(SSBM108/27) Surgent's Enterprise Risk Management Concepts and Strategy for Small and Medium-Sized Companies
2027-06-30 12:00 (America/Detroit)
Event Description
The past few years have taught us that major risks can come at us from any direction and with barely a warning. All organizations operate in a risk environment, but all too often, they either don’t realize it or they don’t develop a strategy to deal with the risks. In this session, we will explore how risks work in both for-profit and not-for-profit organizations and how they can develop a strategy to identify, evaluate, and mitigate those risks. This program will not teach how to eliminate risks, but how to strategize how to reduce their total effect. We will liberally use case studies of both for-profit and not-for-profit companies to bridge the gap between concept and actual implementation. In each area we will explore what our experiences of the pandemic have taught us about this part of risk management.
Designed For
CFOs, controllers, and finance professionals
Objectives

Understand how risks can both positively and negatively affect the organization
Learn more about how we could have been better prepared for the pandemic
Determine the nature of risk in both large and small organizations
Understand the tolerance for risk in the organization
Match risks to proper strategy
Perform risk analysis and evaluations
See how the strategy of the organization represents risk

Major Subjects
Overview of ERM and how it affects all organizations What COVID-19 has taught us about risk management Risk tolerance and developing a plan Risk identification Risk analysis Risk responses Strategy risk
Instructions
None

(SSTX167/27) Surgent's How to Settle an Estate – An Overview
2027-06-30 12:00
Event Description
This course discusses the legal issues in probating and contesting a will, plus the practical issues involved when settling an estate – marshaling of assets, payment of creditors, and distribution and accounting to beneficiaries. Inventory of estate assets is also discussed.
Designed For
Accounting and Financial Professionals who wish to assist in settlement of an estate, regardless of size
Objectives

Describe the process of estate administration, including the basics of creating the estate
Identify the steps to take immediately upon the death of the decedent
State the problems and pitfalls associated with the distribution of estate assets
Know what to do when faced with legacies of solvent and insolvent estates

Major Subjects
Process of estate administration, including the basics of creating the estate, the role of the executor, and how to probate a will Steps to take immediately upon the death of the decedent and the importance of inventorying the estate assets Problems associated with the distribution of estate assets Utilizing family settlement agreements
Instructions
None

(SSTX112/27) Surgent's Section 199A: Applications and Challenges
2027-06-30 12:00
Event Description
Section 199A has been with us since the Tax Cuts and Jobs Act of 2017 was passed. Your clients look to you for explanations and best practices to maximize the 20 percent deduction. Pass-through entities and real estate investors stand to benefit from valuable tax cuts. The average practitioner cannot afford to be uninformed on the requirements of S199A. This program incorporates the experiences of many tax practitioners since the creation of S199A related to the calculation and application of this deduction. This course will cover all relevant facets and nuances of the deduction, as well as implementation issues and lessons that will be useful in advising clients this year. This program will include all relevant IRS guidance.
Designed For
Any tax practitioner wishing to understand and apply the S199A deduction
Objectives

Understand the 20 percent deduction for pass-through entity owners
Implement the benefits of this deduction for income tax returns
Understand the impact of the possible expiration of Section 199A in 2025

Major Subjects
Changes to Section 199A in the One Big Beautiful Bill Act of 2025 The latest guidance from the IRS provided through regulations or administrative announcements Taxpayers that own multiple entities and aggregation rules Calculating qualified business income The latest guidance on specified trades or businesses Taxable income limits on specified service trades or businesses Maximizing the 20 percent deduction for pass-through entities and Schedule Cs Accounting for negative QBI Whether particular tax entities offer a greater Section 199A deduction Whether the owner of a Schedule E with net rental income can claim the Section 199A deduction A look to the future. Will Section 199A survive?
Instructions
None

(SSAA264/27) Surgent's Surging Auditors: Wally’s Warehouse
2027-06-30 12:00
Event Description
During this interactive game, participants take the role of an auditor performing a physical inventory observation at a client’s warehouse. Participants will have the opportunity to use their powers of observation and exercise professional skepticism in identifying areas of risk that might need follow-up, interviewing Wally the client, and performing inventory test counts. After performing the test counts, participants will evaluate the results.
Designed For
Accounting professionals new to taking inventory observations
Objectives

Use your powers of observations and exercise professional skepticism to identify issues related to the physical inventory observation;
Identify high value questions to ask the client prior to performing the test counts;
Perform procedures to test the existence, completeness, and accuracy of the physical inventory count;
Evaluate the results obtained from the test counts performed

Major Subjects
Observation and professional skepticism Interviewing the client Performing test counts Evaluating the results obtained
Instructions
None

