OSCPA's CPE Blowout - Virtual

In today's rapidly changing world, finance professionals are required to wear many hats and are often the keys to the success of the organization. On one hand, they need to be abreast of the latest proven financial skills for making the best decisions, and on the other hand they need the best skills to motivate, manage, and lead people. We'll cover the latest issues that all CFOs and controllers need to know about and provide how-to guidance to allow for immediate use in their organizations.

• Understand the current issues and latest trends impacting CFOs, controllers, and finance professionals
• Understand how domestic and global economic conditions could impact the organization
• Apply what we have learned from the COVID-19 pandemic for a positive impact on the organization

Did 2020 show us that planning doesn't work? It might seem that way. But, obviously some organizations survived far better than others due to their ability to handle unexpected change. Sick and tired of taking CPE that has no practical application or just regurgitates the same information over and over? Join us for this practical course, which will present a fresh approach to planning and strategy formulation for your organization. We'll explore this fresh approach to many different planning stages, including the marketing plan, the technology plan, the capital plan, the five-year operating plan and much more!

Objectives:

• Develop strategies for the organization that make an impact
• Avoid the political pitfalls that often come with the planning process and inhibit change
• Maximize the usefulness of the different plans developed for the organization

All organizations are looking for ways to gain an advantage over the competition. This practical and interactive session will present a toolkit of ideas to help CFOs, controllers and finance professionals better position their organizations for the future. We know change is occurring at an exponential rate, and that has proven to be the case in all areas of finance, management, and leadership over the past year.

Objectives:

• Make better financial decisions that have a positive impact on the organization   
• Lead the organization into the rapidly changing decade   
• Apply what we have learned from the COVID-19 pandemic for a positive impact on the organization

2020 taught us that major risks can come at us from any direction and with barely a warning. All organizations operate in a risk environment, but all too often, they either don't realize it or they don't develop a strategy to deal with the risks. In this session, we will explore how risks work in both for-profit and not-for-profit organizations and how they can develop a strategy to identify, evaluate, and mitigate those risks. We will liberally use case studies of both for-profit and not-for-profit companies to bridge the gap between concept and actual implementation. In each area we will explore what our experiences of the pandemic have taught us about this part of risk management.

Objectives:

• Understand how risks can both positively and negatively affect the organization
• Learn more about how we could have been better prepared for the pandemic
• Determine the nature of risk in both large and small organizations

This highly informative course will bring you up-to-speed on the latest in individual tax law developments and the corresponding or responsive planning opportunities available to your clients. You will come away from the course ready to educate your individual tax clients and implement tax-savings ideas that will serve their ever-evolving needs. Continually updated to reflect enacted legislation.

Objectives:

• Understand strategies and tactics to use in light of new legislation
• Understand how to nail down valuable deductions and other reductions to the tax base
  

If you are a practitioner who wants the latest information on tax changes affecting your business clients or employers, then you should take this enlightening course. You will learn invaluable knowledge, strategies, techniques, innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations, partnerships, LLCs, and LLPs. Continually updated to reflect enacted legislation.

Objectives:

• Understand the current planning issues for businesses
• Understand how recent legislation impacts planning for pass-throughs
• Understand what pass-throughs can do in light of tax law changes

The leading edge of the baby boomer generation has already reached retirement age. Financial and tax planners can expect increased demand for strategies that dovetail Social Security with other retirement and estate planning objectives. This course provides tax and financial planning professionals with both the background information on the Social Security system and the strategies clients will need in dealing with Social Security, and the myriad other related retirement planning issues.

Objectives:

• Identify who is entitled to retirement benefits and in what amounts
• Summarize the factors one must consider in determining when to take benefits
• Discuss the taxation of Social Security benefits and how this impacts other income tax planning

The life cycle of the small business can be summed up in three segments: 1) starting the business; 2) operating the business; and 3) getting out of the business. This course focuses on getting out of the business. The most elusive element of owning a small business can be finding the proper exit strategy. This course is designed to provide the business consulting practitioner with tools and concepts to advise the small business owner and assist them in developing the right exit strategy. The course covers exit strategies related to third-party sales and succession planning within a family.

Objectives:

• Understand the process of selling a business from finding a buyer to completing the sale
• Understand how business brokers operate and the fees that they charge
• Discuss the difference between selling the business and leaving the business: the transition period

In today’s business climate, data is king! Organizations of all sizes collect and manage more data than ever, and that trend will continue. The number of apps, services, and platforms we use increases yearly in this environment. Thus, we must standardize, streamline, and optimize our ability to manage the ever-growing list of systems and their data, and in this session, you will learn how to do precisely that.
Conquering your data can help improve efficiency and effectiveness and reduce costs and errors within your organization. This course will teach you various ways of sharing data easily between different applications, platforms, and services. Further, you will learn about various tools, desktop application functionalities, and programming tools to manage this process. Participate in this session to truly integrate your data and reap the benefits of improved efficiency and control.

Objectives:

• Define and identify where your organization keeps its data and how to access that data
• List various tools, services, and programs to manage data and share it with other systems
• Identify the cost and benefits of multiple data-sharing techniques and approaches
• Construct and build data sharing and integration processes using widely available tools such as Power Query, Power BI, and more

This course provides a comprehensive review of all of the requirements necessary to properly conduct a compilation engagement under SSARS. The impact of SSARS 21 and the changes to practice will be a focal point. This course is recommended to fulfill four hours of the Oklahoma Accountancy Board's compilation requirement.

Objectives:

• Provide a comprehensive overview of Compilation Standards in AR-C 70
• Understand changes to the compilation engagement as a result of SSARS 21
• Introduce documents and templates that will improve quality and profitability of your compilation practice

This course is recommended to fulfill four hours of the Oklahoma Accountancy Board's ethics requirement.

Objectives:

• Introduce the online Code of Professional Conduct
• Provide a comprehensive overview of the ethics rules that apply to members in both public practice and industry, including case studies
• Discuss any proposed changes to the Code of Professional Conduct

If you are an experienced Excel user seeking to elevate your skills, join the K2 team for K2’s Advanced Excel. In this laptop-friendly program, you will learn critical advanced Excel skills in six key areas: 1) collaborating with other users and securing workbooks, 2) using tables to analyze and report data, 3) integrating and manipulating data from external sources, 4) creating and auditing complex formulas, 5) advanced data analysis tools, and 6) visualization techniques to analyze and communicate information.

The course draws from over twenty-five years of experience delivering Excel training to accountants and other business professionals. Throughout the program, relevant, real-world examples reinforce the topics presented. Take advantage of this opportunity to become more efficient and proficient in Microsoft Office Excel, the tool of choice for accounting and financial professionals. This course covers advanced Excel topics found in Excel 2019 and newer.

Objectives:

• Identify and implement the best techniques to secure sensitive information in Excel workbooks and collaborate with other users to improve accuracy and efficiency
• Create tables and take advantage of their advanced features, such as dynamic data ranges, structured reference formulas, and the ability to relate multiple tables together into a Data Model
• Import and link data into Excel from external sources – including text, Access, and SQL Server – and use advanced tools, such as Power Query and various cleanup tools to manipulate the data to meet specific needs
• Use advanced functions, such as SUMPRODUCT, VLOOKUP, HLOOKUP, MATCH, INDEX, NETWORKDAYS, RAND, RANDBETWEEN, NPV, IRR, XNPV, and XIRR to create and audit complex formulas
• Analyze worksheet data using techniques such as Data Tables, Subtotals, Slicers, Filters, and PivotTables
• Describe techniques used to create, manipulate, and customize charts for analyzing and communicating information