Jeff Sailor’s Definitive Revenue Recognition Course
Title : Jeff Sailor’s Definitive Revenue Recognition Course (4CR)
Presented By : Jefrey L. Sailor, CPA
Section 606, Revenue from Contract with customers is one of the most significant standards ever written. The impact will vary by entity, but standard will need to applied to all entities reporting under GAAP. The new standard does away with many specific rules and replaces them with a framework for revenue recognition.
Course Level- Update
Delivery Method- Group Internet Based Webcast
Length- 200 minutes of instruction
Revision Date- 12/11/21
-
More Info
Learning Objectives
Upon successful completion of this course, the participant should be able to:
Identify to whom this standard applies
Describe the five steps of the framework
Apply the provisions to identify the contract
Apply the provisions to identify the separate performance obligations
Apply the provisions to determine the transaction price
Apply the provisions to allocate the transaction price
Apply the provisions to recognize revenue as the performance obligations are satisfied
Describe the required disclosuresLevel
BasicPrerequisites
Experience in accounting
Advanced Preparation
None
Enjoyable Ethics for Florida CPAs
Title : Enjoyable Ethics for Florida CPAs (4CR)
Presented By : Jeffrey L. Sailor, CPA
Written by Jeff Sailor and Jennifer Sailor
This course specifically meets the ethics CPE requirements for Florida CPAs. Our Florida Provider Number is 0009374 and our Florida Course Number is 0028009.
To specifically meet the requirements for Florida CPAs, the course will devote at least 51% of the time to Florida rules including Chapter 455 F.S. , Chapter 473 F.S. and FL BOA Rules 61H1.
This course is designed to teach you many important aspects of accounting ethics, while making it enjoyable. To do this, Jeff will not only cover the typical topics, but will also challenge you to think outside the box.
In this course, Jeff Sailor will bring 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 will cover the authoritative guidance found in the AICPA Code of Professional Conduct in detail. He will also explain how to use the AICPA Conceptual Framework when faced with ethical issues and cover independence requirements of the Code of Professional Conduct with special emphasis on nonattest services.
In addition, Jeff will include 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 - 200 minutes of Instruction
Revision Date - 12/14/22
-
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
Describe the topics in FL 455
Describe the topics in FL 473
Describe the rules on Fl BOA Rules 61H1
Apply the provisions for reporting CPE to the FL DBPR
Level
UpdatePrerequisites
Basic understanding of accounting and reporting
Advanced Preparation
None
Jeff Sailor’s Accounting for Leases
Title : Jeff Sailor’s Accounting for Leases (4CR)
Presented By : Jeffrey L. Sailor, CPA
One of the biggest and most frustrating standard revisions involves the accounting for leases. The new lease standard, in essence, requires all leases to be recognized on the statement of position of lesees.
In this course, Jeff Sailor will bring his truly unique presentation style to explains the standard from beginning to end, including the reasons why the standard was issued. In addition, he will include his signature video parodies, which are designed to keep you awake and reinforce the material.
Course Level- Update
Delivery Method- Group Internet Based Webcast
Length- 200 minutes of instruction
Revision Date- 12/11/21
-
More Info
Learning Objectives
Upon successful completion of this course, the participant should be able to:
Identify the situations to which the standard applies
Describe the history and reasons for the standard
Identify the difference between a lease and a service contract
Identify the proper classification of a lease
Apply the provisions for initial measurement
Apply the provisions for subsequent measurement
Apply the provisions for a finance lease for a lessee
Apply the provisions for an operating lease for a lessee
Describe the required disclosure
Describe the potential impact of the standard on stakeholdersLevel
BasicPrerequisites
None
Advanced Preparation
Experience in accounting
How to Develop Your SQM Using the AICPA Practice Aid
Title : How to Develop Your System of Quality Management Using the AICPA Practice Aids (3CR)
Presented By : Jeffrey L Sailor CPA
With the issuing of the new Quality Management Standards, the AICPA requires that all CPA firms with accounting and auditing practices implement a NEW system of quality management in accordance with brand new SQMS 1. This will include not only firms who perform audits or reviews, but also firms who limit their work to preparation or compilation engagement.
While the goal is to improve overall quality in the profession, implementation may appear overwhelming for many practitioners.
To assist with the implementation, the AICPA has created practice aids designed to assist with the process of developing your new system.
In this detailed webcast Jeff walks you through every aspect of the process:
1. Where to find the practice aids
2. The proper use of the practice aids
3. Documents you are required to have
4. How to use the practice aids for documentation
5. Proper use the spreadsheet risk assessment template
6. Creation of your final documents
In addition, he offers practical advice along the way to make your job even easier.
