BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.17.2//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:South Carolina Association of CPAs X-ORIGINAL-URL:https://sc.cpa X-WR-CALDESC:Events for South Carolina Association of CPAs REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/Detroit BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20260308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20261101T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20270314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20271107T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20280312T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20281105T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044018Z CREATED:20260807T044018Z LAST-MODIFIED:20260807T044018Z UID:10007297-1814356800-1814356800@sc.cpa SUMMARY:(SSTX348/27) Surgent’s Weekly Expert Hour (Original Air Date: 8/15/24) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nCreative retirement plan designs to obtain the section 199A deductions Top 8 for qualified charitable distributions (QCD) Discussion of educational assistance programs offered by employers The employer-provided childcare tax credit; \nInstructions\nNone URL:https://sc.cpa/event/sstx348-27-surgents-weekly-expert-hour-original-air-date-8-15-24/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044115Z CREATED:20260807T044114Z LAST-MODIFIED:20260807T044115Z UID:10007299-1814356800-1814356800@sc.cpa SUMMARY:(SSAA78/27) Surgent's Fraud Environment DESCRIPTION:Event Description\nFraud is all around us\, though many times we miss it. As accountants\, we have a professional responsibility to detect material fraud. However\, our ability to detect fraud is directly related to our understanding of how fraud occurs\, how prevalent it is and what types of procedures allow both accountants and companies to detect fraud before it becomes material.In addition to providing a quick update on recently issued accounting and auditing standards\, this course will review the latest fraud statistics compiled by the Association of Certified Fraud Examiners (ACFE)\, and see how COVID-19 has impacted the fraud landscape. Then the course will review our professional responsibilities to both detect fraud and to report actual or suspected fraud\, plus identify which procedures are most effective at identifying and preventing fraud. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\n\nRecall common statistics concerning the prevalence of fraud\n Identify best practices in detecting fraud\n Discuss professional responsibilities of accountants related to fraud\n\nMajor Subjects\nStatistics compiled by the ACFE related to fraud Professional responsibilities to identity\, respond to and report fraudulent activity The current fraud landscape\, including who commits fraud\, how and why they commit it and how they are detected \nInstructions\nNone URL:https://sc.cpa/event/ssaa78-27-surgents-fraud-environment/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044118Z CREATED:20260807T044117Z LAST-MODIFIED:20260807T044118Z UID:10007301-1814356800-1814356800@sc.cpa SUMMARY:(SSBM118/27) Surgent's Max the Tax: Client Retention DESCRIPTION:Event Description\nThis course is designed to equip practitioners with the essential strategies and tools needed to build and maintain long-term client relationships. Participants will learn about effective client retention plans and enhancing client satisfaction through personalized service. This engaging course will teach the importance of fostering client loyalty\, reducing churn\, and driving sustainable business growth. \nDesigned For\nCPAs in industry and public accounting who want to understand the importance of fostering client relationships \nObjectives\n\nUnderstand the importance of client retention\n Implement effective client retention strategies\n\nMajor Subjects\nImportance of client retention Understanding client needs and expectations through client satisfaction surveys and analyzing client feedback Developing effective client retention strategies Fostering client loyalty Handling client complaints and issues through effective complaint resolution \nInstructions\nNone URL:https://sc.cpa/event/ssbm118-27-surgents-max-the-tax-client-retention/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044214Z CREATED:20260807T044214Z LAST-MODIFIED:20260807T044214Z UID:10007302-1814356800-1814356800@sc.cpa SUMMARY:(SSTE133/27) Surgent's Power Query Series: Data Modeling and Next Steps DESCRIPTION:Event Description\nThis final course in the series covers advanced features in Power Query (Excel version)\, including functions and parameters and basics of data modeling in Power BI and Power Pivot. Multiple hands-on examples help to reinforce these concepts.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 last in a twelve-part series\, Power Query: Beginning Data Analytics for the Excel User. The series is designed so the Excel user can learn the functionality of Power Query and the many benefits of this powerful tool. Each 1-hour webcast has hands-on examples to enable the Excel user to experience the active learning of Power Query. \nDesigned For\nExcel users who want to develop data analytics skills \nObjectives\n\nBe familiar with functions and parameters in Power Query\n Understand the basics of data modeling in Power BI and Power Pivot\n\nMajor Subjects\nFunctions and parameters Demonstration of invoking a function Basics of data modeling Power Query is everywhere Power BI preview features Hands-on examples: creating a data model from a flat file; transferring an Excel data model to Power BI desktop; preview feature: using text by examples in Power BI desktop \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sste133-27-surgents-power-query-series-data-modeling-and-next-steps/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044214Z CREATED:20260807T044214Z LAST-MODIFIED:20260807T044214Z UID:10007303-1814356800-1814356800@sc.cpa SUMMARY:(SSTX272/27) Surgent's Tax Forms Boot Camp: LLCs\, Partnerships\, and S Corporations DESCRIPTION:Event Description\nThe course provides a comprehensive\, hands-on\, pencil-pushing understanding of the preparation of both S corporation and partnership/LLC tax returns\, along with the underlying laws\, regulations\, etc. The course uses the basic concepts underlying the two main types of business returns\, 1120-S and 1065\, as building blocks for more complex concepts tax preparers should be aware of. The