Mountains of learning awaits you in Asheville
OCTOBER 26-28, 2022
Renaissance Asheville Hotel
Event Agenda
NCACPA’s 2022 in-person CPE Mountain Cluster is designed to meet the diverse demands of your job—with specific updates in North Carolina’s business and economic trends, technology, A&A, tax, fraud, and personal development. It’s specifically developed to give you key knowledge to take back to your organization.
A variety of topics will span three tracks: accounting & auditing, tax, and industry. The program’s format is broken up into affordable, four-hour sessions for you to choose from and tailor to your curriculum needs.
Wednesday, October 26, 2022
8:00–11:45 am
Concurrent Sessions
Marci Thomas, CPA, MHA
Kaplan, Inc.
1A: Case Studies in Revenue Recognition for NFP
Peer reviewers have noted that even though ASC 606, Revenue Recognition, and ASU 2018-08 dealing with conditional and unconditional contributions have been effective for a couple of years, firms are still having challenges with them. This may be because the FASB presents examples that are easy to understand and follow but the transactions that not for profits enter into are not straightforward.
This session presents case studies illustrating many of the challenges that peer reviewers, auditors, and clients have shared since the standards became effective.
More about Marci
Marci Thomas, CPA, MHA
Kaplan, Inc.
Marci Thomas, CPA, MHA, CGMA is an author and presenter on various nonprofit, healthcare, and governmental topics to nonprofits, CPA firms, and state societies of CPAs around the country. Marci is a clinical assistant professor in the School of Public Health at the University of North Carolina at Chapel Hill. She teaches courses in governance, financial management, grants accounting, strategy, and various operational topics. Marci works with numerous accounting firms performing quality control and efficiency reviews, and with nonprofit boards on strategic planning, internal control, and governance issues.
James Lindell
Thorsten Consulting Group, Inc.
1B: The Competent Accountant – Mastering the Controller/CFO Role
“How do you raise your skills to the next level to master the Controller or CFO role?
We will consider requisite skills that align with the CGMA Competency Framework, including Technical Accounting, Business, Leadership and People. Learn to go beyond” the financial numbers?” to” why these results occurred?” Utilize ratios to understand the business dynamics and implications for the company.to change course or take corrective action. Identify business skills, including strategy, planning, vision and trends.
We will also explore the need for people skills, including the ability to influence others, successful negotiation and communication skills. We will also discuss how to develop leadership skills that will inspire your staff and help them succeed.
More about James
James Lindell
Thorsten Consulting Group, Inc.
James (Jimmy) T. Lindell is president of a Wisconsin-based provider of strategic and financial consulting, professional speaking, training, and executive coaching. Jim has an extensive background in senior management including positions as Chief Financial Officer and Corporate Assistant Controller. Jim has worked with a variety of industries, including manufacturing, healthcare, not-for-profit, distribution, and food processing. He has been involved in more than 50 M&A projects.
Jim is a CPA with public accounting experience at several local and regional accounting firms. He is a recipient of the Certified Speaking Professional designation, the highest designation that can be earned by a member of the National Speakers Association. He is a TEC/Vistage Chairman (The Executive Committee). He is a member (and instructor) of the American Institute of CPAs and the Wisconsin Institute of CPAs, and a member of the National Speakers Association.
Jim is the author of the AICPA book Controller as Business Manager, and author of the AICPA courses: “AICPA’s Annual Update for Controllers,” “Analytics and Big Data for Accountants,” “Strategic Planning: A Simplified and Workable Approach for Private Companies,” and “AICPA’s Controllership: 25 Critical Lessons from the Trenches.” Jim also authored and was part of the AICPA video and course, “Minimizing the Effects of a Recession on Your Business.” He is a contributing author of the AICPA course “The Fast Close, Soft Close, Virtual Close? Now Days, Not Weeks.”
Jim is a seven-time recipient of the AICPA’s Outstanding Discussion Leader Award.
