Becker 90-Day Courses: Course Listing Updated on: 9/29/2021

Becker 90-Day Courses: Course Listing Updated on: 12/1/2021Course # Field of Study Title CPE Credit Product Description Learning Objectives Knowledge Level Prerequisites Advance Preparation Release Date Expiration Date Delivery Method

1 Accounting Accounting for Variable Interest Entities 3.0

This course will be an overview of:

* U.S. GAAP requirements related to accounting and financial reporting for variable interest entities * Defining variable interest entities and primary beneficiaries * Quantitative and qualitative factors in determining when to consolidate a nonvoting interest entity

After completing this course, the learner should be able to:

* Explain how to identify and define a variable interest entity and primary beneficiary. * Discuss how to consolidate a variable interest entity. * Describe fair presentation and disclosure requirements. * Discuss simplifications within U.S. GAAP available to nonpublic entities.

Intermediate None None 12/10/20 12/31/21 QAS Self-Study

2 Accounting Accounting & Auditing for Going Concern 2.0

This course will include an overview of the various requirements related to going concern considerations for preparers under U.S. GAAP, IFRS, and Governmental GAAP. We'll then switch focus and discuss the recent changes to the auditing standards regarding going concern.

After completing this course, the learner should be able to

* Describe the accounting requirements related to going concern for FASB, GASB, and IASB. * Recognize the key concepts for auditing going concern under AICPA Standards.

Basic None None 02/17/21 01/31/22 QAS Self-Study

3 AccountingAccounting for Convertible Debt Instruments and Contracts in an Entity's Own Equity

2.0


* The amendments to the guidance on accounting and disclosures for convertible instruments. * Changes to accounting for contracts in an entity’s own stock. * Amendments to the guidance on earnings per share as it relates to convertible instruments.


* Describe the different models of accounting for convertible instruments under ASU 2020-06 * Highlight the amended disclosure requirements for the new standard on convertible instruments * Describe the applicable accounting changes for contracts in an entity’s own equity * Summarize the amendments to the accounting guidance on earnings per share as it relates to convertible instruments * Identify the effective dates and methods of transition to the new accounting standard on convertible instruments and contracts in an entity’s own equity


4 AccountingAccounting for Derivative Financial Instruments & Hedging Activities (ASC 815)

2.0


* How to account for hedging and derivatives activities and ensure compliance with the new standard


* Identify the risks that corporations face. * Apply the key accounting principles followed underASC 815. * Apply procedures for reporting of Comprehensive Income under ASC 220. * Identify when to use hedge accounting principles—e.g., formal documentation, hedge effectiveness, ineffective hedges, etc. * Define the three types of FX Risk, FX Hedging philosophy, and the associated FX terminology. * Define embedded derivatives and the calculations utilized to determine a gain or loss on currency hedging activities and common variations under ASC 815.


5 AccountingAccounting for derivative financial instruments & hedging activities (ASC 815)

2.0


* How to account for hedging and derivatives activities and ensure compliance with related accounting standards


* Identify the risks that corporations face * Apply the key accounting principles followed under * ASC 815 * Apply procedures for reporting of comprehensive income under ASC 220 * Identify when to use hedge accounting principles—formal documentation, hedge effectiveness, ineffective hedges, etc. * Define the three types of foreign exchange (FX) risk, FX hedging philosophy, and the associated FX terminology * Define embedded derivatives and the calculations utilized to determine a gain or loss on currency hedging activities and common variations under ASC 815



6 AccountingAccounting for Goodwill and Acquisition Related Expenses

3.5


* Overall business combination concepts * Recognizing all assets and liabilities in a business combination, including calculating goodwill or gain on bargain purchase * Subsequent measurement of goodwill, including any impairment loss * Impact of recent accounting standard updates * Private company accounting alternatives


* Discuss how to initially calculate goodwill under U.S. GAAP, including significant simplifications available to nonpublic business entities * Explain how to initially account for the buyer's acquisition-related costs (such as legal, valuation, and other fees), as well as any seller's costs paid for by the buyer * Describe the subsequent measurement and reporting of goodwill and acquisition-related costs, including impairment considerations


7 AccountingAccounting for Income Taxes (ASC 740): Overview and Special Issues

1.5


* Preparing a tax provision * Identifying temporary and permanent differences * Calculating DTA and DTL * Assessing valuation allowance * Intercompany transactions * Net operating losses * Tax credit carryforwards * Uncertain tax positions * Consolidated provision * Presentation and disclosure * Provision to return adjustment


* Describe the tax return provision process * Apply the requirements of ASC 740 to complex transactions


8 Accounting Accounting for Stock-Based Compensation 3.0


* U.S. GAAP requirements related to accounting for stock-based compensation for both employees and nonemployees * Relevant fair value measurement guidance * Accounting for stock plan modifications * The impact of recent accounting standard updates


* Describe the accounting and financial reporting requirements related to accounting for stock-based compensation for both employees and nonemployees. * Explain recent relevant updates to U.S. GAAP. * Discuss alternatives available for nonpublic entities for simplified fair presentation and disclosure.


9 AccountingAdvanced Derivative and Hedge Accounting Concepts

3.0


* Advanced guidance related to some of the more complex derivative and hedge accounting issues. * Examples to illustrate important concepts and practical application.


* Explain accounting for hedges of nonfinancial assets, liabilities, and forecasted transactions. * Describe accounting for foreign currency hedges. * Discuss identifying and accounting for embedded derivative instruments. * Describe common methods for evaluating the effectiveness of a hedge. * Discuss derivative presentation and disclosure issues

IntermediateIntroduction to Derivatives and Hedge

AccountingNone 02/22/21 12/31/22 QAS Self-Study

10 AccountingBankruptcy: How to Effectively Address Financial Reporting Issues and Bankruptcy Code Provisions, Part 1

2.0

With more than half of the top ten bankruptcies of all time filed in the United States since Sept. 15, 2008, an understanding of the bankruptcy process is critical in today's economy. This two-part course will offer unique accounting and tax insights into the often-confusing bankruptcy process and other related issues.

In the first of a two-part course, participants will receive a foundational understanding of the bankruptcy process and the critical issues facing corporations entering Chapter 11 bankruptcy. At the conclusion of this session you will be able to:

* List the chapters of the Bankruptcy code * Recognize the most common types of bankruptcy filings * Identify the types of bankruptcy filings most relevant to corporations * Recognize the top 10 U.S. bankruptcy cases * Identify the following concepts: o Players are in the bankruptcy process o Automatic Stay o Conducting Business o Creditors' Committee o Reclamation o Setoff o Unexpired Leases o Preferences * Identify the issues encountered with Chapter 11 plans

Intermediate 5+ years of accounting and tax experience None 02/22/21 12/31/21 QAS Self-Study


11 AccountingBankruptcy: How to Effectively Address Financial Reporting Issues and Bankruptcy Code Provisions, Part 2

2.0

With many of the top ten bankruptcies of all time filed in the United States since Sept. 15, 2008, an understanding of the bankruptcy process is critical in today's economy. This two-part course will offer unique accounting and tax insights into the often-confusing bankruptcy process and other related issues.

The second of a two-part series exploring Chapter 11 bankruptcy will help participants obtain a more fully formed understanding of this complex yet increasingly common business phenomenon. At the conclusion of this session you will be able to:

* Identify the provisions of ASC 852-10 that govern the preparation of financial statements by entities in reorganization under the Bankruptcy Code * Identify the provisions of ASC 852-10 that related to the "fresh-start" approach that may be used by entities that meet specific criteria when emerging from Chapter 11. * Identify the provisions of the following sections of the bankruptcy code: o Automatic Stay – Section 362 o Sale of Assets – Section 363 o Post petition Security Interest – Section 364 o Executory Contracts – Section 365 o Assertion and Payment of Administrative Payments – Section 503 o Preferences – Section 547 o Setoff – Section 553

Intermediate

Bankruptcy: How to Effectively Address Financial Reporting Issues and Bankruptcy

Code Provisions, Part 1 and 5+ years of accounting and tax experience

None 02/22/21 12/31/21 QAS Self-Study

12 Accounting Becoming an Expert Witness 1.5


* The legal standard for expert witness testimony, including statutory and case law * The types of matters on which a CPA expert witness may provide testimony * Which qualifications an expert witness must possess * The preparation that is required of an expert witness * Other considerations for expert witnesses


* Define “expert witness.” * Identify the reasons to consider becoming an expert witness. * Describe how to prepare for expert witness testimony. * Identify the range of matters on which accountants are asked to provide expert witness testimony. * Recognize other issues that expert witnesses should consider.


13 Accounting Building a persuasive case 2.0


* The role of persuasion in the accounting profession * The psychological and business motivations of accountants and clients during negotiations * Persuasive principles and tactics accountants can use in the course of their work * Ethical problems involved in using persuasive techniques and how to avoid them


* Define persuasion * Recognize the role persuasion plays in accounting * Identify the basic principles of persuasion and influence * Apply persuasive techniques to audit negotiations * Identify the risks associated with using persuasive techniques in negotiations


14 Accounting Business Restructuring: Part 1 2.0


* Understanding the definition of a business and when a set of activities may be either a business or may be assets * When to test assets for impairment losses and how to measure and recognize an impairment loss for the different forms of assets held by an entity * Accounting and financial reporting for different forms of exit and disposal cost obligations and activities


* Distinguish the differences between the acquisition (or disposition) of a business versus an asset * Highlight the accounting and reporting requirements for impairment losses on long-lived assets, intangible assets, goodwill and investments that may be associated with a business restructuring * Review the accounting and reporting requirements for exit and disposal activities associated with a business restructuring


15 Accounting Business Restructuring: Part 2 2.0


* Some of the concepts discussed in the Business Restructuring: Part 1, including a discussion of contract termination costs in an exit and disposal activity * The guidance for accounting and reporting a discontinued operation of an entity * How and when an entity shall deconsolidate a subsidiary or a variable interest entity


* Highlight the business restructuring concepts discussed in Part 1 of this course and expand the discussion of contract termination costs * Gain insights into the financial accounting and reporting for the presentation of discontinued operations * Highlight the accounting guidance for the deconsolidation of subsidiaries and variable interest entities



16 Accounting Comprehensive income 2.0


* The rules governing comprehensive income contained in ASC 220 * Coverage of recognition and initial measurement, subsequent measurement and reclassifications, and presentation and disclosure requirements * A series of interactive examples meant for users to practice the application of the standards governing comprehensive income


* Recognize the standards for reporting and presentation of comprehensive income and its components * Identify the purpose of reporting comprehensive income and the scope of the reporting standards * Identify the disclosures required to be made with respect to the reporting of comprehensive income

Basic None 06/21/21 06/30/22 QAS Self-Study

17 Accounting Consolidation of VIEs, Part 1 (ASC 810) 1.0

This two-part program will walk participants through real-world examples and case studies and enable them to determine when a company has a variable interest in another entity, to establish that the other entity is a variable interest entity, and to identify the criteria used to identify the primary beneficiary.

Through real-world examples and case studies, you will examine and learn specifically about ASC 810. This course focuses on defining and identifying variable interests in a business. At the conclusion of this session you will be able to:

* Identify the various combination/consolidations methods * Identify when a company and a business entity have an arrangement * Recognize whether an entity is a legal business entity or structure * Identify entities not subject to consolidation as variable interest entities * Identify when an interest in an entity is more than insignificant * Recognize when an entity has an explicit or implicit variable interest in an entity * Recognize whether an entity has a sufficient level of equity investment at risk

Intermediate 2 to 3 years of U.S. GAAP experience None 10/01/20 05/31/22 QAS Self-Study

18 Accounting Consolidation of VIEs, Part 2 (ASC 810) 2.0

This two-part program walks participants through real-world examples and case studies and enables them to determine when a company has a variable interest in another entity, to establish that the other entity is a variable interest entity, and to identify the criteria used to determine the primary beneficiary.

Through real-world examples and case studies, you will examine and learn specifically about FASBASC 810. This course focuses on the testing utilized to determine if an organization qualifies as a variable interest entity. At the conclusion of this session you will be able to:

* Identify whether the holders of the total equity investment at risk have the ability to make decisions or direct the activities of the entity * Recognize whether the holders of the equity investment at risk have an obligation to absorb the entity's expected losses or a right to receive the entity's expected residual results * Recognize when the voting rights of some of the equity investors are not proportional to the economic interests * Name the anti-abuse provisions of ASC 810 * Identify whether a variable interest is also held by either related parties, de facto agents, or de facto principals and whether combination of the variable interests in the VIE constitute primary beneficiary status * Identify whether the reporting entity is the member of the related party group most closely associated with the VIE

Intermediate

Understanding the Consolidation of Variable Interest Entities: Under ASC 810,

Part 1 and 2 to 3 years of U.S. GAAP experience


19 AccountingCracking the Codification: U.S. GAAP research made easy

1.5


* How the FASB Accounting Standards Codification presents all relevant U.S. accounting and financial reporting literature in a single, authoritative offering * The skills and knowledge to easily use the Codification in critical real-world applications


* Define the purpose of the FASB Accounting Standards Codification Project * Identify how the Codification content is structured * Apply knowledge of the Codification to research accounting and financial reporting issues


20 Accounting Debt – Accounting and Financial Reporting Risks 3.0


* Discussion of debt subject to classification * Guidance on callable obligations * Accounting for lock-box or revolving credit arrangements * Refinancing of short-term obligations * Overview of debt with conversion options and other special debt considerations * Treatment of debt modifications and exchanges, including debt extinguishments or troubled-debt restructurings


* Describe the complexities behind the accounting and fair presentation of debt. * Explain common issues encountered when testing an entity's compliance with debt covenants and other contractual requirements. * Discuss the proper classification of debt between current and long-term. * Describe recent changes in accounting standards related to debt.



21 AccountingDisclosure and Sustainability Reporting: An SEC Overview

1.5


* Critical SEC rules governing Fair Disclosure. * SEC rules governing non-GAAP financial measures. * Sustainability reporting.


* Recognize the regulations concerned with Fair Disclosure.

Regarding Regulation G:

* •Recognize which non-GAAP financial measures are included and excluded. * •Recognize cases brought by the SEC under Reg G.

Regarding sustainability reporting:

* •Recognize the history of sustainability reporting. * •Identify the provisions and programs related to financial and operational, social, and environmental reporting. * •Recognize the principles of emissions trading accounting and reporting. * •Identify the tax accounting rules related to sustainability.

Intermediate2-3 years of corporate accounting and

reporting experienceNone 06/18/21 06/30/22 QAS Self-Study

22 Accounting Earnings Per Share (ASC 260) 3.0


* The presentation and disclosures of EPS and their interpretation in financial statements. * How and when to compute EPS for financial statements. * Examples and interpretations of EPS disclosures from companies.


* Identify where and how earnings per share (EPS) information is reported in the financial statements. * Recognize why EPS information is included in the financial statements. * Identify the components of how EPS is computed, including earnings and types of securities. * Calculate EPS using different methods and components. * Analyze actual EPS disclosures from companies.


23 Accounting Equity (ASC 505) 2.5


* The definition and scope of elements classified as components of equity as well as general guidance related to equity * Pertinent rights, privileges, and terms associated with various securities outstanding * Applicable accounting and reporting requirements for stock dividends and stock splits, treasury stock transactions, and spinoff and reverse spinoff transactions * Illustrated examples of how to apply ASC 505, Accounting for Equity


* Recognize the components of equity * Identify professional guidance for the accounting and reporting of stock dividends and stock splits * Recognize appropriate accounting implementation and disclosure for treasury stock transactions and stock repurchase programs * Recognize what determines a spinoff transaction and a reverse spinoff, including the accounting required by that determination * Identify International Financial Reporting Standards (IFRS) and country-specific guidance related to equity

Basic Accounting experience (public or industry) None 04/26/21 04/30/22 QAS Self-Study

24 AccountingFinancial Instruments—Recognition and Measurement (ASU 2016-01)

1.0


* Recognize major changes to accounting for financial instruments under ASU 2016-01


* The background that led to ASU 2016-01 * The major changes to Other Comprehensive Income, Financial Instruments, Investments and Income taxes


25 Accounting Financial Reporting Challenges for 2020 - Q2 2.0


* Some of the more challenging issues of accounting and reporting during times of uncertain economic conditions * Expectations from the SEC for public company financial statement disclosures during the COVID-19 pandemic and special considerations involving going concern, bankruptcy and reorganizations * Accounting and financial reporting challenges faced by companies with regard to the economic outlook amidst the COVID-19 pandemic


* Highlight certain challenging areas of financial reporting and accounting * Review SEC financial reporting amidst COVID-19 and specialized areas of accounting and reporting involving going concern, bankruptcy and reorganizations * Highlight uncertainties in the economic outlook amidst COVID-19


26 Accounting Financial Reporting Challenges for 2021 - Q1 2.0


* Some of the particularly challenging issues of accounting and reporting during times of economic uncertainty. * Specific challenges that Chief Financial Officers are currently encountering during the COVID-19 pandemic. * Certain anticipated policy decisions of a new government administration that may present challenges to finance executives.


* Highlight certain challenging areas of financial reporting and accounting * Recognize financial accounting and reporting challenges faced by the Chief Financial Officers. * Identify some of the financial accounting and reporting challenges amidst a new governmental administration



27 AccountingFinancial Reporting Framework for Small- and Medium-Sized Entities

3.0


* General concepts and principles * Common statement of financial position line items, both current and long-term * Risks and uncertainties * Revenue recognition concepts * Commitments and contingencies * Consistency in financial statements * Transition requirements


* Discuss the history of the formation of the AICPA's Financial * Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs™). * Describe real-world applicability of FRF for SMEs™. * Explain highlights of the framework requirements. * Identify differences with U.S. GAAP as promulgated by the FASB.


28 Accounting Foreign Currency Accounting (ASC 830) 2.0

Success in today's international business arena requires the ability to account for foreign currency and accurately translate assets, expenses, and gains and losses in compliance with GAAP. Learn how to apply the "functional currency" approach by utilizing both the current (translation) and temporal (re-measurement) methods.

Through practical exercises and examples that lay the foundation for real-world familiarity and success, participants will learn how to determine functional currency while gaining a thorough understanding of Foreign Currency Accounting (ASC 830), including its objectives, purpose, disclosure requirements and critical definitions. After completing this session you will be able to:

* Recognize the measurement methods and current cost determination, and the classification of the balance sheet into monetary and non-monetary items under ASC 255 * Define and recognize the critical terms used in ASC 830 * Recognize the proper accounting treatment under the following methods: o Translation (Current) method o Remeasurement (Temporal) method * Calculate translation gains and losses * Recognize the disclosure requirements under ASC 830 * Recognize the proper accounting and reporting for foreign currency transactions

Overview None None 04/26/21 05/31/22 QAS Self-Study

29 AccountingFoundations of Business Combinations and Noncontrolling Interests

3.0


* Concepts related to accounting for business combinations under ASC 805 and consolidations under ASC 810 are particularly complex. Compliance today requires a clear understanding of the related critical issues and understanding of the relevant guidance.


* Identify the scope and definitions under noncontrolling interest in consolidated financial statements (ASC 810) * Define and apply the following concepts and how they are accounted for under ASC 805: o Fair value o Contingent consideration * Define and apply the following concepts and how they are accounted for under ASC 805 (cont'd):

o Restructuring or exit activity costs

o Acquisition-related costs

o Assets acquired and liabilities assumed

o Goodwill

o Contingent assets and liabilities

* Define and apply the following concepts and how they are accounted for under ASC 805 (cont'd):



30 Accounting GAAP financial statements (ASC 205-235) 1.5


* The SEC accounting rules applicable to the preparation and inclusion of financial statements in the Form 10-K (Annual Report) and the Form 10-Q (Quarterly Report) for those entities subject to such reporting requirements


* Recognize general requirements for financial statement presentation that are applicable to all reporting entities in accordance with GAAP * Define specific GAAP rules with regard to the presentation of the following: (1) the balance sheet; (2) the statement of shareholder equity; (3) comprehensive income; (4) the income statement; (5) the statement of cash flows; and(6) the notes to the financial statements * Identify the SEC accounting rules applicable to the preparation and inclusion of financial statements in the Form 10-K (Annual Report) and the Form 10-Q (Quarterly Report) for those entities subject to such reporting requirements


31 AccountingImpairment of Tangibles, Intangibles, and Goodwill

2.0


* The assets subject to impairment testing * How to calculate the impairment of fixed assets with both definite and indefinite lives * How to calculate the impairment of intangible assets other than goodwill * How to calculate the impairment of goodwill * The differences between GAAP and IFRS with respect to the calculation and reporting of impairment losses


* Identify assets subject to impairment testing * Calculate impairment of fixed assets * Identify how to calculate the impairment of intangible assets other than goodwill * Identify how to calculate the impairment of goodwill * Recognize the differences between GAAP and IFRS with respect to the calculation and reporting of impairment losses


32 Accounting Inspecting the Annual Report, Part 1 2.0


* Collecting annual report data from the SEC and a company’s website * Required components of an annual report * Analytical tools to research and review financial filings * Questions to answer through an effective analysis * Case study of annual report analysis using Starbucks’s FY2018 10-K as an example


* Define the process for finding and analyzing a company’s annual report. * Identify key components of an annual report. * Recognize the information contained in a company’s annual report. * Identify similarities and differences in SEC filings and company-provided reports.


33 Accounting Inspecting the Annual Report, Part 2 2.0


* Looking beyond the financial statements reported in SEC filings to analysis provided by horizontal, vertical, and ratio analysis * Comparing company performance to appropriate competitors in similar classifications * Using benchmarks to evaluate trends indicated in financial results and compare to management's discussion of this information in the MD&A * Calculating key liquidity, leverage, profitability, and efficiency ratios and conducting cash flow analysis * A case study of fundamental and technical analysis using Starbucks FY2018 annual report as an example


* Define and review fundamental versus technical analysis. * Recognize how to apply horizontal, vertical, and ratio analysis to financial statements. * Identify positive and negative trends and use the MD&A of the annual report to better understand the reasons behind them from management's perspective. * Identify sources of key competitive benchmarks. * Describe various types of ratios, with a focus on key liquidity, leverage, profitability, and efficiency ratios. * Conduct cash flow analysis.

Basic Inspecting the Annual Report, Part 1 None 02/22/21 03/31/22 QAS Self-Study

34 Accounting Interim reporting (ASC 270) 2.0


* The accounting and disclosure principles for interim financial reporting for nonpublic entities * The unique requirements for interim financial reporting for publicly traded companies


* Recognize the application principles for interim financial information; and * Identify reporting and disclosure requirements for interim financial reporting.


35 Accounting Introduction to Bookkeeping 2.0


* Bookkeeping basics for small businesses * Common bookkeeping systems available for small businesses * Converting transaction information into a general ledger * Customizing bookkeeping systems, reports, and ledgers to meet a company's unique needs


* Define bookkeeping, including how it differs from accounting. * Apply the bookkeeping process to a variety of business transactions. * Identify common bookkeeping systems and approaches. * Recognize advantages and disadvantages of common systems. * Recognize a company's needs and related bookkeeping reports that meet those needs.



36 Accounting Liabilities (ASC 400-480) 3.0


* The definition and scope of various types of liabilities * The nature, types, valuation, disclosure, and recognition of liabilities * The primary considerations for accounting for liabilities * Illustrated examples of how to apply FASB ASC 405–480, Accounting for Liabilities


* Identify professional guidance on the accounting for and reporting of liabilities * Recognize types of liabilities, including asset retirement and environmental obligations, exit or disposal cost obligations, deferred revenue, commitments, contingencies, guarantees, and debt * Identify the criteria associated with accounting for liabilities, including issues of


37 Accounting Liquidation Basis of Accounting (ASC 205-30) 1.5

The Financial Accounting Standards Board in 2013 issued ASU 2013-07, Presentation of Financial Statements (Topic 205): The Liquidation Basis of Accounting, and in 2014 issued 2014-15, Going Concern, to help address liquidity challenges, going concern, substantial doubt, economic and industry risk factors, and other issues facing corporate America today. Familiarize yourself with the historical forces that foreshadowed the current actions and learn the updated guidance.

Implementation of the "Presentation of Financial Statements (Topic 205): The Liquidation Basis of Accounting" standards was a two-phase project. Participant should gain a practical familiarity with key changes due to the issuance of the accounting standards update, compare the ASU to IFRS and U.S. GAAP, and learn how liquidation is defined and when it's considered "imminent." In addition, participants will explore the FASB's approach to going concern issues. After completing this session you will be able to:

* Identify the project history leading to the issuance of the ASU related to the liquidation basis of accounting and going concern; * Identify the requirements of ASU 2013-07 regarding liquidation; * Apply accounting treatment under ASU 2013-07; and * Identify the requirements of ASU 2014-15 regarding whether an entity will be considered a going concern.

Intermediate2 to 3 years of Public or Corporate

accounting experienceNone 02/22/21 12/31/21 QAS Self-Study

38 Accounting Managing the Company’s Cash and Credit 1.5


* Factors and considerations in establishing credit terms * Financial ratios commonly used to make credit decisions and evaluate annual debt covenant compliance * Financial indicators used to assess management's efficiency in managing company resources * Best practices related to cash collections and cash management


* Identify the five C's of credit * Recognize the credit risk analysis process * Calculate and interpret credit risk measures * Recognize common measures of liquidity * Identify methods to improve cash collection using appropriate cash management tools * Identify skills commonly required for an effective cash collection manager


39 Accounting Mastering Accounting for Income Taxes (ASC 740) 2.0


* Foundational knowledge and critical strategies * Intraperiod and interperiod tax allocation * Relevant issues surrounding Accounting for Income Taxes


* Define Interperiod Tax Allocation * Define Permanent and Temporary differences and apply the proper tax determination procedures * Apply the proper accounting for income taxes with regard to operating losses * Apply the rules for Subsidiary Undistributed Earnings * Name the required disclosures for income tax reporting * Apply the guidance for uncertain tax provisions


40 Accounting Mastering Accounting for Income Taxes (ASC 740) 2.0


* Foundational knowledge and critical strategies * Intraperiod and interperiod tax allocation * Relevant issues surrounding Accounting for Income Taxes


* Define Interperiod Tax Allocation * Define Permanent and Temporary differences and apply the proper tax determination procedures * Apply the proper accounting for income taxes with regard to operating losses * Apply the rules for Subsidiary Undistributed Earnings * Name the required disclosures for income tax reporting * Apply the guidance for uncertain tax provisions



41 AccountingMeeting SEC Disclosure Requirements: Management's Discussion & Analysis of financial condition and results of operations, part 1

1.0


* Compliance with Securities and Exchange Commission (“SEC”) regulations and guidelines is critical and applies to the Management's Discussion & Analysis section of an entity's annual financial report. * We will discuss current MD&A compliance and receive guidance that will clarify many of the complex issues related to preparing MD&A disclosures.


* Recognize the key MD&A requirements of Item 303 within Regulation S-K. * Recognize the MD&A requirements contained within Staff Accounting Bulletins (SABs). * Identify the MD&A requirements for Interim Periods reporting. * Recognize current issues addressed in MD&A.


42 AccountingMeeting SEC Disclosure Requirements: Management's Discussion & Analysis of financial condition and results of operations, part 2

1.0


* Compliance with Securities and Exchange Commission ("SEC") regulations and guidelines is critical and applies to the Management's Discussion & Analysis section of an entity's annual financial report. * We will discuss current MD&A compliance and receive guidance that will clarify many of the complex issues related to preparing MD&A disclosures.


* Recognize the key MD&A requirements of Item 303 within Regulation S-K. * Recognize the key guidance provided under FRR-72, FRR-36, and FRR-83 regarding the preparation of MD&A disclosures. * Identify the MD&A requirements for Interim Periods reporting. * Recognize current issues addressed in MD&A.


