SUMMER 2009 • JULY - SEPTEMBER
Invest in Your Success South Carolina
CPA
South Carolina Association of Certified Public Accountants
Relevant, practical CPE is an important part of your journey on the path to success, and SCACPA is proud to help you reach that destination. As the most comprehensive source of
Registration & Membership Information Online www.scacpa.org By Phone (803) 791-4181 or (888) 557-4814
learning for South Carolina CPAs, we are proud to present this course schedule for Summer 2009. You’ll receive an updated schedule each quarter, and any additions or changes will be posted in our Tuesday Teaser emails and online at www.scacpa.org. On the path to success, count on SCACPA to keep you informed, equipped and connected! View our full course schedule at www.scacpa.org
SCACPA Choice Card Save up to 40 percent on CPE! Pay only $1025 for 40 hours – less than $26 per hour! Members-only benefit for individuals, firms, companies, even a group of individual practitioners. Transferable to any SCACPA member of the firm or company. Excludes exam review courses cosponsored events and events worth less than 4 CPE hours. Expires December 31, 2009.
Questions? Reva Brennan, MPA, CAE, IOM Associate Director rbrennan@scacpa.org CPE • Customized Training • Classroom Rentals • Committees/ Task Forces April Collins, Education Manager acollins@scacpa.org CPE Registrations and Questions • Self Study Katherine Swartz, CAE Member Services Director kswartz@scacpa.org Membership • Chapters • Discounts, Benefits & Insurance • Programs • Students Glenna Minor, Peer Review & Member Services Manager gminor@scacpa.org Educational Fund & Scholarships • Legislative & Regulatory • PAC • Peer Review
July Seminar Listings
July 8
A PRACTITIONER’S GUIDE TO IRAS AND QUALIFIED RETIREMENT PLANS (53009) Credits: 8 Area: Tax Level: Basic Leader: Art Werner Location: SCACPA - West Columbia Fees: CC $190, EB $210, M $235, NM $285
July 9
MAKING THE BEST OF BAD SITUATIONS (53109) Credits: 8 Area: Tax Level: Basic Leader: Art Werner Location: SCACPA - West Columbia Fees: CC $190, EB $210, M $235, NM $285
Choice Card (CC)– Available to SCACPA members only. The Choice Card is only good for one year and is available on all courses that are four CPE hours or more except events co-sponsored by other vendors, i.e., AHI/AICPA, SC Bar, IMA, CPA2Biz, etc. (See page 2 for more information.) Non-Member (NM) – Anyone who is not a member of SCACPA or any other state CPA society.
July 14
July 16
July 15
July 17
ADVANCED PARTNERSHIP/LLC WORKSHOP: HOW TO DO OPTIONAL STEP-UP IN BASIS UNDER SS 754 AND RELATED PROVISIONS (53209) Credits: 8 Area: Tax Level: Advanced Leader: John Sherrick Location: Embassy Suites - Greenville Fees: CC $190, EB $210, M $235, NM $285
GOLD MINE OF GREAT TAX STRATEGIES FOR THE REAL ESTATE INVESTOR (53309) Credits: 8 Area: Tax Level: Intermediate Leader: John Sherrick Location: Embassy Suites - Greenville Fees: CC $190, EB $210, M $235, NM $285
Regular Member (M) – SCACPA members who register with payment less than three weeks prior to the event date and other state CPA society members.
UPCOMING PEER REVIEW: IS YOUR FIRM READY? (53409A) Credits: 8 Area: Auditing Level: Intermediate Leader: Mark Hobbs Location: SCACPA - West Columbia Note: Accepted for CMA and CFM credits; $30 AICPA Discount Fees: CC $190, EB $210, M $235, NM $285
TRUSTED ADVISOR WORKSHOP (51609) Credits: 8 Area: Consulting Level: Advanced Leader: Joe Fehrmann Location: SCACPA - West Columbia Note: $100 AICPA Discount Fees: CC $NA, EB $399, M $449, NM $449
CC Choice Card EB Early Bird M Member NM Non-member
Satellite & Webcast * CFP
Qualifies for CFP credit
Qualifies for Yellow Book
Early Bird (EB) – SCACPA members who register with payment at least three weeks prior to the event date.
Invest in Your Success.
