June 2014 The Bottom Line

THE

Bottom Line June 2014

The continuing professional education magazine for Wisconsin CPAs

learn

Employee retention fundamentals PAGE 3

Explore critical skills that add value to your company PAGE 8

Who gets audited now?

Top technology tips & tricks

Increase your credibility

PAGE 12

PAGE 16

PAGE 20

CPE programs PAGE 24

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8

Explore critical skills that add value to your company and boost your career

Contents Features CPE 3 | Human Resources

Learn why some people stay and others quit

By Jeff Kortes

8 | Management

Explore critical skills that add value to your company and boost your career

By Jim Lindell, CPA, CGMA, MBA

12 | Tax

Who gets audited now?

By Eric T. Johnson

16 | Technology

Word, Outlook and PowerPoint: Getting better results in less time

CPE CALENDAR 24

CPE ONLINE 40

CONFERENCES 28

SEMINARS 44

REGISTRATION 29 Register at www.wicpa.org/register

CPE FAQs 68

BREAKFAST PROGRAMS & TGIF FOR CPAS 30

By Thomas G. Stephens Jr., CPA, CITP, CGMA

20 | Credentials

Discover how a few little letters can change your career

By AICPA Communications Team

A publication of the Wisconsin Institute of CPAs

JUNE 2014 | www.wicpa.org

INSIDE STAFF

The continuing education magazine for Wisconsin CPAs

Join us online!

The Bottom Line is published semi-annually by the Wisconsin Institute of Certified Public Accountants (WICPA). Change of address should be sent to: Membership, 235 N. Executive Drive, Suite 200, Brookfield WI 53005; Phone: 262-785-0445 or 800-7726939 (WI/MN); Fax: 262-785-0838; email: jessica@wicpa.org. Statements and opinions expressed are those of the authors and not necessarily those of the WICPA. Publication of an advertisement does not constitute an endorsement of the product or service by The Bottom Line or the WICPA. Articles may be reproduced with permission. © Copyright 2014 The Bottom Line.

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

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

PEAK PERFORMANCE IS HUMANLY POSSIBLE What are you doing to launch your business forward?

Experis™ can bring you the risk advisory, tax and finance & accounting solutions and experts that share your vision and can help you create sustained growth. Let us connect you to the experience you need and watch your company take off. Visit experis.com Contact one of our Wisconsin locations: Appleton (920) 380-0850 • Madison (608) 828-2720 Milwaukee (414) 231-1150

2 The Bottom Line | J u n e 2 0 1 4

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[human resources] employee retention

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learn

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If you kNEw ThE kEy To rETAININg your ToP TALENT... wouLD you Try IT? Based on his book, Employee Retention Fundamentals...

No Nonsense Strategies to Retain Your Best People, Jeff Kortes will provide insight into the thoughts and reasoning of employees who decide to or are contemplating leaving their jobs in various organizations. Through humorous, real-life stories and interactive participation, Jeff has created a program that helps organizations discover ways to gain a competitive edge when trying to retain talent to compete in the marketplace.

DurINg ThE ProgrAM you wILL Understand reasons why solid performers leave an organization AND be able to act on those reasons to increase retention.

Begin developing a strategic roadmap of activities that can be implemented to drive employee retention.

Identify gaps in your strategic retention plan.

Build retention into key metrics of the organization so retention becomes a competitive advantage.

Understand key retention factors that are important to different generations.

EVENT DETAILS Eau Claire

green Bay

11:30 a.m. – 2:30 p.m.

11:30 a.m. – 2:30 p.m.

friday, Sept. 12

Plaza Hotel & Suites

friday, oct. 3

Radisson Paper Valley Hotel

Madison

waukesha

7:30 – 10:30 a.m.

7:30 – 10:30 a.m.

friday, Sept. 19 Crowne Plaza

friday, oct. 10

Milwaukee Marriott West

Cost: $50 members/ $60 nonmembers CPE credit: 3 hours ** Registration also includes a copy of Jeff’s book Employee Fundamentals…No Nonsense w w w. w i c pRetention a.org Strategies to Retain Your Best People. **

Jeff Kortes has more than 30 years of experience in human resources. Throughout his career he has worked to recruit, retain and develop employees, at all levels, at companies including ConAgra Foods, industrial equipment supplier SPX, automotive retailer Midas International, and more. He has helped businesses with as few as 10 employees compete with larger employers in recruiting and retaining the “A” talent they needed to survive and thrive.

Plus

Meet new WICPA Board Chair Jean M. Hansen, CPA, MBA, CGMA and receive a brief professional issues update from WICPA President and CEO Dennis F. Tomorsky, CPA, J.D., CGMA.

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

Visit wicpa.org/FallFocus The Bottom Line | J u n e 2 0 1 4 for more information and to register.

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shutterstock.com

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[management] critical skill sets for controllers

EXPLORE

critical skills that add value to your company and boost your career

BY JIM LINDELL, CPA, CGMA, MBA

C

ontrollers who do not wish to be commodities should take steps to increase their value to the company, as well as their marketability in the workplace.

The first skill for a controller to master is recognizing his or her strategic position within the company. The services a controller provides range from tactical to strategic. The tactical skills involve day-to-day accounting processes, financial reporting, staff supervision and internal control. The strategic skills include planning, understanding the industry and understanding economic, global, political, social and technological trends. A controller who spends most of his or her time at the tactical level will be viewed as a commodity. A controller who performs the tactical functions and can expand into strategic areas will be seen as a strategic business partner of the management team. For a controller to operate at a

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strategic level, they must also understand strategic planning as a process, a skill and a road map.

The second essential skill set is the understanding and implementation of lean management techniques. Accounting departments lag manufacturing operations when it comes to lean and efficient processes. A controller will not be able to move from tactical to strategic emphasis unless the accounting department eliminates many of its wasteful practices. Therefore, a controller who wants to be more valuable will be trained in lean concepts, will implement lean concepts and invest the saved time in performing strategic activities.

The third skill set for a controller involves employees in the accounting department.

A successful controller will be excellent in recruiting, developing and retaining accounting staff employees. Controllers will view these responsibilities as great opportunities to build and improve the accounting team. They will not view turnover, evaluations or training time as evil necessities of their work. Recruiting future employees should be an ongoing task depending on the size of the department. A controller should always be on the lookout for candidates. Developing candidates creates a responsibility on a controller to assess employee skills, challenge them with work that will grow and enhance the staff’s career and

One method of improving retention is for a controller to understand the personal and professional goals of each person on the staff.

This provides a controller with the opportunity to direct the individual so the work is as fulfilling as possible. Whenever the issue of retaining staff arises, compensation is always discussed. Your organization/your department must present to each of your employees or candidates the best possible package, which includes compensation. Your organization does not have to be the highest-paying organization. It does need to make the employee feel that the combination of wages, benefits, opportunities for growth, working environment, work balance, etc. makes your organization the best place to work. Remember, if any of the items are subpar to the market, it will detract from your company. If any of the items are above par, it will attract candidates to your organization.

The fourth skill a controller needs is the gift of inspiration. Many people confuse inspiration and motivation. Inspiration is what a controller can do to get employees excited about the organization and the work that must be performed. Motivation is what each person does to themself to accomplish a specific task. Therefore, controllers must understand soft skills and meeting the needs of their employees.

This leads us to another skill that is required for a controller and supports the soft skills concept.

The fifth skill is mastering servant leadership

provide training opportunities that reinforce tactical

characteristics. Robert Greenleaf is credited with

skills in the present and strategic skills for the

the “servant leadership” movement. There are 10

future. Retaining employees is easier than finding,

essential characteristics1 of a servant leader that

recruiting, interviewing and hiring them.

controllers must understand. They are:

1

“Servant Leadership - Wikipedia, the Free Encyclopedia.” Accessed July 16, 2013. http://en.wikipedia.org/wiki/Servant_leadership.

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• Listening: A servant leader puts the emphasis upon listening effectively to others.

the accounting staff. The operations staff will view the

• Empathy: A servant leader needs to understand others’ feelings and perspectives.

them achieve operational goals. A controller who is

• Healing: A servant leader helps foster each person’s emotional and spiritual health and wholeness.

• Awareness: A servant leader understands his or her own values and feelings, strengths and weaknesses.

• Persuasion: A servant leader influences others through persuasiveness.

accounting department as a valued resource to help viewed as helping operations meet their goals will be highly prized. In addition, the management team will include the controller in strategic planning efforts because they “understand the business.”

The next critical skill for a controller is how to access and use trends, industry and government information.

The art is distilling data into knowledge that can be applied to the organization and industry. These insights will show that a controller understands the company’s position at the micro level as well as the macro level,

• Conceptualization: A servant leader needs to integrate present realities and future possibilities.

in a globally competitive marketplace. Without these

• Foresight: A servant leader needs to have a welldeveloped sense of intuition about how the past, present and future are connected.

pertains to their organization.

• Stewardship: A servant leader is a steward who holds an organization’s resources in trust for the greater good.

estimating resources required, managing project

• Commitment to the growth of people: A servant leader is responsible for serving others.

• Building community: A servant leader helps create a sense of community among people.

As an outgrowth of servant leadership characteristics, a controller must be a servant to the operations in the organization. If done correctly, there will be no disharmony between the operations and

comparisons, a controller simply presents data as it

A successful controller must be able to champion projects. This includes: establishing project parameters, resources (Gantt chart), making course corrections and completing the project on time.

Finally, a controller MUST BE ETHICAL! Jim Lindell, CPA, CGMA, MBA, president of Thorsten Consulting Group, Inc. in Dousman and an instructor for the WICPA, is a four-time recipient of the AICPA Outstanding Discussion Leader Award. He is a TEC Chairman (executive coach to CEOs.) In addition, Jim recently authored “The Controller as Business Manager,” which will be published by the AICPA in early summer of 2014. Contact Jim at 262-392-3166 or jim@thorstenconsulting.com.

Jim Lindell will present “ADVANCED CFO AND CONTROLLER SKILLS” on Oct. 16 at the new WICPA Professional Development Center in Waukesha. w w w. w i c p a . o r g

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[tax] hot IRS issues

WHO GETS AUDITED NOW?

BY ERIC T. JOHNSON he Internal Revenue Service (IRS) faces daunting

T

Among some of the indicators the IRS or its software

challenges in an era with reduced funding, and it

find suspect are too many round numbers and the use by

has responded with increasingly targeted audit

such taxpayers of large deductions that while previously

policies that reflect its need to be smarter about where

normative, nonetheless have the effect of offsetting large

it applies its resources. In fact, audits numerically have

income items in other areas in situations where there are no

declined rather dramatically but have increased in certain

statutory limitations. For example, in passive activity losses,

definable taxpayer profile groups. In the past, the IRS would

the IRS is trying, according to a Wall Street Journal article

be largely driven by the results of its computer programs,

of March 15-16, 2014, to deny either the expenditure’s

which, after comparing various items with statistical norms, flagged returns that claimed deductions or credits that exceeded those bounds for further examination, a

deductibility or the timing of such deduction.

Such an approach fits in with the IRS’ audit selection statistics: The agency, in the 2012 IRS Data Book, an annual

discriminator function (DIF). While this continues, the DIF

report, claimed to have performed audits in the fiscal year

now more selectively flags upper-income taxpayers —

ended Sept. 30, 2012, on 3.57 percent of the tax returns of

those reporting $200,000 or more in earnings — and more

Americans who made between $500,000 and $1 million in

rarely now targets lower-income taxpayers.

2011. That represented a 58.8 percent increase from the 3.4

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percent of this group who were audited the previous

does not require much manpower to determine. With

year. With respect to taxpayers making between

respect to the foreign accounts, the IRS is showing

$1 million and $5 million, the audit frequency was

increased audit sensitivity: The 90-22.1 was summarily

8.9 percent; for those making between $5 million and

replaced by FinCen 114 to be filed in connection with

$10 million, audits increased to 17.9 percent in 2011.

1040 reporting that now bears within its shield logo

The most heavily audited group, as a percentage of

the designation “FINCEN,” which stands for Financial

filers, were Americans who reported making more

Crimes Enforcement Network, emphasis on “crimes.”

than $10 million, with 27.3 percent of this group audited last year.

Income reported to the IRS through W-2s, K-1s, and 1099s but not reported on the individual tax

Wealthy taxpayers often engage teams of

return will cause the matching program to trigger

sophisticated tax, business and estate planning

scrutiny and an adjustment letter, but not necessarily

lawyers, accountants and other professional advisers

an audit, depending on the size of the omission in

to legitimately minimize their potential tax liabilities.

relation to other items that were reported. A recent

To effectively examine the activities of high-net-wealth

sign of the times is the failure to report cancellation of

individuals, the IRS Large & Midsize Business Division

indebtedness income as many taxpayers work out their

(LMSB) formed a global high-net-wealth industry

debts. With the introduction of the net investment

group (the “wealth squad”) to centralize and focus IRS

income tax, one may expect the IRS to increase its

compliance expertise on high-wealth individuals and

examination of the character of certain types of

their related entities (initially those having more than

income—specifically, rent, interest, dividends, royalties

$10 million in assets or income in the aggregate) that

and gains—where such amounts are not included on a

goes beyond a simple review of tax returns. The “wealth

taxpayer’s Form 8960.

squad” is made up of specialists and technical advisers to provide industry or specialized tax expertise.

Shareholders of S corporations and general partners may also invite audit of whether the income

Areas that now seem to be of the most interest

is passive (even where the taxpayer is claiming no

to the IRS are Foreign Account Tax Compliance Act/

passive losses from any other activity) as even trade

Foreign Bank and Financial Accounts (FATCA/FBAR)

or business income is included in net investment

issues relating to the perceived underreporting

income if the taxpayer is passive with respect to the

of income through foreign accounts and other

activity. In addition, the recent final regulations on net

investments, travel and entertainment (although this is

investment income afford a special treatment to real

a perennial concern), charitable deductions, and hobby

estate professionals for rental income that is likely to

losses. The latter three types of cases are generally

result in policing audits to prevent abuse. There are

pursued and won by the IRS because taxpayers lack the

several areas where taxpayers can go wrong with this

required substantiation for these deductions, which

exception.

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Another idea of great interest to the Treasury Department is worker classification. The IRS launched a Voluntary

relating to the potential for audit, a return preparer’s reputation and history itself can be the trigger.

Classification Settlement Program to enable taxpayers to avoid the costs of an audit by “coming clean” at a substantially

These and other areas that currently seem to be of the most

reduced cost relative to the tax liability that would result from

interest to the IRS in selecting who to audit are discussed

an examination.

in great detail in Surgent McCoy’s course, EXIB, Hot IRS Tax Examination Issues for Individuals and Businesses on Dec. 16 at

Practitioners should finally be aware that the IRS has one

the WICPA Professional Development Center in Waukesha.

more matching program, which matches the return with the tax return preparer. Regardless of income levels, returns prepared by certain tax return preparers are flagged for audit regularly. In addition to the taxpayer’s substantive tax issues

h now in HD

Eric T. Johnson has been the head writer for Surgent McCoy since 1985. He has authored or co-authored more than 80 courses in the curriculum. Email him at info@cpenow.com.

That’s convenient!

With CPE on-demand by WICPA you can now virtually attend Watch now in HD Watch now in HD the most popular conference sessions at your convenience!

BY WICPA

BY WICPA

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Benefits of On-Demand CPE by WICPA include: • Watch anytime, anywhere with an Internet connection.

• Follow along with speakers as their PowerPoint slides automatically transition side-by-side with the video.

• Download a PDF of the slides for easy referencing later.

Visit wicpa.org/on-demand for a complete listing.

WATCH NOW IN HD

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Watch now in HD

The Bottom Line | J u n e 2 0 1 4 Watch now in HD

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[technology] tips & tricks

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Word, Outlook and PowerPoint: Getting better results in less time

By Thomas G. Stephens Jr., CPA, CITP, CGMA

Introduction

N

early every business professional uses Microsoft Office Word, Outlook and PowerPoint to varying degrees. Yet, most are self-taught in these applications and therefore likely remain unaware of key productivity-enhancing tools in each of these applications. In this article, you will learn about seven terrific features found in these three applications and how to use them to get better results in less time.

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Universal drag-and-drop in Outlook

formatting. When you use Styles, you receive the added

Outlook supports drag-and-drop universally throughout

benefits of creating automatic tables of contents, generating

the application. If you receive an email message and need to

document maps, and creating PowerPoint presentations from

create an appointment on your calendar containing the details

your Word document.

of the message, simply drag the message from the message list, and drop it onto your calendar in Outlook. Similarly, if you need to add an attachment to a message, you can drag it from your desktop into the message; conversely, you can drag attachments from a message to your desktop. Universal dragand-drop eliminates unnecessary typing and other keystrokes otherwise required to perform many functions in Outlook.

Assign Outlook tasks to others Are you trying to manage multiple projects and tasks that involve other team members? If so, try assigning these tasks to

To apply a Style to text, select the text, and then choose the Style you want to apply to the selected text from the Home tab of the Ribbon. You can also build your document based on Styles by using Word’s Outline View to create an outline of the document using Heading 1, Heading 2, Heading 3, etc. Styles.

Once you create the outline, return to the traditional Print Layout View to complete the document.

Edit a PDF document in Word 2013 If you need to edit a PDF document, Word 2013 offers a

others in Outlook. To do so, first add a task to Outlook. Then

great new feature to assist you in this endeavor. You can open

right-click on the task and choose Assign Task from the pop-

and edit the PDF document in Word, eliminating the need to

up menu. Enter any desired details and click Send to assign

perform this action in another application. In Word, open the

the task to another team member. Once the team member

PDF document and perform your edits. When you complete

accepts the task, he or she can send updates and notes to you

your edits, you can to save the document back to PDF format

by updating the task in their instance of Outlook, minimizing

or you can save it in Word format.

the amount of time you spend managing tasks.

Save time with Outlook’s quick steps feature Do you often perform multiple actions—such as adding a category to a message and moving that message to another folder—on items in Outlook? If so, create a Quick Step to automate these tasks for you. From the Home tab of the Ribbon in Outlook, you can customize the “canned” Quick Steps provided in Outlook and create new ones to meet your specific needs. Once you do so, select an item and click the Quick Step you wish to apply, and Outlook will perform all of the actions designated in the Quick Step on the selected item.

Use styles to format your Word documents Word’s Styles feature is perhaps the application’s most powerful tool. Styles are predefined formats you can apply to your documents, reducing the amount of time you spend formatting a document and ensuring consistency in

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Create a PowerPoint presentation from a Word document If you create a Word document using Heading 1, Heading 2, Heading 3, etc. styles to apply formats to your major section headings and subheadings as discussed previously, you can create a PowerPoint presentation quickly that mirrors the structure of the Word document. From the Home tab of the Ribbon in PowerPoint, choose New Slide followed by Slides from Outline. Then, select the Word document you want to use as the basis for your PowerPoint presentation and PowerPoint builds the presentation for you automatically. You can then finalize the presentation by adding and editing text, selecting a different Theme and applying animations and transitions, etc.

Create multiple presentations from a single PowerPoint presentation You may find it necessary to have multiple versions of the same PowerPoint presentation. If that’s so, instead of using

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multiple data files, consider using PowerPoint’s Custom Shows

responsibilities. However, many professionals are self-taught

feature. With this feature, you can create multiple versions of

in these applications and, as a result, do not become aware of

the same presentation, all contained within a singular data file.

many of the tools they can use to work more efficiently and

To create a Custom Show, click Custom Slide Show from the

effectively. Far from an exhaustive list of these tools, the seven

Slide Show tab of the Ribbon, and click New in the Custom

features discussed in this article represent some of the easiest

Shows dialog box. Choose the slides you want to include in

and most powerful options available to improve productivity.

the newly created Custom Show. To present the Custom Show,

If you’re looking to get better results in less time, consider how

select the Custom Show in the Custom Shows dialog box, and choose Show.

Summary The Microsoft Office suite of applications—including Word, Outlook, and PowerPoint—offers a seemingly endless array of features to assist busy professionals with their daily

each of these tools can help you reach that goal.

Thomas G. Stephens Jr., CPA, CITP, CGMA is a shareholder in K2 Enterprises, where he develops and presents continuing professional education programs to accounting, financial, and other business professionals across North America. Contact him at tommy@k2e.com.

a

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Access your continuing education and news about the profession any time or place.

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Download a PDF of the publications.

Register for a course immediately by clicking on its description in The Bottom Line.

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[AICPA] credentials

Discover how a few little letters can change your career

By AICPA Communications Team

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W

hen there are hundreds of thousands of

credentials are: Certified in Financial Forensics (CFF®),

CPAs at work in public accounting, business

Personal Financial Specialist (PFS™), Accredited in

and industry, government, academia and

Business Valuation (ABV™) and Certified Information

consulting, how can you stand out in such a crowded profession?

Technology Professional (CITP®).

According to Dennis Tomorsky, CPA, J.D., CGMA,

Many CPAs do this by leveraging the rapid growth of

CEO of the Wisconsin Institute of CPAs, “CPAs who are

advisory services. By offering specialized knowledge to

looking to move up in their career, add greater value in

your clients or employer, you’re positioned to be more

the workplace and take advantage of the recent growth

competitive in the marketplace and can differentiate

of advisory services within the accounting profession

yourself from others in the field. And that translates

should pursue a credential after their CPA.”

into increased compensation and career advancement opportunities.

Firms, as a whole, are finding that offering more

Want further evidence that a credential can be an effective career boost? First, 66 percent of CPAs say holding an AICPA credential in advisory services makes

services can increase their bottom line. When you move

a difference in receiving job offers. What’s more, the

beyond compliance work to more future-oriented, value-

average salary for CPAs who hold these credentials is

added work, you can do more for your clients, serving

15 percent greater than CPAs without a specialty

them in new ways. Organizations with credentialed

credential.

professionals realize increased profit margins through the management of risk; improved controls; process and workflow improvements; and faster decision-making through simulations and data analytics.

The fact is, value-added services are not just a trend, and they are not going away. Of Accounting Today’s Top 100 Niche Services, business valuation consistently has ranked in the top five for the past 15 years. Also, an IBISWorld 2012 report projects that forensic accounting will grow at a rate four times that of the U.S. accounting profession through 2017. Financial planning follows closely at a growth rate that is double that of the accounting profession. According to the Robert Half 2014 Salary Guide, the need for financial professionals with technology experience is rising, given the complexities of systems and tools, and emerging technologies.

Unlock the possibilities The AICPA offers the only credentials built on the CPA foundation of competency, objectivity and integrity. The

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Credentials for all areas of interest Forensic accounting has become one of the fastestgrowing specialty practice areas for U.S. CPAs who want to demonstrate their knowledge, skills and experience in the forensic accounting area are pursuing the CFF credential. It encompasses fundamental and specialized forensic accounting skills that you can apply in a variety of service areas, including bankruptcy and insolvency, computer forensic analysis, family law, valuations, economic damages calculations, and fraud prevention, detection and response. In addition, the CFF credential sets you apart as an expert witness in the courtroom.

The PFS credential showcases a CPA’s expertise in personal financial planning. This credential is an excellent next step for CPAs seeking to expand or diversify a tax-focused practice. Your comprehensive knowledge in financial planning and tax enables you to bring a holistic approach to your clients’ financial needs, whether advising in retirement, estate, tax, risk management and/or investment planning.

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21

Two major factors are driving up the demand for CPA

The rise in demand for business valuation experts and

financial planners. First, given the complexities of American

firms that offer this service has been fueled by a rapid

Taxpayer Relief Act (ATRA) and the new net investment

increase in merger and acquisition activity, gifting and

income tax that will impact every area of financial planning,

estate transfers, and the Small Business Administration’s

clients are looking for the objective guidance that CPAs

requirement for independent business valuations on loan

provide. Secondly, large numbers of boomers are heading

regulations. Other valuation services include valuing a

into retirement and seeking advisers to help them plan

business due to transfer of ownership, divorce settlement,

accordingly to avoid outliving their financial resources.

fair value accounting, Employee Stock Ownership Plan

The ABV credential is ideal for CPAs who want to

(ESOP) valuations, economic damage calculations, and

enter this in-demand area by positioning themselves as a premier business valuation service provider who goes

expert witness or litigation support.

CPAs who have considerable expertise in information

beyond the core service of reaching a conclusion of

management and technology assurance should seek

value to creating value for clients through the strategic

the CITP credential. CPAs who have earned the CITP

application of this analysis.

credential are recognized for their ability to provide

Get the Facts

ON AICPA ADVISORY SERVICE CREDENTIALS

15%

exclusive credentials — ABV , CFF ®, CITP ® or PFS — from the AICPA differentiate you as having specialized knowledge and expertise. ™

™

additional salary is the average for CPAs who have an advisory service credential versus CPAs who do not.*

possibilities await those who practice in business valuation, forensic accounting, information management and technology assurance, and personal financial planning.

Now that you know, pursue a credential at aicpa.org/credentials. * 2013 AICPA Compensation Survey

14151B-312

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Copyright © 2013 American Institute of CPAs. All rights reserved.

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technology-related assurance and business insight by leveraging knowledge of information, data relationships

risks associated with financial reporting, and prevent and detect fraud.

and supporting technologies. This credential spans a

A closer look at the requirements

broad base of knowledge — from IT assurance, IT risk

In addition to holding a valid and unrevoked CPA license or certificate issued by a legally constituted state authority, being an AICPA member in good standing and signing a Declaration of Intent to comply with the requirements of credential recertification, each candidate must also meet the following requirements:

management and security, and privacy to analytics and emerging technologies. CITP credential holders are helping their clients or organization improve operations, ensure financial data integrity, determine

Exam Requirement

Business Experience Requirement

Education Requirement

CFF

Pass the CFF Examination

1,000 hours of business experience in forensic accounting within the 5-year period preceding the date of the CFF application

75 hours of forensic accounting continuing professional education (CPE) within the 5-year period preceding the date of the CFF application

PFS

Pass one of three comprehensive exams: Personal Financial Specialist (CPA/PFS), Certified Financial Planner® (CFP) or Chartered Financial Consultant (ChFC)

3,000 hours of personal financial planning experience within the 5-year period preceding the date of the PFS application; up to 1,000 hours of tax compliance experience can count toward the total experience requirement

75 hours of personal financial planning CPE within the 5-year period preceding the date of the PFS application

ABV

Pass the ABV Examination (this is waived for Accredited Members and Accredited Senior Appraisers of the American Society of Appraisers)

Either 6 business valuation engagements or 150 hours of business valuation experience within the 5-year period preceding the date of the ABV application

75 hours of valuation CPE within the 5-year period preceding the date of the ABV application

CITP

Pass the CITP Examination

1,000 hours of business experience in information management and technology assurance within the 5-year period preceding the date of the CITP application

75 hours of information management and technology assurance CPE within the 5-year period preceding the date of the CITP application

Resources available from the AICPA No matter which credential you pursue, the AICPA supports you every step of the way by providing everything from exam prep materials to exclusive tools and technical resources that will help you, as a credential holder, maintain the highest level of competency in delivering advisory services. When you’re ready to take your career to the next level with an AICPA credential, visit aicpa.org/credentials.

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[

2014

seminars | calendar ]

JUNE

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OCT

Type

Location

Date

Title

12 19 20

Audits of 401(k) Plans (AFKP) The Best Income Tax, Estate Tax & Financial Planning Ideas of 2014 (IEFP) How to Settle an Estate for a Client From A to Z (SEAZ)

Date

Title

Type

9 9 9 10 12 12 12 12 17 17 17 17 18 18 19 23 23 29 30 30

Annual Update for Controllers (SKSB) NEW! Digging Deeper with Data Analysis (DDDA) Compilations & Reviews: Engagement Performance & Annual Update (CRAU) Annual Update for Accountants & Auditors (AUAA) 2014 Fall Focus: No Nonsense Retention (WFF0912) Advanced Sales & Use Tax Workshop (MBP09) Dealing With Long Term Care: When it is Too Late for Insurance (NBP09) The Affordable Care Act: What Employers Need to Know (MT09) Advanced Excel (ADE) Retirement Readiness (WBP09) Estate Planning in the New World of “Portability” (ECBP09) NEW! Buying & Selling a Business: Critical Tax & Structuring Issues (SELL) Excel-Based Dashboards (EBD) Make Money for You & Your Clients: Surgent’s Top Business Tax Planning Strategies (BTPS) 2014 Fall Focus: No Nonsense Retention (WFF0919) Auditing Defined Contribution Plans (AEMP) CPAs in Industry Fall Conference (CPAIF) A Complete Guide to the Yellow Book (YBYB) OMB A-133 From A to Z (A133) Not-for-Profit & Health Care Conference (NFPHCF)

Mgmt Waukesha 52 AA Madison 44 AA Waukesha 44 AA Waukesha 44 FF Eau Claire TGIF Madison 33 TGIF Appleton 37 TGIF Wauwatosa 35 IT Madison 62 BP Waukesha 30 BP Eau Claire 32 TAX Waukesha 54 IT Waukesha 62 TAX Madison 55 FF Madison AA Waukesha 45 Conf Pewaukee 28 Gov/NFP Waukesha 50 AA Waukesha 45 Conf Pewaukee 28

Date

Title

Type

1 2

3 3

6-7 10 10 10 13-14 14 14

15 15 16 16 17 17 17 22

Revenue Recognition (RRNS) The New Reporting Option: A Financial Reporting Framework for Small & Medium-Sized Entities (SME) 2014 Fall Focus: No Nonsense Retention (WFF1003) NEW! Advanced Compilation & Review Engagement Issues: Striking the Right Balance Between Compliance, Client Service & Practice Management (ADCR) NEW! Staff Training Level I (ASE) The Affordable Care Act: What Employers Need to Know (MBP10) Advanced Wisconsin Tax Issues for Manufacturers (NBP10) 2014 Fall Focus: No Nonsense Retention (WFF1010) Tax Staff Training Level III: Advanced Issues (TSTA) Studies on Single Audit & Yellow Book Deficiencies (SAYB) The New Reporting Option: A Financial Reporting Framework for Small & Medium-Sized Entities (SME2) Cloud Computing With the New Microsoft Office (WBP10) Estate Planning in the New World of “Portability” (LCBP10) Advanced Controller & CFO Skills (ACCS) IRS Practice & Procedure: Audits, Appeals, Assessment, Settlement & Collection (IPP) Unlocking Social Security (MT10) The Affordable Care Act: What Employers Need to Know (WSBP10) NEW! Current Federal Tax Developments (CFTD) New “Repair Regs” Sec. 263(a) (NRR)

AA TAX TAX

AA AA FF AA AA TGIF TGIF FF TAX Gov/NFP

Page

Brookfield 44 Brookfield 54 Brookfield 54

Location

Location

Page

Page

Madison 45 Waukesha Green Bay

45

Waukesha 46 Waukesha 46 Madison 33 Green Bay 37 Waukesha Waukesha 55 Madison 50

AA Rothschild 45 BP Waukesha 30 BP Onalaska 32 Mgmt Waukesha 52 TAX Waukesha 55 TGIF Wauwatosa 35 TGIF Wausau 38 TAX Waukesha 55 TAX Onalaska 55

[ www.wicpa.org/register ]

Date

OCT

Date

NOV

Excel Tips, Tricks & Techniques for Accountants (EXL) Critical Thinking Skills (CTS) Financial Analysis in a Metrics Driven World (FAMD) NEW! Staff Training Level II (ASE2) NEW! Annual Financial Management Spotlight (AFMS) Annual Update for Accountants & Auditors (AUAA2) Estate & Life Planning Issues for the Middle-Income Client (PMIC) Fiduciary Income Tax Returns: Form 1041 Workshop (1041) Form 990: A Comprehensive Approach to Accurate Preparation (EO-F990) NEW! FASB Review: Common GAAP Issues Impacting All CPAs (FRU) Exploring the Updated Internal Control Framework: Critical Concepts in Design, Evaluation, Implementation & Monitoring (UICF) NEW! Advanced QuickBooks Tips & Techniques (AQB-4) NEW! Word, Outlook & PowerPoint: Tips & Tricks for Enhancing Productivity (MOT-4) Excel Tips, Tricks & Techniques for Accountants (EXL2) NEW! Accounting & Auditing Update for Tax Practitioners (AAUP)

Title

3 The Best Individual Tax Update Course by Surgent McCoy (BITU)

4 The Complete Guide to Payroll Taxes & 1099 Issues (CGPT)

4 Surgent’s Comprehensive Guide to Tax Depreciation, Amortization & Property

Transactions from Acquisition To Exchange or Disposition (TDAP)

5 OCBOA: Preparing & Reporting on Cash, Modified Cash & Tax Basis

Financial Statements (CMCT) 6 NEW! Hot Tax Planning Developments Under the Current Tax Law (CL4HOT) 6 NEW! Key S Corporation Tax Strategies & Compliance Issues (CL4SCORP) 6-7 Tax Conference (TCB) 7 NEW! Cancellation of Debt for Individuals & Businesses (CL4CDIB) 7 NEW! Estates & Trusts: Mastering Complex Tax Issues (CL4ITET) 11 Advanced OMB Circular A-133 Issues (AOMB) 12 The Perils of Social Media (WBP11) 12 Wisconsin Department of Revenue Update (ECBP11) 12 NEW! GAAS From A to Z (GAAS) 13 Construction Contractors: Critical Accounting, Auditing & Tax Issues in Today’s Environment (CONS) 14 NEW! Windows 8 & Microsoft Office Symposium (WIN8) 14 Advanced Wisconsin Tax Issues for Non-Manufacturers

(Including Service Providers) (NBP11) 14 Wisconsin Department of Revenue Update (MBP11) 14 What Does Your Communication Say About You? (MT11) 17 Advanced Auditing of HUD-Assisted Projects (EO-AHUD) 17 Auditing Not-for-Profit Entities: Superior Skills for an Effective & Efficient Audit (ANFP) 18 Latest Developments in Nonprofit Accounting & Auditing 2014 (NPAA) 18-19 NEW! Staff Training Level III (ASE3) 19 NEW! Forensic Accounting: Uncovering Schemes & Scams (CL4FAFR) 19 NEW! Fraud & Cash Receipts: Common Frauds & Internal Controls (CL4RCR) 19 Accounting, Auditing & Financial Management Conference (AAFM) 20 NEW! Special Purpose Frameworks: Alternatives to GAAP (CL4CTB) 20 NEW! Statement of Cash Flows: Preparation, Presentation & Use (CL4FCFS) 20 Surgent’s Multistate Tax Update (MSTU) 21 Choosing the Best Entity Structure Under the Tax Law in 2014 (CBES)

Type

Location

IT Mgmt Mgmt AA Mgmt AA TAX TAX TAX AA

Rothschild 62 Waukesha 52 Waukesha 52 Waukesha 46 Waukesha 52 Rothschild 44 Onalaska 56 Waukesha 56 Madison 56 Waukesha 46

AA IT IT IT AA

Madison 47 Waukesha 62 Waukesha 63 Waukesha 63 Waukesha 47

Page

Type

Location

Page

TAX TAX

Waukesha Waukesha

56 57

TAX

Madison 57

AA TAX TAX Conf TAX TAX Gov/NFP BP BP AA

Waukesha 47 Waukesha 57 Waukesha 57 Milwaukee 28 Waukesha 57 Waukesha 58 Waukesha 50 Waukesha 30 Eau Claire 32 Waukesha 47

AA IT TGIF TGIF TGIF AA Gov/NFP Gov/NFP AA AA AA Conf AA AA TAX TAX

Waukesha Waukesha

48 63

Appleton 37 Madison 33 Wauwatosa 35 Waukesha 48 Onalaska 51 Rothschild 51 Waukesha 48 Waukesha 48 Waukesha 48 Pewaukee 28 Waukesha 49 Waukesha 49 Waukesha 58 Appleton 58

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30 30 31 31

Title

[

seminars | calendar ]

Date

DEC

26 The Bottom Line | J u n e 2 0 1 4

Title

8

8

9

9

9 14 14 16

Date

FEB 2015

Title

1 Surgent’s Federal Tax Camp (SATC) 1-2 2014 Corporate Income Tax Workshop (CITW)

2 Yellow Book: Government Auditing Standards (EOYB) 3 NEW! Adobe Acrobat for Accountants From A-Z (AAAZ) 4-5 Technology Conference (TECH)

5 Individual Income Tax Update (NBP12) 8 NEW! ObamaCare & Fringe Benefits: 2014 & Beyond (OBCR) 9 NEW! Getting More Active With the Passive Activity Rules & the New Net Investment

Income Tax (PAIT)

9 New “Repair Regs” Sec. 263(a) (NRR2) 10-11 Tax Staff Training Level II: Business (TSTB) 12 Hot Tax Practice & Procedure Issues (MBP12) 12 Individual Income Tax Update (LCBP12) 12 Make Your Data Come Alive With Excel 2013 (MT12) 12 Wisconsin Department of Revenue Update (WSBP12) 15 Surgent’s Handbook for Mastering Basis, Distributions & Loss Limitation Issues for

S Corporations, LLCs & Partnerships (HMBI) 15 Tax Advisors Update (PTU) 16 Tax Advisors Update (PTU2) 16 Hot IRS Tax Examination Issues for Individuals & Businesses (EXIB) 16 NEW! Finance & Innovation (FI) 17 Excel on Steroids (WBP12) 18 NEW! Transform Your Busy Season With Technology Tools You Already Use! (TYBS) 19 NEW! Excel Bootcamp: Everything You Need to Know to Build Great Spreadsheets (EXBOOT)

