AuditWatch has teamed up with LearnLive Technologies to broadcast a series
of Webcasts. AuditWatch Webcasts are recorded 50 to 75 minute broadcasts
over the internet that provide useful information on a variety of topics
in auditing and accounting. These broadcasts offer up to one and a half
CPE credit hours, if viewed in a moderated session. You also have the option
of viewing an archive of the Webcast without receiving CPE credit. No prerequisites
or advance preparation is required, unless otherwise indicated.
In 2008, AuditWatch expects to provide a selection of over 10 or more
auditing and accounting topics. These Webcasts are open for enrollment
to individuals and firms.
Option. Firm Website University (one-time fee): $750
| Topics |
 AuditWatch University Level 1: Basic
Staff Training Refresher
75 Minutes | All Levels of Experience
| 1.5 CPE Credit Hours | Basic |
| This Webcast is
designed to provide auditors with a review of topics and key learning
points from the AWU Level 1: Basic Staff Training. For recent participants
of the AWU Level 1 class, it will provide a review of the key learning
points. For more experienced auditors, it will serve as a refresher
of what they have learned in the past. This Webcast is also valuable
for seniors, managers and partners who want to know what topics have
been presented to their staff so they can supplement and support
the learning in the workplace. |
AuditWatch University Level 2: Experienced
Staff Training Refresher
75 Minutes | All Levels of Experience
| 1.5 CPE Credit Hours | Intermediate |
| This
Webcast is designed to provide auditors with a review of topics and
key learning points from the AWU Level 2: Experienced Staff Training.
For recent participants of the AWU Level 2 class, it will provide
a review of the key learning points. For more experienced auditors,
it will serve as a refresher of what they have learned in the past.
This Webcast is also valuable for seniors, managers and partners
who want to know what topics have been presented to their staff so
they can supplement and support the learning in the workplace. |
AuditWatch University Level 3: Beginning
In-Charge Training Refresher
75 Minutes | All Levels of Experience
| 1.5 CPE Credit Hours | Intermediate |
| This Webcast is designed to provide auditors
with a review of topics and key learning points from the AWU Level
3: Beginning In-Charge Training. For recent participants of the AWU
Level 3 class, it will provide a review of the key learning points.
For more experienced auditors, it will serve as a refresher of what
they have learned in the past. This webcast is also valuable for managers
and partners who want to know what topics have been presented to their
in-charges so they can supplement and support the learning in the workplace. |
AuditWatch University Level 4: Experienced
In-Charge Training Refresher
75 Minutes | All Levels of Experience
| 1.5 CPE Credit Hours | Intermediate |
| This Webcast is designed to
provide auditors with a review of topics and key learning points from
the AWU Level 3: Experienced In-Charge Training. For recent participants
of the AWU Level 4 class, it will provide a review of the key learning
points. For more experienced auditors, it will serve as a refresher
of what they have learned in the past. This Webcast is also valuable
for managers and partners who want to know what topics have been presented
to their in-charges so they can supplement and support the learning
in the workplace. |
Auditing Contract Revenues, Job Costs,
and Estimates to Complete in the Construction Industry
75 Minutes | All Levels of Experience
| 1 CPE Credit Hours | Overview |
| This Webcast is designed to provide auditors
of construction contractors with the concepts and methodologies relating
to auditing contracts. The Webcast discusses the selection of contracts
to audit and how to effectively and efficiently audit that contract's
revenues, costs incurred-to-date, and estimated costs to complete.
It will compare and contrast two common strategies of auditing contracts—a
controls approach versus a substantive approach. |
Auditing Revenues and
Expenses—Avoiding Common Deficiencies
50 Minutes | For Seniors to Partners
| 1 CPE Credit Hours | Overview |
| This Webcast is designed to
provide auditors responsible for designing audit procedures with the
concepts and methodologies related to auditing revenues and expenses.
Recent feedback from standard setters suggests that the income statement
is being underaudited. This Webcast will discuss audit issues related
to revenues and expenses including revenue recognition, SAS 99 fraud
risks, substantive analytical procedures, and common audit deficiencies.
