Auditors go to great lengths to document, test and fine-tune their journal entry processes to meet compliance requirements and adhere to industry standards. Journal entries are most susceptible to fraud and material errors. This one-hour webcast provides specific steps you can take to transform your journal entry testing approach to a data-driven one to analyze 100% of the underlying data.
Bonus: Each Webcast includes data files to practice your new data-driven audit skills!
One Hour; 20 Minutes (1.5 CPE)
12:00 PM - 1:20 PM Central
Al Anderson, CPA
President, ACCOUNTability Plus, LLC
Al is the President of ACCOUNTability Plus, LLC, a global leader in accounting and assurance advancement. He is the Founder of A&A Leaders Leagues, a collaboration of leaders redefining A&A for the future. He is a frequent speaker and educator who works directly with auditors and firms to transform their A&A services. Over his career spanning more than three decades, Al worked from staff auditor to Senior Vice President at the AICPA before creating ACCOUNTability Plus, LLC. He continues to participate in “Auditing in the Future” initiatives and is committed to his vision of redefining A&A.
After completing this training, participants will learn:
Identify data-driven audit opportunities for journal entries
Analyze journal entry patterns to search
Apply data analytics to search for unauthorized journal entries by person, time-stamp analysis, date-stamp analysis and size threshold analysis
Perform journal entry frequency analysis to compare monthly and yearly trends
Audimation Services, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of the continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org
CPAs may contact us by email at [email protected] to receive promotional materials containing details on the required elements of the National Registry of CPE Sponsors.