changes. In addition, various laws passed to address the financial consequences of the coronavirus pandemic significantly
                                        affect tax planning and may also affect taxpayers income tax liability. This course will examine many of those changes.

                                        The Annual Federal Tax Refresher course is designed to meet the requirements of the IRS voluntary Annual Filing Season program. It discusses new tax law including various tax extenders and recent updates for the upcoming
                                        filing season provides a general tax review, and examines important rules governing tax return preparer ethics, practices, and procedures.

                                        In organizing this course, the term "domain" is used in place of the more common "chapter" to more closely follow the language of the IRS Annual Federal Tax Refresher course outline.

                                        Topics Covered
                                        • Domain 1 New Tax Law/Recent Updates
                                        • Domain 2 General Income Tax Review
                                        • Domain 3 Practices, Procedures, and Professional Responsibility
                                        Learning Objectives:

                                        After reading the course material, you will be able to:

                                        • Identify the principal individual income tax changes brought about by recent legislation;
                                        • Apply the inflation-adjusted and other limits to the proper preparation of taxpayers income tax returns;
                                        • Recognize the federal income tax filing statuses and the criteria for their use;
                                        • Describe the current status of tax extenders;
                                        • Identify the types of income that must be recognized;
                                        • Apply the tax rules to the various credits and adjustments to income that are available to taxpayers;
                                        • Recognize the penalties that may be imposed on a preparer for failing to meet ethical and practice standards in preparing tax returns; and
                                        • Identify the duties and restrictions imposed on tax preparers under Circular 230.
                                        Who Should Attend:
                                        • Other Tax Return Preparer (OTRP)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA
                                        IRS
                                        CTEC
                                        $29.00 each Add to cart

                                        Affordable Care Act Employer Rights and Responsibilities

                                        • Credits: 3
                                        • Format: Interactive Self-Study eBook
                                        • Field of Study: Federal Tax Law
                                        • Author: Paul Winn
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Overview
                                        Program Prerequisites:General Understanding of Taxation
                                        Course ID:EWTFM-T-02179-23-S | 6233-CE-0892 | PW-700.23
                                        Published Date:Author Updated: 1/2023 | Registered for 2023

                                        COURSE DESCRIPTION

                                        The Patient Protection and Affordable Care Act (PPACA) has brought about the most significant change in healthcare since the passage of the 1965 legislation that authorized Medicare. It imposes healthcare-related requirements on health
                                        plans, health insurers, and employers. Eligible small employers may receive tax credits for providing health insurance coverage to their employees, and large employers may find themselves subject to tax penalties for failing to
                                        provide such employee coverage. This course will review the principal coverage provisions of the law and will examine its tax impact on employers

                                        Topics include:
                                        • Chapter 1 Overview of PPACA Coverage Provisions
                                        • Chapter 2 Employer Credits Requirements

                                        Learning Objectives:

                                        After reading the course material, you will be able to:

                                        • List the principal coverage provisions of the PPACA
                                        • Recognize the shared responsibility requirements for applicable employers concerning employee health coverage
                                        • Compute the potential tax penalties that may be imposed under the PPACA for an employer's failure to meet the applicable shared responsibility requirements
                                        • Calculate the tax credits for which a small employer may be eligible for providing employee health insurance coverage.

                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        • Enrolled Agents (EAs)
                                        • Other Tax Return Preparer (OTRP)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA
                                        IRS
                                        CTEC
                                        $19.00 each Add to cart

                                        Affordable Care Tax Individual Rights and Responsibilities

                                        • Credits: 2
                                        • Format: Interactive Self-Study eBook
                                        • Field of Study: Federal Tax Law
                                        • Author: Paul Winn
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Overview
                                        Program Prerequisites:General Understanding of Taxes
                                        Course ID:EWTFM-T-02180-23-S | 6233-CE-0893 | PW-701.23
                                        Published Date:Author Updated: 1/2023 | Registered for 2023

                                        COURSE DESCRIPTION

                                        By changing many of the rules traditionally applicable to health insurance and imposing healthcare-related requirements on virtually every individual, the Patient Protection and Affordable Care Act (PPACA) is likely to affect virtually
                                        every person in the United States in some way. The Patient Protection and Affordable Care Act (PPACA) imposes various tax increases to generate revenue and uses a carrot-and-stick approach to ensure individuals comply
                                        with its provisions by offering tax credits for compliance and, until 2019, by imposing tax penalties for non-compliance.


                                        Topics include:

                                        This course will review the principal provisions of the law affecting individuals and will consider the:

                                        • Coverage-related provisions of the PPACA addressing –
                                        • Plan grandfathering under which health coverage in force at the time of the law's passage may be continued
                                        • The prohibition of pre-existing condition exclusions
                                        • The prescription of lifetime and annual benefit limits
                                        • The limitation of health coverage rescissions
                                        • The requirement for certain patient protections, and
                                        • The requirement that plans to cover children extend child coverage until the age 26
                                        • Various personal income tax changes affecting taxpayers; and
                                        • Tax credits are authorized under the law to assist taxpayers by helping them purchase and maintain health insurance coverage.

