Using Nonstastical Sampling for Efficient Audits -Consolidation [Shuffle]

Aug 21, 2014
Time: 12:30 - 4pm

Subject:

Audit & Accounting

Credit Hours:

4.00

Price:

Member: $150.00
Non-member: $225.00

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Discussion Leader:

Gregory M. Clark, CPA    more info

Gregory M. Clark, CPA, CGMA, is a Principal with the Business Compliance & Controls Group (BCCG), an accounting and consulting firm specializing in technical audit and accounting training and consulting, employee benefit plan audits, compliance and training, internal controls consulting and training, and assessments, technical accounting consulting, and engagement quality control review services.

With more than 39 years of experience in the financial statement assurance and business compliance field, Greg has participated in all aspects of numerous attest engagements, including plan audit and business risk assessments, plan internal control assessment and design, plan regulatory compliance, financial reporting and quality control assessments, and administration contract compliance.  BCCG provides technical accounting and auditing consulting services, continuing professional education services, quality control and effectiveness reviews, and compliance assistance to small businesses and CPA firms performing attest engagements. 

Greg is a nationally known speaker on employee benefit plans, technical accounting and auditing, operational auditing and internal controls evaluations, integrated auditing, organizational risk assessments, and various other topics. In 2019, he received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Greg currently serves on the AICPA EBP Expert Panel, the AICPA Employee Benefit Plan Conference Program, the Georgia CPA Society Southeastern Accounting Show Task Force, and the Georgia Employee Benefit Plan Conference Committee. Greg has worked with accountants and auditors from throughout the world; many Fortune 500 companies; and numerous local, regional, and national CPA firms and small business clients as well as more than 46 state CPA society CPE organizations.

 

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Website registration for this course closes on August 20, 2014. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Using Non statistical Sampling For Efficient Audits (2 hrs)

August 21, 2014
Afternoon Session: 12:30 pm to 4:00 pm
AKCPA Conference Room
Anchorage, AK

Many auditors do little sampling in their audits because of the misconception that sampling must be statistical. This program illustrates the guidance in the current AICPA Audit Sampling Guide relating to non statistical sampling applications designed to improve audit engagement efficiency.

Major Topics:
Requirements under the risk assessment standards Planning non statistical procedures Sampling when
testing controls and when performing substantive tests Sampling techniques Determining sample sizes
Use of probability proportional to size sampling Sampling error evaluation problems

Learning Objectives:
Participants will be able to select, perform, and evaluate samples

Designed For: Those in public practice


Consolidation of Variable Interest Entities Revisited (2 hrs)

This program will provide you with the most up-to-date revised guidance issued based in ASC 810, Consolidation

Major Topics:
Determining when an entity is a variable interest entity Determining if a primary beneficiary exists New reconsideration events Expanded disclosures for private and public companies

Learning Objectives:
Participants will be able to determine if and how to consolidate variable interest entities and to prepare the appropriate disclosures related to consolidating VIEs

Designed For: Those in public practice and industry

CPE Credits: 4

Discussion Leader: Greg Clark, CPA