CPE Course Catalog. Live CPE & Webinars OVER 50 HOURS CPE. Charles Hester, CPA Vicki Mulak, EA Al Partington, CPA Thad Scott, CPA

Transcription

1 CPE Course Catalog Live CPE & Webinars OVER 50 HOURS CPE SPEAKERS INCLUDING: Charles Hester, CPA Vicki Mulak, EA Al Partington, CPA Thad Scott, CPA Society of California Accountants 526 South E Street Santa Rosa, CA Tel. (707) Fax (707)

2 CONFERENCE PROGRAM INFORMATION SSARS 21 - NEW STANDARDS: REVIEW, COMPILATION AND PREPARATION (THAD SCOTT, CPA) Wednesday, October 21st Are you ready of the changes required by SSARS 21 to the Review, Compilation and the NEW Preparation engagements, effective December 15, 2015? SSARS 21 clarifies and revises the standards for these engagements. There are new requirements for reporting, and also for obtaining representation and engagement letters. SSARS 21 eliminates the need for the accountant to determine when the accountant has prepared and presented financial statements by eliminating the submission requirement and making the compilation literature apply when the accountant is engaged to perform a compilation service. This new standard establishes requirements when an accountant is engaged to prepare financial statements but not engaged to perform an audit, review or compilation of those financial statements. ACCOUNTING STANDARDS UPDATE (THAD SCOTT, CPA) Thursday, October 22nd Stay current with the latest on financial accounting standards and their impact on financial statements. New Accounting Standards Updates (ASU s) issued in the last 18 months will be covered. We will review the activities of the Private Companies Council (PCC) and the Financial Reporting Framework for Small/Medium Entities (SME s). We will also discuss the status of the exposure drafts on leasing and revenue recognition and the potential impact on the financial statements of your clients. FRAUD (THAD SCOTT, CPA) Thursday, October 22nd Practitioners face increased risk in conducting engagements for failing to uncover or disclose fraud. If your practice is mainly tax-based, you won t be held responsible for failing to detect fraud, right? The answer to this question might surprise you. Fraud: it isn t just for auditors anymore! This course will introduce the practitioner to how professional standards lay out the practitioner s responsibility to detect fraud in preparation of all levels of financial statements. Using actual practitioner war stories, effective loss prevention strategies will be discussed. Fraud schemes, and the red flags that help practitioners detect them, will be reviewed to help you recognize when fraud may be making its presence felt. We will discuss loss prevention tools and techniques that will help minimize risk in today s practice. CHOICE OF ENTITY FROM MULTIPLE PERSPECTICES (VICKI MULAK, EA) 4 Hours - Wednesday, October 21st This intermediate session will review tax law applicable in choosing, forming, operating and dissolving the C Corporation, S Corporation, and LLC. Update your knowledge on what the IRS and the courts think are important considerations in each entity format. Learn what you need to know to be as valuable as possible to new and existing clients. BASIC CONCEPTS FOR C Corps (VICKI MULAK, EA) 4 Hours - Wednesday, October 21st This session introduces and expands on the issues affecting C corporations and preparation of Form 1120, including formation issues, operation issues and termination issues. How to insure tax-free Section 351 transfers at formation as well as how to maximize losses and minimize gains at termination are especially important due to the double-taxation concept inherent in this business entity format. BASIC CONCEPTS FOR S CORPS (VICKI MULAK, EA) 4 Hours - Thursday, October 22nd This session is an intermediate practical analysis of the critical basis issues affecting participants in S corporations. A thorough understanding of basis and the ordering rules in the S corporation is essential in initial entity selection as well as in ongoing management of K-1 flow-through items including distributions to participants. BASIC CONCEPTS FOR PARTNERSHIPS/LLC (VICKI MULAK, EA) 4 Hours - Thursday, October 22nd This session is an intermediate practical analysis of the critical basis issues affecting participants in LLCs. A thorough understanding of basis, basis received from debt and importance of limitations imposed on LLC members by the at-risk and passive loss limitation regulations is essential in initial entity selection as well as in ongoing management of K-1 flowthrough items including distributions to participants. 2 SCA CPE COURSE CATALOG

