Image: 2014 MEGA CPE Conference

Prepare for Mega Learning

Below, you will find 32 hours of live CPE that cover a wide range of subjects and all of the required credit types. Start your Mega CPE package with 8 hours, then customize your learning experience by adding 4-hour blocks to create the agenda that makes sense for you.

Young CPAs have an all-new choice to discover the path to leadership. Accel – Florida’s Young CPA Leadership Conference – was designed to meet your unique needs. Learn more below. 

Wednesday, June 11, 2014

 

Regstration & Continental Breakfast
6:30am-8:00am

Introduction to MEGA Conference A&A Topics! (1 AA)
7:00am-7:50am
Bruce A. Nunnally, CPA, CGMA
Partner/Carr, Riggs & Ingram, LLC
Miramar Beach

This session will be a fast paced introduction to A&A topics available at this year's MEGA Conference. Get a summary of recent A&A activity of the FASB, ASB, ARSC and other standard setting bodies, and information on specific sessions during the conference where these topics will be expanded.

Introduction & Opening Remarks
8:00am-8:15am

Wednesday Concurrent Breakouts (select one)

 

8:15am-9:05am

Breakout 1: State of the States - Economic Outlook (CFP) (CLE) (1 TB)
Harley T. Duncan
Managing Director/KPMG LLP
Washington, DC

This session will provide an overview of state fiscal conditions and recent legislative trends in state and local taxation as well as several long-term issues facing the states. It will also provide an overview of federal legislation affecting state taxation.

Breakout 2: DOL Update (Part 1) (1 AA)
Michael E. Auerbach, CPA
Chief, Division of Accounting Services/US Department of Labor
Washington, DC

This session is designed for the over 700 Florida CPAs performing employee benefit plan audits. Learn about current regulatory and enforcement developments at the Department of Labor. This interactive session, where participants are encouraged to ask questions, will provide an update on the EBSA’s audit quality inspection program (including EBSA’s ongoing audit quality study) and what distinguishes work that is considered to be “best practice,” reporting compliance activities and EFAST2. Mr. Auerbach will describe the pitfalls that most often plague benefit plan audits and result in the rejection of Form 5500 filings.

Breakout 3: Assembling a Multidisciplinary Team for Business Succession Planning (1 TB)
Peter J. Merrick, BA, FMA, CFP, TEP, FCSI
Exit Planning Consultant
MerrickWealth.com
Toronto, Ontario

The principal theme of this session is that developing a successful exit and estate plan is like assembling a complicated puzzle. Each part must fit with the others in order for the final image to take shape. Given the detailed knowledge of estate planning, business law, mergers and acquisitions, tax law, insurance products, financial planning, and wealth management required during the exit planning process. The objective of this session is to learn what components are needed to develop and manage a multidisciplinary team to adequately represent your client.

Wednesday Concurrent Breakouts (select one)

 

9:10am-10:00am

Breakout 4: Multi-State Tax Update (Part 1) (CFP) (CLE) (1 TB)
Marilyn A. Wethekam, Esq.
Partner/Horwood Marcus & Berk
Chicago
and
Jordan M. Goodman, Esq., CPA
Partner/Horwood Marcus & Berk
Chicago

This presentation will cover the recent happenings in state and local Tax. We will look at the latest (and maybe not so greatest) issues in nexus, business and non-business income and apportionment issues. We will discuss current litigation on a national basis with updates in the area of nexus, unitary filings, treatment of partnerships and LLCs, business purpose and economic substance, business income, apportionment issues and base exemption issues for sales tax. We will also look at some more obscure areas in SALT like Qui Tam cases and Unclaimed Property. and of course, we will address any other topics that you wish to discuss.

Breakout 5: DOL Update (Part 2) (CFP) (CLE) (1 AA)
Michael E. Auerbach, CPA
Chief, Division of Accounting Services/US Department of Labor
Washington, DC

This session is designed for the over 700 Florida CPAs performing employee benefit plan audits. Learn about current regulatory and enforcement developments at the Department of Labor. This interactive session, where participants are encouraged to ask questions, will provide an update on the EBSA’s audit quality inspection program (including EBSA’s ongoing audit quality study) and what distinguishes work that is considered to be “best practice,” reporting compliance activities and EFAST2. Mr. Auerbach will describe the pitfalls that most often plague benefit plan audits and result in the rejection of Form 5500 filings.

Breakout 6: Planning for Your First Peer Review - Is There Any Quality in My Quality Control Document? (1 AA)
Paul N. Brown, CPA, CGMA
Director of Technical Services/Florida Institute of CPAs
Tallahassee

This session will outline the requirements of the Statement on Quality Control Standards (SQCS) and how those requirements affect your peer review. We will also look at some of the common elements of a firm's Quality Control Document (QCD) including some of the common mistakes firms make in adopting their QCD. We will also review some of the best practices in adopting a QCD for your particular firm.

Wednesday Concurrent Breakouts (select one)

 

10:15am-11:05am

Breakout 7: Multi-State Tax Update (Part 2) (1 TB)
Jordan M. Goodman, Esq., CPA
Partner/Horwood Marcus & Berk
Chicago
and
Marilyn A. Wethekam, Esq.
Partner/Horwood Marcus & Berk
Chicago

This presentation will cover the recent happenings in state and local Tax. We will look at the latest (and maybe not so greatest) issues in nexus, business and non-business income and apportionment issues. We will discuss current litigation on a national basis with updates in the area of nexus, unitary filings, treatment of partnerships and LLCs, business purpose and economic substance, business income, apportionment issues and base exemption issues for sales tax. We will also look at some more obscure areas in SALT like Qui Tam cases and Unclaimed Property. and of course, we will address any other topics that you wish to discuss.

