October 2013 The Bottom Line by WICPA

THE

Bottom Line October 2013

The continuing professional education magazine for Wisconsin CPAs

Donâ&#x20AC;&#x2122;t give your

all-star employee free agent a reason to become a

Nurture your all-star employees PAGE 3

Examining the American Taxpayer Relief Act of 2012 PAGE 6

Explore accounting solutions PAGE 10

CPE Programs PAGE 20

Do you or your clients have

questions on retirement plan fees, features, or performance

Plan features have changed dramatically over the last few years and fees have come down notably. “Benchmark” your or your client’s plan today and make sure it’s up-to-date and cost effective. Benchmarking review includes: • Plan features (i.e. Roth 401(k), automatic enrollment, advanced plan design, etc.)

• Fee review – are they reasonable compared to similar plans • Investment performance review considering risk & return • Is the right type of plan in place (i.e. SEP, SIMPLE, 401(k), cash balance plan, etc.) • We can also help if you need to start a new retirement plan

There are no costs or obligations for these review services — CALL US TODAY! Kenneth J. Schneider, MBA Managing Director - Investments 20800 Swenson Drive, Suite 200 Waukesha, WI 53186 262-798-3730 • 800-323-1410 kenneth.schneider@wfadvisors.com

James K. Schneider, CFP® Associate V.P. - Investment Officer WICPA member 20800 Swenson Drive, #200 Waukesha, WI 53186 262-798-3759 • 800-323-1410 james.schneider@wfadvisors.com

Wells Fargo Advisors, LLC, Member SIPC, is a registered broker-dealer and a separate non-bank affiliate of Wells Fargo & Company.

Explore accounting solutions, cloud and on premises

Contents Features CPE 3 | Human Resources

Donâ&#x20AC;&#x2122;t give your all-star employee a reason to become a free agent By Stacy Kelly

6 | Tax

Examining the American Taxpayer Relief Act of 2012 By Eric T. Johnson

10 | Technology

Explore accounting solutions, cloud and on premises By Randy Johnston

A publication of the Wisconsin Institute of CPAs

CPE CALENDAR 16 REGISTRATION 19 Register at www.wicpa.org/register BREAKFAST PROGRAMS, TGIF FOR CPAS & BROWN BAG LUNCHES 20

CPE ONLINE 30 SEMINARS 34 CONFERENCES 55 CPE FAQs 56

OCTOBER 2013 | www.wicpa.org

WICPA wins publication awards The WICPA has earned two 2013 APEX Awards for Publication Excellence in the Most Improved Magazines & Journals category for On Balance and in the Meetings & Events Materials category for the 2012 WICPA Tax Conference brochure. The WICPA’s awards were among 971 APEX Awards of Excellence presented in 138 individual categories. The awards are presented annually to writers, editors, publication staffs and business, nonprofit, agency and freelance communicators. Award winners were selected for excellence in graphic design, editorial content and the success of the entry in achieving overall communications effectiveness and excellence.

AWAR D WI NN E R

Join us online!

INSIDE STAFF

The continuing education magazine for Wisconsin CPAs The Bottom Line is published semi-annually by the Wisconsin Institute of Certified Public Accountants (WICPA). Change of address should be sent to: Membership, 235 N. Executive Drive, Suite 200, Brookfield WI 53005; Phone: 262-785-0445 or 800-7726939 (WI/MN); Fax: 262-785-0838; email: jessica@wicpa.org. Statements and opinions expressed are those of the authors and not necessarily those of the WICPA. Publication of an advertisement does not constitute an endorsement of the product or service by The Bottom Line or the WICPA. Articles may be reproduced with permission. © Copyright 2013 The Bottom Line.

Amy Gaeth Vice President Communications Editor, The Bottom Line Ext. 3006 amy@wicpa.org Barb Gamez Vice President Membership & Marketing Ext. 3012 barb@wicpa.org Tammy Hofstede Chief Financial & Operating Officer Ext. 3013 tammy@wicpa.org Ellen Engel Advertising Manager Ext. 3016 ellen@wicpa.org

Mark Gordon CPE Program & Event Administrator, Ext. 3008 mark@wicpa.org Tony Hofstede CPE Marketing & Communications Manager Ext. 3009 tony@wicpa.org Shaun Krueger CPE Program & Event Coordinator Ext. 3024 shaun@wicpa.org Angela Wade Design and Layout Ext. 3027 angela@wicpa.org

The Bottom Line goes digital! The Bottom Line is now online! Access your No. 1 publication for continuing education programs any time or place.

▲▲ ▲▲▲

Download a PDF of the publication. Register for a course immediately by clicking on its description. Print or email the publication. Zoom in to see larger type. Jump to online links.

Belong to something more!

View the current issue and browse the archives at www.wicpa.org/TheBottomLine.

2 The Bottom Line | O c t o b e r 2 0 1 3

w w w. w i c p a . o r g

[human resources] employee retention

Don’t give your

all-star employee free agent a reason to become a By Stacy Kelly

etention of quality employees is critical to the success of an organization. Quality employees

deliver top-notch service to customers, and they are the drivers of bottom line return to the business owners and shareholders. Recruiting and training new employees can be the most costly aspect of running a business. So when the phone rings, and someone like me is on the other end of the line, how do you “recruiter proof” your

shutterstock.com

all-stars? Here are 10 coaching tips to help keep your employees from using me as their new agent!

w w w. w i c p a . o r g

The Bottom Line | O c t o b e r 2 0 1 3

1. Make promises you can keep.

5. Check the market annually.

Whether it’s promising a certain career

Work with human resources or outside

path or that the extreme travel will slow

consultants to ensure that you’re

down, make good on your commitments, or

compensating your employees appropriately

live with the outcome. Don’t sugarcoat the

in the marketplace, as well as equitably

reality of the role or what’s going on in the

internally. People do talk about money.

organization. People know that you can’t predict the future, but if they feel they were misled, you have made my job much easier.

2. Have an open door policy. If your

6. Be flexible. If one of your top performers comes to you with a personal or professional issue, try to accommodate him or her. For example, if your star employee’s parent

employees feel comfortable coming to you

becomes ill and your employee needs a

with small concerns, they are more likely to

reduced schedule for a time, you might

come to you when something major comes

consider the big picture of having that

along. Keep an even keel as a manager and

person on a limited schedule for a few

keep it professional.

months versus losing him or her completely.

3. Have fun. If you find yourself being the “Negative Nelly,” take a step back and realign your attitude. Management sets the tone, and if it’s one of camaraderie and positive

My clients would be happy to provide the flexibility needed for your star employee. Don’t give them a chance.

7. Be willing to let top talent go.

notes, people will want to come to work and

If you have a superstar on your team who

to perform well for you. People desire fun in

really wants to be in a different department,

their professional lives, too.

let him or her explore it and if it makes

4. Offer opportunities to expand employees’ skill sets.

sense for the business, let that person go. It’s better to keep talented employees in your organization helping other managers than

Let’s face it, not every company can promote

your competitor—no matter how good they

everyone nor does everyone want to be

make you look.

a manager. However, most people want to feel challenged and know that they’re

8. Lead by example. Have you ever

contributing to the advancement of a

worked for a manager who told you to

common goal. Offer training, host contests,

do something but never did it himself or

and provide encouragement to those who

herself? Walk a day in your associates’ shoes,

participate. Not in the budget? Respect,

even if you’ve never done their jobs before.

positive feedback, and letting people know

It will give you better context and will show

you value them doesn’t cost a thing, and is

you take your role seriously. If you can’t live

appreciated more than additional money by

up to your own expectations, how can you

many. I love calling people on a day when

expect anyone else to?

their boss just disrespected them.

4 The Bottom Line | O c t o b e r 2 0 1 3

w w w. w i c p a . o r g

9. Admit your mistakes. If you screwed up,

location and environment might need to as well.

or if you set an unrealistic expectation, own up to

Include your staff when deciding what needs

it. Simple, yet rarely done in corporate America.

to change to give your workplace a makeover;

It will have the added benefit of giving your team

they will be much more likely to embrace the

comfort that they can come forward when they

changes.

make mistakes, too.

10. Update the work environment.

The most recruiter-proof candidates work for organizations that abide by these coaching tips.

Keep your workplace current for the talent

Implementing these low-cost, easy-to-adopt ideas can

you’re trying to attract. This might mean you’re

save your organization thousands in recruitment and

in a sharp office in the heart of downtown or

onboarding costs. The market has turned in favor of

a smaller building in the suburbs for a shorter

the all-stars. There’s always room in the budget for top

commute. It might mean reviewing policies (No

talent, so don’t give yours a reason to be a free agent.

Facebook at work? Really?), benefits, and culture along with the nuts and bolts of furnishings and fixtures. Company dynamics change; your

w w w. w i c p a . o r g

Stacy Kelly is a manager/financial recruiter with Baker Tilly Search & Staffing, LLC in Milwaukee. Contact her at Stacy.Kelly@bakertilly.com or 414-777-5347.

The Bottom Line | O c t o b e r 2 0 1 3

[tax] tax planning

shutterstock.com

EXAMINING THE

AMERICAN TAXPAYER RELIEF ACT OF 2012 BY ERIC T. JOHNSON

6 The Bottom Line | O c t o b e r 2 0 1 3

w w w. w i c p a . o r g

HE TAX LAW HAS CHANGED ONCE AGAIN, but this time with greater permanency than the extensions that Congress cobbled together over the past six or seven years. Whatever the substantive merits or demerits of the

legislation, the American Taxpayer Relief Act of 2012 has at least created a stable tax environment. To change the tax law, Congress now would have to pass something affirmatively, and the financial services professionals have witnessed for themselves the difficulty of the current political climate. Planning—at least planning without the

dividends that would otherwise be taxed in the

hedges and contingencies or short-term

39.6 percent bracket. A marriage penalty arises

horizon—is once again possible, and there are

because the place where this bracket begins

a number of issues that must be considered on

for a married filing jointly is only 12.5 percent

behalf of clients. For most taxpayers, the rules

higher than where the bracket for an unmarried

that emerged from the tax laws passed at the

individual begins. That marriage penalty will

beginning of the 21st century have been made

also be felt in the case of personal exemptions

permanent. But for other taxpayers—loosely

and itemized deductions. The cutbacks in

described as wealthy—there are changes,

such items are back in force, but only apply

which they and their advisors must take into

to taxpayers whose AGI exceeds $250,000

account.

($275,000 for heads of household; $300,000 for

While the tax rate structure familiar to accountants over the past 10 years has been retained, new after a 12-year absence is a

married filing jointly; and $150,000 for married filing separately). Trusts and estates in many cases face higher

highest 39.6-percent tax rate applicable to

taxes because their 39.6 percent rate begins at

wealthy taxpayers as so defined. Wealthy

a considerably lower level of taxable income

taxpayers are those with taxable income

($11,950 in 2013). Estates and trusts face a

in excess of $400,000 for single taxpayers,

major hurdle: capital gains are ordinarily not

$425,000 for heads of household, $450,000 for

included in distributable net income and

married taxpayers filing jointly and $225,000

therefore cannot be distributed out to the

for married taxpayers filing separately. Such

beneficiaries. Given the disparity as to where

taxpayers also have a 20 percent maximum tax

the Net Investment Income (NII) tax kicks in

rate on long-term capital gains and qualifying

for individuals (beneficiaries) and fiduciaries,

w w w. w i c p a . o r g

The Bottom Line | O c t o b e r 2 0 1 3

the strategy of spreading investment income

the tax is imposed on $30,000. Planners will be

among multiple taxpayers—many or all of whom

focused on controlling a taxpayer’s AGI and the

have a significant threshold—and away from

timing and character of income. The threshold

the highly vulnerable estate or trust that has a

AGI above which a taxpayer has excess AGI is the

low threshold, is thwarted in most cases. New

same as the limits of earned income discussed

trust instruments (and wills) must be written

above. Because business owners are now likely

differently than in the past in order for the trust

to face increased capital gains tax and net

to avoid higher than necessary taxes on both its

investment income tax, qualified small business

ordinary income and its capital gains. Planners

stock is making the C corporation more attractive

must also inquire into various techniques that

and asset sales more attractive than entity sales,

might enable a reformation of current trusts that

although there is some relief for sales of pass-

will produce lower aggregate taxes of the entity

through entities.

and its beneficiaries. In addition, and new for 2013, are two taxes,

The estate and gift tax reforms enacted in 2010 nominally just for 2011 and 2012 were

the first on excess earned income and the

made permanent but at the cost of raising the

second on net investment income. Earned

highest transfer tax rate to 40 percent. The now

income is defined as excess if it exceeds $200,000

permanent (and indexed) high exclusion amount

(unmarried taxpayer) or $250,000 for all other

(and applicable credit amount) has a significant

taxpayers ($125,000 filing separately). This tax

impact on estate planning going forward.

does not depend on AGI or taxable income so the

Planning for the use of the applicable credit

tactics taken to plan for it will differ from those

amount has been at the heart of testamentary

of the income tax and the tax on net investment

estate planning. If a married couple does not take

income. This latter tax imposes an additional

steps to utilize the first spouse’s applicable credit

tax on as much of the net investment income as

amount, it will be wasted.

does not exceed the taxpayer’s AGI: if taxpayer

As a result, estate planners would tend to

has $40,000 of net investment income but only

advise all of their clients with estates in excess

$10,000 of excess AGI, the tax is imposed on

of $5,250,000 to plan to use the applicable

$10,000, while if taxpayer has $30,000 of net

credit amount. However, this has become

investment income and $50,000 of excess AGI,

more complicated due to the permanence of

8 The Bottom Line | O c t o b e r 2 0 1 3

w w w. w i c p a . o r g

portability election, which can double this basic exclusion amount. Far more important than perhaps the marital deduction is securing the basis step-up at death. With many clients not likely to need to avoid the federal estate tax even with full inclusion, flexibility must be a design feature that will enable inclusion in the estate to further the income tax purpose for appreciated assets while retaining the ability to keep assets out of the estate should they depreciate in value. The above topics and many more are analyzed in detail in Surgent McCoy’s Best Income Tax, Estate Tax, and Financial Planning Ideas of 2013 seminar. Eric T. Johnson has been the head writer for Surgent McCoy since 1985. He has authored or co-authored more than 80 courses in the curriculum. Email him at info@cpenow.com.

CPE

TRACKER Stop tracking CPE on your own: Let us do it for you!

So, get rid of that CPE spreadsheet and stop trying to remember all the CPE you’ve completed. Use the online CPE tracker today!

www.wicpa.org/cpetracker

With the WICPA’s convenient and easy to use online CPE Tracker, you can keep track of all your CPE in one place. All WICPA-sponsored CPE you successfully complete is automatically added to the tracker.

With the WICPA CPE Tracker, you can: Add non-WICPA CPE courses.

w w w. w i c p a . o r g

Modify courses.

Print reports.

The Bottom Line | O c t o b e r 2 0 1 3

[technology] software as a service

EXPLORE

ACCOUNTING SOLUTIONS, CLOUD AND ON PREMISES BY RANDY JOHNSTON

10 The Bottom Line | O c t o b e r 2 0 1 3

w w w. w i c p a . o r g

NO ACCOUNTING SOFTWARE TREND HAS BEEN MORE INTERESTING THAN THE EVOLUTION OF SOFTWARE AS A SERVICE (SaaS) ACCOUNTING THAT BEGAN IN THE LATE 1990s AND HAS ACCELERATED IN THE LAST FEW YEARS. PRODUCTS THAT EFFECTIVELY SOLVE BUSINESS PROBLEMS FROM ENTRY LEVEL TO ENTERPRISE COMPLEXITY HAVE BEEN BUILT BY COMPETENT ENGINEERS WITH VISION.

w w w. w i c p a . o r g

The Bottom Line | O c t o b e r 2 0 1 3

SaaS accounting solutions run entirely in a

the entire prior decade. In the U.S. market, there

Web browser. They eliminate installation of local

are more than 30 SaaS accounting solutions and

software, or thick clients as they are sometimes

about 300 traditional solutions. The products

called, on the desktop. SaaS also allows upgrades

are thoughtfully developed, have specific target

in mass inside a data center. SaaS products

markets, well-defined capabilities, and solve

provide simpler integration with other accounting

specific business problems.

products, whether they are SaaS or desktop based.

Sometimes the products have been developed

Legacy products that run on premises or in hosted

by well-established publishers such as Intuit, Sage

data centers that were developed using older

or SAP, and other products have been developed

technologies have found new life by adding SaaS

by start-ups such as Aplos, Monchilla or Xero. If

and mobile modules. This mixture of desktop and

you believe that products that are SaaS can’t solve

SaaS, or the hybrid approach, seems to solve many

your firm’s business issues, you may wind up being

business issues with minimal disruption. We expect

sadly mistaken. Products that are quite robust

continued innovation in products using the SaaS

such as SAP’s Business ByDesign, NetSuite, Intacct

model because it drives out so much cost on the

or FinancialForce have high-end features similar

development and support side, and also provides

to mid-market products of the past. Entry-level

benefit to the end user.

products such as Accounting Relief, FreshBooks,

THE CHANGE CREATES OPPORTUNITY More new accounting products have been developed in the last three to five years than in

Less Accounting, QuickBooks Online, SageOne, Wave Accounting and Xero have evolved quickly over the last two years to become much more robust than when they were first released. If you

FOR THE LATEST AND GREATEST IN TECHNOLOGY SOLUTIONS, JOIN RANDY’S COLLEAGUES FROM K2 ENTERPRISES AT THE WICPA TECHNOLOGY CONFERENCE ON THURSDAY, DEC. 5 AND FRIDAY, DEC. 6 AT COUNTRY SPRINGS HOTEL & CONFERENCE CENTER IN PEWAUKEE.

