BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.15.18//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:South Carolina Association of CPAs X-ORIGINAL-URL:https://sc.cpa X-WR-CALDESC:Events for South Carolina Association of CPAs REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/Detroit BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20240310T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20241103T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20250309T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20251102T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20260308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20261101T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T211709Z LAST-MODIFIED:20250401T023755Z UID:10004464-1751284800-1751284800@sc.cpa SUMMARY:(SSAA124/25) Surgent's Auditing Accounting Estimates DESCRIPTION:Event Description\nAs you advance in your audit careers\, your responsibilities include auditing more subjective areas\, such as accounting estimate. These estimates are pervasive across a set of financial statements and are often very sensitive to relatively small changes in assumptions\, which can have a significant impact on the amount of the estimate that is recorded\, or not recorded\, in the financial statements.In this session\, we will review the relevant auditing guidance related to auditing estimates. We will focus on the three key ways in which auditors can audit accounting estimates: waiting for the contingency to resolve itself\, auditing the client’s estimation process\, and developing the auditor’s point or range of estimate. Then we’ll review what will be changing\, and what will be staying the same\, when SAS 143 becomes effective for 2023 audits. (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\nIdentify the provisions found in AU-C 540 related to auditing estimates Identify key differences between AU-C 540 and the new requirements for auditing estimates under SAS 143 \nMajor Subjects\nCommon accounting estimates Accounting guidance related to loss and gain contingencies Audit guidance related to auditing accounting estimates Overview of the requirements of SAS 143 \nInstructions\nNone URL:https://sc.cpa/event/ssaa124-25-surgents-auditing-accounting-estimates/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T211810Z LAST-MODIFIED:20250401T050025Z UID:10004465-1751284800-1751284800@sc.cpa SUMMARY:(SSTX159/25) Surgent's Taking Advantage of Installment Sales DESCRIPTION:Event Description\nWhen real property is sold for a gain\, we always try to find ways to defer recognizing income so that it won’t be necessary to send a check to Uncle Sam. There is a provision within the Internal Revenue Code that allows the taxpayer to defer recognition of immediate taxable gain in the year of sale known as an “installment sale.” Knowing how and when to utilize this provision makes the Accounting and Finance Professionals very valuable to either their client or the entity they work for. We will also discuss recent proposals that could impact the future of this provision. \nDesigned For\nAccounting and Finance Professionals who either represent or work for entities that own real property \nObjectives\nUtilize the provisions of IRC Sec 453 to defer recognizing gain on the sale of real property via an installment sale \nMajor Subjects\nHow does the IRC define an installment sale under IRC Sec 453? When can a taxpayer utilize the provisions of IRC Sec 453? When should a taxpayer utilize the provisions of an installment sale and when should it be avoided? How does the issue of a dealer vs. a non-dealer impact the use of the installment sale method? Reporting an installment sale when related parties are involved Calculating an installment sale How has the Tax Cuts and Jobs Act impacted the use of the installment sale method? \nInstructions\nNone URL:https://sc.cpa/event/sstx159-25-surgents-taking-advantage-of-installment-sales/ LOCATION:SC CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T211813Z LAST-MODIFIED:20250401T033810Z UID:10004466-1751284800-1751284800@sc.cpa SUMMARY:(SSAA291/25) Surgent's The Yellow Book Performance and Reporting Requirements for a Financial Audit DESCRIPTION:Event Description\nWhen auditors perform financial audits under the Yellow Book\, they must apply nine areas of additional performance requirements and seven areas of additional reporting requirements. This course is designed to help you understand and effectively apply the Yellow Book performance and reporting requirements to financial audits. \nDesigned For\nYellow Book auditors \nObjectives\nObtain a thorough working knowledge of the requirements for performing and reporting on Yellow Book financial audits Understand how the Yellow Book requirements relate to the AICPA and OMB audit requirements \nMajor Subjects\nHow Yellow Book financial audits differ from GAAS audits and single audits The Yellow Book performance and reporting requirements related to internal control and compliance The requirements for reporting Yellow Book audit findings \nInstructions\nNone URL:https://sc.cpa/event/ssaa291-25-surgents-the-yellow-book-performance-and-reporting-requirements-for-a-financial-audit/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T211908Z LAST-MODIFIED:20250401T033104Z UID:10004467-1751284800-1751284800@sc.cpa SUMMARY:(SSTX171/25) Surgent's Taking Advantage of Like-Kind Exchanges DESCRIPTION:Event Description\nWhen real property is sold for a gain\, we always try to find ways to defer recognizing income so that it won’t be necessary to send a check to Uncle Sam. There is a provision within the Internal Revenue Code that allows the taxpayer to defer recognition of immediate taxable gain in the year of sale known as a “like-kind exchange.” Knowing how and when to utilize this provision makes the Accounting and Finance Professionals very valuable to either their client or the entity they work for. We will also discuss recent proposals that could impact the future of this provision. \nDesigned For\nAccounting and Finance Professionals who either represent or work for entities that own real property \nObjectives\nUtilize the provisions of IRC Sec 1031 in order to defer recognizing gain on the sale of real property via a like-kind exchange \nMajor Subjects\nUnderstanding the history of IRC Sec 1031 Who does and does not qualify for utilizing the like-kind provisions Which properties do and do not qualify for like-kind exchanges The differences