BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.17.1//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH 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:20260613T043754Z CREATED:20260612T230021Z LAST-MODIFIED:20260613T043754Z UID:10006497-1814356800-1814356800@sc.cpa SUMMARY:(SSTE150/27) Surgent's Mastering the Excel Lookup Functions DESCRIPTION:Event Description\nIn today’s data-driven world\, Microsoft Excel has become an essential tool for professionals in any organization. To harness the full potential of Excel\, it is crucial to understand and master its lookup functions. This course is designed to equip participants with the knowledge and skills needed to effectively utilize Excel’s lookup functions and enhance their data analysis capabilities. Throughout this comprehensive course\, participants will dive deep into the world of lookup functions and gain experience through practical exercises and real-world scenarios. Whether you’re a seasoned Excel user looking to fine-tune your skills or a beginner eager to unlock Excel’s full potential\, this course is tailored to meet your learning needs. \nDesigned For\nAny Excel user that wants to learn how to use the LOOKUP functions \nObjectives\n\nIdentify which lookup function works for your needs\n Distinguish between the many lookup functions\n Recall how to effectively utilize Excel’s lookup functions\n\nMajor Subjects\nA review of the various lookup functions\, beyond VLOOKUP Which lookup works best for your situation? How to apply the many lookup functions Advanced lookup techniques like nested lookups\, approximate matching\, and handling errors effectively An in-depth review of the following functions: VLOOKUP/HLOOKUP\, XLOOKUP\, MATCH / INDEX\, XMATCH\, INDIRECT\, FILTER\, SORT/SORTBY\, UNIQUE An overview of some newer functions \nInstructions\nNone URL:https://sc.cpa/event/sste150-27-surgents-mastering-the-excel-lookup-functions/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043755Z CREATED:20260612T230023Z LAST-MODIFIED:20260613T043755Z UID:10006498-1814356800-1814356800@sc.cpa SUMMARY:(SSTX131/27) Surgent's Top Business Tax Planning Strategies DESCRIPTION:Event Description\nBusiness strategies for 2025 are based on important tax changes made in the One Big Beautiful Bill Act (OBBBA). There are a number of important business tax changes that can be used to develop tax planning strategies that have great advantages for businesses and their owners. This program covers many important business tax changes and the implications for tax planning founded on them. \nDesigned For\nAccounting and finance professionals who anticipate advising business clients in 2025 regarding strategies to reduce or eliminate federal income taxation \nObjectives\n\nAlert business clients to legislative changes enacted in 2025 that would impact them\n Advise business owner clients on adopting tax planning strategies that would reduce their tax liability for 2025 and later\n\nMajor Subjects\nLower marginal tax rates made permanent New\, more generous depreciation rules for bonus and Section 179 Qualified production property and bonus depreciation Full expensing of domestic research and experimental expenditures Rev. Proc. 2025-28 and options for small taxpayers Taking advantage of the QBI deduction Taking advantage of the SALT cap and the pass-through entity tax Form 1099 reporting changes Deducting business interest and business losses Taking advantage of the new Section 1202 tax regime \nInstructions\nNone URL:https://sc.cpa/event/sstx131-27-surgents-top-business-tax-planning-strategies/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043756Z CREATED:20260612T230026Z LAST-MODIFIED:20260613T043756Z UID:10006499-1814356800-1814356800@sc.cpa SUMMARY:(SSTX260/27) Surgent's Advanced Individual Income Tax Return Issues DESCRIPTION:Event Description\nMost accounting and financial professionals have been preparing individual income tax returns for years\, and while many of the returns are easy\, there are always a number of issues that come up in busy season of which experienced practitioners wish they had more knowledge. This course is designed to explore the tough tax issues for experienced practitioners and help them provide better planning strategies and results for their higher income clients. \nDesigned For\nExperienced Accounting and Financial Professionals who want and need an in-depth knowledge of the most difficult individual-income-tax-return issues \nObjectives\n\nUnderstand the basics of Section 199A\n Understand how to properly report advanced transactions in financial instruments and investments\n Understand the special problems and new issues for the current return\n Identify the causes of alternative minimum tax liability and what can be done to reduce or eliminate it\n\nMajor Subjects\nNew issues for the current year tax return and Section 199A Installment sales – understanding the complicated issues Form 8582: Passive losses with carryovers – Complicated case with filled-in forms Puts\, calls\, straddling\, and unusual investments – Understanding the tax laws and reporting them correctly on the tax return Capital gain and loss issues – The problem with proper reporting of installment sales issues; capital gains and losses; when is a stock worthless; and much more… At-risk rules: What a return preparer really needs to know Passive loss issues – You cannot just trust your software. What to watch out for and the questions you need your clients to answer in order to do it right! Incentive and nonqualified stock options – reporting key strategies for planning; dealing with the alternative minimum tax Alternative minimum tax – Understanding it; planning strategies to avoid it; using the minimum tax credit; explaining it to a client Form 6251: Detailed calculation example \nInstructions\nNone URL:https://sc.cpa/event/sstx260-27-surgents-advanced-individual-income-tax-return-issues/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043805Z CREATED:20260612T230030Z LAST-MODIFIED:20260613T043805Z UID:10006500-1814356800-1814356800@sc.cpa SUMMARY:(SSTX378/27) Surgent’s Weekly Expert Hour (Original Air Date: 7/24/25) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients.Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nChanges in the Tax Laws Impacting Gamblers HR-1: Bonus Depreciation HSA Changes in OBBB Act \nInstructions\nNone URL:https://sc.cpa/event/sstx378-27-surgents-weekly-expert-hour-original-air-date-7-24-25/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043806Z CREATED:20260612T230033Z LAST-MODIFIED:20260613T043806Z UID:10006501-1814356800-1814356800@sc.cpa SUMMARY:(SSBM105/27) Surgent's Mastering Client Management for Accounting and Finance Professionals DESCRIPTION:Event Description\nDo you want to build stronger relationships with your clients\, improve client retention\, and drive growth in your practice? This course delves into the essential strategies for effective client management in today’s competitive landscape.Client relationships\, like any relationship\, can be challenging to manage. Miscommunication\, differing work styles\, and unrealistic expectations are some of the challenges accounting and finance professionals routinely encounter. However\, when accounting clients and members of your team are on the same page\, client loyalty and profitability improve while conflict is minimized. This webinar explores proven strategies to improve relationships between accounting and finance professionals and their clients. \nDesigned For\nAnyone in the accounting or financial service professions who seeks to gain a better understanding of strategies to improve client relationships \nObjectives\n\nIdentify and manage client risks and expectations\n Develop strategies for boosting client satisfaction and loyalty\n Understand client management best practices\n Develop practical skills to build stronger client relationships and improve client satisfaction\n Leverage technology to enhance your client service capabilities\n Discover strategies to optimize client retention and drive growth in your practice\n\nMajor Subjects\nThe evolving landscape of client expectations in the accounting profession Building strong and lasting client relationships through effective communication\, empathy\, and proactive service Implementing efficient client onboarding and engagement processes Leveraging technology to streamline communication\, enhance collaboration\, and deliver personalized service Effectively resolving client concerns and complaints Utilizing client feedback to continually improve your practice \nInstructions\nNone URL:https://sc.cpa/event/ssbm105-27-surgents-mastering-client-management-for-accounting-and-finance-professionals/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043808Z CREATED:20260612T230113Z LAST-MODIFIED:20260613T043808Z UID:10006503-1814356800-1814356800@sc.cpa SUMMARY:(SSAA253/27) Surgent's Applying the Yellow Book to a Financial Statement Audit DESCRIPTION:Event Description\nKnowing just a little about the Yellow Book can hurt you! It is important to have a thorough understanding of the standards. This course covers the Yellow Book financial auditing requirements and prepares you to excel in applying the standards. You will learn precisely what the Yellow Book does and does not require auditors to do. Updated for the 2024 Yellow Book