(SSAA243/27) Surgent's Examining ASC 842, Leases
2027-06-30 12:00
Event Description
ASC 842, Leases, is one of the more complex and impactful standards the FASB has updated in decades, likely second only to ASC 606, Revenue. This course is a one-stop shop for what you need to know about applying and understanding the lease accounting guidance. In this course, we will review how to measure the lease liability and right-of-use asset that will now be recorded on the balance sheet for all leases. We will also tackle the tricky issues of accounting for lease modifications and other lease remeasurement events, as well as address other major provisions of ASC 842, such as disclosures and short-term leases. In addition, we will review the income statement treatment of lease expense for all leases, for both lessees and lessors, and discuss recent FASB implementation guidance. Lastly, the course will cover all recent updates to the originally issued guidance in Topic 842, including those related to discount rates and common control arrangements.With ASC 842 fully implemented and effective, now is the time to get up to speed on this complex standard.
Designed For
Practicing CPAs and their staffs, both in public accounting and business and industry – controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review
Objectives

Comprehend and apply the FASB’s comprehensive new lease accounting guidance found in ASU No. 2016-02, Leases (Topic 842)
Recall operational issues in adopting ASC 842

Major Subjects
ASU No. 2016-02, Leases (Topic 842) Overall lease accounting guidance Lessor Accounting 101 Lessee Accounting 101 Detailed review of accounting by lessees and lessors Sale and leaseback transactions Other operational issues Recently issued updates to the lease accounting guidance ASU No. 2023-01, Common Control Arrangements
Instructions
None

(SSAA141/27) Surgent's Accounting Changes and Error Corrections - What Every CPA Needs to Know
2027-06-30 12:00
Event Description
This course provides an overview of the accounting requirements with respect to accounting changes and error corrections and the reporting implications within an entity’s financial statements. The scope of accounting changes includes a discussion of changes in accounting principles, changes in accounting estimates, as well as changes of a reporting entity. The course also provides an overview of the accounting requirements of correcting errors in previously issued financial statements as well as restatement considerations. A majority of the information included within this course is sourced from the requirements found within FASB ASC Topic No 250, Accounting Changes and Error Corrections.
Designed For
Practitioners who want to better understand FASB ASC Topic No 250, Accounting Changes and Error Corrections
Objectives

List the different types of accounting changes;and how they affect an entity’s financial statements
Differentiate between the requirements for the different types of accounting changes
Identify the steps involved in the required assessment for a correction of an error
Differentiate between the iron curtain and rollover methods for quantifying a correction of an error
Recognize the different types of restatements required as a result of accounting changes

Major Subjects
FASB ASC Topic No 250, Accounting Changes and Error Corrections Accounting changes;and error corrections taking the shape of: Changes in accounting principle; Changes in accounting estimates; Changes in reporting entity;
Instructions
None

(SSTX172/27) Surgent's Individual Income Tax Fundamentals
2027-06-30 12:00
Event Description
This course will take new and administrative staff from the most basic concepts to a full understanding of individual tax return preparation — just in time for the crunch of busy season! Updated for impacts of recent legislation. The course builds from a strong technical foundation, to prepare simple, to moderate, to complicated individual tax returns.
Designed For
New staff, rusty or those returning to the profession, who desire to prepare individual returns
Objectives

Prepare simple, to moderate, to complicated individual tax returns
Learn complicated issues of filing status and dependency exemptions
Understand issues with reporting capital gains transactions
Complete targeted comprehensive problems related to Schedule A, Schedule C, Schedule D, Form 4797, and Alternative Minimum Tax
Overview of passive activity rules
Complete several tax returns; many schedules and worksheets; answers with filled-in forms are provided

Major Subjects
Effects of recent legislation, including The One Big Beautiful Bill Act SECURE Act 2.0; The Qualified Business Income deduction; Filing information, filing status, personal exemptions, dependents, the standard deduction, etc.; Wages and salaries; Interest income, dividend income, mutual funds, Social Security; Figuring tax; Basic income tax preparation, Form 1040, and Schedules 1 – 3; Capital gains and losses; Medical and dental expenses, charitable contributions; IRA contributions and distributions; Distributions from qualified retirement plans, pensions, and annuities; Profit and loss from business or profession and self-employment tax; Depreciation; Rental income and expenses; Preparation of Schedules A, B, C, D, E, and Forms 4562, 4797, and more;
Instructions
None

(SSTX271/27) Surgent's Tax Forms Boot Camp: LLCs, Partnerships, and S Corporations
2027-06-30 12:00
Event Description
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, 1120-S and 1065, as building blocks for more complex concepts tax preparers should be aware of. The theoretical concepts are illustrated in comprehensive examples that incorporate the most up-to-date law changes and provisions.
Designed For
All levels of staff and company controllers responsible for filing these forms
Objectives

Learn in detail about the preparation of Form 1120-S, 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

