BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.16.4//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:South Carolina Association of CPAs X-ORIGINAL-URL:https://sc.cpa X-WR-CALDESC:Events for South Carolina Association of CPAs REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/Detroit BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20260308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20261101T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20270314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20271107T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20280312T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20281105T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T221914Z LAST-MODIFIED:20260613T045520Z UID:10005990-1814356800-1814356800@sc.cpa SUMMARY:(SSOT137/27) Surgent's Max the Tax: Crowdfunding DESCRIPTION:Event Description\nYour 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. \nDesigned For\nAccounting professionals and anyone needing foundational information related to crowdfunding \nObjectives\n\nUnderstand how crowdfunding platforms work\n Be able to explain the different types of crowdfunding campaigns\n Implement strategies for building a successful crowdfunding campaign\n\nMajor Subjects\nHow crowdfunding works The different types of crowdfunding programs Strategies for building a crowdfunding campaign \nInstructions\nNone URL:https://sc.cpa/event/ssot137-27-surgents-max-the-tax-crowdfunding/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222008Z LAST-MODIFIED:20260613T045523Z UID:10005992-1814356800-1814356800@sc.cpa SUMMARY:(SSAA200/27) Surgent's FASB Update for Small and Medium-Sized Businesses: A Practical Implementation Guide DESCRIPTION:Event Description\nThis 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. \nDesigned For\nSmall 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 \nObjectives\n\nBe familiar with recent private company standard setting activities\n Review recently issued FASB Accounting Standards Updates that relate to small and medium-sized businesses\n Review the FASB’s recently issued lease accounting standard\n Understand the changes coming with the FASB’s new credit losses standard\n Be aware of other important practice matters\n Utilize hands-on examples and illustrations to increase your overall understanding and application of the material\n\nMajor Subjects\nPrivate 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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa200-27-surgents-fasb-update-for-small-and-medium-sized-businesses-a-practical-implementation-guide/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222009Z LAST-MODIFIED:20260613T045525Z UID:10005994-1814356800-1814356800@sc.cpa SUMMARY:(SSAA279/27) Surgent's U.S. GAAP vs. IFRS - Rev Rec & Business Combinations DESCRIPTION:Event Description\nThis 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. \nDesigned For\nAccounting professionals \nObjectives\n\nList the key steps in the revenue recognition model\n Recognize the applicable U.S. GAAP and IFRS standard with respect to revenue recognition\n Identify some of the key differences between ASC Topic 606 and IFRS 15\n List the key steps in the acquisition method for business combinations\n Recognize the applicable U.S. GAAP and IFRS standard with respect to business combinations\n Identify some of the key differences between ASC Topic 805 and IFRS 3\n\nMajor Subjects\nDetermining 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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa279-27-surgents-u-s-gaap-vs-ifrs-rev-rec-business-combinations/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222015Z LAST-MODIFIED:20260613T045538Z UID:10006002-1814356800-1814356800@sc.cpa SUMMARY:(SSAA278/27) Surgent's Understanding Derivatives and Hedge Accounting: A Simplified Guide for CPAs DESCRIPTION:Event Description\nThis 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. \nDesigned For\nCPAs interested in derivatives and hedge accounting \nObjectives\n\nIdentify derivatives’ strategic role in financial risk management\n Recognize differences between hedge accounting and traditional methods\n Distinguish fair value\, cash flow\, and net investment hedges in practice\n Determine key steps in hedge accounting: designation\, documentation\, and effectiveness testing\n Diffenentiate how fair value\, cash flow\, and net investment hedges mitigate financial risks\n\nMajor Subjects\nCommon types of derivatives Hedging vs. Speculation Market risk\, credit risk\, liquidity risk \nInstructions\nNone URL:https://sc.cpa/event/ssaa278-27-surgents-understanding-derivatives-and-hedge-accounting-a-simplified-guide-for-cpas/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222122Z LAST-MODIFIED:20260613T050910Z UID:10006011-1814356800-1814356800@sc.cpa SUMMARY:(SSAA184/27) Surgent's Guide and Update to Compilations\, Reviews\, and Preparations DESCRIPTION:Event Description\nSpecifically 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. \nDesigned For\nAccounting practitioners and their staff performing and managing compilation\, preparation\, and review engagement services \nObjectives\n\nUnderstand and apply SSARS No. 21\, Clarification and Recodification\n Be familiar with changes related to the issuance of SSARS Nos. 22-27\n Be