CPE & Event Catalog

Generally accepted audit requirements related to testing controls for operating effectiveness. Identifying key controls that may prove effective and efficient to test in a control reliance strategy. Responses when deviations are discovered when evaluating the design or operating effectiveness of internal control. Leveraging audit evidence available for SOC1 Reports. General computer control considerations when evaluating the design and operating effectiveness of internal control over financial reporting.

Understanding cyber threats and risks in finance. Cybersecurity frameworks and best practices for financial professionals. Financial data security and encryption techniques. Cybersecurity auditing and forensic investigations. Emerging technologies and trends in financial cybersecurity. Leadership and governance in cybersecurity for financial executives.

Overview of the four loss limitation rules and how the PAL rules interact with the other limitations. Definition of a PAL including a detailed review of the 7 determining factors contained in the Treasury Regulations with a review of several recent court decisions that interpret this regulation. Impact of PAL rules on real estate ownership. Learn the six nonshelterable Passive Activity (NOPA) rules that act as anti-abuse rules to the PAL rules. Discuss how the PAL rules impact tax credits. Discuss tax elections and planning techniques associated with PALs.

Divorce and ongoing payment issues dealing with alimony and child support. Documents protecting a client going forward, including pre-nuptials, cohabitation agreements, post-nuptials and many others. Advanced income tax issues, including like-kind exchanges, filing status issues, credits and asset sales. Advanced retirement issues, including dissecting qualified, personal retirement, and nonqualified plans, QDROs, past and defunct plans, and using retirement assets to equalize assets. High-level valuation issues, including closely held business, stock redemptions, partnership redemptions and stock options.

The downside of traditional retirement asset accumulation strategies. Threats to a successful retirement. Holistic retirement planning: how personal goals integrate with tax, estate, risk, and investment management principles. Matching investment assets with the appropriate retirement plan and distribution strategy. Review the provisions of the SECURE Acts and how they will impact retirement planning.

AI-powered ideation and opportunity identification techniques. Digital asset creation workflows using generative AI tools. Audio and video content generation using AI avatars and synthesis. E-commerce integration and product development strategies. AI-driven presentation and visual content creation. Social media content optimization and distribution. Multi-format content transformation.

Exploring AI applications in accounting and finance. Understanding AI features in everyday tools. Embracing the future: AI's impact on finance and accounting.

Analysis of upcoming trends and anticipated shifts in estate planning practices. Review of legislative updates affecting estate planning strategies. Advanced techniques for minimizing estate taxes and maximizing wealth transfer efficiency. Integration of digital assets and technology into estate planning frameworks. Consideration of unique challenges presented by blended families, same-sex marriages, and non-traditional relationships.

Overview of AI and its evolution in business. Deep dive into generative AI and its applications. Impact of AI on accounting, tax and finance sectors. Future trends and opportunities for CPAs. Preparing for the AI-driven business environment.

Recognizing the importance of each of the key components of a sound system of internal controls over financial reporting, regardless of a nonprofit entity's nature, size or complexity. Understanding the critical role of IT general and application controls to reliable financial reporting, even in less-complex IT environments. Exercise in documenting an understanding of the design of internal controls for common classes of transactions for nonprofit entities. Identifying and evaluating the sufficiency of key controls to satisfy control objectives. Understanding the importance of verifying whether an understanding of the design of internal controls has actually been "implemented", and how to exactly go about doing that.

New GASB standards: GASB 100. Accounting changes and error corrections. GASB 101. Compensated Absences. Practical case studies.

Overview of ATGs. Best practices for utilizing ATGs. Salient provisions of selected ATGs. Insights auditors may obtain from analytical procedures. Nuances associated with selected industries.

Various types of penalties: Accuracy related, fraud, understatement of valuation, reporting requirement, failure to pay, and pay or deposit penalties. Rules on waiver of penalties and interests. Various forms and procedures for requesting relief. First Time Abatement: Requirements and procedures. How an individual taxpayer qualifies for Reasonable Cause abatement. Procedures for requesting refund of paid penalties. Available administrative options.

Debt terms that impact classification of debt, such as due on demand and subjective acceleration clauses, and more. Proper treatment of short-term obligations that are expected to refinance within the next 12 months. "Revolving" credit agreements, where short-term debt is automatically replaced with other short-term debt for a specified period of time. Differentiating between debt modifications and troubled debt restructuring. Debt covenant compliance special considerations, including the proper form of waiver of rights to call the debt for violation.

Recent tax legislation and developments related to choice of entity - such as sole proprietorships, single member LLCs, partnership/LLCs, S corporations, and C corporations. Impact of the Section 199A deduction. Ramifications of the C to S election and the S to C election; Corporate tax rate to individual tax rate comparison examples. Other related topics.

CECL for nonfinancial institutions. Accounting for Paycheck Protection Program loans. Accounting for web-hosting services. Revenue recognition. Leases. FASB projects in progress.

GASB pronouncements. Single Audit issues. Yellow Book issues. Audit issues. Federal funding challenges.

The nuts and bolts of a Single Audit. Overview of the GAO's Fraud Risk Management Framework and the importance of fraud risk in a Single Audit. Specific audit issues arising relating to the continued Pandemic and Infrastructure funding programs. Review of unique elements of the 2025 Compliance Supplement (if available). Recent changes to specific Uniform Guidance rules and regulations.

Salient provisions the AICPA Code of Professional Conduct. Examination of actual frauds. Discussion of internal controls that could have prevented or mitigated actual frauds. Contemplation of epiphanies for your own professional scenarios. Implications for professional conduct and compliance with professional standards.

A deep-dive look at the Section 199A flow-through entities deduction. Calculation of qualified business income. Self-rental rule for 199A compared to self-rental rule for passive activities. Differing impact on the sole proprietorship, partnerships and S corporations. Forms reporting in Form 8995 and Form 8995-A. 199A flowchart.