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Title : Jeff Sailor’s Audit Update & Review 2025 (3CR)

Instructors :  Jeffrey L. Sailor, CPA


Knowing the accounting principles is only half the story for most accountants in public accounting. You must also understand the myriad of rules relating the reporting requirements for audits. This course will cover the nuts and bolts of these pronouncements as well as cover the theory required to make proper decisions.


Topics will include the latest SAS updates accounting estimates and the brand new requirements for audit risk assessment with a  focus on IT Risk Assessment. Special attention will be placed on the provisions most important for compliance, including documentation. There will be an in-depth discussion on Internal Control, which has been identified as a problem area in peer review.  As a bonus, we will include our 2025 “Focus on Fraud”. In this edition, he will discuss what happened at Kraft-Heinz as well as some other cases.


Delivery Method -Group Internet Based Webcast

Length - 150 minutes of Instruction with two 10 minute breaks

Revision Date - 9/20/2025

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Field(s) of Study: Auditing

NASBA Approved

Update Level

3 Hrs

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    Learning Objectives

    Upon successful completion of this course, the participant should be able to:

    Apply the provisions for evaluation of internal control

    Describe the five components and seventeen principles of the COSO

    Apply the provisions for  risk assessment related to IT

    Describe peer review problem areas

    Apply better practice skills for documentation

    Describe the fraud that happened at Kraft-Heinz and other cases

    Level

    Update

    Prerequisites

    Basic understanding of auditing

    Advanced Preparation

    None

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Title : Analytical Procedures and Critical Thinking Skills (2CR)

Instructors :  Jeffrey L. Sailor, CPA

Analytical procedures are both required and suggested by various standards. They are required for review and audit engagements. A closely related topic is critical thinking skills, which is an area targeted in the AICPA’s Enhancing Audit  Quality Initiative.

In this in-depth course, Jeff Sailor will bring his truly unique presentation style to cover the most important aspects of performing analytical procedures as well as provide insight on critical thinking skills and how to improve your personal skills.. In addition, he will include his signature video parodies, which are designed to keep you awake and reinforce the material.

Course Level- Basic

Delivery Method- Group Internet Based Webcast

Length- 100 minutes of instruction

Revision Date- 12/27/24


Field(s) of Study: Auditing

NASBA Approved

Basic Level

2 Hrs

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    Learning Objectives

    • Identify to whom this standard applies
    • Describe the requirements for analytical procedures
    • Apply the provisions for analytical procedures
    • Describe the various facets of critical thinking
    • Apply methods to improve you critical thinking skills

    Level

    Basic

    Prerequisites

    Experience in accounting and auditing

    Advanced Preparation

    None

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Title : Accounting for Income Taxes: Step by Step Series (2CR)

Instructors :  Jeffrey L. Sailor, CPA


Jeff Sailor’s Step by Step Series was created to tackle various A&A topics using a practical approach, rather than simply going through the standards as they were written. This course will cover the tough topic of accounting for income taxes
 
Income taxes are a tough enough topic by themselves, but trying to make them make any kind of sense in financial statements is even more challenging.
In this course, Jeff takes you step by step through the process to insure that you understand both the professional as well as the practical requirements. He will cover not only the accounting and presentation, but also show you many examples to show the practical aspects.
 
In addition, Jeff will include his unique perspective and humor, including his signature video parodies, which are designed to keep you awake and reinforce the material.


Course Level- Basic
Delivery Method- Group Internet Based Webcast
Length- 100 minutes of instruction
Revision Date - 12/27/24

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Field(s) of Study: Accounting

NASBA Approved

Basic Level

2 Hrs

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    Learning Objectives

    Upon successful completion of this course, the participant should be able to:

    Describe the steps to accounting for income taxes

    Apply the recognition, measurement and presentation for current taxes

    Apply the recognition, measurement and presentation for deferred taxes

    Apply the provisions for unrecognized tax positions

    Apply the requirements for disclosures

    Level

    Basic

    Prerequisites

    Experience in accounting

    Advanced Preparation

    None

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Title : Accounting for Credit Losses: Getting to Know CECL (2CR)

Instructors :  Jeffrey L. Sailor, CPA


The accounting for credit losses has changed drastically as the result of ASU 2016-13. Some practitioners believe that this update only applies to financial institutions, but it not only applies, but will also have a major impact on most other entities as well.
 
