CPE Catalog & Events
Reporting Fundraising Results: Form 990 Part VIII (& Sch. M) WEBINAR
Monday, December 19 12:30pm - 3:00pm PST
Your Desk
2.5 Credits
Definition of "fundraising events and sales" and distinguishing operations that are outside of such characterization. Address of what constitutes a true gift or contribution when same is paid on top of a purchase of services or goods. Specifics of Form 990 inputs to be made on Part VIII Lines 1c and 8a (and noting companion Schedule G reporting) and noting insufficiency of GAAP reporting. Handling PPP loan forgiveness as a revenue stream. Inputting data in order to bifurcate an event's participant or purchaser's payment to "gift/contribution" versus fundraising event or sale revenue streams. What constitutes a "solicitation" expense that need be reported on Part IX, and thus cannot be characterized as a direct expense of a fundraising event or sale. Practical tips for handling revenues from silent auctions and guidance on auction of "rights to use" another's properties or services. Communicating with filers' managers as to the advance work they can perform to shortcut 990 documentation needs in this arena. Ramifications and results of 990 Part VIII reporting on each of the two "public support tests".
Federal Tax Update Individuals with Greg & George WEBCAST
Monday, December 19 12:30pm - 4:00pm PST
Your Desk
4.0 Credits
• Important new cases, including real estate professionals, and a shocking hobby loss case (you’ll want to be familiar with this case when IRS audits start increasing over the next 2 years). We’ll also cover an interesting case on material participation in the passive activity area. o Additionally, we’ll cover a charitable contribution case that provides important guidance on what clients need to do to secure their deductions.• Brand new reporting requirements that will result in clients receiving tens of millions of new Forms 1099-Ks.• Brand new IRS procedures for making late “portability” elections. This will affect many of our clients.• Legislative developments, including The Inflation Reduction Act, and the SECURE Act 2.0.o Extension of the excess business loss limit (§461(l)).o Will your clients get an EV credit if they purchase plug-in vehicles?o Should your clients wait to get that new heat pump or energy efficient windows? We’ll help you get ready for the inevitable client questions.o What proposed changes didn’t make it into the final law?
Payroll Essentials: De-mystifying Form W-4 WEBINAR
Monday, December 19 3:00pm - 5:00pm PST
Your Desk
2.0 Credits
Form W-4, Employee Withholding Certificate changes. Understanding what an employer can, and cannot do with regards to Form W-4.
Introduction to the Not-for-Profit Industry WEBINAR
Tuesday, December 20 6:00am - 7:00am PST
Your Desk
1.0 Credits
Unique accounting and financial reporting. Restricted assets: what are they and how do we work with them? Tax exemption requirements and reporting.
Cash Conversion Cycle: Tools and Techniques WEBINAR
Tuesday, December 20 6:00am - 8:00am PST
Your Desk
2.0 Credits
Why the cash conversion cycle is your organization's lifeblood. Why traditional liquidity measures are no longer sufficient. How the cash conversion cycle provides a complete picture of your organization's cash management issues. Compare four cash management metrics to your organization and your competitors. Understand the arguments for and against cash accumulation.
Presentation Skills for Auditors WEBINAR
Tuesday, December 20 6:30am - 8:30am PST
Your Desk
2.0 Credits
How to connect with your audience. What to do when the unexpected happens. How to use your natural resources to enhance your message. How to narrow your message for maximum impact. What to avoid in a PowerPoint presentation.
2022 Governmental Accounting & Auditing Update WEBCAST
Tuesday, December 20 7:00am - 3:00pm PST
Your Desk
8.0 Credits
GASB pronouncements. Single Audit issues. Yellow Book issues. Audit issues. Pandemic challenges.
Accounting Update-A Practical Workshop WEBCAST
Tuesday, December 20 8:00am - 12:00pm PST
Your Desk
4.0 Credits
New rules in the accounting arena.
Cost Accounting, R.I.P.: Cost Accounting Is Opinion, Cash Flow Is Fact WEBCAST
Tuesday, December 20 8:00am - 12:00pm PST
Your Desk
4.0 Credits
Modeling cash flow and capacity. Adaptive capacity model. Segall's law.
Fraud-What Are the Client's Expectations and Are We Meeting Them? WEBCAST
Tuesday, December 20 8:00am - 12:00pm PST
Your Desk
4.0 Credits
Fraud and its impact on our clients.
Reviewing S Corporation Tax Returns: What Are You Missing? WEBCAST
Tuesday, December 20 8:00am - 12:00pm PST
Your Desk
4.0 Credits
Common errors made involving the following tax forms: Form 1120S, Schedule K-1, Schedule L, Schedules M-1 and M-2, Form 4562, Form 4797, and more!
