MCLU17: CPE Mountain Cluster

Description

Improve your view on the latest accounting updates and information by joining us in scenic Asheville for NCACPA’s Mountain Cluster! Enjoy a delightful fall getaway and the fresh mountain air, while taking advantage of the quality CPE offerings delivered by expert presenters and educators. Don’t miss this opportunity!
 
As an added option, join us the day prior to the conference for the 2017 Federal Tax Update Seminar with Don Farmer:
 
Seminar requires separate registration.
 

Objective

The 2017 Mountain Cluster includes high-level sessions to equip attendees in becoming a successful leaders within their organizations. Attendees will also select from four distinct learning tracks including Tax, Accounting & Auditing, Not for Profit/Government, and Management/Personal Development designed to enhance work performance.

Highlights

See individual session descriptions

Who Should Attend

See individual session descriptions

Required Knowledge

See individual session descriptions

Advanced Prep

None

Event Speaker(s)

Leah Donti ( 9044-8507 Quebec, Inc., Laval, Quebec, ), Jack Georger ( AICPA, Lewisville, TX ), Mr. Jay Giannantonio ( AICPA, Durham, NC ), Stephen Renberg ( AICPA, Durham, NC ),

Additional Event Information

Accommodations
Renaissance Asheville Hotel
800-468-3571

Please use the following link to book in NCACPA's room block:
Click here to book your room.

Discounted Reservation Cut-off Date: October 4, 2017
Room Rates: $199 for King or two (2) Queen Beds

Discounted room rate available for rooms booked within the time frame of October 30, 2017–November 2, 2017, based on availability.

Onsite Information
Registration/Continental Breakfast: 7:15–8:00 am. Sessions begin at 8:00 am.

Lunch will be provided for all participants who are registered for both the sessions immediately before and following the lunch break.

Download Your Materials Before You Arrive Onsite!
Cluster materials will be distributed electronically to registrants 3 business days in advance of the program. You may download your materials to a laptop, tablet, or e-reader, or print them. It’s up to you how you choose to view the materials. Printed materials will not be available on site. Downloading in advance is recommended.

Price Per Session:
                          Early Bird        Regular
Member            $125                 $150
Non-Member    $175                 $200
 
 


Sessions

Wednesday, November 1, 2017 (8:00 am–11:45 am ET)

1A: Health Care Reform Act—Critical Tax & Insurance Ramifications
Stephen Renberg ( AICPA, Durham, NC ),

The Health Care Reform Act continues to be phased in this year and in future years. This seminar will help you better understand the impact of the act so you can describe to your clients how healthcare and paying for coverage will change in the future. In addition, you’ll discover how to use this information for tax-planning opportunities. This topic is constantly changing so make sure you’re up-to-date on the latest information.
 
Level: Basic

Field of Study: Taxes

Wednesday, November 1, 2017 (8:00 am–11:45 am ET)

1B: Detect & Prevent the Most Common Financial Statement & Asset Fraud Schemes
Leah Donti ( 9044-8507 Quebec, Inc., Laval, Quebec, ),

Many costly fraudulent schemes have occurred repeatedly throughout the past several decades. Why do these material fraud schemes continue to succeed? Is this due to failures of properly designed internal controls? Could the internal controls be adequate but not complied with? This course provides descriptions of how the most common types of financial statement and misappropriation of asset fraud schemes are detected. Cost-effective internal controls that can be implemented to prevent these schemes are provided. Classic and contemporary real-world fraud cases are reviewed in detail to reinforce how these schemes are perpetrated, both due to internal control failures and other factors. Red flags that might possibly be indicative of these fraud schemes are addressed.
 
Level: Intermediate

Field of Study: Auditing

Wednesday, November 1, 2017 (8:00 am–11:45 am ET)

1C: Controller's Update—Today's Latest Trends
Mr. Jay Giannantonio ( AICPA, Durham, NC ),

Strengthen your abilities as a controller and help your management team understand current economic issues through the latest trends in accounting, finance, human resources, treasury management, and business systems. In this course you will discuss leading-edge topics in managerial accounting and finance in a session that is packed with useful tips and practical guidance that you can apply immediately.
 
Level: Update

Field of Study: Finance

Wednesday, November 1, 2017 (8:00 am–11:45 am ET)

1D: Not-for-Profit Organizations—Key Accounting & Reporting Considerations
Jack Georger ( AICPA, Lewisville, TX ),

This course provides you with the tools necessary to enhance your not-for-profit accounting skills and create value-added services to clients. We take you beyond the theory through a case-study-intense, highly interactive, classroom environment where you will examine, evaluate, and perform case studies enhancing your working knowledge of fundamental not-for-profit accounting and reporting.
 
