BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.15.18//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: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:20260403T145945 CREATED:20250331T221809Z LAST-MODIFIED:20250401T050805Z UID:10004620-1751284800-1751284800@sc.cpa SUMMARY:(SSTE108/25) Surgent's Data Analytics Readiness Series: PivotTables DESCRIPTION:Event Description\nThis one-hour course will provide users with hands-on practice using PivotTables and Excel. Users will learn and apply skills to create\, structure\, and analyze data using PivotTables. The benefits and limitations of PivotTables will be discussed. Users will be introduced to Power Pivot and Online Analytics Processing within it.This course is one in a ten-part certification series\, Core Data Analytics: Excel and Power BI Skills for Accounting and Finance Professionals\, by Surgent IQ. \nDesigned For\nAccountants who want to transition to data analysis and have a basic knowledge of Excel and Excel formulas \nObjectives\nUnderstand the applicable Excel skills that will be required in making the transition to data analyst Understand the uses\, benefits\, and limitations of PivotTables in Excel Apply Excel skills to create\, structure\, and operate PivotTables using predefined data Perform sorting\, filtering\, and calculations within PivotTables Understand Online Analytical Processing and when it is used in Power Pivot \nMajor Subjects\nFields in a PivotTable Benefits of PivotTable Contextual tabs for a PivotTable Field setting dialog box Value field setting dialog box Pivot table options Exercises- PivotTables Creating a PivotTable Grouping by date Sorting a PivotTable Filtering a PivotTable Calculations in a PivotTable Slicers and timelines Introduces OLAP (Online Analytical Processing) pivot tables in Power Pivot \nInstructions\nInstall Power Pivot and Data Analysis ToolPak URL:https://sc.cpa/event/sste108-25-surgents-data-analytics-readiness-series-pivottables/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T221913Z LAST-MODIFIED:20250401T034617Z UID:10004621-1751284800-1751284800@sc.cpa SUMMARY:(SSOT102/25) Surgent's Coaching Skills for Managers and Supervisors DESCRIPTION:Event Description\nThis one-day course will teach effective skills for coaching and training employees. You’ll learn how to identify the characteristics of effective coaches and develop coaching strategies to support and assist your team\, with the goal of helping them improve morale\, productivity and quality. And\, you’ll learn a five-step approach for giving constructive criticism while managing defensive reactions. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 5.) \nDesigned For\nEmployees identified for advancement\, team leads\, supervisors\, and managers \nObjectives\nIdentify effective coaches and develop coaching strategies to support your team Give constructive criticism while managing defensive reactions \nMajor Subjects\nThe definition of coaching and the coaching process Characteristics of effective coaches Coaching strategies to support and assist others as they change ineffective behaviors Conducting one-on-one coaching sessions for setting goals and improving performance \n\nInstructions\nNone URL:https://sc.cpa/event/ssot102-25-surgents-coaching-skills-for-managers-and-supervisors/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T221915Z LAST-MODIFIED:20250401T051813Z UID:10004622-1751284800-1751284800@sc.cpa SUMMARY:(SSAA251/25) Surgent's Non-GAAP Financial Measures - What You Need to Know DESCRIPTION:Event Description\nThis course provides an overview of non-GAAP financial measures with a particular emphasis on comments from the SEC\, the FASB\, as well as comment letter analysis from several of the Big Four accounting firms. Non-GAAP financial measures continue to rank at the top of the most frequent comment letters issued by the SEC. As a result\, it’s important to understand the guidance with respect to these measures to ensure that an entity’s financial statements remain GAAP compliant and are not misleading. \nDesigned For\nCPAs in need of a review of non-GAAP financial measures with an emphasis on comments from the SEC and FASB\, as well as comment letter analysis from some of the Big Four accounting firms. \nObjectives\nDifferentiate between a GAAP financial measure and a non-GAAP financial measure Recognize examples of different types of non-GAAP financial measures Identify which SEC guidance is applicable to different types of non-GAAP financial measures Recognize disclosures within the scope of Regulation G Identify key requirements included within both Regulation G and Regulation S-K related to these measures \nMajor Subjects\nComment letter analysis from several Big Four accounting firms Non-GAAP financial measures Comments from the SEC and FASB \nInstructions\nNone URL:https://sc.cpa/event/ssaa251-25-surgents-non-gaap-financial-measures-what-you-need-to-know/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T221916Z LAST-MODIFIED:20250401T034414Z UID:10004623-1751284800-1751284800@sc.cpa SUMMARY:(SSOT105/25) Surgent's Business Development for Accounting and Other Professionals DESCRIPTION:Event Description\nTo grow and succeed\, accounting and finance professionals must have a workable business development plan – and execute it effectively. Business development plans serve as a road map for bringing new clients into an organization and keeping the clients you already have.This course provides a broad overview for successfully growing a business. Whether you are relatively new to your profession or a seasoned pro\, this course will teach or remind you of the key strategies you need to utilize to expand your business. This course also addresses marketing fundamentals such as the establishment of referral sources\, networking\, publishing\, and social media best practices. \nDesigned For\nAnyone in the accounting or financial services profession who seeks to understand how professionals and organizations successfully design and implement business development programs \nObjectives\nUnderstand the components of a successful marketing plan Recognize website and social media marketing fundamentals Be familiar with ways to expand a client base through networking and referral sources Understand how online publications allow professionals to become thought leaders in their industry Understand