Jim is a member of the folk music group Deep Pool, coach of a boys’ high school rugby club, and still plays “old boys” rugby.
William Taylor, CPA
Association of International Certifed Professional Accountants
1C: Reviewing Individual Tax Returns: What Are You Missing?
The sheer mass of Internal Revenue Code provisions affecting individual taxpayers presents a considerable challenge for CPAs and tax professionals. These provisions combined with the potential for input error when utilizing the array of income tax software available, create the potential for a multitude of errors that can occur when preparing your client’s tax return.
Join us as we discuss the common errors practitioners make on individual tax returns that are often missed by review staff. Sharpen your reviewing skills by examining case studies discussing issues for which additional information from the client may be warranted, and areas of tax law that require additional analysis and information.
More about William
William F. Taylor, CPA
Association of International Certifed Professional Accountants
Bill is President of Benefit Solutions, Ltd., a benefit consulting firm, and a CPA in private practice. Since retiring as Community Bank President of Renasant Bank in Water Valley, MS. he has served as an Adjunct Assistant Professor in the MBA program at the University of Mississippi. Bill has worked in the employee benefit and investment fields for over 20 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS office of KPMG Peat Marwick and managing his own firm since 1999.
A nationally known consultant and speaker, Bill has conducted seminars for the Association of International Certified Professional Accountants, the American Society of Pension Professionals and Actuaries, more than 40 state CPA and Bar associations and other organizations. He was awarded the AICPA Outstanding Discussion Leader award for 2008. Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.
12:15–4:00 pm
Concurrent Sessions
Marci Thomas, CPA, MHA
Kaplan, Inc.
2A: Testing Internal Control and Compliance in a Single Audit and Single Audit Update
This course discusses the most important aspects of a compliance audit: identifying direct and material compliance requirements, understanding and testing of internal control, and auditing compliance. These are the areas most identified as deficiencies in peer review.
This course also presents a Single Audit Update. The Single Audit landscape is fraught with risk because of the extent of the COVID funding made available to nonprofits, governments and commercial (for profit) entities. Although commercial entities are not subject to the Single Audit Act, the COVID funding often comes with compliance and reporting requirements. We will discuss the most up to date information available at the time of the course.
More about Marci
Marci Thomas, CPA, MHA
Kaplan, Inc.
Marci Thomas, CPA, MHA, CGMA is an author and presenter on various nonprofit, healthcare, and governmental topics to nonprofits, CPA firms, and state societies of CPAs around the country. Marci is a clinical assistant professor in the School of Public Health at the University of North Carolina at Chapel Hill. She teaches courses in governance, financial management, grants accounting, strategy, and various operational topics. Marci works with numerous accounting firms performing quality control and efficiency reviews, and with nonprofit boards on strategic planning, internal control, and governance issues.
James Lindell
Thorsten Consulting Group, Inc.
2B: Business Longevity: Is Your Business Wobbling?
“Almost 50% of businesses that started five years ago are no longer operating today. Controllers and CFOs can and must influence the longevity of their organization to improve their success rate.
This session will help attendees be aware of and address your company’s and industry’s financial health. Identify your organization and industry’s business cycle. Determine that you have an executable plan. Identify key competitive, legal and technological trends that impact the company’s future success. Identify if your organization is aligned and incentivized to be successful?” Properly employed tactics can significantly reduce the wobbling effect in companies.
More about James
James Lindell
Thorsten Consulting Group, Inc.
James (Jimmy) T. Lindell is president of a Wisconsin-based provider of strategic and financial consulting, professional speaking, training, and executive coaching. Jim has an extensive background in senior management including positions as Chief Financial Officer and Corporate Assistant Controller. Jim has worked with a variety of industries, including manufacturing, healthcare, not-for-profit, distribution, and food processing. He has been involved in more than 50 M&A projects.
