March/April 2017
Certified Public Accountants Inc.
FICPA Announces Horizon Awardees
Engaging Millennials Accel 2017: Leadership and Advocacy Growing Pains of a New Firm
florida C P A
TODAY
MARCH/APRIL 2017
VOLUME 33, NUMBER 2
A P U B L I C AT I O N O F T H E F LO R I DA I N S T I T U T E O F C E R T I F I E D P U B L I C A C C O U N TA N T S
cover story
departments
12 FICPA Announces Horizon Awardees
Highlighting tomorrow’s leaders on today’s horizon
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Chair’s message President’s message News briefs CPAs in the spotlight Staff reports Marketplace DOR update Of Course
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features 6
Accel 2017: Learning About Leadership and Advocacy
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Past Presidents Were Revered Friends to FICPA, Profession
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Changing Generations: Engaging Millennials in Your Organization
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Growing Pains of a New Firm
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How a Few Little Letters Can Change Your Career
Wealth Transfer Tax Issues Affecting Non-resident Aliens
FLORIDA CPA TODAY
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F L O R I D A
PRESIDENT/CEO Deborah L. Curry, CPA, CGMA DIRECTOR OF COMMUNICATIONS & STRATEGIC MARKETING Todd Schimpf EDITOR Suellen D. Wilkins GRAPHIC DESIGNER Loleta K. Bolden EDITORIAL COMMITTEE Lynda M. Dennis, CPA, chair Ryan A. Myers, CPA, vice chair Keith C. Blackman, CPA Walter C. Copeland, CPA Douglas E. Day, CPA David J. Hochsprung, CPA Michael S. Kridel, CPA Troy Y. Manning, CPA William C. Quilliam, CPA All articles submitted to Florida CPA Today are subject to technical review, Editorial Committee review, space availability and editing requirements and restrictions. Please contact the editor before submitting unsolicited manuscripts. Florida CPA Today publishes letters to the editor in its Members’ Forum. For information about the guidelines, visit www.ficpa.org/letterstoeditor. Statements expressed herein are those of the identified authors and not necessarily those of the Florida Institute of Certified Public Accountants, Inc., nor should statements be considered endorsements of products, procedures or otherwise. The FICPA reserves the right to reject any editorial material or paid advertising that does not meet Florida CPA Today criteria or detracts from its ethical and professional standards. Florida CPA Today is published bimonthly by the Florida Institute of Certified Public Accountants, Inc., P.O. Box 5437, Tallahassee, FL 32314. Telephone: (850) 224-2727 or (800) 342-3197. (Street address: 325 West College Ave., Tallahassee, FL 32301.) Visit our website at www.ficpa.org. This magazine is provided to members of the FICPA. No specific amount of your dues, either expressed or implied, is for this publication. This magazine is not available for purchase by either FICPA members or nonmembers. For display advertising information, contact the FICPA Marketing Department at (850) 224-2727, Ext. 270. Š 2017 by the Florida Institute of Certified Public Accountants, Inc. All rights reserved. Reproduction in whole or part is prohibited without the express written consent of the FICPA.
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chair’s
Day of Service, ASLS Focus on Young and Future CPAs T
his issue of Florida CPA Today focuses on FICPA members who are younger than 36 – our young CPAs (YCPAs). Our YCPA Committee coordinates social, educational and philanthropic activities encompassing outreach to other young CPAs, local professionals and accounting students. Among those events is an initiative called CPA Day of Service, which began two years ago. The statewide event provides an opportunity for CPAs to get involved by doing good and meeting like-minded professionals with a passion for making the world a better place. CPA Day of Service is open to all FICPA members of all ages and their families, friends and colleagues. This year’s event will take place Saturday, May 20. There are several ways to get involved: •• Plan a service project for others to join. Call some of your local charity organizations to find out if they have available projects for a group of willing volunteers. It can be anything from organizing, yard work or clean up to dog walking, painting or car washing. When you have the details, register your event at www.ficpa.org/DayofService so others can participate. •• Volunteer for an available service project. Visit www.ficpa.org/ DayofService, look for a project in your area and click on the link to sign up. You’ll receive a confirmation email with project details and contact information. If you don’t see a project listed in your area, consider planning one for others to join.
FLORIDA CPA TODAY
MESSAGE
Joey Epstein, CPA
This also is a wonderful time to connect with student members who want to learn from professional role models who are willing to lead the way. Please consider the possibilities – May 20 will be here before you know it!
ASLS provides mentoring opportunities The FICPA encourages and advocates education and support for young CPAs, and for those who want to become CPAs. We offer resources to help prospective CPAs – collegelevel accounting students and professionals seeking their certification – accomplish their goals. During the Mega CPE Conference in June, FICPA members will have another opportunity to make an impact. The next generation of accounting professionals will be on site for the Accounting Scholars Leadership Symposium (ASLS). To “adopt a student,” sign up to be part of the Mentoring Lunch on Thursday, June 15. Or, when you register for the Mega Conference, make a contribution to the FICPA Educational Foundation to help cover students’ travel expenses to the conference. For more information about ASLS, visit www. ficpa.org/ASLS. To join the Mentoring Lunch, contact Jennifer Allen at (850) 224-2727, Ext. 422, or allenj@ficpa.org. Lastly, after a short CFO stint, I am back in public accounting with MBAF. I want to thank Tony Argiz and all the partners of the firm for allowing me to continue my career with them. FCT www.ficpa.org
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Accel 2017: Learning About Leadership and Advocacy By John Kirk, CPA
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he FICPA’s Young CPA (YCPA) Committee hosted the Accel 2017 Leadership Forum & Capitol Day Jan. 12-13. This year, 20 YCPAs from throughout Florida traveled to Tallahassee to learn more about the legislative process and attend the Leadership Forum. The first day began with breakfast in the Senate Office Building. Justin Thames, FICPA director of governmental affairs, discussed the process of advocating on our behalf at the state level. Over 1,800 bills are filed each year, and each can contain language that could help or harm our profession. Our governmental affairs team monitors these bills and uses key relationships to support bills or help prevent them from becoming law. There are multiple ways in which a bill can be stopped and only about 15 percent of bills become law.
Throughout the day, Justin introduced us to dozens of legislators. We first were greeted by Sen. Bill Montford, who talked about the importance of representation and the need for young leaders like us. Justin then introduced Florida CFO Jeff Atwater, who provided insight about our state’s budget and told great stories about his experiences serving the state. During lunch, we met with three CPA legislators: Reps. Joe Gruters, Dan Raulerson and Cyndi Stevenson.
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local restaurant, where CPA Rep. David Richardson and other legislators came out to visit with us. The second day began the Accel Leadership Forum at the Governors Club. The Forum was presented by Dan Griffiths, CPA, CGMA, who led the group in selfawareness and strength-based leadership. He discussed the importance of identifying our strengths and realizing how they also could be weaknesses if taken to the extreme. He provided insight about finding coaches and mentors, and determining the differences between them. During the second half of the Forum, we discussed where the CPA profession will trend in the future. We talked about business models of today’s firms and what they may look like years down the road. Through the implementation of artificial audit intelligence and computerized tax compliance, those models may be forced to adapt. The Accel Leadership Forum & Capitol Day was quite a success, yielding a great deal of information and giving participants a chance to form tight networking connections. FCT
We continued with a tour of the House Chambers, gaining insight about the process during which legislators present and vote on bills. The night ended with a reception at a
John Kirk, CPA is an audit manager with Thomson Brock Luger & Company, working primarily in attestation engagements in non-profit, governmental and construction industries. He is chair of the FICPA YCPA Committee, serves on the FSU Accounting Conference Committee and is the Tallahassee Chapter CPE liaison.
YCPAs met with Reps. Joe Gruters, CPA; Cyndi Stevenson, CPA; and Dan Raulerson, CPA (center, left to right) at the Florida Capitol.
Dan Griffiths, CPA, CGMA (front center) presented the Accel Leadership Forum to YCPAs at the Governors Club in Tallahassee.
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president’s
MESSAGE
Ahead of the Curve: Remaining Relevant to the Next Generation Deborah L. Curry, CPA, CGMA
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n this issue of Florida CPA Today, we highlight the recipients of our 2017 Horizon Awards. They’re an impressive group of young CPAs (YCPAs) representing the future of our profession, and there’s no doubt their accomplishments were a result of hard work, focus and the ability to channel efforts toward defined goals. Also in this issue, YCPA Committee Chair John Kirk recaps Accel 2017, one of our leadership events for YCPAs. During the two-day program, attendees met with legislators at the Florida Capitol and attended a daylong forum focusing on leadership skills presented by Dan Griffiths, CPA, CGMA. This program, held annually, gives YCPAs a firsthand look at the way state government operates and presents them with an opportunity to enhance their professional skills while networking with their peers who live in other areas of the state. One has only to listen to the news or read the numerous articles available about generational differences in today’s workforce to understand the challenges of constant change. In a recent article in The Wall Street Journal,1 Clemson University Head Football Coach Dabo Swinney said he relates to players differently than in the old days. His players today “come from a generation where everyone wants to know why.” Coach Swinney subscribes to the philosophy that, “if you can tell them (the athletes) why, they’ll do whatever you say.” One of my favorite subject-matter experts and keynote speakers, Sarah Sladek of XYZ University, specializes in helping organizations engage younger generations. During her presentations, Sladek explains that although 48 percent of Millenials are planning to shift jobs in the next 24 months, employers can create an environment where these young professionals can learn, grow and find fulfillment in jobs that tap into their values for collaboration, education and financial stability. FLORIDA CPA TODAY
These values may not be so different from those each of us desire from our careers, regardless of age. And retaining this generation in your organization is imperative to mitigate the rising cost of employee turnover – now estimated to cost our nation’s companies $30.5 billion per year. In Sladek’s most recent book, Knowing Y: Engage the Next Generation Now, she offers insight into what is most important to Millenials when they’re looking for the company or firm with whom they’ll connect. XYZ University’s Special Report, Why They Quit: Understanding the Billion-dollar Millennial Employee Turnover Epidemic, also is a good read. You may access the report at www. ficpa.org/millennials. Although the business world operates differently with respect to “doing whatever you say,” the generational differences are similar to what Coach Swinney experiences. Today’s younger employees want to know what you’re doing, why you’re doing it and how you’re going to do it. If employers can’t answer those straightforward “blocking and tackling” -type questions, they risk Millennial turnover to another “team” that not only is willing to answer those questions, but is promoting that culture in its business. I’m proud that our FICPA membership includes over 4,800 accounting students and educators, associate members and CPAs who are younger than 36. This generation of leaders is coming into their own during an era of unprecedented change and disruption that demands versatility and acceptance to stay ahead of the curve. I look forward to supporting their success in the professional accounting space and learning how our association can remain relevant to them in the future. FCT
Footnote Ben Cohen, “Victory for the Anti-Saban,” The Wall Street Journal, Jan. 10, 2017.
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www.ficpa.org
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Past Presidents Were Revered Friends to FICPA, Profession
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wo FICPA Past Presidents, James M. “Jim” Lane and E.M. “Jim” Campbell Jr., recently passed away.
“We were deeply saddened to learn of the passing of these members,” said FICPA President/CEO Deborah Curry. “Each of them served the Institute, and our profession, very graciously throughout their careers. We truly appreciate all of their dedicated effort on the profession’s behalf. They will be greatly missed.” With these tributes, we honor their memories and their commitment to the FICPA and the CPA profession.
James M. “Jim” Lane
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efforts of the FICPA Educational Foundation (EDF), serving as an EDF trustee for 13 years and as the EDF’s president from 1988 to1989. “Jim was a wonderful mentor and advisor. There are a number of people here today who can attest to this quality,” said FICPA Past President Pat Knipe, who delivered the eulogy at Lane’s funeral. “He spent many hours of his working and personal life helping others – professional associates, family, friends – to better understand themselves, face and address their problems and in so doing to realize their full potential. You might not always like to hear what Jim had to say, but he was honest and you undoubtedly were better off if you paid attention and heeded his advice.”
FICPA Past President James M. “Jim” Lane, 76, passed away Tuesday, Jan. 17, 2017. Lane, of Winter Park, was a partner emeritus with WithumSmith + Brown, PC.
Lane oversaw the completion of the FICPA’s building in Tallahassee and supervised the local relocation of the Institute’s headquarters. He also contributed to the development of the FICPA’s Health Benefit Trust, an affordable health care plan that included medical, dental and disability coverage.
“I worked with Jim in our roles on the FICPA Board of Governors and on the Florida Board of Accountancy,” said Board James M. “Jim” Lane of Accountancy Chair and FICPA Past President David Dennis. “He was the kind of guy who could disagree with you without being disagreeable, and then join you in a cocktail. His favorite wine is a Cakebread Chardonnay and every time I open a bottle, I’ll think of him.”
“Jim was like a big brother to me, always offering sound advice and counsel, not to mention a lot of encouragement,” said FICPA Past President Scott Rhine. “He was my mentor in the FICPA; in fact, he mentored a lot of people in the FICPA and the CPA profession. He was the guy who always saw the silver lining when the going was tough – especially for you. I was proud to serve as one of Jim’s vice presidents during his year as FICPA president. He was my role model and inspiration to continue and ultimately become president a few years later. He exemplified what the profession was all about – he was Mr. FICPA to all of us.”
Lane earned his bachelor’s degree in accounting from Spring Hill College in Mobile, Ala. He was a member of the Florida Board of Accountancy and a life member of the FICPA. He served in multiple FICPA positions, including as its president from 1984 to 1985. He supported the
“I met Jim in 1979 when he hired me out of college for my first accounting job,” said Tom Durkee, a partner at WithumSmith + Brown, PC. “He gave me a start in the profession and, frankly, more of a chance than I
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probably deserved. Late in his career he came to work with our firm in the midst of the great recession. Jim told us things would be fine, that we were a good firm and there was a demand for quality firms like ours. And he was right. At every stage of his career he was a positive influence on his partners and staff, and a good friend.” I left Ernst & Whinney in 1980 to work for Jim’s firm,” said Ed Hofma, a partner at WithumSmith + Brown, PC. “Jim began delegating large amounts of work to me very early in my career. Through those assignments, he provided significant mentoring that dealt with the technical issues, and client-service issues that were inherent in the assignments. These experiences helped me advance in many ways. We had many discussions about the nature of public accounting as an industry, and many of the foundations he laid are still with me today.” To honor Lane and his legacy, BOA Chair and FICPA Past President David Dennis established the James M. Lane Endowment. The $25,000 endowment, once funded, will provide one $1,000 scholarship in Lane’s name to a deserving University of Florida accounting student annually. Online donations may be made by visiting www.ficpa.org/ Lane, or mail a check payable to the FICPA Educational Foundation to P.O. Box 5437, Tallahassee, FL 32314.
E.M. “Jim” Campbell Jr. FICPA Past President Jim Campbell passed away Dec. 11 following a short and valiant battle with multiple myeloma. Married to wife Geri Campbell for 62 years, Jim was an exceptional husband; father to two sons, Ned and Robert; grandfather to four; CPA; and FICPA leader.
E.M. “Jim” Campbell Jr.
“Our friendship started as we served together on a variety of FICPA committees, the Executive Committee and Board of Governors and extended for 30 years,” said FICPA Past President Art Stites. “We had a natural affinity from the start because we had similar-type practices with common concerns for the profession. As we traveled together to the FICPA and AICPA meetings, our spouses and families met and also became good friends. I was always amazed at the vast range of talents and interests Jim pursued beyond accounting. He was adept at woodworking, computers and electronics. Many people have said it and I witnessed it many times over the years – Jim never met a stranger.” And as one who never met a stranger, Campbell never stopped making new connections and renewing old ones. “He was one of the boys from old Florida and a loyal Gator fan in all kinds of weather. I attended Gator football games with him for 49 years,” said his son and longtime FICPA past-staffer, Ned Campbell. Jim was managing partner of Campbell & Associates, PA, CPA in Winter Haven and a 47-year member of the FICPA. He led by example, serving his profession through many FICPA positions including service as FICPA President (1986-87). During his tenure, President Campbell implemented plans for the FICPA’s first Accounting Show. He also worked toward repealing “Sales Tax on Services” legislation that would have imposed a 5 percent sales tax on all professional services in 1987.
Jim and his wife, Ann, enjoy a trip to Washington, D.C.