revision\, the course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced knowledge of the Yellow Book. \nDesigned For\nAuditors performing Yellow Book engagements \nObjectives\n\nThoroughly understand the requirements of the Yellow Book and how they relate to the AICPA and single audit requirements\n Apply the Yellow Book in an effective and efficient manner\n Save time by understanding what the Yellow Book does and does not require auditors to do\n\nMajor Subjects\nCritical concepts related to applying the Yellow Book including when the standards are applicable; the types of engagements involved; and the relationship between the Yellow Book and other standards The Yellow Book standards related to ethics; independence; professional judgment; competence and CPE; quality management; and peer review The Yellow Book requirements related to performing and reporting on financial audits and how those requirements affect the audit in areas like internal control \nInstructions\nNone URL:https://sc.cpa/event/ssaa253-27-surgents-applying-the-yellow-book-to-a-financial-statement-audit/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043811Z CREATED:20260612T230115Z LAST-MODIFIED:20260613T043811Z UID:10006504-1814356800-1814356800@sc.cpa SUMMARY:(SSOT106/27) Surgent's Lessons Learned From Recent Accounting Malpractice Actions DESCRIPTION:Event Description\nRecent economic volatility has created added stress on accounting and finance professionals and their clients. When individuals or businesses lose money\, they often blame others for their misfortune. Business disputes can sometimes lead to accounting malpractice claims. Understanding the most common types of accounting malpractice claims provides a roadmap of what not to do. This course provides a current overview of accounting malpractice litigation throughout the United States. The goal is to learn about the types of claims asserted against CPA firms and strategies to employ to avoid such claims. Reviewing malpractice claims allows us to identify patterns of behavior that may reduce litigation risk. This course includes 1 credit of Regulatory Ethics and 1 credit of Business Law. \nDesigned For\nAccounting or financial service professionals who seek to gain a better understanding of current accounting malpractice claims and steps to avoid claims in the future \nObjectives\n\nIdentify high risk activities to avoid\n Recognize common defenses to malpractice claims\n Be well versed in standards of professional conduct\n Understand the litigation process for malpractice claims\n\nMajor Subjects\nCommon instances of accounting malpractice Current claim trends Frequent defenses to claims Statute of limitations Damages Claims by practice area \nInstructions\nNone URL:https://sc.cpa/event/ssot106-27-surgents-lessons-learned-from-recent-accounting-malpractice-actions-2/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043816Z CREATED:20260612T230116Z LAST-MODIFIED:20260613T043816Z UID:10006505-1814356800-1814356800@sc.cpa SUMMARY:(SSAA117/27) Surgent's Accounting for and Auditing Inventory DESCRIPTION:Event Description\nMany entities have inventory on their books. The types of inventory can range from simple resale of goods purchased to more complex inventories that use process costing. This module will discuss accounting for and auditing less complex inventories and provide an overview of issues associated with auditing more complex inventories. Inventory observations were covered in an earlier module. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 3.) \nDesigned For\nAccounting and auditing practitioners at all levels desiring to develop a detailed understanding of inventory accounting. \nObjectives\n\nRecall the elements of inventory costing\n Apply inventory valuation methodologies to various types of inventory\n Determine reserve methodologies for inventory obsolescence\n Recall issues related to consignment inventory\n Assess risk and perform audit procedures on less complex inventories\n\nMajor Subjects\nElements of inventory cost and full-absorption costing Valuation methodologies\, including LIFO\, FIFO\, weighted average\, and specific identification Obsolescence reserves Retail inventory valuation basics Physical inventory observation approach refresher Accounting issues related to consigned inventory Risk associated with and steps performed in auditing of inventories. \nInstructions\nNone URL:https://sc.cpa/event/ssaa117-27-surgents-accounting-for-and-auditing-inventory/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043825Z CREATED:20260612T230120Z LAST-MODIFIED:20260613T043825Z UID:10006507-1814356800-1814356800@sc.cpa SUMMARY:(SSTX318/27) Surgent's Weekly Expert Hour (Original Air Date: 1/06/22) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format.Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nThe status of the Build Back Better Act as of 1/6/22 IRS Letters 6419 and;6475 Update on disaster relief as of 1/6/22 Individual health insurance in 2022 \nInstructions\nNone URL:https://sc.cpa/event/sstx318-27-surgents-weekly-expert-hour-original-air-date-1-06-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043917Z CREATED:20260612T230122Z LAST-MODIFIED:20260613T043917Z UID:10006508-1814356800-1814356800@sc.cpa SUMMARY:(SSTX365/27) Surgent’s Weekly Expert Hour (Original Air Date: 1/2/25) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients.Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nIRA MAGI Limits for contributions Backdoor Roth IRA contributions Overview of basis shifting Breakdown of Otay Project LP v. Commissioner \nInstructions\nNone URL:https://sc.cpa/event/sstx365-27-surgents-weekly-expert-hour-original-air-date-1-2-25/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043918Z CREATED:20260612T230123Z LAST-MODIFIED:20260613T043918Z UID:10006509-1814356800-1814356800@sc.cpa SUMMARY:(SSTX367/27) Surgent’s Weekly Expert Hour (Original Air Date: 1/23/25) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients.Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nIRS updates to FAQs about the Qualified Energy Efficient Home Improvement Credit;and the Residential Clean Energy Property Credit Expected outlook for markets and economy Tips for 2024 reporting of 1099-R \nInstructions\nNone URL:https://sc.cpa/event/sstx367-27-surgents-weekly-expert-hour-original-air-date-1-23-25/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043919Z CREATED:20260612T230125Z LAST-MODIFIED:20260613T043919Z UID:10006510-1814356800-1814356800@sc.cpa SUMMARY:(SSTX333/27) Surgent’s Weekly Expert Hour (Original Air Date: 7/21/22) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nTax legislation appears to be unlikely any time soon Recent Tax Court rulings of note The ERC and other information related to COVID-19 relief for employers \nInstructions\nNone URL:https://sc.cpa/event/sstx333-27-surgents-weekly-expert-hour-original-air-date-7-21-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043921Z CREATED:20260612T230127Z LAST-MODIFIED:20260613T043921Z UID:10006511-1814356800-1814356800@sc.cpa SUMMARY:(SSTX384/27) Surgent’s Weekly Expert Hour (Original Air Date: 9/4/25) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients.Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nThe OBBBA’s boost to bonus depreciation The establishment of qualified production property The tax treatment of research and experimental expenditures \nInstructions\nNone URL:https://sc.cpa/event/sstx384-27-surgents-weekly-expert-hour-original-air-date-9-4-25/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043922Z CREATED:20260612T230130Z LAST-MODIFIED:20260613T043922Z UID:10006512-1814356800-1814356800@sc.cpa SUMMARY:(SSTX140/27) Surgent's Guide to Partner Capital Account Reporting DESCRIPTION:Event Description\nAccounting and finance professionals are responsible for presenting partner capital accounts on the tax basis. But what does this mean and how have rules changed in recent years regarding partner capital accounts? This webinar covers exactly that. For accounting and finance professionals preparing partnership 1065 forms\, this course explains these complex rules in practical and understandable terms. \nDesigned For\nAccounting and finance professionals who will be preparing partnership income tax returns \nObjectives\n\nUnderstand how a partner determines and reports his or her tax basis capital account;\n\nMajor Subjects\nHow a partner’s outside basis and capital account differ Reconciling Schedule M-2 Form 1065 with Partnership K-1 Schedule L IRS requirement to report partner tax basis on the transactional approach Implications if a capital account is negative Deficit restoration accounts and qualified income offsets Modified outside basis method and modified previously taxed capital method Determining a partner’s beginning capital account; Beginning capital account for partnerships and partners consistently reporting on the tax basis The two types of adjustments under 754 and how 743 and 734 require different capital account presentations \nInstructions\nNone URL:https://sc.cpa/event/sstx140-27-surgents-guide-to-partner-capital-account-reporting/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043924Z CREATED:20260612T230136Z LAST-MODIFIED:20260613T043924Z UID:10006514-1814356800-1814356800@sc.cpa SUMMARY:(SSTX284/27) Surgent's Virtual Currency: Keeping Up with the