This course will start with the Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits. We'll then switch our attention to the items coming down the pike, including a look at the projects identified by the FASB's Invitation to Comment: Agenda Consultation. We'll also review year 2 considerations for leases including modification accounting. Then we will switch gears, switching to the audit side of the house. We'll review the impact of the changes to auditing group audits as well as the status of the AICPA's quality management project management. This course will keep auditors up to date on the work of the ASB.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this course include:

• Technology Hot Topics for Audits.
• Accounting Standard Updates
• Projects identified by the FASB's Invitation to Comment: Agenda Consultation.
• Year 2 considerations for leases including modification accounting.
• The impact of the changes to auditing group audits
• The status of the AICPA's quality management project management.
• The current work of the ASB.

Who will benefit:

Accountants in public practice and industry

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

Many leaders in business organizations of all sizes view the system of Internal Control almost purely as a protective security measure. A well-designed internal control system can and will drive all entity objectives which includes successful operations. This session uses information gathered from years of creating internal control systems as well as concepts from well-respected authoritative pronouncements and frameworks to illustrate the power of a strong and well supported control system as well as actions that can help establish such a system. Those that work with internal controls who are tasked with developing ways to improve operation level capabilities should strongly consider this session.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this course include:

• An overview of controls that drive procedures
• Considerations for procedural control development
• Understanding and controlling risk that arises when organizations change

Who will benefit:

Accounting and other business professionals that wish to know more about measures that control organization operations.

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

Do you use Microsoft (Office) 365? Are you satisfied that you are getting the most that you can from it? If you answered yes then no, this course will provide a really high return on your investment of time and money in this application suite. John Higgins, one of the profession's leading experts on the integration of Microsoft 365 into business, will explain and demonstrate the depth and breadth of the Microsoft 365 ecosystem. The course is designed to raise your awareness of all that you can do with Microsoft 365 and substantially increase your monthly subscription ROI.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this course include:

• Lightning round review of the following apps, with an explanation and demonstration of what each of them offers
• Teams - the foundation of all that you do in Microsoft 365
• SharePoint / OneDrive - secure cloud storage
• Power BI - the new financial reporting model
• Stream - the YouTube for your organization
• Bookings - streamline your appointment scheduling
• OneNote - get your content organized for quick retrieval
• Lists - create custom list tracking reports
• To Do - consolidate all your Outlook, Planner and general "to do's" in one app
• Planner - manage simple and complex engagements and projects in an intuitive app
• A quick look at many of the remaining apps

Who will benefit:

Anyone who wants to get more out of Microsoft 365.

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

A detailed analysis of the calculations related to determining a shareholder's tax basis for S corporation shares and loans. How to use the Form 1120S, Schedule K-1 information for basis determination. An illustrative example demonstrates how the process works, as well as the many potential pitfalls.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this course include:

• Discuss the calculation of basis when the entity is formed including the impact of contributed property
• Explain the importance of shareholder loans to the entity
• Uses a comprehensive example to illustrate the mechanics of the basis determination process
• Schedule K-1 Basis and Form 7203
• Discuss how basis is impacted by distributions of corporation property
• Explain how basis is impacted by sale/or liquidation of the S corporation interest
• Discuss how S corporation losses impact Form 1040 Schedule E reporting
• Show how to get from the Schedule K-1 information to the basis calculations

Who will benefit:

CPAs working in public accounting firms and/or working for S corporations.

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

An audit is an investment in reliable financial reporting and compliance, and an increased return on those dollars can be achieved by hiring the right auditors. This course will provide key factors for you to consider when evaluating whether you are getting the most quality and insight from your auditors, to enable them to perform the most value-added audit possible in the given circumstances - while retaining the trust of a CPA.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this class include:

• Limitations in roles and responsibilities an auditor can accept without impairing independence
• Assessing the strength of your auditor's ability to think critically, strategically, and creatively in appropriate circumstances
• Evaluating your auditor's time and project management stills
• Grading your auditor's communication and interpersonal skills, in exceeding your expectations on an audit

Who will benefit:

Anyone who manages the external auditor relationship

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

Modern data governance requires a holistic approach across finance, risk, IT and other departments.