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JULYseminar listings July 21
ACCOUNTING AND AUDITING UPDATE (53509AM) Credits: 2/2 Area: Accounting/ Auditing Level: Update Leader: Teresa Thamer Location: Columbia Conference Center - Columbia Note: Breakfast only Fees: CC $95, EB $148, M $160, NM $185 FORENSIC ACCOUNTING: UNCOVERING SCHEMES AND SCAMS (53509PM) Credits: 4 Area: A&A Level: Intermediate Leader: Teresa Thamer Location: Columbia Conference Center - Columbia Note: Lunch only Fees: CC $95, EB $148, M $160, NM $185 PRACTICAL TIPS AND TECHNIQUES FOR DEALING CFP WITH THE IRS (53609AM) * Credits: 4 Area: Tax Level: Basic Leader: William Grooms Location: Columbia Conference Center - Columbia Note: Accepted for CFP, CMA, CFM, & EA credit; Breakfast only Fees: CC $95, EB $148, M $160, NM $185
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July 21
INNOVATIVE TAX TIPS FOR INDIVIDUALS (53609PM) CFP * Credits: 4 Area: Tax Level: Intermediate Leader: William Grooms Location: Columbia Conference Center - Columbia Note: Accepted for PFS, CFP, CMA, CFM, & EA credit; Lunch only Fees: CC $95, EB $148, M $160, NM $185
July 22
CASH AND TAX BASIS FINANCIAL STATEMENTS ALTERNATIVES TO GAAP & REPORTING (53809AM) Credits: 4 Area: Accounting Level: Basic Leader: Teresa Thamer Location: Columbia Conference Center - Columbia Note: Accepted for CMA and CFM credit; Breakfast only Fees: CC $95, EB $148, M $160, NM $185 ADVANCED ISSUES IN COMPILATION, REVIEW AND ACCOUNTING SERVICES (53809PM) Credits: 4 Area: Auditing Level: Advanced Leader: Teresa Thamer Location: Columbia Conference Center - Columbia Note: Accepted for CMA and CFM credit; Lunch only Fees: CC $95, EB $148, M $160, NM $185
July 22
SOLVING THE CHOICE OF ENTITY RIDDLE: KEY TAX AND BUSINESS IMPLICATIONS (53909AM) Credits: 4 Area: Tax Level: Intermediate Leader: William Grooms Location: Columbia Conference Center - Columbia Note: Accepted for CFP, CMA, CFM, & EA credit; Breakfast only Fees: CC $95, EB $148, M $160, NM $185 KESS ON TAX LEGISLATION 2009: AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 (53909PM) Credits: 4 Area: Tax Level: Update Leader: William Grooms Location: Columbia Conference Center - Columbia Note: Lunch only Fees: CC $95, EB $148, M $160, NM $185
For more information on these seminars please visit our Web site at www.scacpa.org
July 22
GOVERNMENTAL ACCOUNTING & AUDITING UPDATE Credits: 8 Area: A&A Level: Intermediate Leader: Panel Location: • Technical College of the Lowcountry New River Campus, Bluffton (54009BS) • College of Charleston, Charleston (54009HS) • SCACPA, West Columbia (54009LW) • Greenville Technical College, Greenville (54009GS) • Horry-Georgetown Technical College, Myrtle Beach (54009MS) Note: Yellow Book; meals not included Fees: CC $190, EB $135, M $160, NM $210
July 23
NAVIGATING THE NEW FASB CODIFICATION: RESEARCH REAL-LIFE ACCOUNTING ISSUES (54109AM) Credits: 4 Area: Accounting Level: Basic Leader: Teresa Thamer Location: Columbia Conference Center - Columbia Note: Accepted for CMA and CFM credit; Breakfast only Fees: CC $95, EB $148, M $160, NM $185
July 23
EFFICIENT SMALL BUSINESS AUDITS (54109PM) Credits: 4 Area: Auditing Level: Intermediate Leader: Teresa Thamer Location: Columbia Conference Center - Columbia Note: Accepted for CMA and CFM credit; Lunch only Fees: CC $95, EB $148, M $160, NM $185
Continuing education is an important part of being a CPA... but with busy schedules it can sometimes be difficult to fit education and training into
ANALYZING COSTS, PRODUCTIVITY AND EFFICIENCY: THREE WAYS TO BOOST YOUR BOTTOM LINE (54209AM) Credits: 4 Area: Finance Level: Intermediate Leader: Steven Toups Location: Columbia Conference Center - Columbia Note: Accepted for CMA and CFM credit; Breakfast only Fees: CC $95, EB $148, M $160, NM $185
your daily routine.
FINANCIAL MANAGEMENT: TOOLS AND TECHNIQUES TO ENHANCE PROFITABILITY (54209PM) Credits: 4 Area: Finance Level: Intermediate Leader: Steven Toups Location: Columbia Conference Center - Columbia Note: Bring a Calculator; Accepted for CMA and CFM credit; Lunch only Fees: CC $95, EB $148, M $160, NM $185
training needs.
Let SCACPA help by bringing our expertise to you with our onsite
CUSTOMIZED TRAINING PROGRAM designed to fit your
For more information on how SCACPA can help your organization contact Associate Director Reva Brennan, IOM, MPA, CAE at (803) 791-4181 x. 103 or rbrennan@ scacpa.org
organizations’ education and
www.scacpa.org
Invest in Your Success.
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AUGUSTseminar listings August 10
ACCOUNTING AND AUDITING UPDATE (54309AM) Credits: 2/2 Area: Accounting/ Auditing Level: Update Leader: Teresa Thamer Location: Wild Dunes - Isle of Palms Note: Accepted for CMA and CFM credit; Breakfast only Fees: CC $95, EB $173, M $185, NM $210 PURCHASING, INVENTORY, AND CASH DISBURSEMENTS: COMMON FRAUDS AND INTERNAL CONTROLS (54309PM) Credits: 4 Area: Auditing Level: Basic Leader: Teresa Thamer Location: Wild Dunes - Isle of Palms Note: Accepted for CMA and CFM credit; Lunch only Fees: CC $95, EB $173, M $185, NM $210 SOLVING THE CHOICE OF ENTITY RIDDLE: KEY TAX CFP AND BUSINESS IMPLICATIONS (54409AM) * Credits: 4 Area: Tax Level: Intermediate Leader: Steven D. Lustig Location: Wild Dunes - Isle of Palms Note: Accepted for CFP, CMA, CFM, & EA credit; Breakfast only Fees: CC $95, EB $173, M $185, NM $210
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August 10
August 11
August 11
INNOVATIVE TAX TIPS FOR INDIVIDUALS (54609PM) CFP Credits: 4 Area: Tax * Level: Intermediate Leader: Steven D. Lustig Location: Wild Dunes - Isle of Palms Note: Accepted for PFS, CFP, CMA, CFM, & EA credit; Lunch only Fees: CC $95, EB $173, M $185, NM $210
PRACTICAL TIPS AND TECHNIQUES FOR DEALING CFP WITH THE IRS (54409PM) * Credits: 4 Area: Tax Level: Basic Leader: Steven D. Lustig Location: Wild Dunes - Isle of Palms Note: Accepted for CFP, CMA, CFM, & EA credit; Lunch only Fees: CC $95, EB $173, M $185, NM $210
DOING MORE WITH LESS: LEAN ACCOUNTING AND MANAGEMENT (54509AM) Credits: 4 Area: Finance Level: Intermediate Leader: Anthony LaRusso Location: Wild Dunes - Isle of Palms Note: Accepted for CMA and CFM credit; Breakfast only Fees: CC $95, EB $173, M $185, NM $210 CONTROLLER’S UPDATE: LATEST TRENDS FOR TODAY’S FINANCIAL MANAGER (54509PM) Credits: 4 Area: Finance Level: Update Leader: Anthony LaRusso Location: Wild Dunes - Isle of Palms Note: Accepted for CMA and CFM credit;Lunch only Fees: CC $95, EB $173, M $185, NM $210
KESS ON TAX LEGISLATION 2009: AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 (54609AM) Credits: 4 Area: Tax Level: Update Leader: Steven D. Lustig Location: Wild Dunes - Isle of Palms Note: Breakfast only Fees: CC $95, EB $173, M $185, NM $210