familiar with preparation\, compilation\, and review program examples\n Be aware of the most recent reports and other required communications\n\nMajor Subjects\nSSARS 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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa184-27-surgents-guide-and-update-to-compilations-reviews-and-preparations/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222209Z LAST-MODIFIED:20260613T050913Z UID:10006015-1814356800-1814356800@sc.cpa SUMMARY:(SSAA208/27) Surgent's Proven Controls to Steer You Clear of Fraud DESCRIPTION:Event Description\nEvery 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. \nDesigned For\nCPAs 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 \nObjectives\n\nRecognize the prevalence of fraud\n Grasp the importance of an internal control environment\n Recognize potential signs of fraudulent behavior\n See that there are many layers involved in fraud defense\n Anticipate a new environment ripe for fraudulent claims and reports\n\nMajor Subjects\nThe 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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa208-27-surgents-proven-controls-to-steer-you-clear-of-fraud/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222213Z LAST-MODIFIED:20260613T051011Z UID:10006021-1814356800-1814356800@sc.cpa SUMMARY:(SSAA231/27) Surgent's Internal Controls and COSO in a Post-COVID Landscape DESCRIPTION:Event Description\nCompanies 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. \nDesigned For\nCPAs 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 \nObjectives\n\nUnderstand that fraud occurs in companies with seemingly sound internal control structures\n Assess how internal controls fit into the COSO framework and determine whether mitigating controls;are sufficient\n Understand the difference between reactions and responses to changing circumstances;\n Recognize that the days of working in an office may be numbered (or certainly reduced)\n Recognize that the increase of remote work options presents new\, sometimes shocking challenges\n Understand that audits and other attestation engagements can actually be performed remotely\, reducing time and cost\n\nMajor Subjects\nACFE’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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa231-27-surgents-internal-controls-and-coso-in-a-post-covid-landscape/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222215Z LAST-MODIFIED:20260613T051013Z UID:10006023-1814356800-1814356800@sc.cpa SUMMARY:(SSTX180/27) Surgent's Individual Tax Planning Ideas DESCRIPTION:Event Description\nWith 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. \nDesigned For\nAll practitioners involved in tax planning for individuals who need to go beyond basic tax and financial planning techniques \nObjectives\n\nIdentify areas where individual taxpayers are not taking full advantage of the Code\n Know the directions in which taxes are changing or are likely to change and how that affects planning\n\nMajor Subjects\nComprehensive 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 \nInstructions\nNone URL:https://sc.cpa/event/sstx180-27-surgents-individual-tax-planning-ideas/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222313Z LAST-MODIFIED:20260613T051016Z UID:10006027-1814356800-1814356800@sc.cpa SUMMARY:(SSAA157/27) Surgent's Annual Auditing Update DESCRIPTION:Event Description\nDesigned 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. \nDesigned For\nAccounting and attestation practitioners at all levels in both public accounting and private industry \nObjectives\n\nIdentify and understand the requirements of recently issued SASs\n Recall the key provisions of Code of Conduct updates\n Identify key elements of the AICPA’s new guidance on quality management\n Develop implementation tips and best practices related to these new standards\n Implement best practices for enhancing engagement quality\n\nMajor Subjects\nAICPA 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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa157-27-surgents-annual-auditing-update/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222314Z LAST-MODIFIED:20260613T051017Z UID:10006028-1814356800-1814356800@sc.cpa SUMMARY:(SSTX105/27) Surgent's Limited Liability Companies: Losses\, Liquidations\, Terminations\, Continuations\, and Sales DESCRIPTION:Event Description\nThe purpose of this course is to provide an in-depth discussion of selected advanced-level issues affecting LLCs and LLPs. \nDesigned For\nAccounting and Financial Professionals with clients using the LLC or LLP structure who need to understand advanced issues\, problems\, and planning strategies \nObjectives\n\nIdentify when distributions are taxable\, including disguised sales and the tax on pre-contribution gain\n Discuss the tax consequences of a liquidation of a partner’s interest\n Describe the options when a partnership terminates or continues following an acquisition or merger;\n 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\n\nMajor Subjects\nWhen 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 \nInstructions\nNone URL:https://sc.cpa/event/sstx105-27-surgents-limited-liability-companies-losses-liquidations-terminations-continuations-and-sales/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222317Z