Auditing Standards Board Update

Jun 11, 2019 7:10am ‐ Jun 11, 2019 8:00am

Identification: NOT1915

This session will provide an update on the latest auditing standards board standard-setting activities including the proposed new auditor's report model, new projects on risk assessment and estimates, and audit evidence with a particular focus on the impact of new technologies such as blockchain, and data analytic techniques.

  • Identify the main provisions of the proposed model for the auditor's report
  • Analyze ASB's projects on risk assessment and estimates
  • Identify the impact of new technologies on audit evidence, including Blockchain and Data analytic techniques

Leases Standard Implementation - Time to Get Prepared

Jun 11, 2019 7:10am ‐ Jun 11, 2019 8:00am

Identification: NOT1916

With a focus on nonprofits, this session will cover key considerations related to the implementation of the new Leases standard with a focus on the practical application of the standard. In addition considerations to prepare for implementation of the standard as well as related audit considerations will be covered, specifically from a nonprofit perspective.

  • Determine how to efficiently and effectively prepare for implementation of the new lease accounting standards
  • Identify key audit and accounting considerations related to the new Leases standard

OMB Guidance on Procurement

Jun 11, 2019 7:10am ‐ Jun 11, 2019 8:00am

Identification: NOT1917

The Uniform Guidance provides requirements over direct procurements under federal awards. Now in effect, we will discuss how organizations are adapting, best practices for implementation and compliance and common audit findings.

  • Identify the new procurement requirements and thresholds
  • Apply best practices in implementing these new procurement requirements
  • Learn how the new requirements are being audited and common findings

Be Aware: How to Prepare for and Avoid the Pitfalls of State Charitable Solicitation Regulation

Jun 11, 2019 7:10am ‐ Jun 11, 2019 8:00am

Identification: NOT1918

State charitable solicitation registration compliance is essential to protecting your organization's ability to fundraise. For the organizations and the accountants who collaborate with them, this session will dig deeper into the regulations governing state charitable solicitation and explore the traps that may trip up even the most compliant. Tracy Boak, a Partner at Perlman & Perlman, a law firm dedicated to nonprofit law, will share her experiences in representing organizations before state charity regulators and discuss how to recognize the traps to avoid them, and how to respond if the regulators come asking for more.

  • Understanding of charitable solicitation compliance issues
  • Understanding of charity regulator enforcement concerns

Moving Beyond Performance Management

Jun 11, 2019 7:10am ‐ Jun 11, 2019 8:00am

Identification: NOT1919

As one of the more continuously and hotly contested HR topics of the recent past, the future of performance management is far from being settled. From understanding how we deal with compensation in the absence of ratings to the impact on employees, we need clarity on the right path forward that makes sense for our people and our organizations. A change is needed, but what is the right balance of new and evolving practices? This presentation will explore the high costs of traditional performance management, share examples of successfully implemented alternatives, and offer progressive steps to a new approach to driving performance in 2019 and beyond.

  • Identify ways in which performance processes can be powerful tools to enact change
  • Choose technology to transform the performance process
  • Select Artificial Intelligence driven recommendations to promote professional development
  • Determine how to help staff fulfill their potential

Decoding the World of Risks

Jun 11, 2019 7:10am ‐ Jun 11, 2019 8:00am

Identification: NOT1920

Today's news headlines reflect a variety of threats to charitable organizations, yet they may not be evident to the casual observer. In this session, a veteran risk and insurance executive examines the most significant risks du jour, together with proven, practical antidotes that conserve nonprofit assets for mission.

  • Determine the wide array of risks impacting the nonprofit sector today
  • Identify the various tools and insurance products proven to protect your organization from these threats
  • Apply best practices when developing a risk mitigation strategy

Unplugged: Tax Issues for Small NFPs

Jun 11, 2019 7:10am ‐ Jun 11, 2019 8:00am

Identification: NOT19UP1

This is an opportunity for people to ask questions and talk about the Form 990 issues faced by small organizations. Bring your organization's Form 990 questions and prepare to discuss the various issues. (Available Onsite Only)

  • Identify issues faced by small NFPs with respect to Form 990.
  • Understand how Form 990 issues should be reported.
  • Distinguish between 'fact and fiction' with some Form 990 myths.

Unplugged: Best Practices in Diversity

Jun 11, 2019 7:10am ‐ Jun 11, 2019 8:00am

Identification: NOT19UP2

An open discussion around good, better and best practices around diversity in our profession. (Available Onsite Only)

  • Identify the importance and benefits of diversity in today's workplace
  • Recognize that inclusion is embraced by your workforce
  • Formulate a plan to make your workforce resemble the community your organization supports
  • Select strategies to effectively increase workplace diversity

Risky Business: Properly Assessing and Responding to Risk

Jun 11, 2019 8:20am ‐ Jun 11, 2019 9:35am

Identification: NOT1921

Are you starting your audit off on the right foot? At the core of every audit are the goals of identifying, assessing and responding to risks of material misstatement. However, more than a decade after the Risk Assessment Standards were issued, the AICPA Peer Review team has found that more than half of all firms fail to comply with AU-C Section 315 or 330. In this session, you'll learn about the most pervasive issues the Peer Review team has uncovered and how to avoid them in your practice.

  • Identify the most commonly misapplied requirements of AU-C Sections 315 and 330
  • Analyze the intent of the Standards and how the requirements should be interpreted
  • Identify helpful resources to support quality performance

The "New" Yellow Book: A Detailed Review of the Changes From the "Old" Yellow Book

Jun 11, 2019 8:20am ‐ Jun 11, 2019 9:35am

Identification: NOT1923

A session to equip practitioners with a detailed understanding of what has changed in the new Yellow Book, along with implementation tips on what may need to change in practice.

  • Analyze a summary of key changes to the standards and determine how they apply to your engagements.
  • Identify information about the changes to the Yellow Book independence rules relating to the performance of non-audit services.
  • Distinguish other important areas of the standards that have not changed, with an emphasis on requirements that differ from AICPA standards.