2010 CPE Conference Hours: Wed, May 12, 8am-4:20pm Thu, May 13, 8am-4pm 2010 Free Show Hours: Wed, May 12, 9:30am-3:30pm Thu, May 13, 9:30am-3pm

Conference Program

2010 New Jersey Accounting, Business & Technology Show The 16th annual largest meeting of CPAs in New Jersey each year.

 

WEDNESDAY, MAY 12

7:00-7:50am - Registration 

7:50-8:00am - Opening Remarks

8:00-9:40am - Opening General Session - 2 credits
Technology Futures - 2010 (CS)
Dana (Rick) Richardson, CITP - Richardson Media & Technologies, LLC
Rick Richardson began providing CPAs with his technology futures forecast in 1981, and this year will mark an unbroken string of 30 years of predicting our technology future. Mr. Richardson will provide attendees with his vision of both the short- and longer-term future for technology, including technologies important to the accounting professional. Topics will include a review of prior-year predictions; what major-market companies are doing and how their actions will affect all of us; current trends in hardware; software, security and communications; and emerging technologies that will bring these trends into reality. He will conclude with his personal forecasts on our technology future. Look for Mr. Richardson to bring some of the latest technologies with him to share with participants. 

11:00-11:50am - Concurrent Session (Please choose one) - 1 credit
1A. Recent Trends in CPA Firm Technology (CS)
James C. Bourke Jr., CPA, CITP - WithumSmith+Brown
Technology has totally transformed the way CPAs do business. In this session, Mr. Bourke will highlight recent trends in the technologies that play an important role in how we do business today as CPAs. Whether you practice in public, private, education, government or in any other role, this session will give you some insight as to where technology is now and where it will be tomorrow. Mr. Bourke will discuss mobile and remote computing, wireless communications, portals, the trend toward "cloud computing," smart scanning and social media and how we can all benefit from its use. 

1B. Accounting & Auditing Update (AA)
Bryan Saftlas, CPA - Crowe Horwath LLP
The session will provide an up-to date overview of the latest changes in accounting and auditing pronouncements. 

1:20-3:00pm - Concurrent Session (Please choose one) - 2 credits
2A. I've Seen the Cloud From Both Sides Now…How to Keep Your Feet on the Ground When Your Head's in the Cloud (CS) 
Gregory L. LaFollette, CPA, CITP - The Progressive Accountant 
The universe of cloud computing, in which the Web is the computer, has grown rapidly. This new approach is changing the way that we will be thinking about and using computers. Players like Amazon and Google are challenging mainstream thinking as to where applications run and data resides. This session will provide both an overview and details as to how this methodology works and how it will impact our businesses and the way we work. Topics to be covered include:

• What is cloud computing?

• How can the web be a computing platform?

• Where is the data and how safe is it?

• Impact on software vendors and users

• Business continuity and disaster recovery in the cloud

2B. New Jersey Tax Update (TX)
Alan J. Preis, CPA - Alan J. Preis, CPA, PC
Get up to speed on current events, updates on New Jersey tax and legislative matters, hot topics and other relevant state tax issues including the prospects for change under Governor Chris Christie's administration. 

3:30-4:20pm - Concurrent Session (Please choose one) - 1 credit
3A. Internet-Based Telephone Service (VoIP) (CS)
Harry Emerson - Emerson Development LLC
VoIP (Voice over IP) applications are becoming increasingly popular to businesses everywhere because of their cost structure, flexibility and relative ease of use for new users. However, this technology also brings security challenges. A VoIP network is subject to the same threats as a wired network. Protections will be needed for the inevitable problems arising for the growing numbers of VoIP hardware and software developers, carriers and users. Mr. Emerson, an expert in computers, voice and data communications, and the Internet, will provide you with information on the various types of VoIP implementations that are available, differences between traditional telephone telephony and VoIP solutions, and the risks and threats associated with a VoIP system and how to protect against these threats. 

3B. A New Asset Class That is Very Old (CS)
Richard M. Weber, M.B.A., CLU - Ethical Edge Consulting
Speaker sponsored by Northeast Planning Corporation
In today's economic environment there is an Asset Class that is usually overlooked by the masses, but banks carry it as a Tier 1 Asset and some banks are the largest owners of it. Discover the many different aspects about life insurance presented as an asset class. Dick Weber, an award-winning, nationally known writer and presenter, will cover various topics such as:

• The need for and strategic uses of life insurance.