LAST-MODIFIED:20260613T051025Z UID:10006032-1814356800-1814356800@sc.cpa SUMMARY:(SSAA146/27) Surgent's Accounting for Guarantees DESCRIPTION:Event Description\nGuarantees 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. \nDesigned For\nCPAs in need of an overview of the accounting\, reporting\, and disclosure requirements related to guarantees. \nObjectives\n\nIdentify the primary types of guarantees\n Recognize the guarantees that are within the scope of ASC Topic 460\n Identify the recognition\, measurement\, and subsequent measurement requirements of guarantees\n Recognize key disclosure requirements for guarantees\n\nMajor Subjects\nOverview of the accounting related to guarantees Review of the reporting related to guarantees Examination of the disclosure requirements related to guarantees \nInstructions\nNone URL:https://sc.cpa/event/ssaa146-27-surgents-accounting-for-guarantees/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222318Z LAST-MODIFIED:20260613T051107Z UID:10006033-1814356800-1814356800@sc.cpa SUMMARY:(SSAA266/27) Surgent's Surging Auditors: Internal Out of Control DESCRIPTION:Event Description\nIn 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. \nDesigned For\nAccounting and financial service professionals needing a refresher on internal control testing plans and related standards \nObjectives\n\nExplain the professional standards related to and rationale for understanding and testing internal controls\n Discuss the professional standards related to testing controls for operating effectiveness\n Illustrate the appropriate level of linkage between the work performed in testing internal controls\, control reliance and reporting on internal controls\n Identify impact of a control reliance strategy on the detailed audit plan\n\nMajor Subjects\nRefresher 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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa266-27-surgents-surging-auditors-internal-out-of-control/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222509Z LAST-MODIFIED:20260613T051211Z UID:10006050-1814356800-1814356800@sc.cpa SUMMARY:(SSAA237/27) Surgent's How to Account for Internal-Use Software Arrangements DESCRIPTION:Event Description\nThis 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. \nDesigned For\nProfessional accountants \nObjectives\n\nDistinguish between software that is considered internal-use and not considered internal-use\n Recognize how implementation costs are accounted for in various stages of software development\n Identify when capitalization and amortization should commence\n Recognize how implementation costs of hosting arrangements are accounted for differently\n\nMajor Subjects\nDevelopment costs that should and should not be capitalized How these costs are amortized and how they are tested for impairment Presentation and disclosure requirements \nInstructions\nNone URL:https://sc.cpa/event/ssaa237-27-surgents-how-to-account-for-internal-use-software-arrangements/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222510Z LAST-MODIFIED:20260613T044511Z UID:10006051-1814356800-1814356800@sc.cpa SUMMARY:(SSAA283/27) Surgent's Understanding and Testing Control and Compliance in a Single Audit DESCRIPTION:Event Description\nSingle 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. \nDesigned For\nAuditors performing single audits \nObjectives\n\nUnderstand the auditor’s responsibilities related to internal control in single audits\n Skillfully apply the single audit requirements related to testing direct and material compliance requirements for major programs\n Perform single audits that make peer reviewers happy\n\nMajor Subjects\nThe 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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa283-27-surgents-understanding-and-testing-control-and-compliance-in-a-single-audit/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222513Z LAST-MODIFIED:20260613T044513Z UID:10006057-1814356800-1814356800@sc.cpa SUMMARY:(SSAA181/27) Surgent's Compilations\, Reviews\, and Preparations: Engagement Performance and Annual Update DESCRIPTION:Event Description\nSpecifically 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. \nDesigned For\nAccounting practitioners and their staff performing and managing compilation\, preparation\, and review engagement services \nObjectives\n\nUnderstand and apply SSARS No. 21\, Clarification and Recodification\n Be familiar with changes due to the issuance of SSARS Nos. 22-26\n Be familiar with compilation and review program examples and disclosure illustrations\n Identify and apply compilation\, preparation\, and review procedures\n Be aware of the most recent compilation and review reports and other communications\n Utilize hands-on examples and illustrations to increase your overall understanding and application of the material\n\nMajor Subjects\nSSARS 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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa181-27-surgents-compilations-reviews-and-preparations-engagement-performance-and-annual-update/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222514Z LAST-MODIFIED:20260613T051218Z UID:10006059-1814356800-1814356800@sc.cpa SUMMARY:(SSAA215/27) Surgent's FASB Update: New and Recent Accounting Standards Updates DESCRIPTION:Event