in conjunction with the Tax Conference

November 11-12, 2010 | Embassy Suites • Columbia, SC

2010 CPA SUMMIT & ANNUAL MEETING

Reflecting Back, Looking Forward

As we celebrate the 95th anniversary of SCACPA, reflecting back

is the key to looking forward. Despite the upheaval of national

healthcare reform, new regulatory changes, challenges confronting

the profession, and the financial pressures of the market, the

CPA Summit is designed to provide you with the keys to looking

forward. CPAs, their businesses and their clients can unlock the

door to success and overcome potential hurdles by adopting

approaches that deliver on transformational ideas and business

solutions. The idea is working together toward a common goal.

Register today to secure your seat at this premier event!

2010 CPA Summit and Annual Meeting | November 11-12, 2010 | Embassy Suites • Columbia, SC

Schedule At A GlanceThursday, November 117:30 am - 4:30 pm Registration and Message Center

7:30 - 10:30 am Continental Breakfast

8:00 - 8:45 am Annual SCACPA Business Meeting (A01)

8:45 - 10:30 am Concurrent Sessions• EffectiveandEfficientRisk-BasedFinancial

Statement Audits in Compliance with Yellow Book (B01)

• EconomicOutlook(B02)• TechnologyUpdate(B03)

10:30 - 10:45 am BreakandExhibitVisits

10:45 am - 12:20 pm Concurrent Sessions• InternalControlsforSmallerEntities:Practical

Case Studies (C01)• HowtoDealwiththeIRS:TaxpayerAdvocacy

(C02)• GreenPlus,SustainabilityandtheTripleBottom

Line(C03)

12:20 pm - 1:20 pm Summit Luncheon

1:20 - 3:00 pm Concurrent Sessions • FairValueAccounting:ACriticalNewSkillforAll

CPAs(D01)• IRSCircular230andDisclosureofUncertain

Positions(D02)• RetainingYourTopTalent:MaintaintheDesired

ReturnonYourInvestment(D03)

3:00 - 3:20 pm BreakandExhibitVisits

3:20 - 5:00 pm Concurrent Sessions• InternationalFinancialReportingStandards

(E01)• HowtoDealwiththeIRS:Audits,Examinations,

AppealsandtheAftermath(E02)• SocialMediaandtheCPA(E03)

5:30 - 6:30 pm OldGuardReception(F01) YoungCPAsReceptionF02)

6:30 - 7:15 pm OpeningMember Reception(G01)

7:30 - 10:00 pm SummitDinner,Awards CeremonyandPassingof theGavel(H01)

Friday, November 126:45 am - 4:30 pm Registration and Message Center

7:15 - 8:15 am Managing Partners Breakfast(I01)

7:30 - 10:30 am Continental Breakfast

8:30 - 10:15 am Concurrent Sessions• AuditingReal-WorldFraud(J01)• HotTopicsinEstateandGiftTax(J02)• Performance,ProductivityandProfit:Creating

theHigherEnergyOrganization(J03)

10:15 - 10:30 am BreakandExhibitVisits

10:30 am - 12:05 pm Concurrent Sessions• SSARSUpdate(K01)• JudicialandAdministrativeHighlights:Focuson

AccountingPractice(K02)• FiveSmoothStones:FacingGoliathandWinning

(K03)

12:05 - 1:40 pm NewCPAOathCeremony and Student Recognition Luncheon (L01)

1:45 - 3:25 pm Concurrent Sessions • What’sHappeningwiththeBoardofAccoun-

tancy(M01)• LegislativeTaxUpdate(M02)• TurningTrustintoValue:BusinessDevelopment

BootCamp(M03)• CPAExamSimulation(M04)

3:25 - 3:40 pm BreakandExhibitVisits

3:40 - 4:30 pm Concurrent Sessions• Accounting&AuditingUpdate(N01)• TaxComplianceforEquityandIncentiveBenefit

Arrangements(N02)• HealthReformandItsImpact(N03)

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It’satechnologyworld–areyouinit?Inthistechnologysession,Collinswillbringyouuptodateontheverylatesttechnologyproductsandapplicationsyouneedtogetyourjobdonefaster,better,andmoreefficiently.ThesessionwillcoversolutionsthataremostimportanttoCPAs,includinghardware,software,security,communica-tions,internet,gadgetsanddevicestohelpyourcompanyorclientssqueezethemostoutoftoday’stechnology.Youwillreceivetwodozenusefultipsandseelivedemonstrationsofmanyofthetechnologiesdiscussed.Hewillalsosharewithyoualistof50technologieshebelieveswillmakeeveryCPAasproductiveaspossible.

Session Descriptions | Thursday, November 11 | 8:45 - 10:30 amA

&A

Effective and Efficient Risk-Based Financial Statement Audits in Compliance with Yellow Book,JenniferLouis,Business Learning Institute, Towson, MD(B01)–2creditsEconomic Outlook, TimQuinlan,Wells Fargo Securities, Charlotte, NC ; HolleyUlbrich, Clemson University, Clemson (B02)–2credits

Technology Update,CarltonCollins,AdvisorCPE, Norcross, GA (B03)–2credits

Session Descriptions | Thursday, November 11 | 10:45 - 12:20 pm

Internal Controls for Smaller Entities: Practical Case Studies in Design, Evaluation and Communications, JenniferLouis,Business Learning Institute, Towson, MD (C01)–2credits

How to Deal with the IRS: Taxpayer Advocacy,GwenSonierandFrancesKleckley,Internal Revenue Service, Columbia (C02)–2credit

Green Plus, Sustainability and the Triple Bottom Line,AaronNelson,Chapel Hill-Carrboro Chamber of Commerce, Chapel Hill, NC (C03)–2credits

Learnthekeyconceptsofsustainability,thetriplebottomlineandhowsmallandmedium-sizedentities(SME)aremakingandsavingmoneybygoinggreen.DiscussnationalandglobaltrendsimpactingU.S.enterprisesaroundsustainability.GetanintroductiontotheGreenPluseducationandcertificationtoolandwalkthroughahow-toguideforSMEsinterestedinimprovingalignmentandperformancewithgreenandsustainablestandardsandtrends.