                                        Learning Objectives:

                                        Upon completion of this course, you should be able to:

                                        • List the principal healthcare provisions of the PPACA affecting individuals
                                        • Identify those individuals who may be exempt from the individual mandate; and
                                        • Calculate the tax credits designed to help ensure that individuals can purchase and maintain health insurance coverage.
                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        • Enrolled Agents (EAs)
                                        • Tax Return Preparers (TRPs)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA
                                        IRS
                                        CTEC
                                        $89.00 each Add to cart

                                        Annual Tax Season Update 2024

                                        • Credits: 9
                                        • Format: Interactive Self-Study eBook
                                        • Field of Study: Federal Tax Update
                                        • Author: Paul Winn
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Intermediate
                                        Program Prerequisites:General Understanding of Taxes
                                        Course ID:EWTFM-U-02211-23-S | 6233-CE-0927 | PW-826.24
                                        Published Date:Author Updated: 6/2023 | Registered for 2023
                                        COURSE DESCRIPTION

                                        Each year, income tax return preparation must consider inflation-related changes to various limits and new tax laws. This course will look at those changes and new laws to provide valuable information to persons preparing
                                        individual 1040 income tax returns. The Annual Tax Filing Season Update course discusses new tax law and recent updates for the tax filing season, provides a general tax review, and examines important rules governing tax return
                                        preparer ethics, pactices, and procedures.

                                        Learning Objectives:

                                        After reading the course material, you will be able to:

                                        • Identify the principal individual income tax changes brought about by recent legislation;  
                                        • Apply the inflation-adjusted and other limits to the proper preparation of taxpayers’ income tax returns;
                                        • Recognize the federal income tax filing statuses and the criteria for their use;
                                        • Identify the types of income that must be recognized;
                                        • Apply the tax rules to the various credits and adjustments to income that are available to taxpayers; 
                                        • Recognize the penalties that may be imposed on a preparer for failing to meet ethical and practice standards in preparing tax returns; and
                                        • Identify the duties and restrictions imposed on tax preparers under Circular 230.

                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        • Enrolled Agents (EAs)
                                        • Other Tax Return Preparer (OTRP)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA
                                        IRS
                                        CTEC
                                        $19.00 each Add to cart

                                        Asset Protection (Mini)

                                        • Credits: 2
                                        • Format: Interactive Self-Study eBook
                                        • Field of Study: Federal Tax Law
                                        • Author: Danny Santucci
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Overview
                                        Program Prerequisites:General understanding of federal income taxation
                                        Course ID:EWTFM-T-02027-23-S | 6233-CE-0757 | DS-203.23U
                                        Published Date:Author Updated: 2/2023 | Registered for 2023
                                        COURSE DESCRIPTION

                                        The current litigation explosion has created tremendous Interest in asset protection. Not only does this area have financial and estate aspects but it directly impacts tax planning. This course is designed to survey opportunities for asset protection that can arise during tax planning and to determine how to properly report such transactions.

                                        Learning Objectives:

                                        After reading the course material, you will be able to:

                                        • Recognize misconceptions about and the main reasons for asset protection, determine fraudulent transfers state how to structure asset protection planning transfers so that they are not fraudulent, identify goals associated with
                                          undertaking asset protection measures, and specify how life insurance can be used as an asset protection vehicle.
                                        • Identify how the various types of entities relate to asset protection and how the various types of joint ownership of property and various trusts directly impact asset protection and tax liability.
                                        • Determine the concepts of common law property, community property, and equitable ownership specifying which states base distribution laws on those concepts, specify asset division principles, and recognize premarital and post-nuptial
                                          agreements and how they can be used to advise clients in individual asset protection.

                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        • Enrolled Agents (EAs)
                                        • Other Tax Return Preparer (OTRP)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA
                                        IRS
                                        CTEC
                                        $169.00 each Add to cart

                                        Asset Protection Tax and Financial Aspects

                                        • Credits: 17
                                        • Format: Interactive Self-Study eBook
                                        • Field of Study: Federal Tax Law
                                        • Author: Danny Santucci
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Basic 
                                        Program Prerequisites:General Understanding of Taxes
                                        Course ID:EWTFM-T-02209-23-S | DS-605.23 | 6233-CE-0925
                                        Published Date:Author Updated: 4/19/2023 | Registered for 2023
                                        COURSE DESCRIPTION

                                        This informative course covers traditional planning tools and their utilization to protect assets. The Uniform Fraudulent Conveyance Act, the Bankruptcy Code, and various aspects of the tax law are highlighted in describing asset protection aspects of corporations, partnerships, limited liability companies, family partnerships, trusts, retirement plans, insurance products, and other conventional tools. Special topics include protection against lawsuits, costs of long-term illness, divorce settlements, foreign asset protection trusts, statutory protections, homestead provisions, exempt assets, cancellation of indebtedness taxation, and marital agreements.