Major Subjects
Updates related to HR 1, One Big Beautiful Bill Act – incorporated throughout the material The tax consequences, opportunities, and pitfalls of operating a business as a partnership, LLC, or S corporation Reporting requirements and filing exceptions for Schedules K-2 and K-3 Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations Income tax laws for S corporations ranging from eligibility and election to tax return preparation, stock basis, and loss limitation issues Recognizing and handling special pass-through items of income and expense Preparing S corporation returns and reconciling book income to taxable income Preparing partnership returns and reconciling book income to taxable income What the transactional method entails and how to report partners’ capital accounts under this method Properly handling the tax treatment of distributions to shareholders, partners, or members The special restrictions and sanctions for tax year-end selection 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
Instructions
None

(SSTX113/27) Surgent's Advanced Partnership/LLC Workshop: How to Do Optional Step-Up in Basis Under §754 and Related Provisions
2027-06-30 12:00
Event Description
This course explores the practical issues in the many instances in which a step-up in basis can create tax advantages for partners and members. This course includes case studies to illustrate the critical points.
Designed For
Accounting and Financial Professionals in public accounting who work extensively with LLC and partnership tax issues
Objectives

Distinguish the tax consequences of a partnership interest sale and of a partnership asset distribution with and without a Section 754 election
Identify circumstances when a Section 754 election may be beneficial
Calculate the basis adjustments to individual partnership properties when a Section 754 election is made

Major Subjects
Identifying when an election to adjust basis will be available Determining when the basis adjustment must be made or may be made without an election Learning how to make the calculations to determine a step-up and allocate that step-up among partnership assets Examining practical examples dealing with a sale of a partnership interest and the effects of Section 734(b) Exploring the alternatives to electing a basis adjustment Understanding a distribution of property and when an inside basis adjustment can be considered Studying examples dealing with sale of assets vs. sale of partnership interests and issues with hot assets Finding out how to keep track of the books for tax preparers when the inside basis adjustment is made, and how to flow through adjustments through a tax return and K-1
Instructions
None

(SSTX252/27) Surgent's Forms 1120-S and 1065 Return Review Boot Camp for New and Experienced Reviewers
2027-06-30 12:00
Event Description
Most review techniques developed by professionals are self-taught and fine-tuned via experience. Yet how does one start? The purpose of this course is to give both new and seasoned reviewers additional and advanced procedures via a multitude of checklists to more thoroughly review S corporation and partnership tax returns. Its emphasis is not planning; rather, it is to develop a strategy to properly review a return effectively and thoroughly. The course includes dozens of “practice tips for new reviewers” and is updated for impacts of newly enacted legislation.
Designed For
Senior-level staff new to the review process or experienced staff members looking to update and/or expand their review procedures
Objectives

Expand the process involved in reviewing applicable tax returns
Identify the most common areas that result in errors
Document a review, including consideration of risk management

Major Subjects
Reviews of portions of error-prone staff-prepared Forms 1120-S and 1065 from client-provided information What are common errors preparers make and what are the areas generating malpractice claims? Initial administrative groundwork The importance of Schedule M-1. Learn how various schedules are related and learn how to self-review Reporting requirements and filing exceptions for Schedules K-2 and K-3 Don’t fall prey to reporting oddities When can seemingly separately stated Schedule K items actually be trade or business items to report on Forms 1120-S or 1065? Form 1120-S – What exactly is terminating S elections today? How do I recognize a second class of stock? Maintaining shareholder basis schedules; beware of final IRS regulations regarding open debt; the default method of calculating basis versus the election under Section 1367; can an S corporation distribute earnings and profits from C corporation years? Form 1065 – New tax reporting requirement for partners’ capital balances Why use Section 704(b) to maintain capital accounts; Section 704(c) regulations for preventing the shifting of tax consequences among partners or members; allocating recourse, nonrecourse, and qualified nonrecourse debt; a review of Section 754 step-up in basis rules Multiple checklists of efficient procedures to identify potential issues on an 1120-S or 1065 tax return Major provisions of HR 1, One Big Beautiful Bill Act (OBBBA), relevant to course material have been included throughout
Instructions
None

(SSAA269/27) Surgent's SEC Hot Topics - MD&A and Non-GAAP Financial Measures
2027-06-30 12:00
Event Description
This course provides an overview of two of the most popular SEC topics which result in comment letters from the SEC. This includes a discussion of management’s discussion and analysis (MD&A) as well as Non-GAAP Financial Measures. These two areas consistently rank in the Top 10 for the most frequent comment letters issued to public companies by the SEC.
Designed For
Financial practitioners who want an overview of the focus areas related to MD&A and Non-GAAP Financial Measures
Objectives

Identify the SEC Regulation applicable to MD&A
Recognize the primary objective and focus areas related to MD&A
Identify key information that should be included within a company’s MD&A
Recognize the types of transactions that should be discussed in MD&A
Identify methods to enhance the presentation of MD&A

Major Subjects
The overall importance of the rules and regulations with respect to the Management’s Discussion and Analysis (MD&A) section of an entity’s consolidated financial statements filed with the U.S. Securities and Exchange Commission (SEC) An overview of Non-GAAP Financial Measures
Instructions
None

