RKL’s Annual Tax and A&A Update | RKL LLP

RKL’s Annual Tax and A&A Update

Register Now to Be Part of the Region's Most Anticipated CPE Event

Tuesday, December 6, 2016
7:00 am - 5:30 pm

Lancaster County Convention Center
25 South Queen Street, Lancaster, PA 17603

Get six free CPE credits!

Business owners and executives from throughout Pennsylvania attend our annual seminar to get the latest updates in tax, accounting and the economic landscape so that they are better positioned for success in the following year. We provide all of the key information you will need in just one day. Plus you get seven free CPE credits!

Registration is now closed for this event. Questions? Contact Flame Vo.

This year’s seminar agenda includes:

7:00 a.m. – 8:00 a.m.: Registration and Continental Breakfast

8:00 a.m. – 11:00 a.m.: Tax Updates (CPE: 3 tax credits)

  • Potential Tax Legislation in the Post Election Era
    Robert Gratalo, CPA, MST, Partner, RKL Tax Services Group
    Attendees of this session will be able to identify anticipated tax legislation changes coming out of the 2016 election.
  • Individual Tax Updates
    Robert Berkebile, CPA/PFS, CFP®, Partner, RKL Tax Services Group
    Scott Myers, CPA, CSEP, Manager, RKL Tax Services Group
    Participants in this session will be able to describe current and anticipated tax updates that impact filing their personal returns as well as the tax implications as they relate to estate and gift tax planning.
  • Business Tax Updates
    Thomas Kauffman, CPA, Partner, RKL Tax Services Group
    Jason Skrinak, CPA, Leader of RKL’s State and Local Taxes (SALT) Practice
    Attendees of this session will be able to identify the latest and anticipated upcoming tax pronouncements and how they will affect their business in the coming year.

11:00 a.m. – Noon: It’s Finally Over: Now The Transition and Governing Begins (CPE: 1 specialized knowledge credit)
Dr. G. Terry Madonna, Director of the Center for Politics and Public Affairs at Franklin and Marshall College

Dr. G. Terry Madonna is a nationally recognized political pollster and commentator. Dr. Madonna will analyze the political dynamic in the nation and the state. Plus Dr. Madonna will examine presidential transitions and the challenges faced by the incoming administration. Attendees will gain insights into the political environment the new president faces.

Noon – 1:00 pm: Lunch

1:00 p.m. – 4:00 p.m. Accounting Updates (CPE: 3 A&A credits)

  • FASB/PCC Update
    Michael Cheng, Private Company Council (PCC) Coordinator
    Michael will discuss the goals and accomplishments of the PCC and general accounting and auditing updates for 2017, including current projects such as FI hedging, goodwill impairment, clarifying definition of a business, liabilities and equity, and debt classification, among others. Attendees will be able to describe how these updates may affect their organization.
  • Lease Regulations
    Nicholas Hoefel, CPA, Manager, RKL Audit Services Group
    February 2016 saw the issuance of FASB’s final guidance on financial accounting and reporting for leases. As a major update to accounting rules for most commonly used lease arrangements, a detailed understanding of the requirements and advanced planning with stakeholders will be key to successful implementation in 2020. Attendees will be able to identify a lease, significant contract components and classification attributes. Attendees will also gain an understanding of the main financial accounting and reporting implications at inception and throughout the lifecycle of a lease.
  • Governmental Accounting Standards Update
    Mark Zettlemoyer, CPA, CFE, Partner, RKL Audit Services Group
    Jill Gilbert, CPA, CGMA, Partner, RKL Audit Services Group
    Whether you are a governmental entity, business enterprise or private citizen, changes in governmental accounting standards impact everyone. Significant changes in governmental accounting standards require governmental entities to more completely track and record assets and liabilities providing more accurate financial information. Significant changes now require additional off balance liabilities to be recorded by governmental entities. These new changes impact costs which are ultimately passed on to taxpayers. Attendees of this session will be able to understand and summarize significant changes in governmental accounting standards that would impact them or their business.
  • Revenue Recognition
    James Pruzinsky, CPA, Partner, RKL Audit Services Group
    Jim will provide an overview of the Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) 2014-09, including its scope, core principle and key steps. Attendees of this session will be able to determine how their organization’s accounting policies may be affected by the new guidance.

Additional Information:

Continuing Professional Education (CPE) Credits: This seminar qualifies for 3 tax, 3 A&A and 1 specialized knowledge credit.

Prerequisites: There are no prerequisites for this seminar.

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group-Live

Cancellations, outside of unforeseen circumstances, are requested by December 2, 2016.

For information regarding our complaint policy contact RKL’s HR department at 717.394.5666.

RKL is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE Credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.learningmarket.org.