43 AccountingMeeting SEC Disclosure Requirements: Management's Discussion & Analysis of financial condition and results of operations, Part 3

1.0


* Compliance with Securities and Exchange Commission ("SEC") regulations and guidelines is critical and applies to the Management's Discussion & Analysis section of an entity’s interim period and annual financial reports. * We will discuss current MD&A compliance and review guidance that will clarify many of the complex issues related to preparing MD&A disclosures.


* Recognize the key MD&A requirements of Item 303 within Regulation S-K. * Recognize the MD&A requirements contained within Staff Accounting Bulletins (SABs). * Identify the MD&A requirements for Interim Period reporting. * Recognize current issues addressed in MD&A.


44 Accounting Mergers and Acquisitions Due Diligence 2.0


* What takes place during the merger and acquisition process. * The key players of a merger and acquisition and the roles they fulfill in the transaction. * The models and techniques that are used to value the target company that will be merged or acquired. * The due diligence that is applied by parties that are interested in purchasing a company through a merger or acquisition.


* Describe the processes behind a merger or acquisition. * Highlight the key personnel who are involved in a merger or acquisition. * Recognize the various methods and techniques that are used to assess the fair value of the target company. * Summarize the various forms of due diligence procedures that may be applied to the target company in a merger or acquisition.


45 Accounting Non-GAAP Financial Measures 1.5


* The background and history of non-GAAP financial measures * Guidance and interpretations related to non-GAAP financial measures * SEC comment letter examples * Other developments in pro forma financial reporting * Best practices in non-GAAP reporting


* Recognize the background and history of non-GAAP financial measures * Recognize how non-GAAP financial measures are currently covered in guidance and interpretations and addressed in SEC comment letters * Identify other developments in pro forma financial reporting * Identify best practices in non-GAAP reporting


46 Accounting Non-GAAP financial measures 1.5


* The background and history of non-GAAP financial measures * Guidance and interpretations related to non-GAAP financial measures * SEC comment letter examples * Other developments in pro forma financial reporting * Best practices in non-GAAP reporting


* Recognize the background and history of non-GAAP financial measures * Recognize how non-GAAP financial measures are currently covered in guidance and interpretations and addressed in SEC comment letters * Identify other developments in pro forma financial reporting * Identify best practices in non-GAAP reporting



47 Accounting Nonmonetary Transactions 2.0


* The definition of monetary and nonmonetary transactions. * The distinction between monetary and nonmonetary transactions. * Determining whether a nonmonetary transaction has commercial substance and how to account for it. * The tax issues related to nonmonetary transactions, specifically under Internal Revenue Code section 1031 and 1032.

After completing the course the learner should be able to:

* Recognize the difference between monetary and nonmonetary assets and transactions. * Identify key accounting provisions for nonmonetary transactions. * Recognize whether a transaction has commercial substance. * Identify tax issues related to nonmonetary transactions.

Intermediate2–3 years of accounting experience

(public or industry)None 02/22/21 03/31/22 QAS Self-Study

48 Accounting Nonmonetary transactions 2.5


* The definition of monetary and nonmonetary transactions * The distinction between monetary and nonmonetary transactions * Determining whether a nonmonetary transaction has commercial substance and how to account for it * The tax issues related to nonmonetary transactions, specifically under Internal Revenue Code Sections 1031 and 1032


* Recognize the difference between monetary and nonmonetary assets and transactions * Identify key accounting provisions for nonmonetary transactions * Recognize whether a transaction has commercial substance * Identify tax issues related to nonmonetary transactions

Intermediate2–3 years of accounting experience

(public or industry)None 08/18/21 06/25/22 QAS Self-Study

49 AccountingOpening a New Chapter: Fresh-Start Accounting and Subsequent Events

1.5

As companies file for and emerge from bankruptcy with increasing frequency in today’s business world, a thorough understanding and careful application of related rules is more important than ever. Explore the complex and easy-to-misunderstand issues surrounding Fresh-Start Accounting (ASC 852) and Subsequent Events (ASC 855).

Obtain a critical understanding of Fresh-Start Accounting and Subsequent Events through an exploration of essential definitions, related accounting standards and relevant examples. Secure the practical skills and experience to help entities that have emerged from bankruptcy to determine their reorganization value while establishing a new basis for financial reporting. Understand the accounting and presentation issues related to the disclosure of events that occur after the balance sheet date but before financial statements are available to be issued. At the conclusion of this session you will be able to:

* Fresh-Start Accounting (ASC 852) - o Recognize when fresh-start accounting rules are applied, the purpose of fresh-start accounting, relevant accounting standards, the process of applying fresh-start accounting and relevant definitions o Recognize the financial reporting requirements during reorganization procedures and when emerging from reorganization o Identify and recognize how to properly present preconfirmation contingencies, comparative financials and entities not qualifying for fresh-start reporting

Intermediate2 to 3 years of Corporate Accounting and

Reporting experienceNone 08/19/20 09/30/22 QAS Self-Study

50 AccountingOther Comprehensive Basis of Accounting (OCBOA)

3.5


* Defining what qualifies as a comprehensive basis of accounting other than GAAP. * Differentiating the advantages and disadvantages of using a special purpose framework. * Describing the major accounting and financial reporting differences between special purpose frameworks and GAAP. * Describing the impact on audit and other attest reports on financial statements prepared using a special purpose framework.


* Discuss the most significant differences between the most common special purpose frameworks (e.g., modified cash-basis, income tax-basis) and U.S. GAAP. * Discuss important considerations when deciding on a basis of accounting under which to prepare financial statements. * Explain how audit and other attest reports should be modified when engaged to issue a report on financial statements prepared using a comprehensive basis of accounting other than GAAP.


51 AccountingPreparing for Current Expected Credit Losses (CECL) Model

1.5


* The events and background that led to the changes in credit loss reporting * Institutions affected and when they need to adopt the standard * Main provisions of the current expected credit loss (CECL) standard and amendments * Methods to be used to implement the standard and guidance on how to apply them


* Identify companies that will be affected by the current expected credit loss (CECL) standard and recognize the problems that led to the changes in credit loss reporting * List the requirements of the CECL standard * Apply the CECL model to key financial statement items affected * Apply available methods to measure credit losses



52 Accounting Preparing the Statement of Cash Flows 3.0


* Basic format and presentation of the Statement of Cash Flows * Definition of cash and cash equivalents * Disclosure of noncash activities * Proper classification of cash flow activities * Common complex cash flow issues, such as stock compensation, derivatives, business combinations, leases, and other matters


* Describe the basic format of the Statement of Cash Flows * Define cash and noncash elements of the Statement of Cash Flows * Discuss proper classification of cash flow activity * Explain common cash flow preparation issues


53 AccountingReporting Discontinued Operations and Disclosures of Disposals of Components of an Entity ASU 2014-08

2.0


* Understand the recent updates to guidance for reporting discontinued operations and disclosing disposals of property, plants, and equipment. * Explore how and why the definition of discontinued operations was changed. * Gain an understanding of how to present financial statements and disclose disposals of property, plants, and equipment as required under the updated guidance.

After completing this session you will be able to:

* Recognize the following regarding ASU 2014-08: o Why was the project undertaken o Who is affected o Main provisions of the update o Scope and effective dates * Recognize the presentation requirements for discontinued operations(ASC 205) * Identify the reporting and disclosure requirements for property, plant, and equipment (ASC 360) and discontinued operations.

Intermediate2 to 3 years of Public or Corporate

accounting experienceNone 12/10/20 06/30/22 QAS Self-Study

54 Accounting SEC Comfort Letters 2.0


* The purpose of comfort letters in the underwriting process. * The information that is typically included in a comfort letter. * The parties involved in the comfort letter process: who prepares a comfort letter, who uses a comfort letter, and how a comfort letter is used. * The guidelines and standards applicable to comfort letters.


* Identify the purpose of comfort letters in the underwriting process. * Identify what information should be included in a comfort letter. * Recognize the parties involved: who prepares a comfort letter, who uses a comfort letter, and how a comfort letter is used. * Recognize the auditing standards related to comfort letters.


55 Accounting SEC Initial Public Offering Requirements 2.0


* IPO inclusive of the purpose along with the pros and cons of going public. * The process of bringing a company to a publicly traded market. * The role of the independent auditor and other professionals. * Case studies of IPOs highlighting the outcomes and success factors.


* Identify the major concepts related to the overall IPO market. * Recognize how a company is brought to market and why. * Identify the SEC requirements for a company to go public. * Define the independent auditor's role in the IPO process. * Recognize the components of the Form S-1.

Intermediate Accounting experience (public or industry) None 02/22/21 03/31/22 QAS Self-Study

56 Accounting SEC Reporting Requirements, Part 1 2.0


* The role the Securities and Exchange Commission plays in the context of information reporting requirements of public companies. * The purpose, requirements and deadlines for the following: Statement S-1, Statement F-1, Form D, Form 10-K, Form 10-Q, Form 11-K, Form 20-F, Form 40-F, Form 6-K, Form 8-K, Form 3, Form 4, Form 5, the Proxy Statement (DEF14A), Schedule 13D, Form 144, Form S-3, Form S-4 and Form S-8. * The requirements for interim and annual financial statements pursuant to Regulation S-X and the requirements for reporting Interactive Data using XBRL.


* Identify the role the Securities and Exchange Commission (SEC) plays in the context of information reporting requirements of public companies. * Recognize the purpose, requirements and deadlines for the following: Statement S-1, Statement F-1, Form D, Form 10-K, Form 10-Q, Form 11-K, Form 20-F, Form 40-F, Form 6-K, Form 8-K, Form 3, Form 4, Form 5, the Proxy Statement (DEF14A), Schedule 13D, Form 144, Form S-3, Form S-4 and Form S-8. * Recognize the requirements for interim and annual financial statements pursuant to Regulation S-X and the requirements for reporting Interactive Data using XBRL.




* The auditor’s role in the process of SEC reporting. * The statutory sources of the auditor’s obligations in the SEC reporting process including the Securities Act of 1933, the Securities Exchange Act of 1934 and the Sarbanes-Oxley Act of 2002. * The PCAOB’s role with respect to auditors and accounting standards.


* Identify the auditor’s role in the process of SEC reporting. * Identify the statutory sources of the auditor’s obligations in the SEC reporting process including the Securities Act of 1933, the Securities Exchange Act of 1934 and the Sarbanes-Oxley Act of 2002. * Recognize the PCAOB’s role with respect to auditors and accounting standards.

Intermediate SEC reporting requirements, part 1 None 02/22/21 03/31/22 QAS Self-Study




* The various roles inherent in corporate governance. * Various concepts related to the auditor's role in SEC reporting, including but not limited to: (i) consents; (ii) comfort letters; (iii) annual management certifications; (iv) quarterly management certifications; (v) integrated audits; (vi) auditor independence; (vii) Regulation S-K; (viii) disclosures for smaller reporting companies; and (ix) non-GAAP reporting. * More complex SEC reporting rules in Regulation S-X. * The information contained in Regulation A+. * The methods of research available and sources of guidance issued by the SEC.


* Compare the various roles inherent in corporate governance; * Recognize various concepts related to the auditor's role in SEC reporting, including but not limited to: (i) consents; (ii) comfort letters; (iii) annual management certifications; (iv) quarterly management certifications; (v) integrated audits; (vi) auditor independence; (vii) Regulation S-K; (viii) disclosures for smaller reporting companies and (ix) non-GAAP reporting; * Identify and apply more complex SEC reporting rules in Regulation S-X; * Identify the application of Regulation A and A+ to the issuance of securities; * Identify the methods of research available, and sources of guidance (such as Staff Accounting Bulletins and Financial Reporting Releases) issued by the SEC.

Intermediate SEC reporting requirements, part I and II None 02/22/21 03/31/22 QAS Self-Study

59 Accounting Statement of cash flows (ASC 230) 2.0


* The statement of cash flows as a required U.S. GAAP financial statement that requires knowledge of ASC 230 * The significant but sometimes subtle differences between net income, cash flow, and operating, investing, and financing activities * Factors that produce accurate and timely cash statements which provide information crucial to any company's success * The three categories within a statement of cash flows: operating, investing, and financing activities * A case study with journal entries and working schedules that provide an opportunity to practice real-world strategies while preparing a statement to completion


* Define the evolution and purpose of the statement of cash flows. * Identify the major classifications of cash flows. * Apply the direct and indirect methods of preparing the statement of cash flows. * Name operating, investing, and financing activities that impact cash inflows and outflows. * Identify the sources of information for the statement of cash flows.


60 Accounting Statement of cash flows (ASC 230) 2.0


* The statement of cash flows as a required U.S. GAAP financial statement that requires knowledge of ASC 230 * The significant but sometimes subtle differences between net income, cash flow, and operating, investing, and financing activities * Factors that produce accurate and timely cash statements which provide information crucial to any company's success * The three categories within a statement of cash flows: operating, investing, and financing activities * A case study with journal entries and working schedules that provide an opportunity to practice real-world strategies while preparing a statement to completion


* Define the evolution and purpose of the statement of cash flows. * Identify the major classifications of cash flows. * Apply the direct and indirect methods of preparing the statement of cash flows. * Name operating, investing, and financing activities that impact cash inflows and outflows. * Identify the sources of information for the statement of cash flows.


61 Accounting Sustainability accounting and integrated reporting 2.5


* The standards and conceptual framework behind sustainability accounting, including the history, purpose, and leadership structure of the Sustainability Accounting Standards Board. * The needs and benefits of integrated reporting. * Examples of industry standards and companies currently using the framework. * Sustainability disclosure quality and current examples.


* Identify the history, purpose, and leadership structure of the SASB. * Define the Conceptual Framework and methodology used by SASB. * Recognize the needs and benefits of Integrated Reporting. * Define the Integrated Reporting <IR> framework, principles, elements, and disclosure quality.


62 AccountingTransfers and servicing of financial assets (ASC 860)

2.0


* ASC 860 and the guidance related to transfers and servicing of financial assets * What qualifies as a transfer of a financial asset * Control criteria for transfers of financial assets * How to account for sales-type transfers and finance-type transfers * What is meant by servicing of financial assets * Disclosure requirements of ASC 860.


* Recognize what qualifies as a transfer of a financial asset * Identify the control criteria for transfers of financial assets * Recognize how to account for sales-type transfers * Recognize how to account for finance-type transfers * Identify what is meant by servicing of financial assets * Identify disclosure requirements of ASC 860



63 AccountingTransparency and accuracy through fair value measurements (ASC 820)

1.5


* How different definitions and guidance in the measurement of fair value contribute to added complexity in generally accepted accounting principles (GAAP) * How practical insight into fair value measurements can help bring transparency and accuracy to an organization's financial statements


* Recognize the objectives of ASC 820 * Identify the definition of fair value (ASC 820) * Define and recognize various considerations/principles related to fair value, including: – Market-based measures vs. entity-based measures – Exit price vs. entry price – Market participants – Orderly transactions – Highest use/principal market vs. most advantageous market – Transaction costs – Transportation costs – Readily determinable fair value for certain investments * Recognize the three available techniques for measuring fair value * Recognize reasons for and the multiple levels within the fair value hierarchy * Identify the reporting requirements under ASC 820


64 Accounting XBRL: Today's Language of Business Reporting 2.5

The language of business reporting is changing, and those who don't learn it are sure to be left behind. XBRL—Extensible Business Reporting Language—is the next-generation language after HTML. Familiarize yourself with XBRL and its applications, and learn how this equivalent of a UPC code, which tells computers how to display text, is reshaping the way business information is reported.

A practical understanding of XBRL will help participants prepare themselves and their organizations for the SEC-mandated use of XBRL. Gain a solid foundational knowledge of this new language and explore the resources and tools that will ensure continued expertise even as XBRL's place in the business reporting world continues to evolve. At the conclusion of this session you will be able to:

* Define XBRL * Summarize the principles behind interactive data aka XBRL * Summarize the benefits and uses of XBRL * Identify the requirements established by the SEC for providing financial data using XBRL * Summarize the steps taken to evaluate XBRL files * Identify the audit implications of XBRL * Identify how to keep up with XBRL development and resources

Basic Experience in Financial Reporting None 04/26/21 04/30/23 QAS Self-Study

65 Accounting (Governmental)Accounting for Revenues in Government (Emphasis on Non-Exchange Transactions)

3.0

Revenue recognition is one of the most important reporting areas faced by accountants and standard setters. Avoid the many traps related to recognizing revenue in governments while you become familiar with GAAP requirements of revenue recognition.

With illustrative examples and an examination of important principles, participants will acquire the background and context to accurately identify and resolve revenue recognition issues. After completing this session you will be able to:

* Identify principles for revenue recognition using modified accrual accounting in governmental funds and contrast them to accrual accounting principles * Recognize categories of transactions used to identify non-exchange transactions in government and associated recognition criteria * Apply time and eligibility requirements for recognition of specific derived tax revenues * Apply time and eligibility requirements for recognition of specific imposed non-exchange revenues * Apply time and eligibility requirements for recognition of specific government-mandated and voluntary non-exchange revenues * Apply modified accrual revenue recognition principles to specific exchange and exchange like transactions

IntermediateBasic understanding of governmental accounting and appropriate Public or Governmental accounting experience



66 Accounting (Governmental) Federal Appropriation Principles-An Overview 1.5 Participants will gain a practical and relevant understanding of the federal appropriation principles and processes.

This course will provide an overview of federal appropriation law, budgetary practices and terms, and controls over the expenditure of appropriated fundsin the federal government sector. After completing the course, the participant should be able to:

* Identify key appropriation law principles within the U.S. Constitution, and statutes governing the appropriation and expenditure of federal government funds; * Identify the main components of the federal budget process; * Identify the main components of an appropriation act: availability as to purpose, time, and amount; * Recognize key aspects of the Antideficiency Act.


67 Accounting (Governmental)Federal Government Contracting—An Introduction

2.0 Participants will gain a practical and relevant understanding of the federal government contracting environment.

This course will provide an overview of government contracting in the federal sector. It will describe roles and responsibilities of government and contractor personnel, address the organization of the Federal Acquisition Regulation (FAR) and certain key provisions, describe contract elements and types, identify the major components of the procurement cycle, and develop an understanding of accounting system requirements and ethical considerations. After completing the course, the participant should be able to:

* Describe the Federal Acquisition Regulation and be able to locate key FAR provisions. * Describe the role of the Contracting Officer, the Contracting Officer's Representatives and other members of the Acquisition Team. * Identify the major sections of a federal government contract and features of three types of contracts (firm-fixed-price, cost-plus-fixed-fee, and time-and-materials). * Identify features of the procurement cycle: contract planning and award, contract administration, and contract closeout. * Identify key considerations relating to accounting systems, ethics, and improper business practices


68 Accounting (Governmental) GASB Other Postemployment Benefits (OPEB) 2.0

This course will cover the following:

* GASB Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans * GASB Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions


* Recognize Financial Statements Required by GASB 74 * Describe the process for measuring OPEB Liability * Identify Disclosures required by GASB 75


69 Accounting (Governmental) GASB Statement 87: Leases 2.0


* Lessee Accounting * Lessor Accounting


* Describe lessee accounting for leases. * Describe lessor accounting for leases.


70 Accounting (Governmental) Introduction to Government/Fund Accounting 4.0


* Government accounting and financial reporting reports * Government fund accounting * State and local government consolidated financial statements * Analyzing government financial statements


* Recognize objectives of state and local government accounting standards and the role of the Governmental Accounting Standards Board (GASB) * Identify key elements of Governments' financial reporting model and Annual Comprehensive Financial Report (ACFR) * Define deferred inflow and outflow of resources and their reporting by state and local governments * Recognize requirements for reporting constraints on government fund resources * Identify unique aspects of modified accrual accounting used by governmental funds * Apply key accounting procedures used in the preparation of both fund and government-wide financial statements * Identify key aspects of governmental financial statement analysis



71 Auditing Audit Quality: How to Prevent Audit Failure 2.0


* The AICPA’s enhancing audit quality initiatives * Quality control standards * Best practices * Proposed changes to quality control


* Recognize the key elements of the AICPA’s enhancing audit quality initiative * List proposed changes to quality control * Identify best practices in quality control

Update Prior experience with GAAS audits None 10/29/20 09/30/22 QAS Self-Study

72 AuditingAccountants' Responsibilities Regarding Fraud, Part 2

2.0


* Common motivations to commit fraud * Financial statement fraud, asset misappropriation, billing fraud, and other types of fraud * The CPA's responsibilities in detecting and preventing fraud

After completing the session you will be able to:

* Define the strategies that CPAs utilize to detect financial statement fraud. * Apply the identification process of recognizing misappropriation schemes. * Define corruption and the impact of corruption. * Identify four categories of committing corruption fraud. * Identify the warning signs of corruption. * Recognize the steps that should be taken to prevent corruption fraud and the required organizational support for fraud prevention.

BasicAccountants' Responsibilities Regarding

Fraud, Part 1None 04/26/21 04/30/22 QAS Self-Study

73 AuditingAccountants’ Responsibilities Regarding Fraud, Part 1

2.0


* Fraud: The Issues * Fraud: The CPA's Responsibility * Profile of Employees Who Commit Fraud * Employee Fraud * Prevention of Financial Statement Fraud


* Identify the cost of fraud and ways it is committed * Define the CPA's general duties relating to fraud as defined by SAS No. 99, Sarbanes-Oxley, etc. * Recognize the profile of employees who commit fraud * Define the major categories of employee fraud, the impact, and how they are committed * Identify how to prevent financial statement fraud


74 Auditing AICPA Control Risk Assessment Requirements 2.0


* Common deficiencies in internal control risk assessment * Procedures for internal control assessment * Components of internal controls * Testing operating effectiveness of internal controls


* Describe required audit procedures for assessing internal controls. * Define internal controls.


75 AuditingAICPA Engagement Quality Control Review (EQCR)

2.0


* Quality Control Standards—Firmwide Standards—Firmwide * Audit Requirements for ECQR * Common Deficiencies


* Identify common deficiencies in engagement quality control reviews. * Recognize how engagement quality control reviews impact audit quality.


76 Auditing AICPA Risk Assessment Requirements 2.0


* Definitions * Risk Assessment Procedures * Five Components of Internal Control * Documentation Requirements


* Define audit risk. * List procedures required by GAAS for risk assessment.


77 Auditing Analytical Procedures Used by Auditors 3.0


* Describing the definition and application of analytical procedures. * Using substantive analytic procedures to satisfy audit objectives. * Designing and performing substantive analytic procedures. * Strengthening substantive analytic procedures. * Performing overall final analytics on audit engagements. * Using analytic procedures on review engagements. * Using analytic procedures to identify potential fraud, and other matters.


* Discuss how strong analytical procedures support engagement objectives. * Explain how to improve the design and application of analytical procedures on audit and other attest engagements. * Describe how to use the evidence from analytical procedures to either confirm or contradict financial statement assertions made by management.



78 Auditing Asset Misappropriation Schemes 1.5


* Who is misappropriating assets * Why and how they're doing it * How to protect individuals, companies, and clients


* Define asset misappropriation. * Name the types of asset misappropriation. * Define asset misappropriation facts. * Recognize the common perpetrators of asset misappropriation and their motives. * Identify the warning signs of asset misappropriation. * Recognize the methods of concealing asset misappropriation. * Identify corporate and client schemes and solutions.


79 AuditingAudit Sampling, Part 1: Introduction to Basic Sampling Concepts and Terms

2.5


* Audit sampling and its definition * When audit sampling is valuable * Audit sampling and audit evidence * Sampling risk in statistical and nonstatistical sampling * The steps used to perform an audit sampling application * The audit risk model * Basic terms and concepts in sampling


* Recognize the audit risk model and how it can be used with sampling to accomplish audit objectives. * Identify the basic terms and concepts we will be using in the course that are common to all samples. * Distinguish between statistical and nonstatistical methods when sampling is performed. * Recognize some basic situations when sampling is being applied.


80 AuditingAudit Sampling, Part 2: Attribute Sampling for Tests of Controls and Selecting a Representative Sample

2.0


* Attribute sampling and audit sampling * Sample size determination * Sample selection * Issues relating to tests of controls * Performing audit procedures * Evaluating sampling results and documentation


* Recognize how attribute sampling can meet stated audit objectives * Determine defensible attribute sample sizes and evaluate sample results * Identify common attribute sampling issues and some practical solutions * Recognize issues that can arise when selecting a sample and simple solutions to some of these problems * Identify basic concepts of nonstatistical sampling

BasicAudit Sampling, Part 1


81 AuditingAudit Sampling, Part 3: Substantive Audit Sampling – An Introduction

2.5


* Determining the extent of further audit procedures * Substantive audit sampling techniques and tolerable misstatement * Audit implications of substantive test results * Communications with management and governance * Techniques for substantive detail test sampling * Monetary unit sampling * Selecting a PPS sample


* Recognize the relationship of substantive detail sampling to the risk of material misstatement (RMM) and other substantive audit procedures. * Recognize the audit implications of factual (known) misstatements identified in sampling and nonsampling procedures. * Recognize the audit implications of projected misstatements from sampling procedures. * Recognize how to select a valid item-based or probability proportional to size (PPS)-based statistical sample. * Differentiate MUS from other sampling methods.

Basic Audit Sampling, Part 2 None 04/26/21 05/31/22 QAS Self-Study

82 Auditing Auditing Accounts Receivable 2.0


* The audit risks associated with accounts receivable and how to assess those risks * Areas for internal control weaknesses within the accounts receivable cycle * Audit procedures used to detect material misstatement in accounts receivable * Financial statement presentation and disclosure requirements


* Perform a risk assessment over accounts receivable. * Assess the internal control structure surrounding accounts receivable. * Perform audit procedures to test the accounts receivable balances. * Understand required financial statement disclosures for accounts receivable.


83 Auditing Auditing Cash and Cash Equivalents 2.0


* Understanding different audit areas for cash and cash equivalents. * Areas for internal control weaknesses. * Audit procedures used to detect material misstatement in cash. * Financial statement presentation and disclosure requirements.


* Perform a risk assessment over cash and cash equivalents. * Assess the internal control structure surrounding cash. * Perform substantive audit procedures to test cash balances. * Understand required financial statement disclosures for cash.



84 Auditing Auditing Contingencies 2.0


* The audit risks associated with contingencies and how to assess those risks * Areas for internal control weaknesses within the contingency valuations process * Audit procedures used to identify and value material contingencies * Financial statement presentation and disclosure requirements


* Define contingency and understand basic accounting requirements. * Perform a risk assessment over contingencies. * Assess the internal control structure surrounding contingencies. * Perform substantive audit procedures to identify and test contingencies. * Understand required financial statement disclosures for contingencies.


85 Auditing Auditing Current Liabilities 2.0


* The audit risks associated with current liabilities and how to assess those risks. * Areas for internal control weaknesses within the payables cycle. * Audit procedures used to detect material misstatement in current liabilities. * Financial statement presentation and disclosure requirements.


* Perform a risk assessment over current liabilities. * Assess the internal control structure surrounding liabilities and payables. * Perform audit procedures to test current liability balances. * Understand required financial statement disclosures for current liabilities.


86 Auditing Auditing Employee Benefit Plans – Part 1 2.0


* The rules and regulations from the IRS and Department of Labor (DOL) associated with employee benefit plans. * The audit and reporting requirements associated with employee benefit plans. * The risk assessment process and related documentation including internal controls. * The linkage between the identified risks, assessed risks and detailed audit procedures. * The unique attributes of employee benefit plans and the differences between an EBP audit and other financial statement audit engagements.


* Define the audit and reporting requirements for employee benefit plans. * Perform the planning and risk assessment process for employee benefit plans. * Recognize the unique attributes associated with auditing employee benefit plans.