                                        Topics include:
                                        • Introduction to Asset Protection
                                        • Insurance 
                                        • Asset Placement
                                        • Bankruptcy
                                        • Avoiding Tax on Debt Cancellation & Foreclosure
                                        • Divorce Settlements and Divisions
                                        • Protecting Assets from Old Age and Catastrophic Illness

                                        Learning Objectives:

                                        After reading the course material, you will be able to:

                                        • Specify the goals and purposes of asset protection, the objections some people have about shielding assets from creditors, and reasons for asset protection.
                                        • Identify situations that can unexpectedly put assets and financial security at stake and the common sources of lawsuits.
                                        • Recognize the author's concept of exploding and imploding liability how dealing with them is necessary for a complete asset protection plan, and the concepts of insurance, asset placement, and statutory protections when applied to asset protection.
                                        • Specify the types of creditors associated with asset protection and fraudulent transfers recognizing their salient characteristics.
                                        • Identify the fraudulent transfer provisions which protect current and future creditors, the badges of fraud in the Uniform Fraudulent Transfer Act, applicable statutes of limitation, potential criminal penalties associated with fraudulent transfers, and the differences between fraudulent asset transfers and permissible asset transfers.
                                        • Determine net worth using a balance sheet, identify asset values, and show the preparation of a balance sheet in the context of determining the depth and scope of suitable asset protection planning.
                                        • Identify characteristics of homeowner's, automobile, and disability insurance and what asset protection they may offer.
                                        • Specify persons in which rights are placed by life insurance and reasons to purchase life insurance and the benefits, uses, and types of life insurance, identify variables that influence when life insurance is taxable for federal estate tax purposes, and cite reasons for establishing an irrevocable life insurance trust in order to achieve several estate tax planning advantages.
                                        • Determine what constitutes an annuity and the types and characteristics of annuities specifying their tax advantages and disadvantages.
                                        • Identify entity purchase and cross-purchase agreements recognizing tax and legal advantages and pitfalls.
                                        • Recognize ways to hold property, what taxpayers must do before beginning an asset protection program, and the advantages and disadvantages of holding property individually and through a sole proprietorship specifying how these pitfalls can be avoided. 
                                        • Identify guidelines that corporate business owners should follow to protect their corporations, issues regarding potential personal liability for shareholders, officers, and directors, protection ideas for corporate business owners, and §469 passive loss restriction considerations.
                                        • Specify the advantages and disadvantages of using a corporation in asset protection planning, the differences among categories of C Corporations, recognize the importance of S corporations and their estate tax planning advantages and determine the advantages and disadvantages of transferring farmland to a corporation.
                                        • Identify testamentary trusts, living trusts recognizing subcategories of trusts, and changes necessary when used for asset protection.
                                        • Determine how different trusts are taxed with regard to income tax, estate tax, and gift tax, identify the grantor trust rules and the effect of the treatment on owners for income tax purposes, and specify the tax consequences of several trust types.
                                        • Recognize the various types of co-tenancy and their impact on asset protection and tax liability.
                                        • Identify partnerships and their types, ways that partnerships may be better than corporations from an estate-planning viewpoint, how partnerships are taxed, how estate freezing works to minimize death taxes, and the structuring of family partnerships. 
                                        • Specify the advantages and disadvantages of a limited liability company (LLC), the problems associated with its newness, and how professional firms, joint ventures, and families can benefit from establishing LLCs.
                                        • Recognize how retirement plans can be used to provide substantial lifetime benefits to a business owner and employees while simultaneously providing asset protection.
                                        • Identify important characteristics of custodianship and estates as asset protection tools.
                                        • Determine how the 2005 Bankruptcy Act changed procedures, qualifications, and tax law, and identify the most common bankruptcy types recognizing their influence on how an individual or business “goes bankrupt.”
                                        • Specify the rules for automatic stay and levy and their impact on “freezing” creditor activity, tax assessment, and collection.
                                        • Identify the differences between preferential and nonpreferential payments specifying the priority of creditor claims.
                                        • Recognize when debt is discharged under various bankruptcy types and how to establish an individual bankruptcy estate determine its taxable income and filing requirements, and identify the special rules that apply to individual debtors, partnership bankruptcies, and corporate bankruptcies.
                                        • Specify debts covered under homesteading, and determine permissible garnishment amounts recognizing special garnishment rules.
                                        • Recognize the effect that debt cancellation has on net worth and potential income inclusion from cancellation of indebtedness income, and specify exceptions to the general income inclusion rule and their tax impact.
                                        • Identify tax attribute reductions and their application when reducing canceled debt, cite the special basis reduction rules, recognize the depreciable property election in reducing the basis of depreciable property before reducing any other tax attributes, determine what constitutes individual, partnership, and S corporation bankruptcy, and specify the variables used in determining whether shares of stock issued to a creditor are nominal or token.
                                        • Determine gain or loss resulting from foreclosure or repossession identify reporting and filing requirements, specify the timing and character of the gain or loss, and cite the hidden income tax danger of directly or indirectly acquiring one's own debt at a discount.
                                        • Identify the formats that courts typically follow if a couple does not have a premarital agreement and post-nuptial and premarital agreements including how they relate to divorce settlements and divisions.
                                        • Determine the application of  §1041 to interspousal transfers, the tax trap of deferred tax liability, and the transferor’s and transferee’s property basis under §1041(b).
                                        • Specify the deferred gain or loss associated with selling an interest in the marital residence, recognize the application of §1041 to selected business, retirement, and investment assets, and identify conditions that must be met for a like-kind exchange to be nontaxable.
                                        • Recognize tax consequences resulting from the division of certain types of property between spouses or former spouses incident to divorce, and identify the elements of a Qualified Domestic Relations Order (QDRO).
                                        • Specify ways to manage an incompetent person’s estate, determine joint tenancy and its benefits, and identify the levels of conservatorship that can influence assistance in the management and protection of an estate and/or personal care.
                                        • Recognize the concept of durable power specifying how to maximize its use, and identify funded revocable living trust variations and their advantages.
                                        • Determine eldercare benefits of Medicare and Medicaid, countable income, and asset groups under Medicaid.
                                        • Identify possible health care decisions such as having a living will, determine the distinctions between Supplemental Security Income and Social Security disability benefits, identify asset groups for SSI, and specify requirements for SSI and Social Security disability benefits.

