Professional Development and Event Catalog

FAQ - Accounting and Auditing

This program hits the mark by reviewing real issues and questions asked prior to the session by accountants who are past attendees of our seminars. The course covers "live" issues dealing with accounting and disclosures, preparation services, compilations, reviews, and audits. This course lends practical solutions to issues that may confront those in practice.

Equity Compensation Accounting

Public and private companies with stock options and restricted shares generally make equity-based, non-cash payments to employees and directors as part of their compensation or to suppliers as payment. This course provides an accounting resource for companies making equity-based payments and illustrates the financial statement impact of equity-based payments. ASC 718, Compensation-Stock Compensation, provides accounting guidance for sharebased payment transactions with employees and for non-employee payment transactions, such as to members of the Board of Directors or to suppliers.

Accountant's Liability: Balancing Risk and Reward

"Which clients should I engage with?" "What services will I provide?" "How will I deliver those services?" Every decision a CPA makes, and every action a CPA takes, has risk implications. The benefits of each decision made must be balanced with its professional liability risk. In this course, you'll learn how to identify and evaluate the risk implications of your decisions and learn strategies to respond based on your firm's level of risk tolerance.

Accountant's Liability: Balancing Risk and Reward

"Which clients should I engage with?" "What services will I provide?" "How will I deliver those services?" Every decision a CPA makes, and every action a CPA takes, has risk implications. The benefits of each decision made must be balanced with its professional liability risk. In this course, you'll learn how to identify and evaluate the risk implications of your decisions and learn strategies to respond based on your firm's level of risk tolerance.

Basic Staff Training - Level 1

Finance and Innovation

Innocation drives economic growth. The key to reigniting the America economy is reigniting innovation. Innovation can be fostered, nurtured, encourage and sustained by our companies and organizations. Innovation is not soley the purview of marketing, sales, service or production. Financial managers can create organizations that thrive on innovation or kill new ideas. They may choose to develop and maintain the status quo. Truly innovative finance professionals provide new, more meaningful and actionable information to all employees.

Revenue Recognition: Satisfying Performance Obligations and Special Considerations

This course addresses step five of the five-step process for revenue recognition under FASB ASC 606, Revenue from Contracts with Customers. Step five deals with identifying when the transfer of control occurs under FASB ASC 606 and whether a performance obligation is satisfied at a point in time or over time. This course also moves beyond step five to address special considerations, such as licensing, warranties and principal versus agent determinations. In addition to these specialconsiderations, this course also deals with identifying requirements for recognizing incremental costs of obtaining a contract with a customer in accordance with FASB ASC 340-40, Other Assets and Deferred Costs - Contracts with Customers.

Understanding the COSO Framework for Internal Controls

Internal controls over financial reporting are used to prevent, detect, and correct misstatement. They also help to reduce the chance that fraud will occur. The auditor is required to obtain an understanding of an entity's controls as part of the risk assessment process. This workshop will provide participants with an opportunity to explore the design of controls over the significant systems typically found in a small and medium-sized client through the use and understanding of the COSO framework.

Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know

The effective date of FASB ASC 606, Revenue from Contracts with Customers, is upon us! Do you know which contracts are within the scope of the standard and when revenue should be recognized at a point in time of over time? This course answers those questions by providing a basic understanding of the five-step process for recognizing revenue under FASB ASC 606. Supported by practical examples, this course addresses core principles that all CPAs need to know. Recent updates to this course include the latest guidance from FASB, industryspecific examples taken from the AICPA Audit and Accounting Guide Revenue Recognition, as well as disclosure illustrations.

Semi-Senior Staff Training - Level 2

The Bottom Line on the New Lease Accounting Requirements

Which leases are within the scope of FASB ASC 842, Leases, and what are thebasic accounting, financial reporting and disclosure requirements? This course addresses those questions by focusing on the basic core principles of this new major standard. Discussion includes basic identification, recognition, measurement, presentation and disclosure requirements. Case study exercises are included to illustrate application of the standard.This course discusses the lessee accounting model, including lease classification, amortization of the right-of-use asset, and interest on the lease liability. This course also discusses the lessor accounting model, including profit recognition and collectability.

CFO - Creating Competitive Advantage

The CFO Series provides a convenient, one-stop way for CFOs and those who aspire to be CFOs, to an complete entire year of CPE with a single decision. Each day consist of a subject matter expert leading discussions about four different topics. The CFO Series features high-quality presenation and an interactive, executive level colleague-to-colleague approach with case studies, group disussions, and team exercises.

Streamlined Tax Staff Training - Individual

Essential knowledge for the new income tax return preparer presented in an information-packed day of practical instruction. Return preparation techniques are illustrated using real practice situations culled from hundreds of "tax organizers" and thousands of client questions. This program is a great jump start for the career of the new accountant.

Disclosure: The Key to Financial Statements

A company's financial statements are far more than just financial data. This is where the disclosures become key to explaining what the numbers may not be able to on their own. Keep your professional reputation stellar by making sure your financial statements are up-to-speed. This course will explain and illustrate disclosure requirements, clear up misconceptions on practice problems, correct disclosure deficiencies most frequently cited by peer reviewers, and illustrate revenue and lease disclosures based on Topics 606 and 842.

Tax Staff Training

Designed for the accountant with more than two seasons' tax experience who is ready to take more responsibility for providing and supervising tax services to clients, this program includes income taxation of estates and trusts, special rules affecting controlled groups, and transfers of partnership interests. Program participants will learn how to comply with professional standards, prepare written tax advice, represent clients before the IRS, and produce quality tax research using Code, Regulations, IRS Published Guidance, Committee Reports, and case law.

Beginning In-Charge Staff Training - Level 3

2022 FASB & AICPA Update

For over 30 years, the FASB and AICPA Update has been the most popular course among all of our seminars. This course is a must to keep professionals on top of the continuing changes in the accounting profession. Whether these changes are in accounting technical standards or professional standards, the course authors will provide practical guidance including standards' review and implementation guidance where appropriate.

Larry Stein's 2022 Busy Season Tax Update, Including 1040 Tax Update

Come join Larry Stein as he discusses new tax developments. New tax laws and IRS guidance will be featured. New compliance and planning ideas will be reviewed. Key planning opportunities will be highlighted. Tax compliance traps will also be discussed.

Dangers of Improper Revenue Recognition

Headline after headline points out how pervasive improper revenue recognition has become. Through lecture and short case write-ups, this program will identify improper revenue recognition techniques. In addition, the program will address quality of earnings, which is in the forefront of this scandal-ridden environment.

Larry Stein's Pass-Through Entity Immersion Workshop

Come join Larry Stein as he discusses "S" Corporations and Partnerships (LLC and LLP). The focus will be Schedule K-1 to 1040. Key planning opportunities will be highlighted. Tax compliance traps will also be discussed.