Fundamentals of Forensic Accounting Certificate Program, AICPA

Since more than 125 countries require or permit the use of IFRS, taking this program will give you a distinct competitive advantage over your peers. As of January 1, 2018, those who successfully complete all courses in the curriculum will receive a certificate of achievement, a digital badge, a subscription to the eIFRS online subscription service and 40+ hours of CPE credit.

Why is IFRS relevant in the US, and for you?

• U.S. multinationals are headquartered across the U.S., so you could easily find yourself with a client that has IFRS requirements, either for itself or a non-U.S. subsidiary.
• You might increasingly find yourself structuring deals and transactions with IFRS counterparties, including vendors and customers. Understanding the implications of structuring these transactions and reporting using IFRS will require you to have more than a passing knowledge of the differences between IFRS and U.S. GAAP.
• As both the FASB and IASB continue their standard-setting agendas, you'll need to assess proposals and be concerned about divergence that could impact your financial reporting or audit responsibilities going forward.

Courses included:

Credit for individual courses purchased can be applied to the full program if purchased within one year.

• IFRS: Business Combinations (IFRS 3)
• IFRS: Separate and Consolidated Financial Statements (IFRS 10 & IAS 27)
• IFRS: Earnings Per Share (IAS 33)
• IFRS: Fair Value Measurement (IFRS 13)
• IFRS: Financial Statements, Interim Reporting, and Cash Flows (IAS 1, IAS 34, and IAS 7)
• IFRS: Financial System Considerations in IFRS
• IFRS: The Effects of Changes in Foreign Exchange Rates
• IFRS: Impairment of Non-Financial Assets (IAS 36)
• IFRS: Income Taxes (IAS 12)
• IFRS: Intangible Assets (IAS 38)
• IFRS: Inventories (IAS 2)
• IFRS: Investment Property (IAS 40)
• IFRS: Investments in Associates and Joint Arrangements (IAS 28 and IFRS 11)
• IFRS: Financial Instruments (IFRS 9, IAS 39, IAS 31, and IFRS 7)
• IFRS: Leases (IAS 17)
• IFRS: Liabilities, Provisions and Contingencies (IAS 37)
• IFRS 5: Non-current Assets Held for Sale and Discontinued Operations
• IFRS: Policies, Changes, Errors; Events After Reporting Date; Related Parties (IAS 8, 10, and 24)
• IFRS: Property, Plant & Equipment (IAS 16)
• IFRS: Revenue Recognition (IAS 18 and IAS 11)
• IFRS: Segment Reporting (IFRS 8)
• IFRS: Share-based Payments and Employee Benefits, non-pension (IFRS 2 and IAS 19)
• IFRS: Tax Considerations Beyond IAS 12
• IFRS Governance and Conceptual Framework
• IFRS: The Starting Point (IFRS 1)

Who Will Benefit?

• Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
• Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS

Learning Objectives

• Acquire a broad overview of key IFRS definitions and concepts.
• Obtain proficiency in complex IFRS areas including financial instruments and business combinations.
• Apply the fundamental principles of IFRS across a range of accounting topics.
• Understand the accounting impact of the latest standards and amendments issued by the IASB.

Key Topics

Understand cybersecurity--and be part of the solution.

The threats from cyber-attacks are real, and can:

• Disrupt businesses
• Result in financial losses
• Destroy an organization's reputation

In fact, cybercrime damage costs are expected to hit $6 trillion annually by 2021. Organizations are under pressure to show that they have effective processes in place to detect, mitigate, and recover from cybersecurity events.

This certificate course gives you a foundation in cybersecurity so you can provide valuable leadership within your organization--or with your clients.

What do you need to know about cybersecurity?

You don't have to become an IT expert. But, you do need to be able to speak intelligently and:

• Understand key elements of the AICPA's cybersecurity risk management reporting framework;
• Learn the terminology and the right questions to ask;
• Understand the potential risks and opportunities for your organization or clients;
• Help advise on investments in cybersecurity or identify roles for cybersecurity specialists; and,
• Apply a security mindset to your daily work.

