BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.15.18//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:20240310T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20241103T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20250309T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20251102T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20260308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20261101T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T004714Z LAST-MODIFIED:20250401T050641Z UID:10004963-1751284800-1751284800@sc.cpa SUMMARY:(SSAA166/25) Surgent's Controllership Skills Update: Current Survival Skills DESCRIPTION:Event Description\nThe role of financial professionals has and continues to change in organizations. The stereotype of collecting and reporting data has been replaced by a broader vision\, which focuses on improving an organization’s results today and preparing it for the future. This brief program offers specific actions that can be implemented by financial personnel to expand their role through improving their organization. The actions and techniques provided build upon and improve activities that exist in many organizations (measuring\, budgeting\, hiring\, risk management\, etc.)\, as well as providing insights into capital allocation\, cash management\, valuation techniques\, variables that influence capacity levels\, M&A activity and actions to increase efficiency and innovation. Updated to include the impact of tax regulations\, additional examples of M&A\, alliances and strategic spin-offs/splits\, methods to improve efficiency from existing activities\, and current organizational changes employed to manage and accelerate growth. \nDesigned For\nPublic\, private and non-profit organizations and their members — CFOs\, CEOs\, controllers\, auditors\, and managers \nObjectives\nProvide an overview of the expanded role of financial professionals Gain knowledge in a diverse range of activities Explore analytical valuation techniques that are useful over a board range of events Understand the potential value of improving existing practices and/or implementing missing ones Recognize immediate actions that can result in measurable benefits to an organization Identify specific areas for further exploration \nMajor Subjects\nChanging Role of Financial Professionals: Priorities Change in mission Valued-added actions Strategic Measurements: Common errors and guidelines for improvement Balanced scorecard Strategy development and implementation Budgeting basics and next steps Risk Management: Recent lessons\, including Black Swan events Defining Enterprise Risk Management (ERM) Implementation Developing a Financial Leadership Pipeline: Changing employment environment Retaining the right employees Compensation Hiring process Capital Projects: Types of projects Factors affecting capacity Valuation techniques Cash management M&A Activity: Current environment Controller’s role Strategic questions Sample transactions Due diligence Implementation Introducing Improvements/Innovation: Getting started Establishing an environment Potential first projects Organizational structure \nInstructions\nNone URL:https://sc.cpa/event/ssaa166-25-surgents-controllership-skills-update-current-survival-skills/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T004617Z LAST-MODIFIED:20250401T033310Z UID:10004962-1751284800-1751284800@sc.cpa SUMMARY:(SSAA213/25) Surgent's Latest Developments in Government and Nonprofit Accounting and Auditing DESCRIPTION:Event Description\nThis is indeed another year of significant change in the world of government and nonprofit accounting and auditing. Time is valuable\, and it’s hard to stay current in today’s rapidly changing environment. Let us save you time and effort with this informative update course. The course materials utilize a highly illustrative and innovative format. Over 30 focused exercises are included to provide an enhanced working knowledge of the latest developments in government and nonprofit accounting and auditing. \nDesigned For\nAuditors and industry professionals working in the government and nonprofit environment \nObjectives\nUnderstand the latest GAO\, OMB\, AICPA\, GASB\, and FASB developments Keep accounting and auditing skills up to date with current requirements Prepare for major changes on the horizon \nMajor Subjects\nDeveloping issues related to Yellow Book audits and single audits Key AICPA developments affecting audits of governments and nonprofits (including implementation of SAS No. 145 on risk assessment) Recent GASB activities directed toward state and local governments with an emphasis on the implementation of GASB No. 87\, Leases The changes that occurred in NFP presentation and disclosure as a result of ASU No. 2020-07 The effects of FASB ASC 842\, Leases\, on nonprofits \nInstructions\nNone URL:https://sc.cpa/event/ssaa213-25-surgents-latest-developments-in-government-and-nonprofit-accounting-and-auditing/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T004510Z LAST-MODIFIED:20250401T051013Z UID:10004961-1751284800-1751284800@sc.cpa SUMMARY:(SSAA214/25) Surgent's Latest Developments in Government and Nonprofit Accounting and Auditing DESCRIPTION:Event Description\nThis is indeed another year of significant change in the world of government and nonprofit accounting and auditing. Time is valuable\, and it’s hard to stay current in today’s rapidly changing environment. Let us save you time and effort with this informative update course. The course materials utilize a highly illustrative and innovative format. Over 30 focused exercises are included to provide an enhanced working knowledge of the latest developments in government and nonprofit accounting and auditing. \nDesigned For\nAuditors and industry professionals working in the government and nonprofit environment \nObjectives\nUnderstand the latest GAO\, OMB\, AICPA\, GASB\, and FASB developments Keep accounting and auditing skills up to date with current requirements Prepare for major changes on the horizon \nMajor Subjects\nDeveloping issues related to Yellow Book audits and single audits Key AICPA developments affecting audits of governments and nonprofits (including implementation of SAS No. 145 on risk assessment) Recent GASB activities directed toward state and local governments with an emphasis on the implementation of GASB No. 87\, Leases The changes that occurred in NFP presentation and disclosure as a result of ASU No. 2020-07 The effects of FASB ASC 842\, Leases\, on nonprofits \nInstructions\nNone URL:https://sc.cpa/event/ssaa214-25-surgents-latest-developments-in-government-and-nonprofit-accounting-and-auditing/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T004319Z LAST-MODIFIED:20250401T050821Z