EY CPE Fairrsvp.ey.com/CSG3/2016/1611/1611-2123178... · Aaron Watts, Tax Manager, Ernst & Young LLP Today’s tax environment is deﬁ ned by a growing list of provisions and an

EY CPE FairThursday, 8 December 2016

Fee structure

EY CPE Fair | Thursday, 8 December 2016 1

Thursday, 8 December 2016

AgendaStart End Agenda

8:00 8:30 Registration and continental breakfast

8:30 9:30Post-election federal tax legislative update

Michael Dell

9:30 9:40 Break

9:40 11:25Audit and accounting update

Carlo Pippolo

Tax updateAlexa Claybon, Andy Cooper,

Chad Couch, Michael Daniels, John Gupta, Rachel Quintana, Kelley Simon &

Aaron Watts

11:25 11:45 Break

11:45 12:45Smart cities: the promise of the IoT and municipal transformation

Michael Littlejohn

12:45 1:00 Break

1:00 1:50Trends in roboticsRobert DeMaine

1:50 2:00 Break

2:00 2:50Seven drivers of growth

Taylor Sisson

2:50 3:00 Break

3:00 4:45Professional ethical aspects of insider trading

Kevin O’Brien University of Denver

4:45 6:00 Reception and networking

2 EY CPE Fair | Thursday, 8 December 2016

Post-election federal tax legislative update

Michael Dell, Partner, Ernst & Young LLP

The recent US election results have created a fertile legislative landscape for tax reform. Tax policy is one of a handful of high-priority items for the incoming president and Congress, and for the fi rst time in years, comprehensive tax reform is a real possibility. The potential tax changes under consideration could have implications not only for businesses, but for US trade, treaties and global relations. As the government prepares to weigh tax reform options, the global focus on tax is also intensifying, driven by revenue needs, increased tax transparency and economic competition. All of these forces combined create greater tax risks and uncertainty for taxpayers. This session will discuss how economic, political and global forces are converging to shape broader tax policy – and what this may mean for companies.

Audit and accounting update Carlo Pippolo, Partner, Ernst & Young LLP

As we approach year-end reporting, are you up-to-date with current accounting and regulatory developments? Can you identify the implications for your company’s fi nancial accounting and reporting? Staying abreast of recent and pending rules and regulations is critical to positioning your company for success. This speaker will share insights including recent activities of the SEC and PCAOB, Standard-setting activities at the FASB and other fi nancial reporting matters to consider. This session will allow you to gain critical knowledge that will help in addressing the possible effects on your business.

Tax update Alexa Claybon, Principal, Ernst & Young LLP

Andy Cooper, Tax Partner, Ernst & Young LLP

Chad Couch, Tax Senior Manager, Ernst & Young LLP

Michael Daniels, Manager, Ernst & Young LLP

John Gupta, Tax Executive Director, Ernst & Young LLP

Rachel Quintana, Tax Senior Manager, Ernst & Young LLP

Kelley Simon, Senior Manager, Ernst & Young LLP

Aaron Watts, Tax Manager, Ernst & Young LLP

Today’s tax environment is defi ned by a growing list of provisions and an increasingly strict approach to enforcement at all levels. Decisions made in one area can trigger actions and reactions throughout the enterprise. This session will focus on developments and trends in the areas of federal, state and local and exempt organization update.

Session descriptions

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Smart cities: The promise of the IoT and municipal transformation

Michael Littlejohn, Global Smart Cities Leader, Ernst & Young LLP

Much has been written about “smart”. There are smart cars, smart homes, smart buildings, and smart cities – to name a few. What does it, truly, mean to be smart? How does the Internet-of-Things play into smart? How will smart be used to transform how governments make decisions and support their citizens? This session will answer all of these questions while sharing some examples of the promise of smart – beyond a connected refrigerator.

Trends in robotics Robert DeMaine, Associate Director, Global Markets Knowledge, Ernst & Young LLP

Disruptive digital technologies and the Internet of Things will continue to drive industry growth through 2020 and beyond. Advances in a smart, connected, digital world are enabling the rapid acceleration of smart robotics. This session will cover recent trends in robotics from the perspective of the EY Global Technology Sector. The speaker will discuss the market opportunities and challenges as applications continue to expand and society prepares for a highly automated future.

Seven drivers of growth Taylor Sisson, Assurance Partner, Ernst & Young LLP

EY has identifi ed seven drivers of growth that create a sustainable growth strategy and help plot the next steps on your journey to market leadership. Ambitious companies need strategies that are as unique and aspiring as their businesses. Finding innovative ways to accelerate and sustain growth can give you a competitive advantage. This session will help you change the way you think about growth and the speaker will share concepts on creating a strategic road map to help you get there.