                                        Who Should Attend:
                                        • All Certified Public Accountants (CPAs)
                                        • Enrolled Agents (EAs)
                                        • Other Tax Return Preparer (OTRP)

                                        Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                        NASBA
                                        IRS
                                        CTEC
                                        $139.00 each Add to cart

                                        Assets, Income and Cash

                                        • Credits: 14
                                        • Format: Interactive Self-Study eBook
                                        • Field of Study: Federal Tax Law
                                        • Author: Danny Santucci
                                        Available Formats:
                                        Advanced Preparation:None
                                        Experience Level:Basic 
                                        Program Prerequisites:General Understanding of Taxes
                                        Course ID:EWTFM-T-02208-23-S | DS-604.23 | 6233-CE-0924
                                        Published Date:Author Updated: 4/18/2023 | Registered for 2023
                                        COURSE DESCRIPTION

                                        This presentation integrates federal taxation with overall financial planning. The course will explore tax strategies relating to the central financial tactics of wealth building, capital preservation, and estate distribution. The
                                        result is a unified explanation of tax economics that will permit the tax professional to locate, analyze, and solve financial concerns. Designed to improve the quality of services to clients and the profitability of engagements,
                                        this program projects the accountant into the world of financial planning. This course will give the participant practice in analyzing problems, developing solutions, and presenting final personal financial plans to clients. The
                                        emphasis is on practical simplicity in dealing with the self-employed and highly compensated individual.

                                        Topics include:
                                        • Financial Tax Planning
                                        • Building an Estate
                                        • Preservation of Wealth
                                        • Deferral
                                        • Reduction
                                        • Income Splitting
                                        • Elimination
                                        • Estate Planning