UID:10004960-1751284800-1751284800@sc.cpa SUMMARY:(SSOT127/25) Surgent's Raising Financially Capable Children DESCRIPTION:Event Description\nThis course focuses on the main elements of financial education and will help accounting and finance professionals guide their clients\, and their clients’ children\, through a personalized teaching roadmap. Clients with wealth face questions about how to teach their children about money to raise financially capable children. Often\, their first contact is to their accounting and financial professionals\, so it is important to be able to provide a framework to help teach clients how to prepare their children for life with privilege.This course is designed for all practitioners who want to help their clients navigate the process of teaching the next generation about personal finances. Because every family and child are different\, it is critical to develop a specific plan for each client\, and likely each child and grandchild. By working with their clients’ descendants\, accounting and finance professionals not only build rapport and trust but also get to know the children and grandchildren\, building firm value and long-term connection. \nDesigned For\nAccounting and finance professionals who want to help clients better prepare the next generation \nObjectives\nUnderstand the importance of financially capable children Be familiar with the basic elements of financial education Be able to deal with the most common questions and answers Recognize how to build a stronger relationship with clients \nMajor Subjects\nDiscussion of the importance of a financial education for the next generation Understanding a client’s financial values Determining a client’s financial literacy Helping clients develop a teaching roadmap Using knowledge to protect against entitlement Developing a knowledge base for the information\, including a full list of recommended books on the topic and games for families to play Discussion of specific topics\, including tips and tricks related to: Allowances Earning\, work\, and entrepreneurship Spending\, saving\, and investing Philanthropy Taxes Credit cards \nInstructions\nNone URL:https://sc.cpa/event/ssot127-25-surgents-raising-financially-capable-children/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T004313Z LAST-MODIFIED:20250401T041221Z UID:10004959-1751284800-1751284800@sc.cpa SUMMARY:(SSAA222/25) Surgent's How Not-for-Profits Account for Grants and Contracts Under ASU No. 2018-08 DESCRIPTION:Event Description\nThis course is designed to help you proceed and succeed in applying the requirements found in ASU No. 2018-08\, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. Learn the thought process used in evaluating and recording contribution transactions. \nDesigned For\nNot-for-profit industry professionals and auditors \nObjectives\nUnderstand the steps involved in applying ASU No. 2018-08 Recognize how the new contribution guidance interacts with the old contribution guidance \nMajor Subjects\nEvaluating whether transactions should be accounted for as contributions or as exchange transactions Determining whether a contribution is conditional or unconditional Become comfortable with the new barrier and right of return/right of release terminology \nInstructions\nNone URL:https://sc.cpa/event/ssaa222-25-surgents-how-not-for-profits-account-for-grants-and-contracts-under-asu-no-2018-08/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T004224Z LAST-MODIFIED:20250401T035222Z UID:10004958-1751284800-1751284800@sc.cpa SUMMARY:(SSTX311/25) Surgent's Weekly Expert Hour (Original Air Date: 6/02/22) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nIRS news releases and Fact Sheets as of June 2\, 2022 Key tax law changes affecting the 2022 filing season and Tax Year 2021 tax returns Charitable contributions Congressional Budget Office projections\, 2022 to 2023 \nInstructions\nNone URL:https://sc.cpa/event/sstx311-25-surgents-weekly-expert-hour-original-air-date-6-02-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T004219Z LAST-MODIFIED:20250401T035110Z UID:10004957-1751284800-1751284800@sc.cpa SUMMARY:(SSOT107/25) Surgent's Business Development: Time Management DESCRIPTION:Event Description\nParticipants have nine hours before tonight’s birthday party\, and as they begin the workday\, they must review and prioritize their task list to maximize productivity. How much can they get done? As they set off on their day by clicking through each task on the list\, they will encounter interruptions and distractions from colleagues. Players must manage these interruptions while staying on track. Their responses will affect the day’s priorities as well as the number of hours they consumed throughout the day. \nDesigned For\nAccounting and financial service professionals needing to develop or improve time management skills \nObjectives\nRecognize how you use your time most effectively; Understand your priorities when budgeting time; Manage external events that consume time; Be familiar with strategies for resolving time management problems; \nMajor Subjects\nManaging interruptions; The role of to-do lists Creating an effective time management plan Staying on track of your time management plan Blocking out time \nInstructions\nNone URL:https://sc.cpa/event/ssot107-25-surgents-business-development-time-management/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T004215Z LAST-MODIFIED:20250401T045616Z UID:10004956-1751284800-1751284800@sc.cpa SUMMARY:(SSTX173/25) Surgent's Loss Limitations - A Mechanical Review DESCRIPTION:Event Description\nOwners of S corporations and partnerships are subject to various limitations on pass-through losses\, each with unique rules\, applications\, and complexities. As many businesses are reporting losses as a result of COVID-19\, it is essential for tax practitioners to understand the mechanical aspects of each limitation and how they coordinate to provide effective planning for loss utilization in future periods. \nDesigned For\nExperienced practitioners who desire a refresher on loss limitations and an analysis of the new rules and less experienced practitioners who desire to learn the basics of all four pass-through loss limitations and their interactions in one course \nObjectives\nUnderstand how the activity of an entity and distributions are handled when basis limitations exist for partnership interest and S corporation stock Analyze at-risk amounts for disallowed losses and demonstrate understanding of how the amount and character of suspended amounts are determined Understand passive loss limitations and how character and the number of suspended losses are determined Analyze excess business loss limitations created by the Tax Cuts and Jobs Act of 2017 and understand the