discover. share. succeed. - silverlodeconsulting.com · single day: oct. 29 – day 1 – course...

THE OHIOSOCIETY

OF CPAs

Discover.Share.Succeed. Oct . 29-30, 2014

OHIOACCOUNTING SHOWCLEVELAND

Join us for the 2014 Cleveland Accounting Show. This two-day event is your opportunity to earn up to 16 CPE credits, network with hundreds of peers, find business solutions with our many exhibitors and gain insight into the topics shaping the profession – today and tomorrow. This is an event you don’t want to miss!

• Customize your learning experience from a selection of 68 tax, A&A, financial planning, technology, and leadership sessions.

• Take advantage of two different opportunities to satisfy your three-hour professional standards requirement.

Expert information. Timely topics. Affordable CPE.

DATE: Oct. 29 - 30

LOCATION: I-X Center One I-X Center Drive Cleveland, Ohio 44135

TRACKS: 8

SESSIONS: 68

SPEAKERS: Industry thought leaders and experts

CPE CREDIT: 8 CPE hours per day

EXHIBITORS: Dozens with the latest business products and services

EXTRAS: Games, prizes, networking and fun!

Registration Rates Member Nonmember

Both Days: Course #46549 $399 / $449 $554 / $604

Single Day: Oct. 29 – Day 1 – Course #46550 Oct. 30 – Day 2 – Course #46551

Ethics Only: Day 1 – Ethics Course #47011 Day 2 - Ethics Course #47343

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*Register by Oct. 15 to take advantage of early registration savings. The registration form is located on the inside back cover.

HotelThe Society has reserved a block of sleeping rooms at:Sheraton Cleveland Airport Hotel 5300 Riverside DriveCleveland, OH 44135 Phone: 216-267-1500www.sheraton.com/airportcleveland

A preferred room rate of $89 is available for those who make a reservation by Oct. 13, 2014. Make your reservations by calling (216) 267-1500. Remember to indicate that you are with The Ohio Society of CPAs to obtain the preferred rate. Reservations requested after October 15 are based upon availability.

LocationI-X CenterOne I-X Center DriveCleveland, Ohio 44135Phone: (216) 676-6000www.ixcenter.com

Complimentary parking is available.

PLEASE NOTE: A shuttle runs between the hotel and the I-X Center. Be sure to inquire about the shuttle schedule at check-in.

It’s the 2014 Cleveland Accounting Show.

$269 / $319 $424 / $474

$189 / $239 $344 / $394

Ask the CoachRegister for a FREE 60-minute Q&A session with Janice Worthington, MA, CPRW, JCTC, CEIP, president, or Jeremy Worthington, CARW, JCTC, job search coach, of Worthington Career Services and OSCPA’s Career Coaches of choice. Take advantage of this opportunity to ask them questions on how to take your career to a higher level.

The 60-minute, private sessions are available both Oct. 29 and 30 and count towards your 8-credit CPE total for the day. Call CPAnswers at (888) 959-1212 to register for an appointment and learn more about how to succeed.

Register now for the 2014 Cleveland Accounting Show and get top-notch career building advice.

Attendee BreakfastArrive early on Wednesday, Oct. 29 and Thursday, Oct. 30 to register and share breakfast. Take this time to network and get ready for a day of rewarding CPE.

Meals and SnacksWednesday, Oct. 29Exhibit hall open: 7:00 a.m. – 3:00 p.m.Registration and Breakfast: 7:00 a.m. – 8:25 a.m.Lunch: 12:15 p.m. – 1:30 p.m.

Thursday, Oct. 30Exhibit hall open: 7:00 a.m. – 1:00 p.m.Registration and Breakfast: 7:00 a.m. – 8:10 a.m.Lunch: 12:00 p.m. – 1:00 p.m.

Show mobile siteVisit http://cleveland.ohioaccountingshow.com on your mobile device, tablet or computer to bookmark the site. With the mobile site you can: customize your agenda, access session presentations, take notes, and view a live feed of OSCPA’s social channels.

Exhibit HallFind cutting-edge solutions and ideas for your professional business needs from our 60+ exhibitors. Whether you need tax research, document management, insurance, or investment planning, the exhibit hall is the place to be! Bring plenty of business cards to share as you check out the latest technologies, products and services available. The exhibitors are also offering prizes, and if you play the OSCPA game you could win an iPad Air sponsored by Research Credit Group!

Social Media NetworkingGet social during the show on Facebook and Twitter. OSCPA staff and attendees will be talking on Facebook and Twitter (hashtag #OASCL) about what’s happening during the show. “Like” Ohio Accounting Show on Facebook and join the conversation!

Tax Technology Corporate Financial Planning

8:15–9:15 a.m. 1: Ohio Sales and Use Tax (TX)

Steven A. Dimengo, JD, CPA, MT

2: What Every Business Needs to Know About Mobility and BYOD (Bring Your Own Device) Strategies (SK)

Ken Klika

3: Finding “Affordability” in Patient Protection Afforable Care Act (PPACA) (SK)

David W. Stetler, JD, CLU

4: Fun and Games with Family Business Succession Planning (SK)

Gary A. Zwick, CPA, JD, LLM

9:50–10:50 a.m. 8: Ohio Tax Update (TX)

Steven A. Dimengo, JD, CPA, MT Richard B. Fry III, JD

9: How Information Security Will Impact Your Business: What Should You be Doing to Protect Your Organization? (SK)

John Branch

10: Financing Options and Opportunities With Your Bank (SK)

Dennis J. Boose

11: Fun and Games With Creative Retirement Plan Distribution Planning (TX)

Gary A. Zwick, CPA, JD, LLM

11:15 a.m.–12:15 p.m.