Thereissimplynodenyingthatasufficientlydesignedandeffectivelyoperatingsystemofinternalcontrolsoverfinancialreportingismoreimportantthanever.Inthiscourse,wewilluseextensiveexercisesandcasestudiestoreinforcefundamentaltheorythrough“real-life”scenariosthatbothinternalandexternalaccountingpersonnelperforminginternalcontrol-relatedactivitiesinawidevarietyofindustrieswillfindbeneficial.Theprogramqualifiestowardthe24-hourYellowBookrequirement.

ManyfeartheIRSmorethandeathitself.TheIRSdoeswieldanimmenseamountofpower.IfyourclientsreceivealetterinthemailandtheyseetheIRSasthesender,theycanbeoverwhelmedbytheexperience.AttendthissessionandlearntheproceduresforgettingassistancefromtheTaxpayerAdvocateDivisionoftheIRS–whattheycandoandhowtoaskforit.You’llalsolearnwhatissuestheNationalTaxpayerAdvocateisworkingon,includingwhyitopposesthenew1099rules.

AfterweatheringthesharpestcontractionineconomicactivitysincetheGreatDepression,theU.S.economyisgraduallyregaininglostground.Buttheroadtorecoverywillnotbeeasy.Inthispresentation,WellsFargoeconomistTimQuinlanandClemsonProfessorHolleyUlbrichwilldescribewheretheU.S.economyfitsintheglobalrecoverywhileprovidingsomeinsightastohowtheU.S.recoverywilltakeshape.

Inrecentyears,theauditingstandardshavebeenstrengthenedinanattempttoimprovethequalityandeffectivenessoffinancialstatementaudits.CPAfirmsneedtoactnowtotrainauditprofessionalsonhowtoeffectivelyandefficientlyperformauditsthatcomplywithrelevantstandards.

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Successintoday’smarketisdependentonourpeoplebecausewerelyonthetalenttounderstandtherules,toapplythestandardsandemploythetechnologyandtoserviceclients.OrganizationsmustpreservetheirbestperformersinordertocompetebecausethereareopportunitiesforCPAsnowandtherewillbemoretomorrow.Thissessionwillexplainfurtherwhyretentionisstilljustasimportantasever,explorebestpracticesforbuildingandmaintainingthesystemsthatpromoteretentioneffortsandhighlightavailableretentionresources.

Session Descriptions | Thursday, November 11 | 1:20 - 3:00 pmA

&A

Fair Value Accounting: A Critical New Skill for All CPAs,JenniferLouis,Business Learning Institute, Towson, MD(D01)–2credits

IRS Circular 230 and Disclosure of Uncertain Positions Panel,ErikDoerring,McNair Law Firm;RickHandel,SC DOR; WilliamHiggins,Ellis, Lawhorn & Sims, LLC; CarolineStrobel,USC;GwenSonier&ThomasSheaffer, IRS(D02)–2credits

Retaining Your top Talent: Maintain the Desired Return on Your Investment,HeidiBrundage,American Institute of CPAs, Durham, NC (D03)–2credits

Fairvalueaccountingisreshapingtraditionalfinancialstatements!Gaininsightsintotheconceptualandpracticalreasonsforusingfairvalueastherequired(orop-tional)measurementattributeforanumberofnewandexistingaccountingstandards.ThecoursecoverstheconceptualandpracticalissueswhicharisewhenfairvaluemeasurementisimplementedunderexistingFASBstandardsandprovidesexamplesoftheseissues.

Session Descriptions | Thursday, November 11 | 3:20 - 5:00 pm

International Financial Reporting Standards, TimothyDoupnik,University of South Carolina, Columbia (E01)–2credits

How to Deal with the IRS: Audits, Examinations, Appeals and the Aftermath, ErikDoerring,McNair Law Firm, Columbia andThomasSheaffer,IRS, Columbia(E02)–2credits

Social Media and the CPA,CarltonCollins, AdvisorCPE, Norcross, GA(E03)–2credits

ManyCPAscompletelydismisssocialmediaasjustabigwasteoftime.Itoooncethoughtthisway,butnolonger.Theundeniablefactisthat“whoyouknowmatters–right?”.Areyouwellconnected?Couldyoubebetterconnected?Today’ssocialmediahelpsyouestablish,cultivate,andgrowthelistof“peopleyouknow”.Throughsocialmedia,youcanconnectdirectly,andevenindirectlywithothersinapositiontorecommendyou,useyourproductsorservices,andassistyouinsurprisingways.

Theheatisontaxpractitioners!RegulatorsandlawmakersrespondingtoirresponsibletaxadvicefromCPAsandattorneyswhowerebelievedtobereputablehaveproducedasteadystreamofnewrulesandregulationsregardingdisclosureandresponsibilityfortaxreturninformation.Manypractitionersthinktherulesofpracticemayadverselyaffecttheirabilitytoeffectivelyrepresenttheirclientandmayconflictwiththeirobligationsunderprofessionalethicsrules.Thenewdisclosurerulesarecontroversial,andmayconflictwithtaxprofessionals’representationoftheirclients’interests.Attendthissessionandlearnhowthesechangesimpactyou,andthecontroversysurroundingthem.

Asignificantpercentageoftaxpayingcitizenshavetheexperienceofbeingaudited(IRSusestheterm“examination”)atsomepointduringtheirlives,andtheIRSisrampingupitsauditschedule.Knowingwhattoexpect,howtorespond,andwhattodoifyoudon’tagreewiththeresultcansavetimeandmoneyforyouandyourclient!AttendthissessionandhearanswerstosomeofthemostcommonquestionsabouthowtheIRSconductsaudits,andwhatrightsandobligationstaxpayershaveinthecourseofthatprocess.Mr.SheafferwilltalkaboutwhattheIRSexpectsandrequires.Mr.DoerringwilldiscusshowtodefendyourclientanddealwiththeIRStoachieveanoptimalresultforyourclient,andwillprovideanoverviewofcriminaltaxconsiderationsinconnectionwithanaudit/exam.