12 The Bottom Line | O c t o b e r 2 0 1 3

w w w. w i c p a . o r g

have not looked at a SaaS product within the last

aren’t standing still. They are simplifying and

six months, you can’t be sure of what the product

improving their products’ interfaces.

looks like or what it’s capable of accomplishing. For

Other products are extending their capabilities by

example, QuickBooks Online has just undergone a

offering SaaS enabled modules. For example, CYMA

complete overhaul with a new look, feel and feature

has an extensive human resources system to support

set. Most vendors have updated their product to

their payroll processing that is Web-enabled and

be more mobile or tablet-friendly. The software

“SaaSy.” Sage developed some of the best mobile

publishers are learning about what makes a SaaS

applications we have seen to date that integrate

product easy to use and what makes them more

into their traditional desktop offerings such as Sage

functional and faster. Usability features including

50, Sage 100, Sage 300 and Sage 500 for CRM, order

colors, dashboards and quick lists are all features of

taking and dashboards.

the latest SaaS applications. As an interesting example

THE RESULTS

of focusing on accountant usability, Xero has the capability to generate a financial statement package as part of the base offering. QuickBooks Online has banking matching feature that allows for rapid import of electronic banking transactions as well as classifying and reclassifying transactions in bulk. Even traditional desktop products are now routinely hosted in cloud data centers. Products in this category include QuickBooks, Sage 50 (formerly Peachtree), Sage 100 (formerly MAS 90), Open Systems TRAVERSE, Dynamics GP and many other mid-market products. Beyond simple hosting, these publishers are routinely extending their product offerings by adding a SaaS service such as Sage Payments. A number of these products have been mobilized by synchronizing key data into a website and/or by creating a mobile application. Products may be extended by adding a more sophisticated capability such as Avalara AvaTax for sales tax

This SaaS shift into Web and mobile by most software publishers has provided end-users the capabilities they need without large infrastructure investments. More important, new capabilities can be added for monthly fees in the $5 to $29 range per user. Even high-end, complete SaaS solutions keep costs below $200 per user per month. One caution is in order. SaaS applications may not be as sophisticated or robust as traditional applications. You’ll need to check the capabilities you need against the features of a new application. However, for many users, a system that works reliably, is quick to deploy and implement, and has well-defined interfaces provides a solution that will accomplish most of what is needed for most businesses.

THE OPPORTUNITY SaaS software gives us the opportunity to 1) work

calculation and filing or Concur Small Business for

collaboratively with our clients, 2) replace aging

expense reporting. Also of note, these publishers

systems with minimal upfront capital, 3) acquire new

w w w. w i c p a . o r g

The Bottom Line | O c t o b e r 2 0 1 3

capabilities by simply adding on SaaS applications

SaaS may not be best for every situation.

to solve specific problems, and 4) completely replace

Alternatively, hosting of traditional desktop

aging systems with new systems with sufficient

applications can also enable collaboration. What

capabilities.

are your needs? Can they be met through the new

How do these new capabilities fit into your needs

generation SaaS applications? If you haven’t looked

and your firm? Can you create a new, higher value-

at accounting applications lately, you may be

added service with these tools? Do you have clients

surprised at how much has changed.

that are processing accounting or payroll manually,

Randy Johnston is a shareholder in K2 Enterprises, where he develops and presents continuing professional education programs to accounting, financial, and other business professionals across North America. Contact him at randy@k2e.com.

or with traditional desktop products or with older generation products that should be replaced?

Convenient CPE

Web

WICPA Offers Convenient CPE Anytime, Anywhere www.wicpa.org/CPEonline

You’re busy and we understand that. Online professional education is a convenient alternative to the traditional classroom seminar. That’s why the WICPA offers CPE Online for you to…

Online Learning – the Most Convenient CPE Option for CPAs www.wicpa.org/CPEonline

By partnering with leading providers of online professional education, the WICPA’s CPE Online offers convenient CPE solutions to accommodate whatever your busy schedule will allow.

Quality CPE That’s Convenient for Me www.wicpa.org/CPEonline

Whether you’re in the office, on the road or at home, the WICPA’s CPE Online lets you choose from thousands of webinars and self-study options to get the latest updates and…

CPE Online – Convenient CPE Credit Hours www.wicpa.org/CPEonline

More than 2,000 live, pre-recorded and self-study CPE credit hours are available through CPE Online. You can choose to take these conveniently as one, two, four and eight credit courses.

Visit www.wicpa.org/CPEonline to get started! 14 The Bottom Line | O c t o b e r 2 0 1 3

w w w. w i c p a . o r g

Generational Differences in the Workplace? your multi-generational team when you attend the 2013 WICPA Fall Focus! Today, there are four generations in the workplace, with an increasing number of millennials joining the workforce daily. Generational differences often lead to miscommunication, which can leave your team feeling frustrated. These generational differences require a high level of authentic leadership capability from today’s leaders.

The Generations Drive Leadership 2.0

Eau Claire

Thursday, Sept. 12 noon – 4 p.m.

Madison

Friday, Sept. 20 8 a.m. – noon

Appleton

• Learn about the generational values, characteristics, defining events and demographics of Traditionalists, Baby Boomers, Gen Xers and Millennials. • Engage in discussions to gain insights into generational impacts, perceptions, opportunities and challenges.

Friday, Oct. 11 noon – 4 p.m.

• Find out how you can maximize the performance of the different generations.

Brookfield

• Walk away with leadership strategies to enhance your authentic leadership capability.

Friday, Oct. 25 8 a.m. – noon

Plus, meet new WICPA Board Chair Robert A. Gruber, Ph.D., CPA, CGMA and receive a brief professional issues update from WICPA President and CEO Dennis F. Tomorsky, CPA, J.D., CGMA.

will will be provided at ABreakfast light lunch be provided at afternoon programs and breakfast will be provided at morning programs. morning programs and a light lunch at afternoon programs.

To register, visit www.wicpa.org/fallfocus2013

Event sponsored by: w w w. w i c p a . o r g

Mary Torrez

Stacey Murphy

President, CORE

CEO, CORE

We recognize the opportunity to develop authentic leaders across all industries that innovate and execute, lead and develop, increase self-awareness and leverage emotional intelligence. It’s all about high professional and high potential leaders. We work with leaders and companies who are progressive in their business practices and recognize the value of investing in talent.

[

2013

seminars | calendar ]

OCT

Date

The Bottom Line | O c t o b e r 2 0 1 3

7 8 9 9 9–11 10 11 14 15 16 16–18 18 18 18 23 24 24 24 25 25 25 25 25 28 28 28–29 29 29 30 30 30 31 31 31

Date

NOV

1 1 4 4–5 5 7 7–8 8 11 11 11 11 11 11–12 12

Title

Type

Location

Page

Annual Accounting & Auditing Update TAX Multistate Income Tax (MIT) TAX Multistate Income Tax (MIT2) TAX iPad: A Tool for Accountants (ECBP10) BP AHI Staff Training: Beginning In-Charge (STP3A) AA 2013 Hot Tax Topics (HOT) TAX 2013 Fall Focus: The Generations Drive Leadership 2.0 (WFF1011) FF Governmental Accounting & Auditing (GAU) Gov/NFP Frequent Frauds in Governments (FFGN) Gov/NFP Protecting Your Business From the “Bad Guys” (BBP10) BP AHI Staff Training: Supervisory (STP4A) AA iPad: A Tool for Accountants (NBP10) TGIF Nonprofit Governance Issues (MBP10) TGIF Advanced CFO & Controller Leadership Skills (ACCS) Mgmt Advanced Mergers, Acquisitions & Sales (PSAS) TAX Business Combinations & Consolidation (BCO) AA NEW! Adobe Acrobat Must-Know Features for Beginners (AAFB) IT NEW! Adobe Acrobat Advanced Tips, Tricks & Techniques (AAAT) IT NEW! Handling Government Investigations: What to do if the Government is Investigating Your Client (WSBP10) TGIF NEW! Excel: Everything You Wanted to Know About Using Excel Pivot Tables (EXPT) IT NEW! Managing Your Email, Calendar & Contacts on Your Mobile Device (MMOD) IT 2013 Fall Focus: The Generations Drive Leadership 2.0 (WFF1025) FF The Changing World of Internal Controls (CAAT) AA Tax Advisors Update (PTU) TAX The Best Income Tax, Estate Tax & Financial Planning Ideas of 2013 (IEFP2) TAX AICPA’s 1040 Tax Return Workshop by Sid Kess (IITW) TAX Fiduciary Income Tax Returns: Form 1041 Workshop (1041) TAX NEW! Fringe Benefits: 2013-2014 (FB) TAX Construction Contractors Advanced Issues (CCAI) AA Governmental Accounting & Auditing (GAU2) Gov/NFP NEW! New “Repair Regs” Sec. 263 (NRR) TAX NEW! Advanced Estate Planning Strategies (AEPS) TAX NEW! The Statement of Cash Flows: Preparation Guidance & Presentation Illustrations (FLO4) AA Fair Value Accounting: Guidance for Practitioners & CPAs in Business & Industry (FAI4) AA

Wausau 28 Brookfield 43 Brookfield 44 Brookfield 15 Brookfield 35 Manitowoc 50 Onalaska 51 Brookfield 51 Madison 51 Brookfield 51 Brookfield 35 Onalaska 40 Brookfield 51 Madison 52 Brookfield 35 Brookfield 36

Title

Location

Surgent McCoy’s Audit Workshop: Best Practices in Planning & Designing a High-Quality & Profitable Audit (AWPD) NEW! Internal Controls (INCO) OCBOA Financial Statements: Preparation & Reporting (CTB) NEW! Tax Staff Training: Level 2 Business (TSTB) Internal Control: Essentials for Financial Managers, Accountants & Auditors (ICDAD) Tax Advisors Update (PTU2) Tax Conference (TCB) How to Avoid the Biggest Overtime & Wage Payment Mistakes (NBP11) The Best Individual Income Tax Update Course by Surgent McCoy (BITU) How Good Companies Become Great (GTG) Accounting & Reporting Practices of Not-for-Profit Organizations (FSNPO) Fair Value Accounting (FVA) Financial Leadership (FL) NEW! Tax Staff Training: Level 1 Individual (TSTI) Advanced Partnership/LLC Workshop: How to do Optional Step-Up Basis Under Section 754 & Related Provisions (APLW)

Type

Brookfield 34 Rothschild 50 Brookfield 50 Eau Claire 21 Brookfield 34 Brookfield 50 Appleton 15 Rothschild 40 Brookfield 40 Brookfield 20 Brookfield 34 Green Bay 26 Madison 23 Brookfield 46 Brookfield 50 Brookfield 35 Brookfield 43 Brookfield 43

Page

AA Mgmt AA TAX AA TAX CONF TGIF TAX Mgmt Gov/NFP AA Mgmt TAX

Brookfield 36 Madison 46 Brookfield 36 Brookfield 52 Brookfield 36 Onalaska 52 Milwaukee 55 Appleton 26 Madison 52 Appleton 46 Brookfield 40 Manitowoc 37 Appleton 47 Brookfield 52

TAX

Madison 52

[ www.wicpa.org/register ]

NOV

Title

12 12 12 12 13 13 14 14 14 15 15 15 18 19 19 20 20 20 21 21 21–22 22 22

Detecting Misstatements: Risk Assessment (DEMI) Nonprofit Auditing & Accounting Update (NAU) Only Financial Officer (OFO) Revenue Recognition: Getting the New Standard Right (RRNS2) Wisconsin Department of Revenue Update (LCBP11) Communicate at Ground Level: How to Simplify Your Communication & Get Your Message Heard (BBP11) Latest Developments in Government & Nonprofit Accounting & Auditing (GNAA) Accounting & Reporting for Not-for-Profits: Issues & Answers (ARNP) The Ultimate Employee Handbook: Suggestions for Creating a Valuable Personnel Policy Manual (LE11) Cloud Computing With the New Microsoft Office (MBP11) Latest Developments in Nonprofit Accounting & Auditing (NPAA) Investment Process Basics Including Economic & Portfolio Management Theory Refreshers for the CPA (MT11) Loscalzo’s Disclosure: The Key to Financial Statements (DKFS) NEW! Loscalzo’s Lease Accounting in Transition (LAT) Accounting, Auditing & Financial Management Conference (AAFM) Surgent McCoy’s Federal Tax Camp (SATC) NEW! Contracts in the Real Business World (CRBW) 2013 Annual Review of Valuation Cases & Hot Issues (ARBV) NEW! Ben Wright’s Practical Business Law for 2013 (PBL) Sage 50/Peachtree Accounting Software: Managing Businesses More Effectively (PAS) AICPA’s 1040 Tax Return Workshop by Sid Kess (IITW2) NEW! Ben Wright’s Email, Record Retention, Destruction & Security for 2013 (DRD) NEW! Top Accounting Solutions (TAS)

Date

Title

2 2 2–3 3 4 4 5 5–6 6 6 9 10 10–11 11 11 11 12 12 12 12–13 13 13 13 16 17 18 18 19

The Complete Guide to Preparing Limited Liability Company, Partnership & S Corporation Federal Income Tax Returns (PLPS) Tax Advisors Update (PTU3) NEW! Tax Staff Training: Level 3 Advanced Issues (TSTA) Surgent McCoy’s Handbook for Mastering Basis, Distribution & Loss Limitation Issues for S Corporations, LLCs & Partnerships (HMBI) Debt Related Tax Issues: Foreclosures, Short Sales & Cancellation of Debt (DRTI) Advanced OMB A-133 Issues (AOMB) Studies on Audit Deficiencies (SAYB) Technology Conference (TECH) TBD (MT12) Advanced Auditing of HUD-Assisted Projects (EO-AHUD) Governmental Accounting & Auditing (GAU3) Governmental Accounting & Auditing (GAU4) Accounting & Auditing Workshop (AAUW) Wisconsin Department of Revenue Update (ECBP12) Construction Contractors: Special Tax & Accounting Considerations (CCST) Chief Financial Officer (CFO) Ethics & Sustainability (ES) Lean Accounting (LA) Auditing Defined Contribution Plans (AEMP) 2013 Corporate Income Tax Boot Camp by Sid Kess (CITW) NEW! Wisconsin Department of Revenue Update (WSBP12) Tax-Smart Retirement Strategies (MBP12) Corporate Finance Check-Up (CFC) Sage 50/Peachtree Accounting Software: Managing Businesses More Effectively (PAS2) QuickBooks Advanced Features, Tools & Techniques (ADQ) Individual Income Tax Update (NBP12) The Investment Process: Basics for the CPA (BBP12) Tax Advisors Update (PTU4)

Type

Location

Page

AA Gov/NFP Mgmt AA BP

Brookfield 37 Green Bay 40 Appleton 47 Neenah 37 Onalaska 22

BP Gov/NFP Gov/NFP

Brookfield 20 Madison 41 Brookfield 41

BP TGIF Gov/NFP

Brookfield 20 Madison 23 Brookfield 41

TGIF AA AA CONF TAX Consult Consult Consult IT TAX IT IT

Wauwatosa 24 Brookfield 37 Brookfield 38 Pewaukee 55 Rothschild 53 Brookfield 39 Brookfield 39 Brookfield 39 Brookfield 44 Rothschild 53 Brookfield 44 Brookfield 44

Type

Location

Page

TAX TAX TAX

Brookfield 53 Eau Claire 53 Brookfield 53

TAX TAX Gov/NFP Gov/NFP CONF TGIF Gov/NFP Gov/NFP Gov/NFP AA BP TAX Mgmt Ethics Mgmt AA TAX TGIF TGIF Mgmt IT IT TGIF BP TAX

Brookfield 54 Brookfield 54 Brookfield 41 Brookfield 41 Pewaukee 55 Wauwatosa 24 Brookfield 42 Neenah 42 Brookfield 42 Brookfield 38 Eau Claire 22 Madison 54 Brookfield 47 Brookfield 39 Brookfield 47 Brookfield 38 Rothschild 54 Wausau 28 Madison 23 Brookfield 47 Onalaska 45 Madison 45 Green Bay 26 Brookfield 21 Brookfield 54

17 The Bottom Line | O c t o b e r 2 0 1 3

DEC

Date

[

Date

JAN

3 8 10 10 14 15 15 17 21 28 29

Date 18

2014

seminars | calendar ]

FEB

The Bottom Line | O c t o b e r 2 0 1 3

7 7 12 14 14 19

Date

MAR

7 12 12 14 14 17 18 19

Date

APR

2 3 9 16 18 18 18 21 24 29

Date

MAY

9 14 14 16 16 16 20

Date

JUNE

Title

Type

Location

Individual Income Tax Update (MBP01) Individual Income Tax Update (LCBP01) Hot IT Risks in 2014: Be Aware or Beware! (NBP01) Individual Income Tax Update (MT01A) NEW! Advanced Business Law for CPAs (ABLT) Individual Income Tax Update (ECBP01) No Nonsense Retention (BBP01) Individual Income Tax Update (MT01B) MBA in a Day (MBAD) NEW! The Complete Controller: Five Heroic Skills to Transform the Accounting Team (LCCH) NEW! Do You Suffer From Bureaucracy or Turf Wars? How to Eliminate Them From Your Culture (LDYS)

TGIF BP TGIF TGIF Mgmt BP BP TGIF Mgmt Mgmt

Madison 23 Onalaska 22 Appleton 26 Wauwatosa 25 Green Bay 47 Eau Claire 22 Brookfield 21 Brookfield 25 Brookfield 48 Brookfield 48

Mgmt

Brookfield 48

Title

Type

Location

NEW! Cloud Computing With the New Microsoft Office (WSBP02) Estate Plan Life Insurance (NBP02) Hot IT Risks in 2014: Be Aware or Beware! (ECBP02) TBD (MBP02) Voice of the Employee & Performance Reviews (MT02) The Strategic Case for Emerging Market Equities (BBP02)

TGIF TGIF BP TGIF TGIF BP

Wausau 28 Green Bay 27 Eau Claire 22 Madison 23 Wauwatosa 25 Brookfield 21

Title

Type

Location

Management Fraud: War Stories From the Front (NBP03) The Benefits of Cloud Computing (LCBP03) TBD (BBP03) Investment Process Basics Including Portfolio Management Theory Refresher for the CPA (MBP03) Trust Planning in a Post Estate Tax World (MT03) Only Financial Officer (OFO2) Financial Management Skills (FMS) NEW! Money Talks! Critical Presentation & Communication Skills for the Finance Professional (LMTC)

TGIF BP BP

Appleton 27 Onalaska 22 Brookfield 21

TGIF TGIF Mgmt Mgmt

Madison 23 Wauwatosa 25 Brookfield 48 Brookfield 48

Mgmt

Brookfield 49

Type

Location

Title QuickBooks for Accountants (QBP) NEW! Excel PivotTables for Accountants (EPT) The Benefits of Cloud Computing (ECBP04) Voice of the Customer (BBP04) Handling Government Investigations: What to do if the Government is Investigating Your Client (MBP04) Chaos vs. Order: Designing an Effective Incident Management Program (NBP04) Lost Profits & Common Mistakes (MT04) Chief Financial Officer (CFO2) Annual Update for Controllers (SKSB2) NEW! Relationships Built on Trust or Mistrust? How to Foster Superior Employee Performance (LRBO)

Title

Page

IT IT BP BP

Manitowoc 45 Brookfield 45 Eau Claire 22 Brookfield 21

TGIF TGIF TGIF Mgmt Mgmt

Madison 24 Green Bay 27 Wauwatosa 25 Rothschild 49 Appleton 49

Mgmt

Brookfield 49

Type

Location

Page

Investment Process Basics Including Economic & Portfolio Management Theory Refreshers for the CPA (NBP05) Why Every Business Needs a Buy-Sell Agreement (LCBP05) Handling Government Investigations: What to do if the Government is Investigating Your Client (BBP05) NEW! Retirement Plans: Maximize Benefits Available Through Plan Design (WSBP05) Why Every Business Needs a Buy-Sell Agreement (MBP05) Create a Culture of Employee Engagement (MT05) NEW! They Donâ&#x20AC;&#x2122;t Eat Their Young, do They? How to Work With Difficult People! (LTDE)

TGIF BP

Appleton 27 Onalaska 22

BP TGIF TGIF TGIF Mgmt

Brookfield 21 Wausau 28 Madison 24 Wauwatosa 25 Brookfield 49

Title

Type

Location

Audits of 401(k) Plans (AFKP)

Page

Brookfield 38

[ www.wicpa.org/register ]

Watch your email box for our

two CPE e-newsletters.

