There is more going on with single audits this year than past years. That is primarily due to big changes in the 2019 OMB Compliance Supplement. This session will bring you up to date on the following: Key changes made in the Supplement; Other single audit developments; and The latest on audit quality.

Learning Objectives:

1. Gain understanding of key developments in single audits.
   
2. Learn about the latest quality issues.

This session will provide the peer review lens into engagement quality for those in public practice. We’ll describe the current peer landscape and where peer reviewers are focused. We’ll highlight key areas where practitioners struggle to demonstrate they meet professional standards.

Learning Objectives:

1. Identify areas to focus your efforts understanding the requirements of standards and how to apply them to pass the test.
   
2. Evaluate your own audit documentation for how clearly it conveys the work that is done.
   
3. Apply lessons learned by others to your own work.

A complicated topic, full of auditor judgment - how to apply the Uniform Guidance risk-based approach. This session will go over using this approach to select major programs and steps to ensure the SEFA is fairly presented in relation to the financial statements. In addition, during this session, we will discuss ways to ensure major programs are not over looked because of SEFA errors.

Learning objectives:

1. Formulate the risk assessment process for selecting major programs in a single audit.
   
2. Assess the pitfalls of audit failures caused by improper selection of major programs.
   
3. Auditing the SEFA and how an inaccurate SEFA can cause an audit failure.

Does your Organization’s internal controls instill confidence and comfort that risk is being appropriately managed? It is essential that not-for-profit organizations maintain effective internal controls in order to ensure that their resources are used as intended.

During this course we will discuss common risks that not-for-profits face, specific internal controls that should be in place to manage these risks, and essential steps to establishing effective internal controls to help manage risks within your organization.

Learning Objectives:

1. Identify the most common errors found in not-for-profit financial statements.
   
2. Determine the impact errors could have on not-for-profit financial statements.
   
3. Identify how to avoid errors in not-for-profit financial reporting.

There is more going on with single audits this year than past years. That is primarily due to big changes in the 2019 OMB Compliance Supplement. This session will bring you up to date on the following: Key changes made in the Supplement; Other single audit developments; and The latest on audit quality.

Learning Objectives:

1. Gain understanding of key developments in single audits.
   
2. Learn about the latest quality issues.

Sampling in a single audit can become complicated. This session will offer a review of single audit testing basics, which often includes sampling. Examples will demonstrate how the mixture of facts, decisions and auditor judgments all impact sampling.

Learning Objectives:

1. Recall sampling considerations in a single audit.
   
2. Identify key underlying concepts to select a proper sample.

This session will include an overview of the revised interpretation "State and Local Government Client Affiliates".

Learning Objectives:

1. Identify changes introduced in the revised interpretation
   
2. Determine how the new standard impacts identified affiliates.
   
3. Apply the standard to your SLG engagements.

Recognizing fraudulent or deceptive practice is not always easy. This session will highlight frauds headlining today’s news and sharpen your forensic skills with techniques to help you identify behavior tendencies, which may lead to fraudulent activity.

Learning Objectives: 

1. Identify fraud risk factors common in the not-for-profit sector.
   
2. Determine steps that organizations can take to strengthen their controls.

Attend this session to relax at the end of the conference day. This session will discuss mindfulness and the practicality of it in everyone's life, even finance professionals! In addition to giving a history of mindfulness, attendees will go through the speaker's 3-month journey of implementing mindfulness and a focus on human intelligence topics into daily life, hearing pitfalls and best practices. End the session with a ten-minute mindfulness exercise to see it doesn't take long to find the zone.

Learning Objectives:

1. Identify how you can implement mindfulness into your daily routine, even during busy season (!)
   
2. Recall mindfulness practices held during session.
   
3. Select human intelligence topics to dive into for professional development.

Comprehending and auditing indirect cost recoveries can be complex. This session will navigate an understanding of indirect cost recoveries and common challenges faced when auditing indirect cost recoveries as part of a single audit engagement.

Learning Objectives:

1. Interpret indirect cost concepts to perform effective single audit engagements.
   
2. Evaluate approaches to auditing indirect cost recoveries and related challenges.