Date: Thurs., Mar. 26, 2020
12:00 pm - 2:00 pm
Live webinar
Course fee: $0
Attendees are encouraged to submit questions in advance to Eric@msda.com
A webinar with Allen M. Schiff, CPA, CFE, Managing Member of Schiff Dental CPAs
See the MSDA website for a list of COVID-19 resources for dentists.
Course Description
This course will review the impacts of the federal Coronavirus Rescue Package upon dentistry, and other means of asset protection in the current economy. In light of recent changes in the economy and with respect to holding programs online, Allen Schiff and his team will educate you and your practice how to weather the current economic downturn. This online course will focus upon:
- Evaluating and creating overhead goals
- Identifying and cutting overhead
- Identifying and protecting your assets
- Identifying assets for the future
- Communicating with patients during poor economic times
- How the MSDA can help
- Banking and finance during economic downturn
- HR issues during economic crises
- Compensation to your employees
- Employees and Unemployment
- How will the federal government help you doing this time of crisis
- What you and your team should be doing during “down time”
- How are the Banks going to help you?
- Attendee questions will be answered
Speaker Bio
Allen Schiff is the managing member of Schiff & Associates, LLC (S&A). Prior to forming S&A, Allen was a partner with Smart & Associates (formerly Grabush, Newman) for 30 years and was their practice leader for dental practice management services. Allen has over 35 years of experience in the areas of dental practice management. Allen's services include business planning to include obtaining financing, succession planning, exit strategies and long-range planning. Allen has assisted dentists with practice acquisitions, start-ups, operational analysis and associate contract analysis.
Allen received his BS degree in accounting from the University of Baltimore (June 1975) and is an accomplished speaker on topics such as dental practice management, transition planning, choosing a dental CPA, obtaining financing, identifying embezzlement in the workplace and business start-ups.
Allen has published numerous articles within the dental industry and can frequently be seen in Dental Economics, as he is a contributing writer to the magazine. In 1998, Allen earned the designation of Certified Fraud Examiner (CFE), having the expertise to resolve allegations of fraud, obtain evidence, take statements, write reports, testify to findings and assist in the detection and prevention of fraud and white-collar crime. Recently, Allen has received the SMART CEO award 6 out of the last 7 years as one of the Top CPA’s in the State of Maryland, most recently awarded in May 2015.
Allen is the President of the Academy of Dental CPAs (www.adcpa.org). This group of very knowledgeable CPA firms across the nation specializes in practice management services to the dental industry. He serves on the ADCPA Executive Committee and is Chairperson of the ADCPA Marketing & New Members Committees. The ADCPA combines its outstanding resources and expertise to share information and jointly develop resources to better serve the dental community.
Allen enjoys sharing his dental practice management knowledge. He has presented to the ADA (American Dental Association), the AGD (Academy of General Dentistry), AAPD (American Academy of Pediatric Dentists), local Mid-Atlantic societies, as well as various dental study clubs. For the last 33 years, Allen has taught at a local dental school as well as 8 other national dental schools on the subject of dental practice management. Allen is a current Board Member of the Maryland State Dental Association Foundation as well as a Consultant to the ADA (September 2019)
Asset Protection in the Current Economy
