Moving the Needle on Single Audit Quality: Part II iconMoving the Needle on Single Audit Quality: Part II

Moving the Needle on Single Audit Quality: Part II

Jun 23, 2020 2:50pm ‐ Jun 23, 2020 3:40pm

Identification: NOT2038

Learning Objectives:
  • Learn and understand the factors that lead to deficient single audits
  • Develop the skills and understanding on how to perform single audits in line with Uniform Guidance and applicable auditing standards
  • Be able to identify potential risks to audit quality in performing single audits during the COVID-19 pandemic and develop strategies to manage these risks
Category: Concurrent Session (Online)
How Do We Silo Under Section 512(a)(6)? iconHow Do We Silo Under Section 512(a)(6)?

How Do We Silo Under Section 512(a)(6)?

Jun 23, 2020 2:50pm ‐ Jun 23, 2020 3:40pm

Identification: NOT2039

Learning Objectives:
  • Understand the aspects and factors by which unrelated activities may be grouped generically or relationally
  • Appreciate the conditions by which pass-through UBIT revenue streams are properly assignable to stand-alone silos versus characterized by activity type
Category: Concurrent Session (Online)
The CFO Is In: Lessons Learned From the COVID-19 Pandemic iconThe CFO Is In: Lessons Learned From the COVID-19 Pandemic

The CFO Is In: Lessons Learned From the COVID-19 Pandemic

Jun 23, 2020 2:50pm ‐ Jun 23, 2020 3:40pm

Identification: NOT2040

Learning Objectives:
  • Identify and discuss the myriad of challenges CFOs faced resulting from the pandemic
  • Apply best practices used by your peers
  • Select strategies to help mitigate risk during difficult times
Category: Concurrent Session (Online)
Functional Expense Classification iconFunctional Expense Classification

Functional Expense Classification

Jun 24, 2020 10:00am ‐ Jun 24, 2020 10:50am

Identification: NOT2041

Learning Objectives:
  • Identify best practices for communication to donors
  • Understand how to meet GAAP requirements
Category: Concurrent Session (Online)
Developing an Efficient and Effective Single Audit Process iconDeveloping an Efficient and Effective Single Audit Process

Developing an Efficient and Effective Single Audit Process

Jun 24, 2020 10:00am ‐ Jun 24, 2020 10:50am

Identification: NOT2042

Learning Objectives:
  • Understand the link between audit planning and audit efficiency
  • Understand common pitfalls of single audit inefficiency
  • Determine strategies for developing a smooth single audit engagement
  • Analyze tips for an effective process
Category: Concurrent Session (Online)
Paying their Fair Share: Major Funders Rewrite the Grantmaking Playbook: Part I iconPaying their Fair Share: Major Funders Rewrite the Grantmaking Playbook: Part I

Paying their Fair Share: Major Funders Rewrite the Grantmaking Playbook: Part I

Jun 24, 2020 10:00am ‐ Jun 24, 2020 10:50am

Identification: NOT2044

Learning Objectives:
  • Understand the emerging shift in philanthropic focus on funding indirect costs
  • Identify the expected verification guidelines for nonprofits and their external CPA verification partners
Category: Concurrent Session (Online)
COVID-19 Impact on Audits - Lessons Learned and to be Remembered iconCOVID-19 Impact on Audits - Lessons Learned and to be Remembered

COVID-19 Impact on Audits - Lessons Learned and to be Remembered

Jun 24, 2020 11:05am ‐ Jun 24, 2020 11:55am

Identification: NOT2046

Learning Objectives:
  • Understand what GAAS specifically require when performing audits and how auditors may be able to meet those requirements when it's impracticable to be on-site at a client location.
  • Identify risks of material misstatement that may be more commonly encountered due to the impact of the pandemic and its after affects on client business operations.
Category: Concurrent Session (Online)
Form 990 Fun Part II: Storytelling iconForm 990 Fun Part II: Storytelling

Form 990 Fun Part II: Storytelling

Jun 24, 2020 11:05am ‐ Jun 24, 2020 11:55am

Identification: NOT2047

Learning Objectives:
  • Identify key data, narratives and metrics that contribute to a tax-exempt organization’s Form 990
  • Understand how the Form 990 contributes to the public portrayal of the tax exempt organization
  • Develop better methods of positive story-telling for your organization's Form 990
Category: Concurrent Session (Online)
Paying their Fair Share: Major Funders Rewrite the Grantmaking Playbook: Part II iconPaying their Fair Share: Major Funders Rewrite the Grantmaking Playbook: Part II

Paying their Fair Share: Major Funders Rewrite the Grantmaking Playbook: Part II

Jun 24, 2020 11:05am ‐ Jun 24, 2020 11:55am

Identification: NOT2048

Learning Objectives:
  • Understand the emerging shift in philanthropic focus on funding indirect costs
  • Identify the expected verification guidelines for nonprofits and their external CPA verification partners
Category: Concurrent Session (Online)
A Whole New World to Audit Revenue iconA Whole New World to Audit Revenue

A Whole New World to Audit Revenue

Jun 24, 2020 12:25pm ‐ Jun 24, 2020 1:15pm

Identification: NOT2049

Learning Objectives:
  • Understand the requirements of FASB's Accounting Standards Update (ASU) 2018-08, Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made, and ASC 606
  • Apply the recognition and measurement requirements for revenue transactions in the audit process.
  • Identify presentation and disclosure requirements for revenue transactions under the new revenue recognition standards.
Category: Concurrent Session (Online)