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Thursday, March 24, 2016 Live

Financial Forecasting and Decision Making/New Jersey Law and Ethics (E1603083)

8:30 AM - 4:30 PM EST

Registration: 8:00 AM EST

NJCPA Education Center

425 Eagle Rock Avenue,
Roseland , NJ 07068

4 CPE Credits in PE
4 CPE Credits in MT

OVERVIEW

The morning session will cover the basic tools necessary to project the balance sheet and statements of income and cash flows. Learn to determine maximum sustainable growth, predict external funds needed, identify the evidence of growth mismanagement and more. The afternoon session covers what CPAs need to be aware of the ethical standards and principles that impact the services they provide. This program includes a review of independence and other ethics rules of the New Jersey State Board of Accountancy.

DESIGNED FOR

Financial executives responsible for preparing company forecasts and projections · Non-financial executives with some financial background CPAs in public practice as well as CPAs employed in private industry.

BENEFITS

  • Understand and apply the basics of planning and forecasting financial statements
  • Utilize a basic forecasting model
  • Identify the evidence of growth mismanagement
  • Gain an understanding of the analysis of projected or forecasted financial statements
  • Identify independence issues
  • Comply with other ethics requirements such as providing records, commissions and contingent fees, etc.

HIGHLIGHTS

The morning session: Financial Forecasting and Decision Making
  • The basic forecasting model
  • Forecasting the balance sheet using the percent-of-sales method
  • Evidence of growth mismanagement
  • Management uses of the forecasting technique – planning financial structure and working capital managemen

The afternoon session: New Jersey Law and Ethics
  • Topics include case studies on independence and continuing professional education, record retention and much more
  • This course has been fully updated and fulfills the mandatory ethics requirement for the 2015-2017 triennial reporting period

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • New York CPA licensees please note: If you also have an active NJ CPA license, this course will fulfill your NY Ethics requirement as well as the NJ Law & Ethics requirement.
  • Due to the regulatory nature of the Ethics requirement, late arrivals or early departures will not be permitted. You must attend the Ethics portion in its entirety in order to claim CPE credit.

INSTRUCTORS

Michael Polito

Michael A. Polito, CPA

Michael A. Polito, CPA, was a lead service audit partner at Deloitte & Touche LLP, responsible for services provided to national and international middle market companies, including public and privately-held clients. Prior to retirement, he was also the lead partner for alumni relations, providing continuing education and networking programs to former partners and employees. Mr. Polito is a past president of the New Jersey Society of CPAs (NJCPA) and has served on the NJCPA Board of Trustees as trustee and treasurer. He is a former chairperson of the NJCPA Finance Committee, served on the Bylaws and Continuing Education Task Forces and is a former chair of the Accountancy Bill Committee. In addition, he is a long-standing member and former chairperson of the NJCPA Professional Conduct Committee. Mr. Polito is also a member of the American Institute of CPAs and the New York State Society of CPAs. He earned a bachelor’s in accounting from Fordham University.

Francis Ryan

Francis X. Ryan, CPA, CGMA

F.X. Ryan & Associates Ltd

Frank Ryan, CPA, CGMA has over a decade of experience in accounting and financial services, specializing in economic forecasting, competitive research, and strategic and operational risk analysis. He has additional experience in implementing lean processes and systems in companies ranging from manufacturing to service organizations. Frank is also a national instructor for over a half dozen state CPA societies, specializing in economic updates and business ethics.

Outside of his consulting practice, Frank is a Captain in the Pennsylvania Army National Guard with over 13 years of service in the Armed Forces. He deployed to Iraq in 2009 with Pennsylvania's 56th Stryker Brigade Combat Team, serving as the Executive Officer of the Brigade's medical company. Serving in a host of leadership positions, Frank most recently completed a 3-year tour as Commander of a distribution/logistics company.

Frank earned his B.S. in Finance from Penn State University and an MBA from The Wharton School at the University of Pennsylvania. He is a Certified Public Accountant in Pennsylvania and Virginia and a Certified Fraud Examiner.

PRICING

$299.00 - Member

$399.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

AICPA/NJCPA