Date

JAN 2015

2014-2015

3 11 11 11 12 12 13 13 13 16 17 18 20

Preparing Individual Tax Returns for New Staff & Para-Professionals (PITR) Individual Income Tax Update (MT01A) The Complete Guide to Preparing Limited Liability Company, Partnership & S Corporation Federal Income Tax Returns (PLPS) Hot Tax Practice & Procedure Issues (NBP01) Individual Income Tax Update (MBP01) TBD Wisconsin Department of Revenue Update (LCBP01) Individual Income Tax Update (MT01B)

Title Not-for-Profit Accounting & Reporting: From Start to Finish (NPAR) NEW! Controller’s Update: Today’s Latest Trends (CL4SKSB) NEW! Critical Skills for Budgeting Success (CL4CSCB) Using Macros to Automate Complex Tasks in Excel (ECBP02) NEW! Analyzing a Company’s Financial Statement (CL4SABM) NEW! Risk, Cost & Cash Management for Controllers & Financial Managers (CL4TKBP) Cloud Computing With the New Microsoft Office (MBP02) The Affordable Care Act: What Employers Need to Know (NBP02) Advanced Sales & Use Tax Workshop (MT02) NEW! Productivity Tools Symposium: Outlook, Adobe, Word & OneNote (TOOLS) NEW! Windows 8 & Microsoft Office Symposium (WIN82) Equity Analysis for the Practicing CPA (WBP02) Hot Tax Practice & Procedure Issues (WSBP02)

Type

Location

Page

TAX TAX Gov/NFP IT Conf TGIF TAX

Green Bay 58 Waukesha 59 Waukesha 51 Waukesha 63 Pewaukee 28 Green Bay 37 Waukesha 59

TAX TAX TAX TGIF BP TGIF TGIF

Waukesha 59 Waukesha 59 Waukesha 59 Madison 33 Onalaska 32 Wauwatosa 35 Wausau 39

TAX TAX TAX TAX Mgmt BP IT

Waukesha 60 Onalaska 60 Brookfield 60 Waukesha 60 Waukesha 52 Waukesha 30 Waukesha 64

IT

Waukesha 64

Type

Location

TAX TGIF

Waukesha 60 Brookfield 36

TAX TGIF TGIF BP BP TGIF

Waukesha 61 Appleton 37 Madison 33 Waukesha 31 Onalaska 32 Wauwatosa 36

Type

Location

Gov/NFP Mgmt Mgmt BP Mgmt Mgmt TGIF TGIF TGIF IT IT BP TGIF

Page

Page

Waukesha 51 Waukesha 53 Waukesha 53 Eau Claire 32 Waukesha 53 Waukesha 53 Madison 34 Green Bay 37 Wauwatosa 36 Waukesha 64 Onalaska 64 Waukesha 31 Wausau 39

[ www.wicpa.org/register ]

MAR 2015

MAY 2015

JUNE 2015

Title

Wellness in the Workplace (MBP03) Accessing Cash (NBP03) FMLA 101 (MT03) Employee Engagement (WBP03) Using Macros to Automate Complex Tasks in Excel (LCBP03)

13 13 13 18 18

Date

Title

10 10 15

15 17 21 22 24

Hot Tax Practice & Procedure Issues (MT04) TBD Customs Compliance: Primer to Understanding & Identifying Your Client’s Import & Export Liability (WBP04) The Affordable Care Act: What Employers Need to Know (ECBP04) TBD Advanced Excel (ADE2) Excel PivotTables for Accountants (EPT) Unlocking Social Security (WSBP04)

Date

Title

FMLA 101 (MBP05) What Does Your Communication Say About You? (NBP05) Retirement Plans & Tools for Retirement Savings (MT05) The 4 Doors of Planning (WBP05) The Affordable Care Act: What Employers Need to Know (LCBP05)

8 8 8 13 13

Date

Title

Audits of 401(k) Plans (AFKP)

18

Type TGIF TGIF TGIF BP BP

Type

Location

Page

Madison 34 Appleton 38 Wauwatosa 36 Waukesha 31 Onalaska 32

Location

Page

TGIF TGIF

Wauwatosa 36 Green Bay 38

BP BP TGIF IT IT TGIF

Waukesha 31 Eau Claire 32 Madison 34 Waukesha 64 Waukesha 65 Wausau 39

Type TGIF TGIF TGIF BP BP

Type AA

Location

Page

Madison 34 Appleton 38 Wauwatosa 36 Waukesha 31 Onalaska 32

Location

Page

Waukesha 49

27 The Bottom Line | J u n e 2 0 1 4

APR 2015

Date

The missing piece of your marketing puzzle.

28 The Bottom Line | J u n e 2 0 1 4

WICPA Sponsorships www.wicpa.org/sponsor ese Don’t forget to save th

!

2014 conference dates

CPAs in Industry Spring

l Financia ions Institut

ay 15 Thur., M

Tue., March 18

Not-for-Profit & Health Care Tue., Sept. 30

www.wicpa.org/CPE

School Distric t Audit

Wed., M ay 28

Tax Thur., Nov . 6 & Fri., Nov . 7

Scho o Distr l ict Audi t

Thur

., Ma y 29

CPAs in Industry Fall Tue., Sept. 23

ing, Account & Auditing l ia Financ e m nt Manage

ov. 19 Wed., N

Technology Thur., Dec. 4 & Fri., Dec. 5

SAVE $$ ON YOUR CPE! Save up to $50 on your registration when you join the WICPA — the premier professional organization for Wisconsin CPAs and accounting professionals.

When you join the WICPA, you’re joining THE STANDARD ABOVE for industry knowledge and education. There are membership options for every stage of your career. Whether you’re a student, an accounting professional with a baccalaureate degree or a CPA, you’ll receive all the benefits of WICPA membership.

Register and join online with one convenient payment and start saving on your CPE today!

Visit www.wicpa.org/registration.

[ www.wicpa.org/register ]

Name___________________________________________ WICPA ID#____________________ Employer_______________________________________________________________________ Address_________________________________________________________________________

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

City|State|Zip____________________________________________________________________ Telephone_______________________________________________________________________

or disability. _______________ __________________________

Email (required for confirmation and electronic materials)______________________________________

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

Event Course Acronym/Date__________________________ q *Green Program Member Fee $_________ Nonmember Fee $________

Sessions (if applicable) _____________________________________________________________________________________________

*Green Programs Only:

GreenSession

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

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Registration FORM

29

Breakfast Programs & TGIF for CPAs Breakfast Programs, & TGIF for CPAs Want to get out of the office, earn CPE credits and still not lose a full day of work? The WICPA hosts several one- to four-hour breakfast and TGIF programs 30

throughout the state for CPAs.

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Many of our members find this to be the perfect way to gain credit while continuously staying current on upcoming trends and timely issues happening within the profession. Network with fellow colleagues and choose between a number of different locations, times, credit options and topics that interest you.

Waukesha Breakfast Programs These programs feature various topics and take place one Wednesday a month, September through May, at the WICPA Professional Development Center in Waukesha. Registration and a networking breakfast begin at 7 a.m., followed by the presentation from 7:30 – 8:30 a.m.

CPE credit: 1 hour Individual program: $25 member/ $35 nonmember BEST DEAL! Season Pass (WBPSP) $200 member/$250 nonmember Sept. 17

Retirement Readiness (WBP09) James K. Schneider, CPA, CFP, Associate V.P., Investment Officer, Schneider Wealth Management Group of Wells Fargo Advisors Kenneth J. Schneider, MBA, Managing Director – Investments, Schneider Wealth Management Group of Wells Fargo Advisors This program will explore things to consider up to and through retirement, including investment strategy, cash flow planning, overall financial planning and other important aspects. Envision plan software will be introduced, which gives each individual a snapshot of where they are currently and help track progress toward meeting major life goals and objectives over time. This planning software/service is offered through Schneider Wealth Management Group of Wells Fargo Advisors for free to CPAs

and their clients and may help an individual both professionally and personally.

Oct. 15

Cloud Computing With the New Microsoft Office (WBP10) Daniel Petersen, Director of Business Intelligence, Applied Tech Office 365 is a cloud-based productivity service hosted by Microsoft. It brings together the power of Office with business class email, document sharing, instant messaging and video conferencing to give you “anywhere access” to things you need to get tasks done across your devices, from PCs to smartphones and tablets. See a demonstration of the product and learn about the financial benefits of cloud computing, including capital vs. operating expenses, reduced infrastructure costs and automatic upgrades.

Nov. 12

The Perils of Social Media (WBP11)

Geoffrey Trotier, J.D., Shareholder, Von Briesen & Roper, S.C. Technology, electronic communications, and social media are interwoven with our business environments. Social media speech and whether it truly is free will be discussed.

Also being addressed will be the NLRB-approved social media policies and the ability for an employer to discipline based on statements made on social media.

Dec. 17

Excel on Steroids (WBP12) Michael Nottoli, Partner, Accounting Information Solutions, Ltd.

Jan. 14

TBD Feb. 18

Equity Analysis for the Practicing CPA (WBP02) Todd Voit, Ph.D., Portfolio Manager, Voit & Hamilton, LLC Although it may be incidental in a CPA’s daily practice, CPAs are regularly asked for investment advice related to companies and stocks.

This program is intended to give the CPA a basic approach to analyzing stocks. In addition, this presentation may prove to be of great personal benefit.

March 18

Employee Engagement (WBP03) Nancy Turngren, BSN, MA, BCC, ACC, Professional Coach, Nancy Turngren Coaching, LLC According to the Gallup 2013 State of the American Workplace Report, 70 percent of American workers are not engaged or actively disengaged.

Because employee engagement is

April 15

Customs Compliance: Primer to Understanding & Identifying Your Client’s Import & Export Liability (WBP04) Jennifer Jin, J.D., State & Local Taxation Team, Whyte Hirschboeck Dudek SC Every U.S. business involved in international trade is subject to the jurisdiction of U.S. Customs and Border Protection (“Customs”).

The purpose of customs is to enforce federal trade law while minimally interfering with international trade. However, customs’ ability to seize and forfeit merchandise and pursue both criminal and civil penalties has serious repercussions.

For unprepared companies, the repercussions can directly impact a company’s global productivity and, in some cases, its very ability to do business. Consider that customs is empowered to impose civil penalties that range from two times the lawful duties, taxes and fees of which the United States is or may be deprived for negligence up to the domestic value of the merchandise.

Will your clients be ready if customs examines their in-house trade compliance program?

The opportunity to correct the course has likely passed by the time your client is contacted by customs.

This one-hour presentation will present the most common compliance errors and identify potential strategies to avoid making those errors commonly identified via audit.

May 13

The 4 Doors of Planning (WBP05) Timothy Crawford, J.D., Attorney, Timothy P. Crawford S.C. You will be led through “The 4 Doors of Planning” in this program. Prepare to be guided through the proper steps in planning ahead for mental incompetency to avoid the need for a guardianship, probate avoidance, as well as how to properly protect your home and assets from having to be spent to pay for your nursing home care costs with an Asset Protection Trust.

Eau Claire & La Crosse Breakfast Programs These programs are held one Wednesday a month, feature various topics and alternate between The Plaza Hotel in Eau Claire and Stoney Creek Inn in Onalaska. Registration and a networking breakfast begin at 7:30 a.m., followed by the presentation from 8 – 10 a.m.

NOTE: The tax program is on Friday, Dec. 12, in Onalaska from 8 a.m. – Noon and includes a Master Tax Guide.

CPE credit: 2 hours (December program 4 hours) Individual program: $40 member/ $45 nonmember (December program $99 member/$129 nonmember and includes a Master Tax Guide)

31 The Bottom Line | J u n e 2 0 1 4

Excel on Steroids is a specialized training program focusing on key Excel functionality for powerful business reporting and decisionmaking. Topics include data analysis using PivotTables and PivotCharts, understanding and creating a PivotTable, modifying and formatting a PivotTable, Sparklines, calculated fields, grouping and creating a PivotChart.

connected to an organization’s productivity and profitability, this warrants your attention. How do you authentically engage and mobilize employees or yourself?

Learn what keeps employees engaged and key strategies and tools to achieve success.

Breakfast Programs & TGIF for CPAs Sept. 17 (The Plaza Hotel, Eau Claire) Oct. 15 (Stoney Creek Inn, Onalaska)

Estate Planning in the New World of Portability (ECBP09) & (LCBP10)

Robert Mathers, J.D., CPA/ PFS, ABV, Shareholder, Davis & Kuelthau, s.c.

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Learn the history of this new estate planning tool, along with practical guidance on putting it into practice and future issues. Learn how to develop business around these concepts.

Nov. 12 (The Plaza Hotel, Eau Claire) Jan. 14 (Stoney Creek Inn, Onalaska)

Wisconsin Department of Revenue Update (ECBP11) & (LCBP01) Vicki Gibbons, CPA, Deputy Administrator, Wisconsin Department of Revenue This presentation will include a summary of recent law changes, and highlights of administrative and procedural changes affecting tax practitioners. Issues arising in individual income, corporation franchise, or income and sales and use tax audits and information in preparation for the upcoming filings season will also be addressed.

Dec. 12 (Stoney Creek Inn, Onalaska)

Individual Income Tax Update (LCBP12)

Time: 8 a.m. – Noon Fee: $99 member/$129 nonmember CPE credit: 4 hours June F. Norman, CPA, MS Taxation, Sole Practitioner, JJ Norman & Co., CPAs

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

Program includes Master Tax Guide.

Feb. 11 (The Plaza Hotel, Eau Claire) March 18 (Stoney Creek Inn, Onalaska)

Using Macros to Automate Complex Tasks in Excel (ECBP02) & (LCBP03)

Cindy Prindle, MEPD, MCAS Master Instructor, Hawkins Ash CPAs, LLP Save time by automating frequently used operations or long complex tasks in Excel by creating a macro. A macro contains all the commands, mouse movements and user actions necessary to complete a task. Learn how to create a macro and various ways to execute them. We will also explore the four primary ways to protect information stored in an Excel workbook.

April 15 (The Plaza Hotel, Eau Claire) May 13 (Stoney Creek Inn, Onalaska)

The Affordable Care Act: What Employers Need to Know (ECBP04) & (LCBP05)

Pamela Branshaw, CPA, CEBS, Partner, Wipfli LLP

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

The January program is 8 a.m. – Noon and includes a Master Tax Guide.

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

$554 member/$604 nonmember (includes one free program and Master Tax Guide) New! $449 Unemployed/working part-time/ retired member season pass (includes two free programs and Master Tax Guide)

Sept. 12

Nov. 14

Advanced Sales & Use Tax Workshop (MBP09)

Wisconsin Department of Revenue Update (MBP11)

Jennifer Jin, J.D., Attorney, Whyte Hirschboeck Dudek SC

Vicki Gibbons, CPA, Deputy Administrator, Wisconsin Department of Revenue

John Healy, CPA, Consultant, Whyte Hirschboeck Dudek SC Joseph Pickart, ESQ., Attorney, Whyte Hirschboeck Dudek SC This breakfast session will assist participants in identifying common sales and use traps and pitfalls to be avoided, audit and appeal strategies, opportunities and issues relating to manufacturers, and opportunities and issues relating to service providers.

Oct. 10

The Affordable Care Act: What Employers Need to Know (MBP10)

Pamela Branshaw, CPA, CEBS, Partner, Wipfli LLP Every employer with employees will be affected by health care reform to some degree. They need to plan for this, and the place to start is with an education on the myriad of fees, taxes, health insurance plan design issues and reporting requirements that will affect them. The presentation will provide a summary of the law and how it affects cost, benefits and compliance obligations for the employer and the employees. What employers should be considering and doing, and some of the options available for dealing with the ACA requirements will also be discussed.

This presentation will include a summary of recent law changes, and highlights of administrative and procedural changes affecting tax practitioners. Issues arising in individual income, corporation franchise, or income and sales and use tax audits, and information in preparation for the upcoming filings season will also be addressed.

Dec. 12

Hot Tax Practice & Procedure Issues (MBP12) Michael Goller, J.D., Tax Department Chair, Reinhart Boerner Van Deuren s.c.

This session will look at and provide an update on timely IRS issues that the CPA should know about.

Jan. 9

Individual Income Tax Update (MBP01)

Time: 8 a.m. – Noon Fee: $99 member/$129 nonmember June F. Norman, CPA, MS Taxation, Sole Practitioner, JJ Norman & Co., CPAs Join us for a fast-paced and lively session emphasizing practical preparation for the forthcoming tax season. We’ll cover an array of individual tax topics including new and prior legislation affecting the current tax year, planning

33 The Bottom Line | J u n e 2 0 1 4

Every employer with employees will be affected by health care reform to some degree. They need to plan for this, and the place to start is with an education on the myriad of fees, taxes, health insurance plan design issues and reporting requirements that will affect them. The presentation will provide a summary of the law and how it affects cost, benefits and compliance obligations for the employer and employees. What employers should be considering and doing, and some of the options available for dealing with the ACA requirements will also be discussed.

Breakfast Programs & TGIF for CPAs tips, changes in forms and filing requirements and insights for the small tax practitioner.

You’ll leave feeling a little less overwhelmed by all we need to know; like you are not alone in your confusion; invigorated for the tax season ahead; and all of the above! Program includes Master Tax Guide.

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Feb. 13

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Cloud Computing With the New Microsoft Office (MBP02) Daniel Petersen, Director of Business Intelligence, Applied Tech Office 365 is a cloud-based productivity service hosted by Microsoft. It joins the power of Office with business class email, document sharing, instant messaging and video conferencing to give you anywhere access to things you need to get tasks done across your devices—from PCs to smartphones and tablets.

See a demonstration of the product and learn about the financial benefits of cloud computing, including capital vs. operating expenses, reduced infrastructure costs and automatic upgrades.

March 13

Wellness in the Workplace (MBP03)

Nancy Turngren, BSN, MA, BCC, ACC, Professional Coach, Nancy Turngren Coaching, LLC

Employees are the cornerstone of most organizations and often a large percentage of their operating expense. It makes sense to value this investment in ways that promote employees’ performance. Research has shown employees who are thriving in their overall wellbeing are more than twice as likely to be engaged in their jobs—leading to a positive impact on productivity, retention, and customer satisfaction.

This presentation will examine the definition of wellness and its benefits in the modern workplace. Participants will learn strategies to create a well-being culture and have the opportunity to reflect on their personal wellness.

