CPE Catalog & Events

Impairment Issues During the Pandemic

A discussion of triggering events that likely happened in 2020 or could happen in 2021. Jim will discuss why now is a good time to take a look at the valuation of goodwill and the recoverability of long-lived tangible and intangible assets.

K2's Mastering Advanced Excel Functions

K2's Microsoft Teams

K2's Implementing Internal Controls in QuickBooks Environments

K2's Working Remotely - The New Normal

K2's Advanced Excel

New SSAE 19 - Agreed Upon Procedure Engagements: A New and Efficient Way to do AUPs

There are new rules governing the performance of AUP engagements. This session will discuss the new AT-C 215 rules brought about by SSAE 19. This standard greatly improves the efficiency of performing agreed-upon procedures engagements and can be applied right now.

Accounting & Auditing of NPOs - New Guide

Review of GAAP for NPOs Basic financial statements Guidance regarding summarized comparative information GAAP reporting entity Contributions Split-Interest Agreements & Beneficial Trust Interests New guidance on Programmatic Investments, including Loans Meeting donor restrictions Reporting revenues & expenses Discussion of updated audit reports

Accounting & Auditing of State and Local Governments

Review of GAAP for S&LG's GASB 34's reporting model GAAP reporting entity defined by GASB Statements 14, 39 & 61 Audit risk considerations in a government audit Preparer and auditor materiality issues Auditor responsibility for RSI - SAS 120 Nonexchange transactions - GASB Statements 33 & 36 Capital Asset issues Interfund activity Review of updated audit report examples Case study on materiality determination using real F/S Covers guidance re: OCBOA F/S and RSI Addresses recent Chapters on Pensions & OPEB Note Disclosures - GASB Stmt. No. 38

Annual Accounting and Auditing Update

Private company standard setting activities Recently issued FASB Accounting Standards Updates Leases -- Topic 842 Impairment -- Topic 326 Lessons learned from the adoption of Topic 606 Other items on the FASB's Technical Agenda Recently issued SASs and other AICPA and PCAOB activity SSARS No. 21, Clarification and Recodification and other recently issued and proposed SSARS Peer review and other audit quality issues Other important A&A practice matters

Compilations, Reviews, and Preparations: Engagement Performance and Annual Update

SSARS No. 21, Clarification and Recodification, and updates to SSARS No. 21 due to the issuance of SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services SSARS No. 22, Compilation of Pro Forma Financial Information SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services - 2018 Proposed changes to the SSARS Sample comprehensive engagement work programs for preparation, compilation and review engagements Reporting and disclosure illustrations for each level of service, including attesting on personal financial statements, prescribed form, special purpose framework and other engagement variations Other communication requirements, such as sample engagement letters and management representation letters Going concern reporting implications on SSARS engagements due to COVID-19 and other issue

Estate and Life Planning Issues for the Middle-Income Client

The SECURE Act, including IRA and RMD changes Other major SECURE Act provisions, such as expansion of section 529 plans and 401(k) access to part-time workers The CARES Act section 72(t) 10% early withdrawal penalty waiver The CARES Act temporary waiver of RMD rules More than 20 documents that should be reviewed that are neither a will nor trust Applicable rates, and tactics that may be used to minimize them Reducing the impact of ancillary administration Provisions you need in a will When a trust is needed for children Durable powers of attorney, for financial matters and for healthcare Realistic retirement goals Management of insurance: liability, disability, and life Dealing with marriage and divorce Titling assets effectively Developments relative to estate tax, and the implications for planning

A Refresher on Going Concern Responsibilities of Management and the Accountant

This discussion will focus on refreshing practitioners of the rules related to management and the accountants responsibilities related to substantial doubt considerations of an entity. Jim will also discuss applicability to compilations and preparations.

K2's Next Generation Excel Reporting

K2's Case Studies in Fraud and Technology Controls

K2's Technology Update

K2's Securing Your Data - Practical Tools for Protecting Information

K2's Small Business Accounting Shootout

Government and Nonprofit Frauds and Controls to Stop Them

Examine real-world misappropriations of cash, check frauds, vendor scams, credit card abuse, grant frauds, benefit schemes, inventory thefts, and payroll frauds Consider and develop controls to stop fraud Tailor controls to the size and fit of the government or nonprofit

The Most Critical Challenges in Not-For-Profit Accounting Today

Preparing for the implementation of the new FASB ASU on grants, contracts, and contributions (i.e., ASU No 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made) Developing a deeper understanding of the requirements in ASU No. 2016-02, Leases, and how not-for-profit entities will implement the standard A review of additional key challenges in not-for-profit accounting today