3 CONFERENCE PROGRAM INFORMATION REGULATORY REVIEW (CHARLES HESTER, CPA) Friday, October 23rd CBA-Approved Regulatory Review Course: Conduct and Ethics Requirements for California Accounting and Auditing Professionals (Provided by Charles Hester, CPA) This course is designed to meet the California Board of Accountancy s requirement for two-hour Regulatory Review. This session, entitled Conduct and Ethics Requirements for California Accounting and Auditing Professionals, will provide a review that is specific to the practice of public accountancy in California, the current California Accountancy Act, and California Board of Accountancy regulations. The session will also cover historic and recent disciplinary actions taken by the California Board of Accountancy including highlights where the conduct of the licensee led to the discipline. ETHICS (CHARLES HESTER, CPA) Friday, October 23rd This course is designed to meet the four-hour ethics education requirement of the Board of Accountancy. The ethics content includes a review of nationally recognized codes of conduct emphasizing how the codes relate to professional responsibilities; case-based instruction focusing on real-life situational learning; ethical dilemmas facing the accounting professional; and business ethics, ethical sensitivity, and consumer expectations. FINANCIAL STATEMENT DISCLOSURES FOR THE NONPUBLIC ENTITY (AL PARTINGTON, CPA) Friday, October 23rd Identify specific disclosure requirements for various accounts within each basic financial statement, distinguishing between those for GAAP and other presentations. Determine other disclosure requirements, including special areas and situations. Recognize typical examples of various presentation and disclosure requirements. Determine the effect of the notes on financial reports. ABOUT OUR SPEAKERS Charles Hester, CPA/CFF/FCPA/CFE/CGFM served as the Western District Inspector General and Audit Manager for the Federal Emergency Management Agency (FEMA) until his retirement in Chuck is currently an instructor for various organizations. Chuck also serves as a Special Consultant for the Asian Development Bank, the Supreme Court of the Republic of Palau and for various CPA firms, including KPMG and Nuñez & Associates. In addition, Chuck has served as the Team Leader for External Peer (Quality Control) Reviews for numerous national, state, and local audit agencies. Thad Scott, CPA CFE, MS is a sole practitioner whose practice consists largely of audit and accounting services, as well as business management consulting and litigation support. Thad assists outside firms with implementation of professional standards and performs peer reviews. In addition, Thad currently sits on the AICPA Accounting and Review Services Committee which is responsible for issuing SSARS. Al Partington, CPA, is a professor at Pierce College, and a practicing CPA, servicing a variety of small business and individual clients, as well as a consultant for other CPAs. Al is a past recipient of the Education Foundation s Meritorious Service Award and the AICPA s Outstanding Instructor Award. Vicki L. Mulak is an Enrolled Agent and a Certified Financial Planner (CFP). She is insurance and securities licensed. Vicki is a wellknown presenter on federal and California tax law and business entity topics. She frequently testifies before the Franchise Tax Board meetings in Sacramento, CA and stays involved in state tax legislation, attending Assembly and Senate committee hearings as necessary. She currently serves on the FTB Advisory Board and the EDD s Small Business Employer s Advisory Committee. She regularly speaks on tax topics at for CSEA, CSTC, and NAEA. Vicki was honored in August 2012 with NAEA s Bill Payne Advocacy Award in recognition of her commitment to advocacy on behalf of Enrolled Agents. In 2011, Vicki was awarded the Distinguished Service Award for enhancement of CSEA s reputation. In 2006, she received CSEA s prestigious Thomas P. Hess Award in recognition of her contributions to CSEA s educational goals. She received her Bachelor of Science in Business Administration degree from Thomas Edison State College in Camden, New Jersey and resides with her husband, George, in Tustin. SCA CPE COURSE CATALOG

