Surgent's Technology Trends and Risks of Interest to CPAs
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 cyber-security 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.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
Major Topics:
- 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
Designed For:
Accounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters' activitiesPrerequisite:
Experience in accounting and attestationAdditional Info:
You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.