87 Auditing Auditing Employee Benefit Plans – Part 2 2.0


* How to design audit procedures in direct response to assessed risks of material misstatement. * The common audit procedures for employee benefit plans engagements. * How the auditor should respond when operational and administrative errors are identified. * The other audit consideration such as maintaining the plan's qualified status. * The financial statement preparation and reporting process including common financial statement mistakes.


* Respond to assessed risks of material misstatement and design detailed audit procedures. * Perform detailed audit procedures related to employee benefit plans. * Recognize common financial statement mistakes.

Basic Auditing Employee Benefit Plan—Part 1 None 12/16/20 09/30/22 QAS Self-Study

88 Auditing Auditing Fair Value 2.0


* Accounting for Fair Value * Auditing Estimates (AU-C 540) * Audit Strategies


* Define Fair Value. * Describe the fair value hierarchy. * List strategies for auditing fair value.

Intermediate Basic Understanding of Fair Value None 04/26/21 05/31/22 QAS Self-Study

89 Auditing Auditing Long Term Liabilities 2.0


* The audit risks associated with long term liabilities and how to assess those risks. * Areas for internal control weaknesses within the payables cycle. * Audit procedures used to detect material misstatement in long term liabilities. * Financial statement presentation and disclosure requirements.


* Perform a risk assessment over long term liabilities. * Assess the internal control structure surrounding long term liabilities. * Perform audit procedures to test long term liability balances. * Understand required financial statement disclosures for long term liabilities.



90 AuditingAuditing Opinions: Understanding the Fundamentals from Standards to Reports

2.5

With corporate scandals ushering in the 21st century and the recent economic downturn, the role of the auditor has taken on heightened significance in today's corporate world. In this two-part course, participants will obtain the necessary background and skills to conduct audits in accordance with Generally Accepted Auditing Standards (GAAS) and fairly present statements in accordance with Generally Accepted Accounting Principles (GAAP).

In the session you will review the role of the auditor and the importance of the audit function. At the conclusion of this session you will be able to:

* Identify the guidelines that define an auditor's professional standards – e.g., Generally Accepted Auditing Standards, Generally Accepted Government Auditing Standards * Recognize the overall objectives of the auditor and the general guidelines for the conduct of the audit * Identify the components of the auditor's standard report (Unmodified Audit Opinion) * Recognize the various types of audit opinions, the conditions and events that support the various types of audit opinions, and the auditor's responsibility, and documentation requirements * Define the auditor's responsibility when issuing an opinion on comparative financial statements * Define Type I and II events and the associated impact on financial reporting and identify the auditor’s responsibility for subsequent events * Recognize the various types of client


91 Auditing Auditing Prepaid Expenses 1.5


* The audit risks associated with prepaid expenses and how to assess those risks * Areas for internal control weaknesses within the prepaid expense process * Audit procedures used to identify and value prepaid expenses * Financial statement presentation and disclosure requirements


* Define prepaid expenses and understand basic accounting requirements. * Perform a risk assessment over prepaid expenses. * Assess the internal control structure surrounding prepaid expenses. * Perform substantive audit procedures to identify and test prepaid expenses. * Understand required financial statement disclosures for prepaid expenses.


92 Auditing Auditing Revenue Recognition 2.5


* GAAP requirements for revenue recognition * Important considerations in auditing revenue * PCAOB guidance for transition adjustments, transition disclosures, controls, and risk assessment. * Outlook


* Define and apply the Revenue Recognition principles of ASC 606, Revenue from Contracts with Customers. * Identify important considerations in auditing revenue. * Recognize specific matters related to auditing revenue as described in PCAOB Staff Audit Practice Alert No. 15 including transition adjustments, transition disclosures, and fraud risk.


93 Auditing Auditing Typical Investments 2.0


* The audit risks associated with a typical investment portfolio and how to assess those risks. * Areas for internal control weaknesses within the investments cycle. * Audit procedures used to detect material misstatement within typical investments. * Financial statement presentation and disclosure requirements.


* Perform a risk assessment over typical investments. * Assess the internal control structure surrounding typical investments. * Perform audit procedures to test typical investment balances. * Understand required financial statement disclosures for typical investments.


94 AuditingComparing the Audit Standards - AICPA vs. PCAOB vs. International Standards

3.0


* The three primary audit standard-setting bodies. * Differences between the audit standard requirements of the AICPA, IAASB, and PCAOB. * Certain special issues faced in the United States as it relates to financial statement audits. * Special considerations when an auditor is required to comply with multiple auditing standards in the same report.


* Discuss the formation and purpose of primary financial statement audit standard setting bodies. * Explain the similarities and differences between the primary financial statement audit standard requirements. * Describe challenges with complying with multiple standards on the same engagement.



95 AuditingCompilations and Reviews – Avoiding Peer Review Deficiencies (Updated for SSARS 24)

3.0


* Recent changes as a result of SSARS 24 related to preparation, compilation, and review engagements. * General ethical and quality control considerations. * When each type of SSARSs engagement applies. * Required procedures for each type of engagement. * Special purpose framework considerations. * Reporting and other required communication considerations. * Minimum documentation requirements.


* Describe the modifications to preparation, compilation, and review engagements as a result of SSARS 24 * Describe the most common peer review deficiencies related to engagements in accordance with the SSARSs. * Explain SSARSs engagement deficiencies that lead to lower engagement quality. * Discuss practical insights into avoiding quality control deficiencies on SSARSs engagements.


96 Auditing Completing the Audit 3.0


* The requirements related to completing an audit * Common final testwork and procedures performed as part of audit completion activities * Financial statement review procedures * Audit reporting


* Identify the appropriate procedures to perform assessment of control deficiencies and misstatements * Analyze subsequent events and assess related disclosure * Understand necessary financial statement review procedures * Describe the types of audit opinions * Describe the communications required between the auditor and management and the audit committee


97 Auditing Completing the Audit 3.0


* The requirements related to completing an audit * Common final testwork and procedures performed as part of audit completion activities * Financial statement review procedures * Audit reporting


* Identify the appropriate procedures to perform assessment of control deficiencies and misstatements * Analyze subsequent events and assess related disclosure * Understand necessary financial statement review procedures * Describe the types of audit opinions * Describe the communications required between the auditor and management and the audit committee


98 Auditing Corruption, Part 1 1.5


* How and why corruption happens * How to deter and detect it an organization


* Define corruption, asset misappropriation, and fraudulent statements within the Occupational Fraud and Abuse Classification system * Recognize common corruption facts and figures * Name examples of the major perpetrators of corruption according to their position, department, industry, country, and motives * Identify the red flags and warning signs of corruption * Recognize signs of possible corruption in an organization

Intermediate2 to 3 years of accounting and audit

experienceNone 02/22/21 03/31/22 QAS Self-Study

99 Auditing Corruption, Part 2 2.0

This course will be an overview of The Foreign Corrupt Practices Act (FCPA), which prohibits bribery of foreign officials in exchange for contracts and other favors. With enforcement against both businesses and executives at an all-time high, it is essential for any company doing business abroad to know this complex law and maintain an effective compliance program.

Learners will understand:

* How foreign corrupt practices are defined * How and why corruption happens * The proactive steps businesses can take to manage risk

At the conclusion of this section, learners will be able to:

* Recognize the purpose, rules, requirements, and recommendations of the Foreign Corrupt Practices Act * Identify the penalties within the Foreign Corrupt Practices Act * Recognize the characteristics of and trends revealed by FCPA cases and enforcement * Identify how to deter and prevent corruption within an organization

IntermediateCorruption Part 1, plus 2 to 3 years of

accounting and audit experienceNone 02/22/21 03/31/22 QAS Self-Study

100 Auditing Data analytics using IDEA: Audit analytics 2.0

This introductory course is based on CaseWare IDEA version 10. The course will be an overview of:

* The definition and different types of audit data analytics * The benefits and limitations of audit data analytics * Audit data analytics for structured problems * Audit data analytics for unstructured problems * Automation

Download IDEA version 10 by following directions in the reference materials below.


* Describe the definition and different types of audit data analytics * Describe the benefits and limitations of audit data analytics * Perform audit data analytics for structured problems * Perform audit data analytics for unstructured problems * Understand the benefits of automation



101 Auditing Enhancing audit quality 2.0


* Overview of the Enhancing Audit Quality Initiative * Highlights of completed and in-process projects * Summarization of Statement on Quality Control Standards and planned updates * Recently issued and proposed audit standards intended to improve audit quality


* Describe key elements of the AICPAs Enhancing Audit Quality Initiative, including what has already been accomplished and what is left to do * Explain the fundamental principles of the AICPAs Statement on Quality Control Standards * List recent changes or developments intended to improve the quality of financial statement audits, including recently modified audit standards


102 Auditing Evaluating internal controls post-pandemic 3.0


* The importance of each of the key components of a sound system of internal controls over financial reporting, regardless of entity's nature, size, complexity, or current operating environment * Understanding the critical role of information technology (IT) general and application controls to reliable financial reporting, especially in the current operating environment * Identifying and evaluating the sufficiency of key controls to satisfy an entity's control objectives post-pandemic, especially smaller entities with fewer resources


* Describe critical concepts promulgated by COSO's internal control that remain important in the current operating environment * Explain best practices for designing, implementing and monitoring internal controls over reliable financial reporting, which are particularly important post-pandemic * List the impact on the use of technology in post-pandemic controls * Explain the importance of focusing on key controls to eliminate or mitigate financial reporting risks, especially post-pandemic


103 Auditing Evaluating internal controls post-pandemic 3.0


* The importance of each of the key components of a sound system of internal controls over financial reporting, regardless of entity's nature, size, complexity, or current operating environment * Understanding the critical role of information technology (IT) general and application controls to reliable financial reporting, especially in the current operating environment * Identifying and evaluating the sufficiency of key controls to satisfy an entity's control objectives post-pandemic, especially smaller entities with fewer resources


* Describe critical concepts promulgated by COSO's internal control that remain important in the current operating environment * Explain best practices for designing, implementing and monitoring internal controls over reliable financial reporting, which are particularly important post-pandemic * List the impact on the use of technology in post-pandemic controls * Explain the importance of focusing on key controls to eliminate or mitigate financial reporting risks, especially post-pandemic


104 AuditingFraud and Abuse in Nonprofit and Government Environments

2.5


* The fraud environment * The fraud triangle and common types of fraud * Results of recent fraud surveys * Unique concerns to governmental and non-profit entity environments * Tips for better cybersecurity risk management * The auditor’s responsibility for fraud


* Discuss the common types of fraud in a non-profit or governmental environment. * Describe best practices for mitigating the risk of fraud and abuse. * Explain the independent auditor’s responsibility for identifying and communicating fraud and abuse in a financial statement or compliance audit.


105 Auditing Fraud Investigation, Part 2 1.0


* Concealment investigation approaches, methods, and techniques * The elements of discovery sampling to gather evidence * The importance and value of documentary evidence * The process of obtaining documentary evidence * The techniques and practice of obtaining complex documentary evidence


* Define perpetrator methods to convert stolen funds * Identify different investigation techniques for concealment fraud * Define discovery sampling as an evidence-gathering technique * Describe various ways to perform a conversion search in a fraud investigation

Basic None Fraud Investigation,Part 1 04/26/21 02/28/22 QAS Self-Study

106 Auditing Fraud Investigation, Part 3 1.5


* Interrogation plans, procedures, and techniques * The elements of crisis stages in fraud * Witness inquiry and communication techniques * The techniques of detecting deceptive behavior in an interview * The preparation of a fraud report


* Describe procedures used to plan and conduct an interrogation interview * Identify the crisis stages of fraud * Describe effective communication techniques in inquiry of witnesses * Identify techniques of detecting deceptions in investigation interviews * Identify the components of a fraud report

Basic N/A Fraud Investigation, Parts 1 and 2 03/25/21 08/31/22 QAS Self-Study


107 Auditing Group Audit (AU-C 600) 1.5


* The background of the clarity standards and group audits * Key definitions in AU-C 600 * A discussion of the performance and reporting requirements for group audits


* Identify the requirements of AU-C 600 when there is no component auditors, when making reference to component auditor and when assuming responsibility for component auditor


108 AuditingHow to Assess Internal Controls and Safeguard Assets

2.0

Internal control is a process designed to reasonably assure an organization's objectives are met regarding operational efficiency and effectiveness, financial reporting reliability, and compliance with laws and regulations. Gain a thorough overview of internal control and a practical perspective that can be applied to any organization.

Through an exploration of best practices and an in-depth analysis of related issues, participants will define internal control, study its relationship to managerial objectives, understand its limitations and grasp the key characteristics of a sound control environment. At the conclusion of this session you should be able to:

* Recognize the Committee of Sponsoring Organizations of the Treadway Commission (COSO) internal control framework and the inherent limitations of internal control. * Identify the characteristics of the following components of the COSO internal control framework: o Control environment o Risk assessment o Information and communication o Monitoring o Existing control activities * Recognize the various roles & responsibilities of internal and external parties as it relates to internal controls. * Identify internal control best practices.


109 AuditingHow to Properly Prepare Audit Documentation and Workpapers, Part 1

2.0

This two part course will offer a detailed study of audit documentation and procedures, including planning and supervision, internal control, and substantive testing as well as an overview of Generally Accepted Auditing Standards.

As the primary documented record of work performed and evidence obtained in an audit, workpapers are a critical component of the audit process. In the first part, participants will be presented with auditing standards and workpaper content. At the conclusion of this session you will be able to:

* Understand GAAS standards including the main provisions associated with risk assessment * Define reasonable assurance * Define and identify the purpose of audit documentation * Recognize specific GAAS, PCAOB, SSARS, SCQS, and ET requirements related to audit documentation * Define audit evidence and identify the characteristics of sufficient appropriate audit evidence * Define and recognize the relevant management assertions * Identify the types of procedures used in an audit * Name the types of audit documentation and common workpaper requirements


110 AuditingHow to Properly Review Audit Documentation and Workpapers, Part 1

2.0

In this two part course, Managers and Partners will gain a firm understanding of the practical objectives and goals of workpaper reviews as well as all of the issues – from the conceptual to the specific.

Managers and Partners will gain a working knowledge of the fundamental issues and processes necessary to review audit documentation and workpapers. Ensure that your review procedures comply with Generally Accepted Auditing Standards. In this first part, participants will explore audit risk and management issues around documentation. At the conclusion of this session you will be able to:

* Define the audit risk model. * Identify the impact of the components of audit risk on an audit. * List the management assertions and identify the assertions that apply to transactions and events, account balances, and presentation and disclosure. * Recognize the provisions of AU-C Sec. 200, 320, 450, & 530, AU-C Sec. 315, and AU-C Sec. 330. * Identify management considerations regarding documentation. * Identify the various documentation requirements for risk assessment procedures.

Intermediate4 to 7 years of Public Accounting Audit



111 AuditingHow to Properly Review Audit Documentation and Workpapers, Part 2

2.0

In this two part course, Managers and Partners will gain a firm understanding of the practical objectives and goals of workpaper reviews as well as all of the issues – from the conceptual to the specific.

Managers and Partners will gain a working knowledge of the fundamental issues and processes necessary to review audit documentation and workpapers. Ensure that your review procedures comply with Generally Accepted Auditing Standards. In this second part, participants will continue to explore documentation as well as AU-C Sec. 530. At the conclusion of this session you will be able to:

* Identify the documentation required for specific accounts – e.g., Cash, Inventories, Revenue * Define the objectives/purpose of reviewing audit documentation * Recognize checklists that help ensure a thorough review as well as providing a means to documenting a review * Identify common shortcomings of audit documentation * Name the key components of AU-C Sec. 530

Intermediate

The successful completion of Becker Professional Education's How to Properly

Review Audit Documentation and Workpapers, Part 1 and 4 to 7 years of

Public Accounting Audit experience.


112 AuditingIdentifying and Communicating Internal Control Matters on An Audit

3.5


* Required communications related to internal control matters noted on a financial statement audit * Additional responsibilities when performing an integrated audit of internal controls * Properly classifying significant deficiencies and material weaknesses * Differences in audit requirements for public and nonpublic entities


* Describe factors for proper categorization of identified internal control matters. * Explain proper reporting of internal control matters to management and those charged with governance. * Discuss additional considerations when engaged to perform an integrated audit of internal controls over financial reporting. * Explain the differences between audit standard requirements for public and nonpublic entities.


113 Auditing Introduction to Audit Sampling 2.0


* Sampling Terminology * Attribute verses Variable Sampling * Sample Size * Sample Selection * Common Findings


* Recognize the audit risk model and how it can be used with sampling to accomplish audit objectives. * Identify the basic terms and concepts common to all samples. * Recognize the relationship of substantive detail sampling to the risk of material misstatement.


114 Auditing Introduction to Employee Benefits, Part 1 2.0


* The definition of different types of employee benefit plans. * The effect of government regulations on employee benefitplans. * The issue of internal control of a service organization * relevant to an audit of an employee benefit plan. * The audit requirements of employee benefit plans.


* Recognize the difference between defined contribution, defined benefit, and welfare benefit plans. * Identify the effect of government regulations on employee benefit plans. * Identify employee benefit plan audit requirements.


115 AuditingManaging Professional Liability Risk in Nonattest Services

3.0


* Differentiations between attest and Non-attest services. * Code of Professional Conduct and other professional requirements relevant to Non-attest services. * Best practices for engaging, performing, documenting, and communicating the results of Non-attest engagements. * Requirements specific to SSARS Section 70 related to Non-attest engagements to prepare financial statements.


* Describe the risks associated with providing Non-attest services. * Explain best practices related to managing the risks associated with providing Non-attest services. * Discuss the requirements of SSARS Section 70 related to preparing financial statements.


116 AuditingNavigating System and Organization Control (SOC) Reports

2.0


* The history and background of SOC reporting * AICPA’s determination of the need for SOC reporting * The components of SOC 1, SOC 2, and SOC 3 reports * Determining the appropriate SOC report for an organization * Auditing SOC reports


* Define System and Organization Control (SOC) reporting * Identify the characteristics of SOC 1, SOC 2, and SOC 3 * Recognize the differences between SOC 1, SOC 2, and SOC 3 * Identify which report (SOC 1, SOC 2, SOC 3) is appropriate for an organization * Recognize how auditing standards (SSAE 16, SSAE 18, and AU-C Section 402) impact SOC reporting



117 AuditingPlanning for a smooth audit: How to work with your auditors

2.0


* The client-external auditor relationship * The general stages of the external audit * Tools and techniques corporations can use throughout the external audit process * The COVID-19 pandemic’s effect on the external audit process


* Understand the inner workings of the client-external auditor relationship * Identify the general stages of an external audit * Identify the roles of the client and the corporate accounting staff in completing the external audit * Understand the impact of the COVID-19 pandemic on the external audit process * Understand ways to prepare for a smooth external audit


118 AuditingPlanning for a smooth audit: How to work with your auditors

2.0


* The client-external auditor relationship * The general stages of the external audit * Tools and techniques corporations can use throughout the external audit process * The COVID-19 pandemic’s effect on the external audit process


* Understand the inner workings of the client-external auditor relationship * Identify the general stages of an external audit * Identify the roles of the client and the corporate accounting staff in completing the external audit * Understand the impact of the COVID-19 pandemic on the external audit process * Understand ways to prepare for a smooth external audit


119 Auditing Professional Skepticism for Public Accountants 3.5


* Professional skepticism defined and differentiated from professional judgment * Characteristics of sufficient appropriate audit evidence and relationship to audit risk * Applying concepts to both audit and non-audit engagements * Specific tips for enhancing the exercise of professional skepticism * Real-life examples of applying professional skepticism * Relationship to responsibilities for fraud and noncompliance


* Describe the important role that professional skepticism plays in all audit and other attest services. * Explain the linkage of maintaining professional skepticism to identifying fraud, error, and noncompliance. * Discuss examples of the proper application of professional skepticism in identifying real-life accounting and financial reporting issues.


120 Auditing Remote Auditing 2.0


* Important considerations for remote auditing * Best practices as identified by the AICPA and practice aid vendors * GAAP considerations related to the COVID-19 environment


* Identify the main drivers for successful remote audits * Identify the people considerations of remote audits and how to deal with them * Identify the process considerations of remote audits and how to deal with them * Identify the technology considerations of remote audits and how to deal with them * Recognize the accounting issues relevant to the COVID-19 environment


121 AuditingReporting on subject matters other than historical financial statements

3.0


* The most common attest engagements on subject matters other than historical financial statements. * Common threads between relevant attest standards contained in the most recent SSARSs and the SSAEs. * Overcoming quality control challenges in any attestation engagement.


* Discuss the application of the SSARSs and SSAEs to subject matters other than historical financial statements, including the most recent standards. * Describe common attest engagements on subject matters other than historical financial statements. * Explain the similarities and differences in various attest engagements. * Discuss quality control best practices on any attest engagement.


122 Auditing Required Auditor Communications 3.5


* Establishing the terms of engagement. * Fraud and noncompliance considerations. * AU-C Section 260, The Auditor’s Communication With Those Charged With Governance. * Communicating Internal Control Related Matters Identified in an Audit. * Comparison to PCAOB, International Audit Standards and Government Audit Standards.


* Discuss the nature and purpose of required communications between financial statement auditors and reporting entity management and those charged with governance. * Describe the required form of communication, depending on the nature of the identified matter. * Explain circumstances when communications with outside third parties may be appropriate.



123 Auditing Required Communications in an Audit 2.0


* Communications to Those Charged With Governance * Communication of Internal Control Deficiencies * Additional Yellow Book Considerations


* List required items to be disclosed under AU-C 260 and AU-C 265 * Identify additional communication requirements for Yellow Book


124 Auditing Root Cause Analysis, Part 1 2.0


* This is part 1 of a two part course that will take a look at how to effectively use Root Cause Analysis (RCA). We will dive into understanding why events occur and how to develop effective recommendations to prevent recurrence of negative outcomes and promote recurrence of positive ones. The course will also cover how Internal Auditors can use RCA.


* Differentiate between problem solving and root cause analysis. * Implement the steps for carrying out effective root cause analysis (RCA). * Be able to select from and apply a variety of tools that support root cause analysis. * Recognize when to utilize RCA in Internal Audit. * Determine where, when and how to apply root cause analysis techniques. * Learn how to complete root cause analysis using the most common methods that are used in auditing. * Using the appropriate RCA investigative tools, identify the root cause. * Recognize common barriers to root cause analysis and apply techniques to overcome those barriers.


125 Auditing Root Cause Analysis, Part 2 1.5


* This is part 2 of a two part course that will take a look at how to effectively use Root Cause Analysis (RCA). We will dive into understanding why events occur and how to develop effective recommendations to prevent recurrence of negative outcomes and promote recurrence of positive ones. The course will also cover how Internal Auditors can use RCA.


* Differentiate between problem solving and root cause analysis. * Implement the steps for carrying out effective root cause analysis (RCA). * Be able to select from and apply a variety of tools that support root cause analysis. * Recognize when to utilize RCA in Internal Audit. * Determine where, when and how to apply root cause analysis techniques. * Learn how to complete root cause analysis using the most common methods that are used in auditing. * Using the appropriate RCA investigative tools, identify the root cause. * Recognize common barriers to root cause analysis and apply techniques to overcome those barriers.


126 AuditingSSAE No. 19 - Agreed upon procedures engagements

2.0


* The requirements of SSAE No. 19, Agreed-Upon Procedures Engagements. * Overcoming quality control challenges in agreed-upon procedures engagements.


* List the requirements of SSAE No. 19, Agreed-Upon Procedures Engagements. * Describe common quality control issues related to agreed-upon procedures engagements.


127 Auditing SSARS 21 1.5

This course will provide information on the newly issued SSARS 21 guidance regarding:

* General principles for engagements performed in accordance with SSARS. * Objectives, requirements, and reporting for preparation engagements. * Objectives, requirements, and reporting for compilation engagements. * Objectives, requirements, and reporting for review engagements.


* Identify general principles for engagements performed in accordance with SSARS 21. * Identify objectives and apply requirements for preparation engagements. * Identify objectives and apply requirements for compilation engagements. * Identify objectives and apply requirements for review engagements.


128 AuditingThe Auditor’s Responsibilities Relating to Other Information Included in Annual Reports

1.0


* SAS 137 * Audit procedures for annual reports


* Define annual report. * Describe audit procedures required under SAS 137.

Basic Prior experience with auditing None 12/10/20 12/31/21 QAS Self-Study


129 AuditingThe Impact of Sarbanes-Oxley on Internal Controls

2.0

The Committee of Sponsoring Organizations (COSO) of the Treadway Commission Study established internal control to be a process with five interrelated components. Learn how the far-reaching COSO principles enable compliance with the stringent requirements of the watershed Sarbanes-Oxley Act.

In this course we examine the Internal Control Framework developed in the COSO study and understand how the framework facilitates Sarbanes-Oxley compliance. At the conclusion of this session you should be able to:

* Recognize the purpose and definition of internal control * Recognize the objectives of a system of internal controls, the five components of internal control, and the three dimensions of the internal control relationship * Identify the principles that underlie the five components of internal control * Recognize the different categories of internal control over information systems * Define and recognize deficiencies in internal control * Recognize the roles and responsibilities related to internal control * Recognize the effects of Sarbanes-Oxley on internal control


130 Auditing Upcoming Peer Review, Part 1 1.5


* Recent changes to the peer review standards, interpretations, and other related guidance. This course will summarize these changes and help with preparation for upcoming peer reviews. * The new quality control forms related to the review of the design of, and the firm's compliance with, a firm's system of quality control. * Differences between system and engagement reviews. * Differences in engagement selection by the peer reviewer. * Lessons learned from enhanced oversights.


* Identify key steps and considerations related to planning system or engagement review, scheduling a peer review, and selecting the peer reviewer * Describe specific items or information which might be requested during a peer review * Identify major elements of the AICPA Standards for Performing and Reporting on Peer Reviews * Recognize types of peer review risk as well as significant deficiencies in reports of system and engagement reviews


131 Auditing Upcoming Peer Review, Part 2 1.5


* How to prepare for an upcoming peer review * Recent changes to the peer review standards, interpretations, and other related guidance * The new quality control forms related to the review of the design of and the firm's compliance with a firm's system of quality control * Tools that exist to help firms document their system of quality control * System reviews to help the firm design and comply with effective quality control policies and procedures over its auditing and accounting environment * Differences between system and engagement reviews * Differences in engagement selection by the peer reviewer * Lessons learned from enhanced oversights.


* Identify specific elements of QC section 10, A Firm's System of Quality Control, and common matters and findings related to the elements * Identify methods to design and communicate effective and efficient QC policies and procedures * Recognize the elements of a representation letter, closing meeting, exit conference, and letter of response

Basic Upcoming Peer Review, Part 1 None 04/26/21 05/31/22 QAS Self-Study

132 Auditing Use of Specialists and Auditing Estimates 2.0


* The audit procedures required when using a specialist. * The audit procedures required when auditing an estimate


* Describe the role of a specialist. * Differentiate between a management's specialist and an auditor's specialist. * Recognize audit procedures for auditing estimates.


133 Auditing (Governmental) Common audit deficiencies: Governmental audits 2.0


* Common audit deficiencies for governmental entities * Common Yellow Book Deficiencies * Common Single Audit Deficiencies


* Recognize common governmental auditing deficiencies * Identify steps in Major Program Determination * Compare internal controls over compliance with compliance

UpdatePrior experience with Yellow Book and

Uniform GuidanceNone 12/15/20 12/31/21 QAS Self-Study


134 Auditing (Governmental)Federal Government Contracting—Contract Fraud

1.5 Participants will gain a practical and relevant understanding of the potential for fraud in the federal government contracting environment.

