Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Entry Level Staff – A&A Staff Level 1 (SL1)

16-Hour Program

WHY ATTEND THIS COURSE?

Bridge the gap between academia and practice.

Public accounting requires a high level of technical competency which begins the first day of hire and continues throughout a professional’s career. The rapid pace of the changing world of accounting requires new technical knowledge with each addition to the professional standards. The academic environment prepares graduates with a level of conceptual knowledge. Upon entering public accounting practice, firms must transition that knowledge of concepts into practical application for staff to develop quickly with the level of technical competency required by  the professional standards.

DESIGNED FOR...

Entry level staff accountants.

Public accounting firms that want to develop newly-hired staff quickly with opportunities for advancement find that a consistent, continual formal training combined with practical application on the job will provide the best opportunity for quality performance. This is the first of three levels of staff development to begin the process.

OBJECTIVE

To provide guidance and hands-on experience with case studies to staff in their technical development and enhance performance required by the standards.

MAJOR SUBJECTS

  • Professional standards
  • Understanding the similarities and differences between preparation, compilation, review and audit services
  • Financial reporting frameworks
  • Procedure requirements of preparation, compilation, review and audit engagements
  • Documentation required for all levels of service
  • Use and application of analytical procedures
  • Focus on preparing documentation properly

COURSE ACRONYM: SL1

PRESENTATION METHOD: Group-live

LEVEL OF KNOWLEDGE: Basic

PREREQUISITES:

  • 12-15 months’ experience.
  • Basic knowledge of SSARSs and SASs

ADVANCE PREPARATION: None

FIELD OF STUDY: Accounting & Auditing

RECOMMENDED CPE CREDIT:

  • Accounting: 8 hours
  • Auditing: 8 hours

Only 8-hour qualifies for the 24-hour Yellow Book requirement. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor-specific basis depending on that auditor’s Yellow Book clients. Note that the determination of course qualification is a matter of an auditor’s professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.


SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.