Live Stream: Top 10 Technology Risks and Trends Every CPA Should Know
415 | Livestream | Basic | Scheduled
Description
The use of technology by businesses of all types, including CPA firms, has exploded in recent years creating the need for proactive and robust cybersecurity risk management practices. This course will explore the most common technology risks and trends that every CPA should know to better advise and serve clients. In addition, this course explores audit procedures that can be performed to address the risk in this area.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Auditing |
| 2.00 | Information Technology |
| 3.33 | CLE |
Designed For
CPAs in either public or private practice with accounting, financial reporting or attest responsibilities
Highlights
- Discuss importance of securing client data
- Describe how to avoid malware and other security threats
- Explore recent SEC cybersecurity guidance
- Discuss risks from the use of audit software
- Explain threats to independence resulting from hosting the client's data
- Explore how data analytics are being applied in audits
- Explain the trends and risks related to blockchain
- Describe migrating data to a cloud-based environment
- Explore the recent Cybersecurity Risk Management Framework
- Discuss attest service options related to a client's cybersecurity risk management program
Objectives
- Discuss current trends in information technology applications
- Explain how to best manage information technology-related risks that CPA firms face when providing professional services to clients
- Explain how auditors are leveraging technology on their engagements
- Describe the Nonattest and attest service options available to assist clients with cybersecurity risk management
Prices
- Member (Early Bird)
- $169.00
- Non-Member (Early Bird)
- $219.00
- Member
- $169.00
- Non-Member
- $219.00
Instructors
Thomas Newell, CPA
Thomas E. Newell, Jr. (Tom) is a shareholder in the firm of Newell & Newell, P.C., which is located in Columbus, GA. Tom started the firm with his wife, Silvia Newell, CPA in 1986. Prior to that, his public accounting experience included both local firms and international firms.
Tom has performed hundreds of peer reviews and has been involved with the peer review program since 1989. Tom served on the Georgia Society (GSCPA) peer review committees from 1989 to 1993. In 1993, he was selected to be one of the technical reviewers for the Georgia Society Peer Review Program and served for nine years. During his time as technical reviewer, Tom worked with the GSCPA to move the peer review committee from in-person to online meetings. Tom has also served several years on the accounting and auditing committee at the Georgia Society.
Tom has been a presenter at conferences and CPE courses for over 30 years. He has been a frequent presenter for the Georgia Society of CPAs at the Southeastern Accounting Show, Tax Forum (A&A topics), and the Accounting Institute. Tom is also a discussion leader for various continuing education courses on A&A topics for other state societies. He has made presentations at Fortune 500 companies and several government agencies on accounting and auditing, internal controls, and cybersecurity. As a presenter, Tom has been described as a dynamic speaker who is able to take a boring topic (accounting and auditing) and make it interesting.
He was awarded the Surgent Outstanding Discussion Leader Award in 2015, 2016, and 2018, as a result of these skills. Tom was recognized in 2018 by the AICPA as an Outstanding Facilitator for his consistently high evaluations of knowledge and presentation skills. As the world of presentations has been changing, Tom has been a champion of moving to virtual presentations. He was involved in the early years of simulcasting by various state CPA societies, as well as the recording of video and audio self-study courses. Tom is now prepared for the next wave of change toward the totally virtual classroom that simulates a true live classroom experience.
Tom graduated cum laude from Georgia Southwestern College in Americus, GA in 1980.
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