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Direct Engagements 2 Credits

Jun 21, 2022, 03:00 PM ET

Direct Engagements 2 Credits

  • Rating

    4.1

  • Published on

    December, 1969

  • Subject Area

    Auditing

Learning mode

Live Webinar
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  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
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Jun 21, 2022, 03:00 PM ET

Learning Objective

  • To discuss the latest information regarding financial statement presentation of direct engagements in the financial statements of Canadian organizations.
  • To review the overall guidance on direct engagements in the financial statements of Canadian organizations.
  • To apply presentation rules and exceptions.
  • To discuss the recognition, measurement, and presentation constraints.
  • To look at disclosure and presentation requirements.
  • To write the appropriate Notes.
  • To explain the unique disclosure and presentation requirements of presenting direct engagements in the financial statements of Canadian organizations.

Course Overview

This CPD course is specific for Canadian Audience only.

This CPD webinar describes the concepts underlying the application of Auditing Standards for Canadian Organizations in presenting general-purpose financial statements for Canadian organizations.

Financial statements for Canadian organizations are designed to meet the common information needs of external users of financial information about a Canadian organization. This CPD webinar describes the standard for direct engagements by Canadian organizations and the specific rules used for financial statement presentations.

This CPD course is a resource that will help preparers of financial statements and accounting and auditing practitioners in exercising their professional judgment as to the implementation of presentation rules for direct engagements in the financial statements of Canadian organizations.

Major topics covered in this CPD course:

  • Basic concepts, scope, and applicability of direct engagements and financial statement presentation for Canadian organizations.
  • Planning the approach: direct engagements in the financial statements of Canadian organizations. policies and decision criteria.
  • Sizing up the impacts of direct engagements in the financial statements of Canadian organizations: questions you need to ask.
  • Specific rules and unique provisions for presenting direct engagements in the financial statements of Canadian organizations.
  • Recognition criteria.
  • Disclosure and presentation requirements.
  • Notes to financial statements.

In this CPD Auditing webinar, speaker Mike Morley outlines an easy-to-understand step-by-step procedure for presenting direct engagements in the financial statements of Canadian organizations and what needs to be carefully considered.


Here is the link to your interests: Accounting & Auditing CPE Courses I CPD Webinars for Canada CPAs

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Auditing for CPA in Canada 2 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 2 CPE Eligible
Accounting & Auditing for Certified Management Accountants (CMA) 2 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 2 CPE Eligible
Internal Audit Practitioner (IAP) 2 CPE Eligible
Certified Wealth Strategist (CWS) 2 CE Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 2 CE Eligible
Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible
License details Credits Status
Auditing for CPA in Canada 2 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 2 CPE Eligible
Accounting & Auditing for Certified Management Accountants (CMA) 2 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 2 CPE Eligible
Internal Audit Practitioner (IAP) 2 CPE Eligible
Certified Wealth Strategist (CWS) 2 CE Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 2 CE Eligible
Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

About Instructor

Elevate Your Career with Michel Morley's CPE Courses at myCPE

Michel Morley

Founder, Mike Morley

  • 4.2
  • rating
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Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.

An entertaining and informative speaker and trainer, Mike is the author of:

“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.

“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.

“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.

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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.

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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

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JB

Jed Blancaflor, CPA in Canada

4

Working for a non-profit organization, we sometimes get direct engagements relating to compliance with our funding agreements. This presentation will be useful un understanding what those engagements will involve.

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