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ON DEMAND (NEW)Introduction to audit data analytics (2.0hrs) – $65

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Course overview

This introductory on demand course will examine how auditors traditionally use analytic procedures such as means, modes, and variance analysis.  Collectively these traditional techniques are referred to as summary statistics. However, audit data analytics are much more than summary statistics.  We will define and explore the term “audit data analytics” or ADAs.  We will then walk-through ADAs’ application, including data visualization techniques using a custom programmed software.

The application of the ADAs has the potential to be a transformative change to how auditors perform testing.  The change is analogous to Major League Baseball’s journey to embracing data analytics to help make decisions captured in the book and film Moneyball.  This video aims to help auditors move into a data analytics mindset to unlock the opportunities of integrating ADAs into an audit engagement.

Learning objectives:

  1. Defining audit data analytics (ADA)
  2. Guiding the profession into the audit data analytic mindset
  3. Applying ADAs, including data visualization, through a customized software walkthrough
  4. Exploring the future of ADAs for the audit profession
  5. Identifying the benefits and challenges of using ADAs

2.0 hrs of verifiable CPD (Certificate will be provided upon course completion)

Enroll now

LIVE WEBINARGetting Ready for the New Compilations Standard (CSRS 4200) (1 hr)

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This webinar will examine the major changes between the New Compilation Standard (Canadian Standards for Related Services 4200) and the current standard s.9200.  CSRS 4200 is a significant change to the current standard. The effective date for implementing the CSRS 4200 is effective for compiled financial information for periods ending on or after December 14, 2021.

This webinar will:

  • Identify the fundamental changes of the new standard
  • Understand how to implement the key changes.
  • Provide key action steps for practitioners to perform today to get ready for the CSRS 4200
Contact us for more information about this webinar

COMING SOONSpring/Summer 2021 On-demand

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Introduction to Audit Data Analytics (2.0hrs)

Release date:  February.

Now available!

Introduction to audit data analytics (2.0hrs) – $65

De-stress for Success: The New Normal (1.5hrs)

Release date: March

Now available

De-Stress for Success: The New Normal (2 hrs) – $65

Getting Ready for the New Compilations Standard: CSRS 4200 

Release date: August

The Actor’s Studio: How to feel comfortable in front of the camera

Release date: August

Assurance technical update 2021

Release date: August

Intermediate Audit Data Analytics

Release date: August

LIVE WEBINARAssurance Technical Update 2021 (2 hrs)

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In this webinar, we will discuss significant pronouncements by the AASB (Auditing and Assurance Standards Board) and their implications for assurance practitioners.We will also provide action steps to help practitioners affected by current or soon to be effective changes to the assurance standards.These include significant changes to the Canadian Standards on Quality Control, the Canadian Auditing Standards and the Compilation Standards

Contact us for more information about this webinar

COMING SOONSpring/Summer 2021 Live Webinar Schedule

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Date: April 1

Host: GTAAN

Title: Professional Ethics: Improving Psychological Safety in the workplace

Registration:  https://gtaaccountantsnetwork.com/enrol/index.php?id=330

Date: May 6

Host: CPA Ontario

Title: How to provide effective feedback and improve employee engagement

Registration: https://portal.cpaontario.ca/Pages/en_US/Forms/Public/Events/EventDescription.aspx?eid=db062e02-2167-eb11-80ba-005056944c19

Date: April 26

Host: CPA Canada

Title: Introduction to Audit Data Analytics 

Date: May 4

Host: CPA Canada

Title: Introduction to Audit Data Analytics

Date: June 1, 3 and 7

Host: CPA NewBrunswick

Title: Professional Ethics: Improving Psychological Safety in the Workplace

Date: June 15

Host: CPA Saskatchewan

Title:  Are we handing over our professional judgement to AI

LIVE WEBINARAssurance Technical Update 2021: Non-audit engagements (2.0 hrs)

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In this webinar, we will discuss significant pronouncements by the AASB (Auditing and Assurance Standards Board) and their implications for assurance practitioners of non-audit engagements such as reviews and compilations. We will also provide action steps to help practitioners affected by current or soon to be effective changes to the assurance standards.