(SSBM110/27) Surgent's Enterprise Risk Management for Small and Medium-Sized Companies
2027-06-30 12:00
Event Description
The past few years have taught us that major risks can come at us from any direction and with barely a warning. All organizations operate in a risk environment; however, generally only the large for-profit organizations pay a lot of attention to risk management. Or, other organizations equate risk management to insurance and completely miss some of the most important things that create and affect risk. Many years ago, led by the financial industry, large companies introduced systematic analysis in evaluating risk; however, those skills have generally failed to transfer to small and medium-sized organizations. This program seeks to do exactly that. We will explore the needs and concepts of risk management, showing how they equally affect both large and small companies as well as for-profit and not-for-profit organizations. With liberal use of case studies, we will see how companies can face the issues of risk management and systematically develop a structure to identify, evaluate, and mitigate those risks. It is important to note that the program is not for the experienced risk manager of the large organization, but for the finance professional dealing with a small to medium-sized company who desires to establish or refine an integrated enterprise risk management strategy.
Designed For
CFOs, controllers, and finance professionals
Objectives

Understand the concepts of enterprise risk management
Recognize how we could have been better prepared for major changes
Determine the nature of risk in all-sized companies
Avoid being blind to obvious risks facing the company
Rid the company of the silo approach to risk
Perform risk identifications and evaluations
Match risk to insurance in the most economical way
Maximize organizational profits through reduction and transfer of risks
Understand the best approaches to cyber risk

Major Subjects
The nature of risk in any size or type of organization Risk tolerance and developing a risk plan Risk identification Risk evaluation Risk response Strategy risk Financial risk Marketing risk Compliance and liability risk Operational risk Environmental risk Cyber risk
Instructions
None

(SSOT137/27) Surgent's Max the Tax: Crowdfunding
2027-06-30 12:00
Event Description
Your client, Aida, wants to share an amazing new product and service with the world, but she needs funding. The product, a sensory jacket, syncs with virtual reality (VR) apps so people can use more of their senses in VR experiences. Ask relevant questions to create an effective fundraising campaign for the product.
Designed For
Accounting professionals and anyone needing foundational information related to crowdfunding
Objectives

Understand how crowdfunding platforms work
Be able to explain the different types of crowdfunding campaigns
Implement strategies for building a successful crowdfunding campaign

Major Subjects
How crowdfunding works The different types of crowdfunding programs Strategies for building a crowdfunding campaign
Instructions
None

(SSAA200/27) Surgent's FASB Update for Small and Medium-Sized Businesses: A Practical Implementation Guide
2027-06-30 12:00
Event Description
This course provides a detailed discussion on the key topics related to financial reporting. The course will focus on all recent ASUs issued by the FASB with a concentration on issues of greatest significance to most accounting practitioners. Specifically, the course will review all recently issued FASB updates, with a focus on those related to leases (ASC 842), and credit losses (ASC 326), which will impact virtually all companies. The course will address other challenging areas of accounting, such as accounting for income taxes and for debt instruments. Lastly, it will provide you with a comprehensive review of recent Private Company Standard-Setting activities and what is on the FASB’s technical agenda. This course is the place to go for a detailed understanding of all the goings on at the FASB that impact smaller and medium-sized companies.
Designed For
Small and medium-sized practicing CPAs and their staffs, both in public accounting and business and industry, controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review
Objectives

Be familiar with recent private company standard setting activities
Review recently issued FASB Accounting Standards Updates that relate to small and medium-sized businesses
Review the FASB’s recently issued lease accounting standard
Understand the changes coming with the FASB’s new credit losses standard
Be aware of other important practice matters
Utilize hands-on examples and illustrations to increase your overall understanding and application of the material

Major Subjects
Private company standard setting activities FASB Accounting Standards Updates (ASUs) relevant to smaller businesses Lease accounting implementation guidance ASC 326, Credit Losses Accounting for income taxes Accounting for debt instruments
Instructions
None

(SSAA279/27) Surgent's U.S. GAAP vs. IFRS - Rev Rec & Business Combinations
2027-06-30 12:00
Event Description
This course provides an overview of the similarities and key differences between the revenue recognition and business combination standards issued by the FASB and IASB. While these standards are similar in many material respects, there are notable differences that are good to understand. However, this course is not intended to provide an exhaustive discussion of these differences.
Designed For
Accounting professionals
Objectives

List the key steps in the revenue recognition model
Recognize the applicable U.S. GAAP and IFRS standard with respect to revenue recognition
Identify some of the key differences between ASC Topic 606 and IFRS 15
List the key steps in the acquisition method for business combinations
Recognize the applicable U.S. GAAP and IFRS standard with respect to business combinations
Identify some of the key differences between ASC Topic 805 and IFRS 3

