CPE & Event Catalog

An overview of control frameworks and concepts. Strategic considerations that can be incorporated into control development. Understanding and controlling risk that arises when organizations change or choose not to. The COSO Internal Control Framework and the COSO ERM Framework.

COSO. Auditing.

Corporate culture. Strategic planning. Leadership. Staff development. Use of Generative AI.

A taxonomy of accounting: tax, financial, managerial. A spectrum of direct and indirect absorption costing. Fact-based Data with Activity Based Costing (ABC ). Why do we need advanced management accounting techniques, such as ABC? How the ABC cost assignment network structure connects costs to products and sales channels. Learn to use ABC to manage product, service-line, channel, and customer profitability. Understand two views of costs: (1) process view versus (2) product view. Comparing ABC with time-driven ABC, resource consumption accounting (RCA), lean accounting, and other costing techniques. Operational Costing to Optimize Process Costs - How driver-based budgets and rolling financial forecasts lead to productivity improvement and cost reduction. Applying Attributes to assess value-added costs and costs of quality (COQ). The Shift in ROI's Source from Tangible to Intangible Assets. Increasing the ROI from information with Corporate Performance Management (CPM) as a Value-Multiplier. Accelerating the Rate of Adoption for Implementing and CPM. Understand the barriers that slow the adoption rate of CPM: technical, misperceptions, model design, and social / cultural. How to overcome behavioral resistance to change.

The accounting research transformation: Comparing Google vs. AI methodologies. AI ecosystems and specialized models for accounting applications. Advanced prompt engineering techniques for financial and tax research. AI-powered search engines and deep research platforms for accounting professionals AI as an ideation and thinking partner for complex accounting problems Specialized accounting research tools and AI superstores. Persona priming and P&P stacking methodologies for optimal AI interactions. Ethical considerations and limitations of AI in accounting research. The compliance chess effect: AI's impact on tax planning and regulatory response. AI-driven automation for regulatory updates and compliance monitoring.

Understanding formula conventions. Working with functions. Examples of powerful Excel formulas.

Tips for improving efficiency with QuickBooks and QuickBooks Online. Better reporting when working in QuickBooks environments. Tips for cleaning up QuickBooks and QuickBooks Online instances. Managing inventory more effectively when working with QuickBooks and QuickBooks Online.

Discuss the calculation of basis when the entity is formed including the impact of contributed property Explain the importance of shareholder loans to the entity Uses a comprehensive example to illustrate the mechanics of the basis determination process Schedules K-2 and K-3 Discuss how basis is impacted by distributions of corporation property Explain how basis is impacted by sale/or liquidation of the S corporation interest S corporation losses and how they impact Form 1040 Schedule E reporting Show how to get from the Schedule K-1 information to the basis calculations Comprehensive example to illustrate the mechanics of the basis determination process

Income tax-basis financial statement presentations. Cash and modified cash financial statement presentations. Innovative and EBITDA type reports. OCBOA engagements. AICPA Financial Reporting Framework for Small and Medium-Sized Entities.

Communication. Confidence. Leadership.

Determining when filing a Tax Court case can be a strategic benefit. Learn how to file the case. Understand the steps and deadlines in the Tax Court process. Review the settlement process. Know when the case gets to the point where you need help.

Yellow Book engagements. Independence requirements in GAGAS. Quality management in Yellow Book. Common deficiencies found in Yellow Book engagements.

Recent tax legislation, rules and developments related to capitalization and depreciation. Qualified improvement property. Section 179, including inflation adjustments. Section 168(k) 100% bonus deduction. Depreciation of automobiles, including new luxury auto limits. Rev. Proc. 87-57 and MACRS. ADS depreciation for electing farm and real estate business. Update on recent developments.

Utilizing ChatGPT for IRS tax law research: principles and practices. Navigating IRS databases using advanced ai techniques. Using IRS prompt templates: in-depth analysis and application. ChatGPT in action: case studies and real-world scenarios. Exploring IRS tax laws: strategies, loopholes, and compliance. Error prevention and correction in tax law research. Future trends: AI's evolving role in taxation and accounting.

Sources of workplace conflict. Conflict resolution strategies. Communication skills and active listening. Conflict management techniques.

Review common deficiencies identified by the AICPA and state boards of accountancy. Feature discussion on a variety of topics, including analytical procedures, sampling, group audits and risk assessment. Review of the areas of concern and how you can overcome them by employing best practices.

Underlying concepts of internal control. Defining where and why controls, policies and procedures are needed. Legacy control measures that are still important for businesses today. Creating control measures that address the use and protection of technology.

Leveraging prompt engineering in ChatGPT for various accounting tasks. Exploring the applications and limitations of ChatGPT in accounting. Empowering efficiency for everyday accounting tasks.

Extensive review of the partnership tax laws with an emphasis on any new legislative changes. Overview of different forms of business entities including the check-the-box regulations. Formation issues including the mandatory allocation of the Sect. 704(c) pre-contribution gain or losses back to the contributing partner/member. Schedule K and K-1 separately stated versus non-separately stated income and expense items. Detailed Schedule K-1 reporting including the 20% qualified business income (QBI) deduction and 3. 8% net investment income tax. Calculating the tax and Sect. 704(b) book capital accounts. Substantial economic effect requirement to have special allocations to the partners/members. Allocation of recourse and non-recourse debt on K-1s. Guaranteed payment issues and tax treatment of fringe benefits. Self-employment tax issues and pitfalls. Tax treatment of distributions cash versus non-cash and liquidating versus non-liquidating. Sales and liquidations (redemptions) of partnership interests. Sect. 754 optional basis adjustments and mandatory adjustments.

Extensive review of the partnership tax laws with an emphasis on any new legislative changes. Review the Form 1065 to learn how income statement items get reported on the partnership/LLC tax return and flow-thru to the partner/members on Schedule K-1. Analyze the Schedule K-1 line-by-line and discuss where the items get reported on the individual's Federal income tax return and how the items affect the partner/members outside basis. Look at detailed Schedule K-1 information reporting to partners/member's needed for the qualified business income (QBI) deduction, 3. 8% net investment income tax and business interest expense limitations. Formation issues including the mandatory allocation of the Sect. 704(c) pre-contribution gain or losses back to the contributing partner/member. Calculating the tax and Sect. 704(b) book capital accounts. Reporting recourse and non-recourse debt on the Schedule K-1Tax ramifications and reporting of cash and non-cash distributions including disproportionate distributions of hot assets. Overview of the Sect. 754 election for optional basis adjustments triggering Sect. 743 (transfer of interests) and Sect. 734 (distributions).