In this course, Jeff explains the new concept of CECL and how it is used to account for credit losses. The focus of this course will be on the accounting while including just enough finance information for the standard to make sense. In addition, he will provide advice on how to coordinate the efforts of the accounting staff with that of the finance department.
 
As in all his courses, Jeff will include some levity to help you stay focused.


Course Level- Basic

Delivery Method- Group Internet Based Webcast

Length- 100 minutes of instruction

Revision Date- 12/27/24

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Field(s) of Study: Accounting

NASBA Approved

Basic Level

2 Hrs

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    Learning Objectives

    Upon completion of this course, the participant should be able to:
     
    Define CECL.
    Explain the differences between CECL and current GAAP.
    Describe various methods for applying CECL.
    Apply CECL to loans.
    Apply CECL to trade receivables.
    Apply the proper prestation.
    Explain the  general nature of required disclosures.

    Level

    Basic

    Prerequisites

    Experience in accounting

    Advanced Preparation

    None

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Title : Hospitality Accounting- KPIs, Budgeting & Internal Control (2CR)

Instructors :  Jeffrey L. Sailor, CPA


This course is covers management aspect of accounting for the hospitality industry. Topics will include key performances indicators in the hospitality industry, key ratios, forecasting and budgeting, internal control and fraud.

In additional to the exceptional content, Jeff will include his signature video parodies, which are designed to reinforce the material as well as keep your interest and put a smile on your face. 


Course Level - Basic

Delivery Method -Group Internet Based Webcast

Length - 100 minutes of Instruction with a ten minute break

Revision Date - 12/27/24

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Field(s) of Study: Accounting

NASBA Approved

Basic Level

2 Hrs

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    Learning Objectives

    Upon successful completion of this course, participants will be able to:

    Describe the essential KPIs used in the hospitality industry

    Describe the advanced KPIs used in the hospitality industry

    Describe the difference between KPIs and ratios

    Describe the common ratios used in the hospitality industry

    Describe budgeting and forecasting in the hospitality industry

    Describe methods for accurate forecasting

    Describe internal controls in the hospitality industry

    Describe common fraud schemes found in the hospitality industry


    Level

    Basic

    Prerequisites

    Basic understanding of accounting

    Advanced Preparation

    None

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Title : Focus on Fraud 2024 (1CR)

Instructors :  Jeffrey L. Sailor, CPA


Fraud is always a pervasive risk and can create serious issues in financial reporting. By studying fraud cases, the practitioner can become aware of patterns which will help to identify fraud. In this series Jeff discusses the basics of fraud as well as specific cases studies.


Jeff's 2024 edition highlights include: Theranos and Elizabeth Holmes, why you may not want to commit fraud in certain countries, and the final chapter for FTX.


As in all his courses, Jeff Sailor will bring his truly unique presentation style to cover the most important topics you need to know. He will also include a certain amount of humor designed to keep you awake and reinforce the material.


Course Level - Basic

Delivery Method -Group Internet Based Webcast

Length - 50 minutes of Instruction

Revision Date - 8/1/24


Field(s) of Study: Auditing

NASBA Approved

Basic Level

1 Hrs

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    Learning Objectives

    Upon successful completion of this course, the participant should be able to:

    Define fraud as it relates to auditing and accounting

    Describe the types of fraud

    Describe the fraud triangle

    Describe examples of fraud 

    Describe the fraud that happened at Theranos

    Describe what happened to Truong My Lan

    Describe the final chapter of FTX

    Level

    Basic

    Prerequisites

    Basic knowledge of accounting and auditing

    Advanced Preparation

    None

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Title : Introduction To Forensic Accounting (2CR)

Instructors :  Kyle Schaeffer, CPA, CFE


In this course Kyle Schaeffer will bring his practical experience to introduce the fascinating topic of forensic accounting.

You will learn about the professional standards governing this topic, investigative techniques used, practical application and reporting.

In addition, Kyle will include his unique perspective and humor, including a few surprises designed to keep you awake and reinforce the material.