limitation calculation and resulting carryforward amounts \nMajor Subjects\nLimitation 1: Basis limitations will be reviewed in detail with computational examples and include insights into similarities and differences between calculations for partnership interests and S corporation stock Limitation 2: Detailed at-risk limitation computational examples will be reviewed\, and the mechanical features of partnerships and S corporation activities will be compared and contrasted Limitation 3: Passive loss limitation mechanics will be outlined in detail and discuss computations where there are a mix of entity structures owned by a taxpayer Limitation 4: Excess business losses will be presented from a mechanical perspective \nInstructions\nNone URL:https://sc.cpa/event/sstx173-25-surgents-loss-limitations-a-mechanical-review/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T004112Z LAST-MODIFIED:20250401T044918Z UID:10004955-1751284800-1751284800@sc.cpa SUMMARY:(SSTX307/25) Surgent's Weekly Expert Hour (Original Air Date: 5/5/22) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nSecure Act proposed regulations New RMD rules Outlook for the economy and markets \nInstructions\nNone URL:https://sc.cpa/event/sstx307-25-surgents-weekly-expert-hour-original-air-date-5-5-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003710Z LAST-MODIFIED:20250401T033213Z UID:10004954-1751284800-1751284800@sc.cpa SUMMARY:(SSTX101/25) Surgent's Fiduciary Income Tax Returns - Form 1041 Workshop with Filled-in Forms DESCRIPTION:Event Description\nThis course is designed as a comprehensive guide to the core concepts of trust and estate income tax preparation. The course explains the common terminology and complicated income tax rules of estates and trusts\, fiduciary accounting\, and an introduction to or refresher on preparing Form 1041. This practical\, over 300-page manual is an excellent reference source for your practice\, which begins with quite simple cases. Building upon that base throughout the manual\, the course ends with two complicated preparation cases\, one trust and one estate\, each with filled-in forms. \nDesigned For\nAccounting and Financial Professionals whose practice includes the preparation of fiduciary income tax returns \nObjectives\nBe aware of fiduciary accounting principles Calculate Distributable Net Income and the income distribution deduction Prepare Form 1041 and Schedule K-1 \nMajor Subjects\nClassifying receipts between income and corpus under the Uniform Principal and Income Act Calculation of DNI utilizing three different methods\, a forms method (Schedule B)\, a code method\, and a shortcut method\, utilizing a worksheet of common income and expenses Proper W-2 preparation and procedures in the year of death Taxpayer passes before taking a required minimum distribution; what must be done? Forgetful fiduciaries of simple trusts Fluctuating trusts; Simple one year\, complex the next Dividing income in the year of death Overview of Subchapter J Form preparation issues; Filing requirements and line-by-line explanations of Form 1041 Taxable income of estates and trusts and expense allocation issues Specific deductions and miscellaneous itemized deductions Income in respect of a decedent The income distribution deduction calculation Relation of principal and income law to DNI Understanding how to handle capital gains and losses Allocating tax items to beneficiaries: another K-1 Other considerations: excess deductions on termination Effects of the CARES and Tax Relief Acts on trusts: Sect 461(l) Excess Business Loss Limitation\, NOL\, Sect 163(j) modifications\, new employer credits Comprehensive DNI case study\, with principal (cost and FMV) and income reconciliation Comprehensive trust and estate case studies\, with filled-in forms \nInstructions\nNone URL:https://sc.cpa/event/sstx101-25-surgents-fiduciary-income-tax-returns-form-1041-workshop-with-filled-in-forms/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003518Z LAST-MODIFIED:20250401T045412Z UID:10004953-1751284800-1751284800@sc.cpa SUMMARY:(SSTX192/25) Surgent's Getting Ready for Busy Season: Key Changes Every Tax Practitioner Should Know DESCRIPTION:Event Description\nGetting ready for busy season involves not only knowing what’s new for the current year\, but also understanding how the changing limits\, phaseouts and other rules apply to current-year returns. With major legislation enacted over the past few years\, the present course will constitute a one-stop “shop” that brings you the essential individual tax information. In addition\, this course provides an up-to-date review of important tax form changes\, new tax forms\, new limitations\, key developments as they are reflected in the IRS forms\, and IRS filing issues and deadlines that will be invaluable to attendees who prepare tax returns during busy season. \nDesigned For\nAny tax practitioner preparing or reviewing individual income tax returns for the current tax year \nObjectives\nUnderstand which income tax returns and schedules have changed for individuals and pass-through entities Identify the legislative\, administrative\, and judicial developments that affect the income tax returns and schedules of individuals and pass-through entities \nMajor Subjects\nTimely coverage of breaking tax legislation Comprehensive coverage of the Inflation Reduction Act of 2022 and SECURE Act 2.0; A tour of the most recent changes starting from gross income and ending with alternative minimum tax (AMT) and selected credits including the latest IRS guidance on recent tax legislation Hot developments affecting the upcoming tax season Review of new laws and changes in old forms to provide a familiarity for the upcoming tax season Key new tax and practice developments and how they impact the current-year tax forms for individuals \nInstructions\nNone URL:https://sc.cpa/event/sstx192-25-surgents-getting-ready-for-busy-season-key-changes-every-tax-practitioner-should-know/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003516Z LAST-MODIFIED:20250401T042223Z UID:10004952-1751284800-1751284800@sc.cpa SUMMARY:(SSAA239/25) Surgent's Applying Lessons Learned To Assure a Successful ASC 842 Adoption DESCRIPTION:Event Description\nWith the effective date of ASC 842\, Leases\, imminent\, it’s time to get tactical with your implementation plan. In this webinar\, Ane Ohm\, the co-founder and CEO of leading lease accounting software provider LeaseCrunch\, joins Surgent to discuss lessons learned and best practices from those who have already completed ASC 842 adoption to help assure a successful implementation of this complex accounting standard. Ane will discuss her experiences in assisting companies through the nuances of ASC 842\, from navigating its complex guidance on such topics as lease term\, lease payments\, and discount rates to providing a road map for performing transition accounting. Plus\, she’ll demonstrate the value of using lease accounting software to assist in these activities. With time at a premium\, this webinar will allow you to focus on the important activities that you should be doing now to complete your ASC 842 implementation. \nDesigned For\nPracticing 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\nIdentify best practices for successful ASC 842 adoption Recall common challenges when applying ASC 842 guidance Identify tools to assist with successful ASC 842 adoption \nMajor Subjects\nASU No. 2016-02\, Leases (Topic 842) Implementation challenges in adopting ASC 842 Common pitfalls and errors in applying ASC 842 Best practices in implementing ASC 842 Use of lease accounting software for successful implementation and ongoing accounting \nInstructions\nNone URL:https://sc.cpa/event/ssaa239-25-surgents-applying-lessons-learned-to-assure-a-successful-asc-842-adoption/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003512Z LAST-MODIFIED:20250401T045922Z UID:10004951-1751284800-1751284800@sc.cpa SUMMARY:(SSAA289/25) Surgent's What in the GASB Were They Thinking! Governments and Leases DESCRIPTION:Event Description\nGovernments enter into leases for many types of assets. This course is designed to help you understand the core components of governmental lease accounting under GASB No. 87\, Leases. You will learn the important definitions involved\, the key decision points involved in applying the standard\, and how to think through those decision points. \nDesigned For\nGovernmental industry professionals and auditors \nObjectives\nSkillfully prepare for the implementation of GASB No. 87 Become comfortable with the application of GASB No. 87 in the governmental environment \nMajor Subjects\nEvaluating whether a contract meets the definition of a lease Properly calculating the lease term Determinations to be made with regard to short-term leases \nInstructions\nNone URL:https://sc.cpa/event/ssaa289-25-surgents-what-in-the-gasb-were-they-thinking-governments-and-leases/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003510Z LAST-MODIFIED:20250401T045919Z UID:10004950-1751284800-1751284800@sc.cpa SUMMARY:(SSTX160/25) Surgent's Taking Advantage of Installment Sales DESCRIPTION:Event Description\nWhen real property is sold for a gain\, we always try to find ways to defer recognizing income so that it won’t be necessary to send a check to Uncle Sam. There is a provision within the Internal Revenue Code that allows the taxpayer to defer recognition of immediate taxable gain in the year of sale known as an “installment sale.” Knowing how and when to utilize this provision makes the Accounting and Finance Professionals very valuable to either their client or the entity they work for. We will also discuss recent proposals that could impact the future of this provision. \nDesigned For\nAccounting and Finance Professionals who either represent or work for entities that own real property \nObjectives\nUtilize the provisions of IRC Sec 453 to defer recognizing gain on the sale of real property via an installment sale \nMajor Subjects\nHow does the IRC define an installment sale under IRC Sec 453? When can a taxpayer utilize the provisions of IRC Sec 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? Reporting an installment sale when related parties are involved Calculating an installment sale How has the Tax Cuts and Jobs Act impacted the use of the installment sale method? \nInstructions\nNone URL:https://sc.cpa/event/sstx160-25-surgents-taking-advantage-of-installment-sales/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003411Z LAST-MODIFIED:20250401T042322Z UID:10004949-1751284800-1751284800@sc.cpa SUMMARY:(SSAA192/25) Surgent's Focus on Engagement Quality: How to Avoid Deficiencies in Peer Reviews DESCRIPTION:Event Description\nWith the AICPA’s heightened focus on enhancing audit quality\, increased oversight of the peer review process and the auditor’s overall responsibility to provide high quality services\, the focus on compliance with professional standards has never been greater. Recent peer reviews have indicated that auditors are often failing to perform and/or document certain critical components of an audit such as the auditor’s assessment of risk and linking the results of the assessment to substantive procedures performed. In addition\, auditors are not adequately documenting their consideration of fraud\, expectations in analytical procedures and the appropriate level of work needed to understand an entity’s internal control. Now is time to revisit the way that auditors are performing and documenting the work performed to meet professional standards since nonconforming engagements can result in an auditor’s referral to the AICPA Ethics Committee. There have not been significant changes to quality control standards since 2006. In June 2022\, two new statements on quality management were issued. Another statement was issued recently to incorporate the changes to the Group Audit Standard (SAS 149). A related audit standard on engagement quality\, SAS 146\, and an accounting and review service standard\, SSARS 26\, were also issued. These changes are substantive. They are effective for years beginning after December 15\, 2025.This course will also focus on the most significant items resulting in deficiencies identified in the peer review process. We will also discuss the applicable audit standards\, documentation requirements\, and best practices. We will specifically look at the issues related to the peer review “must select” audit areas: Government Auditing Standards and Single Audit and Employee Benefit Plans. Finally\, we will discuss issues in compilations and reviews as well as disclosure deficiencies noted by peer reviewers. The objective of the course is to provide the insights necessary to help auditors and accountants improve not just the quality of their work but also the perception of the accounting profession as a whole. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to improve engagement quality \nObjectives\nIdentify key elements of the AICPA’s Enhancing Audit Quality initiative Recognize key trends in recent peer review deficiencies noted Identify professional standards related to performing a risk assessment\, understanding and testing internal controls\, and linking these procedures to further audit consideration Implement best practices to help ensure overall engagement quality \nMajor Subjects\nAICPA’s Enhancing Audit Quality initiative Recent revisions to Quality Management standards Feedback from peer reviews\, including areas driving deficiencies in audit Elements of an effective risk assessment and how to link to audit procedures performed Understanding internal controls and making the decision whether or not to test them Issues related to compilations and reviews Issues related to employee benefit plans Issues related to Government Auditing Standards/Single Audits Best practices in documentation \nInstructions\nNone URL:https://sc.cpa/event/ssaa192-25-surgents-focus-on-engagement-quality-how-to-avoid-deficiencies-in-peer-reviews/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003315Z LAST-MODIFIED:20250401T045423Z UID:10004948-1751284800-1751284800@sc.cpa SUMMARY:(SSET106/25) Surgent's General Ethics for Tax Practitioners DESCRIPTION:Event Description\nThis two-hour course covers most of the specific ethical considerations that come into play as a practitioner in the eyes of the Internal Revenue Service. \nDesigned For\nCPAs who want to satisfy the general professional ethics requirement in all states except those that require a state-specific ethics course (AR\, AZ\, CA\, CO\, DE\, FL\, ID\, LA\, MI\, MS\, NJ\, NY\, OH\, SC\, TN\, TX\, UT\, VA\, WA\, WY); and all EAs. \nObjectives\nIdentify the Office of Professional Responsibility Distinguish between ethical responsibilities owed to the Service and the client State the limitations on contingent fee arrangements Discuss the areas of conflict of interest and solicitation that attend practice before the Service Appreciate the possible sources of\, and sanctions for\, unethical conduct with the IRS Recognize the public disclosure of unethical conduct by a tax practitioner before the IRS \nMajor Subjects\nWho is a tax practitioner? What responsibilities does the Office of Professional Responsibility regulate? What limitations does the IRS place on fee arrangements? What duties does the practitioner have with respect to client records? What limitations apply with respect to a written tax opinion? What sanctions may be applied for violations of Service imposed standards of conduct? \nInstructions\nNone URL:https://sc.cpa/event/sset106-25-surgents-general-ethics-for-tax-practitioners/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003312Z LAST-MODIFIED:20250401T050644Z UID:10004947-1751284800-1751284800@sc.cpa SUMMARY:(SSTE130/25) Surgent's Power Query Series: Merge Queries DESCRIPTION:Event Description\nA merge query combines two queries that have a common column or columns. This course discusses best practices for creating merge queries using Power Query (Excel version) and includes hands-on exercises to enable the user to demonstrate what they have learned.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 eighth 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\nUnderstand what a merge query is and why it is so useful Recognize the data requirements for a merge query Be familiar with the types of joins for a merge query \nMajor Subjects\nWhat is a merge query? What are the data requirements for a merge query? What are the types of joins for a merge query? Hands-on examples: creating merge queries\, creating a full anti-join using an append query\, grouping queries \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sste130-25-surgents-power-query-series-merge-queries/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003311Z LAST-MODIFIED:20250401T041918Z UID:10004946-1751284800-1751284800@sc.cpa SUMMARY:(SSAA148/25) Surgent's Mastering Accounting for Income Taxes DESCRIPTION:Event Description\nSince its inception nearly 30 years ago\, many have continued to struggle with applying the current model for accounting for income taxes\, ASC 740. But this does not have to be you. This course will provide you with the basic knowledge necessary to understand the complexities of this challenging topic. Through discussions and use of exercises\, this course will analyze the authoritative literature to provide a thorough understanding of such topics as deferred taxes\, income tax expense\, uncertain tax positions and other classification and disclosure requirements related to income taxes. We will also explore some specialized areas of income tax accounting\, such as intra-period allocations of income tax expense and accounting for changes in tax laws and rates\, and we will review proposed updates to ASC 740 disclosures on which the FASB is contemplating.In summary\, this course is the place to be to enhance your accounting for income taxes IQ. \nDesigned For\nPracticing 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\nIdentify and calculate the deferred tax asset or liability for an entity Determine when and how to report uncertain tax positions Calculate and report the components of income tax expense Develop appropriate disclosures Comprehend recent and proposed changes to accounting guidance for income taxes \nMajor Subjects\nThe sources of deferred tax assets and liabilities Calculating the deferred tax asset or liability Reporting income-tax expense and balance sheet items CARES Act accounting implications Defining\, analyzing\, and reporting uncertain tax positions Classification of deferred tax assets and liabilities Disclosure requirements Recent and proposed changes to the accounting and disclosure requirements for income taxes \nInstructions\nNone URL:https://sc.cpa/event/ssaa148-25-surgents-mastering-accounting-for-income-taxes/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003221Z LAST-MODIFIED:20250401T045521Z UID:10004945-1751284800-1751284800@sc.cpa SUMMARY:(SSAA287/25) Surgent's Understanding and Testing Control and Compliance in a Single Audit DESCRIPTION:Event Description\nThe control and compliance requirements for single audits differ from the requirements for GAAS audits. As a result\, sometimes it’s difficult to tell where the auditor’s responsibilities start and stop in a single audit. This course is designed to help you proceed and succeed in applying the single audit control and compliance requirements. Over 15 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in single auditing today. \nDesigned For\nAuditors performing single audits \nObjectives\nObtain a thorough understanding of the auditor’s responsibilities related to internal control in a single audit Skillfully apply the single audit requirements related to testing direct and material compliance requirements for major programs Perform single audits that make peer reviewers happy \nMajor Subjects\nThe essential internal control concepts applied in a single audit How the auditor obtains an understanding of controls over compliance and then tests the effectiveness of those controls in a single audit How the auditor plans and performs tests of compliance in a single audit The identification and reporting of control and compliance findings \nInstructions\nNone