myCPE
myCPE

Facing an Audit and understanding the Best Practices 1.5 Credits

Jan 16, 2025, 12:30 PM ET

Facing an Audit and understanding the Best Practices 1.5 Credits

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  • Access the course at your convenience
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  • Answer the polling questions
  • Get your certificate
Jan 16, 2025, 12:30 PM ET

Learning Objective

  • Identify common triggers that lead to audits and steps to minimize the likelihood of being audited.
  • Review the audit process, including key stages and timelines.
  • Prepare and organize documentation effectively to ensure compliance and streamline the audit process.
  • Respond confidently and professionally to auditors’ requests and inquiries.
  • Develop strategies for resolving audit findings and implementing corrective actions to prevent future issues.
  • Leverage audit insights to improve organizational processes and financial practices.

Course Overview

Worried about an audit? Whether you're facing a tax audit or an internal compliance review, the fear and confusion can be overwhelming. This course is designed to help you navigate the audit process with confidence. Ready to take control and turn audits into manageable situations?

In this course, we offer practical, real-world strategies for managing audits. You’ll discover the common triggers that lead to audits, learn how to prepare your documentation to avoid surprises, and gain tips for responding professionally to auditors’ inquiries. Throughout, you’ll develop the skills to proactively address audit findings and prevent future issues. You’ll walk away with the tools to manage audits confidently and use audit insights to improve your business operations and financial practices.

Major Topics Covered: 

  • Audit Triggers and Prevention
  • Effective Documentation Organization
  • Responding to Audit Inquiries
  • Corrective Actions and Resolutions
  • Leveraging Audit Insights

Join this course, it is ideal for professionals seeking to manage audits effectively while enhancing their understanding of compliance and risk management.

For more CPE Audit courses, Click here.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1.5 CPE Approved
Auditing for CPA in Canada 1.5 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 1.5 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1.5 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1.5 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 1.5 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 1.5 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 1.5 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 1.5 CPD Eligible
Chartered Accountant - ICAEW 1.5 CPD Eligible
Auditing for Certification in Risk Management Assurance (CRMA) 1.5 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 1.5 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1.5 CPD Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1.5 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1.5 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 1.5 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 1.5 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 1.5 CPE Eligible
Chartered Accountants - Ireland (CAI) 1.5 CPD Eligible
Chartered Accountants - Scotland 1.5 CPD Eligible
CPA - Ireland 1.5 CPD Eligible
License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1.5 CPE Approved
Auditing for CPA in Canada 1.5 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 1.5 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1.5 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1.5 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 1.5 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 1.5 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 1.5 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 1.5 CPD Eligible
Chartered Accountant - ICAEW 1.5 CPD Eligible
Auditing for Certification in Risk Management Assurance (CRMA) 1.5 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 1.5 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1.5 CPD Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1.5 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1.5 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 1.5 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 1.5 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 1.5 CPE Eligible
Chartered Accountants - Scotland 1.5 CPD Eligible
CPA - Ireland 1.5 CPD Eligible
Chartered Accountants - Ireland (CAI) 1.5 CPD Eligible

Additional Information

Credits

1.5

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.

Take charge of your career with MYCPE ONE’s online CPE courses designed for CIA professionals. Earn essential CIA CPE credits while expanding your expertise, all from the convenience of your schedule and location. Our courses dive into a variety of relevant topics, keeping you updated on the latest trends and developments in your field. With flexible scheduling and content led by industry experts, MYCPE ONE makes professional learning easy and impactful. Join us today to access powerful resources that help you grow and achieve your career goals. At MYCPE ONE, we’re here to be your trusted partner in success.

About Instructor

Stuart Miller
Stuart Miller

Educator and Consultant, Mada Community Center

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CPA in Canada for more than 25 years. Worked the last 6 years in a charity organization doing grant writing and human resources as well as accounting. This experience includes, among others, supervision of personnel, budgets and forecasts, the entire accounting cycle, automation and improvement of accounting processes, and project management.

Very comfortable with numbers and analyses with, as a goal, to assist others and provide quality service. Responsible, autonomous, organised, and oriented towards finding solutions.

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.

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