CPE Catalog & Events
K2's Business Intelligence, Featuring Microsoft's Power BI Tools
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Webinar
8.00 Credits
Member Price: $270
The importance of Business Intelligence in today's business climate, Differentiating between Power BI licensing options, A hands-on approach to creating effective Power BI reports and dashboards
K2’s Top PDF Features You Should Know
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Webinar
4.00 Credits
Member Price: $180
• Best practices for creating, editing, and managing PDFs• The process for creating and distributing PDF forms• Integrating PDFs with other applications• Securing your PDFs
Individual Income and Tax Compliance Annual Update
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Webinar
4.00 Credits
Member Price: $174
IRS administrative issues, compliance, and new forms, U.S. Tax Court cases, Legislative updates.
Fiduciary Income Tax Returns - Form 1041 Workshop with Filled-in Forms
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Webinar
8.00 Credits
Member Price: $280
Classifying receipts between "income" and "corpus" under the Uniform Principal and Income Act, Calculation of DNI utilizing three different methods, a "forms" method (Schedule B), a "code" method, and a "shortcut" method, utilizing a worksheet of common income and expenses, Proper W-2 preparation and procedures in the year of death, Taxpayer passes before taking a required minimum distribution; what must be done? Forgetful fiduciaries of simple trusts, Fluctuating trusts - Simple one year, complex the next Dividing income in the year of death, Overview of Subchapter J, Form preparation issues - Filing requirements and line-by-line explanations of Form 1041, Taxable income of estates and trusts and expense allocation issues, Specific deductions and miscellaneous itemized deductions, Income in respect of a decedent, The income distribution deduction calculation, Relation of principal and income law to DNI, Understanding how to handle capital gains and losses, Allocating tax items to beneficiaries: another K-1, Other considerations: excess deductions on termination, Comprehensive DNI case study, with principal (cost and FMV) and income reconciliation, Comprehensive trust and estate case studies, with filled-in forms
This Year's Best Income Tax, Estate Tax, and Financial-Planning Ideas
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Webinar
8.00 Credits
Member Price: $280
Timely coverage of breaking tax legislation, including the SECURE 2.0 Act and Inflation Reduction Act provisions applicable to individuals, Changes to the lifetime estate tax exemption in light of proposed regulations, Considerations when selling a principal residence, Tax benefits of HSAs, An overview of the mechanics and practical considerations of Donor Advised Funds, Virtual currency, including new Notices 2023-34 and 2023-27, The best new income tax and estate-planning ideas, The changing Social Security landscape: long-term solvency issues and what it means for retirement planning, Creative charitable giving strategies Financial planning strategies, Maximizing retirement plan benefits, Using intentionally defective grantor trusts, Miscellaneous tax-planning techniques that can add up to significant tax savings, How to use the whole family for tax savings, Life insurance, Up-to-the-minute ideas reflecting new tax law changes in cases, regulations, and rulings
Pass-through and Corporate Annual Tax Update
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Webinar
4.00 Credits
Member Price: $174
Common errors made involving the following tax forms: Strategies for tax savings, Business entity changes, IRS administrative issues, compliance, and new forms, Court cases settled in the last year that provide tax return guidance, Position authority, IRS rulings, procedures, and notices for the last year, New, updated, and expiring tax deductions and credits.
K2's Case Studies In Fraud And Technology Controls
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Webinar
8.00 Credits
Member Price: $270
Key fraud risks impacting businesses today, Examples of fraud and the monetary impact on victims, How to create, implement, and assess technology-based internal controls to reduce the probability of becoming a fraud victim
Cybersecurity Issues for the Professional
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Webinar
2.00 Credits
Member Price: $105
Defining Cybersecurity and Cyber Risks. Implications of Cybercrime. Cyber Attack Trends. Landscape of Cyberattacks. Laws and Regulations. Security Standards and Frameworks. Cybersecurity Roadmap
Gaining a Competitive Advantage: Critical Skills for CFOs and Controllers
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Webinar
4.00 Credits
Member Price: $175
Latest state of the economy, Expense control that works, Understanding our changing workforce and working environment, Financial risk analysis, Enterprise risk management, Improving bank relationships
Maximizing Fringe Benefits: Strategies for Business and Personal Needs in 2024 and Beyond
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Webinar
8.00 Credits
Member Price: $270
Overview of the fringe benefit planning process. Understanding the needs of business owners and employees. Options available under IRC Schedule 132 fringe benefit plans. Cafeteria plans: when to use them. Tax rules governing timing of income and deductions in cash compensation planning. Tax implications of dependent care and educational assistance plans. Flexible spending account plans: design and implementation. Design features of group term life insurance plans. Medical savings accounts: regulations and usage. Various options for financing retiree medical benefits. Comparison of health care benefits under an insured plan versus an HMO. In-depth overview of major ERISA reporting and disclosure requirements. Understanding IRC common control rules. Overview of age and sex discrimination rules.