Tax Code DESCRIPTION:Event Description\nWhether you are an experienced veteran or new to the industry\, one of the toughest parts of being a tax practitioner is keeping up with all of the changes in tax legislation. This course takes a look at recent changes to tax law from a practitioner perspective. In this session\, we will explore the nuances of virtual currency and the new Form 8300 reporting requirements. \nDesigned For\nAccounting and finance professionals who advise on business income tax issues \nObjectives\n\nUnderstand which virtual currency transactions result in gains and losses for the taxpayer \n Recognize the difference in tax treatment between a hard fork and a soft fork \n Identify situations where a taxpayer needs to file Form 8300 \n\nMajor Subjects\nOverview of virtual currency Property transactions with virtual currency Receiving virtual currency as payment Paying using virtual currency Charitable donations with virtual currency Gifting of virtual currency Form 8300 reporting \nInstructions\nNone URL:https://sc.cpa/event/sstx284-27-surgents-virtual-currency-keeping-up-with-the-tax-code/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043925Z CREATED:20260612T230217Z LAST-MODIFIED:20260613T043925Z UID:10006515-1814356800-1814356800@sc.cpa SUMMARY:(SSAA106/27) Surgent's Audit Documentation Requirements DESCRIPTION:Event Description\nAudit documentation provides evidence that the audit was planned and performed in accordance with generally accepted auditing standards (GAAS) as well as applicable legal and regulatory requirements. It also serves a number of other purposes such as assisting the engagement team to plan and perform the audit\, assisting members of the engagement team responsible for supervision to direct and supervise the audit work and to discharge their review responsibilities. Audit documentation enables the engagement team to demonstrate that it is accountable for its work by documenting the procedures performed\, the audit evidence examined\, and the conclusions reached. As noted in the auditor’s opinion “The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error\, as fraud may involve collusion\, forgery\, intentional omissions\, misrepresentations\, or the override of internal control. Audit documentation also supports the judgments of the auditor should a lawsuit arise where the auditor is called on to support that professional standards were followed. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 1.) \nDesigned For\nProfessionals new to auditing \nObjectives\n\nDiscuss the minimum documentation requirements found in professional standards\n Discuss tips and techniques for self-review\n Describe common workpaper deficiencies\n Explain how to prepare workpapers in proper form\n\nMajor Subjects\nProper documentation as a means of audit quality Factors impacting the nature and extent of documentation Illustrative workpapers and exercises Use of practice aids and other mechanisms as means of audit documentation Checklist for self-review of workpapers \nInstructions\nNone URL:https://sc.cpa/event/ssaa106-27-surgents-audit-documentation-requirements/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043926Z CREATED:20260612T230219Z LAST-MODIFIED:20260613T043926Z UID:10006516-1814356800-1814356800@sc.cpa SUMMARY:(SSAA263/27) Surgent's Simply Auditing Not-for-Profits Efficiently DESCRIPTION:Event Description\nIt’s crazy to try to audit not-for-profits in the same manner that you do for-profits! The sane approach to auditing not-for-profits is to incorporate what makes them unique into the planning and performance of the audit. This course is designed to help you do just that! Obtain a superior working knowledge of auditing not-for-profit entities effectively and efficiently. \nDesigned For\nAuditors of not-for-profit entities \nObjectives\n\nIdentify the ways not-for-profit auditing differs from commercial sector auditing\n Skillfully adjust audits to suit the characteristics of not-for-profit entities\n More efficiently audit not-for-profits using enhanced knowledge of key issues\n\nMajor Subjects\nHow distinctive funding sources\, different operating purposes\, and lack of ownership interests affect risk assessment and planning in the audit of a not-for-profit Key considerations and auditing procedures applied in auditing contributions\, functional expenses\, net assets\, etc. Frequent issues arising in audits of not-for-profits (e.g.