ENG201.08. Peer Review Update: Performing System Reviews in a COVID-19 World - PART 1

Jun 10, 2020 1:00pm ‐ Jun 10, 2020 1:50pm

Identification: ENG201.08

PART 1

As the world adjusts to life with COVID-19, many organizations, including many CPA firms, have transitioned to working remotely. During these unprecedented times, we must stay faithful to our mission of protecting the public interest.

In this webcast we will discuss temporary guidance changes that the Peer Review Board approved in April 2020, which includes performing off-site system reviews. We will also address risks associated with off-site reviews and ways to mitigate those risks to help you perform quality peer reviews during this challenging time. This webcast will also cover areas in this year's audits that need special attention during the peer review as they are expected to be heavily impacted by the Coronavirus pandemic.

Learning Objectives:
· Recall the purpose and objectives of a system review
· Identify unique risks associated with performing system reviews offsite
· Recall best practices for effective remote communications
· Recognize audit areas that will need additional focus during upcoming peer reviews

ENG201.09. To Become an Extraordinary Leader, Look Within

Jun 10, 2020 1:00pm ‐ Jun 10, 2020 1:50pm

Identification: ENG201.09

Extraordinary leadership isn’t just reserved for those in already in leadership positions... As members and leaders of a profession, you have a unique opportunity to provide much needed stability in these turbulent times. But to effectively lead others through their storm, you first need to become steady within yourself. To learn how to withstand the pressures of your own responsibilities while supporting others as they navigate their own. It’s not something you can learn solely from a text book. Your path from ordinary to extraordinary is just that - your own personal journey. This conversation will be filled with deep insights and practical frameworks to enhance your leadership effectiveness in a time such as this.

Learning objectives:


  • Distinguish what leadership behaviors hold a person back versus those that propel them forward
  • Review common fears that result in lower levels of performance for accounting professionals
  • Identify possibilities for transforming leadership effectiveness and improving results
  • Review the business case for elevating competence and consciousness/self-awareness

ENG201.10. Peer Review Update: Performing system reviews in a COVID-19 world - PART 2

Jun 10, 2020 2:00pm ‐ Jun 10, 2020 2:50pm

Identification: ENG201.10

PART 2

Peer Review Update: Performing system reviews in a COVID-19 world - PART 2

As the world adjusts to life with COVID-19, many organizations, including many CPA firms, have transitioned to working remotely. During these unprecedented times, we must stay faithful to our mission of protecting the public interest.

In this webcast we will discuss temporary guidance changes that the Peer Review Board approved in April 2020, which includes performing off-site system reviews. We will also address risks associated with off-site reviews and ways to mitigate those risks to help you perform quality peer reviews during this challenging time. This webcast will also cover areas in this year's audits that need special attention during the peer review as they are expected to be heavily impacted by the Coronavirus pandemic.

Learning Objectives:
· Recall the purpose and objectives of a system review
· Identify unique risks associated with performing system reviews offsite
· Recall best practices for effective remote communications
· Recognize audit areas that will need additional focus during upcoming peer reviews

ENG201.11. AICPA Privacy Management Framework

Jun 10, 2020 2:00pm ‐ Jun 10, 2020 2:50pm

Identification: ENG201.11

As significant changes continued to have an important impact on information technologies and in global, country-specific and local data privacy laws and standards, in 2009 a American Institute of CPAs (AICPA) Privacy Task Force was formed and published its Generally Accepted Privacy Principles (GAPP), a framework for implementing sound data privacy controls. 

Since 2009, new global and local privacy legislation was enacted, necessitating the AICPA to revisit the GAPP document, and update it to reflect the impact of these requirements such as the EU’s General Data Protection Regulation (GDPR).   Now renamed the Privacy Management Framework (PMF), this 2020 re-issued framework provides members (CPAs and CITPs) with relevant links to the EU’s General Data Protection Regulation (GDPR) and the AICPA’s Trust Services Criteria (TSC) which had also been updated to align with updates required by the release of SSAE18.  The new PMF is designed to assist management in creating an effective data privacy program that addresses its privacy obligations and risks, while facilitating current and future business opportunities for CPAs and CITPs who might be engaged with an organization's management in these activities.

Learning Objectives:
· Identify the nine components of the Privacy Management Framework.
· Recognize how to measure an organization’s privacy program against a comprehensive framework.
· Identify ways that incorporating the Privacy Management Framework into your organization’s privacy program can help provide a structure for compliance, management and audit criteria.
· Apply best practices to manage personal information and mitigate privacy risk for an organization.

ENG20SS.07. Make Technology your Secret Sauce - presented by Xero

Jun 11, 2020 12:00pm ‐ Jun 11, 2020 12:50pm

Identification: ENG20SS.07

This session details how Xero’s centralized functions in the cloud can improve how you serve your practice and clients best. Discover the best practices for due diligence when selecting your technology stack, and learn which success metrics help you keep process efficiency at the core of your technology planning.

Learning Objectives:
· You will learn how integrating technology - both in your practice and with your clients - increases your value when working with clients.
· You will learn the efficiencies you and your clients gain by centralizing functions in the cloud.

ENG20SS.08. Floodgates Opened on Tax Incentives With Recent Pandemic Legislation - presented by Brayn Consulting

Jun 11, 2020 12:00pm ‐ Jun 11, 2020 12:50pm

Identification: ENG20SS.08



Recent tax law changes, including the TCJA and CARES Acts, leave many taxpayers uncertain about the future on tax credits and deductions. Although these tax law changes can create unforeseen obstacles for some, there are also previously undiscovered opportunities for many taxpayers as it relates to R&D tax credits. Through an overview of qualitative and quantitative requirements, example case studies, and a review of court cases such as United States vs. Quebe and United States vs. Populous Holdings, Inc., attendees will understand the 4-Part Test and basic exclusions, and be able to identify target-rich environments.



Learning Objectives:
· Attendees will understand the 4-Part Test and basic exclusions
· Attendees will be able to identify target-rich environments

ENG201.12. Putting People First - Evolving the Approach To Developing Finance Talent

Jun 11, 2020 1:00pm ‐ Jun 11, 2020 1:50pm

Identification: ENG201.12



Half of finance leaders surveyed for the CGMA report Re-inventing Finance for a Digital World said that the competencies of their teams must "change significantly" over the next three years as technology takes over routine tasks and as finance teams seek to drive greater value.   This is supported by a recent report co-authored by KPMG called Finance Transformation:  The Human Perspective that said that more than ever, there is a need to create a more agile, strategically capable workforce. Yet under investment in people and skills means many finance professionals are ill-equipped to face a digital future.

Are we focusing on technology at the expense of the people who power it?

This session will leave you with some tools and takeaways to evolve and develop your finance talent.


Learning Objectives:
· Identify how leveraging digital technologies has changed the skills landscape
· Determine how this is driving new operating models and shapes of the finance function
· Consider how skills and competencies of finance professionals need to evolve

ENG201.13. The SECURE Act: A Game Changer For Retirement Plans

Jun 11, 2020 1:00pm ‐ Jun 11, 2020 1:50pm

Identification: ENG201.13

Summary:
Small-business owners secured a major recruitment tool and an enhanced tax credit offering with the passage of the Setting Every Community Up for Retirement (SECURE) Act. The bill is the most significant retirement savings reform legislation in nearly 15 years, and addresses many of the hurdles facing small-business owners who put off starting a retirement plan due to start-up costs, administration, and compliance requirements.

Attend this webinar and learn about the details of the bill and why small businesses should put a retirement plan in place to take advantage of increased tax credits and other benefits of the act.

Learning Objectives:
· Review the provisions of the Act
· Discuss details on the new tax credits and how your clients can qualify for them
· Highlight the advantages of a 401(k) plan and discuss tax strategies that can benefit your clients

ENG201.14. Washington Update: The Current Legislative and Regulatory Landscape

Jun 11, 2020 2:00pm ‐ Jun 11, 2020 2:50pm

Identification: ENG201.14



The political landscape is changing faster than ever, as the nation addresses the Coronavirus pandemic, and a presidential and congressional elections approach. This session will cover the major political topics of 2020 and their impact on various issues affecting the profession, both in the United States and around the world.



Learning Objectives:
· Recognize the connection between the current political landscape and profession-specific issues
· Identify the major issues that are currently being followed on behalf of the profession

ENG20SS.09. QuickBooks Online Advanced in Action: A Deep Dive - Presented by Intuit

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

Identification: ENG20SS.09

A deep dive into the features offered in QuickBooks Online Advanced and learn what differentiates it from other accounting solutions for growing, complex businesses.

Learning Objectives:
· Understand the different ways you can use Advanced to setup workflows and reporting for your clients to complete the tasks that matter faster, help your clients grow securely, and improve your advisory services.
· Understand smart reporting powered by Fathom, enhanced custom fields, custom user permissions, accelerated invoicing, ProAdvisor tips, and more features offered by Advanced.