15: Historical Tax Credits for Real Estate Investments (TX)

Thomas M. Boccia, CPA

16: Office Cloud Showdown: Google Docs vs. Microsoft Office 365 (SK)

Ken Klika

17: Health Care Reform Today and Tomorrow: Strategic Considerations and Cost-Saving Options (SK)

Cindy BowmanAndrea Esselstein, JD

18: Legacy Trusts (TX)

Daniel R. Griffith, JDBrian Layman, JD, CPA

1:20–2:20 p.m. 22: The Essential Corporate Tax Update (TX)

Mark J. Patrick, CPA

23: Cloud Accounting Software: How to Choose Your Next Accounting System (SK)

Mark Goodson

24: Tips for Running a Successful Business (SK)

Jeffrey C. Susbauer, Ph.D.

25: The IRS’ New Strategy: Is it a Game Changer? (TX)

Missia H. Vaselaney, JD

2:45–3:45 p.m. 29: Federal Tax Update-Individual: Essential News for Tax Practitioners (TX)


30: IT Outsourcing: What Does That Mean and is it Right for My Business? (SK)

Ken Klika

31: Buying and Selling Closely-Held Businesses (TX)

James S. Aussem, JD, AEP

32: Portability: To DSUE or Not to DSUE That is the Question (TX)

Missia H. Vaselaney, JD

Oct. 29 - Schedule at a Glance

Concurrent Sessions8:15 a.m. – 9:15 a.m.

Session 1Ohio Sales and Use TaxStart your day off with a thorough review of Ohio’s sales and use tax. Join Steven A. Dimengo, JD, CPA, MT, shareholder, Buckingham, Doolittle & Burroughs, and learn how the latest developments can be applied to minimize taxes. Get information on trends in taxation for planning purposes and discover best practices that you can use to help your clients. (TX)

Session 2What Every Business Needs to Know About Mobility and BYOD (Bring Your Own Device) Strategies We all want the freedom and flexibility that mobility brings to our life. But how does the mobile movement impact the way we do business? Ken Klika, partner, director of network solutions, BCG Systems, explains how organizations are implementing BYOD policies, important security challenges,

current trends in mobile computing devices, and where technology is headed. Learn about applications that allow users to save time and enhance productivity. (SK)

Session 3Finding “Affordability” in Patient Protection Afforable Care Act (PPACA)If you’ve been wondering about the “affordable” part of the Affordable Care Act, David W. Stetler, JD, CLU, principal, Stetler Associataes, is ready to help you figure it out. Join him for a comprehensive review of the role of self-funded medical programs, learn about defined contribution strategies to balance health care costs, and see more about the implications of the current administrative rulings. (SK)

Session 4Fun and Games with Family Business Succession PlanningGary A. Zwick, CPA, JD, LLM, partner, Walter Haverfield LLP, shares creative techniques to help your clients with the succession planning process. Gary uses recent cases, trends, and anecdotal audit issues to explain

IRS attacks on various succession planning techniques, the financial aspects of each, and the effect new laws are having on the different succession planning techniques. (SK)


Session 5What Happened at WorldCom?! If you’re interested in an insider perspective about what happened at WorldCom, be sure to attend this session with Tom Wierimaa, CPA, Essential CFO. Get the technical details from the person who implemented the internal controls system and walk away with high-level lessons you can apply to your own career. (AA)

Session 6Leadership, Integrity and SuccessNorbert Lewandowski, CPA, MBA, sole practitioner, addresses the issue of managing and leading people. In this engaging session, he illustrates how integrity is key to how people view you as a leader and a person. He also

Track sponsored by:

Accounting & Auditing Leadership General/Ethics

8:25–9:25 a.m. 5: What Happened at WorldCom?! (AA)

Tom Wierimaa, CPA

6: Leadership, Integrity and Success (SK)

Norbert Lewandowski, CPA, MBA

7: Winners and Losers in Career Management (SK)

Janice Worthington, MA, CPRW, JCTC, CEIPJeremy Worthington, CARW, JCTC

10:00–11:00 a.m. 12: Financial Statement Fraud on the Rise (AA)

Leah Donti, CMA, MBA

13: Leadership is NOT Rocket Science! (SK)

Maureen E. Zappala

14: Long-Term Care Issues Related to Business Success Plans (SK)

Richard A. Myers, Jr., JD

11:30 a.m.–12:30 p.m.

19: 2014 Developments From the Private Company Council (AA)


20: Great Speakers Are Not Born. They’re Built! (SK)

Maureen E. Zappala

21: Legislative Update (TX)

Barbara Benton, CAEGregory Saul, Esq.

1:30–2:30 p.m. 26: A Closer Look at Changes Coming to Leases (AA)


27: 401(k) Update: IRS Increases Focus on Small 401(k) Plans (SK)

Victor Hicks II, CFP, AIF

28: Fundamentals of Ohio Accountancy Law (ET) (1:30 - 4:15 p.m.)

Steven Martin, JD, CPA, MBA

3:00–4:00 p.m. 33: Preparing for Peer Review (AA)

James P. Gero, CPA

34: Key Factors in Practice Value (SK)

Michael Sosinski, CPA Stephen Weldon

discusses the Seven C’s of Leadership and why they give us greater insight into the role of a leader. This session enables each attendee to walk away with the confidence and composure it takes to be a true leader. (SK)

Session 7Winners and Losers in Career ManagementWhether you’re in the market for a new job, a promotion, or you’re trying to land a new client, Janice Worthington, MA, CPRW, JCTC, CEIP, president, Worthington Career Services, and Jeremy Worthington, CARW, JCTC, job search coach, Worthington Career Services and Buckeye Resumes, are ready to help. They address what others do to get ahead, why your business development is stagnant, and how you can become the chosen one. (SK)


Session 8Ohio Tax Update Get updated on Ohio state and local taxes from Steven A. Dimengo, JD, CPA, MT, shareholder, Buckingham, Doolittle &

