False Claims, Clean Energy Credits & AI Training Day Training Day-2024
September 12, 2024
8:30 a.m - 12:25 p.m.
To Register: https://goto.webcasts.com/starthere.jsp?ei=1676532&tp_key=e25955c909
At the end of the session, you will be able to:
Vermont False Claims Act: 101
- Recognize the main statutory components of Vermont False Claims Act (FCA) and the value of the FCA in stopping fraud against the State.
- Describe who can bring an FCA case and what protections whistleblowers receive.
- Identify tools and strategies to assess whether an FCA case brought by a relator has merit.
- Identify when a referral can be made to the Attorney General’s Office for investigation of potential FCA violations.
Monetizing Clean Energy Credits for Tax-Exempt Organizations
- Identify the various tax credit provisions under the IRA for tax-exempt entities.
- Describe the different credit rates and bonus credits available.
- Describe the elective pay option for nonprofit organizations.
- Recall the registration and submission process, including an overview of key IRS due dates for tax filings needed to claim the credits.
- Discuss tax compliance filing considerations when taxpayers are ready to claim the credits.
Automation and AI: Use Cases and What's In It For You
- Describe how AI and automation technologies work, specifically in the context of accounting and finance.
- Recognize a range of practical use cases of AI and automation in financial processes.
- Learn how implementing AI and automation can significantly improve efficiency, reduce errors, further organizational mission, and improve the lives of the workforce.
- Recognize how your organization can adapt and stay ahead in this rapidly evolving field, including strategies for implementation and overcoming potential challenges
Schedule
8:30-8:35 A.M. Welcome, housekeeping, including CPE info on how to obtain GIB credits, Introductions
8:35-9:25 A.M. Vermont False Claims Act 101
Instructed by Betsy Anderson
This session is an introduction to the Vermont False Claims Act (FCA) which creates civil liability for any person who knowingly submits a false claim to the State, causes another to submit a false claim to the State, or knowingly makes a false record or statement to get a false claim paid by the State. The session will provide an introduction to the components of the FCA and an overview of the process involved when violations of the Act are identified.
9:25-9:40 A.M. Break
9:40-10:55 A.M. Monetizing Clean Energy Credits for Tax-Exempt Organizations
Instructed by Michael De Prima
The Inflation Reduction Act (IRA) created significant opportunities for tax-exempt entities to tap into tax credits for their green energy investments. In this session, we’ll explain what credits are available under the IRA, how various projects and activities can qualify for energy credits, and how to enhance tax credit opportunities for tax-exempt entities.
10:55-11:10 A.M. Break
11:10-12:25 P.M. Automation and AI: Use Cases and What's In It For You
Instructed by Mitch Thompson
We will delve into the dynamic world of automation and artificial intelligence (AI) in the realms of accounting and finance. Our focus will be on the practical applications and benefits of automation in streamlining accounting and finance-related processes. We'll explore a variety of use cases demonstrating how automated systems and AI technologies, including business intelligence reporting, generative AI, and Large Language Models (LLMs), are revolutionizing data processing, accuracy, and decision-making for state and local governments, nonprofit organizations, and higher education institutions. Prepare to engage with insights and real-world examples that showcase the transformative power of these technologies in enhancing efficiency, reducing manual workload, and unlocking new potentials in financial management and reporting
CPE
Prerequisites: None
Program level: Overview
Advance preparation: None
Delivery method: Group Internet Based
Recommended CPE: 4 Credits (2.5 Specialized Knowledge; 1.5 Taxes)
NASBA Statement
CliftonLarsonAllen LLP is registered with the National Association of State Boards of Accountancy (NASBA) as 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
CPE Sponsor Policies
For more information regarding CliftonLarsonAllen’s CPE Sponsor policies, contact Elizabeth.spencer@claconnect.com