ThissessionprovidesabriefoverviewoftheInternationalAccountingStandardsBoard(IASB)andtherolethatInternationalFinancialReportingStandards(IFRS)playinglobalaccounting;describestheU.S.SecuritiesandExchangeCommission’s(SEC)reactiontoglobalaccountingstandards,includingitsIFRSroadmapandcurrentworkplanfortheintegrationofIFRSintotheU.S.financialreportingenvironment;summarizestheFASB/IASBconvergenceprocess;anddescribestheprocessentitieswouldfollowtocomplywithIFRS1First-timeAdoptionofIFRSifrequiredtoconvertfromU.S.GAAPtoIFRS.

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Timemanagementisso20thcentury.Youcan’tgetanymorehoursintheday-butyoucangetmoreenergyforyourself-andinfuseyourorganizationwithit.Thesedays,it’spersonalenergymanagementthatmakesthedifferenceinperformance,productivityandprofit.Athletes,entertainers,astronauts,trialattorneysandthemili-tarytrainconstantlytobephysicallyandmentallyreadytoperformasapeakenergyteamovershortperiodsoftime.Yetinbusiness,professionalsattempttoperformathighlevelsovermanyweeksandmonths,oftenwithoutmuchofabreak.Asaresult,theyexperienceperformance-sappinglowmorale,burnoutandturnover.Thiscoursewillshowyouhowtochangeyouroutlookandapproachbytappingsecretsandstrategiesfromsports,science,psychology,literatureandevenhistory.

Session Descriptions | Friday, November 12 | 8:30 - 10:15 amA

&A

Auditing Real-World Frauds,MarkHobbs,The Hobbs Group, Columbia (J01)–2credits

Hot Topics in Estate and Gift Tax, DaveSojourner,Ellis Lawhorne & Sims, Columbia (J02)–2credits

Performance, Productivity and Profit: Creating the Higher Energy Organiza-tion,GregConderacci, Business Learning Institute, Towson, MD(J03)–2credits

Manyauditorsstrugglewiththelinkagebetweeninternalcontrol,auditdesignandfrauddetectionunderSASNo.99.Thisinteractivecourseutilizeshands-oncasestudiesbasedonthelatestguidanceonthenewCOSOmodelonInternalControlFrameworkisgearedtohelpparticipantscarryouttheirfinancialstatementfraudresponsibilities.Auditorsandcorporateaccountingandfinanceprofessionalswillfindthiscourserelevantandtimely.Thecourseincludesanoverviewoftheauditor’sresponsibilitiesrelatedtofinancialstatementfraudunderSASNo.99andclearlylinksthesetotheauditor’sriskassessmentprocessundertheRiskAssessmentStandards.

Thispresentationwillfocusoncurrentdevelopmentsinestateandgifttaxationandthestatusofestatetaxreform.Inadditionthissessionwillfocusoninnovativeideasforsophisticatedestatetaxreductiontechniquesandassetprotectionplanning.

Session Descriptions | Friday, November 12 | 10:30 am - 12:05 pm

SSARS Update,MichaelGlynn,American Institute of CPAs, New York, NY(K01)–2credits

Judicial and Administrative Highlights: Focus on Accounting Practice, DavidAughtry,Chamberlain, Hrdlicka, White, Williams & Martin, Atlanta, GA (K02)–2credits

Five Smooth Stones: Facing Goliath and Winning,GregConderacci,Business Learning Institute, Towson, MD(K03)–2credits

Areyoufacingthechallengeofalifetime?Itcanbeadifficultcareertransition,aterrific(andsomewhatterrifying)businessopportunity,oranymajoreffort.BeforeDavidfacedGoliath,heselectedfivesmoothstonesforhissling.Thiscoursegivesyoufivestrategiesforsucceedinginthefaceofseeminglyoverwhelmingodds.

DuringthissessionthepresenterwilldiscussrecentactivityoftheAccountingandReviewServicesCommittee(ARSC)includingtheissuanceofStatementonStandardsonAccountingandReviewServicesNo.19,CompilationandReviewEngagementswiththeAICPAstaffliaisontotheARSC.Alsoincludedwillbeadiscussionofotherauthoritativeandnonauthoritativeguidanceavailabletoaccountantsperformingcompilationandreviewengagements.

Fromcopingwithheightenedstandardsforpreparerpenaltiesthroughwork-productprotectionofworkpaperstosalvationintheSecondCircuit’sSteinopinion,thislastyearimpactsthelifeoftaxaccountantsinamuchbiggerwaythanperhapsanyprioryear.Withanemphasisonthatarea,wewillcoverthelastyearlikekudzu.

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FewprofessionscancommandthetrustandrespectoftheCPA,andindeedthedemandforCPAserviceshasneverbeenhigher.Atthesametime,though,manyCPAservicesarebecomingcommoditizedandpressureonhourlyratesisintense.Itisalsoincreasinglydifficulttomovechoicebusinessfromcompetitors.Finally,firmsandcompaniesarefindingthecompetitionfortalentedemployeescanbemorechallengingthanthecompetitionforgoodclients.Inshort,successfulfirmsmustbeabletotranslatetrustintovaluetomonetizeandcapitalizemoresuccessfullythebenefitstheyoffer.

Session Descriptions | Friday, November 12 | 1:45 - 3:25 pmA

&A

What’s Happening with the SC Board of Accountancy,MarkHobbs,The Hobbs Group, Columbia(M01)–2credits

The 2010 Legislative Glacier, DavidAughtry,Chamberlain, Hrdlicka, White, Williams & Martin, Atlanta, GA(M02)–2credits

Turning Trust into Value: Business Development Boot Camp,GregConderacci,Business Learning Institute, Towson, MD (M03)–2credits

ThesessionwillincludethehottesttopicsfacingtheSCBoardofAccountancyincludingthefollowing:ethicalissuesfacingCPAs,mandatorypeerreviewfindings,disci-plinaryactionsoflicensees,currentregulatorychangesunderconsiderationforamendment,impactofInternationalAccountingandAuditingStandards,mobility–howhasitimpactedtheStateofSC,andwhatlicenseesneedtoknowabouttheBoardofAccountancy.

