CPE Catalog & Events

Introduction to AI in accounting Generative AI in accounting and prompt engineering AI and data ethics in accounting Leveraging AI for data analytics in accounting

Study real-life misappropriations involving federal awards and how they were carried out The backgrounds, motivations and methodologies of the fraudsters Brainstorm where things went wrong that allowed the frauds to occur without prevention or detection

Foundation and principles of generally accepted government auditing standards {GAGAS) Yellow Book compliance requirements Ethics, independence, and professional judgment Competence and continuing professional education Quality control and peer review Standards for financial audits, attestation engagements and reviews of financial statements Fieldwork and reporting standards for performance audits

The impact of TCJA and the latest tax developments for individuals and businesses Major tax court cases impacting both individuals and businesses Tax credits update Partnership and S-corporation tax matters Tax numbers update for 2024 & 2025  

The impact of TCJA and the latest tax developments for individuals and businesses Major tax court cases impacting both individuals and businesses Tax credits update Partnership and S-corporation tax matters Tax numbers update for 2024 & 2025

Module 1: Incentive Compensation Plans That Incentivize - Design Plans That Work! What are incentive plans trying to achieve? Types of incentive plans commonly found - What are the advantages and disadvantages of each? What makes a plan work or fail? Compensation methods - stock, options, cash, etc. Specific issues in design - The unequal challenge, upper and lower limits, and tying to objectives How to test a plan to ensure that it will work Module 2: Beyond the Boardroom: Corporate Governance Best Practices Accountability in the workplace Leadership, governance and ESG (Environmental, Social and Governance) The role of the Board in governance Setting ethical standards The keys to true governance best practices Practical applications in smaller organizations Module 3: Developing a Great Internal Audit Department: The Process? The six factors required for Internal Audit to deliver value - The most important factor - Implementing Internal Audit guidelines How to measure value and progress What distinguishes a good department from a great department? - Key skills for excellent Internal Auditors - The proper mindset and goals - Getting and keeping the right staff How to cost-justify Internal Audit - Making the business case Effectively communicating with the Board and other leaders Module 4: Ethical Dilemmas: Navigating Blurred Lines: Ethical Decisions Making Made Easy Understanding ethics and moral principles Identifying ethical dilemmas Analyzing consequences and the impact on stakeholders Applying ethical decision-making models - Effectively using the Code of Professional Conduct Managing ethical conflicts and resolutions

Overall landscape of the construction industry GAAP and recent changes affecting the construction industry FASB ASC 606 and its impact on the construction industry Unique audit and review issues with construction contractors The unique relationship between the contractor and the surety Tax compliance issues facing construction contractors Ongoing and new tax issues for construction contractors Going concern disclosures and their importance to the construction industry FASB ASC 842 and its impact on the construction industry

Criteria that the IRS uses to select returns for examination Substantiation requirements for travel, charitable contributions, vehicles, meals, virtual currency considerations and tax-related identity theft Understanding worker classification determinations on who is an employee and who is an independent contractor Distinguishing S corporation officer's reasonable compensation issues How the IRS holds persons other than an employer liable for unpaid payroll taxes, a.k.a., the trust fund recovery penalty Tax-related identity theft procedures

The impact of recent legislation on the construction industry How to qualify for the "small contractor exemption" and its advantages to the taxpayer Options available to the "small" contractor regarding taxation of long-term contracts How the choice of entity impacts taxation of contractors How AMT impacts the construction industry IRC 460 and "large" contractors How "uninstalled materials" impact taxation of contractors How the "look-back" rules impact contractors How the "10 percent method" can allow certain contractors to defer recognizing taxable income Critical tax planning strategies for contractors

Best practices associated with creating Excel workbooks, including managing workbooks How to secure Excel workbooks Collaboration options and best practices in Excel Effective reporting techniques in Excel

Small and medium-sized business-related ASUs, including recent PCC activities Practice guidance on ASC 842, Leases Recently issued AICPA standards Engagement quality update

Comprehensive coverage of the SECURE Act 2.0 Retirement planning in light of IRA and RMD changes Review of pertinent changes from recent legislation Reading a tax return for developing client-specific tax strategies Identifying tax opportunities: reviewing the prior-year return to develop a plan for the future Compensation and fringe benefit issues Identify clients with net investment income tax problems and the potential ways to reduce or eliminate them All in the family: Tax tactics for spouses, children, and parents Understanding the environment: what's new, what's expired or expiring, and what's likely to change

Fundamental Excel techniques all accounting and financial professionals should know and use Creating date-based calculations in Excel How to create Excel templates Key options you should enable in Excel Linking data in Excel

The impact of recent tax legislation on the real estate industry Depreciation and recapture Determining the basis when acquiring real estate Passive activity losses Calculation of gain or loss on sale of real estate Rental operations Installment sales

Timely coverage of breaking tax legislation Tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares At-risk and passive activity loss considerations Basis planning Related party transactions: making them work Income splitting and shifting with family can create considerable benefits Sale of ownership interest and NIIT considerations

Collaboration and security techniques Tables, data models, and PivotTables Advanced formulas Data queries Creating effective visualizations

The essential internal control concepts applied in a single audit How the auditor obtains an understanding of controls over compliance and then tests the effectiveness of those controls in a single audit How the auditor plans and performs tests of compliance in a single audit The identification and reporting of control and compliance findings

Detailed rules governing basis in the shareholder's debt and stock AAA Built-in gains incurred from the sale of assets Redemptions and liquidations Compensation planning for shareholders, including planning strategies under the SECURE Act Tax Cuts and Jobs Act of 2017 and the various stimulus acts, as applicable

Gain exclusion and tax-free reorganization planning Gain exclusion with sales of C corporation stock - Section 1202 Deferral of gain with installment reporting Gain planning with partnerships Basis planning - basis step-up at death, gifts of interests to family Restructuring the business entity - C vs. S corporation, partnerships, LLCs Real estate planning - retention vs sales, like-kind exchanges Employee stock ownership plans - special tax incentives Employee benefit planning with ownership change Taxes other than the federal income tax - state tax, estate, gift and generation-skipping taxes, and property taxes Prospects for tax law change