Professional Development and Event Catalog
The GAAP Between Legal and Illegal: Financial Self-Reporting
Tuesday, September 14th 12:30pm - 1:30pm
Online
1.00 Credits
Corporate Duty to Disclose IllegalitiesAuditor Duty to Investigate Potential IllegalitiesWhistleblower ProtectionsCases and ControversiesInstructor Name: Albert D. Spalding, JD, PhD, CPA/CFF
Blazing a Digital Trail: Making Friends with Robots
Wednesday, September 15th 11:30am - 1:30pm
Online
2.00 Credits
The major topics that will be covered in this class include:Emerging technologiesSpotting opportunities to use automationResources to learn more about specific technologiesInstructor Name: Toby Groves, Ph.D.
Cybersecurity 101 for CPAs
Wednesday, September 15th 9:00am - 11:00am
Online
2.00 Credits
The major topics that will be covered in this class include:The typical IT architecture and technology components that reside in an IT environmentSpecific cybersecurity controls that are applied at each layer within an IT environmentAn overview of common cybersecurity frameworks used within the industry to establish and assess cybersecurity controlsInstructor Name: Petrina Youhan, CPA, CISSP/Dr. Kenneth W. Cooper,
Deferred Prosecution Agreements: How to Qualify
Wednesday, September 15th 10:00am - 12:00pm
Online
2.00 Credits
The major topics that will be covered in this class include:Government investigations and how they beginWhat prosecutors want to knowRespondeat Superior: What should business owners knowProactive steps to qualify for a deferred-prosecution agreementWhat is the difference between a non-prosecution agreement and a deferred-prosecution agreement?What is a well-designed compliance program?How do business leaders demonstrate a good faith effort when it comes to compliance training?Deferred-prosecution Agreements in real life.Instructor Name: Michael Santos
Entertainment and Parking: Coping with the Final Rules
Wednesday, September 15th 2:30pm - 4:30pm
Online
2.00 Credits
The major topics covered in this class include:An update on the final rules related to reporting entertainment and parking expensesDefinition of what qualifies as an entertainment expenseStrategies on how to deduct business entertainment expensesDeductibility of meals and "snacks"Situations not subject to the 50% meals and entertainment deductionHow to handle automobile issues related to employer-provided parkingProper accounting for deductible vs. non-deductible expendituresThe four steps to analyze business expensesReview of the latest federal legislation, cases and rulingsInstructor Name: Steven C. Dilley, CPA, JD, PhD
Ethics: Giving Thanks - How to Master the Art of Gratitude
Wednesday, September 15th 4:00pm - 6:00pm
Online
2.00 Credits
We'll explore what gratitude is and how expressions of it can vary from culture to culture. We'll also unpack several ways you can regularly say "thank you" to valued clients and colleagues, and we'll examine methods for evaluating gratitude in prospective and current employees.Instructor Name: Bruce Weinstein
Ethics: IRS Behavioral Insights for Accountants
Wednesday, September 15th 12:00pm - 2:00pm
Online
2.00 Credits
Behavioral insights (BI) PrimerHow and why BI are used by the IRSIRS and individual decision-makingIRS and environmental and design considerationsIRS and social normsIRS "top of mind" issues BI and Implementation of tax reform legislation BI and private debt collectionBI and online taxpayer accountsBI and taxpayer rights in "real" vs. "unreal" auditsBI and the tax-exempt approval processBI and passport renewal and revocationHow to use BI to more mindfully interact with the IRS to improve outcomesInstructor Name: Garrett Wasny, MA, CMC, CITP/FIBP
Excel - Advanced Financial and Statistical Calculations
Wednesday, September 15th 11:00am - 1:00pm
Online
2.00 Credits
The major topics that will be covered in this class include:Financial functions best practices for creating amortization schedules and calculating annual interest paymentsCalculating & summarizing data with SUMIF and SUBTOTAL functions Statistical functions used to analyze dataInstructor Name: Bryan L. Smith, CPA.CITP, CISA
Finance Transformation: Transform Skills - Day 1
Wednesday, September 15th 9:00am - 4:00pm
