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All accounting and financial professionals need to be aware of recently issued and proposed standards from the Financial Accounting Standards Board (FASB) and AICPA. Participants will apply the changes and discuss issues surrounding the latest developments in accounting, auditing, preparation, compilation and review pronouncements and proposals.
The digital age has heralded explosive growth in the amount of sensitive data and financial information that is created, stored and transmitted on computers and mobile devices and across the Internet and broadband. The very same technological advancements that have defined our times also pose threats to personal privacy and security, and serious potential liability to businesses that fail to take appropriate measures to protect personal information. This presentation will address the variety of regulations arising in this area – from local to federal, to international – and the processes that business should undertake to become compliant. We will also cover the key measures that individuals should implement to safeguard the privacy and security of themselves and their families.
The new tax law created a challenging busy season for both taxpayers and CPAs. This session will dive into the tax law changes, including how they're affecting business owners and what CPAs can do to prepare their clients for next year. Topics include income tax issues, mergers and acquisitions, SALT and estate and gift planning. We will also cover the final regulations issued for Section 199A, pending legislation at the state and federal level, new valuation case law and the recent Supreme Court ruling in Wayfair, including how this landmark case has affected businesses and accountants.
Learn about new and proposed accounting and auditing standards and how they will impact nonprofit (NFP) entities and their auditors. Topics include the Financial Accounting Standards Board (FASB) guidance and projects specific to NFPs, other FASB guidance and projects that will impact NFPs and their auditors, AICPA accounting and auditing activities and a brief single audit update.
More than 75% of accountants have little or no knowledge of blockchain technology. However, blockchain and other technologies are radically changing the accounting industry and what it means to be an accountant. In this session we will explain what these technologies are, how they work and how they are shaping the accounting industry. We’ll also discuss the opportunities these technologies present to your firm and how you can harness them to stay competitive and grow.
With cannabis companies springing up throughout the Commonwealth, the chances are likely that one of your clients is already involved in the industry, whether directly or indirectly. In this session, we’ll discuss how these businesses are structured, what issues you need to be thinking about if you have a cannabis company as a client – or if your client is a landlord or investor in a cannabis company and how the industry is rapidly evolving.
Regarded as one of the profession's top thought leaders in Massachusetts, Pitter will draw on her extensive professional insights and experience to address the issues at the forefront of accounting. She will tap into larger-scale issues affecting the industry, including staffing, globalization and technology and discuss what firm leaders should start doing now to get ahead of impending changes and reach new success.
This seminar qualifies for the Workforce Training Express Fund program. The course code for this program is 1119660 Click here for more details: https://www.mscpaonline.org/cpe/training_fund