theoretical concepts are illustrated in comprehensive examples that incorporate the most up-to-date law changes and provisions. \nDesigned For\nAll levels of staff and company controllers responsible for filing these forms \nObjectives\n\nLearn in detail about the preparation of Form 1120-S\, Schedules M-1\, K\, and K-1\n Learn in detail about the preparation of Form 1065\, Schedules M-1\, K\, and K-1\n Identify and handle commonly found S corporation and partnership tax issues\n\nMajor Subjects\nUpdates related to HR 1\, One Big Beautiful Bill Act – incorporated throughout the material The tax consequences\, opportunities\, and pitfalls of operating a business as a partnership\, LLC\, or S corporation Reporting requirements and filing exceptions for Schedules K-2 and K-3 Form 7203\, S Corporation Shareholder Stock and Debt Basis Limitations Income tax laws for S corporations ranging from eligibility and election to tax return preparation\, stock basis\, and loss limitation issues Recognizing and handling special pass-through items of income and expense Preparing S corporation returns and reconciling book income to taxable income Preparing partnership returns and reconciling book income to taxable income What the transactional method entails and how to report partners’ capital accounts under this method Properly handling the tax treatment of distributions to shareholders\, partners\, or members The special restrictions and sanctions for tax year-end selection The basics of partnership and LLC formation and basis calculation Self-employment tax or NOT\, for each entity Filling in K-1s correctly for S corporations\, partnerships\, and LLCs. Major changes in K-1 reporting on both partnership and S corporation forms and content The most frequently used forms and schedules\, including some form oddities \nInstructions\nNone URL:https://sc.cpa/event/sstx272-27-surgents-tax-forms-boot-camp-llcs-partnerships-and-s-corporations/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044215Z CREATED:20260807T044215Z LAST-MODIFIED:20260807T044215Z UID:10007304-1814356800-1814356800@sc.cpa SUMMARY:(SSAA110/27) Surgent's Fraud Risk Assessment Basics DESCRIPTION:Event Description\nThe financial statement auditor’s overall objectives are to obtain reasonable assurance as to whether the financial statements are materially misstated due to fraud or error and to issue a report that includes an opinion. As noted in the independent auditor’s report\, the risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error\, as fraud may involve collusion\, forgery\, intentional omissions\, misrepresentations\, or the override of internal control. This module will highlight the audit procedures required by professional standards to assess the risk of fraud and perform further procedures in response to fraud risk. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 2.) \nDesigned For\nAccountants who have responsibility for identifying\, assessing\, and responding to fraud risk on a financial statement audit \nObjectives\n\nExplain the various types of fraud relevant to a financial statement audit\n Discuss the requirements related to fraud in generally accepted auditing standards\n Describe fraud indicators\n Perform appropriate responses to identified fraud risk\n\nMajor Subjects\nExplain the expectation gap with financial statement users regarding the auditor’s responsibilities for preventing and detecting fraud Fraud inquiries and engagement team discussion points Identifying and responding to fraud risk on an audit Testing journal entries and other tests for management override Fraud communications \nInstructions\nNone URL:https://sc.cpa/event/ssaa110-27-surgents-fraud-risk-assessment-basics/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044416Z CREATED:20260807T044416Z LAST-MODIFIED:20260807T044416Z UID:10007305-1814356800-1814356800@sc.cpa SUMMARY:(SSOT110/27) 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\n\nRecognize how you use your time most effectively; \n Understand your priorities when budgeting time; \n Manage external events that consume time; \n Be familiar with strategies for resolving time management problems; \n\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/ssot110-27-surgents-business-development-time-management/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044927Z CREATED:20260807T044927Z LAST-MODIFIED:20260807T044927Z UID:10007309-1814356800-1814356800@sc.cpa SUMMARY:(SSTX310/27) Surgent's Weekly Expert Hour (Original Air Date: 6/24/21) 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. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nWhat to do if you haven’t received your refund What the IRS does when it receives a tax return Tax planning and items that reduce AGI What you need to know about Medicare \nInstructions\nNone URL:https://sc.cpa/event/sstx310-27-surgents-weekly-expert-hour-original-air-date-6-24-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044928Z CREATED:20260807T044928Z LAST-MODIFIED:20260807T044928Z UID:10007310-1814356800-1814356800@sc.cpa SUMMARY:(SSAA269/27) Surgent's SEC Hot Topics - MD&A and Non-GAAP Financial Measures DESCRIPTION:Event Description\nThis course provides an overview of two of the most popular SEC topics which result in comment letters from the SEC. This includes a discussion of management’s discussion and analysis (MD&A) as well as Non-GAAP Financial Measures. These two areas consistently rank in the Top 10 for the most frequent comment letters issued to public companies by the SEC. \nDesigned For\nFinancial practitioners who want an overview of the focus areas related to MD&A and Non-GAAP Financial Measures \nObjectives\n\nIdentify the SEC Regulation applicable to MD&A\n Recognize the primary objective and focus areas related to MD&A\n Identify key information that should be included within a company’s MD&A\n Recognize the types of transactions that should be discussed in MD&A\n Identify methods to enhance the presentation of MD&A\n\nMajor Subjects\nThe overall importance of the rules and regulations with respect to the Management’s Discussion and Analysis (MD&A) section of an entity’s consolidated financial statements filed with the U.S. Securities and Exchange Commission (SEC) An overview of Non-GAAP Financial Measures \nInstructions\nNone URL:https://sc.cpa/event/ssaa269-27-surgents-sec-hot-topics-mda-and-non-gaap-financial-measures/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044928Z CREATED:20260807T044928Z