Online
5.50 Credits
*Future of Finance *Key skills and competencies required in the future *Why competencies are changing and their relevance *CFOs and the changing landscape in which they operate *Technical, business, people, leadership, and digital skillsInstructor Name: David Fourie,Matthew Campbell
Leading Up: Partnering With Your Boss
Wednesday, September 15th 1:00pm - 2:00pm
Online
1.00 Credits
The major topics that will be covered in this course include:Self-assessmentInfluence project management toolsInstructor Name: Jennifer Elder, CSP, CPA, CMA, CIA, CFF, CGMA, MS
Power BI - Advanced Data Analytics with Power Pivot
Wednesday, September 15th 9:00am - 5:00pm
Online
8.00 Credits
The major topics that will be covered in this class include:Introduction to Excel Power BI ToolsLoading data into Power Pivot using data modelingCreating "measures" using DAX functions and formulasUsing a date table to create time-intelligent measuresThe DAX calculation processTO SEE OUR FULL PREREQUISITE RECOMMENDATIONS AND INSTRUCTIONS, CLICK HEREInstructor Name: Bryan L. Smith, CPA.CITP, CISA
Reporting Fundraising Results: Form 990 Part VIII (& Sch. M)
Wednesday, September 15th 9:30am - 12:00pm
Online
2.50 Credits
The major topics that will be covered in this class include:Definition of "fundraising events and sales" and distinguishing operations that are outside of such characterizationAddress of what constitutes a true gift or contribution when same is paid on top of a purchase of services or goods Specifics of Form 990 inputs to be made on Part VIII Lines 1c and 8a (and noting companion Schedule G reporting) and noting insufficiency of GAAP reportingHandling PPP loan forgiveness as a revenue streamInputting data in order to bifurcate an event's participant or purchaser's payment to "gift/contribution" versus fundraising event or sale revenue streamsWhat constitutes a "solicitation" expense that need be reported on Part IX, and thus cannot be characterized as a direct expense of a fundraising event or sale Practical tips for handling revenues from silent auctions and guidance on auction of "rights to use" another's properties or services Communicating with filers' managers as to the advance work they can perform to shortcut 990 documentation needs in this arenaRamifications and results of 990 Part VIII reporting on each of the two "public support tests"Instructor Name: Eve R. Borenstein, J.D.
SOC 2 Report Walkthrough
Wednesday, September 15th 1:00pm - 3:00pm
Online
2.00 Credits
Sections within a SOC 2r report CUEC considerations Inclusive versus carve-out methods of reporting on controls at subservice organizations Report opinion types SOC 3r reporting Bridge lettersInstructor Name: Jeffrey Cook
Starting a Fraud Investigation
Wednesday, September 15th 2:00pm - 4:00pm
Online
2.00 Credits
The major topics covered in this class include:Assembling the fraud investigation teamManaging and supervising staffObtaining and managing evidenceBackground checksPublic records searchesDigital data analysisInterviewing techniquesInstructor Name: Tracy L. Coenen, CPA, CFF
Surgent's Business Writing: Professional & Effective Emails
Wednesday, September 15th 1:00pm - 3:00pm
Online
2.00 Credits
Preparing to write: what is my purpose and objective and who is my audience When email is the appropriate communication methodology and when it’s not Common email mistakes and how to avoid them Proven techniques for writing more efficient, readable, and outcome-focused emails Instructor Name: Margaret Uhrich
Surgent's Handbook for Mastering Basis, Distributions, and Loss Limitation Issues for S Corporations, LLCs, and Partnerships
Wednesday, September 15th 11:30am - 7:30pm
Online
8.00 Credits
