ENG201.01. Common Questions from Clients amid the Pandemic

Jun 8, 2020 1:00pm ‐ Jun 8, 2020 1:50pm

Identification: ENG201.01

Clients are looking to their CPA financial planners for answers. They are asking about their investments, the market, volatility, and tax planning opportunities, as well as other financial planning concerns. You will hear from two CPA financial planners who will share effective communication techniques when dealing with clients during a crisis, as well as how they respond to the common questions clients are asking.

Learning Objectives:
· Learn communication techniques to help clients deal with the stress from the pandemic.
· Understand how to discuss investment planning in a volatile market with your clients.
· Discuss tax planning opportunities related to the Cares Act.

ENG201.02. AICPA Trust, Estate and Gift Tax Technical Resource Panel Update and Q&A

Jun 8, 2020 1:00pm ‐ Jun 8, 2020 1:50pm

Identification: ENG201.02

This discussion covers AICPA tax advocacy efforts regarding legislative and regulatory proposals and developments in trust, estate and gift tax, including updates related to tax guidance for the Coronavirus pandemic, CARES Act, and the Secure Act.

The AICPA Trust, Estate and Gift Tax Technical Resource Panel (TRP) of experts will answer questions about the latest developments. Attendees will have the opportunity to exchange ideas with the TRP representatives and their conference peers.

Learning Objectives:
· Learn about various legislative and regulatory proposals and the potential impact on one's practice in the trust, estate and gift tax areas.
· Become familiar with the latest developments and emerging issues in the trust, estate and gift tax areas
· Learn what the AICPA is advocating for members with the IRS, Treasury and Congress in the trust, estate and gift tax areas

ENG201.03. Investing in Innovation: AICPA/CPA.com 2020 Startup Accelerators

Jun 8, 2020 2:00pm ‐ Jun 8, 2020 2:50pm

Identification: ENG201.03

The Association (unified voice of AICPA & CIMA) and CPA.com launched a shark-tank style startup accelerator three years ago with a focus on FinTech and EdTech solutions. Its purpose is to foster innovation and bring emerging technologies to the accounting profession. Investment into new technologies and solutions is critical for not only staying ahead of the curve, but providing client-centric service. In this session, you will hear about trends in FinTech developments and see the 4 startup companies that make up the 2020 cohort. These solutions have a leading role in a diverse range of categories including: crypto-asset management, financial impacts of climate change, accounting task automation and cash flow management.


ENG201.04. Preparing your Practice for the Tax Revolution

Jun 8, 2020 2:00pm ‐ Jun 8, 2020 2:50pm

Identification: ENG201.04



How is your practice preparing for tomorrow? Adding the latest technology isn’t enough anymore. The tax profession is evolving in many aspects and at a rapid pace. Join us for an interactive discussion on changes being driven by tax law changes, staff, clients, competitors and technology. Learn how your practice will be impacted and the AICPA resources available to help your business evolve.

Learning Objectives:
· Understand the challenges involved with a changing tax landscape.
· Identify tax planning opportunities for a more productive and efficient practice.

ENG20SS.03. Murder Hornets? Securing Your Firm Amidst the Next Wave of (Cyber) Attacks - presented by Right Networks

Jun 9, 2020 12:00pm ‐ Jun 9, 2020 12:50pm

Identification: ENG20SS.03

Hornets? Hackers? Cybersecurity?  Roman will be presenting the latest cybersecurity threats that CPA Firms are facing and what your firm can do to remediate the threat .  He will also lay the groundwork for your firm's security briefing. This session will cover:

  • Cyberthieves have united to take on every size firm - learn about the latest digital threats to your livelihood.
  • Cybersecurity-It's the law; learn about the legal obligation your firm has regarding securing client data.
  • Did COVID "Work From Home" expose your firm in ways you never considered? Discuss steps to remediate-now!
  • Identify what you can do to protect your firm by diving into our updated CPA Firm Security Checklist


Learning Objectives:
· Understand the key security threats and available remediation solutions.
· Walk through the AICPA's security checklist, so you know what you need to know!