This course will provide an overview of contract fraud within the federal government contracting environment. Topics will include background information on contract fraud, the responsibilities of management and auditors regarding fraud, various contract fraud scenarios and potential fraud indicators. In addition, this course will highlight steps auditors should consider in making fraud referrals to investigative entities. At the conclusion of this session, you will be able to:

* Describe key aspects of fraud and illegal acts as they relate to the government contracting environment. * Describe management’s responsibilities regarding fraud and elements of an effective anti-fraud program. * Describe the auditor’s responsibilities regarding fraud under Generally Accepted Government Auditing Standards (GAGAS) and the referral of potential fraud indicators to investigators. * Identify features of common fraud scenarios and related fraud indicators in the government contracting environment.

IntermediateCompletion of Federal Government

Contracting—An Introduction (recommended)


135 Auditing (Governmental)Federal Government Contracting—Unallowable Costs

2.5 Participants will gain a practical and relevant understanding of accounting for unallowable cost under federal government contracts.

This course will provide an overview of the cost principles included under Federal Acquisition Regulation (FAR) 31.2, Contracts with Commercial Organizations. The course will detail the specific FAR criteria used in determining whether costs are allowable, allocable, reasonable and meet other requirements so that the costs may be included in proposals or invoices submitted to the federal government. Specifically, the course will cover the following main topics:

* Recognize the criteria used in determining that a cost is allowable under FAR 31.2; * Understand key aspects of cost principles associated with particular types of costs under FAR 31.205; * Identify the role of the accounting system and internal controls in identifying and segregating unallowable costs, and the need to maintain records that support the allowability of amounts proposed or billed under government contracts; * Recognize the applicability of penalties associated with failing to properly account for unallowable costs.

IntermediateCompletion of Federal Government

Contracting—An Introduction (recommended)


136 Auditing (Governmental)GAO Green Book - Government Internal Control Standards

3.0

"Internal Control—Integrated Framework" has been considered the most widely accepted internal control framework in the world since its initial publication by the Committee of Sponsoring Organizations of the Treadway Commission (COSO)—a joint initiative of five prominent accounting, finance, and auditing organizations. The Green Book is an adaptation of the Framework and provides a common language and the standards to assess and improve internal control systems. Accounting and auditing professionals with two to three years of public or industry experience will gain practical familiarity with adaptation of this important guide to Federal settings.

The Committee on Sponsoring Organization’s (COSO) Internal Control-Integrated Framework was adapted by the Government Accountability Office (GAO) to formulate Standards for Internal Control in the Federal Government (the Green Book). By dissecting critical portions of the Framework as adapted, participants will review principles used to evaluate internal control in Federal settings. At the conclusion of this session you will be able to:

* Define the background for development of the COSO Framework and the basis for adaptation to Green Book standards applied to Federal settings * Define the process for assessing the effectiveness of internal controls and reporting that assessment * Identify the objectives, components, and principles of the Green Book standards * Identify the limitations of internal control * Identify minimum documentation requirements



137 Auditing (Governmental)Government/Fund Accounting: Introduction to Government Accounting, Financial Reporting and Financial Statement Analysis

4.0

Participants will gain a practical and relevant understanding of the many issues involved with government financial statements. See how GAAP relates to government accounting and financial reports, explore government fund accounting and state and local government consolidated financial statements and learn how to analyze government financial statements.

Whether it's that their revenue comes largely from tax dollars, ownership and accountability issues are vastly different from for-profit organizations, or unique regulations are in play, government entities provide challenges unlike anything financial professionals will find in the private sector. See how government financial statements are prepared differently from those of for-profit businesses and obtain the familiarity and understanding that can guarantee success in this often-unfamiliar environment. At the conclusion of this session you will be able to:

* Recognize objectives of state and local government accounting standards and the role of the Governmental Accounting Standards Board (GASB) * Identify key elements of Governments' financial reporting model and Comprehensive Annual Financial Report (CAFR) * Define deferred inflow and outflow of resources and their reporting by state and local governments * Recognize requirements for reporting constraints on government fund resources * Identify unique aspects of modified accrual accounting used by governmental funds


138 Auditing (Governmental)Housing and Urban Development Audits for Financial Service Institutions

3.0


* Complexities in the Housing and Urban Development (HUD) lending environment make compliance exceptionally challenging. Professionals need to understand current regulations and possess a familiarity with the appropriate sources that offer further information and guidance. A review of HUD forms and procedures will help you easily navigate the red tape and serpentine processes involved in this restrictive arena.


* Identify HUD approved Title II Nonsupervised Lender and third party originator audit guidance including recognition of eligible institutions. * Define the compliance requirements and suggested audit procedures. * Compare and contrast current reporting and compliance issues. * Identify HUD approved Title II Nonsupervised Lender and third party originator audit guidance including recognition of eligible institutions. * Define the compliance requirements and suggested audit procedures. * Compare and contrast current reporting and compliance issues.

IntermediateHousing and Urban Development: An

Auditing IntroductionNone 12/11/20 01/31/22 QAS Self-Study

139 Auditing (Governmental) Intermediate Governmental Accounting 2.5


* The process used to convert fund financial statements to government-wide financial statements while defining the underlying internal control and financial reporting principles that underpin that process.


* Describe internal control objectives and the manner in which they relate to financial reporting objectives. * Describe measurement focus and basis of accounting issues that create similarities and differences between government and commercial accounting records. * Understand the reporting objective achieved by unique fund accounting approaches and the information provided and information deficits that create the need for government-wide financial presentations. * Apply workpaper techniques to convert fund financial statements to government-wide presentations.

Intermediate 2 to 5 years of auditing experience None 02/11/21 09/30/22 QAS Self-Study


140 Auditing (Governmental) Introduction to Federal Accounting and Reporting 3.5

Participants will gain a practical and relevant understanding of the sources of guidance for federal financial accounting and reporting, the theoretical foundations for accounting and reporting requirements and the mechanics of dual track accounting from journal entry to trial balance to financial report.

Practical concerns about financial controls and accountability for public funds are as foundational to our democratic ideals as due process. The U.S. Constitution anticipates the segregation of financial duties between the executive and legislative branches to promote strong controls. In addition, federal regulations similarly divide responsibilities at the Federal department level to provide accounting, budgetary and audit controls over accounting and reporting at the agency level. The dual track accounting system required for federal agencies integrates budgetary and actual transactions. At the conclusion of this session you will be able to:

* Identify the roles and responsibilities of various federal departments in the development of accounting principles and the administration of accounting, budgeting and auditing issues. * Describe the financial reporting and accounting theory published by the Federal Financial Accounting Standards Advisory Board (FASAB) in their Statements of Federal Financial Accounting Concepts. * Describe the account structure of the U.S. Standard General Ledger and the systems that

Basic 1 to 3 years of audit experience None 12/16/20 06/30/22 QAS Self-Study

141 Auditing (Governmental) Introduction to Federal Grants 5.0


* Rules governing the awarding and accounting of grants to state and local governments, as well as not-for-profit organizations and other eligible entities. * The Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (2 CFR Part 200) that govern the award and administration of grants issued by Federal awarding agencies * Complexities surrounding allowable cost determinations, internal controls, and audits under the Single Audit Act.


* Identify different types of grants, key terms, and applicable laws and regulations relating to grants. * Identify key aspects of the grant life cycle and identify the roles and responsibilities of different entities involved in the grant life-cycle. * Identify key components of general government-wide grant guidance issued by OMB, including uniform administrative requirements (2 CFR 200) and cost principles governing costs incurred in the performance of grants. * Identify key aspects of the Single Audit Act and related guidance associated with single audit process


142 Auditing (Governmental)Not-for-profit accounting and reporting: an introduction

3.0


* The accounting and reporting functions in the not-for-profit world, with particular emphasis on the practical aspects of financial statements and revenue recognition * Asset transfers and the unique issues presented by artwork capitalization, split interest agreements, investments, fixed assets, and fund accounting


* Identify the characteristics of Not-for-Profit entities and industries in which they compete * Recognize key provisions of Financial Statements, Accounting Standards Codification 958.205-230 * Recognize key provisions of Revenue Recognition, Accounting Standards Codification 958.605 * Identify the transfer of assets held by entities that hold or raise contributions for others, Accounting Standards Codification 958.20 and 605 * Identify other relevant accounting and reporting issues (e.g., Split Interest Agreements ASC 958.30, Donated Collection Items ASC 958.360, Investments in securities and related gains and losses)


143 Auditing (Governmental) Performance Audits Under Yellow Book 4.0


* Scope and nature of Government Auditing Standards * Performance audits introduction * Ethics, independence, and professional judgment * Competence * Quality control and peer review * Planning performance audits * Conducting the engagement * Standards for internal control * Reporting


* Explain the objective of performance audits and how they differ from other attest engagements * List the requirements of Government Auditing Standards (Yellow Book) applicable to performance audits * Explain how to plan and perform a performance audit * Describe how to report results of a performance audit



144 Auditing (Governmental) Performance Audits Under Yellow Book 4.0


* Scope and nature of Government Auditing Standards * Performance audits introduction * Ethics, independence, and professional judgment * Competence * Quality control and peer review * Planning performance audits * Conducting the engagement * Standards for internal control * Reporting


* Explain the objective of performance audits and how they differ from other attest engagements * List the requirements of Government Auditing Standards (Yellow Book) applicable to performance audits * Explain how to plan and perform a performance audit * Describe how to report results of a performance audit


145 Auditing (Governmental)Single audit quality - Focus on designing and performing tests of control and compliance

3.0


* The primary regulations and regulatory bodies * Relevance of AU-C 935, Compliance Audits to a Single Audit * Internal control and compliance auditor responsibilities * Allowable cost and allocable cost testing * Subrecipient monitoring testing requirements * Sampling considerations * Single Audit reporting highlights * Audit documentation


* Discuss the foundational elements of a high-quality single audit. * Explain how to avoid quality deficiencies when designing and performing tests of controls and compliance. * Describe minimum documentation requirements to support the basis of your conclusions.


146 Auditing (Governmental)Yellow Book Financial Audits and Attest Engagements (Updated for Government Auditing Standards 2018 Revision)

3.0


* Generally Accepted Government Auditing Standards (GAGAS) provide a sturdy and solid framework for conducting high-quality financial audits of government entities and other entities that receive government awards. This course explains those standards and how they can assist auditors to objectively acquire and evaluate sufficient, appropriate evidence and report the results. Real-world examples will describe and demonstrate the fieldwork standards designed to plan, complete, report and distribute these important financial audit results.


* Define the role of the GAO in establishing GAGAS Yellow Book requirements. * Recognize the relationship between GAGAS and other authoritative standards. * Define various engagements conducted using GAGAS Yellow Book requirements, including Financial Audits, as well as Examination, Review, and Agreed Upon Procedure engagements. * Recognize key performance requirements for the various GAGAS engagements. * Identify the special reporting requirements associated with GAGAS Yellow Book engagements. * Identify additional GAGAS considerations required under various Yellow Book engagements.

Intermediate4 to 7 years governmental accounting or

audit experienceNone 04/12/21 06/30/22 QAS Self-Study

147 Behavioral Ethics Ethics—Integrity, A Foundation for Success 1.5


* How unethical behavior can ruin careers, bring debilitating fines to companies, and lead to prison terms for executives and others * How regulation and compliance influence the standards and expectations for ethical behavior * How a sound understanding of ethical theory may help in identifying unethical employees or fraudulent behavior


* Recognize ethical dilemmas, violations, and consequences. * Identify organizations that influence ethical standards and expectations. * Recognize the role of regulations, policies, and standards in business ethics. * Describe the foundational theory of ethics. * Recognize signs of employee and financial reporting fraud.


148 Behavioral EthicsExpectations of Corporate Governance and Social Responsibility in Today's World

1.5


* Agency theory and the role of the artificial person in corporate governance * CSR and ESG applied to the execution of today's corporate governance * The role of organizational culture—vision, mission, values, and team member engagement—in CSR/ESG success * Measuring CSR/ESG success—the role of psychometrics * Recruiting, equipping, and incentivizing today's board of directors * Competing interests and inertia that impede achieving corporate governance ideals


* Distinguish between historical and today's corporate governance * Recognize the pillars of corporate social responsibility (CSR) and environmental, social, and governance (ESG) models * Identify the drivers and measures of corporate governance * List the enabling resources and technology of corporate governance * Recognize the challenges/obstacles ahead for achieving the ideals of corporate governance



149 Behavioral Ethics Leadership and Balance in Turbulent Times 2.0


* Ethics, integrity and their relationship to challenging changes * A leadership approach to positive cultural change * Methods for identifying and dealing with fear, failure and resistance to change * Techniques and tools for facilitating change


* Describe conditions where fear erodes ethics and integrity * Identify obstacles to change – personally, professionally and organizationally * Formulate strategies to improve positive energy and overcome resistance to change * Apply change management tools in a career or workplace

Basic/Intermediate None None 04/26/21 05/31/23 QAS Self-Study

150 Behavioral EthicsMaintaining professional ethics in a culture of oversharing

1.0


* Oversharing on social media: What it is and how to avoid it * How to build a positive digital persona to present the best possible professional appearance online * Best practices for messages on social media * How to align social media communications with AICPA Code of Professional Conduct guidelines


* Identify the dangers of oversharing on social media and the negative impacts it may have on employment prospects * Create a positive digital persona for themselves and their current employer * Implement best practices for social media use that align and follow AICPA guidelines, including its social media guidelines and Code of Professional Conduct


151 Business Law Contract Law for Accountants 2.5

This course will be an overview of:This course will be an overview of:

* How contracts can be defined as agreements that are enforceable in a court of law * The elements necessary for there to be an enforceable contract: agreement, consideration, legal capacity, and legality * Available defenses that may result in the contract not being enforced, if a contract exists * The rules of interpretation that courts use in enforcing the requirements of a contract, if a contract exists * How a contract must be performed, discharged, or breached (not performed), if a contract exists * The legal and equitable remedies available to address a breach of contract


* Identify the sources of contract law. * Define the elements of a contract. * Recognize the defenses to contracts. * Name the types of contracts. * Apply the rules for interpreting contracts. * Identify the remedies for breach of contract.


152 Business Management and OrganizationAccounting Firm’s System of Quality Control, Part 1

1.0

This course provides a comprehensive review of the quality control (QC) standards and emphasizes the following:

* Tailoring a QC system for your firm's accounting and auditing practice that is appropriate and effective * Creating an environment focused on quality and continuous improvement through QC monitoring * Policies and procedures for each of the six elements of a QC system (QCPP) * Getting beyond mere compliance—to improve audit quality and increase profitability


* Identify the characteristics of a firm environment that is focused on quality * Recognize the overarching objectives of the quality control (QC) standard * Recall the six elements of a QC system * Identify the required policies and procedures that support the objectives of the six QC elements * Select the types of controls most likely to help a firm meet the objective for each element of QC * Differentiate the types of controls needed in smaller versus larger firms


153 Business Management and OrganizationChange management: Audit your change implementation

1.5


* Change management activities – mapping basic processes and procedures. * Methods for collecting data on change management activities. * Key controls of change management – people, processes, and technology. * Indicators of derailment or inadequate change management. * Measuring change management success.


* Identify the key controls within the change management processes. * Assess the quality of the information generated by the change management program. * Assess change management performance metrics for monitoring processes, behaviors, and technology deviations. * Identify the change risk assessment methods.

Intermediate None 06/28/21 04/01/22 QAS Self-Study

154 Business Management and Organization Change management: Trends in 2021 and beyond 1.5


* The value of having an awareness of workplace trends. * Major trend areas of which to stay abreast. * Evaluating the workplace culture and identifying trends to improve productivity and profitability. * Planning to implement change to meet trends. * Empowering employees and strategizing for the future.


* Be aware of the value of staying on top of trends in the workplace. * Identify applicable trends in their workplace to implement growth. * Make plans to adopt/modify current processes to capitalize on those trends. * Empower employees to help the firm stay abreast of workplace trends. * Develop strategies to stay ahead of workplace trends moving forward.



155 Business Management and Organization Delegation in a small firm 1.5


* The basic concepts and behaviors that are part of successful delegation. * Barriers to delegation. * How to determine what tasks to delegate. * How to choose the person to whom a task is delegated. * How to effectively hand off a task to another person. * The various levels of delegation.


* Identify the basic concepts of successful delegation. * Mindfully choose tasks to delegate. * Understand the criteria for choosing the right person to delegate a task to. * Navigate the steps to successfully hand-off a task. * Understand the 7 levels of delegation. * Become aware of software that supports delegation.


156 Business Management and OrganizationMining gold: Mapping your clients' decision journey with your firm

1.0


* A background on client decision journeys. * Defining target markets and client personas. * Mapping the clients' decision journey. * Enriching the client's decision journey touchpoints. * Leveraging information from the client journey map.


* Understand the fundamentals of creating a client journey map. * Identify the firm's ideal clients (target market). * Identify insight-driven journey stages. * Discover client touchpoints and tweak interactions to improve client acquisition and retention.


157 Business Management and Organization New Leader Assimilation 1.0


* Differences between leaders and managers * Types of leadership styles * Skills and characteristics of effective leaders * Leadership strategies to promote a positive culture, motivate others, enact change, and address workplace challenges * Ways to develop leadership skills in yourself and others


* Recognize the difference between leadership and management * Identify the skills and characteristics of effective leaders * Name the different types of leadership styles * Recognize effective leadership strategies * Apply leadership strategies to address workplace challenges * Identify ways to develop the skills necessary to realize leadership and career potential


158 Communications & Marketing Change management: Making strategy happen 2.0


* The strategic and tactical framework to successfully implement change initiatives * The tools to assess the progress of each phase of the framework * Timing the change implementation to enable optimum success


* Understand the strategies and tactics you need to implement effective changes * Understand the vision in which you and your coworkers need to focus * Establish the intent that will drive success * Build plans that produce actionable outcomes * Motivate yourself and others to be enthused and committed * Execute your tasks, knowing roles and responsibilities * Be held accountable and measure to clearly defined results * Implement strategy and tactics following best practice phases of action


159 Communications & Marketing Coaching employees for better results 1.5


* The similarities and differences between coaching and mentoring * The benefits of coaching and mentoring * Coaching and mentoring approaches including diversity, equity, and inclusion * Effective strategies for coaching and mentoring employees


* Identify the similarities and differences between coaching and mentoring * Recognize the benefits of coaching and mentoring employees * Name different approaches to coaching and mentoring * Identify the factors of effective coaching and mentoring including diversity, equity, and inclusion * Recognize effective coaching and mentoring in professional scenarios

Basic None. None. 10/04/21 10/31/22 QAS Self-Study

160 Communications & Marketing Developing a growth mindset 1.0


* Background of growth mindsets * How to develop a growth mindset. * The power of a growth mindset. * The impact of a growth mindset on your firm. * How to apply growth hacking in your firm.


* Define the growth mindset, fixed mindset, and growth hacking. * Identify the steps taken in the growth mindset process. * Identify the element to avoid while developing a flexible mind. * Explain how to maintain a focus on developing a growth mindset.



161 Communications & MarketingDeveloping Client Rapport: Making Everyone a Match!

2.0


* Significantly reduce client problem solving cycle time. * Minimize any client remorse, improving the "feel good" factor. * Capture more new clients, retaining more repeat clients.


* Identify the sensory-based (e.g., visual, auditory and tactile) thinking and communication preferences of your clients, developing flexible responses to your clients' specific needs. * Develop increased personal and professional flexibility in order to reach mutually beneficial client outcomes. * Anticipate, address and eliminate potential conflict before it occurs thru understanding and applying the rapport communication cycle. * Learn to listen and communicate with others so that you truly understand who they are and what they want, often better than they do.


162 Communications & Marketing Developing ideal working relationships 1.0


* Definitions from Neurolinguistics as a foundation for rapport. * Broken rapport = Broken trust. * How people experience the world. * How to ‘read’ clues from others’ words. * How to match others’ physiology, voice and language.


* Define rapport. * Identify how rapport impacts interpersonal relationships. * ‘Read’ physiology, voice and language clues. * Adapt your own style preferences to establish and keep rapport.


163 Communications & Marketing Effective business communication 1.5


* The importance of clear, compelling communications in a business setting * The differences among communicating with peers, subordinates, superiors, and clients * The most common forms of business communications such as emails, letters, memos, reports, and presentations, and when to use each method * Best practices for email communications * Best practices for presenting data, numbers, and facts, especially to clients


* Recognize the most common forms of written and verbal business communications and explain the purpose and format of each * Apply best practices in the most common forms of written communications, such as emails and letters * Apply language suitable for clients as well as peers in important documents, such as reports and letters * Apply best practices in non-verbal communication to business settings


164 Communications & Marketing Effective business writing for CPAs, part 2 2.5


* The most critical format and grammatical elements utilized when preparing written audit reports and developing critical components of an audit report


* Define a concise objective for an audit report * Identify the five common elements needed for an effective audit report * Recognize and apply the types, structure, and common language used in external audit reports * Define how to organize an audit report for impact * Apply the language and style of effective audit report writing

BasicThe successful completion of Becker’s

Effective business writing for CPAs, part 1None 06/15/21 05/31/22 QAS Self-Study

165 Communications & Marketing Email communications 1.5


* The art of crafting meaningful emails that save time for both the sender and the recipient, avoid embarrassing and potentially costly snafus, and advance business objectives


* Identify the purpose of email * Define a greeting, closing, and email signature while crafting an email message * Identify appropriate protocols for responding to and reviewing/editing emails * Recognize differences between personal and professional email



166 Communications & Marketing Executive Leadership Tools and Tactics, Part 1 2.0

Leadership today means effectively relating to and communicating with your peers and those you supervise. Only by first understanding who you are and what motivates you can you effectively manage relationships and influence others.

In the first of a two-part course, participants will understand the gaps and limitations of your own leadership style, how emotion plays a role, and ways to become a better listener – a critical skill for any effective leader. Through personal assessments and exercises, this highly interactive course will help you develop the tools to excel at leadership. At the conclusion of this session you will be able to:

* Define emotional intelligence * Recognize the key leadership competencies * Recognize the characteristics of each of the DISC styles * Recognize the communication clues of each of the DISC styles * Identify the emotions associated with each of the DISC styles * Recognize how to be more effective in dealing with people in each of the DISC styles * Identify the possible limitations of each DISC style


167 Communications & Marketing Executive Leadership Tools and Tactics, Part 2 1.5 By gaining an honest and accurate understanding of your own needs and values, you'll develop the critical leadership skills required for success in today's challenging business world.

In the second of a two-part course, participants will further explore your leadership abilities. Through assessments, and interactive exercises, you'll learn what can get in the way as leaders try to influence others, and you'll learn tactics for managing expectations and capitalizing on conflict. At the conclusion of this session you will have an in-depth understanding of the following topics:

* Recognize the different DISC styles * Recognize the communication clues and emotions of the DISC styles * Recognize how to be more effective when communicating with each style * Recognize the various needs and values * Recognize what each of the DISC styles is looking for * Identify how to manage the expectations of each DISC style

BasicThe successful completion of Becker's

Executive Leadership Tools and Tactics, Part 1


168 Communications & Marketing Get your emails and reports read 1.5


* Typical mistakes and complaints about emails and reports. * Research on the impact of information overload. * Techniques for planning emails and reports that are easy on the ears and eyes, and that get results.


* Articulate the key elements of effective emails and reports. * Identify the most common mistakes made in writing emails and reports. * Use attention-getting subject lines. * Use proven techniques that chunk relevant information for easy reading.


169 Communications & Marketing Job Interviewing Skills 2.0

Even for the most personable and outgoing individuals, successful interviewing takes much more than charm and personality. Participants will be able to apply the proven, effective tools that make a difference throughout the interview process. From the first stages of the application process through the interview itself and subsequent follow-up, you'll learn techniques that help with skills like preparing an effective résumé, answering the tough questions and writing an appropriate thank you letter.

The ability to interview effectively for a job is a critical career skill, whether you're new to the job market or a seasoned professional. Success at every step in the process is hard-earned, and the challenges and stakes are high. Review the most effective strategies for setting yourself apart from others and give yourself the real advantage that can swing decisions in your favor time after time. At the conclusion of this session you will be able to:

* Identify the needed steps to gain an interview * Define the interview process—i.e., standard interview questions, ask your own great questions * Define the follow up steps after the interview


170 Communications & Marketing Leadership – Others 2.5

This course helps users master powerful communication and create followership. After taking the course, users should also be able to recognize the different styles of communication; understand the possible limitations in each communication style; know how to build and/or restore trust; listen generously and understand the five modes of conflict.

After completing this course, the user should be better able to do the following:

* Understand as a leader how you can create followership.

Basic DISC Behavior and Style Assessment Complete TKI Conflict Mode Assessment 04/26/21 04/30/23 QAS Self-Study


171 Communications & Marketing Leadership skills 2.0


* What makes a leader * Traditional traits of a leader * Non-traditional traits of a leader


* Identify the importance of traditional and non-traditional traits associated with leadership * Define the so called "non-traditional" traits associated with leadership, such as emotional intelligence and humility * Recognize leaders across a number of sectors and their defining characteristics * Identify practical examples of ways to build personal leadership traits


172 Communications & Marketing Leadership—Team 2.0

This course helps users listen better and with more empathy. It helps users develop greater empathy for others. After taking the course, users should also be able to improve their communication with others by hearing them and interacting with what they hear through improved listening and increased empathy.

After completing this course, the user should be better able to do the following:

* Recognize emotional intelligence and utilize knowledge for mastering relationships * Recognize how to develop others * Recognize how to develop greater empathy for others * Apply tools to master listening for greater empathy

Basic Leadership—Self None 12/10/20 12/31/21 QAS Self-Study

173 Communications & Marketing Leveraging Social Media for Firm Success 1.0


* How social media began, and its evolution to thepresent day * The duties of a social media manager and how they cultivate a brand * Social media practices used to recruit and retain prospective employees and target customers to improve operations * Social media practices used to maintain relationships with other firms and clients, and improve profits


* Define social media, including its birth and evolution. * Describe the duties of a social media manager, and tools they use to promulgate their brand. * Describe how firms can use social technology and media tools to recruit talent, retain current employees, and improve operations. * Describe how firms can use social technology and media tools to maintain relationships with other firms and clients to improve profits.


174 Communications & Marketing Meetings that Work 2.0


* How meetings can be used effectively in the workplace. * Self-assessment of strengths and weaknesses in the area of soft skills. * How to appropriately set expectations for meetings. * Recognizing how problems arise in meetings and ways to best address them.


* Recognize how meetings can be used effectively. * Identify methods that can be used to help meetings be more engaging to participants. * Recognize individual strengths and weaknesses in the area of soft skills and identify ways to improve if needed. * Apply different tools and techniques when preparing for a meeting.

Basic One to three years business experience None 10/27/20 09/30/23 QAS Self-Study

175 Communications & Marketing Networking Skills 1.5


* Commonly accepted etiquette and practices for attending virtual and in-person business networking events. * Best uses for online platforms for networking. * Communication basics for professional networking in writing. * Common challenges professionals often face when networking and tips to handle those challenges.


* Define ideal network and develop a strategy to achieve it. * Name platforms for online networking and identify appropriate situations for each. * Recognize positive characteristics of written communication. * Recognize proper etiquette for effective virtual and in-person networking. * Identify appropriate channels for in-person and virtual networking. * Apply tips to alleviate online, in-person, and in-writing networking challenges.


176 Communications & Marketing Role of the Leader in Talent Development 2.0


* Contemporary leadership theory and practice * Personal character traits real leaders must have * Negative organizational consequences of ineffective leaders * Gardening practices that foster high-performing teams * Leadership strategies to create an inclusive, diverse, and equitable workplace


* Identify real and poor leadership styles and character traits * Define talent development and the role of leaders in talent development * Apply the concepts of leadership gardening to retain and grow talent * Identify the importance of talent development in the workplace * Identify strategies for leaders to cultivate a diverse, equitable, and inclusive workplace and culture



177 Communications & Marketing Take Control: Use Conflict to Your Advantage 1.5

With the average U.S. employee spending nearly three hours a week in conflict at a cumulative cost of nearly $360 billion per year, conflict is a major economic and productivity drain in today's workplace. Identify your own conflict resolution style and learn how to manage conflict to produce positive outcomes while turning conflict into a win-win proposition.