Level: Intermediate

Field of Study: Accounting (Governmental)

Wednesday, November 1, 2017 (12:15 pm–4:00 pm ET)

2A: Tax Consequences & Reporting Issues of LLCs, LLPs, LPs, & Other Partnerships
Stephen Renberg ( AICPA, Durham, NC ),

Is LLC and partnership taxation something new to you? Perhaps you have worked in this area for years but need a quick review of the fundamental concepts? Build a foundation of knowledge or freshen up your skills. This course addresses the tax consequences of the most common transactions engaged in by LLCs and partnerships. Develop a level of comfort with the basic conceptual framework underlying partnership and LLC taxation, with an emphasis on explaining the tax consequences associated with issues that are most frequently confronted by tax practitioners.
 
Level: Basic

Field of Study: Taxes

Wednesday, November 1, 2017 (12:15 pm–4:00 pm ET)

2B: Accounting & Auditing Update
Leah Donti ( 9044-8507 Quebec, Inc., Laval, Quebec, ),

Keep abreast of the fast-paced changes in accounting and auditing. This comprehensive course covers all the relevant pronouncements, exposure drafts, and other guidance recently issued in the accounting and auditing arenas. Let us sort through all of the complexities and help you identify and apply recently issued FASB and ASB standards and guidance. With the rate of change in today’s regulatory environment, you must stay current on all of the topics impacting the profession—don’t get left behind!
 
Level: Basic

Field of Study: Accounting

Wednesday, November 1, 2017 (12:15 pm–4:00 pm ET)

2C: Financial Forecasting—Planning for Success
Mr. Jay Giannantonio ( AICPA, Durham, NC ),

Proper planning is the key to the success of any company. With CPAs constantly being asked to plan a company’s future, forecasting is one area to demonstrate your special value. This course provides the tools necessary to project the balance sheet and statements of income and cash flow. Determine the company’s maximum sustainable growth and predict its external fund requirements.
 
Level: Basic

Field of Study: Finance

Wednesday, November 1, 2017 (12:15 pm–4:00 pm ET)

2D: Frequent Frauds Found in Not-for-Profits
Jack Georger ( AICPA, Lewisville, TX ),

What are some of the common frauds that occur in not-for-profit organizations and how could they have been avoided? Through an informative case study approach, this course illustrates common frauds that make headlines and damage the reputations of not-for-profit organizations. Rather than speaking generically about fraud, this course analyzes several common frauds that occur in the not-for-profit sector. Recognizing fraudulent or deceptive practices is not always easy, but this course will sharpen your forensic skills with techniques to help you to uncover fraudulent activities in the not-for-profit environment.
 
Level: Intermediate

Field of Study: Auditing (Governmental)

Thursday, November 2, 2017 (8:00 am–11:45 am ET)

3A: Social Security & Medicare—Maximizing Retirement Benefits
Stephen Renberg ( AICPA, Durham, NC ),

Our Social Security system provides retirement, disability, and survivor benefits to millions of Americans. The long-term future of Social Security and Medicare is uncertain, triggering concerns for many workers who are now paying into the system. Attend this course to learn about FICA, the Medicare tax, and more. You will cover real-world situations and use the tools provided to advise your clients to make optimal decisions when it comes to Social Security and Medicare.
 
Level: Intermediate

Field of Study: Taxes

Thursday, November 2, 2017 (8:00 am–11:45 am ET)

3B: The Bottom Line on the New Lease Accounting Requirements
Leah Donti ( 9044-8507 Quebec, Inc., Laval, Quebec, ),

Top off your knowledge of the leasing requirements under the new standard. Review basic identification, recognition, measurement, presentation and disclosure requirements. Case sudies are included to illustrate application of the new standard. Explore the lessee accounting model, including lease classification, amortization of the right-of-use asset, and interest on the lease liability. This course also discusses the lessor accounting model, including profit recognition and collectability.
 
Level: Intermediate

Field of Study: Accounting

Thursday, November 2, 2017 (8:00 am–11:45 am ET)

3C: Lean Accounting & Management—Saving Money by Streamlining Operations
Mr. Jay Giannantonio ( AICPA, Durham, NC ),

Companies using lean accounting have better information for decision making, have simple and timely reports that are clearly understood by everyone in the company, and they focus their business around the value created from their customers. Learn to minimize waste and create wealth in your organization through a lean accounting and management approach that improves profitability by streamlining operations. Provide customer value through target-costing and eliminate waste through value-stream management. Improve flow through capacity management. Achieve perfection through continuous process improvement. Those in both manufacturing and service industries can benefit from the techniques presented in this course.
 
Level: Advanced

Field of Study: Finance

Thursday, November 2, 2017 (8:00 am–11:45 am ET)

3D: Annual Update for Governments & Not-for-Profits
Jack Georger ( AICPA, Lewisville, TX ),

Catch up on the latest developments in accounting and auditing for state and local governments and not-for-profits in a power-packed four-hour session. You will review recent activities of the OMB, GAO, AICPA, GASB, and FASB, and also get a feel for significant projects that these organizations are working on for the future.
 
