Fall CPE Conference

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EIFC-CR  |  Conferences  |  Update  |  Scheduled

Description

Come for the CPE, stay for the game! Attend the conference and be entered to win two tickets to the Iowa-Wisconsin football game on Sept. 22.

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Curriculum

  • Accounting & Auditing
  • Management
  • Technology
  • Taxation

Designed For

CPAs and other business professionals.

Objectives

To stay on top of current issues affecting CPAs.

Preparation

No advance preparation necessary.

Your Price: $555.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations. This price excludes the early-bird discount. Early-bird registration ended September 6, 2018.

Members log in and save $50.00 on this event. Not a member? join today.

Sessions

September 20, 2018

8:30am - 10:10am (Central Time)
$0.00

General Session

The next wave of technology is arriving now, and you will need to choose from various technologies and tools to maintain and improve your productivity. Each emerging technology – among them artificial intelligence, big data, and machine learning – will be explained including why it is important and how it works. Products in each category will be demonstrated in order to turn this discussion from a theoretical overview to next steps.

Speaker: Randy Johnston, MCS | K2 Enterprises

Select One and Only One
10:25am - 12:05pm (Central Time)
$0.00

Want to avoid adopting the new FASB requirements related to revenue recognition, leases, financial instruments, and more?  Consider transitioning to a special purpose framework.  Gather information about the pros and cons of the most popular options, including the AICPA’s Financial Reporting Framework for Small- and Medium-Sized Entities™. 

Speaker: Jennifer Louis, CPA  | Emergent Solutions Group

10:25am - 12:05pm (Central Time)
$0.00

Small businesses face unique challenges when attempting to implement technology. Is the cloud the right place to do business? What about licensing issues? Should I upgrade my hardware and software? How much is all of this going to cost?  What are key technologies to use or avoid? Get the answers to these questions and more in order to make better technology decisions for your small business or small business clients.

Speaker: Randy Johnston, MCS | K2 Enterprises

10:25am - 12:05pm (Central Time)
$0.00
  • Don't get caught watching the paint dry, a discussion of current and advanced technical business entity tax practice issues facing practitioners.
  • C Corporations, remember those?
  • Advanced case for tracking a multitude of Schedule K-1 line items through Form 6251. 
  • Finding “at-risk” hidden gains within Schedule K-1.

Speaker: Dennis Benvie, MS, CPA

Select One and Only One
12:50pm - 2:30pm (Central Time)
$0.00

Technology is transforming small business accounting as companies and their CPA firms are turning to cloud-based solutions not just to "keep the books", but rather to revolutionize business operations. The technology behind solutions from such companies as AccountantsWorld, Intuit, Sage, Zero, Zoho and others places the focus on value-added services, instead of time-consuming data entry tasks. This session will explore how all parties will benefit from this new paradigm of small business accounting. Topics that will be discussed include:

  • Bottlenecks in traditional small business accounting operations.
  • How the CPA in public practice can become a virtual controller or CFO.
  • Improving communication between small businesses and their external CPA.
  • Examples of applied technology to improve accounting efficacy.
  • Review various small business accounting solutions and their features.

Speaker: Randy Johnston, MCS | K2 Enteprises

12:50pm - 2:30pm (Central Time)
$0.00

SSARS 24 has expanded requirements for evaluating going concern uncertainty in a review and more.  Understand the most critical aspects of SSARS engagements, in order to avoid peer review deficiencies.

Speaker: Jennifer Louis, CPA | Emergent Solutions Group

12:50pm - 2:30pm (Central Time)
$0.00
  • The Light Brigade failed due to poor instructions; let's follow the right path in basis calculations.   
  • What is terminating S Corporations today? 
  • Finding hidden gains within S corporation Schedule K-1.  
  • Tracking multiple shareholder debt basis. 
  • Phantom income’s effect on basis. 
  • The Post Termination Transition Period.

Speaker: Dennis Benvie, MS, CPA

Select One and Only One
2:45pm - 4:25pm (Central Time)
$0.00

The ACFE 2018 Global Fraud Survey provides great insights into the latest fraud trends, including the most common schemes, traits of the typical fraudster, and more.  Discuss what these trends mean for both large and small entities. 

Speaker: Jennifer Louis, CPA | Emergent Solutions Group

2:45pm - 4:25pm (Central Time)
$0.00
  • Remember the Alamo, the future isn’t what it used to be - a discussion of current and advanced technical individual tax practice issues facing practitioners today.
  • Closing the book on the 2018 tax season; opening 2019.  
  • How many Schedule As will we file?  
  • Don’t fall prey to the law of averages.
  • Malodorous Form 8867, changes again this year!  

Speaker: Dennis Benvie, MS, CPA

September 21, 2018

Select One and Only One
8:00am - 9:40am (Central Time)
$0.00
  • Where do you place the Armor?
  • When “gifts” can be taxable.
  • Advanced basis issues.
  • Why are manhole covers round?
  • Alimony, I thought you were dead? – Not Hardly!

