Continuing Professional Education. As part of your audit firm’s quality control policies, it maintains a record of continuing profession education (CPE) taken by professional staff members. Following is information on some of the classes, sessions, workshops, and conferences that the auditors of your firm have attended in the past year.
________1. A session dealing with the source of current revenues and three- year projections of revenues for the state.
________2. A conference on estate planning.
________3. A workshop on ?oFactors to Consider in Determining the Actuarial Value of Pensions??.
________4. A session on the risk assessment suite (SAS 104-111).
________5. A session on the role of audit committees and how to form an effective audit committee.
________6. An online ?oPrinciples of Accounting?? course.
________7. A workshop on ?oFederal Grant Administration??.
________8. A session on GASB’s derivative standard.
________9. A conference on ?oHelping Individuals Meet Their Long-Term Financial Goals?? (a financial planning conference).
________10. A session on problems associated with implementing an enterprise resource planning system (ERP).
Required
It is your responsibility to determine whether the classes, sessions, workshops, and conferences attended by the auditors could be used to meet the GAGAS requirement that auditors earn 24 hours of CPE in government-related areas every two years. In the space to the left of each item, indicate whether the item qualifies (Q) or does not quality (DNQ).