CPE Catalog & Events

Forecasting for Improved Profits, Working Capital & Decision Analysis

Overview of the forecasting process Driver based planning Monte Carlo simulations Integrating projections and performance management Budgets, annual operating plans, rolling forecasts and zero based budgeting The power of visual presentations

S Corporation Essentials: Basis Reporting & More

Recent tax legislation, rules and developments impacting S corporations Shareholder stock and loan basis reporting on Form 1120S Schedule K-1 New Section 163(j) business interest expense limitation Filing deadlines and extensions New rules on meals and entertainment expense reporting Issues in becoming an S corporation Basis of stock and debt AAA and distributions Built-in gains tax

Accounting for Revenues & Expenses in a Not-for-Profit

Exchange transactions, contributions and gains and losses Grants and contracts Expense accounting and reporting

Lessee & Lessor Accounting

Lessee and lessor accounting models Lease and nonlease components Lease classifications Initial and subsequent measurement of leases

Partnership Essentials: Tax Basis Capital Accounts & More

Recent tax legislation, rulings and developments affecting Partnerships and LLCs Basis and capital account reporting on Form 1065 Schedule K-1 New Section 163(j) interest expense deduction Transportation fringe benefits Section 754 self-employment tax

Performing Preparation, Compilation & Review Engagements

Definition of an engagement to prepare financial statements Forms, checklists, and other documentation in an engagement to prepare financial statement, compilation engagements and review engagements Difference between compilation and preparation engagements What constitutes a compilation engagement and for what type of entities compilations can be performed What constitutes a review engagement Changes in level of service

Revenue Recognition: Identifying the Contract & Performance Obligations

Principles of revenue recognition Steps 1 and 2 in the process for revenue recognition, identifying a contract and identifying performance obligations in a contract

How to Deduct Travel, Meals & Entertainment Expenses Now!

Recent tax legislation, rules and developments impacting travel and meals expense reporting Adequate accounting rules for reimbursements, including accountable plans, going paperless, reimbursement for non-deductible expenses Reporting travel expenses: travel status, simplified per diem "Directly related to" and associated with" tests Facility vs. activity expenses 9 exceptions to Section 274 Business meals: IRS Notice 2018-76

Revenue Recognition: Determining & Allocating the Transaction Price

Steps 3 and 4 in the process for revenue recognition, determining the transaction price and allocating the transaction price to performance obligations in the contract

Fiduciary Accounting & Tax Preparation for Estates & Trusts

Examine provisions of the Uniform Principal and Income Act Mandatory and discretionary allocations and adjustments (did you know that depreciation is a Discretionary adjustment?) Trustees ability to override the fallback rules Review the contents of a proper set of trust accounting statements  

U.S. GAAP: Review of New Guidance & Hot Topics

Financial accounting and reporting topics impacted by guidance recently issued or effective in the near term (such as leases and revenue recognition) Review of significant accounting and reporting topics Overview of FASB ASC 326 Overview of FASB ASC 606 Overview of FASB ASC 820 Overview of FASB ASC 842  

Farm & Ranch Income Tax, Estate & Business Planning Conference

Reviewing Partnership Tax Returns: What Are You Missing?

Form 1065 Schedules K and K-1 Schedules M-1 and M-2 Form 4562 Form 4797 And More!

Understanding & Testing Control & Compliance in a Single Audit

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

Reviewing S Corporation Tax Returns: What Are You Missing?

Form 1120S Schedule K-1 Schedule L Schedules M-1 and M-2 Form 4562 Form 4797 And More!

The Most Critical Challenges in Governmental Accounting Today

Lessons learned (and lessons remaining) from the implementation of GASB No. 84, Fiduciary Activities How governments can prepare for and implement GASB No. 87, Leases Additional recently issued GASB standards

Choice & Formation of Entity

Types of entities Formation and elections Start-up and organization costs Advantages and disadvantages comparison

Government & Nonprofit Frauds & Controls to Stop Them

Examine real-world misappropriations of cash, check frauds, vendor scams, credit card abuse, grant frauds, benefit schemes, inventory thefts, and payroll frauds Consider and develop controls to stop fraud Tailor controls to the size and fit of the government or nonprofit

IRS Disputes

The assessment process Audit selection, examination, and the appeals process Installment agreements Offers in compromise Advising delinquent taxpayers The IRS collection process for tax liens, levy, seizure, and sale Bankruptcy and the effect on tax liabilities Practice before the IRS Business taxation Tax liens levy seizure Fund recovery penalty

The Most Critical Challenges in Not-for-Profit Accounting Today

Lessons learned from the implementation of ASU No. 2018-08 regarding grants, contracts, and contributions Preparing for the implementation of the new requirements related to gifts-in-kind Developing a deeper understanding of the requirements in FASB ASC 842, Leases, and how not-for-profit entities will implement the standard