Connections MY CPE

Onsite Programs

Alternatives MY CPE

Online Programs

Registration FORM Employer_______________________________________________________________________ Address_________________________________________________________________________

q I prefer a vegetarian meal. q I am an AICPA member. q I have a special need

City|State|Zip____________________________________________________________________ Telephone_______________________________________________________________________

or disability. _______________ __________________________

Email (required for confirmation and electronic materials)______________________________________

Are you: q a WICPA member q a CPA nonmember q working toward a CPA q not a CPA Course Acronym/Date__________________________ q *Green Program Member Fee $_________ Nonmember Fee $________ Course Acronym/Date__________________________ q *Green Program Member Fee $_________ Nonmember Fee $________ Green Event Course Acronym/Date__________________________ q *Green Program Member Fee $_________ Nonmember Fee $________

Sessions (if applicable) _____________________________________________________________________________________________

*Green Programs Only: GreenSession

q will bring a laptop/tablet device q will not bring a laptop/tablet device q prefer a printed manual (additional $20 per green program) Payment method: q Check (payable to WICPA) Total amount enclosed: $_____________ Charge to q MasterCard q Visa Total amount to be charged: $_____________ Name on Card___________________________________________________________________ Billing Address___________________________________________________________________ City|State|Zip____________________________________________________________________ Card #_________________________________________________________________________ Exp. Date __________________________ CVV (3 digits on back of card)____________________ Signature________________________________________ Date___________________________ Mail registrations with payment or credit card information to: WICPA | 235 N. Executive Drive | Suite 200 | Brookfield, WI 53005 Call with credit card information: 262-785-0445 | 800-772-6939 website: www.wicpa.org/register

The Bottom Line | O c t o b e r 2 0 1 3

Name___________________________________________ WICPA ID#____________________

Breakfast Programs & TGIF for CPAs Click on the program title to register now!

Breakfast Programs, TGIF for CPAs & Brown Bag Lunches Want to get out of the office, earn CPE credits and still not lose a full-day of work? The WICPA hosts several one- to four-hour 20

breakfast, TGIF, and brown bag

The Bottom Line | O c t o b e r 2 0 1 3

lunches throughout the state for

Law & Employment Breakfast Programs

Brookfield Breakfast Programs

These quarterly programs feature various human resources, law and employment topics. The programs occur at the WICPA Professional Development Center in Brookfield. Registration and a networking breakfast begin at 7 a.m., followed by the presentation and Q&A from 7:30 – 9 a.m.

These programs feature various topics and occur one Wednesday a month, September through May at the WICPA Professional Development Center in Brookfield. Registration and a networking breakfast begin at 7 a.m., followed by the presentation from 7:30 – 8:30 a.m. CPE credit: 1 hour

be the perfect way to gain credit

PRESENTER: John J. Kalter, J.D., Shareholder, Labor & Employment Law Practice Group, Godfrey & Kahn, S.C.

while continuously staying current

CPE credit: 2 hours

Oct. 16

on upcoming trends and timely

Fee: $35 member/$45 nonmember

issues happening within the

Nov. 14

Protecting Your Business From the “Bad Guys” (BBP10)

profession. Network with fellow

The Ultimate Employee Handbook: Suggestions for Creating a Valuable Personnel Policy Manual (LE11)

CPAs and business professionals. Many of our members find this to

colleagues and choose between a number of different locations, times, credit options and topics that interest you.

An employee handbook can be a valuable tool for an employer in several ways: • Orienting new employees. • Providing consistent guidance about company personnel policies and expectations to new and experienced employees. • Protecting the employer from employee lawsuits. • Serving as a cornerstone in building each employee’s sense of identity with the company. • Selling the business as an excellent place to work. This presentation will explore techniques for drafting employee handbooks, the basic content and organization, mandatory provisions and all-important disclaimers.

Fee: $25 member/$35 nonmember BEST DEAL! Season Pass (BBPSP) $200 member/$250 nonmember

Steve Donovan, Vice President & District Sales Manager, U.S. Bank Kelly King, Fraud Investigator, U.S. Bank Rick Rodriguez, Treasury Management Specialist, U.S. Bank By attending this breakfast program, you’ll learn how to keep your organization safer from fraud. The presenters will cover why and how fraud occurs, touching on workplace and check fraud, while providing examples of various fraud activities. Be the hero in your office by catching when and if the “bad guys” strike! Nov. 13

Communicate at Ground Level: How to Simplify Your Communication & Get Your Message Heard (BBP11) John Rutkiewicz, Managing Director, Living As A Leader Too often, the ways that we communicate interpersonally create the very blocks

to communication that we and others find so frustrating. For example, we may communicate assumptions rather than facts, talk around issues to avoid confronting reality, we may withhold information to maintain our power, or we use language against others to preserve our power. Unfortunately, none of these communication practices do much toward serving our business and personal relationships.

Dec. 18

Feb. 19

The Strategic Case for Emerging Market Equities (BBP02) Kevin M. Reardon, CFP, President and Owner, Shakespeare Wealth Management, Inc. The world is shrinking, and the United States no longer holds the key to all great investment opportunities. Join Kevin Reardon for this informative presentation as he dissects the growing, emerging market economies, explains the opportunities that exist and describes ways to invest in these emerging markets.

The Investment Process: Basics for the CPA (BBP12)

March 12

Todd Voit, Ph.D., Portfolio Manager, Economist, Voit & Hamilton, LLC

April 16

This program provides a foundation for the CPA when establishing a suitable portfolio for a client. Tools to determine a client’s specific circumstances, including their investment objective, anticipated investment horizon and their tolerance for risk will be discussed in detail. Jan. 15

No Nonsense Retention (BBP01) Jeff Kortes, Human Resource Professional, Trainer, & Consultant, Human Asset Management LLC Based on his book, “Employee Retention Fundamentals…No Nonsense Strategies to Retain Your Best People,” Jeff provides a glimpse into what motivates solid performers to consider leaving their employers and what gets them thinking that “the grass is greener: on

TBD (BBP03) Voice of the Customer (BBP04) Michael Nottoli, Partner, Accounting Information Solutions, Ltd. Profitable growth comes from developing highly satisfied customers who promote your product within their circle. In this seminar we’ll show you how a “voice of the customer” program can benefit your organization. You’ll learn the difference between customer satisfaction and customer loyalty, how to drive customer loyalty, how Net Promoter Score tracks customer loyalty and how to incorporate this program into your business. May 14

Handling Government Investigations: What to do if the Government is Investigating Your Client (BBP05) Patrick S. Coffey, Attorney, Whyte Hirschboeck Dudek S.C.

Daniel B. Geraghty, Attorney, Whyte Hirschboeck Dudek S.C. Two experienced attorneys will lead you through the correct way to handle government investigations on your client. Topics will include how to respond to subpoenas Fifth Amendment issues, along with how to deal with revenue agents and respond to information document requests.

Eau Claire & LaCrosse Breakfast Programs

These programs occur one Wednesday a month, feature various topics and alternate between The Plaza Hotel in Eau Claire and Stoney Creek Inn in Onalaska. Registration and a networking breakfast begin at 7:30 a.m., followed by the presentation from 8 – 10 a.m. The January programs are 8 a.m. – Noon and include a Master Tax Guide. CPE credit: 2 hours (January programs 4 hours) Individual program: $40 member/$45 nonmember (January program $99 member/$129 nonmember and includes a Master Tax Guide) Oct. 9 (The Plaza Hotel, Eau Claire)

iPad: A Tool for Accountants (ECBP10)

Cindy Prindle, MCAS, Training & Professional Development Manager, Hawkins Ash CPAs There are so many applications available from the Apple App Store that it’s often difficult to discern which ones work best. You will be guided through an app journey that will explore four different segments of software written for the iPad, including cloud storage options, productivity tools, social networking channels

21 The Bottom Line | O c t o b e r 2 0 1 3

Examine how our mind-sets, emotions and human psychological wiring impact our effectiveness as communicators. Participants are also introduced to simple techniques for creating clearer and more effective communication with the important people in our lives, especially when emotions are running high.

the other side of the fence. The comments will enlighten participants so they can take a critical look at the employee retention profess in their organizations both strategically and tactically.

Breakfast Programs & TGIF for CPAs Click on the program title to register now! and a miscellaneous category of apps that will interest you and increase your productivity using your iPad while on the job. Nov. 13 (Stoney Creek Inn, Onalaska) Dec. 11 (The Plaza Hotel, Eau Claire)

Wisconsin Department of Revenue Update (LCBP11) & (ECBP12) 22 The Bottom Line | O c t o b e r 2 0 1 3

Vicki Gibbons, CPA, Deputy Administrator of the Department of Revenue’s Income, Sales and Excise Tax Division This presentation will include a summary of recent law changes, highlights of administrative and procedural changes affecting tax practitioners, issues arising in individual income, corporation franchise or income and sales and use tax audits, and information in preparation for the upcoming filing season. Jan. 8 (Stoney Creek Inn, Onalaska) Jan. 15 (The Plaza Hotel, Eau Claire)

Individual Income Tax Update (LCBP01) & (ECBP01)

8 a.m. – Noon Fee: $99 member/$129 nonmember Brad McGuire, Senior Manager, Baker Tilly Virchow Krause, LLP (La Crosse) Wayne Schiferl, Tax Partner, Baker Tilly Virchow Krause, LLP (Eau Claire)

Every year the Audit Director Roundtable™ gathers data from its members through discussions, surveys, audit planning documents, and secondary sources to determine trends in emerging risk areas that internal audit departments should focus on over the next six to 12 months. The results are top-of-mind issues for boards, audit committees, and executives, and are also areas in which changing business circumstances have triggered fresh attention. This non-technical and interactive session will provide you with insights on a number of hot IT risks in business today. Attendees will learn how to determine the impact of that risk on his or her firm, be able to articulate common concerns to management, see examples of audit processes to help evaluate controls that may mitigate the risk, and obtain Internet resources for future and more detailed research, awareness, and guidance. March 12 (Stoney Creek Inn, Onalaska) April 9 (The Plaza Hotel, Eau Claire)

The Benefits of Cloud Computing (LCBP03) & (ECBP04)

Cindy Prindle, MCAS, Training & Professional Development Manager, Hawkins Ash CPAs

Whether you’re preparing 80 client returns or just your own, join us for a fast-paced review of legislative changes, practical advice for forms and procedures and tax tips before you head into tax season. Program includes Master Tax Guide.

Join Microsoft Certified Applications Specialist Cindy Prindle, who will help you understand and explore the world of cloud computing. Observe several examples of cloud computing that are available such as Google Docs, You Tube, online storage applications and a variety of other miscellaneous tools.

Feb. 12 (The Plaza Hotel, Eau Claire)

May 14 (Stoney Creek Inn, Onalaska)

Hot IT Risks in 2014: Be Aware or Beware! (ECBP02)

Why Every Business Needs a Buy-Sell Agreement (LCBP05)

Paul Rozek, MPM, Associate Director of Risk Services, Schenck SC

Sverre Roang, Shareholder, Whyte Hirschboeck Dudek S.C.

Every closely held business with more than one owner should have a buy-sell agreement. Whatever the form of the entity, these agreements can handle everything from proper allocation of profits and losses to the day-to-day management of the company to the death of an owner. This session will work through the key components of a buy-sell and why every business should have one in place.

Madison TGIF for CPAs

The January program is 8 a.m. – Noon and includes a Master Tax Guide. CPE credit: 2 hours (January program 4 hours) Individual program: $65 member/$75 nonmember (January program $99 member/$129 nonmember and includes Master Tax Guide) New! $60 Unemployed/working part-time/retired member fee (January program $89 includes Master Tax Guide) BEST DEAL! Season Pass (20 credits) (MBPSP)

Nov. 15

Cloud Computing With the New Microsoft Office (MBP11) Daniel Petersen, Business Management Solution Specialist, Applied Tech Inc. Office 365 is a cloud-based productivity service hosted by Microsoft. It brings together the power of Office with business class email, document sharing, instant messaging and video conferencing to give you “anywhere access” to the things you need to get things done across your devices from PCs to smartphones and tablets. See a demonstration of the product and learn about the financial benefits of cloud computing including: capital versus operating expenses, reduced infrastructure costs and automatic upgrades. Dec. 13

Tax-Smart Retirement Strategies (MBP12)

$554 member/$604 nonmember (includes one free program and Master Tax Guide)

Kevin M. Reardon, CFP, President, Shakespeare Wealth Management, Inc.

New! $449 Unemployed/working part-time/ retired member season pass (includes two free programs and Master Tax Guide).

Baby boomers are living longer, and given the demise of traditional pension plans and a hit to 401(k) balances over the last decade, many boomers are searching for ways to prolong their careers and ease into retirement. Take an in-depth look at the issues facing boomers and potential solutions to the challenges they face. Also review the tax treatment of different investments accounts and investment products in lieu of the income tax code and come up with strategies to minimize taxes and maximize savings.

Oct. 18

Nonprofit Governance Issues (MBP10)

Doug A. Pessefall, Shareholder, Whyte Hirschboeck Dudek S.C. Governance is the key to a successful nonprofit, whether from a mission,

Jan. 3

Individual Income Tax Update (MBP01), (MT01A) & (MT01B), (NBP12)

8 a.m. – Noon Fee: $99 member/$129 nonmember June Norman, CPA, Sole Practitioner, JJ Norman & Co. CPAs Join us for a fast paced and lively session emphasizing practical preparation for the forthcoming tax season. We’ll cover an array of individual tax topics including new and prior legislation affecting the current tax year, planning tips, changes in forms and filing requirements and insights for the small tax practitioner. You’ll leave feeling (a) a little less overwhelmed by all we need to know (b) like you are not alone in your confusion (c) invigorated for the tax season ahead (d) all of the above! The program includes a Master Tax Guide. Feb. 14

TBD (MBP02) March 14

Investment Process Basics Including Portfolio Management Theory Refresher for the CPA (MBP03)

23 The Bottom Line | O c t o b e r 2 0 1 3

These monthly programs feature various topics and occur at the Crowne Plaza Hotel in Madison. Registration and a networking breakfast begin at 7:30 a.m., followed by the presentation from 8 – 10 a.m.

tax, or other perspective. As nonprofit organizations grow in number, size and importance throughout Wisconsin and the nation, the focus of regulators and tax authorities will continue to be on the central role played by governance. This course will highlight current nonprofit governance issues and best practices.

Breakfast Programs & TGIF for CPAs Click on the program title to register now! April 18

Handling Government Investigations: What to do if the Government is Investigating Your Client (MBP04) Patrick S. Coffey, Attorney, Whyte Hirschboeck Dudek S.C. Daniel B. Geraghty, Attorney, Whyte Hirschboeck Dudek S.C. 24 The Bottom Line | O c t o b e r 2 0 1 3

Two experienced attorneys will lead you through the correct way to handle government investigations of your client. Learn how to respond to subpoenas Fifth Amendment issues along with how to deal with revenue agents and respond to information document requests. May 16

Why Every Business Needs a Buy-Sell Agreement (MBP05) Sverre Roang, Shareholder, Whyte Hirschboeck Dudek S.C. Every closely held business with more than one owner should have a buy-sell agreement. Whatever the form of the entity, these agreements can handle everything from proper allocation of profits and losses to the day-to-day management of the company to the death of an owner. This session will work through the key components of a buy-sell and why every business should have one in place.

