CPE & Event Catalog

Significance of the retirement plan beneficiary. When to designate a beneficiary. New class of beneficiary. Primary vs. contingent. Beneficiary required distributions. Trusteed IRA.

Deferred compensation. Vesting. Individual plans. Tax-free rollovers.

Pricing strategy. Revenue management tactics. Hotel-specific revenue management. Menu engineering.

Why the change in the revenue recognition standards. Evolution of the revenue recognition standard. Five step process for revenue recognition. Financial statement presentation issues, disclosure requirements, and transition guidance. Recent developments.

Applying Topic 606.

Revenue analysis. Margin analysis. The price component. The volume component. The mix component. The cost component.

Identifying the contract(s) with a customer. Definition of customer. Combination of contracts. Portfolio level vs. Contract-by-contract basis. Contract modifications. Identifying the performance obligations in the contract. Determining the transaction price. Allocating transaction price to performance obligations. Recognizing revenue when (or as) the entity satisfies a performance obligation.

Documentation as a means of audit quality. Responsibilities of the workpaper reviewer. Appropriate review notes at various phases of the engagement, including before and after audit report date and report release. Important tips for providing reviews notes that will promote an effective and efficient financial statement audit.

Common security weaknesses that occur with hardware and software at home and in the office. Malware, ransomware, data breach, and incident response tips. Internal control failures which result in the theft of assets or unauthorized manipulation of data.

AGI limits. Roth contributions. Modified adjusted gross income. Designated Roth account. Roth conversions. Early withdrawal penalty tax.

The primary ways in which Roth IRAs can be funded. What makes a Roth IRA distribution qualified. The ordering rules for Roth IRA distributions and when they should be used. The tax reporting requirement that an IRA custodian should meet for a Roth. IRA distribution.

Payroll tax advantages. Requirements to form an S corporation. The S corporation election. The annual S corporation tax return. Accounting methods. Section 199A deduction for qualified business income. S corporation distributions. Differences between the S corporation and other entities.

Estates and trusts as eligible shareholders. Form 1120S, Schedule B-1. Grantor trusts. Estate and gift tax treatment. GRAT and GRUT. Beneficiary controlled trusts.

Gains and losses realized. Asset transfer. Stock transfer. Sale of assets. Purchaser's tax consequences. Allocations. Effects of agreement.

The dynamic field of S corporation taxation.

Schedule K-2. Form 1116. Foreign tax credit. Schedule K-3. Schedule K-2. Schedule K-1.

S corporation invalidation. Reporting violations subchapter S. IRS examinations of S corporations. S corporation dos and don'ts.

Tax planning for S corp. Audit triggers. Compliance regulations. Social security benefits.

SEC climate-related disclosures. Climate-related risks. Guidance on climate-related opportunities. Transition plans, scenario analysis, and internal carbon prices. BOD oversight of climate-related risks. Targets and goals. Financial statement effects. Expenditure effects. Financial statement disclosure requirements.

Greenhouse gases. Carbon offsets and renewable energy credits. Climate-related risks. Risk management process. Financial statement effects. Financial impact metrics.