LAST-MODIFIED:20260807T044928Z UID:10007311-1814356800-1814356800@sc.cpa SUMMARY:(SSAA148/27) Surgent's Audits of 401(k) Plans: New Developments and Critical Issues DESCRIPTION:Event Description\nOne of the most favored employee benefit plans\, the 401(k) plan\, provides unique challenges for auditors.Through this course\, auditors will obtain an understanding of the rules and regulations unique to employee benefit plans and obtain practical guidance on applying them. Auditors will enhance their knowledge of the performance and reporting requirements through real-world examples\, best practices\, and efficient audit techniques that can be utilized in various audit engagements. Make sure your audits don’t trigger a DOL inspection by conforming to all applicable rules and regulations. \nDesigned For\nPractitioners responsible for planning and performing employee benefit plan audit engagements \nObjectives\n\nIdentify the key provisions of recently issued SASs\n Properly document understanding of the plan\, the environment\, and internal controls for an employee benefit plan\n Understand the importance of reading\, reviewing\, and documenting the controls in a service organization control report\n Identify potential audit triggers that may result in Department of Labor inspections\n Understand the risks associated with a benefit plan audit engagement\n Avoid common mistakes noted during peer reviews\n\nMajor Subjects\nProper planning of benefit plan audit engagements and developing audit strategy while improving overall efficiency Common pitfalls in planning and detailed audit procedures Changes affecting 401(k) plans\, including recently issued SASs Common mistakes as noted in peer reviews and DOL inspections \nInstructions\nNone URL:https://sc.cpa/event/ssaa148-27-surgents-audits-of-401k-plans-new-developments-and-critical-issues/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044929Z CREATED:20260807T044929Z LAST-MODIFIED:20260807T044929Z UID:10007312-1814356800-1814356800@sc.cpa SUMMARY:(SSTX116/27) Surgent's Technical Individual Practice Issues and Tax Forms for Experienced Practitioners DESCRIPTION:Event Description\nDon’t let the title frighten you. Experienced staff can get bogged down in busy season with advanced practice and reporting issues. With major legislation enacted over the past few years\, we bring you the distilled version of what you need to know for the current year and significant current proposals that may impact the tax landscape in future years or even retroactively. This course discusses the topics that experienced staff\, managers\, and partners should understand in depth while also assisting experienced staff in avoiding costly mistakes when facing complicated 1040 issues. The manual includes advanced examples and several advanced cases with “filled-in” forms provided with the complete answers. \nDesigned For\nAccounting and Finance Professionals in public accounting who prepare or review complex 1040 returns \nObjectives\n\nRecognize and understand how to handle advanced technical issues which arise in a professional practice and in preparing individual tax returns\n Complete the tax forms for selected issues\n\nMajor Subjects\nWhat’s NEW for this year – Items all practitioners must know Coverage of One Big Beautiful Bill Act; 1099-K reporting requirements; Qualified Business Income — Coverage of Section 199A including the real estate safe harbor; A tour of the most recent forms changes\, starting from gross income and ending with selected credits\, including the latest IRS guidance on significant recent tax legislation; How will clients (and practitioners) interact with IRS in the future and how the pandemic is steering the IRS to ramp up with digital communication efforts; Hot developments and current areas of interest; Virtual Currency and Digital Asset Taxation; Advanced practice\, reporting\, and other issues intertwined with advanced planning and discussion ideas; Form 6198 — At-risk basis: Detailed case study and discussion of how this form is to be used and when it needs to be filed; learn how basis and at-risk basis are different\, and why this is significant; Form 6252 — Installment sale income: A common tax area; however\, a case study and discussion of this topic includes advanced issues such as gain on reacquisition of installment sale property\, including worksheets on calculating gain & tax basis of reacquired property; Form 5329 — Additional taxes on qualified plans: Advanced study of how to avoid penalties Coverage of Section 1202 and Section 1045 transactions with examples;; \nInstructions\nNone URL:https://sc.cpa/event/sstx116-27-surgents-technical-individual-practice-issues-and-tax-forms-for-experienced-practitioners/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044933Z CREATED:20260807T044933Z LAST-MODIFIED:20260807T044933Z UID:10007313-1814356800-1814356800@sc.cpa SUMMARY:(SSTX156/27) Surgent's Fundamentals of Public Charity Taxation and Form 990 DESCRIPTION:Event Description\nIf you work for or with not-for-profit entities and have questions about the IRS Form 990\, Return of Organization Exempt From Income Tax\, and the related schedules\, this is the course for you! The program focuses on common issues that professionals will likely encounter when they prepare the Form 990 and additional tax rules applicable to not-for-profits. \nDesigned For\nAny professional who wishes to understand the tax rules applicable to not-for-profits and who wishes to be able to prepare the Form 990 \nObjectives\n\nComplete Form 990 to advise clients with respect to the tax rules relating to public charities\n\nMajor Subjects\nOrganization and structure of Form 990 Form 990 ;and its various schedules Form 990 filing requirements The public support tests Taxation of unrelated business income Compensation-related reporting issues Potential changes in the income taxation of not-for-profit organizations \nInstructions\nNone URL:https://sc.cpa/event/sstx156-27-surgents-fundamentals-of-public-charity-taxation-and-form-990/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044934Z CREATED:20260807T044934Z LAST-MODIFIED:20260807T044934Z UID:10007314-1814356800-1814356800@sc.cpa SUMMARY:(SSAA242/27) Surgent's Examining ASC 842\, Leases: More Than Meets the Eye DESCRIPTION:Event Description\nImplementing ASU No. 2016-02\, Leases (Topic 842) is sure to have a major impact on your balance sheet and potentially on your business as well. This course is a one-stop shop for what you need