MACPA Statement // October 2017

STATEMENT MACPA’S

OCTOBER 2017

WHY ACCOUNTANTS NEED TO GET A GRIP ON BLOCKCHAIN Page 4

ALSO INSIDE

Ten steps to consider taking after the Equifax breach Page 12

Maryland Association of Certified Public Accountants, Inc.

The benefits of being proactive with decisions on aging Page 32

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CONTENTS October 2017 | Maryland Association of Certified Public Accountants, Inc.

CHAIR’S COLUMN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 FEATURES Why accountants need to get a grip on blockchain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Will CPAs survive the rise of the machines? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 New e-books offer steps toward future-readiness for CPAs, finance professionals . . . . . . 9

DEPARTMENTS News & Views . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Public Practice . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Business & Industry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 Financial Planning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 High-Tech Solutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38 Young Professional Council . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43

MEMBER NOTES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 CLASSIFIEDS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 UPCOMING EVENTS & COURSES. . . . . . . . . . . . . . . . . . . . . . . . . . 48 ADMINISTRATION Pam Bartoshek pamb@macpa.org Amy Stumme amy@macpa.org COMMUNICATIONS Edith Orenstein edith@macpa.org Bill Sheridan bill@macpa.org FINANCE

Debbie Zizwarek debbie@macpa.org

Dee Sullivan dee@macpa.org

Wallace Boston, Ed.D., CPA, CGMA, CMA

WE WANT TO HEAR FROM YOU!

Emily Trott emily@macpa.org

Mark Cissell, CPA

See below to submit content

TECHNICAL SERVICES Cora Edwards cora@macpa.org

Ryan Wey ryan@macpa.org

MaryBeth Halpern marybeth@macpa.org

Rebecca Zimmerman becca@macpa.org

PROFESSIONAL DEVELOPMENT Natalie Atonakas @macpa.org

J. Thomas Hood III, CPA tom@macpa.org

Samantha Bowling, CPA, CGMA Vice Chair

MEMBER SERVICES

Amy Puente amyp@macpa.org

Ray Speciale, Esq., CPA Secretary/Treasurer

Lauren Baker lauren@macpa.org

Laura Dorsey-Shaner laura@macpa.org

Lisa Cines, CPA Immediate Past Chair

Rebekah Brown, CPA rebekah@macpa.org

Terri Smith terri@macpa.org

DIRECTORS

PRODUCT DEVELOPMENT

Krislyn Suljak krislyn@macpa.org

OCTOBER 2017

Jennifer Stevens jennifer@macpa.org

SENIOR STAFF

OFFICERS

Chris Dougherty chrisd@macpa.org

Akesha Brown akesha@macpa.org

Andrew Page, CPA

MACPA EXECUTIVE DIRECTOR

Kenneth Kelly, CPA, CGMA Chair

Laura Swann, CPA lauras@macpa.org

Keith Parker, CPA

2016-2017 BOARD OF DIRECTORS

Pamela C. Devine pam@macpa.org

Margaret DeRoose margaret@macpa.org

Robert Jirsa, CPA

Christina Aspell, CPA Raj Bhaskar Avonette Blanding, CPA

MACPA DEPUTY EXECUTIVE DIRECTOR Jacqueline E. G. Brown jackie@macpa.org DIRECTOR OF FINANCE AND ADMINISTRATION Skip Falatko, CPA skip@macpa.org

Bill Sheridan | MACPA Dulaney Center II 901 Dulaney Valley Road Suite 800 Towson, MD 21204 FOR CONTENT SUBMISSION: bill@macpa.org feedback@macpa.org TO ADVERTISE IN THE STATEMENT: AmyP@macpa.org AmyM@macpa.org P: 410.296.6250 F: 410.296.8713 Toll free: 800.782.2036 The MACPA reserves the right to edit all submissions for grammatical style and / or length.

Statement of fact and opinion are made by the authors alone and do not imply an opinion on the part of the officers or members of MACPA. The Statement is published four times a year by the Maryland Association of Certified Public Accountants, Inc. Bill Sheridan, Editor Amy Moran, Advertising Sales

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CHAIR’S COLUMN

IMAGINE THE POSSIBILITIES...

AND REIMAGINE THE PROFESSION

BY KEN KELLY, CPA, CGMA

CONSULTANT, KK ADVISORY, LLC

Disruption is everywhere. Technological advances, the changing demographics of the workplace, legislative and regulatory minefields — these are but a few of the changes that are making our world increasingly complex and chaotic.

“Futurist Ray Kurzweil says that with today’s rate of innovation, the 21st century won’t bring 100 years of progress; it will bring 20,000 years of progress and a world we literally cannot yet comprehend,” the AICPA states. “(It will be) a world shaped by robots and artificial intelligence that drive seismic shifts in society, that help us live longer and reimagine the skills we’ll need to succeed.

Already, it’s challenging our concept of work, introducing new risks, and creating a maze of regulatory complexity. We must ask: What new services will clients demand to meet their next challenges?

How will firm and corporate business models need to evolve? What does the world of audit and finance look like in the years to come?

“We have an obligation to the generations that follow to consider these questions,” the AICPA continues, “to untangle this web of uncertainty and complexity.”

It goes deeper than that, though. That web of uncertainty and complexity is beginning to envelop the entire accounting and finance profession … and forcing those at the helm to make some tough decisions about its future.

Let’s start with the flow of talent into the CPA profession. It’s not advancing as fast as the accounting profession as a whole.

Enrollments in accounting programs at

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American colleges and universities remain at near-record levels, with about 82,000 students graduating each year. Fewer than half of them, though — just 40,000 per year — take the CPA exam each year, and of those, only 26,000 pass the exam. That means only about one of every three accounting graduates this year will become a CPA. The 56,000 graduates who don’t become CPAs will join an accounting ecosystem that is growing significantly in specialized areas outside of the core CPA functions.

Qualified professional accountants — nonCPA tax preparers, financial advisors, and other accountants — outnumber CPAs by more than 3 to 2, and qualified finance and management professionals — management analysts and financial managers, for instance — outnumber CPAs by almost 2.5 to 1. As more accounting graduates enter the workforce without taking the exam, those ratios are increasing.

Numbers-wise, the future of accounting and finance looks bright, but the CPA slice of that pie, while bright, is shrinking.

The profession, though, is responding.

The Maryland Association of CPAs, for instance, is redoubling its efforts to fill our profession’s talent pipeline with the best and brightest young professionals. Our annual Student Leadership Academy is designed to introduce accounting students to life as a CPA and give them some tools and resources that will help them take some early steps toward becoming leaders in the profession.

And the American Institute of CPAs, of course, has already taken steps to

strengthen the profession by harnessing the power of the Chartered Global Management Accountant, or CGMA, community via its joint venture with the Chartered Institute of Management Accountants.

We’ve got challenges, to be sure. Our profession is facing its fair share of change and complexity — just like every other profession on the planet. Hiding from it won’t make it go away. Our only hope is to heed best-selling author Jim Collins’ advice and face “the brutal facts of our reality” head-on.

That’s what the MACPA is doing. We’ll continue to search for solutions that will serve our members, help them better serve their clients, and ultimately make the profession stronger and more future-ready.

“The challenge,” as the AICPA states, “is to not only imagine the possibilities, but to reimagine the profession and ensure that we continue to drive prosperity, opportunity, and trust.”

We’ll need your help to do that. Inform yourself. Attend our town hall meetings and learn more about the issues that are impacting you and your profession. Join us at CPA Day in Annapolis and help us advance our profession. Consider joining our team of volunteers. Make your voices heard. The more CPAs who join the effort, the stronger our profession becomes.

The MACPA is here to help you thrive, and to help your profession grow stronger and more relevant in a changing and complex world … because despite all of this disruption, CPAs and CGMAs matter.

STATEMENT

Why accountants need to get a grip on blockchain

BY LOU CARLOZO

By strict definition, blockchain is a global digital ledger of economic transactions that is transparent, continually updated by countless users, and considered by many as almost impossible to corrupt or hack.

But in the broader sense, blockchain is also a lightning rod for highly charged opinion, confusion, and even fear. Some argue that blockchain will completely transform finance, accounting, and auditing. Others are decidedly more circumspect regarding its impact. And a certain segment is nervous, not knowing whether blockchain will make portions of the accounting profession

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obsolete – perhaps large ones, specifically as it relates to the current audit and tax practices focusing on compliance.

“I don’t think it is going to cut our profession out,” L. Gary Boomer, CPA / CITP, CGMA, former CEO of Boomer Consulting and now the company’s strategist and visionary, said in an interview. “But one of the things we have in our profession is the Rube Goldberg machine: A lot of processes that maybe don’t add value. If you’re not adding value, you’d better figure out how you’re going to provide value in the future.”

STATEMENT

Boomer, who is based in Manhattan, Kan., gave a presentation on blockchain at the recent American Institute of CPAs ENGAGE conference in Las Vegas. He covered a topic that might seem intimidating given that blockchain is not only new — less than 10 years old — but also enigmatic even for the most intelligent finance professionals. “There’s much of it that is different, complex, and hard to understand with current mindsets,” Boomer said.

We need to know the right questions to ask: Where is this going to have the greatest impact on the accounting profession, and what is the timeline of that?

There’s also the misconception that blockchain will smack the financial world with an immediate, tsunami-like force. “This is more of a transformation, and we are in the early stages of it,” Boomer said. “We need to know the right questions to ask: Where is this going to have the greatest impact on the accounting profession, and what is the timeline of that?”

As to the timeline part, blockchain’s ascent continues to accelerate.

“No one was talking about it before 2008,” Boomer said.

“Then, in 2013 we started to see the rise of bitcoin, a blockchain consortium in 2015, and proof of concept in 2016.” He expects that blockchain may begin to replace legacy accounting systems around 2023, “and by 2025 it will be widely accepted.”

As far as the impact it will have, much depends on how finance professionals educate and position themselves during the runup. Boomer stressed that once CPAs understand the basics of blockchain, they can move toward learning how to harness it.

“It’s going to provide opportunities if we have the right mindsets, skillsets, and tool sets,” he said.

To that end, Boomer highlighted a number of crucial concepts that help explain blockchain and give insight into its value propositions for the accounting profession.

1. Blockchain is secure and immutable While everyone thinks of the internet as public, blockchain protects transactions and increases the security and privacy,” Boomer said. In theory, it cannot be hacked because that would require overpowering all the computers that contribute to and update the ledger network – a feat akin to hijacking the entire internet.

2. Think of blockchain as the ‘internet of value’ As opposed to focusing on the exchange and transmission OCTOBER 2017

of information, the internet of value centers on transactions.

That concept also gives a clue to where blockchain’s impact on accounting will be felt first.

Boomer related that “the big questions I always hear and that most practical CPAs have is, ‘What’s the killer app, and what’s going to happen first?’” He believes the first movers will be in accounts payable and receivable, with either intercompany transactions or client-customer transactions. “It will verify the payment, the dates, and there will be no question that the buyer sent the payment. Buyer and seller have to collaborate, so as a result there’s no confusion. Blockchain is built on trust, and we need more trust in transactions.”

3. Blockchain data will create new business opportunities Boomer noted that because the speed of transactions on blockchain is increased significantly, “this has value for the audit, which is typically performed months after the fact. It will be faster and cheaper, but I don’t think auditors should throw in the towel.”

Instead, they will need to develop a more data-centric approach.

“They have to be more involved with the data and use it with a forward rather than historic perspective,” Boomer said. “The result is a higher-valued service.”

4. Studying up on blockchain will pay off Boomer says finance professionals must make time now to learn all they can about blockchain. He recommended Don and Alex Tapscott’s book Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World. Don Tapscott has also given a popular TED talk on the subject (https:// goo.gl/358xzJ), now seen more than 1.6 million times. The Big Four accounting firms, he added, have also released white papers and studies on blockchain that are worth seeking out.

Accountants who get a grip on blockchain today will be the ones who successfully pivot their services tomorrow.

“Banks are an incumbent that could lose business to blockchain, so they’re looking for ways to reduce the cost of their transactions and protect their turf,” Boomer said. “Accountants need to do the same — to not only protect the brand and its reputation, but look for ways to offer new services.”

In the meantime, take heart that many of your peers are still trying to fully wrap their heads around blockchain — including Boomer.

“I’ve spent a ton of time studying blockchain the last three years, and it’s about getting connected to the right resources,” Boomer said. “We’re all learning. When you couple the blockchain with a cryptocurrency, artificial intelligence, the Internet of Things, smart contracts, and robotics (automated processes), the possibilities increase exponentially.”

Lou Carlozo is a freelance writer based in Chicago. To comment on this article or to suggest an idea for another article, contact Jeff Drew, senior editor, at Jeff.Drew@aicpa-cima.com or (919) 402-4056.

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Will CPAs survive the rise of the machines?

Withum’s Ed Mendlowitz: ‘Technology won’t replace CPAs. It will increase our ability to serve our clients’ B Y E D I TH O R EN STE IN Some in the accounting profession fear the onslaught of changes in technology as a threat to their jobs and livelihoods.

Not Ed Mendlowitz.

“If the future follows the trends of the past,” said Mendlowitz, a partner with Withum, the nation’s 27th largest audit, tax, and advisory firm, “the future is fantastic!”

In a recent interview, Mendlowitz, the author of regular columns in Accounting Today and CPA Trendlines and founder of The Partners’ Network, outlined paradigm shifts the accounting profession has successfully undergone and argues that the past will be prologue.

CPAs at the forefront of technology Mendlowitz, whose career spans a half-century, is a champion of technology. Specifically, he champions technology that makes jobs more efficient, not just for efficiency’s sake, but to enable tax, audit, and accounting professionals to expand into higher-level, more analytical areas.

“Across the decades, we have been at the forefront of technology,” he said of CPAs. “We are early adopters, utilizing new technology for better client service, better staff utilization, more interesting and exciting work for the staff, and lessening peripheral work that doesn’t benefit clients as much, such as keypunching.”

Mendlowitz notes that some of the largest computer consulting firms in the world were started within the Big 4 accounting firms — Accenture, for instance, which was spun off from Andersen; IBM’s acquisition of PwC Consulting; and Cap Gemini’s acquisition of EY’s consulting business. At the same time, audit firms have been beefing up their IT acumen, to be in a position to lead clients or, in some cases, keep up with the most advanced clients. In many ways, audit firms have been at the forefront of paradigm shifts in technology.

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1970s: Service bureaus, messengers, keypunching When Mendlowitz started in the profession in the early 1970s, he saw his first paradigm shift, with the advent of service bureaus that prepared tax returns.

“We went from doing tax returns completely by hand to filling out input sheets, sending them by messenger every day to the service bureau,” he said. “Three days later, they would deliver finished returns.”

CCH was among the early service bureaus.

Rather than taking away business from accountants, the service bureaus – for a fee – freed up a great deal of time for accountants so they could increase the volume of returns they filed or take on more complex returns. The cost-benefit equation may have differed for different-sized CPA firms but added another tier of quality and consistency.

1980s: PCs, VisiCalc The 1980s ushered in personal computers and, importantly, VisiCalc: a pre-Lotus, pre-Excel spreadsheet program.

“Before VisiCalc, the only people using personal computers were viewed as computer geeks,” said Mendlowitz. “Starting in 1980, it was accountants who started using PCs, making them a usable tool for business.”

Mendlowitz pointed out that although the largest firms have more resources to invest and are sometimes early adopters, they may then remain tied to an existing investment and infrastructure, rather than moving as quickly to an emerging technology. As such, it is sometimes smaller firms that take the first step when new technologies are introduced.

STATEMENT

“In 1982, I woke up one day and said, ‘Something is happening and I’m not a part of it,’” said Mendlowitz. “I bought a Kaypro computer for $2,500 with a printer, everything you needed, with two floppy drives and 64B memory, and its own operating system.

It weighed 30 pounds – but it was portable!” He remembers taking it home, and one of its first uses was working out batting averages with his children, then 6 and 9 years old. The program took a half-hour to run recalculations.

When software was developed that could be run on PCs in an accountant’s office to do tax returns, toward the late 1980s and early 1990s, almost every small firm was doing tax returns in-house, in many cases removing use of the service bureaus.

Large firms also had their own in-house programs.

Another major paradigm shift accountants have successfully undergone, noted Mendlowitz, is in research, moving from relying solely on paper-based research sources (such as the binders from CCH, RIA, BNA, and other companies) that indexed tax laws. He recalls when he started his original firm in New York City, a librarian came in once a week to update the tax binders, replacing outdated pages with new inserts. The switch to Internet-based or cloud-based research, for tax law as well as accounting and auditing standards, has largely gone smoothly.

The aforementioned services are now available in the cloud, as are programs like Accounting Research Manager and private-label programs offered by accounting firms.

1990s / 2000s: QuickBooks, GruntWorx More seismic shifts came to the way accountants do their job in business and industry, with the introduction of Intuit’s QuickBooks program, empowering individuals and businesses to automate their general ledgers and tie them to the transaction-level through the checkbook. The elevated level of automation allowed auditors to do higher-level audit functions. Although this may have eliminated jobs of certain accountants, the call for accounting professionals in business and industry and in audit and tax has remained high.

Initially, QuickBooks took some getting used to, even for CPAs. “I would go to a client who had QuickBooks, and I hated everything about it,” said Mendlowitz. “I ended up loving it.

QuickBooks is fantastic and totally replaced what small accounting firms used to do.”

Mendlowitz speaks of a friend, a sole practitioner, who is afraid QuickBooks will put him out of business.

“I said, ‘You don’t know what you’re talking about. There’s more work for us now – it’s different work,’” he said. “We still need to analyze trends and prepare compilations and reviews to go to the bank. We need to check bank (reconciliations), make sure they are entering everything properly. There’s a need for us.

While the amount of time is reduced, the hourly rate has gone C O NTI NU E D O N PA GE 8

OCTOBER 2017

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up. QuickBooks has eliminated writeup work but opened up time for analytical and auditing, and for checking internal control.

And for smaller companies where you’ve eliminated staff, there’s less segregation of duties, which means there is a need for more internal control.”

Mendlowitz said his firm uses a program called GruntWorx, which allows firms to scan in tax information for clients. The return comes back a day later, with all the original documents in order as part of the PDF. Described as a “smart scanner,” GruntWorx takes the grunt work out of preparing tax returns, thereby saving time, but there is still an expectation that accountants will perform quality control on the output.

Cloud-based, paperless filing systems came into their own in the 2000s. Data analytics programs, programs to mine and analyze Big Data, software-as-a-service (SaaS) and everything-as-a-service (XaaS) were not far behind.

Today … and tomorrow: A.I. Through all these paradigm shifts, accountants have not only survived but thrived.

The short answer is, “No.” Mendlowitz believes there will always be a role for accountants, above and beyond that which technology and automation — even A.I. — can provide.

“Accountants are the trusted advisor because we know the most about our clients of any outside professional,” he said. “We are the first person they call when they have a problem or want to do something. We apply our knowledge and experience, including our knowledge of the clients and their personalities, how they feel about things, how they reflect. There is a very big psychology aspect to accounting — hand-holding, so to speak.”

Case in point: Mendlowitz has had clients tell him they are getting divorced before they even tell their spouse. “They ask me, ‘What should I do?’” he said. “The client tells their spouse, ‘Speak to Ed, he’ll tell you what to do.’

“No technology can replace our role as the trusted advisor, which has been earned by every single person in the profession today, and every single person before us,” Mendlowitz said. “Technology won’t replace CPAs. It will increase our ability to serve our clients.”

Edith Orenstein is the MACPA’s associate editor.

But does Mendlowitz feel differently about the advent of artificial intelligence? Has the CPA profession finally met its match?

Meet with us & get a free video to promote your firm.

TABITHA SMITH | 410.828.4286

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STATEMENT

New e-books offer steps toward future-readiness for CPAs, finance professionals Publications from Maryland Association of CPAs, Business Learning Institute available free for download BILL SHE RIDA N , CAE

With new technologies poised to redefine the world of finance, one of the most important skills accounting and finance professionals can own today is futurereadiness — the ability to be aware, predictive of, and adaptive to emerging trends and technological innovations.

The Maryland Association of CPAs and its learning and innovation center, the Business Learning Institute, are bringing that skill to the masses.

The organizations have released a pair of e-books that will help accounting and finance professionals become more future-ready.

•

•

Get Ready for the Fast Future: Five Steps Toward Building a Future-Ready CPA Firm is aimed at CPAs who work in public practice.

Human Work in the Age of Machines: Five Steps for Building a Future-Ready Finance Team is aimed at accounting and finance professionals who work in business and industry.

The e-books describe “five strategic and practical steps that anyone can do to become a future-ready CPA or finance professional,” said Tom Hood, CPA, CEO of the MACPA and the BLI. “The guidance applies to every role in any OCTOBER 2017

firm or organization. These five steps, applied through the lens of your particular expertise and experience, are what can help you anticipate change and prepare for it. It’s a new set of eyes and a new set of tools that only you can bring alive in your context of where you are professionally.”

Those tools couldn’t come at a better time.

Art Bilger, a venture capitalist and expert at the Wharton School of Business, says technological advances will help eliminate 47 percent of the jobs in all developed nations in the next 25 years — that’s bluecollar and white-collar jobs. Moreover, says The Economist, “no government is prepared” for that level of job loss.

Other studies aren’t quite that alarmist, predicting that more jobs will be significantly altered than eliminated. Still, that change will be extreme. A McKinsey Global Institute study predicts that at least 30 percent of the activities in 60 percent of all occupations can be automated over the next decade, from welders to gardeners to CEOs. One way or another — complete automation or partial — our jobs are about to change.

“How will the disruptive forces of technology and automation affect your organization and career? This is the most important thing for CPAs and finance professionals to pay attention to right now,” said Hood. “Forces of change aren’t something that we can or should fight. We’re not going to slow down change. We’re not going to make technology obsolete. What we can do is be ready for it. We can put ourselves in a place where the future helps us, not hurts us. That’s what being a future-ready finance professional is all about. Don’t fight change; leverage it, for the benefit of your career and organization.”

The e-books can be downloaded for free from the Business Learning Institute’s website. They are accompanied by an online quiz that will gauge readers’ futurereadiness and provide access to additional resources that can help them become even more future-ready.

Download the whitepapers here: •

•

Get Ready for the Fast Future: Five Steps Toward Building a Future-Ready CPA Firm – futureready.blionline.org.

Human Work in the Age of Machines: Five Steps for Building a FutureReady Finance Team – futureready. blionline.org/finance.

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NEWS & VIEWS Two CPAs honored as Maryland’s ‘Women to Watch’ 2017 B Y B I L L S H E R IDA N , CA E Two outstanding business leaders have been honored by the Maryland Association of CPAs as Maryland’s “Women to Watch” for 2017.

Lisa Blackmore, CPA, MBA, a partner with Squire, Lemkin + Company, LLP, has been honored in the “Emerging Leader” category, while Faye Miller, CPA, a partner with RSM US LLP, has been honored in the “Experienced Leader” category.

Launched in 2014 by the American Institute of CPAs, the awards highlight the accomplishments and contributions of women in the CPA profession and demonstrate to emerging female leaders that success is not out of reach. “(Women) are leaders in our communities, homes, and in business,” said Kimberly Ellison-Taylor, chair of the AICPA’s Board of Directors, a former chair of the MACPA’s Board of Directors, and an executive director in Oracle’s Global Industry Solutions Group. “As leaders, we work hard every day to improve our credibility, capability, and our commitment to excellence. Our nominees are an indication of that excellence.

“Emerging Leader” winner Lisa Blackmore, CPA, MBA (center), is shown with, from left: AICPA Chair Kimberly Ellison-Taylor, MACPA Chair Ken Kelly, immediate past MACPA Chair Lisa Cines, and MACPA Executive Director Tom Hood.

“As women, we bring a rich perspective and mastery of success skills that are essential to every organization,” added Ellison-Taylor. “There will be people who may think that I will bite off more than I can chew, but I would rather choke on greatness than nibble on mediocrity.”

“We are incredibly proud of this year’s winners — indeed, of all the leaders who were nominated for this year’s awards,” said MACPA Executive Director Tom Hood, CPA. “They represent the best this profession has to offer, and they serve as role models not only for other women in the profession, but for every accounting and finance professional on the planet.”

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“Experienced Leader” winner Faye Miller, CPA (center), is shown with, from left: MACPA Chair Ken Kelly, AICPA Chair Kimberly Ellison-Taylor, immediate past MACPA Chair Lisa Cines, and MACPA Executive Director Tom Hood.

STATEMENT

NEWS & VIEWS Here’s a closer look at the winners and nominees in each of the two “Women to Watch” categories: EMERGING LEADER This year’s winner is: Lisa Blackmore, CPA, MBA, a partner with Squire, Lemkin + Company, LLP, in Rockville. Lisa started at Squire, Lemkin + Company in 2004 after earning her bachelor’s degree in accounting from Mount Saint Mary’s University. She completed her MBA and earned her CPA license shortly thereafter. Lisa was named partner at Squire, Lemkin + Company in January 2015 and has developed a tax practice that focuses on individual and high net-worth individuals and professional service firms. She lives on a small farm in Frederick, Md., with her husband and two young daughters.

Other nominees in the Emerging Leader category were Christina Bennett, a CPA in the Annapolis / Arnold area specializing in business accounting and tax preparation; Rivka Bier, CPA, MST, a senior manager at Hertzbach and Company; Rachel Seymone Ellis, CPA, a senior associate in KPMG’s audit practice; Marian Harvin, CPA, a controller at Glass Jacobson Financial Group; Savedra Scott, CPA, president and founder of Savvy Financial Solutions, Inc.; and Brittany Sullivan, CPA, a tax senior manager at RSM US LLP.

AICPA’s Accounting Standards Executive Committee and the AICPA’s Revenue Recognition Depository Institutions industry task force. She is a member of the United Way of Central Maryland Leader’s United and is active in community initiatives for women and children..

Other nominees in the Experienced Leader category were Nancy Buckley, CPA, a partner at Hertzbach and Company; Michelle Chopper, CPA, who provides asset manager clients with customized solutions to respond to critical business needs; Jina Etienne, CPA, CGMA, a principal consultant with EtiennePartners in Silver Spring, Md., and former president and CEO of the National Association of Black Accountants; Debby Hallett, CPA, who manages performance analysis group at Arthur Bell CPAs; Sylvia Lagerquist, CPA, president of Haines & Lagerquist CPAs; Kimberly Mustard, CPA, CGMA, a shareholder with HCF&L; and Kathy Raffa, CPA, president of Raffa, P.C.

following strategic partners: Platinum Sponsors: • AON • Kelly Benefits • SIG • XCM • Xero Gold Sponsors: • Del Pino-Rivera CPA • Garbelman Winslow • KPMG • OpHaus Silver Sponsors: • Arthur Bell • Arthur Ellis • Hertzbach • Ellin & Tucker Chartered • RSM • Squire, Lemkin + Company Bill Sheridan, CAE, is editor of The Statement and chief communications officer for the Maryland Association of CPAs.

The 2017 MACPA “Women to Watch” awards were made possible by the

EXPERIENCED LEADER This year’s winner is: Faye Miller, CPA, a partner with RSM US LLP. Faye has nearly 30 years of experience in public accounting, including client service and office managing partner roles. As a partner in the national office of RSM, she is a lead subject matter expert on complex financial instruments and is charged with identifying and developing talent, publishing accounting guides and whitepapers, speaking as a firm expert at conferences and on webcasts, and developing and presenting internal training. Faye served on the OCTOBER 2017

The 2017 “Women to Watch” nominees and dignitaries, from left: Rachel Ellis, MACPA Chair Ken Kelly, Faye Miller, Lisa Blackmore, Christina Bennett, Brittany Sullivan, Kimberly Mustard, Marian Harvin, Debby Hallett, Michelle Chopper, Nancy Buckley, Savedra Scott, Jina Etienne, and AICPA Chair Kimberly Ellison-Taylor. Not pictured are Rivka Bier, Sylvia Lagerquist, and Kathy Raffa.

11

NEWS & VIEWS Ten steps to consider taking after the Equifax breach B Y C H R I S B E N SON , CPA , P FS By now you’ve likely heard about the massive breach of confidential information that occurred at the credit reporting agency Equifax. Millions of individuals’ personal information, including Social Security numbers, addresses, and in some cases even driver’s licenses, were exposed. While we have seen a number of security breaches in recent years, this is likely the largest and the most disturbing, given the information the credit reporting agencies have.

We know many of you are rightly concerned about this, and there are some steps you can take to help protect yourself. Some of these steps will be a pain to implement, but unfortunately this is the price we pay for the convenience of living in the modern world.

I should stress that I am not a security expert, nor do I pretend to be one. I spent a lot of time digging into this topic and the potential steps you can take, but these are just my opinions. None of the steps I outline below will guard you 100 percent against potential identity theft. These are simply the steps I went through on my own, along with commentary on why I did or did not take each action. Hopefully this will help you as you think through the steps you should take: 1. I did NOT enter my information on the Equifax site to find out if I was impacted. Call me a skeptic, but I was not eager to enter additional information on the Equifax website just to find out if I might have been impacted. There were countless stories about people entering in false names / SSN information and being told they “might have been impacted.”

I’d rather just assume I was impacted and proceed with caution.

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2. I did NOT enroll in the TrustedID credit monitoring service that Equifax is offering everyone for free for 12 months. First, as mentioned above, I’m a little leery of trusting a company owned by Equifax right now. Second, my understanding is that credit monitoring services don’t actually prevent someone from using your identity; they just alert you to potential fraudulent activity. Third, after the free 12-month period is up, you’ll need to pay Equifax to continue using the service and you might even be auto enrolled when your term expires. So while this is a feasible, free, simple option that can be used to help protect you for the next 12 months, I chose a different route.

3. I did NOT sign up for fraud alerts, but this is definitely one path I would recommend you taking if you decide against the action I took in No. 4 below.

You can put a fraud alert on your identity at all of the major credit reporting agencies just by submitting a free claim at any one of them. You can do this easily online at Experian or Transunion. This alert means that all four major credit agencies will have a note on your account to go through extra precautions to verify your identity before approving any credit applications for 90 days. They are not legally required to verify your identity, however, so this is not a foolproof method. It also expires after 90 days, but you can continue to place new fraud alerts every 90 days, indefinitely, for free.

4. I DID freeze my credit (and my wife’s — don’t forget your spouse. They need to be done separately). This sounds scary at first, but all it really means is that credit agencies cannot release your credit information to anyone. It has no impact on your current accounts or loans

and does not impact your credit score.

This will obviously cause problems if you apply for a loan or a new credit card, and it could also cause issues with other credit requests, such as signing up for utility service or applying for a new job.

However, if you freeze your credit and then decide you need to gain access to your credit again, you can “thaw” the freeze for a limited time or “unfreeze” your credit permanently at any time, though it might take a few days to process. So yes, freezing your credit is the biggest hassle of the three options, but it also provides the highest level of security, it is relatively low cost, and it is easily reversible. Depending on your situation, it might make sense to take this path. It should be noted this does not prevent a thief from using your existing credit card accounts and there are fees involved in freezing and unfreezing the accounts. (Typically $5 per credit agency in Maryland, although only one charged me.) Here are the numbers / websites to freeze your credit at each of the four major credit agencies: • • • •

Equifax: Call (800) 349-9960 or visit https://goo.gl/tiK8ST. Experian: Call (888) 397-3742 or visit https://goo.gl/pfuJzz. TransUnion: Call (888) 909-8872 or visit https://goo.gl/uBjc3F. Innovis: Call (800) 540-2505 or visit https://goo.gl/DXprnD.

5. I DID go online and check my credit card accounts to make sure there weren’t any fraudulent charges. I check these accounts regularly and recommend everyone does the same.

6. I DID change the passwords on each of my financial accounts and recommend you do the same. Be sure to use complicated passwords that are different for each site. As I’ve written in STATEMENT

NEWS & VIEWS the past, I use a password manager for this and couldn’t imagine living without one!

7. I DO have two-factor authentication set up on all my accounts. This means anyone trying to login with my information from an unknown computer would trigger a text sent to my phone with a code they would need to enter. It’s an additional form of security that is not foolproof, but is an upgrade from just a complex password.

8. I DO check my credit report regularly

to monitor for any unauthorized activity.

Each of the major credit reporting agencies are required to provide you with a copy of your credit report annually and you can request your free report at AnnualCreditReport.com.

9. I DID opt out of receiving credit offers mailed to my house. I didn’t even know this existed until now, but it appears you can opt out of all those credit card offers you get in the mail all the time. Hackers can sometimes intercept those mailings and apply for credit on your account. It says it could take a couple months to have

an impact, so we will see. Get details at OptOutPrescreen.com.

10. I NEVER send confidential information that includes my Social Security number or financial account information by e-mail. This is why we have a portal for clients to send us information, and we highly recommend you use it.

Chris Benson, CPA, PFS, is a principal with L.K. Benson and Company and a member of the MACPA’s Personal Financial Planning Committee.

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13

PUBLIC PRACTICE Cure your clients’ pain — and yours, too B Y D R . C H A NDRA BHA N SA LI You know that most smallbusiness clients find accounting work to be a hassle. Managing accounting is a distraction from what they love to do — growing their businesses. Few small businesses use accounting tools proactively to manage their business finances.

It’s also hard for small businesses to get competent accounting or bookkeeping staff. And you know the consequences for your firm. You spend significant time fixing the bookkeeping errors clients make.

Numerous surveys have rated this as a primary challenge accountants face.

How did this happen?

It’s the result of using popular do-it-yourself accounting software like QuickBooks – solutions created for small businesses, not for professional use. Ironically, small businesses despise doing the work that comes with those DIY solutions. In fact, 40 percent of small and mid-size business owners say bookkeeping and taxes are the worst part of owning a business.

So why recommend these DIY programs to your clients?

The response from most accountants is, “What choice do I have?”

Virtually all accounting systems on the market today (even cloudbased systems) are DIY systems. And despite knowing that most small businesses dislike them, most software providers continue to push DIY accounting systems to small businesses.

So what’s the solution?

It’s simple – eliminate the need for your small business clients to perform bookkeeping and accounting in their offices. Instead, offer them highly profitable client accounting services, including paying bills, recording transactions, performing trial balance work, creating financials, and managing their cash flow.

Accountants usually find that DIY systems aren’t appropriate for offering client accounting services to clients. You need a cloudbased professional accounting system like Accounting Power®

14

that lets your staff do what your clients’ staff currently does, only faster, better, and more accurately, without leaving your office.

What to look for Look for an accounting system that offers smooth bookkeeping workflow and eliminates the need to print checks. And for clients who continue to perform some accounting functions themselves, your professional system should let you work collaboratively with those clients, letting you customize the system for each client so they do the tasks they feel comfortable performing.

For clients who still want to write manual checks, your system should offer automatic bank feeds to help your firm perform write-up work efficiently. Also look for a solution with powerful trial balance capabilities, fully customizable financial statements, and a comprehensive dashboard and alerts so you can offer virtual CFO services.

DIY accounting solutions used to be a necessity, but you and your clients don’t have to live with their limitations any longer. By introducing client accounting services to your firm, you can grow your practice and serve your clients better.

Dr. Chandra Bhansali is co-founder and CEO of AccountantsWorld, an MACPA Preferred Accounting Solutions Provider. He can be reached at CBhansali@AccountantsWorld.com. Learn more at AccountantsWorld.com.

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STATEMENT

PUBLIC PRACTICE How the ‘financial web’ is rewiring the small business economy B Y B O R I S F O XM A N Increasingly, financial institutions and technology companies are partnering to create beautiful banking experiences for their customers. The combination of the product development prowess of these financial technology companies and the customer trust and regulatory oversight banks have mastered over the past few centuries are crucial pieces of what is known as the “financial web.”

Comprised of a network of organizations sharing financial data, the financial web helps business applications, financial services, financial institutions, and accountants connect seamlessly. Xero, a strategic partner of the MACPA, is among those who are investing heavily in the financial web. That investment has resulted in direct bank feeds, which enable financial and accounting data to flow back and forth between Xero and financial institutions. By enabling the flow of data into a small business platform like Xero, small business owners start to get a clear view of their financial position and can make more informed business decisions.

So how can accountants take advantage of the financial web?

And what do they need to learn in order to be a truly successful participant of this platform and help their small business clients put their financial data to work?

The financial web is creating a transparent, overarching platform that is reshaping the relationship between small businesses and banks. The introduction of automation and machine learning has transformed the financial industry. Traditional practices are being replaced as compliance processes are streamlined and opportunities created. This has led to the expedition of loan approval processes, meaning that business owners have the ability to access capital when they need it.

The financial web is automating some of the more routine aspects of accounting. This has freed up time for accountants and enabled them to expand their roles and offer advisory services to their clients. Their capability to provide expert financial advice and insights will enable the role of the accountant to evolve and become a truly invaluable resource for small businesses.

Although accounting technology is automating numerous aspects of accounting, accountants will always be crucial to the industry, providing vital human oversight by reviewing the financials and communicating the meaning behind them to their

OCTOBER 2017

clients. The financial web provides properly presented financials so accountants can help their clients prepare for any cash flow needs. Additionally, it provides live bank feeds that monitor the actual cash position of the business. Consequently, banks have a clearer picture of a small business’ financials and more confidence in the funds that they are loaning the business. Maintaining a clear communication line and relationship between clients, advisors, and financial institutions is essential to the success of a small business.

To be an effective participant in the financial web, it is essential to understand cloud accounting. The financial web has been designed solely for the cloud and does not cater for desktop accounting software. Accountants should be well versed in how the applications in the ecosystem are interconnected and how each application processes their information.

Maintaining a clear communication line and relationship between clients, advisors, and financial institutions is essential to the success of a small business.

In order to progress into an advisory role, it’s important to learn information systems skills and how to navigate all of the connections to ensure that the accounting results are validated and clearly presented. In order to maximize the potential of the financial web and provide small businesses unmitigated access to funds, educating and training clients and advisors alike is integral to the success of this service.

By acting as the intermediary through which accountants, financial institutions, and small businesses can all connect, the financial web can help small business and their advisors thrive.

Boris Foxman is the co-founder of National Business and Accounting Consultants and a client of Xero, which is a strategic partner of the MACPA.

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BUSINESS & INDUSTRY 3 steps to protecting your business from workplace fraud B Y A SH N O A H, CPA , CG M A Editor’s note: The following article was originally published by American City Business Journals. It is reprinted with permission.

Every few months, another major fraud investigation hits the news.

According to a new report titled Keeping Business Clean: A CGMA Guide to Countering Fraud and Corruption, by the Association of International Certified Professional Accountants, despite awareness movements and advances in legislation, fraud and corruption continue to plague businesses. The World Economic Forum estimates that the typical organization can lose an average of 5 percent of its annual revenue to fraudulent behavior.

The risk of fraud is increasing in magnitude in the current e-business environment since technology has enabled the methods of corrupt practices to evolve. Cybercrime, for example, and the multiple guises of it, including executive impersonation as well as internal cyber attacks, has become prevalent.

Fraud can have a huge impact on a business and its stakeholders, and it’s important for organizations to take steps to protect themselves. Many frauds are detected accidentally or as a result of tipoffs, catching companies off guard.

and • • •

Rationalization is difficult to address since it’s very personal, so fraud prevention is about controlling the opportunity and reducing the motivation – i.e., increasing the fear of being caught. This is achieved through two key elements: developing a culture of ethical behavior and a sound internal control system.

In terms of culture, it’s important for senior executives to lead by example and set a strong tone from the top. Developing an anti-fraud policy and asking employees to sign a code of ethics also sends a message that fraud will not be tolerated and encourages employees to identify instances where it’s occurring.

Second, it’s critical to implement an internal control system with policies and procedures designed to restrict opportunities and decrease the temptation to commit fraud.

This may include the following: • •

However, this doesn’t need to be the case. While it’s not possible to eliminate all fraud, developing an effective fraud control system, including prevention, detection and response, can result in fraud deterrence in your organization.

Fraud prevention While there is no single reason behind fraud, three factors — known as the “fraud triangle” — come together to enable it

18

are always present: The opportunity to commit fraud.

A compelling reason to do so.

The ability to rationalize why it’s okay.

•

Employee training to create awareness of what constitutes fraud.

Background screenings, which can prevent the company from hiring people who have a greater propensity to commit fraud.

Control mechanisms that divide responsibilities, also referred to as segregation of duties, such as requiring a minimum of two signatories to operate a bank account.

Fraud detection Fraud prevention cannot be 100 percent

effective, so organizations need to implement a second level of controls focusing on fraud detection. Here, keeping a close watch over fraud indicators is key.

Fraud indicators include a lack of internal controls, poor processes, and issues around transactions.

Fraud detection controls should include the following: •

•

•

Strict processes and monitoring of them. Fraud detection requires specific activities to be carried out at a transactional level in order for the company to detect anomalies. The use of technology makes this process much more effective.

Physical and electronic asset tagging.

This enables the company to track high-value assets – the threat of which may actually prevent fraud but helps the company detect and respond to fraud if it does occur.

Whistleblower protections. Employees are the main source of fraud detection and escalation. The finance function in particular plays a critical role in assessing and addressing fraud risks and occurrences, given their position overseeing company finances and assets. Guided by their code and training, they’re also prepared to be vigilant in identifying and alerting the company to fraud and corruption, and in a position to challenge information that seems suspicious. Create an environment that nurtures speaking up and provides clear routes to addressing any concerns. Whistleblower policies and hotlines give employees an easy way to provide a confidential tip-off.

CONTINUED ON PAGE 20

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BUSINESS & INDUSTRY CONTINUED FROM PAGE 18

Fraud response Finally, a response plan is necessary to deal with any fraud that is suspected or actually detected. This provides a step-by-step procedure to help contain the damage.

The plan should also detail evidencegathering procedures to facilitate informed decision-making, and make sure that any legal action can be adequately supported.

Steps may include the following: •

Conduct a thorough investigation.

You may need to use forensic accountants, depending on the type of fraud. Review evidence, conduct interviews, and take statements from witnesses and suspects. Also, maintain an investigation log that includes all detections dismissed as minor or otherwise not investigated. This is an

•

•

important tool for managing, reporting and evaluating lessons learned.

Recover the misappropriated assets.

The theft or misuse of assets could include theft of plant, inventory or cash, false invoicing, accounts receivable fraud, and payroll fraud. Recovering the assets as best as possible is a key step. Recovery may require legal action and enforcement; this action becomes a strong signal and deterrent to future fraudsters.

Report the fraud externally. A plan to report the fraud to authorities is important for compliance and legal issues. It may also be necessary to communicate with stakeholders and provide assurance that the fraud is being dealt with in an effective manner.

Unfortunately, no company is immune to fraud. However, organizations that approach the risk of fraud in a systematic manner with formal systems and procedures can help deter and effectively manage fraud when it does occur.

For more tips on how to develop an effective fraud strategy, see “Keeping Business Clean: A CGMA Guide to Countering Fraud and Corruption” at https://goo.gl/ hHxSS8.

Ash Noah, CPA, CGMA, is vice president of CGMA External Relations for the Association of International Certified Professional Accountants.

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BUSINESS & INDUSTRY 6 traits of leading finance functions Editor’s note: The following article first appeared in CGMA Magazine.

B Y SA M A NTH A W H ITE Over the past two years, regulatory changes, compliance changes, and the rising volume of data available have made the role of the finance function increasingly complex. Few organizations are able to harness the insights that could be generated from the data they hold, and getting the data into a usable, consistent format is a common challenge.

Many organizations are keen to update the finance function but have yet to identify a way to implement the new processes and technologies required to boost efficiency without disrupting day-to-day activities.

The objective for many finance teams is not to reduce headcount but rather to redeploy staff in more productive ways.

The authors of a recent report predict that in the long term, new technologies such as blockchain and artificial intelligence will see the finance function expand because more will be expected of it.

A survey by SAP and Oxford Economics explored these themes with representatives of 1,500 companies around the world.

Seventy-three percent of respondents were CFOs. Traits that make a finance leader The researchers identified a cadre of 173 leaders (11.5 percent of the survey sample) in which the finance function drives performance across the wider organization.

The researchers then studied their common characteristics.

The researchers found that six practices that set finance leaders apart also boost performance and efficiency, as well as the effectiveness of governance, risk, and compliance across the organization.

The first two are fairly straightforward: At fast-growing companies, the finance function deals with core processes very effectively and drives strategic growth initiatives. Four other key traits set them apart: They have a high profile around the business and influence in other areas: Finance chiefs are spending more time with internal clients, demonstrating the power of analysis that finance can provide, as well as how it can support strategy. In companies whose revenues rose by more than 5 percent during the past year, 83 percent of respondents reported that their finance function’s influence and visibility have increased across the organization.

Of that same group of high performers, 63 percent said finance exerts a strong influence over supply chain and procurement, and 70 percent said finance influences innovation and new product development, compared with 49 percent and 53 percent of respondents in companies experiencing lower revenue growth rates, respectively.

They adopt technology to improve efficiency: Leaders are at least three times more likely than non-leaders to say technologies such as blockchain and A.I. are important to the finance function’s current success. As automation boosts efficiency, finance professionals are freed up to focus on value-added tasks.

Real-time analytics (used to drive strategic growth initiatives) were deemed critically important or very important to the finance function’s performance by 83 percent of leaders, compared with 45 percent of nonleaders.

Eighty percent of leaders consider predictive analytics (used to improve organizational efficiency) to be highly important to the function’s success, compared with 37 percent of non-leaders.

The Internet of Things is seen as a vital component of success by 66 percent of leaders, versus 31 percent of non-leaders.

They work closely with the governance, risk, and compliance team and excel at handling regulatory change: Regulatory and compliance changes were highlighted CONTINUED ON PAGE 24

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as an area of concern in the research, and 77 percent of respondents said that these have added complexity to the finance function in the past two years.

