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.


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Packages Display Packages

This includes sessions from the conference: AICPA Governmental & Not-for-Profit Training Program 2020

Sessions Included:

Leases: Application - Part 2 (Oct 20, 2020 01:20 PM)

Sampling Case Studies: How Do I Apply the Facts, Decisions and Judgments? - Part 1 (Oct 21, 2020 10:00 AM)

Single Audit Sampling: How Many Can I Test? - Part 1 (Oct 20, 2020 03:40 PM)

Common Errors and Deficiencies in NFP Reporting - Part 1 (Oct 20, 2020 10:00 AM)

Common Errors and Deficiencies in NFP Reporting - Part 2 (Oct 20, 2020 11:00 AM)

All Things Fiduciary: GASB 84 and Beyond (Oct 21, 2020 03:00 PM)

GASB Update: What's Happening Now and What's on the Horizon? - Part 1 (Oct 20, 2020 03:40 PM)

GASB Update: What's Happening Now and What's on the Horizon? - Part 2 (Oct 20, 2020 04:40 PM)

Smart Succession Planning (Oct 19, 2020 04:40 PM)

Form 990 Traps for the Unwary - Part 2 (Oct 20, 2020 04:40 PM)

Oh No... I have an Exception! Evaluating & Reporting Single Audit Findings (Oct 21, 2020 12:15 PM)

Navigating Revenue Recognition for NFPs - Part 2 (Oct 21, 2020 11:00 AM)

Gaming for Dollars: Raise Funds, Not Fines (Oct 20, 2020 02:25 PM)

Navigating Revenue Recognition for NFPs - Part 1 (Oct 21, 2020 10:00 AM)

Determining Your Major Programs (Oct 21, 2020 01:45 PM)

Internal Control Over Compliance: A Hands-On Look (Oct 20, 2020 12:20 PM)

The Compliance Supplement: More Than Part 3 (Oct 21, 2020 04:40 PM)

Internal Control Over Compliance: By the Books (Oct 20, 2020 10:00 AM)

UBI or No UBI, That is the Question (Oct 21, 2020 03:00 PM)

Form 990 Traps for the Unwary - Part 1 (Oct 20, 2020 03:40 PM)

Leases: Preparing for the Single Model (Theory) - Part 2 (Oct 20, 2020 11:00 AM)

Leases: Preparing for the Single Model (Theory) - Part 1 (Oct 20, 2020 10:00 AM)

Conceptual Framework - What Guides the GASB's Decisions? (Oct 20, 2020 02:25 PM)

Revenue & Expense Recognition - What's Ahead? - Part 1 (Oct 21, 2020 10:00 AM)

Changes in How People are Giving Today (Oct 20, 2020 02:25 PM)

What is Happening with the GASB's Financial Reporting Model (Oct 19, 2020 01:30 PM)

Single Audit Update (Oct 19, 2020 01:30 PM)

Strategies to Good Governance (Oct 19, 2020 03:10 PM)

Leases: Application - Part 1 (Oct 20, 2020 12:20 PM)

Single Audit Sampling: How Many Can I Test? - Part 2 (Oct 20, 2020 04:40 PM)

Revenue & Expense Recognition - What's Ahead? - Part 2 (Oct 21, 2020 11:00 AM)

State of the Sector: NFP Industry Update (Oct 21, 2020 04:40 PM)

Sampling Case Studies: How Do I Apply the Facts, Decisions and Judgments? - Part 2 (Oct 21, 2020 11:00 AM)

Welcome & Announcements | COVID-19 Current Updates - Part 1 (Oct 19, 2020 11:00 AM)

Subrecipient Monitoring: Auditee & Auditor Perspective (Oct 20, 2020 11:00 AM)

The CFO’s Approach to Budgeting and Forecasting (Oct 21, 2020 12:15 PM)

Procurement Under the Uniform Guidance: Revised Requirements, Questions/Guidance & Auditing (Oct 19, 2020 04:40 PM)

Independence Considerations for a SLG: Present and Future (Oct 21, 2020 01:45 PM)