Jim is a CPA with public accounting experience at several local and regional accounting firms. He is a recipient of the Certified Speaking Professional designation, the highest designation that can be earned by a member of the National Speakers Association. He is a TEC/Vistage Chairman (The Executive Committee). He is a member (and instructor) of the American Institute of CPAs and the Wisconsin Institute of CPAs, and a member of the National Speakers Association.
Jim is the author of the AICPA book Controller as Business Manager, and author of the AICPA courses: “AICPA’s Annual Update for Controllers,” “Analytics and Big Data for Accountants,” “Strategic Planning: A Simplified and Workable Approach for Private Companies,” and “AICPA’s Controllership: 25 Critical Lessons from the Trenches.” Jim also authored and was part of the AICPA video and course, “Minimizing the Effects of a Recession on Your Business.” He is a contributing author of the AICPA course “The Fast Close, Soft Close, Virtual Close? Now Days, Not Weeks.”
Jim is a seven-time recipient of the AICPA’s Outstanding Discussion Leader Award.
Jim is a member of the folk music group Deep Pool, coach of a boys’ high school rugby club, and still plays “old boys” rugby.
William Taylor, CPA
Association of International Certifed Professional Accountants
2C: Reviewing S Corporation Tax Returns: What Are You Missing?
The complexity of S corporation tax law creates a formidable challenge to the tax practitioner for accurate compliance and reporting of their client’s S corporation activities. Join us as we discuss the common errors practitioners make on S corporation 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 income, deductions, K-1 reporting, and more! This course follows a highly illustrative case study format to increase participant comprehension and retention.
More about William
William F. Taylor, CPA
Association of International Certifed Professional Accountants
Bill is President of Benefit Solutions, Ltd., a benefit consulting firm, and a CPA in private practice. Since retiring as Community Bank President of Renasant Bank in Water Valley, MS. he has served as an Adjunct Assistant Professor in the MBA program at the University of Mississippi. Bill has worked in the employee benefit and investment fields for over 20 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS office of KPMG Peat Marwick and managing his own firm since 1999.
A nationally known consultant and speaker, Bill has conducted seminars for the Association of International Certified Professional Accountants, the American Society of Pension Professionals and Actuaries, more than 40 state CPA and Bar associations and other organizations. He was awarded the AICPA Outstanding Discussion Leader award for 2008. Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.
Thursday, October 27, 2022
8:00–11:45 am
Concurrent Sessions
Marci Thomas, CPA, MHA
Kaplan, Inc.
3A: Leases – It’s Almost Time: Best Practices & Lease Accounting Refresher
ASC 842, Leases, is effective for calendar year 2022. Now is the time to make sure that accountants in industry and auditors are up to speed on the standards.
This course will cover best practices in implementation as well as a lease accounting refresher.
More about Marci
Marci Thomas, CPA, MHA
Kaplan, Inc.
Marci Thomas, CPA, MHA, CGMA is an author and presenter on various nonprofit, healthcare, and governmental topics to nonprofits, CPA firms, and state societies of CPAs around the country. Marci is a clinical assistant professor in the School of Public Health at the University of North Carolina at Chapel Hill. She teaches courses in governance, financial management, grants accounting, strategy, and various operational topics. Marci works with numerous accounting firms performing quality control and efficiency reviews, and with nonprofit boards on strategic planning, internal control, and governance issues.
James Lindell
Thorsten Consulting Group, Inc.
3B: Data & Predictive Analytics, Business Intelligence
In this session, Jim helps explain how Data Analytics has become an expectation of accountants, as reporting is a base commodity and can (and must be) improved with Data Analytics in the Accounting/Finance department.
Learn how visual application can complement and sometimes outweigh traditional financial reporting. You’ll also discover the four phases of analytics and their relationship to the accounting function and career advancement, as well as how Business Intelligence impacts the accounting role for staffing, data acquisition, analysis, and machine learning.
More about James
James Lindell
Thorsten Consulting Group, Inc.
