myCPE
myCPE

Auditing for Waste 2 Credits

Mar 27, 2024, 10:00 AM ET

Auditing for Waste 2 Credits

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Mar 27, 2024, 10:00 AM ET

Learning Objective

  • To identify the requirements for considering waste in an audit plan.
  • To determine audit procedures for waste in a government entity.
  • To identify basic audit techniques for waste in a government entity.
  • To characterize and quantify waste streams. 
  • To analyze risks and procedures for detecting waste in government entities

Course Overview

Waste is the act of using or expending resources carelessly, extravagantly, or for no purpose. Importantly, waste can include activities that do not include abuse and do not necessarily involve a violation of the law. Rather, waste relates primarily to mismanagement, inappropriate actions, and inadequate oversight.

Government auditing standards require auditors to consider the possibility of waste in a government entity when conducting a government audit. This must be considered in all phases of the audit, including planning and testing.

Because the determination of waste is subjective, auditors are not required to perform specific procedures to detect waste in examinations. However, auditors may consider whether and how to communicate such matters if they become aware of them.

Auditors may also discover that waste is indicative of fraud or noncompliance with provisions of laws, regulations, contracts, and grant agreements.

This online CPE course is designed to familiarize the attendees with risks and procedures for detecting waste in government entities.

Major topics covered in this Online Continuing Government Auditing Education Webinar are:

  • Requirements for considering waste in an audit plan.
  • Audit procedures for waste in a government entity.
  • Risks and procedures for detecting waste in government entities.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Auditing (Govt.) for Certified Public Accountants (CPA-US) 2 CPE Approved
Accounting & Auditing (Govt.) for Certified Internal Auditors (CIA) 2 CPE Eligible
Auditing (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Financial Manager (CGFM) 2 CPE Eligible
Accounting & Auditing (Govt.) for Internal Audit Practitioner (IAP) 2 CPE Eligible
Accounting & Auditing (Govt.) for Certification in Risk Management Assurance (CRMA) 2 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 2 CPE Eligible
Yellow Book Professionals 2 CPE Eligible
Accounting & Auditing (Govt.) for Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible
Auditing (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Auditing (Govt.) for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 2 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Auditing Professional (CGAP) 2 CPE Eligible
License details Credits Status
Auditing (Govt.) for Certified Public Accountants (CPA-US) 2 CPE Approved
Accounting & Auditing (Govt.) for Certified Internal Auditors (CIA) 2 CPE Eligible
Auditing (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Financial Manager (CGFM) 2 CPE Eligible
Accounting & Auditing (Govt.) for Internal Audit Practitioner (IAP) 2 CPE Eligible
Accounting & Auditing (Govt.) for Certification in Risk Management Assurance (CRMA) 2 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 2 CPE Eligible
Accounting & Auditing (Govt.) for Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible
Auditing (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Auditing (Govt.) for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 2 CPE Eligible
Accounting & Auditing (Govt.) for Certified Government Auditing Professional (CGAP) 2 CPE Eligible

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

Explore your career with MY-CPE online CPE Courses for CIA Professionals. Earn valuable CIA CPE credits while expanding your skills and knowledge from anywhere, anytime. Our courses cover a wide range of topics relevant to your field, ensuring you stay up-to-date with the latest developments. With flexible scheduling and expert-led content, MY-CPE provides a convenient and effective learning experience tailored to your needs. Join us today and take advantage of our comprehensive resources to propel your career forward. Let MY-CPE be your trusted partner in achieving your professional goals.

About Instructor

Dr. Robert Minniti - Expert Speaker on Accounting and Fraud
Dr. Robert Minniti , CPA (US)

President, Minniti CPA LLC

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

Dr. Minniti is the President and Owner of Minniti CPA, LLC. Dr. Minniti is a Certified Public Accountant, Certified Forensic Accountant, Certified Fraud Examiner, Certified Valuation Analyst, Certified in Financial Forensics, Master Analyst in Financial Forensics, Chartered Global Management Accountant, and is a licensed private investigator in the state of Arizona. Dr. Minniti received his doctoral degree in business administration from Walden University, received his MBA degree and Graduate Certificate in Accounting from DeVry University’s Keller Graduate School of Management, and received his Bachelor of Science in Business Administration degree from the University of Phoenix. Dr. Minniti taught graduate and undergraduate courses in forensic accounting at DeVry University, Grand Canyon University, Kaplan University, Northwestern University, and the University of Phoenix.

He designed graduate and undergraduate courses for Grand Canyon University, Northwestern University, and Anthem College. He is a writer and public speaker. He has experience in forensic accounting, fraud examinations, financial audits, internal audits, compliance audits, real estate valuations, business valuations, internal control development, business continuation planning, risk management, financial forecasting, and Sarbanes-Oxley compliance work. Dr. Minniti is an instructor teaching continuing professional education classes for the American Institute of Certified Public Accountants, Compliance Online, CPE Link/CCH . AccountingEd, Global Compliance Panel, Clear Law Institute, CPE Solutions, Canopy CPE, The Institute of Management Accountants, the National Association of Valuators and Analysts, the Association of Certified Fraud Examiners, the Institute of Internal Auditors, and various state CPA Societies.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent

Very Good

Average

Poor

Terrible

SG

Sourabh Gupta, Auditor
5

Training material was fabulous and also provide great understanding of Fraud and also the level of final quiz is ample difficult and covers question from each topic of training material.

WDGI

William D Griffith Iii, CPA (US)
5

Very interesting cases caught by auditors. Don't do audits anymore, but interesting how changes are being instituted by computer usage.

Recommended Courses

What’s New with GASB 102?

Jan 23, 10:00 AM ET

  • CGAP
  • CGFM
  • CIA
  • CPA (US)
  • IAP
  • QIAL
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Fraudsters Beware: The Ultimate Guide to Public Sector Defense

Jan 23, 02:00 PM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGAP
  • CGFM
  • CIA
  • CPA (US)
  • IAP
  • QIAL
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Fraud Trends – Applying Real-life Lessons to Small- and Mid-Size Entities

Jan 24, 03:00 PM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CGMA
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Auditing PP&E, Including Leases under Topic 842

Jan 27, 12:30 PM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGAP
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • IAP
  • QIAL
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Auditing Accounts Receivable –Existence and Valuation

Jan 28, 12:30 PM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGAP
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • IAP
  • QIAL
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Financial Statement and Audit Requirements

Jan 29, 12:30 PM ET

  • CGAP
  • CGFM
  • CIA
  • CPA (US)
  • IAP
  • QIAL
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Get Started with Unlimited Learning

Select your plan, complete your payment, and access a world of knowledge.

Subscription Inclusions Silver Gold
13,000+ Hrs of CPE approved Content
tooltip

Largest content library covering all aspects of professional development.

500+ Emerging Subject Areas
tooltip

Wide range of subject areas tailored to meet diverse learning needs of all the department of the firm.

50+ State- Specific Ethics Courses
tooltip

Stay compliant with ethics requirements for every state.

50+ State Compliance Packages
tooltip

Pre-selected courses for quick compliance, saving time and effort.

100+ Advanced Certification Programs
tooltip

Expert-led programs to build advanced expertise and strengthen your career credentials.

AICPA Eligibility Programs (CFF, ABV, PFS)
tooltip

Pre-Packaged Eligibility Courses for AICPA designations such as PFS, ABV, and CFF, offering CPE credits upon completion.

Compliance Tracker and Credit Vault
tooltip

Store all your certificates in one place, stay compliance-ready with ease, and track your progress effortlessly using the built-in credit tracker.

Instant Certification and Fast Reporting
tooltip

Instant reporting to IRS, CFP Board, and other governing bodies.

Mobile App Access (iOS and Android)
Access to Communities
tooltip

Join communities tailored to your specific interests and areas of expertise.

Select Tenure

Start Your Subscription 

Start your journey towards learning and compliance.