• The type of life insurance that your clients should consider and why.

• In-depth look at buy term and invest the difference - including three different views.

• Modern portfolio theory, asset classes and life insurance

THURSDAY, MAY 13

7:00-7:50am - Registration 

7:50-8:00am - Opening Remarks

8:00-9:40am - Opening General Session - 2 credits
New Jersey's Economic Recovery - Are We There Yet? (EC)
Patrick O'Keefe - JH Cohn LLP
Sponsored by Sun Bank and JH Cohn LLP
As the national economy recovers from its deepest downturn since the 1930s, the pace of growth will differ among the states. What are New Jersey's prospects? Will the rebound be robust or subdued? Among the sectors of the state's economy, which are most likely to expand; will any contract? Will the road to recovery be smooth or are there pot holes ahead? Mr. O'Keefe will discuss these and other questions affecting the outlook for New Jersey's economy for 2010 and beyond. 

11:00-11:50am - Concurrent Session (Please choose one) - 1 credit
4A. From CES to You…Toys & Gadgets Every Accounting Technologist Should Have! (CS)
Gregory L. LaFollette, CPA, CITP - The Progressive Accountant 
No apologies here - LaFollette is an uber-geek in his annual trek to Las Vegas for the Consumer Electronics Show, the world's largest exposition of all things techy. He's hunted down dozens of exciting new products. See what's new, what's useful, what's fun and what's affordable! This is the one presentation that your significant other does NOT want you to attend! 

4B. Design Your Destiny (CS)
Sean Callagy, Esq. - The Callagy Group

Do you want to:

make more money?

have more balance in your life?

create new and better business strategies? 

This session was developed to help you! Walk away with real life strategies to help you in your business and career. This session will also help you understand yourself and how to access your greatest potential to be able to perform at a whole new level. Gain insights to help you create the results you want. 

1:00-2:40pm - Concurrent Session (Please choose one) - 2 credits
5A. Social Media Strategies for Growing Your Business (CS)
Rachael Bell - New Jersey Society of CPAs
Don Meyer - New Jersey Society of CPAs
Gail Rosen - Gail Rosen, CPA, PC
Stay competitive! Learn the ins and outs of Facebook, Twitter, LinkedIn, blogging, online communities and other social media. Get practical knowledge on how to best develop and deploy new media and social media initiatives that deliver measurable results. 

5B. Part One: Implementing FIN 48(ASC 740) - Uncertainty in Income Taxes (AA)
Margaret F. Gallagher, CPA - Amper, Politziner & Mattia PC 
A new standard relating to the accounting for uncertainty in income taxes, ASC 740 (formerly known as FIN 48), became effective for privately held companies in 2009. Learn how to implement this new standard in a practical manner: what entities it applies to, how to account for it, troublesome areas and the disclosure requirements that apply.
Part Two: International Financial Reporting Standards: Are They Coming or Already Here? (AA)
Joseph C. DiFalco, CPA - Amper, Politziner & Mattia PC 
An update on the FASB convergence project, the SEC's roadmap and highlights of the key differences between IFRS and U.S. GAAP. 

3:00-3:50pm - Concurrent Session (Please choose one) - 1 credit
6A. How to Improve Your Presence Online (CS)
Gail Perry, CPA - AccountingWEB, Inc.
Learn how you can attract new clients, reinforce your relationship with existing clients and generally improve your credibility by increasing your visibility online. Learn about Web 2.0 publishing including Tweets, blogs, social media sites including LinkedIn and Facebook; learn tips for writing and publishing effective press releases; explore ways in which you can improve your Google search position; find out how you can enhance the value of your website. Learn about the value of published articles, choosing a topic, writing techniques and tips for finding online publishing venues. 

6B. Estate Planning Update (TX)
Leonard J. Witman, Esq. - Witman Stadmauer, P.A.
Attend this session and get an update on the current status of the federal estate tax and how the New Jersey estate and inheritance taxes affect most New Jersey taxpayers.