Description\nDesigned 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. \nDesigned For\nPracticing 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 \nObjectives\n\nIdentify and apply the latest FASB Accounting Standards Updates\n Review key challenges related to ASC 842 implementation\n\nMajor Subjects\nRecently issued FASB Accounting Standards Updates Implementation issues related to ASC Topic 842\, Leases \nInstructions\nNone URL:https://sc.cpa/event/ssaa215-27-surgents-fasb-update-new-and-recent-accounting-standards-updates/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222519Z LAST-MODIFIED:20260613T044519Z UID:10006065-1814356800-1814356800@sc.cpa SUMMARY:(SSAA217/27) Surgent's Annual FASB Update and Review DESCRIPTION:Event Description\nThis 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. \nDesigned For\nPracticing 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 \nObjectives\n\nBe aware of recent private company standard setting activities\n Review the latest FASB Accounting Standards Updates (ASUs)\n Understand the recently implemented lease accounting guidance found in Topic 842\, Leases\n Recall key provisions of recently issued FASB Updates\n Recall common non-GAAP financial measures and requirements surrounding their disclosure\n 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\n\nMajor Subjects\nPrivate 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 \nInstructions\nNone URL:https://sc.cpa/event/ssaa217-27-surgents-annual-fasb-update-and-review/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222524Z LAST-MODIFIED:20260613T045015Z UID:10006070-1814356800-1814356800@sc.cpa SUMMARY:(SSTX269/27) Surgent's Comprehensive Guide to Tax Depreciation\, Expensing\, and Property Transactions DESCRIPTION:Event Description\nWith 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. \nDesigned For\nCPAs 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 \nObjectives\n\nUnderstand which assets are subject to depreciation\n Answer advanced Section 179 and automobile depreciation questions\n Fully understand depreciation and MACRS cost recovery\n Understand installment sales and reacquisitions\n Complete cases related to depreciation and sales of assets\n\nMajor Subjects\nFinal 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 \nInstructions\nNone URL:https://sc.cpa/event/sstx269-27-surgents-comprehensive-guide-to-tax-depreciation-expensing-and-property-transactions/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222605Z LAST-MODIFIED:20260613T044624Z UID:10006073-1814356800-1814356800@sc.cpa SUMMARY:(SSTX212/27) Surgent's Preparing C Corporation Tax Returns for New Staff and Paraprofessionals DESCRIPTION:Event Description\nThis course is a great foundation to introduce new preparers to tax rules related to business returns. The course covers tax areas affecting all business entities\, providing a solid basis for staff to handle business entity returns. Such business tax topics include the sale of assets used in a trade or business (Form 4797)\, depreciation (Form 4562)\, deductible and nondeductible items\, and the basics of uniform capitalization. The objective of this course is to train new staff accountants\, data processing employees\, paraprofessionals\, and bookkeepers to prepare complicated federal corporate income tax returns. It is a hands-on and practical course\, with extra emphasis on changes to forms under new tax law. \nDesigned For\nNew staff and paraprofessionals involved in return preparation \nObjectives\n\nUnderstand basic preparation principles that affect all business entities\n Prepare a detailed Form 1120\, including Schedule M-1\n Apply proper treatment of trial balance entries on Form 1120\n\nMajor Subjects\nUpdates throughout regarding the recent HR 1\, One Big Beautiful Bill Act Preparation of a reasonably complicated Form 1120\, U.S. Corporation Income Tax Return\, from trial balance to completed return The importance of Schedule M-1\, including adjustments in reconciling book income to tax income and items staff may look for on all business returns New tax planning strategies for depreciation deductions\, including changes to Section 179 and first-year depreciation under Section 168(k) as a result of new tax legislation Methods of accounting In-depth analysis of Form 4797 dealing with depreciation recapture Deductible expenses\, including rules on meals and entertainment Section 163(j) Computation of tax liability Overview of common business deductions – deductibility and Schedule M-1 How to practically handle uniform capitalization and inventory accounting for a small manufacturing concern And more! \nInstructions\nNone URL:https://sc.cpa/event/sstx212-27-surgents-preparing-c-corporation-tax-returns-for-new-staff-and-paraprofessionals/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222606Z LAST-MODIFIED:20260613T044625Z UID:10006075-1814356800-1814356800@sc.cpa SUMMARY:(SSTX249/27) Surgent's Buying and Selling a Business: Critical Tax and Structuring Issues DESCRIPTION:Event Description\nOne of the major transactions CPA clients are faced with is the purchase or disposition of a business. To help tax professionals advise those clients\, this course offers a comprehensive analysis of the business and tax aspects of buying and selling a business. It is a practical guide to help