Burroughs, LLC and Richard B. Fry III, JD, associate, Buckingham, Doolittle & Burroughs, LLC. This session covers the latest developments and potential planning opportunities for Ohio sales and use tax, commercial activity tax, and personal income tax. Additionally, Steve and Rich review Ohio tax incentives that may be available to your clients, as well as municipal tax issues that businesses commonly encounter. (TX)

Session 9How Information Security Will Impact Your Business: What Should You be Doing to Protect Your Organization?Do you wonder what things you should be doing to protect your organization from security threats? Join John Branch, network engineer supervisor, BCG Systems, to learn what you need to do to mitigate and prevent information security loss, avoid downtime that impacts your productivity, and discover the biggest issues and techniques to overcome security challenges. Figure out how to get ahead in the security game and discover what should be on your radar. (SK)

Session 10Financing Options and Opportunities With Your BankBe prepared for success with your bank and increase your opportunity for success! Dennis J. Boose, vice president & manager – Business Banking Division, Dollar Bank, FSB, helps you understand what your bank is looking for from you and your business. He explains the importance of a business plan, loan terms and loan structuring, and why good communication is critical to your success. (SK)

Session 11Fun and Games With Creative Retirement Plan Distribution PlanningGary A. Zwick, CPA, JD, LLM, partner, Walter Haverfield LLP, shares creative techniques for you to use with your clients who are planning their retirement plan distribution. Gary uses recent cases, trends, and anecdotal audit issues to explain IRS attacks on various retirement plan distribution techniques, the financial aspects of each, and the effect new laws are having on the different techniques. (TX)


Session 12Financial Statement Fraud on the RiseFinancial statement fraud is one of the biggest challenges of the modern business world. Leah Donti, CMA, MBA, founder and president, Advantage Montreal Seminars, Inc., presents the most common techniques used in financial statement fraud. She also discusses inventory and cost of goods sold, fraud and present liability, and asset and inadequate disclosure frauds. (AA)

Session 13Leadership is NOT Rocket Science!While leadership isn’t rocket science, it is a complex process. And Maureen E. Zappala, owner of High Altitude Strategies, is going to make it easier. She offers simple techniques to build camaraderie, teaches five key character capacities team members need to have filled to flourish, and helps you use your influence and knowledge to boost your group’s productivity. (SK)

Session 14Long-Term Care Issues Related to Business Success PlansLong-term care is one of the hottest topics in the health care industry. Richard A. Myers, Jr., JD, principal, Richard A. Myers, Jr. and Associates, highlights the importance of including long term care insurance into business succession plans, discusses how the Ohio Partnership program is coupled with long-term care policies to protect business assets and personal wealth, and suggests wealth preservation strategies to implement prior to the onset of a disability. (SK)

Concurrent Sessions11:15 a.m. – 12:15 p.m.

Session 15Historical Tax Credits for Real Estate InvestmentsNew to historic tax credits for real estate investments? Join Thomas M. Boccia, CPA, partner, Novogradac & Company LLC, to gain an understanding of the basic requirements of the program. Learn how credits can subsidize the cost of a rehabilitation and the implications of Revenue Procedure 2014-12 with respect to structuring historic tax credit transactions. (TX)

Session 16Office Cloud Showdown: Google Docs vs. Microsoft Office 365As cloud adoption increases, the war between Google and Microsoft is heating up. There are many cloud options available, but do you want what’s good enough or the best tools available? Join Ken Klika, partner, director of network solutions, BCG Systems, to gain an understanding of the strengths of different solutions, discover the differentiators (including storage, security and privacy), and compare features such as user experience, document collaboration, and communication. (SK)

Session 17Health Care Reform Today and Tomorrow: Strategic Considerations and Cost-Saving OptionsThe Affordable Care Act has posed dramatic challenges with new risks and opportunities for employers offering health care benefits to employees and their families. Cindy Bowman, vice president and senior benefit consultant and Andrea Esselstein, JD, from Oswald Companies focuses on mobilizing new strategic initiatives, engaging employees and reiterating the value of your benefit plan(s). Your takeaways include a 2014-2015 timeline and list of compliance action items. (SK)

Session 18Legacy TrustsDaniel R. Griffith, JD, vice president, senior trust officer, Premier Bank Trust, and Brian Layman, JD, CPA, M.Tax, Attorney, Layman, D’Atri & Associates, LLC, provide a comprehensive look at Ohio’s new Domestic Asset Protection Trust, including common trust provisions and a review of clients who are appropriate candidates. They also share due diligence procedures and exempt creditors and review the updates to Ohio’s exemption statute. (TX)


Session 192014 Developments From the Private Company CouncilThe PCC is making headway to simplify U.S. GAAP for private companies. Leah Donti, CMA, MBA, founder and president, Advantage Montreal Seminars, Inc., presents the proposals the PCC has made and the ones that have been finalized as Accounting Standards Updates. Donti shares a simplified

impairment testing model and a simplified approach to hedge accounting for financial instruments. (AA)

Session 20Great Speakers Are Not Born. They’re Built!If you make presentations, are you aware that you can immediately become more effective? In this session, Maureen E. Zappala, owner, High Altitude Strategies, shares how to enhance any presentation to make it memorable and powerful. Learn how to structure your presentation, how to add vocal variety and how to use gestures and body language. Immediately improve your skills to become a rock star presenter! (SK)

Session 21Legislative UpdateOhio municipal income tax reform is a hot topic and is OSCPA’s top legislative priority. Barbara Benton, CAE, vice president for governmental affairs, and Gregory Saul, Esq., director of tax policy, both of The Ohio Society of CPAs, provide an update on what’s happening with municipal and state income tax reform, brief you on what to expect with Ohio’s upcoming elections, and let you know what’s happening in the state and U.S. capitols that will impact you. (TX)

Concurrent Sessions1:20 p.m. – 2:20 p.m.

