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2016 CPE Day Participant Materials

  

 

Speaker
Topic & Learning Objectives
Session
Location
Materials

 

Dr. Allan Saxe, Associate Professor, Department of Political Science, University of Texas at Arlington

 

 

 

 

“What’s Goin’ On?” – The Presidential Election:

At the end of the session, the participants will be able to:

·         Examine the dynamics of presidential elections

·         Investigate the process of choosing presidential   candidates

·         Illustrate the linkage between private or individual values and public policy expressed during presidential campaigns

·         Construct critical evaluations of various political systems, ideologies, and policy processes evidenced by national politics

·         Analyze and interpret political events and governmental processes during presidential campaigns

 

Morning
8:40-9:30
Rosebud Theater
Materials

 

Shamoil Shipchandler and Marshall Gandy, Securities and Exchange Commission

 

 

 

“SEC Update”

At the end of the session, the participants will be able to:

·            Describe the organizational structure of the SEC

·            Identify the types of cases investigated by the SEC

·            List the investigative tools used by the SEC in its enforcement efforts

·             Summarize the SEC examination process

Morning
9:40-10:30
Rosebud Theater
Materials

Joe Serrano, Federal Bureau of Investigation

    “Cyber Crime”

     At the end of the session, the participants will be able to:

    ·         Identify the most common cyber-threats that could potentially impact business operations

    ·         Choose the types of data that need to be protected in a business network

    ·         Evaluation the investment necessary to protect a business network

Morning
10:40-11:30
Rosebud Theater
Materials

 

 

Dr. Julienne A. Greer, Assistant Professor of Theater Arts: Social Robotics and Performance, University of Texas At Arlington

 

 

“Theater Arts and Social Robotics: An Interdisciplinary  Collaboration for Companion Robots”

Course objectives:

Present in an entertaining and informative manner the collaboration that is happening now at UTA between the Theatre Arts dept., UTARI (engineering), and School of Social Work (health, social, and human condition issues) regarding social robotics and its introduction onto the U.S. consumer landscape. Specifically examine some of the social robots that are owned by the Theatre Dept. and that will be released to the general public in the coming year. Examine the future uses of social and companion robots in healthcare, business, education, entertainment, and in our homes.

 



Afternoon
12:00-12:50

 

Bluebonnet Ballroom

Materials

Richard Mark, Associate Professor, Department of Accounting, University of Texas at Arlington


    “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

Ballroom A
Materials

 

Lee Evelyn Dyson, Stakeholder Liaison, Internal Revenue Service;

Dana Bracy,  Criminal Investigation, Internal Revenue Service                                    

 

 

“Tax Return Identity Theft – What You Need to Know” 

At the end of the session, the participants will be able to:

• Identify the various types of Tax Return Identity Theft

• Recognize the current schemes used to perpetrate Tax Return Identity Theft

• Summarize the Government’s efforts to stop Tax Return Identity Theft

• Discuss the various measures taken by the Government to prevent Tax Return Identity Theft

• Apply the procedures to report and prevent Tax Return Identity Theft
Breakout Session II


Afternoon
1:00-1:50
Red River
Materials

 

Doug Puckett, Deputy National Tax Leader, Deloitte"

 

 

“Private Equity 101”

 At the end of the session, the participants will be able to:

• Summarize the genesis of Private Equity Funds

• Explain the entity structures used for Private Equity   Funds

• Assess the operations of Private Equity Funds

• Determine the types of distributions received by managers and investors in Private Equity Funds

At the end of the session, the participants will be able to:

• Summarize the genesis of Private Equity Funds

• Explain the entity structures used for Private Equity   Funds

• Assess the operations of Private Equity Funds

• Determine the types of distributions received by managers and investors in Private Equity Funds



Breakout Session II

 Afternoon

2:00-2:50

Red River
Materials

       

David DeGrand , SourceHOV/Tax             

 

 

    “PATH Act of 2015 – With A Focus on Depreciation”

     At the end of the session, the participants will be able to:

    • Summarize the status of tax extenders after the PATH Act

    • Evaluate the changes made to Improvement Property for tax purposes by the PATH Act

    • Analyze the impact of the PATH Act upon

    §179 Property and Bonus Depreciation

    • Assess the changes made to the R&D Tax Credit under the PATH Act


Breakout Session II

 

Afternoon

3:00-3:50

Red River
Materials

 

 

Stephen Hanebutt, CPA, President, Sales Tax Specialists of Texas

 

 

“Sales Tax Exemptions You (Possibly) Aren’t Aware Of” 

At the end of the session, the participants will be able to:

·         Describe, Illustrate and Identify various sales tax exemptions in Texas:

·         Resale Exemption

·         Manufacturing Exemption

·         Residential Exemption

·         Home Builders Exemption

·         New Construction Exemption

Breakout Session II

Afternoon
4:00-4:50

Red River
Materials

 

Ben Woodward, Vice President, Institutional Wealth, Bank of Texas 

 

“Retirement Plans – What are your options?”