\, independence concerns\, communicating with those charged with governance\, Yellow Book audits\, single audits\, etc.) \nInstructions\nNone URL:https://sc.cpa/event/ssaa263-27-surgents-simply-auditing-not-for-profits-efficiently/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043931Z CREATED:20260612T230220Z LAST-MODIFIED:20260613T043931Z UID:10006517-1814356800-1814356800@sc.cpa SUMMARY:(SSOT161/27) Surgent's Employee Stock Options: What Financial Professionals Should Know When Advising Their Clients DESCRIPTION:Event Description\nCompanies often offer stock options as an additional form of compensation to attract and retain the best talent. Used appropriately\, stock options can generate significant wealth\, yet many employees are unfamiliar with how stock options work and why options serve as a valuable opportunity for employees to establish and grow their wealth. Unfortunately\, employees who receive stock options are often unaware of their inherent risks.Research has shown that over 76% of employees have never exercised their stock options. Almost half of these individuals (48%)\, say they held off on selling their options due to fear of making a mistake. This course provides accounting and finance professionals with a broad overview of employee stock options. The webinar is designed to help participants better understand the fundamentals behind these investments and\, in turn\, better advise their clients. \nDesigned For\nAnyone who seeks to have a better understanding of stock options in their role as trusted advisor to their clients \nObjectives\n\nUnderstand the opportunities and risks associated with employee stock options\n Assist clients with making informed decisions concerning options\n Explain strategies for owning and selling options\, including tax consequences\n\nMajor Subjects\nWhat stock options are and why they are growing in popularity How stock options work\, including the process of conveyance and vesting How to exercise stock options and the implications from doing so The risks associated with stock options and how to manage exposure Tax consequences and updates regarding stock options Strategies for selecting the best time to exercise stock options The difference between the two types of stock options: non-qualified and incentive The basic terminology relevant to owning and exercising options \nInstructions\nNone URL:https://sc.cpa/event/ssot161-27-surgents-employee-stock-options-what-financial-professionals-should-know-when-advising-their-clients/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043933Z CREATED:20260612T230222Z LAST-MODIFIED:20260613T043933Z UID:10006518-1814356800-1814356800@sc.cpa SUMMARY:(SSTX279/27) Surgent's Taxation of Tips and Overtime Under OBBBA DESCRIPTION:Event Description\nArguably the most discussed topics to come out of the One Big Beautiful Bill Act (OBBBA) are the taxation of tips and overtime. Practitioners need to understand these provisions now\, as they are effective for 2025 tax returns. This program provides practitioners with the background currently available to advise clients regarding these two important tax developments. Both employers and employees need to understand these timely changes to taxation. \nDesigned For\nAll accounting and finance practitioners \nObjectives\n\nExpertly advise clients regarding the latest on taxation of tips and overtime emanating from OBBBA\n\nMajor Subjects\n$12\,500 deduction per individual for qualified overtime pay Payment of overtime under the Fair Labor Standards Act (FLSA) Calculating the premium portion of the extra half-time pay Social Security and Medicare withholding Employer furnishing the record of qualified overtime compensation to employees Definition of a qualified tip IRS list of traditionally-tipped occupations $25\,000 deduction for reported tips The transition rule allowing employers to indicate the approximate amount designated as tips or overtime State tax issues relating to tips and overtime Changes in the W-2 reflecting new employer reporting responsibilities \nInstructions\nNone URL:https://sc.cpa/event/sstx279-27-surgents-taxation-of-tips-and-overtime-under-obbba/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043935Z CREATED:20260612T230224Z LAST-MODIFIED:20260613T043935Z UID:10006519-1814356800-1814356800@sc.cpa SUMMARY:(SSTX328/27) Surgent’s Weekly Expert Hour (Original Air Date: 6/16/22) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format.Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nThe IRS “Dirty Dozen” list for 2022\, which includes;potentially abusive arrangements that taxpayers should avoid Potential tax developments and legislation\, IRS proposed regulations\, and major rulings as of June 16\, 2022 Hybrid/asset-based long-term care insurance solutions \nInstructions\nNone URL:https://sc.cpa/event/sstx328-27-surgents-weekly-expert-hour-original-air-date-6-16-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043937Z CREATED:20260612T230225Z LAST-MODIFIED:20260613T043937Z UID:10006520-1814356800-1814356800@sc.cpa SUMMARY:(SSAA131/27) Surgent's Using the Work of a Specialist and Internal Audit DESCRIPTION:Event Description\nDuring the audit of the financial statements\, an auditor will obtain evidence from many sources to support the account balances\, transactions\, and events that occurred during the period\, as well as the financial statement disclosures. This course discusses the use of management’s specialists\, the auditor’s specialists\, inventory counting services\, pricing services and internal audit. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 5.) \nDesigned For\nAccountants who have a basic level of audit experience \nObjectives\n\nIdentify the different types of specialists that can be used in a financial statement audit. \n Describe the role that internal audit can play in a financial statement audit.\n Identify the different roles that management specialists play and understand how auditors evaluate evidence obtained. \n Identify the procedures the communications between an auditor and an auditor’s specialist \, the division of responsibility and the work to be performed by the auditor on information obtained.\n Describe the role that a pricing service can plan in a financial statement audit and how the auditor should test the information.\n\nMajor Subjects\nUsing the work of management’s specialist Using the work of the auditor’s specialist Using the work of internal audit Using the work of a pricing service \nInstructions\nNone URL:https://sc.cpa/event/ssaa131-27-surgents-using-the-work-of-a-specialist-and-internal-audit/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043940Z CREATED:20260612T230227Z LAST-MODIFIED:20260613T043940Z UID:10006521-1814356800-1814356800@sc.cpa SUMMARY:(SSTE138/27) Surgent's Power Query Series: More Transformations and Load Options DESCRIPTION:Event Description\nPower Query (Excel version) offers a wide range of transformation options. This course uses hands-on exercises to explore the data transformation process\, focusing on data cleaning and data enrichment. In addition\, this course explains query loading options and processes. Power Query is an “ETL” tool that extracts\, transforms\, and loads data. This tool has a user-friendly interface that enables the Excel user to connect to data sets they previously did not have access to. It also enables powerful data transformations without requiring any coding and will save the Excel user time in performing their cleanup of data. This course is the sixth in a twelve-part series\, Power Query: Beginning Data Analytics for the Excel User. The series is designed so the Excel user can learn the functionality of Power Query and the many benefits of this powerful tool. Each 1-hour webcast has hands-on examples to enable the Excel user to experience the active learning of Power Query. \nDesigned For\nExcel users who want to develop data analytics skills \nObjectives\n\nUnderstand loading options in Power Query\n Apply the data transformation process in Power Query\n\nMajor Subjects\nWorkflow of the data transformation for a general ledger with sub-accounts Loading a query Loading options for a query Changing the load destination of a query Hands-on examples: flattening a general ledger with sub-accounts; making a connection to the data source; reviewing and documenting the steps created by Power Query \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sste138-27-surgents-power-query-series-more-transformations-and-load-options/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T043942Z CREATED:20260612T230228Z LAST-MODIFIED:20260613T043942Z UID:10006522-1814356800-1814356800@sc.cpa SUMMARY:(SSTX110/27) Surgent's Adapting to OBBBA Changes: A Strategic Review DESCRIPTION:Event Description\nAccounting and finance practitioners are continually asked for strategic planning advice. In this course\, we will cover topics that will make clients\, and their advisors\, tax smart and tax prepared for the coming year and beyond.This program is a two-hour review and analysis of what we consider some of the most important changes from the OBBBA impacting both individual and business clients. \nDesigned For\nAccounting and finance professionals who wish to be informed for their own knowledge or who will be advising clients regarding the tax changes brought about by the OBBBA \nObjectives\n\nUnderstand the many new tax changes taking place as a result of OBBBA\n Advise clients with regard to planning strategies they could profitably adopt in light of the OBBBA changes\n\nMajor Subjects\nBusiness losses The SALT cap Implementing Section 