Session 22The Essential Corporate Tax Update Don’t miss this comprehensive review of Corporate Federal Tax Developments during 2014. Join Mark J. Patrick, CPA, owner, Nichols Patrick CPE, Inc., for his “plain English” commentary and analysis that focuses on those items likely to be significant to CPAs serving businesses. Mark covers IRS initiatives, changes and phase-ins of new tax law, reviews new Treasury regulations, discusses court decisions that affect “average” taxpayers, and offers practice aids, checklists, examples and new forms. (TX)

Session 23Cloud Accounting Software: How to Choose Your Next Accounting SystemNew accounting systems can be the source of stress and headaches for those in charge of the task. Mark Goodson, partner, BCG Systems, is ready to help you avoid the headaches. He explains the difference between cloud and hosted software and why there isn’t a one-size-fits-all approach

Oct. 29 - Continued

to ERP/accounting software selection. Get a simple, four-step selection process to be used time-and-time again. (SK)

Session 24Tips for Running a Successful BusinessThis session with Jeffrey C. Susbauer, Ph.D., president, Growth Strategies, Inc., distills 40+ years of observing, researching, executing and consulting with hundreds of closely-held companies and is a compendium of what a business owner should do to become more successful. Learn the three “magic things” for success, discover why systems make or break a company, and develop a successful exit strategy. (SK)

Session 25The IRS’ New Strategy: Is it a Game Changer?Missia H. Vaselaney, JD, partner, Taft Stettinius & Hollister LLP, leads this discussion of the IRS’s new Global High Wealth Examinations Strategy. She walks you through the entire complex web of business entities controlled by a high wealth individual on a unified basis. Will the IRS’ new strategy lead to more audits of estate, gift and income tax returns? Find out in this engaging and insightful session. (TX)


Session 26A Closer Look at Changes Coming to LeasesIn May 2013, FASB re-exposed the Lease Exposure draft. Every company has a lease. The revised exposure draft will dramatically change the balance sheet and income statement presentation. Presenter Leah Donti, CMA, MBA, founder and president, Advantage Montreal Seminars, Inc., focuses on presenting the changes in the revised edition, covering leases both for lessees and lessors and providing examples of the impact. (AA)

Session 27401(k) Update: IRS Increases Focus on Small 401(k) PlansIn 2013, the IRS announced plans to “foster greater compliance” in the 401(k) plan market. Small employers have limited internal controls for audit preparedness creating a great planning opportunity for CPAs. Victor Hicks II, CFP, AIF, managing principal, Lumin Financial LLC, brings clarity to the discussion with topics such

as: fiduciary duties, audit preparedness, assessing plan fees, and monitoring service providers. (SK)

Session 28Fundamentals of Ohio Accountancy Law (1:30-4:15 p.m.)This session, led by Steven Martin, JD, CPA, MBA, owner, MDS CPA Review, satisfies the Accountancy Board of Ohio’s three-credit hour professional standards requirement as part of the 120 credits that CPAs must obtain each reporting period. It also satisfies the ABO’s requirement to become a CPA. This course is presented through lecture and group participation using short ethical dilemmas. It is recommended for any professional seeking an update on recent changes in Ohio accountancy laws and rules, and implications of Ohio case law and will cover the unique legal and regulatory requirements in Ohio. (ET)


Session 29Federal Tax Update-Individual: Essential News for Tax PractitionersDon’t miss this comprehensive review of federal tax developments. Join Mark J. Patrick, CPA, owner, Nichols Patrick CPE, Inc., for his “plain English” commentary and analysis focusing on items of interest to CPAs serving individuals. Mark reviews new tax laws, new Treasury regulations, revenue procedures and revenue rulings; covers court decisions that affect “average” taxpayers;, and discusses IRS initiatives. He also provides practice aids, checklists and more. (TX)

Session 30IT Outsourcing: What Does That Mean and is It Right for My Business?In today’s market, business owners are faced with important decisions they must make on a daily basis in order to grow. Should you outsource certain functions of the business or hire internally? Join Ken Klika, partner, director of network solutions, BCG Systems, for a discussion on ways to relieve IT headaches, reduce risk and instability, and ways to unlock value from your outsourcing relationship. (SK)

Session 31Buying and Selling Closely-Held BusinessesBaby boomers are selling their businesses as they seek liquidity. James S. Aussem, JD, AEP, shareholder, Cavitch Familo & Durkin Co., LPA, walks you through the key elements to address when disposing of a business, including structure and tax implications. He also examines the technical aspects of a typical sales or purchase agreement with emphasis on the accounting/tax advisor’s role. (TX)

Session 32Portability: To DSUE or Not to DSUE that is the QuestionWhen it comes to portability, it seems the question is: to DSUE (deceased spousal unused exclusion) or not to DSUE. Join Missia H. Vaselaney, JD, partner, Taft Stettinius & Hollister LLP, as she reviews the advantages of relying on the portability election, the disadvantages of portability, and if portability should be used as a proactive estate planning strategy or just as a fail-safe. (TX)


Session 33Preparing for Peer ReviewPreparing for a peer review? James P. Gero, CPA, shareholder, Hobe & Lucas Certified Public Accountants, Inc., has the information you need on the recent peer review legislation and what you can expect from the Board of Accountancy. Learn the basics, including: quality control standards and to whom they apply, common findings, the risk and engagement selection process, scheduling, and finding a reviewer. (AA)

Session 34Key Factors in Practice ValueAre you considering the sale, merger or purchase of a CPA firm or accounting and tax practice? Michael Sosinski, CPA, president, and Stephen Weldon, vice president, both with Accounting Practice Sales, highlight things to consider whether you are a practice owner planning to sell one day or if you are looking to buy or expand an existing practice. (SK)

Tax Technology Corporate Financial Planning

8:00-9:00 a.m. 35: The Essential Corporate Tax Update (TX)


36: Transferring Costs/Damages of a Data Breach Via Insurance Products (SK)

David S. Souders

37: Negotiated Economic Incentives Overview and Update (TX)

Sarah Risher

38: Income Tax as a Springboard to Personal Financial Planning (TX)

Michael Livesay, CPA/PFS

9:30–10:30 a.m. 42: Federal Tax Update-Individual: Essential News for Tax Practitioners (TX)


43: Social Media 102: How to Manage It So It Doesn’t Manage You (SK)

Tina Hamrick

44: Health Care for Small Companies: What You Need to Know (SK)

John Wain, CPA (inactive)

45: Estate and Retirement Planning Opportunities (TX)


11:00 a.m.–12:00 p.m.