Professional ethical aspects of insider trading

Kevin O’Brien, Associate Professor, Daniels College of Business, University of Denver

In the last fi ve years, there have been a number of signifi cant insider trading court cases involving CPAs. These court cases provide important insight on the motivations of CPAs to: (1) engage in unethical conduct; (2) violate provisions of their professional code of conduct; and (3) laws related to insider trading. Moreover, the Supreme Court denied appeal in the Second Circuit in the Newman case that could completely unravel tipper/tippee insider rules relevant to CPAs unless Congress takes action. If allowed to stand, the Newman case will make legal most tipper/tippee situations that are not only unethical but clear violations of the CPA’s codes of professional responsibility.

EY CPE Fair | Thursday, 8 December 2016

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SpeakersSpeaker Experience

Alexa Claybon

Ernst & Young LLPPrincipal

[email protected]+1 202 327 7642

Alexa Claybon is a tax Principal of Ernst & Young LLP United States in the National Tax Department in Washington, DC. She is a part of the Business Tax Services group specializing in federal income tax accounting methods, research credit and incentives and the domestic manufacturing incentive(Sec. 199). She is experienced in assisting business taxpayers to identify tax saving opportunities and mitigate risk in industries including aerospace and defense, communications, fi nancial services, retail, industrial manufacturing, power and utilities, real estate, hospitality and construction, and information technology.

Prior to joining Ernst & Young LLP United States, Alexa was an Attorney-Advisor in the U.S. Treasury Department’s Offi ce of Tax Policy from 2011-2015 where she was primarily responsible for the development and review of regulations and other published guidance and coordination of such projects with the IRS’ Offi ce of Chief Counsel, the Large Business and International and the Small Business and Self-Employed divisions. She also participated in drafting the President’s annual budget proposals and tax reform proposals and reviewed Congress’ legislative proposals in her areas of expertise. She advised the Assistant Secretary for Tax Policy and assisted other Treasury Department and other Executive branch departments on tax matters, including international trade and economic development matters and energy-related grant programs.

Before the Treasury Department, Alexa worked at national and local offi ces of public accounting fi rms for 12 years, advising clients, leading tax consulting engagements, meeting with the IRS on behalf of clients and developing thought leadership in her areas of technical specialty. She has authored/co-authored many articles on federal income tax accounting methods topics and has participated frequently as a speaker in public forums on federal tax matters.


5EY CPE Fair | Thursday, 8 December 2016

Speaker Experience

Andy Cooper

Ernst & Young LLP International Tax Partner


Andy Cooper leads EY’s International Tax Services practice in Denver. Andy focuses on international tax advisory services, with a particular emphasis on international structuring, repatriation, foreign tax credit planning, cross-border fi nancing, intellectual property planning and international mergers and acquisitions. Andy also has signifi cant experience with international tax compliance, including the international tax aspects relevant to fi nancial statement reporting. Prior to his current role at EY in Denver, Andy provided international tax services in London, San Jose and Seattle. While in London, Andy was a member of EY’s US Tax Desk.

Andy received a B.S. in accounting and an M.S. in accountancy from the University of Florida. He has memberships in the American Institute of Certifi ed Public Accountants and the Colorado Society of Certifi ed Public Accountants. Andy is a certifi ed public accountant licensed in the state of Colorado.

Chad Couch

Ernst & Young LLPSenior Manager, SALT Income Franchise, Indirect Tax Services


Chad Couch is a Senior Manager in the Indirect Tax Services Practice of EY’s Denver offi ce. Chad has more than 18 years experience practicing in the federal and state and local income tax area. He most recently served as an Income Tax Director at a Fortune 500 corporation. Chad’s primary experience is in the areas of state income and franchise tax compliance, federal income tax compliance, tax compliance process management, state tax controversy, and state income tax planning. Chad serves clients in a variety of industry sectors including fi nancial services, telecommunications, software and technology, restaurant and consumer products, real estate, and life sciences. Chad has a B.S. in Economics from Purdue University in West Lafayette, Indiana in 1995 and a Masters Degree in Taxation from the University of Denver in 2007.

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Michael Daniels

Ernst & Young LLPTax Manager


Michael Daniels is a Manager within EY’s Business Tax Services group, focusing heavily on the research credit and section 199 deduction incentives. Michael’s clients range from start-ups to multi-nationals, many of which utilize both the research credit and section 199 deduction. Michael graduated from Wake Forest University where he earned degrees in both Accounting and Finance, and is a licensed CPA in the State of Colorado.

