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Title : Jeff Sailor's 2023 A&A Update and Review (8 CR)

Presented By : Jeffrey L. Sailor, CPA



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

Field(s) of Study: Accounting, Auditing

NASBA Approved

Update Level

8.0 Hrs

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  • More Info

    Learning Objectives

    • Identify and apply the most pervasive GAAP updates
    • Apply the provisions specific issues related to the new lease standard
    • Apply the major provisions of the standard for Credit Losses
    • Apply the various new provisions for not-for-profit entities
    • Apply the standards for preparations, compilations and reviews based on AR sections 60,70,80 & 90
    • Identify and apply the latest audit standards for inquiries related to the predecessor auditor
    • Apply the new Audit Risk Assessment requirements
    • Describe fraud risks associated with recent cases
    • Apply the new requirements for a firm's system of quality management
    • Apply the basic requirements for independence
    • Cite and apply better practice skills

    Level

    Update

    Prerequisites

    Basic understanding of accounting and auditing

    Advanced Preparation

    None

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Title : Jeff Sailor's 2023 Accounting Update and Review (4CR)

Presented By : Jeffrey L. Sailor, CPA

(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.

Course Level- Update

Delivery Method- Group Internet Based Webcast

Length- 200 minutes of instruction

Revision Date: July 8, 2023

Field(s) of Study: Accounting

NASBA Approved

Update Level

4.0 Hrs

Enroll
  • More Info

    Learning Objectives

    • Identify and apply the most pervasive GAAP updates
    • Apply the provisions specific issues related to the new lease standard
    • Apply the major provisions of the standard for Credit Losses
    • Apply the various new provisions for not-for-profit entities
    • Apply the new requirements for a firm's system of quality management
    • Apply the basic requirements for independence
    • Cite and apply better practice skills

    Level

    Update

    Prerequisites

    Basic understanding of accounting

    Advanced Preparation

    None

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Title : Jeff Sailor's 2023 A&A Update and Review- Part 2 (4CR)

Presented By : Jeffrey L. Sailor, CPA


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

Field(s) of Study: Accounting, Auditing

NASBA Approved

Update Level

4.0 Hrs

Enroll
  • More Info

    Learning Objectives

    • Apply the standards for preparations, compilations and reviews based on AR sections 60,70,80 & 90
    • Identify and apply the latest audit standards for inquiries related to the predecessor auditor
    • Apply the new Audit Risk Assessment requirements
    • Describe fraud risks associated with recent cases
    • Cite and apply better practice skills

    Level

    Update

    Prerequisites

    Basic understanding of accounting and auditing

    Advanced Preparation

    None

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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

Field(s) of Study: Accounting

NASBA Approved

Basic Level

4.0 Hrs

Enroll
  • 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 stakeholders

    Level

    Basic

    Prerequisites

    None

    Advanced Preparation

    Experience in accounting

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Title : Jeff Sailor's 2023 A&A Update and Review- Part 1 (4CR)

Presented By : Jeffrey L. Sailor, CPA



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

Field(s) of Study: Accounting

NASBA Approved

Update Level

4.0 Hrs

Enroll
  • More Info

    Learning Objectives

    • Identify and apply the most pervasive GAAP updates
    • Apply the provisions specific issues related to the new lease standard
    • Apply the major provisions of the standard for Credit Losses
    • Apply the various new provisions for not-for-profit entities
    • Apply the new requirements for a firm's system of quality management
    • Apply the basic requirements for independence
    • Cite and apply better practice skills

    Level

    Update

    Prerequisites

    Basic understanding of accounting

    Advanced Preparation

    None

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Title : Your System of Quality Management (2CR)

Presented By : Jeffrey L. Sailor, CPA



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

Field(s) of Study: Auditing

NASBA Approved

Basic Level

2.0 Hrs

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    Learning Objectives

    • Identify the 8 components of a system of quality management
    • Identify the additional requirements for a system of quality management
    • Apply the standards for determining when an engagement quality review will be necessary
    • Describe the requirements for the conduct of an engagement quality review
    • Apply the control standards in the performance of audits and other attestation engagement
    • Apply the control standards in the performance of SSARS engagements

    Level

    Basic

    Prerequisites

    None

    Advanced Preparation

    None

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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

Field(s) of Study: Accounting

NASBA Approved

Basic Level

1.0 Hrs

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    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

    Basic

    Prerequisites

    Basic knowledge of accounting and reporting

    Advanced Preparation

    None

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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


Field(s) of Study: Accounting

NASBA Approved

Update Level

3.0 Hrs

Enroll
  • 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

    Update

    Prerequisites

    Basic understanding of accounting and auditing

    Advanced Preparation

    None

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Title : Fraud's Greatest Hits! (3CR)

Presented By : Jeffrey L. Sailor, CPA


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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Field(s) of Study: Accounting

NASBA Approved

Basic Level

3.0 Hrs

Enroll
  • More Info

    Learning Objectives

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

    Describe the top ten accounting fraud cases

    Identify the nature of fraud and its three characteristics

    Apply the provisions for fraud risk assessment in an audit

    Identify examples of fraud

    Describe the traits of a white collar criminal

    Describe techniques to detect fraud

    Identify the principles of the COSO Fraud Risk Management Guide

    Level

    Basic

    Prerequisites

    Basic understanding of accounting and reporting

    Advanced Preparation

    None

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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

Field(s) of Study: Regulatory Ethics

NASBA Approved

Update Level

3.0 Hrs

Enroll
  • 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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