Per Auditing Standard 5 (AS5), the auditor must evaluate the severity of each control deficiency to determine whether the deficiencies, individually or in combination, are material weaknesses. The key question to ask is…what parameters should be considered when determining materiality?
In planning and performing the audit, the auditor is not required to search for deficiencies that, individually or in combination, are less severe than a material weakness. There are several definitions of materiality utilized in the profession that are promulgated by the American Institute of Certified Public Accountants (AICPA), Public Company Accounting Oversight Board (PCAOB), Committee of Sponsoring Organizations (COSO) and others.
This course covers several aspects about the concepts of material weakness and significant deficiency. We evaluate recent cases of material weakness disclosures and updates from the PCAOB.
Information within this course comes from readily available public domain documents and is utilized by the trainer as a supplement for relaying the course content.
Note: The concepts outlined in this course are up to date and relevant in regards to the Sarbanes-Oxley legislation. Although there have not been any changes in the legislative concepts of the law since it’s release in 2002, some aspects of executing the work have evolved. This speaker is preparing a series of courses titled “Sarbanes-Oxley 20 years later”. Those courses can be found individually on the platform and would be beneficial for anyone involved with compliance.
NOTE: The Instructor has created 5 new segments on Sarbanes-Oxley Update - 20 Years Later:
Sarbanes-Oxley Update - 20 Years Later: Accounting Risk Assessment Considerations
Sarbanes-Oxley Update - 20 Years Later: Sourcing Emerging Risks Part 1
Sarbanes-Oxley Update - 20 Years Later: Evaluating Testing Processes
Sarbanes-Oxley Update - 20 Years Later: Sourcing Emerging Risks Part 2
Sarbanes-Oxley Update - 20 Years Later: Examining Fraud Risks
Prerequisites
No Advanced Preparation or Prerequisites are needed for this course.
Learning Objective
- Evaluate the various definitions of deficiencies utilized by the Committee of Sponsoring Organizations, Audit Clarity Standard 325 and Auditing Standard 5.
- Identify methods to assess deficiency impact and distinguish between a significant deficiency and a material weakness.
- Explore the concept of deficiency aggregation.
- Explore indicators of a material weakness and examine risk factors for considering the severity of a deficiency through utilization of relevant examples.
- Examine requirements for deficiency communication.
- Explore the history of disclosed deficiencies and financial re-statement study.
- Explore PCAOB current priorities and released updates.
Last updated/reviewed: July 7, 2025
(325) Reviews
(272 rating)Lots of new information on big datas role with fraud detection.
I haven't worked for a public company so this was a helpful review.
very good overview, including corp gov section that clarifies difference between Board and Management's respective responsibiliities
The course was very informative and interesting. The skills to be involved with the Internal Audit function are both technical and interpersonal. As we work towards this function, it is difficult to find staff with the right skill set. The instructor was very good and understandable.
This class gets into the details of short-term rentals. There was more to it than initially thought.
A good primer for people moving into a leadership position.
Informative course, very well organized and presented.
Concise and direct course on the sections 806,902 qnd 906. Direct with great examples of how the sections work
Great presentation to understand the importance of HR within the budgeting and planning process of a Company.
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I've been using pivot tables for years and still picked up a few helpful hints in this lesson. This is a very useful session for any user.
I enjoyed the course and I found it very informative.
Great review of budgeting topics with some new information I hadn't heard of. Will refer to this content again.
Great course. Went by quickly and had a lot of useful information.
Really great course. Professionally communicated and in an interesting way that provides insight as to the nature of the inner workings of the SEC and public companies in more ways than just accounting.
Great summarized course to understand the basics of a Board of Directors structure
In the final exam, question no 2 should be corrected by removing NOT from the question.
This was a helpful review. Thank you for the informational resources.
I enjoyed this course, similar to all the courses by Lynn Fountain I have taken. She keeps the content engaging and practical. Thank you, Lynn.
