Seminar

CPA FIRM SUPPORT SERVICES
STAFF TRAINING FOR NEW IN-CHARGE ACCOUNTANTS

SYLLABUS

SEMINAR OBJECTIVES
To enable participants to plan and perform quality compilation, review and auditing engagements with a primary emphasis on efficiency. To stimulate participants' thinking to revise engagement approaches and documentation to meet the evolving standards of quality control and, at the same time, substantially increase engagement profits.

ABOUT THE SEMINAR
This seminar is designed to emphasize participant's principal practice needs at the in-charge staff level. A "hands-on" approach to learning will allow small groups to research and learn seminar subjects, decide how to apply them in carrying out their engagement responsibilities and design presentations to share their findings with other participants. Participants will use their firm's accounting and auditing manuals to research and apply the principles of learning in the classroom.

SUBJECTS

• Using client acceptance and retention evaluations to improve quality and profits
• Understanding engagement objectives, risk assessment and types of tests
• Selecting the most cost-beneficial audit approach
• Performing and documenting risk assessment procedures
• Becoming engagement management professionals
• Reducing time charges without decreasing quality
• Understanding “paperless” auditing concepts
• Controlling and managing the working paper review process
• Approaching the planning phase of compilation, review and audit engagements
• Understanding risk evaluation for audits, reviews and compilations
• Understanding the client's business, industry and internal control structure
• Performing, planning and documenting compilation and review engagements

PREREQUISITES
This seminar is designed for staff personnel that are beginning to function as in-charge on small audits, review and compilation engagements. One year of CPA firm experience will be beneficial.

PRESENTATION
Three days. Small groups identify most important subjects. Groups research subjects, consult with discussion leader and make presentations. Guided discussions and case studies will also be used.