CPE & Event Catalog

Valuation principles and theory. Income approach. Normalization adjustments. Business valuation standards. Types of engagements.

Requirements under Generally Accepted Auditing Standards relevant to for-profit entity audits.

C Corporation characteristics. Shareholders. Payment to shareholders. Methods of accounting. The C Corporation tax return. Filing penalties. Corporate penalty taxes. The corporate spin-off.

Overview of CPA firm mergers and acquisitions. Firm valuations. Ways to build firm valuation. Timing of the merger or acquisitions event. Buyout negotiation points. Types of mergers. Due diligence. Succession planning. Ensuring successful client transitions.

Evolving trends in the accounting profession, including shifts in supplier dynamics. Advanced software solutions tailored for various service lines and niche markets. Innovative automation tools, with an emphasis on AI and machine learning in accounting. Optimized technology stacks to boost productivity and profitability.

The changing nature of the CPA profession.

Overview of capital budgeting. The capital budgeting application form. Capital budgeting strategy. Risk levels. Discounted cash flow analysis. Cash flows. The tax rate. The cost of capital. Cost of capital derivation. Constraint analysis. Other capital budgeting analyses. The lease or buy decision. Capital budgeting controls.

Recording transactions in an accounting system. The ledger concept. Cash basis vs. accrual basis accounting. Accounting for dealership expenses.

Key fraud risks impacting businesses today. Examples of fraud and the monetary impact on victims. How to create, implement, and assess technology-based internal controls to reduce the probability of becoming a fraud victim.

Operating cash flow manipulation. Reclassifying financing activities. Timing-based cash manipulation methods.

Credit markets. Credit and collection process. Financial plans. Manage debt and equity mix.

The genesis of accounting controls. The proper balance of control systems. Fraud triggers. Control principles. Controls education. Cash receipts concepts. Terminating controls.

Change management. Change management process. Change leadership. Conflict management. Evolutionary change. Transformational change.

Charitable contributions tax guide. Types of allowable contributions. Limits on deductions. Penalties.

Gifts of cash and property. Percentage limitations and substantiation requirements. Gifts of partial interests in property and transfers in trust. Community foundations, donor advised funds, and private foundations.

Financial disclosure requirements. Federal tax updates. Tax planning strategies. PCAOB standards.

Sole proprietorship. Partnerships. Limited liability companies. Corporations. S corporations. Basic fringe benefits. Retirement plans. Nonqualified plans.

Business entity tax divide. Sole proprietorship. Partnerships. Limited liability companies. Corporations. S Corporations.

Importance of quality control on audits. Why engagement budgets are not used, and how to overcome the barriers to success. Determining useful budget amounts to use as a tool. Better engagement scheduling tips for improved efficiency. Making sure the client is ready on the first day of the audit. Delegating for professional development and leveraging audit hours. Handling difficult delegation scenarios. Better engagement wrap-up tips and techniques.

Climate change and the economy. Sustainability disclosures. Climate change accounting.