between a dealer and a non-dealer regarding like-kind exchanges How to complete a like-kind exchange The different types of like-kind exchanges The definition of boot and how it applies to like-kind exchanges Rules concerning Revenue Ruling 72-456\, and Form 8824 \nInstructions\nNone URL:https://sc.cpa/event/sstx171-25-surgents-taking-advantage-of-like-kind-exchanges/ LOCATION:SC CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T211913Z LAST-MODIFIED:20250401T024811Z UID:10004468-1751284800-1751284800@sc.cpa SUMMARY:(SSMG111/25) Surgent's Microsoftr Excelr 2016: Getting Started DESCRIPTION:Event Description\nThis course introduces you to the Excel 2016 software and then guides you through basic Excel features using step-by-step hands-on activities. \nDesigned For\nNew Excel users or experienced Excel users switching from earlier versions \nObjectives\nExplain how the Excel software is used Start Excel Identify the components of the Excel window Describe a workbook and a worksheet Navigate and select in a worksheet Modify user options or preferences Create and save a workbook Enter\, edit\, and format text and numbers Create basic formulas and use functions Work in different worksheet views Preview and print a worksheet Work in Backstage view Use the Quick Access Toolbar\, the Ribbon\, the Tell Me feature\, the Smart Lookup feature\, shortcut menus\, and keyboard shortcuts to perform basic tasks \nMajor Subjects\nDescribe the Excel application and explain how it is used Start Excel\, describe the Start screen\, and create a new workbook Describe Excel window elements Open an existing workbook Navigate in a worksheet Select in a worksheet Change Excel options Access Excel help and use Key Tips Close a workbook and close Excel Save a workbook Insert\, reposition\, select\, delete and rename worksheets Enter\, edit and format cell contents Create formulas Use functions Apply Accounting and Percent Style formatting Use Flash Fill for data entry Show and hide worksheet elements Undo and redo an action Work in Normal view\, Page Layout view and Page Break Preview Set page setup options\, preview\, and print a worksheet \nInstructions\nNone URL:https://sc.cpa/event/ssmg111-25-surgents-microsoftr-excelr-2016-getting-started/ LOCATION:SC CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212009Z LAST-MODIFIED:20250401T031721Z UID:10004469-1751284800-1751284800@sc.cpa SUMMARY:(SSAA244/25) Surgent's Monthly Accounting and Auditing Update (Original Air Date: 7/27/21) DESCRIPTION:Event Description\nThe one constant in life is change. This is true in the A&A world as well. 2021 will continue to challenge the accounting profession in many areas\, including accounting for the impact of the COVID-19 pandemic\, working in a virtual environment\, and implementing new AICPA and FASB pronouncements. In this monthly series\, we will explore the hot topics and current events that are driving financial accounting today\, such as auditing and SSARS standards implementation and getting ready for ASC 842 implementation. Through detailed discussion of new standards and commentary from relevant industry experts\, this monthly update will keep you up to date on what you need to know in the accounting world.So\, whether your area of specialty is employee benefit plans\, leases\, not-for-profit and governmental accounting or something else\, this monthly hour will give you what you need to know to do your job as effectively as possible. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\nIdentify new standard-setting activities by the FASB and AICPA Review relevant guidance in COVID-19-related accounting topics Recall strategies for working effectively and complying with professional standards in a changing work environment Identify key success factors for the upcoming busy season \nMajor Subjects\nNew professional standards issued by the FASB and AICPA Guidance on likely COVID-19-related accounting issues that you are likely to face Insights on best practices in managing new working environments Other topics of importance for all accounting practitioners \nInstructions\nNone URL:https://sc.cpa/event/ssaa244-25-surgents-monthly-accounting-and-auditing-update-original-air-date-7-27-21/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212014Z LAST-MODIFIED:20250401T031238Z UID:10004470-1751284800-1751284800@sc.cpa SUMMARY:(SSAA140/25) Surgent's Annual Accounting and Auditing Update DESCRIPTION:Event Description\nDesigned for accounting and attestation practitioners at all levels in both public accounting and business and industry\, this course provides a comprehensive review of recent standard-setting activities of the FASB and AICPA. In addition to providing a detailed review of SAS No. 145\, this course will bring you up to date on FASB and AICPA standards issued over the past few years. The course also provides many hands-on examples and illustrations to help you apply the guidance in practice.In addition to a financial accounting update\, the course will discuss what you will need to do differently as you adopt new audit standards 142-149 over the next few years\, including a detailed review of the new audit requirements under SAS 142. The course will also cover the key changes related to SSARS No. 25. Finally\, the course reviews the AICPA’s quality management project.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\nReview and apply recently issued and proposed FASB and AICPA pronouncements Review and apply guidance within ASC 842\, Leases Understand SAS 142 and SAS 145; Recall and apply AICPA quality management standards Be familiar with other important A&A practice matters you should be aware of Utilize hands-on examples and illustrations to increase your overall understanding and application of the material \nMajor Subjects\nRecently issued FASB Accounting Standards Updates\, PCC Update and items on the FASB’s Technical Agenda Leases Topic 842 ASC 326: CECL Review of SAS 142 Focus on Audit Evidence Recently issued SASs and other AICPA activity SSARS No. 25 and other recently issued SSARS Detailed review of SAS 145 Other important A&A practice matters \nInstructions\nNone URL:https://sc.cpa/event/ssaa140-25-surgents-annual-accounting-and-auditing-update/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212019Z LAST-MODIFIED:20250401T031920Z UID:10004471-1751284800-1751284800@sc.cpa SUMMARY:(SSTX149/25) Surgent's Mastering Basis Issues for S Corporations\, Partnerships\, and LLCs DESCRIPTION:Event Description\nThe