 At the end of the session, the participants will be able to:

• Evaluate the best retirement plan for your situation

• Define the different types of retirement plans

• Analyze the functions to consider in establishing and operating a retirement plan

 



Breakout Session III

Afternoon
1:00-1:50

 

Concho
Materials

Kaci Howell. Director of Business Valuation Services, Weaver

“Business Valuations: What Should I Know?”

 At the end of the session, the participants will be able to:

·         Determine when valuations are needed

·         Select a valuation professional

·         Evaluate the scope of the project

·         Describe the general valuation process

  • Assess the valuation



Breakout Session III

Afternoon
2:00-2:50

 

Concho
Materials
Stephanie Buduhan, PSK LLP

 

    “Navigating the New Overtime Rules”

     At the end of the session, the participants will be able to:

     Discuss the history of the Fair Labor Standards Act.

     Identify who is covered under the FLSA.  Define the terms Exempt and Nonexempt and explain how to classify workers as Exempt or Nonexempt.

    Review some tips for complying with the FLSA.

 


Breakout Session III

Afternoon

3:00-3:50

 

Concho
Materials
Charles D. Miller, Attorney and Principal, Charles D. Miller, P.C.,       Business Law Senior Lecturer, University of Texas at Arlington

 

“Legal Issues: Independent Contractor vs. Employee Classifications, Micro-aggressions and Employment Law Update”

 



Breakout Session III

Afternoon
4:00-4:50

 

Concho
Materials
Debra Bennett, Partner, Ernst & Young                 

“Restructuring Distressed Debt”

 At the end of the session, the participants will be able to:

·         Become familiar with the key U.S. federal tax concepts and issues in dealing with restructuring distressed debt

·         Identify the key income tax consequences in debt restructuring when the taxpayer is solvent, insolvent or in bankruptcy

·         Understand the pressures and additional burdens placed on the tax departments of companies dealing with distressed debt restructurings

Become familiar with a few State tax consequences with respect to distressed debt restructurings


Breakout Session IV

Afternoon
1:00-1:50

Guadalupe
Materials

 

Matt White, FAAS Senior Manager, Ernst & Young;        Terrence Lomeka, FAAS Manager, Ernst & Young


“Revenue Recognition Standard: Navigating the New Landscape”

 At the end of the session, the participants will be able to:

• Summarize the principal changes to revenue recognition under the new GAAP standards

• Identify the five steps to revenue recognition

• Evaluate disclosure standards under the new revenue recognition standards

• Summarize the effective date and transition rules for the new standard

• Examine the subsequent changes to the new revenue recognition standard

 



Breakout Session IV

Afternoon
2:00-2:50

Guadalupe
Materials

Jason Larkin, FAAS Senior Manager, Ernst & Young; Jane Rizzuto, FAAS Senior, Ernst & Young

“Accounting for Leases: Right of Use Model” At the end of the session, the participants will be able to: • Summarize the principal changes to accounting for leases under the new GAAP standard • Identify the scope and exceptions to the new standard • Restate the key concepts used in the new standard • Examine lessee accounting under the new standard • Examine lessor accounting under the new standard • Summarize the effective date and transition rules for the new standard

Breakout Session IV

Afternoon

3:00-3:50

Guadalupe
Materials

Kerry Fitzgerald, Director, BKD, LLP; Ryan Singleton, Managing Director, BKD, LLP

“Presentation of Financial Statements – Going Concern?” At the end of the session, the participants will be able to: • Discuss the impact of ASU 2014-15 on the evaluation of a company’s ability to continue as a going concern • Review the impact of management’s assessment of a company’s ability to continue as a going concern • Assess management’s mitigation plan in determining the company’s ability to continue as a going concern • Summarize the necessary financial statement disclosures if substantial doubt exists of the company’s ability to continue as a going concern • Evaluate the effect of change in circumstances on management’s determination of the company’s ability to continue as a going concern

Breakout Session IV

Afternoon

4:00-4:50

Guadalupe
Materials