to know about the now-effective changes to the lease accounting guidance. In this course\, we will review how to measure the lease liability and right-of-use asset that will now be recorded on the balance sheet for all leases. We will also tackle the tricky issues of accounting for lease modifications and other lease re-measurement events as well as address the other major provisions of ASC 842\, such as disclosures and transition. We will also review the income statement treatment of lease expense for all leases for both lessees and lessors and discuss recent FASB implementation guidance. Lastly\, the course will cover all recent updates to the originally issued guidance in Topic 842\, including that related to discount rates. \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\n\nComprehend and apply the FASB’s comprehensive lease accounting guidance found in ASU No. 2016-02\, Leases (Topic 842)\n Recall operational issues in adopting the lease accounting standard\n\nMajor Subjects\nASU No. 2016-02\, Leases (Topic 842) Overall lease accounting guidance Lessor Accounting 101 Lessee Accounting 101 Detailed review of accounting by lessees and lessors Sale and leaseback transactions Operational issues Updates to the lease accounting guidance Feedback from the public company adoption of Topic 842 \nInstructions\nNone URL:https://sc.cpa/event/ssaa242-27-surgents-examining-asc-842-leases-more-than-meets-the-eye/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044936Z CREATED:20260807T044935Z LAST-MODIFIED:20260807T044936Z UID:10007315-1814356800-1814356800@sc.cpa SUMMARY:(SSTX133/27) Surgent's Key Partnership and S Corporation Tax Planning Strategies DESCRIPTION:Event Description\nMany of our clients are pass-through entities for which many of the general business strategies are subject to additional limitations. To provide the tax planning strategies for closely held business clients that will bring more revenue\, this course focuses on the special concerns and techniques the practitioner needs to thrive in this market. \nDesigned For\nAll tax practitioners\, both those working in public accounting as well as those in private industry\, who are responsible for tax planning for their clients and/or companies \nObjectives\n\nIdentify the advantages of\, and the tax issues involved with\, employing one’s spouse\n Discuss the tax issues and strategies that may be applicable to the client in employing one’s child to shift income and to avoid kiddie tax issues through earned income\n Describe the basis adjustments that are made to reflect LLC operations\n Discuss the basis limitation on the current deductibility of losses and the substantial economic effect and built-in gain limitations on how LLC income\, gains\, and losses may be allocated among members\n Explain the concept of a passive activity loss and material participation\n Identify what is an activity and when activities are or may be aggregated\n Explain the concept of amount at risk and to whom it applies\n Determine the amount at risk\n Distinguish qualified nonrecourse financing from other nonrecourse financings in the context of the amount at risk\n Discuss the requirements for a real estate professional\, and the effect of a taxpayer’s election to be treated as such for tax purposes\n Understand the tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares Identify who are related parties for purposes of special characterizations of property transactions\n Explain how and to what extent the gain on the sale of depreciable property will be characterized as ordinary income\n Describe when a loss will be disallowed on the sale of property\n Discuss the circumstances in which the sale of property at a loss to a partnership will be disallowed\n\nMajor Subjects\nTimely coverage of breaking tax legislation Tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares At-risk and passive activity loss considerations Basis planning Related party transactions: making them work Income splitting and shifting with family can create considerable benefits Sale of ownership interest and NIIT considerations \nInstructions\nNone URL:https://sc.cpa/event/sstx133-27-surgents-key-partnership-and-s-corporation-tax-planning-strategies/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044937Z CREATED:20260807T044936Z LAST-MODIFIED:20260807T044937Z UID:10007316-1814356800-1814356800@sc.cpa SUMMARY:(SSTX254/27) Surgent's Social Security: Dispelling Common Myths with Essential Truths DESCRIPTION:Event Description\nFor roughly 90% of American retirees\, Social Security income will be the foundation of their retirement income. Yet\, many are ill-prepared and lack understanding of the critical aspects of making an informed claiming decision. Further challenged to separate fact from fiction\, consumers crave accurate information from knowledgeable professionals to make the most out of these coveted monthly benefits. This course dispels common myths about Social Security that lead to confusion and replaces them with the truth to an empowered retirement. Help your clients navigate their claiming age decisions with greater confidence\, equipped with the essential truths they should consider before pushing the Social Security “on” button. \nDesigned For\nAccounting and finance practitioners seeking the latest Social Security guidance for themselves and their clients \nObjectives\n\nAdvise clients on the latest applicable Social Security strategies\n Implement effective Social Security strategies for practitioners’ own needs\n\nMajor Subjects\nWill Social Security be there for me? How is my benefit calculated? Can I claim my benefit and work too? When do I stop paying Social Security taxes? Why does my government pension cause my benefits to be reduced? Can I claim spousal benefits now and my own later? What is my breakeven? Can I claim benefits from my ex-spouse? What do you mean I may pay taxes on my income benefits? and more! \nInstructions\nNone URL:https://sc.cpa/event/sstx254-27-surgents-social-security-dispelling-common-myths-with-essential-truths/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044938Z CREATED:20260807T044937Z LAST-MODIFIED:20260807T044938Z UID:10007317-1814356800-1814356800@sc.cpa SUMMARY:(SSTX206/27) Surgent's A Guide to Nonqualified Deferred Compensation DESCRIPTION:Event Description\nThis course is designed to provide a deep understanding of NQDC plans\, focusing on the regulations\, tax nuances\, and strategies to understand to effectively