most difficult concepts to master when dealing with flow-through business entities are the basis and distribution concepts. Major error and malpractice issues occur if the CPA does not fully understand the impact of these rules. This course is designed to focus on the practical applications of these rules. \nDesigned For\nAccounting and Financial Professionals who prepare both individual and flow-through business entity tax returns and need a thorough grasp of these significant issues \nObjectives\nDetermine initial basis and organizing tax-free under Sect 351 and Sect 721 Discuss;what affects basis and how to treat distributions Pass the loss limitation hurdles to deduct pass-through losses \nMajor Subjects\nApplicable coverage of any basis considerations within any recent tax legislation enacted before the presentation; Discuss new pass-through basis calculations required as attachments to certain individual returns; Excess business losses and NOLs; Tax Basis Capital Account Reporting Requirements; How Sect 179 limitations affect basis and how the tax-benefit rule is applied; S corporations: Beware of final IRS regulations regarding open debt of S corporations; understand the effect of stock basis and debt basis and IRS’s recent focus on at-risk basis for shareholders; recognize how AAA applies or does not apply to certain S corporations; learn to apply the complex ordering rules and special elections that can have a big tax result; become aware of when you can have a taxable dividend in an S corporation; understand distributions of cash and property and post-termination transition rules\, and temporary post-termination rules for eligible corporations; LLCs and partnerships: Learn the detailed rules of Sect 704 for preventing the shifting of tax consequences among partners or members; determine how to calculate basis under both Sect 704 and for at-risk under Sect 465; recognize how recourse\, nonrecourse\, and qualified nonrecourse debt can create significantly different tax results; review Sect 754 step-up in basis rules; and learn how legislation cleans up the basis treatment of charitable contributions and foreign taxes paid; \nInstructions\nNone URL:https://sc.cpa/event/sstx149-25-surgents-mastering-basis-issues-for-s-corporations-partnerships-and-llcs/ LOCATION:SC CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212020Z LAST-MODIFIED:20250401T035918Z UID:10004472-1751284800-1751284800@sc.cpa SUMMARY:(SSTX218/25) Surgent's Buying and Selling a Business: Tax and Structuring Overview DESCRIPTION:Event Description\nOne of the major transactions CPA clients are faced with is the purchase or disposition of a business. To help tax professionals advise those clients\, this course offers a comprehensive analysis of the business and tax aspects of buying and selling a business. It is a practical guide to help practitioners and industry CPAs understand structuring techniques. All CPAs\, including controllers and executives in industry\, should understand how difficult the process of buying and selling a business has become. \nDesigned For\nAll practitioners who will be involved in the sale of a business \nObjectives\nUnderstand the CPA’s role in the beginning of the transaction and throughout the process Identify the different tax consequences for various forms of acquired businesses Identify the tax consequences for sellers of various forms of businesses\, including the impact of the net investment income tax (NIIT) and the Sect 199A pass-through deduction Appreciate Sect 338 and Sect 338(h)(10) elections and the benefits of installment sales Understand the impact of Sects 751\, 743\, 734\, and 754 on the purchase or sale of a partnership \nMajor Subjects\nAn overview of the beginning of the process and documents for preliminary tax planning Recognizing the need for due diligence in acquisitions\, including checklists of important points Deemed asset sales: Sect 338 and Sect 338(h)(10) The impact of the Sect 197 amortizable intangibles regulations on the acquisition and disposition of a business Allocating purchase price for tax advantage Planning to avoid double taxation under the repeal of the General Utilities doctrine Special problems and opportunities when an S corporation is the buyer or seller Installment sale and interest issues Avoiding tax pitfalls and recognizing tax planning opportunities Unique issues in buying and selling LLC/partnership interests Impact of the net investment income tax (NIIT) and the Sect 199A pass-through deduction on the tax due on the sale of a pass-through entity Individually owned goodwill \nInstructions\nNone URL:https://sc.cpa/event/sstx218-25-surgents-buying-and-selling-a-business-tax-and-structuring-overview/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212108Z LAST-MODIFIED:20250401T050526Z UID:10004473-1751284800-1751284800@sc.cpa SUMMARY:(SSTE131/25) Surgent's Power Query Series: Useful Transformations DESCRIPTION:Event Description\nThis course covers a number of useful transformations using Power Query (Excel version) to clean\, enrich\, and shape data. Coverage includes pivoting and unpivoting\, filtering and grouping\, fuzzy matching\, and more\, with hands-on exercises for users to practice these skills.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 ninth 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\nBe familiar with various useful transformations available in Power Query \nMajor Subjects\nData before and after transformation: unpivoting\, pivoting\, split to column by delimiter (by columns or rows) Filtering and grouping Fuzzy matching Hands-on examples \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sste131-25-surgents-power-query-series-useful-transformations/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212120Z LAST-MODIFIED:20250401T032003Z UID:10004474-1751284800-1751284800@sc.cpa SUMMARY:(SSTX296/25) Surgent's Weekly Expert Hour (Original Air Date: 9/10/20) 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 1444-A IRS Web page: BBA Centralized Partnership Audit Regime Top 10 questions regarding health insurance IRS Notice 2020-65 \nInstructions\nNone URL:https://sc.cpa/event/sstx296-25-surgents-weekly-expert-hour-original-air-date-9-10-20/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212225Z LAST-MODIFIED:20250401T040316Z UID:10004475-1751284800-1751284800@sc.cpa SUMMARY:(SSAA228/25) Surgent's IA Module 4 -- Maximizing Internal Audit (IA) Value\, Coverage\, Assurance and Reliance DESCRIPTION:Event