The report’s authors suggest that leaders encourage collaboration between the finance and risk management functions by ensuring they can easily share standardized data and reporting.

They collaborate with departments throughout the organization: Collaboration is an essential ingredient in strong performance. Of the companies

represented in the survey who had zero or negative revenue and profit growth, 46 percent said an isolated finance function prevents them from achieving their business goals.

collaboration with these areas, the report suggests. This interaction may help explain why 40 percent of leaders reported market share growth over the past year, compared with 21 percent of non-leaders.

In addition to working closely with traditional partner areas of the business, such as internal audit, risk management, compliance, and operations, leading finance functions collaborate with other areas such as marketing, sales, and customer service.

Tone from the top is an important contributor. At the fastest-growing companies, collaboration between finance and other business units was driven by the company’s senior leadership.

There is a big potential payoff for

Samantha White is a CGMA Magazine senior editor. She can be reached at Samantha.White@aicpa-cima.com.

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BUSINESS & INDUSTRY Forget ROI. What’s the risk of not investing?

B Y J O SH H O O V E R When evaluating the total economic impact of various business decisions and investments, what factors do you use to determine the potential return on that investment? Is having the cash on hand the most important criteria today? What about three years from now?

Much to the pleasure of human resources professionals, there has been a significant increase in venture capital investment in the human resources technology space.

The accessibility and affordability of these solutions are capturing the attention of many CFOs, and they are evaluating these solutions with much more urgency.

Here are a few items worth considering in your decision-making process: Strategic objectives Many CFOs and executive teams have not fully realized the value of strategic HR, which leaves HR departments loaded with manual tasks and unable to drive the strategic initiatives that can impact an organization and its bottom line.

Technology can automate many manual tasks and processes. This allows the HR department to focus on what can truly make a difference from a strategic perspective.

Are your employee retention rates extremely low? A performance management and data analytics solution can identify and engage employees at risk of departure. Do you have a difficult time backfilling when a manager / director gets promoted or leaves? Maybe a succession planning solution can help develop your high potential talent? There are many strategic technology modules available that can really change the way an

OCTOBER 2017

organization manages and leverages their human capital.

Hard dollar costs vs. soft dollar savings Implementing new technology almost always comes at an additional cost, but are you taking the time to evaluate what it costs to not implement these systems? Benefits administration is a technology module that is almost required to efficiently manage an employer’s benefits processes. With an average cost between $3 and $6 PEPM (per employee per month), this technology is not cheap. But what is the cost of not implementing a benefits administration solution? Let’s do some simple math: Let’s assume annual cost of $18,000 for a benefits administration solution for 500 employees at $3 PEPM. •

•

•

Example 1: Imagine it takes 10 hours per month for someone to reconcile your medical carrier bills, and the individual doing this manually makes $24 per hour. It costs you nearly $2,900 per year just to reconcile the bills.

Example 2: What if that individual makes a mistake and does not end a terminated employee’s coverage for six months? At a premium of $500 per month, that one error cost you $3,000.

Example 3: How much time does it take to manually enter data into carrier websites for all of your employees’ coverage adds / terms / changes? How many hours does it take to go through all the paperwork, translate handwriting and ensure accuracy? Twenty hours per month? More? Let’s go with 20 for the same individual at $24 per hour. This manual work costs you $5,760 per year.

With these three items alone, your adjusted cost for a benefits administration solution has been reduced from $3 to $1.06 PEPM. The $18,000 price tag has been cut by 65

percent.

HR tech is impacting the bottom line The 2016-17 Sierra Cedar report states, “Historically, technology was viewed as a capital investment that would increase efficiencies and reduce total HR costs. ...

(Organizations) also reap greater talent and business outcomes from improved decision-making across their organization.”

With the improvement and financial accessibility of technology to manage performance, talent, compensation and more, employers are now better able to more effectively manage employees. This enables HR and managers to focus on driving higher engagement and productivity and developing your high performers.

A few years ago, as the Affordable Care Act reporting requirements were at the forefront for most companies with more than 50 employees, I was speaking with a friend at a very large organization about that organization’s plan, and my friend said they had not done much evaluation yet.

He recalled an executive team meeting in which they were talking about the costs associated with implementing a system to track their variable-hour employees.

The conversation was all about how many “hard” dollars this technology was going to cost. Finally, someone spoke up and said, “What is the cost of not doing this?”

Clearly, with ACA penalties, the fines could be in the millions of dollars for an organization that size.

Yes, technology may cost you some capital on the front end, but what is the cost of not investing in your employees?

Josh Hoover is strategic client manager with Benefit Technology Resources, a SIG technology partner. SIG is a strategic partner of the MACPA.

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STATEMENT

BUSINESS & INDUSTRY What does the agile finance function look like?

Editor’s note: The following article first appeared in CGMA Magazine.

B Y P E TE R S I M ON S, FCM A , CGM A An agile organization is fit, alert, flexible, and nimble. It is efficient, profitable, liquid, and resilient. It is aware of how the business generates value, alert to threats in the marketplace, and looking out for opportunities. It is able to develop strategies and implement them promptly. It is nimble in performance management, able to build and test ideas swiftly, and scale up quickly if they work or try something else if they fail, constantly re-allocating resources to where returns or prospects are best.

How finance functions can best support this organizational agility is explored in a new Oracle-sponsored report, Agile Finance Revealed: The New Operating Model for Modern Finance.

•

• •

To enable the wider organization to be agile, finance has to be smoothly run and have the following characteristics: • •

•

•

•

It has efficient accounting operations that are scalable.

It is able to inform strategy, because it understands how the business model works and what the drivers of value are, including the intangibles that are important to the model’s success.

It leads on horizon scanning, making sure decision-makers are alert to external developments, including new technologies or new business models, and that they have the information they need to develop a strategic response. The primary reason businesses fail is that they have neglected to address an external risk that they had long known about but had always seemed unlikely to make much of a difference over their planning horizon of 18 months or so.

It develops performance metrics and milestones to measure and manage progress to enable the business to implement new strategies and get products and services to market quickly.

It conducts dimensional analysis (by customer segment, product, channel, sales team, or whichever dimensions are relevant to the business) to provide transparency about what’s working in the business and what’s not. It identifies opportunities to optimize resource allocation, to manage risk proactively, and to innovate.

Finance transformation A new operating model for modern finance is emerging. It should enable finance to better support business agility. The key features of this new operating model are the following: •

It pioneers the use of modern technologies such as

cloud enterprise resource planning (ERP), robotic process automation, and machine learning to ensure the efficiency and scalability of accounting operations.

It provides management information on a self-service basis using business intelligence systems, including dashboards with drill-through interrogation. This enables the financial planning and analysis role to extend its remit to consider a wider range of data, including new forms of big data, and provide the analysis and insight needed to improve the business’ performance.

It centralizes experts on multidisciplinary teams to achieve economies of scale and build subject-matter expertise.

It recognizes management accounting as an important discipline that is engaged to improve decision-making and performance management.

What stage are businesses at in this transformation?

For many businesses, the transformation of finance is well under way, but few have achieved full implementation, according to a survey of 483 senior finance professionals in the United States and Canada who represent organizations with revenue of more than $200 million. The survey was commissioned for the Agile Finance Revealed report.

It is particularly interesting to note that about 95 percent of organizations represented in the survey have implemented integrated business services to some extent, 90 percent have adopted cloud technology, 84 percent have adopted artificial intelligence, and 81 percent have adopted machine learning.

When asked what the obstacles were to such a transformation, 33 percent said the organizational structure is too complex, and 26 percent said finance was unable to get the information it needs in the format required in a timely fashion. Outdated or overly complex systems proved a hurdle for 33 percent of respondents.

The biggest obstacles were related to skills, according to finance leaders interviewed for the survey, who were not necessarily qualified accountants.

• • •

Forty-two percent need more analytical skills in order to deliver forward-looking analysis.

Thirty-six percent need more multidisciplinary skills.

Twenty-three percent said finance is not recognized as having the business skills needed.

CONTINUED ON PAGE 28

OCTOBER 2017

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BUSINESS & INDUSTRY CONTINUED FROM PAGE 27

Agile finance leaders The research looked at the finance teams that had made most progress toward an agile finance model and identified the common characteristics. The research found that these agile finance leaders were much more advanced in centralizing and migrating processes to shared service centers, and were much more likely to be using cloud-based ERP and standardized reporting systems. They were also well ahead of the rest in terms of informing strategy, supporting agile implementation, and informing agile performance management.

ask the right questions of colleagues around the business, the communication skills to deliver insight in a compelling way, and the leadership and influencing skills to ensure the insights are acted on, are also essential for the future finance professional.

There was further evidence that the wider business was, in practice, more agile than others. Over the past three years, 56 percent of agile finance leaders had seen an opportunity and launched a new product (compared with 43 percent of others), and 51 percent entered a new market (compared with 35 percent). Agile finance leaders were also more likely to have identified change and taken action, launched a new digital initiative, transformed their business model, and acquired another business.

•

The survey found that among those organizations that had made most progress towards the agile finance model, 95 percent had experienced positive growth in their revenue performance over the past three years, compared to 70 percent of other respondents.

Broader skillset To serve an agile business, an agile finance function needs to develop and offer new skills. In addition to the traditional accountant’s skillset, critical thinking, relationship building, and understanding of the business model, advanced analytical skills are required.

Data management, data analytics, and dimensional analysis are increasingly important. Commercial acumen and the curiosity to

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Along with the automation of knowledge work, the following will change the accountant’s role in the near future: •

•

Mobile information: Partners around the business expect to be able to access the information they need from finance instantly, wherever they are and on whatever device suits.

Internet of Things: This will change manufacturing business models because when the products are being used by the customer, they can supply information about that customer’s usage and needs. Heavy plant manufacturers, for example, are no longer limited to an income stream based on big-ticket sales. They can receive data that enables them to provide services – such as servicing the machines or providing an ongoing consulting service on how to make better use of them. Working with a leasing company to sell machine hours would enable them to serve a different market.

Advanced robotics: Robotic process automation is already being used in finance to automate routine processes such as taking data from two separate systems and combining them in a third system.

These developments will also drive change in business models in the coming years, providing even more reason for finance professionals to be agile.

Peter Simons, FCMA, CGMA (Peter.Simons@aicpa-cima.com), is an associate technical director at the Chartered Institute of Management Accountants, where he oversees research into the future of the finance function.

STATEMENT

BUSINESS & INDUSTRY Controlled chaos: Four key strategies top leaders use to achieve high business performance B Y M I K E SA B BATIS Top leaders in tax, accounting, and finance roles across the country are managing unprecedented changes in their businesses. These changes in regulations, technology, staffing availability, and more take an enormous amount of time and focus to address.

Yet these same business leaders are expected to position their business for growth. It’s an environment rife with opportunity for errors, missed deadlines, and strained interpersonal dynamics.

“Technology disruptors are the largest drivers of change in business now and for the foreseeable future,” writes P. Scott Ozanus, KPMG’s U.S. deputy chairman and COO, in KPMG’s 2017 U.S. CEO Outlook Survey. “These technology disruptors — automation, greater use of advanced data and analytics, cloud-based tools, robotics, and A.I. — are common across all major industries, raising similar opportunities and challenges to business and operating models of the future.”

The differentiator is that these top leaders have gained control over the chaos to achieve high business performance and position their businesses for growth despite ongoing business challenges and market changes.

Unprecedented business challenges Regulation is changing and more complex.

The current administration has promised to enact a significant tax reform package this year, and even if there is no new law, tax, accounting, and finance business leaders will still have to cope with a number of changes that go into effect this year.

Businesses need to evolve as markets change, and managing business performance during economic changes

and market uncertainties can be difficult and overwhelming. Yesterday’s best practices are becoming obsolete, and tax, accounting, finance, and audit are at the center of all of it.

You have to anticipate and react to the new norm. Flexibility is a requirement in today’s dynamic business, and top business leaders need to adapt to new process requirements, manage changing resources, measure productivity, and optimize. That’s why they are bringing all processes on one platform so they can gain visibility into what’s important, get control of the priorities, meet the deadlines, and position their business for future growth.

Four strategies to take back control While the pace of business will most likely create chaos for people in business, there are ways for executives to take control.

It starts with clear consideration of a business’s people, processes, and technology. Who are your key resources?

How are they spending their time? Is there a better way to get the work done?

Strategy 1: One opportunity for business leaders to gain a competitive edge is to implement technology and processes that enable them to act on information in realtime, whether they are at their desks or at an offsite location.

productivity equals profitability, insightful data can be the key to unlocking your company’s potential.

Strategy 2: Another key tactic is to standardize processes. Again, technology can be a boon here, offering tasks and checklists that reduce compliance risks and audit concerns while building controls and sign-offs into each process that reduce errors.

Though it may seem that process can be a burden for employees, in reality the right processes save time by taking the guesswork out of day-to-day tasks. Instead of having five people doing the same task five different ways, you have consistency and, as a result, greater accuracy. Your people have the opportunity to move through tasks more quickly and focus on the more challenging, engaging, and higher-value work.

Strategy 3: Top business leaders know that human capital is key to business success. Therefore, it’s critical to balance employee workloads.

Instead of overburdening your top producers, use technology to dynamically assign work based on current and anticipated availability — according to role, experience, and expertise. Having the right person on the right project keeps things moving along and engenders an engaged and energized workforce.

With this approach, technology users can track their due dates and project status trends, managers can identify where a process struggles, and executives can see improvement trends month over month, or year over year.

Strategy 4: Last but certainly not least, top business leaders are focused on security.

In this day and age, it’s imperative to safeguard confidential client information in accordance with all laws.

Actionable intelligence provides the information you need to assess, improve, and perform at the next level. When your

Instead of relying on e-mail, which can be siloed as well as less secure, top business leaders are employing thoughtful CONTINUED ON PAGE 30

OCTOBER 2017

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BUSINESS & INDUSTRY CONTINUED FROM PAGE 29

processes and best-in-class technology to keep critical data safe. An added benefit to this approach is that they spend less time and fewer resources with this approach.

Productivity, simply enabled™ Using the right technology can jump-start a business leader’s progress on these strategies.

For example, XCM offers dynamic, realtime, on-demand visibility to priorities and responsibilities across your business, enabling you to act on information in real time. Its cloud-based technology is designed to easily standardize processes with controls and sign-offs that improve quality control.

XCM’s resource allocation module helps business leaders optimize resources, budget hours, and track activity to balance team workloads and keep things moving.

Furthermore, XCM offers qualified SOC 2 compliance and security.

Control the chaos It helps to understand the reasons chaos exists in your environment, but it’s time to systematically break through the causes by honing your focus.

If you’re ready to connect your people through process and technology, you’re in a great position to start controlling the chaos through these strategies. Easyto-use technology is available that can deliver:

Planningfor for Planning nextyear? year? next Planfor for Plan philanthropy. philanthropy.

•

•

•

•

Real-time visibility to tasks and project status, helping you empower your team to better manage their day and overall workload.

A way to track recurring and ad hoc projects in a central location, offering the visibility you need to reduce errors and missed deadlines.

Resource allocation that helps budget hours and balance team workloads to keep projects moving.

The built-in security you need to protect your client data.

Start focusing on productivity enablement technology today, and position your business for growth.

Mike Sabbatis is chief operating officer for XCM, a strategic partner of the MACPA.

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31

FINANCIAL PLANNING The benefits of being proactive with decisions on aging Editor’s note: Names have been changed to protect patient confidentiality.

B Y E L L E N S. P LATT, M E D, CRC, CC M As Sheila Martin walked down the hallway of the hospital after her mother’s emergency admission, the realization hit her hard that, had she educated herself on care options earlier, she would be in a much better position than she was now.

She was forced to make quick, seemingly rash decisions on care for her mother, that she felt ill-equipped to make. It was clear that these important decisions should not be made with a knee-jerk reaction, nor should they be made rashly or without careful thought and consideration of the circumstances. These important decisions should be made while empowered with information and with an educated knowledge base, which Sheila did not seem to have.

Whether it be understanding her mother’s medical conditions and medications, gaining knowledge on Medicare benefits, investigation of skilled nursing facilities, or seeking out options to help someone age in place, it behooves all of us to gain a better understanding of the vast array of services available … or not available, in some cases.

It is never too early to take proactive measures to educate oneself on services, resources, and professional assistance available to help families navigate longevity. Being proactive will facilitate not only better health, but better outcomes in a crisis and more options to overcome an unexpected event.

Human nature is to “cross that bridge when we get to it,” but that has proven time and time again to have negative effects on the senior and the family unit in the way of not having needed services, falling short on resources, increasing caregiver stress,

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LEARN MORE AT THE PFP STUDY GROUP Ellen S. Platt, MEd, CRC, CCM, a certified geriatric / lifecare manager, will be among the speakers at the Nov. 7 Personal Financial Planning Study Group session, titled “Beyond Finances: Supporting the Sandwich Generation.” The session will be held at the MACPA’s offices in Towson. For details and to register, visit goo.gl/FVc4ty. upsetting the family dynamic, and maxing out the family from a financial, emotional and psychological perspective.

• Planning for a crisis (although details of which may be unpredictable) is extremely important to do, as is doing an honest assessment of how well the current situation is, how sustainable it is, and how it would hold up in a crisis. Often, many more options are available to the patient when this preplanning is done.

•

Ideas of items to explore include the following: •

•

Ensuring legal documents such as advance directives and individuals identified to make health care decisions and / or financial decisions are in place.

An attorney who specializes in elder law would be a good resource for these documents and further information.

Researching care options along the continuum to know what is available in your geographic area. These may include home care, adult day care, independent senior living, respite care, assisted living, dementia or memory care, and skilled nursing facility options.

Knowing what to ask is critical during this time. Visiting facilities and doing your research will help you understand

•

•

•

•

the differences and allow you to know which ones you would go to … and which ones you wouldn’t.

Doing some financial planning to have a safety net in place to help pay for care options. Much to the surprise of many, more care options are paid privately than are paid by Medicare or other insurances.

Knowing the pitfalls of the family situation and finding a system that works within the dynamics of a family. Finding objective, impartial professionals who are equipped with knowledge and information you need to guide families through difficult decisions and focus the discussion on the needs of our loved ones.

Creating a “care village” of trusted family, friends, and professionals to be a supportive network to the individual receiving care, and allowing respite for the primary caregiver.

Having an emergency plan in place, in the event a caregiver is suddenly unavailable or weather conditions are such that a senior may be stranded without food, heat, or assistance with care needs.

Creating a system for managing medications, diagnosed conditions, and coordinating medical care.

Creating and implementing a care

STATEMENT

FINANCIAL PLANNING

•

•

plan that facilitates safety, wellness, function, and as much independence as possible. Knowing how to quickly address changes in care needs, ensure access to necessary medical follow up, and provide needed supports.

Understanding medical conditions, the pros and cons of medical recommendations or decisions, and truly understanding the wishes of our loved ones, in the event they are not able to communicate those desires at some point.

Having and knowing the resources to

intervene in a crisis. This will allow families to avoid a crisis or lessen the impact of one.

Some family circumstances are such that the primary caregiver or caregivers are trying to manage long-distance. Finding those professionals to be the boots on the ground in the family’s absence is of utmost importance.

to the volumes of information out there. I encourage you to begin your journey by sifting through the information out there, collecting resources, seeking advice from professionals, and beginning your quest to obtain solid, helpful and accurate information that will form your base for making sound, educated decisions for ourselves and those that we love.

The above list is not an exhaustive one.

It consists merely of ideas to start the conversation. These are only touching the tip of the Aging Iceberg, when it comes

Ellen S. Platt, MEd, CRC, CCM, is a certified geriatric / lifecare manager at The Option Group, LLC. She can be reached at eplatt@ theoptiongroup.net.

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FINANCIAL PLANNING For those caught in middle: Are you the ‘meat in the sandwich?’

B Y M I C H E L L E FRITSCH, P H A RM . D. Have you heard of the “sandwich generation?” Are you the meat in the middle – still finishing the child-raising and caring for aging parents at the same time?

injured, or burn out, everyone loses. I don’t mean to add to your pressure. I just want to encourage you to take care of yourself as the caregiver.

This sandwich generation is now different than it has ever been before. The older Generation X and the younger Boomer generation are now in this position. This means more dual career couples, more divorces, and generally more independent people juggling the younger and older generations.

• •

Certainly you are blessed when you have children who are nearly or newly on their own and you still have your parents. So many of us miss that opportunity.

If you do have this opportunity, it can be very challenging. Typically, there are several other things happening at about the same time.

Other changes while you’re the meat in the sandwich The sandwich phase usually comes while in your late 40s through your 60s. During this time, some other commonalities include these: • •

• •

•

You’re at the peak of your career.

Friendships and relationships are no longer made through your children’s activities.

Your own health is changing.

If you’re a woman, you’re somewhere near menopause, which brings its own health changes.

You’re thinking about your “bucket list.”

Tips for you to be the best ‘meat’ possible It is so easy to get caught up in the needs of your parents and children and to forget about you in the process. If you fall ill, get

36

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•

Sleep to maintain clear thinking and patience.

Exercise to stay healthy and strong.

Maintain a healthy diet with fruits and vegetables vs. grab-and-go fast food.

Take time off to maintain your mental health.

Resources to help you There are many resources available to help you as you help your aging parents. With the aging of the population, the numbers and types of resources are rapidly increasing.

Many types of services can assist with safely aging at home or in a place designed for safe aging. Homecare services can provide someone to help with tasks such as companionship, housekeeping, bathing, cooking, driving, and more. There are independent living communities with assisted living options when needed. There are assisted living facilities at many sizes, price ranges, and amenities.

If your parents’ home would be safer with some modifications, look for a contractor that is a certified aging-in-place specialist.

You can learn more at Goo.gl/g3CTzL. A certified aging life care manager is an expert on your local resources that can assist with healthy aging. I think of these people as one-stop-shopping for many of your questions and needs. You can learn more at AgingLifeCare.org.

Medications are often involved when someone reaches a point where they have difficulty living without assistance. That is the specialty at Meds MASH. More than 80

percent of people seen by a board-certified geriatric specialty pharmacist have a specific medication issue that we can address with your doctor to help you stay safe at home.

They provide important education about medicines and how to get the most from health care visits.

Legal and financial questions can be complex. These are elements that are easiest to address while your parents are still fully in command of their own finances. That is a good time to plan for the future in case you, your siblings, or other friends or family members will assume control of those key areas of your parents’ life. Decisions about advanced directives, power of attorney, and memorial wishes are easiest to make while your parents are fully able to make their own decisions. However, if you miss that window, these resources (elder care attorneys and financial advisors) can help guide you through each step. Here is a resource that can help you find an eldercare lawyer: NAELA.org/findlawyer.

Knowing what insurance your aging family members have is critical to effective planning.

Knowing what insurance you need for your own planning is equally important. There are numerous types of insurance available to you, but who can afford them all? How do you choose?