Level: Update

Field of Study: Accounting (Governmental), Auditing

Thursday, November 2, 2017 (12:15 pm–4:00 pm ET)

4A: Hot Tax Planning Developments Under the Current Tax Law
Stephen Renberg ( AICPA, Durham, NC ),

Are you up-to-date on the latest tax planning developments for 2017? This course explores the hottest tax-planning topics which will impact you and your clients. Discover how these topics may impact tax-planning strategies and be in a position to help minimize your client’s tax bill.
 
Level: Intermediate

Field of Study: Taxes

Thursday, November 2, 2017 (12:15 pm–4:00 pm ET)

4B: Preparation, Compilation & Review Engagements—Update & Review
Leah Donti ( 9044-8507 Quebec, Inc., Laval, Quebec, ),

If you supervise preparation, compilation, and review engagements, this course will help you comply with the professional standards by informing you of the latest developments and issues relevant to these engagements. Learn about the U.S. business economy, peer review, FASB updates, International Financial Reporting Standards, and other areas affecting preparation, compilation, and review engagements.
 
Level: Update

Field of Study: Auditing

Thursday, November 2, 2017 (12:15 pm–4:00 pm ET)

4C: Risk, Cost, & Cash Management for Controllers & Financial Managers
Mr. Jay Giannantonio ( AICPA, Durham, NC ),

When an organization fails, it is usually due to several factors. These often result from a number of undetected, poor practices that infect and grow throughout the entire organization. They can include a lack of understanding of costs, poor asset allocation, systems that support the status quo, failure to identify risk, tunnel vision by management, and so on. Often, management will repeat poor practices across the enterprise. For example, do you think a so-called “budgeting crisis” is normally due to the budget, or actually hidden, existing problems that were uncovered due to the budgeting process? This course demonstrates the use of practices and techniques specifically designed to assist CPAs and other financial professionals in adding value to their company through improved decision-making, cost management, understanding business cycles, managing continuous improvements, cash management, and risk management. Examples of actions by both successful and failed organizations are used throughout the session.
 
Level: Intermediate

Field of Study: Management Advisory Services

Thursday, November 2, 2017 (12:15 pm–4:00 pm ET)

4D: Yellow Book Financial Audits
Jack Georger ( AICPA, Lewisville, TX ),

Do you perform financial statement audits in accordance with the Yellow Book? This course provides an excellent baseline of information for accountants in understanding the requirements related to performing and audit under the Yellow Book. It is essential that all auditors planning and conducting financial audits in accordance with Generally Accepted Government Auditing Standards (GAGAS, GAS, or simply the “Yellow Book”) understand and be able to discern key concepts and standards accordingly in executing their responsibilities.
 
Level: Basic

Field of Study: Auditing (Governmental)

Friday, November 3, 2017 (8:00 am–11:45 am ET)

5A: Reviewing Individual Tax Returns—What Are You Missing?
Stephen Renberg ( AICPA, Durham, NC ),

Join us as we discuss the common errors practitioners make on individual tax returns that are often missed by review staff. The intent is to sharpen skills for reviewers by examining case studies and discussing issues where additional information from the client may be warranted and areas of tax law where proper treatment requires additional analysis and information. Multiple issues will be discussed including pass-thru K-1s, home office issues, hobby losses, rental property, hiring spouses, depreciation, §179 issues, amortization, and more! This course follows a highly illustrative case study format to increase participant comprehension and retention.
 
Level: Intermediate

Field of Study: Taxes

Friday, November 3, 2017 (8:00 am–11:45 am ET)

5B: U.S. GAAP—Latest Developments for Business & Industry
Leah Donti ( 9044-8507 Quebec, Inc., Laval, Quebec, ),

This course includes GAAP financial accounting and reporting topics in conjunction with an overview of select recent FASB pronouncements. Applicable to a broad cross section of CPAs, this course focuses on key issues for CPAs in business and industry. Utilizing detailed descriptions and examples of how to implement the new standards, this course instructs you on how to assess key new and recent FASB guidance having a major effect on all industries. It will allow you to gain an understanding of select pronouncements and exposure documents, and how to develop implementation strategies.
 
Level: Update

Field of Study: Accounting


Share This Event

Event Vendor:AICPA
Field of Study:Accounting, Accounting (Governmental), Auditing, Auditing (Governmental), Finance, Management Advisory Services, Taxes, Various
Level: Update

Event Type:Seminar
Event Code:MCLU17

Registration Fees

Early Bird Rate expires October 18, 2017

Registration Fee Early Bird Regular
NCACPA Member – See Individual Sessions for Pricing $0.00 $0.00
Non-Member – See Individual Sessions for Pricing $0.00 $0.00
Other CPA State Society Member – See Individual Sessions for Pricing $0.00 $0.00