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2015 CPE Day Participant Materials

  

 

Speaker and Topic
Learning Objectives
Session
Location
Materials

 

George Mitchell, Senior Vice-President, Dallas Cowboys, and Tom Walker, Tax Director, Dallas Cowboys

 "Off the Field and Inside the Accounting Department of the Dallas Cowboys"

 

 

Morning
8:40-9:30
Rosebud
Materials

 

David Woodcock, Partner, Securities Litigation and SEC Enforcement Group at Jones Day, and Marshall Gandy, Co-Acting Regional Director, SEC FW Office

"Update on the SEC"

 

Morning
9:40-10:30
Rosebud
Materials

Rahul Gupta, FASB Project Manager

“Update on FASB Activities”


  • Understanding Recent Accounting Standards and Updates

  • Current FASB, EITF and PCC projects

Morning
10:40-11:30
Rosebud
Materials

 

Richard Mark, Associate Professor, UTA

"Accounting Ethics"

 

 

To educate Texas Certified Public Accountants in ethical standards and issues associated with the practice of accounting within the State of Texas.  As part of the education process, this course will:

  • aid Texas CPAs in applying ethical judgment when interpreting the various standards and rules applicable to the practice of public accountancy within the State of Texas;
  • encourage Texas CPAs to place primary importance in ethical decision-making on public rather than self-interest when evaluating their ethical decisions even at the loss of position or client.

To help Texas CPAs to develop more than a technical understanding of the various applicable Rules of Professional Conduct when involved in the performance of professional accounting services/work.  Within this context, this Course will  review and encourage open discussion of the Rules of Professional Conduct and their implications for persons in a variety of practices, including:

  • attest and non-attest services for Texas CPAs in public practice (§ 501.52);
  • internal accounting and auditing services for those Texas CPAs in industry;
  • education or government service.


Breakout Session I
Afternoon
1:00-4:50

 

Rio Grande

Materials

Daniel A. Boarder, Director – Transaction Advisory Services, Whitley Penn LLP

“Executing a Successful M&A Transaction in Today’s Marketplace”


  • Understand the high-level market forces in Private Equity
  • Understand how to position a company to achieve the best valuation in a transaction
  • Understand how buyers value an M&A deal
  • Understand the process buyers and sellers go through when executing an M&A transaction
Breakout Session II


Afternoon
1:00-1:50
Red River
Materials

Mitch Perry, President, Fox, Byrd & Company.

“Private Company Council Update”

 

 

  • To understand the role of the Private Company Council, its decision-making process and framework
  • To understand the private company accounting alternatives that have been approved and adopted by FASB to date
  • To understand the Private Company Council projects that are currently in process or under consideration
Breakout Session II


Afternoon
2:00-2:50
Red River
Materials

 

Warren Stoker, VP, Government Liaison and Business Process Controls, Textron, Inc.

"Compliance in Government Contracting"

 

 

  • Identify how certain U.S. Government (USG) acquisition policies drive associated accounting practices.
  • Identify specific USG Contract types requiring unique accounting practices.
  • Identify reasons supporting the requirement for these accounting practices.
  • Review examples of the required accounting practices.
  • Provide sources for additional information.



Breakout Session II

Afternoon
3:00-3:50

Red River
Materials

       

Marvin E. Blum JD/CPA, Founder/Managing Partner, The Blum Firm, PC

"Estate Planning the Right Way" 

 

 

  • Understand the gift tax and estate tax rates and exemptions available.
  • Review various planning techniques to reduce or eliminate estate tax at death.
  • Identify types of assets includable in calculating estate tax and types of assets that are “outside” of an estate.
  • Discuss the additional step to estate planning of preparing heirs to manage an inheritance.


Breakout Session III

Afternoon
1:00-1:50

Concho
Materials

 

Mike Goral, Partner-in-Charge, State and Local Tax Services, Weaver

"Could you Benefit from a Little SALT (State and Local Tax)" 

 

 

  • Identify the major business activities that can lead to establishing tax nexus and a subsequent filing obligation in a foreign state.
  • Outline some of the major tax changes passed by the Texas Legislature.
  • Discuss various administrative and procedural issues pertaining to voluntary disclosure agreements and state audit defense strategies.

Breakout Session III

Afternoon
2:00-2:50

Concho
Materials

 

Mary Thomas, International Tax Services Partner, Weaver

"Transfer Pricing and Expatriate - They Could Cross" 

 

  • Identify the largest trading countries with Texas (imports and export).
  • Describe transfer pricing and underlying premise.
  • Recognize issues that need addressing with regard to international assignments.
  • Identify how transfer prices relate to expat employees
  • Determine whether an individual qualifies as a US resident or nonresident.
  • Address U.S. tax significance of non-US residents.

 



Breakout Session III

Afternoon
3:00-3:50

 

Concho
Materials

Daniel Baucum, Partner, Cantey Hanger

"Legislative Update – Latest from the Hill and IRS" 


  • Examine Federal tax reform proposals under discussion in the House Ways & Means Committee and the Senate Finance Committee with a view toward future legislation
  • Focus on tax “loopholes” under heated debate in Congress and the Administration
  • Review recent IRS activities regarding foreign bank account reporting and large cash deposits in domestic banks
  • Examine the provisions of the newly enacted Surface Transportation and Veterans Health Care Choice Improvement Act of 2015

Breakout Session III

Afternoon
4:00-4:50

 

Concho
Materials
Paul Kelsey, CPA, Senior Assurance Manager, BDO USA, LLP

"Driving Understanding with Dashboards" 

  • Consider frequent weaknesses in traditional reporting
  • Define dashboard
  • Discuss the benefits and challenges of dashboards
  • Outline key features of effective dashboards and considerations for getting started
  • Demonstrate creation of the classic speedometer image in Excel

 



Breakout Session IV

Afternoon
1:00-1:50

 

Guadalupe
Materials

 

Necia A. Dexter, CPA, Perkins, Dexter, Sinopoli & Hamm, PC

"Single Audit Guidelines" 

 

UNDERSTAND THE IMPACT OF THE NEW UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS

  • Effective Dates
  • Nonfederal entities’ responsibilities for internal control and evaluation and monitoring of compliance with federal statutes, regulations and terms and conditions of federal awards
  • New procurement standards
  • Requirements for Pass-Through Entities
  • Effect on indirect cost rates
  • Changes in audit requirements, major program determination and determination of low risk and other than low risk auditee

DESCRIBE THE KEY CHANGES TO THE OMB CIRCULAR A-133 2015 FINAL COMPLIANCE SUPPLEMENT

  • Part 3 Compliance Requirements includes transition guidance in effect for continuing federal awards under A-133 requirements and new federal awards under Uniform Guidance for Federal Awards requirements

 

 



Breakout Session IV

Afternoon
2:00-2:50

 

Guadalupe
Materials

Donna Mayes, Senior Audit Manager, Rylander, Clay & Optiz LLP

“Fraud Examinations”

 


Breakout Session IV

Afternoon
3:00-3:50

Guadalupe
Materials

Charles Miller, Attorney, FisherBroyles, LLP, Business Law Lecturer, UTA

“Gender Stereotyping in the Workplace-What if a Male Employee Doesn't Act Manly Enough?"


  • This lecture covers current developments in federal and state employment discrimination law with a focus on potential employer liability for gender stereotyping employee conduct in the workplace and recent case developments in the newly-developing theory "attractiveness discrimination."



Breakout Session IV

Afternoon
4:00-4:50

Guadalupe
Materials