Casino Auditing Companies
AICPA Revenue Recognition Task Forces are charged with developing revenue recognition implementation issues that will provide helpful hints and illustrative examples for how to apply the new Revenue Recognition Standard.
Task Force Members:
Because the casino business involves huge amount of financial transactions that include paying out winners and general management of running the casino operations, it is empirical that proper management of the flow of financial transaction is observed thus giving primary important to the process of casino auditing. Browse 5 CASINO REVENUE AUDITOR Jobs ($27K-$84K) hiring now from companies with openings. Find your next job near you & 1-Click Apply!
- Karl Brunner, Deloitte & Touche LLP (Chair)
- Frank Albarella, KPMG LLP
- Bruce Bleakman, REDW LLC
- Tom Haas, American Casino & Entertainment Properties, LLC
- Kevin Karo, BDO USA LLP
- Richard Lobdell, Osage Casinos
- Sam Marcozzi, Grant Thornton LLP
- Anthony D. McDuffie, Boyd Gaming Corporation
- John Page, PricewaterhouseCoopers LLP
- Patrick Pruitt, Ernst & Young LLP
- Sandra Schulze, International Gaming Technology
- Mike Winterscheidt, Scientific Games Corporation
Feedback Requested
Draft Revenue Recognition Implementation Issues included for informal comment, when available, will be listed below.
Respondents should submit any comments including the implementation issue number to kim.kushmerick@aicpa-cima.com by the dates noted below:
The Gaming Entities Revenue Recognition Task Force recommends the following AICPA products for current revenue recognition issues:
When
Campus Location
Office/Remote Location
Description
Casino Auditing for Gaming Regulators
The objective of this 3-day course is to provide attendees with an in-depth understanding of the complexities of auditing casinos from a regulatory perspective. Attendees will also learn the process of developing effective internal control standards using a risk-based approach.
Day One:
- Planning a Casino Regulatory Audit. Attendees will learn effective aspects of effectively planning an audit, assess key risk factors, and development of audit programs.
- Analyzing Casino Financial Statements. This session examines the types of financial information typically developed in the casino environment, key components of financial information, and analytical tools for analyzing financial information.
- Casino Internal Control Standards. Attendees will learn how to use a risk-based approach for developing and evaluating casino internal control standards, assessing mitigating controls and consideration of cost-benefit factors.
Day Two:
- Internal Audit Function. This session analyzes the casino internal audit function, including assessing independence, evaluating the effectiveness of internal audit and using internal audit results in determining the scope of a regulatory audit.
- Casino Management Systems. Attendees will learn the fundamentals of a casino management system, ticket-in; ticket-out systems, cage and credit operations, financial reporting systems and risks for fraudulent activity.
Day Three:
- Understanding Table Games Statistics. Attendees will learn about house advantages of various games, techniques used to analyze statistical information and the impacts of credit play and promotional schemes.
- Understanding Slot Machine Statistics. This session discusses the development of theoretical hold percentages, analyzing actual hold percentages and the impacts of progressive payouts, bonus pays and other promotions.
- Cage Operations. Attendees will learn the components of cage operations, including analyzing typical cage documentation.
- Credit Play and Collections. This session provides insights into the extension of casino credit and the collection process, including understanding the pitfalls.
Instructors*
- Dennis Amerine, CPA is a former member of the Nevada Gaming Control Board and chief of the board’s audit division. He has assisted numerous governments around the world in the development of internationally accepted regulatory standards and has trained hundreds of regulators on the essentials of regulating the casino gaming industry.
- Lynda Hartzell, CPA; CFE is a former chief of the Nevada Gaming Control Board’s audit division. She has served as a consulting manager for a CPA firm, a senior accountant and senior audit manager.
- Rick Hector has over 30 years of experience auditing casinos for the Internal Revenue Service and has provided training for hundreds of gaming regulators around the world.
- Stephanie Maddocks is an expert in casino IT systems. She has assisted numerous casinos in the implementation of casino management systems and the integration of systems within the resort casino environment.
*Instructors are subject to change.
Price
$1,300.00 - includes all classroom materials and a certificate of completion from the University of Nevada, Las Vegas.
A continental breakfast, lunch and afternoon refreshments each day will also be provided.
Admission Information
To attend, please register.
FAQs
Who can attend this event?
This 'regulatory only' program is available exclusively for gaming regulators and policy makers who work in a commercial, tribal or international gaming jurisdiction. No industry or operator participation. Gaming Control Board and Commission members, or other governmental officials, with regulatory oversight or policy making responsibilities, are also welcome to attend.
What is included in the registration fee?
The fee includes all classroom materials and a certificate of completion from the University of Nevada, Las Vegas. A continental breakfast, lunch and afternoon refreshments each day will also be provided. All other expenses, including airfare, ground transportation, evening meals and incidentals are the responsibility of the participant.
Are there recommended accommodations?
In addition to the large number of hotels located on the Las Vegas Strip, a number of participants choose to stay at hotels that are within walking distance of the Stan Fulton Building:
There are also several hotels within a 5-minute Uber/taxi ride:
Is transportation or parking available?
We encourage participants to arrive either by taxi, Uber or Lyft. However, parking passes can be reserved for a limited number of spaces on the UNLV campus.
What is the attire for the program?
The attire is business casual.
Casino Auditing Companies Inc
What is the refund policy?
- In the event a course is canceled, registrants will be notified as soon as possible and receive a full refund of their registration fee. The International Center for Gaming Regulation is not responsible for any travel and related expenses or other expenses incurred by any participant due to a course cancellation.
- A service fee of Twenty Percent (20%) will apply to all participant initiated cancellations received three (3) weeks prior to the event.
- A service fee of Fifty Percent (50%) will apply to all participant initiated cancellations received two (2) weeks (14 days or less) prior to the event. In the event you need to cancel, you may substitute another person to attend in your place. However, you will need to inform us in writing no later than two (2) business days prior to the start of the event.
- All cancellations and refund requests must be made in writing. Refunds granted for credit card charges will be credited to the original account charged. No refunds will be given in the event of “No Shows.” Refunds may take up to 4 weeks for processing.
Casino Auditing Companies Hiring
Where can I contact the organizer with any questions?
For additional questions, please contact Robert Horgan, operations director, International Center for Gaming Regulation: robert.horgan@unlv.edu or 702-895-2445
External Sponsor
The International Center for Gaming Regulation is one of three research centers within the International Gaming Institute, on the campus of the University of Nevada, Las Vegas. The Center's mission is to promote research and learning in the areas of gaming regulation in jurisdictions around the world.