                                        Learning Objectives:
                                        After reading the course material, you will be able to:
                                        • Identify short-term financial goals and investment purposes, recognize the importance of defining, listing, and prioritizing realistic goals specifying how investing allocation changes with age.
                                        • Determine the tax consequences of title-holding methods by:
                                          • Specifying  ways to hold title to assets starting with the simplest and most direct way to hold property;
                                          • Cite the tax benefits and drawbacks of co-tenancies, corporations (both C & S), partnerships, qualified retirement plans, and trusts particularly as they relate to a client's after-tax investment return; and
                                          • Identifying custodianship under the uniform Acts and determining how an estate can be tax beneficial to taxpayers.
                                        • Recognize the impact of retirement planning postponement identifies the importance of early planning using the author's suggested step process, specify a balance sheet method to plan retirement, determine how to diversify portfolios
                                          by balancing liquid and nonliquid assets, and identify the purpose of savings and strategies to save.
                                        • Identify money management specifying income types, recognize causes of increased taxable income for itemizing taxpayers, and specify taxable income types and their proper reporting.
                                        • Determine the distinctions between tax-free municipal bonds from fringe benefits in generating tax-free income, cite the benefits of tax deferral, and identify tax-deferred investments.
                                        • Specify ways to shelter income stating how income sheltering amplifies investment return.
                                        • Recognize the budgeting of income into cash by containing expenditures with the author's step process and discretionary income development, identify a client’s negative outlook on budgeting and counter strategies, determine how
                                          to convert income into assets by purchasing investments, and specify asset acquisition rules.
                                        • Specify tax-advantaged investments citing management rules, and determine the economic impact of accelerating deductions, postponing tax liability, and leveraging.
                                        • Identify the benefits of tax deferral, recall the former use of tax deferral under §1034, and cite the tax deferral advantage under §1031 listing its elements.
                                        • Specify the related party §1031 restrictions identifying prohibited parties or entities and permissible disposition exceptions, cite recommendations for the protection of exchange participants, and recognize the history of the
                                          multiple property regulations stating the unique netting requirements for multiple asset exchanges.
                                        • Recall the evolution of delayed exchanges naming allowable transfers, determine how to select qualified replacement property, specify constructive receipt safe harbors & methods to secure exchange party performance, cite the
                                          §1031 partnership underlying asset rule, identify retirement plan design, identify popular methods for providing for retirement, and select near retirement investments.
                                        • Specify the requirements for an installment sale, determine how to elect out of the installment method, identify the variables affecting §453 availability, and determine how to use a property option to receive income and postpone
                                          tax.
                                        • Identify tax credits specifying qualified computational expenses, limitations, and restrictions.
                                        • Recognize the estimated tax rules and procedures including payment deadlines, underpayment penalties, and the economics of overpaying estimated taxes, and specify the nondeductible interest types.
                                        • Determine the deductibility of investment interest, prepaid interest, points, and prepayment penalties recognizing the offset of passive income with rental property mortgage interest.
                                        • Identify business vehicle operating costs using (or switching between) the actual cost method or the standard mileage rate, recognize the importance of expense and mileage records and specify depreciation traps when purchasing
                                          a vehicle.
                                        • Recall the requirements for business expenses to meet the directly related test, cite the elements of the associated test, identify the business expense statutory exceptions, and recognize the application of R.R. 90-23 and R.R.
                                          99-7 to the deduction of transportation costs to a temporary work location.
                                        • Determine business asset depreciation using both ACRS and MACRS recovery classes, identify sources of §172 net operating losses (NOLs) recognizing carryback and carryover rules, specify tax breaks for nonitemizing taxpayers, recognize
                                          the advisability of filing an amended return, determine how to avoid audits by claiming refunds for provable items stating which return amendments are safest.
                                        • Recognize formats for income splitting, determine the tax treatment of employee and self-employed business expenses particularly home-office expenses stating the two non-exclusive use exceptions and the income limitation, citing
                                          changes made to home office deductions under TRA ’97, and recognize the ability of self-employed to make annual deductible contributions to a Keogh plan.
                                        • Identify the tax opportunities available to an unincorporated business including retirement plans, the hiring of family members, travel expenses, casualty losses, bad debts, and self-employment tax.
                                        • Determine the uses and tax characteristics of regular and S corporations by:
                                          • Citing circumstances when incorporation is desirable,
                                          • Recognizing the taxation of these entities including their ability to split income; and
                                          • Specifying initial §351 formation and capitalization issues and identifying appropriate tax form filings for each entity.
                                        • Recognize the use of partnerships to split income among partners including the use of §704(e) family partnerships and the consequences of gifting a partnership interest to a child or another family member.
                                        • Identify the use of custodianship to split income specifying planning considerations and good investments for children, recognize deductions and credits for childcare, education, children, and §7872 loans, and specify the income
                                          and later estate tax benefits of gifts.
                                        • Identify tax elimination techniques by:
                                          • Recognizing the current §121 home sale exclusion citing its differences with prior tax law;
                                          • Determining qualifications for tax-free state or local obligations including private activity bonds; and
                                          • Specifying the tax elimination aspects of family transactions such as gifts, bequests, inheritances, life insurance, and even divorce.
                                        • Recognize employer deductions as a means to increase tax-free incentive-based compensation for employees by:
                                          • Specifying rules for excluding fringe benefits under §132 and their proper reporting on the W-2; and
                                          • Identifying popular employee fringe benefits including employer-paid accident & health coverage, meals or lodging, cafeteria plan benefits, §127 education assistance, achievement awards, group life insurance, and dependent
                                            care assistance.
                                        • Determine how to value fringe benefits according to IRS regulations, identify how to comply with ERISA requirements, specify the proper reporting of reimbursed and unreimbursed business expenses under accountable and nonaccountable
                                          plans, determine the substantiation of auto expenses using a fixed and variable rate, and specify eligible retirement benefits exempt from social security taxes.
                                        • Identify estate planning for business clients by:
                                          • Selecting elements of estate tax planning that have remained unchanged by recent legislation;
                                          • Recognizing the unlimited marital deduction and its effect on the gross estate of the value of property; and
                                          • Specifying the applicable exclusion amounts for various years of death.
                                        • Determine the differences between “stepped-up basis” and repealed “modified carryover basis” for estate tax purposes.
                                        • Specify estate planning goals and the benefits and drawbacks of the primary dispositive plans.
                                        • Identify the various types of trusts, specify family documents that every taxpayer should consider, and determine the advantages and disadvantages of the former private annuity format.
                                        Who Should Attend:

                                        • All Certified Public Accountants (CPAs)
                                        • Enrolled Agents (EAs)
                                        • Other Tax Return Preparer (OTRP)


                                          Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                          NASBA
                                          IRS
                                          CTEC
                                          $19.00 each Add to cart

                                          Assets, Income and Cash (Mini)

                                          • Credits: 2
                                          • Format: Interactive Self-Study eBook
                                          • Field of Study: Federal Tax Law
                                          • Author: Danny Santucci
                                          Available Formats:
                                          Advanced Preparation:None
                                          Experience Level:Basic
                                          Program Prerequisites:General Understanding of Taxes
                                          Course ID:EWTFM-T-02203-23-S | 6233-CE-0916 | DS-603.23
                                          Published Date:Author Updated: 2/2023 | Created: 2/2023
                                          COURSE DESCRIPTION

                                          This mini-course integrates federal taxation with overall financial planning. The course explores tax strategies relating to the central financial tactics of wealth building, capital preservation, and estate distribution. The result is a unified explanation of tax economics that will permit the tax professional to locate, analyze, and solve financial concerns. Designed to improve the quality of services to clients and the profitability of engagements, this program projects the accountant into financial planning.