Contact us for more information about this webinar

LIVE WEBINARPerforming an audit during COVID-19: Best practices (2 hrs)

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In this webinar, we will first examine how the coronavirus has disrupted the ways in which auditors traditionally gather evidence such as the use of inquiry, inspection, and observation (CAS 500).  For example, how do we gather evidence for the assertions of existence and valuation of inventory if the auditor is not able to observe test counts because of the coronavirus.

It is not hyperbole to say that this is the most challenging time to conduct an audit in our profession’s history. Our ability to communicate with our teams and clients has been complicated by social distancing and working remotely.  The consequence for our profession is a need to reexamine how we plan and conduct the audit for many of our clients as the same as last year (SALY) approach may be inefficient and impractical because of the pandemic.  Also, there may be increased fraud and significant risk factors to your audit clients resulting from the negative economic consequences of the pandemic.

In this webinar, we will examine key areas of the Canadian Audit Standards and provide alternative ways of gathering evidence that may be more efficient and reliable during the pandemic.  We will also provide best practices to help auditors communicate with their teams and clients.

Contact us for more information about this webinar

ON DEMAND Performing audits during Covid-19 (2.5 hrs) – $70

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Course overview

It is not hyperbole to say that this is the most challenging time to conduct an audit in our profession’s history. Our ability to communicate with our teams and clients has been complicated by social distancing and working remotely.  The consequence for our profession is a need to re-examine how we plan and conduct the audit for many of our clients as the same as last year (SALY) approach may be inefficient and impractical because of the pandemic.  Also, there may be increased fraud and significant risk factors to your audit clients resulting from the negative economic consequences of the pandemic.

In this video learning course, we will first examine how the coronavirus has disrupted the ways in which auditors traditionally gather evidence such as the use of inquiry, inspection, and observation (CAS 500).  For example, how do we gather evidence for the assertions of existence and valuation of inventory if the auditor is not able to observe test counts because of the coronavirus.

We will examine key areas of the Canadian Audit Standards and provide alternative ways of gathering evidence that may be more efficient and reliable during the pandemic.  We will also provide best practices to help auditors communicate with their teams and clients.

Learning objectives:

  1. Identifying the challenges to gathering audit evidence during the pandemic
  2. Identifying the benefits to re-evaluating the prior year’s audit approach for a client
  3. Understand the options that the Canadian Auditing Standards provide auditors to testing accounts and assertions.
  4. Understanding how to effectively communicate with the audit team and client virtually

2.5 hrs of verifiable CPD (Certificate will be provided upon course completion)

Enroll now

LIVE WEBINARPerforming reviews and compilations during COVID-19: Best practices (1 hr)

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In this webinar, we will first examine how the coronavirus has disrupted the ways in which review and compilation engagements are conducted.  For example, inquiry (per the Canadian Standard on Review Engagements 2400 par.5) is a primary way to obtain sufficient appropriate evidence for a review engagement. However, our ability to communicate with our clients has been complicated by social distancing and working remotely.  Also, Canadian Standards on Related Services (CSRS) 4200 will be replacing Compilation Standards 9200.  This new standard contains increased demands for documentation that will require more communication with clients.

The consequence for our profession is a need to reexamine how we plan and conduct the reviews and compilations for many of our clients as the same as last year (SALY) approach may be inefficient and impractical because of the pandemic.

In this webinar, we will examine key areas of the Canadian Standard on Review Engagements (CSRE) 2400 and provide alternative ways of gathering evidence that may be more efficient and reliable during the pandemic.  We will examine CSRS 4200 to help practitioners prepare for the changes.  We will also provide best practices to help practitioners communicate with their teams and clients.

Contact us for more information about this webinar

QUALITY CONTROL (QC)Completed File Monitoring (CFM) Services

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Per CSQC 1 (Canadian Standards on Quality Control), a key component of a CPA firm’s system of quality control is monitoring (CSQC 1 par.16). Sheriff Consulting offers monitoring services that involve the review of a completed assurance file (audit and review). The review will provide detailed written and verbal feedback on how your firm can further improve on documentation for purposes of meeting the assurance standards, your firm’s quality control policies as well as efficiency (e.g. improving cost recovery).

Contact us for more information about our CFM services