Very beneficial and refreshes some of the details for my role being a second line of defense.
It was packed with detailed information with great structure!
Thanks Lynn! I've been dealing with difficult stakeholders this year and trying to get a message through felt almost impossible. This course helps by providing tactics to deal with difficult people and I will be definitely testing them out during my daily activities.
I like this instructor's materials, they are well written and contain good information.
Comprehensive guide with clear and valuable insights!
Exame was tough but ended with a 91%. The information covered was great and hit all of the learning objectives.
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"I enjoyed this course a lot, great learning tools and it helped me a lot. I really appreciated the experience and I liked the method of presentation. Thanks!"
I really enjoyed this course. I think the length was appropriate, appreciated the variety of cases, and the instructor did a great job.
Great overview of the topic with detailed breakdown of various methods.
Well explained and supported with real world examples.
I hope this could be a recording course. It took me a white to read this material. It may be easier if the instructor can show us how the formula works.
Rob does an outstanding job of effectively teaching the Key Performance Indicators and KPI Dashboards. The course was well-structured, providing a comprehensive understanding of KPIs and their critical role in measuring and driving business performance. The content was insightful and easy to follow, with a perfect blend of theory and practical examples. The section on creating KPI dashboards was particularly valuable, offering hands-on guidance on designing and implementing effective dashboards that provide real-time insights into business performance. The instructor was knowledgeable and engaging, making complex concepts accessible and relevant. The interactive elements and practical exercises helped reinforce the learning and provided me with the confidence to apply these concepts to my own work. Overall, this course is a must for anyone looking to deepen their understanding of KPIs and enhance their ability to track and manage performance effectively. I highly recommend it!
happy to pass the exam at one time, Great and thanks you.
This course is a very good material for beginners, but also experienced professionals. It is clearly and accessibly structured with key points brought to attention of the students.
clear course, well structured and explained. It helps a lot to understanding the evolution and how some current practices went live.
Well explained and excellent slides for future use. Well explained and excellent slides for future use.
A good review of Internal Audit, deficiencies and the discussions around them in today's audit structure.
I am a CPA that works in a publicly traded company and most of the ethics courses are firm based. I like the perspective on this course being non-firm.
It's hard to distill the entire history of ethical thought down into a 2 hour business course, but I give credit to the instructor for making the effort.
This was a very thorough yet straightforward introduction to higher-level Excel concepts. The course will only give a basic understanding of using tools like Power Query and VBA Macros, so further courses should be explored to gain more proficiency in these areas.
Materials were straightforward and easy to read. The review questions were helpful.
Great course - material is easy to follow with good examples and descriptions.
Enjoyed this course and the additional insights from the instructor. Very clear and concise concepts. Would highly recommend to organizations or individuals needing more insight to the "SOX World".
Course content was clearly presented. Reference materials effectively aided in understanding the content. Instructor was knowledgeable about the subject matter.
I have enjoyed so much this course, which I considered have an invaluable materials and knowledge to use as a permanent reference and to apply in SOX audit duties regularly. Thanks to Lynn for this magnificent and outstanding course because it will help me to achieve my professional goals in my Auditor career :)
Very informative course and great experience provided to learners
I enjoyed getting to now some of the automation areas that are being seen across SOX compliant companies.
The course is well organized and easy to understand!
I found the slides to be very interesting. Ms. Louis made the slides very engaging.
Great course on ethical and regulatory considerations for remote employees. This will interest you!
It is a very lengthy topic. I like it but it would be better if can have more detail of each subsection. Feel like it is not enough and wish to have more examples.
It is helpful to assist me to understand better in what is expected as a senior associate and how I can better improve myself to excel in my career as I grow together with CNM in CNM.