James (Jimmy) T. Lindell is president of a Wisconsin-based provider of strategic and financial consulting, professional speaking, training, and executive coaching. Jim has an extensive background in senior management including positions as Chief Financial Officer and Corporate Assistant Controller. Jim has worked with a variety of industries, including manufacturing, healthcare, not-for-profit, distribution, and food processing. He has been involved in more than 50 M&A projects.
Jim is a CPA with public accounting experience at several local and regional accounting firms. He is a recipient of the Certified Speaking Professional designation, the highest designation that can be earned by a member of the National Speakers Association. He is a TEC/Vistage Chairman (The Executive Committee). He is a member (and instructor) of the American Institute of CPAs and the Wisconsin Institute of CPAs, and a member of the National Speakers Association.
Jim is the author of the AICPA book Controller as Business Manager, and author of the AICPA courses: “AICPA’s Annual Update for Controllers,” “Analytics and Big Data for Accountants,” “Strategic Planning: A Simplified and Workable Approach for Private Companies,” and “AICPA’s Controllership: 25 Critical Lessons from the Trenches.” Jim also authored and was part of the AICPA video and course, “Minimizing the Effects of a Recession on Your Business.” He is a contributing author of the AICPA course “The Fast Close, Soft Close, Virtual Close? Now Days, Not Weeks.”
Jim is a seven-time recipient of the AICPA’s Outstanding Discussion Leader Award.
Jim is a member of the folk music group Deep Pool, coach of a boys’ high school rugby club, and still plays “old boys” rugby.
William Taylor, CPA
Association of International Certifed Professional Accountants
3C: Reviewing Partnership Tax Returns: What Are You Missing?
The partnership section of the Internal Revenue Code is arguably one of the most difficult sections to comprehend. That complexity, and the reliability of tax software to properly handle it, can create many issues for you and your staff when processing you client’s LLC and partnership tax returns.
Join us as we discuss the common errors practitioners make on partnership 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 income, deductions, K-1 reporting, and more! This course follows a highly illustrative case study format to increase participant comprehension and retention.
More about William
William F. Taylor, CPA
Association of International Certifed Professional Accountants
Bill is President of Benefit Solutions, Ltd., a benefit consulting firm, and a CPA in private practice. Since retiring as Community Bank President of Renasant Bank in Water Valley, MS. he has served as an Adjunct Assistant Professor in the MBA program at the University of Mississippi. Bill has worked in the employee benefit and investment fields for over 20 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS office of KPMG Peat Marwick and managing his own firm since 1999.
A nationally known consultant and speaker, Bill has conducted seminars for the Association of International Certified Professional Accountants, the American Society of Pension Professionals and Actuaries, more than 40 state CPA and Bar associations and other organizations. He was awarded the AICPA Outstanding Discussion Leader award for 2008. Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.
12:15–4:00 pm
Concurrent Sessions
Marci Thomas, CPA, MHA
Kaplan, Inc.
4A: New Audit Standards
The AICPA has issued 12 new standards over the last few years that have made significant changes in financial statement auditing and reporting.
This course will briefly review the standards that were effective beginning with calendar year 2021 and we will take a deeper dive into the Evidence standard, which is effective beginning with calendar year end 2022, the estimate standard, the standard on using the work of specialists and pricing services and the new risk assessment standard which are effective beginning with calendar year end 2023 and the standard on engagement quality management which is effective in 2025.
More about Marci
Marci Thomas, CPA, MHA
Kaplan, Inc.
Marci Thomas, CPA, MHA, CGMA is an author and presenter on various nonprofit, healthcare, and governmental topics to nonprofits, CPA firms, and state societies of CPAs around the country. Marci is a clinical assistant professor in the School of Public Health at the University of North Carolina at Chapel Hill. She teaches courses in governance, financial management, grants accounting, strategy, and various operational topics. Marci works with numerous accounting firms performing quality control and efficiency reviews, and with nonprofit boards on strategic planning, internal control, and governance issues.
James Lindell
Thorsten Consulting Group, Inc.
