CPE Catalog & Events
Finance Business Partnering: Successful Business Models and Strategic Choices
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Webinar
4.00 Credits
Member Price: $174
An overview of the finance business partner, Business model generation, Strategic planning process - analysis, choice, and implementation.
K2’s Data Analytics For Accountants And Auditors
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Webinar
4.00 Credits
Member Price: $180
• Understanding the importance of data analytics in modern business environments• Generating and interpreting data analytics using everyday applications such as Microsoft Office Excel and Microsoft’s Power BI platform• Using regression analysis to create and validate forecasts and projections
Audits of ERISA Plans, With a Focus on 401(k) Plans
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Webinar
8.00 Credits
Member Price: $270
GAAP vs. ERISA reporting requirements, Audit planning, Risk assessment, including consideration of internal control, Auditing the statement of net assets available for benefits, Auditing the statement of changes in net assets available for benefits, Other auditing considerations, including prohibited transactions and, tax compliance, The auditor's report, Financial statement disclosures, Supplemental schedules
Surgent's Comprehensive Guide to Tax Depreciation, Expensing, and Property Transactions
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Webinar
8.00 Credits
Member Price: $280
Final regulations - bonus depreciation and Schedule 1031 exchanges, Technical correction Rev. Proc. 2019-13 - use it or stand to lose second-year depreciation deductions for luxury automobiles, What are the components for real estate depreciation? A new SUV or sedan? A study of depreciation alternatives, Permanency in Schedule 179 depreciation rules? How to maximize its use; when to use it; and what property qualifies, Sale of property and the depreciation recapture rules (Schedules 1245, 1250, unrecaptured Schedule 1250 gain for real estate, Schedule 291 for corporations), How to depreciate like-kind exchange property, May Schedule 121 and Schedule 1031 apply to the same transfer of property? Reacquired installment sale property - calculating potential gain and new basis Understanding Schedule 197 amortization issues; how to handle intangible asset costs, Depreciation issues, tax-deferred exchanges, personal property converted to business property, and an overview of home sale exclusion, Guide for compliance and planning issues, Cases and rulings of depreciation and amortization issues and how they impact clients, along with the useful planning opportunities
K2’s Implementing Internal Controls In QuickBooks Environments
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Webinar
4.00 Credits
Member Price: $180
• Critical risks in QuickBooks environments• Internal control options that can mitigate risk to prudently acceptable levels• Enabling alternative control measures to improve internal controls in QuickBooks environments
K2’s Improving Productivity With Microsoft 365/Office 365 Cloud Applications
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Webinar
4.00 Credits
Member Price: $180
• Understanding the Cloud-based options available in a Microsoft 365/Office 365 environment• How to use tools such as Teams, Planner, and Power Automate• Storing data in SharePoint Online and OneDrive for Business
Bankruptcy Basics: Understanding the Reorganization and Liquidation Process in These Uncertain Economic Times
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Webinar
2.00 Credits
Member Price: $105
Commencement of a bankruptcy proceeding, Protections provided to debtors under the Bankruptcy Code, Key procedural aspects of bankruptcy, The automatic stay, Differences between Chapters 7, 11, and 13 bankruptcy cases, The bankruptcy discharge, Proofs of claim, Plans of reorganization, Litigation that can arise during bankruptcy, Creditor committees, Bankruptcy trustees, Avoidable preferences and fraudulent transfers, Special rights afforded to landlords and secured creditors
K2’s Introduction To Excel Macros
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Webinar
4.00 Credits
Member Price: $180
• Getting started with Excel macros by using the Macro Recorder• Fundamentals of writing VBA code• Saving and sharing macros• Getting started with User-Defined Functions
Employer's Handbook: Health Care, Retirement, and Fringe Benefit Tax Issues
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Webinar
4.00 Credits
Member Price: $175
ERISA compliance: employee welfare plans and qualified plans, Fringe benefit issues: COBRA, Family and Medical Leave Act, and new developments in health care, Health care plans: HRAs, HSAs, and other employer-sponsored plans, Qualified plan requirements: eligibility, coverage, and vesting
The Complete Guide to Estate Administrations: Navigating the Role in Estate Planning
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Webinar
8.00 Credits
Member Price: $270
Exploring key considerations and challenges in estate settlement. Understanding the process of asset collection and accounting in estate administration. Navigating the assessment of debts and creditors for estate settlements. Understanding the process and implications of creditor payments in estate administration. Identifying and addressing distribution challenges in estate administration. Understanding the intricacies and implications of probate in estate administration. Exploring the challenges and resolutions related to will contests. Learning the process and significance of conducting asset inventories.. Recognizing the fiduciary duties and responsibilities in estate administration. Navigating the complexities of protecting the rights of various stakeholders in estate administration. Understanding the implications of federal estate tax in estate administration. Identifying state death tax issues and their impact on estate administration. Grappling with ancillary estate administration matters and their implications. Understanding the complexities of fiduciary accounting in estate administration. Addressing unique and special considerations related to trusts in estate administration
K2's Budgeting And Forecasting Tools And Techniques
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Webinar
8.00 Credits
Member Price: $270
Budget-centric features in Excel, Capital budgeting techniques, Working with Solver and Scenario Manager in budgeting and forecasting environments, Collaboration issues, version control, and audit history
IRS Audit and Appeals Process: Protecting Your Clients
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Webinar
2.00 Credits
Member Price: $105
Establishing rapport with the auditor. IRS audit statistics, appeals statistics, and other statistics. Preparing for the audit. Preparing for an appeal. Questions to ask the auditor. Getting copies of the auditor's workpaper file.