Participants will study the causes, costs and types of conflict, as well as the benefits of managing conflict and the value of embracing conflict. The Thomas-Kilmann Conflict Mode Instrument will provide critical insight into individuals' own conflict styles while giving them the tools to effectively and successfully manage any conflict. At the conclusion of this session, you should be able to:

* Define conflict and recognize the primary causes of conflict * Recognize the cost of conflict * Recognize and identify the various conflict modes within Thomas-Kilmann Conflict Mode Instrument (TKI) * Recognize the characteristics of each mode of conflict


178 Communications & MarketingThe Change Bully: Workplace Bullies - What to Do and When to Move On

1.0


* Bullies, bullies everywhere… * The Change Bully Framework * Bullying antidotes and “counter moves”


* Understand the underlying causes of both bullying and healthy communication and behavior * Identify the key behaviors or “tells” of the bully in order to maximize avoiding bullying behavior, toxic workplaces and interactions * Learn techniques to avoid and counter bullying behavior while enabling healthy, “virtuous” behavior


179 Communications & MarketingThe Ultimate Endorsement: Unleash the Power of You

2.0

Everyone has gaps in their ability to gain the endorsement of others. Led by an experienced executive coach, this course will help participants understand how executive presence, "exquisite communication," professional foundation and micro messaging overcome those gaps and gain powerful support.

With several interactive exercises and assessments, participants will acquire the knowledge and practical tools to unleash their full potential. You'll learn what makes you tick, what causes gaps in your ability to gain endorsement, how to communicate with people based on their own unique preferences and styles, and how your needs and values shape the way you make decisions. At the conclusion of this session you should be able to:

* Describe the characteristics to gain your personal endorsement (i.e., Executive presence, Exquisite communication, Professional foundation) * Identify the DISC communication styles, communication cues, and how to communicate with the different DISC styles * Recognize the types of Micro Messaging (e.g., facial expressions, hand gestures) * Identify the characteristics of various needs and values * Recognize the benefits of managing conflict

Basic None

At the beginning of the course you will take the "DISC Behavior Style

Assessment" and "Needs & Values Program Assessment." It is recommended completing both assessments to receive a

full understanding of this course.

Both assessments combined will take 30 minutes to complete; a report will be

generated, and sent to your email. Please have your reports available during the

course participation.

12/18/20 09/30/23 QAS Self-Study

180 Computer Software & ApplicationsArtificial intelligence and machine learning—What’s the buzz?

1.0


* Artificial intelligence (AI), machine learning (ML), predictive analytics (PA), and how they differ from other related concepts. * Models, what they mean, and how they are used in ML and PA. * Different PA models (algorithms), with an understanding of where and when each algorithm can be applied. * A case study demonstrating an application of a specific PA algorithm—namely, classification trees.


* Define and differentiate between artificial intelligence (AI) and machine learning (ML) and related buzz words. * Identify problems in their business that are well-suited for AI and ML. * Identify types of AI and ML models that address a specific business problem. * Understand which tools to use to start applying AI and ML to solve their business problems.


181 Computer Software & Applications Power BI: Creating reports 3.0


* Introduce to Power BI Desktop * Demonstrate how to import a dataset. * Discuss various other ways data can be imported. * Explain dimensions and measures and when and how to use them. * Discuss different types of aggregations and what types of questions merit what types of aggregations. * Demonstrate how to display the analysis in a report for easy consumption.


* Conceptualize questions and understand how to answer them in Power BI Desktop. * Import data into Power BI Desktop. * Differentiate between dimensions and measures. * Efficiently analyze the data using aggregations and filtering. * Create a simple, interactive report.

Basic None Install Power BI Desktop 09/27/21 09/30/22 QAS Self-Study


182 Computer Software & ApplicationsPower BI: Understanding machine learning concepts

3.0


Introduction to Power BI

* Downloading and installing Power BI * Signing up for a Power BI account * Getting data into Power BI * Power BI Desktop and Service

Discuss different ML algorithms and models

* Identify when to use different algorithms and models

Create a ML learning model in Power BI

* Introduction to the AutoML feature * Discuss how to interpret the results of the model, thinking critically * Explain other alternatives to the created model and discuss the relative advantages and disadvantages.


* Identify the appropriate machine learning technique for a specific problem * Create an appropriate model in Power BI * Interpret the output of the model * Think critically about the limitations of ML and a specific model and consider the relative advantages of other models

Intermediate Power BI – Creating ReportsCreate Power BI Premium (free 60-day)

trial account11/03/21 10/31/22 QAS Self-Study

183 Computer Software & ApplicationsPower BI: Understanding machine learning concepts

3.0


Introduction to Power BI

* Downloading and installing Power BI * Signing up for a Power BI account * Getting data into Power BI * Power BI Desktop and Service

Discuss different ML algorithms and models

* Identify when to use different algorithms and models

Create a ML learning model in Power BI

* Introduction to the AutoML feature * Discuss how to interpret the results of the model, thinking critically * Explain other alternatives to the created model and discuss the relative advantages and disadvantages.


* Identify the appropriate machine learning technique for a specific problem * Create an appropriate model in Power BI * Interpret the output of the model * Think critically about the limitations of ML and a specific model and consider the relative advantages of other models

Intermediate Power BI – Creating ReportsCreate Power BI Premium (free 60-day)

trial account10/20/21 10/31/22 QAS Self-Study

184 Computer Software & Applications Using Tableau for audit data analytics 2.0

This course is based on the Tableau 2020 version. The course will be an overview of:

* Benefits and limitations of visualization * Creating Tableau Worksheets for audit data analytics * Creating Tableau Stories to discuss findings in Worksheets * Creating Tableau Dashboards

There is a free 14 day trial available to anyone not currently a licensed Tableau user. It is available at <https://www.tableau.com/products/desktop>

Tableau also offers Tableau Public that is free and a great resource to those getting familiar with the software that are not using sensitive data.


* Describe the benefits and limitations of visualization * Use Tableau Worksheet to perform basic analysis * Use Tableau Story to describe findings * Use Tableau Dashboard to compare and monitor different pieces of information


185 EconomicsMacroeconomic analysis - Bringing the big picture into focus, part 1

2.5


* The basics of macroeconomics. * The concepts of supply and demand. * The most common economic theories—classical and Keynesian. * The business cycle.

This course, the first of a two-part series, will offer a detailed examination of the foundations of modern macroeconomics. After completing this course, the learner should be able to:

* Recognize the definitions and concepts utilized in economics and macroeconomic theory. * Recognize the causes of shifts in aggregate demand and aggregate supply in the business cycle. * Recognize the various types of unemployment and how to measure them. * Identify how inflation is measured.

Intermediate 2 to 3 years of business experience None 03/19/21 03/31/22 QAS Self-Study

186 EconomicsMacroeconomic analysis – Bringing the big picture into focus, part 2

2.5


* The importance of fiscal policy, including the pros and cons of various fiscal policy theories. * Monetary policy and its impact on the economy. * The banking system and the role of the Federal Reserve.


* Identify fiscal policy theories. * Define money and the money supply. * Identify the U.S. banking system and the role of the Federal Reserve. * Identify monetary policy.

IntermediateMacroeconomic analysis, part 1; 2–3

years of business experienceNone 03/30/21 03/31/22 QAS Self-Study


187 EconomicsMicroeconomic Analysis – Understanding the Effect on Supply and Demand, Part 1

2.0

The study of the economy at the individual, firm or industry level provides a clear view of the most fundamental concepts in economics. In this two part course you will gain a practical understanding of the most basic – yet powerful – forces in economics, including laws of supply and demand, shortages and surpluses, and the relationship between time and the market adjustment process.

In the first of a two-part series, participants will be engaged in discussions that integrate detailed charts with proven equations and formulas that provide a practical understanding of the fundamental issues related to microeconomics. At the conclusion of this session you will be able to:

* Define and recognize the elemental concepts of microeconomics, including the Laws of Supply and Demand, Shortages, Surpluses and Equilibrium * Identify the factors that can cause a shift in a product’s demand curve or supply curve and recognize how markets adjust to changes in supply and demand over time * Recognize the applications of the supply and demand models, including the effects of price controls * Calculate and recognize the meaning of price elasticity of demand and income elasticity * Recognize the characteristics of the types of business firms and the principle-agent problem * Define the terms accounting profit, economic profit, zero economic profit, law of diminishing returns, average total product, marginal product fixed costs variable costs

Intermediate 2 to 3 years of business experience None 02/22/21 03/31/22 QAS Self-Study

188 EconomicsMicroeconomic analysis – Understanding the effect on supply and demand, part 2

3.0


* The law of supply and demand. * The different types of competitive market structures. * The impact of shortages and surpluses on supply and demand. * The relationship between time and the market adjustment process.


* Recognize competitive market structures. * Identify how the law of supply and demand impacts productive resources. * Recognize how interest rates impact supply and demand in capital markets.

Intermediate

Becker's Microeconomic analysis – Understanding the effect on supply and

demand and 2 to 3 years of business experience


189 FinanceBudgeting Behavioral Issues: Techniques to Properly Align Your Organization

3.0

Understanding the big-picture is vital if managerial, employee and organization goals are to be in alignment. Participate in this course to understand how to align management and organizational goals and the associated budgeting, performance evaluation and reporting behavioral issues.

Familiarize yourself with the definitions, tactics and processes that will enable you to establish budgets and standards that can align goals for success throughout an organization. See how budgets can drive positive and negative effects, the role of performance feedback, and how control systems can cost-effectively achieve goals. After completing this session you will be able to:

* Define agency theory and goal congruence * Identify the steps in the planning process and recognize the characteristics of each step * Recognize the external and internal factors to be considered when developing a budget * Recognize the advantages/disadvantages of and reasons for budgeting and the types of budgets * Define and recognize the characteristics of standards, variance analysis and budgetary slack * Identify the types and objectives of management compensation and performance feedback * Define and recognize the characteristics of responsibility accounting * Define and recognize the role of flexible budgets


190 FinanceCapital Budgeting: The Tools to Enhance Shareholder Value Part 1

2.5

Capital projects involve unusually large amounts of money committed to programs that can last years. Capital project decisions are among the most critical an organization will face, often leaving its very future hanging in the balance. In this two-part series learn the right techniques and tools that will ensure an effective and accurate capital budgeting process that safeguards the future, strengthens the balance sheet and enhances shareholder value.

Participants will obtain a practical overview and application of the capital budgeting process, including project identification and definition, evaluation and selection, and monitor and review. In the first of a two-part series, participants will focus on cash flow and investment decision criteria. After completing this session you will be able to:

* Define the rationale for focusing on cash flow when evaluating projects * Identify the various items to consider when calculating cash flow * Recognize and apply the six core investment decision criteria (e.g., Net Present Value, Internal Rate of Return)



191 FinanceCapital budgeting: The tools to enhance shareholder value part 1

3.0


* The importance of capital project decisions * Approaches used to determine the selection of appropriate capital projects * Pros and cons of the various tools used to make investment decisions * The use of cash flow analysis in making capital budgeting decisions


* Identify the steps in the capital budgeting process * Identify the various items to consider when calculating cash flow * Apply the six core investment decision criteria


192 FinanceCapital Budgeting: The Tools to Enhance Shareholder Value Part 2

3.0

Capital projects involve unusually large amounts of money committed to programs that can last years. Capital project decisions are among the most critical an organization will face, often leaving its very future hanging in the balance. In this two-part series learn the right techniques and tools that will ensure an effective and accurate capital budgeting process that safeguards the future, strengthens the balance sheet and enhances shareholder value.

Participants will obtain a practical overview and application of the capital budgeting process, including project identification and definition, evaluation and selection, and monitor and review. In the second of a two-part series, participants will focus on required rate of return, risk analysis, optimal capital budgeting and capital rationing, and real options. After completing this session you will be able to:

* Define and calculate required rate of return * Identify the inherent risk in capital investments, and recognize how to incorporate them into your capital investment decision process * Recognize and apply optimal capital budgeting and capital rationing concepts * Define the concept of real options and apply it to the evaluation of projects

BasicThe successful completion of Becker's

Capital Budgeting: The Tools to Enhance Shareholder Value, Part 1


193 FinanceCapital budgeting: The tools to enhance shareholder value part 2

2.5


* The required rate of return for capital acquisitions * Risk analysis related to capital investments * Evaluating the optimal capital budget and impact of capital rationing in making capital investment decisions * The use of real options in evaluating capital projects


* Recognize the key principles, concepts, and terms associated with capital budgeting * Define and calculate required rate of return * Identify the inherent risk in capital investments and recognize how to incorporate them into the capital investment decision process * Recognize and apply optimal capital budgeting and capital rationing concepts * Define the concept of real options and apply it to the evaluation of projects

BasicCapital budgeting: The tools to enhance

shareholder value, part 1None 07/08/21 07/31/22 QAS Self-Study

194 FinanceCapital investment: Cash flow analysis in capital budgeting

3.0


* The framework for capital budgeting for purposes of making investment decisions. * Techniques and methods for forecasting and evaluating cash flows. * The COVID-19 pandemic’s effect on capital investment, cash flow estimation, and cash flow evaluation.


* Recognize the basic terms, concepts, and steps involved in the capital budgeting process. * Identify relevant cash flows for forecasting. * Analyze cash flows for purposes of asset expansion and asset replacement projects. * Evaluate cash flows using various techniques and models, including net present value, internal rate of return, modified internal rate of return, profitability index, payback period, discounted payback, and accounting rate of return. * Identify the impact of the COVID-19 pandemic on capital investment, cash flow estimation, and cash flow evaluation.


195 FinanceExplaining financial results to non-financial managers

2.0


* The relationship between accounting and business operations * The accounting information generating processes and its assumptions * The information conveyed by major financial statements * The use financial statement information for business decisions


* Describe the relationship between accounting and business operations * Understand the accounting information generating processes and its assumptions * Understand the information conveyed by major financial statements * Use financial statement information for business decisions



196 FinanceFinancial planning and analysis with analytical capabilities

2.0


* The basics of financial planning and analysis. * Techniques in data analytics that can be used for financial planning and analysis. * Using data analytics techniques for business projections. * Using data analytics techniques for capital investments.


* Describe the purposes of financial planning and analysis. * Describe data analytics techniques that can be used for financial planning and analysis. * Perform financial planning and analysis by using data analytics techniques for business projections. * Perform financial planning and analysis by using data analytics techniques for capital investments.


197 Finance Financial Statement Analysis, Part 1 2.0

There's little more important in today's high-stakes business world than the ability to accurately assess the financial health of an organization. In this two-part series, you will obtain a solid working foundation and familiarity with the critical ratios and techniques that are used to analyze an organization and learn how to review weaknesses and strengths for feedback and predictive value.

With a review of important definitions, relevant examples and critical formulas, participants will understand how to use financial statement analyses to determine an organization's investment potential. In the first of a two-part series, participants will focus on the analysis of short-term liquidity, operating activity and capital structure and solvency. After completing this session you will be able to:

* Name the types of financial analysis that are commonly performed * Name the financial statement items and calculations that are utilized to analyze short-term liquidity and apply these concepts * Name and apply the financial concepts used when performing operating activity analysis * Name and apply the financial tools utilized when performing capital structure and solvency analysis


198 Finance Financial Statement Analysis, Part 2 2.5

There's little more important in today's high-stakes business world than the ability to accurately assess the financial health of an organization. In this two-part series, you will obtain a solid working foundation and familiarity with the critical ratios and techniques that are used to analyze an organization and learn how to review weaknesses and strengths for feedback and predictive value.

With a review of important definitions, relevant examples and critical formulas, participants will understand how to use financial statement analyses to determine an organization's investment potential. In the second of a two-part series, participants will focus on the analysis of short-term liquidity, operating activity and capital structure and solvency. After completing this session you will be able to:

* Define the purpose and benefits of common-size financial statements * Recognize and apply profitability ratios * Define and apply the concept of return on invested capital * Identify the limitations to ratio analysis

Basic

The successful completion of Becker's Financial Statement Analysis: Using Ratios

to Assess the Financial Health of an Organization, Part 1


199 Finance Financial Therapy and the CPA 2.0


* The financial therapy industry, including what financial therapy is and who practices financial therapy * Financial therapy skills, tools, and knowledge that may be helpful for a CPA * Resources and ethical support for a CPA * The certification process for a financial therapist


* Define financial therapy * Distinguish financial therapy from other professions * Identify tools of financial therapy that may benefit a CPA * Recognize behaviors in clients that may benefit from financial therapy tools * Apply financial therapy skills to a CPA’s career path * Recognize the certification process for a financial therapist


200 Finance Identity Theft Prevention 1.0


* Ways to stay a step ahead of this ever-changing crime by taking effective preventative measures * How to put your life back in order if you do fall victim


* Name the appropriate preventative measures * Define ways to fix identity theft when it arises * Name sources of help to protect against identity theft * Recognize the various warning signs of identity theft



201 FinanceInvestment Decision: Techniques to determine the optimal allocation of resources

3.0

Today's resource constrained environment has made it critical that you plan and optimally utilize the resources available to your organization. In this course you will deepen your understanding and application of the financial tools that will assist your organization in the allocation of its resources.

Gain critical insights and practical working knowledge of the financial techniques utilized to optimally allocate resources within your organization. After completing this session you will be able to:

* Identify the Capital Budgeting process and why it is critical to the long-term success of an organization * Define how cash flow is determined and the impact it has on the Capital Budgeting process * Define, recognize, and apply the following investment decision analysis techniques: o Discounted Cash Flow o Net Present Value o Internal Rate of Return * Define the role of payback and discounted payback * Identify how to leverage the various investment ranking techniques * Define risk analysis within the capital investment process and how to apply it * Define Real Options and how they can be applied within the Capital Investment process


202 Finance Personal Financial Planning 2.0


* Basic personal financial planning * Establishing and using a budget * Income tax planning * Retirement, college, and estate planning


* Recognize the primary reasons to make personal financial plans * Define the fundamental economic principles that influence and inform personal financial planning * Apply financial planning goals and information when creating a personal budget * Recognize important income tax planning strategies * Name the characteristics of various tax-advantaged accounts when planning for personal income tax * Recognize options available when taking out and refinancing debt * Identify options to plan financially for education expenses for children * Recognize pros and cons of purchasing a second home * Identify advantages and disadvantages of different retirement planning options * Recognize the key issues associated with estate planning


203 FinanceThe New Controllership: Keys to Boosting Financial Performance, Part 1

1.0


* Organizational management to allow for change to occur. * Modern, dynamic management techniques. * Planning and reorganizing old ways of budgeting to work in today's new environment. * Risk management and avoidance. * Productive and increased efficiencies


* Differentiate between planning and budgeting. * Determine why it is important for all departments to have business and strategic plans. * Distinguish between and understand why all companies should have a vision, mission, and core value statement. * Determine the average cost of capital and how to develop and manage a capital plan. * Distinguish between traditional risk management and enterprise risk management. * Identify various risk management strategies and choose the best one depending on probability and severity. * Determine the internal and external customers of an internal department. * Determine strategies to promote efficiency and several of the built-in systems of inefficiency.



204 FinanceThe New Controllership: Keys to Boosting Financial Performance, Part 2

1.0


* Benchmarking and how to use it to measure control. * Cash management in modern day society. * Electronic systems and cloud computing. * Predicting the movement of future interest rates.


* Apply benchmarking to measure control. * Analyze cash management systems in today’s economy in accordance with recent legislation. * Analyze the importance of some of the more recent electronic systems. * Identify how to predict the movement of future interest rates. * Determine the popularity of the cloud and how it can be utilized. * Analyze advantages and disadvantages to cloud computing. * Compare how companies are using the cloud to interface with social media and distinguish between different types of clouds. * Determine why some IT people may be reluctant to recommend cloud solutions.


205 Information TechnologyBlockchain assurance and COSO and COBIT standards

1.5


* Blockchain * Distributed Trust and Auditing * COSO * COBIT * Auditing, Standards, Blockchain, and Future of Assurance


* Define blockchain enabled distributed trust versus centralized trust. * Show how blockchain distributed ledger will change accounting and assurance. * Describe COSO and COBIT, and how standards can apply in a blockchain environment. * Define continuous auditing and smart contracts. * Illustrate smart contract rules to autonomously enforce agreed-upon transactions in distributed trust. * Discuss the potential effects of blockchain. * Describe how smart contracts can facilitate continuous auditing, internally and externally focused. * Describe how blockchain and smart contracts can enforce segregation of duties and verify accuracy and timeliness of transactions.


206 Information Technology Controllership and IT Management 2.5


* The controller’s responsibilities in regard to IT systems and internal controls * Differences in the controller’s responsibility in designing, implementing, and maintaining effective internal controls based on the size of the company and the management personnel available * A review of the principles and framework provided by the Committee of Sponsoring Organizations (COSO) on enterprise risk management and internal controls


* Identify the responsibilities of the controller in the area of information technology * Recognize the risk management and internal control concerns of the controller * Identify the different management team members involved in developing, implementing, and maintaining effective controls * Apply COSO principles in managing risk * Identify the controller’s involvement in aligning a firm’s strategies with its internal reporting system


207 Information Technology Cybersecurity Preparedness for Industry CPAs 3.0


* Current cybersecurity threats and how to mitigate data breach risk. * SEC and other regulatory guidance on cybersecurity risk and responses. * Guidance for performing and reporting on cybersecurity risk management programs.


* Discuss the most common cybersecurity threats and protections. * Describe ways to protect the confidentiality and privacy of information. * Explain resources available to any entity for designing and implementing a cybersecurity risk management program.


208 Information Technology Global telework - The future of work is here 1.0


* The future of work is remote work. * Impact of disruptions to the business and the workers. * The types of virtual teams. * The advantages and disadvantages of virtual teams. * Best practices of virtual meetings. * Tools that support virtual collaboration.


* Define the elements needed for successful remote work. * Identify the types of virtual teams. * Name the advantages and disadvantages of virtual teams. * Identify the elements of successful virtual meetings. * Name the types of tools needed for virtual teamwork.



209 Information Technology Identity Theft Today 1.0


* How identity thieves can take your money, destroy your credit, and ruin your reputation * Ways to stay a step ahead of this ever-changing crime by taking effective preventative measures * How to put your life back in order if you do fall victim


* Define the scope of the identity theft problem * Recognize the techniques used by identity thieves * Name the types of information to be protected


210 Information TechnologyIdentity Theft: How to Detect, Prevent, and Recover in the Digital Age

2.0


* Various identity theft schemes. * The most common mistakes made by individuals in failing to protect their identity. * Tips for protecting your identity. * Guidance for fixing problems related to identity theft.


* Define the scope of the identity theft problem. * Recognize the techniques used by identity thieves. * Name the types of information to be protected. * Name sources of help to protect against identity theft. * Recognize the various warning signs of identity theft. * Name the appropriate preventive measures. * Define ways to fix identity theft when it arises.


211 Information TechnologyThe oracle problem: When blockchain smart contracts rely on external data

1.0


* Smart contracts, Dapps, and DAOs * Oracles versus data sources * Oracle risks and mitigating actions * Oracles as service organizations


* Define the blockchain oracle problem * Differentiate between oracles and data sources * Describe the risks introduced to the blockchain ecosystem when smart contracts rely on oracles * Identify ways to enhance the reliability of data provided by oracles


212 Management Services Change Management 1.0


* Definition of change management * The change management process * The roles in change management * The change tools * Best practices in change management


* Define change management * Identify the difference between change management and project management * Identify the change management process * Name five change tools * Name the roles in change management


213 Management ServicesChange management: Cultivating a culture that embraces change

1.5


* Perceptions of change – the pros and cons. * Lessons learned about change from the COVID pandemic and the ongoing application. * Natural responses and how to tame human nature in response to change. * Resilience as a tool to overcome natural responses to change. * Workplace practices that support innovation and a positive change culture.


* Identify positive and negative aspects of change. * Recognize natural responses to change. * Incorporate resilience techniques to overcome the natural resistance to change. * Implement practices that support a culture of change.


214 Management Services Change management: Trends in 2022 2.0


* What is 'Normal', 'New Normal', and the 'Next Normal'? * 'Next Normal' impact on the workplace. * 'Next Normal' impact on the workforce. * 'Next Normal' impact on your business. * Challenges to be expected. * Action items to succeed.


* Differentiate elements of the terms: 'Normal', 'New normal' and 'Next Normal'. * Define the elements of the hybrid organization. * Identify post-pandemic expectations of employees. * Identify post-pandemic expectations of your clients. * Name shifts in leadership behaviors in the next normal.



215 Management ServicesCharacteristics of an Effective Organization: Success Inside and Out

3.0

The success of a company depends on everything from its decision-making processes through its organization, the way it manages and motivates people, and the styles of its leaders. Learn the best practices of companies that build success from the inside out.

Through relevant, easy-to-understand examples, illustrative questions and critical definitions, participants will gain a practical understanding of the leading characteristics of effective companies that they will be able to successfully leverage in real-world applications. After completing the session you will be able to:

* Describe the nature and process of decision making, including the barriers to effective decision making and techniques to improve decision making * Define and recognize the characteristics of departmentalism, span of control, line and staff authority, classical theory of organization and management, matrix management, centralization/decentralization and reengineering * Recognize the characteristics of an effective organization, including sources of power, delegation of authority, managing change, organizational culture, and multinational/diversity issues * Recognize the characteristics of effective organization of jobs and teams * Identify the issues related to staffing and managing human resources


216 Management ServicesCharacteristics of an effective organization: Success inside and out

2.5


* The best practices of companies that build success from the inside out.


* Describe the nature and process of decision making, including the barriers to effective decision making and techniques to improve decision making * Define and recognize the characteristics of departmentalism, span of control, line and staff authority, classical theory of organization and management, matrix management, centralization/decentralization and reengineering * Recognize the characteristics of an effective organization, including sources of power, delegation of authority, managing change, organizational culture, and multinational/diversity issues * Recognize the characteristics of effective organization of jobs and teams * Identify the issues related to staffing and managing human resources * Recognize the characteristics of various leadership styles * Identify the various motivation theories and methods * Define and recognize the various communication models media for

Basic 06/22/21 09/30/22 QAS Self-Study

217 Management ServicesConflict Management: Using Conflict to Your Advantage

1.0


* What is Conflict * 5 Modes of Conflict * What Conflict mode you use most/least often * What Conflict mode to use in different situations


* Understand how Conflict Management is defined * Learn about the 5 modes of Conflict * Identify the mode of conflict one should use in dealing with different situations

Basic Conflict Mode Assessment Complete Conflict Mode Assessment 12/10/20 12/31/21 QAS Self-Study

218 Management Services Considering an ESOP 2.0


* The purposes for which ESOPs can be used * The structure of ESOPs * How ESOPs operate * The benefits and disadvantages of ESOPs * The tax benefits that can be gained through the use of ESOPs


* Define an ESOP * Identify the purposes of ESOPs * Recognize the structure of an ESOP * Describe the operation of an ESOP * Name the benefits and disadvantages of an ESOP * Recognize the tax benefits of an ESOP



219 Management ServicesDeveloping Business in the Professional Services Industry

2.0


* The values and beliefs required to effectively develop new business. * Process and tools for strategically building a network. * The planned account development (PAD) process including industry and company analysis, opportunity identification, and pursuit planning. * The client discussion process (CDP) and key skills. * Opportunity follow-up including debrief, next steps planning, and communication.


