AICPA Governmental & Not-for-Profit Training Program 2020

Oct 19, 2020 ‐ Oct 21, 2020


Time to roll up your sleeves

It’s time to dive deep into implementation and optimization and prepare for the next stage of progress in revenue recognition, uniform guidance, GASB leases, UBIT, and much more. Come to Las Vegas to gather practical knowledge and updates straight from the standard setters and subject matter experts.


Sessions

Registration OpenRegistration Open

Preview Available

Registration Open

Oct 18, 2020 12:00pm ‐ Oct 18, 2020 1:00pm


Single Audit: A to ZSingle Audit: A to Z

Preview Available

Single Audit: A to Z

Oct 18, 2020 1:00pm ‐ Oct 18, 2020 5:00pm

Identification: GOV20101

Operation Prerequisites : 1-2 Years in the Profession

Operation Minutes : 225

Operation Credits : 4.5

Operation Credit Type : Auditing (Governmental)

Operation Level : Overview

Operation Advanced Prep : None

This workshop will provide an in-depth perspective for auditors on the requirements of the Uniform Guidance. We will cover all of the basics of a single audit from soup to nuts, including determining when a single audit applies, the major program selection process, how to perform control and compliance testing, and everything to be included in the reporting package.

Learning Objectives:
  • Identify theory and actionable take-aways to plan single audits.
  • Select federal programs to test.
  • Implement a testing strategy.
  • Report on audit results.
Speaker(s):
Tags: Single Audit
Category: Pre-Conference Optional Workshop (Additional Fee)

2020 Hindsight: The Nonprofit Tax/Legal Year in Review

Oct 18, 2020 1:00pm ‐ Oct 18, 2020 5:00pm

Identification: GOV20102

Operation Credit Type : Taxes

Operation Level : Basic

Operation Prerequisites : 1-2 Years in the Profession

Operation Advanced Prep : None

Operation Minutes : 225

Operation Credits : 4.5

Fast-moving and highly interactive session to provide attendees with a nonprofit tax and legal review of the past 12 months, including a review of the issued IRS guidance, an update regarding the nonprofit provisions in the TCJA, discussion regarding recent court cases of note and review of changes to any of the nonprofit tax forms.

Learning Objectives:
  • Review the Priority Guidance Plan from an EO perspective and the TE/GE Program Letter
  • Discuss changes to any of the nonprofit tax forms
  • Review any EO court cases of note during the past year
Speaker(s):
Tags: NFP
Category: Pre-Conference Optional Workshop (Additional Fee)

GASB Standards - What You Should Know, But Didn't

Oct 18, 2020 1:00pm ‐ Oct 18, 2020 5:00pm

Identification: GOV20103

Operation Minutes : 225

Operation Credits : 4.5

Operation Prerequisites : 3-5 Years in the Profession

Operation Credit Type : Accounting (Governmental), Auditing (Governme

Operation Level : Intermediate

Operation Advanced Prep : None

The GASB has now issued standards that number into the 90s.  However, not all provisions of the standards seem to be as understood as others.  This session will take a look at some provisions within GAAP that may not be as well known as others, but are equally important for accurate external financial reporting.  The idea of this session is to highlight certain aspects of governmental GAAP that practitioners and stakeholders should know, but perhaps have either forgot or never knew in the first place.  Topics will include, but are not limited to, fund balance constraints, presentation format options, financial guarantees, prior period adjustments, going concerns, and many more.  

Learning Objectives:
  • Explore lesser known provisions of GASB GAAP
  • Provide insight into application issues related to GASB GAAP
  • Educate participants on shortcuts or alternatives in complying with GASB GAAP
Speaker(s):
Tags: SLG
Category: Pre-Conference Optional Workshop (Additional Fee)

Registration OpenRegistration Open

Preview Available

Registration Open

Oct 19, 2020 7:00am ‐ Oct 19, 2020 4:45pm


Continental Breakfast and Vendor Display

Oct 19, 2020 7:00am ‐ Oct 19, 2020 8:00am


Storytelling for Social ChangeStorytelling for Social Change

Preview Available

Storytelling for Social Change

Oct 19, 2020 8:15am ‐ Oct 19, 2020 9:05am

Identification: GOV2001

Operation Credit Type : Communications and Marketing

Operation Level : Basic

Operation Prerequisites : 1-2 Years in the Profession

Operation Advanced Prep : None

Operation Minutes : 50

Operation Credits : 1

Storytelling is the fuel in the communication engine of the modern nonprofit. Great storytelling does more than simply communicate a message or push out an agenda; it gets at the heart of how humans process information. Mission-driven storytelling has the potential to change hearts and minds around complex, difficult issues. All nonprofit professionals and volunteers need to start thinking of themselves as storytellers if they want to convert their stakeholders from passive participants to passionate advocates. 



