Self-Study
Engaging with Specialists: Supporting Complex GAAP Estimates and Auditor Expectations
Price range: $116.00 through $136.00
Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
4 Credits: Accounting
Course Level
Overview
Format
Self-Study
Course Description
This course focuses on the use of specialists in financial reporting and the accounting areas where their input is often necessary. It helps CPAs recognize when to engage valuation, legal, actuarial, or tax experts to support management’s assumptions in complex or high-risk areas. The course covers transactions such as business combinations, impairments, share-based compensation, and legal or environmental contingencies. It also explains how to evaluate a specialist’s work, document key judgments, and respond to auditor expectations. This course provides lasting insight into the intersection of technical accounting and expert input, helping professionals navigate complexity with confidence.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Recognize circumstances where management may need to engage a specialist
- Differentiate between the types of specialists commonly used in financial reporting
- Identify the requirements with respect to evaluating a specialists qualifications
- Distinguish between management’s responsibilities and the specialist’s role
- Recognize accounting topics and transactions where specialist input is frequently applied
Course Specifics
SS125443849
September 8, 2025
There are no prerequisites.
None
89
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Kelen is a recognized author and reviewer of CPE courses and has authored over 145 courses (350+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s Journal of Accountancy. Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP. Prior to HP, he served in multiple …
QAS Self-Study
