Auditing Financial Statements Part I: An Overview of The Financial Statement Audit 1 CPE

great overview of the control environment, types and pros/cons

It was packed with detailed information with great structure!

Ethical issues are sometimes downrated, what is not correct. Great presentation.

I like to read the slide decks in the pdf format. The pdfs for this course were not sufficient to learn the content.

Exactly as advertised, an introduction to NFP accouinting. As a new board member of an NFP, I found this very helpful. Thank you.

happy to pass the exam at one time, Great and thanks you.

Great information about useful tools. Didn't know there were so many plugins available

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.

Very basic course that would serve as a very high-level intro for someone with no prior accounting or payroll experience. I liked the practical examples using actual amounts and journal entries.

Well written material that I could use as a supplemental reference in addition to the actual text wording verbatim from the ASC standard that I could always go back to during my actual work as an accountant in the actual practice may it be professional service setting or in the industry.

Very interesting course! ..................................................................

The excitement of the content combined with the enthusiasm and insight of Mr. Wasny make this course, along with those he presents on AI, the most inspiring and motivational I've experienced on this platform.

I believe that there is some audio repetition about half way through. Great course, might just want to take a look at that.

Good refresher course on how to use pivot tables. I like having a workbook to test with along with the lesson.

Acquired knowledge. presented clearly and succintly. Would take subsequent courses if available.

This text based course was very detailed and provided good examples of real world application

The course is well organized and easy to understand!

Great course on ethical and regulatory considerations for remote employees. This will interest you!

A wonderful summary of key concepts of AI and machine-learning. Excellent material.

The material was well presented but surprise by the level of difficulty of the questions.

I Like the course because I heard the Sox but never work with it. I had some idea what is about but the course give me the all picture of the tool.

Well organized content laid out in a logical manner.

Love Blair's webinars! Definitely wish there were more available on Illumeo. He is one of my facotire presenters!

Good advice and steps to consider. The slides were nicely laid out to use as references in the future.

This course was a good refresher. This course is ideal for people not as familiar with accounting. Thank you.

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.

This was a great course to introduce me to features of excel that I have never used to give me a great understanding of how they might be used in practical everyday applications of Excel.

I like the trick to think of at least 3 options or choices in deciding on solutions to a problem.

Great course - Well structured, interesting content and engaging instructor.

Concise review of journals, ledgers and GL. Good use of examples. The PDFs are extremely helpful as I listened to the recording.

Solid course for understanding frameworks for ethical decision making. Useful for all types of businesses.

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Interesting and informative course with relevant information to understand the controllership function. Easy to follow and understand.

Excellent course on some basics of Strategic Management. Nice intro for newcomers in the workforce who have not grasped the importance of strategic placement in the market.

Detailed and informative course with plenty of examples to illustrate application of laws into practice.

it was a really good course as instructor had everything laid out in detailed slides and was very well explanated with examples.

This course provides some great information. The topics covered are very helpful as well.

Well structured overview of the course by instructor

Thank you for providing an informative opportunity to complete my ethics cpe requirement.

This is a really good informative course--thanks for putting it together.

Good overview and introduction in the terms of fraud, comprehensive slides

Great course on the basics of professional skepticism, an invaluable trait to have as a member of any engagement team. Even after transitioning into an industry position, this remains an area of heightened importance and this course has reaffirmed my commitment to high integrity.

Might be nice if there were more theory vs straight up calculations.

Material not specific enough in terms of definitions and concepts.

Excellent speaker who is clear, concise, and gave relevant examples that supplemented the course theories.

Great way to ground myself in the basics and refresh/sharpen my skills.

Concise content and very helpful considering the global business environment and impact of digitalization driving the increase in fraud incidents.

I've used pivot tables for a long time and didn't realize that the calculated field and calculated item functions existed. Will be very beneficial going forward.

Appreciate the way it was very much helpful to me, thought me well.

Material and review/exam content was not crisp and clear. Review question & answers were not accurate. Exam questions and answers were confusing and subjective.

Very informative tools and materials for a financial accountant's daily work life! Practice makes perfect!

I liked the course, slides and examples provided. The questions were also were relevant and not overwhelming. Hope to see more courses by this author

Excellent discussion and presentation of ethics for organizations!

this course directly helped me in my own working capital analysis project for my company, and confirmed a lot of aspects of working capital I was already familiar with to confirm my analysis was on the right path.

Helpful information about automating reports in Excel. Recommend.

Excellent course. So much detail and is good reference material to have available.