49: FBAR/FATCA Update (TX)

Matthew F. Kadish, Esq., LLM

50: Technology Potpourri (SK)

Chris Jenkins, CAE, CISSP, CCNA, MCSE

51: Motivating People Without Throwing Money at Them (MG)

Mark Fiala, MBA, CEBS, SPHR

52: Investment, Insurance and Comprehensive Planning (SK)


1:00–2:00 p.m. 56: Retirement Plan Update (Pension and 401(k) Overview and Update) (TX)

Richard Naegele, JD, MA

57: A Paradigm Shift: The Impact of Data Automation on the Accounting Industry (SK)

Joe Woodard

58: Preparing Managers to Be Leaders (MG)

Mark Fiala, MBA, CEBS, SPHR

59: Why Now Is the Best Estate Planning Time Ever…Really! (TX)Ronald F. Wayne, JDDavid W. Woodburn, JD

2:15–3:15 p.m. 63: Helping Your Clients Negotiate With Taxing Authorities (TX)

Roger Stewart, JD, CPA

64: QuickBooks at Tax Time (SK)

Joe Woodard

65: Retirement Plan Choices (TX)

Richard Naegele, JD, MA

66: Financial Planning for Women (SK)

Molly Balunck, CFP, AEP

Oct. 30 - Schedule at a Glance


Session 35The Essential Corporate Tax Update Don’t miss this comprehensive review of Corporate Federal Tax Developments during 2014. Join Mark J. Patrick, CPA, owner, Nichols Patrick CPE, Inc., for his “plain English” commentary and analysis that focuses on those items likely to be significant to CPAs serving businesses. Mark discusses IRS initiatives, changes and phase-ins of new tax law, covers new Treasury regulations, discuss court decisions that affect “average” taxpayers, and shares practice aids, checklists, examples and new forms. (TX)

Session 36Transferring Costs/Damages of a Data Breach Via Insurance ProductsJoin David S. Souders, commercial insurance broker, Todd Associates, Inc., for a timely presentation on data breach risk transfer via insurance products. Learn about the various forms of insurance typically carried by accounting firms and how coverage may be provided under each type of policy. Zero in

on what you need to look for when assessing data breach expense/cyber liability coverage. (SK)

Session 37Negotiated Economic Incentives Overview and UpdateSarah Risher, senior consultant, Silverlode Consulting, has an informative session designed to help you identify activities that could be eligible for negotiated economic and tax incentives. She discusses commonly used forms of state and local negotiated economic incentives, the programs available from the both the State of Ohio and local communities, and trends in their use, emphasis on incentive compliance. (TX)

Session 38Income Tax as a Springboard to Personal Financial PlanningThis strategic session, led by Michael Livesay, CPA/PFS, partner, Weidrick Livesay Mitchell & Burge LLC, helps you better understand how to use your client’s tax return to gain a snapshot of their current financial situation and begin to develop a closer relationship to cover all of their financial planning needs, including tax, retirement,

estate, investments and insurance. Gain insight on the key issues to consider as you prepare, review and discuss individual tax returns with your clients. (TX) [Session led by AICPA]


Session 39Nonprofit FASB UpdateNonprofits are facing increasing regulatory requirements. Brandon Miller, CPA, principal, HW&Co., reviews the current status of FASB Nonprofit Advisory Committee (NAC) project, including proposed changes to Statement of Financial Position, Statement of Activities and Statement of Cash Flow. He also covers other nonprofit financial statement and footnote proposed changes. (AA)

Accounting & Auditing Emerging Issues General/Ethics

8:10-9:10 a.m. 39: Nonprofit FASB Update (AA)

Brandon Miller, CPA

40: Tips and Techniques on Building a Stronger Professional Network (PD)

Peter Margaritis, CPA

41: Alternative Investments in IRAs and Qualified Plans (TX)

Jason DeBono

9:40–10:40 a.m. 46: Accounting Update (AA)

Peter Margaritis, CPA

47: Choice of Business Entity (TX)

Michael Solomon, JD

48: Give Your Practice a Boost With Social Security Consulting (SK)

Marc Kiner, CPA

11:10 a.m.–12:10 p.m.

53: Update on Auditing Standards (AA)

Michael Glynn, CPA, CGMA

54: Washington Developments and Tax Legislative Outlook (TX)

Jeffrey H. Paravano, JD, Jeff Erney, JD, and John Lehrer, JD

55: Thinking Outside the Box: How to Maximize Your Clients’ Spousal Social Security Benefits (SK)

Marc Kiner, CPA

1:00–2:00 p.m. 60: Standards for Financial Statement Preparation, Compilation, and Review (AA)

Michael Glynn, CPA, CGMA

61: Shedding Some Light on the R&D Tax Credit (TX)

Ron Antal, CPA, MST, CGMA

62: Professional Standards and Responsibilities – Ethics: Resources, Rules & Reminders (ET) (1:00 - 3:45 p.m.)