Description\nThe “name of the game” in virtually any business (or profession)\, and most certainly for Internal Auditors\, is adding the greatest possible value to and for all stakeholders of that business/profession. Internal Auditors serve a wide variety of stakeholders who place major reliance on their work. Maximizing IA value in terms of assurance levels expected by and relied on by its stakeholders is critical and can only be achieved through optimal assurance coverage execution and highly effective stakeholder communications and reporting. By exploring the many roles and services through which an internal audit group can add value throughout any organization\, this course provides a roadmap for Internal Auditors in their quests to maximize value for all stakeholders\, both internal and external\, of their organizations. \nDesigned For\nInternal audit (IA) professionals at all levels\, including consultants providing IA outsourcing\, co-sourcing and/or related services\, and external auditors providing IA services and/or who coordinate coverage with and place reliance on the work of IAs. \nObjectives\nGain greater appreciation of an Internal Auditor’s varying and extensive value-adding impact and roles Enhance knowledge of significant SOX-related impact and requirements placed on the auditing profession Clarify the major roles and responsibilities of Internal Auditors from a primary coverage perspective as related to key organizational controls/objectives Identify opportunities for maximizing IA value from a multi-stakeholder assurance and reliance coverage perspective \nMajor Subjects\nIA’s unique and vital value-adding propositions SOX (Sarbanes Oxley Act) impact on the (Internal and External) auditing profession Key IA assurance coverage roles and responsibilities regarding: Strategic and entity-level controls and objectives Internal Control over Financial Reporting (ICFR) Operations efficiency and effectiveness Compliance with laws and regulations Optimizing Internal/External Audit (and other Independent Assurance Activities) coordination and reliance (for SOX and non-SOX engagements): Maximizing assurance coverage efficiencies and effectiveness Achieving excellence in stakeholder servicing and value adding \nInstructions\nNone URL:https://sc.cpa/event/ssaa228-25-surgents-ia-module-4-maximizing-internal-audit-ia-value-coverage-assurance-and-reliance/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212408Z LAST-MODIFIED:20250401T031614Z UID:10004476-1751284800-1751284800@sc.cpa SUMMARY:(SSAA272/25) Surgent's New SASs Effective for December 31\, 2021 Audits DESCRIPTION:Event Description\n2021 will be a very impactful year for audits\, as SASs 134-140 become effective for audits for year-ends after December 15\, 2021. In this course\, we’ll review the key changes coming to financial statement audits as a result of these new standards\, including the format of the new auditor’s report and consideration of key audit matters. The course will also review key changes under SAS 135 related to identifying significant unusual transactions and the expanded audit procedures which must be performed to address risks associated with them.Lastly\, the course will review the AICPA’s updated definition of materiality\, expanded procedures and reporting related to other information in annual reports\, and conforming changes to the auditor’s opinion in other special reporting situations. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\nIdentify the new guidance in recently issued SASs which will be effective for 2021 audits Implement the new AU-C standards \nMajor Subjects\nNew format of the auditor’s opinion\, including the inclusion of key audit matters Significant unusual transactions Determining materiality Conforming changes to other reports issued under the SAS \nInstructions\nNone URL:https://sc.cpa/event/ssaa272-25-surgents-new-sass-effective-for-december-31-2021-audits/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212413Z LAST-MODIFIED:20250401T031621Z UID:10004477-1751284800-1751284800@sc.cpa SUMMARY:(SSTX157/25) Surgent's Individual Income Tax Fundamentals DESCRIPTION:Event Description\nThis course will take new and administrative staff from the most basic concepts to a full understanding of individual tax return preparation – just in time for the crunch of busy season! Updated for impacts of recent legislation\, including the SECURE Act 2.0\, the Inflation Reduction Act\, American Rescue Plan Act\, the Consolidated Appropriations Act of 2021\, the CARES Act\, and the SECURE Act\, and the TCJA. The course builds from a strong technical foundation\, to prepare simple\, to moderate\, to complicated individual tax returns. \nDesigned For\nNew staff\, rusty or those returning to the profession\, who desire to prepare individual returns \nObjectives\nPrepare simple\, to moderate\, to complicated individual tax returns Learn complicated issues of filing status and dependency exemptions Understand issues with reporting capital gains transactions Complete targeted comprehensive problems related to Schedule A\, Schedule C\, Schedule D\, Form 4797\, and Alternative Minimum Tax Overview of passive activity rules Complete several tax returns; many schedules and worksheets; answers with filled-in forms are provided \nMajor Subjects\nEffects of recent legislation\, including the recently enacted Inflation Reduction Act and the SECURE Act 2.0; The Qualified Business Income deduction; Filing information\, filing status\, personal exemptions\, dependents\, the standard deduction\, etc.; Wages and salaries; Interest income\, dividend income\, mutual funds\, Social Security; Figuring tax; Basic income tax preparation\, Form 1040\, and Schedules 1 – 3; Capital gains and losses; Medical and dental expenses\, charitable contributions; IRA contributions and distributions; Distributions from qualified retirement plans\, pensions\, and annuities; Profit and loss from business or profession and self-employment tax; Depreciation; Rental income and expenses; Preparation of Schedules A\, B\, C\, D\, E\, and Forms 4562\, 4797\, and more \nInstructions\nNone URL:https://sc.cpa/event/sstx157-25-surgents-individual-income-tax-fundamentals/ LOCATION:SC CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212417Z LAST-MODIFIED:20250401T040411Z UID:10004478-1751284800-1751284800@sc.cpa SUMMARY:(SSTX287/25) Surgent's Weekly Expert Hour (Original Air Date: 11/12/20) 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\nTreasury