Breakout 8: Ensuring Adequate Financial Statement Disclosures (1 AA)
Randy Dummer, CPA
Partner/Henderson Hutcherson & McCullough, PA
Chattanooga

This session will cover the financial statement disclosures that are required for employee benefit plans. It will include coverage of U.S. GAAP required disclosures, including fair value measurement under ASC 820. We will also discuss those disclosures required by ERISA for defined contribution plans, defined benefit plans, ESOPs and health & welfare plans.

Breakout 9: CIRA Update (1 AA)
Cecil Patterson Jr., CPA, MBA
CPA/Patterson CPA Group, Inc.
Ponte Vedra Beach

Do you need a quick review of the most difficult and frequently found accounting and auditing issues in Common Interest Realty Associations (CIRAs)? This program reviews new FASB pronouncements, Audit issues, and new SSARS requirements for SSARS 19 engagement letters, reporting, reserve and turnover situations for residential and commercial condominium associations (condos) and homeowners' associations and covers new Florida statutes for Homeowners' Associations (HOAs). Issues include bad debts and budgeting in a recession period. This course also discusses the status of the CIRA Guide and what is authoritative GAAP.

Wednesday Concurrent Breakouts (select one)

 

11:10am-12:00pm

Breakout 10: Sales Tax Record Keeping - Minimizing Audit Risk (CLE) (1 TB)
Wendy Forrest, MBA
Sr. Manager, State and Local Tax/Office Depot, Inc
Boca Raton
and
Kimberly Burkey, CPA, CMI
Senior Manager/Crowe Horwath LLP
Atlanta

In this session we will discuss the audit process, the importance of recordkeeping, prior audit review and due diligence when facing an audit, and understanding the responsibilities of both the company and the auditor related to the scope of the audit. The speakers will also provide perspectives on the importance of recordkeeping and minimizing audit risk from an industry and public accounting perspective.

Breakout 11: FinREC Recommended Financial Statement Presentation and Disclosures and Specific Auditing Procedures for Participant Loans and Allocations (1 AA)
Marilee P. Lau, CPA
EBP Consultant Retired Partner/KPMG LLP
San Francisco

This session will include plan specific financial statement presentation and disclosures where there are divergences in practice, and recommendations by FinREC that are included in the AICPA EBP Guide. The presentation will include best practices and commonly omitted disclosures, as well as examples. Additionally there will be a discussion on auditing participant loans and allocations.

Breakout 12: Analytical Procedures Including How to Develop and Document Expectations in a Review Engagement (Repeat at B31) (1 AA)
Michael Brand, CPA, CGMA
Partner/Johnson, Feigley, Newton & Brand LLP
Athens

The use of analytical procedures in a review differs from their use in an audit. The results of analytical procedures represent review evidence that the accountant obtains to support the review report. We'll look at how to prepare and document.

Lunch Presentation - Fraud Awareness Training (1 AA)
12:20pm-1:10pm
Ron J. Schwartz, CPA
Partner/Deloitte Financial Advisory Services
Atlanta

This presentation explores the definition of fraud, different types of fraud schemes, common ref flags and thoughts on how to both look for anomalies and enhance fraud controls. The presentation also provides examples of bribes, kickbacks and conflicts of interest through discussion of high risk fraud schemes such as procurement fraud.

Wednesday Concurrent Breakouts (select one)

 

1:20pm-2:10pm

Breakout 13: Commercial Rental Tax and CST in the Hotel Industry (CLE) (1 TB)
Joseph C. Moffa, Esq., CPA
Shareholder/Moffa, Gainor & Sutton, PA
Ft Lauderdale
and
Karen A. Lake, CPA
Associate Director/Berkowitz Pollack Brant Advisors and Accountants, LLP
Miami

A review of the Florida Commercial Rental Tax and CST tax in the Hotel Industry including common pitfalls such as:
(1) Intercompany Rent (2)Tenant Improvements

Breakout 14: Best Practices for Working with Service Providers (TPAs) (1 TB)
Linh Lu Le
Compliance Advisor-Team Lead/Principal Financial Group
Des Moines
and
Thomas Santa Barbara, QPFC
President/Berman Hopkins Retirement Solutions
Melbourne

This session will include a panel discussion with representatives of leading service providers on what you can expect to receive, what you need to ask for, what information is available in paperless and electronic environment, where/when to request information. What type of Service Organization Controls (SOC) report is available and timing of the report.

Breakout 15: Navigating Your Way Through the Clarified SSARS Exposure Draft (Repeat at B27) (1 AA)
Michael Brand, CPA, CGMA
Partner/Johnson, Feigley, Newton & Brand LLP
Athens

The Accounting and Review Services Committee of the AICPA has exposed for public comment, clarified review, compilation, preparation and association standards. The proposed standards could significantly change the way firms perform and or prepare, and report on these financial statements.

Wednesday Concurrent Breakouts (select one)

 

2:25pm-3:15pm

Breakout 16: Federal Legislation Impacting States - Marketplace Fairness Act - Click Thru Nexus (CLE) (1 TB)
Rex D. Ware, Esq
Shareholder & Govt Contracts Leader/Fowler White Boggs PA
Tallahassee
and
James H. Sutton Jr, CPA,Esq.,LLM (TAX)
Shareholder/Moffa, Gainor, & Sutton, PA
Tampa

A one hour presentation on pending Federal legislation effecting state tax nexus, specifically the Marketplace Fairness Act and Click-through Nexus statutes.

