Accounting Summit

About the Accounting Summit

The Accounting Summit offers CPE credits on the beautiful campus of Appalachian State University.

The 2024 Accounting Summit has been rescheduled and is now being held on Monday,  December 16 from 8am to 5pm.  Join us and earn up to 8 hours of CPE.  Registrants will receive an information packet prior to the event date with more details pertaining to location on campus and parking.

2024 Registration Information

Included in registration is up to 8 hours of CPE credit, breakfast, lunch and parking.  Attendees must be present for an entire session in order to get credit for that session.

Registration is now open!

Pricing 

$200 for individual registrations

$175 per attendee for groups of 5 or more.

 

Click here to register today!

Individual Registration

Group Registration


This year we are happy to be offering one free registration to non-profits.  Please contact Jill Hoekstra for more information and to register. hoekstrajr@appstate.edu

2024 Accounting Summit Program

2024 Accounting Summit – Program

Program level content for all sessions is deemed Basic.  No prerequisites or advanced preparation needed.  


7:30am-8:00am Seating, Lite Breakfast, and Refreshments


8:00am-8:15am Welcome and Introductory Remarks


8:15am-9:05am “The Accounting Pipeline Problem: What can we do about it?” (1.0 Personnel/Human Resources)– Pennie Bagley and Kevin Eller

Learning Objectives

At the end if this presentation, you will be able to answer the following:

    1. What is the Accounting Pipeline?
    2. Why is it concerning for the accounting profession?
    3.  What is being done by the profession and academia to address the problem?

9:05am-9:15am Break


9:15am-10:05am “NFPs for NFPs: Necessary Financial Practice for Not-for-Profits”(1.0 Accounting) - Kimberly Buckles and Sarah Black

Learning Objectives

  1. Define Not for Profit Entities
  2. To identify challenges and risks specific to the not for profit business environment
  3. To compile information related to external compliance and reporting guidelines in which not-for-profit entities must adhere.
  4. To advise steps to ensure management and governance is prepared to address the aforementioned areas

 


10:05am-10:15am Break


10:15am-11:05am “Axe the Tax: Navigating IRS Penalties” (1.0 Taxes) – Andrew Bosserman

Learning objectives:

  1. Understand common IRS penalties
  2. Apply penalty abatement strategies
  3. Handle abatement denials effectively
  4. Analyze real-life case scenarios
  5. Understand the roles of CPAs and tax attorneys in penalty abatement

11:05am-11:15am Break


11:15-12:05pm “Updates in ESG and Sustainability Accounting" (1.0 Specialized Knowledge)- Tammy Kowalczyk

Learning Objectives

  1. Describe the current issues in sustainability accounting and ESG reporting
  2. Provide regulatory and industry updates on this topic relevant to professional accountants
  3. Discuss sustainability issues related to impacts from Hurricane Helene
  4. Engage participants in activity related to assessing sustainability reporting

 


12:05-1:00pm Lunch


1:00pm-1:50pm “Dysfunctional Practices that Kill your Work Culture”(1.0 Personnel/Human Resources)- Timothy Ludwig

Labeling and blame are an illusion of human perception resulting in dysfunctional practices that hurt safety cultures and blind us from the true cause of at-risk behavior.  By analyzing the context of behavior we can discover ways to change your system to optimize safe behavior and reduce injury.  Blame is an illusion of human perception
resulting in dysfunctional practices that hurt our safety culture and blind us from finding the true root causes of at-risk behavior related to incidents.  This presentation will teach a better way to analyze behaviors and determine the systems that put workers in the position to take the risk.  By analyzing the context of behavior we can discover ways to change company systems to optimize safe behavior and reduce injury.

LEARNING OBJECTIVES:

1. Participants will be able to describe the dysfunctional practices that harm safety cultures.
2. Participants will be able to define behavior in the context of the work environment.
3. Participants will be able to describe sources of Behavioral Variance
4. Participants will be able to determine the system variable that need adapting to change behavior on a permanent basis across all workers.