Tax, Estate and Financial Aspects of Cryptocurrency
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Webinar
4.00 Credits
Member Price: $185
Introduction to cryptocurrency, Understanding the term "blockchain", Various types of cryptocurrencies, Why cryptocurrency is popular, Investment attributes of cryptocurrency, Tax aspects of cryptocurrency, Position of the Internal Revenue Service, Understanding Notice 2014-21 (IRS Virtual Currency Guidance), Understanding Notice 2014-21 FAQs, Compliance issues, Charitable issues, Internal Revenue Service enforcement
Winning the Fraud Battle in the Digital Age: Prevention and Detection
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Webinar
8.00 Credits
Member Price: $280
The price of fraud - ACFE's Report to the Nations and ancillary costs, The current economy - microeconomics and analysis, COSO internal control framework, particularly Principle 1 (integrity/ethics) and Principle 8 (fraud risk assessments),Power of morale - shrinking the fraud triangle and employee motivation, Deviant workplace behavior, Historic schemes, Why good folks go bad - interesting findings and red flags, Combating fraud with controls, Controls used by fraud victim organizations and suggestions for better implementation, Fraud's new frontier, Corporate social, environmental, governance, and equity/inclusion reports and audits
CFO - The Effective CFO
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Webinar
8.00 Credits
Member Price: $280
Enhancing Sales: Work with Sales to Drive Result. Sales and Accounting are not alike. In many organizations the two functions are at odds with each other, causing wasteful infighting. Many times, sales will undercut the accountants and vice versa. Sometimes this is inadvertent and sometimes not. Both functions should work together to achieve superior financial performance. We must take the lead and develop a better relationship with the sales function and the sales team. Oftentimes the sales incentive plans cause friction and result in counterproductive behaviors. If Accounting and Sales were to work together effectively, then net income, revenue and sales incentives would all increase. Thinking differently about how to work together will dramatically enhance financial performance. Imagine at least a five percent increase in the bottom line? We will discuss how. Working together yields superior results. Topics Discussed. Understanding the sales function and sales team. Differing backgrounds, expectations, and motivations. Developing strong relationships. Credibility and trust. How to ascertain what Sales really needs. Effective incentive plans that are understood by the sales team. Becoming the key support people for sales. Communicating value and profitability. Explaining risk. Understand the large impact that accounting has on sales. Understand how to enable sales to enhance financial results in your organization. This seminar includes two (2) case studies for group discussion. Prerequisite: At least six (6) months of professional financial statement analysis experience and at least six (6) months experience working with sales or business development. Growth Opportunities for CFOs: Value Added CFOs 2 Finance credits Many CFOs place too much emphasis on external financial and statutory compliance reporting for government regulatory agencies and not enough on corporate performance management (CPM) methods including internal management accounting. The former is for valuation (e.g., inventories and COGS). The latter is for "creating wealth value" to support better decisions. This course provides tools and information for how CFOs can transition from bean counters to bean growers. The best CFOs not only keep score, which is necessary, but they enable the organization to score more, which is much more valuable. Ready to be an Effective CFO? Skills to Succeed 2 Business Management and Organization credits With all the buzz about the additional responsibilities of CFOs today, what are the essential skillsets for success? How do you excel when you are spread so thin? Becoming the multi-skilled CFO companies are looking for requires you to balance traditional responsibilities with new demands. How do you utilize your key relationships and your team to fill the gaps and make sure nothing slips through? To be effective requires a shift in the way financial leaders think and approach their day - rather than a never-ending chase after new skillsets. Thinking differently about how to accomplish the broad spectrum of CFO responsibilities is a key lesson in your essential lifelong learning. We will review many tactics to help you become even more effective. Measuring and Reporting - ESG and Sustainability 2 Finance credits ESG broadly covers many of the non-financial issues every organization faces. The use of ESG as a term however conjures images to many of tree-huggers protecting rare species at the expense of jobs and growth, requirements that well-qualified candidates are not hired or passed over for promotion because they do not meet "diversity standards" and that companies are constrained by restrictive laws and regulations from conducting their business. ESG is not about limiting growth or profitability. It is about measuring non-financial information and using that information to make companies more efficient and more profitable. ESG is not a fad that will go away but a method of viewing our organizations so that they can be better and more profitable. Topics Discussed • Defining sustainability • Environmental risks and opportunities: How your organization deals with natural resources • Social risks and opportunities: How your organization deals with people • Governance risks and Opportunities: How your organization deals with laws, regulations, and controls • Defining and measuring environmental, social and governance metrics (ESG) • Reporting on ESG metrics and your organization's efforts