Jerry Esselstein, CPA

2:30–3:30 p.m. 67: Fraud Prevention (AA)

Judy R. Murtha

68: Small Businesses Entering Foreign Markets (SK)

Frank P. Nagorney, JD, John O. Storey, JD, and Robert M. Humphrey, JD, LLM

Session 40Tips and Techniques on Building a Stronger Professional NetworkNetworking takes time, energy and commitment. Peter Margaritis, CPA, chief edutainment officer, The Accidental AccountantTM, not only helps you identify new opportunities to create an entrepreneurial network, but also teaches you to use the tools to increase and strengthen your professional network. (PD)

Session 41Alternative Investments in IRAs and Qualified PlansDo you or your clients have questions about holding alternative assets, including real estate within a retirement account? Jason DeBono, vice president, NuView IRA, reviews court cases that provide insight into IRS prohibited transaction guidelines and provides a brief overview of Unrelated Business Income Tax and its application to retirement accounts. Gain a clear understanding of the new IRS requirements for reporting IRA assets and distributions as well as tax liabilities that may be incurred by a retirement plan. (TX)


Session 42Federal Tax Update-Individual: Essential News for Tax PractitionersDon’t miss this comprehensive review of federal tax developments. Join Mark J. Patrick, CPA, owner, Nichols Patrick CPE, Inc., for his “plain English” commentary and analysis focusing on items of interest to CPAs serving individuals. Mark reviews new tax laws, new Treasury regulations, revenue procedures and revenue rulings; covers court decisions that affect “average” taxpayers; and, discusses IRS initiatives. He also offers practice aids, checklists and more. (TX)

Session 43Social Media 102: How to Manage It So It Doesn’t Manage YouAre you managing your organization’s social media? Or is it managing you? Tina Hamrick, president, Boutique IT Solutions, shares her best practices and uses for social media from the next steps to take after setting up accounts to the best strategies for your business needs. (SK)

Session 44Health Care for Small Companies: What You Need to KnowJoin John Wain, CPA (inactive), principal, The Alpha Group Agency, Inc., and learn about health care information for companies with 50 or less employees. Wain covers regulatory issues in offering coverage, specifics on grandfathered/grandmothered plans, and renewal pricing models in this timely session. (SK)

Session 45Estate and Retirement Planning OpportunitiesAre your clients prepared for a comfortable retirement? Do they understand the retirement three-legged stool? Whether you provide estate planning advice or collaborate with other advisors, it is important to ensure your clients’ issues are identified and addressed to protect them and their loved ones and to successfully meet their financial planning goals. This session, featuring Michael Livesay, CPA/PFS, partner, Weidrick Livesay Mitchell & Burge LLC, provides an overview of tax considerations in estate planning and some basic principles to follow in retirement planning. (TX) [Session led by AICPA]


Session 46Accounting UpdateAcquire a broad overview of the accounting profession and the major issues it faces today. In this session, Peter Margaritis, CPA, chief edutainment officer, The Accidental AccountantTM, covers the recent issues surrounding the financial reporting framework for small and medium-sized entities, FASB’s ongoing projects and the Private Company Council. This session is designed to leave you prepared for the challenges in accounting and auditing ahead. (AA)

Session 47Choice of Business Entity Discover the impact of new tax laws on choice of entity issues with Michael Solomon, JD, partner, Budish, Solomon, Steiner & Peck, Ltd. This session reviews the 3.8% “Net Investment Income Tax,” non-tax issues in choice of business entities and also provides a broad overview of the practical aspects to consider when dealing with choice of entity for smaller businesses. (TX)

Session 48Give Your Practice a Boost With Social Security ConsultingEach day in the U.S., 10,000 people turn 65. Learn how you can use Social Security to grow your practice. In this session, Marc Kiner, CPA, partner, Premier Social Security Consulting, LLC, teaches you the basics about Social Security along with the various marketing strategies to grow your practice. Learn the top five marketing strategies along with the top five marketing blunders. (SK)


Session 49FBAR/FATCA UpdateForeign account reporting and disclosures continue to be one of the IRS’s highest enforcement priorities and foreign financial institutions will soon be issuing the equivalent of 1099s for their U.S. account holders, making detection by the IRS highly likely. Join Matthew F. Kadish, Esq., LLM, partner, Kadish Hinkel & Weibel, to find out what you and your clients need to know now about the provisions of the Foreign Account Tax

Compliance Act and Report of Foreign Bank and Financial Accounts, instead of waiting for the IRS. (TX)

Session 50Technology PotpourriIt’s everything tech you need to know. Chris Jenkins, CAE, CISSP, CCNA, MCSE, chief information officer, The Ohio Society of CPAs, highlights current trends shaping the future of technology and reviews some of the big developments in the worlds of security, mobile and Windows. Discover how technology will benefit your practice and how to stay ahead of the curve. (SK)

Session 51Motivating People Without Throwing Money at ThemMany managers think the only way to motivate employees is to pay them. But, in reality, money is consistently shown to be far down on the list of motivators. You can improve morale and enhance productivity with no-cost strategies that you can implement today. Join Mark Fiala, MBA, CEBS, SPHR, president, Organizational Architecture, Inc., to learn how to motivate your team. (MG)

Session 52Investment, Insurance and Comprehensive PlanningWhether you provide investment or risk management planning advice to your clients or collaborate with other advisors, it’s important to ensure your clients’ issues are identified and needs properly addressed to successfully meet and protect their financial planning goals. In this session, Michael Livesay, CPA/PFS, partner, Weidrick Livesay Mitchell & Burge LLC, discusses key considerations regarding investments, including risk tolerance and working with other advisors. He also helps you identify, assess, and propose insurance solutions. (SK) [Session led by AICPA]


Session 53Update on Auditing StandardsMichael Glynn, CPA, CGMA, senior technical manager – Audit & Attest Standards, AICPA, leads attendees through the current standards for audit engagements. Learn about the changes and what auditors will

have to do to perform their engagements in accordance with GAAP, proposed changes to standards for attestation engagements, and what is on the horizon for auditing standard setting. (AA)

Session 54Washington Developments and Tax Legislative OutlookGet an update on tax legislation for the next 12 months and post-election with Jeffrey H. Paravano, JD, managing partner, Baker & Hostetler LLP and his partners Jeff Erney, JD and John Lehrer, JD. Learn about the tax legislative outlook, international tax reform, movement toward a territorial corporate tax system, lower corporate tax rates and individual tax simplification. (TX)