1202 changes Form 1099 reporting changes Business meals Health care-related issues Family and medical leave Other crucial OBBBA provisions \nInstructions\nNone URL:https://sc.cpa/event/sstx110-27-surgents-adapting-to-obbba-changes-a-strategic-review/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T044010Z CREATED:20260612T230231Z LAST-MODIFIED:20260613T044010Z UID:10006523-1814356800-1814356800@sc.cpa SUMMARY:(SSTX118/27) Surgent's Avoiding the Top 10 Mistakes That Can Wipe Out Retirement Savings DESCRIPTION:Event Description\nYears of growth in a retirement account can be wiped out by one mistake. As such\, retirement account owners and their advisors should take care to ensure that IRAs are operated in compliance with the governing regulations. This includes ensuring that distributions are handled properly\, and that movement of retirement assets\, including between IRAs and employer plans\, does not violate the limitations that apply. \nDesigned For\nAll practitioners advising clients on these complex issues \nObjectives\n\nIdentify penalties that can apply to distributions\, and how they can be avoided\n Help clients avoid the portability mistakes that can result in unintended tax consequences\n Move inherited retirement assets in a manner that preserves tax deferred status\n Help clients avoid ineligible contributions\n Explain the operational and compliance requirements for Roth IRA conversions\n\nMajor Subjects\nCoverage of applicable rules from SECURE Act 2.0 The 10% penalty Net unrealized appreciation of employer securities Roth IRA conversions Rollovers and the limitations Direct rollovers vs indirect rollovers\, and tax withholding; Beneficiary portability rules When a Roth IRA distribution is qualified to be tax-free Excess contributions and the 6% excise tax \nInstructions\nNone URL:https://sc.cpa/event/sstx118-27-surgents-avoiding-the-top-10-mistakes-that-can-wipe-out-retirement-savings/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T044011Z CREATED:20260612T230234Z LAST-MODIFIED:20260613T044011Z UID:10006524-1814356800-1814356800@sc.cpa SUMMARY:(SSTE110/27) Surgent's Cybersecurity Risk Management for Financial Professionals: Policies\, Controls\, and Emerging Threats DESCRIPTION:Event Description\nThis course focuses on implementing cybersecurity policies\, controls\, and risk management strategies tailored to financial environments. It emphasizes practical applications to mitigate threats and highlights global compliance standards\, particularly their relevance and applicability to U.S. organizations. \nDesigned For\nExperienced CPAs\, CITPs\, accountants\, & anyone who wants to better understand current cybersecurity & data privacy threats for individuals & businesses; anyone responsible for designing or implementing data security policies \nObjectives\n\nIdentify essential components of a cybersecurity risk management program\, including policies and controls\n Evaluate cybersecurity risks and develop risk mitigation strategies tailored for financial professionals\n Understand global compliance standards\, such as the EU AI Act and GDPR\, and their implications for U.S.-based organizations. \n Analyze financial impacts from cybersecurity breaches using real-world case studies\n Apply cybersecurity policies and controls that align with U.S. regulatory frameworks while addressing global compliance trends\n\nMajor Subjects\nCore components of a cybersecurity risk management program Overview of key policies\, controls\, and procedures for financial organizations Applicability of global compliance standards\, like the EU AI Act and GDPR\, in the U.1`S. financial landscape Case studies: financial implications of breaches and mitigation strategies Best practices for integrating cybersecurity with financial reporting \nInstructions\nNone URL:https://sc.cpa/event/sste110-27-surgents-cybersecurity-risk-management-for-financial-professionals-policies-controls-and-emerging-threats/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260613T044012Z CREATED:20260612T230238Z LAST-MODIFIED:20260613T044012Z UID:10006525-1814356800-1814356800@sc.cpa SUMMARY:(SSTX291/27) Surgent's Weekly Expert Hour (Original Air Date: 10/21/21) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format. Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. Please Note: CFP credit is not available for this course in 2021. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nLegislative update (as of 10/21/21) TIGTA report #2021-30-042 Tax aspects of selling a home \nInstructions\nNone URL:https://sc.cpa/event/sstx291-27-surgents-weekly-expert-hour-original-air-date-10-21-21/ CATEGORIES:Self-Study Video END:VEVENT END:VCALENDAR