Resources for Accountants

Risk Assessment: Identifying and Assessing Risks of Material Misstatement [Video]

Post author By Curator
Post date September 20, 2023

Risk Assessment: Identifying and Assessing Risks of Material Misstatement

Auditors identify and assess risks of material misstatement to provide a basis for designing audit procedures to respond to these risks. If only it were as simple as it sounds!

This CPE-eligible (1.5 CPE), eLearning course, begins with the foundational concepts of risk and risk assessment and then discusses how to identify risks. Identifying risks involves a thorough understanding of the entity and its environment, the applicable financial reporting framework and system of internal control, which are all discussed along with the related risk assessment procedures. Once risks are identified, auditors must then assess these risks using the inherent risk spectrum to determine whether risks rise to a level of significant risk. The course concludes with a discussion of other considerations related to the risk assessment process, including the required stand-back assessment requirement, revision, and documentation.

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Resources for Accountants

How to Get Cheap Car Insurance for 18-Year-Olds with the Help of AI [Video]

Post author By Curator
Post date September 20, 2023

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Resources for Accountants

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Post author By Curator
Post date September 20, 2023

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Edspira Update – 2024 [Video]

Resources for Accountants

Edspira Update - 2024 [Video]

Post author By Curator
Post date September 20, 2023

This is a quick update on me and my channel for 2024.— Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.— SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING• A 44-PAGE GUIDE TO U.S. TAXATION• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS• MANY MORE FREE PDF GUIDES AND SPREADSHEETS* http://eepurl.com/dIaa5z— SUPPORT EDSPIRA ON PATREON*https://www.patreon.com/prof_mclaughlin— GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT * https://edspira.thinkific.com — LISTEN TO THE SCHEME PODCAST * Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725 * Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc * Website: https://www.edspira.com/podcast-2/ — GET TAX TIPS ON TIKTOK * https://www.tiktok.com/@prof_mclaughlin — ACCESS INDEX OF VIDEOS * https://www.edspira.com/index — CONNECT WITH EDSPIRA * Facebook: https://www.facebook.com/Edspira * Instagram: https://www.instagram.com/edspiradotcom * LinkedIn: https://www.linkedin.com/company/edspira — CONNECT WITH MICHAEL * Twitter: https://www.twitter.com/Prof_McLaughlin * LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin — ABOUT EDSPIRA AND ITS CREATOR * https://www.edspira.com/about/* https://michaelmclaughlin.com

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How to Earn Passive Income with the Help of AI [Video]

Resources for Accountants

How to Earn Passive Income with the Help of AI [Video]

Post author By Curator
Post date September 20, 2023

In today’s digital age, Artificial Intelligence (AI) is not just a buzzword—it’s a powerful tool that can help you create streams of passive income. From content creation to investing, AI has democratized the ability to automate work and scale profits. But how can you use it practically? Let’s break it down into a step-by-step guide.