FLORIDA CPA TODAY
A visionary, Jim held the first CPA-TV teleconference live in Washington, D.C., which broadcast discussion about the 1986 Tax Reform Act to 11,000 CPAs throughout the country. And, he reviewed and recommended changes to the AICPA’s “Anderson Committee Report,” a national committee addressing standards of professional conduct. (continued on page 11) www.ficpa.org
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NEWS
briefs
FICPA members staff “Ask a CPA” on Fox 13
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n Feb. 9, 10 FICPA member-volunteers staffed a phone bank, “Ask A CPA,” during Fox 13’s Good Day Tampa Bay morning show. The members answered viewers’ calls from 7 to 9:30 a.m. “I assisted over 50 callers with their tax questions,” said Thuy Tra, who has volunteered for several years for the event. “While most were concerned with the Affordable Health Care Act and Social Security Benefits, we also fielded inquiries about inheritance tax, real-estate sales, and rental and investment properties. I’m glad that, as a CPA, I could help.” Three FICPA members were featured in short on-camera appearances. CJ Zygadlo spoke to anchor Walter Allen about avoiding identity theft as well as phone, phishing and fakecharity scams. Terry Kuhn talked with anchor Laura Moody about tax-savings opportunities and tax mistakes to avoid, encouraging viewers not to wait to file their tax returns. Steve Osiason spoke with anchor Russell Rhodes about college costs and determining what is deductible. Viewers were reminded they can visit the Florida Department of Business and Professional Regulation’s website to search for individual CPAs and CPA firms, and to verify a professional’s license status. Kristen Moore, special projects producer for
Fox 13 WTVT, thanked the FICPA and member-volunteers and requested help with the event next year. FICPA Market Development Manager Morgan Watson, CPA, CGMA, coordinated the event. “We encourage FICPA members’ active participation and involvement,” Watson said, “and this is a great example of how CPAs give to their communities.” A special thank you to these members and their organizations for volunteering their valuable time: •• Chad Beacham, Brimmer, Burek & Keelan LLP •• Claude Hobbs Jr., CPA •• Terry Kuhn, Brimmer, Burek & Keelan LLP •• Brian Leidel, Kerkering, Barberio & Company, CPA •• Matt Nicholas, CBIZ MHM, LLC •• Steven H. Osiason, CPA, PLLC •• Steve Platau, University of Tampa •• Michael Price, Shinn & Company, PA •• Thuy N. Tra, CPA, PA •• CJ Zygadlo, PDR Certified Public Accountants FCT If you’d like information about this event, contact Morgan Watson at watsonm@ficpa.org.
Steve Osiason (left) talks with Russell Rhodes about college expenses and deductions.
CJ Zygadlo talks with Walter Allen about identity theft and other scams.
Terry Kuhn talks with Laura Moody about tax-related savings and mistakes.
Ten FICPA members staff a phone bank, “Ask A CPA,” during Fox 13’s Good Day Tampa Bay morning show. Pictured left to right, back row – Matt Nicholas, Chad Beacham and Brian Leidel; middle row – Steve Platau, Steve Osiason, Terry Kuhn and CJ Zygadlo; front row – Thuy Tra, Mike Price and Claude Hobbs Jr.
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Past Presidents Were Revered Friends to FICPA, Profession (continued from page 9) “Jim gave a lot of himself to the profession and to the FICPA,” said FICPA Past President Wilber Van Scoik. “He preceded me as president, was my mentor and became a close friend. He made my year much easier. Geri and Judy became friends and the four of us continued to see each other over the 29 years that followed. I will surely miss Jim for my remaining days.” “Jim was probably the most adult adult I’ve ever met,” said Campbell’s daughter-in-law, Lisa, who delivered the eulogy at his funeral. “Need to know how to build something? How to fix your computer? What’s wrong with your yard? Why your car is making that weird noise? Where to get the cheapest gas? The fastest/shortest route to anywhere? How to solve a personnel problem? Jim knew things. And he was happy to share what he knew with all of us. Not as a know it all, but because he cared and because he loved to learn and to solve problems. If he loved you, if you had a problem, and especially if he had to learn something to help you solve it, he was just so happy.”
Jim and Geri Campbell met in 1952 and were married 62 years.
Barie elected to IFAC Board of Directors
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ICPA Past President Tommye Barie recently was elected to represent the U.S. on the International Federation of Accountants (IFAC) Board of Directors. IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC supports development, promotion, and enforcement of high-quality internationally recognized standards for auditing and assurance; education; ethics; and publicsector accounting.
approximately 2.8 million accountants in public practice, education, government service, industry and commerce. Barie holds one of 23 Board seats comprised of people from all parts of the world. She also will serve as a member of IFAC’s Audit Committee. FCT
IFAC has members in 130 countries representing
Barie meets with IFAC Deputy President In-Ki Joo of South Korea.
FLORIDA CPA TODAY
The Campbell family has asked that any memorial contributions be made to the FICPA Educational Foundation. Online donations may be made by visiting www.ficpa.org/ Campbell or, mail a check payable to the FICPA Educational Foundation at P.O. Box 5437, Tallahassee, FL 32314. FCT
IRS names Cathell to IRPAC
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he IRS recently announced the selection of seven new members for the Information Reporting Program Advisory Committee (IRPAC). Among them is FICPA member Randall Cathell. Cathell is a tax managing director for Crowe Horwath, LLP in Fort Lauderdale and heads the firm’s international information reporting practice. He also serves as the firm’s lead international tax professional in Florida. Cathell has more than 20 years of experience in federal, international and state tax matters. He focuses on subchapter C corporations and partnerships in the private and public sectors, in addition to foreign nationals with U.S. investments. He specializes in
Randall Cathell, CPA
companies with international operations, from planning and compliance perspectives. Cathell is an AICPA member and a Tax Executives Institute chapter liaison. The IRPAC, established in 1991, provides an organized public forum for discussion of tax-information reporting issues between IRS officials and representatives of the public. Cathell will serve on the committee for a three-year term beginning this year. FCT www.ficpa.org
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F I C PA
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FICPA Announces Horizon Awardees
Highlighting tomorrow’s leaders on today’s horizon The FICPA is happy to announce the winners of its 2017 Horizon Awards, recognizing the brightest young CPAs at the forefront of our profession. Through service to our organization and their own, they are advancing the CPA profession and working to better their communities “We’re excited to announce the recipients of the Horizon Awards, our program dedicated to recognizing our young CPA members,” said FICPA President/ CEO Deborah Curry, CPA, CGMA.” “We commend them for their hard work and determination, and we thank them for the contributions they’ve made on behalf of the FICPA and our profession.” 12 MARCH/APRIL 2017
Ileana Alvarez, CPA Vizcaino Zomerfeld, LLP Ileana Alvarez became a principal of Vizcaino Zomerfeld, LLP’s quality control after 11 years with the firm. Before being admitted as the principal in charge of the firm’s quality control, she worked in the audit department, performing and supervising fieldwork on for-profit and not-for-profit engagements in various industries. She has developed an expertise in the not-for-profit industry, specializing in A-Federal and Florida State Single Audits, as well as yellow book engagements. She also leads the firm’s peer review department. Alvarez is an AICPA member and lectures at professional seminars. She is on the board of the United Way Audit Committee of Miami Dade County and was chair of the committee. She is a member of the FICPA Peer Review committee and the President of the Cuban American CPA Association. She holds a bachelor’s degree in accounting from Florida International University and a master’s degree in accounting from St. Thomas University.
Elisabeth Ashley, CPA Carr, Riggs & Ingram, LLC Elisabeth Ashley is a tax manager at Carr, Riggs & Ingram with nine years of accounting experience. She provides federal and multistate taxation and advisory services to high net worth individuals and closely-held businesses in a range of industries. She is an AICPA member and has been actively involved in the FICPA since 2013. Ashley completed her bachelor’s degrees at the University of Florida and the University of West Florida, where she speaks at Beta Alpha Psi events to educate future CPAs about the profession. FLORIDA CPA TODAY
She is a member of multiple chambers of commerce, serves on leadership committees for American Cancer Society and UUFEC, and is dedicated to volunteer initiatives such as United Way, combating poverty and domestic violence.
Ryan Barnes, CPA Thomas Howell Ferguson, PA CPAs Ryan Barnes has approximately two years of experience in providing assurance and auditing services. He is a senior at Thomas Howell Ferguson PA CPAs and has worked with a variety of clients including not-for-profit, governmental and insurance organizations. He also has experience providing compilation, review and agreed-upon procedure services in addition to his audit experience. Barnes graduated from Florida State University with a bachelor’s degree in accounting and a bachelor’s degree in finance. He is an AICPA member and serves on the FICPA’s Young CPA Committee. He is active in community activities including charity drives, fundraisers and working-wellness events. A competitive kayaker, Barnes was on the 2015 winning team in the Tallahassee Corporate Cup Challenge.
Lydia Desnoyers, CPA, CFE Desnoyers CPA, LLC Lydia C. Desnoyers, CPA, CFE is the founder and owner of Desnoyers CPA, LLC – a Miami-based company specializing in tax preparation and strategies, forensic accounting and business management consulting. She earned her bachelor’s degree in accounting from Florida State University and her master’s in accounting from Nova Southeastern University. She is working on becoming a Certified Valuation Analyst. Desnoyers is a former adjunct www.ficpa.org
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professor of Miami-Dade College’s School of Business, a public speaker and a volunteer mentor. She is the treasurer of the Board of Honey Shine Inc. and a past chair of the FICPA’s South Dade Chapter. Desnoyers was recognized by Legacy Magazine as one of the top 40 under 40 professionals in an August 2016 issue of the Miami Herald. She is slated to speak at the 2017 FSU Accounting Conference and the 2017 FICPA Mega Conference.
Stephen Farbish, CPA EisnerAmper LLP Stephen Farbish has nearly 10 years of experience planning, and supervising multiple tax and accounting service engagements in a variety of industries, with a focus on health care and real estate. He has worked extensively with high net worth individuals and closely held businesses on federal and international tax compliance issues. Farbish provides a range of services, including reviewed and compiled financial statements; outsourced finance and accounting; and tax planning, preparation and consulting for businesses and individuals. Farbish is a member of the AICPA and of Business Networking International, Collaboration Chapter. He serves as treasurer on the Miami Beach Chamber of Commerce Board of Governors and is active in Temple Judea and its Young Adults Committee.
Delia Finnerty, CPA Law, Redd, Crona & Munroe, PA Delia Finnerty is an audit manager with Law, Redd, Crona & Munroe, PA and has been with the firm for 12 years. She provides accounting and auditing services to not-for-profit, governmental and private for-profit entities. She earned her bachelor’s degrees in accounting and finance and her master’s of accountancy from Florida State University. 14 MARCH/APRIL 2017
Finnerty is an AICPA member and is actively involved with the FICPA. She is a member of the FICPA’s FSU Accounting Conference and Young CPA committees and currently serves as chair of the Tallahassee Chapter. She will begin a two-year term on the FICPA Council in 2017.
Andrew Gray, CPA Daszkal Bolton Andrew Gray is a tax manager at Daszkal Bolton with over six years of experience focused on tax planning and compliance for businesses and their owners. He specializes in tax consulting and compliance for exempt organizations and advises high net-worth families in charitable giving strategies. Gray speaks on the topics of leadership, tax planning, Form 990, Unrelated Business Income, public support and other topics. He also advises nonprofit organizations with start-up and ongoing compliance matters. He is the board chair for Nonprofits First and the Treasurer for the Northern Palm Beach County Chamber of Commerce Foundation and serves on the Planned Giving Council for Place of Hope, a faith-based foster care organization. He is a member of the AICPA and the Ohio Society of CPAs and has a current CPA license in Ohio.
Juan Hidalgo, CPA Morrison, Brown, Argiz and Farra Juan J. Hidalgo is a rising director in the audit department at Morrison, Brown, Argiz and Farra in the Middle Market Group. Hidalgo joined the firm in 2004 after receiving his B.A. and M.B.A. from Florida International University. He specializes in providing assurance and advisory services in the manufacturing, retail and wholesale/ distribution industries, where he has executed high quality attest and non-attest engagements and has helped implement tax-savings strategies such as LIFO inventory and IC-DISCs. He also has experience in audits of employee benefit plans, timeshares and motorsports dealerships.
Hidalgo has served as secretary and CPE chapter liaison of the FICPA’s Miami Downtown Chapter. He is treasurer of the Florida International University Young Alumni Council, serves on the Greater Miami Chamber of Commerce’s Sports Committee, and is an Audit Committee member for the United Way of Miami-Dade County.
Richard Jung, CPA, JD Morrison, Brown Argiz and Farra Richard Jung, CPA, JD is a senior in the tax and accounting department at Morrison, Brown, Argiz and Farra. He has been in the public accounting profession since 2011. Jung has particular expertise in tax research. His knowledge and experience includes providing traditional tax, accounting and consulting services to closely held entities, corporations, partnerships and individuals. Jung earned his juris doctor degree at the University of Florida and graduated cum laude from the University of Miami with his bachelor’s of business administration in accounting. He joined the board of the FICPA Broward Chapter in 2012 and is its current chair. He is a member of the Florida Bar.
on the planning committee that organizes sponsorships and presenters for Capital Medical Society’s membership education updates.
John Kirk, CPA Thomson Brock Luger & Company John Kirk is an audit manager with Thomson Brock Luger & Company. He has over eight years of experience in public accounting, specifically audit and attestation engagements for nonprofit, governmental, employee benefit plans and construction industries. He graduated with a bachelor’s degree in accounting and finance from Florida State University. Kirk has served on the FICPA’s YCPA committee for five years, assisting in various leadership and community outreach activities, and currently serves as the committee’s chair. He also is a member of the FICPA FSU Accounting Conference Committee and serves as CPE liaison for the FICPA’s Tallahassee Chapter. He has co-written articles for Florida CPA Today and has multiple posts in the YCPA Young and Licensed Blog.
Veronica Larriva, CPA McHale, Caruso, Scullion and Knox
Michael Kalifeh, CPA, CFST Thomas Howell Ferguson PA CPAs Michael Kalifeh has over 13 years of experience in providing tax compliance and consulting services to a variety of clients. At Thomas Howell Ferguson, he is a shareholder and the leader of tax services department. His service to clients also includes representation on various tax matters before the IRS and various states’ departments of revenue. Kalifeh earned his bachelor’s in accounting and his master’s of accounting with an emphasis on taxation at Florida State University. He currently serves as president of the Governors Club and has been appointed to the Tallahassee Market Advisory Board for Hancock Bank and the Board of Lee’s Place. He has served as a loaned executive to the United Way of the Big Bend and serves FLORIDA CPA TODAY
Veronica Larriva is a forensic accountant at McHale, Caruso, Scullion, and Knox in Fort Myers. She has over eight years of experience with the firm, focusing on forensic accounting, litigation support, receivership administration and bankruptcy analysis. Larriva earned her bachelor’s degree in accounting with a minor in business administration, and her master’s in accounting and taxation, from Florida Gulf Coast University. She became a licensed CPA in the State of Florida in 2014. She is chair of the FICPA’s Southwest Florida Chapter; vice chair of the FICPA Florida Gulf Coast University Accounting & Tax Conference; and serves on the FICPA’s Valuation, Forensic Accounting & Litigation Committee and YCPA Committee. She frequently is invited to speak at FICPA conferences and to accounting students at her alma mater. www.ficpa.org
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Ryan McKenzie, CPA True Partners Consulting Ryan N. McKenzie began his career with True Partners in 2006 and is a managing director in True Partners Consulting’s Tampa office. He specializes in corporate taxation including accounting for income taxes (ASC 740); federal income tax compliance; foreign tax credit preparation and analysis; accounting for uncertain tax positions (ASC 740-10); accounting for stock-based compensation (ASC 718); Section 382 studies; E&P studies; tax department outsourcing; and other areas of federal income tax consulting. He has extensive experience in preparing corporate and pass-through income tax returns. He advises publicly traded and privately held clients in a variety of industries including professional-employer organizations and technology; health care; real-estate development; retail; and professional-service firms. McKenzie holds two bachelors’ of science in business administration, magna cum laude, with majors in accounting and finance from the University of South Florida. He is member of the AICPA.
Natasha Novikov, CPA/CFF, CFE Federal Bureau of Investigation Natasha Novikov is a forensic accountant with the Federal Bureau of Investigation (FBI) in the Tampa division’s Orlando resident agency. She investigates federal violations covering multiple programs and is a member of the FBI’s Corporate Fraud Response Team. She is the division’s forensic accountant program coordinator and served as the terrorist financing coordinator and field counselor at the FBI Forensic Accountant Academy in Quantico. She is a member of the Employee Advisory Council and is the Tampa representative on the Director’s Advisory Committee. Novikov graduated from the University of Virginia with a master’s degree in accounting and from the University of Florida with a bachelor’s degree in finance. She was named the 2015 Certified Fraud Examiner of the Year by the Association of Certified Fraud Examiners, the 16 MARCH/APRIL 2017
2016 Women to Watch Emerging Leader by the FICPA, and a 2015 Standing Ovation Award recipient by the AICPA Forensic and Valuation Services Section. She is a member of the FICPA’s Accounting Careers and Young CPA committees and the AICPA’s Certified in Financial Forensics Credential and Student Recruitment committees. She is chair of the AICPA’s CFF Exam Task Force and is a CFF Champion for Florida.