I will comment on one aspect of the course in particular. The presenter recommended criminal background checks as a method to prevent fraud. He fails to address the issue that biases in the criminal justice system against racial minorities result in such checks having a disparate impact on those same minorities. He also does not address the fact that such checks will turn up information that is prejudicial but of questionable relevance for preventing fraud (for example, minor drug convictions or other minor violations of the law), which in turn will make it difficult for people with those convictions to move on from their pasts. Other than that, the course was good.
Mr. Ringstrom is an excellent instructor; I like that he goes through the PowerPoint and then shows it live in Excel. I will be back for more courses.
I have completed the course and have no further comments.
The course is very informative and provides illustrative samples of fraud. It would be beneficial if the course would also provide the summary of results indicating the correct/incorrect answers.
Too much broken speaking. Author just changed the couple words to make applicable to 2023 but changes were not smooth.
Thanks for the very comprehensive course in understanding expectations under SOX standards.
I liked how the course detailed and explained the traits and skills areas.
An overall solid summation of the important characteristics of forensic accounting. I would recommend this to anyone interested in Forensic accounting.,
As others have pointed out, this course would have benefited from being a bit longer or having a Part 2 that goes through a few practical examples.
The course material explain the full scope of the IT and its relation to controls
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A good overall breakdown of ethical leaders, what distinguishes them, and why they are important for any organization, Felt a bit longer than necessary but overall enjoyed the discussion and exercises.
I like how the instructor works through simple, real examples of the close process. Good refresher.
The exam is very challenging if you don't have a decent understanding of Tax for partnerships....
easy to follow/understand and an excellent introductory course
Great course. Needed a refresher on ASC842. It's been awhile since involved with them
not sure I agree with this question and answer: Question: Which of the following is not a disclosure control procedure?
Great refresher and consideration of the changing risk environment.
Interesting class. The final exam comes more from the class than the handouts, would like to see all material in a hand out for reference after the class.
Content and material was very sloppy. Overall the instructor was incredibly knowledgeable, however one of the key concepts of Mgmt Accounting is the usefulness and presentation of information and yet the information presented was poorly presented.
Very nice summary Very nice summary Very nice summary Very nice summary
The course covers a significant amount of material that is often uncommon such as disposal of divisions and going concern treatments. It's well done and interesting.
The program provided an overview of information technology general computer controls.
This was a great overview of the FAR section of the CPA exam, from what I can recall.
Presenter is easy to listen to but, the course needs real world examples - not just reading tax brackets.
Very helpful study guide, and the examples are helpful to understand context. Would be helpful to have more examples.
The course was interesting, took much longer to learn material than suggested by course developers and some inconsistencies exist in the language of SOX and the real-world outcomes that are not addressed by the course. Overall a real exercise in "logic". DRB
The questions had multiple misspelled words and incorrect grammar. Not super insightful training
some sections could be refreshed --ie) using 2016 acfe report to the nations versus more current report.
Tied to educational objectives, connected to real-life situations
Interesting and informative course with relevant information to understand the controllership function. Easy to follow and understand.
Thank you Garrett, that was really helpful, Good job, waiting for more of such useful courses from you.
The material provided are very brief. Kindly provide more explanatory material, most of the content that are provided here are from CIA and Gleim is more straight forward. It should be good to have the same standard.
Some of the actions described no longer seem to fit in with today's accounting systems and date from a time when, for example, they were not yet used.
Great overview of the COSO and internal control processes/procedures
Slides should be prepared in advance, no slide materials to retain and or review, and the exam questions were very poorly worded relative to answer choices.
A very clear explanations, covering all topics. I really love the session. Perhaps can get a more exciting slides or link share for reference. Overall, good. thank you!
Amazing course! Very solid material to provide a broad understanding of how Fraud is managed according with SOX.
I liked the course because it introduces you to a short history of the regulations and how they developed over time.
Great course for understanding how to read a balance sheet from a finance perspective. It teaches the importance of metrics (ROA, ROE, etc.). It was also great for teaching other important analyses such as SWOT, benchmarking, etc.