Milwaukee TGIF for CPAs

These monthly programs feature various topics and occur at the Crowne Plaza Hotel in Wauwatosa. Registration and a networking breakfast begin at 7:30 a.m., followed by the presentation from 8 â&#x20AC;&#x201C; 11 a.m. The two January programs, one at the Crowne Plaza and the other at Brookfield Suites in Brookfield, are from

8 a.m. to Noon and include a Master Tax Guide. CPE credit: 3 hours (January programs 4 hours) Individual program: $70 member/$80 nonmember (January programs $99 member/$129 nonmember and includes Master Tax Guide) New! $65 Unemployed/working part-time/retired member fee (January program $89 includes Master Tax Guide) BEST DEAL! Season Pass (28 credits) (MTSP) $589 member/$639 nonmember (includes one free program and Master Tax Guide) New! $479 Unemployed/working part-time/ retired member season pass (includes two free programs and Master Tax Guide). Nov. 15

Investment Process Basics Including Economic & Portfolio Management Theory Refreshers for the CPA (MT11)

Todd Voit, Ph.D., Portfolio Manager, Economist, Voit & Hamilton, LLC This program provides CPAs with a foundation for establishing a suitable portfolio for a client. Tools to determine a clientâ&#x20AC;&#x2122;s specific circumstances, including their investment objective, anticipated investment horizon and their tolerance for risk will be discussed in detail. In addition, this presentation will provide practical and useful information, including where to get regular, key information to anticipate trends in the economy and how to interpret the data. We will discuss both global and domestic economies, including a basic understanding of the business cycle and the uses and applications of Portfolio Management Theory. Dec. 6

TBD (MT12)

Jan. 10 (Crowne Plaza Hotel, Wauwatosa) Jan. 17 (Brookfield Suites Hotel, Brookfield)

March 14

Individual Income Tax Update

Mark J. Rogers, Partner, Angermeier & Rogers, LLP

(MBP01), (MT01A) & (MT01B), (NBP12)

8 a.m. – Noon Fee: $99 member/$129 nonmember June Norman, CPA, Sole Practitioner, JJ Norman & Co. CPAs

Feb. 14

Voice of the Employee & Performance Reviews (MT02) Michael Nottoli, Partner, Accounting Information Solutions, Ltd. Managers and staff are united in their dislike for the annual performance review process. It’s too hard for often empty results. The paradox is that they can be the most effective tool for communicating and reinforcing participation in an organization’s goals and objectives. We’ll teach you how to make these reviews more effective and even fun! This topic goes hand-in-hand with understanding how strategy and planning can be much more productive when the “voice of the employee” is incorporated. When implemented correctly, these programs improve job satisfaction and retention and have a direct impact on the organization’s ability to execute.

Non-tax uses in trust planning have now moved front and center. Some trust applications can provide effective, but not always obvious, solutions for client concerns involving family wealth transfers. Wisconsin families will now be looking to trust planning to maintain maximum control of their assets, give what they have to whom they want, when they want and how they want, while avoiding the hassles and uncertainties of probate court oversight. Trusts may also provide beneficiaries protection from creditors, lawsuits, the effects of failed marriages, and asset spend down required by government benefit programs. Join us for this engaging and informative presentation. April 18

Lost Profits & Common Mistakes (MT04)

Scott Shaffer, CPA, CFE, Forensic & Valuation Services Wisconsin Practice Leader, Grant Thornton LLP One of the most common methods in recovering financial damages is lost profits. You will study an actual case that went to trial and learn about the legal underpinnings of lost profits, how to compute them and the mistakes to avoid.

• Recent research shows that only 31% of employees are engaged. • More than 66% of managers who are motivated and engaged showed increased levels of productivity. You will grasp this topic of employee engagement, including what it is and why it is important. Take advantage of the opportunity to assess your own individual level of engagement, and explore a high-level look at six ways to foster engagement around you. Plan to leave with a few tips and strategies you can apply immediately.

Northeast TGIF for CPAs

These monthly programs feature various topics and occur September through May, alternating between the Schenck offices located in Appleton and Green Bay. Registration and a networking breakfast will be at 7:30 a.m., followed by the presentation from 8 – 11 a.m. The December program is from 8 a.m. – Noon and is located at the Radisson Hotel in Green Bay. This program includes a Master Tax Guide. CPE credit: 3 hours (December program: 4 hours) Individual program: $60 member/$70 nonmember (December program $99 member/$129 nonmember and includes Master Tax Guide)

May 16

New! $55 Unemployed/working part-time/retired member fee (December program $89 includes Master Tax Guide).

Create a Culture of Employee Engagement (MT05)

BEST DEAL! Season Pass (28 credits) (NBPSP) $519 member/$569 nonmember

Aleta Norris, Partner, Impact Consulting Group, LLC and Living As A Leader

New! $419 Unemployed/working part-time/ retired member season pass (includes two free programs, Master Tax Guide and breakfast!) Must contact WICPA CPE department to receive discount.

Let’s take a look at why engagement matters:

25 The Bottom Line | O c t o b e r 2 0 1 3

Join us for a fast paced and lively session emphasizing practical preparation for the forthcoming tax season. We’ll cover an array of individual tax topics including new and prior legislation affecting the current tax year, planning tips, changes in forms and filing requirements and insights for the small tax practitioner. You’ll leave feeling (a) a little less overwhelmed by all we need to know (b) like you are not alone in your confusion (c) invigorated for the tax season ahead (d) all of the above! The program includes a Master Tax Guide.

Trust Planning in a Post-Estate Tax World (MT03)

• Disengaged employees cost U.S. companies more than $300 billion in productivity losses annually.

Breakfast Programs & TGIF for CPAs Click on the program title to register now! Oct. 18 Schenck SC, 2200 Riverside Drive, Green Bay

iPad: A Tool for Accountants (NBP10) Cindy Prindle, MCAS, Training & Professional Development Manager, Hawkins Ash CPAs

26 The Bottom Line | O c t o b e r 2 0 1 3

There are so many applications available from the Apple App Store that it’s often difficult to discern which ones work best. You will be guided through an app journey that will explore four different segments of software written for the iPad including cloud storage options, productivity tools, social networking channels and a miscellaneous category of apps that will interest you and increase your productivity using your iPad while on the job. Nov. 8 Schenck SC, 200 E. Washington St., Appleton

How to Avoid the Biggest Overtime & Wage Payment Mistakes (NBP11) John Gardner, Labor & Employment Attorney, DeWitt Ross & Stevens S.C. Scott Paler, Labor & Employment Attorney, DeWitt Ross & Stevens S.C. Most legal experts would agree that wage and hour lawsuits present one of the greatest employment law risks to companies today. This seminar will analyze recent trends and provide concrete tips for avoiding the most common wage and hour mistakes. It will answer questions such as what types of positions are often misclassified as exempt from overtime, what types of mistakes do companies frequently make in calculating overtime rates, how can a company get the most bang for its buck in conducting a wage and hour audit, and much more.

Dec. 18 Radisson Hotel, Green Bay

Individual Income Tax Update (NBP12)

Hot IT Risks in 2014: Be Aware or Beware! (NBP01) Paul Rozek, MPM, Associate Director of Risk Services, Schenck SC Every year the Audit Director Roundtable™ gathers data from its members through discussions, surveys, audit planning documents, and secondary sources to determine trends in emerging risk areas that internal audit departments should focus on over the next six to 12 months. The results are top-of-mind issues for boards, audit committees, and executives, and are also areas in which changing business circumstances have triggered fresh attention. This non-technical and interactive session will provide you

with insights on a number of hot IT risks in business today. Attendees will learn how to determine the impact of that risk on his/her firm, be able to articulate common concerns to management, see examples of audit processes to help evaluate controls that may mitigate the risk, and obtain Internet resources for future and more detailed research, awareness, and guidance.

Estate Plan Life Insurance (NBP02) Robert A. Mathers, Shareholder, Davis & Kuelthau, S.C. Glenn Nelson, CLU, ChFC, Financial Advisor, Independence Financial LLC Michael L. Scott, CLU, CFP, Financial Advisor, Independence Financial LLC Estate plan life insurance may die before your client does. The combination of our extended low interest rate environment, volatile stock market, financial downgrades of various insurance companies and declining dividend scales has created the perfect storm for estate planning life insurance policies that may now be on a course for failure. Due to lack of due diligence, the failures are largely going undetected until it is too late to act. Trustees are often unknowingly subject to fiduciary liability regarding the monitoring of trust owned life insurance. Studies have found that more than 70% of trustees do not have a process for reviewing the policies that are in trouble. We will discuss the steps trustees need to take to reduce their liability and how to correct and improve policies that are otherwise on course for failure.

May 9 Schenck SC, 200 E. Washington St., Appleton

Management Fraud: War Stories From the Front (NBP03)

Investment Process Basics Including Economic & Portfolio Management Theory Refreshers for the CPA (NBP05)

Scott Shaffer, CPA, CFE, Forensic & Valuation Services Wisconsin Practice Leader, Grant Thornton LLP The 2012 Association of Certified Fraud Examiners Report to the nation has estimated that the typical organization loses 5 percent of its revenues to fraud each year. Applied to the estimated 2011 Gross World Product, this figure translates to a potential projected global fraud loss of more than $3.5 trillion. Whether it’s asset misappropriation, corruption or fraudulent financial statements, you will hear actual cases that have occurred and learn about the pitfalls to avoid when performing fraud investigations. April 18 Schenck SC, 2200 Riverside Drive, Green Bay

Chaos vs. Order: Designing an Effective Incident Management Program (NBP04) Paul Rozek, MPM, Associate Director of Risk Services, Schenck SC Who really thinks about it until that incident happens to you? When it does, will your management immediately look for someone to blame? This nontechnical session will provide invaluable resources and insights about intrusion detection, incident response, and incident management programs that you can take back and deploy within your companies. Because practice makes perfect, the session will include an interactive roleplaying exercise. You will work in teams, consider the pressure of dealing with an all too common type of IT incident, and gain knowledge from your peers relative to their industry practices.

Todd Voit, Ph.D., Portfolio Manager, Economist, Voit & Hamilton, LLC This program provides CPAs with a foundation for establishing a suitable portfolio for a client. Tools to determine a client’s specific circumstances, including investment objective, anticipated investment horizon and tolerance for risk will be discussed in detail. In addition, this presentation will provide practical and useful information including where to get regular, key information to anticipate trends in the economy and how to interpret the data. We will discuss both global and domestic economies, including a basic understanding of the business cycle and the uses and applications of Portfolio Management Theory.

NEW! Wausau TGIF for CPAs This new breakfast program offers four different Friday morning presentations featuring various topics during the months of October, December, February and May. These programs occur at the Northcentral Technical College Center for Business and Industry (CBI) building in Wausau. Registration and a networking breakfast begin at 7:30 a.m., followed by the presentation from 8 – 10 a.m. CPE credit: 2 hours Individual program: $40 member/$45 nonmember

27 The Bottom Line | O c t o b e r 2 0 1 3

Feb. 7 Schenck SC, 2200 Riverside Drive, Green Bay

March 7 Schenck SC, 200 E. Washington St., Appleton

Breakfast Programs & TGIF for CPAs Click on the program title to register now!

Have you met your 3-year CPE requirements? 28 The Bottom Line | O c t o b e r 2 0 1 3

The current reporting period ends Dec. 31, 2013!

Oct. 25

Feb. 7

Handling Government Investigations: What to do if the Government is Investigating Your Client (WSBP10)

Cloud Computing With the New Microsoft Office (WSBP02)

Patrick S. Coffey, J.D., Attorney, Whyte Hirschboeck Dudek S.C. Daniel B. Geraghty, J.D., Attorney, Whyte Hirschboeck Dudek S.C. Two experienced attorneys will lead you through a presentation on what to expect and how to deal with investigations of your client from various government agencies. Learn how to respond to Subpoenas Fifth Amendment issues along with how to deal with revenue agents, respond to information document requests, and when to hold and when to fold. Dec. 13

Wisconsin Department of Revenue Update (WSBP12) Vicki Gibbons, CPA, Deputy Administrator of the Department of Revenue’s Income, Sales and Excise Tax Division This presentation will include a summary of recent law changes, highlights of administrative and procedural changes affecting tax practitioners, issues arising in individual income, corporation franchise or income and sales and use tax audits, and information in preparation for the upcoming filing season.

For more information about your CPE requirement, visit

www.wicpa.org/CPE.

Daniel Petersen, Director of Business Intelligence, Applied Tech Office 365 is a cloud-based productivity service hosted by Microsoft. It brings together the power of Office with business class email, document sharing, instant messaging and video conferencing to give you “anywhere access” to the things you need to get things done across your devices from PCs to smartphones and tablets. See a demonstration of the product and learn about the financial benefits of cloud computing including: capital vs. operating expenses, reduced infrastructure costs and automatic upgrades. May 16

Retirement Plans: Maximize Benefits Available Through Plan Design (WSBP05)

Thomas M. Krieg, CPA, Employee Benefits Partner, Wipfli LLP This presentation will focus on plan designs commonly utilized to meet owner objectives including maximizing contributions to certain groups, reducing or eliminating the impact of contribution refunds due to failed nondiscrimination testing, benefits/ drawbacks of safe harbor designs, Roth vs. pre-tax contribution options, as well as other features. We will also discuss types of plans, including SIMPLE and SEP-IRAs, and their limited flexibility in achieving owner objectives.

involvement R E S O U R C E Scredibility

education representation Join the WICPA today! Visit www.wicpa.org/join.

The Bottom Line | O c t o b e r 2 0 1 3

Belong to something

CPE Online

Webinars & Self-study Click on vendor to see online programs!

Webinars & Self-study Convenience matters. Time matters. You matter. That’s why we offer thousands of 30

webinars and self-study options

The Bottom Line | O c t o b e r 2 0 1 3

specifically for CPAs and business professionals who have limited time or can’t get away from the office. Online CPE is a great alternative to the traditional CPE seminar because just like seminars, CPE webinars are scheduled events. But unlike seminars, webinars are all from the convenience of your computer.

To learn more about the great options available to you, visit www.wicpa.org/cpeonline.

ACPEN National experts, quality production, easy and reliable Internet delivery! The Accounting Continuing Professional Education Network (ACPEN) is dedicated to bringing highly relevant, interactive, world-class CPE to every CPA in the most convenient and economical ways possible. ACPEN develops CPE content, manages the network, and ensures that the satellite and Internet technology is and stays at the cutting edge, for the benefit of CPAs. ACPEN has a specialized curriculum designed for members in industry and their corporate and business employers. Whether you need technology training, management, finance, leadership, ethics, business fraud or technical training for your specific industry, like banking, farm and ranch, nonprofit or governmental, the ACPEN Industry Institute™ will provide you with an ever-expanding choice of topics designed to keep you and your company ahead of the competitive curve. NEW! The ACPEN Signature Series™ provides CPAs and financial and tax professionals who are looking for the level, complexity and production values that have always been the hallmark of ACPEN courses. There will be nine courses, beginning May 15. Each course will provide excellent CPE to help you succeed and provide a special level of content and production that distinguishes them from other courses. When you register for any course in the ACPEN Signature Series™ you’re guaranteed the following elements: • The courses involve panels of four to as many as 19 presenters. • The presenters include national experts and experienced practitioners who travel to Dallas for production. • The panels often include presenters from regulatory and standard-setting organizations such as the IRS, GASB, FASB and GAO.

• The courses take place at a world-class studio with advanced graphics and production techniques, supervised and coordinated with great care. Make sure to watch for the 2013 ACPEN Signature Series and Banking Update Series!

Bisk CPEasy Online

Value | Convenience | Experience Don’t you wish everything was CPEasy? Bisk CPEasy Online CPE Center allows accounting professionals to conveniently meet mandatory reporting requirements and gain the knowledge needed to excel in the profession. CPEasy eliminates all of the hassles associated with traditional CPE fulfillment by providing quality CPE programs that are easy to access, simple to use and available whenever and wherever you choose. With CPEasy, you can register for your choice of courses and monthly reports, study at home or the office, take quizzes and track your CPE online. Available formats include online, audio, software, video, textbook and webinar. Plus, WICPA members receive a 10% discount!

CalCPA CalCPA Education Foundation (CalCPA) offers a full array of continuing education programs. With CalCPA webcasts you can enjoy the flexibility of participating in CPE wherever you are. Enjoy high-quality video feeds and the ability to communicate directly with the instructor through a question box. Materials are offered in a PDF format and almost all programs have savable, printable and fully annotatable textbooks. CalCPA’s courses cover everything from accounting, auditing, tax, management, ethics, litigation, retirement, and trusts and estates. We are changing and adding new programs every year and with more than 600 webcasts to choose from there’s a course for every interest area and curriculum need.

[ www.wicpa.org/cpeonline ]

Our instructors are experts in their fields and most are also practitioners so they’re not only content experts, but they’re also experts in application. These individuals have a unique understanding of the accounting profession and offer dynamic, informative, and unique programs.

CCH, a Wolters Kluwer Business One solution for all your learning needs. Whether you’re looking to earn CPE credit or advance your staff’s professional development, CCH Learning Center is the best on-demand learning solution for you. CCH® has enlisted the help of some of the best authors in the industry to bring you a wide variety of comprehensive and up-todate courses to help further your staff’s professional development and improve their tax, accounting and auditing, and financial and estate planning skills. CCH has an exclusive offer for WICPA members! With CCH adding new topics and courses regularly, it’s easy to fulfill your CPE needs. More than 160 interactive CPE courses are available online for one low annual fee of only $329 per Learning Center seat, saving you $140 per seat! With the special WICPA – CCH discount price, you can also apply it toward your renewal of the annual CCH Learning Center subscription. Topics available include: • Accounting and auditing. • Sales and use tax, state taxation and tax return preparation. • U.S. international taxation. • Wealth management. • Corporate financing. * Please Note: “Seats” cannot be shared; each user needs his or her own CCH Learning Center subscription.

Save money. Save time. Stay focused. CPA Crossings, LLC provides an extensive catalog of live, two-hour, web-based CPE programs produced and delivered by CPA Crossings, LLC or by one of its approved developers, including Federal Tax Workshops, Executive Education, Gary Zeune and KAF Financial. The 2013 catalog consists of more than 65 topics in the areas of technology, practice management, workflow automation, tax, ethics and accounting/ auditing. Flexible scheduling provides a nice alternative to the traditional full-day educational format. Webinars are designed to focus on specialized topics presented by knowledgeable professionals. The nature of our webinar model allows us to bring you up to speed on rapidly emerging topics in a timely manner. All of our webinars are NASBA approved. Group discounts are available for three or more participants, a perfect option for firm training to maximize savings.

CPA Leadership Promoting Continuous Improvements in CPA Firm Leadership. CPA Leadership Institute is devoted to enhancing leadership and management development in CPA firms. We believe that firms need leadership at all levels, not just at the top; and that everyone can be a leader by taking ownership of his or her job. When that kind of behavior becomes part of your firm culture, success is assured. We are dedicated to seeing leadership become pervasive in your CPA firm. Our repertoire of tools and reports for helping CPAs develop leadership and management skills and fulfill their potential is described on this website. Our new Knowledge Center, which includes best practices suggestions, Leadership Forum report, and

succession advisory section, is accessible at no charge for standard members. Learn about free Standard membership with CPA Leadership. CPA Leadership Institute also offers CPE webinars on leadership, management, personal development, and niche development. In addition, we publish the CPA Leadership Report, a monthly online review of the best management and leadership articles in the accounting press, with links to the complete articles for your convenience. We maintain an archive of CPA Leadership Report articles published since 2005, so you can easily find ideas and information that are relevant to you and your firm.

CPEThink You’re busy, we understand. Get CPE credits anytime, anywhere, with a browser and Internet connection. And there’s a 100% money back guarantee. CPEThink provides industry-leading online interactive self-study CPE and professional development courses and exams for CPAs, licensed professionals, general practitioners and individuals interested in staying current in their profession. Now offering FREE CPE with no obligation and no commitment — just FREE CPE! Check out the CPEThink Facebook page for more information and a monthly discount code.

K2 Enterprises K2 Enterprises is proud to offer a broad curriculum of technology-focused CPE webinars to the members of the Wisconsin Institute of CPAs. Now you can have webinar access to many of the courses that have made K2 Enterprises a leader in providing CPE to professionals throughout North America. When you take a K2 Enterprises webinar, you will have the opportunity to learn from an award-winning team of instructors with literally hundreds of years of experience in helping

31 The Bottom Line | O c t o b e r 2 0 1 3

In addition to live programs, recorded webcasts are offered as either self-study (qualifies for CPE credit once final exam is passed) or reference only (no CPE credit awarded). Search our online self-study products to find the course that meets your needs.

CPA Crossings

CPE Online

Webinars & Self-study Click on vendor to see online programs! professionals identify, address, and solve issues through the practical application of technology. K2 Enterprises offers webinars on a variety of topics, including Excel, QuickBooks, PDFs, accounting solutions, and Microsoft Office.

32 The Bottom Line | O c t o b e r 2 0 1 3

As a NASBA approved sponsor of webinar learning, you are assured that of a high-quality event, that is both convenient and affordable. We look forward to help you meet your learning objectives. Improve your efficiency and productivity by participating in a webinar produced by K2 Enterprises!

NEW! Reinhart Boerner Van Deuren s.c. The WICPA has partnered with Reinhart Boerner Van Deuren s.c. to bring you a new series of webinars, “Hot Tax Planning Issues.” This fivepart series will discuss hot and critical issues, including passive vs. active income, Revenue Ruling 99-5 and 99-6, equity-based compensation alternatives, tax savings for exporters with IC-DISCs and the renewable energy credit. •

Sept. 12: Passive vs. Active Income…Why it Matters (PVAI)

•

Oct. 3: Rev. Rul. 99-5 & 99-6: Tax Traps, Opportunities & Open Issues (RR99)

•

Oct. 24: Mergers & Acquisitions: Equity-Based Compensation Alternatives (MAEBCA)

•

Nov. 14: Tax Savings for Exporters With IC-DISCs (TSIFE)

•

Dec. 5: The Renewable Energy Credit (TREC)

Visit www.wicpa.org/registration to find out more and register! $39 members/$49 nonmembers

To learn more about the great options available to you, visit www.wicpa.org/cpeonline.

SmartPros Ltd. SmartPros Ltd. is a leader in online and offline continuing education for professionals. SmartPros offers a variety of subscriptions with a compelling collection of courses and subscriptions in accounting and auditing, taxation, management, personal development and more, with savings up to $120 on a subscription for WICPA members. • This Week in Accounting/Taxation: These two series present different one-hour topics every week, keeping you current on hot accounting and taxation topics. Use the promo code “WICPA” to receive $50 off of these webinar subscriptions! • SP Advantage: This skills-based subscription features hundreds of multimedia and text-based courses for accounting and finance practitioners. New courses are added regularly, and subscribers have access to a broad library of courses. • FMN Online: As the leading financial update CPE subscription program in the industry, FMN is utilized by more than half of Fortune 500 companies and other leading organizations. FMN produces four new courses per month, and subscribers have access to a complete archive of courses. • CPA Report Online (CPAR): An annual online CPE subscription program designed for accountants in public practice, CPAR delivers today’s hottest topics and experts directly to your desktop. Each month, six new programs are added, covering current topics in public accounting. Online courses feature streaming video, easy-to-follow course outlines, online transcripts and quizzes.

• Government/Not-for-Profit CPA Report: Designed specifically for practitioners in the fields of governmental and not-for-profit accounting. Each quarter, four new courses are added and subscribers have access to a full archive of courses.

Surgent McCoy Whatever your educational needs, Surgent McCoy has the quality and expertise to fulfill them. Surgent McCoy is one of the nation’s leading providers of CPE for CPAs. Surgent provides hundreds of webinars each year and offers a large selection of self-study products in textbook, CD-ROM, DVD and downloadable formats. With Surgent McCoy live webinars, you meet your CPE needs from the comfort of your office or home. Each webinar features leading experts from Surgent McCoy speaking on the hottest topics in accounting, auditing, government/nonprofit, technology, and tax, and answering your critical questions. Courses are not only geared toward CPAs in public accounting; in fact, many courses are structured for financial professionals in the corporate world as well. You can also expand your professional career by enrolling in one of Surgent McCoy’s certified specialist in estate planning (CSEP) or certified specialist in retirement planning (CSRP) programs. Choose our unlimited webinar package ($750) for access to hundreds of twoto eight-hour courses throughout the year, or pick from smaller packages (16-credit: $370, 8-credit: $250) or single webinars ($79-$195). Each program qualifies through NASBA for live (group Internet-based) CPE credit. No exams needed!

Ready for your next move? Career advancement made easy WICPA Career Center is the ideal place to be seen by employers who are specifically looking for accounting professionals. Whether or not you are actively looking for new employment, it makes sense to post your resume on the WICPA Career Center. You never know what opportunities may be out there looking for you. Also, checking the job listings is a great way to see what is hot and what is not in the job market, and whether your particular skills are among those most in demand.

Post your resume for FREE!

wicpa.org/ CareerCenter

The WICPA Career Center offers: Free online job search: All job-seeker functions are available at no charge. Confidential resume posting: Make your resume available to employers, and release your contact information only when you are ready. Job search agent: Create a password-protected account and receive automatic email notification of new jobs that match your search criteria. Saved jobs capability: Save up to 100 jobs to a folder in your account so you come back to apply when you are ready.

WICPA Career Center makes finding the perfect job easy.

Post your resume today!

WICPA Career C

An easier way to find a job. A better way to fill a position. To find a job or fill a position, visit wicpa.org/CareerCenter today.

[

seminars | program descriptions ]

Accounting & Auditing

Click on the program title to register now!

Annual Accounting & Auditing Update (ACAU)

GoneGreen!

34 The Bottom Line | O c t o b e r 2 0 1 3

NEW! The WICPA has gone completely green for all seminars and conferences! Materials will be emailed to registrants in PDF format. The email will contain a link to download the materials. Emailed materials will be sent approximately seven days prior to each course. It is your responsibility to maintain a current email address with the WICPA. If you don’t have an email address or don’t wish to provide one, you have the option to purchase a hard copy of the materials at least one week prior to the event date for an additional $20 fee. Purchased printed copies of the course materials will be available on the day of the program at the registration table. Walk-in registrants and those registering between one and seven days prior to the presentation date will be sent an electronic link. Extra printed copies of the course materials aren’t guaranteed to be available onsite. In addition, Internet access isn’t guaranteed to be available onsite, so please download your materials prior to the presentation. Power strips and additional power sources for laptops, iPads and other tablet devices will be available at all locations.

Oct. 7 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh Designed for accounting and auditing practitioners at all levels in both public accounting and business and industry, this course provides a comprehensive review of the new and recent pronouncements issued by the FASB, ASB and ARSC. However, not only will this course bring you up-to-date on the requirements, it also provides you with many examples and hands-on exercises to help you apply the guidance in practice. You’ll learn about the latest standards, exposure drafts, and guidance focusing on issues applicable to accountants and auditors in public accounting and private industry. This course also includes a compilation and review update and current audit risk alert overview. Fee: $389 member/$439 nonmember $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

AHI Staff Training: Beginning In-Charge (STP3A) Oct. 9–11 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Steven D. Masur, CPA, Partner, Warady & Davis LLP Go one step further in your career and assume higher levels of responsibility! This program provides extensive training in crucial

procedural, evaluative and supervisory areas. It will help you improve planning, review, audit and other engagement skills as well as offer techniques for effective communication with clients and colleagues. Your ability to assess risk and materiality and make nonstatistical sampling decisions will greatly improve with this all-inclusive course. Fee: $739 member/$789 nonmember Level of knowledge: Intermediate CPE credit: 24 hours Developed by: AHI Associates

AHI Staff Training: Supervisory (STP4A)

Oct. 16–18 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Steve Garrett, Principal, Garrett Consulting Because there’s always room for improvement, this program is designed for supervisors who want to build management skills. You can go from a skilled technician to a well-rounded business manager by cultivating communication skills, improving supervisory abilities, utilizing and appraising staff and becoming more accomplished at maintaining client relationships. Topics include motivation, engagement planning, staff supervision, business consulting services, time management, billing and collection. Learn how to effectively and efficiently manage engagement responsibilities, discover ways to help grow your firm and find out what’s expected of you as a supervisor. Fee: $739 member/$789 nonmember Level of knowledge: Advanced CPE credit: 24 hours Developed by: AHI Associates

[

Business Combinations & Consolidation (BCO) Oct. 24 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Bruce Shepard, CPA, Prior CFO, Las Vegas Gaming, Inc.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

The Changing World of Internal Controls (CAAT) Oct. 25 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Bruce Shepard, CPA, Prior CFO, Las Vegas Gaming, Inc. It’s important to understand the major role of IT controls in the

financial reporting and management information process. You will learn to identify IT control frameworks for traditional, current and emerging IT systems such as cloud and mobile computing, and the controls that should enhance the reliability of financial and managerial reporting in these systems. Major IT controls for smaller, less complex entities will also be explored. In addition, preventive and detective controls, e-commerce, top IT technologies, and examples of control deficiencies will be addressed.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Tom Snell, CPA, Sole Practitioner

Construction Contractors Advanced Issues (CCAI) Oct. 30 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Curtis Quickel, CPA, Sole Practitioner The construction industry comes with many advanced accounting standards, audit procedures, and tax issues, which makes construction contractor engagements inherently higher risk than similar engagements. As a result, practitioners and financial professionals should be prepared to address difficult issues such as look-back calculations, measuring progress of contracts, overhead allocations, and internal controls for construction contractors. Learn about some of the most pervasive issues in the construction industry and how to identify and manage the risks inherent with construction contractor engagements.

NEW! The Statement of Cash Flows: Preparation Guidance & Presentation Illustrations (FLO4)

Oct. 31 | Registration 8 a.m. Program 8:30 a.m. – Noon WICPA Professional Development Center, Brookfield From its humble beginnings way back in 1963 when the Accounting Principles Board encouraged the presentation of a funds statement, the Statement of Cash Flows has made its way to a required, critical, and often considered the most important financial statement in an entity’s financial reporting package. This course will provide you with an overall review of the authoritative literature used for preparing a statement of cash flows, FASB Accounting Standards Codification 230, and implementation guidance and real world presentation examples from published financial statements. Hands-on exercises will be used to apply the requirements and guidance which can be challenging especially in those situations when non-operating changes in assets and liabilities are involved. Disclosure requirements will also be reviewed and illustrated across a number of accounting standards. Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 4 hours Developed by: Surgent McCoy CPE, LLC

35 The Bottom Line | O c t o b e r 2 0 1 3

The accounting for business combinations has changed substantially with the issuance of the recent Business Combinations guidance. CPAs working in this area need to fully grasp the effects of this guidance. This course goes beyond the “what” by using various case studies to show you “how” to implement this guidance. Learn how to apply the significant provisions of the Business Combinations guidance and tackle specific issues such as acquisition negotiations and the expanded required disclosures. You will also identify the additional internal controls and skills needed to meet the required use of fair values and various measurement and remeasurement periods. Also, explore the impact on the content, timing and method of communications to stakeholders impacted by the implementation of the Business Combinations guidance.

seminars | www.wicpa.org/register ]

[

seminars | program descriptions ]

Accounting & Auditing Fair Value Accounting: Guidance for Practitioners & CPAs in Business & Industry (FAI4)

Oct. 31 | Registration Noon Program 12:30 p.m. – 4 p.m. WICPA Professional Development Center, Brookfield Tom Snell, CPA, Sole Practitioner

36 The Bottom Line | O c t o b e r 2 0 1 3

Fair value accounting continues to be one of the most complex and difficult areas of accounting to implement. The FASB also continues to clarify how its guidance should be applied as evidenced by the pronouncements issued over the years dealing with fair value application. This course provides a conceptual and practical review of fair value accounting in the context of FASB ASC 820, Fair Value Measurement, and its application to other U.S. accounting standards. The course shows you how to apply the process of measuring the fair value of specific assets and liabilities and includes practical examples and a case study. Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 4 hours Developed by: Surgent McCoy CPE, LLC

Surgent McCoy’s Audit Workshop: Best Practices in Planning & Designing a High-Quality & Profitable Audit (AWPD)

Nov. 1 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Tom Snell, CPA, Sole Practitioner Correct application of the recently enhanced generally accepted auditing standards should result in more effective (and, surprisingly, in some cases more efficient) audits. When designing your audit plan, how and where you decide to spend your time

Click on the program title to register now!

is largely a matter of professional judgment. With an increased focus on minimizing the risk that auditors will fail to detect material misstatement due to either fraud or error in financial statements, it’s more important than ever that accountants challenge what they’re doing on audits and why. Critically rethinking how you plan and design your audit not only ensures that you are doing an effective audit, but often has the added benefit of discovering ways to improve efficiency! The proven tips and techniques taught in this course will enhance quality and help you manage profitability on all of your audit clients, covering topics relevant to for-profit business enterprises, nonprofits and local governments. Fee: $389 member/$439 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

OCBOA Financial Statements: Preparation & Reporting (CTB) Nov. 4 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield James Brown, CPA, CGFM, Partner, National Office, BKD, LLP This course provides the practical information you need to prepare and report on financial statements properly and efficiently presented in accordance with Other Comprehensive Bases Of Accounting (OCBOA). This course explains which bases of accounting are acceptable, which financial statements should be presented, and which disclosures are required. This course also provides guidance and examples of audit, compilation and review reports and procedures when financial statements are presented in accordance with OCBOA.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 8 hours Developed by: AICPA

Internal Control: Essentials for Financial Managers, Accountants & Auditors (ICDAD) Nov. 5 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield James Brown, CPA, CGFM, Partner, National Office, BKD, LLP Managers, supervisors and accountants in business, government or nonprofits are unable to identify their departmental policies and procedures that function as the primary controls against errors and fraud. Additionally, auditors performing field work may be confused about how to interpret and evaluate management’s documentation of accounting processes and controls. Neither party may truly understand how their duties differ. This course gives you a solid understanding of systems and control documentation. After an overview of the latest COSO guidance on the components and principles of effective internal control, you’re introduced to basic tools used to document an effective accounting process. Identify the risks of errors and fraud in the accounting system, the key controls and weaknesses of compensating controls. Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 8 hours Developed by: AICPA

[

Fair Value Accounting (FVA) Nov. 11 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Holiday Inn, Manitowoc Chris Rouse, CPA, Principal, Windham Brannon, P.C.

Fee: $399 member/$449 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Oct. 11 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Detecting Misstatements: Risk Assessment (DEMI) Nov. 12 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Chris Rouse, CPA, Principal, Windham Brannon, P.C. Taking an integrated audit approach to misstatements, including material misstatements arising from fraud or errors, is essential to improving overall audit quality and effectiveness. Too often, auditors

fail to read the caution signals that require a unique response to the risk of material misstatement arising from fraud or unintentional error. The most likely consequence of ignoring the signals is audit failure. Learn how to integrate your audit approach for assessing the risks of material misstatements arising from unintentional errors with those arising from fraud. This course helps you to explain and determine risk assessment standards for specific situations, conduct more effective brainstorming sessions, recognize high risk caution signals, and develop an overall approach for assessing and responding to risks. Fee: $389 member/$439 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Oct. 12 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

NEW! Revenue Recognition: Getting the New Standard Right (RRNS2) Nov. 12 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Best Western, Neenah Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh Despite the robustness of revenue recognition procedures performed in every financial statement audit, revenue recognition has been the cause of audit failures and a means of hiding corporate abuse and fraud for many years. The new standard on revenue recognition, currently expected to be issued by the second quarter of 2013, is expected to create a single standard for all industries and converge the standards of U.S. GAAP and IFRS. This standard has the potential to affect every entity’s day-to-day accounting as well as business

contracting processes. While the revenue recognition standard is expected to be effective for annual periods beginning on or after Jan. 1, 2017, the process of gaining an understanding of the changes and preparing for them begins now! This course will provide the necessary tools to understand what has changed and how to work with the new concepts and principles of revenue recognition. In addition, through practical examples allowing you to contrast the effects of alternative contract terms, this course will assist you in identifying implementation hurdles and avoiding revenue recognition traps. Fee: $399 member/$449 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Oct. 12 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Loscalzo’s Disclosure: The Key to Financial Statements (DKFS) Nov. 18 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Mark Mishler, CPA, CMA, Senior Vice President, Breeze–Eastern Keep your professional reputation stellar by making sure your financial statements are up-to-speed. This course will explain and illustrate disclosure requirements, clear up misconceptions on practice problems such as fair value and correct disclosure deficiencies most frequently cited by peer reviewers. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Oct. 18 $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 8 hours Developed by: Loscalzo Associates, Ltd.

37 The Bottom Line | O c t o b e r 2 0 1 3

Fair value accounting has reshaped traditional financial statements. Gain insights into the conceptual and practical reasons for using fair value as the measurement attribute for existing accounting standards. Learn about the issues that arise when fair value measurement is implemented under existing FASB standards and see examples of these issues. In addition, see presentations of the measurement and estimation challenges that confront preparers and auditors in making, and attesting to, fair value measurements. This course enables you to explain key terms in fair value guidance, identify and apply key aspects of the fair value option, and determine when FASB guidance and interpretations require measurement of assets or liabilities at fair value.

seminars | www.wicpa.org/register ]

[

seminars | program descriptions]

Accounting & Auditing Click on the program title to register now!

NEW! Loscalzo’s Lease Accounting in Transition (LAT) Nov. 19 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Mark Mishler, CPA, CMA, Senior Vice President, Breeze–Eastern

38 The Bottom Line | O c t o b e r 2 0 1 3

New FASB standards will profoundly change the way that lessors and lessees account for leases under U.S. GAAP. While current lease accounting and reporting standards remain in effect, CPAs and other accounting professionals will need to completely re-learn the fundamentals of accounting for leases, including recognition, measurement,presentation and disclosure. Through a combination of presentations, before and after examples, hands-on exercises, and discussions, this program will improve your understanding of ASC Topic 840 both now and in the future as it undergoes significant change. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Oct. 19 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Loscalzo Associates, Ltd.

Accounting & Auditing Workshop (AAUW) Dec. 10-11 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh Are your accounting and auditing skills up to date and on par with industry standards? Make sure with this comprehensive, two-day course that updates you on all of the new accounting, auditing, compilation and review, and other professional

standards. Presentation materials include practical applications of the pronouncements covered and a comprehensive compilation and review update. Fee: $499 member/$549 nonmember $40 early bird discount if registered and paid by Nov. 10 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 16 hours Developed by: AICPA

Auditing Defined Contribution Plans (AEMP) Dec. 12 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh Designed to go beyond the basics in preparing work papers and financial statements for employee benefit plans through the use of group discussions and current case studies, this course provides an opportunity to explore the more advanced issues of financial statement reporting for employee benefit plans, such as communication and coordination difficulties between the plan sponsor, the auditor and various service organizations. Fee: $389 member/$439 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Nov. 12 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh This course focuses on the special issues related to accounting, auditing and reporting on 401(k) employee benefit plans. The requirements of ERISA and SEC are explored as the materials demonstrate ways to plan and conduct an efficient and effective audit of 401(k) plans. This course provides participants with the requirements for 401(k) plan audits as distinguished from audits of other types of employee benefit plans. Fee: $389 member/$439 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by May 26 $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 8 hours Developed by: AICPA

Have you met your 3-year CPE requirements? The current reporting period ends Dec. 31, 2013!

Audits of 401(k) Plans (AFKP)

June 26, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield

For more information about your CPE requirement, visit

www.wicpa.org/CPE.

[

seminars | www.wicpa.org/register]

Consulting Services | Ethics NEW! Contracts in the Real Business World (CRBW) Nov. 20 | Registration 8 a.m. Program 8:30 a.m. – Noon WICPA Professional Development Center, Brookfield Dennis J. Gerschick, CFA, CPA, PFS, J.D., CEO, Regal Seminars

In business, oral and written contracts are used repeatedly. Many people in business want to know more about their rights and obligations under such contracts. This course will address many issues that arise with contracts. The instructor will provide numerous tips to improve a company’s contractual position and will note various pitfalls to avoid.

Purchased printed copies of the course materials will be available on the day of the program at the registration table. Walk-in registrants and those registering between one and seven days prior to the presentation date will be sent an electronic link. Extra printed copies of the course materials aren’t guaranteed to be available onsite. In addition, Internet access isn’t guaranteed to be available onsite, so please download your materials prior to the presentation. Power strips and additional power sources for laptops, iPads and other tablet devices will be available at all locations.

Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 4 hours Developed by: Regal Seminars

2013 Annual Review of Valuation Cases & Hot Issues (ARBV)

Nov. 20 | Registration Noon Program 12:30 – 4 p.m. WICPA Professional Development Center, Brookfield Dennis J. Gerschick, CFA, CPA, PFS, J.D., CEO, Regal Seminars An excellent way to learn about valuing a closely held business or other asset is to read the written court decisions in valuation disputes. In their opinions, judges often note what the valuation expert did and the flaws in their

Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Update CPE credit: 4 hours Developed by: Regal Seminars This program is approved for 4 CLE hours.

NEW! Ben Wright’s Practical Business Law for 2013 (PBL) Nov. 21 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Benjamin Wright, Attorney, SANS Institute, Private Law Practice A CPA routinely encounters legal questions applicable to either the client or the firm. This course is chock full of tips, best practices and recent developments from a seasoned lawyer. In this seminar you will learn new developments in status of CPA firms being sued by professional staff, business law traps, the terms you want in negotiations and business relationships and much more. Discover the latest changes that technology, modern risks and new laws are forcing on CPAs by attending this seminar! Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Oct. 21 Level of knowledge: Advanced CPE credit: 8 hours Developed by: Gary Zeune & Associates

John Levy, MBA, CPA, CEO, Board Advisory

natural resources, building trust in your organization as a community member and becoming a great employer, vendor and customer. This seminar explores the specific steps the accounting/finance department can take to lead the way in creating a sustainable 21st century organization.

Sustainability is more than recycling or avoiding Styrofoam cups. Sustainability in the 21st century is about creating a long-term strategy for increased shareholder value, respect for our

Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 4 hours Developed by: Executive Education, Inc.

Ethics & Sustainability (ES) Dec. 12 | Registration 8 a.m. Program 8:30 a.m. – Noon WICPA Professional Development Center, Brookfield

39 The Bottom Line | O c t o b e r 2 0 1 3

GoneGreen!

analysis. The written judicial opinions, in effect, provide a roadmap for valuation experts. The instructor will discuss numerous valuation cases.

[

seminars | program descriptions ]

Government/Not-for-Profit Click on the program title to register now! Governmental Accounting & Auditing (GAU)

GoneGreen!

40 The Bottom Line | O c t o b e r 2 0 1 3

Oct. 14 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Grand Lodge, Rothschild

Governmental Accounting & Auditing (GAU2) Oct. 30 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Stoney Creek Inn, Onalaska Sheldon Langsam, Ph.D., CPA, Professor, Western Michigan University Are you current with the latest governmental accounting and auditing developments? It’s easy to fall behind with all of your work projects, but this fast-paced interactive course will analyze the recent GASB requirements toward governments and provide an understanding of A-133 and Yellow Book requirements. This course provides you with the latest developments in governmental accounting and auditing to make you more efficient in your engagements. Fee: $399 member/$449 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Frequent Frauds in Governments (FFGN) Oct. 15 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Sheldon Langsam, Ph.D., CPA, Professor, Western Michigan University Discover some of the common frauds found in governments and how they could have been avoided. Through a case study approach, this course analyzes several common frauds that occur in the governmental sector. This course provides you with the knowledge to recognize common frauds in the governmental sector while improving your skills in preventing fraud.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Accounting & Reporting Practices of Not-for-Profit Organizations (FSNPO) Nov. 11 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield James Brown, CPA, CGFM, Partner, National Office, BKD, LLP Not-for-profit accounting can be complex, making the need for superior knowledge and skills key to being successful. By taking this course, you will develop a working knowledge of presentation requirements and choices allowed under GAAP and learn about note disclosures unique to nonprofits. This course provides the tools necessary for you to enhance your not-for-profit accounting skills and create a value-added service for your clients. Fee: $389 member/$439 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Oct. 11 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Nonprofit Auditing & Accounting Update (NAU) Nov. 12 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Radisson Inn, Green Bay James Brown, CPA, CGFM, Partner, National Office, BKD, LLP This course details the latest developments affecting not-for-profits such as requirements of FASB directed toward the organizations and information on the latest developments of A-133 and OMB.

[

This course will enable you to be current and more efficient in your engagements. Fee: $399 member/$449 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Oct. 12 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Nov. 14 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Crowne Plaza, Madison Jill Gilbert, CPA, Partner, Trout, Ebersole & Groff, LLP With five active standard setters (GAO, OMB, AICPA, GASB and FASB), there are always important developments occurring in government and nonprofit accounting and auditing. Time is valuable, and it’s hard to stay current in today’s rapidly changing environment. The course materials use a highly illustrative format to increase concept comprehension and retention. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by Oct. 14 $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Accounting & Reporting for Not-for-Profits: Issues & Answers (ARNP) Nov. 14 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh

Not-for-profits are operating in an increasingly competitive environment for resources. To help garner the attention and confidence of resource providers, it’s crucial that their financial reporting is accurate. This course will improve and refine your not-for-profit accounting and reporting skills. Obtain an in-depth understanding of the key requirements and how they are applied. The course materials use a highly illustrative format to increase concept comprehension and retention. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Oct. 14 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Latest Developments in Nonprofit Accounting & Auditing (NPAA) Nov. 15 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Jill Gilbert, CPA, Partner, Trout, Ebersole & Groff, LLP With four active standard setters (GAO, OMB, AICPA and FASB), there are always important developments occurring in nonprofit accounting and auditing. Time is valuable, and it’s hard to stay current in today’s rapidly changing environment. The course materials use a highly illustrative format to increase concept comprehension and retention. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Oct. 15 $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Advanced OMB A-133 Issues (AOMB)

Dec. 4 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Fred Christensen, MBA, CPA, Partner, Leavitt, Christensen & Co., PLLC When you have responsibility for planning, directing and reporting on a single audit engagement, what advanced topics should you focus on? We will help you prepare for difficult A-133 audit areas upfront rather than reviewing them when it’s too late by providing insight into key issues not covered by other courses. This course provides the key concepts you need to plan, direct and report on A-133 audits while overseeing an audit staff. Fee: $389 member/$439 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Nov. 4 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

Studies on Audit Deficiencies (SAYB)

Dec. 5 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Fred Christensen, MBA, CPA, Partner, Leavitt, Christensen & Co., PLLC How do you avoid single audit and Yellow Book audit deficiencies? This course takes on serious issues in case study format to help you avoid the common pitfalls and recognize the deficiencies ahead of time. This course provides you with real-life studies so you can learn from others’ mistakes in order to perform higherquality engagements.

41 The Bottom Line | O c t o b e r 2 0 1 3

Latest Developments in Government & Nonprofit Accounting & Auditing (GNAA)

seminars | www.wicpa.org/register ]

[

seminars | program descriptions ]

Government/Not-for-Profit Click on the program title to register now!

Fee: $389 member/$439 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Nov. 5 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Advanced Auditing of HUD-Assisted Projects 42

(EO-AHUD)

The Bottom Line | O c t o b e r 2 0 1 3

Dec. 6 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Fred Christensen, MBA, CPA, Partner, Leavitt, Christensen & Co., PLLC Gain important insights into compliance pitfalls for HUDassisted housing owners and managers. Learn to recognize and apply the latest changes in the federally-assisted housing industry and efficiently plan, perform and report a HUDassisted engagement. Uncover the effects of OMB Circular A-133 on HUD-assisted nonprofit entities. This course provides you with full coverage of the Consolidated Audit Guide for Audits of HUD Programs. Fee: $389 member/$439 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Nov. 6 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

Governmental Accounting & Auditing (GAU3)

interactive course will analyze the recent GASB requirements toward governments and provide an understanding of A-133 and Yellow Book requirements. This course provides you with the latest developments in governmental accounting and auditing to make you more efficient in your engagements.

Dec. 9 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Best Western, Neenah

Governmental Accounting & Auditing (GAU4) Dec. 10 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Robert Moody Jr., CPA, Partner, Talbot, Korvola & Warwick, LLP Are you current with the latest governmental accounting and auditing developments? It’s easy to fall behind with all your work projects, but this fast-paced

Fee: $389 member/$439 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by 30 days before the program $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Our early birds get more than just a worm. Registering early for a WICPA conference or seminar not only saves you money. It also helps you plan ahead and better prepare to be out of the office. That means you can focus on the topics and See specific event registration for details, or call and ask for the WICPA CPE Department at

800-772-6939.

learn new ideas while you’re there. The sooner we know how many participants are registered, the better we can plan ahead, too.

Save up to

when you register by the early bird deadline for WICPA conferences and seminars. What’s more, every registrant from your company receives the discounted early bird rate.

[

seminars | www.wicpa.org/register ]

Information Technology NEW! Adobe Acrobat Must-Know Features for Beginners (AAFB)

GoneGreen!

Bryan L. Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings, LLC This basic course will teach you how to utilize Adobe Acrobat features to create and work within PDF files with maximum efficiency. Adobe Acrobat is an excellent tool for viewing, creating, editing, managing and printing PDF files. Adobe Acrobat is widely used as a tool for presenting information in a static and secured format. The use of Adobe Acrobat to exchange documents electronically using PDF files continues to grow significantly. Topics reviewed in this course include: Adobe Acrobat Standard and Pro features/functions comparison, bookmarks, converting documents to PDF format, scanning, Optical Character Recognition (OCR), annotation tools, merging/ extracting/rotating pages, headers/ footers, watermarks, links and more. Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 4 hours Developed by: CPA Crossings, LLC

NEW! Adobe Acrobat Advanced Tips, Tricks & Techniques (AAAT) Oct. 24 | Registration Noon Program 12:30 p.m. – 4 p.m. WICPA Professional Development Center, Brookfield Bryan L. Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings, LLC This advanced course will teach you how to utilize Adobe Acrobat features to create and work within

Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 4 hours Developed by: CPA Crossings, LLC

NEW! Excel: Everything You Wanted to Know About Using Excel Pivot Tables (EXPT) Oct. 25 | Registration 8 a.m. Program 8:30 a.m. – Noon WICPA Professional Development Center, Brookfield Bryan L. Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings, LLC This course will teach you how to analyze all sorts of data using pivot tables. We will focus our demonstration on analyzing accounting data to teach you the full range of analysis that is possible through the use of pivot tables. We will cover basic, intermediate and some advanced techniques for maximizing the value of your pivot tables. A review of practical pivot table examples will be presented to demonstrate how powerful this feature is for analyzing your data. Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 4 hours Developed by: CPA Crossings, LLC

43 The Bottom Line | O c t o b e r 2 0 1 3

Oct. 24 | Registration 8 a.m. Program 8:30 a.m. – Noon WICPA Professional Development Center, Brookfield

PDF files with maximum efficiency. Adobe Acrobat is widely used as a method of presenting information and exchanging documents electronically. The use of PDF files continues to grow significantly. Mastering the use of Adobe Acrobat’s advanced features/functions is key to converting to paperless work flows. Topics reviewed in this course include: PDF security, digital signatures, redaction, preference settings, online collaboration tools, Adobe Acrobat portfolios and Adobe Forms tools.

[

seminars | program descriptions ]

Information Technology Click on the program title to register now!

NEW! Managing Your Email, Calendar & Contacts on Your Mobile Device (MMOD) Oct. 25 | Registration Noon Program 12:30 p.m. – 4 p.m. WICPA Professional Development Center, Brookfield Bryan L. Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings, LLC

44 The Bottom Line | O c t o b e r 2 0 1 3

Do you own an iPhone or iPad? How about an Android or Windows smartphone or tablet? If the answer is “yes” to any of these questions, then you will definitely want to attend this course. We will review how to properly set up your mobile device to synchronize your email, appointments calendar and contact information with your email service provider. Far too many people are getting frustrated with duplicate records, lost information and the myriad of configuration issues that have to be dealt with when purchasing a tablet or smartphone. This course will help sort it all out for you and provide specific information on how to synchronize your device with MS Exchange, Outlook, Gmail, Yahoo and more. Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 4 hours Developed by: CPA Crossings, LLC

Sage 50/Peachtree Accounting Software: Managing Businesses More Effectively (PAS)

Nov. 21 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Brian Tankersley, CPA, CITP, Associate, K2 Enterprises Dating back to the 1970s, Sage 50/Peachtree software has a rich tradition of bringing innovations in accounting software to small businesses across the United States. In this seminar, you will learn how

to put recently introduced features to work, the right way, in order to manage your business — or that of your clients’ — more efficiently and effectively. This isn’t a class on how to perform basic data entry functions in Sage 50/Peachtree, but rather, it’s a class designed to show you how to take advantage of key Sage 50/Peachtree features such as Internal Accounting Review, Workflow, Business Intelligence, My Dashboard, Realtime Alerts, Multi-year Reporting and Inventory Management. If you’re currently using or supporting Sage 50/Peachtree software, or are considering implementing Sage 50/ Peachtree, take advantage of this opportunity to learn how to make the most of Sage 50/Peachtree software. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Oct. 21 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: K2 Enterprises

NEW! Top Accounting Solutions (TAS) Nov. 22 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Brian Tankersley, CPA, CITP, Associate, K2 Enterprises The cloud provides new and exciting options for how organizations of all sizes perform accounting and reporting functions. Yet for some businesses, traditional, on-premises accounting solutions remain the right choice. This seminar helps identify your options while comparing and contrasting cloud-based solutions to traditional, on-premises solutions that can be run in-house or in a hosted environment. Some of the topics covered in this seminar are identifying solutions

that should be considered for core accounting functionality, exploring credit card and bank account integration, electronic payment acceptance and integration with industry standard tools, such as eBay or PayPal, using dashboards and other reporting mechanisms to communicate financial and operational results, and examining niche solutions such as Freshbooks, Bill.com and Concur for specific accounting activities. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Oct. 22 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: K2 Enterprises

NEW! Ben Wright’s Email, Record Retention, Destruction & Security for 2013 (DRD) Nov. 22 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Benjamin Wright, Attorney, SANS Institute, Private Law Practice Attend this seminar to learn how to protect yourself under the rapidly changing laws of litigation, technology, privacy, electronic commerce and computer security. You will learn at least 15 new things in this course including storage of accounting records in the cloud, legal requirement for record retention, new federal rules on discovery of 3-mail and other e-records in litigation, to name only a few! Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Oct. 22 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: Gary Zeune & Associates

[

seminars | www.wicpa.org/register ]

Information Technology Sage 50/Peachtree Accounting Software: Managing Businesses More Effectively (PAS2)

Dec. 16 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Stoney Creek Inn, Onalaska Thomas G. Stephens Jr., CPA, CITP, Shareholder, K2 Enterprises

This is not a class on how to perform basic data entry functions in Sage 50/Peachtree, but rather, it is a class designed to show you how to take advantage of key Sage 50/Peachtree features such as Internal Accounting Review, Workflow, Business Intelligence, My Dashboard, Realtime Alerts, Multi-Year Reporting and Inventory Management. If you are currently using or supporting Sage 50/ Peachtree software, or are considering implementing Sage 50/Peachtree, take advantage of this opportunity to learn how to make the most of Sage 50/ Peachtree software. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by Nov. 16 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: K2 Enterprises

QuickBooks Advanced Features, Tools & Techniques (ADQ)

Dec. 17 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Crowne Plaza, Madison Thomas G. Stephens Jr., CPA, CITP, Shareholder, K2 Enterprises

Some of the key topics covered are the best ways to exchange QuickBooks data with others, inventory accounting issues and solutions, tracking and managing sales taxes, working with and resolving payroll issues, advanced financial and operational reporting matters, job costing, time tracking, and much more. If you’re an experienced QuickBooks user and want to get more out of the product for your company and/or your clients, you need this course. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by Nov. 17 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: K2 Enterprises

QuickBooks for Accountants (QBP)

April 2, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Holiday Inn, Manitowoc Thomas G. Stephens Jr., CPA, CITP, Shareholder, K2 Enterprises Although QuickBooks is generally labeled as an entry-level accounting solution, it’s an extremely powerful product with features and capabilities of which many users are either not aware or don’t know how to use effectively. This course helps you get more out of QuickBooks and resolve issues even experienced QuickBooks users often struggle with, such as locking down prior periods. The course starts out fast with a chapter covering the top issues accountants face with QuickBooks. The day

continues with practical guidance and solutions designed to help accountants get the most out of QuickBooks for themselves and/or their clients. Issues such as setting up a new company, configuring and customizing QuickBooks preferences, and enabling system security and password protection features are also addressed in this course. In addition, you will learn about locking down transactions in prior periods, the audit trail, customizing reports, exporting reports to Excel and data backup. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by March 2 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: K2 Enterprises

NEW! Excel PivotTables for Accountants (EPT) April 3, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Thomas G. Stephens Jr., CPA, CITP, Shareholder, K2 Enterprises PivotTables are the most powerful feature of Excel, yet few accountants use them in their day-to-day activities. For some, PivotTables are too intimidating; for others, PivotTables are a foreign concept. With a little information, guidance and demonstration from the instructor, you will be ready to use PivotTables to accomplish data analysis and reporting. This seminar begins with basic PivotTables and progresses throughout the day to advanced PivotTable topics. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by March 3 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: K2 Enterprises

45 The Bottom Line | O c t o b e r 2 0 1 3

Dating back to the 1970s, Sage 50/Peachtree software has a rich tradition of bringing innovations in accounting software to small businesses across the United States. In this seminar, you will learn how to put recently introduced features to work, the right way, in order to manage your business — or that of your clients’ — more efficiently and effectively.