Jennifer speaks very clearly, which makes it easier to understand. This course covered a lot of ground.

Great teacher! I like how he thoroughly explains each point/topic.

Lynn, the generational divide is an important concept to understand when hiring. This class helps me to understand the challenges in how I must lead the different members on my Team. The biggest challenge is in group meetings and in Team building. This course is very helpful. Thank you, Larry

I found the course to be very informative. I was not aware of the details from the international front.

Basic concepts are explained for beginners and easy to undetstand.

I appreciated the presenter's focus on materiality.

I'm not really in the mood to write a review right now, but if I must I guess I'll say the course was good. Was that 50 characters?

I dont think you needed to get political with your exam question. Especially since its opinion. It seemed a bit unethical.

A good course and easy to understand, organizations should focus on continous improvement.

Very interesting study. Clearly stated and kept my interest

Overall helpful in understanding the differences between profit and not for profit. It got a bit confusing because the examples titles sometime did not match the explanations.

Good course overall. The instructor is knowledgeable and interactive, but it was hard to follow and keep up at times because the instructor went a little too fast and used too many technical terms.

If you want a good refresher or overview of ASC 606, this course provides that. If you wanted answers on how COVID impacts the application of ASC 606, this course is good at identifying questions to consider but leave many questions unanswered.

Decent refresher course, plus you learn a few items to make excel easier.

Amazing explanation. Very clear articulation.

Helpful reminders to remain proficient with excel and stay away from more manual bad habits.

I think Mr. Cook is an excellent presenter. Why aren't there more written / graphic / notated materials included with the CPE? More expensive CPE products generally include a PowerPoint. More important would be a transcript which can be very valuable for busy note-takers. I'm surprised these are not made available.

This course is relatively political for accounting and finance professionals. Giving a few examples of politicians or politically linked business leaders isn't necessarily the best way to present ethical issues. Climate change also isn't necessarily an imminent concern for accounting and finance professionals.

Great addition to illumeo. Really helps keep up with the Ethics requirement in a timely manner.

This course was well developed and well presented. Good coverage of the subject.

This was a good refresher course on financial statement basics.

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.

Great course of audit committee effectiveness in the aftermath of 2007

Great content! I really learned a lot about how to apply Excel functions to financial planning & analysis.

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.

Even if you know Excel, can be a useful refresher course I learned a few new tips.

Exam questions too many! they should be broken to three or four parts!

Very informative and helpful. Internal controls are important in every organization.

I liked the comparison and contrast between traits and skills and how some qualities may overlap.

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 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.

The course was great and bery thorough. I enjoyed the various cases they really added to the experience. The instructor spoke at a good pace, and was pretty engaging. Overall i would definitely recommend this course to anyone who is looking to learn more about revenue recognition.

Good overview. Good coverage of topics on the asset and liability side.

Very clear, but basic overview. Hots on all the major topics needed to begin accounting for simple transactions.

Recommended for anyone who needs a refresher on auditing or anyone who is about to go through an audit!

The course overall is great! You even walk away with a few useful macros and definitely a better understanding of how to apply VBA to your everyday life.

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

Additional notes which you could review are required. I really don't like the annoying phrase which he repeats at the end of each unit.

Would love to take deep-dive version of this course, if available.

Very useful as a practical guide and as a historical perspective (I was very involved with SOX work from the beginning until 2011, when my employer got bought by a European company).

Solid overview of the terms and definitions surrounding a financial statement audit.

The course is great for refreshing the skills in Pivot Tables. It is very informative and detailed. The presenter discusses the topic in a step-by-step procedure making it very clear and easy to understand.

Excellent course lead by an effective instructor. Great content.

Great Course I think we need more documentation.

The course was interesting but could have been more organized and concise. The key concepts tested are spoken not listed on the slides.

Very well spoken and concise summary of the major updates

good review and ideas for any manager. Thanks for the ideas

The course materials and contents were well put together. Every lesson was clearly put together that it was easy to follow and grasp the information presented. As an Examiner of Accounts in the Office of the Auditor-General; Supervisors of Audit, other Examiners, Audit Clerks, and Government Tax Auditors.

Sussman is excellent. He was one of my MBA professors so I was excited to see him on this platform. If he's teaching a class, you want to take it.

I thought the wording used on the exam questions was somewhat unclear.

The information was informative and gave a good overview of forensic accounting. Also, the instructor made it very easy to follow and understand the topics.

The material is excellent but the instructor is monotone and simply reads the slides. The material is relevant and up to date but do what you have to so you can stay awake!

