New Jersey Chapter Professional Development Session - December 11, 2018

Professional Development Session ~ Earn 3 CPE Credits

Join FEI NJ on December 11th from 7:30 am to 11:00 am for breakfast and presentations by EisnerAmper and Stout

 Lease Accounting Overview
 Featured Speaker:
 - Steven Heumann, Director
  View bio here

 Update on ASU’s
 Featured Speakers:
 - Steven Heumann, Director and
 - Travis Epp, Partner
 View bio here

Discussion points include:
1)     The process of implementing ASC 842 on adoption date
         a. Measuring the ROU asset and lease liability
2)     What are some of the accounting issues on ASC 842
3)     Day 2 (subsequent accounting)
         a. What is the impact/accounting


 Blockchain and Cryptocurrency Basics for Accountants and Auditors
 Featured Speaker:
 - Jesse R. Morton, Director, Southeast Forensic   Services Leader
 View bio here

Blockchain and cryptocurrency discussion points include:
  1. Distinguishing between blockchain technology and cryptocurrency, and the fundamentals of both including a discussion of the benefits and opportunities with the technologies;
  2. Understanding public keys, private keys, wallets, and custody;
  3. An overview of the basic security concerns and other issues related to blockchain and cryptocurrencies, including a discussion of internal controls; and,
  4. Providing information and lessons learned from recent enforcement actions, blockchain/cryptocurrency related frauds and hacks, and regulatory, accounting, and legal trends.

 Corporate Tax Update
 Featured Speaker:
 - Tom Cardinale, Partner
 View bio here

 State and Local Tax Update, including an  
 Overview of the Wayfair Decision

 Featured Speaker:
 - Gary Bingel, Partner
 View bio here

Corporate Tax discussion points include:
- A refresher on the business tax provisions enacted from the Tax Cuts & Jobs Act
- Provide tax planning ideas & considerations to tackle certain specific TCJA provisions

State & Local Tax discussion points include:
- Overview of Wayfair decision
- Impacts of Wayfair on your business – sales tax and income tax ramifications