2022 AICPA & CIMA Agriculture & Cannabis Industry Conference

Aug 8, 2022 ‐ Aug 10, 2022



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Packages Display Packages

This includes sessions from the conference: 2022 AICPA & CIMA Agriculture & Cannabis Industry Conference

Sessions Included:

Opening Remarks | Washington DC Update (Aug 08, 2022 12:30 PM)

Commodity Markets (Aug 08, 2022 02:00 PM)

Agriculture Labor Marketplace Update (Aug 08, 2022 03:10 PM)

Vertical Integration in the Livestock Industry (Aug 08, 2022 04:10 PM)

Opening Remarks | Tax Planning (Aug 09, 2022 08:30 AM)

Statements: What Financial Institutions are Looking For (Aug 09, 2022 10:00 AM)

Financial Institution Panel (Aug 09, 2022 11:10 AM)

Lease Accounting A&A Update (Aug 09, 2022 01:40 PM)

Entity Selection Pros and Cons + Farm Service Agency (Aug 09, 2022 01:40 PM)

Update from the Farm Financial Standards Council (Aug 09, 2022 02:40 PM)

Advanced Estate Trust Planning (Aug 09, 2022 02:40 PM)

What the Formula Language Means and What Should You be Looking For (Aug 09, 2022 03:45 PM)

Hemp, Cannabis, and Farming Update (Aug 09, 2022 05:10 PM)

Opening Remarks | Humanizing the Farm Transition Process (Aug 10, 2022 08:30 AM)

Carbon Credit Trends (Aug 10, 2022 10:00 AM)

Fireside Chat (Aug 10, 2022 11:45 AM)

Opening Remarks | Thinking Like a Cannabis CPA--Overview of Tax and Accounting Issues Unique to the Industry (Aug 08, 2022 12:30 PM)

The Legal and Regulatory Environment (Aug 08, 2022 01:35 PM)

Members in Industry Panel--Accounting in Private Industry (Aug 08, 2022 01:35 PM)

Cannabis Bookkeeping & Accounting - Theory vs. Reality (Aug 08, 2022 02:45 PM)

Risk Mitigation and Ethics (Aug 08, 2022 02:45 PM)

Inventory Costing and 471 (Aug 08, 2022 03:40 PM)

Technology in Cannabis (Aug 08, 2022 03:40 PM)

Regulatory Fireside Chat (Aug 08, 2022 04:40 PM)

Social Equity, Economic Empowerment, and Minority Participation in Cannabis (Aug 09, 2022 10:00 AM)

Raising Capital in Cannabis (Aug 09, 2022 11:10 AM)

Cannabis Banking (Aug 09, 2022 11:10 AM)

Navigating the Challenges and Hurdles of 280E in the Cannabis Industry (Aug 09, 2022 01:00 PM)

Due Diligence and Transaction Readiness (Aug 09, 2022 02:20 PM)

Cannabis Auditing and Financial Statements (Aug 09, 2022 02:20 PM)

Bankruptcy, Restructuring, and M&A Transactions Oh My! (Aug 09, 2022 03:30 PM)

Forensics, Litigation, Cash Flow, and Business Valuations in Cannabis (Aug 09, 2022 03:30 PM)

Fireside Chat: Day 2 (Aug 09, 2022 04:25 PM)

Opening Remarks | How to Build a Cannabis Practice (Aug 10, 2022 08:30 AM)

Careers in Cannabis Accounting and Non-Traditional Services (Aug 10, 2022 09:35 AM)

Fireside Chat: Day 3 (Aug 10, 2022 11:10 AM)

Opening Remarks | Congressman Address: SAFE Banking Act | Advancing the Cannabis Industry: An Outlook for the National Landscape (Aug 09, 2022 08:30 AM)

Standard: $379.00

Sessions

Opening Remarks | Washington DC Update

Aug 8, 2022 12:30pm ‐ Aug 8, 2022 1:55pm

Identification: AG2201

Washington Policy analyst, Jim Wiesemeyer, has covered elections ever since the Carter/Reagan election in 1980 when he interviewed both candidates. Since that election, he looks at key topics that help predict votes for the White House, Senate, and House contests and what the outcomes will mean for the economy and ag policy issues including farm and food, trade, energy (climate change, biofuels), and taxes.

Learning Objectives:
  • Identify future economy and ag policy issues.
  • Recognize key topics that affect legislation.
Speaker(s):
Category: General Session
Standard: $49.00

Opening Remarks | Thinking Like a Cannabis CPA--Overview of Tax and Accounting Issues Unique to the Industry

Aug 8, 2022 12:30pm ‐ Aug 8, 2022 1:30pm

Identification: CAN2201

Provide an overview of accounting and tax issues unique to the industry. Given inclusion of practioners and if that is our focus, this session would ID 8-10 accounting and tax issues that are uniquely impactful to the industry compared to others and would explain how to shift into the mindset of the cannabis CPA.

