Live CPE webinars are the most helpful and convenient way to fulfilling your CPE requirements. CPAs can get intensive training on all the essential topics in a short period of time. With high quality interactive courses, taught by professionals and expert instructors, CPE live webinars is the solution for those looking to maintain their professional competence.
Webinars vs. Webcasts
Webinars are different from webcasts.
Webcasts cater to a large audience and have a one-way flow of information over the internet, without much room for discussion. The content is mainly in the form of an audio/video stream, pre-recorded lectures or presentation slides.
Webinars, on the other hand, are online interactive meetings where the content is highly educational and training-based. The audience for webinars is usually smaller and the mode of instruction involves a lot of discussion via polling and Q&As.
What can you learn through CPE Webinars?
CPAs can become more productive by taking part in a comprehensive series of webinars that tackle real-world case studies. You can improve your skills and meet CPE requirements by taking these online interactive courses. They are designed to keep you informed regarding the latest legislation, standards and advanced programs through real world case studies and theoretical coursework.
Topics that CPE live webinars may cover include the following:
Management Accounting - This is a branch of accounting that covers everything from financial statement analysis, fraud and cash receipts, internal controls, customers and supply chain management to risk management, forecasting and long term strategic planning.
Auditing - This CPE course is designed to expose CPAs to the latest regulations in the auditing industry. Auditing courses typically take a case-study based approach to teach about 401(k) plans, audit sampling, fraud considerations and how to report them and several such topics.
Tax - A CPE course with a focus on tax, will discuss the updated AICPA Statements on Standards for Tax Services (SSTSs) along with the AICPA Code of Professional Conduct. Topics covered in tax webinars CPE would include everything from buying and selling a business to professional ethics and responsibilities in tax practice.
Consulting Services - CPE course for professionals in this field would help you gain technical knowledge regarding the different kinds of risks facing organizations. Learning about consulting services will help you recommend methods of managing risks in an organization and identify the management roles and responsibilities that can solve the problems within a workplace.
International Accounting - The International Financial Reporting Standard (IFRS) would be covered in this course. The IFRS undergo frequent updates and a CPE webinar would cover new regulations, exposure drafts and pronouncements along with recently issued FASB, PCAOB and ASB standards.
Internal Controls - To learn about the latest updates on corporate culture and its effects on governance, compliance and risk, a CPE webinar teaching about internal controls is ideal. This course will help CPAs understand the current common frauds in various accounting processes across businesses and methods to control them.
Not-for-Profit - CPE courses covering this important aspect of real world business accounting will develop an understanding of the constituents of unrelated business income, their reporting standards, allocation of costs and the unique characteristics of not-for-profit accounting.
Fair Value Measurement - Accounting professionals specializing in fair value measurement learn about identifying what determines the fair value of different assets of a company and the complications related to measuring their value.
Live CPE webinars are offered in a variety of other courses as well. Whatever your intended or existing specialization as a CPA is, you can find a course that will help you update your knowledge in the area.
Understanding the CPE Standards
Before you enroll yourself in a CPE course, be mindful of your state’s CPE requirements. Every state has its own regulatory body that provides all the guidelines relevant to CPE credits.
How to report CPE credits?
The standards for reporting CPE credits are determined by the AICPA and NASBA (the National Association of State Boards of Accountancy). They tend to vary from state to state. For those enrolled in CPA CPE webinars, contacting the relevant state bodies is important before reporting credits.
What is the recommended CPE credit?
The Recommended CPE Credit is calculated according to the latest CPE standards. These recommendations are made in accordance with the results of a pilot test by CPAs. The average minutes spent by pilot testers on a specific course are then divided by 50 to give you the recommended CPE credit number.
If you are wondering whether you can take all CPE credits in a year, the answer is yes. Furthermore, you can complete all your CPE credits via self-study as well.
Note: CPE credits are counted according to a 50-minute hour.
Keeping your accountancy knowledge and your CPA qualification updated is a requirement to ensure providing quality professional services to your clients and avoiding violations of GAAP, GAAS, IFRS and other accepted accounting standards.