4B: Reinventing the Office Lean Management Techniques and RPA (Robotic Process Automation)
Financial managers are continually asked to do more with less. Without a practical working knowledge of lean techniques, getting the most out of your accounting operation is virtually impossible. We will discuss lean concepts and methods and how to apply these tools in the office environment. This session will also include an overview of Robotic Process Automation.
More about James
James Lindell
Thorsten Consulting Group, Inc.
James (Jimmy) T. Lindell is president of a Wisconsin-based provider of strategic and financial consulting, professional speaking, training, and executive coaching. Jim has an extensive background in senior management including positions as Chief Financial Officer and Corporate Assistant Controller. Jim has worked with a variety of industries, including manufacturing, healthcare, not-for-profit, distribution, and food processing. He has been involved in more than 50 M&A projects.
Jim is a CPA with public accounting experience at several local and regional accounting firms. He is a recipient of the Certified Speaking Professional designation, the highest designation that can be earned by a member of the National Speakers Association. He is a TEC/Vistage Chairman (The Executive Committee). He is a member (and instructor) of the American Institute of CPAs and the Wisconsin Institute of CPAs, and a member of the National Speakers Association.
Jim is the author of the AICPA book Controller as Business Manager, and author of the AICPA courses: “AICPA’s Annual Update for Controllers,” “Analytics and Big Data for Accountants,” “Strategic Planning: A Simplified and Workable Approach for Private Companies,” and “AICPA’s Controllership: 25 Critical Lessons from the Trenches.” Jim also authored and was part of the AICPA video and course, “Minimizing the Effects of a Recession on Your Business.” He is a contributing author of the AICPA course “The Fast Close, Soft Close, Virtual Close? Now Days, Not Weeks.”
Jim is a seven-time recipient of the AICPA’s Outstanding Discussion Leader Award.
Jim is a member of the folk music group Deep Pool, coach of a boys’ high school rugby club, and still plays “old boys” rugby.
William Taylor, CPA
Association of International Certifed Professional Accountants
4C: Social Security & Medicare: Maximizing Retirement Benefits
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.
More about William
William F. Taylor, CPA
Association of International Certifed Professional Accountants
Bill is President of Benefit Solutions, Ltd., a benefit consulting firm, and a CPA in private practice. Since retiring as Community Bank President of Renasant Bank in Water Valley, MS. he has served as an Adjunct Assistant Professor in the MBA program at the University of Mississippi. Bill has worked in the employee benefit and investment fields for over 20 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS office of KPMG Peat Marwick and managing his own firm since 1999.
A nationally known consultant and speaker, Bill has conducted seminars for the Association of International Certified Professional Accountants, the American Society of Pension Professionals and Actuaries, more than 40 state CPA and Bar associations and other organizations. He was awarded the AICPA Outstanding Discussion Leader award for 2008. Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.
Friday, October 28, 2022
8:00–11:45 am
Concurrent Sessions
Marci Thomas, CPA, MHA
Kaplan, Inc.
5A: Issues Frequently Noted in Peer Review & Introduction to the AICPA’S New Quality Management Standards
The AICPA has been more rigorous about monitoring quality and has become stricter on peer reviewers since it initiated its Engagement Audit Quality Initiative in 2014.
Eight years later we are still seeing numerous issues arise and many of them are related to changes in professional literature and the COVID-19 environment.
In 2022 the AICPA issued its new quality management standards that will change many of the ways firms handle their quality management. In years prior firms followed the guidance in QC 10 but beginning in 2025 they will be following SQMS 1 and 2 and SAS 146.
The standards will take some time to implement so this introduction is something you won’t want to miss.
More about Marci
Marci Thomas, CPA, MHA
Kaplan, Inc.
Marci Thomas, CPA, MHA, CGMA is an author and presenter on various nonprofit, healthcare, and governmental topics to nonprofits, CPA firms, and state societies of CPAs around the country. Marci is a clinical assistant professor in the School of Public Health at the University of North Carolina at Chapel Hill. She teaches courses in governance, financial management, grants accounting, strategy, and various operational topics. Marci works with numerous accounting firms performing quality control and efficiency reviews, and with nonprofit boards on strategic planning, internal control, and governance issues.
