FMN - February Session : Virtual Meeting

You are invited to attend a virtual continuing education (CPE) event for accounting and finance professionals. The program allows you to earn four hours of CPE credit, keep up-to-date on accounting and finance issues, and network with other professionals.

Here are the February 2022 topics:
Current FATCA & CRS Updates
Field of Study: Taxes
Third-party information reporting has been shown to increase voluntary tax compliance, improve collections and assessments within the IRS, and thereby reduce the tax gap. Kelli Wooten, tax director at KPMG LLP, joins us this month and discusses the general reporting requirements under IRC section 6050W and Form 1099-K reporting, and Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons.

Retirement Planning – What You Need to Know About Qualified Retirement Plans
Field of Study: Accounting
There are certainly several types of qualified retirement plans available and it is often confusing for employers of different sizes to decide what would work best for their employees and their beneficiaries. A qualified plan is any plan that is described under Internal Revenue Code (“Code”) Section 401(a) and must satisfy the Code in both form and operation. David Peters, a tax practitioner and financial advisor for Peters Professional Education, discusses various qualified retirement plans – their benefits as well as their limitations.

Accounting for Share-Based Payments Part 1 – Overview
Field of Study: Accounting
Companies frequently use share-based payments to compensate both employees and nonemployees. They can often be used to incentivize performance. However, the accounting for these types of transactions can be quite challenging. Bruce Pounder, Executive Director of GAAP Lab, provides an overview of share-based payments and explains how they are accounted for.

Accounting for Share-Based Payments Part 2 – Complicating Conditions
Field of Study: Accounting
Share-based payments often come with strings attached. These kinds of conditions can complicate the accounting for share-based payments. An employee might be required to work a certain number of months to be entitled to stock options or a stock grant might be contingent on reaching a sales goal. Bruce Pounder, Executive Director of GAAP Lab, reviews these conditions and explains what you can do to manage the risks when making share-based payments.

Where?

Virtual from your home 

Login to your Kaplan account to access the virtual classroom at: https://fmn.smartpros.com 

Cost: $40.00 pay through PayPal: www.paypal.me/IMA112

Code of Conduct
These CPE sessions are conducted under the IMA's Global Core Values and IMA's Statement of Ethical Professional Practice. Adherence to these statements are required to participate in this event.

RSVP with contact person below: