Business & Industry Conference

We’re pleased to offer a cocktail reception before the conference begins. Check in early and get to know other attendees over drinks and apps from 5:30 – 6:30 p.m. May 20.

Organizational change is happening at an ever-increasing rate, and leaders are being challenged to inspire their teams and reach goals while navigating competing demands. Discuss how leaders can be effective during times of change by leading with both courage and compassion.

Businesses today are facing more risk and exposure than in the past. Budgets are tight due to an ever-changing economy. While no two businesses are alike and many factors go into the financing of risk; predicting and planning for the future is essential. Obtain a broad overview of coverage and trends for 2018.

Review the corporate provisions of the Tax Cut and Jobs Act of 2017, including:

• The 20% write-off for flow through entities including S corporations
• The possibility of converting an S corporation to a C corporation
• The elimination of certain fringe benefits and compensation planning, including the incentive plans and planning for excessive compensation

Learn about the key elements of the new lease accounting standard with a focus on scope; lease classification and payments; lessee and lessor accounting; and presentation disclosures and transition. Also review implementation considerations.

With claims of sexual harassment in the workplace hitting newsstands everywhere, employers are well-advised to ensure that their anti-discrimination and harassment policies are well-known and enforced. Prevention and thorough workplace investigations are the best ways to manage risk and foster a safe and healthy workforce. Learn the basics of federal laws that prohibit discrimination on the job and walk away equipped with tools to help supervisors spot, prevent and investigate claims of unlawful discrimination, harassment and retaliation.

Obtain an overview of the five-step approach outlined in ASC 606 that companies must apply when assessing contracts under the new revenue recognition standard. Also explore some of the key differences between ASC 605 and ASC 606 as well as the most common roadblocks encountered by companies when transitioning to the new guidance.

Satisfy your 2018 Virginia Board of Accountancy (VBOA) Ethics requirement with this 2-hour, Virginia-specific Ethics course.

Global trends are changing the CPA profession in profound ways, and the VSCPA Board of Directors has spent the past year implementing the strategies introduced in VSCPA2025. In this session, learn about the VSCPA’s vision of the future of the profession and gain insight into the ways CPAs can thrive by developing higher level skills, including leadership and cultural competencies, and by understanding and embracing technological disruption.

Businesses today are facing more risk and exposure than in the past. Budgets are tight due to an ever-changing economy. While no two businesses are alike and many factors go into the financing of risk; predicting and planning for the future is essential. Obtain a broad overview of coverage and trends for 2018.

This session will focus on the Tax Cuts and Jobs Act that passed in late 2017. The new legislation represents the largest tax overhaul since 1986. Find out what it means for you and how your Form 1040 will be impacted.

Prepare for the challenges you might face in 2018 by receiving important updates from the 2018 National Defense Authorization Act (NDAA). Review new and proposed rules and obtain insight into the regulatory and audit focus of both the Defense Contract Management Agency (DCMA) and the Defense Contract Audit Agency (DCAA). Also review common pitfalls to avoid in order to achieve a successful outcome.

Discuss the major national, regional and local drivers of the health care industry, specifically related to an academic medical center, as the presenter is the current CFO of the Virginia Commonwealth University (VCU) Health System. Discover mitigation strategies and the changing role of finance in health care.

Obtain an overview of the five-step approach outlined in ASC 606 that companies must apply when assessing contracts under the new revenue recognition standard. Also explore some of the key differences between ASC 605 and ASC 606 as well as the most common roadblocks encountered by companies when transitioning to the new guidance.

Satisfy your 2018 Virginia Board of Accountancy (VBOA) Ethics requirement with this 2-hour, Virginia-specific Ethics course.

For those whose 2016 strategic plan allocated resources needed for a Trump Administration, British withdrawal from the European Union and Russian-sponsored cyber attacks, you don't need to hear this talk. For the rest of us without a crystal ball, perhaps it’s time to examine the lessons we learned in business school and ask what's relevant and what's not.  

Step through the Negotiator's Guide to Strategy — how to set a relevant outcome goal with the necessary agility to flex tactics as we confront ambiguous markets, unpredictable politics and unexpected technology jumps. Take an uncomfortable look at how "certainty" can dig holes and tips for navigating the ambiguous era in which we’re operating.

Space is limited! Join us for a wine tasting + CPE at the end of day one. We'll spend the first 50 minutes tasting various wines followed by 50 minutes of technology wisdom (one CPE credit).

Smartphone and tablet computer users recognize the importance of running apps on their devices to achieve peak productivity. This wine tasting and CPE session identifies the favorite apps used by members of the K2 Enterprises team along with why you should consider installing these apps on your devices. Included in this session are apps for iOS and Android powered devices. Do not miss this chance to increase your productivity by putting the best apps to work for you today.

The 2018 elections brought a multitude of changes to the Virginia General Assembly, including a new governor and 19 freshmen members of the Virginia House of Delegates. Take a deep dive into tax policy, regulatory reform and business and economic issues tackled during the legislative session.

Computer technologies have helped our businesses be more productive and get more done with fewer resources. The next major wave of technologies is arriving now and you’ll want to choose from various technologies and solutions that fit your needs. During this session, discuss topics including artificial intelligence, blockchain, big data and machine learning. Explore examples of products that have been delivered or will be delivered in each category soon, so you can take away a practical selection and how-to cookbook.

In this rapidly evolving world, technology is changing how we work and live more than ever before. And accounting isn’t immune to this evolution — according to a Deloitte and Accenture study, robotics is predicted to automate or eliminate 40% of basic accounting work by 2020. The best time to prepare for the future of the profession? Right now. Even if your business hasn’t felt the impact yet, major changes are coming. This session will lay out some of those upcoming changes, how they will impact your organization and what you can do to face them head on.

Review the corporate provisions of the Tax Cut and Jobs Act of 2017, including:

• The 20% write-off for flow through entities including S corporations
• The possibility of converting an S corporation to a C corporation
• The elimination of certain fringe benefits and compensation planning, including the incentive plans and planning for excessive compensation

It is not just corporations and individuals directly affected by the recent tax reform. Nonprofits will also face significant accounting and financial reporting changes and will have new financial statement presentation standards to follow within the next year. While most people focus on the increased standard deduction and its impact on charitable giving, several other changes in the tax code could have a profound impact on the industry. Revenue recognition changes have already been made, but the nonprofit specific changes are still in draft form and may be finalized in time for this presentation. Discuss these changes along with other new Accounting Standards Updates (ASUs) released by the Financial Accounting Standards Board (FASB).

Participate in an interactive session exploring a new look at internal controls and how to apply it to all facets of an organization. This session explores the benefits of internal marketing campaigns; tactics to instill employee and management desire to learn, understand and apply internal controls; and internal control ownership and responsibility.

Limited to 30 people!

Learn how to use Excel 2016 advanced PivotTable functionality to analyze raw data. Discover how to harness the power of PivotTable features and create PivotCharts to organize the data in a way that can be meaningfully presented to others.

To ensure your success in this course, you should have experience working with Excel 2016 and PivotTables and should already understand spreadsheet concepts and be comfortable creating basic PivotTables. Please take a laptop or computing device, as this session is hands-on.

Explore the realities of cybersecurity, including the risks and compliance aspects for protecting yourself and your business. This session is designed to be a primer for the cybersecurity and IT issues you should consider as our world becomes more technology-focused.

It may have appeared to be the end of one of central Virginia’s most popular businesses when the family owning Ukrop’s Super Markets, Inc. decided to sell its 26-store chain to Royal Ahold (Martin’s) in 2010.  
 
In this session, hear Bobby Ukrop discuss his family’s decision to sell their retail grocery business. His two sons-in-law, Scott Aronson and Chris Kantner, and long-time associate/chief financial officer, John Zeheb, will share how they are striving to transform the 30-year-old food manufacturing division (which produces premium-quality chilled prepared foods and baked goods) into a thriving regional brand.

CPAs must stay abreast of current developments, and this session well help you gain a quick understanding of the top five issues in financial accounting and disclosures. Executives, managers and others responsible for accounting and reporting will benefit from this overview of the most important recent pronouncements and hot topics impacting financial reporting. Through interactive peer-to-peer sharing, walk away with knowledge of the most important guidance affecting your business.

This session will focus on the Tax Cuts and Jobs Act that passed in late 2017. The new legislation represents the largest tax overhaul since 1986. Find out what it means for you andyou’re your Form 1040 will be impacted.

It is not just corporations and individuals directly affected by the recent tax reform. Nonprofits will also face significant accounting and financial reporting changes and will have new financial statement presentation standards to follow within the next year. While most people focus on the increased standard deduction and its impact on charitable giving, several other changes in the tax code could have a profound impact on the industry. Revenue recognition changes have already been made, but the nonprofit specific changes are still in draft form and may be finalized in time for this presentation. Discuss these changes along with other new Accounting Standards Updates (ASUs) released by the Financial Accounting Standards Board (FASB).

Explore the effects of tax reform on corporate profits and overall economic growth. Focus on global investment opportunities and specific industry outlooks.