Auditor Practice Issues in Government (Oct 21, 2020 04:40 PM)

2020 Headlines - And Lessons Learned in Internal Controls and Fraud Prevention (Oct 21, 2020 01:45 PM)

Complex/Strange NFP Accounting Issues (Oct 19, 2020 04:40 PM)

COVID-19 Current Updates - Part 2 (Oct 19, 2020 12:10 PM)

2018 Yellow Book: Independence Focus (Oct 21, 2020 12:15 PM)

Complex Single Audit Issues (Oct 21, 2020 03:00 PM)

Good to Great: Elevating Your Story with Data and Performance Metrics (Nov 20, 2020 12:00 PM)

Increase Your Efficiency and Ensure Compliance with AP Automation (Nov 20, 2020 10:00 AM)

CFO's Guide to Strategic Planning (Nov 20, 2020 11:00 AM)

The Latest on PPP Loan Forgiveness &Other Pandemic Related Funding for Nonprofits (Nov 20, 2020 01:00 PM)

Process Automation: What it Means for Nonprofit Financial Management (Nov 20, 2020 02:00 PM)

Standard: $459.00

Sessions

Welcome & Announcements | COVID-19 Current Updates - Part 1

Oct 19, 2020 11:00am ‐ Oct 19, 2020 12:00pm

Identification: GOV2001

Operation Minutes: 50

Operation Credits: 1

Operation Credit Type: Auditing, Accounting

Operation Level: Update

Operation Prerequisites: None

Operation Advanced Prep: None

Operation Sale: 1

Operation Archive: 1

Operation Alertness Issued: 4

Operation Alertness Required: 3

Operation Introducer: Pete Ugo



2020…what a year it has been, with the impact of COVID-19 being at the forefront! This panel discussion will focus on the various types of impacts and challenges that COVID-19 has presented for governmental entities and not-for-profit organizations – lost revenue, increased expenses, new types of federal grant compliance, payroll tax issues, PPP loans, financial reporting, etc. While the impact of COVID-19 will make its way into many of the conference sessions, this opening panel will facilitate an interactive discussion on the nature of risks, challenges and opportunities, including the opportunity for participants to ask questions and submit examples.

Learning Objectives:
  • 1. Identify the challenges, best practices and updates impacting the government and not-for-profit industries as a result of the COVID-19 pandemic.
  • 2. Distinguish COVID-related financial reporting considerations, as well as FASB, GASB and Uniform Guidance updates that will impact your government/organization.
Speaker(s):
Category: General Session Online
Standard: $49.00

COVID-19 Current Updates - Part 2

Oct 19, 2020 12:10pm ‐ Oct 19, 2020 1:00pm

Identification: GOV2002

Operation Minutes: 50

Operation Credits: 1

Operation Credit Type: Accounting, Auditing

Operation Level: Update

Operation Prerequisites: None

Operation Advanced Prep: None

Operation Sale: 1

Operation Archive: 1

Operation Alertness Issued: 4

Operation Alertness Required: 3

Operation Introducer: Pete Ugo



2020…what a year it has been, with the impact of COVID-19 being at the forefront! This panel discussion will focus on the various types of impacts and challenges that COVID-19 has presented for governmental entities and not-for-profit organizations – lost revenue, increased expenses, new types of federal grant compliance, payroll tax issues, PPP loans, financial reporting, etc. While the impact of COVID-19 will make its way into many of the conference sessions, this opening panel will facilitate an interactive discussion on the nature of risks, challenges and opportunities, including the opportunity for participants to ask questions and submit examples.

