rules dating journalist - Liquidating distribution on 1099

2014-09 -- Revenue from Contracts with Customers *The Financial Accounting Standards Board (FASB) new five-step revenue recognition model *Presentation and disclosure requirements *Recent ASUs that provide implementation guidance *Industry-specific implementation issues and guidance *Identifying performance obligations *Accounting for licenses *Customer loyalty programs *Identifying a "material right" in an option *Impact on income taxes and financial systems *Other operational issues* Performing single audits under the OMB's new Uniform Guidance for Federal Awards * Developing issues and challenges involving the Yellow Book * Key AICPA developments affecting audits of governments and nonprofits * Recent GASB activities directed towards state and local governments with an emphasis on the new OPEB standards (i.e., GASB Nos.74 and 75) and continuing issues related to the pension standards (i.e., GASB Nos.1202 -- qualified small business stock *Proposed revenue raisers *Choice of entity considerations*Financial statement frauds -- corruption conspiracies of sales and other types of revenue, estimates, journal entries and other accounts *Misappropriation of asset frauds -- skimming, larceny and embezzlement involving inventory, payables and other accounts *Ponzi and asset flip schemes *Fraud trends *Risk factors and red flags for common fraud schemes *Cost-effective controls for small and large businesses and not-for-profit entities *Risk factors in accordance with the revised authoritative guidance on fraud*This program identifies strategic implementations regarding the relationship between intention, purpose and closure to the workday and their effect on transforming a workplace environment *Positive continuous improvement is increased when implementation of employee engagement techniques are in direct alignment with the organizations core values, mission and/or vision statement *This session is content rich, interactive and fun *Attendees will learn the strategies to assist them in creating an organization people want to work at and customers want to do business with*Federal tax developments and tax reform updates, including the impact of the new Tax Cuts and Jobs Act on individuals and businesses *What you should do if tax rate cuts are imminent *Smart strategies related to built-in gains tax savings, the back-door Roth technique, business meal deductions, small-employer health reimbursement account relief, self-employment taxes, the upcoming partnership audit regime and much more *How to protect against IRS attacks on passive losses, hobby losses and other deductions *Review of IRS pronouncements, treasury regulations and court cases *New tax planning opportunities for individuals and businesses arising from recent tax legislation *Practical planning tips and illustrations based on a practitioner's real-world examples *Important estate and gift, tax-exempt, payroll tax and other federal developments *Opportunities to implement defensive strategies against IRS positions*Four perspectives of the balanced scorecard -- financial, customer, business process and learning and growth *Business process improvement strategies and steps *Tips to reduce costs, maximize productivity and minimize waste and re-work *Customer service -- internal vs.

liquidating distribution on 1099-44

*The legal world of 401ks, the Pension Protection Act, and the new DOL rules for fiduciaries. *Dollar creation by the FED, and risks to the Dollar today.

*Investing in securities, including symptoms of Bull and Bear markets, investing for income, Daniel Amerman's "Flaws in Conventional Financial Planning," Closed end mutual funds and ETFs. *Future problems & issues as seen by Jim Willie *The compelling need for gold and silver in a portfolio today.

*Enterprise Risk Management (ERM): *Defining ERM *Areas of focus *Implementation *Planning for disasters *Business continuity *Contingencies *Analytical Tools: *Post-completion evaluations *Simulation *Z-score *Hedging *Brainstorming *Mind mapping *Delphi technique*Private company standard setting activities *Recently issued FASB Accounting Standards Updates * Revenue recognition * Leases *Other items on the FASB's Technical Agenda *Recent SEC activity *Recently issued SASs, AICPA and PCAOB activity *SSARS No.

18 and other attestation matters *Other important A&A practice matters*Update on proposed and potential tax law changes from the new presidential administration and Congress *Update on major enacted tax law changes, including the status of DOL overtime rule changes, the new partnership audit rules, the PATH Act, Social Security and more *Advanced practitioner issues *Health care reform: where are we and where may we be going?

*Conclusion and retirement bibliography* An overview of the real estate industry in today's economy * GAAP compliance involving the purchase and development of real estate * GAAP compliance involving the operation of real estate * GAAP compliance involving various revenue recognition issues associated with real estate under today's Standards * An overview of the new FASB dealing with leases with an emphasis on its impact on the real estate industry * GAAP compliance involving various revenue recognition issues associated with real estate under the new Revenue Recognition Standards * GAAP issues involving recognition of impairment losses * Financial Statement preparation issues for real estate entities * Key issues involving a review of a real estate entity under today's SSARS * Key issues involving an audit of a real estate entity under today's GAAS * Computation of tax basis * Definition of Section 1231 property * Understanding the difference and recognizing gain under Sections 12 * Understanding the passive activity rules* Performing single audits under the OMB's new Uniform Guidance for Federal Awards * Developing issues and challenges involving the Yellow Book * Key AICPA developments affecting audits of governmental entities * Recent GASB activities directed towards state and local governments with an emphasis on the new OPEB standards (i.e. 74 and 75) and continuing issues related to the pension standards (i.e., GASB Nos.

Last modified 17-Oct-2019 15:21