Course was very helpful. Quiz questions were not as aligned to Payroll accounting as they could have been.

Great refresh on statements of cash flows. Good to review for the differences between direct and indirect methods if you are used to use one more consistently.

I highly recommend this course to anyone working in accounting. The class material is filled with lots of examples. Great class.

The speakers talk a bit too fast at certain topic.

While I appreciated the course content, the course itself was slow paced. I would prefer faster pace.

good refresher course for auditors who may not have manufacturing clients regularly

great class, easy to use, material presented well, very organized, key points listed for every subject

This was well detailed while providing very efficient timely lessons of the general topic.

Some people just aren't great managers and lack the common knowledge even taught in this course to improve.

What you would expect for a foundation level course. The questions proved to be a nice refresher.

Very thoughtful and articulate presentation of usable insights. The summary of a very difficult subject was well developed and the handouts are very useful.

Overall I liked this course. Im not involved with cash flow with my current job but it was a very informative course to take for someone like myself. I would recommend to anyone looking to gain a greater understanding of cash flow forecasting.

Ease of use; the fact that is was free; relevant to my job

although some of the advice might seem too obvious, overall it's a great overview of best practices on how to prepare for the interview

It is a very good course. I strongly recommend. It shows what CPAs need to know in business. Easy to understand.

great overview. educational Bruce obviously speaks from experience.

GREAT synopsis for documenting internal controls. This course really refreshed some points that I am pursuing in my organization.

Much prefer video presentations. Case facts are much more obvious than typical fraud cases. CPA should never practice again demonstrating no knowledge and/or interest in identifying basis of fair financial presentation or uncovering significant issues with client financials.

Well-organized. Very helpful for anyone teaching financial accounting.

This course is very helpfull and effective. I think it is a good start.

The course was easy to read and understand which lead to passing the final exam.

This course is outdated, based on 2016 tax law. It is completely irrelevant in 2018/2019. It needs to be updated.

Good insight in personalities and leadership. Excellent explanations of human behavior

Ok program, doesn't fully address the fraud aspect from a practical standpoint.

A useful refresher course for anyone with an accounting or finance background. It helped to pin down some of the basic points in preperation for more involved concepts.

I found this course to be very well presented with clear action items that I am excited to start implementing!

This was a good overview to understanding BI and offered basic tools to implement.

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Very informative! Closing the month in just one day sounds impossible but will be fun to try!

The course is excellent, it adds a different perspective in the function of the CAE as part of the company.

Great insight on how Lease Accounting will change under IFRS 16. And all the decisions that must be made in properly booking right of use asset and liabilities starting next year

Too simple. I learned this as a sophomore in college - not necessary once you are a CPA.

It was a good course. I wish it would have gone into more with subtotaling as it relates to pivot tables. Never saw the need for a custom list but it was interesting to learn. My favorite part was learning the Alt = is the shortcut for SUM.

good overview, however was looking for specific examples with mathematical calculations

This was a very good insight to the Fraud schemes, statistics and fraudster characteristics. I really learned a lot. Thank you!

This course would be beneficial for consultants that work with small companies that do not have a finance department.

Helpful intro - hard time hearing the audio at times.

The final exam questions that were not fully or well discussed in the presentation.

Good content. Consider adjusting the audio to avoid impression of presenter yelling to the audience.

Thank you for the Study guide excel file it helped a lot-. Pace and articulation was awesome!

This one and the predecessor were both great courses and will be put to use.

This course covered various leadership style, with pros and cons for adopting/applying each style. However, adding to the slides the pictures of leaders ( who may or may not have demonstrated certain leadership style) was a distraction and minimized the course effectiveness. For example, was Princess Diana an inspiration leader? Perhaps not! Was Dr. King a non-authoritarian leader? Absolutely not!!! This course is about organizational leadership. Therefore, perhaps the author should use corporate leaders (past and present) and specific corporate examples to depict each leadership type AND to make the course stronger.

Excellent course for ratio analysis, very well presented

There are no slides for this series that are needed for documentation purposes.

Comprehensive overview with detailed steps to a good fraud mitigation program. Instructor laid out what was to be covered and then covered it.

Really enjoy how Marc & Paul present together - engaging!

As an auditor this is a good over view, and easy to follow of the overall financial statement process we go through in order to issue a set of financials.

Course was good and time was right. However, the survey functionality is not working. I have had to take the survey 5 times.

Very insightful and great suggestions for creating a mutually beneficial relationship between leader and subordinates.

