Concurrent Sessions - Select One
Preview Available
Identification: 0001-cs-06-22-20-1105-1200
Chair Welcome & GAAP Update: Part I
Preview Available
Identification: NOT2001
Operation Credit Type : Accounting (25), Auditing Governmental (25)
Operation Level : Intermediate
Operation Prerequisites : 3-5 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 50
Operation Credits : 1
Operation Alertness Issued : 4
Operation Alertness Required : 3
Operation Archive : 1
Operation Introducer : Andrew Prather
Operation Sponsor Video : 1
In this session, we'll update you on recent changes to GAAP (Accounting Standards Updates), key implementation issues on major standards, and projects in the FASB's pipeline that are noteworthy for NFPs. We'll focus especially on Gifts-in-Kind, Revenue Recognition/ Grants and Contracts (ASU 2018-08), Leases, Reference Rate Reform, and Goodwill and Intangibles. Please be sure to bring your questions!
Learning Objectives:Identification: NOT2002
Operation Credit Type : Auditing (Governmental)
Operation Level : Intermediate
Operation Prerequisites : 3-5 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 50
Operation Credits : 1
Operation Alertness Issued : 4
Operation Alertness Required : 3
Operation Sale : 1
Operation Archive : 1
Operation Introducer : Rafael Roman
Operation Sponsor Video : 1
This session is intended to provide attendees with key insights, tips, and best practices on the latest updates to the Data Collection Form (DCF) and related instructions issued by the Federal Audit Clearinghouse (FAC). Participants will learn important information on the following:
Changes and updates to the DCF
Best practices for auditees and auditors relating to completing, reviewing and submitting the DCF
How an auditor can use the FAC database for monitoring single audit quality.
Who else uses the information in a DCF?
Chair Welcome & CARES Act (Part I) - Loan Programs, Employee Payroll Tax Credit & Implications
Preview Available
Identification: NOT2003
Operation Credit Type : Taxes
Operation Level : Intermediate
Operation Prerequisites : 3 - 5 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 50
Operation Credits : 1
Operation Alertness Issued : 4
Operation Alertness Required : 3
Operation Sale : 1
Operation Archive : 1
Operation Introducer : Meghan Biss
Operation Sponsor Video : 1
This session will focus on issues that taxpayers are facing relative to the CARES Act. For example, important questions that have arisen related to the PPP program and surrounding loan forgiveness, implications of the employee payroll tax credit and the possibility for future phases of legislation.
Learning Objectives:
Chair Welcome & Surviving, Pivoting, and Thriving in the New Normal
Preview Available
Identification: NOT2004
Operation Minutes : 50
Operation Credits : 1
Operation Prerequisites : 3 - 5 Years in the Profession
Operation Alertness Issued : 4
Operation Alertness Required : 3
Operation Credit Type : Specialized Knowledge
Operation Level : Intermediate
Operation Advanced Prep : None
Operation Sale : 1
Operation Archive : 1
Operation Introducer : Amy West
Operation Sponsor Video : 1
There is nothing normal about the current global situation. When the world has changed, you can’t operate your organization the same way and expect the same results. You have two choices, panic or pivot. There is always a silver lining in the cloud of disaster if you are willing to be flexible. This session will cover a new approach to strategic planning that focuses on positive thinking, creativity, and agility to help you find the fit between your organization and what your constituents need now.
Learning Objectives:Break - Your Part-time Controller LLC Sponsor Chat: Paycheck Protection Program Loan Q&A (Non-CPE)
Preview Available
Identification: NOT20NS02
Join YPTC's Managing Partner, Jennifer Alleva, in our live text-based chatroom! YPTC is dedicated to helping nonprofits stay afloat during these times of uncertainty. Through the creation of webinars, a resource webpage, email blasts, extensive research and panel features, Jennifer has become a subject matter expert on the Paycheck Protection Program Loan. All are invited to the Q&A on PPP Loans and how they are affecting the nonprofit world!
Concurrent Sessions - Select One
Preview Available
Identification: 0002-cs-06-22-20-1215-0105
GAAP Update: Part II
Preview Available
Identification: NOT2005
Operation Minutes : 50
Operation Credits : 1
Operation Level : Intermediate
Operation Advanced Prep : None
Operation Credit Type : Accounting (25), Auditing Governmental (25)
Operation Prerequisites : 3 - 5 Years in the Profession
Operation Alertness Issued : 4
Operation Alertness Required : 3
Operation Archive : 1
Operation Introducer : Andrew Prather
In this session, we'll update you on recent changes to GAAP (Accounting Standards Updates), key implementation issues on major standards, and projects in the FASB's pipeline that are noteworthy for NFPs. We'll focus especially on Gifts-in-Kind, Revenue Recognition/ Grants and Contracts (ASU 2018-08), Leases, Reference Rate Reform, and Goodwill and Intangibles. Please be sure to bring your questions!
Learning Objectives:
Is this a Finding? Evaluating Single Audit Results
Preview Available
Identification: NOT2006
Operation Credit Type : Accounting (Governmental)
Operation Level : Intermediate
Operation Prerequisites : 3-5 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 50
Operation Credits : 1
Operation Alertness Issued : 4
Operation Alertness Required : 3
Operation Sale : 1
Operation Archive : 1
Operation Introducer : Rafael Roman
Operation Polling : 1
This session will focus on evaluating errors in single audits, including what should be a written finding in the audit and how to write effective findings.
Learning Objectives:
CARES Act - Part II - Other Impacts
Preview Available
Identification: NOT2007
Operation Credit Type : Taxes
Operation Level : Overview
Operation Prerequisites : 1-2 Years in the Profession
Operation Advanced Prep : None
Operation Minutes : 50
Operation Credits : 1
Operation Alertness Issued : 4
Operation Alertness Required : 3
Operation Archive : 1
Operation Introducer : Meghan Biss
This session will focus on additional impacts that taxpayers are facing relative to Covid-19 and the CARES Act. For example, issues surrounding IRS operations such as audits and correspondence, applications for tax-exempt status, enforcement, payment, and extended filing due dates.
Learning Objectives: