This includes sessions from the Finance Redefined Track (as part of AICPA ENGAGE 2018)
In this first session of the program, you’ll learn how to identify what data you want to capture and what types of decisions you’d like to be able to make. You’ll understand how this type of strategy will impact your executive team, technology, people, processes and what new capabilities you need to grow your data-driven strategy. This session is part 1 of a multi-session program to earn the Data-Driven Leader digital badge. To earn the badge, attendees much attend all 4 Data-Driven Leader sessions and any 1 session from the Human Intelligence sessions.Speaker(s):
This session is part 1 of a two-part session series. These sessions, which qualify for the ongoing Team/Review Captain training requirement, will cover recent changes to peer review guidance, peer review resources, and other related developments. Peer review is undergoing significant change as a result of several key initiatives and it is imperative team and review captains stay current. Both parts, which run back-to-back, must be completed to fulfill the requirement.Speaker(s):
In this second session, you’ll be introduced to a framework for data-driven organizations. You’ll learn about the new job roles, new skills, organizational structure, and the types of technology that you need to consider for implementation. In addition, you’ll understand the key change management considerations to be successful through this transformation. This session is part 2 of a multi-session program to earn the Data-Driven Leader digital badge. To earn the badge, attendees much attend all 4 Data-Driven Leader sessions and any 1 session from the Human Intelligence sessions.Speaker(s):
The EU’s General Data Protection Regulation (GDPR) went into effect May 2018 and any organization that processes any personal data from individuals located in the EU is impacted. During this session, attendees will receive a quick refresher on complying the GDPR and what your organization should be doing now to protect personal data. Learning Objectives:
After attending this session, participants will be able to do the following:
• Recognize the requirements for complying with the EU’s General Data Protection Regulation
• Identify the appropriate steps that his or her organization should be taking to protect personal data in accordance with the regulation.
In this third session, you’ll learn what it takes develop and enable a data focused culture. To be successful as a data-driven organization, every individual must understand how to leverage data to make better decisions on a daily basis. This session will explain practical approaches to empowering your team to be data driven and proactive rather than reactive. A market-focused, proactive approach encourages innovation throughout the organization. This session is part 3 of a multi-session program to earn the Data-Driven Leader digital badge. To earn the badge, attendees much attend all 4 Data-Driven Leader sessions and any 1 session from the Human Intelligence sessions.Speaker(s):
At the end of 2017, the cryptocurrency exchange Coinbase had more users than stock brokerage Charles Schwab. Major companies like Expedia, Microsoft, and PayPal now accept forms of cryptocurrency as payment, while thousands of smaller organizations are investing in it. This surge in cryptocurrency use has left the accounting profession with major questions: How are governments looking to tax such transactions? What are possible financial statement implications? How does cryptocurrency affect tax-exempt organizations? How should firms treat clients who trade in cryptocurrency now?
Bring your tax-related cryptocurrency questions to hear the latest.
After this session, you will be able to:
• Recall what governments and standard setters are doing around cryptocurrency
• Identify new and pending rules that could impact your practice.
Responding to pushback—whether its on investment questions, fees or other client experience issues--can occasionally trip up even the most seasoned advisor, and mean the difference between landing and losing that next prospect! Hear from Ernest Clark on key ways to keep the conversation focused and build confidence.Speaker(s):
Firms that currently serve the Baby Boomers and Silent Generation clients know they will need to attract the younger generations to maintain the longevity of their firm. Forging a relationship with their clients' children is great for both the parents and their children. Yet most struggle to figure out how to connect with and provide planning services for younger generations. This session will provide you with specific recommendations for how to successfully and profitably serve NexGen clients by leveraging technology and workflow automation. Deborah Fox will share how she and her team built this service tier in their firm and what specific components made it a resounding success.
- Provide ideas for successfully serving NexGen clients, especially the children of their existing clients
- Discuss examples of how Deborah structured this service in her own firm (what to do, but more importantly, what NOT to do
Navigating the tax law changes can be tricky; it can be even harder to explain to clients how they are impacted. Whether your clients need help changing their estate structure, modifying their charitable giving strategy, considering new choices for funding college education or just navigating the complexities of retirement, you can be the primary point of contact to help them through tax (and life’s) changes. In this session, you’ll learn how to take what you know about the tax code and apply it to your individual clients in a proactive way with planning as the center of everything.
- Learning Objectives:
o How to capitalize on tax reform as a conversation to dive deeper with clients
o Understand planning opportunities that arise from the new tax law and client life transitions
o Explore options and best practices for proactively deepening client relationships
o Learn how maximize your complimentary membership with Broadridge Advisor (this tools is included with PFP Section membership)Speaker(s):
Demonstrate your firm’s commitment to the personal and professional development of your team by allowing them paid time to read at the start of each day. Use the PCPS toolkit to help kick start the program in your firm! Learning Objectives:
Learn how to kick start a successful reading program at your firm.
Learn the benefits of reading for 15 minutes at the start of each day.