Milwaukee TGIF for CPAs

April 17

Individual program: $70 member/$80 nonmember (January programs $99 member/$129 nonmember and includes Master Tax Guide)

TBD May 8

FMLA 101 (MBP05) Geoffrey Trotier, J.D., Shareholder, Von Briesen & Roper, S.C. The federal Family and Medical Leave Act and the Wisconsin Family and Medical Leave Act are two complex, competing laws which frequently get in each other’s way while trying to accomplish the same goal. This presentation will familiarize business advisors and partners with the obligations and liabilities that employers may encounter with any workforce when it comes to offering mandatory or discretionary leave.

These monthly programs feature various topics and take place one Friday a month at the Crowne Plaza Hotel in Wauwatosa. Registration and a networking breakfast begin at 7:30 a.m., followed by the presentation from 8 – 11 a.m.

The two January tax programs, one located at the Brookfield Suites on Thursday, Jan. 8, and the other at the Crowne Plaza in Wauwatosa on Friday, Jan. 16, are from 8 a.m. – Noon and include a Master Tax Guide.

CPE credit: 3 hours (January programs 4 hours)

New! $65 Unemployed/working part-time/retired member fee (January program $89 includes Master Tax Guide) BEST DEAL! Season Pass (28 credits) (MTSP) $589 member/$639 nonmember (includes one free program and Master Tax Guide) New! $479 Unemployed/working part-time/retired member season pass (includes two free programs and Master Tax Guide)

Sept. 12

The Affordable Care Act: What Employers Need to Know (MT09) Robert Buss, Jr., CPA, CEBS, Senior Manager, Wipfli LLP

Oct. 17

Unlocking Social Security (MT10)

Kelly Greig, Financial Advisor, Merrill Lynch Wealth Management This program will provide attendees with an understanding of some of the more common concepts associated with Social Security, including when to file, spousal benefits and potential tax strategies. The presentation looks at different opportunities to assist in maximizing future Social Security benefits. The

Nov. 14

What Does Your Communication Say About You? (MT11) Alice O’Connor, Principal, Constituency Services, Inc. In a high-tech world, people are still looking for high-touch rapport regardless of your expertise. What does your presence communicate about you? If verbal communication accounts for just 7 percent of your message, what do you convey with the 93 percent that is nonverbal? Lack of awareness about nonverbal communication can and does sabotage your success.

During this fun, three-hour, highly interactive program, participants will have a chance to tune up or sharpen skills that impact how their overall

communication lands on others. Participants will be able to assess what their personal mannerisms and behaviors say about who they are so loudly— no one can hear the message.

Looking at their message, individuals will also be given practical tips to help improve their voice power in order to project more power and authority.

Dec. 12

Make Your Data Come Alive With Excel 2013 (MT12)

Daniel Petersen, Director of Business Intelligence, Applied Tech Many of you may have attended the shorter version of this session at one of our WICPA conferences; however, we received feedback that you wanted it more indepth. Join Dan Petersen of Applied Tech to discover how the data analysis and visualization tools available in Excel 2013 turn your data into actionable information.

Separate non-formatted data into columns using Flash Fill, use Recommended Charts to easily visualize data in the appropriate format, quickly filter data by date ranges using the Timeline Slicer, use PivotTables and PowerView to transform a worksheet into an interactive report and explore data geographically using maps in PowerView.

35 The Bottom Line | J u n e 2 0 1 4

Every employer with employees will be affected by health care reform to some degree. They need to plan for this, and the place to start is with an education on the myriad of fees, taxes, health insurance plan design issues and reporting requirements that will affect them. The presentation will provide a summary of the law and how it affects cost, benefits and compliance obligations for the employer and the employees. What employers should be considering and doing, and some of the options available for dealing with the ACA requirements will also be discussed.

seminar provides the information necessary to begin planning for Social Security and emphasizes the important role that planning plays in an overall retirement income plan. More than 78 million baby boomers will be entering retirement over the next 20 years. For many of these individuals, Social Security will play an important role in their overall retirement income plan (currently Social Security benefits make up 35 percent of the average retirees’ income). Having a basic understanding of the benefits and learning a few of the strategies associated with Social Security will prove beneficial.

Breakfast Programs & TGIF for CPAs Jan. 8 (Thursday) (Brookfield Suites Hotel, Brookfield) Jan. 16 (Friday) (Crowne Plaza Hotel, Wauwatosa)

Individual Income Tax Update (MT01A) & (MT01B)

Time: 8 a.m. – Noon Fee: $99 member/$129 nonmember 36 The Bottom Line | J u n e 2 0 1 4

June F. Norman, CPA, MS Taxation, Sole Practitioner, JJ Norman & Co., CPAs Join us for a fast-paced and lively session emphasizing practical preparation for the forthcoming tax season. We’ll cover an array of individual tax topics including new and prior legislation affecting the current tax year, planning tips, changes in forms and filing requirements and insights for the small tax practitioner. You’ll leave feeling a little less overwhelmed by all we need to know, like you are not alone in your confusion, invigorated for the tax season ahead, and all of the above!

Program includes Master Tax Guide.

Feb. 13

Advanced Sales & Use Tax Workshop (MT02) Jennifer Jin, J.D., Attorney, Whyte Hirschboeck Dudek SC John Healy, CPA, Consultant, Whyte Hirschboeck Dudek SC Joseph Pickart, ESQ., Attorney, Whyte Hirschboeck Dudek SC This breakfast session will assist participants in identifying common sales and use traps and pitfalls to be avoided, audit and appeal

strategies, opportunities and issues relating to manufacturers, and opportunities and issues relating to service providers.

March 13

FMLA 101 (MT03) Geoffrey Trotier, J.D., Shareholder, Von Briesen & Roper, S.C. The federal Family and Medical Leave Act and the Wisconsin Family and Medical Leave Act are two complex, competing laws that frequently get in each other’s way while trying to accomplish the same goal. This presentation will familiarize business advisors and partners with the obligations and liabilities that employers may encounter with any workforce when it comes to offering mandatory or discretionary leave.

April 10

Hot Tax Practice & Procedure Issues (MT04) Michael Goller, J.D., Tax Department Chair, Reinhart Boerner Van Deuren s.c.

This session will look at and provide an update on timely IRS issues that the CPA should know about.

May 8

Retirement Plans & Tools for Retirement Savings (MT05) James K. Schneider, CPA, CFP, Associate V.P., Investment Officer, Schneider Wealth Management Group of Wells Fargo Advisors Kenneth J. Schneider, MBA, Managing Director – Investments, Schneider Wealth Management Group of Wells Fargo Advisors

During this program, the presenters will give an update on what is currently happening in the retirement marketplace, which will help you evaluate and review existing plans, as well as help understand what is happening from a legislative and compliance standpoint. Various retirement plans will be compared, which will help guide you to make educated decisions about the plans’ fit for your client’s needs.

Lastly, advanced plan strategies for retirement savings/tax savings will be discussed. Although a 401(k) usually works great for most businesses, there are many cases where those plans don’t allow you to defer/save as much as you would like. Advanced techniques, such as New Comparability, Non-qualified Deferred Comp, and Cash Balance Plans, will be overviewed, which will be valuable when trying to help clients who are business owners.

Northeast TGIF for CPAs These monthly Friday programs feature various topics and take place once a month September through May, alternating between the Schenck offices in Appleton and Green Bay. Registration and a networking breakfast will be at 7:30 a.m., followed by the presentation from 8 – 11 a.m.

The December program is from 8 a.m. – Noon and is located at the Radisson Hotel in Green Bay. This program includes a Master Tax Guide.

CPE credit: 3 hours (December program 4 hours)

Individual program: $60 member/$70 nonmember (December program $99 member/$129 nonmember and includes Master Tax Guide) New! $55 Unemployed/working part-time/ retired member fee (December program $89 includes Master Tax Guide) BEST DEAL! Season Pass (28 credits) (NBPSP)

$519 member/$569 nonmember

Sept. 12 | Schenck SC, 200 E. Washington St., Appleton

Dealing with Long Term Care: When it is Too Late for Insurance (NBP09) Romeo Raabe, LUTCF, LTCP, President/Owner, The Long Term Care Guy There are numerous strategies to make available funds last longer, possibly for life, or to protect some assets for family. We will discuss Medicaid and Medicare, veterans benefits, reverse mortgages, medically underwritten immediate annuities, irrevocable burial trusts and more. We will also touch on the least expensive way to pay for LTC, LTC insurance and how to choose it appropriately.

new and prior legislation affecting the current tax year, planning tips, changes in forms and filing requirements and insights for the small tax practitioner. You’ll leave feeling a little less overwhelmed by all we need to know, like you are not alone in your confusion, invigorated for the tax season ahead, and all of the above! Program includes Master Tax Guide.

Nov. 14 | Schenck SC, 200 E. Washington St., Appleton

Jan. 9 | Schenck SC, 200 E. Washington St., Appleton

Advanced Wisconsin Tax Issues for Non-Manufacturers (Including Service Providers)

Hot Tax Practice & Procedure Issues (NBP01)

(NBP11)

Jennifer Jin, J.D., Attorney, Whyte Hirschboeck Dudek SC This program will provide an in-depth review of Wisconsin tax issues relating to nonmanufacturers doing business in Wisconsin and highlight the many common opportunities and pitfalls. Topics that will be discussed include property tax valuation and exemptions, sales and use tax law, other taxes and audit and appeal strategy.

Dec. 5 | The Radisson Hotel, Green Bay

Individual Income Tax Update (NBP12)

Oct. 10 | Schenck SC, 2200 Riverside Drive, Green Bay

Time: 8 a.m. – Noon

Advanced Wisconsin Tax Issues for Manufacturers (NBP10)

June F. Norman, CPA, MS Taxation, Sole Practitioner, JJ Norman & Co., CPAs

Jennifer Jin, J.D., Attorney, Whyte Hirschboeck Dudek SC This program will provide an in-depth review of Wisconsin tax issues relating to manufacturers

Fee: $99 member/$129 nonmember

Join us for a fast-paced and lively session emphasizing practical preparation for the forthcoming tax season. We’ll cover an array of individual tax topics including

Michael Goller, J.D., Tax Department Chair, Reinhart Boerner Van Deuren s.c.

This session will look at and provide an update on timely IRS issues that the CPA should know about.

Feb. 13 | Schenck SC, 2200 Riverside Drive, Green Bay

The Affordable Care Act: What Employers Need to Know (NBP02) Robert Buss Jr., CPA, CEBS, Senior Manager, Wipfli LLP Every employer with employees will be affected by health care reform to some degree. They need to plan for this, and the place to start is with an education on the myriad of fees, taxes, health insurance plan design issues and reporting requirements that will affect them.

The presentation will provide a summary of the law and how it affects cost, benefits and compliance obligations for the employer and the employees. What employers should be considering and doing, and some of the options available for dealing with the ACA requirements will also be discussed.

37 The Bottom Line | J u n e 2 0 1 4

New! $419 Unemployed/working part-time/ retired member season pass (includes two free programs, Master Tax Guide and breakfast!)

doing business in Wisconsin and highlight the many common opportunities and pitfalls.

Topics that will be discussed include manufacturing property tax valuation and exemptions, sales and use tax law, other taxes including manufacturer’s franchise/income credit, and audit and appeal strategy for manufacturers.

Breakfast Programs & TGIF for CPAs March 13 | Schenck SC, 200 E. Washington St., Appleton

Accessing Cash (NBP03) James Goetz, Vice President of Commercial Banking, Bank Mutual Rich Flamang, Vice President, Summit Financial Resources 38 The Bottom Line | J u n e 2 0 1 4

Tom Podewils, President, AILCO Equipment Finance Group Victor Ronk, Senior Vice President, FirstMerit Bank Scott Ryan, Regional Manager, AILCO Equipment Finance Group In this panel-style presentation, four different sources will provide funding advice to businesses. The discussion will cover individual financing sources and how they can be used together.

April 10 | Schenck SC, 2200 Riverside Drive, Green Bay

TBD May 8 | Schenck SC, 200 E. Washington St., Appleton

What Does Your Communication Say About You? (NBP05) Alice O’Connor, Principal, Constituency Services, Inc. In a high-tech world, people are still looking for high-touch rapport regardless of your expertise. What does your presence communicate about you? If verbal communication accounts for just 7 percent of your message, what do you convey with the 93 percent that is nonverbal? Lack of awareness

about nonverbal communication can and does sabotage your success.

During this fun, three-hour, highly interactive program, participants will have a chance to tune up or sharpen skills that impact how their overall communication lands on others.

Participants will be able to assess what their personal mannerisms and behaviors say about who they are so loudly—no one can hear the message. Looking at their message, individuals will also be given practical tips to help improve their voice power in order to project more power and authority.

Wausau TGIF for CPAs These breakfast programs offer four different Friday morning presentations featuring various topics during the months of October, December, February and April. These programs occur at the Northcentral Technical College Center for Business and Industry (CBI) building in Wausau.

Registration and a networking breakfast begin at 7:30 a.m., followed by the presentation from 8 – 10 a.m.

CPE credit: 2 hours Individual program: $40 member/ $45 nonmember Oct. 17

The Affordable Care Act: What Employers Need to Know (WSBP10) Thomas Krieg, CPA, Partner, Wipfli LLP Every employer with employees will be affected by health care

Dec. 12

Wisconsin Department of Revenue Update (WSBP12) Vicki Gibbons, CPA, Deputy Administrator, Wisconsin Department of Revenue This presentation will include a summary of recent law changes, highlights of administrative and procedural changes affecting tax practitioners. Issues arising in individual income, corporation franchise, or income and sales and use tax audits, and information in preparation for the upcoming filings season will also be addressed.

April 24

Unlocking Social Security (WSBP04)

Kelly Greig, Financial Advisor, Merrill Lynch Wealth Management This program will provide attendees with an understanding of some of the more common concepts associated with Social Security, including when to file, spousal benefits and potential tax strategies. The presentation looks at different opportunities to assist in maximizing future Social Security benefits. The seminar provides the information necessary to begin planning for Social Security and emphasizes the important role which planning plays in an overall retirement income plan. More than 78 million baby boomers will be entering retirement over the next 20 years. For many of these individuals, Social Security will play an important role in their overall retirement income plan (currently Social Security benefits make up 35 percent of the average retirees’ income).

Having a basic understanding of the benefits and learning a few of the strategies associated with Social Security will prove beneficial.

39 The Bottom Line | J u n e 2 0 1 4

reform to some degree. They need to plan for this, and the place to start is with an education on the myriad of fees, taxes, health insurance plan design issues and reporting requirements that will affect them. The presentation will provide a summary of the law and how it affects cost, benefits and compliance obligations for the employer and the employees. What employers should be considering and doing, and some of the options available for dealing with the ACA requirements will also be discussed.

you have aN aNNual CPe requiremeNt?

Feb. 20

Hot Tax Practice & Procedure Issues (WSBP02) Michael Goller, J.D., Tax Department Chair, Reinhart Boerner Van Deuren s.c.

This session will look at and provide an update on timely IRS issues that the CPA should know about.

for more iNfo, visit wiCPa.org/CPe

CPE Online

Webinars, Self-study & On-Demand

Webinars, Self-study & On-Demand Convenience matters.

Time matters. You matter.

40

That’s why we offer thousands of webinars, self-study & On-Demand

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

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

Accounting Continuing Professional Education Network (ACPEN)

finance, leadership, ethics, and banking.

National experts, quality production, easy and reliable Internet delivery!

Ati offers the latest, most up-to-date continuing education for CPAs, finance, and tax professionals. These tax CPE courses specifically focus on updates and changes in tax code and practice. These tax seminars are offered on various dates and times, all providing live CPE credits.

The Accounting Continuing Professional Education Network (ACPEN) is the largest CPE network, sponsored by many state CPA societies, and is dedicated to bringing, highly relevant, NASBA accredited, world-class CPE to accountants and financial professionals. The goal of the network is to provide continuing education to every CPA in the most convenient and economical ways possible.

ACPEN offers various live video webcasts and live webcast replays ranging in length from 2 to 8 hours of CPE. All webcasts are available for individual as well as group viewing.

The extensive ACPEN catalog comprises courses from the following product lines: ACPEN Signature series: The ACPEN Signature series represents the top-of-the line in online CPE. All ACPEN Signature courses are 8 hours in length, and include nationally recognized experts and highly experienced practitioners, as well as representatives from regulatory and standard setting bodies, including the IRS, GASB, FASB, GAO and many more. These Signature CPE training courses cover the most relevant accounting, tax and finance topics in an interactive and discussion-rich format.

The ACPEN Industry Institute™ (Aii): The ACPEN Industry Institute provides a full curriculum of CPE courses specifically designed for accountants working in business and industry, delivered in a live, interactive, video webcast format.

This includes but is not limited to technology training, management,

The ACPEN Tax Institute (Ati):

ACPEN Financial Planning Institute (Afpi): Newest to the line of ACPEN specialized programs, this course category is geared toward providing the most current and relevant information in the area of personal finance. Topics include estate planning, Medicare, and wealth preservation, among others. These course offerings are designed to assist firms and businesses, as well as individuals, in effectively managing their personal finances.

Partner Produced Programs: We’ve found that programs and conferences produced by one state are often relevant and applicable to financial professionals and CPAs in other states. The ACPEN network offers an opportunity for our state society partners to share their content with practitioners across the country. This is just another example of ACPEN’s unparalleled effort to provide a vast range of topics to meet the continuing professional education needs of every CPA. To view a complete list of ACPEN’s offerings or to register for a course, please visit wicpa.acpen.com.

ACPEN-live CPE delivered to your desktop!

Bisk CPEasy Online

Value | Convenience | Experience Don’t you wish everything was CPEasy?

[ www.wicpa.org/cpeonline ]

Bisk CPEasy Online CPE Center allows accounting professionals to conveniently meet mandatory reporting requirements and gain the knowledge needed to excel in the profession. CPEasy eliminates all of the hassles associated with traditional CPE fulfillment by providing quality CPE programs that are easy to access, simple to use and available whenever and wherever you choose.

CalCPA CalCPA Education Foundation (CalCPA) offers a full array of continuing education programs.

With CalCPA webcasts you can enjoy the flexibility of participating in CPE wherever you are. Enjoy high-quality video feeds and the ability to communicate directly with the instructor through a question box. Materials are offered in a PDF format and almost all programs have savable, printable and fully annotatable textbooks.

CalCPA’s courses cover everything from accounting, auditing, tax, management, ethics, litigation, retirement, and trusts and estates.

We are changing and adding new programs every year and, with more than 600 webcasts to choose from, there’s a course for every interest area and curriculum need.

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

CCH, a Wolters Kluwer Business One solution for all your learning needs.

Whether you’re looking to earn CPE credit or advance your staff’s professional development, CCH Learning Center is the best on-demand learning solution for you. CCH® has enlisted the help of some of the best authors in the industry to bring you a wide variety of comprehensive and up-to-date courses to help further your staff’s professional development and improve their tax, accounting and auditing, and financial and estate planning skills.