practitioners and industry CPAs understand structuring techniques. All CPAs\, including controllers and executives in industry\, should understand how difficult the process of buying and selling a business has become. \nDesigned For\nAll practitioners who will be involved in the sale of a business \nObjectives\n\nUnderstand the factors that must be considered for due diligence and developing a valuation \n Understand the goals and methods of negotiating the final purchase price \n Identify the different tax consequences of various forms of acquired businesses\, including the impact of the net investment income tax (NIIT) and the Section 199A pass-through deduction \n Appreciate Section 338 and Section 338(h)(10) elections and the benefits of installment sales \n Understand the impact of Section Section 751\, 734\, 743\, and 754 on the purchase or sale of a partnership \n Learn how strategies have changed under new tax legislation \n Understand the required reporting to the IRS regarding the purchase or sale of a business and how to complete the forms\n\nMajor Subjects\nAn overview of the business evaluation process Updates related to HR 1\, One Big Beautiful Bill Act Negotiation points and goals from buyer and seller standpoints An overview of confidentiality agreements\, memorandums of understanding\, and asset purchase agreements Recognizing the need for due diligence in acquisitions\, including checklists of important points Deemed asset sales – Section 338 and Section 338(h)(10) The use of F reorganizations in lieu of Section 338(h)(10) The impact of the Section 197 amortizable intangibles regulations on the acquisition and disposition of a business Allocating purchase price for tax advantage Impact of the net investment income tax (NIIT) and the Section 199A pass-through deduction on the tax due on the sale of a pass-through entity Changes in strategy under the new tax laws Liquidation as an alternative to the sale of a business Planning to avoid double taxation Special problems and opportunities when an S corporation is the buyer or seller Special problems and opportunities when a partnership is the buyer or seller Installment sale and interest issues Avoiding tax pitfalls and recognizing tax planning opportunities \nInstructions\nNone URL:https://sc.cpa/event/sstx249-27-surgents-buying-and-selling-a-business-critical-tax-and-structuring-issues/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222608Z LAST-MODIFIED:20260613T044625Z UID:10006079-1814356800-1814356800@sc.cpa SUMMARY:(SSAA210/27) Surgent's Fraud Case Studies: Schemes and Controls DESCRIPTION:Event Description\nFraud is prevalent – especially since COVID-19 relief packages passed by legislatures around the world opened the till. The overwhelming majority of fraud cases are never publicized. In this course we will build on our knowledge of why people commit fraud to dissect the schemes and discuss transactional controls to help stop fraud faster. \nDesigned For\nCPAs in public practice and industry who wish to educate clients or colleagues further on how to better prevent fraud from occurring at the source – would-be fraudsters – as well as to seek means to improve anti-fraud controls \nObjectives\n\nConsider the ways perpetrators evade both soft and hard controls\n Identify teachable moments\n Look for the common red flags that ought to draw our attention to a potential fraud scheme\n\nMajor Subjects\nRecent fraud cases Common fraud schemes perpetrated by those within and outside victim organizations Consider the lessons learned Best practices to further our fraud prevention \nInstructions\nNone URL:https://sc.cpa/event/ssaa210-27-surgents-fraud-case-studies-schemes-and-controls/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222609Z LAST-MODIFIED:20260613T044626Z UID:10006081-1814356800-1814356800@sc.cpa SUMMARY:(SSAA167/27) Surgent's A Complete Guide to the Yellow Book DESCRIPTION:Event Description\nA thorough understanding of the Yellow Book is essential for anyone working with governments and not-for-profits. This course provides comprehensive coverage of Yellow Book requirements while building confidence and proficiency in performing Yellow Book audits. The course uses a highly illustrative and engaging format\, featuring more than 25 focused exercises designed to strengthen practical application and enhance working knowledge. \nDesigned For\nAuditors performing Yellow Book engagements \nObjectives\n\nThoroughly understand the Yellow Book\n Excel in the Yellow Book auditing arena\n Save time and improve performance on Yellow Book engagements via in-depth knowledge of the requirements\n\nMajor Subjects\nCircumstances requiring auditors to follow the Yellow Book (Government Auditing Standards or GAGAS) Relationship of Yellow Book requirements to GAAS and single audit requirements Auditor qualifications under the Yellow Book: independence\, CPE\, peer review\, and related requirements The Yellow Book requirements related to the performance of and reporting on a financial audit Identifying and reporting findings under the Yellow Book The Yellow Book requirements related to attestation engagements (examinations\, reviews\, and agreed-upon procedures) and performance audits \nInstructions\nNone URL:https://sc.cpa/event/ssaa167-27-surgents-a-complete-guide-to-the-yellow-book/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222610Z