Best of 2022 South Florida Accounting Conference–Part 1 Accounting & Audit

Wednesday, February 15, 2023
Webcast or Webinar, Online
1:00PM - 4:30PM (opens at 12:30) EST
4Credits
Accounting and Auditing

Registration is Open

Members
$199.00 Regular Price
Non-Members
$259.00 Regular Price
Course Type: CPE Conferences
Course Code: 22/SFACWB01
Vendor: Florida Institute of CPAs
Field of Study: Auditing, Accounting

Overview:

If you missed our South Florida Accounting Conference last month, you are in luck!

The FICPA is offering a 4-hour replay to cover the best of the December 2022 South Florida Accounting Conference.  These sessions received high ratings by attendees on relevance, speakers and content. The Best of the South Florida Accounting Conference has a Part 1 - Accounting &Auditing Concentration.


This replay qualifies for 4 hours of CPE credit.

1:00pm - 1:50pm Lookback of recent FASB Activity (1AA) 

Bruce Nunnally, Partner Emeritus – Carr, Riggs & Ingram, LLC

This session will summarize FASB standards issued over the previous twelve months. We will also review the projects on the current FASB Technical Agenda.

1:50pm - 2:40pm Remote Auditing Best Practices (1AA)

Erik Halluska, Partner – Withum

As we continue to evolve into a remote working industry, practices have evolved as well. Practices that were once thought of as irrelevant, are now the norm and some that were considered foundational have become obsolete. In this session, we will highlight some of the areas and discuss what has worked well, what hasn't worked, and which areas of remote auditing the industry can improve on.

2:50pm - 3:40pm Is an ESOP Right for You or Your Clients? (1 AA)

John Burgess, CPA, Esq., Partner – Shumaker, Loop & Kendrick, LLP

Over 200,000 businesses in Florida are owned by those age 55 and up. Those owners will eventually exit their businesses, the question is how. This session will describe the basics of an employee stock ownership plan (ESOP), which is a highly flexible exit strategy that could work for many of these owners. We will discuss the basics of how ESOPs are formed and how they work, the characteristics of a company that might be a good ESOP candidate, the tax advantages that are available for both selling owners and ESOP companies, and how employees benefit from participating in an ESOP. Finally, we will go through an example of a typical ESOP transaction. 

3:40pm - 4:30pm Lease Standards ASC 842-A Practical Approach (1AA)

Al Erdman, Partner – Withum

This session will look at some actual applications of the new lease standard to better understand its requirements and offer insights on compliance. It will also touch on its impact on deferred income taxes.


Also available is our Best of South Florida Accounting Conference - Part 2 - Taxes and Technical Business.  Visit our catalog to register for this 4 hour CPE virtual session as well.

Presenters:

  • Bruce Allen Nunnally, CGMA, CPA

    Bruce Nunnally has over 30 years of public accounting experience, including 9 years with the international public accounting firm, Ernst & Young, LLP. Bruce is also a national instructor of accounting and auditing issues. He has presented accounting and auditing continuing education classes for a quarter of the top 30 CPA firms in the U.S. Some of the courses he has led include:• Annual Update for...

    Read more about Bruce Allen Nunnally here
  • Erik A Halluska, CPA

    Erik Halluska is based in Withum's Orlando office and serves the Firm's Assurance and Accounting service area specializing in the Hospitality (Team Leader for the Vacation Ownership Team) and Not-for-Profit industries. Under this capacity, he advises clients through analysis of internal control and operational efficiencies, agreed-upon procedures, audits and reviews. His advisory services extend...

    Read more about Erik A Halluska here
  • John Burgess, CPA, Esq., LLM (Tax)

    John Burgess is an attorney and CPA who helps business owners, executives, and other senior managers with all of their employee benefits. He advises employee benefit plan committees, including 401(k) plan committees, on their fiduciary responsibilities and best practices. He has worked with plans of all sizes, ranging from those sponsored by small, local companies with a few dozen participants to...

    Read more about John Burgess here
  • Al Erdmann, CPA

    Mr. Erdmann is a partner in the New York office of WithumSmith+Brown, PC.  He has 25 years of professional accounting experience. He is a licensed certified public accountant in New York, New Jersey, and California and assists clients on both coasts. Specializing in accounting and auditing services for individuals and privately-held entities, he has specific expertise in the real estate and...

    Read more about Al Erdmann here

Presenters:

Bruce Allen Nunnally, CGMA, CPA

Bruce Nunnally has over 30 years of public accounting experience, including 9 years with the international public accounting firm, Ernst & Young, LLP. Bruce is also a national instructor of accounting and auditing issues. He has presented accounting and auditing continuing education classes for a quarter of the top 30 CPA firms in the U.S. Some of the courses he has led include:• Annual Update for...Read more about Bruce Allen Nunnally here

Erik A Halluska, CPA

Erik Halluska is based in Withum's Orlando office and serves the Firm's Assurance and Accounting service area specializing in the Hospitality (Team Leader for the Vacation Ownership Team) and Not-for-Profit industries. Under this capacity, he advises clients through analysis of internal control and operational efficiencies, agreed-upon procedures, audits and reviews. His advisory services extend...Read more about Erik A Halluska here

John Burgess, CPA, Esq., LLM (Tax)

John Burgess is an attorney and CPA who helps business owners, executives, and other senior managers with all of their employee benefits. He advises employee benefit plan committees, including 401(k) plan committees, on their fiduciary responsibilities and best practices. He has worked with plans of all sizes, ranging from those sponsored by small, local companies with a few dozen participants to...Read more about John Burgess here

Al Erdmann, CPA

Mr. Erdmann is a partner in the New York office of WithumSmith+Brown, PC.  He has 25 years of professional accounting experience. He is a licensed certified public accountant in New York, New Jersey, and California and assists clients on both coasts. Specializing in accounting and auditing services for individuals and privately-held entities, he has specific expertise in the real estate and...Read more about Al Erdmann here

Major Topics:

• Lookback of recent FASB Activity (1AA) 
• Remote Auditing Best Practices (1AA)
• Is an ESOP Right for You or Your Clients? (1 AA)
• Lease Standards ASC 842-A Practical Approach (1AA)

Major Topics:

• Lookback of recent FASB Activity (1AA) 
• Remote Auditing Best Practices (1AA)
• Is an ESOP Right for You or Your Clients? (1 AA)
• Lease Standards ASC 842-A Practical Approach (1AA)

Designed For:

CPAs, Accountants, and Financial Professionals

Prerequisties:

None.
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org