Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This certificate program is valuable for aspiring or current audit committee members and finance leaders who wish to enhance their knowledge and expertise in financial reporting and strengthen their relationships with the audit committee. It will also enhance your credibility, respect from peers and audit committee and add value to your organization.
This course will feature valuable audit committee content, a marked assessment, an Audit Committee Certificate and a digital badge upon successful completion of the course.
This course comprises two modules:
- Module One: Audit Committee and the Role of the CPA
- Module Two: Emerging Trends and Evolving Responsibilities
The Audit Committee has one of the most important roles in an organization. Be it a public company, private company or not-for-profit entity many organizations must have, or may voluntarily create an Audit Committee. The Audit Committee has extensive responsibilities including but not limited to compliance and ethics. The Audit Committee typically handles the review of financial reporting, risk management and controls, audit activities and compliance activities.
Beyond the traditional roles and responsibilities listed above, the Audit Committee must continually amend their processes, to accommodate changing circumstances in order to be effective. The responsibilities assigned to the Audit Committee, some legislative but mostly best practice, will be examined in detail in this course.
Topics Included:
| Module | Topic | Sub-Topics |
|---|---|---|
| Module One: Audit Committee and the Role of the CPA | Traditional Role of the Audit Committee and Why it is Misunderstood |
|
| How the Audit Committee is supposed to function |
|
|
| How the Audit Committee has functioned - Pitfalls to Avoid |
|
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| Module Two: Emerging Trends and Evolving Responsibilities | Emerging Roles of the Audit Committee |
|
| Emerging Best Practices of the Audit Committee |
|
Key Takeaways
The course offers:
- An outline of the audit committee's roles and responsibilities in relation to monitoring the audit process, anti-money laundering, reviewing fairness and transparency of financial reporting.
- An understanding of the way the audit committee works with other committees and the Board of Directors.
- A listing of emerging trends that are causing a shift in the responsibilities of the audit committees.
- Best practices for performing a reasonability review of financial results.
Earn a Digital Badge
Our new collection of digital badges can be earned through the completion of any of our certificate programs offered in our professional development catalogue. Collect these digital badges to add to your website, social profiles, email signature and more. These badges are an easy way to visually communicate your skills and accomplishments to your peers and network. Digital badges will be awarded based on course completion requirements.
Who Will Benefit
Examples of professions who may benefit from this course include:
- Existing or aspiring members of audit committees
- Internal auditors
- External auditors
- Compliance professionals
- Finance Managers
- Senior Accountants
- Chief Executive Officers
- Legal Advisors
- Audit Firm Partners
How to Access the Course
We're pleased to invite you to register for our Certificate courses. Whether or not you're a CPA, you're more than welcome to join us on this learning journey. To get started, you'll need to create an account. Don't worry if you don't have a CPA Ontario ID yet; you can easily set up your account right here. Let's begin your learning adventure together.
This is an online session. This course is available 24 hours a day, 7 days a week. Once registered, you can access the material at any time.
However, you will only have access to the course for 90 days after REGISTRATION/COURSE START DATE whichever comes later.
To access the course please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.
Speaker(s)
Philip Maguire, CPA, CA, is a principal in Glenidan Consultancy Ltd., an accounting practice that specializes in Compliance and Internal Audit. Philip has over 30 years of business experience in Canada, Hong Kong, the Philippines, Ireland and the United States. His organization has implemented assignments across a variety of industries for companies with market capitalizations ranging from $50 million to $2 billion. Before he formed Glenidan Consultancy in 2005 Philip was a Vice-President of Finance at one of the country's largest financial institutions. He is also the founder and Managing Director of Executive Mentors Inc.
Testimonials
I did the Audit Committee Certificate in September. It was excellent. I appreciated all the extra information provided. The case studies were great! I liked that it used specific Ontario examples. That made it feel relevant rather than theoretical. Thank you!