Breakout 17: Audit Risk and Efficiencies in an Employee Benefit Plan Audit (1 AA)
Maria E. Morales
Principal/CliftonLarsonAllen
Tampa

Learning Objectives:At the end of this learning session, you will be able to:- Understand common audit deficiencies and how to avoid them- Provide suggestions to improve the audit process- Increase audit quality and overall efficiency

Breakout 18: Is My Cloud Raining? (1 TB)
Linda R. Forde, CPA
Client Service Department Manager
JamisonMoneyFarmer PC

Integrated cloud technology solutions are providing accounting firms and their clients with opportunities to collaborate in real-time, from anywhere, and with dramatic increases in efficiencies in a number of areas.  The advantages of making the move are seemingly endless.  At the same time it is imperative that firms are implementing the policies, procedures and overall best practices to ensure that firm and client data is kept secure, that the solutions are being used completely and correctly, and that overall compliance with labor laws and other regulations is being monitored. 
Just a few of the points we will discuss during this session include:

  • Security of each technology solution used alone and when integrated with other solutions
  • Staff and technology management in cases where some or all staff telecommute 
  • Bring Your Own Device (BYOD) policies and procedures
  • Compliance with labor law requirements when employees check email or complete other tasks beyond the 40 hour work week
  • Creating the right cloud technology “ecosystem” to meet the varied needs of the firm and for clients

Wednesday Concurrent Breakouts (select one)

 

3:20pm-4:10pm

Breakout 19: Legislative Issues and Technical Issues Update (CLE) (1 TB)
Vincent C. Aldridge
Director, Legislative Affairs for DOR/Florida Department of Revenue
Tallahassee
and
Mark Zych
Director, Technical Assistance and Dispute Resolution /Florida Department of Revenue
Tallahassee

The first part of the session will provide a brief overview of legislation passed during the 2014 Legislative Session that modified or changed an area of state and local taxation. The second part of the session will touch on areas of taxation that are current hot topics within Technical Assistance and Dispute Resolution.

Breakout 20: Performing Effective Work Paper Reviews-Avoiding the Common Pitfalls (1 AA)
Ian E. Shapiro, CPA
Partner/BDO USA, LLP
Miami

This session will focus on key items an auditor should be on the lookout for when reviewing employee benefit plan work papers.

Breakout 21: SBA Loans - Dealing With Banks (1 TB)
Elizabeth Hallock
Regional SBA Sales Manager/TD Bank
Jacksonville

The purpose of this session is to review the various types of SBA loans, their current terms, conditions, and uses, and how they are underwritten. We will cover the underwriting process and what the Bank will expect from you, and what you should expect from the bank. We will also discuss the process and time frame required to complete the loan processing from application to closing, and how that varies depending on the bank's standing with the SBA.

MEGA Welcome Reception
4:10pm-6:00pm

Thursday, June 12, 2014

 

Registration & Continental Breakfast
6:30am-8:00am

Branding Your Practice as a Tech-Savvy Firm (1 TB)
7:00am-7:50am
Louie Calvin
Product Manager / Thomson Reuters
Dexter, MI

The tax and accounting profession is currently in the midst of technological upheaval, undergoing a number of paradigm shifts. Many clients have come to expect technology which as little as two years ago was only found in the most progressive, early adopting firms. As a result, there is significant opportunity for any firm to brand and position itself as savvy. Firms should embrace this new business model, adopt the technology which drives it, and pare down to a leaner tax workflow. Opportunities abound to both increase profit margins on existing client engagements, as well as offer new, more profitable advisory services alongside tax preparation – value-added offerings which can differentiate your firm in its market. Join us for an overview of the shift to updated technology, including a focus on mobile technology and devices, and the related strategies which you can start putting to work for your current clients today – and future clients tomorrow.

Opening Remarks and Awards
8:00am-8:15am

Opening Session/Keynote - Professional Issues Update - Including How Technology Affects the Future of Learning for CPAs (1 TB)
8:15am-9:05am
Tom Hood, CPA, CITP, CGMA
CEO, MACPA & BLI/Maryland Association of CPAs Executive Director
Towson, MD

Are you ready for the shift change in accounting? Tom will cover the five fundamental shifts facing accounting now – Leadership, Learning, Technology, Generations, and Workplace and drill down into learning and technology changes. In a world of rapid change and increasing complexity, the winners will be those individuals and organizations who can keep their L>C2 (squared), their rate of learning must be greater than the rate of change and greater than their competition. The challenge is how do you get the right talent with the right skills at the right time? Tom will cover the 4 C’s of learning and technology and how they work to support agile or just-in-time learning in the CPA and accounting profession.

Thursday Concurrent Breakouts (select one)

 

9:30-10:20am

Breakout 22: Not-for-Profit Update (1 AA)
Dawn Olivardia, CPA
Tax Partner/Grant Thornton LLP
Orlando

In this session we will discuss various tax updates for tax exempt organizations including new regulations, IRS work plan, IRS study results, tax reform and changes to Form 990.