URL:https://sc.cpa/event/ssaa287-25-surgents-understanding-and-testing-control-and-compliance-in-a-single-audit/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003217Z LAST-MODIFIED:20250401T044022Z UID:10004944-1751284800-1751284800@sc.cpa SUMMARY:(SSOT113/25) Surgent's Corporate Bankruptcy Basics: Understanding the Reorganization and Liquidation Process DESCRIPTION:Event Description\nCorporate bankruptcies are complex proceedings involving multiple parties. Businesses file for bankruptcy to seek protection from creditors and to reorganize or liquidate debts. There are several reasons companies file for bankruptcy; however\, the most common include excessive debt\, a drop in demand\, increased costs\, lawsuits\, and poor accounting practices. As trusted advisors\, accounting and financial professionals should have a basic understanding of the bankruptcy process. This course provides an overview of corporate bankruptcy proceedings. Participants in this webinar will gain an understanding of how corporate bankruptcy proceedings begin and end\, as well as learn about key issues that affect debtor and creditor rights during bankruptcy.This webinar provides information from the perspective of both debtor and creditor. Although bankruptcy concerns the debts of the debtor\, the Bankruptcy Code provides substantial protections to creditors. Creditor rights\, however\, vary widely depending on the status afforded the creditor under the Bankruptcy Code. Do yourself\, your clients\, and your profit margin a favor\, and sign up for this invaluable webinar. \nDesigned For\nProfessionals seeking to understand the basic components of bankruptcy proceedings \nObjectives\nUnderstand the difference between Chapter 7 and 11 bankruptcy proceedings Advise clients regarding the proof of claim process Identify issues important to corporate creditors during the bankruptcy process Understand the role of the automatic stay injunction \nMajor Subjects\nCommencement of a corporate bankruptcy proceeding Protections provided to Chapter 11 and 7 debtors under the Bankruptcy Code Key procedural aspects of bankruptcy The automatic stay Differences between Chapters 7 and 11 bankruptcy cases How a debtor liquidates under Chapter 7 Proofs of claim Chapter 11 plans of reorganization Litigation that can arise during bankruptcy Creditor committees Bankruptcy trustees Avoidable preferences and fraudulent transfers Special rights afforded to landlords and secured creditors \nInstructions\nNone URL:https://sc.cpa/event/ssot113-25-surgents-corporate-bankruptcy-basics-understanding-the-reorganization-and-liquidation-process/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003113Z LAST-MODIFIED:20250401T030543Z UID:10004943-1751284800-1751284800@sc.cpa SUMMARY:(SSTX204/25) Surgent's Real Estate Taxation: Critical Considerations DESCRIPTION:Event Description\nThis course is a ‘deep dive’ into many aspects involving the taxation of real estate for the mid-level practitioner moving into this complex area. You will deepen your understanding of the complex considerations and strategies that individuals must navigate in acquiring\, operating\, and selling real estate. You will leave the course able to navigate critical issues associated with the relevant returns and plan strategically for your company or clients. We will discuss in detail the impact that recent tax changes have had on the real estate industry\, as well as new credits that are available after the Inflation Reduction Act of 2022. \nDesigned For\nAccounting and Finance Professionals who advise clients or their company on issues related to the acquisition\, operating\, and selling of real estate \nObjectives\nUnderstand the most commonly used forms of ownership for real estate holdings and the scenario-based advantages and disadvantages of each Know and be able to apply the key considerations in determinations surrounding depreciation and recapture\, like-kind exchanges\, and the determination of passive activity losses Recognize how recent tax legislation impacts commercial real estate Recognize how recent tax legislation impacts homeowners Identify components for determing a property’s tax basis \nMajor Subjects\nThe impact of recent tax legislation on the real estate industry Depreciation and recapture Determining the basis when acquiring real estate Passive activity losses Calculation of gain or loss on sale of real estate Rental operations Installment sales \nInstructions\nNone URL:https://sc.cpa/event/sstx204-25-surgents-real-estate-taxation-critical-considerations/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T003107Z LAST-MODIFIED:20250401T040115Z UID:10004942-1751284800-1751284800@sc.cpa SUMMARY:(SSOT137/25) Surgent's Understanding Non-Compete Agreements DESCRIPTION:Event Description\nMore and more employers rely on non-compete agreements to protect company assets. Although state laws vary\, non-competes are often used to protect the creation and development of corporate goodwill\, customer relationships and specialized training\, among others. Today\, employees are more likely to be asked to sign non-compete agreements as a condition to employment. Non-compete agreements are also a common component of a business sale agreement. This program surveys non-compete agreements from all angles. Whether you advise individual clients or work for an employer\, the presentation provides an understanding of common issues that arise in the negotiation and enforcement of non-competes. \nDesigned For\nPractitioners who advise employers who seek to use non-competes to protect corporate assets such as customer goodwill\, client lists or other legitimate business interests. Practitioners who advise individuals who may have signed non-compete agreements. \nObjectives\nGain an understanding of issues that arise when an employer seeks to enforce a non-compete or when an employee challenges the validity of a non-compete agreement Understand how non-compete laws vary significantly by state Learn common issues that arise when drafting and litigating non-compete agreements. \nMajor Subjects\nEnforcement of non-compete agreements from the employer’s perspective Opposing enforcement of non-compete agreements from the employee’s perspective Understanding reasonable geographic scope and time limitations for non-compete agreements Understanding key issues that arise during enforcement and opposition to enforcement of non-compete agreements. \nInstructions\nNone URL:https://sc.cpa/event/ssot137-25-surgents-understanding-non-compete-agreements/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T002917Z LAST-MODIFIED:20250401T053612Z UID:10004941-1751284800-1751284800@sc.cpa SUMMARY:(SSOT131/25) Surgent's Securing a Comfortable Retirement in the Age of Spending DESCRIPTION:Event