Surgent's Handbook for Mastering Basis, Distributions, and Loss Limitation Issues for S Corporations, LLCs, and Partnerships
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Webinar
8.00 Credits
Member Price: $280
Timely coverage of breaking tax legislation, Applicable coverage of any basis considerations within any recent tax legislation, Passthrough basis calculations required as attachments to certain individual returns, Executor's form for disclosing basis in certain distributed property; what about the basis of a property distribution from a trust? How Schedule 179 limitations affect basis and how tax-benefit rule is applied, Basis implications of personal assets converted to business use, How to calculate basis of inherited qualified and joint tenancy property, Tax basis capital account reporting requirements, S corporations: Beware of final IRS regulations regarding "open debt"; determine how to calculate basis; worksheets are included; understand the effect of stock basis and debt basis and IRS's recent focus on "at-risk basis" for shareholders; recognize how AAA applies or doesn't apply to S corporations; learn to apply the complex basis ordering rules and special elections that can have a big tax result; discuss loss limitation rules in depth; when you can have a taxable dividend in an S corporation; understand distributions of cash and property; understand the post-termination transition rules, and temporary post-termination rules for eligible corporations, which will be important for S corps returning to C corps, LLCs and partnerships: Learn the detailed rules of Schedule 704 for preventing the shifting of tax consequences among partners or members; learn to calculate basis under Schedule 704 & for "at-risk" under Schedule 465; recognize how recourse, nonrecourse, and qualified nonrecourse debt can create significantly different tax results; learn the difference between basis and "at-risk basis"; review Schedule 754 step-up in basis rules; the economic effect equivalence test or "dumb-but-lucky" rule; learn to apply the complex rules of distribution of cash vs. property, and the basis treatment of charitable contributions and foreign taxes paid
Annual FASB Update and Review
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Webinar
4.00 Credits
Member Price: $175
Private company standard setting activities, Recent FASB Accounting Standards Updates (ASUs), Topic 842, Leases, ASC 326: CECL
CFO - Chief Reviewer
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Webinar
8.00 Credits
Member Price: $280
Aren't We All Auditors? All the Time, Audits involve testing, review, examination, and verification. However, on another level - you and I audit; procedures, reports at work, who fulfilled commitments, systems, other people's driving skills, deliveries, etc. We all audit everything all the time, and that is wonderful. Auditing skills are valuable and necessary for our professional success and personal happiness. Every professional will audit what they encounter, including us. We will illustrate how continuous auditing skills are valuable, all the time. Whether you are an auditor, or not, our role as a business leader IS to audit continuously! Better leaders have these skills. Topics Discussed. The need to think before we react. Look and listen effectively! Evaluate using multiple different criteria. Communicate. Problem solving, not just problem identification. Demonstrate empathy. Think critically, and not be critical. Recommend. Being skeptical without being cynical. Unconventional keys to success. The never-ending need to audit continuously, Audits Begin with The Right Questions: Listen! Technology has boundless memory and can store all the answers, unlike humans. Regardless, technology and AI cannot discern the right questions to ask. Asking the right questions separates successful professionals from mediocre professionals. This session will take a big-picture approach and redefine auditing in a broader perspective which will deepen your skills, perspective, and know-how. The truth is that all professionals are auditors. We will illustrate three types of audits and dive into the most fundamental aspects of our daily work-lives that need constant attention, not seasonal treatments. We will show how to become a better listener and to ask better questions! Topics Discussed. The need to ask the `right' questions. A core principle of audits not taught in the "textbook". A new type of audit that will simplify your life. Four auditing skills to take you from being a good auditor to being an amazing auditor. The most important element of auditing is listening. Action steps to become a great listener, What We Can Do to Minimize Taxes: Without Danger. When stepping into a leadership role you may not have