Monica Ospina, CPA, ABV, CFF Forensic Accountants & Consultants, PA Monica Ospina has 10 years of experience providing forensic accounting, litigation support and expert witness testimony. She is president and founder of Forensic Accountants & Consultants, PA, a boutique firm specializing in the areas of lost profits, damages, business interruption claims, fraud investigations, marital dissolutions, royalty disputes and many more. Established in 2013, the firm focuses on providing exceptional personal attention and efficient solutions to its clients through innovative presentation of financial evidence in the form of reports, exhibits and visual aids. In its three years of existence, the firm has experienced significant growth and has strategically positioned itself geographically in South Florida and Tampa to serve clients in these areas. Ospina taught fraud examination at Florida Atlantic University and has been a guest speaker at the University of Miami School of Law and at the American Academy of Matrimonial Lawyers Annual Institute. She has served on the boards of Self-Reliance Inc., a non-profit organization for persons with disabilities; the Plant High Rowing Association; the Tampa Bay Academy of Collaborative Divorce; and the Florida Academy of Collaborative Practice.
Amanda Porupski, CPA CBIZ MHM Amanda M. Porupski is a senior analyst in the forensic financial services/litigation support department in the Tampa office of CBIZ MHM. She earned her bachelor’s of science in accounting and master’s of accountancy from the University of South Florida. Porupski has worked on a number of
high-profile cases involving complex financial matters across a variety of disciplines. Her practice areas include dissolution of marriage; business damages; shareholder disputes; business valuations and appraisals; pension valuations; economic damages; and fraud investigations. Porupski is a member of the FICPA’s Valuation, Forensic Accounting & Litigation Services Committee; Young CPAs Committee; and University of South Florida Accounting Conference Committee. She is a member of the Hillsborough County Bar Association, Clearwater Bar Association and Hillsborough Association of Women Lawyers. She serves on the Board of Directors of the American Woman’s Society of CPAs, Tampa Bay and the University of South Florida Accounting Circle.
Richard Puerto, CPA Puerto Renfrow, PLLC Richard F. Puerto is a Founding partner at Puerto Renfrow, PLLC and managing partner of the tax department. He works with clients domestically and internationally in a variety of industries to plan and implement tax saving strategies. In many cases, he serves as a business advisor to closely held businesses and their owners while providing them with IRS and state tax representation. He holds a bachelor of science in accounting from the Fisher School of Accounting at the University of Florida and a master of science in taxation from the Florida International University. Puerto has been involved in various professional organizations, including the Cuban American CPA Association, and served as 2011-2012 president of the FICPA Miami-Dade Chapter. He recently finished a threeyear term on the Florida Bar Grievance Committee and worked with various campaigns and political action committees. He is a tax advisor to various not-for-profit entities and serves on the boards of International Kids Fund and Ride for the Fight.
Gabe Shibly, CPA Orlando City Soccer Club Gabe Shibly is the accounting manager for Orlando City Soccer Club. He manages all financial activities for the club which includes oversight of the Orlando City (men’s professional team), the Orlando Pride (women’s professional team) and Orlando City B (USL team). Before joining Orlando City Soccer FLORIDA CPA TODAY
Club, he served as audit manager for Saltmarsh Cleaveland & Gund in Orlando and as senior auditor for Carr, Riggs & Ingram in Melbourne. In his auditor roles, his primary areas of focus included financial institutions; employee benefit plans; not-for-profit; manufacturing; construction; 990s; governmental entities; compilation and review engagements; and internal audits. Shibly obtained his master of accountancy and BSBA in accounting information systems from Stetson University. At Stetson, he was an NCAA Division I Scholar Athlete helping his men’s soccer team to its first visit to the NCAA National Tournament. Although he enjoys traveling the world (over 20 countries so far), he has lived most of his life in Central Florida. In his free time he enjoys playing soccer and basketball and spending time with his family.
Caridad Vasallo, CPA VMBG Accounting Caridad “Carey” Vasallo is a partner at VMBG Accounting and practice leader for the firm’s Consulting Services division. With over a decade of experience providing litigation support and consulting services, Vasallo specializes in assisting high net worth individuals in marital dispute cases. She recently was elected to the FICPA Board of Directors for a two-year term effective July 1, 2017 and currently serves on the FICPA’s Valuation, Forensic Accounting & Litigation Committee, Health Care Industry Conference Committee and Chapter Operations Committee. She also serves on the Accounting Advisory Board for Florida International University. Vasallo was a recipient of CPA Practice Advisor’s 2016 Top 40 Under 40 Award and the National Association of Certified Valuators 2016 Top 40 Under 40 Award, and was an FICPA 2015 26 Under 36 honoree. She also was a nominee for the 2015 AICPA/FICPA Women to Watch Award. She has been featured on WSVN Channel 7 News and WNN 1470 AM radio and published in Florida CPA Today (see page 22) and The Pinecrest Tribune. Vasallo prepares periodic lectures and workshops for the community. FCT
www.ficpa.org
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Changing Generations: Engaging Millennials in Your Organization
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illennials are taking over the workplace. Maybe it isn’t quite that extreme, but many business owners and managers are challenged with the issue of turning the
characteristics of the millennial generation into business results. This generation, whose birth years begin in the early 1980s and end in the mid-1990s to early 2000s, has been described as self-centered, jumping from job to job without loyalty, and constantly wanting promotions. What can a manager do to harness and engage them to build their organization? Organizations need to be intentional about their culture. Recent cultural hot topics include work-life balance, flexible working arrangements and similar items. If those aren’t a true or realistic part of your organization’s culture, be upfront about it. That will leave your organization open to attracting realistic, long-term employees, rather than those who feel there’s distrust between themselves and their employers. In a November 2016 article in Entrepreneur magazine, Jim Moffatt, chairman and CEO of Deloitte Consulting, describes millennials as willing to put in the work to build an organization’s brand and culture. This seems to be related to trust. In its report titled “Revitalizing a Changing Workforce,” the Society of Human Resource Management concluded millennials place high importance on openness, equality, community and purpose. This opens the door for organizations to have the cornerstones of a culture that is well defined and not open for discussion, but to empower others to fill it in. To get the best engagement and buyin from millennial employees, companies and managers should be honest about what their organization stands for and where it wants to go.
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By Ryan Myers, CPA
Millennials seek to take risks – kind of. They’ve been considered a generation that shoots first and aims later. In a Time magazine article titled “Millennials: The Me Me Me Generation,” Florida State University psychology professor Roy Baumeister describes millennials as wanting instant gratification and positive feedback,
primarily because of a parenting approach that tried to boost self-esteem but may have created a need for very timely results. This leads to a business environment of wanting problems solved instantly and solutions that may not be fully vetted.
And although this cohort is considered risk takers, it is the generation that came of age in the Great Recession. They observed the results of Enron, the banking crisis and 9/11. This leads to a more conservative outlook on the big picture than it may appear. How can a firm find the best in these situations?
show leadership skills and be empowered in their work. This must be done with accountability. Especially with this generation’s desire for constant and timely feedback, it’s a wonderful opportunity for managers to hold millennials accountable to organizational standards and expectations.
Empowerment, with accountability. Moffatt concluded from a Deloitte survey that millennials are seeking to
Another way an organization can mandate its values while engaging millennials is to set transparent goals on an individual level, but be prepared to follow through with appropriate feedback. Millennials want to achieve small missions and earn success. The side note is millennials generally haven’t experienced failure: they are the generation of participation trophies. Setting transparent goals allows the reality of failure if sales quotas aren’t met, or other milestones aren’t achieved. According to the Pew Research Center’s 2014 report, Millennials in Adulthood, millennials have higher levels of student loan debt, poverty and unemployment, and lower levels of wealth and personal income than Generation X or the Baby Boomers (at their same stage in life). These factors create a motivation to make the best for themselves, and to have an entrepreneurial outlook. Having open and clear goals can take that millennial-generation motivation and turn social-media searching into tangible results for the organization. Unexpectedly, millennials are fairly honest about themselves. The Guardian, along with the Associated Press, released a September 2015 study in which
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millennials described their generation as “self-absorbed,” “wasteful,” and “greedy.” The Baby Boomers’ top three descriptions of themselves were “hard-working,” “responsible,” and “patriotic.” Although the reality of any of it could be debated, it indicates the millennial group is self-critical and may see situations more realistically. This could allow non-millennial managers and co-workers to talk openly with millennial employees about possible challenges, because there may be more agreement than either side thinks.
ability and motivation can be focused into productive results if managers can find the key to using and focusing that energy in their organizations. FCT Ryan Myers is an audit supervisor for WithumSmith+Brown in Orlando. He has a master’s in accounting from Iowa State University. He is a member of the FICPA Young CPA Committee and serves as vice chair of the FICPA Editorial Committee.
Millennials have a lot of passion and technological experience, but apply their skills with much different life experiences than their predecessors. This generation has made it common to see pictures of grandchildren from across the globe in seconds through social media and has created marketing home runs like the “ice bucket challenge.” This creative
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Growing Pains of a New Firm By Caridad Vasallo, CPA
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hey term us “millennipreneurs.” We are between the ages of 20 to 35, and unlike prior generations, we’re starting businesses at a rapid rate and at a younger age. We want independence, flexibility and control over our careers. We are ready to make an impact, not just in business, but in society. I became a millennipreneur after my last employment failed. I asked myself, “What would make me happy with my career again?” Almost immediately, I realized I wanted to become an entrepreneur. I envisioned a path where I could take on interesting projects and work on my own from any location...mainly the beach. However, as my tan quickly faded, so did this vision. Within months I’d opened another location, acquired additional books of business and brought on other team members. The
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growth was almost immediate and led to some invaluable lessons.
Outlining a clear vision I knew one thing clearly – I wanted to be an entrepreneur. The rest I hadn’t considered. As time progressed and more people were involved with the firm, it became apparent that a vision for where we wanted to be three, five and 10 years later was critical. We all knew we wanted something greater than just a business that covered salaries and overhead costs. The issue became defining that ultimate goal for the members of the firm. When there are several people involved, it almost becomes a tug of war to understand where you want to be in the future. Especially considering everyone
involved had different priorities, were in different stages of their career, and had vastly varied personal obligations. I tackled this issue not by trying to get everyone on board with what I considered the right course of action, but by understanding what we had in common. Although we came from different backgrounds and cultures, we all had the same reason for entering into business: we wanted to be part of a work culture that was conducive to our needs. This became the cornerstone of our vision for the future. Whether this was flexibility, challenging work or opportunities for advancement, it was up to us to determine our future employees’ needs and work toward making them accessible.
Segregating duties Starting a business, for many, means being able to work independently. When you begin, you are in essence a jack of all trades. But as you grow, it becomes highly impractical to do all things within your business. This was my case as well. As we grew, it become taxing to perform the management, sales, marketing, and technical functions in the firm. But although it was taxing to fulfill all these roles, it was just as difficult to remove myself from controlling all aspects of the firm. One of the invaluable lessons I learned is that to effectively grow your business, you must trust your team to take on the roles you held. To accomplish this, I had to empower others and communicate clearly with them about my expectations. Clear communication meant discussing timelines in which I expected to receive feedback on project statuses. It also meant empowering others to feel comfortable providing sincere feedback on how I could do more to enable them to accomplish their tasks, without interfering. Segregating duties still is a work in progress for our firm, but it’s something I look forward to continuing to work toward as we grow.
Redefining your ideal client In the beginning, every client was my ideal client. As a result, I ended up with various clients who took up a great portion of my time and who did not greatly add to the bottom line, or to our team’s wellbeing. It became abundantly clear this was something we needed to address, and we used our fiscal-year end to make necessary assessments and changes. FLORIDA CPA TODAY
Our assessment wasn’t isolated to removing clients who weren’t financially feasible to keep in the long term. Our team also identified clients whose social impact and community efforts we resonated with strongly. This gave us a clear foundation for which clients we wanted to attract in the coming years, and those for whom we needed to alter our current price structure. During the growing phase of your business, considerations include having a clear vision, segregating duties and defining your ideal client. The vision should be rooted in the commonality among the management of the firm. As your business grows, be sure you’re no longer functioning as a sole practitioner and are segregating duties among your team members. Also, consider clients who align “Although with your social objectives and are financially relevant to your we came future success as key employees. Considering these points will help you address the general growing from different pains of a new firm. FCT Caridad “Carey” Vasallo is a partner at VMBG Accounting and practice leader for the firm’s Consulting Services division. With over a decade of experience providing litigation support and consulting services, Vasallo specializes in assisting high net worth individuals in marital dispute cases. Vasallo is a recipient of the FICPA’s 2017 Horizon Award and received CPA Practice Advisor’s 2016 Top 40 Under 40 Award and the National Association of Certified Valuators 2016 Top 40 Under 40 Award. She was an FICPA 2015 26 Under 36 honoree and a nominee for the 2015 AICPA/FICPA Women to Watch Award. She has been featured on WSVN Channel 7 News and WNN 1470 AM radio, and published in Florida CPA Today and The Pinecrest Tribune.
backgrounds
and cultures, we all had the same reason for entering into business: we wanted to be part of a work culture that was conducive to our needs.” www.ficpa.org
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Sarasota: Kerkering, Barberio & Co., Certified Public Accountants, announced the addition of Hollie Williamson as a tax senior.
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Bradenton: CS&L CPAs announced the promotion of Jeff Gerhard to principal.
Miami Lakes: John Nichols of Becher, Nall, Brydon, Spahn & Company CPAs earned the Certified Valuation Analyst (CVA) credential from the National Association of Certified Valuators and Analysts.
Ft. Lauderdale: Crowe Horwath LLP elected Glen Beanland and Ken Harris among its 25 new partners and principals. Marianna: Carr, Riggs & Ingram, LLC has named Evan Dykes as a new partner.
Tallahassee: Carr, Riggs & Ingram, LLC has named Tom Montalbano and David White as new partners.
PALEVEDA
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Tallahassee: Thomas Howell Ferguson P.A. CPAs announced that Paola Blackburn rejoined the firm as a senior in the tax services department. BUCKLEY
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Miami: Carlos Garcia of Hancock Askew & Co., LLP was elected to the Board of Directors for Eastern National Bank.
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McSPADDEN
Tampa: Rivero, Gordimer & Company, P.A. announced the addition of Deborah L. McCarthy as Audit Manager, Jill McSpadden as tax senior, Dennis Paleveda as audit senior and Matthew Ladoniczki as audit supervisor.
North Palm Beach: Smyth & Hauck, P.A. has announced the addition of Kenneth Buckley as a CPA in the firm. Punta Gorda: Summers, Horner, Daughtrey & Westby CPAs announced that Donna J. Schiller has been promoted to partner.
LADONICZKI
McCARTHY
For more news about members and other Florida CPAs, visit CPAs in the Spotlight at www.ficpa.org/cpaspotlight. The space for Who’s News, Transitions and other announcements published on this page is limited to news focusing on promotions and new hires for FICPA members; speeches by members at professional conferences; and other firm news, such as recognition of business achievements. We do not publish FICPA committee appointments as a part of this feature because of space limitations. Submissions for CPAs in the Spotlight can be emailed to communications@ficpa.org.
Tee Off for Scholarships COX
HAGEN
Tampa: Saltmarsh, Cleaveland & Gund elected Suzanne Cox as shareholder.
Winter Haven: Adamson + Co., P.A. announced the additions of Bryah Hagen and Kayla Smith as staff accountants and Paul Utter as an accountant.
Friday, May 5, 2017 Oldsmar, Fla.
Calling all golfers in the central Florida region – the 2017 Florida CPAs Champions Cup is up for grabs! Come show off your skills for a good cause – or just to have a good time! Not a golfer, but want to contribute to a great cause, sponsor the event. All proceeds directly impact the future of the CPA profession.
www.ficpa.org/golf PRICE
Tampa: Scott Price, managing partner at A-LIGN, was appointed by the Florida State University College of Business as the board chair to the Department of Accounting’s Professional Advisory Board. The Florida Institute of Certified Public Accountants’ Educational Foundation, Inc. is recognized as tax exempt under section 501(c)(3) of the Internal Revenue Code. Contributions are tax deductible of the fullest extent of the law. A COPY OF THE OFFICIAL REGISTRATION (#CH2614) AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE (800) 435-7352 WITHIN THE STATE OF FLORIDA OR THROUGH THEIR WEBSITE www.800helpfla.com. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE.
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Wealth Transfer Tax Issues Affecting Non-resident Aliens By Nathan Wadlinger Esq., CPA and Carol A. Vance Esq., CPA
This is the second article in a two-part series on federal tax-compliance issues related to non-resident aliens. The first article appeared in the January/Feburary 2017 issue of Florida CPA Today.
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n our global economy with foreign investments and migration an ever increasing reality, CPAs face varied and challenging compliance responsibilities. This article focuses on general U.S. wealth transfer tax issues affecting non-resident aliens (NRAs).
Who are NRAs? Non-resident aliens are neither U.S. citizens nor resident aliens. An NRA is defined in the negative. Taxpayers may be NRAs if they are not U.S. citizens and do not meet one of two tests: 1. Green Card Test: This test is met if the U.S. Citizenship and Immigration Services have issued an alien registration card. 2. Substantial Presence Test (SPT): requires a physical presence in any of the 50 states or the District of Columbia for least 31 days during the current tax year and 183 days during the three-year period including the current tax year and the two prior years. This is prorated and calculated as follows: •• 100 percent of the days present in the current tax year; and •• 33.3 percent of the days present in the first prior tax year; and •• 16.6 percent of the days present in the second prior tax year. The SPT does not include days commuting; in transit; aboard a foreign vessel in U.S. waters; in the U.S. per medical requirement; or under a diplomatic, student, teacher or professional-athlete visa while competing in a charitable event. Even if the SPT is satisfied, it still is possible for a person to receive NRA treatment if he or she is present in the U.S. 26 MARCH/APRIL 2017
for fewer than 183 days in the current year, maintains a foreign tax home for the year, and keeps a closer connection to another country than to the U.S.
Wealth transfer taxes An NRA potentially is subject to various wealth transfer taxes, including the federal gift, estate and generationskipping transfer taxes. CPAs must understand these various wealth transfer taxes and the potential issues that may affect their NRA clients. The rules for each of these wealth transfer taxes are different and all must be considered for every NRA.
Gift tax An NRA is subject to the gift tax only on gifts of property situated in the U.S. if the donor NRA meets non-resident criteria at the time of gift. These gifts are taxed at the same rates applicable to U.S. citizens and residents. The annual gift exclusion amount, $14,000 per donee in 2017, applies. The NRA must complete Form 709 with respect to any gifts of future interests in property; all qualifying gifts beyond the annual exclusion amount; or all qualifying gifts in 2017 exceeding $149,000 to a spouse who is not a U.S. citizen. Many deductions allowed under the gift tax for U.S. citizens and residents are disallowed or limited to NRAs. For example, there is no unlimited marital deduction (unless the other spouse is a U.S. citizen) and charitable contributions must be to domestic organizations. NRAs are not allowed to use the U.S. citizen and resident estate and gift tax lifetime exemption amount, which is $5,490,000 in 2017. And NRAs are not entitled to the split-gift election permitting a married person’ gifts to third persons to be treated as though they were made one-half by each spouse.
Estate tax Regarding the estate tax, if an NRA held more than $60,000 in assets in the U.S. at his or her time of death, the estate is required to file Form 706-NA. There are special rules for the location of financial assets, such as stocks and debt obligations. Generally the rates and
deductions permitted on the estate tax return are the same rates and deductions applicable to U.S. citizens and residents. NRAs are allowed to use a limited estate tax exemption amount, which is $60,000 in 2017. NRAs are not allowed to use the much higher U.S. citizen and resident estate and gift tax lifetime exemption amount, which is $5,490,000 in 2017. All of the deductions allowed under the estate tax for U.S. citizens and residents are allowed, with some various severe limitations to NRAs. For example, the marital deduction is allowed if the property is transferred to a surviving U.S. citizen spouse or a “Qualified Domestic Trust” (QDOT), and charitable contributions must be to domestic organizations. An NRA surviving spouse may not take into account portability of the unused spousal exemption of a deceased U.S. citizen spouse.
Generation skipping transfer tax If an NRA is subject to the gift or estate tax, a generationskipping transfer resulting from the gift or bequest is subject to the generation skipping transfer (GST) tax. The NRA must complete the GST tax portion on Form 709 for gifts. The NRA’s estate must complete the GST tax portion on Form 706-NA for transfers upon death.
to address the challenging compliance and other tax issues, including various wealth transfer tax issues. Carol A. Vance, Esq., CPA is an instructor in the College of Business at the University of South Florida SarasotaManatee. She is a practicing Florida attorney and CPA representing high net worth entrepreneurs and their businesses. She is a member of the FICPA Federal Taxation Committee. Nathan Wadlinger, Esq., CPA is an FICPA member and an instructor in the College of Business at the University of South Florida St. Petersburg.
Resources 1. IRS PUB 559 (refers to the instructions of Form 709 and Form 706-NA) 2. Instructions for Form 709 3. Instructions for Form 706-NA 4. WGL Bittker and Lokken Federal Taxation of Income, Estates, and Gifts, Chapter 134.2
After considering these taxes, it is extremely important to pay attention to these issues as relatively small taxable gifts (beyond $14,000) and wealth at death (assets beyond $60,000) can generate surprisingly high taxes. One tidbit that may provide peace of mind is that the U.S. maintains wealth transfer tax treaties with several countries to minimize double taxation, which occurs when assets are taxed in the U.S. and in the NRA’s home country. The foregoing rules are altered in certain respects for NRA donors and decedents when one of these treaties applies. NRA issues, although unique, are becoming more prevalent in our global economy. CPAs must be prepared
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How a Few Little Letters Can Change Your Career
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hen there are hundreds of thousands of financial professionals at work in public accounting; business and industry; government; academia; and consulting, how can you stand out in such a crowded profession? Many financial professionals do this by leveraging the rapid growth of advisory services. By offering specialized knowledge to your clients or employer, you’re positioned to be more competitive in the marketplace and are able to differentiate yourself from others in the field. And that translates into increased compensation and career advancement opportunities. Firms, as a whole, are finding that offering more services can increase their bottom line. When you move beyond compliance work to more futureoriented, value-added work, you are able to do more for your clients, serving them in new ways. Organizations with credentialed professionals realize increased profit margins through risk management; improved controls; process and workflow improvements; and faster decision making through simulations and data analytics. Value-added services aren’t just a trend, and they aren’t going away. Of Accounting Today’s Top 100 Niche Services, business valuation consistently has ranked in the top five for the past 15 years. Also, an IBISWorld 2012 report projects forensic accounting will grow at a rate four times that of the U.S. accounting profession through 2017. Financial planning follows closely at a growth rate that is double that of the accounting profession. According to the Robert Half 2016 Salary Guide, the need for financial professionals with technology experience is rising, given the complexities of systems and tools, and emerging technologies.
Unlock the possibilities The AICPA offers the only credentials built on the foundation of competency, objectivity and integrity. The credentials are: Certified in Financial Forensics (CFF®), Personal Financial Specialist (PFS™), Accredited in Business Valuation (ABV®) and Certified Information Technology Professional (CITP®). “Financial professionals who want to move up in their careers, add value in the workplace and take advantage of the recent growth of advisory services in the accounting 28 MARCH/APRIL 2017
profession should consider pursuing a credential,” said FICPA President/CEO Deborah Curry, CPA, CGMA. Forensic accounting has become one of the fastest growing specialty-practice areas for U.S. financial professionals who want to demonstrate their knowledge, skills and experience in the forensic accounting area. The CFF credential encompasses fundamental and specialized forensic accounting skills for application in a variety of service areas, including bankruptcy and insolvency; computer forensic analysis; family law; valuations; economic damages calculations; and fraud prevention, detection and response. The CFF credential also sets you apart as an expert witness in the courtroom. The PFS credential showcases a financial professional’s expertise in personal financial planning. This credential is an excellent next step for financial professionals seeking to expand or diversify a tax-focused practice. Comprehensive knowledge in financial planning and tax enable them to bring a holistic approach to clients’ financial needs, whether advising in retirement, estate, tax, risk management and/or investment planning. Two major factors are increasing the demand for financial planners. First, given the complexities of ATRA and the new net investment income tax that will affect every area of financial planning, clients are looking for objective guidance. Second, large numbers of Baby Boomers are heading into retirement and seeking advisers to help them plan accordingly to avoid outliving their financial resources. The ABV credential is ideal for financial professionals who want to enter this in-demand area. The ABV allows professionals to position themselves as premier businessvaluation service providers who go beyond the core service of reaching a conclusion of value to creating value for clients by strategically applying this analysis. The rise in demand for business valuation experts and firms offering this service has been fueled by a rapid increase in merger and acquisition activity; gifting and estate transfers; and the Small Business Administration’s requirement for independent business valuations on loan regulations. Other valuation services include valuing a business due to transfer of ownership, divorce settlement, fair value accounting, ESOP valuations, economic damage calculations, and expert witness or litigation support.
From AICPA reports
Financial professionals who have considerable expertise in information management and technology assurance should seek the CITP credential. Financial professionals who’ve earned the CITP credential are recognized for their unique ability to provide technology-related assurance and business insight by leveraging knowledge of information, data relationships and supporting technologies. This credential spans a broad base of knowledge – from IT assurance, IT risk management and security, and privacy to analytics and emerging technologies. CITP credential holders are helping their clients or organizations improve operations; ensure financial data integrity; determine risks associated with financial reporting; and prevent and detect fraud.
AICPA resources are available No matter which credential you pursue, the AICPA supports you by providing everything from exam-prep materials to exclusive tools and technical resources that will help you, as a credential holder, maintain the highest level of competency in delivering advisory services. FCT When you’re ready to take your career to the next level with an AICPA credential, visit aicpa.org/aicpacredentials.
Looking at the Requirements In addition to being an AICPA member in good standing and signing a Declaration of Intent to comply with the CFF
Exam Requirement Pass the CFF Examination
PFS
Pass one of three comprehensive exams: Personal Financial Specialist (CPA/PFS), Certified Financial Planner® (CFP) or Chartered Financial Consultant (ChFC)
ABV
Pass the ABV Examination (this is waived for Accredited Members and Accredited Senior Appraisers of the American Society of Appraisers)
CITP
Pass the CITP Examination
FLORIDA CPA TODAY
requirements of credential recertification, candidates also must meet these requirements:
Business Experience Requirement 1,000 hours of business experience in forensic accounting within the five-year period preceding the date of the CFF application 3,000 hours of personal financial planning experience within the five-year period preceding the date of the PFS application; up to 1,000 hours of tax compliance experience can count toward the total experience requirement Either six business valuation engagements or 150 hours of business valuation experience within the five-year period preceding the date of the ABV application 1,000 hours of business experience in information management and technology assurance within the five-year period preceding the date of the CITP application
Education Requirement 75 hours of forensic accounting continuing professional education (CPE) within the five-year period preceding the date of the CFF application 75 hours of personal financial planning CPE within the five-year period preceding the date of the PFS application
75 hours of valuation CPE within the five-year period preceding the date of the ABV application
75 hours of information management and technology assurance CPE within the five-year period preceding the date of the CITP application www.ficpa.org
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Here at the FICPA, we always go big when planning our events. But this year’s Mega CPE Conference is something else. With up to 40 hours of CPE, nationally recognized speakers and fun for everyone at one of America’s favorite destinations, it’s bigger than anything we’ve done. Here are five ways we looked at the big picture when planning this conference.
1. Our BIGGEST Education Event of the Year. Earn big with up to 32 live CPE credits and up to eight hours of bonus online CPE included with your registration. Choose the “Mega Buy” to get our best value on CPE credit and earn all 40 hours for less. We’ve loaded our agenda with some of the biggest names in accounting, including Keynote Speaker Tim Christen, CPA, CGMA and former AICPA Chairman. Build your agenda from breakout sessions covering Accounting & Auditing, Taxes, Business Management, Ethics, Leadership and much more. New for this year, join us on Friday for our special CPE track dedicated to young CPAs. The next generation will be on site for the Accounting Scholars Leadership Symposium, and you have the chance to “Adopt a Student!” Sign up to be part of Tim Christen, CPA, CGMA the Mentoring Lunch on Thursday by emailing Jennifer Allen at allenj@ficpa.org or make a contribution to the FICPA Educational Foundation during conference registration that helps cover their travel expenses.
2. This Place is BIG on Fun. The Gaylord Palms Resort & Convention Center is a big deal in its own right. Just outside your room, you’ll find the breathtaking South Beach Pool, Cypress Springs Water Park, the Four-Star Relâche Spa, five full-service restaurants and plenty of shopping. Get to Walt Disney World® Resort in minutes with the Gaylord’s complimentary shuttle. Take your family to the famous Magic Kingdom® Theme Park and so much more. Start planning your adventure at disneyworld. disney.go.com. It’s back – join us Friday night for the Chairman’s Gala as we honor outgoing chair Joey Epstein, welcome 2017-2018 FICPA Chair Alan West and celebrate with an elegant dinner, dancing and an open bar. Your guests are welcome to join us!*
*The Chairman’s Gala is a registration option that requires an additional fee.
30 MARCH/APRIL 2017
Download the Official App + Share Your Experience for a Chance to Win Prizes Onsite
www.ficpa.org/MegaApp
3. One of Your BIGGEST Networking Opportunities. With over 500 accounting professionals attending, receptions included in your registration and the bustling Vendor Expo, you’ll have tons of chances to connect with experienced CPAs and professionals.
4. Add a BIG Boost to Your Bottom Line. More than 50 sponsors and exhibitors will be ready to empower your business and expand your professional capabilities in the 2017 Vendor Expo. Come with questions and learn how to make a big difference for your business operations in the Mega Marketplace. We’ll see you in the Exhibit Hall! Join us: •• On Thursday from 7:30 a.m. to 6:30 p.m. with the Vendor Reception from 5 to 6:30 p.m. •• On Friday from 7:30 a.m. to 1 p.m.
5. BIGGER Than the Sum of Its Parts. You know what they say – go big or go home. For the most fun-filled way to meet your requirements, make Mega CPE Conference your summer destination. Your family and friends will love it.
June 14-17, 2017
Gaylord Palms Resort & Convention Center | Orlando
Register and book your room now –
visit www.ficpa.org/MegaCPE or call (800) 342-3197. #MegaCPE FLORIDA CPA TODAY
www.ficpa.org
31
STAFF
reports
From FICPA staff reports
Educational Foundation Jan Dobson, FICPA Educational Foundation Sr. Director
Tee Off for a Great Cause! What: 2017 Annual Suncoast Scramble Golf Tournament Where: East Lake Woodlands Country Club, Oldsmar When: Friday, May 5, 2017 Event: Four hours of AA CPE – 8 a.m.-noon
P
Golf registration/warm up – 11:30 a.m.-1 p.m.
layer registration and sponsor opportunities are in full swing for the FICPA Educational Foundation’s (EDF) Suncoast Scramble Golf Tournament. Grab your nine iron and your favorite golf buddies and score some holes-in-one to support Florida’s accounting students! In its 13th year, this golfing tradition tees off May 5 at the East Lake Woodlands Country Club in Oldsmar. Located at the northern tip of the Tampa Bay and hosting two 18-hole championship golf courses, players will experience a fun, challenging round of golf. “Every year, players look forward to competing for the coveted Florida CPA Champions Cup,” said Bill Moore, event chairman. “We also award prizes to topfinishing teams for longest
drive, closest to the pin and, of course, hole in one.”
Shotgun start – 1 p.m. sharp
The Foundation offers many ways to get involved with the tournament. Businesses can optimize their exposure, networking and event benefits by choosing from multiple sponsor levels. Every sponsorship and player registration helps the Foundation reach its goal of providing thousands in scholarship funds to deserving Florida accounting students.
Cost: $800 per team of four players (includes greens fees, CPE, lunch, dinner, practice balls, cart, contests, giveaways)
Join us for four hours of AA CPE, lunch, golf and the awards presentation. Non-golfers can sign up just to attend the four AA credit hours. “I can’t think of a more enjoyable or beautiful CPE setting,” Moore said. FCT
Cocktails, dinner and awards presentation – 5-7 p.m.
Save the Date: 9th Annual Family Retreat at Ocean Reef
T
he FICPA Educational Foundation will hold its 9th Annual Family Retreat at Ocean Reef July 27- 30, 2017. Enjoy family fun, sunshine, education and casual
networking with Florida’s top CPAs at the exclusive Ocean Reef Resort in Key Largo. Make your reservations today, as accommodations for the event are known to sell out! FCT
To register for the Suncoast Scramble or view the sponsorship brochure, visit www.ficpa.org/golf. To register for the Ocean Reef Retreat, visit www.ficpa.org/retreat. For more information about either event contact Jan Dobson, FICPA educational foundation sr. director, at (800) 342-3197, Ext. 380 or edfound@ficpa.org.
New and Newly Certified Members The FICPA welcomes many new members throughout the year and congratulates those who recently have become certified. Visit www.ficpa.org/newmembers to meet our new members. Visit www.ficpa.org/newlycertified to congratulate our newly certified members. 32 MARCH/APRIL 2017
market
Positions available Federated Funeral Directors is seeking an accounting division manager in Jacksonville. The division manager will be an experienced CPA or EA with management and writeup experience, prior client relationship experience and substantial computer/technical experience. The division manager will be responsible for working with clients and managing staff to provide monthly & annual bookkeeping, accounting, tax and consulting services to the funeral industry. Desired skills/ experience/attributes: 5+ years’ experience as a senior accounting professional; 3+ years’ experience in corporate and individual tax preparation; 3+ years’ experience managing client accounts; 2+ years’ supervisory experience; advanced experience with Microsoft Office; experience in the funeral industry preferred. Education, certificates, licenses: bachelor’s degree in accounting or finance (BS/BA degree or equivalent/measurable experience); active CPA or EA license required by start date. To apply, visit https://fiducial. recruiterbox.com/jobs/fk06ybg. The City of Gainesville is seeking an experienced senior auditor. Requirements: bachelor’s degree in accounting, BA, IT, public administration; 4 years responsible auditing work experience; CPA. Limited travel. EOE. Find application and information at http://agency. governmentjobs.com/gainesville/ default. action=viewJob&jobID=1506058
FLORIDA CPA TODAY
The Community Foundation, a prominent West Palm Beach endowment, is accepting applications for a controller. Responsible for assisting CFO in developing and implementing a sound accounting system and a strong internalcontrol environment. Direct responsibilities include day-today fiscal operations, general ledger maintenance, monthly closings, financial reporting and analyses, cash forecasts, fund management, investment accounting and administration (significant part of position), individually managed accounts service and support, HR administration. Bachelor’s degree in accounting, 3 to 5 years of experience, CPA a plus. Excellent salary and benefits. To apply, visit www.yourcommunityfoundation. org or e-mail resume to grex@ cfpbmc.org. No phone calls, please. Tax preparer/CPA/per diem – Foodman CPAs & Advisors in Miami seeks an experienced CPA/ EA tax preparer for per-diem work with transition to full-time employment. Candidate must have a minimum of 5 years’ tax preparation experience and knowledge of individual, corporate, partnership, estate
PLACE
and trust tax-return preparation. Must have good organizational skills and follow through to completion of the work. Available to review work papers and preparation of the work. Need a detail-oriented person with excellent communication skills. Must adhere to the utmost degree of strict client confidentiality and professional standards. Email cover letter and resume to etty@ foodmanpa.com. Cummings & Lockwood LLC is seeking a fiduciary accountant for its Naples office. Candidate must have experience preparing tax returns, including 1040s, 1041s, 709s & 706s; CPA preferred. Ideal for professional who enjoys independence and high-level relationship with attorneys. Benefits include 3 weeks’ vacation to start, 4 weeks’ vacation year 2 and beyond, 11 holidays, personal and sick days, 401(k), medical, dental, flexible spending account and more. Please email resume to oeldridge@cl-law.com, fax to (239) 430-3344 or mail to Administrator, P.O. Box 413032, Naples, FL 34101. EOE/AA Okeechobee Utility Authority is seeking a finance director. Experience in supervisory capacity or accounting functions
www.ficpa.org
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MARKET
place
and/or management. Candidates must have B.S. in accounting, business administration or closely related area. CPA or advanced degree preferred, with 8 years of experience in governmental accounting, auditing or related areas. Excellent benefits. Apply online at www.ouafl.com or send resume to ouaresume@ouafl. com. EOE The State Board of Administration (SBA) located in Tallahassee, Florida is currently seeking a senior accountant in our accounting department. The successful candidate will provide support and assistance to the functions of the accounting operations which include but are not limited to preparation and reconciliation of the Florida Retirement System Defined Benefit/Defined Contribution Financial Statements and global tax compliance for SBA investment. Candidates must have a bachelor’s degree in accounting, minimum of 4 years of experience and possess a CPA certificate from the Florida State Board of Accountancy. The SBA offers a competitive salary and an excellent benefits package including medical, dental, group life, short term disability, retirement and professional development opportunities. Please apply at https://jobs.sbafla. com. South Broward CPA firm seeks per diem CPA w/ min 5 yrs recent public acctg exp, year round, flexible hrs, F/S, tax prep, etc. Potential F/T employment; outstanding opportunity. Email inquiries to ajcpapa@aol.com.
South Pinellas CPA firm is seeking a staff accountant with experience in public accounting including 2+ years in tax preparation, consulting, proficient in Quickbooks, and Thomson Reuters preferred. Submit resume to: info@cpapartnersllc.com.
a period of time with favorable terms, please contact us. Email reply@ficpa.org and reference file number B PWPM 03 04 17.
Office space
Growing S. Florida CPA firm looking to purchase or merge with a retirement-minded CPA in Florida. Favorable purchase terms offered with continuing employment opportunities available. Please
CPA in Miami Kendall has two offices for rent – 144 sq ft and 150 sq ft. Furnished, conference room, kitchen, telephone, other equipment and filing cabinets. Free parking. Call (305) 595-2149 or email juan@katztax.com. Well-established CPA has Brickell Avenue office space available for a CPA. Per diem work available. Email etty@foodmanpa.com. Available immediately, Class A office space. Boca Raton-Glades Rd/95. Individual or group welcome, 3 private offices, space for receptionist. Attached to leading financial advisor office. Referral relationship potential & preferred. (561) 314-1815. Well-established South Broward CPA firm seeking to share office space in upscale class “B+” building located near all major highways. All amenities. Email inquiries to ajcpapa@aol.com or call Hannah at (954) 985-1040.
Practices Wanted for Purchase or Merger St. Pete full-service CPA firm seeks to acquire or merge with small to mid-size practice in the local area. Whether you are interesting in selling your practice or looking to phasing-out over
Fintz CPA, PA, a growing Plantation-based CPA firm, is looking to acquire retirementminded CPAs in the Tri-County South Florida area (Dade, Broward, Palm Beach). We offer customizable succession-planning solutions. Please email Betsy, betsy@fintzcpa.com, or call us at (954) 440-0320.
Well respected Boynton Beach wealth management firm looking for CPA(s) for possible merger in an effort to better serve clients by offering comprehensive tax & financial planning. Reply to Ira@ Materetsky.com.
Visit www.ficpa.org/classifiedsonline for complete classified ad policies. 34 MARCH/APRIL 2017
Jacksonville CPA firm for sale or merger. $750,000+ annual gross. Tax, write-up, compilations and reviews. Email reply@ficpa.org and reference file number L FS 03 04 17.
no upfront fees. List your firm with a professional. Call David Akins, CPA at (877) 277-0272. To learn more about our services and to see the firms we have listed, go to our website at www. AkinsProfessionalBrokerage.com.
Successful transitions require experienced, confidential, professional services you can trust. This is what Akins Professional Brokerage provides. Specializing exclusively in the brokerage of CPA firms, we have
Practices wanted! Cash buyers waiting! List your practice with Florida’s No. 1 Accounting Brokerage Firm: Professional Accounting Sales. No upfront
Practices for Sale
FLORIDA CPA TODAY
fees. No long-term listing agreements. Recent references available. Selling practices in Florida for over 34 years … practices for sale include: Sarasota-Bradenton area CPA firm grossing $350,000+. Owner desires to work along with new buyer next year. Great location and staff. Many others after tax season! Contact Erwin Rosenblatt (561)666-6737 or Leon Faris, CPA (800) 729-9031 with Professional Accounting Sales. Visit our website at: www. cpasales.com
www.ficpa.org
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DOR
update
DOR Offers Voluntary Disclosure Program
T
he Florida Department of Revenue (DOR) provides taxpayers with an opportunity to voluntarily report previously unpaid or underpaid tax liabilities for any tax the agency administers. This process is referred to as the voluntary disclosure of tax liabilities and is available to any taxpayer who has not been contacted by DOR regarding the liability. When a taxpayer files a voluntary disclosure and pays the tax and interest liabilities, the penalties are waived unless the tax was collected but not remitted to DOR, in which case a 5 percent penalty is imposed.
Taxpayers must submit a disclosure in writing to DOR. The disclosure must contain a letter including this information for evaluation: •• a statement that DOR has not contacted the taxpayer about the disclosed tax liability
36 MARCH/APRIL 2017
By Valerie Wickboldt, DOR communications director
•• the type of taxable activities and period disclosed •• contact information for the taxpayer or taxpayer’s representative If you find your client is conducting business in Florida but is not registered to collect/remit sales tax, contact DOR’s Voluntary Disclosure unit prior to registering for tax or remitting past obligations to avoid penalty and interest. Voluntary Disclosure Program representatives can be reached at (850) 617-8552.
•• If applicable: 1) a sales and use tax certificate number; and 2) a statement regarding any taxes that may have been collected and not remitted Finalized disclosures can be emailed to voluntarydisclosure@floridarevenue. com; faxed to (850) 245-5998; or mailed to one of these addresses:
After a taxpayer is accepted into the Voluntary Disclosure Program, DOR will need this information:
Address for overnight delivery: Florida Department of Revenue Voluntary Disclosure Program 5050 W. Tennessee St. CCOC 1-4653 Tallahassee, FL 32399-0151
•• A completed Florida Business Tax Application (Form DR-1, if needed) •• A spreadsheet identifying the amount of tax due by reporting period (electronic forms for this spreadsheet are available online at floridarevenue.com)
Mail requests to: Florida Department of Revenue Voluntary Disclosure Program P.O. Box 5139 Tallahassee, FL 32399-5139
Visit floridarevenue.com for more information about the voluntary disclosure of tax liabilities and a complete list of taxes DOR administers. FCT
Of Course!
Table of Contents Good to Know........................................................................ ii
Tampa.............................................................................. iii
In Person CPE....................................................................... iii
Ethics...................................................................................... v
Destin.............................................................................. iii
LearnLinx OnLine CPE......................................................... vi
Ft. Lauderdale................................................................ iii
OnDemand CPE................................................................... xii
Orlando........................................................................... iii
In-Person Course Descriptions.......................................... xx
Tallahassee..................................................................... iii
Save These Event Dates................................................... xxii
Good to Know The Florida Institute of CPAs understands how important continuing professional education is toward your success as a Certified Public Accountant. To help you meet your professional development needs, the FICPA has brought together an outstanding collection of CPE programming designed to sharpen your skills, keep you informed of the latest developments and enhance your career. With hundreds of programs, the FICPA can help meet any CPE need: accounting & auditing updates, ethics, specialized topic conferences, governmental courses, the latest on taxation and much more! The FICPA is your one-stop shop for high-quality CPE courses in any format.
REGISTRATION INFORMATION Registration Prices Take advantage of Early Bird Prices by registering more than 30 days before the course date and receive $55 off the regular registration fee. Nonmembers of the FICPA are welcome to attend but are required to pay an additional $125 per day of instruction or $65 per half day of instruction. Four ways to register for FICPA CPE programs: • LOGON to www.ficpa.org/cpe. • FAX a completed registration form with your credit card information to the FICPA at (850) 681-2433. • CALL the FICPA Member Service Center at (800) 3423197 or (850) 224-2727 to place a credit card order. • MAIL a completed registration form with your credit card information or check made payable to the Florida Institute of CPAs to: Continuing Professional Education, FICPA, P.O. Box 5437, Tallahassee, FL 32314-5437.
CPE Polices You May Need To Know CPE policies can be found on our website at www.ficpa.org/ policies.
The CPE Tracker The FICPA’s members-only CPE Tracker is a tool that allows you to track your CPE courses throughout your reporting period. FICPA courses taken will be automatically included in this Tracker. Courses taken from vendors other than the FICPA can be included in this online application. It is the user’s responsibility to ensure the Tracker’s accuracy.
Value-Priced Seminars Get exceptional value from these streamlined, high-quality courses that enable you to gain essential knowledge and skills at a lower price. These are our most popular courses taught by our best educators in modest facilities that are conveniently located around Florida. We may not serve you lunch, but we’ll serve you quality CPE and great value.
Savings in Numbers. Group Discounts Available Register five to seven people from the same organization for the same event and receive a 15% discount off the registration fee. Register eight or more for the same event and receive a 20% discount. Restrictions may apply.
Event Times Check-in begins 30 minutes before the program starts. Schedules for conferences and seminars may differ. Full Day Seminars
8:30 a.m - 4:30 p.m.
Half Day Seminars
8:30 a.m. - 12 p.m. and 1 - 4:30 p.m. = Live Conference Simulcast
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MARCH 10 - APRIL 10, 2017
•
= Seminar Days
•
= Take Two!
•
= Value-Priced Seminars
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In-Person CPE DESTIN Summer Education Conference Date: July 17 - 21, 2017 CPE Credit: Up to 20 CPE Hours Course Number: SEC17 Location: Sandestin Beach Hilton Early Bird Price: $500 FICPA • $600 Nonmember Regular Price: $550 FICPA • $650 Nonmember
FT. LAUDERDALE Conferences CPAs in Industry – Ft. Lauderdale Date: March 23 - 24, 2017 CPE Credit: Up to 17 CPE Hours Course Number: ICM Location: Signature Grand, Davie Early Bird Price: $450 FICPA • $700 Nonmember Regular Price: $505 FICPA • $755 Nonmember
Date: May 18 - 19, 2017 CPE Credit: Up to 16 CPE Hours Course Number: NPC2 Location: Signature Grand, Davie Early Bird Price: $450 FICPA • $700 Nonmember Regular Price: $505 FICPA • $755 Nonmember
TALLAHASSEE
Conferences
Conferences Florida State University Accounting Conference
Health Care Industry Conference Date: April 20 - 21, 2017 CPE Credit: Up to 21 CPE Hours Course Number: HCC Location: Caribe Royale - Orlando Early Bird Price: $550 FICPA • $800 Nonmember Regular Price: $605 FICPA • $855 Nonmember
Date: May 11 - 12, 2017 CPE Credit: Up to 17 CPE Hours Course Number: FSUAC Location: FSU Center for Professional Development (Turnbull Center) Early Bird Price: $435 FICPA • $685 Nonmember Regular Price: $490 FICPA • $740 Nonmember
Mega CPE Conference Date: June 14 - 17, 2017 CPE Credit: Up to 32 CPE Hours Course Number: MEGA Location: Gaylord Palms Resort & Conference Center Early Bird Price: Fees Vary Regular Price: Fees Vary
TAMPA Conferences CPAs in Industry – Tampa
Women’s Leadership Summit
Date: March 23 - 24, 2017 CPE Credit: Up to 17 CPE Hours Course Number: IC Location: Holiday Inn Tampa Westshore Early Bird Price: $450 FICPA • $700 Nonmember Regular Price: $505 FICPA • $755 Nonmember
Date: June 15, 2017 CPE Credit: Up to 7 CPE Hours Course Number: WLS Location: Gaylord Palms Resort & Conference Center Regular Price: $129 FICPA • $129 Nonmember
Not-for-Profit Organizations Accounting Conference - Tampa
Summer Vacation Cluster Date: July 27 - 29, 2017 Time: 8:15 a.m. (Registration at 8:45 a.m. and 1:00 p.m.) CPE Credit: Up to 20 CPE Hours Course Code: SVC Location: Disney Grand Floridian Resort Developer: Florida Institute of CPAs Early Bird Price: $189 FICPA • $314 Nonmember Regular Price: $244 FICPA • $369 Nonmember
Date: May 18 - 19, 2017 CPE Credit: Up to 16 CPE Hours Course Number: NPC Location: Hoilday Inn Tampa Westshore Early Bird Price: $450 FICPA • $700 Nonmember Regular Price: $505 FICPA • $755 Nonmember
FICPA Seminars Going Paperless Three years ago, Seminar materials went electronic to provide EZ and convenient information at your fingertips, but hardcopy materials were still available! Now we are going one step further. As of April 1, 2017, the FICPA will be going completely green and all course material will be electronic. Who needs paper when EZMaterials are easily searchable and provide you with everything you need on your laptop, tablet or phone. = Live Conference Simulcast
•
= Seminar Days
•
= Take Two!
To register, call 800.342.3197 or 850.224.2727, or visit ficpa.org/cpe.
•
= Value-Priced Seminars www.ficpa.org
iii
In-Person CPE
Not-for-Profit Organizations Accounting Conference - Ft. Lauderdale
ORLANDO
Of Course!
Don’t miss our ethics course on April 19, 2017!
Join nationally recognized expert Robert Anderson, Navigant Consulting, as he explores Modern Day Cybercrime: A World-Wide Epidemic. As a former National Security Executive for the FBI, Anderson profiled many high-level cases and was a frequent guest expert on CNN and MSNBC. Do not miss this and other engaging and thought-provoking speakers!
iv
MARCH 10 - APRIL 10, 2017
Of Course!
Of Course!
Ethics.
At the Speed of Business. Prepare yourself to face the complex, challenging and evolving ethical issues of today and tomorrow. The FICPA’s ethics courses, specialized for CPAs working in business, industry and government, build the trust that your clients, employers, colleagues and the public deserve while protecting your hard-earned license.
In-Person Ethics
Ethics: Protecting the Integrity of Florida CPAs In Industry Date City Course Number Mar 22 Ft. Lauderdale ETHICM Mar 22 Tampa ETHIC
Member Price $99 $99
Ethics: Protecting the Integrity of Florida CPAs (ETH) – 4980 4 Ethics hours Date City Course Number Apr 19 Orlando ETHHCC
Member Price $99
Online Ethics
Ethics: Protecting the Integrity of Florida CPAs In Industry Date Start Time Credit Code Type Mar 31 8:30 a.m. 4 ETH ETHIWBR3 Webcast Replay
Member Price $85
These courses comply with the ethics requirements for Florida CPAs established by the Florida Board of Accountancy.
To register, call 800.342.3197 or 850.224.2727, or visit ficpa.org/cpe.
www.ficpa.org
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Online CPE Right Time. Right Place. Right Price.
OnLine CPE
Simulcast Conferences CPAs in Industry Conference
Florida State University Accounting Conference
Date: March 23 – 24, 2017 CPE Credits: 7 AA; 10 TB Course Code: ICWEB Location: Online Developer: Florida Institute of CPAs URL: www.ficpa.org/IndustryConference As a CPA in business and industry, you rely on more than your finance skills to succeed. You are also an integral part of a team charged with creating the financial health of your company. The CPAs in Industry Conference provides unique tools for corporate CPAs, helping you to be the best in your profession. Join us for two full days of sessions designed to bring you up to speed on emerging issues, and hone your abilities for personal success.
Date: May 11 – 12, 2017 CPE Credits: 10 AA; 5 TB Course Code: FSUACWEB Location: Online Developer: Florida Institute of CPAs URL: www.ficpa.org/FSUAC Join us and CPAs from around the region at the state-of-the-art Augustus B. Turnbull III Florida State Conference Center from May 11 - 12, 2017. The Florida State University Accounting Conference offers up to 17 credit hours of CPE covering employment law, internal controls, accounting for leases, networking for young professionals, tax reform, revenue recognition and more, plus the updates you need on the economy, single audit, not-for-profit reporting and the Government Accounting Standards Board.
Health Care Industry Conference Date: April 20 – 21, 2017 CPE Credits: 10 AA; 6 TB Course Code: HCCWEB Location: Online Developer: Florida Institute of CPAs URL: www.ficpa.org/HCC Health care is a profession that’s under constant change. New rules and regulations are introduced with regularity. What can you do to keep pace with this ever-evolving industry? If you want to learn the best strategies for guiding your organization or clients, the FICPA’s 2017 Health Care Industry Conference is for you! •• Earn up to 17 hours of CPE credit •• Choose from multiple breakout sessions taught by outstanding discussion leaders •• Find the topics and credit you want with our dedicated A&A track Join nationally recognized expert Robert Anderson for his Keynote Address, “Modern Day Cybercrime: A World-Wide Epidemic.” As a former National Security Executive for the FBI, Anderson profiled many high-level cases and was a frequent guest on CNN and MSNBC.
Not-For-Profit Organizations Accounting Conference Date: May 18 – 19, 2017 CPE Credits: Up to 16 CPE Credits Course Code: NPCWEB Location: Online Developer: Florida Institute of CPAs URL: www.ficpa.org/NPC CPAs advising nonprofit organizations are in a unique position to guide these entities in making decisions critical to their current and future viability. They provide the information needed to help these organizations solve tax problems, set up internal systems and budget resources. Our 2017 Conference Committee is dedicated to identifying the most important topics, and securing the most knowledgeable presenters, to offer you the best practices to solve financial and operational issues facing nonprofit organizations today. Register now for the Not-for-Profit Organizations Accounting Conference Simulcast (16 CPE) on May 18–19 and get two full days of informative sessions designed specifically for CPAs working in the nonprofit sector right at your desk.
Mega CPE Conference Date: June 14 – 17, 2017 CPE Credits: Up to 32 CPE Credits Course Code: MEGAWEB Location: Online Developer: Florida Institute of CPAs URL: www.ficpa.org/Mega Details coming soon.
All simulcasts are available for firm group viewing. Please contact us to create a group account. vi
MARCH 10 - APRIL 10, 2017
Of Course!
Of Course!
Accounting and Auditing Forensic Accounting: Uncovering Schemes and Scams Date: April 27, 2017 Time: 1 p.m. CPE Credit: 4 AA Course Code: AIFAUSS1 Location: Online Regular Price: $159 FICPA • $199 Nonmember Are you prepared for the increasing demand for forensic accountants and forensic accounting procedures to detect and prevent misappropriation of assets, management fraud, and fraudulent financial reporting? As the focus on fraud discovery and deterrence rises, accountants must hone their skills to recognize fraudulent or deceptive practices and build their knowledge to redesign internal controls. This course enables you to learn investigative techniques to uncover various fraudulent scams and schemes and to sharpen your forensic skills. Don’t wait to learn and practice these critical forensic competencies!
Revenue Recognition: Mastering the New FASB Requirements Date: March 13, 2017 Time: 10:30 a.m. CPE Credit: 8 AA Course Code: AIRRM6 Location: Online Regular Price: $249 FICPA • $319 Nonmember For years, revenue recognition has been the cause of audit failures and the focus of corporate abuse and fraud allegations. This course will provide you with an in-depth understanding of the framework for revenue recognition built around the core principle that is applied in a five step process. In addition, understanding the changes and new requirements is critical for successful implementation of this new standard. Supported by practical examples, this course will assist you in avoiding revenue recognition traps and provide you with latest FASB guidance. In addition, you will understand how the new guidance impacts certain industries as a result of new criteria for recognizing revenue and changes in disclosure requirements.
Member Price $245 $159 $245
OnLine CPE
Date Start Time Credit Code Accounting Analysis Basics Mar. 31 11:30 a.m. 8 AA 4161973C Accounting and Auditing Update Mar. 16 1 p.m. 4 AA AIAAU10 Accounting Industry Update Apr. 21 9:30 a.m. 8 AA 4163232G Applying the Risk Assessment Standards to Enhance Audit Quality Mar. 22 1 p.m. 4 AA AIARAS6 Common Frauds and the Internal Controls Designed to Prevent and Detect Them Mar. 9 9:30 a.m. 8 AA 4162788E Creating Better Budgets Apr. 28 9 a.m. 2 AA ACCBB03 Do Ask and Do Tell, Part One: Accountants’ Duty to Question Mar. 30 3:30 p.m. 2 AA ACDADT05 Financial Statement Consolidation Mar. 10 3:30 p.m. 4 AA 4163230E Fraud and Cash Receipts: Common Frauds and Internal Controls Apr. 21 1 p.m. 4 AA AIFCR01 Hands-on SOX 404 Risk Assessment Mar. 21 12 p.m. 1 AA 4163226A Identity Theft: Preventing, Detecting, and Investigating Mar. 24 9 a.m. 8 AA AIITPD8 Leases: Mastering the New FASB Requirements Apr. 18 9 a.m. 8 AA AILMNF01 Measuring and Reporting on Sustainability Apr. 17 12 p.m. 2 AA ACMRS01 PCC Activities, Including Framework, ASU Updates, Simplification Initiative Mar. 2 11:30 a.m. 4 AA 4163046B U.S. GAAP Disclosures for Non-Public Entities Mar. 6 11:30 a.m. 8 AA 4163121J U.S. GAAP: Latest Developments for Business & Industry Apr. 26 1 p.m. 4.5 AA AIUSGL01
$159 $245 $79 $79 $120 $159 $30 $249 $249 $79 $120 $245 $159 LearnLinx Webcasts continued on pg. x
To register, call 800.342.3197 or 850.224.2727, or visit ficpa.org/cpe.
www.ficpa.org
vii
Of Course!
LearnLinx Webcasts continued from pg. ix
Ethics Ethics: Protecting the Integrity of Florida CPAs in Industry Date: March 31, 2017 Time: 8:30 a.m. CPE Credit: 4 ETH Course Code: ETHIWBR3 Location: Online Regular Price: $85 FICPA • $145 Nonmember This ethics seminar is designed for CPAs practicing in business and industry. Join us to address ethical practices in business, including fraud, corporate accounting, the ethical climate in today’s workplace and the AICPA Code of Professional Conduct for Members in Business. The seminar includes a review of Florida Statutes 473 and 455, as well as Administrative Code 61H1 with a focus on new laws and rules that impact you. This course fulfills the biennial ethics requirement established by the Florida Board of Accountancy. This seminar was recorded at the Annual Accounting and Business Show on September 30, 2016.
OnLine CPE
Government/Not-for-Profit Cost Principles for State and Local Governments and Nonprofit Organizations
Practical Solutions for Federal Grants Compliance: A Comprehensive Look at the New Uniform Guidance
Date: April 21, 2017 Time: 9:30 a.m. CPE Credit: 8 AA Course Code: 4162018D Location: Online Regular Price: $245 FICPA • $375 Nonmember With few exceptions, entities that receive federal government grants must follow certain cost principles, which, if violated, can result in unallowable expenditures that culminate in large refunds to the granting agency. Understand the cost principles applicable to state and local governments and nonprofit organizations and learn how to ensure that costs claimed against government grants are allowable and can be reimbursed. This course will allow you to help your clients avoid the financial cost—and unpleasant publicity—related to significant disallowance. Note: These cost principles do not cover colleges, universities and hospitals. We will discuss the concepts of allocation, but not the development of indirect cost rates.
Date: April 17, 2017 Time: 9 a.m. CPE Credit: 8 AA Course Code: ACPSFG03 Location: Online Regular Price: $195 FICPA • $245 Nonmember The Uniform Guidance replaced (8) OMB Circulars for all types of recipients of federal grants and cooperative agreements. Over the course of a day you will: (First half of the day) 1. Be introduced to the Uniform Guidance, the Joint Interim Rule and agency deviations, the applicability and effective dates, and the role of the COFAR and their FAQs. 2. Obtain a comprehensive understanding of Subparts C & D, the compliance aspects of the pre- and post-award requirements like the new procurement rules and the new section on sub-recipient monitoring. 3. Participate in a practical exercise in preparing a grant application budget and budget narrative. (The second half of the day will be devoted to Subpart E - Cost Principles) 4. Understand what happens to indirect rates under the new rules. 5. Participate in an exercise to build an indirect rate for a nonprofit that has federal awards. 6. Cover the 55 cost principles, by categorizing them in a list as allowable or unallowable, what has changed with time reporting and other cost principles that most people use in their everyday efforts.
Date Start Time Credit Audits of State and Local Governments: What You Need to Know Mar. 17 9:30 a.m. 8 AA Frequent Frauds Found in Governments and Not-for-Profits Apr. 27 9:30 a.m. 8 AA Not-for-Profit Accounting & Reporting: From Start to Finish Apr. 28 9 a.m. 8 AA What You Need to Know to Audit Government Programs Apr. 20 9:30 a.m. 8 AA
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Code
Member Price
4162888D
$245
4162232D
$245
AINAR01
$249
4163203D
$245
Of Course!
Of Course!
Leadership Development Achieving Balance in Work and Life – Part I
Teamwork - Create a Cohesive Team
Date: April 28, 2017 Time: 10 a.m. CPE Credit: 4 BE Course Code: ACABW102 Location: Online Regular Price: $129 FICPA • $159 Nonmember Due to the constant stress of a fast paced life, overwork and family demands, it’s easy to feel your life is out of balance. When this happens, all areas of your life can suffer. By learning key methods for setting priorities and goals, overcoming stress and deciding what’s most important to you, you can achieve new levels of balance and greater results. Having more balance in your life will allow you to do less of what you don’t want and more of what is truly important to you.
Date: April 26, 2017 Time: 9 a.m. CPE Credit: 2 TB Course Code: ACTW02 Location: Online Regular Price: $79 FICPA • $109 Nonmember Why do some teams produce and win, while other teams fail? What do the leaders of great teams do that make the team a success? Whether you run the executive staff of a multinational company, a small department within a large organization or even if you are a team member on a team that needs improvement, we will share proven techniques to enhance teamwork. It is not complicated to build a team, but it is difficult. Teamwork is the ultimate competitive advantage both because it is so powerful and rare. “If you could get all the people in the organization pulling in the same direction, you could dominate any industry, in any market, against any competition, at any time.” Patrick Lencioni, the author of the book, The Five Dysfunctions of a Team. This seminar is based on the research from this book, which is used in most business schools today.
Code
Member Price
ACGFDR02
$39
4163027B
$60
ACMWCC02
$79
ACPIE03
$79
ACTFEL02
$79
ACTW24
$79
ACUCTS02
$79
OnLine CPE
Date Start Time Credit Giving Feedback That Delivers Results Apr. 19 10 a.m. 1 BE Managing Up Mar. 23 12 p.m. 2 BE Managing With Coaching Competencies- An Overview Apr. 26 1 p.m. 2 BE Power, Influence and Ethics Apr. 27 12 p.m. 2 TB Taking the Financial Executive’s Leadership to the Next Level Apr. 26 11 a.m. 2 BE Teamwork - Create a Cohesive Team Mar. 28 11 a.m. 2 TB Use Critical Thinking Skills to Boost Your Impact Apr. 26 12 p.m. 2 BE
LearnLinx Webcasts continued on pg. xii
To register, call 800.342.3197 or 850.224.2727, or visit ficpa.org/cpe.
www.ficpa.org
ix
Of Course! OnLine CPE
LearnLinx Webcasts continued from pg. xi
Management/Consulting Better Performance Plans: Think Like an Economist
Employment Law Update: Key Risks and Recent Trends
Date: March 13, 2017 Time: 9 a.m. CPE Credit: 2 TB Course Code: ACBPP12 Location: Online Regular Price: $79 FICPA • $109 Nonmember This session explores how to use the fundamentals of behavioral economics to get better business performance results. Behavioral economics uses elements of economics and psychology to expand conventional organizational theory. It explains why real-life employee behavior sometimes doesn’t make sense when viewed through traditional “carrot and stick” management theories. This session introduces and applies concepts such as anchor points, the endowment effect, the status quo effect, the ultimatum game and more to help financial professionals spot or prevent weak links in employee incentive programs.
Date: March 21, 2017 Time: 9 a.m. CPE Credit: 8 TB Course Code: AIELU03 Location: Online Regular Price: $249 FICPA • $319 Nonmember Businesses and nonprofits today face an explosion of EEOC actions and employment litigation that can threaten the organization’s financial stability as well as its reputation. This webcast will update you on – and provide tips about – mitigating exposure for the key employment risks that every employer faces: cyber issues, such as social media, device and internet use; wrongful termination; retaliation; whistleblowers; all types of discrimination and harassment; workplace safety; wage and hour laws; immigration issues; laws, such as the FMLA, ADA, HIPAA, COBRA, FLSA; and more. Know how to react to developing employment issues, understand recent trends in employment claims, and arm yourself with the knowledge and assessment tools that can make a difference for your employer or your clients.
Date Start Time Credit College Financial Planning: Student Loans Apr. 19 2 p.m. 2 TB Controller’s Update: Today’s Latest Trends Apr. 26 1 p.m. 4.5 TB Corporate Finance: Valuing a Business Apr. 28 11 a.m. 2 TB CPAs in Industry Conference 2017 Simulcast Mar. 23 8 a.m. 7 AA, 10 TB Create Reports that Matter: Turn Information into Action Mar. 17 9:30 a.m. 8 AA Financial Forecasting: Planning for Success Apr. 19 1 p.m. 4 TB Managing Your Risks in a Wall Street Portfolio Mar. 17 9 a.m. 8 TB Social Media 101: Know the Essentials for Your Business Apr. 19 10 a.m. 1 TB Social Media and Your Business Apr. 26 11 a.m. 2 TB The CFOs Role in Strategic Risk Management Mar. 29 11 a.m. 2 AA
x
MARCH 10 - APRIL 10, 2017
Code
Member Price
4163001B
$60
AICUTLT1
$159
ACCFVB03
$79
ICWEB
$450
4162555D
$245
AIFFPS01
$159
ACMYR13
$195
ACSM02
$39
ACSMYB02
$79
ACCRSR16
$79
Of Course!
Of Course!
Tax New Centralized Partnership Audit Rules
Taxation of Health Benefits
Date: April 29, 2017 Time: 11 a.m. CPE Credit: 2 TB Course Code: ACNCP02 Location: Online Regular Price: $79 FICPA • $109 Nonmember Effective in 2018 (coming like a freight train), the TEFRA partnership audit rules are axed and a whole new regime kicks in. Under the new rules, partnerships (and LLCs) will become strange new beasts potentially taxed like C corps. Do these new “tax procedure” rules spell the beginning of the end for partnerships as we know them? Escape routes are available, but not for all. Advance planning is a must to avoid train wrecks of biblical proportion.
Date: April 29, 2017 Time: 1 p.m. CPE Credit: 2 TB Course Code: ACTHB02 Location: Online Regular Price: $79 FICPA • $109 Nonmember The health insurance fringe benefit world has been badly disrupted at best, if not mostly blown out of the water. How does an employer hang in there in the face of it all? How are fringe benefits across the board offered and employment taxes reduced? How is contract labor retained safely?
Date Start Time Credit Code Member Price College Education Planning - Threading the Needle Between Tax Breaks and College Financial Aid Mar. 9 10 a.m. 3 TB ACCEP09 $99 Fringe Benefits Mar. 9 1 p.m. 3 TB ACFB08 $99 Tax Practice Quarterly: Annual Tax Season Debrief Apr. 27 1 p.m. 2 TB AITPQA01 $99
OnLine CPE
Technology 5 Steps to Safeguard Against Cyberattacks Date: March 15, 2017 Time: 2 p.m. CPE Credit: 1 TB Course Code: 4163193B Location: Online Regular Price: $30 FICPA • $50 Nonmember This course will outline the various forms of cyberattacks, how to recognize them and what steps to take to protect your and your client’s businesses. You will see a simple example of a cyberattack that can easily go undetected and learn tips to create strong passwords to help against common threats. You will also learn the importance and best method to educate users on proper security practices.
Office 365 Benefits to the CPA and Financial Professionals Date: March 1, 2017 Time: 2 p.m. CPE Credit: 1 TB Course Code: 4163192C Location: Online Regular Price: $30 FICPA • $50 Nonmember In this course we will discuss the advantages that Microsoft Office 365 can offer an organization; dive into features, such as OneDrive, SharePoint and Power BI that can improve the efficiency and productivity of your teams; Skype for Business; Outlook and many more.
Date Start Time Credit Code Better Business Decisions Through Power Business Intelligence Mar. 29 2 p.m. 1 TB 4163200B Clearing Up the Cloud Mar. 1 1 p.m. 1 TB 4163189C Unified Communications: Increase Collaboration and Reducing Costs Mar. 2 1 p.m. 1 TB 4163198B
To register, call 800.342.3197 or 850.224.2727, or visit ficpa.org/cpe.
Member Price $30 $30 $30
www.ficpa.org
xi
Of Course!
OnDemand CPE The Quality CPE You Expect – Anytime, Anywhere. Accounting and Auditing
OnDemand CPE
FASB’s “Big 3” – Revenue Recognition, Leases and Financial Instruments (FSBT) CPE Credit: 8 AA Course Code: SU-FSBT Location: Online Regular Price: $125 FICPA • $185 Nonmember Designed for practitioners and their staff, whether in public accounting or business and industry, this course provides a comprehensive review and update of the FASB’s Big 3 accounting and reporting areas—Revenue Recognition, Leases and Financial Instruments. We will focus on recently issued Accounting Standards Updates and Exposure Drafts, covering these critical areas of your practice or organization. We will analyze the Big 3 – which have a major effect on all industries – using examples and illustrations to provide a hands-on approach that will help you better assess and implement the new standards and guidance applicable to your clients or organization.
Upcoming Peer Review: Is Your Firm Ready? CPE Credit: 8 AA Course Code: AI-UPR Location: Online Regular Price: $129 FICPA • $169 Nonmember This CPE course will help you identify and prevent the most common significant deficiencies that peer reviews uncover, implement a process to select the appropriate peer reviewer and determine the right review year-end for your firm. This course also examines the additional issues that may come into play if you have specialized engagements such as governmental units, not-for-profit organizations, construction contractors or employee-benefit plans.
Course Member Course Credit Code Price Accounting for Business Combinations and Consolidated Financial Reporting (17-1) 6 AA GOL-0836 $72 Accounting for Income Taxes 4 AA GOL-AIT2 $48 Accounting for Intangible Assets and Other Capitalization Issues (18-1) 4 AA GOL-0831 $48 Accounting for Inventories 4 AA GOL-AI $48 Accounting for Property, Plant, and Equipment 4 AA GOL-APPE $48 An Overview of the Financial Reporting Framework for Small and Medium-Sized Entities (SME4) 4 AA SU-SME4 $65 Annual Accounting Update (ACU4) 4 AA SU-ACU4 $65 Annual Auditing Update (AUU4) 4 AA SU-AUU4 $65 Annual Update for Accountants and Auditors 14.5 AA AI-AUAA $169 Attestation and Assurance Services 4 AA GOL-AAS $48 Audit Workpapers: Documenting Field Work 3 TB AI-AWDFW $59 Auditing Employee Benefit Plans 13.5 AA AI-AEBP $159 Audits of 401(k) Plans 10 AA AI-A401K $139 Compilation and Review Overview (CROV) 2 AA SU-CROV $39 COSO’s Updated Internal Control – Integrated Framework: Critical Concepts in Design, Evaluation, Implementation and Monitoring 8 AA SU-UICF-W $155 Fair Value Determination for Complex Derivatives and Non-Readily Marketable Securities (AAFV) 2 AA SU-AAFV $49 Financial Statement Audit Reports 4 AA GOL-FSAR2 $48 Financial Statements: Disclosures 4 AA GOL-FSD $48 Fraud and the Sarbanes-Oxley Act 4 AA GOL-FSOX $48 Internal Auditing: Charter, Independence, and Objectivity 2 AA GOL-AICIO $24 xii
MARCH 10 - APRIL 10, 2017
Of Course!
4 AA
GOL-ICBCEA
$48
2 AA
SU-AAAL
$49
4 AA
GOL-0826
$48
4 AA 1 AA 4 AA
GOL-0833 MBAFOF GOL-0827
$48 $45 $48
4 AA 3 AA
SU-CMT4 SU-A1M3
$65 $54
2 AA
SU-EDIC
$39
2 AA 2 AA
SU-IEDC SU-SSAR
$39 $49
8 AA
SU-QUPR
$155
8 AA
SU-SMES
$125
4 AA
SU-REV4
$65
Ethics Ethics: Protecting the Integrity of FL CPAs CPE Credit: 4 ETH Course Code: ETHOL15-2 Location: Online Regular Price: $75 FICPA • $100 Nonmember This course is designed to help Florida licensees meet the requirements for ethics continuing education. Through instruction and discussion, the course addresses internal and external issues that CPAs face, such as professional standards, ethical conduct, client communication and independence. The course complies with the ethics requirements for Florida CPAs as set forth by the Florida Board of Accountancy: (1) Relationship of Florida laws and rules to national standards; (2) Chapter 455, Florida Statutes and how it relates to ethics; (3) Chapter 473, Florida Statutes and the requirements of public accounting in Florida; (4) 61H1 Florida Administrative Code (FAC) and issues affecting integrity and objectivity;
(5) Ethical impact of commissions, contingencies and communications; (6) Issue of competency to public accounting; (7) Florida’s independence rules and implication to public accounting (8) AICPA Interpretation 101-3 on independence and the differences between attest and nonattest services for clients; (9) Responsibilities of CPAs to their clients on confidentiality and record retention as required by AICPA Interpretation 501-1 and FAC 61H1-23; (10) Guidelines for advertising, solicitations, use of names and responsibilities for others; (11) Future implications of CPAs and ethics . Individuals that complete this self-study and successfully pass the exam will earn 4 hours of Ethics CPE Credit.
Course Member Course Credit Code Price CIA Ethics (6-1) 4 BE GOL-0834 $48 New York CPA Ethics: General Studies Course (2016) 4 BE GOL-NYETH16 $48 Texas Ethics: An Overview for Texas CPAs (11-1) 4 TB GOL-0832 $48 OnDemand CPE continued on pg. xiv
To register, call 800.342.3197 or 850.224.2727, or visit ficpa.org/cpe.
www.ficpa.org
xiii
OnDemand CPE
Internal Control: Basic Concepts for the External Auditor Lease Accounting: The Impact of Changing Standards on Both Lessors and Lessees (AAAL) Lessons for the Accountant from Frauds Related to Misappropriation of Assets (17-1) Main Differences between International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles (GAAP) MBAexpress: Ferreting Out Fraud Not-for-Profit Entities: Accounting & Reporting (18-1) Preparing Special Purpose Framework Financial Statements: Cash, Modified Cash, and Tax Basis (CMT4) Professional Skepticism (Audit Skills Training: Level 1) (A1M3) Properly Evaluating the Design and Operating Effectiveness of Internal Controls (EDIC) Properly Identifying, Evaluating and Documenting Results of Presumed Risk Assessment Audit Procedure Successfully Navigating the Impacts of SSARS No. 21 (SSAR) Surgent’s Auditing Workshop: Best Practices for Improving Audit Quality and Profitability (QUPR) The New Reporting Option: A Financial Reporting Framework for Small and Medium-Sized Entities (SMES) Understanding and Implementing the New Revenue Recognition Standard (REV4)
Of Course!
Accounting and Auditing
Of Course! OnDemand CPE
OnDemand CPE continued from pg. xiii
Government/Not-for-Profit Auditing Not-for-Profit Entities: Superior Skills for an Effective and Efficient Audit (ANFP)
Governmental Accounting: Concepts and the CAFR (17-1)
CPE Credit: 8 AA Course Code: SU-ANFP Location: Online Regular Price: $125 FICPA • $185 Nonmember It’s been said that you cannot fit a square peg into a round hole. The same principle holds true for audits of not-for-profit entities. You cannot apply a standard commercial audit approach to the audit of a not-for-profit entity and expect a good fit. Skilled auditors will instead adjust and hone the audit approach to fit the not-for-profit entity. This course is designed to help you obtain the superior skills needed to audit not-for-profit entities. The course materials utilize a highly illustrative format to increase concept comprehension and retention.
CPE Credit: 4 AA Course Code: GOL-0822 Location: Online Regular Price: $48 FICPA • $88 Nonmember After completing this course, you will be able to (1) answer questions about the financial reporting framework for state and local governments, (2) determine the required content of a CAFR, (3) identify the financial reporting entity, (4) analyze government-wide financial statements, (5) answer questions about fund accounting, (6) analyze fund financial statements, and (7) account for interfund transfers.
Course Member Course Credit Code Price A Complete Guide to the Yellow Book (YBYB) 8 AA SU-YBYBW $155 Comprehending OMB Circular A-133 8 AA AI-CA133 $155 Fraud and Abuse in Not-for-Profit Entities and Governments: Stealing from Everyone (FANG) 8 AA SU-FANGW $155 Fundamentals of Governmental Accounting and Reporting 11.5 AA AI-FGAR $159 GAAS from A to Z (GAAS) 8 AA SU-GAAS $125 Governmental Accounting and Auditing Update 6 AA AI-GAAU $99 Not-for-Profit Financial Reporting for Today and Tomorrow (NPFR) 8 AA SU-NPFRW $155 Tailoring the Audit to Suit a Not-for-Profit Entity (ANF4) 4 AA SU-ANF4 $65 The Auditor’s Responsibilities Related to Fraud and Abuse Under GAAS and the Yellow Book (RFA4) 4 AA SU-RFA4 $65 The Seven Aspects of a GAAS Audit (SVN4) 4 AA SU-SVN4 $65
xiv
MARCH 10 - APRIL 10, 2017
Of Course!
Of Course!
Leadership Development MBAexpress: Networking – Building a Stronger Professional Network
Transitioning to the Professional World (Audit Skills Training - Level 1) (A1M1)
CPE Credit: 1 BE Course Code: MBATTBSN Location: Online Regular Price: $45 FICPA • $60 Nonmember Networking is one of the most powerful tools accountants can develop, but it takes time, energy and commitment in order to build a strong network. Having a strong network will assist you in launching a new idea or plan, developing new business and clients, reducing costs in recruiting and leveraging your career.
CPE Credit: 3 TB Course Code: SU-A1M1 Location: Online Regular Price: $54 FICPA • $76.50 Nonmember New accountants must seamlessly transition to a profession that relies heavily on conformance with technical and ethical standards. It is critical for CPAs to seek to serve the public interest with a strong sense of character, integrity, competence and due professional care. In addition, CPAs must appropriately safeguard any threats to independence and objectivity.
Management/Consulting Disaster Recovery Planning for Your CPA Firm, Company or Client (BCD4) CPE Credit: 4 TB Course Code: SU-BCD4 Location: Online Regular Price: $65 FICPA • $95 Nonmember Did you know that 35% of all businesses never reopen after a disaster, and that not all disasters are weather related? How would the loss of a significant customer or a vendor’s bankruptcy affect your operations? Threats are like an iceberg: there is a lot more lurking just below the surface that you can’t see, just waiting for the worst possible moment to inflict mass amounts of unexpected damage. The difference between an event that impairs your business temporarily or destroys your business permanently is often having a plan. The purpose of this course is to help you stay in
business by expanding your awareness of both the common and uncommon disasters, learning to rate and rank potential threats and helping you develop an appropriate response plan that addresses prevention, shared risk, mitigation and recovery. This course utilizes real world examples to learn from the good, the bad and the ugly disaster recovery plans. Every one hour and dollar you spend planning will save you seven after a disaster, and that just may be the difference between survival and failure.
Course Member Course Credit Code Price Advanced Estate-Planning and Valuation Issues for the Closely Held Business Owner (EPVI) 10 TB SU-EPVI $150 An Introduction to Trusts (IEST) 2 TB SU-IEST $49 Bankruptcy (2016) 4 TB GOL-BANKR-16 $48 Business Continuity and Disaster Recovery Planning for Your CPA Firm, Company, or Client (BCDR) 8 TB SU-BCDR $125 OnDemand CPE continued on pg. xvi
To register, call 800.342.3197 or 850.224.2727, or visit ficpa.org/cpe.
