CPE Catalog & Events

Intro to Remaining "Most Common" Form 990 Schedules: D & G

The major topics that will be covered in this class include:Overview of what comprises a "fundraising event or sale"Explanation of the low receipt thresholds by which Schedule G's Parts II (fundraising events and sales) and III (gaming) are invoked How Schedule G's Part II amplifies summary data inputted on Part VIII, Lines 1c, 8a and 8b Review of what constitutes gaming activityNoting the underlying three tax issues that gaming activities implicate: potential unrelated business income tax, unmet payroll tax if volunteer worker/contractor status is improperly claimed, and wagering excise taxesDiscussion of what makes a provider a "professional fundraiser" and what information filers are responsible to report in Schedule G's Part I related to their useExplanation of the entirety of Schedule D "triggers" employed upon the 990's Core Form Part IV Highlighting the common potholes Schedule D preparers face

PCAOB Updates

The audit with other auditors Strategic priorities of the PCAOB The auditor's use of confirmations Proposed quality control standard

Audit 406: Auditing Revenue Recognition - Common Risks

The major topics covered in this course include:Generally accepted accounting principles related to sales, including the newest revenue recognition model of Topic 606Common revenue recognition fraud schemes and potential audit responsesAudit responses to significant risks requiring special audit consideration related to revenue recognition

Self-Rental Real Estate: Passive Activity & Section 199A

The major topics that will be covered in this class include:Definition of self-rental property - both for Sections 199A and 469Self-rental income from directly owned properties and reporting on Form 1040, Schedule E, page 1Self-rental income from indirectly owned (partnerships, S corporations) and reporting on Form 1040, Schedule E, page 2Form 8582 (passive activity)The flow-through entity grouping electionIllustrative examples and consequences of failing to comply with the reporting standardsSelf-rental property and "former passive activities" rules

Taxation of Property Transactions

IRC Sections 1231, 1245, and 1250 Depreciation recapture Capital gains and losses Nonrecognition transactions

Anticipate Development: Moving From Employee to Manager to Leader

The differences between being an employee versus a manager or leader New skills needed Letting go of your old role Building a coaching culture Motivating people Goal setting Leader credibility Delegating tasks Handling feedback Managing friends Aligning leadership with strategy

Financial Instruments and Leases

FASB accounting standards updates in financial instruments and leases Credit losses, troubled debt restructuring, lease accounting

QuickBooks - Know the Right Version for Your Client

The major topics that will be covered in this class include: Why a Needs Assessment is the first step in deciding which software is best for your client and how to complete oneWhat are the questions to ask your client that will also assist in determining which is better - QuickBooks Desktop or QuickBooks OnlineA deep dive into the features of each version such as User Permissions, Bank Feed differences, Sales Tax, Reporting, as well as pricing comparisonsThe challenges of converting between versionsA look at what's new for 2020 in both Desktop and Online

Surgent's Guide to Partner Capital Account Reporting

How a partner’s outside basis and capital account differ Reconciling Schedule M-2 Form 1065 with Partnership K-1 Schedule L IRS requirement to report partner tax basis on the transactional approach Implications if a capital account is negative Deficit restoration accounts and qualified income offsets Modified outside basis method and modified previously taxed capital method Determining a partner’s beginning capital account  Beginning capital account for partnerships and partners consistently reporting on the tax basis The two types of adjustments under 754 and how 743 and 734 require different capital account presentations

Surgent's Use the Data Model to Build More Powerful PivotTables

Creating a data model/Power Pivot Building PivotTables from multiple tables Creating Measures Using named sets

PowerPoint for Accountants

The major topics covered in this course include:Exploration of tabs within PowerPoint's ribbonInitial creation of a slide deckUsing slide mastersUtilization of external contentSmartArtAlignments and layoutsTips and tricks for efficiencyBest practices for effective presentation deliveryOther creative uses for PowerPoint

Current and Upcoming FASB Issues

FASB recent accounting standards updates FASB conceptual framework projects FASB measurement projects FASB presentation and disclosure projects

Excel for Accounting Professionals Session 1: Tables and Named References

Analyzing Financial Statements

The major topics that will be covered in this class include:Balance sheet analysisIncome statement analysisCash flow statement analysisClues in the notes and MD&AIndustry nuances

Schedule C of Form 1040

The major topics covered in this class include:When Schedule C appliesCash v. Accrual methodTypical business deductionsBusiness vehicle expensesSection 179 and bonus depreciation

Risk Management in a Post-COVID World

The major topics that will be covered in this class include:Black Swan Risks Role of Finance, Internal and External AuditorsCOSO's Risk Management StandardsThe COSO CubeThe COSO Double HelixRisk Management Definitions Event IdentificationExpected Value AnalysisThe Heat MapThe World Economic Forum Global Risk ReportsAlternative Risk ResponsesAvoidanceReduce/IncreaseShareAccept Lessons from the Great by Choice Research Personal Risk Management

Ethics: What a CPA in Public Practice Needs to Know

Ethics for Members in Public Practice: Why Bother?Re-Introducing the AICPA Code of Professional ConductThe Eleven Rules for Members in Public PracticeThe Conceptual Framework: Avoiding the Risk of NoncomplianceCase Discussions: Members in Public Practice

The Bottom Line on the New Lease Accounting Requirements

Lease classification Amortization of the lease asset Derecognition of the underlying asset Recognition of lease receivables

Understanding Internal Control Constructs

The major topics covered in this course include:Underlying concepts of internal controlThe importance of control measure interdependency

Multi-State Taxation

Constitutional limits and P.L. 86-272 Nexus, UDITPA, and MTC Calculation of state taxable income Filing methods for multistate taxpayers Apportionment and allocation Multistate income tax planning Audit defense strategies