* Describe the mindset required to be an effective business developer. * Identify the three stages of business development. * Discuss how to strategically develop networks. * Describe the Planned Account Development (PAD) process to identify and pursue new business opportunities. * Describe the process for planning and conducting client business development discussions. * Discuss the process of growing business development skill in others.


220 Management ServicesDrive Organizational Efficiency and Effectiveness Through Control & Performance Evaluation

3.0

The ability to accurately and successfully evaluate performance and link performance to control standards is critical for organizations that seek to maximize effectiveness and efficiency. See how the proper control and performance evaluation techniques, applied to operations, marketing and finance, can ensure companywide success.

Arm yourself with the proven methodologies, understand the important definitions and explore the realistic examples that will position you to apply control and performance evaluations for maximum success. Participants will gain a practical overview of the critical factors for control and performance evaluation as well as the appropriate techniques to control, evaluate and report operations and performance. Quality considerations will also be addressed. After completing the session you will be able to:

* Define the factors to be analyzed for control and performance evaluation, including those related to regular operations, investments bases & financing costs, and non-financial performance measures. * Define the techniques to control and evaluate operations, including budgeting, management by exception, variance measures, standard cost systems, benchmarking and the use of contemporary productivity concepts * Recognize techniques to evaluate and report performance, including responsibility segments and reporting in an organizational setting * Define the various performance


221 Management ServicesEnterprise Risk Management - Integrating with Strategy & Performance, Part 1

2.0


* The definition of Enterprise Risk Management * Key Enterprise Risk Management concepts including strategy, risk profile, risk appetite, performance and business context * The components and principles of Enterprise Risk Management and their supporting principles * The details of the Governance and Culture component of Enterprise Risk Management and supporting principles


* Define Enterprise Risk Management. * Discuss how Enterprise Risk Management can help identify strategy, business objectives and risk appetite. * Discuss how Enterprise Risk Management can align performance targets with risk appetite. * Discuss the components and principles of Enterprise Risk Management and explain the manner in which applicable principles support the Governance & Culture component.


222 Management ServicesEnterprise Risk Management—Integrating with Strategy & Performance, Part 2

2.0


* Components and principles of enterprise risk management * Techniques used to define risk appetite and evaluate alternative strategies * Techniques used to identify, evaluate and respond to risk * Linking risk management results to ongoing strategy development * Steps taken to review and revise application of enterprise risk management components and principles and techniques to effectively communicate that review on an ongoing basis


* Discuss the strategy and objective setting component of enterprise risk management and related principles. * Discuss the performance component of enterprise risk management and related principles. * Discuss the review and revision component of enterprise risk management and related principles. * Discuss the information, communication and reporting component of enterprise risk management and related principles.

Intermediate Enterprise Risk Management—Part 1 None 04/26/21 05/31/22 QAS Self-Study

223 Management Services Leading through emotional intelligence 2.0


* The research on emotional intelligence. * Daniel Goleman's five domains of emotional intelligence. * The 20 competencies for each domain of emotional intelligence. * Differences between leaders with high emotional intelligence and leaders with low emotional intelligence. * Suggestions for improving your emotional intelligence. * Benefits of emotional intelligence for leaders and the organization.


* Define emotional intelligence. * Name the five domains of Daniel Goleman's model of emotional intelligence. * Identify the 20 competencies of emotional intelligence. * Recognize behaviors of leaders with high emotional intelligence and low emotional intelligence. * Identify the 14 signs of high emotional intelligence.



224 Management ServicesManagement Keys to Success, Leadership, Continued Improvement and Self-Management

2.5


* How to motivate today's workers * The art of psychology and determine why people act as they do * How the most successful organizations try new and different ways of motivation * How to negotiate with others about change * How to implement certain things about ourselves that will cause that change


* Identify old and the new-style methods of motivating employees including money, compensation systems, autonomy, mastery, and relevance. * Recognize new leadership techniques, positions, and methods of problem solving. * Calculate employee happiness using benchmarking to determine the most effective motivators. * Differentiate between power negotiation and common goal negotiation. * Apply management techniques to future personal and professional goals.


225 Management ServicesManagement Keys to Success: Culture and Leadership

2.0


* Why some organizations are more successful than others * How a finance professional can best navigate the new-style organization and influence its success * How a finance professional can be more successful as an individual


* Define old and new-style organizations. * Define four different organizational cultures. * Recognize which organizational culture is most effective in today's culture. * Differentiate between leadership and management styles and characteristics. * Identify the advantages and disadvantages of management and leadership techniques.


226 Management ServicesManagement Keys to Success: Hiring the Best Personalities

1.0


* How to hire the best people * How to train people to be their best * How to motivate to keep the best people


* Identify the importance of strong hiring procedures. * Differentiate between technical skills and people skills. * Determine why each skill is important to an organization. * Apply the four-step hiring process. * Differentiate between the four personality types in the Social Stylessm Model. * Identify a personality type in another person using the Social Stylessm Model. * Define the concept of versatility and how it relates to group tension.

IntermediateManagement Keys to Success: Culture and

LeadershipNone 02/22/21 03/31/22 QAS Self-Study

227 Management ServicesPractical project management 4: Plan the work, resources, budget, timeline

2.0


* Parallel, iterative process for planning a project * How to identify all the cross-functional work on a project * How to collaboratively create and evolve a project timeline * How to create a project budget and procurement plan * How to assess the team’s estimates, make trade-offs, and evolve to an agreed-upon plan for the project


* Articulate how planning is kicked off during a strong project start * Understand a parallel, iterative approach to Kickoff, Investigation, and Planning with the Team * Create a Work Breakdown Structure for a project * Lead a team in collaboratively creating a timeline * Create a project budget and plan for procurement * Lead a team in making trade-offs among scope, time, and costs and finalizing a doable plan

Basic

Practical project management (for any effort)

Begin a project with strong goals and support


228 Management ServicesPractical Project Management Series #1: Overview of Practical Project Management (for Any Effort)

1.5

This course will be an overview of the:

* The need for practical techniques for managing projects * Philosophy of a "just enough, just right" approach * Foundational tenets that determine project success * Lifecycle of stages for a team to organize a project and collaborate throughout


* Articulate what matters most for managing any project * Understand project goals and making tradeoffs * Know the composition of a strong project team * Understand a team's role in handling risk and uncertainty * Express rationale for and characteristics of a project process



229 Management ServicesProject Management: Identifying and handle project risks

2.0


* What project risk is and when a team should consider it during a project * Techniques for identifying risks to a project’s success * How to assess whether and how much each risk could hurt a project * Ways to avoid or lessen the likelihood and/or severity of a risk occurring * How to pay proactive ongoing attention to risks throughout a project


* Articulate what a project risk is and how the team collaborations to identify and manage risks * Identify risks to the project using a variety of techniques * Assess the probability and severity of each risk and determine a priority for addressing them * Decide the best way to respond to a risk to either avoid it or minimize it * Monitor and manage risks throughout a project to ultimately have a successful project

Basic




230 Management ServicesProject management: Be a people-savvy leader throughout (7)

1.5


* What it means to lead people on a project. * Why influence is a critical part of the PM leadership role, and how to develop and utilize influence with individuals. * How to grow the PM's circle of influence and gain additional access for broader influence to achieve project goals. * The PM role in leading critical project decision-making and tools that can help. * How a leader communicates and comports themselves and why it matters.


* Articulate the major components of project manager role for leading the people on a project. * Create influence plans for individuals whose support is needed in some way on the project. * Map their personal business relationships and use to gain access needed to execute their influence plans. * Use influence and information tools to guide a group of individuals through challenging decisions. * Communicate strongly with a leadership persona and in a way that engenders trust and support from others.


231 Management ServicesProject management: Close strongly with customers and the team

2.0


* What it means to finish a project strongly and the sequence of work to achieve. * Techniques for judging that the deliverables of a project are ready to go to customers. * Approaches for planning ahead for and executing transitions of the project's deliverables to the customer and any support teams. * Techniques for closing out a project with team appreciation and feedback.


* Articulate the essence of closing a project strongly. * Define and utilize practical checklists for judging readiness to release to customers. * Plan ahead for and execute effective transitions of project deliverables to the project's customers. * Perform an effective closeout with the team.

Basic




232 Management ServicesProject management: Manage the project to get it all done

1.5


* How business-focused project goals get translated into aspects of managing the team to achieve those goals * The major components of the project manager’s job in managing a project * Multiple techniques for tracking the big picture and details of a project * How to regularly assess whether the project is on track to meet its goals * How a team works together during a project to consider suggested changes and ensure that impacts are understood and changes controlled * Aspects of and techniques for effective and efficient team communication including within the core team; and with executives, stakeholders, and influencers


* Articulate the major components of managing a project and what that management must achieve * Decide on and use different techniques for monitoring work and goals, with insights on progress and threats * Establish expectations for controlling changes to a project to avoid disruptions and threats to the goals * Utilize meetings and other techniques for robust communication within the core and extended team

Basic




233 Management ServicesSexual Harassment – Creating a Safe and Positive Workplace

2.0


* Current climate, events, and trends associated with sexual harassment in the workplace * Model sexual harassment prevention policies * Appropriate training requirements and contents * Next steps for enacting ongoing cultural change

Note: New York State and New York City requires employers to provide employees with sexual harassment prevention training fulfilling set requirements. This course covers all New York State and New York City requirements with the exception of the employer/employee interactive portion. New York employers should be prepared to address questions raised by employees including those specific to their industry, questions about the organization's reporting process and questions about how hypothetical cases would be handled, including discussions regarding any internal compliant process available to employees to address sexual harassment claims.


* Recognize appropriate sexual harassment prevention policies in the workplace * Identify contents of the standard complaint form * Define sexual harassment and the applicable federal and local laws * Identify the procedures for investigating complaints * Recognize sexual harassing behaviors and appropriate responses. * Recognize current events, risk factors, and next steps employers and employees can take.



234 Management ServicesStrategic Management: The Tools to Compete in the Era of Rapid Change, Part 1

3.0

It's a rapidly evolving world today, and success demands the ability to plan at both the strategic and tactical levels. In this two-part course participants will learn how strategic analysis, strategic and tactical plans, and the budgeting process interact with one another. They will also learn the underlying core concepts and process of successful planning and budgeting.

In this first of Becker's two-part series on Strategic Management you will examine corporate planning, budgeting and forecasting processes. Gain a valuable introduction to budgeting concepts and the critical role that planning plays in the budgeting process as you prepare yourself for real-world applications. After completing this session you will be able to:

* Planning: o Identify the distinct activities in the strategic planning process o Define and recognize the characteristics of the four components of strategic positioning o Understand the influence of operating environment on operational and tactical planning o Define capacity planning and structural/executional cost drivers o Identify the steps followed in Value Chain Analysis o Define and recognize the process of contingency planning * Budgeting: o Recognize the components of a master budget and the characteristics of successful


235 Management ServicesStrategic Management: The Tools to Compete in the Era of Rapid Change, Part 2

3.0

It's a rapidly evolving world today, and success demands the ability to plan at both the strategic and tactical levels. In this two-part course participants will learn how strategic analysis, strategic and tactical plans, and the budgeting process interact with one another. They will also learn the underlying core concepts and process of successful planning and budgeting.

The second part of this two-part course will use formulas and realistic examples to illustrate effective budgeting systems appropriate in today's fast-changing corporate environment while exploring the forecasting process. After completing this session you will be able to:

* Recognize the purpose, mechanics, benefits, and limitations of various budgeting methodologies: o Annual o Project Based o Activity Based o Zero Based o Continuous/Rolling o Kaizen o Flexible * Recognize the purpose, characteristics and process used to develop the components of the annual profit plan, including: o Operating budgets (sales, production, direct materials, direct labor, overhead, cost of goods manufactured and sold, and selling, general & administrative) o Financial budgets (cash budgets, pro forma financial statements, capital budgets)

BasicThe successful completion of Becker's Strategic Management: The Tools to

Compete in the Era of Rapid Change, Pt. 1None 08/19/20 09/30/22 QAS Self-Study

236 Management ServicesTechniques for Project Scope and Time Management

2.0

Successful project and engagement managers employ established scope and time management techniques to ensure the timely completion of critical projects. Familiarize yourself with the proven strategies and tools that can guarantee success.

In this session you will examine and learn specifically about project engagement management techniques. At the conclusion of this session you will be able to:

* Scope management techniques - o Recognize how to establish project requirements o Define and recognize how to prepare a scope statement o Recognize the components of a work breakdown structure o Identify tools and outputs to verify project deliverables o Identify the tools and outputs to manage change control * Project time management techniques - o Define project activities o Recognize how to sequence project activities o Recognize how to estimate resource utilization o Recognize how to estimate project activity durations o Identify the steps to create a project schedule



237 Management ServicesWhy incorporate environmental, social, and corporate governance (ESG)

2.0


* Background of environmental, social, and corporate governance (ESG) * Importance of ESG * Trends in investor consideration of ESG * Requirements and recommended considerations of financial statement disclosures related to ESG


* Define ESG, or environmental, social, and corporate governance, and related terms * Identify the various facets of ESG * Recognize the importance of ESG * Recognize considerations for companies with respect to ESG and related financial disclosures


238 Personal Development 10 Habits of highly successful careers 2.0


* Habits you can work on to advance in your career. * Tasks you should be working on. * Questions you should ask yourself in taking ownership for your career. * When to ask others for help to ensure you are getting the guidance and advice you need.


* Learn the 10 habits of a successful career. * Understand one’s responsibility in gaining endorsement. * Learn the competencies one needs to work on being seen as a star or leader. * Learn possible 'career derailers'.


239 Personal DevelopmentBecoming a Highly Effective Performer! Making the Best of YOUR Time!

1.5


* What is difficult about managing YOUR time? * How to set priorities * What is the distinction between distractions and procrastination * How to gain a discipline around your biggest tasks


* Learn how to focus on frogs versus tadpoles. * Procrastination is human nature, learn how to procrastinate effectively. * How to set clear objectives.


240 Personal DevelopmentBecoming a highly effective performer! Making the best of YOUR time!

1.5


* What is difficult about managing YOUR time? * How to set priorities. * What is the distinction between distractions and procrastination. * How to gain a discipline around your biggest tasks.


* Learn how to focus on frogs versus tadpoles. * Procrastination is human nature, learn how to procrastinate effectively. * How to set clear objectives.


241 Personal Development Being a Trusted Advisor 2.0


* Elements of building trust with clients, prospects, and internal stakeholders * The values and beliefs of a trusted advisor * Critical required skills including listening, partnering, flexibility, and emotional intelligence * The trusted advisor approach to developing new business including networking, prospect pursuit, and proposals * Building a trusted advisor culture and approach in your department, whether client-facing or internal service focused


* Define the meaning of trust in a business environment. * Describe the mindset required to be a trusted advisor. * Identify key trusted advisor skills and behaviors. * Explain strategies to approaching new business development as a trusted advisor. * Describe how to promote a trusted advisor approach in the workplace.


242 Personal Development Critical Thinking – The Key to Success in Any Job 1.0


* What are the top skills and attributes employers look for? * What is Critical Thinking? * Why is Critical Thinking important? * What are the steps of Critical Thinking? * How do you develop Critical Thinking skills in others and yourself?


* Define Critical Thinking. * Identify Noncritical Thinking. * Identify the Steps of Critical Thinking.


243 Personal Development Leading with empathy 1.0


* What empathy is and why it matters. * Barriers to empathy. * Positive impact of empathy to the bottom line. * How to develop empathy skills. * Manager’s role when there are signs of struggle.


* Define types and benefits of empathy. * Describe barriers to empathy. * Name ways to become more empathetic. * Identify strategies to help support employee wellbeing.


244 Personal Development Managing with courage 1.0


* What is managerial courage? * How to develop managerial courage. * The impact of managerial courage. * Habit to build to support managerial courage. * How to coach others to have managerial courage.


* Understand the concept of courage in the workplace. * Recognize his/her personal skills that support or undermine managerial courage. * Appreciate the impact of managerial courage. * Develop a plan to build personal habits that enhance managerial courage. * Know the steps to coach others to have managerial courage.



245 Personal Development Managing Your Career Using the 70-20-10 Rule 1.5

This course will be an overview of the:

* Best practices in career development * Research on time-tested guidelines for successful development of managers into leaders * 70-20-10 rule for career development * Self-assessment process of career development plan


* Identify the stages of career development * Identify elements of the 70-20-10 rule * Identify steps of a career development plan


246 Personal DevelopmentMOTIVATORS: Understanding What Drives Your Behaviors, and What Drives Others’ Behaviors

1.0


* "Why" individuals behave the way they do. * The values that comprise each of the seven universal motivators. * Insights into patterns of combinations of motivators. * The importance of this knowledge in self-awareness.


* Define behaviors, motivators and values. * Identify the universal seven motivators and their dimensions. * Recognize the strengths and limitations of each of the seven universal motivators.


247 Personal Development Resilience: Bouncing back from major setbacks 1.5


* What is resilience and why does it matter? * Benefits of resilience – personally and professionally. * Steps to building resilience in the workplace. * Tools for building resilience. * Measuring resilience to gauge your progress.


* Understand the value of resilience and why it matters. * Recognize the difference between individual and corporate resilience. * List steps to prepare for and respond to crises. * Identify personal level of resilience and incorporate skill-building habits into daily life.


248 Personal Development Serving on a Board: What a CPA Needs to Know 2.0


* General information about board service for both corporate and not-for-profit entities * Identifying organizations or companies that may be a good fit for board service * Governance considerations for board members * Professional benefits to the CPA of serving on a board


* Identify key aspects of serving on a not-for-profit or corporate board * Recognize differences between not-for-profit and for-profit board service * Name key factors to consider when evaluating board service opportunities * Apply financial and analytical skills as a CPA to effective board service * Recognize governance responsibilities and objectives of board service * Identify risks a CPA may face in serving on a board


249 Personal Development Stress Management at Work 2.0

This course will help participants:

* Understand the symptoms of stress * Identify workplace stress triggers * Recognize the emotional and physical impacts of stress * Determine the most appropriate coping skills to alleviate stress in the workplace * Create a healthy work environment (managers)


* Understand and recognize the symptoms of stress. * Identify workplace stress triggers. * Recognize the emotional and physical impacts of stress. * Determine the most appropriate coping skills to alleviate stress in the workplace. * Create a healthy work environment (managers).


250 Personal Development The millennial leaders 1.0


* The characteristics of the millennial leaders’ generation * The different types of leadership jobs millennials hold and the trends over the last several years * Millennial leaders’ management style and the skills they will need to be successful in the future workforce


* Recognize the characteristics of millennial leaders * Identify the leadership roles millennials are taking * Name the different leadership preferences and styles of millennial leaders and the skills required to succeed in the workforce of tomorrow


251 Personal Development The power of personalities at work 2.0


* Different personality types * The motivational drives of personality types * Common frustrations various personality types may experience * How different personality types communicate * Best personality types to work together in peer-to-peer and manager-to-peer scenarios * Tips and techniques that various personality types can use to create powerful professional outcomes


* Define personality * Recognize different types of personalities * Identify benefits of and techniques for using personality assessments in the workplace * Apply techniques for using personality assessments to resolve workplace issues and create compatible teams



252 Personal Development The truth about multitasking 1.0


* Why multitasking has become the norm in the accounting profession * The latest research on the impact of both multitasking and multicommunication on outcomes and workplace performance * Whether multitasking is effective or not, and when * Alternatives to multitasking and multicommunication * Healthy multitasking tips for times when it is unavoidable


* Recognize the effects of multitasking * Identify when multitasking occurs in the accounting profession * Identify several techniques that are effective alternatives to multitasking


253 Personal Development Time Management for Professionals 2.0


* Causes of time wasters at work * Common and effective time management systems * Productivity-enhancing techniques * Holding productive meetings virtually and in person * Creating a work culture of productivity


* Identify common time wasters when working in the office or remotely. * Organize the workday for maximum efficiency. * Implement one or more common time management techniques. * Create a work culture of discipline and productivity.


254 Personal Development Transitioning from Buddy to Boss 1.5


* The essential roles and skills of an independent contributor, a manager, and a leader, * The progression of learning from self development to managing your team, * The five stages of team development, * Quick summary of Situational Leadership and team, and readiness * How to assess your customers' satisfaction with your team's work.


* Differentiate between an individual contributor and a manager, * Assess your own managerial competencies, * Assess your customers' satisfaction, and * Identify four situational leadership styles.


255 Personnel/Human Resources Help your new hires hit the ground running 2.0


* The definitions onboarding, orientation, assimilation and organizational culture. * Research on the importance of onboarding and productivity and retention. * How to assimilate new leaders and new team members. * Strategies for the first 90 days.


* Define onboarding, orientation, assimilation and organizational culture. * Identify the elements of the onboarding model. * Define the stages of the onboarding process. * Name the elements of assimilating a new leader and a new team member. * Name the components of the first 90-day plan.


256 Personnel/Human ResourcesLeading vs. managing: What to do when and with whom

1.0


* Leaders vs. Managers: Born or Made? * Leading vs. Managing Framework * Questions Leaders and Managers MUST Ask


* Learn the practical differences between leading and managing * Know exactly when to apply leader and manager behaviors for achieving successful business and personal outcomes * Discover the 8 questions every leader/manager must ask his or her clients to succeed with any task


257 Personnel/Human Resources Lessons learned working from home 1.0


* Organizing your workspace at home. * Dealing with distractions. * Coping with living at work. * Motivating yourself to be productive. * Dealing with your loneliness.


* Define the home office components. * Identify elements of balancing isolation and social interactions. * Identify your additional ‘jobs’ for working from home. * Name the elements of a work schedule for productivity.


258 Personnel/Human Resources Myths and realities of working from home 1.0


* Research on working from home. * Myths and realities about the home workspace. * Myths and realities about the remote worker. * Myths and realities about remote work productivity.


* Identify the main distractors at working from home. * Name the keys to positive work culture. * Identify the best tools for working virtually.

Basic/Intermediate None None 10/23/20 08/31/23 QAS Self-Study

259 Personnel/Human Resources Performance Management Essentials 1.0


* Elements of the performance management cycle * Process for planning the timeline of activities * The structure the documentation process * The structure of the performance appraisal meeting * Do’s and Don’ts of performance management


* Identify the elements of the Performance Management Cycle. * Describe the components of SMART Goals. * Name the elements of the Documentation Process. * Describe the Performance Appraisal session.



260 Personnel/Human Resources Performance management essentials 1.0


* Elements of the performance management cycle * Process for planning the timeline of activities * The structure the documentation process * The structure of the performance appraisal meeting * Do’s and Don’ts of performance management


* Identify the elements of the Performance Management Cycle. * Describe the components of SMART Goals. * Name the elements of the Documentation Process. * Describe the Performance Appraisal session.


261 Personnel/Human Resources Strategic thinking 1.0


* Definitions of strategy and strategic thinking. * Definition of competitive advantage. * Models and tools for developing strategies. * Core competencies for strategic thinking for competitive advantage.


* Define strategy, strategic thinking and competitive advantage. * Identify the components of strategy models. * Identify the core competencies for strategic thinking for competitive advantage.


262 Personnel/Human Resources Strategic thinking 1.0


* Definitions of strategy and strategic thinking. * Definition of competitive advantage. * Models and tools for developing strategies. * Core competencies for strategic thinking for competitive advantage.


* Define strategy, strategic thinking and competitive advantage. * Identify the components of strategy models. * Identify the core competencies for strategic thinking for competitive advantage.


263 Personnel/Human Resources Talent management and succession planning 1.0


* Definitions and trends. * Talent management. * Succession planning and using the 9-box grid.


* Define talent management. * Define succession planning. * Identify the four types of Critical Success Factors (CSF). * Identify the elements of the Nine Box Grid.


264 Personnel/Human ResourcesTraining and Developing Employees Using a Competency Framework

1.5


* Defining components of a competency framework * Developing a competency framework * Developing a training and development framework * Explaining the employee individual development plan


* Define the elements of a competency * Define the four proficiency levels * Describe a competency framework * List the 7 steps of developing a training and development plan


265 Regulatory Ethics2021 - Standards for Tennessee CPAs: State specific ethics

2.0


* Importance of ethics * Tennessee State Board of Accountancy * License requirements * Continuing professional education * Peer review * What’s new * Rules of professional conduct * Complaint process * Enforcement case examples


* Understand the importance of ethics * Define the purpose of the Tennessee BOA * Identify the licensing and continuing professional education requirements * Understand the importance of peer review * Identify what are recently new updates, the rules of professional conduct and the complaint process * Understand enforcement case examples


266 Regulatory Ethics2021 - Standards for Tennessee CPAs: State specific ethics

2.0


* Importance of ethics * Tennessee State Board of Accountancy * License requirements * Continuing professional education * Peer review * What’s new * Rules of professional conduct * Complaint process * Enforcement case examples

This course has been approved by the Tennessee Board of Accountancy to meet the two hour state ethics requirement.


* Understand the importance of ethics * Define the purpose of the Tennessee BOA * Identify the licensing and continuing professional education requirements * Understand the importance of peer review * Identify what are recently new updates, the rules of professional conduct and the complaint process * Understand enforcement case examples



267 Regulatory Ethics AICPA's Ethics Codification Project 2.0

The AICPA's Ethics Codification is the primary focus of this course—its history, purpose, and organization. The course outlines the key changes implemented as a result of the project and explains the conceptual framework approach to the new Codification. Concrete examples are employed to illustrate how to use the new Codification as well as how to use the research features available that are online.


* Recognize the history and purpose of the AICPA Ethics Codification Project. * Recognize how the Codification is organized. * Identify key changes made as a result of the Ethics Codification Project. * Identify the conceptual framework approach to the new Codification. * Apply guidelines on how to use the new Codification. * Identify online research features.


268 Regulatory Ethics Colorado Rules and Regulations 2.0


* The governing bodies responsible for enforcing the rules and regulations applicable to public accountants in Colorado * The state-specific rules governing professional conduct in Colorado * The processes and procedures applicable to those engaged in the practice of public accountancy in Colorado * Beyond meeting the board requirements for rules and regulations, this course provides the CPA with guidance on identifying and navigating ethical situations


* Examine the governing bodies responsible for enforcing the rules and regulations applicable to public accountants in Colorado * Identify the state-specific rules governing professional conduct in Colorado * Understand the processes and procedures applicable to those engaged in the practice of public accountancy in Colorado


269 Regulatory Ethics Creating a Culture of Integrity 2.0


* Integrity generally, including definitions and the importance of integrity in the workplace * The general steps required to build a culture of integrity * Common examples of incorporating the five-step process to build a culture of integrity in a workplace * Strategies for balancing integrity with business challenges


* Define integrity and its importance in a business setting * Name the steps for creating a culture of integrity * Recognize examples of integrity in business settings * Apply best practices to common business examples to create a culture of integrity


270 Regulatory Ethics Ethical Foundations 1.0


* This course will introduce participants to the foundations of ethical behavior. All it takes is a look at news headlines to see a business world littered with victims of unethical behavior. This course demonstrates not only how unethical behavior can ruin careers, bring debilitating expenses and fines to any company, and lead to prison terms for executives and others, but also how individuals and companies that act with integrity can drive employee and customer satisfaction while improving company performance.


* Recognize the foundations for ethical behavior.


271 Regulatory EthicsIndependence – Historical Insights and Today’s Rules

3.0

Well-developed accounting standards and independent audits have helped make the U.S. capital markets a national asset. Because auditor objectivity is crucial to investor confidence, regulators and others become concerned when they perceive actions that may impair or appear to impair independence. That's why accounting compliance in today's business world demands a solid understanding of the most current ethics rules relating to independence, no matter the regulatory body.