The course provides a great overview of fraud, impacts to the Company, and ways to mitigate that risk and how Internal audit can aid and assist in this process.
Good information that should be revisited frequently.
This course provides some great information. The topics covered are very helpful as well.
Well organized. The writing is easy to understand. I did not know about OKRs before, but this content has made me think about company objectives in a new way.
Jim has a great teaching style making it easy to grasp the key concepts for this course. This was a very good refresher for me. Thank you Jim!
its a great course with full of information! i find it useful for me to detect a fraud next time
Sorry, now is 2023. Is this 2015 GAAp? Hopefully, illumenous can reach out to the lecturer and update the course.
I am very happy with the training I received in these modules. I also very much appreciate all the templates and documentation provided in the last module. I know that I will be referring back to this material often in the future.
This is a very comprehensive overview of the IPO process from the CFO perspective. It is particularly helpful to know the flow of the process from beginning to end, what parties are involved and their respective responsibilities during the IPO process as well as what one needs to pay attention and any related rules should be considered.
Enjoyed the course which Is exactly what I was seeking to begin educating myself about SOX and how SOX relates to EA/IA. Thanks for sharing your knowledge and expertise, Lynn!
Great exposure to Fraud Risk Management Strategy. Fraud Risk Monitoring is crucial in today's business environment. Professionals from business and accounting background could make use of the information for professional certification studies and on-job applications. I would definitely keep the notes for future reference.
great refresher course. it really helped me understand the ethics and compliance framework at a high level.
This excellent course helps and encourages to use healthy scepticism to detect cash related fraud cases.
Material was a little hard to understand and retain. I would have liked more clarification
A helpful, tangible approach on the topic. Judgment and specific company factors play into a conclusion/position. The information within this webinar will be useful.
An excellent course on SOX Section 404! Perhaps a little discussion about what is meant by acceptable level" of risk and who determines it will surely be appreciated by those taking this course
This is a really good informative course--thanks for putting it together.
Excellent course, the material and trainer were really clear even for those new in SOX world.
I learned a lot from this course and will highly recommend it!
The training videos was good and understandable. The PPT presented was clear .
Might be nice if there were more theory vs straight up calculations.
These tools will provide assistance in the development and execution of SOX compliance procedures.
ExcelLent :) Well-structured and easy to study Text Based Course. Very useful supporting materials. Interesting info.
Dislike: The writing of the exam questions aren't as well written as the rest of the courses.
This a trending topic in current industries and gaining more focus for its use cases and utilization. The course provided a good introduction to this topic.
It was very well structured, well-paced and easy to follow training course. Structuring the course in segments as well as offering a continuous play option is perfect for any learning style. The examples given were good.
This is an excellent SOX topic that I have not previously seen covered before.
The learning activity was engaging and appropriate. It met my expectations.
Like in other webinars Lynn has, I loved how she goes deep in every slide using examples and/or making great observations for when you are in the process of RA. With that, you can see she is very knowledged in the subject she is teaching about.
Good overview, would love a follow-up course that dives even deeper on deal killers.
Material not specific enough in terms of definitions and concepts.
This is one of the worst classes I have taken. The lecture is obviously read off a script and not well done. The content of the slides is not in a great format. Finally the review and final exam have a bunch of questions that don't even make sense. Skip this.
The Course was very engaging and provided great examples of real life. The instructor is very enthusiastic and content is to the point.
Good study material. But some questions tested are not included in the pdf.
Very good introduction to the topic but old information. Looking forward more courses from the instructor but with updated content.
Excellent speaker who is clear, concise, and gave relevant examples that supplemented the course theories.
The course is very informative and covers all necessary topics that are needed to be proficient in the Sarbanes Oxley. I highly recommend this course to individuals who wants to learn and understand SOX.
Great and quick overview of the QBID. Always good to refresh on this
Excellent Course - well worth the time. Very knowledgeable instructor.