Speaker: Dennis Benvie, MS, CPA

8:00am - 9:40am (Central Time)
$0.00

How can so many great companies lose their way and fall into a steep decline or even disappear? Once very successful and profitable companies are now a ghost of their former glory or names we can barely remember. This session will explore how companies succeed through innovation and fail because they are unable to deal with the next wave of innovation. More importantly, we will discuss how you, your department and your organization can profit from being more innovative.

Speaker: John Levy, MBA, CPA | Board Advisory

8:00am - 9:40am (Central Time)
$0.00

New FASB rules are changing many elements of accounting and reporting for debt.  Learn the more stringent requirements for classifying debt as current, as well as expanded required disclosure of debt covenant violations, even if waived by the lender. 

Speaker: Jennifer Louis, CPA | Emergent Solutions Group

Select One and Only One
9:55am - 11:35am (Central Time)
$0.00

Nonpublic entities cannot delay preparing for the transition to the new revenue recognition model any longer.  Discover the most significant accounting and reporting changes hitting nonpublic entities under the new FASB requirements.   

Speaker: Jennifer Louis, CPA | Emergent Solutions Group

9:55am - 11:35am (Central Time)
$0.00

In 1958 if you bought a hammer in a local hardware store you probably paid cash.  The owner would know only that he sold something and had more cash than at the beginning of the day.  Today if you buy a hammer from Lowe’s or Home Depot, it is likely that pay with a credit card and the store knows what kind of hammer you bought, your past purchase history, where you live, your approximate age, income and much more.  As accountants, we are still recording essentially the same information as in 1958, yet our businesses need the “big data” to make smart business decisions.  This session will discuss how to get started on the road to success using "Big Data".

Speaker: John Levy, MBA, CPA | Board Advisory

9:55am - 11:35am (Central Time)
$0.00
  • Taking initiative in difficult assignments, can you deliver the QBI message?
  • The rules, calculations, limits and examples.

Speaker: Dennis Benvie, MS, CPA

Select One and Only One
12:20pm - 2:00pm (Central Time)
$0.00

Both lessees and lessors should consider the benefits of early adopting the new lease accounting model.  Learn the biggest impact on accounting and financial reporting when transitioning to the new FASB requirements. 

Speaker: Jennifer Louis, CPA | Emergent Solutions Group

12:20pm - 2:00pm (Central Time)
$0.00
  • Special allocations, Section 704(b) for maintaining capital accounts versus “tax basis”.
  • Reporting a partnership book loss with a tax gain.  
  • Capital account adjustments with admission of new member/partner.
  • Finding hidden gains within partnership/LLC Schedule K-1.
  • How §179 limitations affect basis.

Speaker: Dennis Benvie, MS, CPA

12:20pm - 2:00pm (Central Time)
$0.00

We may believe that we make decisions only after acquiring all the facts, carefully considering all the alternatives and logically choosing the best option.  However, Nobel prize-winner in economics, Daniel Kahneman, and his long-time collaborator, Amos Tversky have proven in numerous experiments and studies that we make most decisions by intuition and not analysis.  This session will examine Kahneman and Tversky’s groundbreaking work and its implications on us, our companies and the accounting profession.

Speaker: John Levy, MBA, CPA | Board Advisory

Select One and Only One
2:15pm - 3:55pm (Central Time)
$0.00
  • You engage a new client with an error in accounting method?  
  • Pass-through oddities in reporting.  
  • Practice issues with trusts and estates.
  • What's next with the Department of Labor.

Speaker: Dennis Benvie, MS, CPA

2:15pm - 3:55pm (Central Time)
$0.00

Obtain an executive summary of FASB accounting standard updates with open effective dates for nonpublic entities.  Prioritize what changes you must focus on now, consider changes you may want to early adopt to simplify your accounting and financial reporting.  

Speaker: Jennifer Louis, CPA | Emergent Solutions Group

2:15pm - 3:55pm (Central Time)
$0.00

The Duke of Wellington is credited with saying, “The Battle of Waterloo was won on the playing fields of Eton."  From before the 19th Century to present day, sports have molded our business and professional leaders.  Sports can teach today’s accountants about many critical business issues, including strategy, culture, metrics, management, innovation, adversity and sustainability.  This session explores lessons we can all use from great, and not so great, moments in sports.  Quit feeling guilty about playing those extra nine holes or watching “March Madness”– you are learning important professional skills!

Speaker: John Levy, MBA, CPA | Board Advisory

Instructors

Randolph P. Johnston

Show Bio

Randy Johnston is a nationally recognized educator, consultant, and writer with over 40 years experience in Strategic Technology Planning, Accounting Software Selection, Paperless, Systems and Network Integration, Business Continuity and Disaster Recovery Planning, Business Development and Management, Process Engineering and outsourced managed services.

