Inventory Observation - Cretaceous Conservatory Simulation
Online
3.00 Credits
Member Price $109.00
Non-Member Price $139.00
Overview
Step into the heart of the Cretaceous Conservatory for an unforgettable inventory observation adventure! In this immersive simulation, you'll travel to a remote island where the inventory isn't just vast, it's alive. As an auditor responsible for ensuring accuracy in the company's dinosaur-development operations, you'll face wild risks, navigate complex inventory procedures, and confront the unexpected.
Through hands-on scenarios, you'll learn to identify misstatements, evaluate unique inventory challenges, and apply standard observation techniques all while staying one step ahead of potential disaster. Can you survive the wilds of the Cretaceous and emerge as the ultimate inventory explorer, or will the risks prove too much to handle?
Objectives
- Recognize potential risks associated with inventory misstatements that an auditor should be aware of during an observation
- Recall the standard procedures for observing and counting inventory during a physical inventory count
- Identify key documentation required before, during, and after an inventory observation
- Identify sufficient, appropriate inventory observation selections through identification of individually significant items and sampling methodology
- Recall potential risks associated with inventory or unique inventory situations
- Identify responses to risks and variances identified during an inventory observation
Highlights
- Obsservation
- Auditing
Designed For
Accounting Professionals
Prerequisites
None
Preparation
None
Notice
Your webinar can be accessed via https://ctcpas.acpen.com/. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.
Leader(s):
Leader Bios
Peter Zender, CPA, Galasso Learning Solutions
Peter Zender, CPA Accounting & Auditing Training Facilitator
With extensive experience in auditing and technology, Peter serves as an Audit Training Facilitator at Galasso Learning Solutions. His expertise in auditing healthcare companies, employee benefit plans, and private companies with complex transactions has made him a key contributor to the development of technical accounting training programs.
Before joining GLS, Peter worked at a Big 4, specializing in auditing healthcare companies in both public and private sectors. He later transitioned to an Internal Audit role at a Fortune 500 company before returning to public accounting at a national firm, where he focused on audits involving business combinations, asset acquisitions, GAAP to IFRS conversions, and technology implementations.
While with GLS, Peter earned the prestigious Association for Talent Development Master Trainer™ designation, which was only possible because he spent much of his audit career, working closely with learning and development to design and facilitate training on both technical accounting and soft skills. He has experience designing, overseeing, and facilitating weeklong training programs and producing accounting podcasts eligible for CPE credit.
Non-Member Price $139.00
Member Price $109.00