In this talk, full of nonprofit examples and case studies, digital storytelling expert Julia Campbell shares some of the most powerful ways that storytelling can be leveraged to inspire people to take action, based on her bestselling book for nonprofits. 



Skills, knowledge and attitudes to be addressed in the workshop:

Participants will be able to identify the best types of stories for their fundraising and marketing campaigns and be better equipped to prioritize and make decisions around storytelling work at their nonprofit. 



Description of intended participants:  

A variety of audience members, mostly made up of public accountants in addition to accountants in business/industry, not-for-profits as well as state and local governments. 



Anticipated outcomes for participants:  

They will walk away with:

  • Actionable strategies and real-world examples of ways that even small nonprofits can get results with digital storytelling;

  • Ideas and inspiration to start building their own storytelling plan. 

Learning Objectives:
  • Actionable strategies and real-world examples of ways that even small nonprofits can get results with digital storytelling;
  • Ideas and inspiration to start building their own storytelling plan.
Speaker(s):
Category: Conference Keynote (Onsite and Online)

What is Happening with the GASB's Financial Reporting Model

Oct 19, 2020 9:15am ‐ Oct 19, 2020 10:30am

Identification: GOV2002

Operation Minutes : 75

Operation Credits : 1.5

Operation Prerequisites : 3-5 Years in the Profession

Operation Credit Type : Accounting (Governmental)

Operation Level : Intermediate

Operation Advanced Prep : None

The GASB continues to march on with their proposed revisions to the state and local government financial reporting model.  Although the proposed revisions in this model are far less imposing than the last switch to a new financial reporting model (remember GASB 34?), there are still a number of changes that will require consideration by practitioners and stakeholders alike.  This session will take a look at the most significant changes in the proposed new reporting model project, highlighting those that may require the most implementation efforts.  

Learning Objectives:
  • Educate participants about proposed changes in state and local government financial reporting
  • Inform participants about the most significant implementation challenges they will face
  • Evaluate any alternatives available to participants to imprement or influence the future of governmental reporting
Speaker(s):
Tags: SLG
Category: Concurrent Session (Onsite and Online)

FASB UpdateFASB Update

Preview Available

FASB Update

Oct 19, 2020 9:15am ‐ Oct 19, 2020 10:30am

Identification: GOV2003

Operation Credit Type : Accounting

Operation Level : Intermediate

Operation Prerequisites : 3-5 Years in the Profession

Operation Advanced Prep : None

Operation Minutes : 75

Operation Credits : 1.5

In this session, we'll bring you up-to-date on the latest developments in GAAP that affect NFPs.  We'll talk about the FASB's overall agenda, especially COVID-19-related activities and accounting issues.  We'll explore implementation issues related to the new Leases standard (Topic 842; deeper dive in separate session) and other recent standards.  And we'll discuss recent ASUs (especially on Reference Rate Reform) and current FASB projects (especially on Gifts-in-Kind, including an ASU expected to be issued this summer). 

Learning Objectives:
  • Develop a general understanding of the FASB's agenda priorities, especially those related to COVID-19, including where to find resources that the FASB has provided.
  • Develop an understanding of key aspects of recent ASUs and select FASB projects, and of key implementation issues with Topic 842 and other recent standards.
Speaker(s):
Tags: NFP
Category: Concurrent Session (Onsite and Online)

Don't Underestimate Yourself! Accounting for and Auditing Estimates

Oct 19, 2020 9:15am ‐ Oct 19, 2020 10:30am

Identification: GOV2004

Operation Credit Type : Accounting (Governmental), Auditing

Operation Level : Intermediate

Operation Prerequisites : 3-5 Years in the Profession

Operation Advanced Prep : None

Operation Minutes : 75

Operation Credits : 1.5

Accounting estimates are an integral part of a set of financial statements prepared by management and are based on management's knowledge and experience about past and current events and assumptions about future events. There are multiple areas in governmental and nonprofit financial statements that require significant estimates. These estimates present unique considerations for both preparers and auditors. Join us to discuss important considerations and perspectives.

Learning Objectives:
  • Review the common estimates used in governmental and nonprofit financial statements.
  • Identify the impact these estimates have on the financial statements and how preparers determine the appropriate accounting.
  • Understand some common auditing approaches around these estimates.
Speaker(s):
Tags: Intersection
Category: Concurrent Session (Onsite and Online)
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