how professionals differentiate their practice in a crowded field of competitors \nMajor Subjects\nMarketing plans and how they provide direction and strategy for business growth Fundamentals of an effective website The growing importance of social media Strategies for obtaining and cultivating referral sources The benefits and challenges of networking organizations Creating a niche in saturated industries Using online publishing to meet your growth objectives \nInstructions\nNone URL:https://sc.cpa/event/ssot105-25-surgents-business-development-for-accounting-and-other-professionals/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T221918Z LAST-MODIFIED:20250401T044117Z UID:10004624-1751284800-1751284800@sc.cpa SUMMARY:(SSAA132/25) Surgent's Quality Management and Peer Review DESCRIPTION:Event Description\nRegulators\, investors\, other capital markets stakeholders and users of the financial statements need accurate and transparent financial information for decision making. One reason that why the capital markets are as efficient as they are today\, is that users believe that they can trust audited financial statements\, in part\, due to the fact that they are audited. The AICPA instituted its Enhancing Audit Quality Initiative in 2014 to help to improve regulator and stakeholder trust when it was being questioned. Education\, outreach and changes to the peer review program have helped to increase audit quality over the last 8 years. In early 2021 the Auditing Standards Board issued an exposure draft that would make significant changes to the requirements that firms implement a system of quality control. The new standard will require a risk-based approach to quality management and enhance the guidance on the role of the engagement quality reviewer and the audit partner. This module will discuss these topics including the proposed changes to the quality standards which are expected to be effective in 2024. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 5.) \nDesigned For\nAccountants who have an intermediate level of audit experience \nObjectives\nIdentify key elements of the AICPA’s Enhancing Audit Quality initiatives; Recognize key trends noted in recent peer reviews Identify the components of the current System of Quality Control required for firms by the AICPA Recognize the proposed changes to the firm’s system of Quality Control \nMajor Subjects\nAICPA’s Engagement Quality Initiative When peer reviews are required and how they work Recent deficiencies noted by peer reviewers in audit\, review and compilation engagements System of Quality Control required by the Auditing Standards Board (ASB) Changes to the system of Quality Control proposed by the ASB \nInstructions\nNone URL:https://sc.cpa/event/ssaa132-25-surgents-quality-management-and-peer-review/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222012Z LAST-MODIFIED:20250401T031446Z UID:10004626-1751284800-1751284800@sc.cpa SUMMARY:(SSAA224/25) Surgent's Understanding the High-Stakes Mega Issues in A&A Today DESCRIPTION:Event Description\nWith so much of significance going on currently in the world of A&A today\, you need to be able to make sense of the key drivers of our profession. In this course\, we will review the key aspects of the events that are impacting practitioners and financial statement preparers alike.Specifically\, because technology is rapidly transforming our profession\, we’ll review current trends and risks related to technology. Next\, while many COVID-19 accounting considerations have passed\, the issue of going concern is likely to last for the next several accounting periods. We’ll review the disclosure and reporting issues related to this complex topic. With the private company implementation date for ASC 842 now here\, we’ll review the new lease accounting guidance. Then\, we’ll wrap up the course with a discussion of peer review findings and engagement quality initiatives. \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\nRecall key concepts related to data-driven decision-making and technology trends Identify key disclosure and reporting considerations related to going concern Apply the FASB’s new lease accounting guidance\, ASU No. 2016-02 Recall the AICPA engagement quality initiatives and peer review results \nMajor Subjects\nTechnology trends impacting the accounting profession Going concern accounting and reporting issues ASC Topic 842\, Leases\, implementation challenges\, and ongoing accounting Engagement quality update \nInstructions\nNone URL:https://sc.cpa/event/ssaa224-25-surgents-understanding-the-high-stakes-mega-issues-in-aa-today/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222113Z LAST-MODIFIED:20250401T045916Z UID:10004627-1751284800-1751284800@sc.cpa SUMMARY:(SSOT140/25) Surgent's Work-Life Balance: Maximizing Productivity and Understanding Related Tax Issues DESCRIPTION:Event Description\nWorking as a financial professional is an accomplishment that offers the potential for a good salary with long-term growth. Despite being a sought-after career\, studies show that being overworked is the greatest source of anxiety and dissatisfaction among financial professionals. Left unchecked\, a life centered exclusively around the demands of work can be both physically and emotionally detrimental.Establishing a work-life balance is difficult in any profession\, yet financial professionals confront unique challenges that make this goal seem even more elusive. Technology results in being “always on\,” with no true time to disconnect and genuinely enjoy family\, exercise\, or hobbies. Lack of balance comes with costs\, including poor health and lower productivity.Why are some professionals able to establish a successful balance between career demands and family while others are not? How are some firms able to achieve both high employee satisfaction and strong productivity? This webinar looks at research\, surveys\, and simple anecdotal information to provide a better understanding of how to achieve a realistic work-life balance in the modern world. We also discuss the tax consequences that arise when professionals seek balance by working from home in one state while their employer is located in a different state. \nDesigned For\nAnyone who seeks to understand ways to improve quality of life when balancing the demands of work and non-work-related obligations \nObjectives\nUnderstand the unique challenges professionals confront when trying to achieve work-life balance Learn which skills and organizational structures render the best results for those looking to improve work-life balance Understand the research available to help organizations improve work-life balance \nMajor Subjects\nDiscuss how productivity strategies may improve work-life balance Understand the state tax consequences that may arise when working from home Identify and discuss challenges unique to financial professionals Review how some organizations are providing support to improve work-life balance Explore the role of alternative work arrangements; Examine challenges unique to auditors versus tax professionals A comparison of work-life balance between public and industry accountants How work-family conflict varies among financial professionals Recommendations for improving work-life balance \nInstructions\nNone URL:https://sc.cpa/event/ssot140-25-surgents-work-life-balance-maximizing-productivity-and-understanding-related-tax-issues/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222119Z LAST-MODIFIED:20250401T030529Z UID:10004628-1751284800-1751284800@sc.cpa SUMMARY:(SSTX143/25) Surgent's A Complete Tax Guide to Exit Planning DESCRIPTION:Event Description\nWhen exit planning\, it is important to weigh various issues\, including tax implications\, to achieve an effective management and/or ownership change. Many envision tax-free reorganizations being the most preferable structure to avoid capital gains tax\, but the opportunities come at a cost to the seller. This course will provide a well-rounded discussion of the various strategies to consider when advising on exiting a business. \nDesigned For\nCPAs in industry and public accounting who want to gain an understanding of exit planning considerations for their clients \nObjectives\nUnderstand key issues regarding exit planning Discuss tax implications of exit planning strategies Compare exit planning between entity types (C corporations\, S corporations\, partnerships\, etc.) \nMajor Subjects\nGain exclusion and tax-free reorganization planning Gain exclusion with sales of C corporation stock & Section 1202 Deferral of gain with installment reporting Gain planning with partnerships Basis planning; basis step-up at death\, gifts of interests to family Restructuring the business entity; C vs. S corporation\, partnerships\, LLCs Real estate planning; retention vs sales\, like-kind exchanges Employee stock ownership plans; special tax incentives Employee benefit planning with ownership change Taxes other than the federal income tax; state tax\, estate\, gift and generation-skipping taxes\, and property taxes Prospects for tax law change \nInstructions\nNone URL:https://sc.cpa/event/sstx143-25-surgents-a-complete-tax-guide-to-exit-planning/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222122Z LAST-MODIFIED:20250401T045107Z UID:10004629-1751284800-1751284800@sc.cpa SUMMARY:(SSTX314/25) Surgent's Weekly Expert Hour (Original Air Date: 6/23/22) 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 processing of original tax returns filed in 2021; Tax Cuts and Jobs Act (TCJA) changes Proposed cryptocurrency bill The No Surprises Act Corporate Transparency Act; Inflation \nInstructions\nNone URL:https://sc.cpa/event/sstx314-25-surgents-weekly-expert-hour-original-air-date-6-23-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222132Z LAST-MODIFIED:20250401T042722Z UID:10004630-1751284800-1751284800@sc.cpa SUMMARY:(SSAA257/25) Surgent's Life After Adoption: Applying Topic 606 to Revenue Contracts on an Ongoing Basis DESCRIPTION:Event Description\nWhile the effective date of Topic 606 has passed for most entities\, there will always be a need for a comprehensive review of the accounting related to revenue recognition. Also\, if you are taking advantage of the FASB deferral of Topic 606’s effective date\, you are still completing your implementation plan. Whether you are looking to improve your revenue recognition processes\, benchmark your financial statement disclosures against your peer group\, or assess the impact of changes to your revenue recognition processes due to COVID-19\, this course will provide you with the information you need to apply Topic 606 in this current environment.This course will both provide the detailed review of the Topic 606 guidance\, including identifying and discussing those areas of Topic 606 implementation which were the most challenging for many entities. We will review the Topic 606 five-step revenue recognition model\, highlighting areas of nuance and significant judgment\, and focus on disclosure requirements under the new standard. Then we’ll focus on lessons learned from companies’ ongoing implementation of the new guidance\, focusing on ways to continue to enhance the recording of revenue\, the relevancy of the financial statement disclosures related to revenue\, and addressing common operational issues which arose with the adoption of Topic 606. Plus\, the course will point out the accounting impact of changes that many companies made to their revenue recognition approaches as a result of COVID-19.As public companies have already found out\, the application of Topic 606 is an evolving exercise\, with great opportunity to improve your original efforts by learning from the results of others. This course will provide the forum to do so. \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\nApply the FASB’s new revenue recognition guidance found in ASC Topic 606 Describe the FASB’s new five-step revenue recognition model Discuss the presentation and disclosure requirements in the new standard Utilize hands-on examples and illustrations to increase your overall understanding and application of the material Comprehend industry and issue specific guidance related to revenue recognition Identify operational implementation issues related to adopting the new standard Recall best practices and feedback to enhance the subsequent reporting of revenue \nMajor Subjects\nASC Topic 606\, Revenue from Contracts with Customers The FASB’s new five-step revenue recognition model\, including hands-on examples and illustrations of the new guidance Presentation and disclosure requirements and examples Industry-specific implementation issues and guidance Best practices\, lessons learned and opportunities