Major Subjects
Determining the acquisition date Recognizing and measuring the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquiree Acquisition of contingencies Noncontrolling interests Recognizing and measuring goodwill or gain from a bargain purchase Measurement period adjustments Performance obligations in the Contract Noncash considerations Presentation of sales taxes Impairment reversal of capitalized contract costs Interim disclosures
Instructions
None

(SSAA278/27) Surgent's Understanding Derivatives and Hedge Accounting: A Simplified Guide for CPAs
2027-06-30 12:00
Event Description
This course provides CPAs with a comprehensive understanding of derivatives and hedging in financial management. Participants will explore the fundamentals of derivatives, their strategic role in risk management, and the differences between hedge accounting and traditional accounting methods. The course specifically covers fair value, cash flow, and net investment hedges, and discusses their practical applications. This course also addresses hedge accounting, including designation, documentation, and effectiveness testing.
Designed For
CPAs interested in derivatives and hedge accounting
Objectives

Identify derivatives’ strategic role in financial risk management
Recognize differences between hedge accounting and traditional methods
Distinguish fair value, cash flow, and net investment hedges in practice
Determine key steps in hedge accounting: designation, documentation, and effectiveness testing
Diffenentiate how fair value, cash flow, and net investment hedges mitigate financial risks

Major Subjects
Common types of derivatives Hedging vs. Speculation Market risk, credit risk, liquidity risk
Instructions
None

(SSAA184/27) Surgent's Guide and Update to Compilations, Reviews, and Preparations
2027-06-30 12:00
Event Description
Specifically designed for preparation, compilation, and review practitioners, this course provides a comprehensive review and hands-on application for performing financial statement preparation, compilation, and review engagements. You will learn the ins and outs of applying SSARS No. 21, Clarification and Recodification, as well as additional guidance related to SSARS engagements through the issuance of SSARS Nos. 22-27 by the AICPA’s Accounting and Review Services Committee (ARSC). The course also reviews recent peer review feedback on SSARS engagements, providing insights on how to successfully apply this guidance.Not only will this course bring you up to date on SSARSs requirements and guidance, but more importantly, it will provide you with practical examples and illustrations to help you effectively and efficiently perform compilation, preparation, and review engagements.
Designed For
Accounting practitioners and their staff performing and managing compilation, preparation, and review engagement services
Objectives

Understand and apply SSARS No. 21, Clarification and Recodification
Be familiar with changes related to the issuance of SSARS Nos. 22-27
Be familiar with preparation, compilation, and review program examples
Be aware of the most recent reports and other required communications

Major Subjects
SSARS No. 21, Clarification and Recodification, and updates to SSARS No. 21 due to the issuance of SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services SSARS No. 22, Compilation of Pro Forma Financial Information SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services – 2018 SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions SSARS No. 26, Quality Management for an Engagement Conducted in Accordance with Statements on Standards for Accounting and Review Services SSARS No. 27, Applicability of AR-C Section 70 to Financial Statements Prepared as Part of a Consulting Services Engagement Sample comprehensive engagement work programs for preparation, compilation, and review engagements
Instructions
None

(SSAA208/27) Surgent's Proven Controls to Steer You Clear of Fraud
2027-06-30 12:00
Event Description
Every organization in the world will fall victim to fraud. This course will cover the means and methods available to reduce the prevalence of fraud. We will also discuss the controls that victim organizations employ in order to seek improvements for our own organizations.
Designed For
CPAs in public practice and industry who wish to educate clients or colleagues on preventing fraud from occurring at the source – would-be fraudsters – and who wish to improve anti-fraud controls
Objectives

Recognize the prevalence of fraud
Grasp the importance of an internal control environment
Recognize potential signs of fraudulent behavior
See that there are many layers involved in fraud defense
Anticipate a new environment ripe for fraudulent claims and reports

Major Subjects
The price of fraud – ACFE’s Report to the Nations Deviant workplace behavior Combating fraud with controls Controls used by fraud victim organizations and suggestions for better implementation Fraud’s new frontier Corporate social, environmental, governance, and equity/inclusion reports and audits
Instructions
None

(SSAA231/27) Surgent's Internal Controls and COSO in a Post-COVID Landscape
2027-06-30 12:00
Event Description
Companies that fall victim to fraud schemes need to reassess internal controls in order to prevent future fraudulent activity. In this course, we will review the 18 most prevalent internal controls present as well as designed and operating effectively according to the Association of Certified Fraud Examiners’ Occupational Fraud 2022: A Report to the Nations. Then we will tie these controls to the 17 internal control principles offered by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), the framework used by virtually all entities and auditors to assess the design and operational effectiveness of internal controls. Lastly, we will consider the impact of the 2020 pandemic on the internal control environment in the post-COVID pandemic era.
Designed For
CPAs in public practice and industry who wish to educate clients or colleagues on how to assess internal controls and adapt in the post-COVID era
Objectives