This advanced course is designed for those who are experienced with QuickBooks and who are looking for insight on how to deal with the more difficult issues that users often face. The course includes coverage of techniques and features of which even advanced users are often not aware as well as useful workarounds for common problems.

[

seminars | program descriptions ]

Management & Emerging Professionals Click on the program title to register now! Advanced CFO & Controller Leadership Skills (ACCS)

GoneGreen!

Oct. 18 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield James Lindell, MBA,CPA, President, Thorsten Consulting Group, Inc.

The Bottom Line | O c t o b e r 2 0 1 3

If you want to be secure in your position as the financial enforcer, you must be able to exhibit the advanced skills that help you add value and contribute to the success of the organization. In addition, you must be able to document that worth — your worth — to the company’s leaders. This course examines best practicesof leading-edge controllers and CFOs. Review the 10 critical skills that add value to your company and boost your career. Learn how to align your personal goals with the organization’s mission and improve your skills in five key areas needed for success. Resolve to become a powerful agent for positive change and an advocate and coach for your team.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

In addition, Internet access isn’t guaranteed to be available onsite, so please download your materials prior to the presentation. Power strips and additional power sources for laptops, iPads and other tablet devices will be available at all locations.

NEW! Internal Controls (INCO) Nov. 1 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Crowne Plaza, Madison Curtis Quickel, CPA, Sole Practitioner Internal controls are integral to the function and achievement of goals for all organizations. Understanding internal control is essential for financial and accounting professionals within any organization as well as for those that provide internal and external audit services. This course engages participants in dialogue and activities designed to deepen the understanding of the purpose, benefits, components,

terminology and overall structure of internal controls related to financial reporting. The course prepares participants to make decisions on what type and level of controls are necessary to achieve common control objectives and addresses the need for controls in all five components addressed within the COSO Integrated Framework, how they interrelate with each other, and how they support internal controls within a given transaction processing cycle. Fee: $399 member/$449 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

How Good Companies Become Great (GTG) Nov. 11 | Registration 8 a.m. Program 8:30 a.m. – Noon Radisson Paper Valley Hotel, Appleton Dan Chenoweth, MBA, CPA, Owner & Business Consultant, Chenoweth & Associates Business Consulting Some companies are born great, others change and become great along the way. This seminar will discuss how both new companies and established companies become great. The seminar begins with key lessons about business start-ups from Paul Hawken, author of “Growing a Business,” and Guy Kawasaki, author of “Art of the Start and Enchantment.” This seminar briefly reviews the management classic In “Search of Excellence” and then focuses on Jim Collins’ research presented in “Built to to Last,” “Good to Great,” “How the Mighty Fall” and “Great by Choice.” This seminar is for management teams who want to make the transition from being merely good to truly great. Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 4 hours Developed by: Executive Education, Inc.

[

seminars | www.wicpa.org/register ]

Management & Emerging Professionals Financial Leadership (FL)

Chief Financial Officer (CFO)

Nov. 11 | Registration Noon Program 12:30 – 4 p.m. Radisson Paper Valley Hotel, Appleton

Dec. 11 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield

Dan Chenoweth, MBA, CPA, Owner & Business Consultant, Chenoweth & Associates Business Consulting

Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 4 hours Developed by: Executive Education, Inc.

Only Financial Officer (OFO) Nov. 12 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Radisson Paper Valley Hotel, Appleton Dan Chenoweth, MBA, CPA, Owner & Business Consultant, Chenoweth & Associates Business Consulting The title “chief financial officer” is not an accurate description for what many financial managers do because the word “chief” implies that the company has more than one. This seminar covers four major topics of importance to the financial manager who must do it all. We have designed this course to give financial managers in small to medium-sized companies the high-level skills needed to act as a member of top management. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by Oct. 12 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Executive Education, Inc.

Being a great accountant alone will not qualify you to be a chief financial officer. Effective CFOs are strong business people whose knowledge goes well beyond accounting. This seminar deals with the CFO’s role in four important aspects of running a business. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Nov. 11 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Executive Education, Inc.

Lean Accounting (LA) Dec. 12 | Registration Noon Program 12:30 – 4 p.m. WICPA Professional Development Center, Brookfield John Levy, MBA, CPA, CEO, Board Advisory Pressures from many sources are forcing financial managers to seek ways to do more with less. Accountants everywhere are rethinking the way they manage. This seminar will show you how to focus on the customer and deliver more value, more effectively. Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 4 hours Developed by: Executive Education, Inc.

Corporate Finance Check-Up (CFC)

Dec. 13 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield

Understanding how to use common corporate finance tools is a skill that separates those who will become chief financial officers from those who will always remain accountants. This seminar provides a refresher on corporate finance skills for those who work or aspire to work at a CFO level. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Nov. 13 $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours Developed by: Executive Education, Inc.

NEW! Advanced Business Law for CPAs (ABLT) Jan. 14, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Radisson Inn, Green Bay Curtis Quickel, CPA, Sole Practitioner Complex legal issues arise daily for businesses and clients. Do you know what these issues are and how to respond to them? This course provides detailed information concerning the legal issues most commonly encountered by businesses and business clients, employment, social media/privacy, e-business, intellectual property protection, corporate law developments, securities regulation and public company matters, limiting individual liability and insurance, business tax issues, alternate forms of dispute resolution and environmental matters. Fee: $399 member/$449 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Dec. 14 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

47 The Bottom Line | O c t o b e r 2 0 1 3

The financial manager’s role has expanded dramatically in recent years to include helping create the organization’s strategy as well as driving the changes necessary for strategy implementation. This seminar provides ideas, skills and confidence to help you make the transition from value preserver to value creator.

John Levy, MBA, CPA, CEO, Board Advisory

[

seminars | program descriptions ]

Management & Emerging Professionals Click on the program title to register now! MBA in a Day (MBAD) Jan. 21, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh

48 The Bottom Line | O c t o b e r 2 0 1 3

This course will help CPAs develop a complete business finance and management background. With this knowledge and these skills, CPAs in industry and public accounting can better manage all aspects of their own businesses while helping their clients make more informed business and financial decisions. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Dec. 21 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

NEW! The Complete Controller: Five Heroic Skills to Transform the Accounting Team (LCCH) Jan. 28, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Ron Rael, CPA, Leadership Coach, CEO, The High Road Institute The controller is required to be skilled on both sides of the business equation: people and processes. You’re only as effective as the people who do the work. This workshop will help you maximize productivity and add value. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Dec. 28 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: The High Road Institute

NEW! Do You Suffer From Bureaucracy or Turf Wars? How to Eliminate Them From Your Culture (LDYS) Jan. 29, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Ron Rael, CPA, Leadership Coach, CEO, The High Road Institute This highly interactive workshop provides you with a process for removing existing and potential conflicts from the workplace. We explore the reasons why conflicts occur and demonstrate confidence building exercises that reduce tensions and build cooperation. Also learn why conflicts happen in the workplace, what conflict really represents, how to effectively handle conflict and much more. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Dec. 29 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: The High Road Institute

Only Financial Officer (OFO2) March 17, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield William O’Brien, MBA, CPA, Financial Management Consultant & Educator, Santa Clara University The title “chief financial officer” is not an accurate description for what many financial managers do because the word “chief” implies that the company has more than one. This seminar covers four major topics of importance to the financial manager who must do it all. We have designed this course to give financial managers in small to medium-sized companies the

high-level skills needed to act as a member of top management. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Feb. 17 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Executive Education, Inc.

Financial Management Skills (FMS)

March 18, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield William O’Brien, MBA, CPA, Financial Management Consultant & Educator, Santa Clara University Today’s effective financial leader must exhibit ongoing credibility and adaptability to successfully maintain their effectiveness. Facts and circumstances constantly change in today’s business environment. While the fundamentals of successful financial management don’t vary, the landscape in which finance professionals operate is in constant flux. This seminar begins with the principles of financial management credibility and then graduates into a discussion of enterprise risk management, strategy-driven metrics and corporate governance in an ever-changing operational landscape. This seminar provides real answers to the challenges financial managers face, no matter the size or nature of their organization. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Feb. 18 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Executive Education, Inc.

[

seminars | www.wicpa.org/register ]

Management & Emerging Professionals NEW! Money Talks! Critical Presentation & Communication Skills for the Finance Professional (LMTC) March 19, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Ron Rael, CPA, Leadership Coach, CEO, The High Road Institute

Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Feb. 19 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: The High Road Institute

Chief Financial Officer (CFO2) April 21, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Stoney Creek Inn, Rothschild John Daly, MBA, CPA, CMA, CPIM, Management Consultant & President, Executive Education, Inc. Being a great accountant alone will not qualify you to be a chief financial officer. Effective CFOs are strong business people whose knowledge goes well beyond accounting. This seminar deals with the CFO’s role in four important aspects of running a business. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by March 21 $20 additional for hard copy materials Level of knowledge: Intermediate

Annual Update for Controllers (SKSB2) April 24, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Radisson Paper Valley Hotel, Appleton James Lindell, MBA, CPA, President, Thorsten Consulting Group, Inc. Gain a better understanding of current economic issues and the latest trends in accounting, finance, human resources, treasury management and business systems. Discuss leading-edge topics in managerial accounting and finance in a session that’s packed with useful tips and how-to guidance that you can apply immediately. This course provides you with practical approaches to current issues. You will review new tools and techniques to help you promote your company’s growth. Fee: $399 member/$449 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by March 24 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

NEW! Relationships Built on Trust or Mistrust? How to Foster Superior Employee Performance (LRBO) April 29, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Ron Rael, CPA, Leadership Coach, CEO, The High Road Institute This advanced level workshop demonstrates the skills of coaching so you learn to achieve superior levels of employee performance.

You learn in an interactive, problem resolving environment and model coaching techniques to affect people’s behaviors. In this seminar, you will learn ways to improve performance through coaching, how motivation impacts employee performance, why the feedback process will modify an employee’s behavior, how to clearly define superior performance and much more. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by March 29 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: The High Road Institute

NEW! They Don’t Eat Their Young, do They? How to Work With Difficult People! (LTDE) May 20, 2014 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Ron Rael, CPA, Leadership Coach, CEO, The High Road Institute We will employ the C.A.R. strategy to enable you to interact better with your “coworkers” and co-workers. You will gain an understanding of why fellow employees can be seen as difficult, learn some real reasons why another person’s behavior is distracting, brainstorm strategies for making the interaction better, and create your own strategy for improving interactions with your co-workers. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by April 20 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: The High Road Institute

49 The Bottom Line | O c t o b e r 2 0 1 3

Today’s professional must get their message across and persuade people to follow or take action. Discover how to do this successfully in front of any size audience to deliver and anchor an important message, ensure you know your audience, communicate technical and financial information in a meaningful manner, and understand how you impact the listener.

CPE credit: 8 hours Developed by: Executive Education, Inc.

[

seminars | program descriptions ]

Taxation

Click on the program title to register now! Multistate Income Tax (MIT) Oct. 8 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Grand Lodge, Rothschild

Multistate Income Tax (MIT2)

GoneGreen!

50 The Bottom Line | O c t o b e r 2 0 1 3

Oct. 9 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Patrick Kelley, CPA, Sole Practitioner & Instructor, AICPA’s National Tax Education Program Discover ways to master the theoretical disputes and compliance issues to better navigate through the maze of multistate corporate taxation. This seminar provides you with the necessary principles for understanding multistate corporate taxation and offers insight into how to incorporate multistate corporate taxation into a client’s plan. As an experienced accountant or private industry manager, this course provides you with the knowledge you need to offer more consultative value to your clients in the multistate corporate taxation area. Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA This program is approved for 7.5 CLE hours.

2013 Hot Tax Topics (HOT) Oct. 10 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Patrick Kelley, CPA, Sole Practitioner & Instructor, AICPA’s National Tax Education Program Discuss this year’s hottest tax topics and learn how to better advise your clients by offering them the latest tax-saving strategies. Elevate your present practices and enhance the value of the services you offer your clients. This course presents the most recent tax law changes.

Complete this course to ensure your clients have the latest information and updates for their tax plans. Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Advanced Mergers, Acquisitions & Sales (PSAS) Oct. 23 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Bruce Shepard, CPA, Prior CFO, Las Vegas Gaming, Inc. Learn how to provide expert and effective tax planning services to clients or key management within company finance operations. Case studies will show comparative calculations so you are able to explain the benefits of one option over another in a way that shows both the economic and tax impact. This course will provide a robust examination of the process and rules applicable to tax acquisitive and divisive transactions, as well as active applications of how these play out in complex transactions. Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

Tax Advisors Update (PTU) Oct. 28 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Holiday Inn, Manitowoc Andy Biebl, CPA, Partner, CliftonLarsonAllen LLP There’s no substitute for the unique perspective of a CPA active in public accounting. That’s why CliftonLarsonAllen has developed a seminar to keep you apprised of the latest tax developments. Count on

[

seminars | www.wicpa.org/register ]

Taxation

an in-depth session that delivers the useful tools, strategies, and insight needed to serve clients well. Fee: $409 member/$459 nonmember $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours Developed by: CliftonLarsonAllen LLP This program is approved for 7.5 CLE hours.

The Best Income Tax, Estate Tax & Financial Planning Ideas of 2013 (IEFP2)

Scott Emerson, Sole Practitioner, Instructor, Enrolled Agent, Surgent McCoy CPE, LLC Income and transfer tax rates appear destined to change yet again, and clients will require extensive planning and reconsideration of appropriate tax strategies. As a CPA, you must be prepared for one of the most complex years in recent history. In this course, you will explore practical tax-planning ideas that practitioners can use to assist clients with their needs. This course is crucial for CPAs who are looking for good ideas that can save clients money! Fee: $399 member/$449 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC This program is approved for 7.5 CLE hours.

AICPA’s 1040 Tax Return Workshop by Sid Kess (IITW) Oct. 28–29 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Martin Miller, CPA, Professor, Villanova University This fast-paced, real-world session covers the key tax return issues of the upcoming year. Complete this course to ensure you’re ready to advise your

Fee: $549 member/$599 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 16 hours Developed by: AICPA This program is approved for 15.5 CLE hours.

Fiduciary Income Tax Returns: Form 1041 Workshop (1041) Oct. 29 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Crowne Plaza, Madison Scott Emerson, Sole Practitioner, Instructor, Enrolled Agent, Surgent McCoy CPE, LLC As income tax rates rise on estates, trusts, and their beneficiaries, consideration of the income tax effects becomes more critical. This course will cover the complicated income tax rules of estates and trusts, fiduciary accounting, and how to prepare Form 1041. The practical, 300-page manual is an excellent reference source for your practice. Fee: $399 member/$449 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC This program is approved for 7.5 CFP hours.

NEW! Fringe Benefits: 2013-2014 (FB) Oct. 29 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Edward K. Zollars, CPA, Partner, Thomas, Zollars & Lynch, Ltd.

Fringe benefits are a significant part of every company’s overhead, and a concern for every employer. Help your clients or your employer comply with the Patient Protection and Affordable Care Act, make effective use of fringe benefits, and reduce income and payroll tax burdens in the process. Learn how you can most effectively use major fringe benefit options to contain costs and increase employee job satisfaction. Fee: $389 member/$439 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Nichols Patrick CPE, Inc.

NEW! “Repair Regs” Sec. 263 (NRR) Oct. 30 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Edward K. Zollars, CPA, Partner, Thomas, Zollars & Lynch, Ltd. Is expenditure associated with tangible property deductible? Learn new rules for treatment of amounts paid to acquire, produce, repair or improve tangible property and proper accounting for dispositions of property subject to depreciation. The new regulations provide objective standards and bright-line rules intended to simplify compliance with the capitalization provisions contained in section 263(a) of the Internal Revenue Code. This program provides comprehensive analysis of the new rules, an explanation of how your clients might benefit from an automatic change in accounting method, and more than 100 real-life examples of how the new rules will work. From repair of a machine in a factory to acquisition of an apartment building, property transactions are affected by these new rules. Fee: $389 member/$439 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Nichols Patrick CPE, Inc.