to improve on the reporting of revenue under Topic 606 going forward Accounting considerations related to COVID-19-driven changes to revenue recognition processes \nInstructions\nNone URL:https://sc.cpa/event/ssaa257-25-surgents-life-after-adoption-applying-topic-606-to-revenue-contracts-on-an-ongoing-basis/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222134Z LAST-MODIFIED:20250401T051115Z UID:10004631-1751284800-1751284800@sc.cpa SUMMARY:(SSTX294/25) Surgent's Weekly Expert Hour (Original Air Date: 9/24/20) 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\nIRS Announcement 2020-12 2020 estate\, gift\, and GST tax Mechanics and benefits of the gift/sale to grantor trust Partnership reporting for carried interests \nInstructions\nNone URL:https://sc.cpa/event/sstx294-25-surgents-weekly-expert-hour-original-air-date-9-24-20/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222223Z LAST-MODIFIED:20250401T033027Z UID:10004632-1751284800-1751284800@sc.cpa SUMMARY:(SSTX200/25) Surgent's Partnership and LLC Core Tax Issues From Formation Through Liquidation DESCRIPTION:Event Description\nAs they gain more experience\, staff are expected to take on more complex assignments with minimal supervision. The course is designed to be a stepping stone for staff interested in pursuing more advanced partnership and LLC issues than mere preparation\, via deeper life-cycle study into critical areas of formation\, special allocations of income and deductions\, basis calculations and implications of recourse and nonrecourse debt\, basis step-up under 754 on transfer of an ownership interest\, distributions\, self-employment tax issues\, and termination/liquidation of the LLC. With the right blend of legal and tax ramifications of LLC-specific issues\, this course identifies all the major areas that are potential sources of increased complexity. \nDesigned For\nExperienced Accounting and Financial Professionals desiring a comprehensive case approach to understand reasonably complex limited liability company issues and problems; also\, Accounting and Financial Professionals who want a comprehensive\, intermediate-l \nObjectives\nPrepare more complicated partnership returns Understand certain advanced concepts of partnership taxation \nMajor Subjects\nReporting requirements for Schedules K-2 and K-3 Capital account reporting requirements Schedule K-1 reporting for Sect 743 adjustments Schedule K-1 reporting for Sect 704 gains and losses Comprehensive case on partnership/partner application of the business interest deduction When to use 704(b) basis for capital accounts versus tax basis Detailed rules of Sect 704 for preventing the shifting of tax consequences among partners or members Unreasonable uses of the traditional & curative allocation methods Multiple layers of Sect 704(c) allocations Treatment of recourse versus nonrecourse debt basis How to calculate basis limitations and its implication on each partner’s own tax return How Sect 179 limitations affect partnership/LLC basis Regulations for handling basis step-ups under Sect 754 elections\, and mandatory adjustments under Sect 743 and Sect 734 for partnerships who have NOT made the Sect 754 election Subsequent contributions of property with Sect 754 adjusted basis to another partnership or corporation Capital account adjustments in connection with admission of new member Special allocations require “substantial economic effect”; what are the requirements? LLCs and self-employment tax to the members Distributions — current or liquidating\, cash or property including the substituted basis rule Termination/liquidation of an LLC \nInstructions\nNone URL:https://sc.cpa/event/sstx200-25-surgents-partnership-and-llc-core-tax-issues-from-formation-through-liquidation/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222226Z LAST-MODIFIED:20250401T051205Z UID:10004633-1751284800-1751284800@sc.cpa SUMMARY:(SSAA167/25) Surgent's Controllership Skills Update - Budgeting\, Forecasting\, and Big Data DESCRIPTION:Event Description\nBudgets are the vehicle for allocating resources\, measuring activities\, and identifying needed changes and improvements. An organization’s strategy is the primary driver of costs. To be effective\, the budget must be linked to strategy and long-term plans. Numerous organizations have achieved a series of short-term targets (budgets) but failed longer term\, demonstrating the lack of this necessary linkage. Forecasting\, a critical part of any successful budgeting process\, can be flawed by technical errors\, organizational structure\, or emotional forces. The establishment of a system to collect\, process\, and analyze big data can provide significant insights into the budgeting and forecasting process. An efficient system of incorporating big data and analytics into normal activities will improve management’s decision-making. This brief program offers specific actions to improve your forecasting and budgeting activities. In addition\, more advanced techniques are identified for the participant’s further review\, which can be applied throughout an organization. Good budgets effectively allocate resources\, provide information for decision-making and serve as an early warning system for unforeseen events. A poor budgeting process fosters a false sense of security\, provides inappropriate or inaccurate data\, and reinforces the status quo. Budgets are about the organization’s story\, not just the raw numbers! \nDesigned For\nPublic\, private and non-profit organizations and their members – CFOs\, CEOs\, controllers\, auditors\, and managers \nObjectives\nUnderstand all facets of the budgeting process Provide techniques to improve forecasting Demonstrate how a budget can be a vital tool for overall long-term improvement Identify immediate actions that can result in measurable benefits to an organization Understand management\, uses\, and potential benefits of big data Employ techniques for further research \nMajor Subjects\nWhy forecasts and budgets are frequently wrong: behavioral finance; improper goal setting\, games\, continuing the status quo\, traditional budgeting techniques Incorporating strategy into budgets: improving measurement systems; common errors\, developing strategies and appropriate measurements Expanding the budgeting framework: rolling forecasts; mission-based budgeting\, zero-based