Very informative course. I recommend to anyone, don't have anything else to comment on.
This is an excellent course and discusses that any individual in any organization would witness and should be aware of.
I liked it. Good basis for an accounting close. It's nice to have a refresher every once in awhile.
This was very helpful and I will definitely save these training materials if our department is ever called on to conduct an audit of the network. Currently we also have an Information Security team that is a second line of defense to our Internal Audit team.
Good course and content for meeting VA specific ethics requirements.
This was a very informative course. high recommended A++++++
Poor grammar and punctuation in most slides, plenty of redundancy.
Great material, but having to read the document rather than click through course wasn't great for me.
This course provides a good foundation for understanding AS5 definitions of material weakness
I appreciated learning more about the covid pandemic and how it relates to the working world
Did not understand the section on controversy around Pitt & Webster. Seemed somewhat irrelevant
the course was very insightful and its very applicable to my technology area of practice
A good course on ITGC. It has helped me refresh and reinforce my understanding of the topic
I would have liked a deeper dive on the SOX Testing Process and IT sections. IT was very general and didn't give a lot of specifics or depth. The control testing didn't even mention IPE. Would have liked more guidance on testing specifics. The background, explanation of legislation, auditing standards, COSO, etc were very beneficial.
Objectives Met, Appropriate requirements, Activties completed
Excellent overview of the various financial statements. Thought the section on financial ratios was a great addition.
informational training on construction accounting and ASC 606
good overview of the accounting close process for new accountants
This is an excellent course from Lynn Fountain! The real-life scenarios and current event considerations bring life to the topic.
Helpful information about automating reports in Excel. Recommend.
I enjoyed the examples given in this course. These examples helped to bring all of the concepts that I am learning in the certification together!
"How should the control environment be viewed by organizations?" <--Based on the expected answer, this question is written extremely poorly & is misleading.
Very meaningful and informative course gives a very good understanding on standard evolution.
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Great overview of COSO 2013 and how management is responsible for their internal controls.
The course was adequate but suggest you relook at the questions. The use of not in the questions is very confusing even for the most experienced person. Also your question in the final exam on incentives is poorly worded
Good refresher course to understand the concept of SOX
I am with a new company implementing a SOX program. While I had experience in SOX previous to this class, these lectures have provided new information, a great foundation, and good real world examples. I will likely be returning to the classes and handouts on a routine basis for guidance.
I found the course to be very informative. I was not aware of the details from the international front.
Very good course, Its good to have a one presentation rather than many
Great job outlining steps to take for gradual improvement
Very Informative. Comprehensive learning. Extensive material provided.
Excellent articulation of COSO 2013 principles that have provided better practical linkage. Only one improvement recommended is to include some more specific examples
Best point: understanding SEC vs PCAOB and AS2 to AS5
The subject is detailed and touch the core of internal audit, the material and information is well organised, examples is a perfect add value. I will use this good material for internal audit department training.
Simple, concise, and easy-to-understand summary of segment reporting.
Thank you for another great course that introduced the connection of COSO 2013 and fraud.
The tools (resources, downloadable material) in this are incredibly valuable - a great conclusion for this certification program.
This was an excellent and engaging course. It gave a simple, but wholistic introduction to the Sarbanes Oxley Act. Looking forward to watching the remaining courses in the certification.
I enjoyed the format and thoroughness of this course.
Very interesting study. Clearly stated and kept my interest
Good and Mandatory Ethics course. With recent changes, it's good to stay informed!!!!!!!
Good content. Some exam questions need to be written better.
I liked this course as I found that it was very informative and a great refresher on all the many methods and ways in which fraud can occur and be prevented as well.
Everyone involved or impacted by this process flow at a company should take this course. Really nice over view and in depth view of how this process should work!
Great course and very well prepared and explained.
Good review of various types of audit reports that can be issued. However, this course did not cover the dating of the report or the auditor's responsibilities for reporting of subsequent events.
