CPE + Events Catalog

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!

Seniors face issues that complicate return preparation and planning. When to apply for social security? How is it taxed? What if they continue to work? Will an increased standard deduction affect charitable planning? Will downsizing affect interest and property tax deductions and payments? How to help children or grandchildren pay for a home or a college education?? We'll explore these questions and more.

The Corporate Transparency Act (CTA) was enacted into law in 1. The CTA mandates that millions of entities report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN). The requirement is for all domestic and foreign entities to file, unless they meet specific exclusions. While these filing requirements are not a part of a typical service engagement, your clients will likely have entities subject to these requirements and they may look to you for advice on how to comply, so it's important to understand the requirements and be prepared to make your clients aware. For entities already in place as of Dec. 23,3, they must file their reports by Jan. 1, 5. For new entities starting after Dec. 31, 3, the reporting must be filed in 30 days. It's important to note that failure to file will have monetary and potential criminal penalties.

This course integrates federal taxation with retirement planning. The course will examine tax and savings strategies related to determining retirement income needs, wealth building, capital preservation, and estate distribution. The result is a unified explanation of tax-economics that will permit the tax professional to locate, analyze, and solve financial aspects of retirement. Designed to improve the quality of services to clients and the profitability of engagements, the course projects the accountant into the world of retirement planning.

The healthcare industry in the United States marches on its evolutionary path, and political, economic, and legislative challenges will influence its future. This lesson explains the process of Telehealth, the documentation required and the environment around this new modality of the healthcare industry.

Surveys and field studies find that diverse teams are high-performing teams. Diverse teams value different perspectives and encourage the participation of team members through psychological safety, leading to higher team performance. Team diversity is an office-level characteristic, that is distinguishable from other characteristics studied in prior auditing literature, that has an incremental effect on audit quality. The positive association between team diversity and audit quality is robust to controlling other audit office and client characteristics. This positive association is even stronger for more complex and non-routine audit engagements.

This study examines associations between auditor provided tax compliance and tax planning services and tax avoidance and tax risk. Collectively, our results suggest that companies paying their auditors for tax planning advice are more effective tax planners (in terms of higher tax avoidance and lower tax risk) than firms that do not engage their auditor for tax work. Our tax avoidance results are more pronounced for clients of auditors with more tax expertise and longer tenure, as well as for firms with higher tax and operational complexity. We also find that our tax avoidance results hold only when firms also engage their auditors for tax compliance work, which is consistent with auditors seeking to minimize reputation threats. Our study's unique hand-collected panel dataset provides a more precise and nuanced perspective on the role auditors play in tax outcomes.

? Are you preparing Form 1041 for the first time? Do you need a review of what the fiduciary return involves? Estates, simple trusts and complex trusts file Form 1041/541. Learn how they differ from 1040/540.

In this continually revised course, tax advisors will be fully updated on the most recent enacted legislation and IRS guidance, as well as major trends on the horizon with a view toward planning considerations. This update course is designed for all practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes. Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BITU.

In this continually revised course, tax advisors will be fully updated on the most recent enacted legislation and IRS guidance, as well as major trends on the horizon with a view toward planning considerations. This update course is designed for all practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes. Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BITU.

This highly informative course comprehensively covers all the latest tax law developments. The focus is on individual taxation and discussion of the planning opportunities practitioners need to understand to help clients respond effectively. You will come away from the course with the up-to-date knowledge to educate your individual tax clients and implement tax-saving ideas that will serve their ever-evolving needs. This course is continually updated to reflect enacted legislation. Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BFTU.

This year practitioners need to keep abreast of tax changes affecting pass-through entities used by their business clients and employers, and this enlightening course delivers that information. You will learn invaluable strategies, techniques, innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations, partnerships, LLCs, and LLPs. In addition, this course will discuss current trends and emerging issues, helping practitioners stay informed about relevant and significant topics that may impact their clients. Continually updated to reflect enacted legislation.

This year practitioners need to keep abreast of tax changes affecting pass-through entities used by their business clients and employers, and this enlightening course delivers that information. You will learn invaluable strategies, techniques, innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations, partnerships, LLCs, and LLPs. In addition, this course will discuss current trends and emerging issues, helping practitioners stay informed about relevant and significant topics that may impact their clients. Continually updated to reflect enacted legislation.

