You are invited to attend a continuing education (CPE) event for accounting and finance professionals. The program allows you to earn four hours of CPE credit, keep up-to-date on accounting and finance issues and network with other professionals.
These CPE Sessions are conducted under the IMA's Global Core Values and IMA's Statement of Ethical Professional Practice. Adherence to these statements are required to participate in this event.
Here are the Decmber 2022 topics:
Cryptocurrency Deepdive: Topics Most Haven't Considered
Field of Study: Information Technology
A digital currency wallet allows you to send, receive, and spend digital assets like Bitcoin and Ether. Mark Eckerle, a Senior Manager and Team Leader of Withum's digital technology and blockchain technology, reviews all aspects of crypto wallets. Topics discussed include the different types of wallets, internal control considerations and public versus private blockchain.
Transfer Pricing: Controversy and Compliance
Field of Study: Taxes
According to the results of a 2020 Global Multinational Corporation (MNC) Tax Survey, transfer pricing ranks at the top of the complexity scale. In this segment Grant Thornton's Steven Wrappe tries to make it more understandable by offering an innovative seven-step approach to transfer pricing. He also discusses the controversies surrounding this challenging topic and reviews recent trends and their implications on corporations today.
Statements on Standards for Tax Services: New Rules
Field of Study: Taxes
Statements on Standards for Tax Services, or SSTSs, are tax standards that apply to all members of the AICPA. In August of 2022, the AICPA released an Exposure Draft that would update the SSTSs and create new standards around data protection, reliance on tools and representation before taxing authorities. Nick Preusch, Tax Manager with YHB CPAs, provides a review of the ED and its implications.
Subpoena Implications for Accounting and Finance
Field of Study: Business Law
Accountant-client privilege is a confidentiality privilege, or more precisely, a group of privileges, defined in American federal and state law. CPAs have an ethical duty to keep their client information confidential. However, CPAs and other financial professionals often receive subpoenas related to their clients’ confidential information. David Richan, partner at Baritz & Colman LLP, discusses the responsibilities of the CPA or financial professional when served with a subpoena and how to balance that with the obligation to protect client confidentiality.
Date: Saturday, December 10, 2022
Time: 9:00 am to 1:00 pm