FromtheHealthCareActsubstitutionofthestatutoryeconomicsubstancetestfortherestoftheCode,throughtheHIREACTtaxcreditsandestatetaxlimbo,totheSmallBusinessvariationontheBushtaxcuts,2010hasprovidedlayeruponlayeroflegislativedevelopmentsyouneedtoknow.

Session Descriptions | Friday, November 12 | 3:40 - 4:30 pm

Accounting & Auditing Update, KyleAnderson,A&A Update Review, Inc., Anderson, SC(N01)–1credit Tax Compliance for Equity and Incentive Benefit Arrangements, GilbertWeiner,Cherry Bekaert & Holland, Vienna, VA (N02)–1credit

Health Reform and Its Impact, JamesD’Alessio,BlueCross/BlueShield of SC, Columbia(N03)–1credit

Keepabreastofthefast-pacedchangesinaccountingandauditing.Thissessionwillcoverthemostrelevantpronouncements,exposuredraftsandconsensusreportsrecentlyissuedintheaccounting,auditing,compilationandreviewarenas.

Duringthissessionthepresenterwillcoverthetypesofincentivebenefits/paymentssuchasstockandnon-equityincentives(deferredcompensation,differenttypesofstockoptions,stockappreciationrights,employeestockpurchaseplans),andsimilarvehicles,aswellasdiscussindetailtaxadministrative,withholdingandreportingrequirements,andsomeunusualreal-lifeissuesassociatedwiththemsuchasdeathanddivorce.Timepermitting,thesessionmayalsoaddresssomeothermatterssuchastaxabilityofothertypesofpaymentssuchastheBPpayoutsforGulfCoastbusinessownersandemployees,expenseaccountrequirements,etc.

HealthReformLegislationisnowinplace,butwhatdoesitallmean?Howwillitaffectmycompany?Howwillmycurrenthealthplanhavetochange?DoIhavetooffermyemployeesnewcoverage?Willthecostsgoup?Arethereanychangestothespendingaccounts?Willaccesstohealthcareinmyplanbeincreasedordecreased?Whatarethepenaltiesfornoncompliance?Allofthesequestionsandmorewillbecoveredinthissession.

Event HighlightsThursday, November 11

8:00 – 8:45 am Annual Business Meeting (A01)As a member of SCACPA attend this meeting to elect new board members, approve the 2011 SCACPA budget and hear a brief update on SCACPA’s activiites that benefit you and the CPA profession.

12:20 – 1:20 pm Summit Luncheon Roundtable DiscussionsOver lunch discuss with your peers the issues and concerns that keep you up at night. You may find that you are not alone in your concerns, and you may find solutions to your concerns.

5:30 – 6:30 pm Old Guard Reception (F01)By special invitation only, CPAs who have been SCACPA members for 30 years or more will renuite with their peers in an intimate setting.

5:30 – 6:30 pm Young CPAs Reception (F02)Join the Young CPAs Cabinet as they celebrate their 2010 successes! This reception is designed for CPAs 35 years old or younger.

6:30 – 7:15 pm Opening Member Reception (G01)Wind down after a full day of education by renewing acquaintances and make new ones.

7:30 – 10:00 pm Summit Dinner and Awards Ceremony (H01)Enjoy dinner with colleagues while supporting SCACPA’s awards and recognition program.

Friday, November 12

7:15 – 8:15 am Managing Partners Breakfast (I01)During this breakfast managing partners of mid-size to large firms have the opportunity to hear from AICPA Chair Elect, Paul Stahlin.

12:05 – 1:40 pm New CPA Oath Ceremony and Student Recognition Luncheon (L01)Join SCACPA as they conduct the semi-annual New CPA Oath Ceremony and recognize college students majoring in accounting from across the state who are recipients of the 2010 education fund scholarships. In addition, AICPA Chair Elect, Paul Stahlin will provide a professional issues update.

12:50 - 1:40 pm KEYNOTE SPEAKER: Perspectives on the Future of Business & the CPA Profession (L01) Paul Stahlin, Skylands Community Bank, Hackettstown, New Jersey – 1 credit, other In this special session, you will have the opportunity to hear from AICPA Chair-Elect and Regional President of Skylands Community Bank, Paul Stahlin. Mr. Stahlin will give a National Focus presentation on the “new normal” and what it means for CPA professionals, including a discussion on the national issues facing CPAs.

1:45 – 3:25 pm CPA Exam Simulation (M04)Join Becker CPA Review as they simulate the CPA Exam for accounting students and CPA candidates.

2010 CPA Summit and Annual Meeting | November 11-12, 2010 | Embassy Suites • Columbia, SC

H. Kyle Anderson, CMA, CPA, Professor of Account-ingbeganhiscareerinEducationandPublicAccount-ingin1984afterreceivinghisMastersofProfessionalAccountancyfromClemsonUniversity.Kylehasover18yearsofexperienceworkinginpublicaccounting,spe-cializingintaxationandconsultingandisinhis20th

yearofteachingattheUniversitylevel.Currently,Kyleisinhis14thyearteachingfull-timeatAndersonUniversityintheCollegeofBusinessandhisfirstyearwithA&AUpdateandReviewInc.

David D. Aughtry, Esq.,practicefocusesonciviltaxlitigation.Since1986,hehasmanagedtheChamber-lain,HrdlickaAtlantaoffice.DavidgraduatedfromTheCitadelin1975withaB.A.inEnglish,fromtheUniversityofSouthCarolinain1978withaMastersinAccountingandalawdegree,andfromEmory

Universityin1982withaMastersinTaxation(LL.M.).Upongraduationfromlawschool,DavidjoinedtheIRSOfficeofChiefCounselasaTrialAttorney,wherehealsoservedasaTaxShelterCoordinator.