CCH has an exclusive offer for WICPA members! With CCH adding new topics and courses regularly, it’s easy to fulfill your CPE needs. More than 160 interactive CPE courses are available online for one low annual fee of only $329 per Learning Center seat, saving you $140 per seat! With the special WICPA CCH discount price, you can also apply it toward your renewal of the annual CCH Learning Center subscription.

Topics available include: • Accounting and auditing.

• Sales and use tax, state taxation and tax return preparation.

• U.S. international taxation.

• Wealth management.

• Corporate financing. * Please note: “Seats” cannot be shared; each user needs his or her own CCH Learning Center subscription.

CPA Crossings Save money. Save time. Stay focused.

CPA Crossings, LLC provides and extensive catalog of live webbased CPE programs produced and delivered by CPA Crossings, LLC or by one of its approved developers.

The 2014 catalog consists of more than 65 topics in the areas of technology, practice management, workflow automation, tax, ethics, fraud and accounting/auditing.

Flexible scheduling provides a nice alternative to the traditional full-day educational format.

Our webinars are designed to focus on specialized topics presented by knowledgeable professionals.

The nature of our webinar model allows us to bring you up to speed on rapidly emerging topics in a timely manner. Group discounts are available for three or more participants, a perfect option for firm training to maximize savings.

CPA Leadership Promoting Continuous Improvements in CPA Firm Leadership CPA Leadership Institute is devoted to enhancing leadership and management development in CPA firms. We believe that firms need leadership at all levels, not just at the top; and that everyone can be a leader by taking ownership of his or her job. When that kind of behavior becomes part of your firm culture, success is assured. We are dedicated to seeing leadership become pervasive in your CPA firm.

Our repertoire of tools and reports for helping CPAs develop leadership and management skills and fulfill their potential is described on this website. Our new Knowledge Center, which includes best practices suggestions, Leadership Forum report, and succession advisory section, is accessible at no charge

41 The Bottom Line | J u n e 2 0 1 4

With CPEasy, you can register for your choice of courses and monthly reports, study at home or the office, take quizzes and track your CPE online. Available formats include online, audio, software, video, textbook and webinar. Plus, WICPA members receive a 10 percent discount!

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

CPE Online

Webinars, Self-study & On-Demand for standard members. Learn about free standard membership with CPA Leadership.

CPA Leadership Institute also offers CPE webinars on leadership, management, personal development, and niche development. In addition, we publish the CPA Leadership Report, a monthly online review of the best management and leadership articles in the accounting press, with links to the complete articles for your convenience.

We maintain an archive of CPA Leadership Report articles published since 2005, so you can easily find ideas and information that are relevant to you and your firm.

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CPE On-Demand by WICPA CPE on YOUR schedule. Anytime.

Anywhere.

Whether you’re looking to stay on top of current issues, get the latest updates, keep up with emerging trends or broaden your knowledge with some new tips and tricks, these on-demand programs provide high-quality CPE from the well-respected professionals in the industry.

Didn’t have a chance to attend one of our conferences? No worries!

With CPE On-Demand by WICPA, you can now view the most popular sessions of selected conferences at your convenience!

Additional benefits of registering for CPE On-Demand by WICPA include:

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

• Watch them on your schedule anytime, anywhere with an Internet connection.

• The convenience of following along with speakers as their PowerPoint slides automatically transition sideby-side with the video.

• The ability to download the presentation slides as a PDF for easy referencing now and in the future.

CPEThink You’re busy, we understand. Get CPE credits anytime, anywhere, with a browser and Internet connection. And there’s a 100% money back guarantee.

CPEThink provides industry-leading online interactive self-study CPE and professional development courses and exams for CPAs, licensed professionals, general practitioners and individuals interested in staying current in their profession.

Now offering FREE CPE with no obligation and no commitment—just FREE CPE! Check out the CPEThink Facebook page for more information and a monthly discount code.

ICPAS onDemand CPE Register for a CPE onDemand course today - It’s education you need, when you need it!

The Illinois CPA Society (ICPAS) offers a comprehensive list of online selfstudy courses for today’s accounting and finance professional on the go.

With CPE onDemand, you’ll receive relevant online education you need, when you need it. These highly interactive courses are designed to allow you to learn on your schedule, at your own pace and from the comfort of your computer or tablet, anytime day or night.

Choose from a full catalog of one- to two-hour online courses that cover a wide range of “just-in-time” topics, including: • Accounting & auditing.

• Business valuation.

• Ethics.

• Forensic accounting.

• Fundraising rules & regulations.

• Health care reform.

• International tax.

• Not-for-profit.

• Risk management.

[ www.wicpa.org/cpeonline ]

When you begin a CPE onDemand course, you’ll participate in a learning experience unlike any other, complete with video lectures from top instructors, interactive quizzes and final exams that ensure you’re on track to successfully complete the course.

99-6, equity-based compensation alternatives and tax savings for exporters with IC-DISCs. Purchase all four to complete the series or any of the individual presentations now!

K2

SmartPros Ltd. is a leader in online and offline continuing education for professionals.

When you take a K2 Enterprises webinar, you will have the opportunity to learn from an award-winning team of instructors with hundreds of years of collective experience in helping professionals identify, address, and solve issues through the practical application of technology. K2 Enterprises offers webinars on a variety of topics, including Excel, QuickBooks, PDFs, accounting solutions, and Microsoft Office.

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

NEW! Reinhart Boerner Van Deuren s.c.

Couldn’t attend Reinhart’s latest tax webinars? No worries! Now you can access their latest webinar series, “Hot Tax Planning Issues,” with onDemand CPE and watch them at your convenience!

This four-part series discusses critical issues, including passive vs. active incomes, Revenue Ruling 99-5 and

SmartPros offers a variety of subscriptions with a compelling collection of courses and subscriptions in accounting and auditing, taxation, management, personal development and more, with savings up to $120 on a subscription for WICPA members.

• This Week in Accounting/Taxation: These two series present different one-hour topics every week, keeping you current on accounting and taxation topics. Use the promo code “WICPA” to receive $50 off of these webinar subscriptions!

• SP Advantage: This skills-based subscription features hundreds of multimedia and text-based courses for accounting and finance practitioners. New courses are added regularly, and subscribers have access to a broad library of courses.

• FMN Online: As the leading financial update CPE subscription program in the industry, FMN is utilized by more than half of Fortune 500 companies and other leading organizations.

FMN produces four new courses per month, and subscribers have access to a complete archive of courses.

• CPA Report Online: An annual online CPE subscription program designed for accountants in public practice, CPA Report Online (CPAR) delivers today’s hottest topics and experts directly to your desktop.

Each month, six new programs are added, covering current topics in public accounting. Online courses feature streaming video, easy-to-

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

Surgent McCoy Whatever your educational needs, Surgent McCoy has the quality and expertise to fulfill them.

Surgent McCoy is one of the nation’s leading providers of CPE for CPAs. Surgent provides hundreds of webinars each year and offers a large selection of self-study products in textbook, CD-ROM, DVD and downloadable formats.

With Surgent McCoy live webinars, you meet your CPE needs from the comfort of your office or home. Each webinar features leading experts from Surgent McCoy speaking on the hottest topics in accounting, auditing, government/nonprofit, technology, and tax, and answering your critical questions. Courses are not only geared toward CPAs in public accounting; many courses are structured for financial professionals in the corporate world as well. You can also expand your professional career by enrolling in one of Surgent McCoy’s certified specialist in estate planning (CSEP) or certified specialist in retirement planning (CSRP) programs.

Choose our unlimited webinar package ($750) for access to hundreds of two- to eight-hour courses throughout the year, or select from smaller packages (16-credit: $370, 8-credit: $250) or single webinars ($79-$195). Each program qualifies through NASBA for live (group Internet-based) CPE credit.

No exams needed!

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K2 Enterprises is proud to offer a broad curriculum of technologyfocused CPE webinars to the members of the Wisconsin Institute of CPAs. Now you can have webinar access to many of the courses that have made K2 Enterprises a leader in providing CPE to professionals throughout North America.

SmartPros Ltd.

follow course outlines, online transcripts and quizzes.

[

seminars | program descriptions ]

Accounting & Auditing Audits of 401(k) Plans (AFKP) June 12 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Brookfield Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh

44 The Bottom Line | J u n e 2 0 1 4

401(k) plans are a popular option for employee benefit plans, so you must have the proper skills to audit these plans effectively.

Every aspect of how to audit a 401(k) plan and prepare financial statements that satisfy ERISA and SEC requirements is covered in this course. Tap into ways to plan and conduct 401(k) audits more efficiently and effectively, and understand the differences between 401(k) audits and other employee benefit plan audits.

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

NEW! Digging Deeper With Data Analysis (DDDA) Sept. 9 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Baker Tilly Virchow Krause, LLP, Madison Bruce Shepard, CPA, Consultant, AICPA This new and exciting course will demonstrate alignment of data analysis to the audit plan, tests per financial statement or risk area, and how to discover fraud faster. The presentation will be broken up into key areas in the search to “dig deep” to increase assurance, coverage, increasing value, and testing for fraud across the organization.

The opportunity and complexity

of processes, materiality, operations, and fraud, as well as sheer volume of data is increasing exponentially. Adding to this complexity is the pressure from markets for greater assurance of the financials coupled with the economic environment which demands doing more with less. As a result, data analytics is becoming increasingly important for assurance, trend identification, and fraud discovery. This interactive session will demonstrate how data analytics integrated into an audit may aid in discovering control deficiencies, red flags, and fraud faster.

Fee: $399 member/$449 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Aug. 9 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Compilations & Reviews: Engagement Performance & Annual Update (CRAU) Sept. 9 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh Specifically designed for compilation and review practitioners and their staff, this course will provide you with a comprehensive review and hands-on application for performing compilation and review engagements. You’ll learn the ins and outs of SSARS No. 19, Compilation and Review Engagements, the most significant change to the compilation and

review standards since their inception more than 30 years ago, but more importantly, it will provide you with practical examples and illustrations to help you effectively and efficiently perform compilation and review engagements. This course is intended to be your go-to reference for training your staff and managing your compilation and review practice services.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Aug. 9 Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Annual Update for Accountants & Auditors (AUAA & AUAA2)

Sept. 10 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Oct. 28 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Stoney Creek Inn, Rothschild Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh Keep abreast of the fast-paced changes in accounting and auditing. This comprehensive course covers all the relevant pronouncements, exposure drafts, and other guidance recently issued in the accounting, auditing, review, and compilation arenas. Let us sort through all of the complexities and help you identify and apply recently issued FASB and ASB standards and guidance. With the rate of change in today’s regulatory environment, you must stay current on all of the topics impacting the profession – don’t get left behind!

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GoneGreen!

seminars | www.wicpa.org/register ]

NEW! The WICPA has gone completely green for all seminars and conferences! Materials will be emailed to registrants in PDF format.

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

Auditing Defined Contribution Plans (AEMP)

Carla Grant, CPA, Shareholder, Hungerford Nichols Take the next step in your development and learn how to go beyond the basics in preparing workpapers and financial statements for employee benefit plans. You will acquire more advanced skills required to audit employer benefit plans in accordance with AICPA and EBSA standards. Through group discussions and contemporary case studies, you’ll gain a thorough understanding of the procedures needed to effectively plan and carry out your audits.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Aug. 23 Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

OMB A-133 From A to Z (A133)

Sept. 30 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha John F. Georger, CPA, CIA, Partner, The Pun Group, LLP

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

Revenue Recognition (RRNS) Oct. 1 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Baker Tilly Virchow Krause, LLP, Madison Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh Changes to revenue recognition are coming. Make sure you’re ready for the new standard! For years, revenue recognition has been the cause of audit failures and the focus of corporate abuse and fraud allegations.

This course will provide you the tools to work with the current guidance and new principles of revenue recognition and, through practical examples, will assist you in avoiding revenue recognition traps. Stay up-to-date with the latest FASB guidance!

Fee: $399 member/$449 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Sept. 1

Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

The New Reporting Option: A Financial Reporting Framework for Small & Medium-Sized Entities (SME) Oct. 2 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Oct. 14 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Stoney Creek Inn, Rothschild Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh The AICPA has developed and released its new Financial Reporting Framework for Smalland Medium- Sized Entities (FRF for SMEs). The FRF for SMEs is a non-GAAP financial reporting solution that will be an option for millions of America’s private companies. For many smalland medium-sized businesses, preparing financial statements using the special purpose framework, FRF for SMEs, may provide an alternative to the complexity of U.S. GAAP. Get a comprehensive review of FRF for SMEs including examples, illustrations, and hands-on application exercises to help you understand and apply the new framework. A disclosure outline (checklist) for use in preparing and reporting on FRF for SMEs financial statements is also included.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid 30 days prior to program Level of knowledge: Beginning CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

45 The Bottom Line | J u n e 2 0 1 4

Sept. 23 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha

Make sure your Single Auditing skills stand out in this challenging and changing audit area. In this course, you will learn the complex OMB A-133 requirements that auditors will use in their 2014 engagements while also examining changes to those requirements that auditors will face in the future. The course materials use a highly illustrative format to increase concept comprehension and retention.

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Accounting & Auditing NEW! Advanced Compilation & Review Engagement Issues: Striking the Right Balance Between Compliance, Client Service & Practice Management (ADCR) Oct. 3 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha 46 The Bottom Line | J u n e 2 0 1 4

Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh Practitioners who provide nonaudit services must strike the right balance between complying with relevant professional and regulatory standards, providing value-added client service, and mitigating litigation and other practice management risks.

This course contains many case studies to reinforce best practices for managing the accounting, reporting, and performance issues associated with compilation, review, and accounting service engagements.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Sept. 3 Level of knowledge: Advanced CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

NEW! Staff Training Level I (ASE)

Oct. 6 - 7 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Anne Marchetti, President, Account-Ability Consulting Designed for beginning staff, Level I covers key areas to ensure auditors are well prepared to

begin their careers. Focus on the areas of professional skepticism; internal controls; audit risk, materiality and financial statement assertions; auditing standards regarding fraud; auditing cash, fixed assets, accounts payable, debt and liabilities; and audit documentation.

The Audit Staff Essentials courses establish a strong set of core skills necessary for junior staff growth.

Fee: $549 member/$599 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid

by Sept. 6 Level of knowledge: Beginning CPE credit: 16 hours Developed by: AICPA

NEW! Staff Training Level II (ASE2) Oct. 27 - 28 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Anne Marchetti, President, Account-Ability Consulting Designed for staff wanting to take on a greater level of responsibility on engagements, Level 2 discusses the planning of more complex, riskier audit areas and the supervision of engagements. Take an in-depth look at understanding the entity and assessing risk and internal control design; use of confirmations and sampling methods to gather audit evidence; auditing accounts receivable; auditing inventory, including what to do before and after the inventory observation; workpaper review; and styles of supervision. The Audit Staff Essentials courses establish a strong set of skills necessary to grow the abilities and confidence of junior and senior level staff, allowing them to work through additional areas more independently.

Fee: $549 member/$599 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Sept. 27 Level of knowledge: Intermediate CPE credit: 16 hours Developed by: AICPA

NEW! FASB Review: Common GAAP Issues Impacting All CPAs (FRU) Oct. 29 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Michael Hamilton, CPA, ABV, CFF, CTP, Senior Vice President, Powerlink Transmission Company Are you looking for a review and update of common GAAP issues important to all CPAs? This broad-ranging course covers FASB accounting and reporting developments and other authoritative guidance that applies to all companies.

Emphasizing financial statement disclosures in addition to accounting methods, this course presents implementation guidelines and disclosure illustrations from actual financial statements. Review reporting standards for the balance sheet, income statement, and statement of cash flows to gain understanding of the FASB standards that have the greatest impact on accounting and financial reporting.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Sept. 29 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

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Exploring the Updated Internal Control Framework: Critical Concepts in Design, Evaluation, Implementation & Monitoring (UICF) Oct. 30 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Crowne Plaza, Madison James K. Myers, CPA, Instructor, Surgent McCoy CPE, LLC

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

NEW! Accounting & Auditing Update for Tax Practitioners (AAUP) Oct. 31 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha James K. Myers, CPA, Instructor, Surgent McCoy CPE, LLC Designed for all tax practitioners, this course will replenish your accounting and reporting tank with an update of recent standard setting activities at the PCC, FASB, ASB and ARSC. This course will also bring you up-to-date on the FASB’s new Private Company Decision-Making

Framework and the AICPA’s new special purpose framework, Financial Reporting Framework for Small-and Medium-Sized Entities (FRF for SMEs).

Since for many tax practitioners, compilation and review engagements also make up a substantial part of their overall professional practice, this course reviews the authoritative standards and guidance for performing and reporting on compilation and review engagements found in SSARS No. 19, Compilation and Review Engagements. The course utilizes hands-on examples and illustrations to increase your overall understanding and application of the material.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Sept. 30 Level of knowledge: Beginning CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

OCBOA: Preparing & Reporting on Cash, Modified Cash & Tax Basis Financial Statements (CMCT) Nov. 5 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha James E. Guzewich, MS, CPA, Consultant, Loomis & Co. For many businesses, preparing financial statements using a special purpose framework (the new terminology for OCBOA) may provide an alternative to the complexity of U.S. GAAP. This course will provide you with a comprehensive review and hands-on application for preparing and reporting on special purpose framework (SPF) financial statements. You will learn the unique measurement

and disclosure requirements of various SPF options using example financial statements and illustrative disclosures. The course will also guide you through SPF engagements from acceptance and planning to reporting, highlighting common practice issues. You will also be introduced to the AICPA’s new SPF for Small and MediumSized Entities FRF for SMEs. Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Oct. 5 Level of knowledge: Beginning CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

NEW! GAAS From A to Z (GAAS) Nov. 12 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha William I. Eskin, CPA, President, William I. Eskin, CPA While generally accepted auditing standards (GAAS) were clarified, they were not condensed. In fact, in arriving at and providing an opinion on the financial statements, auditors follow approximately 1,000 pages of standards! It takes a great deal of effort and energy to keep up with the current requirements. Designed for everyone in the firm, this course will replenish your tank with an understanding of GAAS needed to fuel high-performance audits under today’s standards. The course materials utilize a highly illustrative format to increase concept comprehension and retention.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Oct. 12 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

47 The Bottom Line | J u n e 2 0 1 4

Technological advances, increased regulatory scrutiny, globalization, and other challenges have caused entities and auditors to struggle with proper consideration of the cost-benefit of internal controls, recognizing that a well-designed system does not have to prevent or detect all internal control deficiencies just ones that matter most to the entity’s objectives. This course provides practical guidance on what a sound system of internal controls looks like and its impact on the financial statement audit, particularly for smaller entities.

seminars | www.wicpa.org/register ]

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seminars | program descriptions]

Accounting & Auditing Construction Contractors: Critical Accounting, Auditing & Tax Issues in Today’s Environment (CONS) Nov. 13 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha William I. Eskin, CPA, President, William I. Eskin, CPA 48 The Bottom Line | J u n e 2 0 1 4

Accounting and financial reporting for construction contractors may be the most difficult area to be in compliance with the various standards. Also, construction engagements are, in many instances, more dangerous than most lines of businesses due to the many users of the financial statements. In this course, we will discuss why construction accounting and financial reporting are so complex, and discuss the relationship between the contractor and the surety, both from an underwriting and claims perspective. We will also explore what the surety looks for in order to maximize potential bond credit, and we will discuss key areas of tax compliance concentrating on those areas which make construction unique.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 13 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Advanced Auditing of HUDAssisted Projects (EO-AHUD) Nov. 17 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha

Peter B. Bell, CPA, CGFM, Owner, Peter B. Bell, CPA Gain important insights into compliance pitfalls for HUDassisted housing owners and managers. Learn to recognize and apply the latest changes in the federally-assisted housing industry and efficiently plan, perform, and report a HUDassisted engagement. Uncover the effects of OMB Circular A-133 on HUD-assisted not-for-profit entities.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 17 Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

NEW! Staff Training Level III (ASE3)

Nov. 18 - 19 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Thomas Newell, CPA, Shareholder, Newell and Newell, P.C. This level of training identifies the more difficult areas for experienced auditors. We will focus on understanding business strategies; analyzing your client’s competitive position; audit analysis and business advice; auditing estimates and subjective accounting information; contingent liabilities; revenue recognition; and fair value measurement. This level will give staff the confidence necessary to begin assuming client and engagement management responsibilities.