A team of specialists in these areas will be available to you at the MACPA PFP Study Group, “Beyond Finances: Supporting the Sandwich Generation,” scheduled for Nov. 7.

Get details and register at Goo.gl/BS2BCG. Michelle Fritsch, Pharm. D., is the creator of Meds MASH, a program that supports adults to maintain and extend their independence as they age. She can be reached at Michelle@ medsmash.com.

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HIGH-TECH SOLUTIONS Creating a remote-first culture from scratch B Y E R I C B E NSON Remote work is a constant topic of discussion and debate. What positions make the most sense in a remote context?

How do you verify whether the employee is working? What support and equipment should remote employees gain?

In reality, aren’t these questions missing the point?

I think the more appropriate question might be: How does my business change to adapt to an evolving workforce and set of professional services? One way to get a significant leg up on your competition for talent and business is to transition your thinking toward a remote-first culture.

Remote: Work or culture?

Remote work is often used as a retention method for keeping high-quality employees, but I’d like to suggest that this is a Band-Aid, much like offering more for them to stay. If your culture makes remote work an exception, then you will only be able to use it as a leverage tool on an individual basis.

Instead, I propose looking at your remote employees as the status quo. Even with a local or regional business, this allows you to capitalize on thinking that: •

•

•

Allows you to improve processes so that people who don’t have a faceto-face handoff can still communicate effectively.

Creates a culture where all employees feel included, even if they’re at home or in a remote location.

Develops technology solutions that improve the speed and effectiveness of collaboration and encourage innovative practices like real-time peer review or return “batching.”

In other words, creating a remote-first

work culture will help to drive significant improvements both in retention as well as profitability.

How can I have stellar client service remotely?

In our company, I’ve been responsible for helping us to expand our team to find the best people. We can source from the entire country to find this talent. We’ve consistently created higher value for our clients because we have the right people in the right positions.

Three elements are extremely beneficial to move from a brick-and-mortar mindset to a client-first mindset. First, you must be convinced that you will maintain the same level of client service regardless of location.

Second, you need to think about client contact as a story of all the interactions you have, not just the ones that are faceto-face. In reality, most clients would simply like you to do a great job for them. If you do, the method in which you deliver the final product may not matter as much.

Finally, building relationships is something that comes through building trust from the inside out. If you can trust someone to sit in an office to do their work, you should be able to trust them to do their work when onsite at a client or at home working.

The significant mindset shift is pretty simple – focus on client value. Discover with your clients what, when and where they want to hear from you. Then, build a culture that helps your employees try to do that with a flexibility that helps your entire company be successful.

Tracking results, not time This is a loaded topic, so I will not try to debate the benefits or detriments of value-

based billing. Instead, I would like to focus on the value of workflow and collaboration solutions to help you determine where and how work is being done. If you are working on a tax return, there is very little difference between handing this work off to someone two offices away and someone who is 35 (or 350) miles away if the communication methods are solid and online.

Focus on process improvement. As you do, you’ll find that much of the constraint is coming from WIYH — what’s in your head.

Once you start with high-quality processes, you will realize the information is available at hand to do your work. As this happens, it’s no longer as much about how long you took to get work done. It’ll be more focused on how well you got your work done. This includes an element of quality as well as efficiency.

And it doesn’t have a location tag on the work to see whether it got completed or not.

Creating an environment of connectivity Remote-first cultures have a culture of improvement at the core. If it’s not working, you’ll see it much faster than in an office, but only if you are connected in ways that promote and measure collaboration.

One of the best ways to do this is to create a cross-functional team that includes senior managers, interns or first-year employees, and talent and technology people. Look at where you spend the most personal capital.

In this group, focus on reading between the lines. Where does the “work” happen between the work? Are people talking in the hallways or the break room? What happens when big news hits the firm? Where does it go and how do people communicate? Find out how the flow goes, and work to help coordinate this flow with moves to alternate remote-friendly channels.

CONTINUED ON PAGE 40

38

STATEMENT

DON FARMER Tax Workshops THE MOST FUN YOU CAN HAVE AT A TAX SEMINAR Taxes are no laughing matter, until you attend a Don Farmer tax workshop. Using comedy and examples, these entertaining seminars review tax developments that affect tax return preparation and tax planning.

SIMULCASTS ARE ALSO AVAILABLE CORPORATE/BUSINESS INCOME TAX WORKSHOP Live Seminar - Martin’s West - Baltimore October 28 | 8:30 a.m.

MACPA.ORG/FARMERCORP INDIVIDUAL INCOME TAX WORKSHOP Live Seminar - Martin’s West - Baltimore November 10 & 11 | 8:30 a.m.

MACPA.ORG/FARMERINDIVIDUAL FEDERAL TAX UPDATE Live Seminar - Martin’s West - Baltimore December 2 | 8:30 a.m.

MACPA.ORG/FARMERFED

STRATEGIC LEARNING POWERED BY

OCTOBER 2017

39

HIGH-TECH SOLUTIONS CONTINUED FROM PAGE 38

This takes intentional effort, but in the end, firm-wide communication will be better overall.

Remote first = higher retention Creating a culture where you can pick up your “desk” and work from home permanently creates a culture of value.

Many people may not take you up on the offer, but it helps when they realize that their family life is shifting. It provides the opportunity for options with the company.

In fact, this opportunity can be used as a kick start for other similar options that

are growth minded. For example, what happens if each team member could be offered the opportunity to define a new role? One area they’d like to grow and a small amount of time to work on a project might provide you with new capabilities.

Again, the idea of remote-first culture provides you with a shift in perspective that may improve both retention and productivity.

Create a culture of continuous improvement This may seem like a shift that is not easy to even wrap your head around. The best

way to start is to ask those employees who are interested: What would you see as the value of building a company where everyone could work from anywhere?

Where could we go from there?

You’ll be challenged by the responses, but you might just find ways to work together in new ways that can help your firm grow, retain and recruit both clients and talent for the future.

Eric Benson is director of 10X Operations at Boomer Consulting.

Selling On 20% 30% 50% 80% OFF! OFF! OFF! OFF! Your Own? For Sale by Owner = Discount to Buyers. Accounting Practice Sales is the largest facilitator in North America for selling accounting and tax practices.

Our access to the greatest number of potential buyers provides you the best opportunity of matching not only with the right buyer but also obtaining the optimum price and terms.

Contact us today so we can sell your practice for what it is worth.

40

The Holmes Group Toll Free: 800.397.0249 www.AccountingPracticeSales.com bradley@apsleader.com

STATEMENT

Mast e r in g c om p l e x tax l aw fo r yo u r c l ie nts N ov e m b e r 1 3 - 1 6

TO PIC S BY DAY

Complex tax laws change constantly, and the tax strategy CPAs give their clients must change with it. The Advanced Tax Institute is for high-performing lawyers and CPAs who want to bring the best advice to their clients and their firms. ATI offers in-depth updates on new tax laws and regulations in a multitude of specific focus areas.

DAY 1: Current Tax Issues and Business Tax Update DAY 2: Estate Planning Issues DAY 3: Real Estate and Partnerships DAY 4: State & Local Tax Issues

m ac pa .o rg / at i MARTIN’S WEST • Baltimore

| STRATEGIC LEARNING POWERED BY

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NEWLY-LICENSED CPA

Swearing-In Ceremony November 16, 2017 • M&T Bank Stadium • Baltimore Celebrate our profession and honor its future.

An evening for all CPAs and their families to honor our profession, celebrate our success, and welcome the future. The highlight of the night is when newly-licensed CPAs are sworn in to the profession by taking their solemn professional oath.

macpa.org/celebrate

STRATEGIC LEARNING POWERED BY

BUSINESS LEARNING INSTITUTE

YOUNG PROFESSIONAL COUNCIL WHAT IS THE YOUNG PROFESSIONAL COUNCIL? The MACPA recognizes that young professionals in the first several years of their careers face unique challenges ­— passing the exam, navigating different career options and finding a place in the profession. In 2003, the MACPA created the New/Young Professionals Network to engage young accounting and finance professionals in Maryland with learning and networking opportunities designed specifically for them. In 2016, NYPN rebranded as the Young Professional Council. We hope this council format helps us to engage with more young professionals in a way that is easier for them. All events, including planning meetings, will be open to all MACPA young professionals. If you’re not sure you are on the mailing list to receive these invitations, please check the box next to MACPA Young Professional Updates on the email preferences section of your member account settings on the MACPA website.

UPCOMING EVENTS Oct. 17: Believe In Us – 2017 Mayoral Citizen Success Proclamation • Baltimore, MD Learn more at macpa.org/believe.

Annapolis | CPE: 2.0 | Governor Calvert House

COMPLIMENTARY CPE FOR MEMBERS

JANUARY 25 2018 Promoting and protecting CPAs in Maryland

Once a year, CPAs gather in Annapolis to make their professional interests known to Maryland legislators. The Maryland Association of CPAs engages in ongoing legislative and lobbying efforts, and CPA Day is the best time for CPAs to show their support and advocate for our profession. A one hour CPE session is included for participants.

MACPA.ORG/CPADAY

STRATEGIC LEARNING POWERED BY

BUSINESS LEARNING INSTITUTE

Attention CPAs:

Whether A Decision Maker Looking To Upgrade Your Talent, Or A CPA Looking to Upgrade Yourself/Your Skills, Ask Yourself: Who really chose who in joining your company?

Are you/your professional staff really at the right level where you should be/you need them to be?

Are you/your staff in a position that truly suits your/their personality, values, and professional and personal needs?

Why leave your future to chance?

If you’re seriously interested in making the “right” move for your next hire, I can help you.

I am an actively licensed CPA in Maryland and Virginia and CGMA with over 20 years of experience including public accounting (E&Y) and consulting (KPMG), financial accounting (American Cancer Society), internal audit (Telerate, now part of Thomson Reuters), and recruiting. As a networker who truly enjoys helping others and sharing my career experiences to guide fellow professionals, including writing articles for the AICPA, here is how I can help you: Decision Makers:  Ask you questions, and most likely ask many more questions than other recruiters about your company, duties involved, skills required, corporate culture and more  Work with you on finding the “right” professional that is the “right fit”  Provide you with valuable information about the professionals I work with, the marketplace, what your competitors pay, and more Career Seekers:  Guide you on career paths available in public accounting and industry  Enable you to capitalize on your strengths  Coach you on how to put your best foot forward to find the “right fit”  Advise you when to stay in your current position if that is the right move If you’re interested in working with a recruiter who understands your background, skills, and is genuinely interested in helping you find the “right fit”, then I welcome meeting you!

BETH A. BERK, CPA, CGMA Independent Recruiter

Phone: 301-767-0670 Email: BethABerk@msn.com

Specializing in CPA Firm, Accounting & Finance Positions in Metropolitan DC/MD/NoVA & Baltimore and nearby Suburbs and Richmond/Tidewater too Connecting You To Your Next Hire

TM

Contingency & Retained Staffing Solutions

matching skills, experience & values with needs Serving clients and professionals as an Independent Recruiter since March 2005

MEMBER NOTES Samantha Androsky was promoted to senior

Karen Hess has been promoted to senior

marketing coordinator at Gross Mendelsohn.

accountant at Gross Mendelsohn.

Adelaide Lynn “Addie” Blickenstaff has joined

Jerry Housand has been promoted to manager

DeLeon and Stang Certified Public Accountants and

at Gross Mendelsohn.

Advisors as an in-charge accountant in the firm’s Audit Department.

Kevin Brady has been promoted to semi-senior accountant at Gross Mendelsohn.

Marie Calabrese has been promoted to supervisor at Gross Mendelsohn.

Carlos Hurtado has been promoted to supervisor in the Audit Department at Gelman, Rosenberg and Freedman.

Lisa Johnson has been promoted to principal at Gross Mendelsohn.

Matthew Keadle has been promoted to senior

Kyle Chesser has been promoted to tax manager at

in the Audit Department at Gelman, Rosenberg

Arthur Bell.

and Freedman.

Kevin Connelly has been promoted to senior

David Leipnik has been promoted to principal at

accountant at Gross Mendelsohn.

Gross Mendelsohn.

Patrick Crosby has been promoted to senior in

Elinor Litwack has been promoted to senior

the Tax Department at Gelman, Rosenberg and

manager in the Outsourced Accounting and

Freedman.

Advisory Services Department at Gelman,

Samantha Deangler, a member of Squire, Lemkin

Rosenberg and Freedman.

+ Company, LLP, has been promoted to a senior

John McIntosh has been promoted to senior in

accountant with the firm.

the Audit Department at Gelman, Rosenberg and Freedman.

Emma Deininger has been promoted to in-charge accountant at Lanigan, Ryan, Malcolm & Doyle, P.C. Dawn Ebeling has been promoted to principal at Gross Mendelsohn.

Harris Eisenstein has been elected partner at

Omid Mohebbi has been promoted to supervisor in the Audit Department at Gelman, Rosenberg and Freedman.

Brandon Mourges has been elected partner at Rosenberg Martin Greenberg, LLP.

Rosenberg Martin Greenberg, LLP.

Marc Neri has been promoted to supervisor in

Chaim Fine has been promoted to principal at Gross

Freedman.

Mendelsohn.

the Tax Department at Gelman, Rosenberg and

Andrew Page, vice president and corporate

Shiwen Gao has been promoted to senior accountant

controller with Under Armour and a member

at Councilor, Buchanan & Mitchell, PC.

of the MACPA’s Board of Directors, has been

Erma Grimmel has been appointed as a partner with KBST&M, P.A.

featured in Profile magazine.

Ernie Paszkiewicz, audit partner and director of Gross, Mendelsohn and Associates, P.A.’s Nonprofit Group, has been appointed to the board of Archbishop Curley High School.

Timothy Peters, a member with Smith Elliott

OCTOBER 2017

45

MEMBER NOTES FIRM NOTES Kearns and Company, LLC, has been presented with United Way

CohnReznick LLP raised more than $12,000 for local non-profit

of Washington County’s Jesse L. Kagle Award for Distinguished

Stocks in the Future at its 16th Annual Baltimore Charity Golf

Service. Peters served as treasurer for five years and is the

Tournament. Stocks in the Future provides comprehensive

immediate past chair of the Board.

financial literacy curriculum for middle school students in

Matt Rager has been promoted to tax manager at Arthur Bell.

Jennifer Rock has been promoted to principal at Gross

underserved communities.

Smith Elliott Kearns and Company, LLC, has been named one of

Mendelsohn.

the Top 250 private companies in Central Pennsylvania for 2017.

Cory Roth has been promoted to tax manager at Arthur Bell.

Squire, Lemkin + Company, LLP, founded by John Squire and

Daniel Russell of HeimLantz has earned his Certified Valuation Analyst designation.

Will Sasser has been promoted to semi-senior accountant at Gross Mendelsohn.

Susan Lemkin, will be celebrating its 20th anniversary on Nov. 1.

Twelve Maryland firms have been named to Accounting Today’s 2017 Best Firms to Work For list. Congratulations to: Berlin, Ramos and Co.; Bormel, Grice and Huyett; Clearview Group; DeLeon and Stang, CPAs and Advisors; Gelman, Rosenberg

Sean Scott has been promoted to in-charge accountant at

and Freedman; HeimLantz CPAs and Advisors; KatzAbosch;

Lanigan, Ryan, Malcolm and Doyle, P.C.

Lanigan, Ryan, Malcolm and Doyle; Santos, Postal and Co.;

Michael Slonim has been promoted to senior in the Audit Department at Gelman, Rosenberg and Freedman.

Nikki Stevenson has been promoted to supervisor at Gross Mendelsohn.

Michael Szyjka has been promoted to senior accountant at Gross Mendelsohn.

Timothy Valenta has been promoted to manager at Weil, Akman, Baylin and Coleman, P.A. Faith Weston has been promoted to senior in the Tax Department at Gelman, Rosenberg and Freedman.

DON’T MISS THE FULL LIST OF UPCOMING CPE COURSES IN-PERSON EVENTS AND COURSES: Page 48

ONLINE EVENTS AND COURSES: Page 57

46

SC&H Group Inc.; WeberMessick; and RLH CPAs and Business Advisors.

CLASSIFIEDS Give your company valuable exposure to nearly 10,000 MACPA members by advertising your classified ad in the Statement. Also visit our online classified page for additional ads at www.macpa.org/public/classifieds.

professional services PER DIEM WORK: I am a newly retired CPA - with a Masters Degree in Taxation. I am interested in Per Diem Work. Call me at 410-484-0200. Or email me at: sunnywood@verizon.net

job openings BISHOP & ADKINS, PA SEEKING TAX PREPARER: Individual Tax Preparer Bishop & Adkins, PA is

a Bel Air CPA firm that is actively seeking a seasonal tax preparer with ten plus years in individual tax preparation experience.

Candidate should have experience using Lacerte Tax software (but not required) and be willing to work a flexible schedule that depends upon the volume of work flow. In addition, individual should be proficient in computer software and possess excellent communication skills. Successful candidate will need to provide professional references. Send resume and references to rick@ bishopandadkins.com.

STATEMENT

CLASSIFIEDS DAVIS, JOSEY, KEATING & RANES, LLC SEEKING TAX ACCOUNTANT: Davis, Josey, Keating & Ranes, LLC , a public accounting firm in Annapolis serving the tricity area is seeking a CPA with six years experience and a masters in tax. This is an excellent opportunity to work in Annapolis- the land of pleasant living. Send resume in strict confidence to sjosey@ djkrcpa.com.

ROCKVILLE MARYLAND TAX PRACTICE: Small

PIKESVILLE TAX PRACTICE FOR SALE:

I am selling my 30 client, $14,000 tax practice in Pikesville, Md. Please call Allan Wood 410-484-0200 or email me at sunnywood@verizon.net

Naab Consulting has been assisting both buyers and sellers of CPA firms since 1997 and proudly offers the following practices for sale:

firm in Rockville seeks seasonal tax preparer for 2018 tax season.

Ideal candidate would be available fifty hours per week from February 1, 2018 through April 17, 2018. Position may lead to year around part time work. Will consider emerging practitioner interested in long range potential. This could be a good opportunity to share space if practice development is a goal.

NORTHERN VIRGINIA AREA CPA FIRM FOR SALE: Grossing over $1.4M. Profitable

Candidate should have five years of experience with CCH Profx. In addition, preferred candidate will have experience with CCH Scan SaaS and CCH Autoflow.; should be comfortable working with Word, Excel and tax research software; and should be proficient in reviewing returns. Core practice is individual tax return preparation as well as estate and trust return preparation. Reply in strict confidence to Fax No. 1-866-825-2111.

Grossing $649,239. 25% Individual Tax, 10% Corporate Tax; 45% Accounting; 25% Payroll and other services.

Experienced staff in place. Creative Solutions and QuickBooks software.

GAITHERSBURG FINANCIAL PLANNING FIRM: Established Gaithersburg, MD Financial Planning Firm

is seeking a CPA to partner in the development of a Tax Practice within our firm. The successful collaborator will be currently building a practice and is interested in taking on new tax clients.

Prior knowledge of securities and annuities is a plus. Please email cover letter and resume for immediate consideration to 4jobresponse@gmail.com

mergers & acquisitions GAITHERSBURG CPA PRACTICE FOR SALE

and well established full-service CPA firm. Capable and experienced staff in place. Flexible price and terms.

MARYLAND CPA FIRM FOR SALE:

MARYLAND/DC AREA RELOCATABLE PRACTICE FOR SALE:$130,525 in monthly

accounting services. Seller is a CPA and will assist the buyer. Clients will be relocated in the Maryland/DC/ Virginia area to the buyer’s office. Clients serviced using QuickBooks software.

MONTGOMERY COUNTY CPA FIRM FOR SALE: Grossing $281,230. Well established

and very profitable tax practice. 45% Individual tax; 55% Corporate tax.

Please contact Naab Consulting at (888) 726-6282 for additional information.

Maryland Practices for Sale: gross revenues shown: Gaithersburg CPA $178K - (24%) tax, (76%) accounting, cash flow over 40%; Frederick CPA $375K - (72%) tax, (28%) accounting/tax planning, cash flower over 50%. For more information please call (800) 3970249. See nationwide listings and register for free email updates at www.APS.net.

HOW TO SUBMIT A CLASSIFIED AD

THINKING OF SELLING YOUR PRACTICE?

To submit a classified ad, contact Krislyn Suljak krislyn@macpa.org, or 443-632-2307.

Accounting Practice Sales is the leading marketer of tax and accounting practices in North America. We have a large pool of buyers, both individuals and firms, looking for practices to purchase. We also have the experience to help you find the right fit for your firm, negotiate the best price and terms and get the deal done. We welcome the opportunity to talk to you about our risk-free and confidential services. For more information please call Bradley Holmes with the APS Holmes Group at 1-800-3970249 or email Bradley@APS.net.

OCTOBER 2017

at

REPLIES TO ADS WITH FILE NUMBER: Email krislyn@macpa.org, or reply via mail: Krislyn Suljak MACPA • Classified Ads • 901 Dulaney Valley Road, Suite 800 • Towson, MD 21204

47

DATE DATE

COURSE TITLE TITLE COURSE

CPE

TIME

CPE MEMBER TIME

EVENT ID

MEMBER LOCATIONNON-MEM. LOCATION

Upcoming IN-PERSON Events & Courses DATE

COURSE TITLE

WEBCAST Events & Courses: page 53 CPE

TIME

MEMBER

NON-MEM. LOCATION

ACCOUNTING & AUDITING (IN-PERSON) 9/20/17

Annual Update for Accountants and Auditors

8

8 AM – 3:30 PM

295

395

Timonium

9/27/17

Applying the Uniform Guidance in Your Single Audits

8

8 AM – 3:30 PM

295

395

Timonium

10/02/17

Accounting and Auditing Current Developments

8

8 AM – 3:30 PM

230

330

Columbia

10/18/17

Forensic Accounting Investigative Practices

8

8 AM – 3:30 PM

295

395

Columbia

10/19/17

Fraud Update: Detecting and Preventing the Top Ten Fraud Schemes

8

8 AM – 3:30 PM

295

395

Timonium

10/23/17

Live Xero Advisor Certification

6

8 AM – 2 PM

125

175

Columbia

10/25/17

Implementing SSARS 21: Preparation, Compilation, Review & the Cash and Tax

8

8 AM – 3:30 PM

295

395

Frederick

10/26/17

Accounting and Auditing Update for Small Businesses

8

8 AM – 3:30 PM

295

395

Columbia

10/26/17

Annual Update and Practice Issues for Preparation, Compilation, and Review Engagements

8

8 AM – 3:30 PM

295

395

Timonium

10/27/17

Revenue Recognition: Mastering the New FASB Requirements

8

8 AM – 3:30 PM

295

395

Columbia

11/02/17

2017 Practitioners Conference

8

8 AM – 5 PM

210

310

Baltimore

11/08/17

Accounting and Reporting for Not-for-Profit Organizations

8

8 AM – 3:30 PM

295

395

Timonium

11/09/17

Accounting & Auditing for Governmental Employee Benefits

8

8 AM – 3:30 PM

295

395

Rockville

11/13/17

Accounting and Auditing Current Developments

8

8 AM – 3:30 PM

230

330

Bowie

11/14/17

Documenting Your EBP Audit: What You Need to Know

8

8 AM – 3:30 PM

295

395

Timonium

11/15/17

Interpreting the New Revenue Recognition Standard: What All CPA’s Need to Know

4

12 PM – 3:30 PM

150

200

Frederick

11/16/17

Four for Fall: Revenue Recognition – An Overview of the New Standard and Preliminary Look at it’s Impact on your Company

4

8 AM – 11:30 AM

150

200

Columbia

11/16/17

Four For Fall: Annual Update for Governments and Not-for-Profits

4

8 AM – 11:30 AM

150

200

Columbia

11/16/17

Four for Fall: Frequent Frauds Found in Not-for-Profits

4

12 PM – 3:30 PM

150

200

Columbia

11/17/17

Four for Fall: Accounting and Auditing Update

4

8 AM – 11:30 AM

150

200

Columbia

11/17/17

Four for Fall: Preparation, Compilation, and Review Engagements: Update and Review

4

12 PM – 3:30 PM

150

200

Columbia

48

Group discounts are available.

STATEMENT

DATE DATE

COURSE TITLE COURSE TITLE

CPE

TIME

CPE

TIME MEMBER

MEMBER NON-MEM EVENT ID

NON-MEM. LOCATION LOCATION

MACPA COULDN’T DO EVERYTHING THAT WE DO FOR OUR MEMBERS WITHOUT OUR PREFERRED PROVIDERS & MEDIA SPONSOR Exclusive Preferred Providers

Preferred Providers

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Media Sponsor

For information about sponsoring MACPA programs or to learn more about advertising with the MACPA please contact Amy Puente at 443.632.2323 or amyp@macpa.org.

OCTOBER 2017

49

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

ACCOUNTING & AUDITING (IN-PERSON), CONTINUED 11/17/17

Four for Fall: Outsourcing & Cybersecurity: What CPAs Need to Know

4

12 PM – 3:30 PM

150

200

Columbia

11/29/17

Recognizing and Responding to Fraud Risk in Governmental and Not-forProfit Organizations

8

8 AM – 3:30 PM

295

395

Rockville

11/30/17

Identity Theft: Preventing, Detecting, and Investigating Identity Theft

8

8 AM – 3:30 PM

295

395

Timonium

12/04/17

GASB Statement No. 72 – How Do You Measure Up?

8

8 AM – 3:30 PM

295

395

Rockville

12/04/17

Accounting and Auditing Current Developments

8

8 AM – 3:30 PM

230

330

Timonium

12/05/17

GASB Statement Nos. 74 & 75 – Best Practices in OPEB Accounting & Auditing

4

8 AM – 11:30 AM

150

200

Columbia

12/05/17

Governmental Pensions: Prepare for a Changing Landscape

4

12 PM – 3:30 PM

150

200

Columbia

12/05/17

Real World Fraud in Today’s Small- to Medium- Sized Entities

8

8 AM – 3:30 PM

295

395

Columbia

12/05/17

Implementing FASB’s New Lease Standard: ASU 2016-02 Accounting for Leases

4

12 PM – 3:30 PM

150

200

Timonium

12/06/17

Integrating Audit Data Analytics into the Audit Process

8

8 AM – 3:30 PM

295

395

Columbia

12/13/17

2017 CPA Summit

7

8 AM – 4:10 PM

325

425

Columbia & Online

1/10/18

Construction Contractors Advanced Issues

8

8 AM – 3:30 PM

295

395

Columbia

1/11/18

Accounting for Real Estate Activities

8

8 AM – 3:30 PM

295

395

Columbia

1/25/18

CPA DAY 2018

2

7:30 AM – 1:30 PM

0

-

Annapolis

4/26/18

Recognizing and Responding to Fraud Risk in Governmental and Not-forProfit Organizations

8

8 AM – 3:30 PM

295

395

Timonium

4/30/18

Accounting Standards Review for Controllers and Finance Professionals

8

8 AM – 3:30 PM

295

395

Columbia

5/17/18

Accounting and Reporting for Not-for-Profit Organizations

8

8 AM – 3:30 PM

295

395

Columbia

5/21/18

Auditing Employee Benefit Plans

8

8 AM – 3:30 PM

295

395

Columbia

5/22/18

Audits of 401(k) Plans

8

8 AM – 3:30 PM

295

395

Timonium

5/23/18

Hot Topics in Accounting & Auditing (Accounting Updates)

8

8 AM – 3:30 PM

150

200

Columbia

955

1295

Chicago, IL & Online

1220

1595

Chicago, IL & Online Washington, DC & Online

A I C PAAICPA COCONFERENCES N F E R ENCE S (IN-PE R S ON ) *Member and non-member pricing refers to AICPA membership for the AICPA events listed below. Register at aicpa.org.

11/8/17

Women’s Global Leadership Summit

20

11/8/17

Doing Business in North America

14

11/13/17

National Tax Conference

18

7 AM – 5:50 PM

955

1295

75

75

Hanover

1,500

1,800

Towson

9 AM – 5 PM --

LEADERSHIP BLI LEBLI AD E R S H IP (IN -PE R SON ) 9/29/17

2017 Women to Watch Awards Breakfast

1

8:30 AM – 11:45 AM

11/28/17

From Compliance to Consulting Workshop

16

8 AM – 3:30 PM

11/30/17

Quarterly Financial Leaders Series – Enterprise Performance Management (EPM) methods, Business Intelligence (BI), and Business Analytics

4

8 AM – 12 PM

180

230

Columbia

12/20/17

Strategic Planning: Keep Your Business Relevant in the Fast Future

8

8 AM – 3:30 PM

295

395

Timonium

3/22/18

Quarterly Financial Leaders Series – 30 New Roles for Strategic Finance

4

8 AM – 12 PM

180

230

Columbia

50

Group discounts are available.

STATEMENT

WHAT’S BET TER THAN COVERAGE AGAINST CYBER AT TACKS AND DATA BREACHES?

KNOWING HOW TO MINIMIZE THE RISKS. Your clients trust you to keep their confidential data safe.

At CAMICO ®, we know the risks because we’re CPAs ourselves. That’s why we introduced CyberCPASM as part of our CPA Professional Liability Insurance coverage. You’re not only protected in the event of an attack or breach, you also have access to risk management tools and resources to help minimize the risks. Including breach response services such as client notification, credit monitoring and identity theft assistance. Protecting CPAs—that’s been the CAMICO tradition for more than 30 years.

What every CPA needs to know about cyber security.

How to safeguard information, increase awareness of cyber risk, and protect your clients. www.camico.com/cyber-cpa

Accountants Professional Liability Insurance may be underwritten by CAMICO Mutual Insurance Company or through CAMICO Insurance Services by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. © CAMICO Services, Inc., dba CAMICO Insurance Services. All Rights Reserved.

OCTOBER 2017

CAMICO Rachel Painter, AINS Senior Account Executive T: 800.652.1772 Ext. 6773 E: rpainter@camico.com W: www.camico.com

51

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

BLI LEADERSHIP (IN-PERSON) 6/14/18

Quarterly Financial Leaders Series – The Business of the Future

4

8 AM – 12 PM

180

230

Columbia

INDUSTRY B U S I NBUSINESS E S S &&IN DUS TRY (IN -PE R SON ) 9/20/17

Excel for Accounting Professionals Session 4: Conditional Summing and Lookups

2

2 PM – 4 PM

99

129

-

9/29/17

2017 Women to Watch Awards Breakfast

1

8:30 AM – 11:45 AM

75

75

Hanover

10/04/17

Excel Advanced Features, Functions, Pivot Tables and the Macro Recorder

8

8 AM – 3:30 PM

330

480

Columbia

10/31/17

Analytics and Big Data for Accountants

8

8 AM – 3:30 PM

295

395

Columbia

11/01/17

Excel Pivot Tables in-depth, PowerPivot, and Data Analysis Functions and Tips

8

8 AM – 3:30 PM

330

480

Columbia

11/15/17

Interpreting the New Revenue Recognition Standard: What All CPA’s Need to Know

4

12 PM – 3:30 PM

150

200

Frederick

11/16/17

Four for Fall: Revenue Recognition – An Overview of the New Standard and Preliminary Look at it’s Impact on your Company

4

8 AM – 11:30 AM

150

200

Columbia

11/16/17

Four for Fall: A Practical Ethics Update for CPAs 2017 Edition

4

12 PM – 3:30 PM

150

200

Columbia

11/17/17

Four for Fall: Outsourcing & Cybersecurity: What CPAs Need to Know

4

12 PM – 3:30 PM

150

200

Columbia

11/21/17

Excel Power User: Macro Programming using Visual Basic for Applications

8

8 AM – 3:30 PM

330

480

Columbia

11/28/17

From Compliance to Consulting Workshop

16

8 AM – 3:30 PM

1,500

1,800

11/30/17

Quarterly Financial Leaders Series – Enterprise Performance Management (EPM) methods, Business Intelligence (BI), and Business Analytics

4

8 AM – 12 PM

180

230

Columbia

11/30/17

Identity Theft: Preventing, Detecting, and Investigating Identity Theft

8

8 AM – 3:30 PM

295

395

Timonium

12/05/17

Implementing FASB’s New Lease Standard: ASU 2016-02 Accounting for Leases

4

12 PM – 3:30 PM

150

200

Timonium

12/05/17

A Practical Ethics Update for CPAs: 2017 Edition

4

8 AM – 11:30 AM

150

200

Timonium

12/08/17

Excel + Word + Outlook + OneNote + Adobe Acrobat + Office 365 Tips – Improve Personal Productivity

8

8 AM – 3:30 PM

330

480

Columbia

12/12/17

Excel Advanced Features, Functions, Pivot Tables and the Macro Recorder

8

8 AM – 3:30 PM

330

480

Columbia

12/13/17

2017 CPA Summit

7

8 AM – 4:10 PM

325

425

Columbia & Online

12/20/17

Strategic Planning: Keep Your Business Relevant in the Fast Future

8

8 AM – 3:30 PM

295

395

Timonium

1/30/18

Excel Hot Topics and Best Practices for CPAs

8

8 AM – 3:30 PM

330

480

Columbia

02/08/18

Excel Boot Camp Refresher

8

8 AM – 3:30 PM

330

480

Columbia

3/14/18

Excel + Word + Outlook + OneNote + Adobe Acrobat Tips – Improve Personal Productivity

8

8 AM – 3:30 PM

330

480

Columbia

3/22/18

Quarterly Financial Leaders Series – 30 New Roles for Strategic Finance

4

8 AM – 12 PM

180

230

Columbia

4/25/18

Excel Pivot Tables in-depth, PowerPivot Tips, and Data Analysis Functions

8

8 AM – 3:30 PM

330

480

Columbia

4/30/18

Accounting Standards Review for Controllers and Finance Professionals

8

8 AM – 3:30 PM

295

395

Columbia

05/08/18

Excel Advanced Features, Functions, Pivot Tables and the Macro Recorder

8

8 AM – 3:30 PM

330

480

Columbia

6/14/18

Quarterly Financial Leaders Series – The Business of the Future

4

8 AM – 12 PM

180

230

Columbia

6/19/18

PowerPoint & Excel Data Visualization Create Dynamic Financial Presentations, Charts, Graphs and Diagrams

-

8 AM – 3:30 PM

330

480

Columbia

52

Group discounts are available.

Towson

STATEMENT

Nov 16-17 Columbia

Four, 4-hour CPE sessions.

Choose from 8 course options to maximize your CPE this fall.

THURSDAY

FRIDAY

Revenue Recognition – An Overview of Accounting and Auditing Update the New Standard and Preliminary Look at its Impact on Your Company Current Challenges and Key Risks in Financial Reporting Today: An Update on Annual Update for Governments and the “Trump Bump” Not-for-Profits Preparation, Compilation, and Review A Practical Ethics Update for CPAs Engagements: Update and Review 2017 Edition for CPAs Outsourcing & Cybersecurity: Frequent Frauds Found in Not-for-Profits What CPAs Need to Know

macpa.org/FourForFall OCTOBER 2017

STRATEGIC LEARNING POWERED BY

BUSINESS LEARNING INSTITUTE

53

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

EMPLOYEE BENEFITS (IN-PERSON) EMPLOYEE EM P LO Y E E BBENEFITS E N EF ITS (IN-PERSON) 5/21/18

Auditing Employee Benefit Plans

8

8 AM – 3:30 PM

295

395

Columbia

0

-

Annapolis

G O VE GOVERNMENT R N M E N T (IN -PE R SON ) 1/25/18

CPA DAY 2018

2

7:30 AM – 1:30 PM

4/26/18

Recognizing and Responding to Fraud Risk in Governmental and Not-forProfit Organizations

8

8 AM – 3:30 PM

295

395

Timonium

300

400

Baltimore & Online

0

-

Annapolis

& REGULATORY LEG I S LEGISLATIVE L AT IV E & RE G ULATORY (IN-PERSON) 9/25/17

48th Annual Chesapeake Tax Conference

16

8 AM – 3:45 PM

1/25/18

CPA DAY 2018

2

7:30 AM – 1:30 PM

N O N PNONPROFIT/NOT-FOR-PROFIT R O F IT / N O T-F OR -PR OF IT (IN-PERSON) 4/26/18

Recognizing and Responding to Fraud Risk in Governmental and Not-forProfit Organizations

8

8 AM – 3:30 PM

295

395

Timonium

5/17/18

Accounting and Reporting for Not-for-Profit Organizations

8

8 AM – 3:30 PM

295

395

Columbia

5/22/18

Audits of 401(k) Plans

8

8 AM – 3:30 PM

295

395

Timonium

PLANNING PE RS OPERSONAL N A L FFINANCIAL IN ANCIAL PLANNING (IN- P ERSON) 9/25/17

48th Annual Chesapeake Tax Conference

16

8 AM – 3:45 PM

300

400

Baltimore & Online

9/27/17

The Complete Guide to Estate Administrations

8

8 AM – 3:30 PM

295

395

Columbia

9/28/17

Traps and Pitfalls in Estate Planning

8

8 AM – 3:30 PM

295

395

Timonium

10/24/17

32nd Annual Personal Financial Planning Conference

8

8 AM – 4:35 PM

320

420

Towson & Online

11/03/17

Applying Integrated Estate, Financial and Asset Protection Planning Techniques

8

8 AM – 3:30 PM

295

395

Columbia

11/07/17

Beyond finances: Supporting the Sandwich Generation (PFP Study Group)

2

8:30 AM – 10:30 AM

20

100

Towson

11/14/17

Advanced Tax Institute- Day 2- Estate Planning Issues

8

8:30 AM – 4:40 PM

285

285

Baltimore

11/28/17

Integrated Estate, Financial and Asset Protection Planning – A Breakthrough Approach

8

8 AM – 3:30 PM

295

395

Columbia

12/18/17

The Complete Guide to the Preparation of Form 1041

8

8 AM – 4 PM

295

395

Columbia

01/03/18

The Complete Guide to the Preparation of Form 1041

8

8 AM – 4 PM

295

395

Timonium

PRACTITIONERS PR A C TITIO N E R S (IN-PE R S ON ) 9/25/17

48th Annual Chesapeake Tax Conference

16

8 AM – 3:45 PM

300

400

Baltimore & Online

10/26/17

The Complete Guide to Maryland Death Taxation

8

8 AM – 3:30 PM

295

395

Timonium

11/02/17

2017 Practitioners Conference

8

8 AM – 5 PM

210

310

Baltimore

54

Group discounts are available.

STATEMENT

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

PRACTITIONERS (IN-PERSON), CONTINUED 11/07/17

QuickBooks For Accounting Professionals

8

8 AM – 3:30 PM

330

480

Columbia

11/15/17

Interpreting the New Revenue Recognition Standard: What All CPA’s Need to Know

4

12 PM – 3:30 PM

150

200

Frederick

12/14/17

MACPA’s 1040 Fast Track

16

8 AM – 4 PM

400

500

Columbia & Online

12/18/17

The Complete Guide to the Preparation of Form 1041

8

8 AM – 4 PM

295

395

Columbia

01/03/18

The Complete Guide to the Preparation of Form 1041

8

8 AM – 4 PM

295

395

Timonium

01/04/18

MACPA’s 1040 Fast Track

16

8 AM – 4 PM

400

500

Timonium & Online

TAX ( I TAX N - PE R S O N) 9/25/17

48th Annual Chesapeake Tax Conference

16

8 AM – 3:45 PM

300

400

Baltimore & Online

9/27/17

The Complete Guide to Estate Administrations

8

8 AM – 3:30 PM

295

395

Columbia

9/28/17

Traps and Pitfalls in Estate Planning

8

8 AM – 3:30 PM

295

395

Timonium

10/23/17

AACC: Navigating a Tax Controversy

4

1 PM – 5 PM

50

60

Anne Arundel

10/24/17

Cut Your Client’s Tax Bill: Individual Tax Planning Tips and Strategies

8

8 AM – 3:30 PM

295

395

Columbia

10/26/17

The Complete Guide to Maryland Death Taxation

8

8 AM – 3:30 PM

295

395

Timonium

11/02/17

2017 Practitioners Conference

8

8 AM – 5 PM

210

310

Baltimore

11/03/17

Applying Integrated Estate, Financial and Asset Protection Planning Techniques

8

8 AM – 3:30 PM

295

395

Columbia

11/09/17

Don Farmer’s 2017 Individual Income Tax Workshop

8

8 AM – 4 PM

315

415

Baltimore & Online

11/10/17

Don Farmer’s 2017 Corporate Income Tax Workshop

8

8 AM – 4 PM

295

395

Baltimore & Online

11/13/17

Advanced Tax Institute- Day 1- Current Tax Issues and Business Tax Update

8

8:30 AM – 4:45 PM

285

285

Baltimore

11/13/17

Advanced Tax Institute Conference

-

-–-

-

-

Baltimore

11/14/17

Advanced Tax Institute- Day 2- Estate Planning Issues

8

8:30 AM – 4:40 PM

285

285

Baltimore

11/15/17

Advanced Tax Institute- Day 3- Real Estate and Partnerships

8

8:30 AM – 4:40 PM

285

285

Baltimore

11/16/17

Advanced Tax Institute- Day 4- State & Local Tax Issues

-

8:30 AM – 4:45 PM

285

285

Baltimore

11/16/17

Tax Considerations and Consequences for Closely Held Businesses

8

8 AM – 3:30 PM

295

395

Timonium

11/28/17

Integrated Estate, Financial and Asset Protection Planning – A Breakthrough Approach

8

8 AM – 3:30 PM

295

395

Columbia

12/01/17

Don Farmer’s 2017 Federal Tax Update

8

8 AM – 4 PM

295

395

Baltimore & Online

12/14/17

MACPA’s 1040 Fast Track

16

8 AM – 4 PM

400

500

Columbia & Online

OCTOBER 2017

55

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

TAX (IN-PERSON), CONTINUED 12/18/17

The Complete Guide to the Preparation of Form 1041

8

8 AM – 4 PM

295

395

Columbia

01/03/18

The Complete Guide to the Preparation of Form 1041

8

8 AM – 4 PM

295

395

Timonium

01/04/18

MACPA’s 1040 Fast Track

16

8 AM – 4 PM

400

500

Timonium & Online

01/09/18

Advanced Tax Strategies for LLCs & Partnerships

8

8 AM – 3:30 PM

295

395

Columbia

1/10/18

Construction Contractors Advanced Issues

8

8 AM – 3:30 PM

295

395

Columbia

1/16/18

Annual Tax Update: Individuals and Sole Proprietors

8

8 AM – 3:30 PM

295

395

Frederick

1/18/18

Reviewing Pass-Through Tax Returns: What Are You Missing?

8

8 AM – 3:30 PM

295

395

Timonium

1/25/18

CPA DAY 2018

2

7:30 AM – 1:30 PM

0

-

Annapolis

5/15/18

Tax, Financial, and Estate Planning Under the Trump Administration

8

8 AM – 3:30 PM

295

395

Columbia

5/16/18

Navigating Your Client Through the Maze of the American Health Care Act

8

8 AM – 3:30 PM

295

395

Timonium

TECHNOLOGY TE CHN O L O G Y (IN -PE R SON ) 10/04/17

Excel Advanced Features, Functions, Pivot Tables and the Macro Recorder

8

8 AM – 3:30 PM

330

480

Columbia

11/01/17

Excel Pivot Tables in-depth, PowerPivot, and Data Analysis Functions and Tips

8

8 AM – 3:30 PM

330

480

Columbia

11/07/17

QuickBooks For Accounting Professionals

8

8 AM – 3:30 PM

330

480

Columbia

11/21/17

Excel Power User: Macro Programming using Visual Basic for Applications

8

8 AM – 3:30 PM

330

480

Columbia

11/28/17

From Compliance to Consulting Workshop

16

8 AM – 3:30 PM

1,500

1,800

11/30/17

Quarterly Financial Leaders Series – Enterprise Performance Management (EPM) methods, Business Intelligence (BI), and Business Analytics

4

8 AM – 12 PM

180

230

Columbia

12/08/17

Excel + Word + Outlook + OneNote + Adobe Acrobat + Office 365 Tips – Improve Personal Productivity

8

8 AM – 3:30 PM

330

480

Columbia

12/12/17

Excel Advanced Features, Functions, Pivot Tables and the Macro Recorder

8

8 AM – 3:30 PM

330

480

Columbia

12/13/17

2017 CPA Summit

7

8 AM – 4:10 PM

325

425

Columbia & Online

1/30/18

Excel Hot Topics and Best Practices for CPAs

8

8 AM – 3:30 PM

330

480

Columbia

02/08/18

Excel Boot Camp Refresher

8

8 AM – 3:30 PM

330

480

Columbia

3/14/18

Excel + Word + Outlook + OneNote + Adobe Acrobat Tips – Improve Personal Productivity

8

8 AM – 3:30 PM

330

480

Columbia

4/25/18

Excel Pivot Tables in-depth, PowerPivot Tips, and Data Analysis Functions

8

8 AM – 3:30 PM

330

480

Columbia

05/08/18

Excel Advanced Features, Functions, Pivot Tables and the Macro Recorder

8

8 AM – 3:30 PM

330

480

Columbia

6/19/18

PowerPoint & Excel Data Visualization Create Dynamic Financial Presentations, Charts, Graphs and Diagrams

-

8 AM – 3:30 PM

330

480

Columbia

56

Group discounts are available.

Towson

STATEMENT

Upcoming ONLINE Events & Courses

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

ACCOUNTING & AUDITING (ONLINE) 9/20/17

Financial Instruments: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

9/21/17

Analyzing a Company’s Financial Statement

4

9 AM – 1 PM

159

199

Online Webcast

9/21/17

GASB Statement Nos. 74 & 75 – Best Practices in OPEB Accounting & Auditing

4

1 PM – 5 PM

159

199

Online Webcast

9/22/17

Grow Your Business from Within: How to Deliver Maximum Value to Client’s on Every Engagement

2

9 AM – 11 AM

75

90

Online Webcast

9/27/17

2017 SEC Quarterly Update Q3 Webcast

2

1 PM – 3 PM

99

129

Online Webcast

9/28/17

Revenue Recognition: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

9/29/17

Leases: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

10/02/17

Financial Reporting for Not-for-Profit Entities

4

10:30 AM – 2:30 PM

159

199

Online Webcast

10/03/17

Implementing FASB’s New Lease Standard: ASU 2016-02 Accounting for Leases- Examples and Practical Approaches

4

12 PM – 4 PM

110

140

Online Webcast

10/03/17

Governmental Pensions: Prepare for a Changing Landscape

4

9 AM – 1 PM

150

200

Online Webcast

10/04/17

How to Identify, Explain, and Present Pertinent Financial Information to Non-Accountants

2

2 PM – 4 PM

75

90

Online Webcast

10/05/17

Fraud in Small-to Medium-Sized Entities

4

9 AM – 1 PM

159

199

Online Webcast

10/05/17

Applying the Risk Assessment Standards to Enhance Audit Quality

4

1 PM – 5 PM

159

199

Online Webcast

10/06/17

Integrating Audit Data Analytics into the Audit Process

8

9 AM – 5:30 PM

249

319

Online Webcast

10/09/17

New Required Going Concern Disclosure: Evaluating the Impact on Preparing Financial Statements, Compilations, Reviews and Audits

2

1 PM – 3 PM

75

90

Online Webcast

10/09/17

Grow Your Business from Within: How to Deliver Maximum Value to Client’s on Every Engagement

2

9 AM – 11 AM

75

90

Online Webcast

10/10/17

Preparation, Compilation, and Review Engagements: Update and Review

4

9 AM – 1 PM

159

199

Online Webcast

10/11/17

Statement of Cash Flows: Preparation, Presentation, and Use

4

1 PM – 5 PM

159

199

Online Webcast

10/12/17

Analyzing a Company’s Financial Statement

4

9 AM – 1 PM

159

199

Online Webcast

10/12/17

Revenue Recognition: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

10/13/17

Construction Contractors: Accounting, Auditing, and Tax

8

9 AM – 5 PM

249

319

Online Webcast

10/16/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

10:30 AM – 6:30 PM

249

319

Online Webcast

10/17/17

Fraud and Cash Receipts: Common Frauds and Internal Controls

4

1 PM – 5 PM

159

199

Online Webcast

OCTOBER 2017

57

DATE

COURSE TITLE

CPE

TIME

BUSINESS LEARNING INSTITUTE

MEMBER

NON-MEM. LOCATION

Master key MBA concepts in hours, not years. blionline.org/MBAexpress

The MBAexpress is a co-creation between Peter Margaritis & Jennifer Elder in partnership with BLI.

The MBAexpress provides business savvy in customizable increments. Choose an individual model, a pre-packed bundle, or select modules for a customized program.

FO C US A R E A B U ND LES

$1 80

each includes 6 topic modules

ADDING VALUE Getting the most by giving the most.

BUSINESS STRATEGY Thinking, planning, acting, and leading.

INCLUDED M ODUL ES

$45

when taken individually

• Basics of Business Law • Best Practices for Better Budgeting and Planning • Business Benefits of Sustainability • Creativity & Innovation

A L L FI VE BU N D L ES

$595

discounted price

• Faster Disaster Recovery

• Insightful Financial Analysis

• Ferreting Out Fraud

• Nuances of Negotiating

• International Business

• Risk Management

• Masterful Marketing

• Strategy for Success

LEADERSHIP STRATEGY

• Emotional Intelligence

• Good Governance

Taking people to new places and higher ground.

• Essence of Entrepreneurship

• Latest in Leadership

• Smarter Decisionmaking

• Balanced Scorecard

• Excellent Customer Service

• Performance Management

• Effective Change Management

• Project Management

• Communication in the Workplace

• Powerful Presentation Skills

• Success with Social Media

• Networking—Building a Stronger Professional Network

• Presenting Numbers for Impact

• The Art of Effective Writing

PERFORMANCE MANAGEMENT Getting to better results, faster.

POWERFUL COMMUNICATION Conveying meaning and earning an audience.

• Business Process Improvement

• Teamwork & High Performance Teams

OR

58

HOSTING YOUR TRAINING ON-SITE? CUSTOMIZE YOUR MBAexpress.

STATEMENT

Group discounts are available.

Select any 6 of our 30 available modules to create your own MBAexpress program.

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

ACCOUNTING & AUDITING (ONLINE), CONTINUED 10/17/17

Purchasing, Inventory, and Cash Disbursements: Common Frauds and Internal Controls

4

9 AM – 1 PM

159

199

Online Webcast

10/17/17

Financial Instruments: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

10/18/17

Fraud: Recent Findings, Red Flags and Corruption Scheme

4

1 PM – 5 PM

159

199

Online Webcast

10/19/17

The New Clarified Attestation Standards: What You Need to Know

4

1 PM – 5 PM

159

199

Online Webcast

10/19/17

Internal Control: How Does It Impact an Audit?

4

9 AM – 1 PM

159

199

Online Webcast

10/20/17

Audit Workpapers: Documenting Field Work

4

9 AM – 1 PM

159

199

Online Webcast

10/20/17

Audit Workpapers: Reviewing Field Work

4

1 PM – 5 PM

159

199

Online Webcast

10/27/17

GASB No. 74 & 75: Best Practices in OPEB Accounting & Auditing

4

1 PM – 5 PM

159

199

Online Webcast

10/27/17

Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know

4

9 AM – 1 PM

159

199

Online Webcast

10/27/17

Leases: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

11/01/17

Governmental Pensions: Prepare for a Changing Landscape

4

9 AM – 1 PM

159

199

Online Webcast

11/01/17

Fraud: Recent Findings, Red Flags and Corruption Scheme

4

9 AM – 1 PM

159

199

Online Webcast

11/01/17

Purchasing, Inventory, and Cash Disbursements: Common Frauds and Internal Controls

4

1 PM – 5 PM

159

199

Online Webcast

11/02/17

Implementing FASB’s New Lease Standard: ASU 2016-02 Accounting for Leases- Examples and Practical Approaches

4

9 AM – 1 PM

110

140

Online Webcast

11/02/17

Fraud and Cash Receipts: Common Frauds and Internal Controls

4

1 PM – 5 PM

159

199

Online Webcast

11/03/17

Audit Workpapers: Documenting Field Work

4

9 AM – 1 PM

159

199

Online Webcast

11/03/17

Audit Workpapers: Reviewing Field Work

4

1 PM – 5 PM

159

199

Online Webcast

11/03/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

9 AM – 5 PM

249

319

Online Webcast

11/06/17

Financial Reporting for Not-for-Profit Entities

4

10:30 AM – 2:30 PM

159

199

Online Webcast

11/07/17

The New AICPA Audit Data Analytics Guide: Overcoming Data Challenges and Gaining Insights

1

10 AM – 11 AM

-

-

Online Webinar

11/08/17

Advanced Defined Contribution Plans Audit Certificate Exam Review

8

9 AM – 5 PM

399

499

Online Webcast

11/09/17

Statement of Cash Flows: Preparation, Presentation, and Use

4

1 PM – 5 PM

159

199

Online Webcast

11/10/17

Construction Contractors: Accounting, Auditing, and Tax

8

9 AM – 5 PM

249

319

Online Webcast

11/10/17

Leases: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

11/15/17

New Required Going Concern Disclosure: Evaluating the Impact on Preparing Financial Statements, Compilations, Reviews and Audits

2

2 PM – 4 PM

75

90

Online Webcast

11/16/17

Fraud in Small-to Medium-Sized Entities

4

9 AM – 1 PM

159

199

Online Webcast

11/17/17

Grow Your Business from Within: How to Deliver Maximum Value to Client’s on Every Engagement

2

9 AM – 11 AM

75

90

Online Webcast

11/20/17

Applying the Risk Assessment Standards to Enhance Audit Quality

4

1 PM – 5 PM

159

199

Online Webcast

11/20/17

The New Clarified Attestation Standards: What You Need to Know

4

9 AM – 1 PM

159

199

Online Webcast

11/21/17

Integrating Audit Data Analytics into the Audit Process

8

9 AM – 5:30 PM

249

319

Online Webcast

OCTOBER 2017

59

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

ACCOUNTING & AUDITING (ONLINE), CONTINUED 11/22/17

Preparation, Compilation, and Review Engagements: Update and Review

4

1 PM – 5 PM

159

199

Online Webcast

11/28/17

Revenue Recognition: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

11/29/17

Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know

4

1 PM – 5 PM

159

199

Online Webcast

11/29/17

Financial Instruments: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

11/30/17

GASB No. 74 & 75: Best Practices in OPEB Accounting & Auditing

4

9 AM – 1 PM

159

199

Online Webcast

11/30/17

Analyzing a Company’s Financial Statement

4

1 PM – 5 PM

159

199

Online Webcast

11/30/17

Internal Control: How Does It Impact an Audit?

4

9 AM – 1 PM

159

199

Online Webcast

12/01/17

Construction Contractors: Accounting, Auditing, and Tax

8

9 AM – 5 PM

249

319

Online Webcast

12/01/17

Audits of 401(k) Plans

8

9 AM – 5 PM

249

319

Online Webcast

12/05/17

Implementing FASB’s New Lease Standard: ASU 2016-02 Accounting for Leases- Examples and Practical Approaches

4

9 AM – 1 PM

110

140

Online Webcast

12/06/17

Documenting Your EBP Audit: What You Need to Know

8

9 AM – 5 PM

249

319

Online Webcast

12/07/17

How to Identify, Explain, and Present Pertinent Financial Information to Non-Accountants

2

12 PM – 2 PM

75

90

Online Webcast

12/07/17

Analyzing a Company’s Financial Statement

4

9 AM – 1 PM

159

199

Online Webcast

12/08/17

Audit Workpapers: Documenting Field Work

4

9 AM – 1 PM

99

129

Online Webcast

12/08/17

Audit Workpapers: Reviewing Field Work

4

1 PM – 5 PM

159

199

Online Webcast

12/11/17

Grow Your Business from Within: How to Deliver Maximum Value to Client’s on Every Engagement

2

12 PM – 2 PM

75

90

Online Webcast

12/11/17

Preparation, Compilation, and Review Engagements: Update and Review

4

10:30 AM – 2:30 PM

159

199

Online Webcast

12/11/17

Financial Reporting for Not-for-Profit Entities

4

10:30 AM – 2:30 PM

159

199

Online Webcast

12/12/17

Applying the Risk Assessment Standards to Enhance Audit Quality

4

1 PM – 5 PM

159

199

Online Webcast

12/12/17

Leases: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

12/13/17

2017 CPA Summit

7

8 AM – 4:10 PM

325

425

Columbia & Online

12/13/17

The New Clarified Attestation Standards: What You Need to Know

4

1 PM – 5 PM

159

199

Online Webcast

12/14/17

New Required Going Concern Disclosure: Evaluating the Impact on Preparing Financial Statements, Compilations, Reviews and Audits

2

8:30 AM – 10:30 AM

75

90

Online Webcast

12/14/17

Governmental Pensions: Prepare for a Changing Landscape

4

9 AM – 1 PM

159

199

Online Webcast

12/14/17

Advanced Defined Contribution Plans Audit Certificate Exam Review

8

9 AM – 5 PM

399

499

Online Webcast

12/19/17

Internal Control: How Does It Impact an Audit?

4

9 AM – 1 PM

159

199

Online Webcast

12/20/17

Statement of Cash Flows: Preparation, Presentation, and Use

4

1 PM – 5 PM

159

199

Online Webcast

12/20/17

Financial Instruments: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

12/26/17

Fraud in Small-to Medium-Sized Entities

4

1 PM – 5 PM

159

199

Online Webcast

12/26/17

Revenue Recognition: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

60

Group discounts are available.

STATEMENT

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

ACCOUNTING & AUDITING (ONLINE), CONTINUED 12/27/17

Fraud: Recent Findings, Red Flags and Corruption Scheme

4

1 PM – 5 PM

159

199

Online Webcast

12/27/17

Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know

4

1 PM – 5 PM

159

199

Online Webcast

12/28/17

Fraud and Cash Receipts: Common Frauds and Internal Controls

4

9 AM – 1 PM

159

199

Online Webcast

12/28/17

Purchasing, Inventory, and Cash Disbursements: Common Frauds and Internal Controls

4

1 PM – 5 PM

159

199

Online Webcast

12/28/17

Integrating Audit Data Analytics into the Audit Process

8

9 AM – 5:30 PM

249

319

Online Webcast

12/29/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

9 AM – 5 PM

249

319

Online Webcast

12/30/17

Accounting and Auditing Update

4

9 AM – 1 PM

159

199

Online Webcast

A I C PAAICPA COCONFERENCES N F E R ENCE S (ON LIN E ) *Member and non-member pricing refers to AICPA membership for the AICPA events listed below. Register at aicpa.org.

11/8/17

Women’s Global Leadership Summit

20

9 AM – 5 PM

955

1295

Chicago, IL & Online

11/8/17

Doing Business in North America

14

--

1220

1595

Chicago, IL & Online

11/13/17

National Tax Conference

18

7 AM – 5:50 PM

955

1295

Washington, DC & Online

LEADERSHIP B L I LEBLI AD E R S H IP (ONLINE) 10/05/17

Master Coach and Mentor- Valuing Your Emotional Intelligence

1

10 AM – 11 AM

35

45

Online Webinar

11/14/17

Listening For Leaders: Ask the Question, Discover the Need, Win the Trust

4

10 AM – 2 PM

110

140

Online Webcast

INDUSTRY B U S I NBUSINESS E S S &&IN DUSTRY (ONLINE) 9/20/17

Excel for Accounting Professionals Session 3: Workbook Design Principles and Organization

2

11 AM – 1 PM

99

129

Online Webcast

9/21/17

Controller Series: Human Resource Effectiveness

1

10 AM – 11 AM

35

45

Online Webcast

9/21/17

MS PowerPoint – Create Presentations that Engage Your Audience

2

1 PM – 3 PM

99

129

Online Webcast

9/21/17

Analyzing a Company’s Financial Statement

4

9 AM – 1 PM

159

199

Online Webcast

9/21/17

Forensic Accounting: Uncovering Schemes and Scams

4

1 PM – 5 PM

159

199

Online Webcast

9/22/17

Streamlined Excel Reporting Series Session 1: PivotTable Fundamentals

2

11 AM – 1 PM

99

129

Online Webcast

9/22/17

Streamlined Excel Reporting Series Session 2: Working with PivotTables

2

2 PM – 4 PM

99

129

Online Webcast

9/25/17

Excel for Accounting Professionals Session 5: Error Trapping and Improving Lookups

2

11 AM – 1 PM

99

129

Online Webcast

9/25/17

Excel for Accounting Professionals Session 6: List Comparisons and Indenting

2

2 PM – 4 PM

99

129

Online Webcast

9/25/17

Employment Law Update: Examining Critical Issues with FMLA, HIPPA, COBRA, ADA and More

4

1 PM – 5 PM

159

199

Online Webcast

9/26/17

Controller Series: Inflation, Deflation, and Stagflation

1

10 AM – 11 AM

35

45

Online Webcast

9/26/17

Simplifying Security of Online Passwords

1

3 PM – 4 PM

59

69

Online Webcast

9/26/17

Employment Law Update: Reducing Employer Liability

4

9 AM – 1 PM

159

199

Online Webcast

9/27/17

Anticipate Engagement: Motivating the Next Workforce

1

2 PM – 3 PM

35

45

Online Webcast

9/27/17

Anticipate Development: Moving From Employee to Manager to Leader

1

3:30 PM – 4:30 PM

35

45

Online Webcast

OCTOBER 2017

61

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

BUSINESS & INDUSTRY (ONLINE), CONTINUED 9/27/17

Excel for Accounting Professionals Session 8: Dynamic Headers, Mapping Tables and Error Check

2

2 PM – 4 PM

99

129

Online Webcast

9/27/17

Excel for Accounting Professionals Session 7: Date Driven Workbooks and Concatenation

2

11 AM – 1 PM

99

129

Online Webcast

9/27/17

Look, Lead, Love,Learn- (FREE FOR MEMBERS)

2

11 AM – 1 PM

0

90

Online Webcast

9/28/17

Controller Series: Leadership and the Tone at the Top

1

10 AM – 11 AM

35

45

Online Webcast

9/28/17

MS PowerPoint – Advanced Techniques for Better Presentations

2

10 AM – 12 PM

99

129

Online Webcast

9/28/17

Revenue Recognition: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

9/29/17

Streamlined Excel Reporting Series Session 3: PivotTable Wrap-Up and Web Data

2

11 AM – 1 PM

99

129

Online Webcast

9/29/17

Streamlined Excel Reporting Series Session 4: External Data and PivotCharts

2

2 PM – 4 PM

99

129

Online Webcast

9/29/17

Leases: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

9/29/17

Accounting for Deferred Income Taxes

8

9 AM – 5 PM

249

319

Online Webcast

10/04/17

How to Identify, Explain, and Present Pertinent Financial Information to Non-Accountants

2

2 PM – 4 PM

75

90

Online Webcast

10/04/17

Not-for-Profit Accounting and Auditing Update

4

1 PM – 5 PM

159

199

Online Webcast

10/05/17

KPI Dashboards – The New Financial Reporting Model

2

3 PM – 5 PM

99

129

Online Webcast

10/06/17

Employment Law Update: Examining Critical Issues with FMLA, HIPPA, COBRA, ADA and More

4

9 AM – 1 PM

159

199

Online Webcast

10/10/17

2017 Technology Update

2

12 PM – 2 PM

99

129

Online Webcast

10/10/17

Financial Forecasting: Planning for Success

4

9 AM – 1 PM

159

199

Online Webcast

10/10/17

Annual Tax Update: Individuals and Sole Proprietors

8

9 AM – 5 PM

249

319

Online Webcast

10/11/17

Anticipate Client Needs: Beyond Best Practices in Client and Customer Service

1

12 PM – 1 PM

35

45

Online Webcast

10/11/17

Anticipate Engagement: Motivating the Next Workforce

1

1:30 PM – 2:30 PM

35

45

Online Webcast

10/11/17

Time to Get Serious About Information Security

2

1 PM – 3 PM

99

129

Online Webcast

10/11/17

Risk, Cost, and Cash Management for Controllers and Financial Managers

4

1 PM – 5 PM

159

199

Online Webcast

10/12/17

Simplifying Security of Online Passwords

1

3 PM – 4 PM

59

69

Online Webcast

10/12/17

Analyzing a Company’s Financial Statement

4

9 AM – 1 PM

159

199

Online Webcast

10/12/17

The Changing Role of the Controller: Advancing from Tactical to Strategic

4

1 PM – 5 PM

159

199

Online Webcast

10/12/17

Revenue Recognition: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

10/13/17

Excel Power User -Automating with Macros (Part 1)

2

8:30 AM – 10:30 AM

75

90

Online Webcast

10/13/17

U.S. GAAP: Review for Business & Industry

4

9 AM – 1 PM

159

199

Online Webcast

10/13/17

Best Practices for Payroll Taxes and 1099 Issues

8

9 AM – 5 PM

249

319

Online Webcast

10/13/17

Construction Contractors: Accounting, Auditing, and Tax

8

9 AM – 5 PM

249

319

Online Webcast

10/16/17

Leader Evolution: From Technical to Strategic Leadership

2

11 AM – 1 PM

75

90

Online Webcast

62

Group discounts are available.

STATEMENT

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

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63

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

BUSINESS & INDUSTRY (ONLINE), CONTINUED 10/16/17

Controller’s Update: Today’s Latest Trends

4

10:30 AM – 2:30 PM

159

199

Online Webcast

10/16/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

10:30 AM – 6:30 PM

249

319

Online Webcast

10/17/17

Controller Series: Medical Care and Health Insurance

1

10 AM – 11 AM

35

45

Online Webcast

10/18/17

Excel for Accounting Professionals Session 1: Tables and Named References

2

11 AM – 1 PM

99

129

Online Webcast

10/18/17

Excel for Accounting Professionals Session 2: Data Validation and Conditional Formatting

2

2 PM – 4 PM

99

129

Online Webcast

10/18/17

Fraud: Recent Findings, Red Flags and Corruption Scheme

4

1 PM – 5 PM

159

199

Online Webcast

10/19/17

Controller Series: National Infrastructure

1

10 AM – 11 AM

35

45

Online Webcast

10/19/17

MS PowerPoint – Create Presentations that Engage Your Audience

2

3 PM – 5 PM

99

129

Online Webcast

10/19/17

Forensic Accounting: Uncovering Schemes and Scams

4

1 PM – 5 PM

159

199

Online Webcast

10/20/17

Get Out of the Casket and Up to the Podium

2

10 AM – 12 PM

75

90

Online Webcast

10/20/17

Excel for Accounting Professionals Session 3: Workbook Design Principles and Organization

2

11 AM – 1 PM

99

129

Online Webcast

10/20/17

Excel for Accounting Professionals Session 4: Conditional Summing and Lookups

2

2 PM – 4 PM

99

129

Online Webcast

10/23/17

Lean Operations for a New Economy

2

9 AM – 11 AM

75

90

Online Webcast

10/23/17

PFP Boot Camp: Calculator and Time Value of Money

2

12:30 PM – 2:30 PM

99

129

Online Webcast

10/23/17

PFP Boot Camp: PFP Process, Concepts, and Environment

2

9 AM – 11 AM

99

129

Online Webcast

10/23/17

Streamlined Excel Reporting Series Session 1: PivotTable Fundamentals

2

11 AM – 1 PM

99

129

Online Webcast

10/23/17

Streamlined Excel Reporting Series Session 2: Working with PivotTables

2

2 PM – 4 PM

99

129

Online Webcast

10/24/17

Controller Series: Retirement and Succession Planning

1

10 AM – 11 AM

35

45

Online Webcast

10/24/17

MS PowerPoint – Advanced Techniques for Better Presentations

2

2 PM – 4 PM

99

129

Online Webcast

10/24/17

Identity Theft: Preventing, Detecting, and Investigating

8

9 AM – 5 PM

249

319

Online Webcast

10/25/17

Working Together – Four Generations in the Workplace

1

10 AM – 11 AM

35

45

Online Webcast

10/25/17

Excel for Accounting Professionals Session 5: Error Trapping and Improving Lookups

2

11 AM – 1 PM

99

129

Online Webcast

10/25/17

Excel for Accounting Professionals Session 6: List Comparisons and Indenting

2

2 PM – 4 PM

99

129

Online Webcast

10/26/17

Controller Series: Uncertainty & Managing Growth

1

10 AM – 11 AM

35

45

Online Webcast

10/26/17

Using Microsoft OneNote as a MAP Handbook Tool

2

12 PM – 2 PM

99

129

Online Webcast

10/27/17

Working Together – Four Personality Styles in the Workplace

1

1 PM – 2 PM

35

45

Online Webcast

10/27/17

Excel for Accounting Professionals Session 7: Date Driven Workbooks and Concatenation

2

11 AM – 1 PM

99

129

Online Webcast

10/27/17

Excel for Accounting Professionals Session 8: Dynamic Headers, Mapping Tables and Error Check

2

2 PM – 4 PM

99

129

Online Webcast

10/27/17

Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know

4

9 AM – 1 PM

159

199

Online Webcast

10/27/17

Leases: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

64

Group discounts are available.

