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Saturday, January 23, 2027 Live Webcast

Qualified Business Income (QBI) Deduction (§199A) – The Ins & Outs (X4-8496690)

10:00 AM - 5:39 PM EST
webcast

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8 CPE Credits in TX

OVERVIEW

The Tax Cuts and Jobs Act (TCJA) was a major overhaul of our tax system that lowered the income tax rates for individual and corporate taxpayers and introduced the new 20% qualified business income (QBI) deduction for sole proprietors and pass-through entities. The cornerstone of this course is the comprehensive discussion of the 20% QBI deduction final regulations under IRC §199A. *Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to terri.storer@acpen.com

DESIGNED FOR

Anyone responsible for analyzing or interpreting nonprofit financial statements

BENEFITS

  • Explain how properly designed and performed analytical procedures contribute to reducing audit risk
  • Describe the required elements of an analytical test that must be documented to satisfy professional standards
  • Describe the most common financial statement analytics used to interpret the financial results of a nonprofit
  • Common ratios and trends to assess liquidity, operating efficiency, leverage, and more  

HIGHLIGHTS

  • How to leverage preliminary and substantive analytic procedures to improve the effectiveness and efficiency of financial statement audits
  • The required elements of a substantive analytic procedures to address detection risk
  • Tips and traps of applying an analytic approach to satisfy audit objectives
  • Explaining the usefulness of analyzing diverse trends and ratios in a nonprofit environment to meet the needs of various financial statement users
  • Common ratios and trends to assess liquidity, operating efficiency, leverage, and more

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

Familiarity with the nonprofit industry

INSTRUCTOR

J. Patrick Garverick

J. Patrick Garverick, CPA, MT
(4.9)

The Tax U

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PRICING

$300.00 - Member

$400.00 - Nonmember

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Note: Online pre-registration will close on January 23 at 9:30 AM.

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