$299$199 For 12 Months

Start Your Subscription

$299$199/year

Secure unlimited access

Click Here

More Reasons to Subscribe

  • true true
    80% of Content Rated 4.5+ Stars
    High-quality content rated by professionals.
  • true true
    4X More Content at 1/3rd the Price
    Serious value compared to your regular provider!
  • true true
    Non-Sponsored Content
    Purely educational, unbiased content for your learning.
  • true true
    Monthly & Quarterly Updates
    Keeping you ahead of trends and changes.
  • true true
    Podcasts with Industry Leaders
    Learn and Earn CPE from experts on the go.
Subscribed
Sarah purchased a subscription.
Subscribed
Baylee purchased a subscription.
Subscribed
Marieann Yvonne purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Lori purchased a subscription.
Subscribed
Tomasz purchased a subscription.
Subscribed
Christina purchased a subscription.
Subscribed
MARTIN purchased a subscription.
Subscribed
Ryan purchased a subscription.
Subscribed
Tonya purchased a subscription.
Subscribed
jacqueline purchased a subscription.
Subscribed
Susan purchased a subscription.
Subscribed
hetal purchased a subscription.
Subscribed
Jim purchased a subscription.
Subscribed
Lindsay purchased a subscription.
Subscribed
Arpit purchased a subscription.
Subscribed
Christopher purchased a subscription.
Subscribed
Christy purchased a subscription.
Subscribed
Sreenath purchased a subscription.
Subscribed
Elizabeth purchased a subscription.
Subscribed
Deborah purchased a subscription.
Subscribed
Nicolas purchased a subscription.
Subscribed
Betsy purchased a subscription.
Subscribed
WINSTON purchased a subscription.
Subscribed
Christopher purchased a subscription.
Subscribed
FELIX purchased a subscription.
Subscribed
Francisco purchased a subscription.
Subscribed
Amanda purchased a subscription.
Subscribed
Judy purchased a subscription.
Subscribed
Tom purchased a subscription.
Subscribed
Colby purchased a subscription.
Subscribed
Melanie purchased a subscription.
Subscribed
Diane purchased a subscription.
Subscribed
JOSE purchased a subscription.
Subscribed
Michelle purchased a subscription.
Subscribed
Linda purchased a subscription.
Subscribed
Carrie purchased a subscription.
Subscribed
Veronica purchased a subscription.
Subscribed
Arleen purchased a subscription.
Subscribed
Rebecca purchased a subscription.
Subscribed
Dianne M purchased a subscription.
Subscribed
Andrea purchased a subscription.
Subscribed
JEYASEELAN purchased a subscription.
Subscribed
gerald purchased a subscription.
Subscribed
George purchased a subscription.
Subscribed
Kristina purchased a subscription.
Subscribed
Steve purchased a subscription.
Subscribed
Jannette purchased a subscription.
Subscribed
Martin purchased a subscription.
Subscribed
Caitlin purchased a subscription.
Subscribed
Rachel purchased a subscription.
Subscribed
Annalie purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Sean purchased a subscription.
Subscribed
Baher purchased a subscription.
Subscribed
Carrie purchased a subscription.
Subscribed
Eugene purchased a subscription.
Subscribed
Scott purchased a subscription.
Subscribed
Shawn purchased a subscription.
Subscribed
Lynn purchased a subscription.
Subscribed
Tiffany purchased a subscription.
Subscribed
Daniele purchased a subscription.
Subscribed
Lori purchased a subscription.
Subscribed
Alexa purchased a subscription.
Subscribed
Thomas purchased a subscription.
Subscribed
Nagesh purchased a subscription.
Subscribed
Sophia purchased a subscription.
Subscribed
June purchased a subscription.
Subscribed
Omar purchased a subscription.
Subscribed
Christina purchased a subscription.
Subscribed
Florah purchased a subscription.
Subscribed
Ramona purchased a subscription.
Subscribed
JEREMY purchased a subscription.
Subscribed
Carl purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Terra purchased a subscription.
Subscribed
Joe purchased a subscription.
Subscribed
Tina purchased a subscription.
Subscribed
Danielle purchased a subscription.
Subscribed
Reem purchased a subscription.
Subscribed
Ying L purchased a subscription.
Subscribed
James purchased a subscription.
Subscribed
Krutali purchased a subscription.
Subscribed
Nathaniel purchased a subscription.
Subscribed
Edgar purchased a subscription.
Subscribed
Denya purchased a subscription.
Subscribed
Patrick purchased a subscription.
Subscribed
Steven purchased a subscription.
Subscribed
Nathan purchased a subscription.
Subscribed
Amy purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
Alan purchased a subscription.
Subscribed
Priscilla purchased a subscription.
Subscribed
Joseph purchased a subscription.
Subscribed
NILDA purchased a subscription.
Subscribed
Pauline purchased a subscription.
Subscribed
Amanda purchased a subscription.
Subscribed
Nicole purchased a subscription.
Subscribed
Alyssa purchased a subscription.
Subscribed
Michael purchased a subscription.