Although it can seem daunting, the right methodology and a value-focused approach can break it into manageable phases that deliver ROI at every step.

This webcast is a rebroadcast from the 2024 AICPA & CIMA ENGAGE conference.

Learning Objectives:

- Identify how to take a value-based approach to data governance.

- Recognize how to operationalize data governance across people, processes and technology.

Who will benefit:

Accounting and finance professionals

This is an AICPA hosted webcast. You will launch the course from your OSCPA learning center portal. 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.

Realistic Excel training for skill development

Shifting from manual inputs to automated formulas in Excel can help enhance data efficiency. Understanding that Excel can handle date and text values broadens the potential to improve efficiency when managing data in Excel.

This webcast will focus on the following essential functions:

- EOMONTH

- MONTH and YEAR

- DATE

- CONCAT

- SUMIFS with CONCAT

Practical hands-on Excel learning exercises taught by a highly engaging expert

In this webcast, you’ll develop your skills and implement Excel techniques that will boost the effectiveness of conditional summing functions using comparison operators. Additionally, you’ll gain in-depth knowledge of the following:

- Adding helper columns

- Distinguishing key function differences

- Combining values

*Session 7 is one of eight sessions that is available as an individual session. Each session builds on the prior sessions, so you'll want to consider watching [Session 8: Dynamic headers, mapping tables and error check] (https://www.aicpa-cima.com/cpe-learning/webcast/excel-for-accounting-professionals-session-8--dynamic-headers-mapping-tables-and-error-check) to further prepare to tackle real-world issues and build powerful workbooks.*

Learning Objectives:

- Determine the last day of the month with the EOMONTH function.

- Use the MONTH and YEAR functions.

- Use your own date with DATE function.

- Use the CONCAT function.

- Apply the use of SUMIFS with CONCAT.

Who will benefit:

Accounting and finance professionals who'd like to improve their mastery of Microsoft Excel

This is an AICPA hosted webcast. You will launch the course from your OSCPA learning center portal. 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.

The AICPA has identified risk assessment as an area of focus for its Enhancing Audit Quality Initiative as deficiencies in auditor's risk assessment procedures continue to be a common issue identified in peer review. SAS No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, was written to improve the quality of risk-based audits. While key concepts do not fundamentally change, the standard works to clarify and enhance certain aspects of the identification and assessment of the risks of material misstatement to drive better risk assessments and hopefully overall enhance audit quality.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The topics that will be covered in this class include:

• New concepts due to the issuance of SAS No. 145
• Revised requirement to separately assess inherent risk and control risk
• A new definition of significant risk
• New emphasis on IT controls and risk of material misstatement
• New guidance on maintaining professional skepticism
• Revised requirements to evaluate the design of certain controls
• Revised requirements regarding audit documentation
• New guidance on scalability

Who will benefit:

Practitioners who perform audit engagements

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

This course covers recently issued accounting and financial statement reporting standards from the Financial Accounting Standards Board. Key implementation challenges and experiences from public company filings will be identified.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this class include:

• CECL for nonfinancial institutions.
• Accounting for Paycheck Protection Program loans.
• Accounting for web-hosting services.
• Revenue recognition.
• Leases.
• FASB projects in progress.

Who will benefit:

Members in Public and Members in Business

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

The volume of individual tax returns requiring preparation can create an environment that leads to errors or omissions. Identify common errors practitioners make on individual tax returns for single filers.

Learning Objectives:

- Identify potential errors or omissions of Information on tax returns.

- Recognize Planning opportunities for your clients based upon Information reported on A tax return.

- Determine the proper tax treatment for certain rental property activities.

- Determine the proper tax treatment for various start-up costs by A new business.

Who will benefit:

CPAs working with clients requiring up-to-date expertise in individual income taxation for the current tax season

This is an AICPA hosted webcast. You will launch the course from your OSCPA learning center portal. 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.