budgeting\, post-completion evaluations\, contingency planning\, black swan events\, identifying improvements Big data: definition\, challenges\, goals\, current uses/examples\, sources of information Analytical tools: ration analysis\, benchmarking\, Pareto analysis\, trend analysis\, regression\, simulation\, dashboards \nInstructions\nNone URL:https://sc.cpa/event/ssaa167-25-surgents-controllership-skills-update-budgeting-forecasting-and-big-data/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222307Z LAST-MODIFIED:20250401T042809Z UID:10004634-1751284800-1751284800@sc.cpa SUMMARY:(SSAA205/25) Surgent's Proven Controls to Steer You Clear of Fraud DESCRIPTION:Event Description\nEvery organization in the world will fall victim to fraud. This course will cover the means and methods available to reduce the prevalence of fraud. We will also discuss the controls that victim organizations employ in order to seek improvements for our own organizations. \nDesigned For\nCPAs in public practice and industry who wish to educate clients or colleagues on preventing fraud from occurring at the source – would-be fraudsters – and who wish to improve anti-fraud controls \nObjectives\nRecognize the prevalence of fraud Grasp the importance of an internal control environment Recognize potential signs of fraudulent behavior See that there are many layers involved in fraud defense Anticipate a new environment ripe for fraudulent claims and reports \nMajor Subjects\nThe price of fraud & ACFE’s Report to the Nations Deviant workplace behavior Combating fraud with controls Controls used by fraud victim organizations and suggestions for better implementation Fraud’s new frontier Corporate social\, environmental\, governance\, and equity/inclusion reports and audits \nInstructions\nNone URL:https://sc.cpa/event/ssaa205-25-surgents-proven-controls-to-steer-you-clear-of-fraud/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222309Z LAST-MODIFIED:20250401T042606Z UID:10004635-1751284800-1751284800@sc.cpa SUMMARY:(SSAA256/25) Surgent's Life After Adoption: Applying Topic 606 to Revenue Contracts on an Ongoing Basis DESCRIPTION:Event Description\nWhile the effective date of Topic 606 has passed for most entities\, there will always be a need for a comprehensive review of the accounting related to revenue recognition. Also\, if you are taking advantage of the FASB deferral of Topic 606’s effective date\, you are still completing your implementation plan. Whether you are looking to improve your revenue recognition processes\, benchmark your financial statement disclosures against your peer group\, or assess the impact of changes to your revenue recognition processes due to COVID-19\, this course will provide you with the information you need to apply Topic 606 in this current environment.This course will both provide the detailed review of the Topic 606 guidance\, including identifying and discussing those areas of Topic 606 implementation which were the most challenging for many entities. We will review the Topic 606 five-step revenue recognition model\, highlighting areas of nuance and significant judgment\, and focus on disclosure requirements under the new standard. Then we’ll focus on lessons learned from companies’ ongoing implementation of the new guidance\, focusing on ways to continue to enhance the recording of revenue\, the relevancy of the financial statement disclosures related to revenue\, and addressing common operational issues which arose with the adoption of Topic 606. Plus\, the course will point out the accounting impact of changes that many companies made to their revenue recognition approaches as a result of COVID-19.As public companies have already found out\, the application of Topic 606 is an evolving exercise\, with great opportunity to improve your original efforts by learning from the results of others. This course will provide the forum to do so. \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\nApply the FASB’s new revenue recognition guidance found in ASC Topic 606 Describe the FASB’s new five-step revenue recognition model Discuss the presentation and disclosure requirements in the new standard Utilize hands-on examples and illustrations to increase your overall understanding and application of the material Comprehend industry and issue specific guidance related to revenue recognition Identify operational implementation issues related to adopting the new standard Recall best practices and feedback to enhance the subsequent reporting of revenue \nMajor Subjects\nASC Topic 606\, Revenue from Contracts with Customers The FASB’s new five-step revenue recognition model\, including hands-on examples and illustrations of the new guidance Presentation and disclosure requirements and examples Industry-specific implementation issues and guidance Best practices\, lessons learned and opportunities to improve on the reporting of revenue under Topic 606 going forward Accounting considerations related to COVID-19-driven changes to revenue recognition processes \nInstructions\nNone URL:https://sc.cpa/event/ssaa256-25-surgents-life-after-adoption-applying-topic-606-to-revenue-contracts-on-an-ongoing-basis/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222415Z LAST-MODIFIED:20250401T030324Z UID:10004636-1751284800-1751284800@sc.cpa SUMMARY:(SSTX267/25) Surgent's Weekly Expert Hour (Original Air Date: 7/22/21) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nPre-COVID trends in Social Security claiming Roth IRAs and businesses Tax Pro Account Update on the Child Credit (as of 7/22/21) \nInstructions\nNone URL:https://sc.cpa/event/sstx267-25-surgents-weekly-expert-hour-original-air-date-7-22-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222417Z LAST-MODIFIED:20250401T024331Z UID:10004637-1751284800-1751284800@sc.cpa SUMMARY:(SSMG130/25) Surgent's Risk Management for the Small Business DESCRIPTION:Event Description\nIn many smaller organizations the job of risk manager is housed with the CEO\, and many of the staff who better understand the details of the various risks are not included in risk-management discussions. This program will take a hard look at risk management and show how to develop a program that is specifically designed to work well in a small business. Based on proven management techniques\, the risk-management system will better focus on good risk management and especially