advise clients. Participants will learn about the key features of NQDC plans\, their differences from qualified retirement plans\, and the compliance requirements under IRC Section 409A and other relevant regulations. The course will cover the taxation of NQDC plans\, including income recognition\, FICA\, and federal/state taxes\, for both employers and employees. Attendees will explore various types of NQDC plans and discuss their unique features and benefits. The course will also delve into financing and funding options for NQDC plans and provide guidance on developing and implementing effective planning strategies based on participant demographics\, company objectives\, and tax efficiency. By the end of the course\, participants will have the knowledge and tools to properly advise clients on NQDC plans to maximize benefits while ensuring compliance with regulations. \nDesigned For\nAccounting and finance professionals who wish to gain a deep understanding of nonqualified deferred compensation \nObjectives\n\nDefine nonqualified deferred compensation (NQDC) and explain how it differs from qualified retirement plans\n Identify and describe the key compliance requirements for NQDC plans\, including IRC Section 409A and other relevant regulations\n Understand the taxation of NQDC plans\, including the timing of income recognition\, FICA\, and federal/state taxes\, and the tax consequences for both employers and employees\n Distinguish between the various types of NQDC plans\, such as salary deferral arrangements\, and supplemental executive retirement plans (SERPs)\, and understand their unique features and benefits\n Understand the financing and funding options available for NQDC plans and the pros and cons of each approach\n Develop and implement effective planning strategies for NQDC plans\, considering factors such as participant demographics\, company objectives\, and tax efficiency\n Summarize the key takeaways from the course\, emphasizing the importance of proper plan design\, compliance\, and administration in maximizing the benefits of NQDC plans for both employers and employees\n\nMajor Subjects\nThe basics of nonqualified deferred compensation (NQDC) NQDC compliance Taxation of NQDC plans Types of NQDC plans Financing/funding NQDC plans Planning strategies \nInstructions\nNone URL:https://sc.cpa/event/sstx206-27-surgents-a-guide-to-nonqualified-deferred-compensation/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044940Z CREATED:20260807T044939Z LAST-MODIFIED:20260807T044940Z UID:10007318-1814356800-1814356800@sc.cpa SUMMARY:(SSAA172/27) 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 regulations\, additional examples of M&A\, alliances and strategic spin-offs/splits\, methods to improve efficiency from existing activities\, the impact of COVID-19\, as well as 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\n\nProvide an overview of the expanded role of financial professionals\n Gain knowledge in a diverse range of activities\n Explore analytical valuation techniques that are useful over a board range of events\n Understand the potential value of improving existing practices and/or implementing missing ones\n Recognize immediate actions that can result in measurable benefits to an organization\n Identify specific areas for further exploration;\n\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/ssaa172-27-surgents-controllership-skills-update-current-survival-skills/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044941Z CREATED:20260807T044940Z LAST-MODIFIED:20260807T044941Z UID:10007319-1814356800-1814356800@sc.cpa SUMMARY:(SSOT120/27) Surgent's Six Common Barriers to Investment Success DESCRIPTION:Event Description\nMany of us expect to use logic when it comes to how we allocate our investments. The adage of “buy low\, sell high” is a saying that makes logical sense. So\, why do we always seem to do the opposite? Every day we are faced with decisions\, and we are often influenced by two seemingly opposing voices that come from two different parts of our brain. The frontal cortex processes lots of information to help us make logical and informed choices. But there’s also a small part of the brain\, known as the reflexive brain\, that is responsible for emotions and survival instincts. Often\, this reflexive brain can have a detrimental effect on the way we handle our investments. This course will discuss some behavioral biases that affect our financial decisions. As humans\, we need to be aware of how our reflexive behavior impacts our investment decision-making ability. By uncovering and understanding these biases\, we may have a better chance of meeting our long-term financial goals. \nDesigned For\nAll practitioners and their clients \nObjectives\n\nRecognize the behavioral biases that may negatively affect financial decision-making\n Overcome these biases so as to be better able to meet long-term financial goals\n\nMajor Subjects\nAvailability bias Herding Loss aversion Present bias Anchoring Home country bias \nInstructions\nNone URL:https://sc.cpa/event/ssot120-27-surgents-six-common-barriers-to-investment-success/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044942Z CREATED:20260807T044942Z LAST-MODIFIED:20260807T044942Z UID:10007320-1814356800-1814356800@sc.cpa SUMMARY:(SSET132/27) Surgent's Power Query Series: Adding Columns for Data Enrichment DESCRIPTION:Event Description\nUsing a variety of hands-on exercises\, this course enables users to learn how to add columns using Power Query (Excel version). 