CPE Sessions

IFRS & AICPA Financial Reporting Frameworks for Small and Medium-Sized Entities: Evaluating FRFs for SMEs
Presented by Ron O. Cardwell, Assistant Professor of Accounting, Salem College

In 2013, the AICPA developed a Financial Reporting Framework for small and medium-sized entities as an alternative to GAAP and IFRS for small and medium-sized companies. Now that there are multiple alternative reporting structures available for privately owned small companies, CPAs need to know how to advise their clients on selecting a financial reporting framework that will satisfy their client's financial reporting needs.

State and Local Tax Update
Presented by Keith A. Wood, Attorney, Carruthers & Roth, PA

This session reviews recent North Carolina tax developments, including significant court decisions, rulings, statutory and regulatory developments involving individual income taxes, corporate income and franchise taxes, sales and use taxes, and tax administration.

Ethics 101
Presented by Bryan W. Starnes, CFO, Meridian Senior Living

Ethics course designed to meet the annual 2-hour CPE requirement regarding ethics in accountancy.  Course includes lecture and case studies to examine ethical issues facing the public accounting professional. (Meets North Carolina Ethics Requirement.)

Dealing with the IRS on Collection Issues
Presented by Robert L. Commerson, Enrolled Agent

This presentation will cover several important client representation issues—Employment Taxes, Installment Agreements, & Offer-In-Compromise procedures.

A Closer Look at SMAC: How Social, Mobile, Analytics and Cloud are Reshaping Your Profession
Presented by Haya Ajjan, Assistant Professor of Management Information Systems, Elon University

In this session, we will take a closer look at four revolutionary technologies: cloud computing, mobile devices, social media, and business analytics and zoom into their impact on the accounting profession.

Economic Update: The Disappearing Middle Class – Urban Legend or Truth?
Presented by Jen Platania & Greg Lilly, Associate Professors of Economics, Elon University

This presentation will come in two parts: (A) the latest figures concerning the national economy will be presented and analyzed, and (B) a pressing economic concern will be explored at both the national and local levels. This year we will discuss rising income inequality.