A lot to digest! Terms are essential in understanding concepts.
Quick refresher course on the fundamentals of the BS. It did discuss the IS to discuss RE. Really great for CPE but not helpful if you are looking for further knowledge. This would be great to review before watching more advanced dives into specific accounts or principals.
LOTS of good information! So much actually that I am sure that I need to come back to these slides many times to really understand this thoroughly. There are so many things to be taken into consideration. Good templates and examples.
Excellent presentation while blending in good humor.
Blair Cook was entertaining and thorough. This course was quick, concise and a great reminder/refresher for anyone in a large organization.
great course, easy to read and follow along the way the text is written
It was very interesting to get perspective from someone who has worked in both external and internal audit. This was a great refresher on what goes into consideration when issuing an audit opinion.
The presentation was great but I'm wondering why some of the final exam questions were specific to ASC 605 (and not just what has changed from it) when that guidance has been superseded.
Overall course contained very good information and history behind the "why?" we do all the work we do
Thank you so much for this amazing course where I had the opportunity to learn so many interesting things that I will be able to apply in my daily routine.
The course was beneficial to learning about control deficiencies and how to properly assess them for a material weakness.
Great introduction course! PLEASE REVIEW THE COURSE FOR THE NUMBER OF CPE CREDITS. SHOULD BE 2.5?
Well detailed and properly explained concepts on fraud risk assessment. This is a good introduction into Fraud risk assessment and sets the expectations for beginners
Good course on Xlookup formula, this will definitely be my go to formula when looking up values.
questions at end didn't well match topics covered in the course.
Though the material in this course was well thought out and presented, I found it distasteful and unpatriotic to include a former president, not just as an example of an amoral/immoral leader, but also the answer to an exam question. Keep your politics out of my professional learning materials...
i felt that the instructor gave her best effort to capture the new concepts of the standard.
Very helpful, however, too much theoretical information, years, reports
This course was extremely relevant to today's corporate environment. The materials were extremely helpful and easy to follow.
The data analytics section was very informative and timely. I would be interested in more courses on data analytics.
Great comparison between COSO 1992 and 2013. The instructor is very knowledgeable and shares relevant information
Excellent course with a strong presenter. A course for anyone who wants to understand and develop stronger more compelling presentations and how to deliver them.
This was very informative; easy to follow and I learned a lot of new things. Thank you!
Thanks for this in-depth course. The course material is rich and the delivery, very excellent.
I enjoyed this course as it discusses the importance and use of data analytics as it is the future of auditing.
Excellent course! Recommended for everyone who wants expand his knowledge of Power BI.
This was a course on Internal Controls! More words are needed to make it informative to my peers.
Great addition to illumeo. Really helps keep up with the Ethics requirement in a timely manner.
The course was very informative and the time allotted is sufficient to complete the course. The instructor was very effective in delivering the materials. I would recommend this course to others.
This entire section is new to me and is very technical. This would be helpful if you need to understand the basics of XBRL.
Excellent full package on SOX and COSO principles with key template to implement process in the organization.
Good overview for a beginner to the world of accounting and bookkeeping, or refresher for both. Good explanation of financial statements and key terms and in-depth review of ledger and trial balance terms
This course was well developed and well presented. Good coverage of the subject.
High level overview which is good, but I would appreciate accounting courses that were more detail. Illumeo appears to be lacking in government accounting courses.
Content covers the main topics of the course related to the GAAP principles and assumptions
Good content, good overall wording of questions. Highly recommend to someone looking for a detailed walkthrough.
Good review course. This was a solid refresher for something I have been away from for some time.
It was great to review and/or learn anew these important topics.
Excellent advice and insights. I highly recommend for any finance/accounting leader.
Excellent course for beginners to understand SOX. There are many examples included which helps your further understand the relevance of SOX.
