This session revisits managerial accounting techniques that you may not have considered for many years, even though they could be invaluable for CPAs in both business and public accounting. You will appreciate a fresh perspective of concepts you may not have considered since your college days. We will illustrate concepts with practical examples that you can immediately bring back to the office! This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Apply fundamental principles of data modeling in Power BI to integrate various data sources effectively.
- Determine the most appropriate scenarios for using calculated columns versus measures in Power BI data analysis.
- Choose and implement the correct type of DAX measures (explicit or implicit) for specific data modeling needs.
- Use pivot tables in Power BI to validate and refine data measures, ensuring accuracy and reliability in reporting.
Major Topics
The major topics that will be covered in this course include:
- Specific matters auditors should consider when obtaining and documenting an understanding of the client's internal control system
- Development of a tailored audit approach that considers the potential reliance on internal controls
- Guidance for establishing an adequate basis for reliance on internal controls of less formal, smaller clients