Michael Dell

Ernst & Young LLP Partner


Michael Dell is a member of EY Partnership Transactional Planning & Economics Group. He also leads the EY Center for Tax Policy. Mike advises the fi rm’s clients in numerous industries and assists them in identifying tax effi cient strategies arising from legislative, regulatory, and tax policy changes. His focus is in the taxation of intellectual property, and he has provided tax services to multinational companies. He advises companies with respect to planning for anticipated business changes, computing the potential earnings impact of these changes, and reviewing tax effi cient strategies to accomplish a company’s business objectives. Mike also advises clients on a variety of specifi c issues, including amortization of intangible assets, accounting methods review, INDOPCO, acquired and self-created intangibles, depreciation, like-kind exchanges, software development costs, and controversies with the Internal Revenue Services.

Robert DeMaine

Ernst & Young LLP Associate Director, Global Markets Knowledge


Robert DeMaine joined EY July 2012 with more than 20 years of experience covering Technology sector trends. He is an Associate Director in EY’s Knowledge organization and Senior Technology Sector Analyst. Robert primary role is to work closely with Global Technology Center leadership to develop insights and a unique point of view on new disruptive trends including Artifi cial Intelligence, Drones, Robotics, Blockchain and the Internet of Things. He has published articles on 3D Printing and Digital Transformation and been quoted in EY reports and the press on the sharing economy and Artifi cial Intelligence.


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Speaker Experience

John Gupta

Ernst & Young LLPExecutive Director, Indirect Tax Services


John Gupta is an Executive Director and Indirect Tax Location Leader with EY’s Denver tax practice. John has been with EY since 1996, and has 20 years of experience practicing in the areas of state tax controversy, tax planning, compliance, transaction advisory consulting, tax provisions, sales and use taxes, and economic incentives.

John is EY’s liaison to Colorado Department of Revenue regarding tax policy and controversy matters. John has strong relationships with top executive personnel within Colorado Department of Revenue, as well as key personnel within Conferee, Discovery, and Field Audit Divisions. John has worked with the Department of Revenue to implement policy changes in areas such as partnership withholding, net operating losses, enterprise zone credits, corporate apportionment, fi ling methods, and sales tax exemptions.

John received his B.A. in Accounting and Finance from Miami University in Oxford, Ohio in 1992. He received his J.D. and Masters degree in taxation from the University of Akron in 1996, both with honors

Michael Littlejohn

Ernst & Young LLPEY Global Smart Cities Leader


Michael has more than 30 years of experience in Advisory Professional Services. As an executive at three global fi rms, he has held senior leadership positions in Delivery/Practice Management, Business Development, and Strategy. He has experience in the domains of state and local government, operational and organizational restructuring; smart cities, and human capital management. Michael serves as the Global Lead for EY Smart Cities.

Prior to EY, Michael most recently served as the Senior Client Partner for a major state and local government account. He has also served as the North Americas leader for Smarter Cities. In this role he was tasked with developing and growing a unit that created, and delivered a range of services focused on making government functions smarter such as transportation, public safety, utilities, education, public healthcare and general services, With his former employers, Michael also served as a member of the Public Sector Senior Leadership Team.



Kevin O’Brien

Daniels College of Business,University of DenverAssociate Professor, Department of Business Ethics and Legal Studies

[email protected] +1 303 871 2027

Kevin is an associate professor in the Department of Business Ethics and Legal Studies at the Daniels College of Business. In the classroom, he analyzes key executive decisions from many perspectives: ethical, professional, international, public policy and legal points of view in his course Ethics for the 21st Century Professional. As an attorney, CPA and an IRS revenue agent, he has wide experience in civil and criminal investigations and has published and lectured extensively on professional ethics. O’Brien is known as one of the leading experts in Sarbanes-Oxley issues as well as corporate whistle-blowing and the law throughout the country. His commentary can also be found on the nationally acclaimed www.theracetothebottom.org, a blog on important legal issues of the day. When working with the media, O’Brien can address issues of values-based leadership and executive responsibility, Sarbanes-Oxley compliance, employment law, corporate whistle-blowing and the law, legislative and corporate corruption, technology and electronic commerce. His government and corporate experience enable him to discuss issues from both a practical and high-level perspective. Kevin earned an LL.M. in Taxation from New York University, and a JD and BSB from the University of Denver.

Carlo Pippolo

Ernst & Young LLPPartner, Professional Practice Director


Carlo Pippolo, an assurance partner with 28 years of experience, serves as a Professional Practice Director in the Southwest Region. Based in Houston, Carlo consults with assurance professionals and their clients on a variety of accounting, auditing and risk management issues. Previously, Carlo was Director – Accounting Standard Setting in EY’s Accounting Standards Department in New York. Carlo led the fi rm’s efforts involving standard-setting activities of the Financial Accounting Standards Board and led EY’s National team dealing with, among other topics, revenue recognition, compensation matters and earnings per share. Carlo was a member of the FASB’s Emerging Issues Task Force and of the Institute of Management Accountants’ Financial Reporting Committee.

