Overview The course provides a comprehensive, hands-on, pencil pushing understanding of the preparation of both S corporation and partnership/LLC tax returns, along with the underlying laws, regulations, etc. The course uses the basic concepts underlying the two main types of business returns: 1120S and 1065 as building blocks for more complex concepts tax preparers should be aware of. The theoretical concepts get illustrated in comprehensive examples that incorporate the most up-to-date law changes and provisions. Major Topics: Compare and contrast the tax consequences, opportunities, and pitfalls of operating a business as a partnership, LLC, or S corporation Reporting Requirements for Schedules K-2 and K-3 Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations Gain a comprehensive understanding of income tax laws for S corporations from eligibility and election to tax return preparation, stock basis, and loss limitation issues Recognize and properly handle special pass-through items of income and expense Accurately prepare S corporation returns and reconcile book income to taxable income Accurately prepare partnership returns and reconcile book income to taxable income What the transactional method entails and how to report partners’ capital accounts under this method Properly handle the tax treatment of distributions to shareholders, partners, or members Understand the special restrictions and sanctions for tax year-end selection Review the basics of partnership and LLC formation and basis calculation Self-employment tax or NOT, for each entity Filling in K-1s correctly for S corporations, partnerships, and LLCs. Major changes in K-1 reporting on both partnership and S corporation forms and content The most frequently used forms and schedules, including some form “oddities” Learning Objectives Learn in detail about the preparation of Form 1120S, Schedules M-1, K, and K-1 Learn in detail about the preparation of Form 1065, Schedules M-1, K, and K-1 Identify and handle commonly found S corporation and partnership tax issues

Cover the basic requirements for performing preparation, compilation, and review engagements under Statements on Standards for Accounting and Review Services (SSARS), including the new SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions. Review common issues found on SSARS engagements in connection with peer reviews and the impact of various findings on the results of a peer review. Identify key issues to consider during SSARS engagements, and determine how to incorporate quality control recommendations and tips for performing high-quality SSARS engagements. 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:

• Basic requirements included in AR-C Section 60, General Principles; AR-C Section 70, Preparation of Financial Statements; AR-C Section 80, Compilation Engagements; and AR-C Section 90, Review of Financial Statements.
• New requirements included in SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions.
• Common peer review findings.
• Practice tips for high-quality engagements.

Who will benefit:

Members in Public Accounting

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

We are now officially in the era of digital communications, collaboration and knowledge sharing. Is your organization prepared to embrace it? This course will show you how to do just that by strategically deploying the Microsoft Office 365 ecosystem of applications with the Teams app at the core. Office 365 provides the tools to digitally transform your workflows to increase efficiency, as well as to provide the ability for your team to work from anywhere, at any time, on any device. We will review how you can leverage specific Office 365 apps to foster online communication, collaboration and knowledge sharing among your team members, as well as externally with clients, customers and service providers. You will leave this course with a solid understanding of how to tap into Office 365 to take your business digital. 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:

• Orientation to the Office 365 ecosystem
  
• Strategic value of deploying Office 365
  
• Using the Teams app as the central hub for your online communications and collaboration
  
• Setting up your file management system with SharePoint and OneDrive
  
• Leveraging the Office 365 mobile apps to take your office on the road
  
• Using the Planner app to track and manage team projects
  
• Harnessing the Forms app to convert your forms to digitally fillable online forms
  
• Orientation to the Office 365 Admin app
  
• Lightning round review of all the Office 365 apps so that you will be aware of all that Office 365 has to offer
  
• Tips and best practices for developing your Office 365 deployment strategy
  

Who will benefit:

Anyone who wants to understand how to get the most out of Office 365 to maximize productivity and enhance communication and collaboration

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

It is now common for those who live to the age of 65 to expect to live at least another 20 years. With increased length of life comes the need to understand that certain necessities must be considered for elderly/disabled clients. We walk you through issue spotting, including senior housing and care giving options, guardianships, conservatorships, financial and health care powers of attorney, Medicaid qualification and asset protection planning. 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:

• Review legal and care giving options that are available to individuals and their families for when the individual can no longer live alone and needs some assistance.
• Review caring for the individual at home by family caregivers, outside agencies and other, including household employee and homeowner's insurance issues, family caregiver respite care and adult day care.
• When care is no longer feasible in the home, we go through various living arrangement and financing options, including assisted living facilities, adult foster care homes and nursing homes and review how to protect family assets in such situations.

Who will benefit:

sbf111胜博发, Attorneys and Financial Planners with elderly clients.

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

Protect your clients' assets and shield their estates from increased taxation brought about by the changing tax code. This CPE course will help you to understand the tax obligations of trusts and estates and how these obligations affect beneficiaries. The course provides exercises and examples that reflect the calculation and allocation of taxable income and its presentation on the appropriate forms. You will also learn how to prepare federal Form 1041 and the accompanying schedules.

Learning Objectives:

· Identify the elements of trusts and estates.

· Recall the filing requirements for estates and trusts.

