This program focuses and actions businesses can take, even at the “last minute” to reduce taxable income or take advantage of a tax credit.
• Publication 4557 – protecting client data from identity theft
o IRS Practice Unite – “Five Signs of Small Business Identity Theft, New Protection Methods”
• New Form 3115 and instructions for accounting method changes
• Court decisions affecting ordinary taxpayers with common issues
• Inflation adjusted amounts of various deductions and tax credits
• IRS Practice Units (Training programs created by IRS for RS agents)
o “Basic Tools for Tax Professionals”
o “Link & Learn Taxes”
o “About” specific forms – 706, 709, 990, etc.
This course will look at the recent activities of FASB as well as the Auditing Standards Board and Accounting & Review Services Committee of the AICPA. We’ll look at the impact of the new standards and how you can prepare to implement them in a practical way. We’ll discuss the Audit Quality Initiative of the AICPA and take a look at some common audit issues.
Key focus areas include:
- Recent accounting standard updates (ASUs)
- Revenue recognition
- Financial instruments
- SAS 133
- SSARS 24
- AICPA Auditor’s Report
- Enhancing audit quality initiative
Why wait for your company's defenses to be breached?
Tackling Fraud Within the Workplace
Fraud consumes an estimated 5% of corporate revenue and every business--regardless of size--is a potential target for fraud. This workshop will explore the “why” and “how” behind the fraudulent activities occurring in the workplace. Oftentimes, dishonest employees target weaknesses in the company’s systems, or shrewd third parties use “social engineering” tactics to breach a company’s defenses. Proper fraud awareness training is crucial to a company’s well-being and culture. All levels inside a company, from employees to company owners, should have a basic knowledge and understanding of how these fraud schemes work and how to recognize the warning signs. The workshop will examine the schemes, the motives, the opportunities, the problems and the risks. We will also set the framework for evaluating matters from an ethical lens instead of only applying a business or personal lens.
Versatility is required for finance professionals to lead successful organizations. They must be aware of the latest proven financial skills to make the best decisions.
This course covers the fundamentals a Controller/CFO must know to best work with banks, insurers and bonding companies. Participants will learn how to work with management and use technology to improve accuracy and efficiencies.Find out more