been exposed to all the various tax issues. We will take a thirty-thousand-foot view into corporate income taxes and some other taxes. The focus is to potentially lower taxes. We will explore what and how to communicate with your external accounting firm. What is the value of proper fixed asset schedules and their crucial role? Depreciation, qualified business income, and the employee retention credit will be reviewed. Keep a schedule, be prepared, because at the end of day - you will be held accountable and responsible for missed dates, missed opportunities, and also may be given credit for taxes saved. Be prepared and aware of tax savings alternatives. Topics Discussed. Tax reduction strategies. History of taxation in the USA. Understand your tax environment. Entity and associated forms. Taxes; corporate, state, property, and sales taxes. Tax planning concerns. Depreciation and fixed asset schedules. How to recognize and ward off tax schemes, Successful System Implementations: Planning! System changes are common, so why does seemingly every new system update or installation have multiple, new problems? We will review the causes and effects, including a short-term outlook. We will focus on the best practices of successful organizations, specifically the one key task for success - proper planning. What are the steps to take? Which functions need to be involved? How to reduce risk? These actions can be applied to small system changes, system upgrades, or large ERP systems. Do not make the same mistake over and over - learn from others who have paid the hefty price. Topics Discussed. Consequences of failure to plan. Why do shortcuts cause even more issues? We must learn from our previous mistakes. No two installations are the same! A team effort, with the right people, is required! Tests and testing are mandatory. Why cheap costs more. How should accounting communicate? Managing the organization to enable better system implementations.
How to Settle a Client's Estate
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Webinar
8.00 Credits
Member Price: $280
Issues involved when settling an estate - marshaling of assets, payment of creditors, & distribution and accounting to beneficiaries, Explaining the needs and limitations of durable powers of attorney, health care directives, and living wills, Why a will is probated, and on what grounds it may be challenged, Comprehensive checklists on how to read a will, duties of an executor and trustee, and much more, Identification and report of estate assets, What to do and what not to do as a fiduciary, executor, or trustee - duty of care, investment, informing, payment of debts and taxes, & defending a will contest, How executors and trustees interact with beneficiaries Elective shares, and when a spouse might make that choice, What a trustee needs to know about incompetents and minors Rights of creditors, third parties, and beneficiaries, Key issues in transferring property to a trust and from a trust or estate to a beneficiary, Identifying income, estate, and inheritance taxes, Fiduciary accounting - principal and income concepts, An introduction to drafting an account, and why it is relevant, Administration of revocable trusts Estate basis reporting
Critical Issues That CPAs in Industry Will Need to Face This Year
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Webinar
4.00 Credits
Member Price: $175
Recently issued FASB Accounting Standards update, Leases -- ASC 842 CECL - ASC 326, Food, beverage, and entertainment expensing, Ins and outs of Health Savings Accounts (HSAs)
K2's Business Continuity - Best Practices For Managing The Risks
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Webinar
8.00 Credits
Member Price: $270
Identifying risks to Business Continuity, Differentiating between Business Continuity and Disaster Recovery, Implementing effective backup strategies, Creating an effective Business Continuity/Disaster Recovery plan
Professional Fiduciary Duty
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Webinar
2.00 Credits
Member Price: $105
Fiduciary Duty Relationship Requirements, AICPA Position, Legal Standard Aggravator, Problematic Fiduciary Engagements, Elderly /Probate/Trust Engagements, Trustee Tax & Erisa, Competition with Client, Investment Advice in Financial Planning, Directorships Corporate and Charitable, For Profit Corporations, Not-For-Profit Entity, Suggested CPA Director Fiduciary Safeguards, Table of Reported Cases Presented.
Governmental Accounting and Auditing Update
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Webinar
8.00 Credits
Member Price: $270
GASB updates, Updated Statements on Auditing Standards (SASs), Yellow Book & OMB updates affecting single audits,Ethics updates for governments and not-for-profit entities