ENG20SS.04. Better Together - presented by Intuit

Jun 9, 2020 12:00pm ‐ Jun 9, 2020 12:50pm

Identification: ENG20SS.04

The Intuit ecosystem is growing to accommodate more tools and accelerated capabilities, continuing to highlight Intuit as a trusted partner for professionals and firms all over the world.  The role of the professional continues to evolve rapidly as technology and data are enabling automation while providing deeper insights to help clients achieve their goals.  These shifts are key enablers to reducing time spent on compliance work and to enable more effective and efficient advisory services, and the transition requires us to work together to leverage the collective wisdom and knowledge of the professional, tax and accounting software providers, and third parties to deliver solutions that help firms and their clients prosper today and in the future. 

Learning Objectives:
· Drive awareness of resources and tools available to tax and accounting professionals to help their clients navigate these difficult times
· Provide an overview of the solutions we are providing to help firms more effectively and efficiently meet their clients' needs.

ENG201.05. Implications of Blockchain and Crypto Assets to Your Practice

Jun 9, 2020 1:00pm ‐ Jun 9, 2020 1:50pm

Identification: ENG201.05

With approximately 10% of US taxpayers owning crypto currencies and as the use of blockchain technology, in general, becomes more widespread, it stands to reason this emerging technology will have a significant impact on businesses and accounting firms worldwide. Join us as we discuss the fundamental concepts in blockchain, the implications of the current operating environment on blockchain adoption, how firms can position themselves for the advisory opportunities being created by blockchain technology and the latest on how firms are helping clients comply with virtual currency tax preparation.

Learning Objectives:
· Understand the key components of blockchain and discuss use cases and their impact on the accounting profession
· Discuss the evolution of audit
· Gain insight into the latest developments in crypto asset tax
· Recognize the unique challenges of crypto tax accounting and how to guide clients
· Leverage crypto tax preparation tools to aggregate client transaction data and calculate capital gains and losses

ENG201.06. Adaptive Leadership and Driving Results During Uncertain Times

Jun 9, 2020 1:00pm ‐ Jun 9, 2020 1:50pm

Identification: ENG201.06

While disruption fuels innovation, it also creates great uncertainty. This session explores what it takes to be an adaptive leader, inspire and invest in people, and drives short-term and long-term results while navigating uncertainty.

Learning Objectives:
· Identify the top 5 attributes of adaptive leaders and how to apply them in your own business
· Recognize 4 ways to inspire and invest in your team to drive results
· Determine 3 strategies for harnessing disruption to deliver results

ENG201.07. Special Edition of the AICPA Town Hall Series

Jun 9, 2020 2:00pm ‐ Jun 9, 2020 2:50pm

Identification: ENG201.07

Join this exciting special Town Hall with AICPA Leadership to hear about the latest issues affecting the profession and how we're working to help guide the way forward. We'll cover things like:

- the Firms role in business relief and restarting of the economy 

- How firms are operating in new normal environment, and;

- Online platforms and new firm strategies to drive success.

Learning Objectives:
· Identify your role in business relief and restarting of the economy
· Identify how to operate in the new normal
· Recognize the AICPA resources and tools

ENG20SS.05. Avoiding an AI Bias

Jun 10, 2020 12:00pm ‐ Jun 10, 2020 12:50pm

Identification: ENG20SS.05





The possibilities of artificial intelligence (AI) are exciting. In fact, we are likely interacting with AI more than we realize on a daily basis. To ensure we harness the power of this emerging technology, we need to be purposeful in our interactions so we don't create biases. Join this session of subject matter experts to hear strategies that will enable your firm to build upon powerful tools that you, and your clients, can trust.





Learning Objectives:
· Understand what types of bias may present itself in data and how AI becomes biased