Understand that fraud occurs in companies with seemingly sound internal control structures
Assess how internal controls fit into the COSO framework and determine whether mitigating controls;are sufficient
Understand the difference between reactions and responses to changing circumstances;
Recognize that the days of working in an office may be numbered (or certainly reduced)
Recognize that the increase of remote work options presents new, sometimes shocking challenges
Understand that audits and other attestation engagements can actually be performed remotely, reducing time and cost

Major Subjects
ACFE’s Occupational Fraud 2022:;A;Report to the Nations and the most commonly found controls in fraud victim organizations; Internal controls in relation to COSO principles How to employ controls to cut losses How to modify controls in the post-COVID era Remote work circumstances and considerations
Instructions
None

(SSTX180/27) Surgent's Individual Tax Planning Ideas
2027-06-30 12:00
Event Description
With the far-reaching changes brought about by recent tax reform, careful planning takes on new importance. This course presents the most important income tax planning ideas wealthy clients and closely held business owners need to consider this year to take advantage of the present and plan for the future. It highlights areas in the income tax return that suggest future opportunities for the individual client. Continuously updated for the latest legislation and IRS guidance.
Designed For
All practitioners involved in tax planning for individuals who need to go beyond basic tax and financial planning techniques
Objectives

Identify areas where individual taxpayers are not taking full advantage of the Code
Know the directions in which taxes are changing or are likely to change and how that affects planning

Major Subjects
Comprehensive coverage of the One Big Beautiful Tax Bill Act Reading a tax return for developing client-specific tax strategies Changes to the lifetime estate tax exemption considering proposed regulations Retirement planning in light of IRA and RMD changes Review of pertinent changes from recent legislation Reading a tax return for developing client-specific tax strategies Identifying tax opportunities: reviewing the prior-year return to develop a plan for the future Compensation and fringe benefit issues Identify clients with net investment income tax problems and the potential ways to reduce or eliminate them All in the family: Tax tactics for spouses, children, and parents
Instructions
None

(SSAA157/27) Surgent's Annual Auditing Update
2027-06-30 12:00
Event Description
Designed for accounting, audit, and attestation practitioners at all levels in both public accounting and business and industry, this course provides an overview of the recent pronouncements and guidance issued by the AICPA related to audit and attest standards, including a discussion of SAS 142, effective for 2022 audits, and SASs 143-145, effective for 2023 audits. The course also covers recent activity by the AICPA’s Professional Ethics Executive Committee related to the AICPA’s Code of Professional Conduct, as well as proposed updates to the AICPA’s quality management standards. Lastly, the course will provide an update on the status of the AICPA’s enhancing engagement quality initiatives. The course is a one-stop shop to get you up to speed on recently issued AICPA guidance.
Designed For
Accounting and attestation practitioners at all levels in both public accounting and private industry
Objectives

Identify and understand the requirements of recently issued SASs
Recall the key provisions of Code of Conduct updates
Identify key elements of the AICPA’s new guidance on quality management
Develop implementation tips and best practices related to these new standards
Implement best practices for enhancing engagement quality

Major Subjects
AICPA hot topics and standard setting initiatives Discussion of new standard on audit evidence, SAS 142, effective for years ended December 31, 2022 Discussion of new standards on auditing accounting estimates, use of specialists, and the risk assessment process, SASs 143-145, effective for years ended December 31, 2023 Recent updates to the AICPA’s Code of Professional Conduct Recently issued or proposed updates to other AICPA professional guidance
Instructions
None

(SSTX105/27) Surgent's Limited Liability Companies: Losses, Liquidations, Terminations, Continuations, and Sales
2027-06-30 12:00
Event Description
The purpose of this course is to provide an in-depth discussion of selected advanced-level issues affecting LLCs and LLPs.
Designed For
Accounting and Financial Professionals with clients using the LLC or LLP structure who need to understand advanced issues, problems, and planning strategies
Objectives

Identify when distributions are taxable, including disguised sales and the tax on pre-contribution gain
Discuss the tax consequences of a liquidation of a partner’s interest
Describe the options when a partnership terminates or continues following an acquisition or merger;
Explain the tax consequences of a sale of an interest and distinguish such consequences from the tax consequences when a partnership or LLC is acquired or merges into another LLC or partnership

Major Subjects
When are distributions taxable? Miscellaneous issues, including the critical difference between Section 736(a) and Section 736(b) payments Sales of an LLC interest — holding period and hot asset issues
Instructions
None

(SSAA146/27) Surgent's Accounting for Guarantees
2027-06-30 12:00
Event Description
Guarantees are often included within certain purchase agreements, sales agreements, commercial agreements, and many other types of agreements. This course provides an overview of the accounting, reporting, and disclosure requirements related to guarantees. The U.S. GAAP guidance related to guarantees is prescribed by ASC Topic 460.
Designed For
CPAs in need of an overview of the accounting, reporting, and disclosure requirements related to guarantees.
Objectives