LAST-MODIFIED:20260613T044626Z UID:10006083-1814356800-1814356800@sc.cpa SUMMARY:(SSTX177/27) Surgent's Taking Advantage of Installment Sales and Like-Kind Exchanges DESCRIPTION:Event Description\nWhen real property is sold for a gain\, we always try to find ways to defer recognizing income so it won’t be necessary to send a check to Uncle Sam. There are two provisions within the Internal Revenue Code that allow the taxpayer to defer recognition of immediate taxable gain in the year of sale: installment sales and like-kind exchanges. Knowing how and when to utilize these provisions makes the Accounting and Finance Professionals very valuable to either their client or the entity they work for. We will also discuss recent proposals which could impact the future of these two provisions. Please Note: due to overlap with the INS2 and LKE2 courses\, customers should not take ISL4 if one or both of these other courses has already been taken. \nDesigned For\nAccounting and Finance Professionals who either represent or work for entities that own real property \nObjectives\n\nLearn when and how to utilize the provisions of IRC Section 453 in order to defer recognizing gain on the sale of real property via installment sales\n Learn when and how to utilize the provisions of IRC Section 1031 in order to defer recognizing gain on the sale of real property via a like-kind exchange\n\nMajor Subjects\nHow does the IRC define an installment sale under Section 453? When can a taxpayer utilize the provisions of IRC Section 453? When should a taxpayer utilize the provisions of an installment sale and when should it be avoided How does the issue of a dealer vs. a non-dealer impact the use of the installment sale method How to report an installment sale when related parties are involved How to calculate an installment sale How has the Tax Cuts and Jobs Act impacted the use of the Installment Sale Method What is a like-kind exchange as defined by IRC Section 1031 When can a taxpayer utilize the provisions of IRC Section 1031 What types of real property are eligible for like-kind exchange treatment and what types are not What is boot and how does it impact the like-kind exchange deferral How to calculate a like-kind exchange including any taxable portion How has the Tax Cuts and Jobs Act impacted the use of like-kind exchanges \nInstructions\nNone URL:https://sc.cpa/event/sstx177-27-surgents-taking-advantage-of-installment-sales-and-like-kind-exchanges/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222612Z LAST-MODIFIED:20260613T045023Z UID:10006086-1814356800-1814356800@sc.cpa SUMMARY:(SSTX238/27) Surgent's S Corporation Taxation: Advanced Issues DESCRIPTION:Event Description\nThis course goes beyond the basics and addresses important practical issues that an experienced practitioner must know about S corporations. \nDesigned For\nAccounting and Financial Professionals whose practices include S corporations and their shareholders \nObjectives\n\nExamine operational issues\, keeping track of AAA\, and how to calculate basis\, apply distribution rules\, and avoid loss limitations\n Describe corporate level taxes\n Describe the rules governing the redemption and liquidation of an S corporation\n Examine the issues in compensation planning in S corporations\, including limitations in a family-controlled business\, in particular after criticism of the Treasury Inspector General for Tax Administration of the IRS efforts to address underreporting of S corporation officer compensation\n Be familiar with the results of the case studies that reinforce key learning points\n\nMajor Subjects\nDetailed rules governing basis in the shareholder’s debt and stock Inclusion of OBBBA (One Big Beautiful Bill Act) provisions that are germane to this course AAA Built-in gains incurred from the sale of assets Redemptions and liquidations Compensation planning for shareholders\, including planning strategies under the SECURE Act Tax Cuts and Jobs Act of 2017 and the various stimulus acts\, as applicable \nInstructions\nNone URL:https://sc.cpa/event/sstx238-27-surgents-s-corporation-taxation-advanced-issues/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222714Z LAST-MODIFIED:20260613T045027Z UID:10006095-1814356800-1814356800@sc.cpa SUMMARY:(SSTX153/27) Surgent's Hot IRS Tax Examination Issues for Individuals and Businesses DESCRIPTION:Event Description\nThe IRS began replenishing its workforce with the additional funding from the Inflation Reduction Act only to have to terminate workers or lay them off due to mandated federal workforce reductions. The IRS trains its audit workforce by examining the tax returns of individuals and small businesses. As the IRS continues to examine tax returns\, Accounting\, Tax\, and Financial Professionals need clients to understand the need for documentation and procedures to substantiate what IRS examiners are pursuing. Learn the high audit risk areas and ways to help clients survive an IRS audit with little or no change. It is critical for Accounting\, Tax\, and Financial Professionals in public accounting to understand the risk to clients and to themselves in tax return preparation and planning since the IRS continues to increase its audit coverage and is examining more taxpayers than it has in the recent past. \nDesigned