WICPA CPE & Special Event Catalog
Global Internal Audit Standards (GIAS): Overview & Contrast to 2017 International Professional Practices Framework (IPPF)
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Online
1.60 Credits
Member Price: $79
In May 2023, the IIA released a draft of the new Global Internal Audit Standards. The intent was to provide more effective standards for Internal Audit globally. The new Global Internal Audit Standards were released on January 9, 2024 & will become effective January 9, 2025. The previous version, the International Standards for the Professional Practice of Internal Auditing, released in 2017, remains approved for use during a one-year transition period. The Global Internal Audit Standards guide the worldwide professional practice of internal audit. They serve as a basis for evaluating & elevating the quality of the internal audit function. The Standards use 15 guiding principles with five separate domains that enable effective internal audit implementation & examples of evidence of conformance. The Global Standards are organized into five domains. Domain I: Purpose of Internal Auditing Domain II: Ethics & Professionalism Domain III: Governing the Internal Audit Function Domain IV: Managing the Internal Audit Function Domain V: Performing Internal Audit Service
Let's Play The 90 Day Money Game!
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Online
4.00 Credits
Member Price: $149
The key to building a long-lasting relationship with your clients is to become more than just their accountant. Your clients already trust you with their tax & compliance work, but why not take it to the next level. By learning how to play the 90-day money game, you can help your clients elevate their income & take their earning power to the next level. Once you master the philosophy & practical tools for yourself, they can be easily shared with your own clients. Many clients silently suffer financially & are afraid to ask for help. By helping them play their own 90 day money game, you can support their financial wellbeing & turn good clients into GREAT ones! Here's how it works: Take your money challenges & turn them into money confidences by playing the 90-day money game. We will address three areas: INCOME: creating & working toward a Bold Money Goal IMPACT: expanding your reach in the world with clients & contacts INNER PEACE: turning the stress around income creation into a fun, peaceful experience. Reclaim your personal power around this important topic! Don't stay stuck in your story, waiting for the outside world to change before you claim your financial success. Action that is fueled by stress is inefficient & exhausting. Learn how to take action From inspiration. Discover a new way to think about money creation & nourish yourself in the process. Remember...You are you OWN economy. Learn how to create this reality now! The next 90 days will pass by one way or the other: let's decide to use that time in a clear & direct way to create a Money Breakthrough! Learn this winning philosophy for yourself & then use these principles & tools in your work with clients.
The Controllership Series: The Financial Close Process
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Online
1.50 Credits
Member Price: $79
A common challenge for the controller role is in closing the month-end & period-end books in preparation to issue financial statements. This duty requires precision, timing & efficiency. In today's digital world, many organizations have access to financial accounting software that will assist with the steps in the financial close. However, even with this aid it is critical the accountant understand the various steps for the close process & how they inter-relate to other accounting processes. This course gives you an insight into the inter-relationships between many processes that impact the financial close. The closing process has traditionally been a slow one with many companies taking two weeks to close its subsidiary's books & another two to three weeks to roll up & consolidated the results. With the introduction of technology much has been done to help accelerate that process with integrated enterprise resource planning systems & general ledger & consolidate software. Within this segment we will discuss the elements of the financial close & also important concepts to assist the controller in accelerating their close timeline. This includes addressing all functional areas of the close including payroll, invoicing, payables, inventory, cash & the general ledger. We will also discuss important concepts of ensuring your financial close is accurate by discussing bank reconciliations, overhead allocations, bad debt reserves, unpaid wages & accruals for vacation time, account reconciliations, deprecation & overall financial statement review. Note: This course does not address utilizing technology in the financial close. Its focus is to understand the varied procedures involved in the financial close whether or not technology is utilized.
Creating Terrific Equity Compensation Plans: Beware of the Pitfalls
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Online
2.00 Credits
Member Price: $89
In today's business world, there is a war for talent & organizations with the best talent will win. We clearly need to motivate talented personnel. Equity compensation plans are useful to retain, reward & recruit. The GAAP & tax accounting for equity compensation plans is not static & decisions that you make during plan set-up can have major consequences to your organization's bottom line & your management team's personal tax situations. We will review nuances & details that impact proper accounting. Whether you are the CFO or CEO who has not been happy with prior equity compensation plans or the accountant who performs the intricate analysis & detailed accounting for these plans: this session will help you understand the issues & get it right the first time.
Tactical Finance Leadership: Building the Finance Team of Tomorrow
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Online
2.00 Credits
Member Price: $89
The finance function is changing rapidly, driven by technology, demographics & evolving business expectations. This session focuses on the tactical leadership skills CFOs & CPAs need to build & lead high-performing finance teams in the years ahead. Participants will explore how roles, skills & expectations are shifting & how leaders can prepare their teams for increased automation, real-time reporting & greater strategic involvement. The session blends practical leadership guidance with forward-looking insights.
Global IIA Standards (GIAS) Fundamentals & Domain I & II: Part I
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Online
2.20 Credits
Member Price: $89
In May 2023, the IIA released a draft of the new Global Internal Audit Standards. The intent was to provide more effective standards for Internal Audit globally. The new Global Internal Audit Standards were released on January 9, 2024 & will become effective January 9, 2025. The previous version, the International Standards for the Professional Practice of Internal Auditing, released in 2017, remains approved for use during a one-year transition period. The Global Internal Audit Standards guide the worldwide professional practice of internal audit. They serve as a basis for evaluating & elevating the quality of the internal audit function. The Standards use 15 guiding principles with five separate domains that enable effective internal audit implementation & examples of evidence of conformance. The Global Standards are organized into five domains. Domain I: Purpose of Internal Auditing Domain II: Ethics & Professionalism Domain III: Governing the Internal Audit Function Domain IV: Managing the Internal Audit Function Domain V: Performing Internal Audit Service
The Controllership Series: Managerial Accounting Basics & Costs
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Online
1.20 Credits
Member Price: $39
Managerial accounting provides economic & financial information for managers & other internal users. Managerial & Financial Accounting have similarities & differences. Each field of accounting deals with the economic events of a business. Both managerial & financial accounting require that a company's economic events be quantified & communicated to interested parties. This another course in our series on the controller's role. The controller's role encompasses many traditional functions. Within this segment of our controllership series, we discuss the area of managerial accounting & the basic concepts that surround this discipline as it primarily relates to cost accounting issues.
Benefits & Best Practices for Telework
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Online
2.00 Credits
Member Price: $89
Prior to the COVID-19 pandemic, telework in state & local government was not often embraced as a form of employment. As the pandemic continues, governments are beginning to experience the benefits of remote work & are reevaluating hiring practices to offer more telework & hybrid work options, not simply as a result of an emergency. This course will review various telework options & best practices for success.
The Controllership Series: Overhead, Direct & Indirect Costs & Allocation Methods
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Online
1.00 Credits
Member Price: $39
Managing expenses is a key for business success & overhead costs play a pivotal role in realizing favorable profit margins. Almost all companies have some form of overhead consisting of specific categories of indirect expenses. The better organizations are able to manage overhead costs, the more competitive they are in the marketplace. It is incumbent in the Controller's role to effectively manage, monitor & perform ongoing assessment of overhead costs, allocations & rates. Overhead refers to the ongoing business expenses not directly attributed to creating a product or service. A company must pay overhead on an ongoing basis, regardless of how much or how little the company sells. It is important for budgeting purposes but also for determining how much a company must charge for its products or services to make a profit. Overhead can be fixed, variable, or a hybrid of both. There are different categories of overhead, such as administrative overhead, which includes costs related to managing a business. In short, overhead is any expense incurred to support the business while not being directly related to a specific product or service.
Global Internal Audit Standards (GIAS) Domain II: Part II
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Online
2.00 Credits
Member Price: $89
The new Global Internal Audit Standards were released on January 9, 2024 & will become effective January 9, 2025. The previous version, the International Standards for the Professional Practice of Internal Auditing, released in 2017, remains approved for use during a one-year transition period. The Global Internal Audit Standards guide the worldwide professional practice of internal audit. They serve as a basis for evaluating & elevating the quality of the internal audit function. The Standards use 15 guiding principles with five separate domains that enable effective internal audit implementation & examples of evidence of conformance. The Global Standards are organized into five domains. Domain I: Purpose of Internal Auditing Domain II: Ethics & Professionalism Domain III: Governing the Internal Audit Function Domain IV: Managing the Internal Audit Function Domain V: Performing Internal Audit Service
Tactical Budgeting: Moving Beyond Traditional Budgets to Manage Performance
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Online
2.00 Credits
Member Price: $89
Traditional budgets often consume significant time while delivering limited operational value. This session reframes budgeting as a tactical management tool rather than a once-a-year accounting exercise. Participants will explore how to redesign the budget process to improve communication, accountability & decision-making across the organization. The session emphasizes output-based metrics, flexible budgeting approaches, benchmarking & educating non-financial managers so budgets become a tool for managing performance, not just controlling spending.
2026/27 Single Audit Update
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Online
1.00 Credits
Member Price: $39
Stay current on significant developments affecting Single Audits with this focused update on recent regulatory & professional guidance. This course reviews the 2024 Uniform Guidance overhaul, including the increase in the Single Audit threshold to $1 million & other changes impacting audit planning & execution. The course also examines Appendix B of the 2025 GAS/Single Audit Guide issued by the AICPA, highlighting updates that affect audit efficiency & compliance considerations. In addition, participants will receive updates on recent guidance issued through Office of Management & Budget (OMB) memoranda, as well as reporting-related changes, including the transition From the Federal Audit Clearinghouse's prior systems to SAM.gov-based reporting. This course is designed to help auditors understand how these developments affect Single Audit requirements & what to watch for as expectations continue to evolve.
The Controllership Series: The Controller's Role in Pro Forma Financial Statements
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Online
1.00 Credits
Member Price: $39
Pro forma statements are used by businesses to make decisions on planning & control, as well as for external reporting to owners, investors & creditors. For example, giving financial estimates for a given period in a standardized manner is known as "presenting pro forma," a Latin phrase that means "as a matter of form." Pro forma statements can be helpful tools for business owners, investors, creditors, or decision-makers to analyze various scenarios of future events based on certain financial assumptions. It might aid in making predictions performance of the company. A pro forma income statement displays a firm's anticipated sales & revenue. It also highlights anticipated fixed or variable operational expenses and, in the end, displays the potential profits & retained earnings for a future financial quarter. There are various types of pro-forma statements & methods to develop them. The responsibilities/competencies of the Financial Controller position (FC) has changed in recent years. However, the creation of pro forma financial statements is still a core part of their responsibility.
The Risks of Artificial Intelligence: Part I
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Online
1.60 Credits
Member Price: $79
Artificial Intelligence (AI) is rapidly transforming industries & redefining how organizations operate. While the benefits of AI-efficiency, automation, data-driven insights & innovation-are significant, the risks are equally profound & demand careful consideration. AI introduces a range of technical risks, such as bias, lack of transparency, data dependency & vulnerability to manipulation. Ethical risks arise in the form of workforce disruption, diminished accountability, potential misuse & the erosion of human autonomy. On a broader societal scale, AI threatens to widen inequalities, accelerate disinformation & erode trust in institutions, while raising concerns of cultural homogenization & disproportionate power concentration among a few entities. Governance challenges further complicate the landscape, as regulation struggles to keep pace with technological advances & questions emerge about the long-term safety & alignment of advanced AI systems. Leaders & organizations must recognize that AI is not only a technological innovation but also a strategic risk management issue. Responsible adoption requires robust governance, transparent & ethical frameworks, ongoing monitoring & human oversight. By proactively addressing these risks, organizations can balance innovation with accountability, safeguard trust & position themselves for sustainable success in an AI-driven future. Note: This is Part 1 in a two-part series on the risks of AI
Sarbanes-Oxley Update: Accounting Risk Assessment considerations: 20 years later
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Online
1.80 Credits
Member Price: $79
It's been 20 years & counting since the Sarbanes-Oxley legislation was passed. In theory the legislative requirements outlined are still in place. Although the requirements haven't changed, time has changed & as a result, execution of the processes has most likely changed.
The Controllership Series: Financial Statement Preparation
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Online
2.60 Credits
Member Price: $99
One of the important roles of any member of the financial team. Including the controller, may be involvement in the preparation of the company's financial statements. Even if that responsibility falls within the office of the CFO, the controller & other finance personnel must understand how their transitions recorded impact the financial statements. Financial statements (or financial reports) are formal records of the financial activities & position of a business, person, or other entity. Relevant financial information is presented in a structured manner & in a form which is easy to understand. They typically include four basic financial statements accompanied by a management discussion & analysis: A balance sheet or statement of financial position reports on a company's assets, liabilities & owners' equity at a given point in time. An income statement may have varying names including profit & loss report (P&L report), statement of comprehensive income, or statement of revenue & expenses. These report on a company's income, expenses & profits over a stated period. A profit & loss statement provides information on the operation of the enterprise. These include sales & the various expenses incurred during the stated period. A statement of changes in equity or "statement of equity" also called "statement of retained earnings" reports on the changes in equity of the company over a stated period. A cash flow statement reports on a company's cash flow, particularly its operating, investing & financing activities over a stated period. A balance sheet represents a single point in time, where the income statement, the statement of changes in equity & the cash flow statement each represent activities over a stated period. For large corporations, these statements may be complex & may include an extensive set of footnotes to the financial statements, management discussion & analysis & supplementary information. The notes typically describe each item on the balance sheet, income statement & cash flow statement in further detail. Notes to financial statements are considered an integral part of the financial statements.
The Risks of Artificial Intelligence: Part II
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Online
1.80 Credits
Member Price: $79
As artificial intelligence (AI) becomes deeply integrated into business operations & decision-making, organizations must recognize that effective oversight extends beyond technical safeguards.The governance, risk & control (GRC) responsibilities of AI also carry a cultural dimension requiring alignment with corporate ethical values ethical principles & accountability structures.Cultural governance emphasizes leadership commitment, employee engagement & cross-function ownership of AI practices to ensure trust & transparency. AI-related risks: ranging From bias & ethical concerns to regulatory compliance, reputational exposure & operational vulnerabilities necessitate robust control frameworks & proactive mitigation strategies. These include governance structures, policies, risk assessments, transparency measures & continuous monitoring. By embedding cultural governance & mitigation responsibilities into enterprise AI initiatives, organizations can responsibly harness innovation while safeguarding stakeholders, protecting reputation & ensuring sustainable long-term value. Note: This is Part 2 in a two-part series on the risks of AI
K2’s Taking Another Look At PDFs
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Online
2.00 Credits
Member Price: $89
We're all familiar with PDF documents. However, it's safe to say that most professionals use only a tiny fraction of their features. This circumstance is unfortunate, considering all you can do with PDF documents. Therefore, isn't it time to take another look at PDF K2's Taking Another Look At PDFs documents & all you can do with them? Participate in this session to learn more about PDFs & how & why they should be a cornerstone technology in most organizations. Collaboration options, long-term storage & archival & fillable forms are just a few features you will learn about in this session. If you're ready to elevate your PDF productivity, this session is for you!
Common Sense CFO: Balance Sheet Issues Walk through to Understand & Build Value
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Online
2.00 Credits
Member Price: $89
We mostly focus on the income statement, but what about other financial statements & countless other accounting concerns? This seminar is dedicated to breaking down common balance sheet issues, both on-the-books & off, that have an impact on our stakeholders & the value of the organization. Using practical analysis, we highlight several key tools in understanding & communicating the importance of the forgotten cornerstone of accounting: the balance sheet. Most notably, we dedicate time to the pressing issue of "unrecorded assets". This session is designed to also be fun & entertaining. This seminar stands on its own but is also part of the Common Sense CFO series.
K2’s CRM: The Ultimate Business Automation Tool
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Online
2.00 Credits
Member Price: $89
This course provides an in-depth exploration of Customer Relationship Management (CRM) systems as a critical tool for business automation. Designed for accounting professionals, it emphasizes CRM's role in streamlining workflows, organizing communications, enhancing client relationships & improving efficiency. Participants will learn about key CRM features, integration with accounting software & best practices for successful implementation. We will highlight practical applications with actionable insights to help attendees optimize their processes. This two-hour session ensures you walk away with a basic understanding of CRM's transformative potential for business & financial management.