Seismic changes in tax legislation is currently taking place, and the well-informed tax practitioner will want to attend this two hour monthly program in order to stay abreast of these developments! Approximately one-half of the program is devoted to individual tax issues, and the remaining time is spend on business entity taxation, IRS procedure, tax legislation and other issues. Due to the changing nature of the topic, learning objectives, course descriptions and program content will vary and will be provided in more specificity closer to presentation time. This course provides a concise look at the hottest topics affecting every tax practitioner. The first presentation of this course each month will be delivered live. Subsequent presentations during the month will be a rebroadcast of the live presentation."This course is suitable for corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications.

After attending this presentation, you will be able to...

• Understand the newest tax developments and changes to the Internal Revenue Code
• Learn effective and efficient techniques for implementing new standards

The major topics covered in this class include:

• Current individual tax issues
• Current business entity tax issues
• Any current tax legislation occurring during the period
• Other issues affecting the profession, including IRS procedure, current cases, payroll, and other federal tax issues

This webcast is hosted on CPA Crossing's platform. Attendees will receive instructions on how to attend the webcast via e-mail.

Invitation Only

We are rebranding our November CPE Day with our new and exciting Xcelerate Series.  It consists of three half-day programs that offer you a promising and dynamic learning experience.  

You'll gain valuable insights from experts on how to stay ahead in today's competitive landscape with AI technologies and obtain a deeper understanding of the ever-evolving tax landscape and its impact on businesses and individuals.

We are excited to bring you in-person and virtual options along with high-level content and connection opportunities.

Invitation Only

As a key stakeholder in Ohio’s economic future,  we are inviting you to participate in a collective effort to address Ohio’s accounting talent crisis. In March 2023, we committed to convening a coalition of firms, companies, academic institutions, government agencies, and non-profit entities to implement a coordinated approach to talent attraction, development, and retention.  The outcomes of this event will be to determine a cohesive strategy for the state of Ohio as we unpack, refine, and launch the plan including the establishment of key metrics and milestones.

Meets CPA license renewal requirement. Meets CPA application requirement. Appropriate for audiences with majority CPAs.

As a profession, CPAs must be able to identify, evaluate and address any action or situation that threatens the core values of the CPA profession: integrity, objectivity, independence, and due care. However, when it comes to making the best decision, there’s not always one perfectly right answer for every situation. Professional ethics is about looking at several solutions and choosing the best path.

This course will help you gain perspective on the wide breadth of issues facing CPAs daily.

You will participate in an interactive review of the principles underlying the CPA code of conduct. We will look at the principles of responsibility, integrity, objectivity, and due care. We will review several cases to apply these concepts to our work. We will examine AICPA’s conceptual framework and how objectivity threats materialize within both professional services firms and corporate entities. We conclude with a refresher on continuing education, confidentiality, and other CPA responsibilities.

• Upon completion participants will be able to: 
• Describe the core ethical factors attributed to the CPA profession.
• Identify the principles of conduct applicable to CPAs.
• Describe factors contributing to ethical dilemmas.
• Use the AICPA conceptual framework when facing situations where clear answers are not apparent.

This year, not-for-profit entities are preparing to apply critical new standards related to contributions of nonfinancial assets, leases, and more. Now is the time to know more than just what the standards say – we need to know what they mean and how they will affect not-for-profit entities. This course is designed to do just that! The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in not-for-profit accounting today. 

Learning Objectives:

- Identify the critical changes occurring in not-for-profit accounting today 

- Skillfully implement today's most challenging FASB standards affecting not-for-profits 

- More effectively audit not-for-profit entities through superior knowledge of key accounting issues 

Major Topics:

- Preparing for the implementation of the new FASB ASU on grants, contracts, and contributions (i.e., ASU No 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made) 

- Developing a deeper understanding of the requirements in ASU No. 2016-02, Leases, and how not-for-profit entities will implement the standard 

- A review of additional key challenges in not-for-profit accounting today

This virtual seminar is being offered through our partnership with Midwest State CPA Societies. You will launch from your MyOSCPA learning center day of and be prompted to enter in name and state society at time of entering.

If you perform Yellow Book audits and/or single audits, it is a given that a peer reviewer will be looking at your work on those engagements! Why fret and sweat about what peer reviewers are going to be looking for? In this course, we will explore the key audit requirements that peer reviewers focus on, how the auditor complies with those requirements, and common pitfalls seen in Yellow Book and single audits. This course will help you proceed and succeed in your Yellow Book and single audits! 