Heidi M. Brundage, CPA, SPHR, is a current mem-berofthePrivateCompaniesPracticeSection(PCPS)teamattheAICPA.PCPSisafirmmembershipsectionoftheAICPAthatfocusesonfirmpracticemanagementandadvocacyforpublicaccountingfirms.HeidiisaCPAinthestatesofOhioandNorthCarolinaandaSenior

ProfessionalinHumanResources(SPHR).SheisamemberoftheAICPA,theOhioSocietyofCPAs,theNorthCarolinaAssociationofCPAsandtheSocietyforHumanResourceManagement.

J. Carlton Collins, CPA,isaCertifiedPublicAc-countantwithexperienceintechnology,tax,auditing,accountingsystems,financialreporting,andbondfinancing.Heisanauthor,lecturer,andtechnology&accountingsystemsconsultant.Hehaspublishedmorethantwodozenbooks,twohundredarticles,andthou-

sandsofwebpages.Asapublicspeaker,Mr.Collinshasdeliveredmorethan2,000lecturesin44statesand5countriesaddressingmorethan500,000businessprofessionals,includingnumerouskeynotelecturesatnationalandinternationalconferences.

Greg Conderacci,SeniorFellow,BusinessLearningInstitute,Inc.,hasbeenusingthemagicofcommunicationtohelppeopleleadhappier,moreproductiveandrewardinglivesforthreedecades.Hisprivateconsultingfirm,GoodGroundConsultingLLC,isdedicatedtohelpingorganizationsandteamsdiscoveranddefendtheir"goodground"--thefertilemarketnichewheretheirproductivitypeaks.HeteachesmarketingattheJohnsHopkinsUniversityBusinessSchoolandservesonitsBusinessAdvisoryBoard.Inthe1970s,asareporterforTheWallStreetJournal,Mr.ConderaccicoveredbusinessinDetroitandalsowroteeconomicsoutofWashington,D.C.

James A. D’Alessio, Esq., currentlyVicePresidentofGovernmentAffairsforBlueCrossBlueShieldofSouthCarolinaanditsCompanioncompanies,Jamesisprimarilyresponsiblefordevelopingcorporaterelationshipsandinfluencingpublicpolicyatalllevelsofgovernment.Priortoassumingthisposition,James

servedasAssociateGeneralCounsel,andwasprimarilyresponsibleforinteractionwithstateandlocalgovernment.

Erik P. Doerring, Esq.,shareholderwiththeMcNairLawFirmfocusesonbusinessandcorporaterepresen-tationwithanemphasisoneconomicdevelopmentandtax.Hiseducationalbackgroundandprofessionalexperienceisfirmlyrootedintaxation.Aftergradu-ationfromlawschool,Erikservedasanattorneyin

theOfficeofChiefCounsel,InternalRevenueService.In1989hewasappointedAssistantUnitedStatesAttorneyfortheNorthernDistrictofCaliforniarepresentingtheUnitedStatesDepartmentofJustice’sTaxDivisioninFederalandstatecases.AfterreceivinghisMasterofLawsdegreeinTaxationin1993,ErikjoinedMcNairLawFirm,P.A.andiscurrentlyaShareholderandheadsuptheTaxControversyPracticeTeamandEconomicDevelopmentPracticeTeamfortheFirm.

Timothy S. Doupnik, PhD, is Professor of Account-ing,MooreFacultyFellow,andCramerFellowinInternationalAccountingattheUniversityofSouthCarolina'sDarlaMooreSchoolofBusiness.Hisprimaryresearch interest is international accounting and he haspublishedarticlesinthisareainvariousjournals

including Abacus, Accounting, Organizations, and Society,International Journal of Accounting, Journal of Accounting Literature, Journal of International Accounting Research, Journal of International Accounting, Auditing, and Taxation, and Journal of International Business Studies.InanissueoftheInternationalJournalofAccounting,hewaslistedasthemostprolificauthorininternationalaccountingjournalsduringtheperiod1980-1996.HereceivedtheOutstandingInternationalAccount-ingEducatorawardfromtheInternationalAccountingSectionoftheAmericanAccountingAssociationin2008.

Speaker Spotlight

2010 CPA Summit and Annual Meeting | November 11-12, 2010 | Embassy Suites • Columbia, SC 2010 CPA Summit and Annual Meeting | November 11-12, 2010 | Embassy Suites • Columbia, SC

Michael P. (Mike) Glynn, CPA,isaTechnicalMan-agerintheAICPAAuditandAttestStandardsTeam.Inthiscapacity,MikeservesasthestaffliaisontotheAccountingandReviewServicesCommittee(ARSC).Inaddition,MikesupportstheactivitiesofAuditingStandardsBoard(ASB)anditssubcommitteesbyas-

sistingmembersindraftinganddeliberatingauthoritativeprofessionalstandardsandinterpretations.PriortojoiningtheAICPAinApril1998,MikeworkedatErnst&YoungLLPinNewYork.Mikeprimarilyservednot-for-profitclientsinE&Y’sauditingpractice.

Rick Handel, Esq.,isaSeniorAdministratorandtheGeneralCounselforPolicyoftheSouthCarolinaDepartmentofRevenue.Formerly,hewasapartnerinthelawfirmsofNexsenPruetJacobs&PollardandMoore&VanAllen.WhileinprivatepracticehewasincludedinTheBestLawyersinAmerica.BeforethathereceivedtheOutstandingProfessorAwardasataxprofessorattheUniversityofSouthCarolina’sSchoolofLaw.TheSouthCarolinaSupremeCourthasdesignatedhima“CertifiedSpecialist–TaxationLaw.”AttherequestoftheUnitedStateshehasdiscussedtaxtheoryandpracticeherewithgovernmentofficialsfromRussiaandMoldovaandvisitedMoldovatocontinueandexpandthosediscussions.RickisthefounderoftheSouthCarolinaStateandLocalTaxStudyGroup,aformervicechairoftheAmericanBarAssociation’sStateandLocalTaxCommittee,andamemberofitsStandardsofTaxPracticeCommittee.

Mark T. Hobbs, CPA, CFF, is the Managing Share-holderofTheHobbsGroup,PA.TheHobbsGroup,PAprovidesauditing,accounting,taxandconsultingservicestoadiverseclientbaseinSC.DuringhisthirtyplusyearsinpublicaccountingMarkhasacquiredextensiveexperiencewithprivatelyowned,closely

heldbusinesses,financialinstitutions,governmentalentities,realestatemanagement,nonprofitorganizations,andlitigationsupportconsultation.MarkispastPresidentoftheSCAssociationofCPAsandcurrentlyservesontheSCBoardofAccountancy.

Frances W. Kleckley,SystemicAdvocacySystemsDirectorwiththeInternalRevenueServicegraduatedfromFrancisMarionUniversitywithaBachelorofSciencedegreeinBusinessAdministrationin1981andhassincecompletedworktowardaMBA.ShebeganherIRScareerin1982asaRevenueOfficerin

Columbia,S.Candsubsequentlyheldvariousmanagementandtechni-calpositionsintheCollectionDivisionalongwithavarietyofNationalOfficeassignments.

Jennifer F. Louis, CPA,hasmorethan18yearsofexperienceindesigningandinstructinghigh-qualitytrainingprograms.In2003sheformedEmergentSolutionsGroup,LLC,servingorganizationsbyprovidingtrainingservicesonaproject-specificorpart-timebasis.Mostrecently,Ms.Louiswasexecutivevicepresident/directoroftrainingservicesatAuditWatch,Inc.,apremiertrainingandconsultingfirmservingtheauditprofession.ShebeganhercareeratAuditWatchasvicepresidentofproductdevelopment.BeforejoiningAuditWatch,Ms.Louiswasthefinancial/operationalauditmanageratAARP.

William (Bill) O. Higgins, Esq., isamemberoftheBusiness,RealEstateandFinancePracticeGroup.InadditiontohisJurisDoctor,BillearnedanLLMdegreeinTaxationfromNewYorkUniversitySchoolofLaw,receivingacomprehensivefoundationintaxlawincludingrealestate,partnerships,andincome

tax.Overthepasttenyears,hehasbeenleaddevelopercounselfortheacquisition,financing,development,orrehabilitationofdozensofprojectsinthemulti-family,assistedliving,conveniencestoreandretailareas.Heisactivelyengagedinthetax-deferredrealestateexchangearea,servingastaxpayers’counsel,qualifiedintermediary,andexchangeaccommodationtitleholderforreverseexchanges.Heisafrequentlectureronlegalethicsandlawyermisconduct,Section1031tax-deferredexchangesofrealestate,andotherrealestate,tax,andbusinessmatters.

Aaron Nelson, IOM,isthePresidentandCEOoftheChapelHill-Carrboro(NC)ChamberofCommerceandhasservedastheExecutiveDirectorofitseconomicandcommunitydevelopmentpartner,theFoundationforaSustainableCommunitysinceitscreationin2004.Astheco-founderandSeniorFellowatthenational

InstituteforSustainableDevelopmentandaFordFoundationFellowforRegionalismandSustainableDevelopment,Aaronconsultsandspeaksnationallyandinternationallyonthebusinessleadershiproleinbuild-ingsustainablebusinesses,organizationsandcommunities.

Speaker Spotlight, continued

2010 CPA Summit and Annual Meeting | November 11-12, 2010 | Embassy Suites • Columbia, SC

Tim QuinlanisaneconomistforWellsFargo.BasedinCharlotte,N.C.,heprovidesanalysisandcommentaryonU.S.businessspendingaswellasmacroeconomicdevelopmentsinforeigneconomies.Priortojoiningtheeconomicsgroupin2007,TimheldpositionswithinWachoviaasafinancialadvisorandwithin

EvergreenInvestmentsasatrustaccountportfoliomanagerandinvest-mentstrategist.PriortojoiningWachoviain2002,hespentseveralyearsworkingforPutnamInvestmentsinBoston.

Thomas (Tom) SheafferisaStakeholderLiaison(Industry)withtheSmallBusiness/SelfEmployeddivisionoftheInternalRevenueService.HehasbeenwiththeIRSfor9yearsasaSeniorTaxSpecialistandheistheSmallBusinessLiaisonfortheIRSinSouthCarolina.AsaSeniorStakeholderLiaison,heisresponsiblefortaxlaweducationandoutreachtoTaxProfessionals,smallbusinessownersandindustryorga-nizations/associations.HeisalsoacertifiedTaxLawinstructorwiththeIRS,teachingboth1040taxlawandinternationaltaxlawissuestothetaxprofessionalcommunity.

David C. Sojourner, Jr., isanattorneywiththefirmofEllis,Lawhorne&Sims,P.A.inColumbia,SC.HereceivedhisB.S.degreeinEconomicsfromClemsonUniversityin1983;hisJ.D.degreefromtheUniversityofSouthCarolinaSchoolofLawin1986;andhisLL.M.degreeinTaxationfromNewYorkUniversityin1987.

HewasadmittedtotheSouthCarolinaBarin1986.Mr.SojournerisaCertifiedTaxationSpecialistandaCertifiedEstatePlanningandProbateSpecialistandaFellowintheAmericanCollegeofTrustandEstateCouncil.Mr.SojournerislistedintheBestLawyersinAmerica.

Gwen Sonier, hasbeenwiththeInternalRevenueServiceforover30years.OriginallyfromNewYork,GwengraduatedfromCornellUniversityandbeganhercareerwiththeIRSasaCustomerServicerepresentative.Shecontinuedhereducationbyattendingeveninglawschoolforseveralyears.GwenlaterheldpositionsasaTaxComplianceOfficer,SupervisoryTaxTechnician,LeadAnalyst(NationalOffice),QualityReviewmanager,andProblemsResolutionCoordinator-Exam,beforeherselectionasaTaxpayerAdvocateGroupManager(TAGM)inTASin1999.GwenhasbeenamemberoftheAreaReviewPanel,EEOandDiversityGroupandisaparticipantintheSeniorManagementReadinessProgram(SMRP).