For\nAccounting\, Tax\, and Financial Professionals in public practice who prepare tax returns and represent their clients on IRS examinations \nObjectives\n\nUnderstand what the IRS is focusing on when auditing individuals and selected businesses\n Identify the hot examination issues that the IRS is focusing on to help clients reduce their exposure to additional tax assessments\n Determine strategies for dealing with IRS examiners and presenting your clients’ tax positions in the best light possible\n Determine if your client is a victim of tax-related identity theft\n\nMajor Subjects\nCriteria that the IRS uses to select returns for examination Recognizing the 30-day letter and the 90-day letter\, including what the taxpayer’s responsibilities are What to do when there is tax-related identity theft Understanding substantiation requirements for travel\, charitable contributions\, vehicles\, meals\, virtual currency considerations\, and tax-related identity theft Gaining an in-depth understanding of IRS hot examination issues including passive loss rules\, real estate professional status\, and the Section 199A provisions as they pertain to rental real estate Identify how the IRS holds persons other than an employer liable for unpaid payroll taxes\, a.k.a.\, the trust fund recovery penalty Understanding IRS Audit Techniques Guides and Compliance Campaigns Distinguishing an S corporation officer’s reasonable compensation issues \nInstructions\nNone URL:https://sc.cpa/event/sstx153-27-surgents-hot-irs-tax-examination-issues-for-individuals-and-businesses/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222716Z LAST-MODIFIED:20260613T044728Z UID:10006098-1814356800-1814356800@sc.cpa SUMMARY:(SSTX256/27) Surgent's Maximizing Your Social Security Benefits DESCRIPTION:Event Description\nThe leading edge of the baby boomer generation has already reached retirement age. Financial and tax planners can expect increased demand for strategies that dovetail Social Security with other retirement and estate planning objectives. This course provides tax and financial planning professionals with both the background information on the Social Security system and the strategies clients will need in dealing with Social Security\, and the myriad other related retirement planning issues. \nDesigned For\nPractitioners who have clients contemplating receipt of Social Security \nObjectives\n\nIdentify who is entitled to retirement benefits and in what amounts\n Summarize the factors one must consider in determining when to take benefits\n Discuss the taxation of Social Security benefits and how this impacts other income tax planning\n Identify and describe the potential effects of retirement and estate planning strategies\n\nMajor Subjects\nComprehensive coverage of the One Big Beautiful Bill Act Retirement benefits: What the amount of benefits is in various circumstances Spousal benefits: Should a spouse return to work? What benefits does a spouse have\, and when and how do they relate to benefits decisions by the client? Claiming Social Security: Advantages and disadvantages at ages 62\, full retirement age\, and 70 Planning: What clients approaching retirement age should consider now with respect to benefits for them\, their spouses\, and their children Coordinating benefits: Should you take Social Security first and higher-balance IRA distributions later\, or take IRA balances first and enhanced Social Security benefits later? \nInstructions\nNone URL:https://sc.cpa/event/sstx256-27-surgents-maximizing-your-social-security-benefits/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222717Z LAST-MODIFIED:20260613T044729Z UID:10006100-1814356800-1814356800@sc.cpa SUMMARY:(SSTX199/27) Surgent's Max the Tax: Crypto Craze DESCRIPTION:Event Description\nParticipants must use their expertise to assist a new client who just received Letter 6173 from the IRS. The client didn’t share any crypto-related transactions or events with the tax accountant who filed the original return. It’s up to the participants to meet with the client and uncover details of the activities so an accurate\, amended tax return can be completed. They must carefully ask questions to get all the relevant information\, determine the proper changes to taxable income\, and submit the documentation correctly to avoid an IRS response and losing the new client. \nDesigned For\nAccounting professionals needing foundational information related to cryptocurrency \nObjectives\n\nUnderstand the basics of cryptocurrency \n Identify cryptocurrency-related issues that clients may face \n\nMajor Subjects\nIntroduction to cryptocurrency and key terms; Chronology of cryptocurrency; Virtual currency taxation; Information on any updated guidance \nInstructions\nNone URL:https://sc.cpa/event/sstx199-27-surgents-max-the-tax-crypto-craze/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222722Z LAST-MODIFIED:20260613T044810Z UID:10006107-1814356800-1814356800@sc.cpa SUMMARY:(SSTX162/27) Surgent's Mastering Basis Issues for S Corporations\, Partnerships\, and LLCs DESCRIPTION:Event Description\nThe most difficult concepts to master when dealing with flow-through business entities are the basis and distribution concepts. Major error and malpractice issues occur if the CPA does not fully understand the impact of these rules. This course