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25 R A E Y
COMMON INTEREST REALTY ASSOCIATIONS CONFERENCE SEPTEMBER 21, 2015 HYATT REGENCY EMBARCADERO WEBCAST
CALCPA.ORG/CIRA
CONFERENCE OVERVIEW Overview: Back by popular demand, attend the 2015 Common Interest Realty Associations Conference for updates on important accounting, auditing, tax and legal requirements affecting housing cooperatives and townhome, condominium and homeowner associations. This event will help CPAs and attorneys better serve their common interest realty association clients. Whether you are a professional working in association management, CPA or attorney you will benefit from the expert speakers and vital information shared at this conference. Designed for: CPAs, attorneys, association managers and other professionals interested in homeowner association management, taxation and auditing. Credit Information: CPE 8 hours AA 4.5 hours FR 2 hours MCLE 3 hours NT* 1 hour *NT = Non-technical
AGENDA AT-A-GLANCE 8:30
Welcome
8:35
Industry Update
9:35
Airing Your Dirty Laundry: Fraud and the Lack of Internal Controls
10:25 BREAK 10:35 Airing Your Dirty Laundry:
Fraud and the Lack of Internal Controls (cont’d) 11:25
Professional Standards Update Related to CIRAs
12:15
LUNCH (Plated lunch provided)
1:15
Budgeting/Reserve Study Topics
2:30
BREAK
2:40
Tax Topics
3:40
Growing and Keeping Your CIRA Practice
4:30
Adjourn
COMMON INTEREST REALTY ASSOCIATIONS CONFERENCE SEPTEMBER 21, 2015 | San Francisco | Webcast Hyatt Regency San Francisco, 5 Embarcadero Center, San Francisco, CA 94111
CONFERENCE PLANNING COMMITTEE Michael J. Gartzke, CPA Conference Co-Chair Michael J. Gartzke, CPA Joelyn K. Carr-Fingerle, CPA Conference Co-Chair Young, Craig + Co., LLP, CPAs Fernanda M. Amaral, CPA Young, Craig + Co., LLP, CPAs William S. Erlanger, CPA Levy, Erlanger & Company, CPAs Gayle G. Gould, CPA Gayle G. Gould, CPA
Roy M. Helsing, PRA, RS, CCAM The Helsing Group, Inc. Geri Kennedy Focus Business Bank Marcello Lara, CPA Marcello Lara, CPA & Consultant David H. Levy, CPA, MBA Levy, Erlanger & Company, CPAs Gary A. Vogel, CPA Gary A. Vogel, CPA
SESSION DETAILS 8:30
Welcome
11:25
Joelyn K. Carr-Fingerle, CPA Conference Co-Chair Young, Craig + Co., LLP, CPAs Michael J. Gartzke, CPA Conference Co-Chair Michael J. Gartzke, CPA 8:35
Industry Update
• SSARS 21: new requirements • FASB the new revenue recognition standards particularly related to multi-year special assessments
Gayle L. Cagianut, CPA Cagianut & Company 12:15
LUNCH (Plated lunch provided)
1:15
Budgeting/Reserve Study Topics
Bruce R. Inman, Esq. Inman Law Group, LLP
• Historical trends of association reserves and costs • Managing risk and the philosophy of funding • CA budget civil code disclosures (operating, reserve and others) • Financial statement disclosures • Conflict between operating and reserves/expenses • Civil Code 4775 (maintenance of exclusive use common areas)
Deon R. Stein, Esq. Law Offices of Deon R. Stein
Michael J. Gartzke, CPA Michael J. Gartzke, CPA
• Legislative update • Trends • Drought effect • A/R collections • Davis Stirling Act
9:35
Professional Standards Update Related to CIRAs
Roy M. Helsing, PRA, RS, CCAM The Helsing Group, Inc.
Airing Your Dirty Laundry: Fraud and the Lack of Internal Controls
• Current cases • Types of fraud • Cyber theft • Signature cards • Insurance • Increase in disbursement applications (facsimile signatures/online bill paying) • SSAE16 (Relying on outside service center controls)
David H. Levy, CPA, MBA Levy, Erlanger & Company, CPAs 2:30
BREAK
2:35
Tax Topics
Moderator Joelyn K. Carr-Fingerle, CPA Young, Craig + Co., LLP, CPAs Panelists
Michael J. Gartzke, CPA Michael J. Gartzke, CPA 3:40
Geri Kennedy Focus Business Bank BREAK
10:35
Airing Your Dirty Laundry: Fraud and the Lack of Internal Controls (cont’d)
Growing and Keeping Your CIRA Practice • • • •
Timothy Cline, CIRMS, CAI Timothy Cline Insurance Agency, Inc.
10:25
Commercial associations Mixed use associations eFile waiver (CA) 1120 or 1120 H IRS and FTB audits E-filing issues for HOAs Revocation of exempt status Suspended corporations
William S. Erlanger, CPA Levy, Erlanger & Company, CPAs
Adrian J. Adams, Esq. Adams Kessler PLC Fernanda M. Amaral, CPA Young, Craig + Co., LLP, CPAs
• • • • • • • •
Becoming a helpful advisor to your clients Establishing and maintaining key relationships Succession planning Accountant’s liability insurance
Joelyn K. Carr-Fingerle, CPA Young, Craig + Co., LLP, CPAs Marcello Lara, CPA Marcello Lara, CPA & Consultant 4:30
ADJOURN
REGISTRATION INFORMATION Registration Policy All registrations are taken on a first-come, first served basis. The CalCPA Education Foundation reserves the right to refuse admission to any individual whose behavior it deems inappropriate.
Register Online calcpa.org/CIRA Conference Registration Sept. 21, 2015 5151141A | San Francisco 5151141B | Webcast Member $325 | Nonmember $425
VPE 80
VPE 40
VPE 24
Want to pay using a CPE discount program? CalCPA Education Foundation member discount programs offer great value and can be used for conferences, courses, staff training, and CPE Weeks, now including exclusive Luxury CPE destinations. calcpa.org/discounts Contact CalCPA Education Foundation P.O. Box 45066 San Francisco, CA 94145-0066 (800) 922-5272 (888) 868-8558 Fax calcpa.org Materials for this conference are provided in PDF format. Three business days before the conference, they will be accessible via calcpa.org/myevents.
VIEW AGENDA ONLINE CALCPA.ORG/CIRA
Cancellation Policy If you need to cancel your registration, you must cancel four business days prior to the event to receive a full refund. After that time a refund will be given less a $125 cancellation fee. No refunds will be given for no-shows. VPE no-shows will have the number of registered CPE hours deducted from their VPE credit. Coupon no-shows will forfeit the coupon used to register. For registration policies please go to calcpa.org/policies. Note: Topics and speakers are subject to change. For up-to-date information, please go to calcpa.org CalCPA Education Foundation is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417 or learningmarket.org.
VIEW UPCOMING CONFERENCES CPE WEEKS ISSUU.COM/CALCPA ONLINE CATALOG CALCPA.ORG/CATALOG
CalCPA Education Foundation
1800 Gateway Drive, Suite 200 San Mateo, CA 94404 800.922.5272 CalCPA.org
COMMON INTEREST REALTY ASSOCIATIONS CONFERENCE
SAN FRANCISCO | WEBCAST CALCPA.ORG/CIRA
SEPT. 21, 2015
COMMON INTEREST REALTY ASSOCIATIONS CONFERENCE PAID
Sept. 21, 2015 ■ San Francisco | Webcast
CalCPA Education Foundation
Organization U.S. Postage