Decision 9930 and its effect on required minimum distributions Rev. Proc. 2020-50 guidance Data security Data retention: which documents should you keep and for how long? \nInstructions\nNone URL:https://sc.cpa/event/sstx287-25-surgents-weekly-expert-hour-original-air-date-11-12-20/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212511Z LAST-MODIFIED:20250401T040419Z UID:10004479-1751284800-1751284800@sc.cpa SUMMARY:(SSTX148/25) Surgent's Guide to Payroll Taxes and 1099 Issues DESCRIPTION:Event Description\nEmployment taxes are often overlooked as an area where more planning may be effective. Payroll taxes have become an increasing burden for the average business and IRS penalties for noncompliance have risen dramatically in recent years. As a result\, they have also been subject to employer incentives. The Service has announced that uncovering noncompliance by employers ranks high on its audit list. This course presents an overview of employee versus independent contractor criteria\, the federal payroll taxes form\, Form 1099\, and related compliance issues. \nDesigned For\nCPAs in public accounting and industry with responsibility for payroll tax compliance \nObjectives\nDistinguish an employee from an independent contractor and understand the relief available to employers who misclassify employees Understand the withholding requirements for FICA and federal income taxes for Forms W-2 and 1099\, including back-up withholding Examine employer requirements regarding Form W-4 Understand the gig economy and the payroll tax responsibilities associated with it \nMajor Subjects\nStatutory employees\, independent contractors\, and possible changes to Sect 530 relief Using SS-8 Payroll Tax Penalties;– Who is a responsible person? Forms W-2\, 1099\, 1099-NEC\, SS-8\, W-4\, 941\, and Form 940 reporting/deposit requirements and due dates Understanding payroll tax responsibilities in the gig economy \nInstructions\nNone URL:https://sc.cpa/event/sstx148-25-surgents-guide-to-payroll-taxes-and-1099-issues/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212516Z LAST-MODIFIED:20250401T035809Z UID:10004480-1751284800-1751284800@sc.cpa SUMMARY:(SSAA195/25) Surgent's FASB Accounting Standards Update DESCRIPTION:Event Description\nDesigned to keep you up to date on recent activity of the Financial Accounting Standards Board (FASB)\, this course will summarize recently issued Accounting Standards Updates (ASUs) issued by the FASB in 2020 and 2021 year to date. The course will discuss the main provisions of the ASU\, application guidance\, and information on transition and the effective dates for the new ASU. This course is the place to go to stay current on all FASB-related matters. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\nRecall recently issued ASUs of greatest significance to smaller and medium-sized entities Identify items on the FASB’s technical agenda \nMajor Subjects\nFASB Accounting Standards Updates issued in 2020 and 2021 to date Items on which the PCC is consulting; Projects on the FASB’s Technical Agenda \nInstructions\nNone URL:https://sc.cpa/event/ssaa195-25-surgents-fasb-accounting-standards-update/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212605Z LAST-MODIFIED:20250401T040427Z UID:10004481-1751284800-1751284800@sc.cpa SUMMARY:(SSTX123/25) The Best Individual Income Tax Update Course by Surgent DESCRIPTION:Event Description\nThis highly informative course comprehensively covers all the latest tax law developments. The focus is on individual taxation and discussion of the planning opportunities practitioners need to understand to help clients respond effectively. You will come away from the course with the up-to-date knowledge to educate your individual tax clients and implement tax-saving ideas that will serve their ever-evolving needs. This course is continually updated to reflect enacted legislation. Please Note: Due to content overlap\, it is recommended that this course NOT be taken together with BFTU. \nDesigned For\nAll tax practitioners\, both those working in public accounting as well as those in private industry\, who need the latest information on tax changes affecting their individual clients \nObjectives\nUnderstand strategies and tactics to use in light of new legislation Understand the most current guidance on retirement planning Understand how to nail down valuable deductions and other reductions to the tax base \nMajor Subjects\nComprehensive coverage of the Inflation Reduction Act\, including: The Clean Vehicle Credit\, Credit for Previously Owned Clean Vehicles\, Credit for Qualified Commercial Clean Vehicles\, Residential Clean Energy Credit\, Energy Efficient Home Improvement Credit\, Premium Tax Credit\, and Prevailing Wage and Apprenticeship Requirements Comprehensive coverage of the SECURE 2.0 Act\, including: Expanding Enrollment in Retirement Plans\, Increase in Age for Required Beginning Date for Mandatory Distributions\, New Exceptions to Penalty-Free Withdrawal from Retirement Plans\, and recent IRS guidance Timely coverage of breaking tax legislation New Form 1099-K reporting requirements Detailed analysis and examples of Sale of Passthrough Entity Interest and Net Investment Income Tax Residency and Domicile Selling a principal residence\, including tax planning strategies Real Estate professional requirements Virtual currency\, including recent developments regarding NFTs\, new Form 1099-DA\, and recently released proposed regulations regarding new IIJA broker reporting requirements Review of pertinent cases and rulings affecting taxpayers Practice aids\, including all the numbers applicable for the current year — inflation-adjusted amounts\, mileage rates\, retirement contributions\, and more Advanced practice\, reporting\, and other issues intertwined with advanced planning and discussion ideas \nInstructions\nNone URL:https://sc.cpa/event/sstx123-25-the-best-individual-income-tax-update-course-by-surgent/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212612Z LAST-MODIFIED:20250401T033710Z UID:10004482-1751284800-1751284800@sc.cpa SUMMARY:(SSMG135/25) Surgent's Microsoftr Excelr 2016: Useful Functions for CPAs DESCRIPTION:Event Description\nThis course guides you through creating formulas using Financial\, Date & Time\, Math & Trig\, Statistical\, Lookup & Reference\, Database\, Text and Logical functions. \nDesigned For\nExperienced Excel 2016 users\, or experienced Excel users switching from earlier versions. \nObjectives\nIdentify