August 12
BEYOND FINANCIAL ACCOUNTING: BUDGETING AND COSTING TECHNIQUES FOR MAXIMUM PROFITABILITY (54709AM) Credits: 4 Area: Finance Level: Intermediate Leader: Anthony LaRusso Location: Wild Dunes - Isle of Palms Note: Breakfast only Fees: CC $95, EB $173, M $185, NM $210
August 12
DECISION-MAKING TIPS, TOOLS AND TECHNIQUES FOR TODAY’S FINANCIAL ENVIRONMENT (54709PM) Credits: 4 Area: Finance Level: Intermediate Leader: Anthony LaRusso Location: Wild Dunes - Isle of Palms Note: Accepted for CMA and CFM credit; lunch only Fees: CC $95, EB $173, M $185, NM $210 S CORPORATIONS: STRATEGIES FROM FORMATION CFP TO TERMINATION (54809AM) * Credits: 4 Area: Tax Level: Basic Leader: Steven D. Lustig Location: Wild Dunes - Isle of Palms Note: Accepted for CFP, CMA, CFM, & EA credit; Breakfast only Fees: CC $95, EB $173, M $185, NM $210 INNOVATIVE TAX TIPS FOR SMALL BUSINESSES CFP (54809PM) * Credits: 4 Area: Tax Level: Intermediate Leader: Steven D. Lustig Location: Wild Dunes - Isle of Palms Note: Accepted for CFP, CMA, CFM, & EA credit; lunch only Fees: CC $95, EB $173, M $185, NM $210
August 19
COMPILATION & REVIEW UPDATE: ADVANCED ISSUES Credits: 8 Area: A&A Level: Update Leader: Panel Location: • Technical College of the Lowcountry New River Campus - Bluffton (54909BS) • College of Charleston, Charleston (54909HS) • Midlands Technical College Beltline, Columbia (54909CS) • Greenville Technical College, Greenville (54909GS) • Horry-Georgetown Technical College, Myrtle Beach (54909MS) Note: Meals not included Fees: CC $190, EB $135, M $160, NM $210 ADVANCED EXCEL (55009) Credits: 8 Area: Specialized Knowledge & Applications Level: Advanced Leader: Mac McClelland Location: Embassy Suites - Columbia Fees: CC $190, EB $225, M $250, NM $300 INTERNAL CONTROLS DESIGN, EVALUATION AND COMMUNICATION FOR SMALLER ENTITIES (55109) Credits: 8 Area: Auditing Level: Intermediate Leader: Jennifer Louis Location: SCACPA - West Columbia Note: Yellow Book Fees: CC $190, EB $210, M $235, NM $285
August 20
OUTLOOK FOR ACCOUNTANTS: GET ORGANIZED TODAY! (55209) Credits: 8 Area: Specialized Knowledge & Applications Level: Intermediate Leader: Mac McClelland Location: Embassy Suites - Columbia Fees: CC $190, EB $225, M $250, NM $300 PRACTICAL GUIDE TO BETTER SUBSTANTIVE TESTING AND AUDITING OF INTERNAL CONTROLS (55309) Credits: 8 Area: Auditing Level: Intermediate Leader: Jennifer Louis Location: SCACPA - West Columbia Note: Yellow Book Fees: CC $190, EB $210, M $235, NM $285
August 21
MICROSOFT ACCESS FOR ACCOUNTANTS (55409) Credits: 8 Area: Specialized Knowledge & Applications Level: Basic Leader: Mac McClelland Location: Embassy Suites - Columbia Fees: CC $190, EB $225, M $250, NM $300
Invest in Your Success.
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September seminar listings September 16
ACCOUNTING & AUDITING UPDATE Credits: 8 Area: A&A Level: Update Leader: Panel Location: • Technical College of the Lowcountry New River Campus - Bluffton (55509BS) • College of Charleston - Charleston (55509HS) • South Carolina Association of CPAs - West Columbia (55509LW) • Greenville Technical College - Greenville (55509GS) • Horry-Georgetown Technical College - Myrtle Beach (55509MS) Note: Meals not included Fees: CC $190, EB $135, M $160, NM $210
September 17
LITIGATION CONFERENCE (418509) Credits: 8 Area: Consulting Level: Intermediate Leader: Various Location: Embassy Suites - Columbia Fees: CC $190, EB $185, M $210, NM $260
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September 22
NC ETHICS (55609AM) Credits: 2 Area: Ethics Level: All Leader: David Burke Location: Hilton - Greenville Note: Meals not Included Fees: CC $NA, EB $57, M $63, NM $75 NC ETHICS (55609PM) Credits: 2 Area: Ethics Level: All Leader: David Burke Location: Hilton - Greenville Note: Meals not Included Fees: CC $NA, EB $57, M $63, NM $75
September 23
ADVANCED CRITICAL TAX ISSUES FOR LIMITED LIABILITY COMPANIES AND PARTNERSHIPS (55709) Credits: 8 Area: Tax Level: Advanced Leader: Ian Redpath Location: Embassy Suites - Greenville Fees: CC $190, EB $210, M $235, NM $285
September 24
HANDBOOK FOR MASTERING BASIS, DISTRIBUTIONS, AND LOSS LIMITATION ISSUES FOR S CORPORATIONS, LLCS, AND PARTNERSHIPS (55809) Credits: 8 Area: Tax Level: Intermediate Leader: Ian Redpath Location: Embassy Suites - Greenville Fees: CC $190, EB $210, M $235, NM $285
September 28
BEST PRACTICES AND CURRENT UPDATE FOR TODAY’S COMPILATIONS AND REVIEW (55909) Credits: 8 Area: Auditing Level: Intermediate Leader: Christa Dunn Location: SCACPA - West Columbia Fees: CC $190, EB $210, M $235, NM $285
Sept. 30 - Oct.1
ARE YOU READY FOR IFRS? MOVING BEYOND THE BASICS (56009A) Credits: 16 Area: Accounting Level: Intermediate Leader: Leah Donti Location: SCACPA - West Columbia Note: Accepted for CMA and CFM credit; $60 AICPA Discount Fees: CC $380, EB $330, M $355, NM $405
SCACPA Professional Issues Update 2009 As a CPA or accounting professional, attending a Professional Issues Update (PIU) is the best way to increase your awareness of the issues that affect your professional success. For the second year, SCACPA members will gather at locations throughout South Carolina to discuss key issues affecting the CPA profession. These Professional Issues Updates (PIUs), offered exclusively to members free of charge, are excellent opportunities to stay informed of important trends in accounting and business, the legislature, regulations, best practices and technology. Held at convenient locations statewide, these sessions deliver a comprehensive overview, provide a total of four hours of CPE and offer members a chance to network with local peers and Association leaders. Profession issues change each year! If you’re a past attendee, you’ll get the latest information on the topics you heard last year, details about recent events and news you need to know.
PROFESSIONAL ISSUES UPDATE (51909) Credits: 2/1/1 Area: Other/Tax/Personal Development Level: Update Leader: Erin Hardwick/Katherine Swartz/Eddie Brown Dates and Locations: AUGUST 25 York Technical College, Rock Hill (51909RH) 28 Coastal Carolina University, Myrtle Beach(51909MB) SEPTEMBER 1 Florence-Darling tonTechnical College, Florence (51909FL) 3 Palmetto Electric, Hilton Head Island (51909HH) 28 USC Upstate Wall College of Business, Spartanburg (51909SP) 29 TBD, Greenville (51909GR) OCTOBER 23 TBD, Charleston (51909CH) 27 Midlands Technical College Airport Campus (51909CO) NOVEMBER 5 Anderson University, Anderson(51909AN)
FREE FOR SCACPA MEMBERS! Non-members may attend for a fee of $99. 9
REGISTRANT INFORMATION
COURSE/SEMINAR/CONFERENCE INFORMATION COURSE CODE
Name (Please Print) SCACPA Member ID
DATE
EVENT FEE
DISCOUNT
SUBTOTAL
$ $
AICPA or Other State Member ID
$ $
Firm/Organization
TOTAL $
DISCOUNTS ARE SUBJECT TO VERIFICATION. Daytime Phone q Cell q Work q Home Evening Phone q Cell q Work q Home
PAYMENT INFORMATION Please Indicate Method of Payment
Fax
q Check (Payable to SCACPA) q Visa q MasterCard q American Express q Discover q Choice Card
Address
Choice Card Coupon Number(s): City/State/Zip
1)
2)
3)
4)
Email Address (Your email address willl not be shared with outside vendors.)