Learning Objectives:
  • 1. Identify the challenges, best practices and updates impacting the government and not-for-profit industries as a result of the COVID-19 pandemic.
  • 2. Distinguish COVID-related financial reporting considerations, as well as FASB, GASB and Uniform Guidance updates that will impact your government/organization.
Speaker(s):
Category: General Session Online
Standard: $49.00

What is Happening with the GASB's Financial Reporting Model

Oct 19, 2020 1:30pm ‐ Oct 19, 2020 2:45pm

Identification: GOV2003

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

Operation Sale: 1

Operation Archive: 1

Operation Alertness Issued: 6

Operation Alertness Required: 4

Operation Introducer: Misty Brown

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:
  • Identify proposed changes in state and local government financial reporting
  • Determine the most significant implementation challenges they will face
  • Analyze any alternatives available to participants to imprement or influence the future of governmental reporting
Speaker(s):
Category: Concurrent Session Online
Standard: $49.00

Single Audit UpdateSingle Audit Update

Preview Available

Single Audit Update

Oct 19, 2020 1:30pm ‐ Oct 19, 2020 2:45pm

Identification: GOV2005

Operation Minutes: 75

Operation Credits: 1.5

Operation Prerequisites: 1-2 Years in the Profession

Operation Credit Type: Auditing (Governmental)

Operation Level: Basic

Operation Advanced Prep: None

Operation Sale: 1

Operation Archive: 1

Operation Alertness Issued: 6

Operation Alertness Required: 4

Operation Introducer: Rafael Roman



2020 and 2021 single audits will likely the most challenging you have experienced in many years.  This is primarily due to the COVID-19 pandemic and the related significant influx of federal funds.  This session will bring you up to date on the following: Key changes made in the Supplement; COVID-19 implications; the updated Uniform Guidance regulation, and other single audit developments.

Learning Objectives:
  • Distinguish key developments in single audits
  • Recognize how COVID-19 funding impacts your audits
  • Identify Uniform Guidance revisions
Speaker(s):
Category: Concurrent Session Online
Standard: $49.00

Strategies to Good GovernanceStrategies to Good Governance

Preview Available

Strategies to Good Governance

Oct 19, 2020 3:10pm ‐ Oct 19, 2020 4:25pm

Identification: GOV2007

Operation Minutes: 75

Operation Credits: 1.5

Operation Prerequisites: 1-2 Years in the Profession

Operation Credit Type: Business Management & Organization

Operation Level: Basic

Operation Advanced Prep: None

Operation Sale: 1

Operation Archive: 1

Operation Alertness Issued: 6

Operation Alertness Required: 4

Operation Introducer: Brian Yacker

Operation Polling: 1

In this session we will discuss key strategies to cultivating a board that understands it's fiduciary roles and responsibilities and is actively engaged in the overall success of your organization.

Learning Objectives:
  • Identify strategies to improve board engagement and effectiveness
  • Recognize the life cycle of a board
  • Indicate best practices in nonprofit board governance
Speaker(s):
Category: Concurrent Session Online
Standard: $49.00

Smart Succession PlanningSmart Succession Planning

Preview Available

Smart Succession Planning

Oct 19, 2020 4:40pm ‐ Oct 19, 2020 5:30pm

Identification: GOV2009

Operation Prerequisites: 6-10+ years in the profession

Operation Minutes: 50

Operation Credits: 1

Operation Credit Type: Business Management & Organization

Operation Level: Advanced

Operation Advanced Prep: None

Operation Sale: 1

Operation Archive: 1

Operation Alertness Issued: 4

Operation Alertness Required: 3

Operation Introducer: Daniel Figueredo

Operation Polling: 1

Succession planning isn't a new topic for CPA firms. For years, the health and longevity of firms is driven by how well they execute on their succession plans. What is new, however, is how firm's effectively plan for succession in a pandemic and post-pandemic world. During this session, we will discuss how to create smart succession plans in this current environment to prepare for the unexpected and the inevitable.

Learning Objectives:
  • Assess the basics of a good succession plan
  • Predict succession areas to address in a crisis/post-pandemic environment
  • Evaluate unique ideas to begin implementing now to strengthen your firm's succession
  • Interpret the ongoing process of maintaining a succession plan
Speaker(s):
Category: Concurrent Session Online
Standard: $49.00

Complex/Strange NFP Accounting Issues

Oct 19, 2020 4:40pm ‐ Oct 19, 2020 5:30pm

Identification: GOV2010

Operation Minutes: 50

Operation Credits: 1

Operation Prerequisites: 3-5 Years in the Profession

Operation Credit Type: Accounting

Operation Level: Intermediate

Operation Advanced Prep: None

Operation Sale: 1

Operation Archive: 1

Operation Alertness Issued: 4

Operation Alertness Required: 3

Operation Introducer: Amish Mehta

Don't miss this informative session on complex, odd and strange accounting issues faced by not-for-profit organizations. Accounting professionals will focus on types of transactions that require extensive research and professional judgment where authoritative guidance requires interpretation.

