Cost: $40 (check made out to "IMA" or cash); pay at event
Food: Full breakfast and lunch included in the cost
Dress Code: Casual
Here are the October 2018 topics:
What Role Should Internal Controls Perform in Governance?
Field of Study: Auditing
Financial professionals must increasingly exercise their judgment and skill over a wide range of pressing issues. But without internal controls, it would be extremely difficult for most business enterprises – especially those with numerous locations and processes – to prepare timely and reliable financial reports. According to Ron Kral, practice leader for SEC compliance and internal auditing services at Kral Ussery LLC, an effective system of internal control over financial reporting can substantially reduce the risk of misstatements and inaccuracies in a company’s financial statements
Economic Sanctions: How You Can Avoid the Penalties
Field of Study: Management Services
Economic sanctions are increasingly being used by the U.S. and other powerful nations to try to alter the behavior of those regimes that threaten their interests or that violate international norms of behavior. Tahlia Townsend, an international trade compliance counsellor and a partner in the law firm of Wiggin and Dana LLP, explains how U.S. and multinational enterprises operating in the global market can avoid the compliance challenges and monetary penalties, as well as the reputation damages, stemming from the imposition of economic sanctions.
What You Can Do to Enhance Accounting and Auditing Quality
Field of Study: Auditing
For many years, the accounting profession has been aware that the users of financial statements may not fully understand the intended communications contained in, or the level of assurance that can be derived from, the auditor’s report. At the same time, auditors are under a microscope to ensure they are achieving a high-quality review of the systems of internal control and financial reporting. Collemi Consulting & Advisory Services’ Salvatore Collemi provides us with a prescription for making the accountant’s work, as well as the auditor’s report, more relevant and useful.
Federal Business Taxes: Developments and Controversies
Field of Study: Taxes
Besides focusing on the guidance that is needed to implement the Tax Cuts and Jobs Act, the IRS has also selected this year’s newest compliance priorities for large and international businesses. From the perspective of Edward Zollars, a partner in Thomas, Zollars & Lynch, Ltd. as well as the lead tax discussion leader for the Loscalzo Institute, the Service’s choice of high-profile issues to pursue provides a helpful roadmap for those enterprises and their executives that prefer to avoid undergoing a tax audit.