Jeff Sailor's 2023 Accounting and Auditing Update and Review Course is designed to provide an in-depth look into the most important new pronouncements issued during the past year, along with an overview of less pervasive ones. As always, to assist with attention and learning, Jeff has included several video parodies.

ACCOUNTING UPDATE - Covers the latest updates to the FASB Codification, including not-for-profit accounting changes, issues with the new lease standard, credit losses, and other FASB updates.

AUDIT UPDATE - In-depth coverage of the totally updated requirements for risk assessment, as well as communications with predecessor auditors and related topics. Includes a new section: Focus on Fraud.

SSARS UPDATE - Covers the requirements for preparations, compilations, and reviews in a step by step format.

QUALITY STANDARDS - Covers the new requirements under the brand new Statements on Quality Management Services. These standards will require drastic changes for anyone in public practice.

Course Level- Update

Delivery Method- Group Internet Based Webcast

Length- 400 minutes of instruction- 10min break in the morning and afternoon and 30min lunch break

Revision Date: 7/8/2023

(NOTE: This is the same information presented in Jeff Sailor's A&A Update and Review 2023 PART 1 and the 8-cr 2023 AAUR)

The amount of change in the accounting profession is staggering, making it tough for the average CPA to keep up. This course will get you up to date with the latest information coming from the FASB.

In this course, Jeff Sailor will bring his truly unique presentation style to cover the most important topics you need to know. He will cover present the latest GAAP pronouncements, along with his signature video parodies, which are designed to keep you awake and reinforce the material.

Jeff Sailor's 2023 Accounting and Auditing Update and Review Course is designed to provide an in-depth look into the most important new pronouncements issued during the past year, along with an overview of less pervasive ones. As always, to assist with attention and learning, Jeff has included several video parodies.

This is PART 2 of the course and covers the following topics:

AUDIT UPDATE - In-depth coverage of the totally updated requirements for risk assessment, as well as communications with predecessor auditors and related topics. Includes a new section: Focus on Fraud.

SSARS UPDATE - Covers the requirements for preparations, compilations, and reviews in a step by step format.

Course Level- Update

Delivery Method- Group Internet Based Webcast

Length- 200 minutes of instruction- 10min break in the middle of the webcast

Revision Date: 7/8/2023

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

Jeff Sailor's 2023 Accounting and Auditing Update and Review Course is designed to provide an in-depth look into the most important new pronouncements issued during the past year, along with an overview of less pervasive ones. As always, to assist with attention and learning, Jeff has included several video parodies.

This is PART 1 of the course and covers the following topics:

ACCOUNTING UPDATE - Covers the latest updates to the FASB Codification, including not-for-profit accounting changes, issues with the new lease standard, credit losses, and other FASB updates.

QUALITY STANDARDS - Covers the new requirements under the brand new Statements on Quality Management Services. These standards will require drastic changes for anyone in public practice.

Course Level- Update

Delivery Method- Group Internet Based Webcast

Length- 200 minutes of instruction- 10min break in the middle of the webcast

Revision Date: 7/8/2023

The Auditing Standards Board has recently changed the standards for quality in accounting firms by replacing the old SQCS 8 with a brand new set of standards: SQMS 1, SQMS 2, SAS 146 and SSARS 26 (issued by the ARSC). These new standards require that all firms with an accounting and auditing practice put into  place a system of quality management. This means that even if you only perform a single compilation engagement, you are required to implement this system. The deadline for change is coming soon and this is expected to be a major peer review focus area.

In this course, Jeff Sailor will bring his truly unique presentation style to cover the most important topics you need to know to get ready for this new requirement. In addition to covering the standards pronouncements, 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 - 2/1/23

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

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

Fraud has always been a concern for anyone associated with financial statements. In this course, Jeff takes a unique approach to the study of this topic by looking at what are considered to be the top ten accounting fraud cases. In studying the cases, you will gain insight into what to look for in the future.

In addition to the cases, Jeff will cover various aspects, both authoritative and guidance, related to fraud to further improve your awareness and skills. He will also cover a couple of other significant fraud cases as well as a couple of interesting historical notes.

The entire presentation is packaged into Jeff’s unique blend of teaching with humor. Each case has its own “Greatest hit”, a song parody to help you remember the case as well as other surprises along the way to keep your interest.

If you are looking for a course that will keep awake and engaged and will better prepare you for detecting fraud, then this course is a must.

Course Level- Basic

Delivery Method- Group Internet Based Webcast

Length- 150 minutes of instruction

Revision Date: October 18, 2021

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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