1:50pm-2:00pm Break


2:00pm-2:50pm “Reporting of Casualty Losses for Individuals and Businesses” (1.0 Taxes)– Brian Crutchfield

Learning Objectives:
1. Current Events: Hurricane Helene Disaster Areas and IRS Filing Relief
2. Current Events: Pending Legislation (H.R. 5863)
3. Types of Individual Casualty Losses and Reporting Differences
4. Types of Business Casualty Losses and Reporting Differences
5. Special Elections Related to Casualty Losses
6. Determination of Basis and Fair Market Value for Casualty Property
7. IRS Safe Harbor Methods for Determining Decrease in FMV of Casualty Property
8. Where and When to Report a Gain from Casualty
9. Deferring Gains with Involuntary Conversions
10. Depreciation Recapture on Casualty Gains
11. Reporting Casualty Losses on Inventory
12. Casualty Reporting Differences between Entity Types


2:50-3:00pm Break


3:00pm-3:50pm “Strategies to Maximize Social Security” (1.0 Finance-Technical)- Mark Walker

Program Description:

Focus of the presentation is understanding and making the most of your Social Security benefits

 Learning Objectives:

  1. Social Security Overview
  2. Social Security Benefits
  3. 6 Myths about Social Security

 


 3:50-4:00pm Break


4:00pm-4:50pm "BCS Partner Q & A Session - The Business of Accounting: Conversations on Staffing, Billing, and Leadership"(1.0 Business Management & Organization)- Chad Kisner and Kenny Benson

Learning Objective: "Engage in an interactive discussion to explore strategies and best practices in staffing, billing, leadership, practice management, client relationships, and technology, aimed at enhancing the efficiency, profitability, and future-readiness of accounting firms."

 

 Appalachian State University – Department of Accounting is a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www. NASBARegistry.org. 

2024 Presenters

Pennie Bagley
Pennie Bagley

Dr. Pennie Bagley is a Professor of Accounting and the Chair of the Accounting Department at Appalachian State University. She teaches auditing and is a co-author on a leading audit textbook. She has published audit educational cases in Issues in Accounting Education. Her research interests include a variety of auditing topics; more recently, her research focus has turned to examining the remote work environment and how that impacts relationships in the workplace. Her research has been published in Auditing: A Journal of Practice and Theory, Behavioral Research in Accounting, Journal of Accountancy, and Current Issues in Auditing. Currently, she serves as a NCACPA Education Task Force representative. In her spare time, Pennie enjoys traveling, participating in running races and triathlons, and, most importantly, spending time with her family.

Andrew Bosserman
Andrew Bosserman

Andrew Bosserman is a tax controversy attorney, CPA, and former IRS agent. His law firm, Boss Tax Law, focuses on helping business owners navigate tax disputes, primarily with the IRS. Andrew lives in Charlotte with his family, where they enjoy hiking in the North Carolina mountains, spending time with family and friends, and volunteering with their local church.

Kevin Eller
Kevin Eller

Dr. Kevin Eller is an Associate Professor of Accounting at Appalachian State University. He teaches in the areas of tax and financial accounting, and he is also the Internship Director for the department. His primary research interests include whistleblowing, fraud reporting, taxation, and accounting education. His research has been published in Behavioral Research in Accounting; Advances in Accounting Behavioral Research; Advances in Accounting Education; Journal of Information Systems; Practical Tax Strategies; The Tax Adviser; Internal Auditing; The CPA Journal; Accounting and the Public Interest; Journal of Accounting Education; Advances in Accounting; Policy Studies; Journal of Accounting, Ethics and Public Policy, and Journal of Accountancy. Before academia, Kevin worked in public accounting for a few years. He enjoys playing music and spending time outdoors with his family and friends.

Kenny Benson
Kenny Benson

Kenny Benson holds a Masters of Accountancy from East Tennessee State University and has 23 years of public accounting experience. He joined Blackburn, Childers & Steagall in 2014 and has been a tax partner with BCS since 2019. He is the partner in charge of the Kingsport, TN office and serves on the Executive Committee. He is a member of the AICPA and the TSCPA.

Kim Buckles
Kim Buckles

Kim has been with Blackburn, Childers & Steagall since June 2017, and is a Supervisor in the Johnson City Audit Department. She possesses Bachelor of Science degrees in Accounting, Computer Information Systems, and Business Administration from Milligan University. Kim is also a member of the TSCPA and the Young Professionals of Johnson City.