                                            Learning Objectives:

                                            After reading the course material, you will be able to:

                                            • Identify investment purposes and retirement misconceptions, the multi-step retirement process, and the elements of investment planning.
                                            • From a tax perspective, determine income types to be budgeted into cash so that income-producing assets can be acquired and managed for an effective investment plan.
                                            • Recognize the means of achieving tax deferral through like-kind exchanges, retirement plans, and installment sales, and specify the double financial benefit of exchanging through tax postponement and possible tax elimination.
                                            • Determine how to use tax credits, estimated taxes, and basic deductions to effectively reduce federal income tax and increase discretionary income for investment purposes.
                                            • Specify formats for income splitting that can benefit taxpayers by lowering overall taxes as a unit and permitting wealth and tax allocation among individuals or entities.
                                            • Identify the tax benefits of the $500,000 home sales exclusion, municipal bonds, divorce and separation settlements, gifts and inheritances, life insurance, fringe benefits, and Social Security to eliminate tax on the realized gain and ordinary income.

                                            Who Should Attend:
                                            • All Certified Public Accountants (CPAs)
                                            • Enrolled Agents (EAs)
                                            • Other Tax Return Preparer (OTRP)

                                            Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                            NASBA
                                            IRS
                                            CTEC
                                            $19.00 each Add to cart

                                            Auto Rules (mini)

                                            • Credits: 2
                                            • Format: Interactive Self-Study eBook
                                            • Field of Study: Federal Tax Law
                                            • Author: Danny Santucci
                                            Available Formats:
                                            Advanced Preparation:None
                                            Experience Level:Basic
                                            Program Prerequisites:General Understanding of Federal Income Taxation
                                            Course ID:EWTFM-T-02029-23-S | 6233-CE-0739 | DS-205.23
                                            Published Date:Registered for 2023
                                            COURSE DESCRIPTION

                                            Operating costs for vehicles used in the course of a taxpayers business are deductible. Thus, when taxpayers use their vehicles in their businesses or employment, they can deduct that portion of the cost of operating their vehicle.
                                            Such costs that can be deducted are property taxes that are paid on their vehicle if deductions are itemized on Schedule A. This mini-course reviews apportionment of personal and business use, the actual cost method, the standard
                                            mileage method, and expensing. Moreover, this presentation informs practitioners about topics such as the benefits and costs of leasing versus owning, and working condition fringe benefits.

                                            Learning Objectives:

                                            After reading the course material, you will be able to:

                                            • Recognize tax vehicle depreciation (168) and expensing (179) methods including their requirements and limitations under MACRS and recognize basis, business use, and deduction computations.
                                            • Specify the predominant business use rule recognizing the result of less than 50% qualified business use, cite the pros and cons of auto leasing, and determine how to estimate monthly lease payments indicating what factors affect
                                              payments so clients may recognize leasing costs and know common leasing terms.
                                            • Identify items included under the standard mileage method listing items that may be separately deducted, determine the taxable fringe benefit value of an employer-provided automobile using the general and special valuation methods
                                              and specify several qualified nonpersonal use vehicles stating what reporting standards apply.

                                            Who Should Attend:
                                            • All Certified Public Accountants (CPAs)
                                            • Enrolled Agents (EAs)
                                            • Other Tax Return Preparer (OTRP)

                                            Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                            NASBA
                                            IRS
                                            CTEC
                                            $19.00 each Add to cart

                                            Bankruptcy Tax Issues (Mini)

                                            • Credits: 2
                                            • Format: Interactive Self-Study eBook
                                            • Field of Study: Federal Tax Law
                                            • Author: Danny Santucci
                                            Available Formats:
                                            Advanced Preparation:None
                                            Experience Level:Overview
                                            Program Prerequisites:General understanding of federal income taxation
                                            Course ID:EWTFM-T-02030-23-S | 6233-CE-0758 | DS-206.23U
                                            Published Date:Author Updated: 2/2023 | Registered for 2023
                                            COURSE DESCRIPTION

                                            The Bankruptcy Abuse Prevention and Consumer Protection Act was enacted to minimize abuse of the bankruptcy system. Included in this Act were tax law changes and other changes that individuals, partnerships, and corporations will see in the bankruptcy procedures and qualifications. This course both examines these changes that debtors will face when filing for federal bankruptcy and also explores the many tax issues of bankruptcy. Practitioners will also learn about other issues such as homesteading and garnishment by creditors.

