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Friday, June 5, 2015 Live

Testing and Understanding Internal Control - A Workshop (E1506141)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

NJCPA Education Center

425 Eagle Rock Avenue,
Roseland , NJ 07068

8 CPE Credits in AA

OVERVIEW

This course will provide the auditor of small to mid-size entities with tips, tools and techniques to efficiently document controls and to determine where it is necessary or more efficient to test them.

DESIGNED FOR

Audit practitioners working on audits of nonpublic companies, and accountants in industry who want to improve the level of their entity’s internal controls.

BENEFITS

  • Apply the five COSO elements of internal control
  • Differentiate between understanding and testing internal controls
  • Document the understanding of internal controls at the appropriate level
  • Test and document the results of tests of internal controls
  • Issue a AU 265 report

HIGHLIGHTS

  • 2013 COSO Framework
  • Understanding the design of controls at the entity level and at the activity (financial statement assertion) level with an emphasis on manual control activities
  • Determining whether controls have been implemented
  • Effective and efficient tests of controls
  • Multipurpose tests
  • Documentation techniques
  • Use of service auditor reports (AU 402)
  • AU 265 reporting requirements

COURSE LEVEL

Intermediate

PREREQUISITES

Basic audit course or experience.

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • Qualifies for Yellow Book.

INSTRUCTOR

Kenneth Heaslip

Kenneth A. Heaslip, CPA, CGMA, M.B.A.

Director

Cullari Carrico LLC

Kenn is a director at Cullari Carrico LLC, a regional CPA firm in Northern New Jersey. He also has extensive experience teaching all levels of accounting, auditing and other practice-related areas. Kenn has been a Professor of Accounting at several universities including Seton Hall, where he was the students’ choice as “Educator of the Year” two years in a row, as well as in the Executive Masters of Business Administration program at Rutgers University. In addition, he was the National Director of the Becker CPA Review. Kenn is an active member of the NJCPA, where he has served in positions, such as Vice President, Trustee Chapter President, Committee Chair and Task Force Chair. Kenn currently serves on the NJCPA Professional Conduct Committee, the Federal and State Taxation interest groups, Governmental Accounting & Auditing Interest Groups and the Nonprofit Interest Group.

PRICING

$399.00 - Nonmember

$299.00 - Member

Event Cancelled

This event has been cancelled.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Loscalzo Associates, Ltd.

ALSO QUALIFIES FOR