5)
6)
7)
8)
NOTE: A participant list will be provided to registrants attending the events upon request. Please check the following box to opt out of the listing. q
I authorize SCACPA to charge
to my credit card below.
REGISTRATIONS Online: www.scacpa.org • Fax: (803) 791-4196 (credit cards and choice cards only) • Mail: SCACPA, 570 Chris Drive, West Columbia, SC 29169
SPECIAL NEEDS/QUESTIONS Please call April Collins, Education Manager at (803) 791-4181 ext.110 or via email, acollins@scacpa.org.
How did you hear about the event(s) you are registering for? q Postcard q Web site q Brochure q The CPA Report q Word-of-mouth q CPE Catalogue q Current Assets q Email Blast
Credit Card Number Cardholder’s Signature Print Cardholder’s Name Billing Address
CCV# (3-4 Digits)
Expiration Date
Alternative CPE
SATELLITE COURSES Accounting Professional Education Network (ACPEN) produces between eight and twelve, full-day programs that provide eight CPE credit hours (400 minutes) in the form of live, interactive video. These programs are beamed by satellite to up to five satellite downlinks in South Carolina. CPAs gather at these downlink sites, watch the live program and ask questions of panelists by calling in or faxing questions, which are responded to by panelists. If the prices at the pump are breaking your budget, try this CPE method in your local area. The 2009 locations for these seminars are Bluffton, Charleston, Columbia, Greenville and Myrtle Beach. WEBINARS Webinars are growing as a source of CPE credit among our members. It doesn’t get any more convenient than this! Live, group-study webinars are taken right at your home or office computer. And you won’t miss a beat you’ll still benefit from live interaction with an instructor
and through the ability to ask questions during the presentation! ACPEN programs cover all of the most important subjects critical for accounting professionals. Join the thousands of CPAs across the country who have taken advantage of this easy and convenient format! Learn more about this option at www.scacpa.acpen. com/. SMART PROS SCACPA has partnered with Smart Pros to offer The Continuing Professional Education Center. SmartPros Ltd. is a leader in online and offline continuing education for professionals. The Professional Education Center catalog features hundreds of course titles and thousands of hours of accredited CPE. We have several subscriptions to choose from with a compelling collection of courses in accounting and auditing, taxation, management, personal development and more. For more details or to register, visit http://education.smartpros.com/main1/ welcome.asp?qs=scacpa.
ANNOUNCEMENT: The SC Board of Accountancy has implemented a biennial renewal for your CPA license. However, CPAs must still earn a minimum of 40 hours of continuing professional education annually (January 1 through December 31). The aggregate total for the reporting with the renewal will be 80 hours for the two year cycle with 40 hours earned each calendar year. SCACPA is prepared to assist you in meeting this requirement with timely, high quality education offered January – December each year. Visit our Web site to register today www.scacpa.org.
2009 CPE Clusters
MIDLANDS • JULY 21-23 Columbia Conference Center 169 Laurelhurst Ave., Columbia, SC 29210 Room rate of $109 available at Hyatt Place, (803) 407-1560; Hampton Inn at I-26, $79, (803) 791-8940 Hampton Inn, I-26 at Harbison, $92, (803) 749-6999 COASTAL • AUGUST 10-12 Wild Dunes Resort 5757 Palm Blvd, Isle of Palms, SC 29451 1-800-845-8880, www.wilddunes.com Room rate of $220 expires July 19 (Group rate available August 8-14)
2009 Conferences LITIGATION CONFERENCE • SEPTEMBER 17 INDUSTRY CONFERENCE • OCTOBER 12-13 PERSONAL FINANCIAL PLANNING CONFERENCE • OCTOBER 20 GOVERNMENTAL WORKSHOP • OCTOBER 30 TAX CONFERENCE/ANNUAL SUMMIT • NOVEMBER 19-20 TECHNOLOGY CONFERENCE • DECEMBER 1 ACCOUNTING & AUDITING CONFERENCE • DECEMBER 10-11
South Carolina Association of CPAs
570 Chris Drive • West Columbia, SC 29169 (888) 557-4814, Toll free in SC • (803) 791-4181 www.scacpa.org ADDRESS SERVICE REQUESTED
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