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Auditing remotely: Using current technologies, techniques and methodologies to ensure proper audits during Covid-19 pandemic

  • ACCT/BK
  • CRMA
  • CFF
  • CFE
  • CGAP
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • IAP
  • QIAL
  • CBA/MCBA
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

The Covid-19 pandemic has had a profound effect on the world.  As economies attempt to bounce back from the financial crisis, companies have had to adjust to a new way of doing business. Social distancing and government regulations have caused companies to work virtually and have limited on-site employee presence.  Essential businesses have incredible regulations regarding safety that may cause there to be no outside visitors allowed on the premises. As a result, auditors need to develop new techniques to perform required audit procedures using current technologies.

A remote audit, also known as a virtual audit, is the method of conducting an audit remotely, using electronic methods such as video conferencing, email, and telephone to obtain audit evidence, just like you would during an on-site audit.  The overall aim is to evaluate this evidence objectively to determine the extent to which the audit criteria have been fulfilled.  

This Auditing CPE webinar is a detailed discussion of Best Practices and new techniques, used by audit professionals to address the challenges of auditing during a pandemic. Learn how you can become a nimble and agile auditor, using current technologies, techniques, and methodologies to ensure proper audits are being performed in the uncertain and changing times of the Covid-19 pandemic. 

This online CPE webinar for CPAs covered key topics:

  • Tools available for remote auditing
  • Current techniques used by auditors
  • Methods used to gather audit evidence 
  • Analysis of audit evidence gathered during remote auditing

Learning Objectives

  • To provide an understanding of what is meant by performing a virtual audit.
  • To identify current techniques the auditor can use to comply with recognized audit testing methods, such as inquiry, observation, examination of evidence, and re-performance.
  • To gain knowledge of new methods and techniques to gather audit evidence, and solidify the understanding of the different types of audit evidence.
  • To be able to critically analyze the quality of the different types of audit evidence
  • To provide an understanding of how you should approach remote auditing

Recommended For

  • This online CPE for CPAs is recommended for internal as well as External Auditors who are currently auditing remotely.

    Who Should Attend?

    • Accountant
    • Accounting and audit managers/practitioners
    • Accounting Firm
    • Auditors
    • Bookkeepers & Accountants & Tax Preparers
    • Certified Fraud Examiner
    • CPA (Industry)
    • CPA - Mid Size Firm
    • CPA - Small Firm
    • Fraud & Forensic Auditor
    • Fraud Examiner
    • Senior Accountant
    • Staff of Accounting Firm
    • Young CPA

    Course Qualification

    Webinar Qualifies For

    • 2 CPE Credit for Internal Audit Practitioner (IAP)
    • 2 CPE Credit of Auditing for Certified Valuation Analyst (CVA)
    • 2 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
    • 2 CPE Credit of Internal Auditing for Certified Internal Auditors (CIA)
    • 2 CPE Credit of Auditing for Certified Fraud Examiner (CFE)
    • 2 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
    • 2 CPE Credit for Certification in Risk Management Assurance (CRMA)
    • 2 CPE Credit of Auditing for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
    • 2 CPE Credit for Certified Government Auditing Professional (CGAP)
    • 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
    • 2 CE Credit for Certified Wealth Strategist (CWS)
    • 2 General Credit for Accountant/Bookkeeper (ACCT./BK)
    • 2 CPD Credit of Auditing for Certified Financial Forensics (CFF)
    • 2 CPE Credit for Certified Government Financial Manager (CGFM)
    • 2 CPE Credit of Auditing for Certified Management Accountants (CMA)

    Additional details

    • Course Level :
      Basic
    • Credits :
      2
    • Instructional Method :
      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 through its website: www.NASBARegistry.org.

    Presenter

    About Presenter

    Samuel Monastra

    Certified Public Accountant (CPA), Samuel Monastra

    Samuel A. Monastra, CPA has spent his career as a public accountant.  As a client-facing professional, Mr. Monastra has excellent experience working with publicly held companies and large privately held companies. Industry focus includes: healthcare; life sciences and technology; manufacturing and distribution; and real estate and construction. 

    Sam has held executive level positions with “Big Four” and Top 10 international accounting firms, including KPMG, RSM, and BDO. Sam served as a member of the Editorial Board of the Pennsylvania CPA Journal and is a frequent speaker for a variety of national organizations including the AICPA, State CPA societies, the Institute of Internal Auditors, and the Institute of Management Accountants. Principal speaking topics include: Revenue Recognition, Lease Accounting, Income Tax Accounting, Business Combinations, Fair Value, Inventory, Internal Controls, and Auditing Issues & Techniques


    Faq

    FAQs content

    • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
    • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
    • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
    • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
    • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
    • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
    • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
    • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
    • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
    • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

    Ratings and Review

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    Auditing remotely: Using current technologies, techniques and methodologies to ensure proper audits during Covid-19 pandemic

    $20

    2 Credits

    Subject Area

    Auditing

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