Events Search
  Summary & Check Out (0)
Monday, September 23, 2024 Live Webcast

CFO Series: Chief Reviewer (E2409043)

8:30 AM - 4:30 PM EDT

Registration: 8:30 AM EDT



4 CPE Credits in AA
2 CPE Credits in CS
2 CPE Credits in TX


This course focuses on the key role of being a reviewer, including processes, systems, test results, performance, taxes, financials, timelines and progress. We will also provide a high-level overview of taxation and the newer skills needed to be an effective financial leader.

This course features a live instructor and has been specifically designed for the NJCPA.


  • Corporate financial leaders, CEOs, CPAs, business owners, corporate financial managers, entrepreneurs, CFOs, controllers, accountants, board members, advisors, consultants, and the professionals who advise them
  • CPAs in public practice
  • Those who want to improve their success in systems implementations


  • Grasp that our role is to constantly review, listen and examine – both in our professional life and personal life – to create a deeper understanding of the value of our auditing skills.
  • Understand why listening skills are crucial for all leaders and for any professional who audits others’ work. You will gain a deeper understanding of the psychology behind how powerful auditing can be when done by a more insightful and purposeful manager who wants to drive their skills.
  • Fulfill your responsibilities to account for tax in your organization(s) and successfully navigate the diverse paths to minimize taxes.
  • Understand best practices in effective system implementation and identify pitfalls to avoid.


Aren’t We All Auditors All the Time?

Audits involve testing, review, examination and verification. We will illustrate how continuous auditing skills are valuable, all the time. Whether you’re an auditor or not, the role of a business leader IS to audit continuously! Better leaders have these skills.

  • The need to think before we react.
  • Being skeptical without being cynical
  • Unconventional keys to success
  • The never-ending need to audit continuously
  • Audits Begin with the Right Questions: Listen!

    Technology has boundless memory and can store all the answers, unlike humans. Regardless, technology and AI cannot discern the right questions to ask. Asking the right questions separates successful professionals from mediocre professionals. This session will take a big-picture approach and redefine auditing in a broader perspective which will deepen your skills, perspective and know-how. We will illustrate three types of audits and dive into the most fundamental aspects of our daily work that needs constant attention, not seasonal treatments.

  • The need to ask the ‘right’ questions
  • A core principle of audits not taught in the textbooks
  • A new type of audit that will simplify your life
  • Four auditing skills to take you from being a good auditor to being an amazing auditor
  • The most important element of auditing is listening
  • What We Can Do to Minimize Taxes: Without Danger

    When stepping into a leadership role, you may not have been exposed to all the various tax issues. We will take a 30,000-foot view into corporate income taxes and other taxes with a focus on potentially lowering taxes. We will explore what and how to communicate with your external accounting firm. What is the value of proper fixed asset schedules and their crucial role? Depreciation, qualified business income and the employee retention credit will be reviewed. Keep a schedule and be prepared because at the end of day you will be held accountable and responsible for missed dates and missed opportunities and you may be given credit for taxes saved. Be prepared and aware of tax savings alternatives.

  • Tax reduction strategies
  • History of taxation in the United States
  • Understand your tax environment.
  • Taxes: corporate, state, property and sales
  • Tax planning concerns
  • Depreciation and fixed asset schedules
  • How to recognize and ward off tax schemes
  • Successful System Implementations: Planning!

    System changes are common, so why does seemingly every new system update or installation have multiple new problems? We will review the causes and effects, including a short-term outlook. We will focus on the best practices of successful organizations, specifically the one key task for success – proper planning. What are the steps to take? Which functions need to be involved? How do you reduce risk? These actions can be applied to small system changes, system upgrades or large ERP systems. Do not make the same mistake over and over. Learn from others who have paid the hefty price.

  • Consequences of failure to plan
  • Learn from previous mistakes.
  • No two installations are the same!
  • Why cheap costs more
  • How should accounting communicate?
  • Managing the organization to enable better system implementations



    • At least six months of professional experience and in financial statement analysis
    • Preferably at least six months' experience in tax matters




    Steven Boussom

    Steven R. Boussom, CPA

    Steve is the owner of his own firm in Goshen, IN. Steve is a CPA licensed in Indiana. He provides consulting, accounting, and tax preparation services to a variety of small and medium sized businesses and high-income individuals. Steve was also recruited by one of his long-time clients as CFO and served in this capacity for three and a half years. Steve received his BS In Business with major in Accounting from Indiana University and has been a long-time member of the AICPA and INCPAS. He lives in Goshen, Indiana, with his wife of 30 years, Melissa, and has three children.


    $299.00 - Member

    $449.00 - Nonmember

    $0.00 - Pass Holder

    Register Today

    Note: Online pre-registration will close on September 23 at 8:00 AM.


    Remind me to register

    Print a registration form


    The Knowledge Institute, LLC