Breakout 23: What do you Mean our Benefit Plan is Being Audited…What Every Employer Should Know (1 TB)
Lisa R. Carrasco, JD, LLM
Counsel / Smith, Gambrell & Russell, LLP / Jacksonville

Presentation will include a discussion of how to handle retirement plan audits by federal agencies such as the Internal Revenue Service and the Department of Labor, as well as a summary of common retirement plan errors and how they can be corrected prior to an audit.

Breakout 24: FASB Update (1 AA)
Michael Cheng, CPA
Project Manager/Financial Accounting Standards Board
Norwalk

In this session, a FASB representative will provide an update on key ongoing projects of the FASB. In addition, the update will focus on private company standards setting and recent activities of the Private Company Council.

Breakout 25: State Tax Audit Procedures from Audits to Appeals (CLE) (1 TB)
Glenn A. Bedonie, CPA, CFST
Owner/Glenn A. Bedonie, CPA, P.A.
Tallahassee
and
James H. Sutton Jr, CPA,Esq.,LLM (TAX)
Shareholder/Moffa, Gainor, & Sutton, PA
Tampa

A one hour presentation on current issues dealing with Florida tax audits and how to resolve the audit issues during the audit or during post-audit appeals. The presentation will also address the current target focus areas of the Florida Department of Revenue.

Thursday Concurrent Breakouts (select one)

 

10:30am-11:20am

Breakout 26: Yellow Book Update (1 AA)
William Blend, CPA, CFE
Shareholder / Moore Stephens Lovelace, PA
Winter Park

This session will cover highlights of the yellow book including any recent updates.  In addition, the session will have a high level overview of the recently issued single audit requirements and the related impact on performing a yellow book audit.

Breakout 27: Navigating Your Way Through the Clarified SSARS Exposure Draft (Repeat of B15) (1 AA)
Michael Brand, CPA, CGMA
Partner/Johnson, Feigley, Newton & Brand LLP
Athens

The Accounting and Review Services Committee of the AICPA has exposed for public comment, clarified review, compilation, preparation and association standards. The proposed standards could significantly change the way firms perform and or prepare, and report on these financial statements.

Breakout 28: Effective Use of LLCs (1 TB)
Mark E. Brechbill, CPA
Managing Director/Mark Brechbill, PLLC
Stuart

This session assumes a basic understanding of the tax and legal aspects of an LLC. It is designed to explore some of the more exotic uses for LLCs that can help your clients and businesses protect themselves from "piercing" and "reverse piercing" of the corporate veil; income and estate taxes; and help them effectively transition their businesses to the next generation. The primary focus is on family or generational businesses, but we will also discuss some of the changes to LLCs as a result of the new LLC statutes that take effect January 1, 2014 and 2015.

Breakout 29: General Tax Administration Operational Update (CLE) (1 TB)
Lynn McElroy, Revenue Program Administrator
and
Rich Unen, Senior Tax Audit Administrator
and
Belinda Watson, Senior Tax Audit Administrator

Department officials will share current issues, opportunities most often overlooked, and other items of concern for Florida taxpayers.

11:45am-12:35pm

Lunch Presentation – Graying: Demographics Of Aging (1 BE)
Peter J. Merrick, BA, FMA, CFP, TEP, FCSI
Exit Planning Consultant
MerrickWealth.com
Toronto, Ontario

Look around America is Aging. Since the 1970s people are having too few babies. Population growth has been slowing for two generations. The world’s population will peak, and then begin shrinking, within the next fifty years. What does this mean for America? This session is aimed at asking the key questions: If America wants to continue to lead the world, what demographic realities must be addressed in the near future? How can you structure your practice to meet the needs of today’s and tomorrow’s clients to be profitable?

Thursday Concurrent Breakouts (select one)

 

1:00pm-1:50pm

Breakout 30: GASB Update (Part 1) (1 AA)
Lisa R. Parker, CPA
Project Manager/Governmental Accounting Standards Board
Norwalk

This session will give an overview of the GASB pronouncements that become effective in the coming fiscal years. The session also will explain some of the projects on GASB's current technical agenda and research agenda.

Breakout 31: Analytical Procedures Including How to Develop and Document Expectations in a Review Engagement (Repeat of B12) (1 AA)
Michael Brand, CPA, CGMA
Partner/Johnson, Feigley, Newton & Brand LLP
Athens

The use of analytical procedures in a review differs from their use in an audit. The results of analytical procedures represent review evidence that the accountant obtains to support the review report. We'll look at how to prepare and document.

Breakout 32: CFO Update (Part 1) (1 TB)
William L. Maloney, CPA
President/Bill Maloney Consulting
St Petersburg

This session will review current topics for CFOs. We will review current economic and banking climate, discuss current management hot topics, touch on the latest planning budgeting dashboards and strategy formulation.

Breakout 33: Litigation Issues in Controversy - A Different Perspective (CLE) (1 TB)
James M. Ervin Jr, Esq (Moderator)
Partner/Holland & Knight, LLP
Tallahassee
and
George C. Hamm
Deputy General Counsel/Florida Department of Revenue
Tallahassee
and
Mark E. Holcomb, Esq
Partner/Madsen, Goldman & Holcomb LLP
Tallahassee

An interactive discussion from the Department’s and tax practitioner’s perspectives of tax cases currently pending in Florida courts and the Division of Administrative Hearings, including the potential implications of these cases for other taxpayers and the Department’s administration of the tax laws.