* Recognize the ethical standards of the accounting profession, including the independence rules of the Public Company Accounting Oversight Board (PCAOB). * Recognize the ethical standards of the accounting profession, including the independence rules of the American Institute of Certified Public Accountants (AICPA). * Recognize the ethical standards of the accounting profession, including the independence rules of the Securities and Exchange Commission (SEC). * Recognize the ethical standards of the accounting profession, including the independence rules of the Government Accountability Office (GAO). * Recognize the ethical standards of the accounting profession, including the independence rules of the Employee Retirement Income Security Act (ERISA).



272 Regulatory Ethics Independence technical overview 1.5

This course will be a high-level overview of:

* The independence rules from the American Institute of Certified Public Accountants (AICPA) * The independence rules from the Securities and Exchange Commission (SEC) * The independence rules from the Public Company Accounting Oversight Board (PCAOB) * The IRS independent tax return preparer rules * Global independence standards established by the International Federation of Accountants (IFAC) and the International Ethics Standards Board for Accountants (IESBA)


* Identify independence rules from the American Institute of Certified Public Accountants (AICPA) * Recognize independence rules from the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) * Recognize the IRS independent tax return preparer rules * Understand the global independence standards established by the International Federation of Accountants (IFAC) and the International Ethics Standards Board for Accountants (IESBA)


273 Regulatory Ethics Independence Update – AICPA, GAGAS & PCAOB 2.0

This course will look at the various rules related to Independence and compare and contrast the requirements. Each standard setter has put their own flavor on the concept of independence. This overview course will help auditors understand the nuances of independence and insure they meet the requirements to perform attest services for their clients.


* Recognize independence requirements for AICPA, PCAOB, and GAGAS.

Update Prior experience with independence rules None 12/15/20 12/31/21 QAS Self-Study

274 Regulatory Ethics Washington State Ethics 2021 4.0


* The AICPA Code of Professional Conduct and its applicability for accounting professionals. * Ethical standards addressed by the International Ethics Standards Board for Accountants and IRS Circular 230. * The 2021 Washington State ethics requirements and recent legislative changes.


* Apply the AICPA Code of Professional Conduct. * Identify the role of the Securities and Exchange Commission and the Public Company Accounting Oversight Board. * Recognize the ethical expectations of the International Federation of Accountants and IRS Circular 230. * Identify the rules and policies set forth by the Washington State Board of Accountancy ("Board"), including those pertaining to ethics, prohibited practices, continuing competency, and disciplinary procedures. * Compare Washington state law and the AICPA Code of Professional Conduct to identify key differences.


275 Specialized Knowledge A Sampling of Industries and Sectors, Part 1 2.5


* The basic components of the most common industries in the marketplace * Current trends in the different industries * The differences accountants/auditors will encounter based on industry * Future expectations in the different industries


* Identify a company's industry based on the company's basic operations and outlook * Name the high-risk accounts and areas of audit focus based on industry * Recognize the accounting and auditing challenges specific to the different industries


276 Specialized Knowledge A Sampling of Industries and Sectors, Part 2 2.0


* The basic components of the most common industries in the marketplace * Current trends in the different industries * The differences accountants/auditors will encounter based on industry * Future expectations in the different industries


* Identify a company's industry based on the company's basic operations and outlook * Name the high-risk accounts and areas of audit focus based on industry * Recognize the accounting and auditing challenges specific to the different industries

BasicA Sampling of Industries and Sectors, Part

1None 04/26/21 05/31/22 QAS Self-Study

277 Specialized KnowledgeBusiness Valuation Approaches, Methods and Procedures, Part 2

2.0

The income, market and asset-based approaches are three of the most common ways to address business valuation today. This two-part series features an overview of each, allowing participants to acquire the necessary background and experience to ensure success.

This two-part series features a practical and relevant exploration of three approaches to valuation for businesses. This session will focus on the asset based approach. At the conclusion of this session you will be able to:

* Define, recognize and calculate the two Asset-based approach models – Adjusted Net Asset Value and Excess Earning Value * Define control and acquisition premiums, lack of control discounts, lack or marketability discounts and other discounts and recognize how they impact the valuation of a business * Recognize Revenue Ruling 59-60 and its impact on Closely Held Common Stock * Recognize how to reconcile differing valuations * Identify the elements required in a business valuation report and the parties that may influence such reports

Intermediate

2 to 3 years of Public and/or Corporate Accounting experience and the successful completion of Becker's Business Valuation

Approaches, Methods and Procedures, Part 1



278 Specialized KnowledgeBusiness valuation approaches, methods, and procedures, part 2

2.0


* The two asset-based approach models—adjusted net asset value and excess earnings value * Revenue Rule 59-60 * Valuation reconciliation * Business valuation reports


* Calculate the two asset-based approach models—adjusted net asset value and excess earnings value * Define the various concepts that impact the valuation of a business * Recognize Revenue Ruling 59-60 and its impact on closely held common stock * Recognize how to reconcile differing valuations * Identify the elements required in a business valuation report and the parties that may influence such reports

Intermediate

2 to 3 years of public and/or corporate accounting experience and the successful completion of Becker's Business valuation

approaches, methods and procedures, part 1

06/29/21 04/14/22 QAS Self-Study

279 Specialized Knowledge Business Valuation Discounts and Premiums 4.0


* An overview of the world of discounts and premiums * The valuation impact of Control Premiums and Minority Interest Discounts * The usage of Marketability and Liquidity Discounts * A discussion of lesser applied discounts by valuators * The implications of selecting particular standard of values and discounts


* Understand the basic premises and characteristics of discounts and premiums * Comprehend the essentials of Control Premiums and Minority Interest Discounts * Learn the nuts and bolts of Marketability and Liquidity Discounts * Gain familiarity with lesser known discounts * Learn how the Standards of Value affects discounts and premiums


280 Specialized Knowledge Business Valuation, Special Considerations 2.0

Special valuation scenarios require not just a sound understanding of the basics, but the ability to correctly identify and appropriately address the many unique issues that frequently arise. This course provides a summary of appraisers' common valuation methods, as well as an overview of the most common special valuation scenarios and issues and the right techniques to apply in each unique situation.

Participants will review the relevant definitions, rules and regulations, and current best practices critical in the performance of sound business valuations. At the conclusion of this session you will be able to:

* Recognize the valuation methods for: o Stocks & Bonds o Debt Securities o Preferred Stock o Stock Options o S Corporation Stock and Pass-Through Entities o Intangible Assets * Recognize the valuation methods utilized for: o Estate & Gift Taxes o Stock transactions * Recognize the valuation methods utilized for: o Buy and sell agreements o Employee stock ownership plans * Recognize how Dissenting Stockholder & Minority Oppressions claims arise and the valuation methods utilized

Intermediate2 to 3 years of Public and/or Corporate

Accounting experienceNone 09/22/20 02/28/22 QAS Self-Study

281 Specialized Knowledge Business Valuation: Valuing Intangibles: Part 1 2.0


* An Introduction to Intangibles and Its Impact on Financial Statements * Identifying the Various Types of Intangibles


* Understand the history of accounting for intangibles and its impact or lack thereof on the financial statements. * Learn about the various types of intangibles and basic methodologies associated with these intangibles.


282 Specialized Knowledge Business Valuation: Valuing Intangibles: Part 2 1.5


* Valuation Techniques for Brands and Customer Relations * Purchase Price Allocations, Goodwill, and Impairments


* Comprehend the myriad of techniques used in valuing brands and customer relations. * Learn about purchase price allocations, goodwill and the latest in impairment testing requirements.


283 Specialized Knowledge Cost of Capital, Part 1 1.5


* Grasping the Full Meaning of the Cost of Capital * Fundamental Cost of Equity Mechanics


* Understand the meaning of the Cost of Capital * Calculate the Cost of Equity Capital-Basics



284 Specialized Knowledge Cost of Capital, Part 2 1.5


* Advanced Techniques in Calculating the Cost of Equity * Cost of Debt, Preferred Stock, and Weighted Average Cost of Capital Calculations * Routine Mistakes in the Calculation of the Cost of Capital


* Calculate the Cost of Equity Capital-Advanced Techniques * Determine the Cost of Debt, Preferred Stock, and the Weighted Average Cost of Capital * Recognize the typical mistakes in calculating and using the Cost of Capital

Basic Cost of Capital, Part 1 None 12/10/20 12/31/21 QAS Self-Study

285 Specialized Knowledge Crowdfunding 1.0


* Raising funds from investors via crowdfunding * SEC regulations regarding crowdfunding * Accounting and tax implications for the practice of crowdfunding * Real-life anecdotes of crowdfunding in action


* Define crowdfunding * Recognize the difference between various types of crowdfunding * Identify pros and cons of crowdfunding * Apply accounting principles to crowdfunding business initiatives * Calculate tax implications of crowdfunding for individuals and business entities * Recognize examples of crowdfunding in the marketplace


286 Specialized Knowledge Developing Powerful Business Acumen 1.5


* Business acumen definitions and importance * Key components of business acumen * Strategies for building business acumen in an accounting firm


* Define business acumen in both broad and specific terms. * Recognize the importance of business acumen in the accounting industry. * Identify key components of business acumen for firms and clients. * Name strategies for building business acumen.


287 Specialized KnowledgeIntroduction to software development and software-as-a-service (SaaS) companies

2.0


* Software development and SaaS companies, including a brief history of each type and how and when they came into being * Examples of software development and SaaS companies, including key industry terms * Business models used by software development and SaaS companies * How business models of software development and SaaS companies lead to revenue * Financial reporting considerations for software development and SaaS companies


* Define and distinguish between software development (on-premises) and software-as-a-service (SaaS) companies, as well as hybrid approaches * Name major software development and SaaS companies * Define key terms in the software development and SaaS industry * Describe business models used in the software development and SaaS industry * Describe financial reporting considerations for software development and SaaS companies


288 Taxes Tax Treaties 2.0


* Understand policy objectives of tax treaties and how to qualify for benefits * Understand taxation of business income under tax treaties * Understand taxation of nonbusiness income under tax treaties * Understand limitation on benefits provision * Understand ratification of tax treaties


* Policy objectives and qualifying for benefits * Taxation of business income * Taxation of nonbusiness income * Limitation on benefits * Ratification of tax treaties


289 Taxes2018 Reviewing Tax Returns for Accuracy and Efficiency

1.5


* The job of the reviewer * Tools needed by the reviewer * Steps in the Review * Specific procedures for the review * Finishing up the review * Signing the returns * Follow-up after filing


* Identify the roles of the reviewer in the tax return preparation process * Recognize the steps in the tax return review process * Apply tips presented in the course to the review of tax returns



290 Taxes 2021 Tax Update for Individuals 3.5


* New issues in individual taxation, including the impact of COVID-19 legislation * Understanding individual taxation * The best strategies to comply with the ever-changing tax laws used in preparing Form 1040 * Rules for determining adjustments in arriving at adjusted gross income * Rules for determining itemized deductions and the related limitations * Calculation of income tax and tax credits * Recent revisions to Form 1040 * Best practices for staying in compliance


* Define the hierarchy of authority in tax law. * Identify and apply the rules for determining filing status. * Understand and apply the dependency definition rules. * Identify what is included and excluded from gross income. * Apply the rules for classifying, netting, and reporting capital gains and losses. * Recognize the rules for determining adjustments in arriving at adjusted gross income. * Identify the rules related to contributions to and distributions from the different types of IRAs. * Recognize the rules for determining itemized deductions and the related limitations. * Calculate income tax and recognize rules for calculating credits. * Recognize the rules for calculating other taxes (e.g., Alternative Minimum Tax liability).


291 TaxesA focus on special topics for S corporations - revocation, termination, & reorganization

2.0


* The fundamental differences in the ways S corporations can be terminated * The tax implications when entities cease to be an S corporation or when they terminate by voluntary revocation * The regulations governing redemptions, liquidations, and reorganizations


* Identify the termination options of S status including the following: o Termination by revocation o Termination by ceasing to be an S corporation o Termination of waivers o Effect of termination * Define redemption options such as: o Redemptions treated as distributions under Section 301 o Redemptions treated as sales or exchanges under Section 302 * Identify liquidation options including the following: o Shares owned by a qualified subchapter S trust o Distribution of installment obligations * Identify reorganizations options which can include: o Asset acquisition by an S corporation o Asset acquisition by a C corporation o Stock for stock exchanges


292 Taxes Advanced Individual Tax - Schedule C 2.5


* Identify the tax implications of sections 1231, 1245, and 1250 business assets to the sole proprietor * Apply MACRS, Section 179, and bonus depreciation rules * Recognize how payroll taxes and the self-employment tax are calculated * Identify the basics of self-employed retirement plans and health insurance


* Recognize the overall Schedule C reporting environment * Recognize the distinction between an independent contractor and an employee * Recognize methods to use in determining between * a hobby and a for-profit business venture * Name the business expenses deductible on Schedule C


293 Taxes Base Erosion and Anti-Abuse Tax 2.0


* Background and Policy * Methodology and Computations * Filing Requirements


* Understand the background and policy tied to the Base Erosion and Anti-Abuse Tax (BEAT) rules * Understand the methodology and computations of the BEAT rules * Understand the filing requirements tied to the BEAT rules



294 Taxes Capital assets and preparing Schedule D 2.0


* Defining and characterizing capital assets * Calculating and reporting the tax on capital assets * Evaluating the tax effects from the disposal of capital assets


* Define "capital asset" * Calculate cost basis of a capital asset * Evaluate the different methods of asset disposal * Discuss the tax effects on the disposal of capital assets * Calculate tax on capital gain from asset disposition * Report the tax effects from the disposal of capital assets * Understand the treatment of losses on asset disposition


295 TaxesCapital Gains and Losses: The Fundamentals (Updated for Tax Cuts and Jobs Act 2017)

1.0


* Capital gains and losses, capital assets, and capital gains taxation * Nuances and complications of section 1231 * The critical issues related to continually fluctuating capital gains taxes


* Define and recognize examples of capital assets * Recognize the assets covered under section 1231 (e.g., property used in a trade or business, unharvested crop) * Identify and calculate section 1231 gain and loss * Recognize the rules for capital gains taxation (e.g., short-term, long-term) * Calculate capital gains and losses


296 TaxesCompliance Issues of Sales and Use Tax in the United States – Part 2

2.5

The three courses on U.S. sales and use tax intend to provide a comprehensive overview of the sales and use tax system in the United States.

* Course I, Fundamentals of Sales and Use Tax in the United States, focuses on the basics of sales and use tax as well as nexus standards and the implications of Court rulings such as the Supreme Court’s decision on the 1992 Quill case and the recent 2018 Wayfair case. * Course II, Compliance Issues in Sales and Use Tax in the United States, provides details on compliance issues such as registration, calculating tax liabilities, reporting, payment, penalties, appeals, and audit management. * Course III, Reform and Development of Sales and Use Tax in the United States, focuses on: (1) The sales tax reform and the Streamlined Sales Tax (SST); (2) Hot topics in tax treatment regarding e-commerce, Internet sales, M&A, sales of digital goods, cloud computing and software as a service; (3) A brief introduction of local sales taxes and gross receipts taxes.

This is Part II of Course II focusing on addressing the following fundamental questions:

This course has two parts. After completing this part of the course, the learner should be able to:

* Identify the procedures and requirements of appeals * Identify the consequences of noncompliance such as penalties, interest and other actions that may be taken by the state for tax collection * Recognize the background and procedures of audit by tax administrations * Identify the management techniques of taxpayers in response to audit


297 Taxes Controlled Foreign Corporations 3.0


* U.S. Taxation of International Transactions * Taxation of U.S. Persons' Foreign Activities * Anti-Abuse Regimes * Controlled Foreign Corporations * Subpart F Income


* Understand the basic principles of U.S. taxation of international transactions * Identify issues tied to the taxation of U.S. persons' foreign activities, including the impact of the Tax Cuts and Jobs Act * Understand the policy and purpose of anti-abuse regimes * Identify controlled foreign corporations and recognize related tax impacts * Understand the impact of the Subpart F provisions on U.S. shareholders


298 TaxesCorporate Distributions: The Tax Treatment of Dividends, Redemptions and Liquidations (Updated for Tax Cuts and Jobs Act 2017)

1.5


* The tax rules and regulations governing dividends, redemptions, and liquidations


* Define dividends and recognize how dividends are treated and taxed * Define earnings and profits and recognize how it differs from taxable income * Calculate the distribution amount and any capital gains * Recognize the rules related to the dividends received deduction * Define and recognize the characteristics of redemptions * Recognize the four tests for redemptions * Recognize the two treatments for liquidation payments * Recognize how liquidations are taxed and perform calculations

Intermediate 2 to 3 years of tax experience None 04/26/21 05/31/22 QAS Self-Study


299 TaxesCorporate taxation and preparation strategies, part 2

2.0


* The formation of C and S corporations * The taxation of C and S corporations * The distribution of C and S corporations * The liquidation of C and S corporations * The preparation of C and S corporation tax returns


* Recognize the rules for corporate tax reporting * Recognize application of corporate alternative minimum tax credits, accumulated earning tax, and total tax liability * Identify the characteristics of a personal holding company * Recognize the characteristics of and calculate corporate distributions * Recognize the characteristics of corporate liquidations and calculate the resulting gain or loss * Recognize the rules for electing S corporation status * Recognize the effect of S corporation election on a corporation and shareholder * Compute shareholder basis in S corporation stock * Recognize the tax effects of terminating an S corporation election

IntermediateCorporate taxation and preparation

strategies, part 1None 06/04/21 06/30/22 QAS Self-Study

300 TaxesCorporate Taxation Strategies: Fundamentals of Reorganizations

2.0

Although the Internal Revenue Code gives "special treatment" to some corporate reorganizations, the code is fraught with rules, complexities and dangers—as well as benefits—for shareholders. Gain a realistic and practical overview of the techniques, limitations, and tax consequences that can help corporate reorganizations proceed smoothly.

No two companies are alike, and no two reorganizations are identical. But with an understanding of reorganization fundamentals, domestic reorganizations don't need to be problematic. This course will explore relevant reorganization examples, critical definitions, and appropriate and insightful questions, offering a practical overview of the wide range of domestic reorganization scenarios. At the conclusion of this session, you will be able to:

* Recognize the types of transactions that are afforded tax free status * Define and recognize characteristics and tax effects of the following corporate reorganizations: o Statutory Mergers ("A" Reorganizations) o Assets for Stock ("C" Reorganizations) o Stock for Stock ("B" Reorganizations) o Transfers to Controlled Corporations ("D" Reorganizations) o Recapitalizations ("E" Reorganizations) o Change in Name or Place of Incorporation ("F" Reorganizations) o Insolvency Reorganizations ("G" Reorganizations) o Corporate Separations

Intermediate 2 to 3 years of corporate tax experience None 08/19/20 09/30/22 QAS Self-Study

301 Taxes Estate and gift taxes, part 1 1.0


* The estate and gift tax system * A comparison between current tax law and anticipated future law changes * The complex and constantly changing rules that govern estate and gift taxes


* Recognize current and future changes in estate and gift tax laws, including updates made by the Tax Cuts and Jobs Act of 2017 * Define and identify the tax treatment of the following estate tax items: gross estate, deductions, and credits * Compute estate tax

Intermediate Two to three years of taxation experience None 02/22/21 03/31/22 QAS Self-Study

302 Taxes Estate and gift taxes, part 2 1.0


* The tax systems that govern the transfer of wealth at death * The estate and gift tax system


* Define and identify the tax treatment of the following gift tax items: transfer of property by gift, other transfers that may be gifts, valuation, and taxable gifts * Compute the gift tax * Recognize the tax rules related to reporting and paying estate and gift tax

Intermediate Estate and gift taxes, part 1 None 02/22/21 03/31/22 QAS Self-Study


303 Taxes Ethics Checklist for Tax Practitioners 1.0


* The ethical and professional responsibilities of the tax practitioner, including those under the IRS's Circular 230 and Codes of Professional Conduct applicable to attorneys and accountants * The standards imposed on tax return positions * The penalties imposed by the Code and Regulations on taxpayers and tax return preparers


* Recognize the responsibilities imposed on tax return preparers by Circular 230 as well as the Internal Revenue Code (Code) and Treasury Regulations (Regulations) * Recognize tax return preparer penalties under the Code and Regulations * Identify the circumstances under which the IRS may sanction tax advisors under Circular 230 * Identify the duties and restrictions relating to practice before the Internal Revenue Service (IRS) as outlined in Circular 230 * Recognize "best practices" for tax advisors


304 TaxesFederal Tax Accounting, Part 1 – Cash and Accrual Methods of Accounting (Updated for Tax Cuts and Jobs Act 2017)

1.0


* The differences between federal tax rules and financial accounting in computing income and deductions * The cash and accrual methods of tax accounting under the federal Code * How disputed amounts are handled for the two methods


* Define and apply the following, relating to the cash method of tax accounting o Recognition of income o Actual receipt, cash equivalents, economic benefits, deposits, and construction receipts * Recognition of deductions o The "One Year Rule," deposits, credit card payments, and prepaid interest * Define and apply the following relating to the accrual method of tax accounting o Recognition of income o Recognition of deductions * Define how §461(f) can be utilized by cash and accrual method taxpayers

Intermediate 2-3 years tax and accounting experience None 12/11/20 01/31/22 QAS Self-Study

305 TaxesFederal Tax Accounting, Part 2 – Deferred Payment Sales

1.5

Deferred Payment Sales – instances in which property is sold, with one or more of the payments received in a different taxable year – require Installment Method accounting and a special set of rules. Acquire the practical background and knowledge that will allow you to successfully navigate these unique instances confidently and accurately.

In this course, the second of a two-part series, participants will explore the rules and nuances surrounding Deferred Payment Sales and the related Installment Method accounting. Learn important definitions and familiarize yourself with the sections of the tax code that relate to this unique tax situation, and see why taxpayers are better served opting for an alternative to the related Open Transaction Reporting method. At the conclusion of this session you will be able to define and apply the following relating to Deferred Payment Sales:

* The rules prescribing the taxation of installment transactions * Exclusivity of the installment method * Ineligible transactions and taxpayers * Computations under the installment method * Contingent payment sales * When payments are deemed received * Interest and pledge rules * Resales by related parties * Modifications and dispositions of installment obligations * Electing out of the installment method

Intermediate2 to 3 years of tax and accounting



306 TaxesFederal Tax Accounting, Part 3 – Inventory (Updated for Tax Cuts and Jobs Act 2017)

1.5


* The ways in which the federal tax code, Treasury regulations, and case law have shaped inventory accounting for U.S. companies today * Which practices are acceptable and which are not


* Define the following related to inventories: o Accrual Method of Accounting o Supplies o Rotable Spare Parts o Temporary Inventory o Promotional Items o Goods in Transit o Real Estate o Securities Dealers o Lower Cost or Market o Retail Method o Shrinkage o Section 263A o Interest Capitalization o Inventoriable Costs of Nonmanufacturing o Allocation of Inventoriable Costs of Manufacturers o LIFO and Changes from LIFO

Intermediate2 to 3 years of tax and accounting


307 Taxes Federal tax implications for the trucking industry 1.5


* The trucking industry overall * Applicable deductions * Entity type considerations * Excise tax * Fuel tax * Heavy highway vehicle use tax


* Identify statistics and trends in the trucking industry * Recognize key income tax issues in the trucking industry * Calculate tax consequences of transactions or decisions in the trucking industry * Recognize key non-income taxes that affect the trucking industry * Identify ways a CPA or EA can service the trucking industry effectively


308 Taxes Federal Taxation of Bitcoin and Virtual Currencies 1.5


* The digital currency bitcoin * The federal taxation treatment of transactions using bitcoin * New and proposed authorities and issues affecting bitcoin


* Define bitcoin * Recognize the federal tax implications of using bitcoin in sales or exchanges * Recognize the federal tax implications of using bitcoin for payment of wages or compensation * Recognize the FBAR and FATCA implications associated with the use of bitcoin * Recognize the federal tax implications of mining bitcoin


309 TaxesFiling Form 1041 – reporting income tax of trusts and estates

2.5


* Trust and estate formation and purposes * Form 1041 filing requirements * Choice of filing period * Common types of income and deductions reported on Form 1041 * The impact and benefit of making certain elections (e.g., Sections 645 and 663(b) elections) * Section 1041 basis adjustment reporting * The allocation of income between entity and beneficiaries, and to the proper tax period * The process of filling out Form 1041


* Recognize basic concepts related to the formation, usage, and termination of trusts and estates * Name and apply the common types of income and deductions reported on Form 1041 * Understand the basic requirements of preparing and filing Form 1041, U.S. Income Tax Return for Estates and Trusts


310 Taxes Foreign Account Tax Compliance Act (FATCA) 1.0 In this course students will be informed about the background and technical requirements set forth with the passage of the Foreign Account Tax Compliance Act.

In this course, the participant will learn about the Foreign Account Tax Compliance Act (FATCA). At the conclusion of this session, you will be able to:

* Identify key terms of the FATCA legislation * Recognize the reasons for the passing of FATCA * Recognize the implications of FATCA to financial institutions and multi-national corporations throughout the world * Recognize the technical requirements of FATCA * Recognize how FATCA provisions overlay with other withholding requirements * Identify other considerations related to the passing of FATCA



311 Taxes Foreign Currency Transactions 2.0


* Considerations when investing outside the United States * Foreign currency translation rules * Foreign currency transactions


* Understand important considerations when investing outside the United States * Understand foreign currency translation rules * Understand basic foreign currency transactions


312 Taxes Foreign Derived Intangible Income (FDII) Rules 2.0


* Overview of the international tax provisions under TCJA * FDII rules and regulations * FDII filing requirements


* Understand key changes made to the international tax rules as a result of the Tax Cuts and Jobs Act * Understand Foreign-Derived Intangible Income (FDII) rules and regulations * Understand the filing requirements tied to the FDII rules


313 Taxes Foreign Derived Intangible Income (FDII) Rules 2.0


* Overview of the international tax provisions under TCJA * FDII rules and regulations * FDII filing requirements


* Understand key changes made to the international tax rules as a result of the Tax Cuts and Jobs Act * Understand Foreign-Derived Intangible Income (FDII) rules and regulations * Understand the filing requirements tied to the FDII rules


314 Taxes Foreign tax credit (final regulations 2020) 2.0


* Worldwide Tax System v. Territorial Tax System * Foreign Tax Credit * Interaction with Other International Tax Rules


* Understand different tax systems and the need to mitigate double taxation * Understand the foreign tax credit (worldwide system) * Understand how the foreign tax credit interacts with other international tax rules


315 Taxes Fundamentals of Equity-Based Compensation 2.0


* The basics of equity compensation and common terms used when discussing equity compensation. * Key characteristics that define each type of equity compensation. * Taxation of stock compensation to the employee for each type of equity compensation. * Taxation of stock compensation for the employer for each type of equity compensation. * Tax consequences of, and how to make, the 83(b) election. * Book and tax treatment of equity compensation.


* Understand why equity compensation is used and the basic terms used when discussing equity compensation. * Understand the characteristics of common types of equity compensation, including Nonqualified Stock Options, Incentive Stock Options, Employee Stock Purchase Plans, Restricted Stock Options, and Restricted Stock. * Understand the taxation to the employee and to the employer for each type of equity compensation. * Understand the tax consequences of the Section 83(b) election and understand how to properly make the Section 83(b) election. * Understand the book and tax treatments of equity compensation.