www.ficpa.org
xv
OnDemand CPE
Course Member Course Credit Code Price Desired Traits of Entry-Level Auditors (Audit Skills Training: Level 1) (A1M2) 3 AA SU-A1M2 $54 Desired Traits of In-Charges, Seniors and Supervisors (Audit Skills Training - Level 5) (A5M1) 3 AA SU-A5M1 $54 MBAexpress: Communication in the Workplace 1 BE MBACITW $45 MBAexpress: Effective Change Management 1 BE MBAECM $45 MBAexpress: Good Governance 1 TB MBAGG $45 MBAexpress: Nuances of Negotiating 1 BE MBANON $45 MBAexpress: Powerful Presentation Skills 1 BE MBAPSPS $45 MBAexpress: Teamwork & High Performance Teams 1 BE MBATHPT $45 The Anticipatory Organization - Accounting and Finance Professionals 5 TB AOAF $295 The Art of Discipline and Getting Things Done (Audit Skills Training - Level 7) (A7M1) 3 TB SU-A7M1 $54
Of Course! OnDemand CPE
OnDemand CPE continued from pg. xv
Management/Consulting (continued) CFO/Controller’s Roadmap to Organization Success With Integrated Planning, Forecasting, and Budgeting 8 TB Client and Engagement Management (Audit Skills Training - Level 4) (A4M8) 3 AA Comprehensive Accounting Issues of Estates and Trusts: Fiduciary Accounting and Tax Issues (FACT) 8 AA Cost Accumulation Systems – Traditional 4 AA Cost Management Terminology and Concepts 4 AA Critical Tools for Today’s Controller and CFO 10 TB Current Developments and Best Practices for Today’s CFOs and Controllers (TCFO) 8 TB Estate and Business-Succession Planning Using Life Insurance (ESLI) 10 TB Estate and Life Planning Issues for the Middle-Income Client (PMIC) 8 TB FASB Review for Business and Industry 8.5 AA Firm’s Capital Structure (18-1) 4 TB From Hiring to Firing and Everything In Between: Legal, Tax, and Health Care Issues (HTOF) 8 TB Health Savings Accounts, Long-Term Care, Nursing Homes, and Other Health Planning Issues (OHPI) 2 TB High Income Employees: Highly Compensated Employees Hot Spots 1 TB Hot Topics for Landlords: Residential Property Investors (2016) 1 TB How to Settle an Estate - An Overview (HSEO) 2 TB How to Settle an Estate for a Client from A to Z (SEAZ) 10 TB Innovative Forecasting and Budgeting: Moving Beyond the Traditional Techniques (IFB4) 4 TB Introduction to Mergers and Reorganizations (MERG) 8 TB Key Issues that Practitioners Need to Know About Medicare (MEDC) 2 TB Leases 2 TB MBAexpress: Basics of Business Law 1 TB MBAexpress: Business Process Improvement 1 TB MBAexpress: Essence of Entrepreneurship 1 TB MBAexpress: Faster Disaster Recovery 1 TB MBAexpress: Key Concepts of Leadership Strategy 6 TB MBAexpress: Key Concepts of Performance Management 6 TB MBAexpress: Success with Social Media 1 TB Multigenerational Financial and Tax Planning for Clients (MGEN) 8 TB Social Security, Medicare, and Prescription Drug Retirement Benefits: What Every Baby Boomer Needs to Know Now (SSRB) 16 TB Surgent’s Employee vs. Independent Contractor: Achieving Success in a Worker Classification Audit (EMIC) 2 TB Surgent’s Guide to Designing and Administering the Roth 401(k), Traditional 401(k), SIMPLE, and Café 12 TB Surgent’s Latest Estate Planning Ideas and Strategies (EPIS) 2 TB The Complete Guide to Liquidation of Business Entities (CGLB) 12 TB The Complete Trust Workshop (TCTW) 16 TB Understanding Traditional IRAs (UNRI) 2 TB Valuing Inventory to Avoid Poor Pricing Decisions 4 AA What Every Professional Should Know About Elder-Care Planning (CECP) 8 TB xvi
MARCH 10 - APRIL 10, 2017
SU-PLFB
$125
SU-A4M8
$54
SU-FACT GOL-CMTC GOL-CMTC2 AI-CTTC
$125 $48 $48 $145
SU-TCFO SU-ESLI SU-PMIC AI-FASBBI GOL-0819
$125 $150 $125 $129 $48
SU-HTOF
$125
SU-OHPI GOL-HIE GOL-HTL (2016) SU-HSEO SU-SEAZ
$39 $12 $12 $39 $150
SU-IFB4 SU-MERG SU-MEDC GOL-LEAS MBABBL MBABPI MBAEOE MBAFDR MBAKCLS MBAKCPM MBASWSM SU-MGEN
$65 $125 $49 $24 $45 $45 $45 $45 $180 $180 $45 $125
SU-SSRB
$225
SU-EMIC
$49
SU-RTSC SU-EPIS SU-CGLB SU-TCTW SU-UNRI GOL-VIAPPD
$175 $49 $175 $225 $39 $48
SU-CECP
$125
Of Course!
Preparing Individual Tax Returns for New Staff and Para-Professionals (PITR)
Staying Current with Tax Laws: Federal Tax Update (2016)
CPE Credit: 8 TB Course Code: SU-PITRW Location: Online Regular Price: $155 FICPA • $215 Nonmember The objective of this course is to train new staff accountants, data processing employees, para-professionals and bookkeepers to prepare a complicated federal individual income tax return. Over the years, thousands of new staff have received practical, hands-on experience to become familiar with tax forms. This course covers the latest tax law changes, making it essential for your new staff. Updated for impacts of the Protecting Americans Against Tax Hikes (PATH) Act of 2015.
CPE Credit: 3 TB Course Code: GOL-STTLFED 16 Location: Online Regular Price: $36 FICPA • $66 Nonmember After completing this course, you will be able to (1) identify changes in tax calculations due to inflation, (2) select information regarding the Affordable Care Act that applies to 2016, (3) answer questions regarding the new myRA and ABLE savings accounts and (4) answer questions about various changes that impact taxes in 2016.
OnDemand CPE continued on pg. xviii
To register, call 800.342.3197 or 850.224.2727, or visit ficpa.org/cpe.
www.ficpa.org xvii
OnDemand CPE
Course Member Course Credit Code Price Adjustments to Income Tax Liability: Credits, Alternative Minimum Tax, FICA (2016) 4 TB GOL-0821 $48 Advanced Partnership/LLC Workshop: How to Do Optional Step-Up in Basis Under 754 and Related Provisions 8 TB SU-APLW $125 Affordable Care Act: Tax and Insurance Ramifications 7 TB AI-ACA $109 Calculating Tax Liability for C Corporations (2016) 4 TB GOL-0829 $48 Corporate Taxation: Advanced Issues (CTA4) 4 TB SU-CTA4 $65 Corporate: S Corporation Formation and Operation (2016) 4 TB GOL-CSCFO2016 $48 Critical 1040 Reporting Issues Related to the New Affordable Care Act - Penalties and Premium Tax Credits 2 TB SU-ACT2 $49 Deducting Casualty and Theft Losses (2016) 3 TB GOL-0823 $36 Federal Estate and Gift Tax Returns – Forms 706 and 709 Workshop with Filled-in Forms (GIFT) 16 TB SU-GIFT $225 Federal Tax Update including the PATH Act of 2015 3 TB GOL-FTU15 $36 Fiduciary Income Tax Returns – Form 1041 Workshop with Filled-in Forms (1041) 16 TB SU-1041-16 $225 Financial Accounting for Tax Practitioners 4 TB GOL-FATP $48 Formation, Distributions, and Compensation of S Corporations and Partnerships (RFDC) 2 TB SU-RFDC $49 Getting More Active with the Passive Activity Rules and the Net Investment Income Tax (PAIT) 8 TB SU-PAITW $155 Hot IRS Tax Examination Issues for Individuals and Businesses (EXIB) 8 TB SU-EXIB $125 Individual Income Tax Return Mistakes and How to Fix Them (INB4) 4 TB SU-INB4 $65 Intermediate Core Tax Issues in Partnerships and LLCs (ICIL) 8 TB SU-ICIL $125 Intermediate Core Tax Issues in S Corporations (ICIS) 8 TB SU-ICIS $125 Introduction to FBAR (2016) 1 TB GOL-FBAR $12 Introduction to K-1 Issues for S Corporation Shareholders (K1SC) 2 TB SU-K1SC $49 Introduction to the Limited Liability Company (ILLC) 2 TB SU-ILLC $39 Key Partnership and S Corporation Tax Planning Strategies (BTS4) 4 TB SU-BTS4 $65 Lessons for the Tax Preparer (2016) 3 TB GOL-LTP $36 Mastering Basis Issues for S Corporations, Partnerships, and LLCs (HMB4) 4 TB SU-HMB4 $65 Payroll (2016) 4 TB GOL-0824 $48 Post-Mortem Estate Planning: Forms 706, 1041 & 1040 (PMEP) 12 TB SU-PMEP $175 Preparing C Corporation Tax Returns for New Staff and Para-Professionals (PCTR) 10 TB SU-PCTR(10) $150
Of Course!
Tax
Of Course! OnDemand CPE
OnDemand CPE continued from pg. xvii
Tax (continued) Recovering the Cost of Capitalized Assets: Depreciation, Amortization, and Depletion (2015) 4 TB Review of Form 709 – Gift Tax Return (709R) 2 TB Schedule C Hot Spots: Sole Proprietors (2016) 2 TB Surgent’s Calculating a Partner’s or LLC Member’s Basis (CPMB) 2 TB Surgent’s Comprehensive Guide to Tax Depreciation, Amortization, and Property Transactions from Acquisition to Exchange or Disposition (TDAP) 8 TB Surgent’s Guide to Wall Street Investments and Their New Tax Implications (GWSI) 10 TB Surgent’s Hot Audit Issues: Substantiation for Cars, Meals, Entertainment, and Gifts (HAIS) 2 TB Surgent’s Individual Income Tax School (SITS) 16 TB Surgent’s Introduction to K-1 Issues for Partners and Members in a LLC (K1PM) 2 TB Surgent’s Preparing the Decedent Final 1040 Return – Key Elections and Compliance Issues (PDFR) 2 TB Tax Aspects of Home Offices and Vacation Homes (HOVH) 2 TB Tax Considerations for Divorce 1 TB Tax Issues and Planning Using Roth IRAs (ROTH) 2 TB Tax Rules Specific to Businesses that Expand Beyond the U.S. (BOUS) 2 TB The Complete Guide to Partnerships and Limited Liability Companies (CLLC) 12 TB The Insurance Mandates and the Affordable Care Act (2016) 2 TB The Top 50 Business Tax Mistakes Practitioners Make and How to Fix Them (BTBB) 8 TB Understanding NOL Calculations for Individual Tax Returns with Filled-In Forms (UNCR) 2 TB Working from Home: The Home Office Deduction (2016) 2 TB
xviii MARCH 10 - APRIL 10, 2017
GOL-RCCA15 SU-709R GOL-SCHS (2016) SU-CPMB
$48 $39 $24 $49
SU-TDAP-W
$155
SU-GWSI
$150
SU-HAIS SU-SITS
$49 $225
SU-K1PM
$49
SU-PDFR SU-HOVH GOL-TCD SU-ROTH SU-BOUS
$49 $39 $12 $39 $49
SU-CLLC GOL-0830
$175 $24
SU-BTBBW
$155
SU-UNCR GOL-WFH (2016)
$49 $24
Of Course!
Of Course!
Technology Business Information Systems (2016)
Microsoft PowerPoint 2013: Getting Started (GSWP)
CPE Credit: 4 TB Course Code: GOL-BIS (2016) Location: Online Regular Price: $48 FICPA • $88 Nonmember After completing this course, you will be able to (1) distinguish the functions of the different types of business information systems, such as data warehouses, decision support systems, and executive support systems; (2) recognize the risks that distinguish an automated system from a manual one; (3) recognize the importance of proper segregation of duties within the IT function; (4) identify phases and features of the systems development process; and (5) recognize aspects of the program change control (application maintenance) process.
CPE Credit: 6 TB Course Code: SU-GSWP Location: Online Regular Price: $95 FICPA • $140 Nonmember This course guides you through creating and opening PowerPoint presentations; inserting, reorganizing and deleting slides; applying a design theme and switching between different PowerPoint views. You learn how to insert various types of content on slides, such as bulleted lists, tables, charts, shapes, pictures, SmartArt graphics and sound clips; how run a slide show and how to preview and print audience handouts; how to add animation and transition effects to slides; how to create a custom design theme and a custom template, which you use to create a new presentation; how to integrate Excel workbook data and charts in a presentation using copy and paste; how to add footer text, a date and slide numbers to slides; how to run a full-screen slide show using slide show controls; and how to run a slide show in Presenter view.
To register, call 800.342.3197 or 850.224.2727, or visit ficpa.org/cpe.
www.ficpa.org
xix
OnDemand CPE
Course Member Course Credit Code Price Information Technology: Computer File Storage and Systems Security (2016) 4 TB GOL-ITCFS(2016) $48 Information Technology: Hardware, Software, and Networks 4 TB GOL-ITHSN $48 Microsoft Excel 2013: Creating and Formatting Charts (CFCS) 4 TB SU-CFCS $65 Microsoft PowerPoint 2010: Getting Started (PPGS) 6 TB SU-PPGS $95 Microsoft Excel 2013: Getting Started (GSWE) 6 TB SU-GSWE $95
Of Course!
In-Person CPE Course Descriptions CPAs in Industry Conference (Ft. Lauderdale & Tampa)
Summer Education Conference
CPE Credit: Up to 17 CPE Hours Course Number: ICM, IC The CPAs in Industry Conference brings together nearly 200 CPAs from around the state to hear the best of the best! Engage with your colleagues and learn best practices from our presenters and each other. •• Increase your knowledge of critical topics, presented from the perspective of CPAs and CFOs working in industry •• Learn the risks and threats and how to position your business for success •• Explore two days of outstanding sessions designed especially for you
CPE Credit: Up to 20 CPE Hours Course Number: SEC17 The Florida, Alabama, and Louisiana CPA societies are mixing it up in 2017 and combining our beach conferences. Get a full week of sun and CPE in beautiful Sandestin, while enjoying a perfectly mixed cocktail of information and beach activities.
Summer Vacation Cluster
Florida State University Accounting Conference CPE Credit: Up to 17 CPE Hours Course Number: FSUAC Don’t miss THE most notable conference in North Florida: the Florida State University Accounting Conference held on May 11-12, 2017 in Tallahassee and online via simulcast. Earn up to 17 hours of CPE and build your expertise with informative sessions presented by some of our most dynamic instructors.
In-Person CPE
With a variety of hotel and condo options, we’ve got something to fit just about any vacation budget, so make your plans today to join us this summer. The more the merrier!
Health Care Industry Conference CPE Credit: Up to 21 CPE Hours Course Number: HCC Health care is a profession under constant change, especially under a new administration. New rules and regulations are introduced with regularity. What can you do to keep pace with this ever-evolving industry? Want to learn the best strategies for guiding your organization and clients? The 2017 FICPA Health Care Conference is for you!
Mega CPE Conference CPE Credit: Up to 32 CPE Hours Course Number: MEGA With up to 32 hours of CPE, national speakers and fun for everyone, you will not want to miss the 2017 FICPA Mega CPE Conference. Join over 500 accounting professionals at the award-winning Gaylord Palms Resort & Convention Center – a destination on its own. Customize your schedule from numerous breakout sessions plus leadership events and specialized Pro-X Professional Extras: the Employee Benefits Flextrak, the State Tax Flextrak, YCPA Flextrak, and Women’s Leadership Summit. Find solutions for your office from over 50 vendors in the Mega Marketplace and make valuable connections that benefit your business.
CPE Credit: Up to 20 CPE Hours Course Number: SVC Disney’s Grand Floridian Resort & Spa is a fantastic place to call home for this long weekend. This extravagant waterfront getaway features a full-service spa, a white-sand beach and charming live music. It’s perfect for those seeking an escape and also for the thrill-seeking family – Magic Kingdom® Theme Park is just one stop away on the complimentary monorail. While enjoying your surroundings, you can earn up to 20 hours of CPE credit. Choose from nine four-hour sessions, including ethics, led by some of our highest-rated speakers! Come for the conference, stay for the magic. Use the FICPA’s special group room rate to add extra resorts night to your reservation before the conference, after the conference or both.* Experience the fun and excitement of Walt Disney World® Resort with friends, family and colleagues!
Women’s Leadership Summit CPE Credit: Up to 7 CPE Hours Course Number: WLS Women are emerging as the next generation of business and community leaders. Within organizations everywhere, one can sense their driving force to create a culture of openness and innovation. The Women’s Leadership Summit supercharges these strides with leadership training that takes you to the next level. Join us in recognizing the Women to Watch Award winners and grow your network with leading women from all industries.
Not-for-Profit Organizations Accounting Conference (Ft. Lauderdale & Tampa) CPE Credit: Up to 16 CPE Hours Course Number: NPC2, NPC CPAs who advise nonprofit organizations are in a unique position to guide these entities in making decisions critical to their current and future viability. They provide the information needed to help these organizations solve tax problems, set up internal systems and budget resources. Our 2017 Conference Committee is dedicated to identifying the most important topics, and securing the most knowledgeable presenters, to offer you the best practices to solve financial and operational issues facing nonprofit organizations today. = Live Conference Simulcast xx
MARCH 10 - APRIL 10, 2017
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= Seminar Days
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= Take Two!
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= Value-Priced Seminars
Of Course!
#ficpaABS
www.ficpa.org/ABS
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Save The Date From full-fledged conferences to flexible Seminar Days, we offer the highest quality CPE to meet your needs. Mark your calendar for these events around the state! MARCH
JUNE Mega CPE Conference Orlando June 14 - 17, 2017 www.ficpa.org/MEGA
CPAs in Industry Tampa and Ft. Lauderdale March 23 - 24, 2017 www.ficpa.org/IndustryConference
Women's Leadership Summit - 2017 Orlando June 15, 2017 www.ficpa.org/WLS
APRIL Health Care Industry Conference Orlando April 20 - 21, 2017 www.ficpa.org/HCC
JULY Summer Education Conference Destin July 17 - 21, 2017 www.ficpa.org/SEC
MAY Florida State University Accounting Conference Tallahassee May 11 - 12, 2017 www.ficpa.org/FSUAC
Summer Vacation Cluster Orlando July 27 - 29, 2017 www.ficpa.org/SVC
Not-for-Profit Organizations Accounting Conference Ft. Lauderdale and Tampa May 18 - 19, 2017 www.ficpa.org/NPC
Live Simulcast Attendance Can’t attend in person? We bring select FICPA conferences to the convenience of your home or office! Conferences offering simulcast coverage are denoted with this symbol . To register, visit the conference webpage or call the FICPA Member Service Center at (800) 342-3197.
F L O R I D A
Florida Institute of Certified Public Accountants P.O. Box 5437 Tallahassee, FL 32314-5437