Thursday Concurrent Breakouts (select one)

 

2:00-2:50pm

Breakout 34: GASB Update (Part 2) (1 AA)
Lisa R. Parker, CPA
Project Manager/Governmental Accounting Standards Board
Norwalk

This session will give an overview of the GASB pronouncements that become effective in the coming fiscal years. The session also will explain some of the projects on GASB's current technical agenda and research agenda.

Breakout 35: SOC Reporting (1 AA)
Scott G. Price, CIA,CISA,CPA
Managing Director/A-lign
Tampa

Making sense of SOC 1, SOC 2 and SOC 3, when to ask for each report and how to use the reports.

Breakout 36: CFO Update (Part 2) (1 TB)
William L. Maloney, CPA
President/Bill Maloney Consulting
St Petersburg

This session will review current topics for CFO's. We will review current economic and banking climate, discuss current management hot topics, touch on the latest planning budgeting dashboards and strategy formulation.

Breakout 37: Pass Through Entities - Traps for the Unwary (CLE) (1 TB)
Kenneth M. Rios, J.D.
Senior Manager, State and Local Tax/Crowe Horwath LLP
Ft Lauderdale

A multistate overview of income tax issues specific to pass-through entities - this course will go over the withholding tax rules that states may impose on Florida pass-through entities that do business outside the states and ways to comply with such rules and alternative filing methods for members/partners of such pass-through entities (i.e., composite return filings). In addition a brief overview of the impact of such rules to multi-tiered partnerships will be discussed as well as other current issues.

Emerging Issues in Federal Tax (CFP) (2 TB)
3:20pm-5:00pm
Albert L. Grasso
Of Counsel/Chuhak & Tecson, P.C.
Chicago

Will 2014 be the year for the most comprehensive tax reform since 1986? The status of Congressional reform efforts will be discussed, including the fate of the extenders. Judicial and administrative decisions will be highlighted as well, including planning opportunities.

MEGA Vendor Reception
5:00pm-6:30pm

Friday, June 13, 2014

 

Registration & Continental Breakfast
6:30am-8:00am

SSARS Update (1 AA)
7:00am-7:50am
Cecil Patterson Jr., CPA,MBA
CPA/Patterson CPA Group, Inc.
Ponte Vedra Beach

Learn about the proposed Exposure Draft for SSARS which will change the way Compilations will be viewed. SSARS will be segmented into Preparation of Financial Statements, Compilations, and Association with Financial Statements. There are new requirement for all of these engagements.

Opening Remarks and FICPA Women to Watch Awards
8:00am-8:15am

Opening Session/Keynote - Get Better Results: Improve Outcomes with The Result Triangle (1 BE)
8:15am-9:05am
Michelle Golden, CPF
Member, Growth Leader/Kennedy and Coe, LLC
Camarillo

Take your interactions to the next level. Learn about The Result Triangle-the tool that unlocks the secrets for inspiring, comforting, and energizing, so that you can achieve highly successful outcomes. Discover:

  • How to determine what your goals *really* are. Spoiler: it's not always what you first think.  
  • Ways to align business partners or teammates, reduce fear, and establish realistic expectations.  
  • Keys for setting up all your new initiatives for success, mitigating risks of failure.
  • Tips for increasing employee engagement and morale; inspire employees to do their very best work

Friday Concurrent Breakouts (select one)

 

9:45-10:35am

Breakout 38: Lessons from the Business World: SWOT and PEST(LE) Revisited (1 TB)
Morden S. Shapiro, B.Com., FCA, FCPA, CMC
Management Consultant/Morden S Shapiro & Associates, Inc
Thornhill, Ontario

In this session, Morden will explore the SWOT (Strengths, Weaknesses, Opportunities, Threats) and PESTLE (Political, Economic, Social, Technological, Legal, Environmental) tools which are widely used in the general business world. He will review how these tools are relevant in the management of an accounting practice as well as a personal lifeplanning tool for accountants.
Attendees will examine strategies for optimizing their efforts both professionally and personally. These time-tested tools have the power to enable an individual or a firm to transform their focus and improve their success rate.
Learn how to use these tools to take charge of your short and long run achievements.

Sample questions that will be addressed:

  • Are you aware of all of the factors which are having, or are likely to have an impact on your degree of success?
  • Are you able to direct your energies and focus on the most productive initiatives?
  • Do you track the factors that influence your accomplishments both professionally and personally?
  • Do you suffer from a victim mentality?

As a Practice Management Consultant, over the past 40 years, Morden has applied these tools in professional accounting firms of all sizes throughout Canada as well as in the general business world. He will share his experiences in this session.    

Breakout 39: Accounting Litigation Support:  Document Retention Strategies and Traps for the Unwary (1 TB)
Bradford D. Kimbro
Attorney/Holland & Knight, LLP
Tampa
and
Joseph H. Varner III
Attorney/Holland & Knight, LLP
Tampa

General overview of document retention issues, requirements, and strategies in the context of accounting litigation.

Breakout 40: Virtual Office - Home Sweet Home (1 TB)
Richard J. Morochove, FCPA, FCA, CA.IT
President/Founder/Morochove & Associates, Inc
Toronto, Ontario

Shows you how to work from your home office as seamlessly and as easily as from your business office. Learn how the latest cloud offerings, including telephone PBXs, keep you connected with clients, anywhere. Features an accountant's model home office.