It will also explain audit methodologies and best practices for auditing
income statement accounts when “beating up the balance sheet” just
is not enough. |
Internal Controls: Designing Tests of
Controls
50 Minutes | All Levels of Experience
| 1.5 CPE Credit Hours | Overview |
| This Webcast is designed to provide auditors
with strategies to effectively and efficiently utilize tests of controls
on audits. It will discuss when to test controls and the methods used
to test controls. It will also explain how relying on the operating
effectiveness of controls can reduce overall time on an audit. |
Internal Controls:
Understanding The Auditor's Responsibility
75 Minutes | All Levels of Experience
| 1.5 CPE Credit Hours | Overview |
| This Webcast is designed to
provide insight to auditors about their responsibility related to internal
controls. It will explain how to comply with the technical standards
related to entity-level and activity level controls. It will also describe
best practices and efficiency ideas related to your audit work of internal
controls. |
Implications for Auditors of Private
Companies from PCAOB's Inspections
50 Minutes | All Levels of Experience
| 1 CPE Credit Hours | Overview |
| This Webcast is designed to provide auditors
with a summary of the Report of the PCAOB's 2004, 2005, and 2006
Inspections of Domestic Triennially Inspected Firms. The Webcast will
discuss the areas of the audit where PCAOB inspectors have observed
frequent or significant deficiencies in their first inspections of
triennial firms. It will explain how PCAOB's comments apply to
audits of non-public companies and offers AuditWatch insights on avoiding
these deficiencies. |
Accounting and Auditing Issues in Times of Economic Turbulence
50 Minutes | All Levels of Experience
| 1 CPE Credit Hours | Overview |
| This webcast is designed to enable public accounting professionals to respond to client inquiries regarding how the turmoil in the economy and U.S. financial markets could affect them. The discussion places strong emphasis on prudent risk management and monitoring practices in client enterprises and features a simulated dialogue between a nervous client and his trusted accountant. |
Compilation and Review Developments
50 Minutes | All Levels of Experience
| 1 CPE Credit Hours | Update |
This webcast is designed to provide an update on three recently issued Statements on Standards for Accounting and Review Services (SSARS). Coverage includes a variety of topics including new and revised definitions used in the SSARS standards, consideration of a client’s ability to continue as a going concern, emphasizing a matter in compilation and review reports, dating of representation letters on review engagements, and reporting on supplementary information.
|
Implementing FIN 48
50 Minutes | All Levels of Experience
| 1 CPE Credit Hours | Overview |
| This webcast is designed to provide parties involved in financial reporting with a basic understanding of the provisions of FIN 48, Accounting for Uncertainty in Income Taxes. The webcast provides insight into why many companies have devoted substantial time and resources in planning for implementation of the new standard and why time is running out for private companies to prepare for implementation. Available on-demand only. |
| |
| Topic |
Dates |
Time |
| AuditWatch University Level 1: Basic Staff Training
Refresher |
10/21/08 |
1:30 PM Eastern |
| AuditWatch University Level 2: Experienced Staff Training Refresher |
10/22/08 |
1:30 PM Eastern |
| AuditWatch University Level 3: Beginning In-Charge
Training Refresher |
10/23/08 |
1:30 PM Eastern |
| AuditWatch University Level 4: Experienced In-Charge Training Refresher |
10/24/08 |
1:30 PM Eastern |
| Internal Controls: Understanding The Auditor's
Responsibility |
10/24/08 |
1:30 PM Eastern |
| Internal Controls: Designing Tests of Controls |
11/6/08 |
11:00 AM Eastern |
| Auditing Revenues and Expenses—Avoiding Common
Deficiencies |
11/6/08 |
1:30 PM Eastern |
| Implications for Auditors of Private Companies of the PCAOB's
Inspections |
8/22/08
9/12/08
10/3/08
10/24/08 |
1:30 PM Eastern
1:30 PM Eastern
1:30 PM Eastern
1:30 PM Eastern |
| Auditing Contract Revenue, Job Costs, and Estimates
to Complete in the Construction Industry |
10/24/08 |
1:30 PM Eastern |
| Accounting and Auditing Issues in Times of Economic Turbulence |
9/19/08
11/3/08 |
11:30 AM Eastern
1:30 PM Eastern |
| Compilation and Review Developments |
9/19/08
11/3/08
|
1:30 PM Eastern
11:30 AM Eastern |