Paul V. Stahlin, CPA,isViceChairmanoftheAmericanInstituteofCertifiedPublicAccountantsfor2009-10andwillserveasChairmanin2010-11.HehasservedtheAICPAinmanycapacities.StahlinwasamemberoftheBoardofDirectorsandthegoverningCouncilforeightyears.From2001-2004,heserved

onthespecialtaskforceonServicestoMembersinIndustry,whichmaderecommendationsforimprovingAICPA’sservicetomembersinbusinessandindustry.HechairedtheAuditCommitteefrom2007-2008andhasservedontheStrategicPlanning,CompensationandFinanceCommittees.StahlinisregionalpresidentofSkylandsCommunityBankinSomerville,N.J.Hehasanextensivecareerinbanking,havingservedasexecutivevicepresidentandchieffinancialofficerofFleetCreditCardServicesandcorporatecontrollerofSummitBancorp.Hebeganhiscareerinpublicaccounting,includingsixyearswithPriceWaterhouse&Co.,apredecessorfirmofPricewaterhouseCoopers.HewasPresidentoftheNewJerseySocietyofCPAsfrom1999-2000.HeiscurrentchairoftheauditcommitteeoftheSomersetMedicalCenterBoardofTrustees.

Holley Hewitt Ulbrich, PhD, is Alumni Professor of EconomicsEmeritaatClemsonUniversityandaseniorfellowatboththeStromThurmondInstitute.SheservedontheClemsonfacultyfrom1967to1997andcontinuestoteachinthedoctoralprograminPolicyStudiesatClemsoninretirement.Theauthorofnine

booksandwell-knownasaconsultanttostateandlocalgovernmentagencies,includingtheGeneralAssembly,shehashadaconsiderableamountofexperienceintaxationatthelocal,state,national,andeveninternationallevel,havingtaughtshortcoursesintaxationandpublicfinanceattheWorldBankforfiveyears.Dr.Ulbrichworkedasapolicyanalystforfederalgovernmentduringasabbaticalin1984-85.Shehaswrittenextensivelyonthepropertytax,thesalestax,andbudgetaryissues,includingfiscalsustainability.

Gilbert J. Weiner, Esq., istheManagingDirectorofCherry,Bekaert&Holland’sCompensationandBenefitsSolutionsPracticeinVienna,Virginia.Asanattorneywithextensivebenefitsandcompensationexperience,GilfocuseshispracticeonmeetingthehumancapitalandbenefitsneedsoftheFirm’sdiverse

clientbase.BasedoutoftheWashingtonoffice,heassistsemployersthroughouttheSoutheastinoptimizingtheiremployee,executiveanddirectorcompensationandbenefitarrangementstoachievetaxefficiencies;ensurecompetitivepractices;mitigatebusiness,fiscalandtaxrisk;andimprovetheirpotentialpost-transactionmarketpositions.

2010 CPA Summit and Annual Meeting | November 11-12, 2010 | Embassy Suites • Columbia, SC

THINGS YOU NEED TO KNOWProgram Details:Logontowww.scacpa.orgforcompleteprogramdetailsincludingsessiondescriptions,speakerbiographies,andsecureonlineregistration.

Confirmation:Aconfirmationwillbesentviae-mailormailwhenyourregistrationisprocessed.Intheeventyourconfirmationisnotreceived,pleasecontactourCPETeamat(888)557-4814,ext.110or112orcpe@scacpa.org.

Registration Modifications:Transfersmadeoneweekbeforeeventdatewillincura$25administrativefee.Cancellationsreceivedlessthanoneweekbeforetheeventforfeitthematerialsandentireregistrationfee.Substitutionsareaccepteduptothedayoftheeventandaresubjecttofeeadjustmentsbasedonmembershipstatusofsubstitute.Noshowsforfeitthematerialsandentireregistrationfee.

Special Requests: Pleasecontactusassoonaspossiblewithspecialneedrequests,CPETeamat(888)557-4814,ext.110or112orcpe@scacpa.org.

Questions, Modifications, or Requests:SCACPACPETeammembersareavailableMonday-Friday,8:00am–5:00pmat(888)557-4814,ext.110and112,orcpe@scacpa.org.Messagesmaybeleft24hoursaday.

LOCATION INFORMATIONFacility:EmbassySuitesHotel&ConferenceCenter200StoneridgeDrive,Columbia,SC29210|(803)252-8700

Room Rate: $119,roomblockexpires10/21/10Parking:Complimentaryselfparking

Directions: Pleaselogontoourwebsite,www.scacpa.orgfordirections.

Hotel Reservations Online: http://embassysuites.hilton.com/en/es/groups/personalized/CAEGSES-AMA-20101110/index.jhtml?WT.mc_id=POG.

CONTINUING EDUCATIONCPE Credits:16hours

CFP Credits:14 CLE Credits:12.5

Fields of Study: A&A13;BusinessManagement3;Marketing2;Other7;PersonalDevelopment2;PracticeManagement4;SpecializedSkills&Knowledge2;Tax13

Method: Lecture Level: All

Note: Professionaleducationcreditsareallocatedbasedonsessionsattended.

