CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Believe or Disbelieve - The Ideal Accountant Mindset- Professional Skepticism

  • CPA (CA)
  • CIA
  • CPA (US)
  • IAP
  • QIAL
Believe or Disbelieve - The Ideal Accountant Mindset- Professional Skepticism

2 Credits

$20

Subject Area

Auditing

Webinar Qualifies For

2 CPE credit of Auditing for all CPAs

2 CPE credit for Certified Internal Auditors (CIA)

2 CPD credit (Verifiable) for Canadian CPAs

2 CPE credit for Internal Audit Practitioner (IAP)

2 CPE credit for Qualification in Internal Audit Leadership (QIAL)

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

Financial Intelligence for Entrepreneurs, Executives, and Directors

(1)

Oct 25, 2021 | 09:00 AM EDT View Details

Are You Ready for a Capital Campaign?

Oct 25, 2021 | 09:00 AM EDT View Details

Differences between IFRS and GAAP

(16)

Oct 25, 2021 | 09:30 AM EDT View Details

Corporate External Financial Reporting Decisions

(17)

Oct 25, 2021 | 10:00 AM EDT View Details

Everything You Need to Know About Partnerships

(13)

Oct 25, 2021 | 10:00 AM EDT View Details

Basis Calculations & Distributions For Pass-thru Entity Owners Schedule K-1 Analysis (Latest)

(122)

Oct 25, 2021 | 10:00 AM EDT View Details

Basic Concepts of Fixed Asset Accounting

(4)

Oct 25, 2021 | 10:00 AM EDT View Details

Excel Accountant: Internal Control

(6)

Oct 25, 2021 | 10:00 AM EDT View Details

Real Estate Tax Strategies: Cost Recovery, Partial Dispositions, Removal Cost, Int. Deductions, Repairs & Capital Improvements

(20)

Oct 25, 2021 | 10:00 AM EDT View Details

The Structure and Organization of the IRS

(745)

Oct 25, 2021 | 10:00 AM EDT View Details

Federal Tax Update – Individual & Business Current Developments

(11)

Oct 25, 2021 | 10:00 AM EDT View Details

IRS Form 1099 Reporting Req. including updates on FORM 1099-NEC (LATEST 2021)

(272)

Oct 25, 2021 | 10:00 AM EDT View Details

Money Laundering Risks and Countermeasures for Accountants and Other Professionals

(9)

Oct 25, 2021 | 10:30 AM EDT View Details

Quickbooks Online for Accountants Work Centre - Managing your Practice

(18)

Oct 25, 2021 | 10:30 AM EDT View Details

Business Killers – 12 Ways to Protect Your Business

Oct 25, 2021 | 10:30 AM EDT View Details

Course Description

To believe or disbelieve ... that is the question often faced by CPAs in public accounting and by accountants and financial professionals in business and industry. This online CPE webinar addresses the mindset of professional skepticism that is often required in a variety of settings.

Meeting the requirement of applying professional skepticism during an audit is often quite a challenge. However, it is an expected skill the auditor must master if they want to produce valuable audits.

Audit inspection reports have identified issues about the level and consistency of professional skepticism being applied in audits, in particular, in areas that require high levels of professional judgment. Additionally, the complexity of transactions and markets continues to increase, requiring auditors and managers to use more professional judgment during audit engagements. Professional skepticism is influenced by personal behavioral traits as well as the knowledge level of the individuals undertaking the audit. This highly interactive online continuing professional education course uses case studies to provide an overview of professional skepticism, including what it is and why it is important in audit engagements.

By using this online CPE webinar’s overview of professional skepticism in auditing, you will have an opportunity to hone this necessary value-add skill.

Although professional skepticism is as much an art as it is a science, applying professional skepticism is a series of deliberate, exact steps that are tempered with solid judgment and even a little intuition.

Major Topics Covered in this online CPE webinar:

  • How the PCAOB sets out expectations for the use of professional skepticism?
  • How to use differing yet very effective levels of skepticism?
  • How to resolve ambiguous audit data?
  • How to deal with material that puts into doubt the dependability of records?
  • How to manage information that is not supportive of the audit?
  • How to recognize situations that might be attempts at fraud by management or employees?
  • How to successfully settle with management that might be hiding pertinent data?

Click here for more webinars on Accounting & Auditing

Learning Objectives

  • To develop an appropriate and effective level of professional skepticism.
  • To analyse when to use professional skepticism to achieve minimum audit process standards.
  • To practice how to get what you need as an auditor.
  • To discuss how professional skepticism works as a powerful tool, and why it is an absolute requirement.
  • To discuss some tricks and see examples of solving particularly delicate situations.

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Auditors
  • Certified Public Accountant
  • Chartered Professional Accountant
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Young CPA

Testimonial

3.5

(2)
50%
0%
0%
50%
0%