multiple ways to create a formula using one or more functions; Select Financial functions to calculate the internal rate of return\, net present value\, future value\, present value\, payment and depreciation; Select Date & Time functions to insert date and time components; Select Math & Trig functions to calculate the sum of a range of numbers; find a random number and the positive square root of a number; and round calculations to a specific number of places; Select Statistical functions to find the average\, maximum\, minimum\, count\, median and mode of a range of numbers plus the top five numbers; Select Lookup & Reference functions to find specific data and document worksheet formulas; Select specific criteria and Database functions to calculate the sum\, average\, maximum value\, minimum value and number of cells containing numbers in a database field; Select Text functions to improve worksheet appearance; and Select Logical functions to perform calculations based on one or more tests. \nMajor Subjects\nIRR\, NPV\, FV\, PV\, PMT\, SLN\, SYD\, and DB Financial functions; NOW\, TODAY\, DATE\, MONTH\, DAY\, YEAR\, TIME\, HOUR\, MINUTE\, SECOND\, WEEKDAY\, and NETWORKDAYS Date and Time functions; SUM\, RAND\, SQRT\, and ROUND Math and Trig functions; AVERAGE\, MAX\, MIN\, COUNT\, MEDIAN\, MODE.SNGL\, and LARGE Statistical functions; VLOOKUP\, HLOOKUP\, and FORMULATEXT Lookup and Reference functions; DSUM\, DCOUNT\, DAVERAGE\, DMIN\, and DMAX Database functions; PROPER\, SUBSTITUTE\, and LOWER Text functions; and IF\, AND\, and IFNA Logical functions. \nInstructions\nNone URL:https://sc.cpa/event/ssmg135-25-surgents-microsoftr-excelr-2016-useful-functions-for-cpas/ LOCATION:SC CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212614Z LAST-MODIFIED:20250401T033119Z UID:10004483-1751284800-1751284800@sc.cpa SUMMARY:(SSTX263/25) Surgent's Weekly Expert Hour (Original Air Date: 8/19/21) 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\nElection used in determining whether an entity is a syndicate Tax Pro Account Revenue Procedure 2021-33 Notice 2021-49; Guidance on the ERTC \nInstructions\nNone URL:https://sc.cpa/event/sstx263-25-surgents-weekly-expert-hour-original-air-date-8-19-21/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212617Z LAST-MODIFIED:20250401T034514Z UID:10004484-1751284800-1751284800@sc.cpa SUMMARY:(SSTX175/25) Surgent's What Tax Practitioners Need to Know About Medicare DESCRIPTION:Event Description\nWhen the first cohort of Baby Boomers turned age 65 several years ago\, tax advisors began to be bombarded with questions concerning all facets of Medicare. How does Medicare work? How do I apply? How much does it cost? Is Medicare optional or required? This program provides a basic introduction to the Medicare program and covers many of the areas of the Medicare program that clients are most interested in. If you\, or some of your clients\, have questions relating to Medicare\, this program is a must for you. \nDesigned For\nTax practitioners who currently advise or who anticipate advising clients with respect to Medicare enrollment and/or Medicare coverage issues \nObjectives\nUnderstand who is eligible for Medicare Determine whether an individual will have to pay a surtax for Medicare Part B and Part D coverage Ascertain whether private or spousal insurance options are preferable to Medicare \nMajor Subjects\nEligibility for Medicare How to apply for Medicare Introduction to Parts A\, B\, C\, and D of Medicare Payments for Parts B and D of Medicare: the higher costs imposed on higher income beneficiaries Late enrollment penalties Medicare Advantage in lieu of original Medicare The Affordable Care Act’s impact on Medicare Current and late breaking legislative and regulatory developments \nInstructions\nNone URL:https://sc.cpa/event/sstx175-25-surgents-what-tax-practitioners-need-to-know-about-medicare/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212705Z LAST-MODIFIED:20250401T040612Z UID:10004485-1751284800-1751284800@sc.cpa SUMMARY:(SSOT104/25) Surgent's Lessons Learned From Recent Accounting Malpractice Actions DESCRIPTION:Event Description\nRecent economic volatility has created added stress on accounting and finance professionals and their clients. When individuals or businesses lose money\, they often blame others for their misfortune. Business disputes can sometimes lead to accounting malpractice claims. Understanding the most common types of accounting malpractice claims provides a roadmap of what not to do. This course provides a current overview of accounting malpractice litigation throughout the United States. The goal is to learn about the types of claims asserted against CPA firms and strategies to employ to avoid such claims. Reviewing malpractice claims allows us to identify patterns of behavior that may reduce litigation risk. \nDesigned For\nAccounting or financial service professionals who seek to gain a better understanding of current accounting malpractice claims and steps to avoid claims in the future \nObjectives\nIdentify high risk activities to avoid Recognize common defenses to malpractice claims Be well versed in standards of professional conduct Understand the litigation process for malpractice claims \nMajor Subjects\nCommon instances of accounting malpractice Current claim trends Frequent defenses to claims Statute of limitations Damages Claims by practice area \nInstructions\nNone URL:https://sc.cpa/event/ssot104-25-surgents-lessons-learned-from-recent-accounting-malpractice-actions/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212711Z LAST-MODIFIED:20250401T034517Z UID:10004486-1751284800-1751284800@sc.cpa SUMMARY:(SSTX252/25) Surgent's Weekly Expert Hour (Original Air Date: 10/21/21) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format. Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. Please Note: CFP credit is not available for this course in 2021. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nLegislative update (as of 10/21/21) TIGTA report #2021-30-042 Tax aspects of selling a home \nInstructions\nNone URL:https://sc.cpa/event/sstx252-25-surgents-weekly-expert-hour-original-air-date-10-21-21/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212712Z LAST-MODIFIED:20250401T040618Z UID:10004487-1751284800-1751284800@sc.cpa SUMMARY:(SSTX177/25) Surgent's The Essential Multistate Tax Update DESCRIPTION:Event Description\nWith the largest overhaul of the federal income tax code in 30 years and the repeal of the physical presence nexus standards for sales tax in the Wayfair case\, the states are working fast and furious to overhaul their tax laws. As some states scramble to fund their budgets\, they continue to look for additional forms of revenue. Plan to attend this fast-paced class that covers developing topics in state taxation\, ranging from individuals to pass-through entities to corporate taxpayers. This class will focus on issues of small and middle-market companies and offer guidance for minimizing tax liability and negotiating the treacherous waters of compliance. \nDesigned For\nAccountants who want an update on current multistate tax issues to minimize clients’ potential state and local tax liability \nObjectives\nUnderstand changes in state statutes\, regulations and case law Determine how the states will treat changes under the Tax Cuts and Jobs Act Identify areas that may require additional attention for state tax planning purposes Identify areas that may be costly for employers or clients Understand the who\, what\, when\, and where of nexus for income and sales tax \nMajor Subjects\nEmployees working in multiple states: Withholding issues (when to start and where to withhold) special issues depending on type of tax assessed in the state or locality Emerging sales tax topics: Elimination of the physical presence standard in determining nexus (Wayfair case); economic nexus for remote sellers; assisting remote sellers in determining a plan of action in states that enforce economic nexus Emerging compliance issues in the new sales tax economy Income Tax (and other forms of tax): Economic nexus (taxation without physical presence) Will states shift away from income tax and increase reliance on sales tax after Wayfair? Treatment of Tax Cuts and Jobs Act by the states: presence of intangible property; is P.L. 86-272 still valid? Pass-through problems: Nexus issues for interest owners Treatment of the 199A deduction for pass through entities by states: Withholding issues Practical considerations in dealing with multistate taxation: Dealing with state nexus questionnaires When to consider voluntary compliance: Responsibility of officers\, members\, partners\, and shareholders; planning ideas and opportunities; updates on pending federal legislation relative to state tax \nInstructions\nNone URL:https://sc.cpa/event/sstx177-25-surgents-the-essential-multistate-tax-update/ LOCATION:SC CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212713Z LAST-MODIFIED:20250401T034521Z UID:10004488-1751284800-1751284800@sc.cpa SUMMARY:(SSTX128/25) Surgent's Choosing the Right Business Entity DESCRIPTION:Event Description\nThe business structure a client chooses influences virtually everything: day-to-day operations\, taxes\, how much of their personal assets are at risk\, and more. For this and many other reasons\, it is critical that a client choose a business structure that gives the right balance of legal protections and benefits.From a tax perspective\, in terms of selecting an entity to do business in\, the universe shifted with the Tax Cuts and Jobs Act enacted at the end of 2017. The tax rate for C corporations was lowered to 21% and the 199A deduction offered pass-through entities the chance to significantly lower the rate at which they are taxed. But how do all these options work and which option is best for what business? Those questions are at the heart of this webinar. In this program\, we discuss whether there is a “best entity” for our clients. We all know that re-examining choice of entity determination is at the top of the agenda for client meetings during and after the 2022 tax season because clients continue to want reassurance that they have the most tax-efficient entity. This program will equip you with the knowledge and insights you need to lead those discussions. \nDesigned For\nTax practitioners seeking to understand the issues that impact choice-of-entity determinations for 2022 \nObjectives\nHelp clients choose the tax entity that is most advantageous to them in 2022 \nMajor Subjects\nWhy businesses operate as C corporations Why businesses operate as pass-through entities Converting to a C corporation in 2022 How and why to adopt S corporation status Tax and business situations that impact entity selection \nInstructions\nNone URL:https://sc.cpa/event/sstx128-25-surgents-choosing-the-right-business-entity/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212714Z LAST-MODIFIED:20250401T025916Z UID:10004489-1751284800-1751284800@sc.cpa SUMMARY:(SSTE117/25) Surgent's Data Security: Best Practices to Protect Your Business and Yourself DESCRIPTION:Event Description\nData security is a front-of-mind topic for most businesses because the risk and cost statistics are sobering. Each of us is in the crosshairs because a typical internet-connected computer faces a cyberattack every 39 seconds. Businesses of all sizes should be cognizant of the ethical issues that must be considered when planning their approach to privacy and data security. In this webinar\, we will explore both the risks we have traditionally faced in the workplace personally\, as well as the novel set of data privacy threats and compliance challenge issues employers face with a remote and mobile workforce. \nDesigned For\nAnyone responsible for designing or implementing data security policies for their company or firm or anyone who wants to better understand the current data privacy threats for individuals and businesses \nObjectives\nPlan an effective approach to privacy and data security in the workplace as well as for the remote workforce Explain common data privacy risks and threats faced today by both individuals and businesses \nMajor Subjects\nEthical duty to safeguard employee\, client\, and litigant data Common threats\, including phishing\, ransomware\, and bad password management Security management of business and personal electronic devices Best practices for creating and securing passwords Insight into how our personal information is exploited in our daily lives \nInstructions\nNone URL:https://sc.cpa/event/sste117-25-surgents-data-security-best-practices-to-protect-your-business-and-yourself/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212814Z LAST-MODIFIED:20250401T045316Z UID:10004490-1751284800-1751284800@sc.cpa SUMMARY:(SSTX196/25) Surgent's Taxation of Partnership Distributions and Sales of Partnership Interests DESCRIPTION:Event Description\nThis program focuses on two parts of Subchapter K\, partnership