In this meeting, hear 8 financial statement myths and how to peel away the layers of a financial statement to provide essential advice. Additionally, hear about nonattest and indepence issues, as well as auditing technology and data mining.
BENEFITS
Earn 4 CPE credits in AA.
HIGHLIGHTS
8 Financial Statement Myths
Edward Mendlowitz, CPA, PFS, ABV, CFF - WithumSmith+Brown, PC
In this session, understand why accountants need to overcome the myths of:
- EBITDA, Working Capital
- Debt to Equity and other ratios
- Gross profit percent
- Cash flow presentation
- Interim inventory
- Using dollars (or currency) to measure growth
- Net income measurement
Peeling way the Layers of a Financial Statement to Provide Essential Advice
Edward Mendlowitz, CPA, PFS, ABV, CFF - WithumSmith+Brown, PC
Like an onion, financial statements have many layers beneath the surface. This presentation illustrates how to peel apart the layers and get below the surface to provide clients with essential financial information about their business that will offer them better control and a better way to use the financial information that is at their easy access.
Nonattest/Independence - The Importance of Focusing on Them
Brad E. Muniz, CPA - SobelCo
In this session, hear information including:
- A description of nonattest services
- Communication and documentation requirements
- Impact on independence
Data Mining - Effective Use in the Audit Process
Joe Zapf, CPA - SobelCo
In this session, hear information on:
- Implementation for fraud considerations
- Enhanced analytics
- Reviewing an entire population as compared to a sample
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- Early birds save $15 - late fee will be applied after 9/22. Season Pass holders must register for each event.
- To access the course materials, please visit your My Events page. Handouts are added as received - remember to check back for updates.