STATEMENT

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

BUSINESS & INDUSTRY (ONLINE), CONTINUED 10/30/17

PFP Boot Camp: PFP Standards and Responsibilities

2

9 AM – 11 AM

99

129

Online Webcast

10/30/17

Streamlined Excel Reporting Series Session 3: PivotTable Wrap-Up and Web Data

2

11 AM – 1 PM

99

129

Online Webcast

10/30/17

Streamlined Excel Reporting Series Session 4: External Data and PivotCharts

2

2 PM – 4 PM

99

129

Online Webcast

10/30/17

PFP Boot Camp: Estate and Charitable Planning

4

1 PM – 5 PM

159

199

Online Webcast

10/30/17

Employment Law Update: Reducing Employer Liability

4

1 PM – 5 PM

159

199

Online Webcast

11/01/17

2017 Technology Update

2

10 AM – 12 PM

99

129

Online Webcast

11/01/17

Fraud: Recent Findings, Red Flags and Corruption Scheme

4

9 AM – 1 PM

159

199

Online Webcast

11/02/17

Conflict and Communication – You vs. Me vs. Them

2

2 PM – 4 PM

75

90

Online Webcast

11/03/17

KPI Dashboards – The New Financial Reporting Model

2

1 PM – 3 PM

99

129

Online Webcast

11/03/17

Annual Tax Update: Individuals and Sole Proprietors

8

9 AM – 5 PM

249

319

Online Webcast

11/03/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

9 AM – 5 PM

249

319

Online Webcast

11/06/17

Financial Storytelling: The Key in Growing Your Organization to The Next Level

2

1 PM – 3 PM

75

90

Online Webcast

11/06/17

Excel for Accounting Professionals Session 1: Tables and Named References

2

11 AM – 1 PM

99

129

Online Webcast

11/06/17

Excel for Accounting Professionals Session 2: Data Validation and Conditional Formatting

2

2 PM – 4 PM

99

129

Online Webcast

11/06/17

PFP Boot Camp: Investment and Education Planning

4

1:30 PM – 5:30 PM

159

199

Online Webcast

11/06/17

PFP Boot Camp: Retirement and Elder Planning

4

8:30 AM – 12:30 PM

159

199

Online Webcast

11/06/17

Multistate Taxation

8

10:30 AM – 6:30 PM

249

319

Online Webcast

11/07/17

Leader Evolution: From Technical to Strategic Leadership

2

12 PM – 2 PM

75

90

Online Webcast

11/07/17

Risk, Cost, and Cash Management for Controllers and Financial Managers

4

1 PM – 5 PM

159

199

Online Webcast

11/07/17

Accounting and Auditing Update

4

9 AM – 1 PM

159

199

Online Webcast

11/07/17

Financial Forecasting: Planning for Success

4

9 AM – 1 PM

159

199

Online Webcast

11/08/17

Anticipate Development: Moving From Employee to Manager to Leader

1

1 PM – 2 PM

35

45

Online Webcast

11/08/17

Excel for Accounting Professionals Session 3: Workbook Design Principles and Organization

2

11 AM – 1 PM

99

129

Online Webcast

11/08/17

Excel for Accounting Professionals Session 4: Conditional Summing and Lookups

2

2 PM – 4 PM

99

129

Online Webcast

11/08/17

Effective Business Communication

3

12 PM – 3 PM

139

179

Online Webcast

11/09/17

Time to Get Serious About Information Security

2

11 AM – 1 PM

99

129

Online Webcast

11/09/17

Capitalized Costs and Depreciation: Key Issues and Answers

6

10 AM – 5 PM

159

199

Online Webcast

11/09/17

The Changing Role of the Controller: Advancing from Tactical to Strategic

4

9 AM – 1 PM

159

199

Online Webcast

11/10/17

Streamlined Excel Reporting Series Session 1: PivotTable Fundamentals

2

11 AM – 1 PM

99

129

Online Webcast

11/10/17

Streamlined Excel Reporting Series Session 2: Working with PivotTables

2

2 PM – 4 PM

99

129

Online Webcast

OCTOBER 2017

65

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

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STATEMENT

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

BUSINESS & INDUSTRY (ONLINE), CONTINUED 11/10/17

Construction Contractors: Accounting, Auditing, and Tax

8

9 AM – 5 PM

249

319

Online Webcast

11/10/17

Leases: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

11/13/17

Excel for Accounting Professionals Session 5: Error Trapping and Improving Lookups

2

11 AM – 1 PM

99

129

Online Webcast

11/13/17

Excel for Accounting Professionals Session 6: List Comparisons and Indenting

2

2 PM – 4 PM

99

129

Online Webcast

11/13/17

PFP Boot Camp: Risk Mgmt. and EE/Business-Owner Planning

4

9 AM – 1 AM

159

199

Online Webcast

11/13/17

The Eight Hour MBA

8

9 AM – 5 PM

245

345

Online Webcast

11/14/17

Simplifying Security of Online Passwords

1

10 AM – 11 AM

59

69

Online Webcast

11/14/17

The New Power Query: Get and Transform Your Data in Excel 2016

2

8 AM – 10 AM

99

129

Online Webcast

11/14/17

Choice of and Formation of Entity

4

1 PM – 5 PM

159

199

Online Webcast

11/14/17

Accounting for Deferred Income Taxes

8

9 AM – 5 PM

249

319

Online Webcast

11/15/17

Excel for Accounting Professionals Session 7: Date Driven Workbooks and Concatenation

2

11 AM – 1 PM

99

129

Online Webcast

11/15/17

Excel for Accounting Professionals Session 8: Dynamic Headers, Mapping Tables and Error Check

2

2 PM – 4 PM

99

129

Online Webcast

11/16/17

Global Diversity: Driving Innovation Through Inclusion

1

1 PM – 2 PM

59

69

Online Webcast

11/16/17

Forensic Accounting: Uncovering Schemes and Scams

4

1 PM – 5 PM

159

199

Online Webcast

11/16/17

Get Ready for the Fast Future – The Anticipatory CPA- (FREE FOR MEMBERS)

1

1 PM – 2 PM

0

45

Online Webcast

11/17/17

Streamlined Excel Reporting Series Session 3: PivotTable Wrap-Up and Web Data

2

11 AM – 1 PM

99

129

Online Webcast

11/17/17

Streamlined Excel Reporting Series Session 4: External Data and PivotCharts

2

2 PM – 4 PM

99

129

Online Webcast

11/17/17

Identity Theft: Preventing, Detecting, and Investigating

8

9 AM – 5 PM

249

319

Online Webcast

11/20/17

Controller’s Update: Today’s Latest Trends

4

1 PM – 5 PM

159

199

Online Webcast

11/22/17

MS PowerPoint – Create Presentations that Engage Your Audience

2

1 PM – 3 PM

99

129

Online Webcast

11/27/17

Working Together – Four Generations in the Workplace

1

10 AM – 11 AM

35

45

Online Webcast

11/27/17

Using Microsoft OneNote as a MAP Handbook Tool

2

12 PM – 2 PM

99

129

Online Webcast

11/27/17

Not-for-Profit Accounting and Auditing Update

4

1 PM – 5 PM

159

199

Online Webcast

11/27/17

U.S. GAAP: Review for Business & Industry

4

10:30 AM – 2:30 PM

159

199

Online Webcast

11/27/17

Best Practices for Payroll Taxes and 1099 Issues

8

10:30 AM – 6:30 PM

249

319

Online Webcast

11/28/17

MS PowerPoint – Advanced Techniques for Better Presentations

2

2 PM – 4 PM

249

319

Online Webcast

11/28/17

Revenue Recognition: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

11/29/17

Working Together – Four Personality Styles in the Workplace

1

10 AM – 11 AM

35

45

Online Webcast

11/29/17

Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know

4

1 PM – 5 PM

159

199

Online Webcast

11/30/17

Controller Series: Acquiring Distressed Assets

1

10 AM – 11 AM

35

45

Online Webcast

OCTOBER 2017

67

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

BUSINESS & INDUSTRY (ONLINE), CONTINUED 11/30/17

Analyzing a Company’s Financial Statement

4

1 PM – 5 PM

159

199

Online Webcast

11/30/17

Employment Law Update: Reducing Employer Liability

4

1 PM – 5 PM

159

199

Online Webcast

11/30/17

Employment Law Update: Examining Critical Issues with FMLA, HIPPA, COBRA, ADA and More

4

9 AM – 1 PM

159

199

Online Webcast

12/01/17

Choice of and Formation of Entity

4

1 PM – 5 PM

159

199

Online Webcast

12/01/17

Construction Contractors: Accounting, Auditing, and Tax

8

9 AM – 5 PM

249

319

Online Webcast

12/01/17

Audits of 401(k) Plans

8

9 AM – 5 PM

249

319

Online Webcast

12/02/17

Brand You: How to be a leader and boost your career… with a little help from social media- (FREE FOR MEMBERS)

1

10 AM – 11 AM

0

45

Online Webcast

12/04/17

Excel for Accounting Professionals Session 1: Tables and Named References

2

11 AM – 1 PM

99

129

Online Webcast

12/04/17

Excel for Accounting Professionals Session 2: Data Validation and Conditional Formatting

2

2 PM – 4 PM

99

129

Online Webcast

12/05/17

Time to Get Serious About Information Security

2

1 PM – 3 PM

99

129

Online Webcast

12/05/17

Financial Forecasting: Planning for Success

4

9 AM – 1 PM

159

199

Online Webcast

12/06/17

The Finance and Accounting Organization as Strategist and Partner to the Business

1

2 PM – 3 PM

35

45

Online Webcast

12/06/17

Excel for Accounting Professionals Session 3: Workbook Design Principles and Organization

2

11 AM – 1 PM

99

129

Online Webcast

12/06/17

Excel for Accounting Professionals Session 4: Conditional Summing and Lookups

2

2 PM – 4 PM

99

129

Online Webcast

12/07/17

Simplifying Security of Online Passwords

1

10 AM – 11 AM

59

69

Online Webcast

12/07/17

Leader Evolution: From Technical to Strategic Leadership

2

11 AM – 1 PM

75

90

Online Webcast

12/07/17

How to Identify, Explain, and Present Pertinent Financial Information to Non-Accountants

2

12 PM – 2 PM

75

90

Online Webcast

12/07/17

Analyzing a Company’s Financial Statement

4

9 AM – 1 PM

159

199

Online Webcast

12/08/17

Anticipate Client Needs: Beyond Best Practices in Client and Customer Service

1

2 PM – 3 PM

35

45

Online Webcast

12/08/17

Anticipate Engagement: Motivating the Next Workforce

1

12 PM – 1 PM

35

45

Online Webcast

12/08/17

Streamlined Excel Reporting Series Session 1: PivotTable Fundamentals

2

11 AM – 1 PM

99

129

Online Webcast

12/08/17

Streamlined Excel Reporting Series Session 2: Working with PivotTables

2

2 PM – 4 PM

99

129

Online Webcast

12/11/17

Excel for Accounting Professionals Session 5: Error Trapping and Improving Lookups

2

11 AM – 1 PM

99

129

Online Webcast

12/11/17

Excel for Accounting Professionals Session 6: List Comparisons and Indenting

2

2 PM – 4 PM

99

129

Online Webcast

12/11/17

The Changing Role of the Controller: Advancing from Tactical to Strategic

4

2 PM – 6:30 PM

159

199

Online Webcast

12/12/17

2017 Technology Update

2

2 PM – 4 PM

99

129

Online Webcast

12/12/17

Leases: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

12/13/17

2017 CPA Summit

7

8 AM – 4:10 PM

325

425

Columbia & Online

12/13/17

Excel for Accounting Professionals Session 7: Date Driven Workbooks and Concatenation

2

11 AM – 1 PM

99

129

Online Webcast

68

Group discounts are available.

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Trusting you BUILDING THE SKILLS CLIENTS CAN TRUST.

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STRATEGIC LEARNING POWERED BY

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69

DATE

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CPE

TIME

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BUSINESS & INDUSTRY (ONLINE), CONTINUED 12/13/17

Excel for Accounting Professionals Session 8: Dynamic Headers, Mapping Tables and Error Check

2

2 PM – 4 PM

99

129

Online Webcast

12/13/17

Capitalized Costs and Depreciation: Key Issues and Answers

6

10 AM – 5 PM

159

199

Online Webcast

12/14/17

MS PowerPoint – Create Presentations that Engage Your Audience

2

3 PM – 5 PM

99

129

Online Webcast

12/14/17

Using Microsoft OneNote as a MAP Handbook Tool

2

10 AM – 12 PM

99

129

Online Webcast

12/14/17

Employment Law Update: Examining Critical Issues with FMLA, HIPPA, COBRA, ADA and More

4

9 AM – 1 PM

159

199

Online Webcast

12/14/17

Controller’s Update: Today’s Latest Trends

4

1 PM – 5 PM

159

199

Online Webcast

12/15/17

Streamlined Excel Reporting Series Session 3: PivotTable Wrap-Up and Web Data

2

11 AM – 1 PM

99

129

Online Webcast

12/15/17

Streamlined Excel Reporting Series Session 4: External Data and PivotCharts

2

2 PM – 4 PM

99

129

Online Webcast

12/15/17

Employment Law Update: Reducing Employer Liability

4

9 AM – 1 PM

159

199

Online Webcast

12/15/17

Risk, Cost, and Cash Management for Controllers and Financial Managers

4

9 AM – 1 PM

159

199

Online Webcast

12/15/17

U.S. GAAP: Review for Business & Industry

4

9 AM – 1 PM

159

199

Online Webcast

12/18/17

KPI Dashboards – The New Financial Reporting Model

2

3 PM – 5 PM

99

129

Online Webcast

12/18/17

The New Power Query: Get and Transform Your Data in Excel 2016

2

1 PM – 3 PM

99

129

Online Webcast

12/18/17

Identity Theft: Preventing, Detecting, and Investigating

8

10:30 AM – 6:30 PM

249

319

Online Webcast

12/19/17

Not-for-Profit Accounting and Auditing Update

4

1 PM – 5 PM

159

199

Online Webcast

12/19/17

Best Practices for Payroll Taxes and 1099 Issues

8

9 AM – 5 PM

249

319

Online Webcast

12/20/17

Working Together – Four Generations in the Workplace

1

1 PM – 2 PM

35

45

Online Webcast

12/20/17

Effective Business Communication

3

12 PM – 3 PM

139

179

Online Webcast

12/21/17

Working Together – Four Personality Styles in the Workplace

1

3 PM – 4 PM

35

45

Online Webcast

12/21/17

MS PowerPoint – Advanced Techniques for Better Presentations

2

10 AM – 12 PM

99

129

Online Webcast

12/21/17

Forensic Accounting: Uncovering Schemes and Scams

4

1 PM – 5 PM

159

199

Online Webcast

12/26/17

Revenue Recognition: Mastering the New FASB Requirements

8

9 AM – 5 PM

249

319

Online Webcast

12/26/17

Multistate Taxation

8

9 AM – 5 PM

249

319

Online Webcast

12/27/17

Excel Power User -Automating with Macros (Part 1)

2

10 AM – 12 PM

75

90

Online Webcast

12/27/17

Fraud: Recent Findings, Red Flags and Corruption Scheme

4

1 PM – 5 PM

159

199

Online Webcast

12/27/17

Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know

4

1 PM – 5 PM

159

199

Online Webcast

12/29/17

Annual Tax Update: Individuals and Sole Proprietors

8

9 AM – 5 PM

249

319

Online Webcast

12/29/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

9 AM – 5 PM

249

319

Online Webcast

1

10 AM – 11 AM

35

45

Online Webcast

EMPLOYEE EM P LO Y E E BBENEFITS E N EFITS (ONLINE) 9/21/17

70

Controller Series: Human Resource Effectiveness Group discounts are available.

STATEMENT

DATE

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CPE

TIME

MEMBER

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EMPLOYEE BENEFITS (ONLINE), CONTINUED 9/26/17

Employment Law Update: Reducing Employer Liability

4

9 AM – 1 PM

159

199

Online Webcast

10/17/17

Controller Series: Medical Care and Health Insurance

1

10 AM – 11 AM

35

45

Online Webcast

10/30/17

Employment Law Update: Reducing Employer Liability

4

1 PM – 5 PM

159

199

Online Webcast

11/30/17

Employment Law Update: Reducing Employer Liability

4

1 PM – 5 PM

159

199

Online Webcast

12/01/17

Audits of 401(k) Plans

8

9 AM – 5 PM

249

319

Online Webcast

E T HI CETHICS S (ONLINE) 9/29/17

Ethics: Critical Thinking, Case Studies, and Fraud

4

12 PM – 4 PM

110

140

Online Webcast

10/04/17

AICPA Code: Ethics in Practice

2

1 PM – 3 PM

99

129

Online Webcast

10/26/17

Ethics: Critical Thinking, Case Studies, and Fraud

4

1 PM – 5 PM

110

140

Online Webcast

11/16/17

AICPA Code: Ethics in Practice

2

9 AM – 11 AM

99

129

Online Webcast

11/17/17

Ethics: Critical Thinking, Case Studies, and Fraud

4

1 PM – 5 PM

110

140

Online Webcast

12/18/17

Ethics: Critical Thinking, Case Studies, and Fraud

4

10 AM – 2 PM

110

140

Online Webcast

12/19/17

AICPA Code: Ethics in Practice

2

11 AM – 1 PM

99

129

Online Webcast

GOV E GOVERNMENT R N M E N T (ONLINE) 9/27/17

2017 SEC Quarterly Update Q3 Webcast

2

1 PM – 3 PM

99

129

Online Webcast

10/05/17

Applying the Uniform Guidance in Your Single Audits

8

9 AM – 5 PM

249

319

Online Webcast

10/13/17

Yellow Book Financial Audits

4

1 PM – 5 PM

159

199

Online Webcast

10/16/17

Fraud Risk in Governmental and Not-for-Profit Organizations

4

1 PM – 5 PM

159

199

Online Webcast

10/16/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

10:30 AM – 6:30 PM

249

319

Online Webcast

10/18/17

Audits of HUD-Assisted Projects

4

1 PM – 5 PM

159

199

Online Webcast

11/02/17

Applying the Uniform Guidance in Your Single Audits

8

9 AM – 5 PM

249

319

Online Webcast

11/03/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

9 AM – 5 PM

249

319

Online Webcast

11/10/17

Yellow Book Financial Audits

4

1 PM – 5 PM

159

199

Online Webcast

11/13/17

Audits of HUD-Assisted Projects

4

1 PM – 5 PM

159

199

Online Webcast

11/15/17

Fraud Risk in Governmental and Not-for-Profit Organizations

4

1 PM – 5 PM

159

199

Online Webcast

12/11/17

Fraud Risk in Governmental and Not-for-Profit Organizations

4

1 PM – 5 PM

159

199

Online Webcast

12/20/17

Yellow Book Financial Audits

4

1 PM – 5 PM

159

199

Online Webcast

12/22/17

Audits of HUD-Assisted Projects

4

1 PM – 5 PM

159

199

Online Webcast

12/28/17

Applying the Uniform Guidance in Your Single Audits

8

9 AM – 5 PM

249

319

Online Webcast

12/29/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

9 AM – 5 PM

249

319

Online Webcast

OCTOBER 2017

71

DATE

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CPE

TIME

MEMBER

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LEGISLATIVE & REGULATORY (ONLINE)

LE G I S LEGISLATIVE L ATIV E &&REGULATORY RE GULATORY (ONLINE) 9/25/17

48th Annual Chesapeake Tax Conference

16

8 AM – 3:45 PM

300

400

Baltimore & Online

/ NOT-FOR-PROFIT NON PNONPROFIT R O F IT / N OT-F OR -PR OF IT (ONLINE) 10/03/17

Form 990: Exploring the Form’s Complex Schedules

8

9 AM – 5 PM

249

319

Online Webcast

10/04/17

Not-for-Profit Accounting and Auditing Update

4

1 PM – 5 PM

159

199

Online Webcast

10/05/17

Applying the Uniform Guidance in Your Single Audits

8

9 AM – 5 PM

249

319

Online Webcast

10/16/17

Fraud Risk in Governmental and Not-for-Profit Organizations

4

1 PM – 5 PM

159

199

Online Webcast

10/16/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

10:30 AM – 6:30 PM

249

319

Online Webcast

11/03/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

9 AM – 5 PM

249

319

Online Webcast

11/15/17

Fraud Risk in Governmental and Not-for-Profit Organizations

4

1 PM – 5 PM

159

199

Online Webcast

11/15/17

Form 990: Exploring the Form’s Complex Schedules

8

9 AM – 5 PM

249

319

Online Webcast

11/17/17

Form 990

8

9 AM – 5 PM

249

319

Online Webcast

11/27/17

Not-for-Profit Accounting and Auditing Update

4

1 PM – 5 PM

159

199

Online Webcast

12/04/17

Form 990

8

10:30 AM – 6:30 PM

159

199

Online Webcast

12/11/17

Fraud Risk in Governmental and Not-for-Profit Organizations

4

1 PM – 5 PM

159

199

Online Webcast

12/19/17

Not-for-Profit Accounting and Auditing Update

4

1 PM – 5 PM

159

199

Online Webcast

12/21/17

Form 990: Exploring the Form’s Complex Schedules

8

9 AM – 5 PM

249

319

Online Webcast

12/28/17

Applying the Uniform Guidance in Your Single Audits

8

9 AM – 5 PM

249

319

Online Webcast

12/29/17

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors

8

9 AM – 5 PM

249

319

Online Webcast

PLANNING PER S OPERSONAL N A L FFINANCIAL IN AN CIAL PLAN N IN G (ONLINE) 9/25/17

48th Annual Chesapeake Tax Conference

16

8 AM – 3:45 PM

300

400

Baltimore & Online

10/24/17

32nd Annual Personal Financial Planning Conference

8

8 AM – 4:35 PM

320

420

Towson & Online

11/10/17

Estate & Tax Primer

4

9 AM – 1 PM

159

199

Online Webcast

12/11/17

Estate & Tax Primer

4

10:30 AM – 2:30 PM

159

199

Online Webcast

PRA CTPRACTITIONERS ITIO N E R S (ONLINE) 9/25/17

48th Annual Chesapeake Tax Conference

16

8 AM – 3:45 PM

300

400

Baltimore & Online

12/14/17

MACPA’s 1040 Fast Track

16

8 AM – 4 PM

400

500

Columbia & Online

01/04/18

MACPA’s 1040 Fast Track

16

8 AM – 4 PM

400

500

Timonium & Online

4

9 AM – 1 PM

159

199

Online Webcast

TAX TA X (ONLINE) 9/21/17

72

Social Security and Medicare: Maximizing Retirement Benefits

Group discounts are available.