Description\nThis course gives CPAs the knowledge to help their clients plan for retirement by evaluating how much retirement income they will require and planning for how to reach their retirement goals. \nDesigned For\nCPAs looking to advise clients on retirement planning\, and CPAs looking for effective strategies for their own retirement \nObjectives\nHelp clients determine retirement strategies for the desired retirement lifestyle Identify resources available for retirement Explain how budgeting can identify retirement resources Understand how to build the three-legged retirement stool: employer retirement\, savings\, and Social Security Understand the need for Plan B when the ideal retirement goal is not achievable Explain ways that clients can convert the equity in a home to retirement income Explain how the value of a small business can be converted to retirement income Explain survival possibilities and how first-to-die and last-to-die survival probabilities are used in retirement planning for married couples Understand timing regarding the use of taxable retirement funds and nontaxable funds\, and strategies to minimize income tax on Social Security Recognize the role of various investment types\, such as life insurance\, annuities\, mutual funds\, equity holdings\, and bonds in retirement planning Summarize key points of recent research on the sustainability of retirement income and maintenance of desired retirement lifestyles \nMajor Subjects\nRetirement planning using variables such as desired lifestyle\, travel plans\, housing plans\, medical needs and family needs to customize a retirement plan unique to the client Using the residence and other real estate as retirement assets through equity and rent Using the small business as a retirement resource through creative retirement plans Overview of asset allocation\, portfolio management\, portfolio rebalancing\, and investment selection concepts\, before and after retirement The three-legged retirement stool of employer retirement\, savings\, and Social Security Planning with the new retirement provisions of SECURE Act 2.0 Distribution/asset liquidation planning Analysis of the most current/important research on retirement planning and sustaining retirement income levels \nInstructions\nNone URL:https://sc.cpa/event/ssot131-25-surgents-securing-a-comfortable-retirement-in-the-age-of-spending/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T002913Z LAST-MODIFIED:20250401T054216Z UID:10004940-1751284800-1751284800@sc.cpa SUMMARY:(SSTX219/25) 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\nUnderstand the factors that must be considered for due diligence and developing a valuation Understand the goals and methods of negotiating the final purchase price Identify the different tax consequences of various forms of acquired businesses\, including the impact of the net investment income tax (NIIT) and the Sect 199A pass-through deduction Appreciate Sect 338 and Sect 338(h)(10) elections and the benefits of installment sales Understand the impact of Sects 751\, 734\, 743\, and 754 on the purchase or sale of a partnership Learn how strategies have changed under new tax legislation Understand the required reporting to the IRS regarding the purchase or sale of a business and how to complete the forms \nMajor Subjects\nAn overview of the business evaluation process 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 sale: Sect 338 and Sect 338(h)(10) The use of F reorganizations in lieu of Sect 338(h)(10) The impact of the Sect 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 Sect 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/sstx219-25-surgents-buying-and-selling-a-business-critical-tax-and-structuring-issues/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T002814Z LAST-MODIFIED:20250401T034322Z UID:10004939-1751284800-1751284800@sc.cpa SUMMARY:(SSAA181/25) Surgent's Construction Contractors: Accounting and Financial Reporting Issues DESCRIPTION:Event Description\nAccounting and financial reporting for construction contractors may be the most difficult area to be in compliance with the various standards. Also\, construction engagements are\, in many instances\, more “dangerous” than most lines of business due to the many users of the financial statements (especially considering the impact of COVID-19). In this course\, we will discuss why construction accounting and financial reporting are so complex and discuss the relationship between the contractor and the surety\, both from an underwriting and claims perspective. We will also explore what the surety looks for in order to maximize potential bond credit. \nDesigned For\nPractitioners who have construction clients and professionals in the construction industry who need to be up to date on the latest information \nObjectives\nApply accounting and financial reporting standards to construction contractors \nMajor Subjects\nOverall landscape of the construction industry GAAP and recent changes affecting the construction industry The new Revenue Recognition Standard and its impact on the construction industry The unique relationship between the contractor and the surety The new lease FASB ASC and its impact on the construction industry \nInstructions\nNone URL:https://sc.cpa/event/ssaa181-25-surgents-construction-contractors-accounting-and-financial-reporting-issues/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T002811Z LAST-MODIFIED:20250401T050525Z UID:10004938-1751284800-1751284800@sc.cpa SUMMARY:(SSTE119/25) Surgent's Max the Tax: Metaverse DESCRIPTION:Event Description\nYour client\, Multi-Mega Markets Corporation (MMM)\, a global conglomerate with businesses in entertainment\, fashion\, retail\, software\, technology and other industries\, is looking for advice on the state of the metaverse. They are considering starting a new subsidiary in the metaverse called The MegaVerse (TMV). Your help is needed to share accurate information about the metaverse\, choose the most appropriate MMM subsidiaries to be associated with the metaverse\, and make decisions regarding interoperability. \nDesigned For\nAccounting professionals and anyone needing foundational information related to the metaverse \nObjectives\nUnderstand how professionals are utilizing the metaverse to their advantage Recognize emerging issues in the metaverse \nMajor Subjects\nWhy accounting and other professionals should use the metaverse Where accountants and other professionals can find their space in the metaverse How the metaverse is changing the way we work \nInstructions\nNone URL:https://sc.cpa/event/sste119-25-surgents-max-the-tax-metaverse/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T002809Z LAST-MODIFIED:20250401T050522Z UID:10004937-1751284800-1751284800@sc.cpa