Foundational Skills
One of the strongest benefits to AGN members over the years has been the technical training we offer at the beginning of a career. We are very proud to say that we have had a role in the development of several hundred professionals within our member firms.
The AGN Foundational Skills (formerly Staff Training) program has always provided a variety of benefits, but now, with the collaboration of
Clark Schaefer Hackett,
AICPA and
AuditSense, we have enhanced it to fit the needs of today’s young talent as well as our member firms.
This new curriculum is focused on creating excellent accountants as well as excellent leaders. We are training the next generation of partners, and by blending professional skills with the technical at the earliest levels, we are creating a level of critical thought, ownership and responsibility that is necessary to succeed. Each level will address important technical topics and trends, whether tax or audit, and will also dedicate time to key professional skillsets, like time management, business development, project management and more.
Foundational Skills 1
Training starts on the first day of work. It is imperative that you surround new team members with your firm’s unique culture and introduce the resources available to them on a daily basis. We understand that means that often the firm-specific information on systems, processes and the location of the bathrooms is intermixed with more general technical and soft skills content.
That is why AGN and Clark Schaefer Hackett have created a complimentary
Guide to Level 1 Foundational Skills for you to implement within your firm. Whether you’re doing this for two people or twenty, you can use this comprehensive outline to ensure that you’re touching on all of the key topics during your onboarding process. Additionally, you’ll be preparing your staff members for the upcoming levels in the
AGN: ADVANCE Foundational Skills program, setting their mindset and expectations for future training.
Please feel free to alter our suggestions and tailor them to your firm. If you have any questions or suggestions, please feel free to
share!
Foundational Skills 2
Summer Session: May 12 - 16 (Cincinnati, OH)
Fall Session: October 21 - 25 (Atlanta, GA)
COST: Audit - $1,450 per person | Tax - $1,450 per person
(Above costs do not include airfare, hotel, and ground transportation)
PLEASE NOTE:
Arrive on Sunday in time for the reception at 6:00 pm.
Class will be from 8:30 am - 5 pm Monday-Wednesday. Class will end at 3 pm on Thursday.
Firms are responsible for booking their own hotel and flights. Hotel information for all sessions can be found on the Hotel tab.
Prerequisites: Professionals with at least 2 years of public accounting experience:
Audit - Staff Associate; Tax - Future Tax Specialist
Program Level: Basic
CPE hrs./Field of Study:
Audit: 24 hrs in Auditing, 10 hrs. in Professional/Business Development |
Tax: 24 hrs. in Taxes, 10 hrs. Professional/Business Development
Audit Learning Objectives:
• Understanding the differences between marketing, sales, client development
• Identify personal brand though creating a personal brand strategy map
• Assess current relationships and identify what relationships are critical to your success
• List, define and understand key terms of the Audit Process
• Describe the interrelationship between audit assertion and procedures
• Describe the building blocks to an audit and the purpose of each
• Prepare workpapers in accordance with the documentation standard
• Describe the importance of and uses of inquiry during an audit
• Explain how to perform and document a substantive analytical procedure
• Understand the purpose and use of the Statement of Cash Flows
Tax Learning Objectives:
• Understand recent developments in individual taxation, including tax reform.
• Understand gross income issues with compensation and nontaxable fringe benefits
• Understand basic taxation of property transactions, including business property, depreciation recapture, capital gains & losses, etc.
• Master tax computations.
• Identify legal & tax differences among various forms of entities.
• Recognize the concept of double taxation under Subchapter C.
• Understand and apply tax reform, including the new rate regime, AMT repeal and AMT credit refunds.
• Understand the importance of accurately completing Schedule M-3, including temporary and permanent differences.
• Understand items of corporate income and deductions.
Summer Level 2 Sessions in Cincinnati: Registration & Hotel Reservations Deadline:
April 26, 2019
Fall Level 2 Sessions: Registration & Hotel Reservations Deadline:
October 4, 2019