Professional Service: •K2 Enterprises (K2E.com) - Executive Vice President, Shareholder – Nation’s leading technology CPE provider to CPA professionals. Consults to high profile technology vendors. Delivers national seminars to CPAs, business groups and IT leaders on technologies in accounting, healthcare and banking. Creates and presents seminars and articles on 30+ technology topics including CPA Firm Technology, Paperless, Accounting Software, Cloud, Business Continuity, and Strategies leveraging technology. (1990 - Present, Hammond, LA) •Network Management Group, Inc. (NMGI.com) – Chairman & CEO, Stockholder – Consults and specializes in Strategic Technology including planning, selection and implementation. Expertise: CPA Firm Technology and strategy; Paperless; Accounting Software, Business Intelligence and CRM; Infrastructure including: Cloud, Business Continuity, Virtualization, Backup, and remote mgmt. (1983 – Present Hutchinson, KS) •Hutchinson Community College – Department Chair, Professor, Adjunct – Mathematics & MIS Depts. Designed and taught courses in all areas of mathematics & computing. (1977 - 1997) Professional Data Services - Programmer and system designer - Developed a medical system including the first paperless claims in Kansas, appointments and collection systems. Owned ComputerLand, Entre’ and Connecting Point stores, received first IBM PC and first Compaq portable in KS. (1978 - 1981) •Farmland Industries - Programmer and system designer - Developed and maintained P&L, Credit Union and Feedlot accounting. (1977 - 1978)

Awards: •Accounting Today - Listed as one of the 2004-2016 Top 100 Most Influential People •CPA Practice Advisor - Accounting Hall of Fame 2011, Top 25 Thought Leader 2011-2017 •Accounting Technology – Listed as one of the top nine technology stars in the industry •AICPA Technology Conference – Past Chair and featured Speaker for the past 31 years Who’s Who in Business & Industry – 1990-2017; in Computing 1987-2017 - Acknowledged as a leading business professional and as a leading computing professional

Certifications: •Microsoft Certified Professional – MCP (Microsoft Corporation) •Certified Network Administrator – CNA (Novell Corporation) •Certified CAD specialist, Network Professional, Data Communications (AutoDesk, 3Com, Entre’)

Dennis P. Benvie

Show Bio

Dennis P. Benvie is a managing member of Surgent CPE In addition to instructing continuing professional education seminars for 27 years, he also writes, edits, and/or updates many Surgent McCoy publications. He consistently receives high evaluations for knowledge and presentation skills, and has been recognized as The Outstanding Discussion Leader of the Year, awarded by the state of Indiana. Prior to becoming a member partner of Surgent McCoy CPE, LLC, Dennis spent 15 years as a partner with a local Cincinnati CPA firm. He has 30+ years of public accounting experience specializing in tax, accounting, and management advisory for closely held businesses and individuals. His background also includes association with a tax attorney's office and instructing accounting classes as adjunct accounting faculty of local state universities. Mr. Benvie is a graduate of Miami (Ohio) University, degree in Accountancy, and has also earned a Masters of Science in Taxation degree from the University of Cincinnati.

Jennifer F. Louis

Show Bio

Jennifer Louis has over 20 years of experience in designing and instructing high-quality training programs in a wide variety of technical and personal development topics needed for professional and organization success. In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs. Jennifer serves a wide variety of clients, including public accounting firms, private industry corporations, and public sector agencies.

Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years. Prior to that, Jennifer was Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly respected training and audit process consulting firm later acquired by Thomson Reuters. Over her six years at AuditWatch, Jennifer served many roles. She began her career at AuditWatch as Vice President of Product Development. Jennifer also served as an instructor and consultant for the firm’s Audit Productivity Improvement Program (a comprehensive program enabling accounting firms to enhance audit quality and improve audit efficiency), as well as various other training courses. Later, Jennifer was primarily responsible for working with clients to design high-caliber, customized training programs. She led the Training Services Division, which includes AuditWatch University (“core-level” staff training for new hires to managers) and related offerings. She also co-authored the Guide to Value-Added Auditing (Thomson/Practitioners Publishing Company, Fort Worth, TX, July 2001).

Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. While at AARP she served as one of their specially trained facilitators available as a resource throughout the organization for designing and leading strategic meetings and trainings.

Jennifer was also an Audit Manager at Deloitte, in Washington, DC. During her five years with Deloitte, she was a frequent local and national instructor. Jennifer also served as an instructor for the firm’s national “Train the Trainers” program.

Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. She is currently a member of the American Institute of Certified Public Accountants (AICPA) and is licensed to practice accounting in the Commonwealth of Virginia.

John F. Levy

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John F. Levy is the CEO of Board Advisory, a firm that assists public companies, or companies aspiring to be public, with corporate governance, compliance, financial reporting and financial strategies. He has nine years’ experience with three large public accounting firms and served as CFO of both public and private companies. John currently sits on the boards of three public companies and three nonprofits, serving as chair of one company and audit committee chair of another. He graduated from the University of Pennsylvania’s Wharton School of Business.

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