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

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)

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

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.


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

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.


LIVE WEBINARHow to use Zoom effectively to deliver virtual presentations (1.5 hrs)

Zoom is currently the most widely used video conference software to deliver virtual presentations.  However, many do not effectively use the available tools within both Zoom Meeting and Zoom Webinar to maximize participant engagement. These include tools such as:

  • Chats
  • Polling questions
  • Breakout rooms
  • Share audio only
  • Electronic flipcharts
  • Whiteboards

In understanding and effectively using these tools within Zoom, your presentation will become more dynamic and engaging to your audience.  In this webinar, we will demonstrate how to design an engaging presentation within Zoom.

ARCHIVED WEBINARHow to design and deliver an engaging virtual presentation (1.5 hrs) – $25

As a result of the pandemic, many professionals find themselves presenting to teams, clients and others using teleconferencing software such as Zoom, Go to Training, Microsoft Teams etc.  However, presentation design and delivery for a live presentation is much different than for a virtual presentation. It is not enough to simply take a prepared live presentation and just do the same thing in a virtual setting.  Current research shows that this will result in a lack of both clarity and participant engagement.  In fact, virtual presentations require more instructional design and preparation than a live presentation.

A virtual presentation must be re-designed to promote thoughtful use of virtual engagement tools such as audience feedback buttons, polling questions, breakout rooms and shared screens.  The presenters themselves must prepare differently than for a live presentation including setting up proper camera framing, audio levels and lighting.

This webinar will discuss:

  1. Virtual presentations vs live presentations room – significant differences
  2. Virtual presentations – best practices
  3. How to effectively use the virtual presentation engagement tools

Recorded on September 15, 2020.  The cost of this recorded (archived) webinar is $25 (including tax)

This archived webinar will be closed captioned (CC)



Great presentation. Garth did an excellent job breaking down simple tips to help improve our virtual presentations. Super useful. I also liked the fact that additional tips and information were shared via PDFs to provide participants with additional information should they need it.

I very much appreciated your practical insights and your energy today.

It was a very informative and interesting session

Very practical, and excellent of Garth to provide links to tools and to stay for questions!

 

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

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).

 

LIVE WEBINARArtificial intelligence: Are we handing over professional judgement to AI

Artificial Intelligence (AI) has been in our collective awareness since the introduction of the villainous computer HAL 9000 in Stanley Kubrick’s classic film 2001. AI has had a few moments in popular culture such as supercomputer IBM Watson’s appearance on Jeopardy in 2011 but has typically been seen as more science fiction than reality. Today, we are interacting with AI more than we ever have and more than what we might realize. Common interactions with AI include the use of Google Home, Netflix and Amazon. The future is now for AI. In this webinar presentation, we will explore how AI is being used and the implications of AI for the future of our profession.


LIVE WEBINARHow to create a home studio for video and audio content creation (2 hrs)

In this webinar, we will help turn your office into a professional home studio for video and audio content creation.  We will provide tips and tools to help with the CAL of video content:

  • Camera (C)
  • Audio (A)
  • Lighting (L)

The objective is to provide a cost-effective way to show high production quality when creating video or audio content.

LIVE WEBINARIntroduction to Audit Data Analytics (ADA)

In this webinar, we will examine how auditors traditionally see and use data analytics which includes summary statistics such as averages, means and standard deviation.  However, data analytics are much more than summary statistics.   The goal of this webinar is to help auditors move into a data analytics mindset.

The webinar will introduce audit data analytics (ADA) including data visualization techniques.  The benefits of ADA can be realized in all phases of the audit process and for clients of all sizes.  We will also discuss how the use of data analytics is being integrated into the Canadian Auditing Standards (CAS) such as the revised Canadian Audit Standards 315: Identifying and Assessing the Risks of Material Misstatement.


 

LIVE WEBINARBlockchain, cryptocurrency and the external audit profession (2 hrs)

Blockchain and cryptocurrency are hot topics both as technologies and investments.  Ethereum, ICOs and proof of concept are among the buzz words associated with these topics.  The blockchain technology has the potential to be a significant disruptor in terms of how business transactions are initiated, authorized and recorded.  A question that has not been explored until recently is how this technology will affect the assurance profession.

A published CPA Canada report on blockchain technology (https://www.cpacanada.ca/en/business-and-accounting-resources/audit-and-assurance/canadian-auditing-standards-cas/publications/impact-of-blockchain-on-audit) has urged assurance professionals to understand the implications of this technology on the profession.  In this webinar, we will make blockchain technology and cryptocurrency understandable and provide practitioners with action steps to help them prepare for this game changing technology

 



Great introduction to this topic!