is designed to focus on the practical applications of these rules. \nDesigned For\nAccounting and Financial Professionals who prepare both individual and flow-through business entity tax returns and need a thorough grasp of these significant issues \nObjectives\n\nDetermine initial basis and organizing tax-free under Section 351 and Section 721\n Discuss;what affects basis and how to treat distributions\n Pass the loss limitation hurdles to deduct pass-through losses\n\nMajor Subjects\nApplicable coverage of any basis considerations within any recent tax legislation enacted before the presentation; Discuss new pass-through basis calculations required as attachments to certain individual returns; Excess business losses and NOLs; Tax Basis Capital Account Reporting Requirements; How Section 179 limitations affect basis and how the tax-benefit rule is applied; S corporations: Beware of final IRS regulations regarding open debt of S corporations; understand the effect of stock basis and debt basis and IRS’s recent focus on at-risk basis for shareholders; recognize how AAA applies or does not apply to certain S corporations; learn to apply the complex ordering rules and special elections that can have a big tax result; become aware of when you can have a taxable dividend in an S corporation; understand distributions of cash and property and post-termination transition rules\, and temporary post-termination rules for eligible corporations; LLCs and partnerships: Learn the detailed rules of Section 704 for preventing the shifting of tax consequences among partners or members; determine how to calculate basis under both Section 704 and for at-risk under Section 465; recognize how recourse\, nonrecourse\, and qualified nonrecourse debt can create significantly different tax results; review Section 754 step-up in basis rules; and learn how legislation cleans up the basis treatment of charitable contributions and foreign taxes paid; \nInstructions\nNone URL:https://sc.cpa/event/sstx162-27-surgents-mastering-basis-issues-for-s-corporations-partnerships-and-llcs/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222808Z LAST-MODIFIED:20260613T044812Z UID:10006109-1814356800-1814356800@sc.cpa SUMMARY:(SSAA285/27) Surgent's Non-GAAP Financial Measures – What You Need to Know DESCRIPTION:Event Description\nThis course provides an overview of non-GAAP financial measures with a particular emphasis on comments from the SEC\, the FASB\, as well as comment letter analysis from several of the Big Four accounting firms. Non-GAAP financial measures continue to rank at the top of the most frequent comment letters issued by the SEC. As a result\, it’s important to understand the guidance with respect to these measures to ensure that an entity’s financial statements remain GAAP compliant and are not misleading. \nDesigned For\nCPAs in need of a review of non-GAAP financial measures with an emphasis on comments from the SEC and FASB\, as well as comment letter analysis from some of the Big Four accounting firms. \nObjectives\n\nDifferentiate between a GAAP financial measure and a non-GAAP financial measure\n Recognize examples of different types of non-GAAP financial measures\n Identify which SEC guidance is applicable to different types of non-GAAP financial measures\n Recognize disclosures within the scope of Regulation G\n Identify key requirements included within both Regulation G and Regulation S-K related to these measures\n\nMajor Subjects\nComment letter analysis from several Big Four accounting firms Non-GAAP financial measures Comments from the SEC and FASB \nInstructions\nNone URL:https://sc.cpa/event/ssaa285-27-surgents-non-gaap-financial-measures-what-you-need-to-know/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260620T005542 CREATED:20260612T222810Z LAST-MODIFIED:20260613T044827Z UID:10006113-1814356800-1814356800@sc.cpa SUMMARY:(SSTX188/27) Surgent's The Top Five Tax Issues in Dealing with LLCs and Partnerships DESCRIPTION:Event Description\nPartnerships and LLCs involve unique problems that require careful attention. This course covers selected critical tax issues that practitioners need to know when working with partnerships and limited liability companies\, with a focus on planning opportunities and pitfalls. \nDesigned For\nAccounting and Financial Professionals who wish to gain a more in-depth understanding of LLC and partnership tax law \nObjectives\n\nIdentify and distinguish guaranteed payments and distributive shares\n Understand the relationship between capital account maintenance and outside basis adjustment\n Define various kinds of partnership liabilities and explain the tax consequences of each\n\nMajor Subjects\nSelf-employment tax issues: what you can and cannot do Capital accounts: book vs. tax issues Determining basis: key issues and technical analysis in calculating basis Dealing with debt: recourse\, nonrecourse\, and why it matters Guaranteed payments\, distributive shares\, and draws: understanding the difference Functional test by Tax Court on whether a limited partner may be subject to the self-employment tax if such partner does more than a limited partner should \nInstructions\nNone URL:https://sc.cpa/event/sstx188-27-surgents-the-top-five-tax-issues-in-dealing-with-llcs-and-partnerships/ CATEGORIES:Self-Study Text END:VEVENT END:VCALENDAR