50th Annual Meeting & Education Conference - Huntington Beach, CA

Jul 02, 2014 08:00am -
Jul 07, 2014 05:00pm

Event Type: Annual Meeting
Category: Annual Meeting

Speaker Information

Thursday, July 3

8:30-9:20am 50 Minutes(A&A)

Financial Statement Analysis: Revenue Recognition Issues & Fair Value Developments

Speaker: Judson Leibee, Esq., CPA, Judson Charles, Inc.

This session will review financial statement analysis techniques, with an emphasis on recent developments in revenue recognition and fair value.

 

9:20-10:35am 75 Minutes

Risk Management Strategies To Protect Your Practice

Speaker: Chuck Horn, Esq., LeClair Ryan

This program will discuss various practice management methods attorney-CPAs can utilize to reduce the likelihood and severity of malpractice claims.

 

10:45-12:00pm 75 Minutes

“Hollywood Studio Accounting: Fact or Fiction”

Speaker: Harvey S. Gettleson, Esq., CPA, Gettleson, Witzer & O’Connor

Does anyone in Hollywood know if, how, and when a project makes or loses money….and how many sets of books are needed to report the financial results of a project. This session will review the studio accounting system for films and television projects. The studios really do employ “creative accounting” techniques with more than one set of books per project.

1:30-3:10pm 100 Minutes (A&A)
Fiduciary Accounting For Estates and Trusts
Speaker: David Ostrove, Esq., CPA
Learn all there is to know about fiduciary accounting and the Uniform Principal and Income Act which has been adopted by most states. This course features numerous examples from Mr. Ostrove’s law practice, citing cases in great detail. You will not only learn how to prepare an account for presentation to the court or to beneficiaries. You will also learn how to protect yourself from potential liabilities, how your duties are defined and how to properly bill for your services.

 

3:30-4:20pm 50 Minutes

Tax Avoidance versus Tax Evasion

Speaker: David Klasing, Esq., CPA, Tax Law Office of David W. Klasing

This presentation will answer the following: Is tax planning designed to achieve tax avoidance legal? When does tax planning go from attempting to achieve tax avoidance to actually leading to tax evasion? What exposure do tax planners have to charges of aiding and abetting income tax evasion? What are the most common tax planning strategies that walk the line between evasion and avoidance? And how do the following doctrines play into the analysis of what side of the line a tax strategy leans towards – Avoidance versus Evasion (i) Listed Transactions (ii) Economic Substance Doctrine (iii) Business Purpose Test (iv) Step Transaction Doctrine and (v) Substance Over Form Doctrine.

 

4:30-5:20pm 50 Minutes
Marketing Professional Services: An Accelerated Approach to Profit and Prominence in Your Practice
Speaker: Joseph E. Cordell, Esq., CPA Co-Founder, CEO, Executive Partner Cordell & Cordell
Marketing has played a central role in the growth and development of Cordell and Cordell. Over the past 25 years we have gained insights, which are incorporated in the multi-pronged systems C&C has in place today. This session will discuss what C&C considers the most important components that an ambitious professional practice should have in place in today’s rapidly changing environment.



Friday, July 4

8:30-10:10am 100 Minutes

Ethics Session 1: History Of Ethics in our Association

Speakers: Sydney S. Traum, BBA, JD, LLM, CPA, Law Offices of Sydney S.Traum, P.A.,

Richard Orin, Esq., CPA

This session will focus on the History of the AAA-CPA and discuss the Ibanez Supreme Court Case. There will also be discussions related to creating and maintaining our own code, AAA-CPA enforcement concern issue, law school treatment, most significant inconsistent treatment areas and the higher standard trumps.

 

Ethics Session 2: Ethics Enforcement
Speakers: Jim Rigos, JD, LLM, CPA, Rigos Bar, Accountancy, and Ethics Review Series
Peter A. Slowiaczek
Session 2 will discuss typical discovery and adjudication process and procedures of state bars and boards, including the AICPA JEEP program; the reality of becoming a target and damages such proceedings can cause, and the Judicial review appeal rights, strategies and building the record below. Two members will share their experiences as targets.