Session 55Thinking Outside the Box: How to Maximize Your Clients’ Spousal Social Security BenefitsMore than 90% of all Social Security recipients don’t maximize their benefits. Marc Kiner, CPA, partner, Premier Social Security Consulting, LLC, discusses the intricacies to spousal benefits. He explains how to compute the “true” spousal benefit and the strategies available to spouses. Topics include, Primary Insurance Amount, Government Pension Offset, Delayed Retirement Credits, Annual Earnings Test and Independently Entitled Divorced Spouse. (SK)


Session 56Retirement Plan Update (Pension and 401(k) Overview and Update)Join Richard Naegele, JD, MA, attorney & shareholder, Wickens Herzer Panza Cook & Batista, to review recent changes impacting retirement plans. He reviews the IRS requirement that virtually all 401(k) plans must be restated within the next two years and discusses service provider and participant fee disclosure requirements. He also covers cases invalidating DOMA, expanding fiduciary requirements for ESOPs, restricting IRA rollovers, and limiting creditor protection for inherited IRAs. (TX)

Session 57A Paradigm Shift: The Impact of Data Automation on the Accounting IndustryA massive paradigm shift is occurring and accounting firms are reinserting themselves into their clients’ bookkeeping processes.

Oct. 30 - Continued

During this cutting edge session, Joe Woodard, CEO, Woodard Events, describes this shift and analyzes the technology driving it, especially those technologies that streamline workflow and automate data entry. Learn how technologies are changing the future of small business accounting by streamlining, or even eliminating, transaction data entry. (SK)

Session 58Preparing Managers to Be LeadersCompanies that integrate coaching behaviors into their supervisors’ job duties are more effective at driving outstanding performance, and expectations are met and exceeded. Join Mark Fiala, MBA, CEBS, SPHR, president, Organizational Architecture, Inc., to discover which leadership behaviors are critical, and how to apply the F.O.C.U.S. coaching method and adult learning principles for optimal performance. Learn through role playing and modeling to reinforce the coaching concepts. (MG)

Session 59Why Now Is the Best Estate Planning Time Ever…Really!After recent legislative changes, Ohio has moved to the forefront of progressive estate planning states. With no estate tax and high federal estate exemptions, Ohio estate planning now largely focuses on minimizing income taxes. Join Ronald F. Wayne, JD, shareholder, and David W. Woodburn, JD, both of Buckingham, Doolittle & Burroughs, LLC, for an overview of Ohio laws governing asset protection trusts, wholly discretionary trusts, powers of attorney, decanting, the Ohio Trust Code and more. (TX)

Session 60Standards for Financial Statement Preparation, Compilation, and ReviewMichael Glynn, CPA, CGMA, senior technical manager – Audit & Attest Standards, AICPA, joins us to provide a review of changes to standards for accountants who prepare financial statements or are engaged to perform a compilation or a review on financial statements. Attendees will learn all about the new standard for financial statement preparation and when the new standard applies. (AA)

Session 61Shedding Some Light on the R&D Tax CreditEvolving law has opened new R&D credit markets. Learn how your clients can take advantage in this session with Ron Antal, CPA, MST, CGMA, managing director, RCG: Research Credit Group. Learn about the four-part test and how to spot qualifying activities, how to maximize credits by qualifying and quantifying research expenditures and what major mistakes to avoid when claiming R&D tax credits. (TX)

Session 62Professional Standards and Responsibilities – Ethics: Resources, Rules & Reminders (1:00-3:45 p.m.)Many factors test the CPA profession. Are we meeting the challenges of today? If you need to fulfill your three-hour professional standard requirement, don’t miss this session with Jerry Esselstein, CPA, owner, Jerry L. Esselstein Company LLC. Designed for all CPAs licensed to practice in Ohio, Jerry will present resources and tools available to CPAs to maintain an ethical course and positively influence the behavior of clients and employers. This program also satisfies the ABO’s requirement to become a CPA. (ET)


Session 63Helping Your Clients Negotiate With Taxing AuthoritiesHow can you help your client obtain better results with negotiating with tax authorities? Join Roger Stewart, JD, CPA, principal, McCarthy, Lebit, Crystal & Co. L.P.A, as he shares ideas to minimize added taxes and penalties, build the record for issue resolution at appeals and/or court, and reduce CPA exposure for malpractice. Learn to evaluate the risks of different approaches and how to respond to government requests. (TX)

Session 64QuickBooks at Tax TimeClients’ QuickBooks data is ready for you to use when preparing your clients’ income tax returns. This session with Joe Woodard, CEO, Woodward Events, identifies and corrects the top 10 mistakes clients make in QuickBooks. Get proactive steps you can take to keep client data accurate throughout the year, streamlining both income tax return preparation and periodic financial statement preparation. (SK)

Session 65Retirement Plan ChoicesSince virtually all 401(k) Plans must be restated within the next two years, now is the time to review the advantages and disadvantages of different types of tax-qualified retirement plans and discuss plan modifications with your clients. Richard Naegele, JD, MA, attorney and shareholder, Wickens Herzer Panza Cook & Batista, provides you with an overview and comparison of various types of retirement plans. (TX)

Session 66Financial Planning for WomenStatistically, women outlive their husbands, making it likely that 95% of women will be their family’s primary decision-maker at some point in their lives. How should advisors adapt to retain and better service female clients? Molly Balunck, CFP, AEP, president, Laurel Tree Advisors, offers a list of planning topics to cover, methods of communication and insight into what is different about advising women. (SK)


Session 67Fraud PreventionThe first 24 hours after a fraud are critical in minimizing your company’s loss. Judy R. Murtha, director of treasury management/senior vice president, Dollar Bank, explains how fraud is occurring today and helps you create a plan to review your operational procedures and tighten up controls. Judy also discusses how regulators are requiring banks to increase their monitoring of suspicious activity in accounts. (AA)

Session 68Small Businesses Entering Foreign MarketsAre your clients looking outside the United States for current and future growth? Join Frank Nagorney, JD, John Storey, JD, and Robert Humphrey, JD, partners, Cowden & Humphrey Co., LPA, and learn best practices in conducting international business. Topics include protecting intellectual property, U.S. export assistance programs, joint ventures and the tax treatment of foreign operations. You’ll also get an overview of The Foreign Corrupt Practices Act. (SK)

Exhibitors provide valuable business solutions.Take time during the show to visit with our many exhibitors. They offer a wide range of business services and solutions designed to help you grow your business. To learn more, visit the Ohio Accounting Show on Facebook, www.facebook.com/OhioAccountingShow.