Learning Objectives:

• Understand what peer reviewers look at (and don't look at) when reviewing Yellow Book and single audits 
• Apply some of the best practices and avoid some of the worst habits seen in audits of governments and not-for-profits 
• Skillfully apply today's Yellow Book and Uniform Guidance requirements

Major Topics:

• The key requirements and audit areas that peer reviewers hone in on when reviewing Yellow Book and single audit engagements 
• Avoiding common pitfalls seen in Yellow Book and single audits 
• How to improve your performance on Yellow Book and single audits while staying in good graces with your peer reviewer

This virtual seminar is being offered through our partnership with Midwest State CPA Societies. You will launch from your MyOSCPA learning center day of and be prompted to enter in name and state society at time of entering.

Get familiar with SAS No. 145

In October 2021, the AICPA Auditing Standards Board issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement. 

SAS No. 145 does not fundamentally change the key concepts underpinning audit risk. Rather, it clarifies and enhances certain aspects of the identification and assessment of the risks of material misstatement to drive better risk assessments and, therefore, enhance your audit quality. 

Hear from members of the Auditing Standards Board's risk assessment task force as they help you learn to navigate SAS No. 145 and examine new and updated concepts including: 

- A new definition of significant risk

- New guidance on maintaining professional skepticism

- Revised requirements to evaluate the design of certain controls

- Separately assessing inherent risk and control risk

- Revised requirements regarding audit documentation

- New guidance on scalability

Key Topics

- Risk assessment under SAS No. 145

- Overview of the steps to perform during risk assessment

- Testing the design, implementation, and operating effectiveness of controls

- New concepts due to the issuance of SAS No. 145

Learning Objectives

- Recall why risk assessment is important.

- Recognize the areas where practitioners may struggle.

- Identify the major differences in risk assessment under SAS No. 145 and why they were incorporated by the Auditing Standards Board.

- Recognize the practical impact to the risk assessment process and the work to be performed.

THIS IS AN AICPA HOSTED WEBCAST. YOU WILL LAUNCH THE COURSE FROM YOUR OSCPA LEARNING CENTER. AICPA WILL ISSUE AND MAINTAIN YOUR CREDITS. PLEASE MAKE SURE TO DOWNLOAD YOUR CPE CERTIFICATE FROM AICPA WEBCAST PORTAL AT THE CONCLUSION OF THE WEBCAST.  

Partnerships and LLCs involve unique problems that require careful attention. This course covers selected critical tax issues that practitioners need to know when working with partnerships and limited liability companies, with a focus on planning opportunities and pitfalls. 

Learning Objectives:

-Identify §199A issues for your clients

-Identify and distinguish guaranteed payments and distributive shares

-Understand the relationship between capital account maintenance and outside basis adjustment 

-Define various kinds of partnership liabilities and explain the tax consequences of each 

Major Topics:

- Summary of important provisions of the Tax Cuts and Jobs Act of 2017, specifically including the critical §199A and the final regulations thereunder, and the latest updates 

- Summary of the CARES Act (and related acts) and subsequent stimulus acts: the "Second" Act and the "Third" Act 

- Self-employment tax issues: what you can and cannot do 

-Capital accounts: book vs. tax issues 

- Determining basis: key issues and technical analysis in calculating basis 

-Dealing with debt: recourse, nonrecourse, and why it matters 

- Guaranteed payments, distributive shares, and draws: understanding the difference

This virtual seminar is being offered through our partnership with Midwest State CPA Societies. You will launch from your MyOSCPA learning center day of and be prompted to enter in name and state society at time of entering.

Tune in to OSCPA's Town Hall Series where you'll get the lowdown on today's hottest topics, late-breaking regulatory news and information on OSCPA initiatives that are shaping the profession. Hosted by OSCPA President & CEO Scott D. Wiley, CAE, the Town Hall Series also features guest speakers who will share their insights and perspective on the emerging issues that need to be on your radar. Get interactive as we offer up quick polls to gauge your thoughts on the content presented. You'll also have a chance to weigh in during a Q&A session at the close of each Town Hall. And you'll earn 1 credit of complimentary CPE for each Town Hall you attend. Members tell us it's the best investment of 60 minutes.

Geared toward practitioners who provide accounting and auditing services to small businesses, this course updates you on the new accounting, auditing, compilation, preparation, and review standards, and other professional guidance that impact small businesses and their auditors. Materials include practical applications of the topics covered to help you understand and apply the standards to real-life scenarios. With the rate of change in todays regulatory environment, you must stay current on the topics impacting the profession. Your clients are counting on you! 

Learning Objectives:

- Identify recently issued FASB, ASB, and ARSC guidance and standards that impact small businesses.

- Identify key concepts related to exposure drafts and other projects in accounting and auditing.

- Recognize small business audits: who needs them and why.

Major Topics:

-Accounting standards updates, including an update on leases, financial instruments, and revenue recognition

- Latest activity from FASB, ASB, and ARSC

- An update on audit and attest standards

- Private company financial reporting

- Types of small business audits

This virtual seminar is being offered through our partnership with Midwest State CPA Societies. You will launch from your MyOSCPA learning center day of and be prompted to enter in name and state society at time of entering.