4 WEBINARS SCA is pleased to offer a wide range of webinars for convenient and affordable continuing education. New webinars are being added daily. Webinars are affordably priced at $39 for 2 hours CPE! Don t miss out! Join our mailing list to receive notices and exclusive offers! us at: Info@GoSCA.com October 7th - Auditing Tax Returns (Charles Hester, CPA) This course will discuss the following: Indirect Methods of Determining Taxable Income Individual Tax Returns (IRS Form 1040, Schedule A, B and C, including Credits) Corporate, Partnership and S-Corporate Returns November 11th - Comprehensive Update of GAAP (Charles Hester, CPA) This course will focus on the a discussion of private industry, including: Financial Accounting Standards Board (FASB) Pronouncements, Overview and Update Federal Accounting Standards Advisory Board (FASAB) Pronouncements, Overview and Update November 17th - Sink or Swim under the New Capitalization Regulations & Exemption (Cameron Hess, CPA, Esq.) Cameron L. Hess, Esq., CPA will cover the recently enacted capitalization regulations, including whether to File Form 3115 Change of Ownership for audit protection. This program will include: Capitalization Rules What s Changed/What Hasn t Partial Disposition Election Reward or Booby Prize? New Elections Three Critical Ones to Use Small business exception to Filing Form 3115 Form 3115 Occasions you should or must file. December 11th & January 15th - Fraud (Thad Scott, CPA) Practitioners face increased risk in conducting engagements for failing to uncover or disclose fraud. If your practice is mainly tax-based, you won t be held responsible for failing to detect fraud, right? The answer to this question might surprise you. Fraud: it isn t just for auditors anymore! This course will introduce the practitioner to how professional standards lay out the practitioner s responsibility to detect fraud in preparation of all levels of financial statements. Using actual practitioner war stories, effective loss prevention strategies will be discussed. Fraud schemes, and the red flags that help practitioners detect them, will be reviewed to help you recognize when fraud may be making its presence felt. We will discuss loss prevention tools and techniques that will help minimize risk in today s practice. December 15th & January 20th - SSARS 21 (Thad Scott, CPA) Are you ready of the changes required by SSARS 21 to the Review, Compilation and the NEW Preparation engagements, effective December 15, 2015? SSARS 21 clarifies and revises the standards for these engagements. There are new requirements for reporting, and also for obtaining representation and engagement letters. SSARS 21 eliminates the need for the accountant to determine when the accountant has prepared and presented financial statements by eliminating the submission requirement and making the compilation literature apply when the accountant is engaged to perform a compilation service. This new standard establishes requirements when an accountant is engaged to prepare financial statements but not engaged to perform an audit, review or compilation of those financial statements. 4 SCA CPE COURSE CATALOG

5 WEBINARS January 13th - Risk Management (Charles Hester, CPA) This class focuses on the unique characteristics and requirements of assessing internal (management) controls and developing a risk management plan. The session will not make participants Internal Control Auditors. It will, however, introduce them to key concepts, issues and Control Standards relevant to assessing management s efforts to design and implement policies and procedures to achieve the organization s objectives. The presentation is designed to help attendees understand the nature, functions, and scope of internal controls. The course is directed towards all levels (basic/intermediate/advanced) of individuals who assess or audit internal controls February 16th - Advocating the Real Estate Professional Exception (Cameron Hess, CPA, Esq.) Cameron L. Hess, Esq., CPA will cover the current issues under Section 469, the 3.8%, and SE/Fica Tax with respect to the Real Estate Professional Exception. This program evolved out of Mr. Hess co-presenting with the Associate Counsel of the IRS on the proposed regulations to change the definition of a limited partner for purposes of Section 469, under current temporary regulations, namely Treas. Reg T. This program will include: Real Estate Professional Basics under Section 469 Seven Samurai of Material Participation (and Three for Limited Partners) Documenting RE Professional and Material Participation Standards LLCs and the Limited Partnership Rules Addressing the 3.8% NIIT Different Rules than Before SET/FICA Problems for Real Estate Professionals Unexpected Surprises Trusts Issues with the Real Estate Professional Standard Proposed Changes in Law Where Are We Going? FOR PROGRAM DETAILS AND REGISTRATION INFORMATION, VISIT THE SCA EVENT CALENDAR: GoSCA.com CHAPTER MONTHLY MEETINGS FOOTHILL CHAPTER MONTHLY MEETINGS The Foothill Chapter meetings are generally held the third Wednesday of the month and include two hours of continuing education. FRESNO CHAPTER CE EVENTS The Fresno Chapter holds regular CE events including A&A and Tax updates. NORTH BAY CHAPTER MONTHLY MEETINGS The North Bay Chapter meetings are generally held the third Wednesday of the month and include one hour of continuing education. FOR PROGRAM DETAILS AND REGISTRATION INFORMATION, VISIT THE SCA EVENT CALENDAR: GoSCA.com SCA CPE COURSE CATALOG

