Registration and Information Center Open
Preview Available
Identification: NOT20NS01
Continental Breakfast (Workshop Attendees Only)
Preview Available
Identification: NOT20NS02
Data Analytics - The Future of Auditing is Here
Preview Available
Identification: NOT20101
Operation Prerequisites : 3-5 Years in the Profession
Operation Minutes : 100
Operation Credits : 2.0
Operation Credit Type : Auditing
Operation Level : Intermediate
Operation Advanced Prep : None
The AICPA defines Audit Data Analytics (ADA or ADAs) as "...the science and art of discovering and analyzing patterns, identifying anomalies, and extracting other useful information in data underlying or related to the subject matter of an audit..." This in-depth workshop will introduce participants to the basic concepts underlying the use of ADAs and explore potential application when conducting not-for-profit financial statement audits.
Learning Objectives:Single Audit Fundamentals - Part 1
Preview Available
Identification: NOT20102
Operation Credit Type : Auditing (Governmental)
Operation Level : Basic
Operation Prerequisites : 1-2 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 100
Operation Credits : 2.0
This workshop will provide background and context of a single audit engagement and help participants differentiate these engagements from traditional financial statement audit engagements.
Additionally, presenters will walk through the major program determination process to help auditors understand this critical part of performing a single audit.
Learning Objectives:Fringe Benefits: What are you "W-2ing"?
Preview Available
Identification: NOT20103
Operation Credit Type : Taxes
Operation Level : Intermediate
Operation Advanced Prep : None
Operation Minutes : 100
Operation Credits : 2.0
Operation Prerequisites : 3-5 Years in the Profession
How many times have you thought to yourself, "Is this fringe benefit taxable or not"? This workshop will discuss some of the more (and less) common fringe benefits that many non-profit organizations run into along with the taxability of each.
Learning Objectives:Identification: NOT20104
Operation Credit Type : Specialized Knowledge
Operation Level : Intermediate
Operation Prerequisites : 3-5 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 100
Operation Credits : 2.0
The uncertain political climate has made financial forecasting harder than ever. This workshop will empower nonprofits to develop nimble budgets, plan for times of uncertainty and enhance communications to tell their story in the foggy future. It will focus on the tools and techniques available to improve the budgeting and forecasting process, including reporting and engaging programmatic and fundraising staff. This workshop will also touch upon predictive analytics, forecasting, modeling and scenario planning that goes beyond historical information like budget vs actual.
Learning Objectives:Single Audit Fundamentals - A Deeper Dive Into Execution and Reporting
Preview Available
Identification: NOT20105
Operation Credit Type : Accounting (Governmental)
Operation Level : Intermediate
Operation Prerequisites : 3-5 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 100
Operation Credits : 2.0
This workshop will focus on the execution and reporting phases of the single audit. We will discuss the following topics:
Form 990-T: Rolling Up Your Sleeves
Preview Available
Identification: NOT20106
Operation Credit Type : Taxes
Operation Level : Intermediate
Operation Prerequisites : 3-5 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 100
Operation Credits : 2.0
Identifying and analyzing unrelated business income and completing Form 990-T continues to be a challenge, especially in light of changes brought about by TCJA. Now that the "Parking Tax" has been repealed, we can focus on other issues. This session will use real life case studies to analyze revenue streams, identify possible exceptions available under the Internal Revenue Code, evaluate expense allocations to minimize an organization's tax liability, and discuss how the income and expenses are reported on Form 990-T. Bring your most compelling unrelated business income issues from the past year for this robust discussion.
F-A-S-T-E-R Disaster Recovery
Preview Available
Identification: NOT20107
Operation Credit Type : Business Management & Organization
Operation Level : Intermediate
Operation Prerequisites : 3-5 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 100
Operation Credits : 2.0
Did you know that 35% of organizations never reopen after a disaster? Or that if a server goes down, it only takes 48 hours to suffer permanent damage? While we think of disasters as storms or fires, events such as ransomware or the loss of a major grant can have disastrous results to the bottom line. Every organization needs a plan to protect their assets, prevent damage, and prepare for recovery. Learn how to identify and prioritize risks, develop countermeasures to protect against loss, and the step by step process for preparing a disaster recover plan. A plan, no matter how simple, can help your organization and constituents not only survive but even thrive.
Learning Objectives:Planned Giving - An Introduction to the Instruments and Their Accounting
Preview Available
Identification: NOT20108
Operation Credit Type : Accounting
Operation Level : Basic
Operation Prerequisites : 1-2 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 50
Operation Credits : 1.0
Planned giving instruments and their related accounting can be one of the least understood areas of not-for-profit financial reporting. Please join us for this in-depth workshop to gain a foundational understanding of the key elements of the varying types of planned giving instruments and their underlying accounting implications.
Learning Objectives: