21SR-0021: Staff Training: Beginning In-Charge (Virtual)

If you have questions about this event, please call us at 952-831-2707.

Multi-day course:
Wednesday, August 18, 2021 - Thursday, August 19, 2021
8:30am - 4:30pm Central Time
24 CPE ()

Give your experienced staff members the training they need to assume higher levels of responsibility and become more profitable for your firm. In this course, they'll get hands-on training to improve their planning, review, audit and other engagement capabilities; polish their communication skills; and build a strong foundation for effective staff supervision.

This is a blended learning program that combines an interactive online course and self-study components. Participants are required to complete pre-work before the first day of class. The online course is interactive and attendees will participate in discussions, case studies and group work. Please have a computer or tablet with a functional webcam and microphone.

Major subjects

• Expectations, responsibilities and actions of the in-charge
• Engagement planning case study -- proper planning steps, deterrents (and how to overcome them) and planning tips to improve engagement efficiency and quality
• Risk assessment and materiality case studies -- determining planning and performance materiality; assessing engagement, inherent and control risks; linking results to audit procedures; assessing fraud risk; and conducting fraud brainstorming
• Guidance for minimizing engagement costs while performing high-quality audits
• Nonstatistical audit sampling cases -- properly applying auditing standards; making correct sampling decisions for the audit of one major financial statement account; and projecting sample misstatements to the population, including the consideration of sampling error
• Guidance for meeting client needs -- elements of effective selling, ways to sell additional services to existing clients and how to use management letters as sales tools
• Guidance for effectively completing engagements -- identifying problems early, tying up loose ends, reviewing assistants’ work early and self-review techniques
• Reviewing assistants' work -- identifying objectives, developing a methodology, proper documentation, effective communication of review comments and case study practice reviewing working papers
• Supervision and motivation of assistants -- on-the-job supervision techniques, qualities of good supervisors and characteristics of poor supervisors

Learning objective(s)

• Advance more quickly to higher levels of responsibility and become more profitable for the firm
• Better plan and complete audits, supervise staff, review working papers and interact with partners and clients

Who should take this program?

CPA firm staff with two to three years of experience

Fees

Standard Member Fee	$599.00
Standard Nonmember Fee	$649.00
Standard Partner State Member Fee	$599.00