CPE & Event Catalog

What are digital assets? Understanding cryptocurrencies. Understanding blockchain. NFT's (Non-Fungible Tokens), their role and impact. Explaining the crypto language.

Information technology general controls testing. Audit execution. Workpapers.

Detailed coverage of calculating the combined qualified business income amount. Determine what trade or businesses under Section 162 are eligible for the QBI deduction. Discuss how the 20% QBI deduction is subject to a wage and capital limitation and SSTB income is phased-out for taxpayers with taxable income above the inflation adjusted threshold amounts. Walk through the simplified QBI Form 8995 and detailed Form 8995-A and related schedules. Determine what wages and unadjusted basis immediately after acquisition (UBIA) are for those subject to the wage and capital limitations. Look at what the definition of QBI is and what items are effectively connected with that trade or business. Review the aggregation rules for the QBI computation and both the entity and individual level. Walk through the reporting responsibilities of partnerships and S corporations to their owners on the Schedule K-1s. Explain how the modifications to the net operating losses (NOLs) and Section 461(l) excess business loss limitations affect the QBI computation.

Creative thinking. Productivity. Neurodiversity. Inclusion. Employee retention.

Ethical issues over the years. Types of business ethics issues. Structure and application of the AICPA code of professional conduct. Role of social responsibility in shaping corporate behavior. Factors for evaluating ethics. Ethics 101 and decision making. Profiling ethical culture.

Management. Leadership. Cultural variances. Generational variances.

Data analytics. Journal entry testing. Fraud detection.

Digital asset. Financial assets. Ownership vs. access. Digital estate planning. Identity theft and hacking.

Review the AICPA Code of Professional Conduct and key Washington differences. Discuss new developments at the national and state level in ethics in the last three years. Explore best practices for CPAs in public accounting and industry. Highlight emerging issues.

Key factors for determining if an individual is a good candidate for a 72(t)payment program. Strategies for calculating 72(t) payment amounts. How to avoid transactions that could result in a modification. The exception that allows switching of the 72(t) calculation method. The exception that allows a 72(t)-payment program to be discontinued.

Pricing. Sales and advertising. Inventory. Production shortfalls. Profit targets. Unrealistic break-even point. Excessive cost-to-production volume. Weak sales mix. Potential loss of a contract. Risk-return unbalance. Risk in the industry. Inability to finance- what that does to business development. Inability to curb financial problems, and more.

Tax rates and tables. Filing status. Gross income. Dividends and distributions. Discharge of debt income. Exclusions from income. Nonbusiness and personal deductions. Education and medical expenses. Casualty and theft losses. Tax credits. Landlord's rental expenses. Health insurance costs. Home office deduction. Travel and entertainment expenses. Employee expense reimbursement and reporting. Automobile deductions, and more.

Section 179D commercial buildings energy-efficiency tax deduction

PCAOB standards. Artificial intelligence in accounting. Financial disclosure requirements. GAAP compliance. Automation for accountants. Financial reporting. Audit report writing.

Recent FASB accounting standards updates and effective dates. Government grants and assistance accounting. Hedge accounting, derivatives, and credit loss standards. Accounting for software costs and internal-use technology. Crypto asset accounting and disclosure requirements. Business combinations, VIE acquisitions, and joint ventures. Share-based considerations, profits interests, and customer incentives. Income tax disclosure enhancements. Audit quality management standards and risk assessment updates. Peer review findings and common audit deficiencies. Attest vs. nonattest services and SSARS guidance. Professional ethics, independence, and recent interpretations. Group audits and component auditor considerations. Use of artificial intelligence in accounting and auditing.

One Big Beautiful Bill Act (OBBBA). New tax laws and recent updates. General income tax review. Practices, procedures and professional responsibility.

Key FASB accounting updates. Revenue, credit losses, and financial instruments. Business combinations, joint ventures, and complex entities. Technology and emerging areas. Expanded disclosure requirements. Audit quality and risk management. Audit execution topics.

Recent FASB Accounting Standards Updates overview. Interim reporting disclosures. Accounting for government grants received by businesses. Derivatives and hedge accounting improvements and scope clarifications. Credit losses and CECL application, including Topic 606 receivables. Accounting for internal-use and cloud-related software costs. Share-based consideration payable to customers. VIE acquisitions and acquirer determination. Crypto asset accounting at fair value. Investments in tax credit structures. Joint venture formation accounting. Convertible debt and induced conversion accounting. Profits interest and share-based compensation awards. Income tax disclosure enhancements. Codification improvements and expanded financial statement disclosures, including disaggregation of income statement expenses.

Tax brackets. Tax credits. Deductions. Education credits. Business deductions and credits. Retirement plan contribution and phaseout limits, and more.

Review the best way to design 3-Statement Modeling, which have been prioritized for presentation and printing. Use separate corkscrews to build debt and equity schedules, including detailed instructions for installing a dynamic revolving line of credit. Understand the correct linkages between the three financial statements and how to use the balance sheet as an error detection system for the model. Discuss the two circular loops in the financial model and how to connect them to a circularity switch to reset the model when needed. Pull important figures from the financial statements into a rich dashboard with graphs highlighting critical model insights. Summarize model checks on the cover page with conditional formatting to alert the user to any areas of concern in the model.