strong mitigation. \nDesigned For\nCFOs\, controllers\, and finance professionals \nObjectives\nLearn how to structure a risk-management system that will be accepted by the organization Know how to take the politics out of risk management See how risk management can improve the management of the organization Discover how to better mitigate risks without insurance Know how to set insurance limits and deductibles \nMajor Subjects\nWas COVID-19 a black swan or a gray rhino? Monitor centrally but control decentrally Establish specific plan for risk management Risk recognition Risk evaluation Risk mitigation \nInstructions\nNone URL:https://sc.cpa/event/ssmg130-25-surgents-risk-management-for-the-small-business/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222510Z LAST-MODIFIED:20250401T052141Z UID:10004638-1751284800-1751284800@sc.cpa SUMMARY:(SSOT103/25) Surgent's Critical Conversations: Having the "Hard to Have" Discussions DESCRIPTION:Event Description\nSilence isn’t always golden. Problems don’t solve themselves and as the engagement leader\, it is your responsibility to proactively address and resolve issues\, even if it means having challenging conversations.As uncomfortable as some of these conversations may be\, keeping your silence won’t resolve the issue and may in fact add to it. No matter which side of the table you find yourself in a “hard to have” talk\, you can learn to manage the conversation.In this session\, you’ll learn how to recognize when a conversation becomes critical\, how to plan effectively for the conversation and which communications strategies can help you create a win/win outcome. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 5.) \nObjectives\nRecognize when a conversation becomes critical Identify how to plan effectively for the difficult conversation Identify steps to follow during the critical conversation Demonstrate communication skills which master those difficult conversations and result in win/win outcomes Prepare for having your critical conversation; build a script during the session using the 6-Step Model \nMajor Subjects\nIdentifying when issues need immediate resolution Approaches for preparing for and having difficult conversations Effective communication skills for challenging conversations \n\nInstructions\nNone URL:https://sc.cpa/event/ssot103-25-surgents-critical-conversations-having-the-hard-to-have-discussions/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222511Z LAST-MODIFIED:20250401T024656Z UID:10004639-1751284800-1751284800@sc.cpa SUMMARY:(SSTX308/25) Surgent's Weekly Expert Hour (Original Air Date: 5/12/22) 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 Letter 6419 Excess business losses refresher Schedules K-2 and K-3 \nInstructions\nNone URL:https://sc.cpa/event/sstx308-25-surgents-weekly-expert-hour-original-air-date-5-12-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222512Z LAST-MODIFIED:20250401T023859Z UID:10004640-1751284800-1751284800@sc.cpa SUMMARY:(SSAA261/25) Surgent's Principles of Financial Statement Presentation DESCRIPTION:Event Description\nThis course provides an overview of the key presentation requirements with respect to an entity’s financial statements. This includes a discussion of key principles related to an entity’s overall presentation as well as specific topics with respect to its balance sheet\, income statement\, comprehensive income\, statement of cash flows\, as well as notes to the financial statements. The course also addresses the considerations around changes in accounting principles. The information related to this course is primarily sourced from the Financial Standards Accounting Board’s (FASB) Accounting Standards Codification (ASC). \nDesigned For\nAccounting professionals \nObjectives\nRecognize overall financial statement presentation requirements Identify requirements for discontinued operations and liquidation basis of accounting reporting Determine when certain balance sheet accounts can be offset Identify presentation requirements for the income statement and comprehensive income List the different methods used for statement of cash flow presentation Differentiate between operating\, financing\, and investing activities in the statement of cash flows Identify disclosure requirements with respect to an entity’s accounting policies Recognize the requirements regarding changes in accounting principles \nMajor Subjects\nThe key presentation requirements with respect to an entity’s financial statements ASC topics related to presentation requirements\, with a focus on ASC Topic 205\, ASC Topic 210\, ASC Topic 220\, ASC Topic 225\, ASC Topic 230\, ASC Topic 235\, and ASC Topic 250 Considerations around changes in accounting principles \nInstructions\nNone URL:https://sc.cpa/event/ssaa261-25-surgents-principles-of-financial-statement-presentation/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222608Z LAST-MODIFIED:20250401T050916Z UID:10004641-1751284800-1751284800@sc.cpa SUMMARY:(SSTX166/25) Surgent's Individual Tax Planning Ideas DESCRIPTION:Event Description\nWith the far-reaching changes brought about by recent tax reform\, careful planning takes on new importance. This course presents the most important income tax planning ideas wealthy clients and closely held business owners need to consider this year to take advantage of the present and plan for the future. It highlights areas in the income tax return that suggest future opportunities for the individual client. Continuously updated for the latest legislation and IRS guidance. \nDesigned For\nAll practitioners involved in tax planning for individuals who need to go beyond basic tax and financial planning techniques \nObjectives\nIdentify areas where individual taxpayers are not taking full advantage of the Code Know the directions in which taxes are changing or are likely to change and how that affects planning \nMajor Subjects\nComprehensive coverage of the Inflation Reduction Act of 2022 and SECURE Act 2.0 Timely coverage of breaking tax legislation Retirement planning in light of IRA and RMD changes Review of pertinent changes from recent legislation Reading a tax return for developing client-specific tax strategies Identifying tax opportunities: reviewing the prior-year return to develop a plan for the future Compensation and fringe benefit issues Identify clients with net investment income tax