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Tuesday, October 27, 2020 Webcast

Emerging Technologies Conference (E2010320)

8:00 AM - 12:00 PM EDT

Registration: 7:45 AM EDT

Webcast


4 CPE Credits in SK

OVERVIEW

Explore some of the latest digital advances that have the potential to boost efficiency, decrease errors, safeguard integrity and generate new insights on accounting and tax work. Join us to discuss accounting transformations, including processes, software, trends and more.

DESIGNED FOR

CPAs and financial professionals who want to utilize new technology to impact their practice.

HIGHLIGHTS

Session I
Blockchain and Crypto Update
Mark W. Eckerle, CPA – WithumSmith+Brown
Dr. Sean D. Stein Smith CPA, CFE, CGMA, CMA – Lehman College

Explore emerging topics and trends in the blockchain and crypto-asset space, including:
  • The continuing shift from permissionless to permissioned blockchains
  • The growing interest in stablecoins and other stabilized crypto-assets
  • The potential rise of CBDCs, from an informational point of view as well as key issues for practitioners
  • What to tell clients in the face of a lack of accounting guidance
Session II
Not Quite a Revolution, a Consistent Evolution
Karolis Matulis, CPA, CVA - WilkinGuttenplan
Drastic evolutionary developments in tax preparation technology are seemingly rare, but the software programs are generally sufficient for quick and accurate returns. However, emerging technological developments are focused on the peripheral processes and the way humans interact with core technologies. This session will discuss:
  • Changes in the way CPAs obtain information from clients, transform the information for input and deliver the output to clients
  • The functionality that currently is — and is not — available from off-the-shelf tax software
  • How CPAs can fill the gaps by creating their own automation tools
Session III
Driving Business Value Using Robotic Process Automation (RPA)
Gregory Fritsky - EisnerAmper LLP
Emerging technologies offer a wealth of opportunities for accounting professionals to rethink and reshape the way they perform day-to-day activities. This discussion will focus on how new technologies such as RPA are being deployed in various industries and how they can be used to automate business processes, enhance controls and produce better outcomes. Learn how to:
  • Identify and understand emerging technologies driving digital transformation including key products and solutions
  • Recognize how these technologies are transforming and improving business processes in various industries and functions
  • Explain and evangelize this technology to others to begin a digital transformation journey
Session IV
Using Modern Data Analytics Tools for Better Insights
Jesse M. Herschbein, CGMA, CPA – Prager Metis CPAs LLC
Using data analytics tools can help make engagements more effective and more efficient. This session will explore different ways to produce more accurate and insightful data and enable better decision making. Learn how to:
  • Enhance assurance engagements by looking deeper into the data to identify risk areas and compliance with systems
  • Improve understanding in advisory engagements by allowing new technology to give a better perspective on historical trends and current transactions
  • Produce more accurate forecasts and projections with better normalization of activity
  • Provide more comfort to CFOs and controllers by flagging unusual or unauthorized transactions
  • Generate timely management reporting that is easier to read and allows for better decision making

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTORS

Mark Eckerle

Mark W. Eckerle, CPA

Senior Manager

WithumSmith+Brown

Mark is a senior manager at Withum and an active member of the firm's Technology and Emerging Growth Services Group. He is also the team leader for their Digital Currency and Blockchain Technology group, providing audit, tax and advisory services to clients within the industry.

Gregory Fritsky

Gregory Fritsky

Greg Fritsky is the National Director of Robotics, AI and Data Analytics within Process, Risk, and Technology Solutions (PRTS). He has over 25 years of consulting, technology, and internal audit experience. Greg serves as the robotics and intelligent automation leader internally and externally. He works with clients to enhance their business performance, making complex and challenging business processes into reliable and efficient activities.

Prior to joining the firm, Greg was the Director of Process Transformation for a technology company focused on robotics process automation (RPA) software, and served as the company's intelligent automation thought leader for the North American market evangelizing robotics process automation, artificial intelligence and data analytics. As a financial process thought leader who combines deep understanding of business process technology with experience as a Big 4 auditor and financial accountant, he now works closely with client executives and senior leadership of leading organizations to provide insight and recommendations to achieve measurable results.

Greg is an industry thought leader and frequent speaker at events. He has presented on various topics, including digital transformation of accounting, enhancing governance and controls with robotics, new accounting skills and digital auditing and intelligent automation.

Jesse Herschbein

Jesse M. Herschbein, CPA, CGMA

Owner

Ascend Accounting Advisory, LLC

Jesse M. Herschbein, CPA, CGMA, is the owner of Ascend Accounting Advisory, LLC. He is a New Jersey CPA with more than 25 years of combined public and private accounting experience. Jesse is a member of the AICPA and NJCPA and is currently chairman of the NJCPA's Volunteer Relations Council, a director of the NJCPA Passaic County Chapter and is a past member of their Board of Trustees. He has spoken on behalf of the accounting profession to various audiences at local high schools and universities and has contributed to articles in NJBIZ magazine. Jesse received his Bachelor of Science degree in Accounting from William Paterson College.

Karolis Matulis

Karolis Matulis, CPA, CITP, CVA

Manager

WilkinGuttenplan

Karolis is a Manager at WilkinGuttenplan, focusing on real estate taxation and planning, transactional planning, business valuations, litigation support and technology implementation. His range of focus areas allows him to contribute unique professional expertise to a variety of problems. Karolis is the chair of the firm’s Innovation Council and has overseen multiple automation projects.

Sean Stein Smith

Sean D. Stein Smith, CPA, CFE, CGMA, CMA, DBA

Assistant Professor

Lehman College

Sean is an expert and sought-after speaker, focusing on the intersection of financial services, blockchain and cryptocurrencies. He is a regular contributor to IBM’s Blockchain Unleashed website, analyzing applications for blockchain technology on business at large, as well as being a regular expert guest on China Global TV Network discussing blockchain and related applications. Sean is a member of the Advisory Board for the Wall Street Blockchain Alliance, which coordinates with the AICPA in developing standards and reporting frameworks in this emerging area. Sean continuously works with, and consults for, the AICPA and several professional training organizations in the creation and delivery of blockchain and cryptocurrency related content. He is currently under contract to publish two books focusing on blockchain applications for financial services and other industry sectors. Sean is the host of the NJCPA TechTalk Podcast, a past leader of the NJCPA Emerging Technologies Interest Group and a member of the NJCPA Board of Trustees. He is a professor at the City University of New York - Lehman College.