WAYS TO REGISTEROnline www.scacpa.org

Mail SCACPA,570ChrisDrive,WestColumbia,SC29169

Fax (803)791-4196 (creditcardandchoicecardpaymentsonly)

2010 CPA Summit and Annual Meeting | November 11-12, 2010 | Embassy Suites • Columbia, SC

About This Event

Registration

COURSE CODE: 411010

Thursday, November 118:45 – 10:30 am (2 credit hours)r EffectiveandEfficientRisk-BasedFinancialStatementAuditsin Compliance with Yellow Book (B01) A&Ar EconomicOutlook(B02)Otherr TechnologyUpdate(B03)Specialized Skills & Knowledge

10:45 am – 12:20 pm (2 credit hours)r InternalControlsforSmallerEntities:PracticalCaseStudies (C01) A&Ar HowtoDealwiththeIRS:TaxpayerAdvocacy(C02)Tax r GreenPlus,Sustainability&theTripleBottomLine(C03) Other

1:20 – 3:00 pm (2 credit hours) r FairValueAccounting:ACriticalNewSkillforAllCPAs(D01)A&A r IRSCircular230&DisclosureofUncertainPositions(D02)Tax r RetainingYourTopTalent:MaintaintheDesiredResult(D03) Practice Management

3:20 – 5:00 pm (2 credit hours) r InternationalFinancialReportingStandards(E01)A&Ar HowtoDealwiththeIRS:Audits,Examinations,Appealsand theAftermath(E02)Tax r SocialMediaandtheCPA(E03)Practice Management

2010 CPA Summit & Annual Meeting/In Conjunction With Tax Conference

Friday, November 128:30 – 10:15 am (2 credit hours)r AuditingReal-WorldFrauds(J01)A&Ar HotTopicsinEstateandGiftTax(J02)Tax r Performance,Productivityandprofit:CreatingtheHigher EnergyOrganization(J03)Business Management

10:30 am – 12:05 pm (2 credit hours)r SSARSUpdate(K01)A&Ar JudicialandAdministrativeHighlights:FocusonAccounting Practice(K02)Tax r FiveSmoothStones:FacingGoliathandWinning(K03) Personal Development

1:45 – 3:25 pm (2 credit hours)r BoardofAccountancyUpdate(M01)Other r The2010LegislativeGlacier,(M02)Tax r TurningTrustintoValue:BusinessDevelopmentBootCamp (M03)Marketing r CPAExamSimulation(M04)– No credits

3:40 – 4:30 pm (1 credit hour) r Accounting&AuditingUpdate(N01)A&Ar TaxComplianceforEquityandIncentiveBenefitArrangements (N02) Tax r HealthReformandItsImpact(N03)Business Management

EVENT REGISTRATIONS: (Pleaseselectallthatapply.Additionalpaymentnotedifrequired)

Thursday, November 11 r Annual Business Meeting (SCACPA members only) FREE(A01)r OldGuardReception(by special invitation only) FREE(F01)r YCPAs Reception (35 years old or younger) FREE(F02)r OpeningMemberReception-FREESummitparticipants and dinner guests ALLOTHERS$20perperson(G01)r SummitDinnerandAwardsCeremony $60perpersonor$440pertableof8(H01)

Friday, November 12r ManagingPartnersBreakfast-partners of medium to large firms(I01)r NewCPAOathCeremonyandStudentRecognitionLuncheon FREE to Summit participants; New CPAs and Scholarship Recipients and one guest,AllOthers$27perperson(L01)

PARTICIPANT LISTAParticipantlistwillbeprovidedtoregistrantsattendingtheeventuponrequest.Pleasecheckthefollowingboxtooptoutofthelisting.o

CONCURRENT SESSION SELECTIONS: (Please select one session per time slot)

Registration continued on next page.

REGISTRANT INFORMATION

Name(PleasePrint)

SCACPAMember#orotherstateCPASociety#

Firm/Organization

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Fax

MobilePhoneoPrimaryPhone oSecondaryPhone

HomePhoneoPrimaryPhone oSecondaryPhone

Address

City/State/ZIP

Email

CONFERENCE MATERIALS:oGOGREENANDSAVEGREENPleasededuct$25fromyourregistrationfee,andprovideyoure-mailaddressabove.Materialswillbeprovidedapproximatelyoneweekbeforetheevent.(Emailrequired,seeabove)

REGISTRATION CATEGORY:rSCACPAMemberrNon-MemberrOtherStateCPASocietyMember

SUMMIT REGISTRATION FEES:rEarlyBird$280(expires10/21/10) rRegular$305rChoiceCard$400 rNon-member$405

EVENT REGISTRATION FEES:rMemberReception(nonSummitattendeeandguests):$20 #guest(s)__________x$20=________________rSummitDinner(perperson):$60 #guest(s)__________x$60=________________rSummitDinnerTableof8:$440 #table(s)__________x$440=_______________r OathCeremony/StudentRecognitionLuncheon:$27 #guest(s)__________x$27=________________

GuestName(s):

GRAND TOTAL FEES:

Summit EventsE-materialsTotal_______+ _______ - _______ = ________

PAYMENT INFORMATION:

Please indicate method of paymentq Check:IhaveenclosedacheckpayabletoSCACPAqVisaq MasterCard qAmericanExpressDiscoverq Choice Card (CC)

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CreditCard#

Exp.DateqFirmCard q Personal Card

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TotalFees:$_____________

QUESTIONS:ContactourCPEteam,(803)791-4181ext.110or112,ore-mailcpe@scacpa.org

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GOLD SPONSORSBB&T Insurance Services

www.cpai.com

CAMICO Mutual Insurance Company

www.camico.com

Southeastern Insurance Consultants, LLC

http://siconsultants.com/

SILVER SPONSORSAmerican Pensions

www.ampen.com/

BB&T Banking Serviceswww.bbt.com

EXHIBITORS1st Global, Inc.

www.1stglobal.com

LYC Mortgage, LLC www.lyccpa.com

Thomson Reuterswww.thomsonreuters.com

Sponsors & Exhibitors_______+ _______ - _______ = ________

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PRSRT STDUS POSTAGE PAIDPERMIT NO. 1146

Columbia, SC

SOUTH CAROLINA ASSOCIATION OF CPAs570 Chris Drive • West Columbia, SC 29169(888) 557-4814, Toll free in SC • (803) 791-4181www.SCACPA.org

www.s c a cpa . o rg /Summi t2010 SCACPA MEMBERS REGISTER BY OCTOBER 21 TO SAVE $125!