James Lindell
Thorsten Consulting Group, Inc.
5B: Coaching Skills for CPAs, Controllers, & Financial Managers
Professional athletes have multiple coaches – business people rarely utilize coaches. This course will focus on creating the coaching skills required to raise your employees’ performance. Included will be: Coaching Model / Strategies, Successful Communication Techniques, Root Cause Analysis, Performance Gap Analysis, Personality impact, Emotional intelligence and Probing questions.
Jim will share practical techniques he has learned and developed from 20+ years of executive coaching. He has led over 5,000 hours of executive coaching and is a professional coach for VISTAGE, the world’s leading coaching organization.
More about Jim
James Lindell
Thorsten Consulting Group, Inc.
James (Jimmy) T. Lindell is president of a Wisconsin-based provider of strategic and financial consulting, professional speaking, training, and executive coaching. Jim has an extensive background in senior management including positions as Chief Financial Officer and Corporate Assistant Controller. Jim has worked with a variety of industries, including manufacturing, healthcare, not-for-profit, distribution, and food processing. He has been involved in more than 50 M&A projects.
Jim is a CPA with public accounting experience at several local and regional accounting firms. He is a recipient of the Certified Speaking Professional designation, the highest designation that can be earned by a member of the National Speakers Association. He is a TEC/Vistage Chairman (The Executive Committee). He is a member (and instructor) of the American Institute of CPAs and the Wisconsin Institute of CPAs, and a member of the National Speakers Association.
Jim is the author of the AICPA book Controller as Business Manager, and author of the AICPA courses: “AICPA’s Annual Update for Controllers,” “Analytics and Big Data for Accountants,” “Strategic Planning: A Simplified and Workable Approach for Private Companies,” and “AICPA’s Controllership: 25 Critical Lessons from the Trenches.” Jim also authored and was part of the AICPA video and course, “Minimizing the Effects of a Recession on Your Business.” He is a contributing author of the AICPA course “The Fast Close, Soft Close, Virtual Close? Now Days, Not Weeks.”
Jim is a seven-time recipient of the AICPA’s Outstanding Discussion Leader Award.
Jim is a member of the folk music group Deep Pool, coach of a boys’ high school rugby club, and still plays “old boys” rugby.
William Taylor, CPA
Association of International Certifed Professional Accountants
5C: Individual Income & Tax Compliance Annual Update
Save time and keep current on the latest tax developments! This course covers all legislative, judicial, and IRS developments of the past year with a focus on implementation and compliance.
Discover how to effectively and confidently complete tax planning and compliance engagements. Cover current developments affecting individuals (including those regarding income, deductions and losses, tax calculations, individual credits, filing matters).
More about William
William F. Taylor, CPA
Association of International Certifed Professional Accountants
Bill is President of Benefit Solutions, Ltd., a benefit consulting firm, and a CPA in private practice. Since retiring as Community Bank President of Renasant Bank in Water Valley, MS. he has served as an Adjunct Assistant Professor in the MBA program at the University of Mississippi. Bill has worked in the employee benefit and investment fields for over 20 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS office of KPMG Peat Marwick and managing his own firm since 1999.
A nationally known consultant and speaker, Bill has conducted seminars for the Association of International Certified Professional Accountants, the American Society of Pension Professionals and Actuaries, more than 40 state CPA and Bar associations and other organizations. He was awarded the AICPA Outstanding Discussion Leader award for 2008. Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.
Secure your seat today
The Early Bird rate expires October 12, 2022.
Be sure to save $25 per session by registering by this date!
NCACPA is a NASBA-approved sponsor of continuing education.
For complete program information (course registration, learning objectives, instructional delivery methods, CPE, field of study, prerequisites, program knowledge, level, advance preparation, program description, and speaker information), please visit the event links above.
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.
For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.