Professional Development and Event Catalog

Form 990: Best Practices for Accurate Preparation

Form 990 filing requirements  Form 990 preparation sequencing and how to pull together necessary data  Keys to getting Form 990 preparation correct the first time  Addressing presence of related organizations  Identification of managers and measurements of their compensation  Form 990 versus books-and-records financial statement detail  Disclosures of governance inputs and Boards' employ of policies

Nonprofit Industry Update and GAAP Refresher

Not-for-profit industry updates  Major accounting and disclosure issues specific to nonprofit organizations  Single audit update  Yellow book (GAS)

Larry Stein's 2021 Guide for "S" Corporations - Going Beyond the Basics

Part One "S" Corporations - Tax Planning and Compliance (200 Minutes) "S" shareholder stock and basis "S" Corporation reasonable compensation "S" Corporation distributions - IRS audit focus issues "S" Corporation Sch. K-1 Other income tax issues Part Two  "S" Corporations - Tax and Estate Planning (200 Minutes) "S" Corporation trust "S" eligible shareholders "S" reorganization issues Passive investment income developments Using "S" Corporations and LLCs together

Not-for-Profit Organizations Conference

Larry Stein's 2021 Guide To LLCs And Partnerships

Part One - Limited Liability Companies (200 Minutes) Entity selection Single-Member LLCs Multi-Member LLCs LLCs vs. "S" Corporations Real estate LLCs Joint ventures Using LLCs and "S" Corporations togethe Operating agreements - Key tax issues Charging order issues; Asset protection LLCs - Entity conversions Part Two - LLC Taxation (200 Minutes) IRS SECA tax audit focus New tax capital account rules Schedule K-1, Form 1065 199A tax compliance IRC 704(a) and 704(b) - Allocation IRC 754 - Optional basis allocations IRS form issues - Form 8308 (hot assets), Form 8275 (disguised sales), and more! CPAR - Centralized Partnership Audit Regime

Risk-Based Audit Standards

Risk assessment process and procedures  Audit planning and strategy  Internal control environment  Risk assessment audit standards  AI basics, applications and practical uses  Audit procedures to mitigate risk  Materiality and tolerable misstatement considerations  Documentation, communication and best practices  Linked and tailored audit procedures

FASB and AICPA Update

This program focuses on all things the accounting professional should be aware of including:  Accounting standard updates (ASUs)  FASB projects  Audit service issues  ARSC initiatives, preparation, compilation and review updates, and initiatives  AICPA activities and profession update

Larry Stein's 2021 Guide to Giving Your 60+ Client a Planning Checkup

Part One - 60+ Clients (200 Minutes) The family home Form 1040-SR Homesale exclusion Social Security income inclusion; Social Security update Medical deductions; Medicare update Long-term care Retirement planning update Part Two - 60+ Clients (200 Minutes) The "Love Letter" to your family Estate planning update Form 1041 tax compliance Gift tax compliance IRAs and 401(K)s after SECURE Act and CARES Act Selected life insurance tax issues Basis Succession tax issues

Financial Reporting Implications of the COVID-19 Pandemic (Afternoon Session)

Impairment accounting model for long-lived assets, including PP&E and goodwill Accounting for inventory and accounts receivable reserves Accounting for debt restructurings, including troubled debt restructurings, rent holidays, and other revisions to debt agreements Going concern evaluation and required disclosures Other financial statement presentation and disclosure issues

Going Concern Accounting and Reporting Considerations in the COVID-19 Environment (Morning Session II)

Current FASB accounting standards related to going concern, including the new requirements of ASU 2014-15 Evaluating risk of material misstatement in financial reports related to improper presentation and disclosure of going concern uncertainty The responsibility of an independent accountant for evaluating going concern uncertainty under various levels of engagement to perform attest and nonattest services New requirements of SAS No. 132 and SSARS No. 24 related to an auditor's responsibility for considering going concern uncertainty

Lease Accounting: The Impact of Changing Standards on Both Lessors and Lessees (Morning Session I)

Outcomes of the recent FASB and IASB Joint Project related to Leases Differentiating between accounting and reporting requirements for operating and finance leases Evaluating possible material misstatement related to lease recognition, measurement, presentation and disclosure

Accounting for Exchange Transactions, Contributions and Gains and Losses (Morning Session)

Exchange transactions  Contributions  Gains and losses

Accounting for Expenses in a NFP (Morning Session)

Expense reporting  Natural and functional expense reporting

Disclosure - The Key to Financial Statements

Special emphasis is given to common disclosure deficiencies noted in practice  Recent changes in accounting guidance that impacts disclosures  Risks and uncertainties and accounting policies  Liabilities-how debt violations impact classification  Uncertain tax positions  Accounting changes, error corrections, and other categories in the income statement  Cash flow statements

Preparation, Compilation, and Review Engagements: Update and Review (Afternoon Session)

Overview of preparation, compilation, and review guidance  Accounting and reporting issues  Current practice issues  Common deficiencies in peer reviews  Current and future standard setting projects

Tax Planning for Small Businesses (Afternoon Session)

Starting a business-the tax life of a business  Selecting a business entity type  The Tax Cuts and Jobs Act  Section 199A and the Qualified Business Income deduction  Accounting Methods  Compensation of owners-hiring family members  Reasonable Compensation  Depreciation, Section 179, and bonus depreciation  Transactions with owners  Buy-Sell and Noncompete agreements  Exiting the business-special exit techniques

Developing Your Alternative Workforce (GIG) Strategy (Afternoon Session)

Relevance of the alternative workforce to the finance team  Internal and external business drivers  Components of an alternative workforce strategy  Risks and opportunities of developing an alternative workforce

Financial Reporting Update for Tax Practitioners

ASC 740 considerations related to the CARES Act  Recent standard setting and consulting activities at the FASB  Proposed updates to income tax accounting and financial statement disclosures  Tax-basis financial statements  Recently issued Statements on Auditing Standards and other audit related hot topics  SSARS No. 21, Clarification and Recodification, and other recently issued and proposed SSARS

Current and Upcoming FASB Issues (Morning Session 1)

Recently issued ASUs, including broad and narrow topics  Current FASB exposure draft and projects  Private company financial reporting  Other important accounting matters