AICPA Not-for-Profit Industry Conference 2020

Jun 22, 2020 ‐ Jun 24, 2020



Sessions

Concurrent Sessions - Select One

Jun 22, 2020 11:05am ‐ Jun 22, 2020 12:00pm

Identification: 0001-cs-06-22-20-1105-1200

Tags: TAX SKA CGMA YBK A A

Chair Welcome & GAAP Update: Part I

Jun 22, 2020 11:05am ‐ Jun 22, 2020 12:00pm

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:
  • Understand the recent changes to GAAP and an awareness of noteworthy potential changes on the horizon.
  • Understand and appreciate the key implementation issues for major recent standards and any authoritative or educational guidance that may be available now, or soon, in addressing them.
Speaker(s):
Tags: YBK A A
Category: Concurrent Session (Online)

Chair Welcome & The Data-Collection-Form: Who Uses It and How to Complete It?

Jun 22, 2020 11:05am ‐ Jun 22, 2020 12:00pm

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?

Learning Objectives:
  • Understand how to complete a data-collection-form
  • Understand how the data collection form can be used and by whom
Speaker(s):
Tags: YBK
Category: Concurrent Session (Online)

Chair Welcome & CARES Act (Part I) - Loan Programs, Employee Payroll Tax Credit & Implications

Jun 22, 2020 11:05am ‐ Jun 22, 2020 12:00pm

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:
  • Understand important issues that taxpayers are facing relative to the new legislation under the CARES Act and the related guidance.
  • Identify how the CARES Act legislation and regulatory guidance impacts your organization.
Speaker(s):
Tags: TAX
Category: Concurrent Session (Online)

Chair Welcome & Surviving, Pivoting, and Thriving in the New Normal

Jun 22, 2020 11:05am ‐ Jun 22, 2020 12:00pm

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:
  • Identify tools to analyze your current operating environment
  • Recall questions to brainstorm new programs
  • Recognize the key elements of a one-page strategic plan
Speaker(s):
Tags: SKA CGMA
Category: Concurrent Session (Online)

Break - Your Part-time Controller LLC Sponsor Chat: Paycheck Protection Program Loan Q&A (Non-CPE)

Jun 22, 2020 12:00pm ‐ Jun 22, 2020 12:15pm

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!

Category: Networking Break - Vendors & Exhibits

Concurrent Sessions - Select One

Jun 22, 2020 12:15pm ‐ Jun 22, 2020 1:05pm

Identification: 0002-cs-06-22-20-1215-0105

Tags: TAX SKA CGMA YBK SAU A A

GAAP Update: Part IIGAAP Update: Part II

Preview Available

GAAP Update: Part II

Jun 22, 2020 12:15pm ‐ Jun 22, 2020 1:05pm

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:
  • Understand the recent changes to GAAP and an awareness of noteworthy potential changes on the horizon.
  • Understand and appreciate the key implementation issues for major recent standards and any authoritative or educational guidance that may be available now, or soon, in addressing them.
Speaker(s):
Tags: YBK A A
Category: Concurrent Session (Online)

Is this a Finding? Evaluating Single Audit Results

Jun 22, 2020 12:15pm ‐ Jun 22, 2020 1:05pm

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:
  • Understand what is required to be disclosed as a finding or exception
  • Recognize common single audit findings from the auditee and auditor Perspective
Speaker(s):
Tags: YBK SAU
Category: Concurrent Session (Online)

CARES Act - Part II - Other Impacts

Jun 22, 2020 12:15pm ‐ Jun 22, 2020 1:05pm

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:
  • Understand the additional areas of impact that are resulting from the Covid-19 pandemic and implementation of the CARES Act.
  • Analyze how issues surrounding audit and correspondence, applications, enforcement, payment and extended due dates impact your organization.
Speaker(s):
Tags: TAX
Category: Concurrent Session (Online)
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