Program
Daily Schedule of Events 2018
November 14 – Fundamentals of Risk Transfer (8:30am-5pm)
Continental Breakfast, Lunch & Cocktail reception included
Session 1
What is Insurance?
Types of F&I Products & Risks
Dealer Participation in F&I Product Income and How to Choose the Right F&I Participation Program
Break: 10:10am – 10:30am
Session 2
Dealer Owned Warranty Company
How it all Works – Terminology and the Flow of Business and Cash
Lunch Break: Noon – 1pm
Session 3
Legal and Regulatory – Terminology, State and Federal Regulations
Captive Insurance for Enterprise Risk
Accounting Systems
Break: 2:30pm – 2:50pm
Session 4
Introduction to Taxation
Break: 3:50pm – 4:00pm
Session 5
Introduction to Controlled Groups and Attribution Rules
Corporate Governance and Record Keeping
November 15 – Risk Transfer & Taxation (8:30am-5pm)
Continental Breakfast, Lunch & Cocktail reception included
Session 1
Tax Reform Updates: Tax Cuts and Jobs Act of 2017 including Tax Rates, Net Operating Losses, Impacts on Insurance Companies, Pass Through Rules and More
Break: 10:20am – 10:40am
Session 2
Non-Controlled Foreign Corporation Panel
IRS Position on the Industry, Dirty Dozen Listing, Excise Tax Audits, 831(b) Company Audits, and Other Issues
SIIA Update: Base Erosion and Anti-Abuse Tax, New IRS Commissioner, Interagency Issues, and More
Lunch Break: Noon – 1pm
Session 3
953(d) Election Changes, Issues and How to Address Processing Errors
Review of Recent Cases: RVI, Avrahami, Wayfair, Validus and Reserve Mechanical
Break: 2:30pm – 2:50pm
Session 4
Limited Warranty and Prepaid Maintenance: Taxpayer Position, IRS Reaction, IRS Exam Versus Appeals, and Prognosis
State Updates Issues: California Franchise Tax Board, Microsoft Case
Break: 3:50pm – 4:00pm
Session 5
Domicile Update: TCI Re-Registration, Delaware Tribe Change of Insurance Commissioner, Anguilla
November 16 – Industry Trends (8:30am-3pm)
Continental Breakfast & Lunch included
Session 1
Executive Panel on F&I Trends & Issues: What Keeps You up at Night?
Federal Regulatory Update: Consumer Finance Protections Bureau, Military Lending Act, State Reactions to Wayfair and Nexus IssuesASC 606 Revenue from Contract with Customers Financial Statement Presentations
Break: 10:10am – 10:30am
Session 2
Ancillary Panel on Product Developments
Current Events and Economic Trends Impacting the Auto Industry Presented by Nationally Known Raymond James Economist
Lunch Break: Noon – 1pm
Session 3
GAP Risk Evolution
GAP Regulatory Trends/Legal Update
VSC Risk Evolution
VSC Regulatory Trends/Legal Update
Investment Restrictions – The Reality of Reinsurance Investment Options

 

Conference delivery method: Group: Live

Program Levels

Day 1: Basic

Prerequisites: None Required

Day 2‐3: Intermediate

Prerequisites: Attendees should include insurance professionals and administrators, risk managers, tax professionals, and consultants or attendance on Day One

GPW and Associates, Inc. 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