Certified Audit Training Course

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Online registration for this course is now closed. Please contact the Member Service Center at (850) 224-2727 or (800) 342-3197 if you wish to inquire about registering.

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Overview

20 Credits
IN-PERSON

Established in cooperation with the Florida Institute of CPAs and the Florida Department of Revenue (DOR), the Certified Audit program was created to increase voluntary compliance by taxpayers, and is a true form of privatization.

Under the Certified Audit Program, taxpayers are able to hire specifically trained and DOR-approved CPA firms to conduct sales, use and local-option tax audits in accordance with DOR standards and the technical standards of the CPA profession.

For further information on the Certified Audit program, please click here.

Objectives

Participants will be able to expand their sales tax consulting practice through conducting certified audits, assist clients with sales and use tax issues and demonstrate proficiency in Florida sales and use tax through certification. The course will prepare participants to sit for the Certified Audit Examination (CAE) and to perform sales and use tax audits that are satisfactory to the Florida Department of Revenue.

Major Topics

  • What is the Certified Audit program
  • Who is eligible to participate: staff, CPAs, firms and clients
  • Training and exam requirements
  • Suggestions for marketing the service to potential clients
  • Overview of the Certified Audit process
  • Sales and use tax rules in Florida
  • Sales and use tax audit techniques
  • Industry-specific sales and use tax rules and requirements in Florida
  • Developing and writing the Agreed-Upon Procedures

Designed For

CPAs who are interested in becoming certified to conduct Certified Audits with new and/or existing clients, and/or earn a Certified in Florida Sales and Use Tax (CFST) specialty designation only after completion of the training course and successfully passing the Certified Audit Examination (CAE). Individuals may elect to obtain a CFST specialty designation to show expertise only and not conduct Certified Audits.

Prerequisite

To conduct certified audits, both the individual and firm requirements listed below must be met:

Individuals must have:
" An active Florida CPA license.
" Attended the mandatory 2.5 day certified audit training (CATR) course.
" Passed the certified audit exam (CAE).
" Issued a Certified in Florida Sales Tax (CFST) specialty designation from the Florida Department of Revenue.
" Renewed their CFST (if applicable)
" Engagement team staff must have completed the self-study training and passed the exam (CAST)

Firms must have/be:
" A current on-site/system peer review with a Pass (previously Unmodified) opinion.
" A staff member trained on the Florida Multi-Tax software (software and training are provided at no expense by DOR).
" A licensed audit firm with the Florida Board of Accountancy.
" Engagement team staff (outside of those receiving the CFST) who have completed the Practitioner Level Certified Audit self study training and passed the examination.
" Certified Audits performed as "agreed upon procedures" subject to SSAE as established by the Auditing Standards Board of the AICPA.

Advanced Preparation

Advanced reading is required.

Sessions

Please select the appropriate session or option below to continue with your online purchase

Monday, October 27, 2014

Course Materials

This meeting will be in Room 114 of the Tallahassee Community College Capitol Center

This course was developed by the Florida Institute of CPAs and the Florida Department of Revenue.

On Wednesday and Thursday, class times are 8:30am-4:30pm. On Friday, class time is 8:30am-12:00pm.

FICPA Seminar EZMaterials! Instead of picking up paper manuals at the event, you’ll be able to download the EZMaterials as searchable PDFs to your laptop, tablet or other device seven days before the event. For an additional fee you may choose to purchase a hardcopy of the seminar manuals. If requested during registration at least eight days prior to the course, your hardcopy will be available for pickup at the event. Click here for more information.