Gain expertise--and show it with this certificate and digital badge

As cybercrime threats grow, it's essential for financial professionals to understanding what the risks are and how mitigate or manage them.

This interactive, self-paced certificate program, authored by cybersecurity expert Chris Romeo, will help you acquire these skills so you can:

• Add value to your organization
• Create opportunities for your career growth
• Consider exploring cybersecurity advisory as a specialization for yourself or your firm

Who Will Benefit?

• Finance professionals
• CFOs and business managers
• Controllers and internal auditors
• Management and public accountants

Key Topics

• Cybersecurity terminology and digital transformation
• Attacks and the security mindset
• Data breaches and privacy
• Cybersecurity frameworks including NIST CSF
• Elements of a cybersecurity risk management program
• Benefits of investing in cybersecurity
• Options for cybersecurity service offerings

Learning Objectives

• Recognize the impact of digital transformation on business.
• Recognize key cybersecurity terms and what it takes to have a security mindset.
• Recognize the threat landscape and the importance of security to various technologies.
• Recognize how a data breach occurs and the organizational impact.
• Recognize the impact to the organization when privacy is compromised.
• Recognize the definition and purpose of a cybersecurity risk management program and description criteria.
• Identify which security framework(s) would be best for your organization or client.
• Identify the five functions described in the core of the NIST Cybersecurity Framework (CSF).

Credit Info

• CPE CREDITS: Online: 15.5 (CPE credit info)
• NASBA FIELD OF STUDY: Information Technology
• LEVEL: Basic
• PREREQUISITES: None
• ADVANCE PREPARATION: None
• DELIVERY METHOD: QAS Self-Study
• COURSE ACRONYM: CSFD

Online Access Instructions

In order to successfully pass the examination, you must be able to evaluate and analyze the core concepts related to client acceptance, engagement planning, engagement analysis, concluding an engagement and guiding principles for single audits.

Topics that will be tested on the exam include:

• Comprehending single audits
• Schedule of Expenditures of Federal Awards
• Planning the audit
• Major program determination
• Using the Compliance Supplement
• Internal control over compliance
• Testing compliance
• Single audit reporting

Online Access Instructions

A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product.

Your Certificate and Digital Badge

After passing the exam, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement.

You will receive your official score and certificate or retake information 5 business days after completing the exam.

Important note: Your exam purchase entitles you to one exam and one re-take if you do not pass the exam. Prior to using your re-take, the AICPA recommends you study any topics identified in your initial exam results. If you do not pass either the initial exam or the re-take, you must purchase the exam again, in order to take it again. Exams passed outside of these purchase and re-take rules will not result in the issuing of a digital badge. If you have any questions regarding the completion of your exam or re-take, please contact digitalbadge@aicpa.org to verify your results.

By making this purchase, you must understand and agree that the AICPA has the absolute and unrestricted right to revoke or suspend any rights to use the digital badge image, or any representation thereof, if you are (a) convicted of any crime punishable by more than one year in prison or for any crime related to dishonesty, or (b) disciplined by any governmental or non-governmental authority that regulates, or enforces a code of conduct related to, your professional activities, including but not limited to, a state board of accountancy, AICPA, IRS, SEC, or PCAOB, or (c) a peer reviewer restricted from performing peer reviews by the Peer Review Program.

System Requirements

AICPA's online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians.

A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam.

Supported Operating Systems:

• Macintosh OS X 10.10 to present
• Windows 7 to present

Supported Browsers:

• Apple Safari
• Google Chrome
• Microsoft Internet Explorer
• Mozilla Firefox

Required Browser Plug-ins:

• Adobe Flash
• Adobe Acrobat Reader

Technical Support: Please contact service@aicpa.org.