316 Taxes GILTI final regulations (2020) 2.0


* Background and Policy * Methodology and Computations * Filing Requirements


* Understand the background and policy tied to the GILTI rules * Understand the methodology and computations of the GILTI rules * Understand the filing requirements tied to the GILTI rules


317 Taxes Inbound Taxation 3.0


* Taxation of foreign person’s business income * Taxation of foreign person’s nonbusiness income * Special inbound tax provisions-FIRPTA and branch profits tax * Base erosion and anti-abuse tax (BEAT) * Policies tied to global tax issues


* Understand taxation of foreign person’s business income * Understand taxation of foreign person’s nonbusiness income * Recognize special inbound tax provisions—FIRPTA, branch profits tax * Understand impact of base erosion provisions * Identify how statutory law interacts with global tax policy



318 TaxesIndividual alternative minimum tax: What every practitioner needs to know

2.0


* The history of the alternative minimum tax (AMT) in modern taxation * The reasoning behind the AMT and its justification * How the Tax Cuts and Jobs Act affects the AMT * Which adjustments are added to regular income and which are subtracted from regular income to determine AMTI * How alternative minimum taxable income (AMTI) is used to calculate AMT


* Recognize alternative minimum tax (AMT) exemption amounts * Identify potential AMT adjustments, preference items, and credits * Define the AMT credit * Calculate alternative minimum taxable income (AMTI) and AMT * Recognize the Tax Cuts and Jobs Act’s impact on the AMT and AMT credit


319 TaxesIndividual alternative minimum tax: What every practitioner needs to know

2.0




* Recognize alternative minimum tax (AMT) exemption amounts * Identify potential AMT adjustments, preference items, and credits * Define the AMT credit * Calculate alternative minimum taxable income (AMTI) and AMT * Recognize the Tax Cuts and Jobs Act’s impact on the AMT and AMT credit


320 TaxesIndividual Alternative Minimum Tax: What Every Practitioner Needs to Know

2.0




* Recognize AMT exemption amounts * Identify potential AMT adjustments, preference items, and credits * Define the AMT credit * Calculate AMTI and AMT * Recognize the Tax Cuts and Jobs Act’s impact on the AMT and AMT credit


321 TaxesIndividual taxes - income & deductions (2020 returns)

3.0


* Identifying Total Income * Computing Adjusted Gross Income * Calculating the Standard Deduction and Itemized Deductions * Determining Federal Tax Liability


* Identify income inclusions and exclusions * Compute deductions to arrive at AGI * Calculate deductions from AGI * Determine tax liability


322 TaxesIndividual taxes - itemized deductions (2020 returns)

3.0


* Form 1040 framework * Income inclusions and exclusions * Adjustments to arrive at AGI * Deductions from AGI * Total tax and credits


* Understand the updated framework for Form 1040 * Determine gross income * Make adjustments for AGI * Calculate itemized deductions * Understand tax liability and credits


323 TaxesInternal Revenue Service practices and procedures – Gain a fundamental edge, Part 2

1.0


* Rules and procedures surrounding IRS settlements and compromises * Characteristics of common IRS positions * Rules and requirements surrounding equitable recoupment and mitigation provisions * Tax liens and levies including priority and effective periods


* Define and recognize the rules governing IRS settlements and compromises * Identify and recognize the characteristics of the most common IRS positions * Define and recognize the rules governing equitable recoupment and mitigation provisions * Define tax liens and levies and recognize their priority and effective period

BasicInternal Revenue Service practices and procedures – Gain a fundamental edge,

Part 1None 05/10/21 03/31/22 QAS Self-Study

324 Taxes IRS Circular 230 1.5


* The history of the issuance of Circular 230 by the Treasury Department. * The authority granted to, and responsibilities of, the Office of Professional Responsibility. * The parties subject to Circular 230. * The current requirements regarding Circular 230 applicable to tax practitioners.


* Describe the history of the issuance of Circular 230 by the Treasury Department. * Identify the authority granted to, and responsibilities of, the Office of Professional Responsibility. * Identify the parties subject to Circular 230. * Evaluate the current requirements regarding Circular 230 applicable to tax practitioners.


325 Taxes K-1 Analysis: Form 1120S and Form 1065 2.0


* The nuances of the 1065 and 1120S K-1's * The purpose of each line of the K-1 * The what's and why's of reporting


* Understand and be able to read a partnership K-1 * Understand and be able to read an S corporation K-1



326 Taxes Key tips on reading brokerage statements 2.0


* The purpose of a consolidated 1099 * The composition of a consolidated 1099 * Definitions of terms used in a consolidated 1099 * Specific issues that can arise in connection with a consolidated 1099 * How the information in a consolidated 1099 relates to an income tax return


* Name the types of Form 1099s included in a consolidated 1099 * Identify the items that appear on a consolidated 1099 * Define the terms used in a consolidated 1099 * Understand how the information on a consolidated 1099 is reported on an income tax return


327 TaxesMeals and entertainment after tax reform— What is deductible?

1.0


* The general deductibility of business M&E expenditures * The impact of the TCJA on the deductibility of M&E expenditures * The deductible percentages of various types of M&E expenditures * The exceptions to the nondeductibility of entertainment expenditures following the TCJA * The principles of recent authority and final regulations relating to M&E expenditures


* Identify deductible meals and entertainment (M&E) expenditures following 2017's Tax Cuts and Jobs Act (TCJA) * Recognize the various requirements for the deductibility of business M&E expenditures * Determine the deductible percentage of various types of M&E expenditures * Recognize the exceptions to the general rule of nondeductibility of entertainment expenditures following the TCJA * Apply the principles of recent authority and final regulations required in determining the deductibility of M&E expenditures


328 Taxes Organizing, Operating, and Closing a Partnership 2.0


* The basics of the life of a partnership, from birth to finish * The process of starting the entity, running the entity, adding and removing partners and finally ending and terminating the entity


* Understand the structure of the various forms of the partnership entity * Recognize and understand how to organize, run and terminate the various forms of entities


329 Taxes Overview of the Federal Tax System 3.5


* Individual Income Tax * Corporate Income Tax * Estate, Gift, and Generation Skipping Transfer Taxes * Social Insurance Taxes * Major Excise Taxes


Understand key provisions tied to:

* Individual Income Tax * Corporate Income Tax * Estate, Gift, and Generation Skipping Transfer Taxes * Social Insurance Taxes * Major Excise Taxes


330 TaxesPartnerships and Multiple-Member LLCs: Taxation and Other Considerations

2.0

Small, closely held businesses that comprise the backbone of the U.S. economy are increasingly organized as Limited Liability Companies (LLCs). Multiple-member LLCs and other partnerships present a variety of appealing benefits along with important tax implications. Explore the differences between partnerships and other relationships, as well as the fundamentals of partnerships and LLCs.

In this session participants will explore key definitions and dissect relevant examples, and gain a practical understanding of multiple-member LLCs and partnerships that readily translates into real-world applications. After completing this session you will be able to:

* Recognize the differences between the various legal/tax entities (e.g., General Partnerships, Limited Partnerships, Limited Liability Companies) * Recognize the differences between partnerships and other relationships * Identifying the general principles followed when forming and electing out of a partnership as well as the anti-abuse rules * Recognize how to obtain a partnership interest in exchange for property and how to receive a partnership interest for services * Recognize how liabilities are treated within a Partnership (e.g., how liabilities affect a capital account, how they affect basis, allocating liabilities)

Intermediate2 to 3 years of Partnership Taxation

experience.None 02/22/21 12/31/21 QAS Self-Study

331 TaxesPartnerships: Understanding the New Audit Rules and the Implications of the Repeal of the Technical Termination Rules

2.0


* How the new partnership rules will affect current and new entities. * All partnerships, large and small, will have to make important elections and will have to live with those elections. * This course will help guide the preparer to help guide the client.


* Understand the new Audit rules for Partnerships * Recognize and understand Implications of the Repeal of the Technical Termination Rules



332 Taxes Planning for Foreign Operations 3.0


* Entering a Foreign Market * Subpart F Regime * Tax Reform Provisions Tied to Outbound Transactions * Foreign Tax Credit Rules * Filing Requirements for Outbound Transactions


* Understand issues relevant to entering a foreign market * Understand the Subpart F regime * Understand certain tax reform provisions tied to outbound transactions * Understand rules tied to the foreign tax credit * Understand filing requirements for foreign activities


333 Taxes Preparing Form 1040 for Tax Year 2020 3.5


* Filing Considerations * Income Inclusions and Exclusions * Adjusted Gross Income and Taxable Income * Standard Deduction and Itemized Deductions * Computing Credits and Total Tax


* Determine filing status * Understand income inclusions and exclusions * Calculate adjusted gross income and taxable income * Compare the standard deduction to itemized deductions * Compute credits and total tax


334 Taxes Preparing Form 1065 2.0


* Partnership taxation concepts, including formation, basis, flow-through of items, allocations, and distributions * Form 1065 filing requirements * Form 1065 preparation and reporting requirements, with emphasis on book-to-tax reconciliations * Maintaining and reporting capital account balances, and the new tax basis capital account reporting requirement * Income/loss, expense/deduction, and recourse and nonrecourse debt allocation requirements


* Understand the basic concepts of partnership taxation * Determine Form 1065, U.S. Return of Partnership Income, filing requirements * Understand how to reconcile income or loss per the book trial balance to Form 1065, and related schedules * Understand how to report trade or business income, rental income, and the partner's share of distributive items on Form 1065, and related schedules and forms * Identify the purpose of Schedule K-1 * Know how to maintain and report capital balances and how to report on a tax basis * Understand how to allocate income/loss, expense/deduction items, as well as recourse and nonrecourse debt to partners


335 Taxes Preparing Form 4797 - Sale of Business Property 1.5


* Transactions reported on Form 4797 * Types of property included on Form 4797 * Tour of Form 4797 * Best practices in completing Form 4797


* Recognize the purpose of Form 4797 * Identify the different types of transactions and property that are included on Form 4797 * Identify the reasons for the use of forms other than Form 4797 * Understand the process for correctly completingForm 4797 * Recognize best practices in filing Form 4797

Intermediate None 10/27/21 10/31/22 QAS Self-Study

336 TaxesPreparing New York Income Tax Returns for Businesses

2.0


* The New York economy and income tax structure. * Calculating New York taxable income using federal income and applicable state adjustments. * Calculating the New York state apportionment factor. * How to accurately prepare New York tax forms for both corporate and pass-through entities. * How to use New York state tax instructions to accurately prepare a business tax return. * The filing requirements for different entities and which forms to use when filing a business income tax return in New York.


* Understand New York state's economy and tax structure. * Understand how to calculate New York taxable income and taxes due. * Understand major New York state adjustments. * Understand how to calculate New York apportionment. * Understand the process for filling out New York tax return forms. * Identify which New York state tax forms are used for which business tax filings. * Understand how to tie out key numbers on a New York tax return. * Understand both corporate and pass-through tax return filings in New York. * Use New York state instructions effectively when preparing returns. * Understand due dates, extensions, tax payments, and efiling requirements.



337 Taxes Quarterly Estimates for Corporations 1.5


* Corporate estimated tax payment requirements * Methods available for computing estimated tax payments * Special issues which may arise for corporations making estimated tax payments


* Identify which corporations are required to make estimated tax payments * Explain when and how estimated tax payments should be made * Calculate installment payments using the annualized income installment method and the adjusted seasonal installment method * Determine when penalties apply and whether the opportunity to abate penalties exists * Identify when a quick refund opportunity exists


338 Taxes Recordkeeping for small businesses 2.0


* The importance of recordkeeping for small businesses * Key small business record and retention guidelines * Consequences of not keeping key records * Manual and software recordkeeping system considerations for small businesses * Small business recordkeeping systems and considerations * Best practices in recordkeeping setup and management


* Recognize the importance of recordkeeping for small businesses * Identify essential small business records and the corresponding retention requirements * Understand differences between the types of small business accounting systems * Identify the key considerations in choosing and maintaining small business recordkeeping systems * Design and maintain an effective recordkeeping system


339 Taxes Reviewing tax returns for accuracy and efficiency 1.0


* The job of the reviewer * Tools needed by the reviewer * Steps in the review * Specific procedures for the review * Finishing up the review * Signing the returns * Follow-up after filing


* Identify the roles of the reviewer in the tax return preparation process * Recognize the steps in the tax return review process * Apply best practices presented in the course to the review of tax returns


340 TaxesS corporations from A to Z—Getting ready to prepare the S corp return

2.0


* S corporation basics, including qualification and tax requirements * Form 1120-S, the S corporation annual tax return * Unique aspects of S corporation taxes (including separately stated items and deduction limitations) * Taxes applicable to an S corporation


* Define an S corporation, including unique tax treatment and obligations * Name the qualifications and process for becoming an S corporation * Identify the tax and filing obligations of an S corporation * Recognize limitations on deductions for an S corporation and separately stated items


341 Taxes Section 338 Elections: An Overview 1.0


* The basic transaction types in an M&A context * The section 338(g) election * The section 338(g) election in the context of a foreign acquisition * The section 338(h)(10) election * Section 336(e) elections, section 197, and other miscellaneous related concepts and considerations.


* Describe the various types of transactions for U.S. federal income tax purposes, and the purpose of section 338. * Identify the different types of section 338 elections and when they are available. * Identify the key components of comparing making a section 338 election vs. not making the election. * Understand how 338 elections work in the context of a foreign acquisition. * Identify other related considerations such as section 336(e) elections, section 197, etc.

Advanced None None 02/19/21 02/28/22 QAS Self-Study

342 Taxes Section 355 Spin-offs: An Overview 1.0


* Corporate divisions * The different types of corporate divisions * The U.S. federal income tax consequences of corporate divisions * The requirements for a corporate division to qualify as a Section 355 transaction.


* Describe the basics of corporate divisions for U.S. federal income tax purposes. * Describe the types of corporate divisions * Describe the tax consequences of a spin-off transaction that does and does not qualify under Section 355. * Discuss the requirement of qualification under Section 355.



343 Taxes Section 382: An Overview 1.5


* The history and underpinnings of section 382 * An overview of what constitutes an ownership change and the key variables for determining when one occurs * The base section 382 limitation, and the main adjustments to that base limitation * Net unrealized built-in gains and losses and recognized built-in gains and losses * Other areas of the tax code that limit the use of tax attributes


* Describe the purpose of section 382 * Define an ownership change and recognize the relevant considerations * Identify the key components of computing the base section 382 limitation * Understand how built-in gains and losses impact the section 382 limit * Identify other sections of the tax code that limit the use of tax attributes


344 Taxes Sources of income in retirement 2.0


* Reasons to save for retirement * Sources of income in retirement and how to withdraw * Basics of Social Security * Tax planning for retirement


* Understand reasons to save for retirement * Identify sources of income in retirement * Understand retirement tax planning strategies * Understand options for withdrawing from retirement accounts


345 Taxes Tackling Tax Depreciation Issues 2.0


* Cost recovery property and the application of an appropriate depreciation method * Various methods of cost recovery including MACRS, bonus depreciation, section 179, and straight-line * Special issues in depreciation such as listed property and frequent changes in tax law * Differences between book and tax depreciation methods and objectives and the relevance of such differences


* Identify depreciable property * Distinguish between depreciation, depletion, and amortization * Recognize the general rules on the computation and deductibility of depreciation * Identify the various types of depreciation methods and the appropriate use of each type * Identify differences between tax and book depreciation methods and uses


346 Taxes Tax Consequences of Changing Business Entities 1.5


* Starting a business and choices to be made when setting up the entity * Changing from a Schedule C business to a partnership * Converting a business from a partnership to a corporation * Changing from a C corporation to an S corporation (or from an S corporation to a C corporation) * TCJA considerations surrounding business entities


* Understand the process of starting a business in one form * Understand how, in general, to change from one form of entity to another * Identify the advantages and disadvantages of the various forms of business


347 Taxes Tax Fraud Due to Identity Theft 1.5


* Identity theft basics, including defining tax fraud due to identity theft, warning signs, and why a criminal may want to commit identity theft * Common tax fraud schemes to commit identity theft * Steps to take if you encounter identity theft, either an attempted theft or a theft of your or your client's information * Best practices for guarding against identity theft * Ways the IRS is working in the industry, with partners, and with taxpayers to minimize tax fraud due to identity theft and educate the public about the scams


* Define tax fraud due to identity theft * Recognize common ways tax fraud due to identity theft is committed * Recognize best practices for protecting personal information * Apply corrective actions for victims of tax fraud due to identity theft * Name IRS actions to protect taxpayers against tax fraud due to identity theft


348 TaxesTax implications for charities and charitable contributions

2.0


* Recognize the definitions of and qualifications for tax-exempt charities, public charities, and private foundations * Recognize how to qualify as a public charity and when to file for tax-exempt status * Recognize what qualifies as a charitable contribution for income tax purposes * Calculate the amount of a charitable contribution or charitable contribution recapture * Recognize reductions/limitations/carryover of charitable contributions


* The difference between public charities and private foundations * How to substantiate contributions * How to help ensure compliance for everything from collection plate contributions at church to complicated property donations


349 TaxesTax implications for members of the clergy and religious workers

2.0


* The history, purpose, and overview of clergy tax * The distinction between FICA and SECA for clergy * Income items for members of the clergy * Expense, deduction, and credit items for members of the clergy


* Identify the history, purpose, and common tax issues for clergy income tax * Define ministerial services for purposes of income and self-employment taxes * Apply rules to comply with employment tax laws for clergy * Identify income items and excluded income items for members of the clergy * Identify expense, deduction, and credit items for members of the clergy



350 Taxes Tax implications for the oil and gas industry 1.5


* Issues related to the major phases of oil and gas taxation, including asset acquisition, exploration and development, production, disposition of assets, and special issues.


* Name the major sectors and activities of the oil and gas industry. * Summarize the salient characteristics that impact the taxation of oil and gas. * Identify major taxation issues related to asset acquisition in the oil and gas industry, including economic interest, pool of capital, and various interests. * List the major issues related to oil and gas exploration, including geological and geophysical costs and intangible drilling and development costs. * Identify various issues related to oil and gas production, including sharing arrangements and depletion. * Recognize issues related to the disposition of interests in oil and gas taxation, including sales, nontaxable exchanges, and treatment of abandonment losses. * Identify selected other issues related to oil and gas taxation, including the special role of partnerships, alternative minimum tax, tax credits, and international issues.


351 Taxes Tax Implications of Divorce 2.0


* Filing statuses and dependency issues * Alimony, retirement benefit allocations and others * Applicable professional standards in divorce engagements


* Understand effects of Divorce on Finances * Recognize when payments are Alimony or something else * Understand child and dependent issues in divorce * Review professional standards in Divorce engagements


352 Taxes Tax planning strategies for individuals 2.0


* The importance of tax planning and related goals of tax planning * Basic tax planning strategies for individuals * Tax planning opportunities related to retirement, investments, and the effect of pass-through entities on individual tax planning strategies * Concepts related to gift and estate tax planning that can impact individuals


* Recognize the importance of tax planning * Identify basic tax planning strategies for individuals * Recognize different investment-related tax planning considerations * Understand tax planning as it relates to pass-through entities and how it impacts individuals * Identify concepts related to gift and estate tax planning


353 Taxes Tax planning strategies for individuals 2.0


* The importance of tax planning and related goals of tax planning * Basic tax planning strategies for individuals * Tax planning opportunities related to retirement, investments, and the effect of pass-through entities on individual tax planning strategies * Concepts related to gift and estate tax planning that can impact individuals


* Recognize the importance of tax planning * Identify basic tax planning strategies for individuals * Recognize different investment-related tax planning considerations * Understand tax planning as it relates to pass-through entities and how it impacts individuals * Identify concepts related to gift and estate tax planning


354 Taxes Tax Policy 3.0


* Progressive, regressive, and proportional tax systems * Three main standards of tax equity--vertical, horizontal, and transitional * Inverse relationship between tax efficiency and fairness in the tax system


* Identify different tax systems (e.g., progressive, regressive, proportional) * Define different standards of tax equity (e.g., vertical, horizontal, transitional) * Understand relationship between tax efficiency and fairness


355 Taxes Tax Policy 3.0


* Progressive, regressive, and proportional tax systems * Three main standards of tax equity--vertical, horizontal, and transitional * Inverse relationship between tax efficiency and fairness in the tax system


* Identify different tax systems (e.g., progressive, regressive, proportional) * Define different standards of tax equity (e.g., vertical, horizontal, transitional) * Understand relationship between tax efficiency and fairness



356 TaxesTaxation implications for controlled foreign corporations

2.0


* What it means to be a controlled foreign corporation (CFC) * Shareholder taxation in the CFC environment * CFC nuances of previously taxed income and compliance with tax laws


* Recognize when a U.S. shareholder is required to include income from a controlled foreign corporation in gross income for income tax purposes * Define and recognize the characteristics of a controlled foreign corporation * Recognize how a controlled foreign corporation's shareholders are taxed * Calculate Subpart F income * Define and recognize the characteristics of previously taxed income including calculating the amount currently taxable, basis adjustments, foreign tax credit, blocked income, and reporting

Advanced 5+ years of Corporate Tax experience None 04/26/21 04/30/22 QAS Self-Study

357 TaxesThe Building Blocks of Taxation: Interest and Debt Investments (Updated for Tax Cuts and Jobs Act 2017)

2.0


* The issues surrounding interest and debt instruments in taxation * The definitions, interpretations and appropriate practices that will ensure compliance with current regulations * Identify the characteristics of debt instruments and the respective tax treatment * Identify interest on foreign related transactions and its related tax treatment


* Define interest * Recognize the general rules on the inclusion and deductibility of interest * Identify the various types of interest and the respective tax treatment

Update None None 04/26/21 01/31/22 QAS Self-Study

358 TaxesThe Tax Cuts and Jobs Act and How to Benefit From It – Client Planning Opportunities

2.5


* In-depth coverage of new section 199A * Discussion of how the TCJA impacts choice-of-entity decisions * Discussion of tax savings opportunities resulting from the passing of the TCJA * Discussion of traps to avoid for individuals and businesses * Coverage of certain compliance matters


* Identify tax planning opportunities for individualsand businesses * Better understand the Tax Cuts and Jobs Act (TCJA)


359 Taxes Transfer Pricing: Friend and Foe 1.5

Transfer pricing offers very real tax benefits for organizations today, along with complexities that can lead to penalties when applied incorrectly. Learn what the term means, see how it relates to the U.S. tax code, and familiarize yourself with real-life examples that can ensure compliance.

Participants will explore relevant U.S. transfer pricing rules as well as OECD-specific guidelines as they develop a working familiarity with complex transfer pricing methods. After completing this session you will be able to:

* Define Transfer pricing and why organizations adopt it * Recognize U.S. Transfer pricing rules * Define Transfer pricing under Service Commissionaire, Commission Agent, and Stripped Buy-Sell scenarios * Name the required documentation to avoid potential penalties from the IRS * Define the OECD guidelines for Transfer pricing

Intermediate 2 to 3 years experience None 02/25/21 09/30/22 QAS Self-Study

360 Taxes Understanding federal excise taxes 1.5


* Various types of federal excise taxes * Required forms for reporting excise taxes and credits * Frequency and methods used to pay and report federal excise taxes * Consequences of nonpayment or failure to report excise taxes


* Recognize various federal excise taxes and credits * Recognize differences between various federal excise taxes and credits * Name forms required for reporting federal excise taxes and credits * Calculate various federal excise taxes and credits * Identify processes for paying taxes and applying claims, credits, or refunds * Identify penalties for noncompliance with federal excise tax regulations


361 Taxes Understanding Like-Kind Exchanges 2.0


* The requirements for a valid like-kind exchange * The basic mechanics of a like-kind exchange, including deferred forward and reverse exchanges * Qualifying property (including changes made by the Tax Cuts and Jobs Act) * The basis of acquired property * Depreciation methods for acquired property * Other issues (related party, when to do a Section 1031 exchange and when not to, reverse exchanges, etc.)


* Identify the requirements for a valid like-kind exchange * Understand the basic mechanics of a like-kind exchange, including deferred exchanges * Evaluate qualifying property (including changes made by the Tax Cuts and Jobs Act) * Determine the basis of acquired property * Assess depreciation methods for acquired property * Identify other issues (related party, when to do a Section 1031 exchange and when not to, reverse exchanges, etc.)



362 Taxes Understanding tax-favored health plans 1.0


* The different types of tax-favored health plans * The operational requirements for each of the tax-favored health plans * The qualification requirements for each of the tax-favored health plans * The annual compliance requirements for each of the tax-favored health plans * Recent legislative changes to Health Reimbursement Accounts and their application


* Define each health cost savings program * Identify qualifications for each health cost savings program * Recognize the operational requirements of each health cost savings program * Calculate the tax benefits associated with each health cost savings program * Name the annual compliance requirements for each program * Understand recent legislative changes to Health Reimbursement Accounts and their effects


363 Taxes Understanding the excess business loss limitation 2.0


* The excess business loss limitation enacted by the 2017 Tax Cuts and Jobs Act (TCJA) and to whom it applies * How the excess business loss interacts with other loss limitation provisions * How the 2020 Coronavirus Aid, Relief, and Economic Security Act (CARES Act) impacts the excess business loss rules * How to calculate the business loss using Form 461


* Recognize to whom the excess business loss limitation applies * Identify how the limitation interacts with other loss limitation provisions, such as basis, at-risk amount, and passive activities * Calculate the business loss on Form 461 * Determine how to handle any excess business loss


364 TaxesUnderstanding the Foreign Tax Credit Rules and Calculations

3.0


* Taxing Jurisdiction and Tax Systems * Source Rules for Income and Deductions * Foreign Tax Credit Calculation and Limitation * Special Rules for the Foreign Tax Credit * Filing Requirements for the Foreign Tax Credit


* Understand taxing jurisdiction and tax systems * Understand the source rules for income and deductions * Understand the foreign tax credit calculation and limitations * Understand special rules tied to the foreign tax credit * Understand filing requirements for the foreign tax credit


365 Taxes Utilizing Enrolled Agents in Your Firm 1.0


* Requirements, licensing, and process to obtain the Enrolled Agent designation * Examples of work an enrolled agent may do within a firm setting


* Identify qualifications, training, and licensing requirements for the Enrolled Agent credential * Recognize the scope of services an enrolled agent may provide * Recognize ethical standards required of someone with the Enrolled Agent credential * Apply strategic planning efforts to utilize enrolled agents in a firm setting


366 TaxesWhat Every Tax Practitioner Needs to Know about Section 529 Plans

2.0


* Section 529 Plans * Eligibility * Qualified Expenses * State Requirements * Tax Implications * Updated Tax Law Changes


* Define a Section 529 Plan * Determine Rules for Eligibility * Understand What Expenses Qualify * Understand Different State Requirements * Determine Tax Implications * Basic Understanding of New Tax Law Effects on 529 Plans


367 Taxes Worthless Stock Losses: An Overview 1.5


* Deducting losses: The general rules * Worthless securities * Worthlessness – a deeper dive * Identifiable event upon entity conversion * Claiming a worthless stock loss upon dissolution * Ordinary deductions – the gross receipts test * Treatment of intercompany debt * Other considerations * Filing and record keeping requirements


* Understand the basic US federal income tax rules for deducting losses * Understand what constitutes a worthless security * Recognize the requirements for claiming an ordinary deduction under Section 165 * Recognize the ancillary considerations that arise in the context of worthless stock losses



368 Taxes Your go-to guide to S Corporations 2.0


* S corporations and the pros and cons of this entity type as compared to other choices (such as LLC’s) * How to qualify as an S corporation * How to make the S election * Other special issues


* Define an S corporation and the principal difference between an S corporation, a C corporation, and LLCs. * Identify the requirements to qualify as an S corporation—e.g., shareholder limits, capitalization, and disproportionate distributions. * Define the requirements to properly make the election to become an S corporation—e.g., calendar year elections, fiscal year corporations, and late elections and consents. * Identify special issues that need to be taken into consideration during the qualification process—e.g., trust as shareholders, tax-exempt shareholders, and state tax issues.

Intermediate 2 to 4 years of corporate tax experience None 10/23/20 09/30/22 QAS Self-Study

Documents

Becker 90-Day Courses: Course Listing Updated on: 9/29/2021