Overall great course! I do not have any feedback on how to improve the quality of this course. I thought for an intro course to Yellow Book, the basics were covered effectively.
I like the fact that all the materials were relevant to the topic.
Other illumeo presenters should take this course! Awesome!
Could be improved if there were more examples - the slides were just read. Maybe required for this type of course, but would be more interesting with case studies.
The review questions were not structured well. The premise in the question (ie. is this permitted) did not match well with the phrasing of the responses. However, the final exam questions were properly structured, reducing possible confusion.
This course provided a good high level overview of how to conduct a risk assessment for SOX.
Great basic course to provide a basic understanding of business combinations under topic 805. Would be better if it was not a text based course but an instructor led program.
Awesome course. I finally understand what the Blockchain is and does. Many thanks
The voice was not very clear at the beginning but got better toward the end.
I have really enjoyed this series of courses on ASC740. The material is presented in such a way that makes it easy to follow, and also understand the practical application.
This is a great course for understanding the various components of the Balance Sheet!
Training audit tests on specific examples will always help you learn the material more accurately.
amazing course, great information. A lot to learn about the planning phase of an audit
The final module in this marathon of a course - 17 courses yet it was very well delivered and comprehensive. Job well done as I learnt a lot.
This is one of the most useful courses I have ever taken. Thank you for the helpful fixes to so many of the common problems we face in managing our inboxes.
Good review of Colorado CPA requirements as it relates to being a practicing CPA in Colorado. As well as a good overall review of what you need to keep your license active.
This instructor courses are always very helpful and are well thought out. I always look for her courses on-line as I always learn something new and interesting from her classes.
I liked the usefulness of the course content and I thought the instructor didn't fill the lecture with meaningless verbiage.
Great insight into making presentations more palatable and succinct. Really shakes up the standard presentation formats.
Provides a good insight into section 404 requirements
Overall the course was very informative. I was distracted in the later sections by the microphone bumping.
The explanation is very clear, straight to the point.
Very good and simplified course. It serves as a good refresher for people practicing SOX and ICFR only daily basis but serves as a good basis for people just starting to learn SOX.
It would have been helpful to have the slides as a handout. There was a lot of good information covered in this course and it would have been great to have the handouts for future reference.
I thought the course was very helpful. It is well laid out and a lot of good guidance on building overall communication at an executive level.
outdated with 2013 data - don't think FCPA enforcement has increased under Trump
Everything is making sense but I guess what I'm struggling with is how to identify the "differences" between ASC 606 vs previous version. I felt like all the things that you said existed before. I was wondering if there is a summary/table available where I can clearly see the difference in transaction treatment between ASC 606 and the old version.
I really like Jennifer's class that has detail contents in her presentation. The material is very helpful.
The course was great introductory course to ASC 820, the instructor was very effective.
I consider myself an advanced Excel user and there were some shortcuts that I learned from this course.
This SOX 404 section possess good controls information.
This is a solid course that will further help individuals understand the various conflict of interest situations and how to have a strong ethical culture.
This course helped me strengthen my understanding of IA fundamentals.
The course was quick and simple. It allowed you to quickly understand the required information.
This was a really good overview on conflicts of interest
Segregation of Duties for Core Business Processes was straight forward and insightful.
Overall good learning material. the XBRL vs SOX was really good learning in a way that shows link between them.
An important aspect that companies forget to look at because cyber attacks are seldomly experienced by them. Great refresher on how to react to cyber attacks
2014 means data and SEC actions are a bit out of date
Simple and very usefulThe simplicity was surprising yet we overlook most of the tasks involved here
Interesting tips but unrelated in application of what they do.
Clear and easy to digest information. Helps understand how some people get stuff done and others don't. Stepp explains this by incorporating personal experiences.
This course clearly identifies the different variations of delegating work in the organization, based on the individuals.
this course was great and helped better my understanding of the subject
Supporting materials helped drive home discussion, relevant for CPA day-to-day dealings with Operations and Executive Management.