                                            Learning Objectives:

                                            After reading the course material, you will be able to:

                                            • Identify changes made by the 2005 Bankruptcy Act, the common types of bankruptcy, and filing qualifications.
                                            • Determine the impact of an automatic stay, the treatment of preferential transfers, the priority of claims, and the discharge of debts. 
                                            • Recognize the creation and taxation of an individual bankruptcy estate specifying partnership & corporate bankruptcy differences.
                                            • Identify the scope of and special rules for homesteading and garnishment

                                            Who Should Attend:
                                            • All Certified Public Accountants (CPAs)
                                            • Enrolled Agents (EAs)
                                            • Other Tax Return Preparer (OTRP)

                                            Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                            NASBA
                                            IRS
                                            CTEC
                                            $39.00 each Add to cart

                                            Basic Fringe Benefits (Mini)

                                            • Credits: 4
                                            • Format: Interactive Self-Study eBook
                                            • Field of Study: Federal Tax Update
                                            • Author: Danny Santucci
                                            Available Formats:
                                            Advanced Preparation:None
                                            Experience Level:Overview
                                            Program Prerequisites:

                                            General understanding of federal income taxation.

                                            Course ID:EWTFM-U-02031-23-S | 6233-CE-0759 | DS-309.23U
                                            Published Date:Author Updated: 2/2023 | Registered for 2023
                                            COURSE DESCRIPTION

                                            This course is an overview of basic fringe benefits and examines their mechanics, compensation methods, valuation, withholding, and accounting. Achievement awards, term life insurance, medical reimbursement, meals and lodging, educational
                                            assistance, dependent care, employer-provided automobiles, interest-free loans, etc. are identified. Employer and employee economic and tax considerations are recognized. Fringe benefit requirements and limits are specified and
                                            ERISA compliance requirements are determined.

                                            Learning Objectives:

                                            After reading the course material, you will be able to:

                                            • Recognize basic fringe benefit planning by determining income under 61, and identify the differences between former nonstatutory and current statutory fringe benefits created by recent cases, rulings, and tax law changes.
                                            • Specify the mechanics of typical fringe benefits, determine the fair market value of a fringe benefit under the general valuation rule or the special valuation rules, and identify the general accounting rule and the special two-month
                                              pour-over accounting rule.
                                            • Identify an employee achievement award under 274, and recognize the rules for group term life insurance under 79 stating how to implement proper coverage.
                                            • Determine the mechanics of self-insured medical reimbursement plans under 105, and specify the requirements of medical insurance under 106 identifying differences.
                                            • Identify the rules for excluding the value of meals and lodging under 119, and cafeteria plans and how they operate.
                                            • Recognize the requirements and limits of employee educational assistance programs and dependent care assistance specifying how to obtain each type of assistance.
                                            • Identify no-additional-cost services and determine what property or services are excludable from income as qualified employee discounts under 132(c), and specify exceptions to working condition fringes and de minimis fringes.
                                            • Determine the requirements for qualified transportation fringe benefits under 132(f), specify valuation methods for employer-provided automobiles, and identify the qualifications for the popular physical fitness exclusion, and
                                              the requirements and benefits of adoption assistance programs.
                                            • Recognize planning services available under 132, 212, and 67, determine interest-free and below-market loans, identify child care benefits and corporate-funded educational savings accounts, specify S corporation fringe benefits,
                                              and identify ERISA compliance requirements.

                                            Who Should Attend:
                                            • All Certified Public Accountants (CPAs)
                                            • Enrolled Agents (EAs)
                                            • Other Tax Return Preparer (OTRP)

                                            Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                            NASBA
                                            IRS
                                            CTEC
                                            $19.00 each Add to cart

                                            Basic Marital Tax Matters (Mini)

                                            • Credits: 2
                                            • Format: Interactive Self-Study eBook
                                            • Field of Study: Federal Tax Update
                                            •  
                                            • Author: Danny Santucci
                                            Available Formats:
                                            Advanced Preparation:None
                                            Experience Level:Basic
                                            Program Prerequisites:General Understanding of Federal Income Tax
                                            Course ID:EWTFM-U-02032-23-S | 6233-CE-0760 | DS-208.23U
                                            Published Date:Author Updated: 2/2023 | Registered for 2023
                                            COURSE DESCRIPTION

                                            In this mini-course, initial marital tax matters such as living together, property rights, premarital agreements, filing status, exemptions, and dependents are explored. The detailed support test for children of divorced or separated
                                            parents, the tax treatment of back child support, the deduction of divorce costs, and estimated tax payments are reviewed. Emphasis is given to marital property rules, married versus unmarried tax rate comparison, head of the household
                                            status, and treatment of refunds and deficiencies.

                                            Topics include:
                                            • Marital status
                                            • Joint return
                                            • Separate returns
                                            • Head of household
                                            • Exemptions
                                            • Divorce costs
                                            • Withholding and estimated tax
                                            • Community property states
                                            • Ending the community
                                            • Living together

                                            Learning Objectives:

                                            After reading the course material, you will be able to:

                                            • Identify marital status and the effect marital status has on filing status, cite the tax advantages and disadvantages of filing status, and, specify the requirements for filing as head of household and the exemptions associated
                                              with spouses and dependents.
                                            • Recognize the differences between custodial and non-custodial parents including how the status affects dependency, identify the application of special support rules, and specify the dependent child's income standards.
                                            • Determine common law and community property specifying their effect on marital and divorce planning, and identify the circumstances when payments qualify as 71 alimony.

