Survivapros

<p>In this 2.5 CPE credit course Professor Pratt thoroughly covers the statement of cash flows: its preparation, both the direct and indirect forms of presentation, as well as its analysis, which includes reviewing the key elements of cash flow assessment and the identification and interpretation of the various cash flow profiles.</p>

<p>The course concludes by analyzing real-world statements of cash flows and using these cash flow profiles to assess the cash management strategies of seven different firms at different stages of development experiencing different levels of success: Pinterest, General Electric, Airbnb, Home Depot, Carvana, Lyft, and Blue Apron.</p>

This course covers auditor responsibilities related to waste and abuse under the lenses of the 2018 Yellow Book released by the Government Accountability Office (GAO), the Office of Management and Budget (OMB) Uniform Guidance, and the American Institute of Certified Public Accountants (AICPA) Government Auditing Standards. The course discusses the current environment and expectations of the general public, the media, and legislators regarding the responsibility regarding waste and abuse for those who audit government or not-for-profit entities.  Also included in this course are multiple case discussions and situational analyses to help the auditor understand the difference between fraud, waste, and abuse characteristics.

This course will be focused on applying many of the principles and concepts that we have reviewed in our Bookkeeping Certificate Series. By now, you should have completed the following courses in the Bookkeeping Basics Certificate Program:

• Critical Accounting Terminology and Effective Execution of Concepts
• Processes and Debits and Credits
• Accrual vs. Cash Accounting
• Payroll and Expenses Accounting
• Formation of a Legal Entity and Chart of Accounts
• Essential responsibilities on a daily, weekly, monthly and annual basis
• Fixed Assets and Inventory
• Utilizing Journals, Subsidiary Ledgers and the GL
• Tools for Bookkeeping Certificate

This course will allow the participant to practice the many concepts reviewed in the above courses and apply them in a case study setting.

Note: Information within this course comes from readily available public domain documents and is utilized by the trainer as a supplement for relaying the course content.

<p>This course provides insight about IASB Conceptual framework, underlying assumptions, qualitative characteristics and other accounting concepts. It encourages you to think more deeply about the assumptions on which financial statements are prepared as well as explains the qualitative characteristics of financial information, which is important for reporting any information to shareholders and business stakeholders.</p>

<p>This course deals with accounting conventions which lie behind accounts preparation for sole traders, partnerships or even public limited companies. You will see how conventions and assumptions are put into practice in real life. There is no point in number crunching for financial statements preparation until and unless you understand the underlying principles behind.</p>

<p>This course gives idea about background and history of international accounting standard board (IASB). Moreover, it provides insight about IASB Conceptual framework, underlying assumptions, qualitative characteristics and other accounting concepts.</p>

<p>Course Key Concepts: <b>IASB Conceptual Framework, Accounting assumptions, Accounting principles, Fundamentals of accounting, IASB, FASB, Accounting standards, IAS, IFRS, Global accounting standards, Global accounting principles, Qualitative characteristics of financial information.</b></p>

<p>Management of a business is responsible for establishing and maintaining adequate internal controls. This assertion has long appeared in the authoritative literature of the AICPA and SEC. Section 404 of the Sarbanes-Oxley (SOX) Act, requires public companies, and their auditors to annually assess and report on the design and effectiveness of internal control over financial reporting (ICFR). While management of most companies believe that they are maintaining adequate systems of internal controls, it is likely that they will turn to their independent public accountants and internal auditors to review and evaluate such controls. </p>

<p>In this course, we identify the specific goals that should be achieved by the internal accounting controls exercised in each broad area (cycle) of a business. These goals provide specific guidelines against which management and auditors can compare to their existing control techniques.</p>

The broad cycles of a business can be broken down into:

<ul>

      <li>Treasury Cycle</li>

      <li>Expenditure Cycle (Purchasing & Payroll)</li>

      <li>Conversion Cycle</li>

      <li>Revenue Cycle</li>

      <li>Financial Reporting Cycle</li>

</ul>

<p>Each of these cycles will be presented in a separate training session. Completion of all six sessions will provide the trainee with a certificate in Assessing Business Cycle Accounting Controls.</p>

<p>Course Key Concepts: <b>Internal Accounting Controls, SOX 404, ICFR, Internal Control over Financial Reporting, Independent Public Accountants, Internal Auditors, Business Cycles, Treasury, Expenditure, Purchasing, Payroll, Conversion, Revenue.</b></p>