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UAB Accounting CPE Day 1

UAB Collat School of Business - Department of Accounting & Finance

Friday, August 15, 2014 from 8:15 AM to 4:45 PM (CDT)

Birmingham, AL

UAB Accounting CPE Day 1

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Join UAB's Collat School of Business for a stimulating day of CPE-credited accounting education! Each session includes information on the latest issues of importance in accounting. Course fees cover the sessions, materials, continental breakfast, lunch and refreshments.

Please contact Eddie Nabors at eonabors@uab.edu for more information. 

 August 15, 2014 

CONTINENTAL BREAKFAST: 7:45 am
SESSIONS BEGIN: 8:15 am 

CPE Credit:
8 hours of Accounting and Auditing

SESSIONS:

8:15- 9:45 am | CPAs and Malpractice Litigation
Jeffrey Windham, JD, CFE
Forensic Strategic Solutions, Inc.

The vulnerability of CPAs to accounting malpractice lawsuits following incidences of fraud is a hot topic. Business clients faced with a fraud often sue their accountants for malpractice, at the suggestion of their attorneys. Glas explains the Client Appreciation Curve, showing how the relationship between client and accountant is affected after fraud is uncovered and results in a malpractice suit. Glass discusses how CPAs should act in anticipation of litigation rather than being forced to react

9:45 - 10 am | Break

10 am - noon | Accounting and Auditing Update

Steve Grice, PhD, CPA
Botts Professor of Accounting at Troy University

This session provides a review of recent changes to the technical accounting and auditing guidance. The topics include recent accounting standards issued by the Financial Accounting Standards Board as well as recent auditing standards issued by the Auditing Standards board. Participants should gain a broad understanding of how the new guidance wil impact their organization.

12 - 1 pm | Lunch

1 - 2:45 pm | Auditing Operating Systems
James Worrell, PhD, CPA
Assistant Professor of Accounting at the University of Alabama at Birmingham

This program will cover the basic functions of an operating system. From there, the presenter will walk through the key control objectives for operating systems and provide a generic audit program that addresses each control objective. Finally, the presentation will cover how to implement this audit program for both Windows workstations and Unix/Linux server environments.

2:45 - 3 pm | Break

3 - 4:45 pm | A Case Study in Fraud Examination
Arline Savage, PhD, CPA
Professor of Accounting at the University of Alabama at Birmingham
and Cynthia Wyatt, CPA
Member of Warren Averett, LLC

Participants engage in an active-learning experience involving two asset-misappropriation fraud cases. They examine the traits of the victim organizations and the characteristics of the fraud perpetrators. They also learn how these frauds could have been prevented by management of the victim organizations.

When & Where



The Club
1 Robert S Smith Drive
Birmingham, AL 35209

Friday, August 15, 2014 from 8:15 AM to 4:45 PM (CDT)


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UAB Collat School of Business - Department of Accounting & Finance

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