51 The Bottom Line | O c t o b e r 2 0 1 3

Oct. 28 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Stoney Creek Inn, Onalaska

clients on new developments and tax-saving ideas. Discover how to apply the latest tax law changes when preparing federal income tax returns. This course reinforces frequently used principles and provides you with the latest tax development information you need to properly plan and prepare your clients’ federal income tax returns.

[

seminars | program descriptions ]

Taxation

Click on the program title to register now! NEW! Advanced Estate Planning Strategies (AEPS) Oct. 31 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Crowne Plaza, Madison Brian Gosline, J.D., CPA, Brian Gosline, P.C.

52 The Bottom Line | O c t o b e r 2 0 1 3

Discover how to use trusts, family limited partnerships and insurance in estate planning strategies to minimize taxes and enhance the accumulation of income. These strategies will provide in-depth analysis of how and why they work in addition to the estate, gift and generation-skipping tax implication for each. Fee: $399 member/$449 nonmember $30 AICPA member discount $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

NEW! Tax Staff Training: Level 2 Business (TSTB) Nov. 4–5 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Robert Rogers, CPA, Owner, Rogers CPA Group, Inc. Designed as practical next-step training for the accountant who has one or two tax seasons’ experience and is expected to accept additional responsibility and work on more complex assignments, this course introduces the participant to intermediate level tax research and tax planning. Emphasis is on business returns and tax issues commonly encountered in operating businesses. Fee: $549 member/$599 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 16 hours Developed by: Nichols Patrick CPE, Inc.

Tax Advisors Update (PTU2) Nov. 7 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Stoney Creek Inn, Onalaska Andy Biebl, CPA, Partner, CliftonLarsonAllen LLP There’s no substitute for the unique perspective of a CPA active in public accounting. That’s why CliftonLarsonAllen has developed a seminar to keep you apprised of the latest tax developments. Count on an in-depth session that delivers the useful tools, strategies and insight needed to serve clients well. Fee: $409 member/$459 nonmember $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours Developed by: CliftonLarsonAllen LLP This program is approved for 7.5 CLE hours.

The Best Individual Income Tax Update Course by Surgent McCoy (BITU) Nov. 11 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Crowne Plaza, Madison Wendy Kravit, MBA, CPA, Instructor, AICPA This year will bring a significant change to the tax environment, requiring sound planning in 2013 for individual clients to combat. This highly informative course responds to the latest in tax law developments, including discussions of the planning opportunities available to your individual tax clients. This up-todate knowledge will enable you to further discuss new developments and tax-saving ideas applicable to your clients and their growing needs in light of post-election developments. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by Oct. 11 $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours

Developed by: Surgent McCoy CPE, LLC This program is approved for 7.5 CFP hours.

NEW! Tax Staff Training: Level 1 Individual (TSTI) Nov. 11–12 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Randy C. Newton, CPA, President, Newton, Greene & Associates, PLLC The new accountant with little or no tax experience will gain realworld, practical training from this course. It bridges the gap between school and practice. This isn’t a theory course. It’s the foundation for understanding the federal income tax code and its application to all kinds of taxpayers. New staff accountants will return from this program ready to make a profitable contribution to the firm’s tax practice. Emphasis is on individual tax returns and tax issues commonly encountered by individuals. Fee: $549 member/$599 nonmember $40 early bird discount if registered and paid by Oct. 11 $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 16 hours Developed by: Nichols Patrick CPE, Inc.

Advanced Partnership/LLC Workshop: How to do Optional Step-Up in Basis Under Section 754 & Related Provisions (APLW) Nov. 12 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Crowne Plaza, Madison Wendy Kravit, MBA, CPA, Instructor, AICPA Changes in the individual income tax rates require more complex planning for clients invested in partnerships. This course explores the practical issues in the many instances a step-up in basis can create tax advantages for partners and members. This course

[

seminars | www.wicpa.org/register ]

Taxation

includes case studies to illustrate the critical points. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by Oct. 12 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Surgent McCoy’s Federal Tax Camp (SATC)

Susan Smith, CPA, Sole Practitioner, Susan Smith CPA Both business and individual clients will be affected by all of the tax changes set to occur in 2013, requiring that the tax advisor practice extensive tax planning. Not only will you be updated on the most important tax issues that require your attention, but this course will also review the major trends and changes in the case and regulatory law. Included is full coverage of all tax changes together with continuing coverage of health care and estate and gift tax reform. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by Oct. 20 $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC This program is approved for 7.5 CLE hours.

AICPA’s 1040 Tax Return Workshop by Sid Kess (IITW2) Nov. 21–22 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Grand Lodge, Rothschild William Murphy, CPA, PFS, ABV, CFF, CVA, Owner, Murphy Financial Group, P.C. This fast-paced, real-world session covers the key tax return issues of the upcoming year. Complete this course to ensure you’re ready

Fee: $549 member/$599 nonmember $30 AICPA member discount $40 early bird discount if registered and paid by Oct. 21 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 16 hours Developed by: AICPA This program is approved for 15.5 CLE hours.

The Complete Guide to Preparing Limited Liability Company, Partnership & S Corporation Federal Income Tax Returns (PLPS) Dec. 2 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Donald Cooley, CPA, Partner, Cotner, Cooley, Clark & Sharp, LLC Learn in one day how to prepare S corporation, LLC and partnership tax returns. The course focuses on an identical trial balance to completed tax return case study prepared on both Form 1120S and Form 1065, allowing one to explore the similarities and differences of these popular entity structures. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Nov. 2 $20 additional for hard copy materials Level of knowledge: Beginning CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC This program is approved for 7.5 CFP hours.

Tax Advisors Update (PTU3) Dec. 2 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. The Plaza Hotel, Eau Claire

Andy Biebl, CPA, Partner, CliftonLarsonAllen LLP There’s no substitute for the unique perspective of a CPA active in public accounting. That’s why CliftonLarsonAllen has developed a seminar to keep you apprised of the latest tax developments. Count on an in-depth session that delivers the useful tools, strategies and insight needed to serve clients well. Fee: $409 member/$459 nonmember $40 early bird discount if registered and paid by Nov. 2 $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours Developed by: CliftonLarsonAllen LLP This program is approved for 7.5 CLE hours.

NEW! Tax Staff Training: Level 3 Advanced Issues (TSTA) Dec. 2–3 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Don P. Cochran, J.D., CPA, CFP, Sole Practitioner This program is designed for the accountant with more than two seasons’ tax experience who’s ready to take more responsibility for providing and supervising tax services to clients. It includes income taxation of estates and trusts, special rules affecting controlled groups, and transfers of partnership interests. Program participants will learn how to comply with professional standards, prepare written tax advice, represent clients before the IRS, and produce quality tax research using code, regulations, IRS published guidance, committee reports and case law. Fee: $549 member/$599 nonmember $40 early bird discount if registered and paid by Nov. 2 $20 additional for hard copy materials Level of knowledge: Advanced CPE credit: 16 hours Developed by: Nichols Patrick CPE, Inc.

53 The Bottom Line | O c t o b e r 2 0 1 3

Nov. 20 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Grand Lodge, Rothschild

to advise your clients on new developments and tax-saving ideas. Discover how to apply the latest tax law changes when preparing your clients’ federal income tax returns.

[

seminars | program descriptions ]

Taxation

Click on the program title to register now!

Surgent McCoy’s Handbook for Mastering Basis, Distributions & Loss Limitation Issues for S Corporations, LLCs & Partnerships (HMBI) Dec. 3 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield 54 The Bottom Line | O c t o b e r 2 0 1 3

Donald Cooley, CPA, Partner, Cotner, Cooley, Clark & Sharp, LLC The most difficult concepts to master when dealing with flowthrough business entities are the basis and distribution concepts. Major error and malpractice issues occur if the CPA does not fully understand the impact of these rules. This course is designed to focus on the practical applications of these rules. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Nov. 3 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC This program is approved for 7.5 CLE hours.

Debt-Related Tax Issues: Foreclosures, Short Sales & Cancellation of Debt (DRTI) Dec. 4 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. WICPA Professional Development Center, Brookfield Don P. Cochran, J.D., CPA, CFP, Sole Practitioner Clients with properties lost to foreclosure, sold in short sales and who have had debts restructured have complicated tax issues that impact both tax planning and reporting. IRC Sec. 108 says income from forgiveness of indebtedness is taxable, but

it offers a number of exceptions to that rule. This course will deal with handling such transactions, including working with clients who are considering debt settlement options and those for whom the transaction is completed before the CPA becomes involved. You will learn how to reduce negative tax outcomes by applying the statutory exceptions to income recognition. Fee: $389 member/$439 nonmember $40 early bird discount if registered and paid by Nov. 4 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Nichols Patrick CPE, Inc. This program is approved for 7.5 CLE hours.

Construction Contractors: Special Tax & Accounting Considerations (CCST) Dec. 11 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Crowne Plaza, Madison Don P. Cochran, J.D., CPA, CFP, Sole Practitioner This program explains and illustrates work-in-process, over and under billing, classification of current vs. long-term assets and liabilities, contractor specific disclosure rules, FIN 46R, SFAS 109, FIN 48, percentage of completion, completed contract method, “look back” rules, disclosure of “uncertain tax positions,” the Section 199 deduction, and unique audit program and financial statement issues. Fee: $399 member/$449 nonmember $40 early bird discount if registered and paid by Nov. 11 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Nichols Patrick CPE, Inc. This program is approved for 7.5 CLE hours.

2013 Corporate Income Tax Boot Camp by Sid Kess (CITW) Dec. 12–13 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Stoney Creek Inn, Rothschild Stephen Renberg, CPA, Instructor, Boise State University This comprehensive course will guide practitioners through the numerous concepts and rules applicable to income tax accounting, tax return positions and disclosures for C corporations and S corporations. Fee: $549 member/$599 nonmember $40 early bird discount if registered and paid by Nov. 12 $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 16 hours Developed by: AICPA

Tax Advisors Update (PTU4) Dec. 19 | Registration 8 a.m. Program 8:30 a.m. – 4 p.m. Brookfield Suites, Brookfield Andy Biebl, CPA, Partner, CliftonLarsonAllen LLP There’s no substitute for the unique perspective of a CPA active in public accounting. That’s why CliftonLarsonAllen has developed a seminar to keep you apprised of the latest tax developments. Count on an indepth session that delivers the useful tools, strategies and insight needed to serve clients well. Fee: $409 member/$459 nonmember $40 early bird discount if registered and paid by Nov. 19 $20 additional for hard copy materials Level of knowledge: Update CPE credit: 8 hours Developed by: CliftonLarsonAllen LLP This program is approved for 7.5 CLE hours.

Radisson Paper Valley Hotel

CPAs in Industry Fall Conference Monday, Sept. 23 Country Springs Hotel & Conference Center

Not-for-Profit Conference Monday, Sept. 30 Country Springs Hotel & Conference Center

Country Springs Hotel & Conference Center

School District Audit Conference Wednesday, May 15

Holiday Inn Hotel & Convention Center

School District Audit Conference Thursday, May 16

Country Springs Hotel & Conference Center

Technology Conference Thursday, Dec. 5 & Friday, Dec. 6

Country Springs Hotel & Conference Center

Accounting, Auditing & Financial Management Update Conference Tuesday, Nov. 19

Italian Conference Center

Tax Conference Thursday, Nov. 7 & Friday, Nov. 8

The Bottom Line | O c t o b e r 2 0 1 3

Registration will open approximately eight weeks prior to each conference. To learn more, visit www.wicpa.org/conferences

Financial Institutions Conference Tuesday, May 21

WICPA CONFERENCES

CPAs in Industry Spring Conference Tuesday, March 19

2013

CPE FAQs Q. What qualifies toward my CPE credit hours? A. To qualify for CPE credit, a program must be a “formal” program of learning as described in the AICPA’s “Statement on Standards for Continuing Professional Education (CPE) Programs.” Those standards are included as part of the WICPA’s CPE policies. For more information, visit www.wicpa.org/CPErequirements.

Q. What information or proof do I need to submit? 56 The Bottom Line | O c t o b e r 2 0 1 3

Q. Is there any advantage to registering early?

Q. What happens if the WICPA cancels a program?

A. Definitely yes! Most seminars are limited in size, and registering early will guarantee you the seminars of your choice. Also, the WICPA can avoid having to cancel a course due to insufficient early registrations. Plus, there’s an early bird discount!

A. If a program is canceled fewer than 14 days prior to the presentation date, you will be notified directly by email and will receive a follow-up notification by phone. Full refunds will be granted. If course materials were sent in advance, you must return them to the WICPA to receive a refund. Your early registration can help us avoid canceling a program. NOTE: The WICPA isn’t responsible for any personal expenses incurred if a course is canceled.

Q. How does the early bird discount work? A. To receive the $40 per person early bird discount for seminars and $30 per person early bird discount for conferences, the following stipulation must be met: Each seminar and conference must be registered for, or postmarked and paid for, by the early bird discount date. Please see individual programs for that date. This early bird discount applies only to full-day seminars and conferences (8 CPE hours or more).

Q. Do I receive other benefits on registration fees as a WICPA member? A. Yes! WICPA members receive a registration fee discount of up to $50, while nonmembers pay the standard registration fee.

Q. What happens if I have to cancel for some reason? A. In order to receive a full refund, the WICPA CPE Department must receive a notification of cancellation or a request to transfer to a different program at least 14 days prior to the program presentation date. Cancellations or program transfer requests received less than 14 days before the presentation date will be subject to a cancellation fee of 50 percent of the full registration fee rounded up to the next dollar amount. No refund or program transfer requests will be granted for cancellations on the day of or subsequent to the day of the program presentation. No refund or program transfer request will be granted if you have downloaded any electronic materials that have been provided for the program from which you are canceling.

Q. What are the CPE requirements for my WICPA membership? A. Non-public accounting members have an annual requirement of 15 CPE hours. The WICPA recommends you obtain 30 CPE hours because there is also a three-year reporting requirement of 90 CPE hours. Public accounting members have an annual requirement of 20 CPE hours. The WICPA recommends you obtain 40 CPE hours because there is also a three-year reporting requirement of 120 CPE hours.

Q. Is the reporting based on a calendar year? A. Yes, CPE reporting is based on attendance from Jan. 1 to Dec. 31. In addition, there’s a general extension until Feb. 28 of the following year to claim credits from the previous year. However, those credits can only be claimed in one of the years, not both.

Q. What are the reporting periods? A. Each member follows the same three-year reporting period. The current three-year reporting cycle is 2011, 2012 and 2013.

Q. What if I join the WICPA in the middle of a reporting cycle? A. There is no CPE requirement for the calendar year in which you join. New members must complete the continuing education requirement for each calendar year thereafter.

A. WICPA members are responsible for documenting their own CPE. They should retain evidence of satisfactory completion for a period of five years after the completion of the educational programs. For each CPE program completed, members should be able to document the following: • Titles and descriptions of content. • Date of each program. • Location where each program occurred. • Number of CPE credit hours.

Q. Do I have to submit this information every year? A. Yes, WICPA members are selected at random for an audit of CPE membership requirements and will be notified to report their continuing education for the reporting cycle.

Q. How can I keep track of my CPE programs? A. A benefit of WICPA membership is the ability to use My CPE Tracker. This feature will automatically record any WICPA program attended and conveniently has the option to add non-WICPA programs to keep a complete record of CPE credit hours. Visit www.wicpa.org/CPEtracker to get started.

Q. What happens if I do not meet my requirements? A. In the event you don’t complete your CPE requirements by the end of the year, please contact the WICPA CPE Department to request an extension to make up the credits in a reasonable amount of time. However, if you don’t request an extension or fail to meet your CPE requirements within your approved extension period, it will result in the loss of membership with the WICPA. If an unusual circumstance or unforeseen hardship has prevented you from meeting your CPE requirements, you may contact the WICPA CPE Department to request a waiver for the current reporting year. Each waiver request will be reviewed on a case-by-case basis.

2 0 14

KNOW SOMEONE WHO STANDS OUT IN A CROWD? The hustle and bustle of daily routines can make days and years pass by before we take a moment to reflect on colleagues who have

impacted our lives and the lives of others. those who stand out, and give back to them

Take a moment today to think about for giving you so much.

CONSIDER NOMINATING: • An exceptional co-worker. • A mentor. • Someone who sparked your passion for the profession. • Someone who shares his or her talent and gift with others. • Someone who gives back countless hours to the community or nonprofit group.

ACCEPTING NOMINATIONS FROM MONDAY, SEPT. 2-FRIDAY, NOV. 22, 2013.

9 AWARD CATEGORIES Show your appreciation today by submitting your nomination at

www.wicpa.org/awards

The continuing professional education magazine for Wisconsin CPAs.

A publication of the Wisconsin Institute of Certified Public Accountants 235 N. Executive Drive Suite 200 Brookfield, WI 53005 www.wicpa.org

Voit & Hamilton, LLC SEC Registered Investment Advisory Firm

Voit & Hamilton, LLC is a private investment management firm that develops well-constructed, balanced client portfolios. â&#x20AC;˘

Portfolios are constructed by selecting individual stocks and fixed income holdings

â&#x20AC;˘

Disciplined management of portfolios that control risk and meet client objectives

We believe our low cost, tax sensitive, attentive portfolio management is highly valued by the CPAs who recommend our firm. Please call to request an informational packet or to speak to our portfolio manager, Todd Voit. Referrals are welcomed. Upcoming WICPA presentation:

Voit & Hamilton, LLC 235 N. Executive Drive Suite 240 Brookfield, WI 53005

Investment Process Basics including Economic and Portfolio Management Theory Refreshers for the CPA

Phone: (262) 784-2775 Toll-Free: (800) 727-8119

credits: 33 November 15, 2013 Location: Crown Plaza (Wauwatosa) CPE CPE Credits:

CPE CLASSES AVAILABLE ON-SITE AT YOUR LOCATION