SUMMARY:(SSMG133/25) Surgent's Planning and Strategy Formulation for Your Organization's Financial Success DESCRIPTION:Event Description\nDid 2020 show us that planning doesn’t work? It might seem that way. But\, obviously some organizations survived far better than others due to their ability to handle unexpected change. Sick and tired of taking CPE that has no practical application or just regurgitates the same information over and over? Join us for this practical course\, which will present a fresh approach to planning and strategy formulation for your organization. Often thought of as a painful process\, planning and strategy formulation is probably one of the most important processes any organization undertakes in order to achieve financial success. We’ll explore this fresh approach to many different planning stages\, including the marketing plan\, the technology plan\, the capital plan\, the five-year operating plan and much more! The pandemic has shown us that our planning process must be far nimbler and allow our organization to shift rapidly. Today’s dynamic economic environment requires much more careful planning and strategy execution. Come find out how to make that happen for your organization. \nDesigned For\nCFOs\, controllers\, and finance professionals \nObjectives\nDevelop strategies for the organization that make an impact Avoid the political pitfalls that often come with the planning process and inhibit change Maximize the usefulness of the different plans developed for the organization Identify the differences between strategic and incremental planning Implement strategic planning at the department level Make the planning process enjoyable and painless for the entire organization Be familiar with the results of the case studies and exercises that reinforce key learning points throughout the course \nMajor Subjects\nDifferences between planning and budgeting Building change into the planning process The business model Strategic plan Marketing plan Financial forecasting Financial risk analysis Five-year operating plan \nInstructions\nNone URL:https://sc.cpa/event/ssmg133-25-surgents-planning-and-strategy-formulation-for-your-organizations-financial-success/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T002808Z LAST-MODIFIED:20250401T050218Z UID:10004936-1751284800-1751284800@sc.cpa SUMMARY:(SSMG125/25) Surgent's Project Management for Finance Professionals DESCRIPTION:Event Description\nThe past few years have shown us the need for numerous projects and the need to manage those projects in a unique way. Project management is an important part of every organization; however\, often companies do not differentiate between project management and operations management. Sometimes the finance professional is called upon to serve on a project team\, or in other cases is in a position to manage a project within the finance or accounting department. In either case\, he or she should be well versed in both the theory and practice of project management. While project management has probably been around since the time of building the pyramids\, the modern discipline started to take hold in large organizations in the late ’50s and early ’60s. From there it spread to smaller organizations to the point where almost any-sized organization can benefit from its ideas. This course is designed for the finance professional of the small and medium-sized organization. It is not meant for the experienced project manager of a large organization or the person wanting training for project management certification. In an effort to avoid talking theory without concrete examples\, we will often use examples born from projects needed as a result of our experiences with COVID-19. \nDesigned For\nCFOs\, controllers\, and finance professionals \nObjectives\nUnderstand when and when not to apply project management thinking Know how to define success in a project Understand and manage the critical path of a project Understand the theory of constraints in project management Know how to both choose and lead people on the project team \nMajor Subjects\nProject management is a way of thinking and managing Identifying projects\, needs\, objectives\, and deliverables Project feasibility evaluation Life cycle of a project What causes projects to fail Establishing the project scope and preventing “project creep” Defining and managing stakeholders Organizational politics and conflict management Establishing the detailed schedule Introduction to project management software \nInstructions\nNone URL:https://sc.cpa/event/ssmg125-25-surgents-project-management-for-finance-professionals/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T002514Z LAST-MODIFIED:20250401T045118Z UID:10004935-1751284800-1751284800@sc.cpa SUMMARY:(SSTX286/25) Surgent's Weekly Expert Hour (Original Air Date: 11/19/20) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nBaer v. United States Safe harbor provided by Rev. Proc. 2020-51 Are S corporations and partnerships subject to the $10\,000 SALT limit? IRS Notice 2020-75 Commercial real estate tax strategies \nInstructions\nNone URL:https://sc.cpa/event/sstx286-25-surgents-weekly-expert-hour-original-air-date-11-19-20/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T150220 CREATED:20250401T002512Z LAST-MODIFIED:20250401T050824Z UID:10004934-1751284800-1751284800@sc.cpa SUMMARY:(SSAA116/25) Surgent's Testing Internal Control and Reporting Deficiencies DESCRIPTION:Event Description\nThe risk assessment process requires the auditor to understand internal controls over financial reporting and report deficiencies to management and those charged with governance as defined by professional standards. Auditors may be also required or decide to test internal controls for effectiveness. This module builds on the previous module on internal control extending the participant’s skills to effective and efficient testing of internal controls and communicating deficiencies. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 3.) \nDesigned For\nAccountants who have responsibility for evaluating the design and operating effectiveness of controls in a financial statement audit \nObjectives\nExplain the professional standards related to and rationale for understanding and testing internal controls Discuss the professional standards related to testing controls for operating effectiveness Illustrate the appropriate level of linkage between the work performed in testing internal controls\, control reliance and reporting on internal controls Identify impact of a control reliance strategy on the detailed audit plan \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/ssaa116-25-surgents-testing-internal-control-and-reporting-deficiencies/ CATEGORIES:Self-Study Video END:VEVENT END:VCALENDAR