Identify the primary types of guarantees
Recognize the guarantees that are within the scope of ASC Topic 460
Identify the recognition, measurement, and subsequent measurement requirements of guarantees
Recognize key disclosure requirements for guarantees

Major Subjects
Overview of the accounting related to guarantees Review of the reporting related to guarantees Examination of the disclosure requirements related to guarantees
Instructions
None

(SSAA266/27) Surgent's Surging Auditors: Internal Out of Control
2027-06-30 12:00
Event Description
In this hands-on game, participants are helping to prepare an internal control testing plan for Home D?cor & More (HDM). They must assess controls related to HDM’s inventory cycle to determine which financial statement assertions each control satisfies, the quality of the control’s design, and whether there is adequate segregation of duties. Then, they will complete the HDM control testing plan, including the level of reliance to place on each control and the test of control methods. Each participant wants to be spot-on with the evaluation before submitting the information to a manager for feedback.
Designed For
Accounting and financial service professionals needing a refresher on internal control testing plans and related standards
Objectives

Explain the professional standards related to and rationale for understanding and testing internal controls
Discuss the professional standards related to testing controls for operating effectiveness
Illustrate the appropriate level of linkage between the work performed in testing internal controls, control reliance and reporting on internal controls
Identify impact of a control reliance strategy on the detailed audit plan

Major Subjects
Refresher on understanding internal controls When testing internal controls is required When testing of internal controls is an effective strategy to reduce substantive testing Designing tests of controls Responses when deviations are discovered in the design or operating effectiveness of internal control
Instructions
None

(SSAA237/27) Surgent's How to Account for Internal-Use Software Arrangements
2027-06-30 12:00
Event Description
This course provides an overview of the accounting for internal-use software. The accounting and reporting requirements related to internal-use software can be found within ASC Topic 350-40. The primary information addressed within this ASC Topic relates to the development costs that should and should not be capitalized, how those costs are amortized, how they are tested for impairment, as well as presentation and disclosure requirements.
Designed For
Professional accountants
Objectives

Distinguish between software that is considered internal-use and not considered internal-use
Recognize how implementation costs are accounted for in various stages of software development
Identify when capitalization and amortization should commence
Recognize how implementation costs of hosting arrangements are accounted for differently

Major Subjects
Development costs that should and should not be capitalized How these costs are amortized and how they are tested for impairment Presentation and disclosure requirements
Instructions
None

(SSAA283/27) Surgent's Understanding and Testing Control and Compliance in a Single Audit
2027-06-30 12:00
Event Description
Single audits bring unique control and compliance requirements that differ from GAAS, often leaving auditors uncertain about where their responsibilities truly begin and end. This course removes that uncertainty by clearly outlining auditor responsibilities and providing practical guidance for applying single audit requirements with confidence. Through 20 focused, hands-on exercises, you’ll strengthen your skills in control and compliance testing and gain the insight needed to perform single audits more efficiently and effectively.
Designed For
Auditors performing single audits
Objectives

Understand the auditor’s responsibilities related to internal control in single audits
Skillfully apply the single audit requirements related to testing direct and material compliance requirements for major programs
Perform single audits that make peer reviewers happy

Major Subjects
The essential internal control concepts applied in single audits How auditors obtain an understanding of controls over compliance and test the effectiveness of those controls in single audits How auditors plan and perform tests of compliance in single audits The identification and reporting of control and compliance findings
Instructions
None

(SSAA181/27) Surgent's Compilations, Reviews, and Preparations: Engagement Performance and Annual Update
2027-06-30 12:00
Event Description
Specifically designed for preparation, compilation, and review practitioners, this course will provide you with a comprehensive review and hands-on application for performing financial statement preparation, compilation, and review engagements. You will learn the ins and outs of applying SSARS No. 21, Clarification and Recodification, as well as the additional guidance related to SSARS engagements through the issuance of SSARS Nos. 22-26 by the ARSC. In addition to SSARS 26, the entire suite of quality management standards is discussed.However, knowing the standards is not enough. You need to be able to effectively apply them. To support this, the course will review recent peer review feedback on SSARS engagements, providing insights on how to successfully apply this guidance.Not only will this course bring you up to date on SSARS requirements and guidance, but more importantly, it will provide you with practical examples and illustrations to help you effectively and efficiently perform these types of engagements. This course is intended to be your go-to reference for training your staff and managing your SSARS No. 21-26 services in compliance with professional, ethical, and technical requirements.
Designed For
Accounting practitioners and their staff performing and managing compilation, preparation, and review engagement services
Objectives

Understand and apply SSARS No. 21, Clarification and Recodification
Be familiar with changes due to the issuance of SSARS Nos. 22-26
Be familiar with compilation and review program examples and disclosure illustrations
Identify and apply compilation, preparation, and review procedures
Be aware of the most recent compilation and review reports and other communications
Utilize hands-on examples and illustrations to increase your overall understanding and application of the material