Breakout 41: ASC 450 vs. 740 - What You Need to Know (CLE) (1 AA)
Kevin J. Herzberg, CPA, MBA
Partner in Charge, Tampa/Grant Thornton LLP
Tampa
and
Scott Batsch, CPA
Vice President of Corporate Tax
Lender Processing Services, Inc.
Jacksonville

This course will discuss the details of ASC 450 and compare and contrast the differences with ASC 740 and how they differ from IFRS. Furthermore, we will discuss what auditors expect to see in a company's respective analyses and lessons learned in the recent reporting cycles.

Friday Concurrent Breakouts (select one)

 

10:40am-11:30am

Breakout 42: CHANGE - Anticipating; Reacting; Planning; and Implementing (Barriers and Strategies) (1 TB)
Morden S. Shapiro, B.Com., FCA, FCPA, CMC
Management Consultant/Morden S Shapiro & Associates, Inc
Thornhill, Ontario

In 2014, all businesses, including professional practices, share one dominant characteristic: constant, ongoing, comprehensive CHANGE. The incidence of CHANGE has become a central, universal, predictable event. The timing and impacts of CHANGE continue to be generally indeterminate.

In this session, Morden will explore the nature of CHANGE in the business world today with a special focus on the world of professional accounting firms. He will review the impact, cost and potential rewards of managing CHANGE.

Many professionals have difficulty dealing with CHANGE both professionally and personally; Morden will examine a structured and powerful set of initiatives for dealing with this dynamic.

Anticipating – How can you best be prepared for the occurrence of CHANGE?
Reacting – What is the most productive way to react to CHANGE?
Planning – Is it possible to plan for CHANGE?
Implementing – How can you best implement strategies for managing CHANGE?
   Barriers – What are the barriers that get in the way of implementation?
   Strategies – How can you overcome these barriers?

As a Practice Management Consultant, over the past 40 years, Morden has guided many accounting firms and general businesses through a Change Management Program. He will share his experiences in this session.    

Breakout 43: Wrapping Up the FASB/IASB Convergence Projects (1 AA)
J E. Grossman, CPA, CMA, CFE, CGMA
Proprietor/J. Edward Grossman, CPA
Lakeland

The current status of the remaining FASB/IASB convergence projects will be discussed in this session. Revenue recognition, leasing, financial instruments, and insurance contracts have all generated controversy and disagreement. What are the prospects for convergence?

Breakout 44: Premium Financing – A Key Method to Fund Estate Taxes (CFP) (1 TB)
Peter J. Merrick, BA, FMA, CFP, TEP, FCSI
Exit Planning Consultant
MerrickWealth.com
Toronto, Ontario

Our wealthiest clients are often are cheapest and that is why they have money in the first place because they followed the oldest rule in the book, spend less than you make. So these clients that we are all familiar with don’t like to spend money unless it is absolutely essential.  As a key component to covering off on their taxes their estate plan should own a life insurance policy with the least amount of cost. Premium financed life insurance is a concept that is both simple and yet complex.  The idea of borrowing money to fund the premiums for a life insurance policy makes sense in many situations.  No matter how wealthy clients are, large life insurance premium payments can use assets that they would rather not have to liquidate.  Opportunity costs are not the only reason premium finance makes sense.  Clients can avoid forgoing life insurance or the appropriate amount of life insurance.”  In businesses, they can eliminate the strain of cash flow considerations and fund Buy/Sell and Key Man obligations. In this session learn the pros and cons of adopting this estate planning strategy.

Breakout 45: Income Tax Apportionment - Delivering Goods and Services in Non-Traditional Ways (CLE) (1 TB)
Mark R. Arrigo, CPA, MBA
SE Region SALT Practice Leader/Grant Thornton LLP
Tampa
and
Chris Oatis, CPA
SALT Director/Grant Thornton LLP
Orlando

This presentation will examine how changes in the ways that goods and services are being delivered impact the sourcing of the related revenues for state income tax purposes.

Lunch Presentation - Ten Common Mistakes Foreign Investors Make (1 TB)
11:50am-12:40pm
Bob Keats, CFP
Principal/Keats, Connelly and Associates, LLC
Boynton Beach
and
David H. Levine, CPA
Principal/Keats, Connelly and Associates, LLC
Boynton Beach

To provide the planning professional with strategies to assist their expatriate clients to exploit the opportunities and avoid potential pitfalls concerning US citizens living outside the US or foreign citizens in the US. Also, tax planning opportunities and pitfalls for US citizen expatriates and for the next patriots moving to the US or marrying US citizens will be covered. Estate and gift tax traps to avoid for multijurisdictional cross-border families and tax planning opportunities for immigration to the US will be discussion. Lastly, top 10 text mistakes for Americans living outside of United States, and, is renouncing US citizenship a solution for Expatriates?

Friday Concurrent Breakouts (select one)

 

1:00-1:50pm

Breakout 46: New COSO Framework (1 AA)
Jennifer Burns
Partner/Deloitte & Touche LLP
Washington

This presentation will feature a discussion of COSO's new Internal Control-Integrated Framework. We'll discuss the updated framework, including the more significant changes and the related impacts. We'll also discuss and share ideas and potential considerations for implementing the new framework.

Breakout 47: Cross-Border Tax Issues (CFP) (1 TB)
Bob Keats, CFP
Principal/Keats, Connelly and Associates, LLC
Boynton Beach
and
David H. Levine, CPA
Principal/Keats, Connelly and Associates, LLC
Boynton Beach

The presentation will make US consultants aware of some of the issues relating to Canadians in the US and how decisions made in the US can affect the taxpayers in Canada because of the differences in tax law between the countries. We will review the different ownership alternatives for Canadians purchasing property in the US and how each choice can affect their tax in Canada and we will also discuss the Estate tax issues on both sides of the border. We will review the FIRPTA regime on the sale of US real estate and look at examples of sales of US real estate by a Canadian resident and how the Canada-US Tax Treaty affects their US and Canadian tax filings. Finally, we will review some of the details of the Canada-US Tax treaty.