Applicable coverage of any basis considerations within any recent tax legislation enacted before the presentation Discuss new pass-through basis calculations required as attachments to certain individual returns Executor’s new IRS form for disclosing basis in certain distributed property; what about the basis of a property distribution from a trust? How §179 limitations affect basis and how tax-benefit rule is applied Basis implications of personal assets converted to business use How to calculate basis of inherited and joint tenancy property Excess business losses and the new NOL rules, as updated by the CARES and Tax Relief Acts of 2020 The new tax basis reporting requirement for partnerships and 2020 presentation changes made to Forms 1065 and 1120-S Schedule K-1 S corporations: Beware of final IRS regulations regarding “open debt”; determine how to calculate basis; worksheets are included; understand the effect of stock basis and debt basis and IRS’s recent focus on “at-risk basis” for shareholders; recognize how AAA applies or doesn’t apply to S corporations; learn to apply the complex basis ordering rules and special elections that can have a big tax result; discuss loss limitation rules in depth; when you can have a taxable dividend in an S corporation; understand distributions of cash and property; understand the post-termination transition rules, and temporary new TCJA post-termination rules for eligible corporations, which will be important for S Corps returning to C corps LLCs and partnerships: Learn the detailed rules of §704 for preventing the shifting of tax consequences among partners or members; learn to calculate basis under §704 & for “at-risk” under §465; recognize how recourse, nonrecourse, and qualified nonrecourse debt can create significantly different tax results; learn the difference between basis and “at-risk basis”; review §754 step-up in basis rules; the economic effect equivalence test or “dumb-but-lucky” rule; learn to apply the complex rules of distribution of cash vs. property, TCJA cleans up the basis treatment of charitable contributions and foreign taxes paid Instructor Name: Lori Scarlat, CPA
Surgent's Latest Developments in Government and Nonprofit Accounting and Auditing
Wednesday, September 15th 9:00am - 5:00pm
Online
8.00 Credits
Implementing the new Yellow Book Developing issues related to performing single audits under the OMB’s Uniform Guidance for Federal Awards Key AICPA developments affecting audits of governments and nonprofits including SAS No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements, and SAS No. 135, Omnibus Statement on Auditing Standards--2019 Recent GASB activities directed towards state and local governments with an emphasis on the implementation of GASB No. 84, Fiduciary Activities and GASB No. 87, Leases Prepare for the implementation of the new FASB ASU on grants, contracts and contributions (i.e., ASU No. 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made) Develop a deeper understanding of the effects that ASU No. 2016-02, Leases, will have on nonprofits Instructor Name: Charlie Blanton, CPA
Surgent's Life After Adoption: Applying Topic 606 to Revenue Contracts on an Ongoing Basis
Wednesday, September 15th 9:00am - 5:00pm
Online
8.00 Credits
ASC Topic 606, Revenue from Contracts with Customers The FASB’s new five-step revenue recognition model, including hands-on examples and illustrations of the new guidance Presentation and disclosure requirements and examples Industry-specific implementation issues and guidance Best practices, lessons learned and opportunities to improve on the reporting of revenue under Topic 606 going forward Accounting considerations related to COVID-19-driven changes to revenue recognition processes Instructor Name: Richard Daisley, CPA
Surgent's Section 754 Step-Up in Basis: Understanding the Tax Issues for Partnerships and LLCs
Wednesday, September 15th 10:00am - 12:00pm
Online
2.00 Credits
How and why a partnership makes a 754 election The effect of the 754 election when an interest in a partnership is sold or inherited How the 754 election applies when a partnership makes a distribution of property to one or more of its partners How to make the 754 basis adjustment Instructor Name: Mike Tucker, Ph.D., LL.M., J.D., CPA
Surgent's Top 10 Celebrity Estate Mistakes and How to Avoid Them
Wednesday, September 15th 1:00pm - 3:00pm
Online
2.00 Credits
Overview of estate planning The dangers of a Power of Attorney The most important aspect of a will Role, scope, rights, and responsibilities of an executor Benefits of incorporating a trust Bequests Caring for a pet Claims against the estate Insurance Consequences of poor estate planning Instructor Name: Ciro Poppiti, Esq.