Major Subjects
SSARS No. 21, Clarification and Recodification, and updates to SSARS No. 21 due to the issuance of SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services SSARS No. 22, Compilation of Pro Forma Financial Information SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services – 2018 SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions SSARS No. 26, Quality Management for an Engagement Conducted in Accordance With Statements on Standards for Accounting and Review Services Sample comprehensive engagement work programs for preparation, compilation, and review engagements Reporting and disclosure illustrations for each level of service, including attesting on personal financial statements, prescribed form, special purpose frameworks, and other engagement variations Other communication requirements, such as sample engagement letters and management representation letters
Instructions
None

(SSAA215/27) Surgent's FASB Update: New and Recent Accounting Standards Updates
2027-06-30 12:00
Event Description
Designed for practitioners and their staff, whether in public accounting or business and industry, this course will provide you with an update of recently issued FASB Accounting Standards Updates (ASUs), and a review of the guidance related to ASC 842, Leases.
Designed For
Practicing CPAs and their staff, both in public accounting and business and industry — controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review
Objectives

Identify and apply the latest FASB Accounting Standards Updates
Review key challenges related to ASC 842 implementation

Major Subjects
Recently issued FASB Accounting Standards Updates Implementation issues related to ASC Topic 842, Leases
Instructions
None

(SSAA217/27) Surgent's Annual FASB Update and Review
2027-06-30 12:00
Event Description
This course provides a detailed discussion on the key topics related to financial reporting, though in a summarized format. The course will focus on recent ASUs issued by the FASB with a concentration on issues of greatest significance to most accounting practitioners, with the greatest emphasis on those ASUs effective in 2024 and 2025. Specifically, the course will review recently issued FASB standards on disaggregated expenses, cryptocurrency (e.g., crypto assets), and the final stages of the ASC 606 post-implementation review (PIR) report findings and other hot-button accounting issues, such as what is on the FASB’s technical agenda. Lastly, we will provide an overview of non-GAAP financial measures disclosed by companies and review the current SEC and IFRS guidance over such measures and their disclosure. This course is the place to go for a succinct but thorough update on the big topics impacting financial accounting and reporting.
Designed For
Practicing CPAs and their staffs, both in public accounting and business and industry, as well as controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review
Objectives

Be aware of recent private company standard setting activities
Review the latest FASB Accounting Standards Updates (ASUs)
Understand the recently implemented lease accounting guidance found in Topic 842, Leases
Recall key provisions of recently issued FASB Updates
Recall common non-GAAP financial measures and requirements surrounding their disclosure
Understand the key provisions and updates to Topic 606, Revenue from Contracts with Customers, and the results of the final stage of the FASB’s PIR process, including its final report on the topic

Major Subjects
Private company standard setting activities Recent FASB Accounting Standards Updates (ASUs), including those addressing crypto assets (i.e., cryptocurrency) Non-GAAP financial measures ASC 606, Revenue from Contracts with Customers ASC 606 final PIR report findings
Instructions
None

(SSTX269/27) Surgent's Comprehensive Guide to Tax Depreciation, Expensing, and Property Transactions
2027-06-30 12:00
Event Description
With a greater-than-ever S179 deduction boosted by additional first-year depreciation and pandemic-related business-friendly provisions, these are unprecedented times for businesses to make major asset investments.From the most-up-to-date depreciation regulations to inflation adjustments and technical corrections, this course will help you navigate the complex maze of rules dealing with depreciation, amortization, and sales of property. This reference manual contains a wide range of case types and examples, covering common and uncommon situations to illustrate the most important points CPAs need to be aware of.
Designed For
CPAs in industry and public accounting who need a thorough grasp of this important area of tax law and who want to maximize the possible tax savings for their clients
Objectives

Understand which assets are subject to depreciation
Answer advanced Section 179 and automobile depreciation questions
Fully understand depreciation and MACRS cost recovery
Understand installment sales and reacquisitions
Complete cases related to depreciation and sales of assets

Major Subjects
Final regulations – bonus depreciation and Section 1031 exchanges Technical correction Rev. Proc. 2019-13 – use it or stand to lose second-year depreciation deductions for luxury automobiles What are the components for real estate depreciation? A new SUV or sedan? A study of depreciation alternatives Permanency in Section 179 depreciation rules? How to maximize its use; when to use it; and what property qualifies Sale of property and the depreciation recapture rules (Section Section 1245, 1250, unrecaptured Section 1250 gain for real estate, Section 291 for corporations) How to depreciate like-kind exchange property May Section 121 and Section 1031 apply to the same transfer of property? Reacquired installment sale property – calculating potential gain and new basis Understanding Section 197 amortization issues; how to handle intangible asset costs Depreciation issues, tax-deferred exchanges, personal property converted to business property, and an overview of home sale exclusion Guide for compliance and planning issues Cases and rulings of depreciation and amortization issues and how they impact clients, along with the useful planning opportunities
Instructions
None
