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Introduction to Review Engagements

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Online

2.00 Credits

Member Price: $105

• Purpose and scope of review engagements under SSARS • AR-C Section 90 • Basic performance requirements, including inquiries and analytical procedures • Establishing an understanding with the client • Fundamental documentation requirements • Management's responsibilities vs. the accountant's responsibilities • Overview of the management representation letter • Introduction to going-concern considerations • Key elements of the review report

K2's Implementing Internal Controls in QuickBooks Environments

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Online

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

Understanding Partnership Taxation: Debt Allocations

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Online

2.00 Credits

Member Price: $105

• Recourse debt allocations • Constructive liquidation scenarios • Nonrecourse debt allocations • Minimum gains and nonrecourse deductions • Section 704(c) gains • Allocations under 704©

K2's Saving Time With Electronic Forms

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Online

2.00 Credits

Member Price: $105

Comparing the capabilities and costs associated with forms/data collection tools and the different approaches taken by each tool , The benefits and risks associated with using each approach , Examples of how tools can be used effectively, with examples

Eight Awesome PivotTable Features

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Online

4.00 Credits

Member Price: $180

Adding user-defined calculations to PivotTables , Enhancing PivotTables with Key Performance Indicators , Using PivotTables to consolidate "standard" Excel reports , Creative ways to filter PivotTables , Linking accounting software data into PivotTables

Understanding Partnership Taxation: Types of Basis, Contributions, and Distributions

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Online

4.00 Credits

Member Price: $180

• Three different types of basis • Contributions of property • IRC 704(b) - Capital Accounts and Special Allocations • Contributions of property and debt • Contributions of services • IRS Notice 2020-43

Section 754 Step-Up in Basis: Understanding the Tax Issues for Partnerships and LLCs

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Online

2.00 Credits

Member Price: $105

• How and why a partnership makes a 754 election • The effect of the 754 election when an interest in a partnership is sold or inherited • How the 754 election applies when a partnership makes a distribution of property to one or more of its partners • How to make the 754 basis adjustment

Winning Hearts and Minds: Building Future-Ready Businesses

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Online

2.00 Credits

Member Price: $105

Technology Infrastructure Assessment Through Organizational Case Studies, Practical Implementation Strategies for Hardware and Software Solutions, Change Management Techniques for Remote and In-Office Teams

Small-Business Accounting, Audit, and Attest Update

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Online

4.00 Credits

Member Price: $180

• Small and medium-sized business-related FASB ASUs, including recent PCC activities • Recently issued AICPA standards • Ethics and independence updates and interpretations • Newly issued SSARS and SSAE standards • SASs effective for current and future audits

Excel Functionality That Every Accountant Should Know

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Online

2.00 Credits

Member Price: $105

Review of Tables and how they improve virtually every operation in Excel. , Discuss essential Excel functions and features that every financial professional should know how to use. , Review how to collaborate with colleagues in real-time with OneDrive or SharePoint. , Review PivotTables and their significant features. , Take a detailed look at Power Query and how this tool can revolutionize your workflow.

Simply Auditing Not-for-Profits Efficiently

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Online

4.00 Credits

Member Price: $180

• How distinctive funding sources, different operating purposes, and lack of ownership interests affect risk assessment and planning in the audit of a not-for-profit • Key considerations and auditing procedures applied in auditing contributions, functional expenses, net assets, etc. • Frequent issues arising in audits of not-for-profits (e.g., independence concerns, communicating with those charged with governance, Yellow Book audits, single audits, etc.)

Don Farmer's Cryptocurrency Taxation: Tracking, Reporting & IRS Enforcement

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Online

2.00 Credits

Member Price: $89

Federal Tax Treatment of Digital Assets IRS classification of cryptocurrency as property Tax consequences of sales and exchanges Mining and staking income Hard forks and airdrops Reporting Requirements and Compliance Form 1040 digital asset disclosure Form 8949 and Schedule D reporting Schedule C considerations Overview of broker reporting rules and Form 1099-DA developments IRS Enforcement Trends Exchange reporting and John Doe summonses IRS compliance campaigns Civil penalties and potential criminal exposure Audit risk indicators Practitioner Considerations Documentation and substantiation best practices Client interview strategies Ethical responsibilities in digital asset reporting

Understanding the Form 990 and its Preparation Prerequisites

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Online

2.50 Credits

Member Price: $135

Overview of the Form 990's structure, purpose and schedule design. Key factors that establish a related organization. Definitions affecting Part VII-A including trustees, directors, officers, key employees and high-compensation individuals. Core terms such as family relationships, business relationships, independence and 35% controlled entities which are central to both Core Form Part VI and Schedule L. Sequencing of preparation tasks and identifying internal data providers. Best practices for engaging the board in understanding the completed Form 990.  

Getting Ahead of the Emerging Technology Curve: AI, Data Intelligence, and Digital Crypto Assets

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Online

3.00 Credits

Member Price: $135

Future Horizons: Major Trends and Innovations for the Next Decade, Artificial Intelligence: Moving Beyond Chatbots to Integrated Workflows, Data Intelligence: Turning Firm Information into Strategic Assets, Digital Crypto Assets: Navigating Current Market Trends and Realities

K2's Ten PDF Tips You Need To Know

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Online

2.00 Credits

Member Price: $105

Converting documents to the PDF format , Editing PDF documents , Securing PDF documents , Extracting data from PDFs

K2’s Excel’s Best New Features

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Online

2.00 Credits

Member Price: $105

Learn how to work with Dynamic Arrays , Using Excel's new XLOOKUP and XMATCH feature , Improvements to Power Query and why they matter to you , New collaboration and commenting options in Excel

AI-Driven Ethics and Data Analytics: A Roadmap for Accountants

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Online

4.00 Credits

Member Price: $180

• AI and data ethics in accounting • Leveraging AI for data analytics in accounting

Don Farmer's Tax-Exempt & International Forms

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Online

2.00 Credits

Member Price: $89

Overview of tax-exempt and international information reporting framework Form 990 reporting fundamentals Core form structure and required schedules Governance and compensation disclosures Unrelated business income (UBI) reporting considerations Overview of selected international information returns Form 5471 (controlled foreign corporations) Form 8865 (foreign partnerships) Form 8938 (specified foreign financial assets) Filing thresholds, disclosure requirements, and penalty considerations Common compliance risks and IRS examination focus areas

K2's Excel Tips - Today's Best Features

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Online

2.00 Credits

Member Price: $105

New features and functions in Excel , How to improve efficiency and effectiveness when working in Excel , Taking advantage of Copilot integration with Excel , Better ways of creating and working with formulas

K2's Next Level Home Networking

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Online

2.00 Credits

Member Price: $105

Explanation of common network services such as file sharing, VPN's, media servers, and network isolation using multiple SSIDs , Hardware options and examples of solutions for every budget , Tips and tricks for rebuilding your home network to meet your needs today and into the future