Brockman Coats Gedelian & Co

Grover Rutter CPA ABV CVA BVAL Mergers Acquisitions &

Valuations

Payroll4free.com

Quantitax

TAX AND ACCOUNTING

DAY 18:15-9:15 a.m. 1: Ohio Sales and Use Tax 2: What Every Business Needs to

Know About Mobility and BYOD (Bring Your Own Device) Strategies

3: Finding “Affordability” in PPACA 4: Fun and Games With Family

Business Succession Planning

8:25-9:25 a.m. 5: What Happened at WorldCom?! 6: Leadership, Integrity and Success 7: Winners and Losers in Career

Management

9:50-10:50 a.m. 8: Ohio Tax Update 9: How Information Security Will

Impact Your Business 10: Financing Options and

Opportunities With Your Bank 11: Fun and Games with Creative

Retirement Plan Distribution Planning

10:00-11:00 a.m. 12: Financial Statement Fraud on the

Rise 13: Leadership is NOT Rocket Science! 14: Long-Term Care Issues Related to

Business Success Plans

11:15-12:15 p.m. 15: Historical Tax Credits for Real

Estate Investments 16: Office Cloud Showdown: Google

Docs vs. Microsoft Office 365 17: Health Care Reform Today and

Tomorrow 18: Legacy Trusts

11:30-12:30 p.m. 19: 2014 Developments From the

Private Company Council 20: Great Speakers are Not Born.

They’re Built! 21: Legislative Update

1:20-2:20 p.m. 22: The Essential Corporate Tax

Update 23: Cloud Accounting Software: How

to Choose Your Next Accounting System

24: Tips for Running a Successful Business

25: The IRS’ New Strategy: Is it a Game Changer?

1:30-2:30 p.m. 26: A Closer Look at Changes Coming

to Leases 27: 401(k) Update: IRS Increases Focus

on Small 401(k) Plans 28: Fundamentals of Ohio

Accountancy Law (1:30-4:15 p.m.)

2:45-3:45 p.m. 29: Federal Tax Update-Individual 30: IT Outsourcing: What Does

That Mean and Is It Right for My Business?

31: Buying and Selling Closely-Held Businesses

32: Portability: To DSUE or Not to DSUE That Is the Question

3:00-4:00 p.m. 33: Preparing for Peer Review 34: Key Factors in Practice Value

DAY 2 8:00-9:00 a.m. 35: The Essential Corporate Tax

Update 36: Transferring Costs/Damages

of a Data Breach Via Insurance Products

37: Negotiated Economic Incentives Overview and Update

38: Income Tax as a Springboard to Personal Financial Planning

8:10-9:10 a.m. 39: Nonprofit FASB Update 40: Tips and Techniques on Building a

Stronger Professional Network 41: Alternative Investments in IRAs and

Qualified Plans

9:30-10:30 a.m. 42: Federal Tax Update-Individual:

Essential News for Tax Practitioners

43: Social Media 102: How to Manage It So It Doesn’t Manage You

44: Health Care for Small Companies: What You Need to Know

45: Estate and Retirement Planning Opportunities

9:40-10:40 a.m. 46: Accounting Update 47: Choice of Business Entity 48: Give Your Practice a Boost With

Social Security Consulting

11:00-12:00 p.m. 49: FBAR/FATCA Update 50: Technology Potpourri 51: Motivating People Without

Throwing Money at Them 52: Investment, Insurance and

Comprehensive Planning

11:10-12:10 p.m. 53: Update on Auditing Standards 54: Washington Developments and

Tax Legislative Outlook 55: Thinking Outside the Box: How to

Maximize Your Clients’ Spousal Social Security Benefits

1:00-2:00 p.m. 56: Retirement Plan Update (Pension

and 401(k) Overview and Update) 57: A Paradigm Shift: The Impact

of Data Automation on the Accounting Industry

58: Preparing Managers to Be Leaders 59: Why Now is the Best Estate

Planning Time Ever…Really! 60: Standards for Financial Statement

Preparation, Compilation, and Review

61: Shedding Some Light on the R&D Tax Credit

62: Professional Standards and Responsibilities – Ethics: Resources, Rules & Reminders (1:00-3:45 p.m.)

2:15-3:15 p.m. 63: Helping Your Clients Negotiate

With Taxing Authorities 64: QuickBooks at Tax Time 65: Retirement Plan Choices 66: Financial Planning for Women

2:30-3:30 p.m. 67: Fraud Prevention 68: Small Businesses Entering Foreign

Markets

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Make check payable to: The Ohio Society of CPAs (mail)

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OCT. 30: Course #46551 $269 / $319 $424 / $474

ETHICS ONLY OCT. 29: Course #47011 $189 / $239 $344 / $394

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Cleveland Accounting Show RegistrationGo online to pick your sessions at store.ohiocpa.com and enter course #46549 in the keyword field, mail registration form and check to The Ohio Society of CPAs, 535 Metro Place South, P.O. Box 1810, Dublin, OH 43017-7810 or call CPAnswers, your member service center, at (888) 959-1212.

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