Webinar: Identifying Common Errors in Financial Statements
4/19/2018 10:00 AM - 11:30 AM (CT)
Advanced Preparation: None
Field of Study: Auditing
CPE*: 1.5 credits
In this session, we will examine common significant deficiencies and material weaknesses in financial reporting and determine the cause. We will also discuss the differences between significant deficiencies and material weaknesses. We will do a case study of common findings in financial audits and how to avoid them (i.e., having the ability to prepare your own financials, understanding how the financial statements and footnotes connect to each other, understanding the supplemental information that accompanies your financial statements, posting journal entries, understanding the recording of transactions and how they relate to the financial statements, and determining component units).
- Identify and review common errors that auditors find during annual audits and how to avoid them or prepare a response to them.
- Explore the difference between a significant deficiency and a material weakness.
- Discuss how to respond to audit findings.
$195 per connection
My Wipfli Nonprofit and Government Membership Service members automatically receive an additional $25 discount per registrant!
Notice of cancellation must be received 24 hours prior to start time of the webinar for a full refund of registration fees. If Wipfli cancels the webinar, you will be notified 24 hours prior to the webinar via email. All registration fees will be refunded. For questions or concerns, please call 888.876.4992.
To receive continuing professional education (CPE) credits (live webinars only), you will need to complete and submit a CPE request form within three business days of the webinar. A link to the form and directions to submit it are included in a webinar access email you will receive 24 hours prior to the start of webinar. The webinar must be paid in full to receive CPE credits. Purchase orders are accepted but not considered payment. You will receive a certificate via email within 14 business days of the webinar presentation.
National Registry of CPE Sponsors: Wipfli LLP 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.
Instructional Delivery: Group Internet-Based. For more information regarding administrative policies, such as complaint, cancellation, and refund policies, please contact our offices at 888.876.4992.