101 Tax Planning Ideas WEBCAST
Tuesday, December 20 8:00am - 4:00pm PST
Your Desk
8.0 Credits
Planning opportunities in the tax formula. Different types of planning. Frequently-used planning techniques. Qualitative and quantitative considerations. The connection between tax planning and other financial planning areas, such as retirement, investment, insurance, and estate planning. Looking to the past, present, and future as we plan.
Auditing Impairment of Long-Lived Assets WEBINAR
Tuesday, December 20 8:30am - 10:30am PST
Your Desk
2.0 Credits
Indicators of impairment. Steps to recoverability testing for long-lived assets held and used. Grouping assets held and used. Allocating impairment loss and disclosures. Testing indefinite-lived intangibles for impairment, including goodwill. Valuation techniques for determining a reporting unit's fair value.
Self-Rental Real Estate: Passive Activity & Section 199A WEBINAR
Tuesday, December 20 8:30am - 10:30am PST
Your Desk
2.0 Credits
Definition of self-rental property - both for Sections 199A and 469. Self-rental income from directly owned properties and reporting on Form 1040, Schedule E, page 1. Self-rental income from indirectly owned (partnerships, S corporations) and reporting on Form 1040, Schedule E, page 2. Form 8582 (passive activity). The flow-through entity grouping election. Illustrative examples and consequences of failing to comply with the reporting standards. Self-rental property and "former passive activities" rules.
Analyzing Financial Statements WEBINAR
Tuesday, December 20 9:00am - 11:00am PST
Your Desk
2.0 Credits
Balance sheet analysis. Income statement analysis. Cash flow statement analysis. Clues in the notes and MD&A. Industry nuances.
Google Sheets for Accountants WEBINAR
Tuesday, December 20 10:30am - 12:30pm PST
Your Desk
2.0 Credits
What is Google Sheets? Key set up steps and apps. Key strengths and weaknesses. Google Sheets vs. Microsoft Excel. Google Sheets versions. Quick start guide. Things you can do in Google Sheets that you can't do in Excel. Google Sheets add-ons. Google Sheets help resources.
Peer Reviews of SSARS Engagements WEBINAR
Tuesday, December 20 10:30am - 12:30pm PST
Your Desk
2.0 Credits
Basic requirements of an engagement review. Qualifications for serving as a peer reviewer. Involvement of peer review administrators and technical staff, peer review committees, AICPA, state boards of accountancy. Engagement selection criteria, information to be provided to the peer reviewer, the evaluation of engagements, the synthesis of matters, the nature of the reports, what happens if there is a nonconforming engagement, follow-up actions required by the committee. Common engagement review findings and tips for passing peer review.
Leases: Miscellaneous Topics WEBCAST
Tuesday, December 20 11:00am - 1:00pm PST
Your Desk
2.0 Credits
FASB ASC 842. All recently released updates to ASC 842. Leases.
Nonprofit A&A Series: Session 4-Revenue Recognition WEBCAST
Tuesday, December 20 12:00pm - 2:00pm PST
Your Desk
2.0 Credits
Pledges and contributions. Restrictions and conditions. Special concerns with governmental funding. Donated goods and services. Special events. Revenues earned through sales and services to customers.
Financial Statements Display: Form 990 Parts VIII, IX,X & XI WEBINAR
Tuesday, December 20 12:30pm - 3:00pm PST
Your Desk
2.5 Credits
Statement of Revenue (Part VIII) key definitions: the six rules behind Line 1 (gifts, grants, contribution) and the definitions that drive Line 2 (program service revenue), including characterization of passive investment-type revenues as "program-related investments" . Unique status issues that require inputting of revenues upon Part VIII's Lines 8-10 (the fundraising events or sales, gaming, and sales of inventory lines) . Understanding the unrelated business income tax (UBIT) "self-audit" reporting applied via Part VIII's columns including the baseline definitions that are used to identify revenue streams as either exempt function income, sourced-to-UBI, or UBIT-excepted. Statement of Functional Expenses (Part IX): understanding the natural classifications of costs employed upon the form, and exploration of the relevant definitions as well as common mistakes that result from ignorance of this part's instructions. Balance sheet (Part X) issues overall including handling the reconciliation of P&L yearend assets in Part IX and noting form deficiencies in flagging the possible application of Schedule L.
The Washington Society of CPAs is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of group-live and group-internet-based 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 web site: www.nasbaregistry.org