Breakout 48: Emerging Issues in A&A (1 AA)
J E. Grossman, CPA, CMA, CFE, CGMA
Proprietor/J. Edward Grossman, CPA
Lakeland

This session will focus on recent additions to the standard-setting agendas of the FASB, ASB, ARSC, and others. It will provide a heads-up to potential new hot topic issues that may significantly impact practitioners and their private and public company clients in coming years.

Breakout 49: The Changing Landscape of Tax Credits and Incentives (CLE) (1 TB)
Rose Burden,
Executive Director/Ernst & Young LLP
Atlanta
and
Christine Sullivan
Senior Manager/Ernst & Young LLP
Raleigh
and
Win Williamson, CPA
Senior Manager/Ernst & Young LLP
Tampa
and
Carter Wood
 Manager/Ernst & Young LLP
Atlanta

With the increasing focus on the pursuit of tax credits and incentives, this panel will discuss emerging trends and developments as well as best practices for capturing tax and economic incentives at all levels. Key topics will include: how governments are adapting incentives to better meet the needs of companies, monetization of tax incentives, recent legislative changes, and common pitfalls to avoid when claiming incentives and credits.

Friday Concurrent Breakouts (select one)

 

2:00pm-2:50pm

Breakout 50: Lessons for Accounting Firms from the World of Managerial Accounting (1 AA)
Morden S. Shapiro, B.Com., FCA, FCPA, CMC
Management Consultant/Morden S Shapiro & Associates, Inc
Thornhill, Ontario

For many years Morden has taught Managerial Accounting and applied its principles in his consulting work. The use of Managerial Accounting has often been described as critical to the well-being and success of business enterprises.

In this session, Morden will explore selected principles from the discipline of Managerial Accounting as they apply to the management of a professional accounting practice. He will address such concepts as:

  • Organizational architecture;
  • The productive assignment of Decision Rights;
  • Meaningful Performance Evaluation;
  • Agent Principal issues;
  • Managing motivational issues.

Morden will share his experiences “from the trenches” with an emphasis on “What can we learn from Managerial Accounting?”

Breakout 51: Captive Insurance (1 TB)
Christian R. Stormer, CPA
Partner/Bauknight, Pietras & Stormer, PA
Columbia

Florida recently passed captive insurance legislation. No longer is captive insurance strictly a Fortune 500 risk management solution – middle market and smaller companies can benefit from implementing a captive insurance strategy. How can this help my clients or my business? This session is designed to educate attendees on all things captive insurance – in an hour. Topics will include:

  • What is a captive insurance company?
  • Purpose of captive insurance companies
  • Types of captive insurance companies
  • Captive insurance versus traditional insurance
  • Structuring a captive insurance company
  • Advantages of a captive insurance company
    • Risk financing
    • Income tax advantages
    • Wealth transfer
    • ACA medical stop loss opportunities

Breakout 52: Exempt Organizations - IRS Update - Including 990 (1 TB)
David Moja
National Director NFP Tax Services/CapinCrouse LLP
Greenwood

In 2014, the IRS - while dealing with upheaval - has continued to issue new guidance and proposed rules - from political limitations to guidance on unrelated business activities to reinstatement of exempt status and beyond. In this session we will look at new issues and what has been proposed, the new leadership of the IRS, what changes may be on the way for Form 990-series forms, and what you might expect in the future.

Breakout 53: 2014 Property Tax Update (CFP) (CLE) (1 TB)
Robert S. Goldman
Partner/Madsen, Goldman & Holcomb LLP
Tallahassee
and
William D. Shepherd
General Counsel/Hillsborough County Property Appraiser
Tampa

Update on legislation, case law and other hot topic issues in the area of property taxation, including real and tangible personal property valuation, exemptions and agricultural and other classifications. Tips and strategies on filing tangible personal property returns.

National and Florida Economic Update (CFP) (1 TB)
3:20pm-4:10pm
Carol Fox, CPA
Senior Managing Director/Glass Ratner Advisory and Capital Group, LLC
Atlanta
and
Ian Ratner, CPA
Principal/Glass Ratner Advisory and Capital Group, LLC
Atlanta

Ian and Carol will present an overview of the US and Florida economy over the past 7 to 8 years highlighting the build up to the great recession and the slow and steady recovery, or alleged recovery. Their session will focus on real estate, credit markets, hospitality and other economic sectors of interest to Florida CPAs. They will use a series of charts and graphs to tell the story. The session will be fast paced and interesting.

Current Trends in Forensic and Litigation Accounting (1 AA)
4:10pm-5:00pm
Ian Ratner, CPA
Principal/Glass Ratner Advisory and Capital Group, LLC
Atlanta

Ian Ratner is a nationally recognized expert witness and has testified at trial and deposition well over 100 times. He has worked for Fortune 50 companies and foreign governments. He will discuss some of the hot topics in Forensic and Litigation Support such as the increasing use of Daubert Challenges to experts, the increasing use of Data Analytics in large forensic cases and the challenges to E Discovery and document management for the forensic accountant. The session will be fast paced and practical.