Federal Tax Update - Individual and Business Current Developments with Pat Garverick WEBCAST
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Webinar
8.00 Credits
Member Price: $325
This fast-paced session is a comprehensive review of newly enacted income tax legislation, issuance of income tax regulations, court cases, IRS notices, revenue procedures and private letter rulings affecting individuals and businesses. Each participant will receive a comprehensive manual with the hottest tax topics including, Pat Garverick's Quick Reference Chart. Topics include but are not limited to: Discuss the most recent individual and business income tax legislation passed to date, Walk through major tax changes to corporations, partnerships and/or individuals and any changes to the income tax forms and other related schedules, Review numerous business income tax provisions including but not limited to the 20% qualified business income (QBI) deduction; changes to NOLs, Schedule 461(l) business loss limitations, accounting method changes, depreciation, retirement plans, fringe benefits and entertainment expenses, Brush up on the individual and business income tax rates (e.g., income tax rates, capital gain tax rates, self-employment tax and alternative minimum tax (AMT), 3.8% net investment income tax), Discuss other individual income tax topics and changes to filing status, personal exemptions, itemized deductions, exclusions from income, adjustments to income and income tax credits (e.g., child tax credit and dependent care credit), Walk through the NEW final required minimum distribution (RMD) regulations, Review other important IRS audit areas such as basis and at-risk limitations for S shareholders and partners, passive activity losses and real estate professionals and self-employment taxes
K2's Excel Essentials For Staff Accountants
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Webinar
8.00 Credits
Member Price: $270
Best practices for creating and working with Excel workbooks, Effectively using Excel functions when creating formulas, The importance of PivotTables in modern reporting environments. Best practices for formatting your workbooks
K2’s Working Remotely - The New Normal
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Webinar
4.00 Credits
Member Price: $180
• Key technologies that facilitate remote work options• Cybersecurity issues impacting remote work environments• How to communicate and collaborate when working remotely
The Best S Corporation, Limited Liability, and Partnership Update Course by Surgent
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Webinar
8.00 Credits
Member Price: $280
Comprehensive coverage of the Inflation Reduction Act, including: The Corporate Alternative Minimum Tax, The Clean Vehicle Credit, Credit for Previously Owned Clean Vehicles, and Credit for Qualified Commercial Clean Vehicles, Comprehensive coverage of the SECURE 2.0 Act with a focus on provisions applicable to employers, Retirements and redemptions: considerations for partnerships and S corporations, Timely coverage of breaking tax legislation, Schedules K-2 and K-3 reporting requirements, including the 2022 domestic filing exception and Form 1116 exemption, Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations, with examples of how to calculate stock basis, Overview of the economics and tax consequences of crowdfunding campaigns, Selected Practice and Reporting Issues: What's new? A review of recent cases and tax law changes and IRS guidance affecting S corporations, partnerships, limited liability companies, and limited liability partnerships, New Form 1099-K reporting requirements,Bonus depreciation in 2023, Section 163(j) in 2023, Section 174 Research & Experimental Expenditures, New FinCEN reporting requirements in 2024, Employee vs independent contractor considerations that companies should be aware of, A review of like-kind exchange transactions under Schedule 1031, State and local taxes: pass-through entity workarounds, Special basis adjustments, including comprehensive examples
Form 1120S - Preparation and Analysis
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Webinar
2.00 Credits
Member Price: $105
Understanding the definition and requirements of an S corporation, the benefits and limitations of choosing this entity type, and the eligibility requirements for shareholders. Income and Deductions: Understanding the different types of income and deductions that an S corporation can have, including ordinary income, capital gains and losses, depreciation, and expenses. Shareholder Basis: Understanding the shareholder's basis in the S corporation, how to calculate it, and the impact of distributions on the basis. Reporting Requirements: Understanding the different reporting requirements for Form 1120S, including Schedule K-1, Schedule L, Schedule M-2, and Schedule M-3. Tax Planning: Understanding the tax planning strategies available to S Corporations and their shareholders,including tax deferral, income shifting, and tax-free reorganizations.
K2’s Advanced QuickBooks Tips And Techniques
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Webinar
4.00 Credits
Member Price: $180
• Tips for improving efficiency with QuickBooks and QuickBooks Online• Better reporting when working in QuickBooks environments• Tips for cleaning up QuickBooks and QuickBooks Online instances• Managing inventory more effectively when working with QuickBooks and QuickBooks Online
K2’s Excel Tips, Tricks, and Techniques for Accountants
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Webinar
8.00 Credits
Member Price: $250
• Fundamental Excel techniques all accounting and financial professionals should know and use• Creating date-based calculations in Excel• How to create Excel templates• Key options you should enable in Excel• Linking data in Excel