                                            Who Should Attend:
                                            • All Certified Public Accountants (CPAs)
                                            • Enrolled Agents (EAs)
                                            • Other Tax Return Preparer (OTRP)

                                            Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
                                            NASBA
                                            IRS
                                            CTEC
                                            $239.00 each Add to cart

                                            Business Taxation for the Business Owners

                                            • Credits: 24
                                            • Format: Interactive Self-Study eBook
                                            • Field of Study: Federal Tax Law
                                            • Author: Danny Santucci
                                            Available Formats:
                                            Advanced Preparation:None
                                            Experience Level:Basic
                                            Program Prerequisites:General understanding of federal income taxation
                                            Course ID:EWTFM-U-02033-23-S | DS-108.23U1 | 6233-CE-0923
                                            Published Date:Author Updated: 4/21/2023 | Registered for 2023
                                            COURSE DESCRIPTION

                                            Americans who want to be their boss are not entirely on
                                            their own. They have a rich uncle - Uncle Sam - who is there to help, as well
                                            as to make demands. The nation's tax laws are intended to encourage people to
                                            start new businesses and are chock full of incentives and tax breaks, as well
                                            as sometimes onerous reporting requirements.

                                            This course is a fast-paced and entertaining guide through
                                            tax issues affecting business entities and their owners. The focus of this
                                            class is on tax devices and techniques available to small business owners.
                                            Emphasis will be given to operational deductions, fringe benefits,
                                            compensation, family income splitting, retirement plans, and estate planning.

                                            Topics include:
                                            • Structure, Reporting & Accounting
                                            • Business Income, Credits & Assets
                                            • Selected Business Expenses
                                            • Employee Compensation & Benefits
                                            • Automobiles
                                            • Business Travel & Entertainment
                                            • Retirement Plans
                                            • Insurance
                                            • Estate Planning

                                            Learning Objectives:

                                            After reading the course material, you will be able to:

                                            • Recognize sole proprietorships, partnerships, and corporations as organizational formats for new and existing businesses.
                                            • Identify how the choice of entity relates to the type of records to keep, listing issues related to substantiation and documentation.
                                            • Specify available accounting periods and methods and the methods for identifying and valuing inventory items.
                                            • Identify the various types of income and their implications, including the hidden income tax dangers of cancellation of indebtedness income, tax recoveries, and depreciation recapture.
                                            • Specify the existing basic business and investment tax credits, naming their tax requirements, and business asset types that affect the character of gain or loss, and recognize the tax treatment on the disposition of business assets, including non-recognition transfers and §1231 as-sets.
                                            • Recognize the importance of §162 in deducting and substantiating business expenses and costs and specify the implications of the deduction timing and limits specifying the treatment of not-for-profit activities.
                                            • Identify conditional sales contracts, leveraged leases, and true leases, and determine how to qualify for rent expense deductions including through leasehold improvements.
                                            • Specify the various forms of interest expense under §163(a) recognizing related reporting and filing issues, and identify the distinctions between deductible and nondeductible interest.
                                            • Recognize deductions for real estate, state, and local taxes and list deductions for home office use, research and experimentation costs, barrier removal, and mine development.
                                            • Identify the various forms of tax treatment under the concepts of depreciation and amortization, including the effect on amortization of §197.
                                            • Determine the differences between cost depletion and percentage depletion as a means of accounting for the reduction of a product’s reserves.
                                            • Specify the types of bad debt and their effect on accounting and the various methods for dealing with bad debt.
                                            • Recall MACRS classifications, cite the recapture provisions and exceptions, and identify the alternative depreciation system.
                                            • Specify the common-law rules used by the IRS to determine whether a person is an employee for purposes of FICA, FUTA, and federal income tax withholding.
                                            • Identify the tests for wages to be deductible and how excluded fringe benefits can result in more employer deductions and incentive-based compensation to employees.
                                            • Recognize the use of deferred compensation agreements including the basic types of nonqualified deferred compensation, and the tax consequences related to these plans.
                                            • Identify the apportionment of business and personal use of an automobile, including deduction limitations, and specify the various depreciation methods such as MACRS and §179 expensing.
                                            • Recognize personal auto leasing, its advantages and disadvantages, and the various kinds of leasing arrangements that can be used, such as closed-end or open-end leases.
                                            • Recall the standard mileage method listing its limitations and identifying the various working condition fringe benefits including their impact on the gross income of employees.
                                            • Identify the various valuation methods used in determining the actual value of an employee’s personal use of an automobile specifying the reporting options available to the employer.
                                            • Identify deductible business travel expenses by:
                                              • Specifying the differences between transportation and travel to benefit from the appropriate business tax deduction;
                                              • Recalling IRS definitions of a taxpayer's tax home for travel and transportation purposes;
                                              • Recognizing how time acts as a critical factor in distinguishing a temporary from an indefinite job assignment; and
                                              • Specify the distinctions between business and non-business days.
                                            • Determine the factors asso