Analytical Procedures - Methods and Evaluation WEBCAST

Friday, November 6 8:30am - 12:30pm PST

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4 Credits

Member Price $150.00

Non-Member Price $200.00

Overview

Analytical procedures evaluate financial information through examination of plausible relationships among both financial and non-financial data. They also encompass such investigation, when necessary, of the identified fluctuations or relationships that are inconsistent with other relevant information or that differ from expected values by a significant amount.

Highlights

Review of the appropriate audit and review standards. Identifying appropriate analytical procedures in the circumstances. Developing expectations. Designing and performing analytical procedures. Investigating results of the procedures performed. Introduction to data analytics.

Prerequisites

None

Designed For

Accountants and CPAs that perform audit and review engagements

Objectives

Recognize financial statement areas where analytical procedures can be used effectively, Detemine the appropriate procedures to perform and which financial ratios and benchmarks to evaluate in consideration of the company’s industry statistics and the economic environment, Identify the circumstances when additional investigation of the results of the procedures is required.

Preparation

None.

Notice

None

Leader(s):

Leaders

Eugene Ristaino

Mr. Ristaino is a partner in a local firm and is Director of Accounting and Auditing and quality control. He has over 30 years experience in public accounting. He manages a diversified practice including construction and real estate, healthcare, manufacturing, governmental auditing (including single audit and HUD), transportation, travel, and not-for-profit organizations. He also has extensive experience in compliance auditing for both the public and private sector.

Mr. Ristaino has authored and presents numerous professional education programs around the country and is a former professor of tax law at Villanova and Philadelphia Universities. Gene is a member of the Peer Review Committee for the Pennsylvania Institute of Certified Public Accountants, and is a team captain for the Peer Review Program of the AICPA.

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Non-Member Price $200.00

Member Price $150.00