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.