Chad Kisner
Chad Kisner

Kisner, CPA, CISA, CITP, is an audit partner at Blackburn, Childers & Steagall, where his main areas of practice concentration are financial statement audits and related advisory services. He has been with BCS for 27 years and has been a partner since 2009. Chad holds a degree from Milligan University and is a licensed CPA in Tennessee. He has also completed the Certified Information Systems Auditor (CISA) and Certified Information Technology Professional (CITP) designations. Chad specializes in audit services, information systems auditing and cybersecurity, healthcare, and non-profit organizations, including higher education, governmental entities, and SOC engagements.

Timothy Ludwig
Timothy Ludwig

Timothy D. Ludwig Ph.D.
Biography: Timothy Ludwig earned his Ph.D. at Virginia Tech researching the benefits of
employee-driven behavioral safety programs continuing his post-doctoral
work in industrial engineering. His popular website Safety-Doc.com is a resource of safety culture
stories, blogs, research, videos, and services.  Dr. Ludwig serves on the
Cambridge Center for Behavioral Studies’ Behavioral Safety Accreditation Commission that
reviews best-in-industry safety practices and offers objective feedback on safety programs.
Dr. Ludwig is a Distinguished Graduate Professor at Appalachian State University where
he teaches in the nationally recognized Industrial/Organizational Psychology and Human
Resources Management Masters program. 
Dr. Ludwig is the author of dozens of research articles that empirically document
the successes of methods to improve safety and quality in industry through behavior-based
solutions. His books include Intervening to Improve the Safety of Occupational Driving, Behavioral Systems:
Understanding Complexity in Organizations, Sources of Behavioral Variance in
Process Safety: Analysis and Intervention, and Dysfunctional Practices that Kill
your Safety Culture (and What to Do about it).His newest book
The Science and Practice of Behavioral Safety empirically documents the best in practice
behavioral safety programs in the world.
Dr. Ludwig has over 35 years experience in research and practice in behavioral safety where
he integrates empirical findings into his safety consulting. Within his consulting practice Dr.
Ludwig has helped assess, design, and implement safety and quality improvement programs in
over 50 companies.

Sara Black
Sara Black

Sarah joined Blackburn, Childers & Steagall in 2017 and worked for several years in both the tax and assurance departments. She is currently an audit supervisor at the Johnson City office. She has experience with governmental, nonprofit, and private for-profit entities. Sarah graduated with her Bachelor of Business Administration in Accountancy in 2018 and Master of Accountancy in 2020 from East Tennessee State University. She has been a licensed CPA since 2020. In her spare time, Sarah enjoys hiking, kayaking, and spending time with her family.

 

Brian Crutchfield
Brian Crutchfield

Brian is a Senior Tax Associate with Blackburn, Childers Steagall, PLC in their Johnson City, TN location.  He specializes in business entity taxation, with primary industry expertise in the medical and real estate industries. Brian practiced in the Asheville, NC area before relocating to Tennessee in 2021. He is a licensed CPA in Tennessee and North Carolina. Brian graduated from Appalachian State University in 2009 with bachelor’s degrees in Finance Banking and Risk Management Insurance.

Tammy Kowalczyk
Tammy Kowalczyk

Dr. Tammy Kowalczyk is a Professor of Accounting and Sustainable Business at Appalachian State University. She teaches in sustainability accounting, ESG reporting, and sustainable business. Her research interests are in sustainability accounting, carbon accounting, forest carbon and conservation management, and decision behavior.  Her research has been published in the Journal of Industrial Ecology and the Journal of Environmental Management, and prior accounting related research has appeared in Behavioral Research in Accounting, Advances in Management Accounting, Issues in Accounting Education, Journal of Business and Psychology, and the CPA Journal.  Prior to academia, worked in public accounting, and for an environmental consulting firm.  She enjoys spending time outdoors with family and friends.

Mark Walker
Mark Walker

Mark is a private wealth advisor with Walker and Associates, a private wealth advisory practice
of Ameriprise Financial, LLC. He graduated from Lenoir-Rhyne University and is a
CERTIFIED FINANCIAL PLANNER™ and Chartered Financial Consultant®. Mark has been
a financial advisor for 30 years helping his clients navigate various financial situations. He
specializes in wealth preservation strategies, estate planning strategies, investments, tax planning
strategies, small business and charitable giving. He spends his free time hiking in the mountains
of North Carolina with his wife and dogs.

Conference Hosts

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