 

10:30am-11:20am 50 Minutes
Ethics Session 3: Current Issues Facing Attorney-CPAs
Speakers: Sydney S. Traum, BBA, JD, LLM, CPA, Law Offices of Sydney S.Traum, P.A.,
Richard Orin, Esq., CPA
Jim Rigos, JD, LLM, CPA, Rigos Bar, Accountancy, and Ethics Review Series
Peter A. Slowiaczek
Current dual credentials display issues, fee sharing, bar “extra” required disclosures, law-related practice, protective devices, segregation suggestions, and examples of current dual practice web site displays and other marketing.

 

Saturday, July 5

8:30-10:10am 100 Minutes
“Spies” Evasion—When Does Failure to File Constitute Tax Evasion?
Speakers: David De Jong, LLM, CPA Moderator, David Klasing, Esq., CPA, The Honorable Dickran Revrizian, Retired Federal Judge, Assistant U.S.Attorney, Evan Davis, former Deputy Chief of IRS Criminal Investigation in US and Rick Speier, E.A.
This panel will discuss the following issues involving Spies Evasion: When does simple non-filing – a misdemeanor- covert over to felony income tax evasion because of the factors identified in Spies v. United States, 317 U.S. 492, 498-99 (1943)? How do these cases arise? How are they investigated? How does the IRS Criminal Investigation Division view them? How are these cases prosecuted? How does the Department of Justice and U.S. Attorneys view these cases? What actions can criminal tax defense attorneys take to defend a client investigated and prosecuted for Spies Evasion? How do federal judges view these cases in both the pre-indictment and post indictment phases? How do they sentence? How common are these cases? Are they on the rise?

 

1:30-2:20pm 50 Minutes
How Attorney-CPAs Get Hacked (and What You Can Do About It)
Speaker: Sherri Davidoff, GCFA,GPEN, Principal and Senior Security Consultant, LMG Security
Attackers use tools such as the Blackhole Exploit Kit to send phishing emails to attorney-CPAs, infect their computers, and steal assets. Organized crime groups around the world are targeting YOU in attempts to gain access to financial accounts, proprietary information and other valuable data. Watch a phishing attack in action and see what an infected computer does behind-the-scenes! We’ll show how attackers break into your computer, and then run through LMG’s 12-step security checklist so you can protect yourself and your company. 

 

2:40-3:30pm 50 Minutes
How to Find Digital Evidence that Nobody Knows About
Speaker: Sherri Davidoff, GCFA, GPEN, Principal and Senior Security Consultant, LMG Security
Digital evidence can make or break a case. Laptops, desktops, smartphones and network equipment can contain critical evidence that other attorney-CPAs may not even know about. What digital evidence may exist for your unique case, and how can you get it? In this seminar, we will discuss how you can identify digital evidence that may be obtainable, develop a strategy for obtaining key electronic evidence, and successfully navigate the digital evidence collection and analysis process.

 

Sunday, July 6

8:30-9:20am 50 Minutes
Secrets of Successful Families: Transferring Values with Wealth for a Lasting Legacy
Speaker: Justin T. Miller, J.D., LL.M., CFP® National Wealth Strategist
By integrating traditional wealth planning with a focus on family values and communication, families can create a legacy that will survive multiple generations. This program goes beyond just helping you to “prepare the money for your family” but also the more challenging question of “how do you prepare your family for the money?” This seminar will present the characteristics of successful families who have transferred their values– and wealth – to future generations.

 

 

9:25-10:15am 50 Minutes
Cancellation of Indebtedness—15 Exceptions to the Taxability Rule
Speaker: David S. De Jong, LLM, CPA, Stein Sperling Bennett De Jong Driscoll PC
The economic downturn and slow recovery resulted in billions of dollars of debt obligations which could not be repaid. Under the law, this relief from indebtedness is generally taxable. The program will examine the 15 exceptions to the general rule of taxability.