Great review. Covered a lot of points to remember and implement as needed.

The instructor gives me much to think about. There is so much in here that I think many aren't willing to say even though we know it to be true. There are many politics involved in the workplace. It is unfortunate, but reality, and he helps you to work through this unfortunate reality.

If I could have given 6 stars, it mightn't have been enough. He provided a very practical roadway to finance excellence. Great enthusiastic and knowledgeable presenter.

Very informative and detailed. Highly recommended.

Very well organized material presented in a very professional manner by a highly qualified instructor. Blend of humor along with the important information was a plus.

Very thorough and valuable information. I noticed after I was part way into the course that the copyright mark is 2015 so I wonder what's different in 2017? I'll have to look into it....

Simply the best instructor I have found on Illumeo. Extremely thorough, technical and practical.

A useful and technical course topic which was presented in a clear and concise manner.

This is a great course in terms of the material but everything felt rushed.

Great overall review! very clear and concise. highly recommend to a new person or to someone who has been away from accounting for a while.

Acceptable for a general quick overview, but not useful to assist in implementation of any of the concepts.

The instructor explains the concepts with relevant examples which makes it easy to understand and apply. The course is well structured and detailed to provide step by step procedure for creating RBIA approach.

A right to the point course with good examples and explanations. Everything is explained in the pdf material also. He talks fast but clear.

A lot covered in a short period of time, which I like!

Gives great examples

like this class a lot

Very Complex. Should have shown how the present values were calculated

Helpful information!

Liked to keep up to date with new changes.

Very clear

Instructor is very animated - good basic overview/refresher.

Hits on all the basics! Good refresher course.

This was a good refresher course on CVP

Great Course

interesting ideas

interesting.

n/a

None

Excellent course for finance professionals.

great suggestions

ok

A very interesting topic, another one they don't teach you in school.

na

Instructor was easy to understand and provided good examples in the presentation. The handouts and materials were very helpful learning tools also.

2

helpful

Very informative

Good

Good information especially for someone new to accounting.

It's an interesting subject especially for young professionals. The exam was quite a challenge.

good

Good overview of SEC Reporting

Good overview of 606.

intesting

Engaging and knowledgeable presenter.

liked the convenience; it was good information

Nice

Course was WAY more basic than anticipated.

Clear and concise - great examples provided. A great course for any experienced auditor.

I would like to know what I got right and wrong on the exam.

Now I use the sub total function.

Great course and fun info (as fun as ethics for CPE can be).

good review material

Great class will implement the information on subtotal tomorrow will look for more of these

interesting info

Interesting and a good introduction

I appreciated that the course talked about CPAs in business not just in public accounting.

I really enjoyed course. I would like to be able to see the correct answer for exam questions wrong.

Concise and easy to watch

Very good course hoping to find a 2.0 version.

I liked that I learned something

Bud is simply an excellent teacher. Terrific content and he leads with a passion for what he is teaching.

Good finance intro

Great tips!

I truly enjoyed the review, it included advance and basic information where anyone from any point could gain some new information and follow along.

Helpful

Fun and revelating

People Management

Excellent course

Enjoyed it.

Perfect review with many real examples! Will take other courses from Mr. Stice.

Good description of the audit and report

Killer Opening.

Great course!

Very good course with detailed guidelines.

Great tips!

Good course on Auditing Cycles and Audit Completion

Good point

excellent refresher

Excellent Course!!

A bit of a rehash of Part 1 - but still a valuable rehash Got to love Excel for this one :)

Overall discussion of contracts

Some repetitive material

Enjoyed the examples used to emphasis points of discussion.

Bullet points - not the entire conversation or presentation - Please!!!!

Great class! The handouts are the icing on the cake!

Helpful information to efficiently manage emails.

Great instructor, great overview!

Done

I really like Lynn's systematic explanations, as she explores every facet of every skill needed in today's internal auditor.

ok

As is true for his other sessions, this has a tremendous amount of material which can be somewhat overwhelming. Good stuff, though.

Good overview of SOX 404. I found the information to be very useful.

Excellent presentation.

The course is great, however, the video sometimes disconnect in the middle and have to wait and drag to make it work

l like learn about this course and subject We will follow full courses for an intense love thank you very much

A quick refresher of excel tips that was definitely worth my time.

This course is worth checking out. Like most Excel programs, it covers some items that should have been learned through regular use but is lso shows some new approaches.

This class explained clearly with many examples and different scenarios how to use and the benefits of Cost-Volume-Profit Analysis

The course was excellent. It met my expectations.