6 Webinar Registration FULL NAME (LAST/FIRST/MI) FIRST NAME Is your mailing address your: BUSINESS RESIDENCE COMPANY ADDRESS CITY STATE ZIP PHONE FAX SCA MEMBER NUMBER q October 7th (11:50-1:30 PM) - 2 Hours CPE Auditing Tax Returns $39 SCA Member $79 Non-Member q November 11th (11:50-1:30 PM) - 2 Hours CPE Comprehensive Update of GAAP $39 SCA Member $79 Non-Member q November 17th (11:50-1:30 PM) - 2 Hours CPE New Capitalization Regulations & Exemption $39 SCA Member $79 Non-Member q December 3rd (11:50-1:30 PM) - 2 Hours CPE 990 Preparation $39 SCA Member $79 Non-Member q December 11th (10:00-1:30 PM) - 4 Hours CPE Fraud $79 SCA Member $159 Non-Member q December 15th (11:50-1:30 PM) - 2 Hours CPE SSARS 21 Update $39 SCA Member $79 Non-Member q January 13th (11:50-1:30 PM) - 2 Hours CPE Risk Management $39 SCA Member $79 Non-Member q January 15th (10:00-1:30 PM) - 4 Hours CPE Fraud $79 SCA Member $159 Non-Member q January 20th (11:50-1:30 PM) - 2 Hours CPE SSARS 21 Update $39 SCA Member $79 Non-Member q February 16th (11:50-1:30 PM) - 2 Hours CPE Advocating the Real Estate Professional Exemption $39 SCA Member $79 Non-Member SAVE BIG WITH A WEBINAR PASS! q Register for 24 hours and Save! Register now, and choose your classes throughout the year for big savings! Webinar pass is valid for calendar year. RECEIVE AN ADDITIONAL 4 MONTHS! Register in the month of October and your pass will be valid October December 31, $375 SCA Member $750 Non-Member PAYMENT INFORMATION: Total Enclosed $ Check Enclosed (Make checks payable to SCA) Charge to: Visa MasterCard Cardholder Name Account # Mail to: Society of California Accountants 526 South E Street Santa Rosa, CA Phone: (707) Fax to: (707) Authorized Signature Expiration Date 3 digit ID Code (on back of card) 6 Register Online!

7 Lake Tahoe Conference FULL NAME (LAST/FIRST/MI) FIRST NAME or NICKNAME (as you wish it to appear on your name badge) Is your mailing address your: BUSINESS RESIDENCE COMPANY ADDRESS CITY STATE ZIP PHONE FAX SCA MEMBER NUMBER REGISTRATION INCLUDES: Refreshments, lunches, handouts, certificate of completion. CANCELLATIONS: Refund, less $35 fee, will be made for cancellation requests received in writing 10 working days prior to event date. NO SHOW POLICY: NO REFUNDS, however, class materials will be mailed to individual within one month of event date. REGISTRATION LAKE TAHOE (October 21-23, 2015) SCA MEMBERS REGISTRATION BEFORE AFTER October 16 October 15 Full Conference $495 $515 $ One Day Registration $255 $275 $ Attended San Luis Obsipo Conference? Deduct $100 NON-MEMBERS REGISTRATION BEFORE AFTER October 16 October 15 Full Conference $575 $595 $ One Day Registration $335 $355 $ Attended San Luis Obispo Conference? Deduct $100 NON-MEMBERS - JOIN & SAVE! Membership (take member price above) $280 $ SAVE $100! Attended the San Luis Obispo Conference? Save $100 TOTAL $ SESSION SIGN-UP Please select the classes you will be attending. Class selection must be made at the time of registration. Classes cannot be changed at the conference. LAKE TAHOE - OCTOBER 21ST 8:30 AM - 5:00 PM (SELECT ONE) SSARS 21 - New Standards: Review, Compilation, & Preparation Choice of Entity from Multiple Perspectives (4 hrs.) C Corps (4 hrs.) LAKE TAHOE - OCTOBER 22ND 8:30 AM - 5:00 PM (SELECT ONE) Fraud (morning) Accounting Standards Update (afternoon) Basic Concepts - S Corps (4 hrs.) Basic Concepts - Partnerships/LLC (4 hrs.) LAKE TAHOE - OCTOBER 23RD 8:30 AM - 5:00 PM (SELECT ONE) Financial Statement Disclosures for the Nonpublic Entity Ethics (4hrs.) Regulatory Review (2hrs.) Internal Controls (2hrs.) PAYMENT INFORMATION: Total Enclosed $ Check Enclosed (Make checks payable to SCA) Charge to: Visa MasterCard Cardholder Name Account # Mail to: Society of California Accountants 526 South E Street Santa Rosa, CA Phone: (707) Fax to: (707) Authorized Signature Expiration Date 3 digit ID Code (on back of card) Register Online! 7

8 Society of California Accountants 526 South E Street Santa Rosa, CA Annual Conference San Luis Obispo: August 24-26, 2015 Lake Tahoe: October 21-23, 2015 Pre-Sorted Standard US Postage Paid Permit No. 410 San Dimas, CA CPE COURSE CATALOG OVER 50 HOURS CPE LAKE TAHOE, NV October 21-23, 2015 HOTEL INFORMATION HARVEY S LAKE TAHOE 18 US 50 Stateline, NV Reservations: (800) Group Code: S10SCA5 Group Rate: $59-$79 (Includes internet) Stay & Play! Rate available 3 days before/3 days after Cut-Off: October 6th (rate not available after this date) 8 SCA CPE COURSE CATALOG