Very insightful with some very useful sources of additional information that will come in handy.
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CISA and CPA's would both benefit. I learned a lot about ERM and why it is very important for an organization.
I like the examples given in this course, which are detailed, and very realistic.
I thought the questions were less aligned to the information in the slide deck as they have been in other courses.
This course provides a detailed materials on preventing and detecting fraud.
The course is easy to understand. Especially, the examples with the journal entries help a lot.
Very well spoken and concise summary of the major updates
excellent walk through of the evolution of the AS supported by personal experience of the spaeker
I have been working in the SOX/404 area of my internal audit department for a number of years and knew a lot of this at a certain (and varying) level/s - this course showed me where I need to focus more and filled in more gaps than I knew I had!
This course was excellent and provided important information that I will utilize in the future.
Excellent overview about temporary differences, very useful examples and exercises
The course makes it seem like these changes would be simple when in reality this is a very high level overview.
helpful to improve close timing. good insights on benefits of closing the books quicker.
Good, clear explanation of control activities with a more in-depth look at each principle and POF. The concepts are easy to understand with great examples provided.
this was alot of work but the slides and seminars made it much easier
This course provides a good overall view of what composes ethics and what influences it within an organization
Instructor was very knowledgeable and gave a good summary of changes for 2018.
I highly recommend this course to anyone working in accounting. The class material is filled with lots of examples. Great class.
Case studies are very helpful for practical application of the standard.
Very helpful look into reviewing and analyzing financial statements and not just preparing them.
Excellent review of deficiency impacts and logic from the PCAOB, SEC and AICPA.
Great course specially regarding the differences between application controls and general controls.
Great review of preparing indirect cash flow statement.
This was well detailed while providing very efficient timely lessons of the general topic.
Overall great webinar. It would be helpful to reduce the number of abbreviations in the slides though.
good link between history in the US and why ethics has become such a prominent topic
Great refresher on basic accounting topics. The materials were easy to follow, and navigate.
The course was very interesting! Lynn did a great job explaining forensic accounting!
Well-organized. Very helpful for anyone teaching financial accounting.
I liked that the different types of attacks and real-life companies were used as examples of the threats out there.
I was not familiar with XBRL, so this course was very helpful.
This course is full of a lot of technical information. At times I found it hard to follow, but still finished having learned enough to have a reasonable understanding of the topic.
Good insight in personalities and leadership. Excellent explanations of human behavior
Great overview and detailed account of the information.
This is a great overview of XBRL - I found it very technical having not covered the topic before but still managed to understand enough to pass the test. Lynn's presentation was clear and demonstrated her expertise in this area.
This was a very good insight to the Fraud schemes, statistics and fraudster characteristics. I really learned a lot. Thank you!
Great information! Easy to understand and overall meaningful content....
Lynn Fountain's webinars are concise and thorough. Anyone without experience would get a clear understanding of the subject matter and what's required.
Very insightful and great suggestions for creating a mutually beneficial relationship between leader and subordinates.
I love how you used very clear and specific examples! Thank you Leslie!
Good information, easy to understand. Overall enjoyed the whole course.
Short albeit good review of T&E expenses.
Some more error rectification technique may be included in this course.
A very interesting topic, another one they don't teach you in school.
helpful
Very informative
Very informative
Good
Excellent, great summary
good
Excellent - gave me a good understanding of SOX by providing the history and timeline of the changes.
I liked that he gave specific rules and guidelines to making a PowerPoint. I think there is more I could learn in this department. The best tool I will take away from this webinar is the 8H Rule.
I liked the course it was very informative.
good review material
Interesting and a good introduction
Good course!
I liked that I learned something
Basics
Good details
Good refresher on SEC Reporting and structure of reports
This is a great synopsis of the IPO process, including the key regulatory considerations and planning elements. I highly recommend this course.
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