Learning Objectives:
  • Understand the unique issues faced by accountants in the cannabis industry
  • Understand the inquisitive mindset of a cannabis CPA
  • Identify key accounting and tax issues unique to the industry
Speaker(s):
Category: General Session
Standard: $49.00

The Legal and Regulatory Environment

Aug 8, 2022 1:35pm ‐ Aug 8, 2022 2:25pm

Identification: CAN2202

The Cannabis industry is a highly regulated state-legal system that presents challenges in all aspects of accounting. Understand typical regulatory structures, challenges, and unique issues presented by the regulatory environment as it pertains to cannabis accounting and consulting services to include seed to sale tracking systems, internal controls, and how to navigate these waters

Learning Objectives:
  • Identify typical cannabis structures
  • Understand the regulatory environment as it pertains to cannabis accounting
  • Highlight key areas of focus in accounting based upon legal and regulatory challenges
Speaker(s):
Category: Concurrent Session
Standard: $49.00

Members in Industry Panel--Accounting in Private Industry

Aug 8, 2022 1:35pm ‐ Aug 8, 2022 2:25pm

Identification: CAN2203

This panel will feature practioners and accountants in industry and will give you a unique perspective on what the challenges of working in industry present. Learn why the practioners chose cannabis, what they have learned, and takeaways related to your journey into cannabis accounting

Learning Objectives:
  • Understand private industry nuances of cannabis
  • Learn about obstacles faced by cannabis accountants operating in the private sector
Speaker(s):
Category: Concurrent Session
Standard: $49.00

Commodity Markets iconCommodity Markets

Preview Available

Commodity Markets

Aug 8, 2022 2:00pm ‐ Aug 8, 2022 2:50pm

Identification: AG2202

An economic outlook covering inflation, interest rates, agricultural commodity markets, input costs, and the impacts on the agricultural economy.

Learning Objectives:
  • Identify agricultural commodity prices and the impact on the ag economy.
  • Recognize inflation, interest rates, and the impact on the U.S. and global economies.
Speaker(s):
Category: General Session
Standard: $49.00

Cannabis Bookkeeping & Accounting - Theory vs. Reality

Aug 8, 2022 2:45pm ‐ Aug 8, 2022 3:35pm

Identification: CAN2204

In this session, we will discuss the various roles, responsibilities, techniques, and biggest hurdles in supporting cannabis organizations for most verticals.

Learning Objectives:
  • Define your role
  • Determine areas of focus
  • Identify obstacles
  • Learn theory versus reality
Speaker(s):
Category: Concurrent Session
Standard: $49.00

Risk Mitigation and Ethics iconRisk Mitigation and Ethics

Preview Available

Risk Mitigation and Ethics

Aug 8, 2022 2:45pm ‐ Aug 8, 2022 3:35pm

Identification: CAN2205

Working with a Federally illegal industry presents unique challenges. Learn about risk mitigation strategies including client acceptance best practices, ethical challenges in serving cannabis clients, insurance considerations, client disengagement procedures, and other stories from the trenches

Learning Objectives:
  • Understand risk management techniques as it pertains to the industry
  • Highlight key areas of ethical concerns
  • Learn about best practices and protecting the profession
Speaker(s):
Category: Concurrent Session
Standard: $49.00

Agriculture Labor Marketplace Update

Aug 8, 2022 3:10pm ‐ Aug 8, 2022 4:00pm

Identification: AG2203

A reliable, stable and legal workforce is essential to America’s specialty crop producers. This rings especially true for California agriculture, which accounts for a third of the nation’s vegetables and two-thirds of its fruits and nuts, as well as a diversity of other foods. This agricultural labor update will delve into the increasing pressures and costs farmers and ranchers are facing related to finding skilled and available employees.

Learning Objectives:
  • Recognize the challenges of California agriculture’s labor shortages and what that means to the rest of the nation.
  • Identify potential solutions for the perpetual agricultural labor shortages.
  • Distinguish ways to intellectually discuss the labor marketplace with clients.
Speaker(s):
Category: General Session
Standard: $49.00

Inventory Costing and 471 iconInventory Costing and 471

Preview Available

Inventory Costing and 471

Aug 8, 2022 3:40pm ‐ Aug 8, 2022 4:30pm

Identification: CAN2206

In this session you will revisit things you wish you never skipped over in college. Learn about full absorption cost accounting, cost accounting techniques, the application of code section 471 and what challenges exist in standing up to IRS scrutiny.

Learning Objectives:
  • Identify cost accounting principles and their intersection with tax
  • Understand methods of cost accounting
  • Learn about full absorption accounting and why it is used
Speaker(s):
Category: Concurrent Session
Standard: $49.00

Technology in Cannabis iconTechnology in Cannabis

Preview Available

Technology in Cannabis

Aug 8, 2022 3:40pm ‐ Aug 8, 2022 4:30pm

Identification: CAN2207

In this session you will learn about technology platforms available to industry participants and those used by practioners in the cannabis industry to POS and accounting systems.

Learning Objectives:
  • Learn how technology impacts cannabis industry accounting
  • Understand options for accounting using technology
Speaker(s):
Category: Concurrent Session
Standard: $49.00