Fee: $549 member/$599 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 18 Level of knowledge: Intermediate CPE credit: 16 hours Developed by: AICPA

NEW! Forensic Accounting: Uncovering Schemes & Scams (CL4FAFR) Nov. 19 | Registration 8 a.m.

Program 8:30 a.m. – Noon WICPA Professional Development Center, Waukesha Wayne Wells, CPA, CFE, Principal, Blankenship CPA Group Are you prepared for the increasing demand for forensic accountants and forensic accounting procedures to detect and prevent fraudulent financial reporting? As the focus on fraud discovery and deterrence rises, accountants must hone their skills to recognize fraudulent or deceptive practices and build their knowledge to redesign internal controls to prevent misappropriation of assets.

Maintaining these valuable abilities is easier said than done.

This course enables you to learn investigative techniques to uncover fraudulent scams and schemes and to sharpen your forensic skills. Don’t wait to learn and practice these critical forensic competences!

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

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NEW! Fraud & Cash Receipts: Common Frauds & Internal Controls (CL4RCR) Nov. 19 | Registration Noon Program 12:30 – 4 p.m.

WICPA Professional Development Center, Waukesha Wayne Wells, CPA, CFE, Principal, Blankenship CPA Group

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

NEW! Special Purpose Frameworks: Alternatives to GAAP (CL4CTB) Nov. 20 | Registration 8 a.m.

Program 8:30 a.m. – Noon WICPA Professional Development Center, Waukesha Wayne Wells, CPA, CFE, Principal, Blankenship CPA Group Alternatives to GAAP can be more useful, relevant, consistent,

and cost-effective for countless non-SEC registered businesses.

This course provides the practical information you need to prepare financial statements presented in accordance with a special purpose framework (SPF) (previously known as other comprehensive basis of accounting (OCBOA)). SPFs discussed include the cash basis, modified cash basis, income tax basis, and AICPA’s Financial Reporting Framework for Smalland Medium-Sized Entities.

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

NEW! Statement of Cash Flows: Preparation, Presentation & Use (CL4FCFS) Nov. 20 | Registration Noon Program 12:30 – 4 p.m.

WICPA Professional Development Center, Waukesha Wayne Wells, CPA, CFE, Principal, Blankenship CPA Group Top off your knowledge of the statement of cash flows.

Review statement of cash flows preparation and presentation options and improve cash flow analysis. Explore the requirements of the statement of cash flows guidance and related standards, and learn how to make appropriate classifications of transactions and events.

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

Audits of 401(k) Plans (AFKP) June 18, 2015 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Joann Cross, CPA, Ph.D., CMA, CGFM, CGMA, Professor, University of Wisconsin-Oshkosh 401(k) plans are a popular option for employee benefit plans, so you must have the proper skills to audit these plans effectively.

Every aspect of how to audit a 401(k) plan and prepare financial statements that satisfy ERISA and SEC requirements is covered in this course. Tap into ways to plan and conduct 401(k) audits more efficiently and effectively, and understand the differences between 401(k) audits and other employee benefit plan audits.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by May 18 Level of knowledge: Beginning CPE credit: 8 hours Developed by: AICPA

49 The Bottom Line | J u n e 2 0 1 4

Revenue and cash receipts are two critical areas that require strong controls to prevent intentional fraud or unintentional misstatements. While there is well-publicized fraud in these areas in larger companies, it also occurs in smaller businesses and not-for-profit entities. A sound system of internal controls is needed to help prevent fraud. All too often, a “one-size-fits-all” system is put in place without considering the uniqueness of each entity. It is crucial that an internal control system is tailored so that the areas of greatest risk receive the most attention.

seminars | www.wicpa.org/register ]

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Government/Not-for-Profit A Complete Guide to the Yellow Book (YBYB)

50

Our early birds get more than just a worm.

The Bottom Line | J u n e 2 0 1 4 See specific event registration for details, or call and ask for the WICPA CPE Department at

800-772-6939.

Save up to

40

$

when you register by the early bird deadlinefor WICPA conferences and seminars.

What’s more, every registrant from your company receives the discounted early bird rate.

Sept. 29 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha John F. Georger, CPA, CIA, Partner, The Pun Group, LLP The Yellow Book is a comprehensive document containing general standards, performance standards, and reporting standards for audit and attestation engagements.

The Yellow Book features a conceptual framework approach to independence, financial auditing standards, attestation standards, and more. This course will increase your confidence and proficiency in performing Yellow Book engagements through a thorough understanding of the standards.

The course materials use a highly illustrative format to increase concept comprehension and retention.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Aug. 29 Level of knowledge: Beginning CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Studies on Single Audit & Yellow Book Deficiencies (SAYB) Oct. 14 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Baker Tilly Virchow Krause LLP, Madison John D’Amico, CPA, Director, Loeb & Troper LLP The AICPA Professional Ethics Division, Most Frequent Violations of Professional Standards Government and Not-for-Profit Investigation, reveals significant issues in single audit issues, auditor’s reporting, audit procedures, and financial statement deficiencies.

In this course, learn how to avoid common Single Audit and Yellow Book audit deficiencies using simulated case studies and practice exercises with lessons for today’s issues. Avoid common mistakes and recognize the deficiencies before it’s too late.

Fee: $399 member/$449 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Sept. 14 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

Advanced OMB Circular A-133 Issues (AOMB) Nov. 11 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Bob Rawles, CPA, Senior Manager, Moss Adams LLP Be prepared for difficult OMB Circular A-133 audit areas before they happen rather than reviewing them after the fact. Learn how to carry the weighty responsibilities of planning, directing, and reporting on a single audit engagement, with an emphasis on the advanced topics that require particular attention.

This course gives you insights into key issues that are not covered by other courses. In a newly developed format for this year, this course provides various critical and pertinent topical areas including the status of proposed changes, AU-C 935 Compliance Audits, advanced issues in the determination of major programs, Schedule of Expenditures of Federal Awards, obtaining an understanding of and characteristics of internal control,

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GoneGreen!

seminars | www.wicpa.org/register ]

NEW! The WICPA has gone completely green for all seminars and conferences! Materials will be emailed to registrants in PDF format.

the Compliance Supplement and PCIE Report on National Single Audit Sampling Project.

Latest Developments in Nonprofit Accounting & Auditing 2014 (NPAA)

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 11 Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

Nov. 18 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Stoney Creek Inn, Rothschild

Nov. 17 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Stoney Creek Inn, Onalaska William C. Wagner, CPA, Sole Practitioner, William C. Wagner, CPA It’s been said that you cannot fit a square peg into a round hole.

The same principle holds true for audits of not-for-profit entities.

You cannot apply a standard commercial audit approach to the audit of a not-for-profit entity and expect a good fit. Skilled auditors will instead adjust and hone the audit approach to fit the not-for-profit entity. This course is designed to help you obtain the superior skills needed to audit not-for-profit entities. The course materials use a highly illustrative format to increase concept comprehension and retention.

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 17 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

With four active standard setters (GAO, OMB, AICPA, and FASB), there are always important developments occurring in nonprofit accounting and auditing.

Time is valuable, and it’s hard to stay current in today’s rapidly changing environment. Save time and effort in staying current through this informative update.

This course will enable you to excel in the constantly changing nonprofit environment. The course materials use a highly-illustrative format to increase concept comprehension and retention.

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 18 Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Yellow Book: Government Auditing Standards (EOYB) Dec. 2 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Sheldon Langsam, Ph.D., CPA, Professor, Western Michigan University Do you perform engagements in accordance with the Yellow Book? This course provides an excellent baseline of information to accountants in understanding governmental auditing foundations, ethics, general

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Nov. 2 Level of knowledge: Beginning CPE credit: 8 hours Developed by: AICPA

Not-for-Profit Accounting & Reporting: From Start to Finish (NPAR) Feb. 3 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Elizabeth Woodson, CPA, CEO, Accounting Business Systems, Inc. Rather than training to run part of the race, train to run the entire race from start to finish. This course trains you to clear key hurdles in not-for-profit accounting and reporting in an efficient and effective manner. Avoid the potholes of confusion and finish first by providing a financial picture that end users can truly understand.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Jan. 3 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: AICPA

51 The Bottom Line | J u n e 2 0 1 4

Auditing Not-for-Profit Entities: Superior Skills for an Effective & Efficient Audit (ANFP)

William C. Wagner, CPA, Sole Practitioner, William C. Wagner, CPA

audit standards, financial audit standards, attestation engagement standards, field work standards, and reporting standards for performance audits. It’s essential that all auditors planning and conducting audits in accordance with with Government Auditing Standards understand, and discern these concepts and standards in executing their responsibilities.

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Management & Emerging Professionals

Annual Update for Controllers (SKSB)

Sept. 9 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha James Lindell, CPA, MBA, President, Thorsten Consulting Group, Inc.

52 The Bottom Line | J u n e 2 0 1 4

Strengthen your abilities as a controller and help your management team understand current economic issues through the latest trends in accounting, finance, human resources, treasury management and business systems. Explore leading-edge topics in managerial accounting and finance in a session that’s packed with useful tips and practical guidance that you can apply immediately.

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Aug. 9 Level of knowledge: Update CPE credit: 8 hours Developed by: AICPA

Advanced Controller & CFO Skills (ACCS) Oct. 16 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha James Lindell, CPA, MBA, President, Thorsten Consulting Group, Inc. This course examines best practices of leading-edge controllers and CFOs. Demonstrate your advanced skills that add value and contribute to the success of the organization. Learn 10 specific skills every CFO or controller needs to be successful, and you will find that you suddenly have more power and influence than you ever thought possible. Show the company’s leadership how vital you are to their profitability!

Fee: $389 member/$439 nonmember $30 AICPA member discount $20 additional for hard copy materials

$40 early bird discount if registered and paid by Sept. 16 Level of knowledge: Advanced CPE credit: 8 hours Developed by: AICPA

Critical Thinking Skills (CTS) Oct. 27 | Registration 8 a.m.

Program 8:30 a.m. – Noon WICPA Professional Development Center, Waukesha Dan Chenoweth, MBA, CPA, President, Chenoweth & Associates “What were they thinking?” Why do business leaders sometimes make decisions that severely damage themselves and their organizations?

It’s tempting to assume a poor choice of action must have been due to a leader’s incompetence, inexperience, bad character, or low intelligence— but reality is much more complex.

Choose this seminar to understand why common and easily attributed factors generally aren’t the true cause when leaders and organizations blunder. In the aftermath of bad business decisions, many turn to finance and accounting professionals for evaluation, answers, remedies, and solutions. This seminar provides conceptual and case study material to better equip you for the challenge.

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

Financial Analysis in a Metrics Driven World (FAMD) Oct. 27 | Registration Noon Program 12:30 – 4 p.m.

WICPA Professional Development Center, Waukesha Dan Chenoweth, MBA, CPA, President, Chenoweth & Associates Financial ratios are an old-fashioned financial analysis tool. Learn to better analyze your company’s performance by combining both financial and non-financial data.

This session gives you the opportunity to collaborate with other professionals in a hands-on, interactive setting. This is not your father’s financial analysis!

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

NEW! Annual Financial Management Spotlight (AFMS) Oct. 28 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Dan Chenoweth, MBA, CPA, President, Chenoweth & Associates This course places a spotlight on ethical leadership, including: why ethics and trust require one another, why trustworthy leadership matters so much to sustainability and the bottom line, and current reallife cases illustrating today’s trust crisis in business leadership. Learn about risk management which includes what the profession’s risk management standards say, finance’s risk management responsibilities, and what risk is insufficient or excessive.

Other topics include private company accounting and crowd funding.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Sept. 28 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Executive Education

NEW! Finance & Innovation (FI) Dec. 16 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Virgie M. Ammerman, MBA, CPA, CITP, President, 180 Medical Billing Services Innovation drives economic growth.

The key to reigniting the American

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Management & Emerging Professionals economy is reigniting innovation.

Innovation can be fostered, nurtured, encouraged and sustained by our companies and organizations.

Management can create organizations that thrive on innovation or kill new ideas. Financial managers can help develop and maintain management practices that nurture innovation or finance can just maintain the status quo.

Innovation is not solely the purview of marketing, sales, service or production. Truly innovative finance professionals use technology and other simple techniques to provide new and more meaningful and actionable information to all employees.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Nov. 16 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Executive Education

NEW! Controller’s Update: Today’s Latest Trends (CL4SKSB) Feb. 11 | Registration 8 a.m.

Program 8:30 a.m. – Noon WICPA Professional Development Center, Waukesha Ron Rael, CEO & Founder, The High Road™ Institute Strengthen your abilities as a controller and help your management team understand current economic issues through the latest trends in accounting, finance, human resources, treasury management, and business systems.

Learn leading-edge topics in managerial accounting and finance in a session packed with useful tips and practical guidance that you can apply immediately.

Fee: $249 member/$299 nonmember $20 additional for hard copy materials

NEW! Critical Skills for Budgeting Success (CL4CSCB) Feb. 11 | Registration Noon Program 12:30 – 4 p.m.

WICPA Professional Development Center, Waukesha Ron Rael, CEO & Founder, The High Road™ Institute Budgeting is both an art and a science.

Learn how to apply leading-edge tools and methods to make your planning process more strategic and your budget process more flexible. Your budget should not lead to “turf wars” over precious and scarce resources.

Experience how to build a set of decision-making processes early on and how to use them to make smart resource allocation choices that benefit your entire organization. Explore ways to have your planning and budgeting process work to increase the potential for higher earnings.

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

NEW! Analyzing a Company’s Financial Statement (CL4FSABM) Feb. 12 | Registration 8 a.m.

Program 8:30 a.m. – Noon WICPA Professional Development Center, Waukesha Ron Rael, CEO & Founder, The High Road™ Institute More and more, clients are turning to you for advice on financial performance.

Are you ready? This course presents the financial statements as a set of dynamic instruments that can be used for accurate, relevant and timely financial decisions. Focus on the economic and financial conditions that caused the statements to change and discover how businesses can manage liquidity, debt and profitability. Plus, explore effect ratios,

causal ratios, pro forma analysis, sustainable growth and much more.

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

NEW! Risk, Cost & Cash Management for Controllers & Financial Managers (CL4TKBP) Feb. 12 | Registration Noon Program 12:30 – 4 p.m.

WICPA Professional Development Center, Waukesha Ron Rael, CEO & Founder, The High Road™ Institute When an organization fails, it’s usually due to several factors. These often result from a number of undetected, poor practices that infect and grow throughout the entire organization. They can include a lack of understanding of costs, poor asset allocation, systems that support the status quo, failure to identify risk and tunnel vision by management.

Often, management repeat poor practices across the enterprise. For example, do you think a so-called “budgeting crisis” is normally due to the budget, or actually hidden, existing problems that were uncovered due to the budgeting process? This course demonstrates the use of practices and techniques specifically designed to assist CPAs and other financial professionals in adding value to their company through improved decision-making, cost management, understanding business cycles, managing continuous improvements, cash management and risk management.

Examples of actions by both successful and failed organizations are used throughout the session.

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

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Innovation can thrive in “skunkworks,” but it is also fostered through systems that measure report and manage innovation. Financial managers need to measure innovation metrics and report on innovation efforts.

Level of knowledge: Update CPE credit: 4 hours Developed by: AICPA

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The Best Income Tax, Estate Tax & Financial Planning Ideas of 2014 (IEFP)

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Our early birds get more than just a worm.

The Bottom Line | J u n e 2 0 1 4 See specific event registration for details, or call and ask for the WICPA CPE Department at

800-772-6939.

Save up to

40

$

when you register by the early bird deadlinefor WICPA conferences and seminars.

What’s more, every registrant from your company receives the discounted early bird rate.

June 19 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Brookfield Douglas J. Stanley, CPA, Counsel, Bryan Cave LLP With higher tax rates for individuals and trusts, tax planning takes on more importance. Plus, with Social Security going bust and interest rates at an all-time low, new ideas for financial planning for retirement must be considered.

This course explores practical taxplanning ideas that practitioners can use to assist clients with their needs. This course is crucial for CPAs who are looking for good ideas that can save client’s money!

Fee: $389 member/$439 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

How to Settle an Estate for a Client From A to Z (SEAZ) June 20 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Brookfield Douglas J. Stanley, CPA, Counsel, Bryan Cave LLP Federal estate and gift taxes currently affect few clients, but there are many other issues involved in settling an estate or administering a trust. Clients who are beneficiaries of a trust or estate often turn to their financial advisors to understand the administrative process and its effect on their interests. This course enables the accountant to cut

through the jargon to understand the legal concepts, communicate a real-world explanation to clients, and serve, in some instances, as an executor or trustee or as an advisor to them. After taking this course, practitioners will feel more confident to serve in a fiduciary capacity.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

NEW! Buying & Selling a Business: Critical Tax & Structuring Issues (SELL) Sept. 17 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Jeffrey C. Snyder, CPA, President, Snyder Management Corp.

One of the major transactions CPA clients enter into is a purchase or disposition of a business. To help tax professionals in advising those clients, this course offers a comprehensive analysis of the business and tax aspects of buying and selling a business.