Prior to joining EY’s Accounting Standards group, Carlo served as an auditor in the fi rm’s Houston Offi ce and in EY’s National SEC Practice in Washington D.C. He also participated in a two-year fellowship at the Financial Accounting Standards Board, and worked for two years in the SEC’s Division of Corporation Finance. Carlo is a graduate of the University of Houston and is a CPA in Texas and New York.


Speaker Experience

Rachel Quintana

Ernst & Young LLPSenior Manager, Indirect Tax,Sales & Use Tax


Rachel is a sales and use tax professional focused on delivering quality solutions to clients. She is currently a Senior Manager in the Indirect Tax practice of EY based in Denver. Rachel helps clients fi nd and implement solutions in the following areas: tax advisory, planning, compliance, process improvement, controversy, look-back reviews, and voluntary disclosure agreements. Rachel joined the State and Local Tax (SALT) practice at EY after serving as the Tax Manager for the City of Thornton, CO. In this position Rachel managed all aspects of tax administration for the City including managing a team of auditors, coordinating appeals, litigation support, refund review, drafting ordinances and regulations, and oversight of the collections and delinquency unit. In addition, she previously worked for the Colorado Division ofGaming auditing casinos for compliance with gaming regulations andremission of gaming taxes.

Rachel holds Bachelor of Science degree in Professional Accounting and Business Administration from Regis University and is a Certifi ed Public Accountant (CPA) in the State of Colorado. As a former tax administrator in the Colorado home rule environment, Rachel has the expertise and network to identify and implement creative solutions for the unique issues that businesses encounter when operating in the Colorado market.

Kelley Simon

Ernst & Young LLPTax Senior Manager

[email protected]+ 1 720 931 4690

Kelley Simon is a senior manager in Ernst & Young LLP’s Exempt Organization Tax Services practice. Kelley practices in the areas of tax-exempt federal (Form 990, 990-T and 990-PF) and state information and business tax fi lings, research and consultation. She has performed tax compliance and consulting work for various public charity and private foundation clients.

As a part of Ernst & Young LLP’s Exempt Organization Tax Services practice, Kelley focuses on public charities and private foundations. She advises clients with issues regarding public charity and private foundation status, joint ventures, tax aspects of fi nancial reporting for exempt organizations, alternative investment impact and reporting, program-related investments, self-dealing, taxable expenditures, and various other topics that affect exempt organizations. She has experience dealing with penalty excise taxes, tax controversy and IRS audit representation, and general 501(c)(3) issues, such as excess benefi t transactions and unrelated business income tax. She serves public charities such as research institutes, community foundations, educational organizations and large health care systems, as well as a variety of private foundations. Kelley earned both her BS and MS in Accounting from the University of Cincinnati and is a certifi ed public accountant in California and Colorado.


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Taylor Sisson

Ernst & Young LLPAssurance Partner


Taylor is an assurance partner with more than 17 years experience serving SEC registrants, private-equity investees, and VC funded private companies in the software, hardware, retail, real estate, and utilities industries. He has assisted clients with the successful completion of numerous initial public offerings (IPOs), secondary offerings, equity and debt private placements, acquisitions, and carve-outs. He has also assisted companies working through complex accounting issues.

In addition to serving clients, Taylor also is the leader for the Central Texas EY Entrepreneur of the Year program, which annually recognizes high-impact entrepreneurs whose successes are deserving of celebration. Taylor also teaches extensively for EY and helps lead the recruiting efforts for Austin and the University of Texas at Austin. He is also very active in the Austin community, including serving on the Board for Breakthrough Austin and United Way of Texas. Taylor earned a Masters in Accounting from the University of Texas at Austin.

Aaron Watts

Ernst & Young LLPInternational Tax Manager


Aaron Watts is an international tax manager in EY’s Denver offi ce. He provides international tax advisory, compliance and accounting services. Aaron advises clients on cross-border transactions, effi cient cash management and fi nancing structures, repatriation, intellectual property alignment and foreign tax credit planning. Additionally, Aaron works with clients to properly comply with the related tax and fi nancial statement reporting requirements.

Aaron joined EY in 2009 after receiving a JD from the University of Denver. He also received a bachelor’s and master’s degree in accounting from Brigham Young University. Aaron is a member of the American Bar Association and Colorado Bar Association.



Notes



EY | Assurance | Tax | Transactions | AdvisoryAbout EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confi dence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member fi rms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

Ernst & Young LLP is a client-serving member fi rm ofErnst & Young Global Limited operating in the US.

© 2016 Ernst & Young LLP. All Rights Reserved.

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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax or other professional advice. Please refer to your advisors for specifi c advice.

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EY CPE Fairrsvp.ey.com/CSG3/2016/1611/1611-2123178... · Aaron Watts, Tax Manager, Ernst & Young LLP Today’s tax environment is deﬁ ned by a growing list of provisions and an