distributions and sales of partnership interests – topics that tax practitioners are often asked about by clients.Tax practitioners are called upon to advise both the partnership which makes distributions and the partners receiving the distributions regarding the tax consequences of these transactions. Additionally\, tax practitioners will be deeply involved in decisions regarding the sale and purchase of a partnership interest. These topics are thoroughly covered in this program. The presenters also discuss several types of partnership distributions and the tax rules relating to them\, as well as analyze the tax rules relating to the sale of a partnership interest. Tax practitioners will be given an in-depth analysis of these complex topics\, so that they can effectively answer their clients’ questions. \nDesigned For\nAccounting and finance professionals seeking to gain a deeper understanding of partnership distributions/sales \nObjectives\nBe familiar with the complex issues related to partnership distributions and sales Advise individual and business clients regarding these practice issues \nMajor Subjects\nTypes of partnership distributions Liquidating partnership distributions Basis of property distributed by a partnership Special basis adjustments under Section 732(d) Abandoned and worthless partnership interests Section 751(a) exchange Transactions between partners and their partnerships Disguised sales Section 736(a) and (b) payments \nInstructions\nNone URL:https://sc.cpa/event/sstx196-25-surgents-taxation-of-partnership-distributions-and-sales-of-partnership-interests/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212906Z LAST-MODIFIED:20250401T050510Z UID:10004491-1751284800-1751284800@sc.cpa SUMMARY:(SSAA210/25) 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. Specifically\, the course will review recently issued FASB standards on leases and provide an update on the status of ASC 842 implementation and other hot button accounting issues\, such as what is on the FASB’s technical agenda. 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\nBe aware of recent private company standard setting activities Review the latest FASB Accounting Standards Updates (ASUs) Understand the new lease accounting guidance found in Topic 842\, Leases Recall key provisions of recently issued FASB Updates \nMajor Subjects\nPrivate company standard setting activities Recent FASB Accounting Standards Updates (ASUs) Topic 842\, Leases ASC 326: CECL \nInstructions\nNone URL:https://sc.cpa/event/ssaa210-25-surgents-annual-fasb-update-and-review/ LOCATION:SC CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212910Z LAST-MODIFIED:20250401T034317Z UID:10004492-1751284800-1751284800@sc.cpa SUMMARY:(SSOT109/25) Surgent's Build Professional Relationships to Enhance Your Career-Authentic Networking DESCRIPTION:Event Description\nNetworking can be a game changer but is too often viewed as a self- promotion tool that is not natural for most people. When one flips the context and instead views it as a way to help and support others while also improving professional relationships and ultimately enhancing career opportunities\, the results are undeniable! This seminar provides participants with techniques to feel comfortable and confident in every networking setting from large conferences to one-on-one encounters. Both external and internal (within the company or firm) strategies are covered. \nDesigned For\nAnyone in the accounting or financial service professions interested in learning how to build and sustain long term professional relationships and connections for career success. \nObjectives\nUnderstand the three components of effective networking: preparation\, participation\, and follow-up; Know how to build a business network in the workplace and industry Understand the mechanics of retaining and reinforcing existing professional relationships \nMajor Subjects\nThe psychology of perception Preparation checklist for networking Presenting your best self Perception management Preparing oneself for networking Setting expectations and limits Seamless self-introductions How to introduce others Overcoming anxiety How to start conversations Situational questions The art of conversation flow Listening skills Topics to avoid Graceful exits Body language Navigating large events/conferences One-on-one meetings Cocktail party etiquette Remembering names Strategies for introverts Follow up recommendations How to maintain and sustain relationships long term \nInstructions\nNone URL:https://sc.cpa/event/ssot109-25-surgents-build-professional-relationships-to-enhance-your-career-authentic-networking/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T192807 CREATED:20250331T212913Z LAST-MODIFIED:20250401T045918Z UID:10004493-1751284800-1751284800@sc.cpa SUMMARY:(SSAA144/25) Surgent's Going Concern Considerations in the COVID-19 Environment DESCRIPTION:Event Description\nOf all the financial reporting impacts related to COVID-19\, financial statement disclosure and accountants’ reporting when substantial doubt about an entity’s ability to continue as a going concern is likely to continue for several reporting cycles. In this course\, we’ll review the accounting disclosure guidance related to going concern considerations found in ASC 205-40\, and provide actual client examples when substantial doubt exists and it has and has not been alleviated by management’s plans.Further\, the course will cover auditors’ responsibilities related to going concern as well as those of the accountant in SSARS engagements. The course will cover standard audit procedures\, which an accountant would likely perform regarding management’s mitigation plans\, as well as review when and how an accountant in a review engagement would assess management’s plans to alleviate the going concern risk. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\nRecall accounting and reporting issues related to going concern considerations and the COVID-19 pandemic Apply FASB and AICPA guidance to client situations \nMajor Subjects\nFASB guidance in ASC 205-40 regarding required disclosures when substantial doubt about an entity’s ability to continue as a going concern exists Sample disclosures under ASC 205-40 Accountant’s reporting considerations when substantial doubt exists \nInstructions\nNone URL:https://sc.cpa/event/ssaa144-25-surgents-going-concern-considerations-in-the-covid-19-environment/ LOCATION:SC CATEGORIES:Self-Study Video END:VEVENT END:VCALENDAR