· Indicate how electing small business trusts are taxed.

· Identify which deductions and credits are allowed for estates and trusts.

· Recall the significance of the Uniform Principal and Income Act (UPAIA).

Who will benefit:

· sbf111胜博发

· Financial advisers

· Estate attorneys

THIS IS AN AICPA HOSTED WEBCAST. YOU WILL LAUNCH THE COURSE FROM YOUR OSCPA LEARNING 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.

Properly designed and effectively operating internal control over financial reporting is critical for preventing, or detecting and correcting, material misstatement. This course describes how to satisfy the audit requirements related to taking a control reliance strategy by testing the operating effectiveness of internal controls, while promoting an effective and efficient financial statement audit. 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:

• Generally accepted audit requirements related to testing controls for operating effectiveness
• Identifying key controls that may prove effective and efficient to test in a control reliance strategy
• Responses when deviations are discovered when evaluating the design or operating effectiveness of internal control
• Leveraging audit evidence available for Service Organization Control (SOC1) Reports
• General computer control considerations when evaluating the design and operating effectiveness of internal control over financial reporting

Who will benefit:

Accountants who have responsibility for evaluating the design and operating effectiveness of controls in a financial statement audit

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

Professional Skepticism - Creating a Mindset for Finding Fraud and Error is a critical skill for audit and other attest services. The public places a high value on assurance services provided by an external public accountant, as the CPA's involvement directly enhances the degree of confidence intended users can place on the financial statements to make economic decisions. A proper mindset, including professional skepticism, is a critical feature of a high-quality audit or other attest service. Professional skepticism is an essential attitude that enhances the ability to identify and respond to conditions that may indicate possible material misstatement, whether due to fraud or error. 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:

• The importance of professional skepticism, especially when performing audit or other attest services
• Specific fraud responsibilities in a financial statement audit
• The varying levels of persuasiveness of evidence to support assurance conclusions or opinions

Who will benefit:

Appropriate to use as a part of audit skills training for beginning auditors or as a refresher for experienced professionals on the critical role professional skepticism plays in audit and other assurance services.

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

Based on Government Auditing Standards, 2018 Revision, this course is essential for auditors performing Yellow Book audits. It provides detailed information about conducting engagements in accordance with the Yellow Book and requirements related to independence. This course will increase your knowledge of the requirements and application guidance related to ethics, standards for financial audits, attestation engagements, performance audits, and more.

Learning Objectives:

· Distinguish the types of engagements that are performed under generally accepted government auditing standards (GAGAS)

· Recognize the requirements found in Government Auditing Standards (Yellow Book)

· Identify the requirements and guidance related to independence

· Recall the requirements regarding CPE, professional judgement, quality control and peer review under GAGAS

· Identify the additional requirements for performing and reporting on a financial audit under GAGAS

· Recall the requirements for performing attestation and review of financial statement engagements and performance audits under GAGAS

Who will benefit:

· Government auditors

· Public accountants

THIS IS AN AICPA HOSTED WEBCAST. YOU WILL LAUNCH THE COURSE FROM YOUR OSCPA LEARNING 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.

Cash flow management is often the most important task of any CFO or financial leader. Regardless of whether one works in start-ups or established companies, non-profit or for-profit entities, cash flow makes our organizations run. Have you ever wondered whether you are optimizing your company's cash flow? In this course, we will explore how to improve your company's cash flow using analysis and financial theories in the context of real-world situations. 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:

• How do I optimize cash flow?
• Qualitative Evaluations – Core Earnings & Sustainable Growth
• Quantitative Evaluations – Liquidity Ratios
• Increasing Customer Base vs. Payment Terms
• Business Cycle & Cash
• Investing Company Cash
• What keeps companies from becoming streamlined?
• Behavioral Finance Biases
• Information Processing Biases
• Emotional Biases
• Dealing with Behavioral Biases

Who will benefit:

sbf111胜博发 in management roles who are looking to improve their company's cash flow.

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

One of the most important aspect of transforming your practice or business to a digital model is to know how to prioritize the applications and initiatives that you focus on and invest in. There is an abundance of "low hanging fruit" initiatives that can provide useful benefits quickly and economically. Using Microsoft Teams meeting app is a perfect example. Chances are pretty good that you are already investing in Microsoft 365 subscriptions for your office. This course will show you how to use the Microsoft 365 subscription ROI by fully utilizing the meeting app and eliminate the unnecessary cost of a separate third-party meeting app. 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:

• Overview of using Microsoft Teams for online meetings.
• Detailed review and analyze all the Teams meeting app features.
• Setting up a meeting with all the meeting options available.
• Tips for scheduling meetings with internal and external participants.
• Integrating with Microsoft Outlook.
• Creating a registration page for invitation only meetings.
• Managing your audio/video settings.
• Configuring your "in meeting" features.
• Recording and transcribing a meeting.
• Tips for hosting virtual meetings in Teams.

Who will benefit:

Anyone who uses Microsoft 365 and conducts online meetings.

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