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TAX (ONLINE), CONTINUED 9/25/17

48th Annual Chesapeake Tax Conference

16

8 AM – 3:45 PM

300

400

Baltimore & Online

9/28/17

Affordable Care Act: Critical Tax and Insurance Ramifications

4

1 PM – 5 PM

199

159

Online Webcast

10/03/17

Form 990: Exploring the Form’s Complex Schedules

8

9 AM – 5 PM

249

319

Online Webcast

10/06/17

Basis/Distributions for Pass-Through Entities: Simplifying the Complexities

8

9 AM – 5 PM

249

319

Online Webcast

10/10/17

Annual Tax Update: Individuals and Sole Proprietors

8

9 AM – 5 PM

249

319

Online Webcast

10/13/17

Best Practices for Payroll Taxes and 1099 Issues

8

9 AM – 5 PM

249

319

Online Webcast

10/26/17

Social Security and Medicare: Maximizing Retirement Benefits

4

9 AM – 1 PM

159

199

Online Webcast

10/26/17

Affordable Care Act: Critical Tax and Insurance Ramifications

4

1 PM – 5 PM

199

159

Online Webcast

10/30/17

Annual Tax Update: Corporations and Pass-Through Entities

8

10:30 AM – 6:30 PM

249

319

Online Webcast

11/01/17

Working Paper Documentation

2

1 PM – 3 PM

99

129

Online Webcast

11/01/17

Taxation of Corporations

8

9 AM – 5 PM

249

319

Online Webcast

11/03/17

Annual Tax Update: Individuals and Sole Proprietors

8

9 AM – 5 PM

249

319

Online Webcast

11/06/17

Multistate Taxation

8

10:30 AM – 6:30 PM

249

319

Online Webcast

11/07/17

Introduction to Business Acquisitions

8

9 AM – 5 PM

249

319

Online Webcast

11/09/17

Don Farmer’s 2017 Individual Income Tax Workshop

8

8 AM – 4 PM

315

415

Baltimore & Online

11/09/17

Tax Accounting for Inventories

2

1 PM – 3 PM

99

129

Online Webcast

11/09/17

Capitalized Costs and Depreciation: Key Issues and Answers

6

10 AM – 5 PM

159

199

Online Webcast

11/10/17

Don Farmer’s 2017 Corporate Income Tax Workshop

8

8 AM – 4 PM

295

395

Baltimore & Online

11/10/17

Estate & Tax Primer

4

9 AM – 1 PM

159

199

Online Webcast

11/10/17

Advanced Tax Planning S Corporations

8

9 AM – 5 PM

249

319

Online Webcast

11/13/17

Individual Tax Fundamentals

8

10:30 AM – 6:30 PM

249

319

Online Webcast

11/14/17

Choice of and Formation of Entity

4

1 PM – 5 PM

159

199

Online Webcast

11/14/17

S Corporation Fundamentals

8

9 AM – 5 PM

249

319

Online Webcast

11/15/17

Tax Research I

4

1 PM – 5 PM

159

199

Online Webcast

11/15/17

Form 990: Exploring the Form’s Complex Schedules

8

9 AM – 5 PM

249

319

Online Webcast

11/16/17

Taxation of Property Transactions

4

1 PM – 5 PM

159

199

Online Webcast

11/16/17

Affordable Care Act: Critical Tax and Insurance Ramifications

4

9 AM – 1 PM

199

159

Online Webcast

11/17/17

Form 990

8

9 AM – 5 PM

249

319

Online Webcast

11/20/17

Basis/Distributions for Pass-Through Entities: Simplifying the Complexities

8

10:30 AM – 6:30 PM

249

319

Online Webcast

11/21/17

Tax Planning for Small Businesses

4

9 AM – 1 PM

159

199

Online Webcast

OCTOBER 2017

73

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Johns Hopkins Applied Physics Lab CPE: 7 | Simulcast Available The Business Learning Institute CPA Summit is a one-day event where CPAs learn from the most important voices in the profession and find solutions to push careers forward. Topics include leadership, technology, cutting-edge trends, and emerging professional issues. This interactive event is the CPA event of the year.

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STATEMENT

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TAX (ONLINE), CONTINUED 8

9 AM – 5 PM

249

319

Online Webcast

2.5

1 PM – 3:15 PM

119

149

Online Webcast

Individual Tax Planning

8

10:30 AM – 6:30 PM

249

319

Online Webcast

11/27/17

Best Practices for Payroll Taxes and 1099 Issues

8

10:30 AM – 6:30 PM

249

319

Online Webcast

11/28/17

Annual Tax Update: Corporations and Pass-Through Entities

8

9 AM – 5 PM

249

319

Online Webcast

11/28/17

Tax Fundamentals of LLCs and Partnerships

8

9 AM – 5 PM

249

319

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11/29/17

Accounting Methods and Periods

2

10 AM – 12 PM

99

129

Online Webcast

11/29/17

IRS Audits

4

1 PM – 5 PM

159

199

Online Webcast

11/30/17

Social Security and Medicare: Maximizing Retirement Benefits

4

1 PM – 5 PM

159

199

Online Webcast

12/01/17

Don Farmer’s 2017 Federal Tax Update

8

8 AM – 4 PM

295

395

Baltimore & Online

12/01/17

Choice of and Formation of Entity

4

1 PM – 5 PM

159

199

Online Webcast

12/01/17

S Corporation Fundamentals

8

9 AM – 5 PM

249

319

Online Webcast

12/04/17

Form 990

8

10:30 AM – 6:30 PM

159

199

Online Webcast

12/04/17

Taxation of Corporations

8

10:30 AM – 6:30 PM

249

319

Online Webcast

12/05/17

Individual Tax Fundamentals

8

9 AM – 5 PM

249

319

Online Webcast

12/06/17

Taxation of Property Transactions

4

1 PM – 5 PM

159

199

Online Webcast

12/07/17

Tax Accounting for Inventories

2

1 PM – 3 PM

99

129

Online Webcast

12/07/17

Tax Research I

4

1 PM – 5 PM

159

199

Online Webcast

12/08/17

Intermediate Individual Taxation

8

9 AM – 5 PM

249

319

Online Webcast

12/11/17

Estate & Tax Primer

4

10:30 AM – 2:30 PM

159

199

Online Webcast

12/12/17

Annual Tax Update: Corporations and Pass-Through Entities

8

9 AM – 5 PM

249

319

Online Webcast

12/12/17

Basis/Distributions for Pass-Through Entities: Simplifying the Complexities

8

9 AM – 5 PM

249

319

Online Webcast

12/13/17

Capitalized Costs and Depreciation: Key Issues and Answers

6

10 AM – 5 PM

159

199

Online Webcast

12/14/17

MACPA’s 1040 Fast Track

16

8 AM – 4 PM

400

500

Columbia & Online

12/14/17

Tax Research 2

2.5

1 PM – 3:15 PM

119

149

Online Webcast

12/15/17

Working Paper Documentation

2

1 PM – 3 PM

99

129

Online Webcast

12/18/17

Advanced Tax Planning S Corporations

8

10:30 AM – 6:30 PM

249

319

Online Webcast

12/19/17

Tax Planning for Small Businesses

4

1 PM – 5 PM

159

199

Online Webcast

12/19/17

Best Practices for Payroll Taxes and 1099 Issues

8

9 AM – 5 PM

249

319

Online Webcast

12/21/17

IRS Audits

4

1 PM – 5 PM

159

199

Online Webcast

11/21/17

Intermediate Individual Taxation

11/22/17

Tax Research 2

11/27/17

OCTOBER 2017

75

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

TAX (ONLINE), CONTINUED 12/21/17

Social Security and Medicare: Maximizing Retirement Benefits

4

9 AM – 1 PM

159

199

Online Webcast

12/21/17

Form 990: Exploring the Form’s Complex Schedules

8

9 AM – 5 PM

249

319

Online Webcast

12/22/17

Accounting Methods and Periods

2

9 AM – 11 AM

99

129

Online Webcast

12/22/17

Tax Fundamentals of LLCs and Partnerships

8

9 AM – 5 PM

249

319

Online Webcast

12/26/17

Introduction to Business Acquisitions

8

9 AM – 5 PM

249

319

Online Webcast

12/26/17

Multistate Taxation

8

9 AM – 5 PM

249

319

Online Webcast

12/27/17

Affordable Care Act: Critical Tax and Insurance Ramifications

4

9 AM – 1 PM

199

159

Online Webcast

12/29/17

Annual Tax Update: Individuals and Sole Proprietors

8

9 AM – 5 PM

249

319

Online Webcast

12/29/17

Individual Tax Planning

8

9 AM – 5 PM

249

319

Online Webcast

01/04/18

MACPA’s 1040 Fast Track

16

8 AM – 4 PM

400

500

Timonium & Online

TECHNOLOGY TECHN O L O G Y (ONLINE) 9/20/17

Cybersecurity Advisory Engagements: What You Need to Know

4

9 AM – 1 PM

159

199

Online Webcast

9/21/17

MS PowerPoint – Create Presentations that Engage Your Audience

2

1 PM – 3 PM

99

129

Online Webcast

9/22/17

Cybersecurity Advisory Engagements Essentials

8

9 AM – 5 PM

249

319

Online Webcast

9/26/17

Simplifying Security of Online Passwords

1

3 PM – 4 PM

59

69

Online Webcast

9/26/17

Cybersecurity Series – Protecting Your PC & Mobile Devices

2

11 AM – 1 PM

99

129

Online Webcast

9/27/17

Cloud Systems – Is My Data Safe and Secure?

1

10 AM – 11 AM

59

69

Online Webcast

9/27/17

10 Steps to a Digital Office in the Cloud

2

12 PM – 2 PM

99

129

Online Webcast

9/28/17

MS PowerPoint – Advanced Techniques for Better Presentations

2

10 AM – 12 PM

99

129

Online Webcast

9/29/17

Accounting for Deferred Income Taxes

8

9 AM – 5 PM

249

319

Online Webcast

10/03/17

Cybersecurity Series – Using the Internet Safely & Securely

2

2 PM – 4 PM

99

129

Online Webcast

10/05/17

KPI Dashboards – The New Financial Reporting Model

2

3 PM – 5 PM

99

129

Online Webcast

10/10/17

2017 Technology Update

2

12 PM – 2 PM

99

129

Online Webcast

10/11/17

Time to Get Serious About Information Security

2

1 PM – 3 PM

99

129

Online Webcast

10/12/17

Simplifying Security of Online Passwords

1

3 PM – 4 PM

59

69

Online Webcast

10/13/17

Mastering Data Preparation and Analysis in Excel

2

3 PM – 5 PM

99

129

Online Webcast

10/16/17

Spreadsheet Risk – Can you eliminate it?

2

2 PM – 4 PM

99

129

Online Webcast

10/17/17

Cloud Systems – Is My Data Safe and Secure?

1

12 PM – 1 PM

59

69

Online Webcast

10/17/17

10 Steps to a Digital Office in the Cloud

2

2 PM – 4 PM

99

129

Online Webcast

10/17/17

Cybersecurity Advisory Engagements: What You Need to Know

4

9 AM – 1 PM

159

199

Online Webcast

76

Group discounts are available.

STATEMENT

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

TECHNOLOGY (ONLINE), CONTINUED 10/19/17

MS PowerPoint – Create Presentations that Engage Your Audience

2

3 PM – 5 PM

99

129

Online Webcast

10/20/17

Data Breaches & Other Cyber Frauds: A 21st Century Risk to Your Organization

4

9 AM – 1 PM

159

199

Online Webcast

10/24/17

MS PowerPoint – Advanced Techniques for Better Presentations

2

2 PM – 4 PM

99

129

Online Webcast

10/24/17

Cybersecurity Advisory Engagements Essentials

8

9 AM – 5 PM

249

319

Online Webcast

10/26/17

Using Microsoft OneNote as a MAP Handbook Tool

2

12 PM – 2 PM

99

129

Online Webcast

10/31/17

Cybersecurity Series – What CEOs and Partners Should Know

2

1 AM – 3 PM

99

129

Online Webcast

11/01/17

2017 Technology Update

2

10 AM – 12 PM

99

129

Online Webcast

11/03/17

KPI Dashboards – The New Financial Reporting Model

2

1 PM – 3 PM

99

129

Online Webcast

11/07/17

Cybersecurity Series – Email Threats and Protection

2

11 AM – 1 PM

99

129

Online Webcast

11/07/17

Cybersecurity Advisory Engagements: What You Need to Know

4

1 PM – 5 PM

159

199

Online Webcast

11/07/17

Accounting and Auditing Update

4

9 AM – 1 PM

159

199

Online Webcast

11/09/17

Time to Get Serious About Information Security

2

11 AM – 1 PM

99

129

Online Webcast

11/14/17

Simplifying Security of Online Passwords

1

10 AM – 11 AM

59

69

Online Webcast

11/14/17

Adobe Acrobat Best Practices and Productivity Features

2

3 PM – 5 PM

75

90

Online Webcast

11/14/17

Cybersecurity Advisory Engagements Essentials

8

9 AM – 5 PM

249

319

Online Webcast

11/14/17

Accounting for Deferred Income Taxes

8

9 AM – 5 PM

249

319

Online Webcast

11/16/17

Data Breaches & Other Cyber Frauds: A 21st Century Risk to Your Organization

4

1 PM – 5 PM

159

199

Online Webcast

11/20/17

Cloud Systems – Is My Data Safe and Secure?

1

10 AM – 11 AM

59

69

Online Webcast

11/20/17

10 Steps to a Digital Office in the Cloud

2

12 PM – 2 PM

99

129

Online Webcast

11/21/17

Spreadsheet Risk – Can you eliminate it?

2

1 PM – 3 PM

99

129

Online Webcast

11/22/17

MS PowerPoint – Create Presentations that Engage Your Audience

2

1 PM – 3 PM

99

129

Online Webcast

11/27/17

Using Microsoft OneNote as a MAP Handbook Tool

2

12 PM – 2 PM

99

129

Online Webcast

11/28/17

MS PowerPoint – Advanced Techniques for Better Presentations

2

2 PM – 4 PM

249

319

Online Webcast

11/29/17

Cybersecurity Series – Protecting Your PC & Mobile Devices

2

9 AM – 11 AM

99

129

Online Webcast

11/29/17

Mastering Data Preparation and Analysis in Excel

2

10 AM – 12 PM

99

129

Online Webcast

12/04/17

Cybersecurity Advisory Engagements: What You Need to Know

4

10:30 AM – 2:30 PM

159

199

Online Webcast

12/04/17

Cybersecurity Advisory Engagements: What You Need to Know

4

10:30 AM – 2:30 PM

159

199

Online Webcast

12/05/17

Time to Get Serious About Information Security

2

1 PM – 3 PM

99

129

Online Webcast

12/06/17

Data Breaches & Other Cyber Frauds: A 21st Century Risk to Your Organization

4

1 PM – 5 PM

159

199

Online Webcast

12/07/17

Simplifying Security of Online Passwords

1

10 AM – 11 AM

59

69

Online Webcast

OCTOBER 2017

77

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

TECHNOLOGY (ONLINE), CONTINUED 12/12/17

Microsoft Outlook and Word 2010: Productivity Tips and Tricks

2

2 PM – 4 PM

75

90

Online Webcast

12/12/17

2017 Technology Update

2

2 PM – 4 PM

99

129

Online Webcast

12/13/17

2017 CPA Summit

7

8 AM – 4:10 PM

325

425

Columbia & Online

12/13/17

Cloud Systems – Is My Data Safe and Secure?

1

12 PM – 1 PM

59

69

Online Webcast

12/13/17

10 Steps to a Digital Office in the Cloud

2

2 PM – 4 PM

99

129

Online Webcast

12/14/17

MS PowerPoint – Create Presentations that Engage Your Audience

2

3 PM – 5 PM

99

129

Online Webcast

12/14/17

Using Microsoft OneNote as a MAP Handbook Tool

2

10 AM – 12 PM

99

129

Online Webcast

12/18/17

KPI Dashboards – The New Financial Reporting Model

2

3 PM – 5 PM

99

129

Online Webcast

12/18/17

Cybersecurity Series – Using the Internet Safely & Securely

2

11 AM – 1 PM

99

129

Online Webcast

12/20/17

Mastering Data Preparation and Analysis in Excel

2

12 PM – 2 PM

99

129

Online Webcast

12/21/17

MS PowerPoint – Advanced Techniques for Better Presentations

2

10 AM – 12 PM

99

129

Online Webcast

12/22/17

Spreadsheet Risk – Can you eliminate it?

2

11 AM – 1 PM

99

129

Online Webcast

12/22/17

Cybersecurity Series – What CEOs and Partners Should Know

2

11 AM – 1 PM

99

129

Online Webcast

12/28/17

Adobe Acrobat Best Practices and Productivity Features

2

11 AM – 1 PM

75

90

Online Webcast

REGISTER ONLINE AT MACPA.ORG

78

Group discounts are available.

STATEMENT

DATE

COURSE TITLE

CPE

TIME

MEMBER

NON-MEM. LOCATION

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THANK YOU TO OUR 100% MEMBERSHIP FIRMS 100% Membership Firms are those which ensure their staff has the latest and best access to professional community and continuing education.

While paying your staff’s membership dues is a nice employee perk, being a 100% Membership Firm shows your organization’s commitment to the CPA profession and your staff’s continuing success. Plus, 100% Membership Firms are afforded exclusive benefits from MACPA. Thank you to our Maryland CPA firms that support our profession with 100% membership:

Albright Crumbacker Moul & Itell Hagerstown

DeLeon & Stang, CPAs Gaithersburg

Arthur F. Bell, Jr. & Associates, LLC Hunt Valley

Deloitte & Touche LLP Baltimore

Balsamo, Stewart, Lutters & Ruth, PA Bel Air

Dixon Hughes Goodman, LLP Rockville

Benedict & Slack CPA’s Ellicott City

Dorman CPAs & Business Consultants Cumberland

Berger, Nyborg & Cannon, P.A. Timonium

Ellin & Tucker, Chartered Baltimore

Berlin, Ramos & Company, P.A. Rockville

Ellin & Tucker, Chartered Frederick

Berman, Goldman & Ribakow, LLP Columbia

Ellin & Tucker, Chartered Washington

Betz, Goldman, Clearfield, Kramer, & Ocampo, LLP Columbia

Ellin & Tucker, Chartered Belcamp

Bormel, Grice & Huyett, PA Laurel

Faw, Casson & Co., LLP Dover

Butler, Lavanceau & Sober, LLC Columbia

Faw, Casson & Co., LLP Ocean City

Cardoni Waddell, LLC Columbia

Finsurity, LLC Columbia

CBIZ Beatty Satchell, LLC Denton

Garbelman Winslow CPAs Upper Marlboro

CBIZ Beatty Satchell, LLC Easton

Gary R. Bozel & Assoc., P.A. Towson

Chambers & Nier, PC. Denton

Gelman, Rosenberg & Freedman, P.C. Bethesda

CliftonLarsonAllen LLP Calverton

Glass, Jacobson & Associates, P.A. Owings Mills

CliftonLarsonAllen LLP Timonium

Gorfine, Schiller & Gardyn P.A. Owings Mills

CohnReznick Baltimore

Grandizio, Wilkins, Little & Matthews Towson

Crumback & Associates, LLC Columbia

Grandizio, Wilkins, Little & Matthews Millersville

80

Group discounts are available.

STATEMENT

Grant Thornton, LLP Baltimore

Novotny, Larash & Grainger, P.A. Annapolis

Gregory & Associates, LLC Ocean City

Penan & Scott, P.C. Rockville

Gross, Mendelsohn & Assoc., PA Baltimore

Polan and Hollis, LLC Rockville

HeimLantz, PC Alexandria

PricewaterhouseCoopers, LLP Baltimore

HeimLantz, PC Annapolis

Radcliffe Corporate Services, Inc. Chestertown

Hertzbach & Company, PA Owings Mills

Rager, Lehman & Houck, P.C. Frederick

Hitt & Company, LLC Baltimore

Rager, Lehman & Houck, PC Westminster

Huber, Michaels & Company Cumberland

Rodeheaver & Associates, P.C. Oakland

Kahn, Berman, Solomon, Taibel & Mogol Timonium

Rosen, Sapperstein & Friedlander, Cht Owings Mills

Katz, Abosch, Windesheim, Gershman & Freedman, P.A. Bel Air

Rowles & Company LLP. Salisbury

Katz, Abosch, Windesheim, Gershman & Freedman, P.A. Columbia

Rowles & Company, LLP Baltimore

Katz, Abosch, Windesheim, Gershman & Freedman, P.A. Timonium

RSM Baltimore RSM Frederick

Key & Associates Silver Spring

RSM Gaithersburg

King, King & Associates, PA Pikesville

RSM McLean

Klausner Bendler + Associates, PC Bethesda

Santos, Postal & Co., P.C. Rockville

Kullman Siebert, LLC Annapolis

SC&H Group Sparks

Lanigan, Ryan, Malcolm & Doyle, P.C.

Selby & Poulin, PA Rockville

Lebson & Associates, PA, CPA’s Baltimore

Smith Elliott Kearns & Company, LLC Hagerstown

Leonard J. Miller & Assoc., Chtd. Baltimore

Stoy, Malone & Company, P.C. Towson

Lindsey & Associates, LLC, Towson

Sturgill & Associates, LLP Westminster

Linton Shafer Warfield & Garrett P.A Rockville

Squire Lemkin + Co, LLP Rockville

Linton Shafer Warfield & Garrett,P.A. Frederick

TGM Group, LLC Salisbury

McLean, Koehler, Sparks & Hammond Frederick

TMDG, LLC Baltimore

McLean, Koehler, Sparks & Hammond Hunt Valley

Toal, Griffith & Ayers, LLC, Annapolis

Mister, Burton, Palmisano & French LL Hunt Valley

Turnbull, Hoover & Kahl, PA Cumberland

Moore & Co., P.A. Salisbury

Twilley, Rommel & Stephens, P.A. Salisbury

Morrison Brown Argiz & Farra LLP Owings Mills

UHY LLP Columbia

Mullen, Sondberg, Wimbish & Stone, P.A. Annapolis

Weil, Akman, Baylin & Coleman, P.A. Timonium

Murray, Wamsley & Schrader, LLC California

Weyrich, Cronin & Sorra, Chtd. Bel Air

Myers & Stauffer, LC Owings Mills

Weyrich, Cronin & Sorra, Chtd. Lutherville

Want your firm to be on this list? Contact the MACPA Member Service Center at 800-782-2036.

Together, we connect, protect, and achieve as a profession.

OCTOBER 2017

81

MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS 901 Dulaney Valley Road, Suite 800 Towson, MD 21204 410.296.6250 | www.macpa.org

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82

DANIEL BURRUS

STATEMENT