It’s a practical guide to help practitioners and industry CPAs understand structuring techniques.

All CPAs, including controllers and executives in industry, should understand how difficult the process of buying and selling a business has become.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Aug. 17 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

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GoneGreen!

seminars | www.wicpa.org/register ]

NEW! The WICPA has gone completely green for all seminars and conferences! Materials will be emailed to registrants in PDF format.

Make Money for You & Your Clients: Surgent’s Top Business Tax Planning Strategies (BTPS) Sept. 18 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Crowne Plaza, Madison Jeffrey C. Snyder, CPA, President, Snyder Management Corp.

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Aug. 18 Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Staff Training Level III: Advanced Issues (TSTA) Oct. 13 - 14 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Don Paul Cochran, J.D., CPA, CFP, Sole Practitioner & Co-Owner, Nichols Patrick CPE, Inc. Designed for the accountant with more than two seasons of tax experience who is ready to take more responsibility for providing and supervising tax services to clients, this program includes income taxation of estates and trusts, special rules affecting controlled groups, and transfers of partnership interests. Program participants will learn how to comply with professional standards, prepare written tax advice,

Fee: $549 member/$599 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Sept. 13 Level of knowledge: Advanced CPE credit: 16 hours Developed by: Nichols Patrick CPE, Inc.

IRS Practice & Procedure: Audits, Appeals, Assessment, Settlement & Collection (IPP) Oct. 16 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Don Paul Cochran, J.D., CPA, CFP, Sole Practitioner & Co-Owner, Nichols Patrick CPE, Inc. Beginning in 2012, IRS compliance initiatives will target high-income individuals, pass-through entities, and exempt organizations (including qualified plans). Other compliance programs focus on specific industries and issues. Be prepared! Learn how the IRS’s examination process works, how to present issues to the Appeals Division, and options for paying deficiencies. This program covers everything from the initial examination notice to submission of an Offer in Compromise. Learn when “Innocent Spouse” relief might be available, when automatic installment payments might be available, how the IRS’s own Audit Technique Guides can help you, and other IRS collection and audit procedures.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Sept. 16

Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Nichols Patrick CPE, Inc.

NEW! Current Federal Tax Developments (CFTD) Oct. 17 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Don Paul Cochran, J.D., CPA, CFP, Sole Practitioner & Co-Owner, Nichols Patrick CPE, Inc. For any tax advisor, this fast-paced one-day course covers, in plain English, the latest developments in federal taxation, updated biweekly, with emphasis on real world applications. Current Federal Tax Developments is always applauded for its relevance and coverage of practical issues. Emphasis on current issues, planning, and strategy keeps participants interested all day. Learn how to avoid penalties, how to use IRS “Frequently Asked Questions” to answer tough questions relating to new laws, how to plan for the new “Medicare Tax” and other tax provisions in the Affordable Care Act, how to change more than 150 accounting methods automatically with no user fee, and much more.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Sept. 17 Level of knowledge: Update CPE credit: 8 hours Developed by: Nichols Patrick CPE, Inc.

New “Repair Regs” Sec. 263(a) (NRR) Oct. 22 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Stoney Creek Inn, Onalaska Don Paul Cochran, J.D., CPA, CFP, Sole Practitioner & Co-Owner, Nichols Patrick CPE, Inc.

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This course is designed to provide innovative, real-world ideas that will increase revenue for you, your firm or company, and your clients.

Find out the answers to tough questions regarding tax planning and strategies for the closely held business, and learn how to apply key techniques to make more money.

represent clients before the IRS, and produce quality tax research using Code, Regulations, IRS Published Guidance, Committee Reports and case law.

Taxation

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Is an expenditure associated with tangible property deductible or must it be capitalized? Learn new rules for treatment of amounts paid to acquire, produce, repair, or improve tangible property and proper accounting for dispositions of property subject to depreciation.

The new regulations provide objective standards and brightline rules intended to simplify compliance with the capitalization provisions contained in section 263(a) of the Internal Revenue Code. This program provides comprehensive analysis of the new rules, and an explanation of how your clients might benefit from some automatic changes in accounting methods. From repair of a machine in a factory to acquisition of an apartment building, property transactions are affected by these new rules.

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Sept. 22 Level of knowledge: Update CPE credit: 8 hours Developed by: Nichols Patrick CPE, Inc.

Estate & Life Planning Issues for the MiddleIncome Client (PMIC) Oct. 28 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Stoney Creek Inn, Onalaska Scott Emerson, EA, Sole Practitioner, Instructor, Surgent McCoy CPE, LLC Clients think that estate planning only applies to the very rich.

In truth, there are many issues of critical concern for which the middle-income client needs to plan. This course is a must attend for all CPAs who work with middle-income clients and are looking for ways to provide additional quality services.

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Sept. 28 Level of knowledge: Beginning CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Fiduciary Income Tax Returns: Form 1041 Workshop (1041) Oct. 29 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Scott Emerson, EA, Sole Practitioner, Instructor, Surgent McCoy CPE, LLC As income tax rates rise on estates, trusts, and their beneficiaries, consideration of the income tax effects becomes more critical. This course will define the complicated income tax rules of estates and trusts, fiduciary accounting, and provide an introduction or refresher of how to prepare Form 1041.

Included is a practical, 300-plus page manual, an excellent reference source for your practice.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Sept. 29 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Form 990: A Comprehensive Approach to Accurate Preparation (EO-F990) Oct. 29 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Baker Tilly Virchow Krause, LLP, Madison Robert Lyons, CPA, Managing Tax Director, MP&S Discover the tax information and understanding of not-for-profit

organization issues you need to prepare the current Form 990. This course will cover the numerous tax reporting demands the 990 imposes, including how to respond to its inquiries. Participants will gain the tax knowledge necessary both to complete Form 990 properly and advise exempt clients on the form’s complexities and demands.

Fee: $399 member/$449 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Sept. 29 Level of knowledge: Beginning CPE credit: 8 hours Developed by: AICPA

The Best Individual Income Tax Update Course by Surgent McCoy (BITU) Nov. 3 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Pamela J. Davis-Vaughn, CPA, President, Pamela J. Davis-Vaughn, CPA This year’s significant changes to the tax environment require sound planning in 2014 for individual clients to respond effectively. This highly informative course responds to the latest in tax law developments, including discussions of the planning opportunities available to your individual tax clients. This up-todate knowledge will enable you to further discuss new developments and tax-saving ideas applicable to your clients and their growing needs in light of post-election developments.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 3

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Taxation

Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

The Complete Guide to Payroll Taxes & 1099 Issues (CGPT)

Nov. 4 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha James E. Guzewich, MS, CPA, Consultant, Loomis & Co.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 4 Level of knowledge: Beginning CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Surgent’s Comprehensive Guide to Tax Depreciation, Amortization & Property Transactions from Acquisition to Exchange or Disposition (TDAP) Nov. 4 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Crowne Plaza, Madison Pamela J. Davis-Vaughn, CPA, President, Pamela J. Davis-Vaughn, CPA

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 4 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

NEW! Hot Tax Planning Developments Under the Current Tax Law (CL4HOT)

NEW! Key S Corporation Tax Strategies & Compliance Issues (CL4SCORP) Nov. 6 | Registration Noon Program 12:30 – 4 p.m.

WICPA Professional Development Center, Waukesha William Marutzky, LLM, J.D., MS, CPA, CFE, Attorney, Querrey & Harrow, Ltd. Get the knowledge you need to speak effectively to new and current clients about how you can make the S Corporation business model work for them. Be prepared to explain the benefits and drawbacks of electing S Corporation status and why more business taxpayers favor the pass-through entity over the C Corporation. Discuss the most misunderstood areas of S Corporation taxation and how businesses and shareholders can use S Corps to their advantage.

Nov. 6 | Registration 8 a.m.

Program 8:30 a.m. – Noon WICPA Professional Development Center, Waukesha

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

William Marutzky, LLM, J.D., MS, CPA, CFE, Attorney, Querrey & Harrow, Ltd.

NEW! Cancellation of Debt for Individuals & Businesses (CL4CDIB)

Are you up-to-date on the latest tax planning developments for 2014? This course explores the hottest tax planning topics which will impact you and your clients.

Discover how these topics may impact tax planning strategies and be in a position to help minimize your client’s tax bill.

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

Nov. 7 | Registration 8 a.m.

Program 8:30 a.m. – Noon WICPA Professional Development Center, Waukesha William Marutzky, LLM, J.D., MS, CPA, CFE, Attorney, Querrey & Harrow, Ltd. Many clients have probably come to you in recent months with an assortment of issues related to foreclosures, short sales and restructured debt. Are you ready to help them and provide solutions? This example-heavy course explores the multifaceted

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Employment taxes are often overlooked as an area where more planning may be effective.

Payroll taxes have become an increasing burden for the average business, and IRS penalties for noncompliance have risen dramatically in recent years. They have also been subject to employer incentives. The IRS has announced that uncovering noncompliance by employers ranks high on its audit list. This course presents a comprehensive overview of federal payroll taxes, Form 1099 and related compliance issues.

Seemingly every year, economic stimulus packages drastically change depreciation rules. This course will provide an updated in-depth analysis of the complex maze of rules dealing with depreciation, amortization, and sale of property, with an emphasis on identifying special planning opportunities and pitfalls. A reference manual contains many examples and cases to illustrate the most important points CPAs need to know.

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topic of cancellation of debt for individuals and businesses. Topics discussed include proper treatment and reporting of foreclosures, short-sales, income reported on forms 1099-C and 1099-A, and preparation of Form 982 among others. Income exclusions related to qualified principal residence indebtedness, qualified real property business indebtedness, bankruptcy and insolvency will be reviewed with real-life examples.

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

NEW! Estates & Trusts: Mastering Complex Income Tax Issues (CL4ITET) Nov. 7 | Registration Noon Program 12:30 – 4 p.m.

WICPA Professional Development Center, Waukesha William Marutzky, LLM, J.D., MS, CPA, CFE, Attorney, Querrey & Harrow, Ltd. Protect your clients’ assets and shield their estates from increased taxation brought about by the changing tax code. Understand the tax obligations of trusts and estates and how these obligations affect beneficiaries. This course provides exercises and examples that reflect the calculation and allocation of taxable income and its presentation on the appropriate forms.

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

Surgent’s Multistate Tax Update (MSTU) Nov. 20 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Training Center, Waukesha

John L. Evanich, CPA, Tax Partner, CohnReznick LLP You can’t afford to ignore recent changes in state and local tax.

Even tax-savvy businesses and their advisers often neglect to consider the consequences of state and local taxes. Multistate taxation has become more complex and demanding than ever before. In addition to having their own unique tax laws, states have been more focused on enforcement. Plan to attend this fast-paced class that covers developing topics in state taxation, ranging from individuals to pass-through entities to corporate taxpayers.

This class will focus on issues confronting small and middlemarket companies and offer practical guidance for minimizing tax liability and negotiating the treacherous waters of compliance.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 20 Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

By comparing and contrasting the tax aspects of C Corporations, S Corporations, partnerships, sole proprietorships and limited liability companies, this course focuses on distinctions that can make big differences. This indepth course will cover planning opportunities and potential pitfalls in developing a business structure. This course is a must for all practitioners.

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Oct. 21 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Surgent’s Federal Tax Camp (SATC) Dec. 1 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

The Radisson Hotel, Green Bay John N. Sherrick, MS, CPA, Tax Partner, Sitrick & Associates, LLC

John L. Evanich, CPA, Tax Partner, CohnReznick LLP

Both businesses and individual clients will be affected by all of the tax changes that require the tax advisor to engage in extensive tax planning. Not only will you be updated on the most important tax issues that require your attention, but this course will also review the major trends and changes in the case and regulatory law. Included is full coverage of all tax changes together with continuing coverage of health care and any estate and gift tax reform.

Tax rates are always an important factor in choosing the form of business organization, and the individual and corporate rates in 2014 and beyond demand a reconsideration of current businesses and a different analysis for new ventures.

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Nov. 1 Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Choosing the Best Entity Structure Under the Tax Law in 2014 (CBES) Nov. 21 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Baker Tilly Virchow Krause, LLP, Appleton

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Taxation

2014 Corporate Income Tax Workshop (CITW) Dec. 1 – 2 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Douglas Stives, CPA, MBA, Professor, Monmouth University

Fee: $549 member/$599 nonmember $30 AICPA member discount $20 additional for hard copy materials $40 early bird discount if registered and paid by Nov. 1 Level of knowledge: Intermediate CPE credit: 16 hours Developed by: AICPA

NEW! ObamaCare & Fringe Benefits: 2014 & Beyond (OBCR)

Dec. 8 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Training Center, Waukesha Steven B. Wagner, CPA, Principal, Froehling Anderson 2014 is a critical year for business owners and employees

New “Repair Regs” Sec. 263(a) (NRR2)

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Nov. 8 Level of knowledge: Update CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Is an expenditure associated with tangible property deductible or must it be capitalized? Learn new rules for treatment of amounts paid to acquire, produce, repair, or improve tangible property and proper accounting for dispositions of property subject to depreciation.

The new regulations provide objective standards and brightline rules intended to simplify compliance with the capitalization provisions contained in section 263(a) of the Internal Revenue Code. This program provides comprehensive analysis of the new rules, and an explanation of how your clients might benefit from some automatic changes in accounting methods. From repair of a machine in a factory to acquisition of an apartment building, property transactions are affected by these new rules.

NEW! Getting More Active With the Passive Activity Rules & the New Net Investment Income Tax (PAIT) Dec. 9 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Training Center, Waukesha Steven B. Wagner, CPA, Principal, Froehling Anderson Now more than ever, every business owner and real estate investor must determine if they materially participate in any and all trades or businesses, even if they make a profit or a loss, because of the new net investment income tax.

These extremely complicated rules require an in-depth understanding of election and planning issues that CPAs need to know. The IRS has been very aggressive in audits under the passive loss rules and will now expand their investigation to include the new NII tax.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Nov. 9 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Dec. 9 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Randy C. Newton, CPA, President & Founder, NewtonCPA, PLLC.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Nov. 9 Level of knowledge: Update CPE credit: 8 hours Developed by: Nichols Patrick CPE, Inc.

Tax Staff Training Level II: Business (TSTB) Dec. 10 - 11 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Randy C. Newton, CPA, President & Founder, NewtonCPA, PLLC

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Originally written by Sid Kess and now led by AICPA’s top tax instructors, this course will give you an advantage with our unique perspective on the latest tax changes. Look at the most recent tax laws and other developments affecting C Corporations, S Corporations, and other business entities, including limited liability companies. Learn how to advise clients and employees on the latest tax—planning ideas.

Share marketing ideas from top practitioners—based on the latest tax strategies. In addition, practical, real-life exercises will help you apply what you’ve learned from this comprehensive course.

in determining their health insurance options and costs and in structuring their fringe benefit programs. This course will focus on the key issues and planning strategies that CPAs and other tax practitioners need to know in order to advise their clients regarding this far-reaching legislation.

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Taxation

60 The Bottom Line | J u n e 2 0 1 4

Designed as practical “next-step” training for the accountant who has one or two tax seasons’ experience and is expected to accept additional responsibility and work on more complex assignments, this course introduces the participant to business income tax returns and tax issues commonly encountered in operating businesses. The case study shows participant how to summarize and organize information from trial balance, make entries required for tax reporting and actually prepare tax returns. Participants will also be introduced to tax practice ethics (Circular 230), basic tax research techniques, and common sources of authority for tax return positions.

Fee: $549 member/$599 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Nov. 10 Level of knowledge: Intermediate CPE credit: 16 hours Developed by: Nichols Patrick CPE, Inc.

Surgent’s Handbook for Mastering Basis, Distributions & Loss Limitation Issues for S Corporations, LLCs & Partnerships (HMBI) Dec. 15 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Pamela J. Davis-Vaughn, CPA, President, Pamela J. Davis-Vaughn, CPA The most difficult concepts to master when dealing with flowthrough business entities are the basis and distribution concepts.

Major error and malpractice issues occur if the CPA does not fully understand the impact of these rules. This course is designed to focus on the practical applications of these rules.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Nov. 15 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Tax Advisors Update (PTU) (PTU2) Dec. 15 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Stoney Creek Inn, Onalaska Dec. 16 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Brookfield Suites, Brookfield Andy Biebl, CPA, Partner, CliftonLarsonAllen LLP Benefit from the perspective of CliftonLarsonAllen’s expert CPE authors and instructors. This popular course, featuring tax experts Andy Biebl and Chris Hesse, keeps you up to date on the latest tax developments affecting your clients’ personal and business income taxes.

Attend this information-packed session, and leave with practical tools, strategies and insights to serve your clients well.

Fee: $409 member/$459 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid 30 days prior to the program Level of knowledge: Update CPE credit: 8 hours Developed by: CliftonLarsonAllen LLP This program is approved for 7.5 CLE hours.

Hot IRS Tax Examination Issues for Individuals & Businesses (EXIB) Dec. 16 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Pamela J. Davis-Vaughn, CPA, President, Pamela J. Davis-Vaughn, CPA

Recently, the IRS has dramatically ramped-up its examination of individuals and small business taxpayers. Now, more than ever, CPAs need clients to understand the need for documentation and procedures to substantiate what IRS auditors are pursuing. Learn the high audit risk areas and ways to help clients survive an IRS audit with little or no change. It is critical for CPAs in public accounting to understand the risk to clients and to themselves in tax return preparation and planning.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Nov. 16 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

Preparing Individual Tax Returns for New Staff & ParaProfessionals (PITR) Jan. 8 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha William H. Allen Jr., MBA, CPA, Ph.D., Owner, Allen & Associates, CPA The purpose of this course is to train new staff accountants, data processing employees, para-professionals, and bookkeepers to prepare a complicated federal individual income tax return.

Over the years, thousands of new staff have received practical, hands-on experience to become familiar with tax forms. This course covers the latest tax law changes, making it essential for your new staff.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Dec. 8 Level of knowledge: Beginning CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC

[

seminars | www.wicpa.org/register ]

Taxation

The Complete Guide to Preparing Limited Liability Company, Partnership & S Corporation Federal Income Tax Returns (PLPS) Jan. 9 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha

William H. Allen Jr., MBA, CPA, Ph.D., Owner, Allen & Associates, CPA

the similarities and differences of these popular entity structures.

This course will enable the practitioner to learn in one day how to prepare S Corporation, LLC and partnership tax returns. The course focuses on an identical trial-balanceto-completed-tax-return case study prepared on both Form 1120S and Form 1065, allowing one to explore

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by Dec. 9 Level of knowledge: Beginning CPE credit: 8 hours Developed by: Surgent McCoy CPE, LLC 61

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

focus on the topics and learn new ideas while you’re there.