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- Update
Delivery Method- Group Internet Based Webcast
Length- 150 minutes of instruction
Revision Date: 11/7/2023
-
More Info
Learning Objectives
Upon successful completion of this course, the participant should be able to:
Describe the purpose of the new QM standards
Identify the eight components of quality management
Describe he changes from prior standards
Apply the requirements
Identify the limitations of the practice aids
Apply the practice aids in assessing risk
Apply the standards to create a system of quality management using the AICPA practice aids
Level
UpdatePrerequisites
Basic understanding of accounting and auditing
Advanced Preparation
None
The SSARS General Principles- By the Book
Title : The SSARS General Principles - By The Book (1CR)
Presented By : Jeff Sailor
Preparation, compilation and review engagements fall under the SSARS reporting standards. Regardless of the level of engagement, all SSARS engagements fall under the SSARS General Principles. In this course, Jeff will explain the general principles required for all SSARS engagements
Topics will include ethics, engagement acceptance, compliance with requirements as well as other areas. As always, Jeff will include his unique sense of humor to help keep your attention and retain the material.
Course Level- Update
Delivery Method- Group Internet Based Webcast
Length- 50 minutes of instruction
Revision Date: 8/14/2023
-
More Info
Learning Objectives
Upon successful completion of this course, the participant should be able to:
Identify proper application of the provisions of SSARS General Principles
Identify the relevant ethics for SSARS engagements
Apply the general requirements for all SSARS engagements
Apply better practice skills
Level
BasicPrerequisites
Basic knowledge of accounting and reporting
Advanced Preparation
None
Step by Step Series-Preparing Personal Financial Statements
Title : Preparing Personal Financial Statements: Step by Step Series (2CR)
Presented By : 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 preparing personal financial statements.
Course Level- Basic
Delivery Method- Group Internet Based Webcast
Length- 100 minutes of instruction
Revision Date- 12/11/21
-
More Info
Learning Objectives
Upon successful completion of this course, the participant should be able to:
Identify professional accounting standards related to personal financial statements
Identify professional reporting standards related to personal financial statements
Describe the purposes for personal financial statements
Describe the alternatives available
Apply the GAAP and alternative methods of preparation
Apply the applicable reporting standardsLevel
BasicPrerequisites
Experience in accounting
Advanced Preparation
None
Enjoyable Ethics - Ch 3
Title : Enjoyable Ethics- Chapter 3: The Conceptual Framework & Independence (1CR)
Presented By : 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 edition, Jeff Sailor uses his truly unique presentation style to explain how to use the AICPA Conceptual Framework when faced with ethical issues, and covers independence requirements of the Code of Professional Conduct.
As usual, Jeff includes a lot of humor to keep you awake and reinforce the material.
Course Level - Update
Delivery Method -Group Internet Based Webcast
Length - 50 minutes of Instruction
Revision Date - 10/25/22-
More Info
Learning Objectives
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
UpdatePrerequisites
Basic understanding of accounting and reporting
Advanced Preparation
None
Enjoyable Ethics - 3 Credit Edition
Title : Enjoyable Ethics- The 3 Credit Edition
Presented By : 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 - 10/25/22-
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
UpdatePrerequisites
Basic understanding of accounting and reporting
Advanced Preparation
None
Enjoyable Ethics - Ch 1
Title : Enjoyable Ethics- Chapter 1: General Ethics & Accounting Ethics (1CR)
Presented By : 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, Jeff covers the typical topics while challenging you to think outside the box.
In this edition, 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 also introduces the AICPA Code of Professional Conduct.
As usual, Jeff includes a lot of humor to keep you awake and reinforce the material.
Course Level - Update
Delivery Method -Group Internet Based Webcast
Length - 50 minutes of Instruction
Revision Date - 10/25/22-
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
Level
UpdatePrerequisites
Basic understanding of accounting and reporting
Advanced Preparation
None
Not Documented, Not Done
Title : Not Documented, Not Done (2CR)
Presented By : Jeffrey L. Sailor, CPA
The title of this course is the new mantra for the AICPA. With accountants increasingly being sued for deficiencies perceived by clients and attorneys in various engagements, the AICPA has increased its focus on documentation in the accounting and auditing arena. In addition, peer review has revealed a consistent lack of proper documentation.
In this course, Jeff Sailor will discuss the requirements for a variety of engagements as well as tips for better documentation. You will not only learn the basic requirements, but also the proper theory for exceptional documentation.
As always, Jeff will bring his truly unique presentation style and include a few of 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- 8/14/20
-
More Info
Learning Objectives
- Identify the documentation requirements for:
- Audits
- Reviews
- Compilations
- Preparations
- Examinations under the SSAEs
- Reviews under the SSAEs
- Agreed Upon Procedures engagements under the SSAEs
- Apply the standards for those engagements
- Apply a variety of “best practices” to documentation
Level
BasicPrerequisites
Experience in accounting
Advanced Preparation
None