CPE & Event Catalog

Accounting methods. Tax impact of real estate acquisitions. Tax impact of rental and leasing agreements. Landlord and tenant transactions. Foreclosures. Sale of real estate. Tax management strategies.

The genesis of accounting controls. Common fraud risk factors. Fraud triggers. Control principles. Terminating controls. Controls education. Receiving concepts.

Applying the acquisition method. Recognizing and measuring assets and liabilities. Recognition conditions. Recognition of specific assets acquired and liabilities assumed. Intangible assets. Accounting alternative for eligible entities. Leases acquired. Exceptions to the recognition requirement. Measuring assets acquired and liabilities assumed. Measurement principle exceptions.

Records management overview. Record storage systems. Elements of a records management system. Electronic records management.

Recruiting. Hiring.

Balancing career and motherhood.

Related Parties under IRC Section 267. Related Parties under IRC Section 707. Related Parties under IRC Section 1239.

14 day or 10% rule. Basics of rental rules. Vacation home rules. Renting to relatives. Counting days and ordering rules. Depreciation. Personal home converted to rental. Sale of personal residence. Schedule E or C. Short-term rentals.

Retailing relationships. Customer relationships. Strategic planning. Types of retail establishments, and more.

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.