Are you ready to strengthen your accounting practice through ethical leadership? In this engaging 4-hour course, you'll learn how to build a successful, resilient practice by mastering the key principles of ethical intelligence. You'll discover how to hire and retain high-performing team members who embody honesty, accountability, care, and courage. You'll apply the principles of ethical intelligence-Do No Harm, Make Things Better, Respect Others, Be Fair, and Care-to enhance your practice's financial health and long-term stability. We'll also explore the power of gratitude in creating a positive work environment, reducing turnover, and strengthening client relationships. Plus, you'll confront "zombie" myths that can undermine your practice and learn how to protect your business from financial and ethical risks. Through practical tools and interactive exercises, you'll ensure your practice is ethical, resilient, and financially secure for the long term. Who knew a 4-hour ethics course could be so practical-and fun? This course is offered in partnership with The Ethics Guy.

CalCPA's advocacy team provides insights into what's coming in 4-delving into federal, state and regulatory policies that impact you and your work. From the political landscape and upcoming elections to tax proposals, business policies, licensing requirements and emerging industry regulations, we've got you covered. Don't miss the opportunity to stay informed and stay ahead of the game.

This study uses difference-in-differences (DiD) analyses to examine the consequences of adopting the U.S. critical audit matter (CAM) disclosure requirement for preparers and users of financial reports. The CAM requirement is one of the largest expansions of the U.S. audit report since the 1940s. We document significant changes to financial statement footnotes referenced by CAMs, which suggests an indirect consequence where management disclosure changes in areas that are expected to be scrutinized following auditor-provided disclosure. Results also suggest that, on average, CAM disclosures do not provide incremental information to the market. To further examine market reaction, we develop well-specified prediction models for the expected number and subject areas of CAMs. We find limited initial evidence that the market reacts negatively when unexpected CAMs are disclosed. Overall, the findings provide insights on the new CAM standard and particularly demonstrate its relevance to management disclosure decisions and to the market.

Everyone agrees we need to administer useful employee evaluations. However, few managers take the necessary time to effectively plan for upcoming reviews or think about how to correctly administer each one. As a result, an employee review can be an unhelpful and negative event-or could be a great catalyst for future high performance. Gain insight to the performance cycle; learn the importance of continuous improvement through coaching; and identify 360s and other forms of data, among other topics. The webcast was originally broadcast on July 18, 2016. Note: There is a minimum passing rate of 70% for this course.

Benefit plan audits, a material but less understood public accounting service, represent a non-audit service that is "audit-related." We explore the implications of benefit plan audits for the financial statement audit and find that performing a benefit plan audit for a company significantly increases the likelihood that the firm will be selected as a company's financial statement auditor in the future, particularly for smaller audit firms. Companies that engage the same audit firm for both their benefit plan and financial statement audits have a significantly lower likelihood of misstatements and shorter audit report lags. There is also evidence consistent with the joint provision of these services creating greater bonding and higher switching costs for the financial statement audit. The findings speak to the continued debate over the effective market expansion of financial statement audit providers, audit quality determinants, and audit efficiencies.

Despite the growing interest in blockchain (BC) technology, recent research shows mixed perceptions due to its risks and returns. We utilize event study methodology to examine overall market reactions and to delineate how specific contexts associated with BC technology influence market reactions. Using 149 BC technology adoptions announced between January 2015 and December 2019, we find positive abnormal returns, reflecting investors' optimistic perception toward BC technology adoption. Specifically, we find that abnormal returns from BC technology are higher when used in a transformative strategic role and offered by leading vendors, suggesting that investors view this adoption as a value-enhancing activity. Our results are robust to the use of an alternative sample and different methods of measuring variables. Overall, our study provides insights for academics and practitioners to better understand the market value of BC technology adoptions.

In this highly competitive labor market, prioritizing diversity, equity, and inclusion (DEI) within your, or your client's organization, can help attract and retain top talent, increase performance and employee engagement, and much more. In fact, job candidates and employees prefer to work at diverse organizations: 76% of employees say a diverse workforce is important to them when evaluating job opportunities.