Delivery Method -Group Internet Based Webcast

Length - 100 minutes of Instruction with 10 minute break

Revision Date - 11/10/2025

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Field(s) of Study: Accounting

NASBA Approved

Basic Level

2 Hrs

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    Learning Objectives

    Upon successful completion of this course, the participant should be able to:

    Describe the differences between traditional and forensic accounting

    Describe the types of forensic engagements

    Describe the ethical and professional standards

    Describe the investigative techniques

    Level

    Basic

    Prerequisites

    None

    Advanced Preparation

    None

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Title : The Theory Behind What We Do (2CR)

Instructors :  Jeffrey L. Sailor, CPA


In this webcast, you will learn about the theory of accounting, which dates all the way back to 1494. Using the FASB Conceptual Framework as a starting point, this course will help you make better decisions when preparing financial statements whether they are GAAP or any other basis of accounting.

In this course, Jeff Sailor will bring his truly unique presentation style to explain what makes financial statements useful, the elements of financial statements, the presentation of financial information and the theory behind good disclosures. Pronouncements. In addition,  Jeff will include his signature video parodies, which are designed to keep you awake and reinforce the material.

Course Level - Basic

Delivery Method -Group Internet Based Webcast

Length - 100 minutes of instruction

Revision Date - 1/14/25


Field(s) of Study: Accounting

NASBA Approved

Basic Level

2 Hrs

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    Learning Objectives

    • Describe the origins of accounting
    • Describe what makes financial statements useful
    • Identify the elements of financial statements
    • Apply the theory for proper presentation
    • Describe the theory behind proper disclosures

    Level

    Basic

    Prerequisites

    None

    Advanced Preparation

    None

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Title : Enjoyable Ethics- Chapter 2: AICPA Code of Professional Conduct (1CR)

Instructors :  Jeffrey L. Sailor, CPA



Written by Jeff Sailor and Jennifer Sailor

This course specifically meets the Ethics requirements for North Carolina and any other states which require an Ethics Course prepared by a NASBA Sponsor. Check your state for individual requirements.

This course is designed to teach you many important aspects of accounting ethics, while making it enjoyable. To do this this Jeff not only covers the typical topics, but also challenges you to think outside the box.

In this course, Jeff Sailor uses his truly unique presentation style to explain in detail various aspects of the AICPA Code of Professional Conduct.

As usual,  Jeff includes a lot of humor and a signature video parody to keep you awake and reinforce the material.

Course Level - Update

Delivery Method -Group Internet Based Webcast

Length - 50 minutes of Instruction

Revision Date - 1/14/25




Field(s) of Study: Regulatory Ethics

NASBA Approved

Update Level

1 Hrs

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    Learning Objectives

    Describe the format of the AICPA Code of Professional Conduct

    Apply the code basics that apply to all members

    Apply the requirements for members in public accounting

    Describe various violations of ethics

    Level

    Update

    Prerequisites

    Basic understanding of accounting and reporting

    Advanced Preparation

    None

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Title : Enjoyable Ethics- The 3 Credit Edition

Instructors :  Jeffrey L. Sailor, CPA

Written by Jeff Sailor and Jennifer Sailor

This course specifically meets the Ethics CPE requirements of any state which requires 1-3 credits prepared by a NASBA Sponsor. Check your state for individual requirements.

This course is designed to teach you many important aspects of accounting ethics, while making it enjoyable. To do this, Jeff covers the typical topics while challenging you to think outside the box.

Jeff Sailor uses his truly unique presentation style to explain the nature of ethics as well as why we have to review our ethics rules on a regular basis.

He covers the authoritative guidance found in the AICPA Code of Professional Conduct in detail. He also explains how to use the AICPA Conceptual Framework when faced with ethical issues, and covers independence requirements of the Code of Professional Conduct with special emphasis on nonattest services.

In addition,  Jeff  includes a lot of humor and one of his signature video parodies, which is designed to keep you awake and reinforce the material.

Course Level - Update

Delivery Method -Group Internet Based Webcast

Length - 150 minutes of Instruction

Revision Date - 1/14/25


Field(s) of Study: Regulatory Ethics

NASBA Approved

Update Level

3 Hrs

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  • More Info

    Learning Objectives

    Define ethics

    Describe types of ethics

    Identify ethical dilemmas

    Describe the source of accounting ethics

    Describe the format of the AICPA Code of Professional Conduct

    Identify the areas of ethics rules for accountants in public practice

    Identify the areas of ethics rules for accountants in business

    Describe various violations of ethics

    Apply the Conceptual Framework for ethics issues

    Identify the seven threats to independence

    Describe the five categories of independence issues

    Describe the issues related to nonattest services

    Level

    Update

    Prerequisites

    Basic understanding of accounting and reporting

    Advanced Preparation

    None

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