FICPA Magical Evening!
6:00pm-9:30pm

Saturday, June 14, 2014

 

Registration & Continental Breakfast
7:00am-8:15am

Trends in Technology - What's New and Notable (1 TB)
7:15am-8:05am
Richard J. Morochove, FCPA, FCA, CA.IT
President/Founder/Morochove & Associates, Inc
Toronto, Ontario M5R 1P8

This fast-paced look at what's new and notable in tablets, smartphones, notebooks, gadgets and apps will highlight the latest tech trends. Update yourself on how to reap all the benefits of the latest digital technology.

Saturday Ethics Concurrent Breakout (4 hours)

 

Breakout 54: Ethics: Protecting the Integrity of Florida CPAs (4 ET)
Cecil Patterson Jr., CPA,MBA
CPA/Patterson CPA Group, Inc.
Ponte Vedra Beach

Updated for 2014 with a focus on real-life ethical issues, this course addresses internal and external issues CPAs face, such as professional standards, ethical conduct, client communication and independence. The course complies with the ethics requirements for Florida CPAs as set forth by the Florida Board of Accountancy.

Saturday Concurrent Breakouts (select one)

 

8:15am-9:05am

Breakout 55: Private Company Council Update (1 AA)
Jeffery C. Bryan, CPA
Partner, Professional Standards Group/Dixon Hughes Goodman LLP
High Point, NC

Background on formation of the Private Company Council and its place in the standards setting process. Will look at how the PCC functions in its advisory role to the FASB pertaining to existing GAAP as well as new guidance as it is being adopted. Will provide update on Accounting Standards Updates issued to date and possible future initiatives of the PCC.

Breakout 56: Dodd-Frank Whistleblowing and The New Race to Report (1 TB)
Ron J. Schwartz, CPA
Partner/Deloitte Financial Advisory Services LLP
Atlanta

This presentation discusses the Dodd-Frank Act whistleblower provisions and the efforts undertaken by the Securities and Exchange Commission (SEC) around its whistleblower program. The presentation provides real life examples of investigations initiated by the regulators (SEC and Department of Justice), how the regulators approach investigations and common pitfalls. the presentation also discusses compliance best practices that companies should consider for their compliance hotlines and general compliance programs.

Saturday Concurrent Breakouts (select one)

 

9:10am-10:00am

Breakout 57: Peer Review Deficiencies (1 AA)
Paul N. Brown, CPA, CGMA
Director of Technical Services/Florida Institute of CPAs
Tallahassee

This session will look at some of the most common peer review deficiencies noted during the past couple of years. The deficiencies will focus on engagement deficiencies, but will also look at some of the most common systemic causes of those deficiencies and how to correct them. This session will also review some of the regulatory issues and findings as it relates to the Government Accountability Office (GAO), the Department of Labor (DOL) and other entities involved in the peer review process.

Breakout 58: Disruptive Technologies: Catching the Wave (1 TB)
Gregory L. LaFollette, CPA, CITP, CGMA
Vice President/CPA2Biz
New York

This session will examine the multitude of "disruptive technologies" that are destroying some of our clients' traditional business models while simultaneously creating amazing new opportunities for others. As a "trusted advisor" you need to understand these threats and be ready to help your clients not only survive but also thrive in the face of this upheaval. You'll be amazed (and probably troubled) as we discuss today's "buggy whip manufacturers"!

Saturday Concurrent Breakouts (select one)

 

10:15am-11:05am

Breakout 59: DOMA - Financial/Estate Planning/Tax  Issues (Part 1) (1 TB)
Bradley R. Gould, Esq.
Dean Mead Minton & Zwemer / Ft. Pierce
and
Chas P. Smith, CPA/PFS
Chief Investment Officer & President / CPS Investment Advisors/CPAlliance
Lakeland

An overview of the financial planning, tax, business, and estate planning issues facing same sex couples resulting from the repeal of DOMA and recent developments.

Breakout 60: Audit Engagement Planning with a "Consulting" Flare to Provide More Value For Your Client (1 AA)
J. Stephen Nouss, CPA, CGMA
Chief Consulting Officer / Berkowitz Pollack Brant Advisors and Accountants, LLP
Fort Lauderdale

When planning your audit or financial statement preparation let's drill down a little more into some business objectives and develop some "Management Letter Comments" you can formally share with your Client.

Saturday Concurrent Breakouts (select one)

 

11:10am-12:00pm

Breakout 61: Going Concerns (1 AA)
J E. Grossman, CPA, CMA, CFE, CGMA
Proprietor/J. Edward Grossman, CPA
Lakeland

There is a lack of guidance in U.S. GAAP and GAAS about when and how going concern uncertainties should be disclosed. This session will address the FASB’s project to address this problem. Discussion points will include the initial disclosure threshold, the assessment period, determining the substantial doubt threshold, and liquidation basis of accounting considerations.

Breakout 62: DOMA - Financial/Estate Planning/Tax  Issues (Part 2) (1 TB)
Bradley R. Gould, Esq.
Dean Mead Minton & Zwemer / Ft. Pierce
and
Chas P. Smith, CPA/PFS
Chief Investment Officer & President / CPS Group CPAs, PA
Lakeland
and
Michael A. Riskin, CPA/PFS, CFP®, MST
Director – Tax Department / CPS Group CPAs, PA
Lakeland

A panel discussion of substantive and practice management issues for CPAs advising same sex couples.