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 fifth in a twelve-part series\, Power Query: Beginning Data Analytics for the Excel User. The series is designed so the Excel user can learn the functionality of Power Query and the many benefits of this powerful tool. Each 1-hour webcast has hands-on examples to enable the Excel user to experience the active learning of Power Query. \nDesigned For\nExcel users who want to develop data analytics skills \nObjectives\n\nUnderstand how to add columns in Power Query by a variety of methods\, including merging columns\, duplicating columns\, and adding custom columns\n Recognize that adding columns is determined by the data type of the column\n\nMajor Subjects\nCreate a new column from existing columns Adding columns is determined by the data type of the column Adding new columns Hands-on examples: column from examples\, merging columns\, duplicate columns\, custom columns\, conditional column\, index column \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sset132-27-surgents-power-query-series-adding-columns-for-data-enrichment/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044952Z CREATED:20260807T044950Z LAST-MODIFIED:20260807T044952Z UID:10007321-1814356800-1814356800@sc.cpa SUMMARY:(SSTE139/27) Surgent's Power Query Series: Append Queries DESCRIPTION:Event Description\nAppend queries combine two or more queries into one output query that is a combination of the originals. This course discusses best practices for creating append 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 seventh in a twelve-part series\, Power Query: Beginning Data Analytics for the Excel User. The series is designed so the Excel user can learn the functionality of Power Query and the many benefits of this powerful tool. Each 1-hour webcast has hands-on examples to enable the Excel user to experience the active learning of Power Query. \nDesigned For\nExcel users who want to develop data analytics skills \nObjectives\n\nUnderstand what an append query is and why it is so useful\n Recognize the data requirements for an append query\n\nMajor Subjects\nWhat is an append query? What are the data requirements for an append query? Hands-on examples: combining worksheets in the same workbook\, listing all objects in a workbook\, combining files in a folder \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sste139-27-surgents-power-query-series-append-queries/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044954Z CREATED:20260807T044952Z LAST-MODIFIED:20260807T044954Z UID:10007322-1814356800-1814356800@sc.cpa SUMMARY:(SSAA217/27) Surgent's Annual FASB Update and Review DESCRIPTION:Event Description\nThis course provides a detailed discussion on the key topics related to financial reporting\, though in a summarized format. The course will focus on recent ASUs issued by the FASB with a concentration on issues of greatest significance to most accounting practitioners\, with the greatest emphasis on those ASUs effective in 2024 and 2025. Specifically\, the course will review recently issued FASB standards on disaggregated expenses\, cryptocurrency (e.g.\, crypto assets)\, and the final stages of the ASC 606 post-implementation review (PIR) report findings and other hot-button accounting issues\, such as what is on the FASB’s technical agenda. Lastly\, we will provide an overview of non-GAAP financial measures disclosed by companies and review the current SEC and IFRS guidance over such measures and their disclosure. This course is the place to go for a succinct but thorough update on the big topics impacting financial accounting and reporting. \nDesigned For\nPracticing CPAs and their staffs\, both in public accounting and business and industry\, as well as controllers\, accountants\, and other financial accounting personnel involved in financial statement preparation and review \nObjectives\n\nBe aware of recent private company standard setting activities\n Review the latest FASB Accounting Standards Updates (ASUs)\n Understand the recently implemented lease accounting guidance found in Topic 842\, Leases\n Recall key provisions of recently issued FASB Updates\n Recall common non-GAAP financial measures and requirements surrounding their disclosure\n Understand the key provisions and updates to Topic 606\, Revenue from Contracts with Customers\, and the results of the final stage of the FASB’s PIR process\, including its final report on the topic\n\nMajor Subjects\nPrivate company standard setting activities Recent FASB Accounting Standards Updates (ASUs)\, including those addressing crypto assets (i.e.\, cryptocurrency) Non-GAAP financial measures ASC 606\, Revenue from Contracts with Customers ASC 606 final PIR report findings \nInstructions\nNone URL:https://sc.cpa/event/ssaa217-27-surgents-annual-fasb-update-and-review/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T044955Z CREATED:20260807T044954Z LAST-MODIFIED:20260807T044955Z UID:10007323-1814356800-1814356800@sc.cpa SUMMARY:(SSAA285/27) Surgent's Non-GAAP Financial Measures – What You Need to Know DESCRIPTION:Event Description\nThis course provides an overview of non-GAAP financial measures with a particular emphasis on comments from the SEC\, the FASB\, as well as comment letter analysis from several of the Big Four accounting firms. Non-GAAP financial measures continue to rank at the top of the most frequent comment letters issued by the SEC. As a result\, it’s important to understand the guidance with respect to these measures to ensure that an entity’s financial statements remain GAAP compliant and are not misleading. \nDesigned For\nCPAs in need of a review of non-GAAP financial measures with an emphasis on comments from the SEC and FASB\, as well as comment letter analysis from some of the Big Four accounting firms. \nObjectives\n\nDifferentiate between a GAAP financial measure and a non-GAAP financial measure\n Recognize examples of different types of non-GAAP financial measures\n Identify which SEC guidance is applicable to different types of non-GAAP financial measures\n Recognize disclosures within the scope of Regulation G\n Identify key requirements included within both Regulation G and Regulation S-K related to these measures\n\nMajor Subjects\nComment letter analysis from several Big Four accounting firms Non-GAAP financial measures Comments from the SEC and FASB \nInstructions\nNone URL:https://sc.cpa/event/ssaa285-27-surgents-non-gaap-financial-measures-what-you-need-to-know/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T045140Z CREATED:20260807T045139Z LAST-MODIFIED:20260807T045140Z UID:10007325-1814356800-1814356800@sc.cpa SUMMARY:(SSTE155/27) Surgent's Smart Formula Selection in Excel: What to Use When DESCRIPTION:Event Description\nExcel gives you multiple ways to solve the same problem\, but which formula is the right one? This course teaches a decision-based approach to function selection\, helping you confidently choose between similar and competing functions. Through real-world examples and side-by-side comparisons\, you’ll learn when IFS or SWITCH is cleaner than nested IFs\, how SUMPRODUCT can help with complex summarizing data\, how to use LET in place of defined names\, and much more. This course is ideal for professionals who want to make smarter\, faster formula choices that are easier to maintain and audit. \nDesigned For\nAll Excel users looking to elevate their formula skills with strategic guidance \nObjectives\n\nCompare Excel functions that solve similar problems and select the most effective one for the task\n Apply structured decision-making when building formulas to improve clarity and scalability\n Distinguish when modern functions offer better solutions than legacy\n \n \n \n\nMajor Subjects\nIntroduction to strategic formula use; Conditional logic and branching tools Summarizing data Filtering and output control Custom output and decision trees Embedded variables and reusability Best practices for formula selection \nInstructions\nDownload the handout and practice material prior to course URL:https://sc.cpa/event/sste155-27-surgents-smart-formula-selection-in-excel-what-to-use-when/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T045141Z CREATED:20260807T045141Z LAST-MODIFIED:20260807T045141Z UID:10007326-1814356800-1814356800@sc.cpa SUMMARY:(SSOT145/27) Surgent's Building Trustworthy AI Systems in Finance: The NIST AI RMF Approach DESCRIPTION:Event Description\nAs organizations worldwide integrate artificial intelligence into their operations\, ensuring ethical and responsible use is essential. This course provides finance and accounting and auditing professionals with the insights and practical tools needed to implement the National Institute of Standards and Technology (NIST) AI Risk Management Framework (AI RMF). Participants will explore the framework’s principles of accountability\, transparency\, and ethical AI\, learning how to assess and manage risks unique to their field of practice. Using real-world case studies and interactive activities\, attendees will develop strategies to mitigate bias\, enhance data privacy\, and ensure compliance while leveraging AI to drive innovation and growth. \nDesigned For\nCPAs and finance professionals in public accounting and industry\, including CFOs\, controllers\, financial managers\, auditors\, and analysts\, who want to understand the NIST AI RMF and its practical applications for managing AI risks\, ensuring ethical practi \nObjectives\n\nUnderstand the core principles and functions of the NIST AI Risk Management Framework (AI RMF)\n Identify and evaluate AI-related risks specific to finance and accounting and auditing\, including data privacy\, model bias\, and operational vulnerabilities\n Apply the NIST AI RMF to implement governance structures\, risk management strategies\, and monitoring processes for AI systems in finance\n Analyze and enhance the trustworthiness of AI systems by focusing on accountability\, transparency\, fairness\, and security\n Develop practical approaches to align AI systems with ethical guidelines\, regulatory requirements\, and organizational goals \n\nMajor Subjects\nIntroduction to the NIST AI RMF: overview and objectives; importance of managing AI risks in finance and accounting and auditing; and comparative analysis with global standards\, such as the EU AI Act Core Components of the NIST AI RMF: governance (establishing accountability for AI systems)\, mapping (identifying risks across the AI lifecycle)\, and measuring (developing metrics for evaluating risk) Applying the NIST AI RMF to Finance and Accounting: strategies for identifying\, assessing\, and managing risks unique to finance and accounting and auditing; practical approaches to data governance\, model validation\, security controls\, and incident response; and monitoring and adapting AI systems to align with evolving technologies and regulatory requirements Trustworthy AI Characteristics: accountability and transparency in financial operations; addressing privacy\, security\, and ethical concerns; and ensuring fairness and reliability in AI applications \nInstructions\nNone URL:https://sc.cpa/event/ssot145-27-surgents-building-trustworthy-ai-systems-in-finance-the-nist-ai-rmf-approach/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T045142Z CREATED:20260807T045142Z LAST-MODIFIED:20260807T045142Z UID:10007327-1814356800-1814356800@sc.cpa SUMMARY:(SSOT121/27) 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. \nDesigned For\nEmployees identified for advancement\, team leads\, supervisors\, and managers \nObjectives\n\nIdentify effective coaches and develop coaching strategies to support your team\n Give constructive criticism while managing defensive reactions\n\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 \nInstructions\nNone URL:https://sc.cpa/event/ssot121-27-surgents-coaching-skills-for-managers-and-supervisors/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T045145Z CREATED:20260807T045144Z LAST-MODIFIED:20260807T045145Z UID:10007328-1814356800-1814356800@sc.cpa SUMMARY:(SSAA127/27) Surgent's Accounting Hot Topics DESCRIPTION:Event Description\nIn addition to being experts on the nuts and bolts of accounting and auditing\, experienced auditors must also be aware of the emerging trends in our industry\, as well as those complex topics with which we don’t need to deal on an everyday basis. In this session\, we’ll cover some of those emerging and challenging topics.First\, we’ll review technology hot trends and how they will likely impact your clients and how you will need to address them in your audit risk assessments and procedures. Next\, as the FASB continues to implement more opportunities to value assets and liabilities at their fair value\, we’ll review the accounting definition of fair value and how it’s determined. Lastly\, we’ll review two areas that use fair value concepts pervasively\, accounting for business combinations and asset impairment. With a sound understanding of the basic accounting concepts related to these complex topics\, auditors will be able to significantly enhance the level of services that they can provide to their clients. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 4.) \nDesigned For\nAccountants with several years in the auditing profession \nObjectives\n\nIdentify key technology trends and how they will be impacting the accounting profession\n Recall key provisions of ASC 820 related to fair value\n Identify key accounting considerations related to business combinations\n Identify accounting considerations related to asset impairment\n\nMajor Subjects\nTechnology trends and hot topics Fair value concepts Accounting for business combinations Asset impairment accounting \nInstructions\nNone URL:https://sc.cpa/event/ssaa127-27-surgents-accounting-hot-topics/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T045146Z CREATED:20260807T045145Z LAST-MODIFIED:20260807T045146Z UID:10007329-1814356800-1814356800@sc.cpa SUMMARY:(SSTX361/27) Surgent’s Weekly Expert Hour (Original Air Date: 11/14/24) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients.Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nSEPP (72(t)) payments Anticipated policy changes post-election HSA-qualified insurance policies and coverages \nInstructions\nNone URL:https://sc.cpa/event/sstx361-27-surgents-weekly-expert-hour-original-air-date-11-14-24/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T045217Z CREATED:20260807T045217Z LAST-MODIFIED:20260807T045217Z UID:10007330-1814356800-1814356800@sc.cpa SUMMARY:(SSAA136/27) Surgent's Lease Accounting: The Impact of Changing Standards on Both Lessors and Lessees DESCRIPTION:Event Description\nThe effective date for ASU 2016-02\, Leases (Topic 842) is finally here. The new standard eliminates one of the largest forms of off-balance sheet accounting and requires most leases to be brought onto the balance sheet irrespective of their classification as either financing or operating. The new guidance in ASC 842 also makes other changes in lease accounting for both lessees and lessors. This course will discuss the impact of these changing standards on both lessees and lessors and discusses recently issued updates to ASC 842. Now is time to get up to date on all that is going on with regard to lease accounting. \nDesigned For\nPracticing CPAs and accounting professionals in business and industry that prepare and review or audit financial statements \nObjectives\n\nIdentify finance lease transactions\, including both lessor and lessee perspectives\n Understand the proper accounting and financial reporting treatment for operating and finance leases\n Describe how lessor accounting is influenced by revenue recognition and measurement concepts\n Explain important transition issues from the current to new standards ;\n\nMajor Subjects\nOutcomes of the recent FASB and IASB Joint Project related to Leases Differentiating between accounting and reporting requirements for operating and finance leases Evaluating possible material misstatement related to lease recognition\, measurement\, presentation and disclosure \nInstructions\nNone URL:https://sc.cpa/event/ssaa136-27-surgents-lease-accounting-the-impact-of-changing-standards-on-both-lessors-and-lessees/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T045217Z CREATED:20260807T045217Z LAST-MODIFIED:20260807T045217Z UID:10007331-1814356800-1814356800@sc.cpa SUMMARY:(SSTX345/27) Surgent’s Weekly Expert Hour (Original Air Date: 7/25/24) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients.Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nIRS finalization of RMD regulations Disaster tax relief\, especially relating to retirement plans and IRAs Discussion of US Supreme Court’s overturn of Chevron U.S.A.\, Inc v. Natural Resources Defense Council\, Inc.; \nInstructions\nNone URL:https://sc.cpa/event/sstx345-27-surgents-weekly-expert-hour-original-air-date-7-25-24/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T045716Z CREATED:20260807T045545Z LAST-MODIFIED:20260807T045716Z UID:10007333-1814356800-1814356800@sc.cpa SUMMARY:(SSAA142/27) Surgent's Annual Accounting and Auditing Update DESCRIPTION:Event Description\nDesigned as an all-you-need-to-know update for accounting\, auditing\, and attestation practitioners at all levels in public accounting and industry\, this course provides a comprehensive review of recent standard-setting and rulemaking activities of the Financial Accounting Standards Board (FASB)\, American Institute of Certified Public Accountants (AICPA)\, Public Company Accounting Oversight Board (PCAOB)\, and Securities and Exchange Commission (SEC).On the financial accounting front\, we will cover the FASB’s Post-Implementation Review (PIR) report for revenue recognition under ASC 606 and discuss the best practices in applying the standard and identifying any ongoing issues practitioners are experiencing with applying the standard. We will also discuss the more than a dozen ASUs the FASB has issued since the beginning of 2023 and into 2025 covering crypto assets\, disaggregated expenses\, business combinations\, and leases for entities under common control.Our focus on AICPA standards includes a detailed discussion of revamped AICPA quality management standards. The AICPA updated and modernized the standards by issuing Statement on Quality Management Standards 1\, 2\, and 3 (SQMS 1\, SQMS 2\, and SQMS 3\, respectively)\, SSARS No. 26\, and SAS 146\, Quality Management for an Engagement Conducted in Accordance with Generally Accepted Auditing Standards (SAS 146). These standards\, effective December 15\, 2025\, modernize quality management standards to reflect an increased focus on risk assessment\, technology use\, and the presence of outside experts on engagements.We will also cover new rules impacting public company audits and present case studies on recent fraudulent accounting stories and best practices for detecting and preventing such frauds.In summary\, the course is your go-to source for all things A&A and will prepare you for your upcoming engagements throughout the rest of the year. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\n\nReview and apply recently issued and proposed FASB\, PCAOB\, SEC\, and AICPA pronouncements;\n Recall and apply AICPA quality management standards (SQMS 1\, SQMS 2\, and SQMS 3)\n Understand the major findings of the FASB’s PIR report for ASC 606 and best practices in applying ASC 606\n Be familiar with other important A&A practice matters you should be aware of\n Recall key provisions in SAS 146 and SSARS No. 26\n Utilize hands-on examples and illustrations to increase your overall understanding and application of the material\n\nMajor Subjects\nRecently issued FASB Accounting Standards Updates\, PCC Update and items on the FASB’s Technical Agenda Recently issued ASUs covering common control leases\, crypto assets (e.g.\, cryptocurrency)\, and income tax disclosures Statement on Quality Management Standards: SQMS 1\, SQMS 2\, and SQMS 3 Post-Implementation Review Report for revenue recognition under ASC 606 and best practices in applying ASC 606 Fraud case studies Recently issued SASs and other AICPA activity Recently issued PCAOB standards and SEC rulemaking activities Other important A&A practice matters \nInstructions\nNone URL:https://sc.cpa/event/ssaa142-27-surgents-annual-accounting-and-auditing-update/ CATEGORIES:Self-Study Text END:VEVENT END:VCALENDAR