The sooner we know how many participants are registered, the better we can plan ahead, too.

800-772-6939.

Save up to

40

$

when you register by the early bird deadline for WICPA conferences and seminars.

What’s more, every registrant from your company receives the discounted early bird rate.

The Bottom Line | J u n e 2 0 1 4

Our early birds get more than just a worm.

[

seminars | program descriptions ]

Information Technology

Advanced Excel (ADE) Sept. 17 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Crowne Plaza, Madison Val Steed, CPA, CITP, MA, Shareholder, K2 Enterprises

62 The Bottom Line | J u n e 2 0 1 4

Although many accountants consider themselves experts in using Excel, most accountants are self-taught and do not use Excel to its full potential. This course takes experienced, self-taught users to the next level. It provides real world examples developed by accountants for accountants in the following six major topic areas: collaboration and workbook security; using tables to analyze and report data; integrating and manipulating data from external sources; creating and auditing complex formulas; advanced data analysis with subtotals, filters, and PivotTables; and using charts to analyze and communicate information. Its content is based on more than 20 years of experience in delivering Excel training to accountants and on feedback from thousands of accounting and financial professionals just like you. If you use Excel extensively, you need this course! Participants will have access to sample data files.

Dashboard reporting is rapidly becoming the norm for organizations seeking to improve financial and operational reporting processes. Dashboards allow recipients easy access to mission-critical data, usually in an on-demand environment, thereby allowing users to get the information they need when they need it. With greatly enhanced charting and graphing capabilities, along with the ability to handle much larger volumes of data, Excel is an ideal tool for creating highimpact dashboards in businesses of all sizes. Learn how to build Excel-based dashboards that extract information from your accounting application along with other databases and to present this data as actionable information in a dashboard setting.

Key topics include extracting and summarizing data stored in various databases; charting and graphing data, including specialized charts and graphs such as tachometer gauges and thermometer charts; identifying and highlighting trends in data; distributing dashboard reports throughout the organization; and using Excel add-ins such as BizExcelerator to enhance the dashboard reporting process.

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Aug. 17 Level of knowledge: Advanced CPE credit: 8 hours Developed by: K2 Enterprises

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Aug. 18 Level of knowledge: Advanced CPE credit: 8 hours Developed by: K2 Enterprises

Excel-Based Dashboards (EBD)

Excel Tips, Tricks & Techniques for Accountants

Sept. 18 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Val Steed, CPA, CITP, MA, Shareholder, K2 Enterprises

(EXL)

Oct. 23 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Stoney Creek Inn, Rothschild William Fleenor, CPA, Ph.D., Shareholder, K2 Enterprises

Excel is the accountant’s tool of choice for analyzing and reporting financial data, yet most accountants have never received any formal Excel training. As a result, many accountants use time-consuming and error-prone processes to complete everyday tasks. This highly acclaimed course contains hundreds of tips, tricks and techniques to improve your productivity and accuracy. Its content is based on more than 20 years of experience in delivering Excel training to accountants and on feedback from accounting and financial professionals just like you. The course has six major areas of topical coverage: productivity tips and tricks, formatting essentials, customizing Excel, formula-building essentials, three-dimensional workbooks and printing essentials. If you are an Excel user, regardless of your level of experience, and you have never taken a formal Excel training course for accountants, you need this course! Participants will have access to sample data files.

Special Pricing! $219 member/ $269 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Sept. 23 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: K2 Enterprises

NEW! Advanced QuickBooks Tips & Techniques (AQB-4) Oct. 30 | Registration 8 a.m.

Program 8:30 a.m. – Noon WICPA Professional Development Center, Waukesha Thomas G. Stephens Jr., CPA, CITP, Shareholder, K2 Enterprises QuickBooks remains one of the leading accounting solutions for small and growing businesses and Intuit has added numerous

[

GoneGreen!

NEW! The WICPA has gone completely green for all seminars and conferences! Materials will be emailed to registrants in PDF format.

advanced features to the application over the past few releases. Knowing how to take advantage of these tools can determine your level of success when working with QuickBooks.

Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 4 hours Developed by: K2 Enterprises

NEW! Word, Outlook & PowerPoint: Tips & Tricks for Enhancing Productivity (MOT-4) Oct. 30 | Registration Noon Program 12:30 – 4 p.m.

WICPA Professional Development Center, Waukesha Thomas G. Stephens Jr., CPA, CITP, Shareholder, K2 Enterprises Most likely, you work with Microsoft Office Word, Outlook, and PowerPoint frequently. Yet, you probably have never received any training on how to use these tools to their fullest.

In this half-day session, you will learn the best ways to work with Word, Outlook, and PowerPoint, and increase your productivity in the process. Among the topics covered in this seminar are Styles – Word’s best feature; exporting a Word document to a PowerPoint presentation; how to manage the email avalanche in Outlook and using Office Web Apps, SkyDrive,

Information Technology

and SkyDrive Pro to work with your data anytime and anywhere.

Do not miss this chance to ramp-up your Microsoft Office productivity by learning the best practices for working in Word, Outlook, and PowerPoint.

Fee: $249 member/$299 nonmember $20 additional for hard copy materials Level of knowledge: Intermediate CPE credit: 4 hours Developed by: K2 Enterprises

Excel Tips, Tricks & Techniques for Accountants (EXL2)

Oct. 31 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Thomas G. Stephens Jr., CPA, CITP, Shareholder, K2 Enterprises Excel is the accountant’s tool of choice for analyzing and reporting financial data. Yet, most accountants have never received any formal Excel training. As a result, many accountants use time-consuming and error-prone processes to complete everyday tasks. This highly acclaimed course contains hundreds of tips, tricks and techniques to improve your productivity and accuracy. Its content is based on more than 20 years of experience in delivering Excel training to accountants and on feedback from tens of thousands of accounting and financial professionals just like you. The course has six major areas of topical coverage: productivity tips and tricks, formatting essentials, customizing Excel, formula-building essentials, three-dimensional workbooks and printing essentials. If you’re an Excel user, regardless of your level of experience, and you have never taken a formal Excel training

course for accountants, you need this course! Participants will have access to sample data files.

Special Pricing! $219 member/$269 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Sept. 30 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: K2 Enterprises

NEW! Windows 8 & Microsoft Office Symposium (WIN8) Nov. 14 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Bryan Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings This course is designed to be a dynamic day full of learning modules that cover all of the bases of Windows 8 and the new Microsoft Office strategy, which includes the new Office 365 offering and working with Office documents on your iPad. You will leave this event with a solid understanding of what your strategy should be as it relates to the newest generation of Microsoft offerings.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Oct. 14 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: CPA Crossings

NEW! Adobe Acrobat for Accountants From A-Z (AAAZ) Dec. 3 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Bryan Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings

63 The Bottom Line | J u n e 2 0 1 4

In this seminar, learn how to take advantage of key features in QuickBooks to solve issues in fields such as financial and operational reporting, inventory management, closing out accounting periods, and integrating QuickBooks with other applications. Take advantage of this opportunity to learn about the “deep” features in QuickBooks so that you maximize your effectiveness with the application.

seminars | www.wicpa.org/register ]

[

seminars | program descriptions ]

Information Technology

If you find yourself working with PDF files more frequently, you will definitely benefit from this course.

Adobe Acrobat is the de facto standard software for creating, viewing, annotating and securing PDF files. Learn all of the features of Adobe Acrobat that will allow you to work with PDF files with maximum efficiency.

64 The Bottom Line | J u n e 2 0 1 4

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Nov. 3 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: CPA Crossings

NEW! Transform Your Busy Season With Technology Tools You Already Use! (TYBS) Dec. 18 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Bryan Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings This NEW course is packed with practical “how to” time-saving tips to help make the busiest time of year more productive. Learn how to save 30 minutes each day by incorporating simple time management techniques that are available in the technology tools you use every day: Outlook, Adobe and Excel. This practical, easy to understand, and cost-effective course is a must-have to prepare for the upcoming busy season.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Nov. 18 Level of knowledge: Beginning CPE credit: 8 hours Developed by: CPA Crossings

NEW! Excel Bootcamp: Everything You Need to Know to Build Great Spreadsheets (EXBOOT)

Dec. 19 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Bryan Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings According to Professor Raymond R. Panko at the University of Hawaii, “there has long been ample evidence that errors in spreadsheets are pandemic.” Most of these errors are caused by poor spreadsheet design and a lack of knowledge of Excel’s vast array of features and functions. This is because most spreadsheet users learn how to push the buttons instead of learning proper design techniques. This course focuses on developing the attendees skills related to designing spreadsheets more efficiently and with greater accuracy. We will concentrate on features and functions that all CPAs should know and implement in their spreadsheets.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Nov. 19 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: CPA Crossings

NEW! Productivity Tools Symposium: Outlook, Adobe, Word & OneNote (TOOLS) Feb. 16 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Bryan Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings This comprehensive, fast-paced course will be presented in a series of distinct and dynamic

learning modules to review and demonstrate the most useful features of each of these powerful applications to improve your personal productivity.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Jan. 16 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: CPA Crossings

NEW! Windows 8 & Microsoft Office Symposium (WIN82) Feb. 17 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

Stoney Creek Inn, Onalaska Bryan Smith, CPA, CITP, CISA, Co-Owner, CPA Crossings This course is designed to be a dynamic day full of learning modules that cover all of the bases of Windows 8 and the new Microsoft Office strategy, which includes the new Office 365 offering and working with Office documents on your iPad. You will leave this event with a solid understanding of what your strategy should be as it relates to the newest generation of Microsoft offerings.

Fee: $399 member/$449 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid

by Jan. 17 Level of knowledge: Intermediate CPE credit: 8 hours Developed by: CPA Crossings

Advanced Excel (ADE2) April 21 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha Brian Tankersley, CPA, CITP, CGMA, Director of Strategic Relationships, K2 Enterprises

[

seminars | www.wicpa.org/register ]

Information Technology instructor, you will be ready to use PivotTables to accomplish data analysis and reporting.

This seminar begins with basic PivotTables and progresses throughout the day to advanced PivotTable topics.

Specific topics include how to build basic PivotTables, grouping and ungrouping data, creating calculated items and fields, and drilling down to underlying details.

Learn how to build PivotTables consolidated from multiple data ranges and PivotTables dynamically linked to external databases and financial accounting

PivotTables are the most powerful feature of Excel, yet few accountants use them in their day-to-day activities. For some, PivotTables are too intimidating; for others, PivotTables are a foreign concept.

With a little information, guidance, and demonstration from the

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by March 22 Level of knowledge: Advanced CPE credit: 8 hours Developed by: K2 Enterprises

Registering early for a WICPA conference or seminar not only saves you money. It also helps you plan ahead and better prepare to be out of the

Excel PivotTables for Accountants (EPT)

Brian Tankersley, CPA, CITP, CGMA, Director of Strategic Relationships, K2 Enterprises

Course participants have access to all sample data files used in this course, along with supplementary video segments designed to reinforce key learning objectives.

Our early birds get more than just a worm.

Fee: $389 member/$439 nonmember $20 additional for hard copy materials $40 early bird discount if registered and paid by March 21 Level of knowledge: Advanced CPE credit: 8 hours Developed by: K2 Enterprises

April 22 | Registration 8 a.m.

Program 8:30 a.m. – 4 p.m.

WICPA Professional Development Center, Waukesha

systems in this seminar. Learn how to take advantage of advanced features available in PivotTables, including Slicers and PowerPivot.

office. That means you can focus on the topics and See specific event registration for details, or call and ask for the WICPA CPE Department at

800-772-6939.

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

Save up to

40

$

when you register by the early bird deadline for WICPA conferences and seminars.

What’s more, every registrant from your company receives the discounted early bird rate.

65 The Bottom Line | J u n e 2 0 1 4

Although many accountants consider themselves experts in using Excel, most accountants are self-taught and do not use Excel to its full potential. This course takes experienced, self-taught users to the next level. It provides real world examples developed by accountants for accountants in the following six major topic areas: collaboration and workbook security; using tables to analyze and report data; integrating and manipulating data from external sources; creating and auditing complex formulas; advanced data analysis with subtotals, filters, and PivotTables; and using charts to analyze and communicate information. Its content is based on more than 20 years of experience in delivering Excel training to accountants and on feedback from thousands of accounting and financial professionals just like you.

If you use Excel extensively, you need this course! Participants will have access to sample data files.

Ready for your next move?

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

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

Post your resume for FREE!

wicpa.org/ CareerCenter

The WICPA Career Center offers: Free online job search: All job-seeker functions are available at no charge.

Confidential resume posting: Make your resume available to employers, and release your contact information only when you are ready.

Job search agent: Create a password-protected account and receive automatic email notification of new jobs that match your search criteria.

Saved jobs capability: Save up to 100 jobs to a folder in your account so you come back to apply when you are ready.

WICPA Career Center makes finding the perfect job easy.

Post your resume today!

WICPA Career C

E

N

T

E

R

An easier way to find a job.

A better way to fill a position.

To find a job or fill a position, visit wicpa.org/CareerCenter today.

We’re Moving We’re Moving ….but not too far! ….but not too far!

67 The Bottom Line | J u n e 2 0 1 4

This to aa new new ThisAugust, August, the the WICPA WICPA will will relocate relocate to office location. Be Be officespace space just just west west of of its its current current location. sure our new new address! address! sureto toupdate update your your records records with with our You’ll Building You’llfind findus us in in the the Ruekert-Mielke Ruekert-Mielke Building W233N2080 Parkway, Suite Suite201 201 W233N2080 Ridgeview Ridgeview Parkway, Waukesha, www.wicpa.org Waukesha, WI WI 53188 ∙ www.wicpa.org

CPE FAQs Q. What qualifies toward my CPE credit hours?

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

Q. What information or proof do I need to submit?

68 The Bottom Line | J u n e 2 0 1 4

Q. Is there any advantage to registering early?

Q. What happens if the WICPA cancels a program?

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

A. If a program is canceled fewer than 14 days prior to the presentation date, you will be notified directly by email and will receive a follow-up notification by phone. Full refunds will be granted. If course materials were sent in advance, you must return them to the WICPA to receive a refund.

Your early registration can help us avoid canceling a program. NOTE: The WICPA is not responsible for any personal expenses incurred if a course is canceled.

Q. How does the early bird discount work?

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

Q. Do I receive other benefits on registration fees as a WICPA member?

A. Yes! WICPA members receive a registration fee discount of up to $50, while nonmembers pay the standard registration fee.

Q. What happens if I have to cancel for some reason?

A. For a full refund, the WICPA CPE Department must receive a notification of cancellation or a request to transfer to a different program at least 14 days before the program presentation date. Cancellations or program transfer requests received less than 14 days prior to the presentation date will be subject to a cancellation fee of $100 per person, per eight-hour program and 50% of the fee of a one- to four-hour program. No refund or program transfer requests will be granted for cancellations on the day of, or subsequent to the day of, the program presentation. No refund or program transfer request will be granted if you have downloaded any electronic materials that have been provided for the program from which you are canceling.

Q. What are the CPE requirements for my WICPA membership?

A. Non-public accounting members have an annual requirement of 15 CPE hours. The WICPA recommends you obtain 30 CPE hours because there is also a three-year reporting requirement of 90 CPE hours.

Public accounting members have an annual requirement of 20 CPE hours. The WICPA recommends you obtain 40 CPE hours because there is also a three-year reporting requirement of 120 CPE hours.

Q. Is the reporting based on a calendar year?

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

Q. What are the reporting periods?

A. Each member follows the same three-year reporting period. The current three-year reporting cycle is 2014, 2015 and 2016.

Q. What if I join the WICPA in the middle of a reporting cycle?

A. There is no CPE requirement for the calendar year in which you join. New members must complete the continuing education requirement for each calendar year thereafter.

A. WICPA members are responsible for documenting their own CPE. They should retain evidence of satisfactory completion for a period of five years after the completion of the educational programs.

For each CPE program completed, members should be able to document the following: • Titles and descriptions of content.

• Date of each program.

• Location where each program occurred.

• Number of CPE credit hours.

Q. Do I have to submit this information every year?

A. Yes, WICPA members are selected at random for an audit of CPE membership requirements and will be notified to report their continuing education for the reporting cycle.

Q. How can I keep track of my CPE programs?

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

Q. What happens if I do not meet my requirements?

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

Do you have clients looking for a health plan AND a tax break?

Show your clients a healthy, financial option with a Health Savings Account (HSA).

Open enrollment period is still underway for Affordable Care Act health insurance plans. There’s time for your clients to sign up and take advantage of an HSA for tax year 2014. Advantages to HSAs include: • Tax-deductible — Contributions to the HSA are 100% deductible (up to the legal limit) — just like an IRA. • Tax-free — Withdrawals to pay qualified medical expenses, including dental and vision, are never taxed.

• Tax-deferred — Interest earnings accumulate tax-deferred, and if used to pay qualified medical expenses, are tax-free.

• HSA money is the clients’ to keep — Unlike a flexible spending account (FSA), unused money in the HSA isn’t forfeited at the end of the year; it continues to grow tax-deferred.

If you or your clients might benefit from an HSA, act today.

Open enrollment period ends on March 31.

For a No-Obligation Price Quote, have your clients visit

www.UnitedHealthOne.com/CPA or call (800) 358-9728 For more resources about HSAs, visit www.HSACenter.com/CPA

(Special enrollment periods for qualifying events available throughout the year.)

UnitedHealthOneSM is the brand for personal health and related insurance products underwritten by Golden Rule Insurance Company and UnitedHealthcare Life Insurance Company.

These health plans from UnitedHealthcare Life Insurance Company are guaranteed issue during Open and Special Enrollment periods only. Product availability varies by state. © 2014 United HealthCare Services, Inc. 42878a-UL-0214

The continuing professional education magazine for Wisconsin CPAs.

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

Voit & Hamilton, LLC SEC Registered Investment Advisory Firm

Voit & Hamilton, LLC is a private investment management firm that develops well-constructed, balanced client portfolios. Portfolios are constructed by selecting individual stocks and fixed income holdings with disciplined management of portfolios to control risk and meet client objectives.

Voit & Hamilton, LLC is an adviser to Voit Fund GP, LLC that offers the following private funds:      

Voit Conservative Income & Growth Fund LP Voit Growth & Income Fund LP Voit Large Cap Equity Fund LP Voit Core Equity Fund LP Voit 50/50 Balanced Alternative Fund LP Voit Aggressive Equity Fund LP

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(Private funds are available to accredited investors only) We believe our low cost, tax sensitive, attentive portfolio management is highly valued by the CPAs who recommend our firm.

Please call to request an informational packet or to speak to our portfolio manager, Todd Voit. Referrals are welcomed.

CPE CLASSES AVAILABLE ON-SITE AT YOUR LOCATION