Course Description
This CPD course is specific for Canadian Audience only.
This CPD webinar
describes the concepts underlying the application of Standard practices for
investigative and forensic accounting (IFA) engagements that have been prepared
by the IFA Standards Committee (Committee) of the Alliance for Excellence in
Investigative and Forensic Accounting (IFA Alliance) and have been approved by
the Board of the IFA Alliance.
These are the minimum standard practices that should
be met by all chartered accountants conducting IFA engagements.
IFA
practitioners should perform all IFA engagements in accordance with the
standards of the chartered accountancy profession, including these IFA standard
practices and the chartered accountants' Rules of Professional Conduct
established by the Provincial Institutes / Ordre, and any other regulatory and
legal requirements that may be applicable.
IFA standard practices are needed to protect the
public interest by ensuring consistency to a minimum standard of practice.
IFA standard
practices are different from IFA engagement procedures. Standard practices relate
to the IFA practitioner's professional skills, the performance of his or her
engagement, and the preparation of his or her report. IFA procedures are the
specific acts or steps performed by the practitioner to attain his or her
objectives in the particular engagement.
This CPD course is a resource that will help IFA
practitioners in exercising their professional judgment as to the
implementation of these rules.
Major topics covered in this CPD course:
- Basic concepts, scope, and applicability of Standard practices for investigative and forensic accounting (IFA) for Canadian organizations.
- Planning the approach: An Overview of Standard practices for investigative and forensic accounting (IFA)Public Sector Accounting for Canadian organizations, including policies and decision criteria.
- Sizing up the impacts of Standard practices for investigative and forensic accounting (IFA) on Canadian organizations: questions you need to ask.
- Specific rules and unique provisions for Standard practices for investigative and forensic accounting (IFA)for Canadian organizations.
- Recognition criteria.
- Disclosure and presentation requirements.
- Notes to financial statements.
In this CPD Accounting webinar, speaker Mike Morley outlines an easy-to-understand step-by-step procedure for applying
Standard practices for investigative and forensic accounting (IFA) and what
needs to be carefully considered.
Here is the link to your interests: Accounting & Auditing CPE Courses I Canadian Accounting webinars
.webp "Fraud: What to Look For and Where to Look")
