Technology Trends and Hot Topics Impacting the Accounting Profession
Live Virtual Seminar
4.00 Credits
Member Price $200.00
Price will increase by $50 on 3/8
Non-Member Price $260.00
Price will increase by $50 on 3/8
Overview
Never have the benefits, and related risks, of utilizing new technology been greater for those in the accounting profession. From Artificial Intelligence (AI), Robotic Process Automation (RPA), and Audit Data Analytics (ADA) to cloud-based software solutions, our clients' technology landscape is rapidly changing. Accordingly, we, as accounting professionals, need to be on the forefront of these changes, including having a firm understanding of the risks associated with the use of these tools. In this course, we'll review these trends, highlight new and emerging products, and focus on cybersecurity risks and best practices that will allow accounting professionals to help our clients navigate these exciting but challenging times. Plus, we'll review the newly issued guidance on audit evidence found in SAS 142, which guides our use of technology on our professional engagements.
Highlights
- Data-driven decision making processes
- Top technology trends and related risks, including cloud computing, AI, RPA, and blockchain applications
- Common IT security risks and controls
- Requirements of SAS 142
- Use of analytical procedures on professional engagements
Prerequisites
None
Designed For
CPAs with accounting, financial reporting, or attest responsibilities
Objectives
- Identify the business drivers of companies today and the need for data-driven decision making
- Identify other current trends in information technology applications for clients and auditors
- Discuss SAS 142 and how it applies to the new audit methodologies using technology
- Explain how auditors are integrating audit data analytics into the audit process
Preparation
None
Leader(s):
Leader Bios
Jason Carney
Jason Carney, CPA, CISA, PMP, CISSP, CCSP, Esq., is a senior manager at ABS, Inc., a boutique consulting firm based in the Washington, DC metro specializing in complex accounting issues. He is also the principal for IRS Problem Free, a tax resolution service. He has more than 15 years of experience in public accounting, consulting, and industry. His specialties include technical accounting, financial statement audit, information security, and tax controversy. Jason has worked in the financial services, software, and federal finance sectors. Jason has taught more than 100 CPE courses for audiences across the country. He has been consistently well-received and specializes in adapting content for the unique needs of each audience. He believes that relevant and engaging training is essential for career development and business success. Jason is a member of the Minnesota Society of CPAs and was a President’s Scholar at the University of Saint Thomas Law School. He is a member of the Minnesota Bar and holds CPA licenses in five jurisdictions. He is Treasurer for Fort Safety, a non-profit focused on keeping families and children safe online. He wrote “What is Business Intelligence and Why Should CPAs Care?” for Footnote magazine and contributed to the upcoming publication What Every Lawyer Needs to Know About Client Trust Accounts. Jason and his CPA wife enjoy reading, spending time with their two children, and playing with their pet Giant Schnauzer, Sarge.
Non-Member Price $260.00
Member Price $200.00