Learning Objectives:
  • Identify complex, odd and strange transactions
  • Apply walk-through of examples faced by not-for-profit organizations
  • Identify practical ways to reach and document sound decisions and conclusions
Speaker(s):
Category: Concurrent Session Online
Standard: $49.00

Procurement Under the Uniform Guidance: Revised Requirements, Questions/Guidance & Auditing

Oct 19, 2020 4:40pm ‐ Oct 19, 2020 5:30pm

Identification: GOV2011

Operation Minutes: 50

Operation Credits: 1

Operation Sale: 1

Operation Archive: 1

Operation Credit Type: Auditing (Governmental)

Operation Level: Intermediate

Operation Prerequisites: 3-5 Years in the Profession

Operation Advanced Prep: None

Operation Alertness Issued: 4

Operation Alertness Required: 3

Operation Introducer: Katie Gleason



Procurement is a challenging area of Federal grant compliance resulting in a large number of Single Audit findings and continues to be an area with many questions from both grantees, as well as, auditors. In this session, we will cover recent updates to the Procurement requirements, common Procurement questions and practical tips on how to address these challenges and auditing Procurement, Suspension and Debarment.

Learning Objectives:
  • Identify common Procurement questions and challenges for both grantees and auditors
  • Analyze the most updated procurement thresholds and regulations
  • Apply practical examples of how grantees and auditors have addressed Procurement challenges
Speaker(s):
Category: Concurrent Session Online
Standard: $49.00

Leases: Preparing for the Single Model (Theory) - Part 1

Oct 20, 2020 10:00am ‐ Oct 20, 2020 10:50am

Identification: GOV2012

Operation Prerequisites: 1-2 Years in the Profession

Operation Minutes: 50

Operation Credits: 1

Operation Credit Type: Accounting (Governmental)

Operation Level: Basic

Operation Advanced Prep: None

Operation Sale: 1

Operation Archive: 1

Operation Alertness Issued: 4

Operation Alertness Required: 3

Operation Introducer: Misty Brown

GASB Statement 87 changes the recognition and measurement model used for reporting lease liabilities (lessees) and lease receivable (lessors). This session will highlight the requirements in Statement 87.

Learning Objectives:
  • Distinguish what types of contracts meet the definition of a lease and the types of contracts that do not.
  • Recognize the lease term and its importance when calculating a lease liability or lease receivable.
  • Estimate completeness of lease contracts and applying materiality to leases.
Speaker(s):
Category: Concurrent Session Online
Standard: $49.00

Common Errors and Deficiencies in NFP Reporting - Part 1

Oct 20, 2020 10:00am ‐ Oct 20, 2020 10:50am

Identification: GOV2013

Operation Prerequisites: 3-5 Years in the Profession

Operation Minutes: 50

Operation Credits: 1

Operation Credit Type: Accounting

Operation Level: Intermediate

Operation Advanced Prep: None

Operation Sale: 1

Operation Archive: 1

Operation Alertness Issued: 4

Operation Alertness Required: 3

Operation Introducer: Amish Mehta

Operation Polling: 1

In this session, we will review the top 5 categories of common financial reporting and disclosure errors:

•Revenue Recognition

•Net Asset Classification

•Financial Statement Presentation

•Disclosure Errors

•Miscellaneous

Learning Objectives:
  • Identify the most common errors found in not-for-profit financial statements
  • Determine the impact errors could have on not-for-profit financial statements
  • Identify how to avoid errors in not-for-profit financial reporting
Speaker(s):
Category: Concurrent Session Online
Standard: $49.00
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