problems and the potential ways to reduce or eliminate them All in the family: Tax tactics for spouses\, children\, and parents Understanding the environment: what’s new\, what’s expired or expiring\, and what’s likely to change \nInstructions\nNone URL:https://sc.cpa/event/sstx166-25-surgents-individual-tax-planning-ideas/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222619Z LAST-MODIFIED:20250401T024055Z UID:10004643-1751284800-1751284800@sc.cpa SUMMARY:(SSTX277/25) Surgent's Weekly Expert Hour (Original Air Date: 5/13/21) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nThe American Families Plan Paycheck Protection Program Estate of Michael Jackson v. Commissioner Outlook for the economy and markets (as of 5/13/21) Secure Act 2.0 pending legislation (as of 5/13/21) \nInstructions\nNone URL:https://sc.cpa/event/sstx277-25-surgents-weekly-expert-hour-original-air-date-5-13-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T222710Z LAST-MODIFIED:20250401T035820Z UID:10004644-1751284800-1751284800@sc.cpa SUMMARY:(SSTX170/25) Surgent's Liquidation of Flow-Through Entities for LLCs and Partnerships DESCRIPTION:Event Description\nPart of the technical competence of most experienced tax practitioners is the ability to advise owners of S corporations and partnerships or multiple-member LLCs treated as partnerships regarding the tax rules that apply when these entities liquidate. Entity liquidations do not occur every day; but they do occur\, and often at very critical times in the business life of the entity and its owners. All tax practitioners should be able to advise their clients about the tax issues associated with client businesses that go out of existence and liquidate. This program explains the tax consequences associated with liquidating S corporations\, partnerships\, and multiple-member limited liability companies treated as partnerships. \nDesigned For\nAny tax practitioner who wishes to understand the rules regarding S corporation and partnership liquidations \nObjectives\nDetermine the gain or loss to the entity and to the owners when it makes a liquidating distribution Determine the basis of property distributed in a liquidating distribution to an owner of the entity Know what to do in terms of IRS reporting when an entity liquidates \nMajor Subjects\nTax rules governing liquidation of a partnership or S corporation Tax treatment of the shareholder/partner/member receiving a liquidating distribution in an S corporation liquidation/partnership liquidation Tax impact on the pass-through entity when the entity is liquidated Receipt of corporate liabilities in an S corporation distribution Proportionate\, liquidating partnership distributions to partners\, and gains and losses to a partner on a liquidating partnership distribution Tax issues associated with a partnership distribution of noncash properties in a liquidation Compliance requirements on the occasion of a liquidation of a corporation or a partnership \nInstructions\nNone URL:https://sc.cpa/event/sstx170-25-surgents-liquidation-of-flow-through-entities-for-llcs-and-partnerships/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T223011Z LAST-MODIFIED:20250401T022424Z UID:10004645-1751284800-1751284800@sc.cpa SUMMARY:(SSTE100/25) Surgent's Artificial Intelligence for Accounting and Finance Professionals DESCRIPTION:Event Description\nAccounting and finance professionals have used different forms of automation over the years to improve the efficiency and accuracy of their work. So far\, technology has not been able to replace the knowledge\, experience\, and decision-making of seasoned professionals. Times are rapidly changing. Today\, systems easily exceed humans in accuracy and consistency. Artificial intelligence (AI) brings opportunities for accountants and finance professionals in the short term to improve efficiency and accuracy\, while providing more value for businesses and customers alike. In the long term\, AI will offer profound changes to how professionals work and process data. This course is designed to review where we are and where we are headed in the world of AI. \nDesigned For\nAccounting and finance professionals seeking to understand the role of artificial intelligence today and in the future \nObjectives\nBe familiar with the fundamentals of artificial intelligence Recognize the different types of artificial intelligence in use today Understand how artificial intelligence will change the accounting and finance professions Be able to explain data security and privacy best practices \nMajor Subjects\nWhat is artificial intelligence? What are the different forms of artificial intelligence? The difference between artificial intelligence and machine learning The types of problems artificial intelligence can solve The role of algorithms How artificial intelligence will affect accounting and finance careers Data governance\, security\, and privacy How accounting firms are using AI today The role of artificial intelligence in asset management \nInstructions\nNone URL:https://sc.cpa/event/sste100-25-surgents-artificial-intelligence-for-accounting-and-finance-professionals/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T223014Z LAST-MODIFIED:20250401T022437Z UID:10004646-1751284800-1751284800@sc.cpa SUMMARY:(SSTX249/25) Surgent's Weekly Expert Hour (Original Air Date: 9/30/21) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nCoronavirus-related distributions Qualified disaster-related distributions from qualified plans TIGTA Report 2021 Retirement planning \nInstructions\nNone URL:https://sc.cpa/event/sstx249-25-surgents-weekly-expert-hour-original-air-date-9-30-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T223106Z LAST-MODIFIED:20250401T022456Z UID:10004647-1751284800-1751284800@sc.cpa SUMMARY:(SSTX272/25) Surgent's Weekly Expert Hour (Original Air Date: 6/17/21) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nIRS Publication 590-B; 10-Year Rule What the IRS does when it receives a tax return Update on Form 7200 (as of 6/17/21) Discussion of the updated draft of Form 941 (as of 6/17/21) Notice 2020-75 \nInstructions\nNone URL:https://sc.cpa/event/sstx272-25-surgents-weekly-expert-hour-original-air-date-6-17-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T223320Z LAST-MODIFIED:20250401T025929Z UID:10004648-1751284800-1751284800@sc.cpa SUMMARY:(SSTX295/25) Surgent's Weekly Expert Hour (Original Air Date: 09/17/20) 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\nIRS Notice 2020-66 IRS Notice 2020-71 BBA centralized partnership audit regime Where to live in retirement Reasons 2020 is the year for Roth conversions \nInstructions\nNone URL:https://sc.cpa/event/sstx295-25-surgents-weekly-expert-hour-original-air-date-09-17-20/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T223407Z LAST-MODIFIED:20250401T020214Z UID:10004649-1751284800-1751284800@sc.cpa SUMMARY:(SSTX106/25) Surgent's Advanced Critical Tax Issues for Limited Liability Companies and Partnerships DESCRIPTION:Event Description\nThe purpose of this course is to provide an in-depth discussion of selected advanced-level issues affecting LLCs and LLPs. \nDesigned For\nAccounting and Financial Professionals with clients using the LLC or LLP structure who need to understand advanced issues\, problems\, and planning strategies \nObjectives\nIdentify the tax and non-tax advantages and disadvantages of LLCs and partnerships Describe how inside and outside basis is affected by liabilities\, recourse and nonrecourse Discuss the impact of cash and property distributions Explain the tax consequences of a sale of an interest and distinguish such consequences from the tax consequences when a partnership or LLC is acquired or merges into another LLC or partnership Complete a case study to improve advocacy skills before the IRS \nMajor Subjects\nCoverage of the Inflation Reduction Act of 2022 Single-member limited liability companies as an alternative to subsidiaries Cancellation of indebtedness: rules and regulations How the IRS views members or partners for Social Security purposes Special problems when forming an LLC Debt issues and problems in structuring LLCs and LLPs\, including loan guarantee issues\, recourse and nonrecourse debt\, the at-risk basis rules\, and new regulations restricting bottom dollar guarantees Distributions: is it just a disguised sale? New regulations eliminate certain tax-deferred leveraged partnership transactions Death or retirement of a member or partner — Understanding the alternatives Step-up in basis issues — How to make the computations and elections Property transactions between the LLC/LLP and its members or partners — Inbound and outbound transactions: what to do with built-in gain or loss property Partnership losses: when are they deductible?; See\, in particular\, TCJA and CARES override Material participation rules for LLC members and limited partners: how they affect passive loss issues Continuation and termination of an LLC/partnership in the context of a merger or acquisition Sales of an LLC Interest — holding period\, and hot asset issues Impact of the tax on investment income on the sale of an interest in a partnership or LLC Repeal of technical termination of partnership provision \nInstructions\nNone URL:https://sc.cpa/event/sstx106-25-surgents-advanced-critical-tax-issues-for-limited-liability-companies-and-partnerships/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T223411Z LAST-MODIFIED:20250401T042112Z UID:10004650-1751284800-1751284800@sc.cpa SUMMARY:(SSTE112/25) Surgent's Data Analytics Readiness Series: Artificial Intelligence- Basic Concepts in Excel DESCRIPTION:Event Description\nThis one-hour course will serve as an introduction to artificial intelligence and how artificial intelligence is utilized in Excel. Users will be introduced to correlation and trend functions in Excel. The basics of linear regression and its application in Excel will be discussed. Specific attention will be given to artificial intelligence functions in Excel\, including\, but not limited to\, forecasting\, trend analysis\, regression analysis\, and predictive modeling.This course is one in a ten-part certification series\, Core Data Analytics: Excel and Power BI Skills for Accounting and Finance Professionals\, by Surgent IQ. \nDesigned For\nAccountants who want to transition to data analysis and have a basic knowledge of Excel and Excel formulas \nObjectives\nUnderstand the applicable Excel skills that will be required in making the transition to data analyst; Understand what artificial intelligence is and how it relates to data analytics Understand and apply artificial intelligence analysis using Excel Understand the basics of performing linear regression and apply that understanding to data Accurately model data and create a prediction model Apply trend analysis and forecasting functions to data in Excel \nMajor Subjects\nUnderstanding difference between supervised and unsupervised learning Formulas in Excel (Correl and Trend and Forecast) Linear regression What is artificial intelligence? Examples- artificial intelligence Forecast function Trend function Regression in Excel with the data analysis ToolPak Creating a prediction model \nInstructions\nInstall Power Pivot and Data Analysis ToolPak URL:https://sc.cpa/event/sste112-25-surgents-data-analytics-readiness-series-artificial-intelligence-basic-concepts-in-excel/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T145945 CREATED:20250331T223412Z LAST-MODIFIED:20250401T042115Z UID:10004651-1751284800-1751284800@sc.cpa SUMMARY:(SSAA279/25) Surgent's SEC Form 8-K: When to File and What to Disclose DESCRIPTION:Event Description\nThis course provides an overview of the SEC Form 8-K. This is a broad form used to notify investors in U.S. publicly traded companies of certain events that may be important – generally within four business days of the respective triggering event. This course provides a detailed look at the events that require a Form 8-K filing\, the relevant disclosures\, and presents a number of examples to help illustrate disclosure of these events. \nDesigned For\nFinancial practitioners who want an overview of the SEC Form 8-K \nObjectives\nRecognize the overall purpose of the Form 8-K Identify the time period in which a Form 8-K must be filed with the SEC Recognize the events that require the filing of a Form 8-K Identify overall disclosure requirements for triggering events requiring a Form 8-K \nMajor Subjects\nThe overall purpose of the Form 8-K Triggering events for filing the Form 8-K Filing deadline for the Form 8-K \nInstructions\nNone URL:https://sc.cpa/event/ssaa279-25-surgents-sec-form-8-k-when-to-file-and-what-to-disclose/ CATEGORIES:Self-Study Text END:VEVENT END:VCALENDAR