Walter Haig's GAAP for SMEs, Tax & Cash Frameworks Update

After attending this presentation, you will be able to...

• Identify how the federal income tax differs from other types of federal taxes

• Determine the steps in computing a taxpayer's federal income tax liability

• Recognize variations in income recognition.

• Recognize deductible expenses between GAAP and IRC affect reported profitability and tax liabilities.

• Identify guidance that IRS auditors use when examining tax returns

• Distinguish industry-specific nuances for an auditor’s perspective

• Identify taxation nuances that are important but difficult for non-tax professionals to understand.

• Apply techniques for educating clients regarding taxation.

• Recognize specific ways to leverage AI technology in your 1040 tax preparation serves.

• Identify specific AI tools that can be leveraged to automate and enhance 1040 tax preparation services.

• Implement practical strategies based on a thorough understanding of the complex rules for retirement distributions

• Identify and recall key compliance issues

   

• The major topics that will be covered in this course include:
  
  All courses in this Pack are presented by Bryan Smith.

  Course 1: Get started with Power BI

  CPE: 2

  Description: The course will cover Excel's Power BI tools

• Power Pivot, for advanced data modeling, and Power Query, for efficient data transformation and preparation. This segment is essential for understanding how Power BI extends and enhances the data processing and analytical capabilities of Excel. The second section of the course delves into the standalone Power BI tools.

  Course 2: Clean, transform & load data in Power BI

  CPE: 2

  Description: This intensive 2-hour course is designed specifically for those aiming to master data management skills in the modern business environment. As data becomes increasingly central to accounting and financial analysis, the ability to effectively manage, clean, and transform this data is critical. This course delves into Microsoft Power Query, a potent tool within Excel and Power BI Desktop, known for its robust data processing capabilities.

  Course 3: Create measures in Power BI that define your Metrics

  CPE: 4

  Description: Starting with the foundational elements of DAX, you'll rapidly progress to tackle advanced formulas and time-intelligent functions, essential for nuanced data analysis. The highlight of the course is the emphasis on the DAX calculation process, a crucial aspect for validating measures in Power BI. Additionally, the practical application of PivotTables for measure validation will equip you with the skills to confirm the accuracy and effectiveness of your data measures. These advanced techniques are not just theoretical concepts but are presented through engaging, real-world scenarios, enabling you to apply your learning immediately to your daily tasks.

  Course 4: Power BI

• Bringing It All Together for Data Analysis

  CPE: 2

  Description: Building on the foundational knowledge from previous courses, this session focuses on the crucial next steps after creating data models and measures, guiding participants on how to fully utilize the potential of these tools to uncover insights and create impactful, actionable visualizations. This course takes a deep dive into the critical aspects of using Power BI to its fullest potential, emphasizing a holistic approach to data analytics. You'll learn how to build a streamlined workflow, ensuring every step in your data journey contributes to actionable insights.