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Monday, November 30, 2020 Webcast

Top 10 Technology Risks and Trends Every CPA Should Know (X1-TTR4-2020-01-WEBNR-335-01)

1:30 PM - 5:00 PM EDT

Webcast


2 CPE Credits in AA
2 CPE Credits in SK

OVERVIEW

The use of technology has exploded over the past decade. As entities’ use of technology including data analytics, robotic process automation, blockchain, and artificial intelligence expands, management’s desire for data-driven decision making and increased efficiency can be fulfilled. At the same time, all this new technology adds a layer of complexity to the audit process. This coincides with the heightened need all entities have for robust cybersecurity and risk management processes in this time of breaches and other forms of cyber fraud. Auditors need a broad range of knowledge of information technology topics so they can clearly converse with their clients. In addition, now is the time for auditors to begin considering the new audit technologies that are already being used by some firms in their audit processes. The AICPA recently issued its SAS No. 142, Audit Evidence, amending AU-C 500 to take into consideration new audit methodologies using technology. Join us for this 4-hour session, which will provide you with an overview on these issues and more.

DESIGNED FOR

CPAs in public practice with accounting, financial reporting, or attest responsibilities .

BENEFITS

  • Understand current trends in information technology applications
  • Determine how to best manage information technology–related risks that CPA firms face when providing professional services to clients
  • Explain how auditors are integrating audit data analytics into the audit process
  • Discuss SAS No. 142 and how it applies to the new audit methodologies using technology

HIGHLIGHTS

  • Blockchain, robotic automated processes, and artificial intelligence and how they are being used by entities today
  • Recent SEC cybersecurity guidance
  • How to avoid malware and other security threats
  • Common attacks and data breaches
  • Threats to independence resulting from hosting the client’s data
  • Integrating audit data analytics into the Audit Process
  • Migrating data to a cloud-based environment
  • The importance of securing client data
  • The recent Cybersecurity Risk Management Framework
  • Attest service options related to a client’s cybersecurity risk management program

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Richard Daisley

Richard Daisley, CPA

Surgent Professional Education

Rich Daisley brings over 30 years of experience in the accounting and auditing field to his role as an instructor with Surgent. Prior to Surgent, Mr. Daisley spent 20 years at PwC as an assurance senior manager. During his tenure there, he was first in PwC’s assurance practice and then, PwC’s Capital Markets and Accounting Advisory Services group, where he advised clients on the implementation of new accounting pronouncements as well as on issues related to public offerings. ---- Rich is Vice President of Accounting and Auditing Curriculum at Surgent CPE. He is a CPA and has over 30 years of experience in the accounting and auditing field. He has worked in both the client service setting as well as in internal capacities as a facilitator of accounting and auditing courses. He was an assurance manager with PwC, spending time in both the assurance practice as well as with PwC’s Capital Markets and Accounting Advisory Services group, where he advised clients on the implementation of new accounting pronouncements as well as on issues related to public offerings. Rich also worked in PECO Energy’s Merger and Acquisition group, where he performed financial due diligence that supported PECO’s acquisition activity in the energy sector. He has experience in the manufacturing, health care, energy, and pharmaceutical industries. Prior to joining Surgent, Rich also has more than 10 years of experience as a course developer and facilitator, creating and leading training courses on such topics as revenue recognition, stock based compensation, equity instruments and performing integrated audits under the Sarbanes-Oxley legislation. He also designed and delivered courses on instructor development and facilitation skills to senior PwC internal course instructors. In 2015 he joined Surgent as Director, Accounting & Financial Reporting Content. In this role, he manages Surgent’s A&A curriculum, including researching and developing the technical content for Surgent’s Accounting and Financial Reporting curriculum.

PRICING

$139.00 - Member

$149.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Surgent
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