AICPA Not-for-Profit Industry Conference 2021

Jun 6, 2021 ‐ Jun 8, 2021

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association’s website, educational materials, products, and services. The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association’s Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests, please contact and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately. 

Packages Display Packages

This includes sessions from the conference: AICPA Not-for-Profit Industry Conference 2021

Sessions Included:

Payroll Tax Reporting Issues for Nonprofits (Jun 08, 2021 01:20 PM)

Trust But Verify: Assessing Church Risk in the 21st Century (Jun 07, 2021 01:55 PM)

Don't You Forget...About These Accounting Standards! (Jun 09, 2021 09:35 AM)

Disaster Relief Funds: What Auditors and Auditees Need to Know (Jun 09, 2021 09:35 AM)

International Tax Considerations for Nonprofits (Jun 09, 2021 09:35 AM)

UBI Silo-ing: Lessons Learned, Implementation Challenges and Opportunities (Jun 07, 2021 01:55 PM)

Risky Business: An Enterprise-Wide Exploration of Top Threats and Remedies (Jun 08, 2021 03:05 PM)

Introduction to UBIT: Do You Owe Tax as a Tax-Exempt Organization? (Jun 07, 2021 12:25 PM)

Retirement Plan Management: Implementing a Prudent & Repeatable Process (Jun 09, 2021 09:35 AM)

Work the Core - Don't Fail in Assessing Risk (Jun 08, 2021 09:35 AM)

SEFA Accuracy and Completeness: Refresh (Jun 08, 2021 03:05 PM)

Auditing Standards Board Update (Jun 08, 2021 11:50 AM)

Don't Lease Your Understanding...Own it! (Jun 09, 2021 11:50 AM)

The Revised Uniform Guidance: Understanding and Applying the Key Changes (Jun 07, 2021 03:40 PM)

Advanced Single Audit Issues (Jun 09, 2021 02:40 PM)

Remote Auditing - Tips, Tricks, Traps (Jun 09, 2021 01:20 PM)

The OMB Compliance Supplement: How Can Auditees Utilize This Resource (Jun 08, 2021 11:50 AM)

Single Audit Planning Case Study (Jun 07, 2021 01:55 PM)

Successful Audits From an Auditee's Vantage Point (Jun 09, 2021 11:50 AM)

NFP's Greatest Hits: Top 10 Challenges Facing Organizations Today (Jun 09, 2021 09:35 AM)

Don't Overlook O--The Other Information Schedule (Jun 07, 2021 03:40 PM)

A Roadmap to Quality: Let the AAG-GAS Direct You! (Jun 09, 2021 11:50 AM)

Schedule A & Public Support Test (Jun 08, 2021 09:35 AM)

A&A Ask the Experts (Jun 09, 2021 02:40 PM)

Considerations in "Right-Sizing" the Finance Function (Jun 08, 2021 03:05 PM)

COVID-19 Accounting Challenges and Practical Solutions (Jun 07, 2021 01:55 PM)

Not-for-Profit Industry Developments (Jun 08, 2021 03:05 PM)

Gifts-in-Kind: Gearing Up for Greater Transparency (ASU 2020-07) (Jun 08, 2021 09:35 AM)

See No Evil, Hear No Evil, Speak No Evil - Professional Skepticism! (Jun 09, 2021 11:50 AM)

360 Degree View of Alternative Investments (Jun 09, 2021 02:40 PM)

Not-for-Profit Revenue Recognition - Lessons Learned (Jun 08, 2021 01:20 PM)

Compliance Auditing and COVID 19 - Lessons Learned (Jun 08, 2021 09:35 AM)

How Do I Record This? Practical Case Studies Recording Complicated Funding (Jun 07, 2021 03:40 PM)

Internal Controls: Ten things you should know about internal controls (Jun 08, 2021 01:20 PM)

Turning Disaster into an Opportunity (to Help) (Jun 09, 2021 11:50 AM)

Keeping Pace with the Industry 4.0 Revolution: Rethinking Assurance Service (Jun 07, 2021 03:40 PM)

Related Party Reporting: Examination of Schedule R and Schedule L (Jun 08, 2021 11:50 AM)

7 Months Later: Investing for Safety & Growth in the Post-Election Reality (Jun 07, 2021 12:25 PM)

What? My Bonds Are No Longer "Safe" ? (Jun 07, 2021 03:40 PM)

Smart Sampling in a Single Audit (Jun 08, 2021 01:20 PM)

Newsworthy Nonprofits (Jun 09, 2021 02:40 PM)

The Chief Financial Officer Is In: A Tax Perspective (Jun 08, 2021 03:05 PM)

Functional Expense Reporting for Nonprofits (Jun 09, 2021 01:20 PM)

DEI 101 - Diversity, Equity & Inclusion Basics (Jun 08, 2021 01:20 PM)

What if? Scenario Planning in an Age of Disruption (Jun 07, 2021 01:55 PM)

Common Financial Statement Errors (Jun 07, 2021 12:25 PM)

Going Concern Considerations - Auditee and Auditor Perspective (Jun 09, 2021 02:40 PM)

Chair Welcome and Introductions | Leading & Managing in an Era of Disruptive Demographics and "Certain-Uncertainty" (Jun 07, 2021 08:30 AM)

Putting People First – Evolving the Approach to Developing Finance Talent (Jun 09, 2021 01:20 PM)

How to Tell Your Financial Story (Jun 08, 2021 09:35 AM)

Single Audit Q&A (Jun 09, 2021 01:20 PM)

Single Audit Update (Jun 07, 2021 12:25 PM)

The Economics of Outsourcing Your Back Office (Sponsored by Marcum) (Jun 08, 2021 08:30 AM)

Driving Non-profit Financial Efficiency with Paperless Automation (Sponsored by Sage Intacct) (Jun 09, 2021 08:30 AM)

Strategy Meets Standards: Turning Accounting Standards into Innovation (Sponsored by CliftonLarsonAllen - CLA) (Jun 08, 2021 08:30 AM)

BACKFIRED: Fraud at the NRA and Other Recent Cases (Sponsored by Your Part-Time Controller, LLC - YPTC) (Jun 08, 2021 08:30 AM)

Be Aware – How to Prepare for and Avoid the Pitfalls of State Charitable Solicitation Regulation (Sponsored by Perlman Compliance Group) (Jun 08, 2021 08:30 AM)

Keep Calm and Assess Your Risk with ERM (Sponsored by GRF) (Jun 08, 2021 08:30 AM)

Internal Controls in a Remote Environment (Sponsored by Withum) (Jun 09, 2021 08:30 AM)

Elevating Your Story with Data and Metrics - Education Lab Session by Sage Intacct (No CPE) (Jun 07, 2021 11:25 AM)

Standard: $ 459.00


Introduction to Contribution and Grant Accounting

Jun 2, 2021 9:00am ‐ Jun 2, 2021 10:40am

Identification: NOT21101

This session will review the contribution revenue accounting standard for nonprofit organizations under topic 958-605, including the recent clarified guidance in ASU 2018-08.  This will be a primer on contribution and grant accounting. We will also review how to effectively audit contribution transactions and discuss key audit procedures.

Learning Objectives:
  • Understand accounting for nonreciprocal transactions accounted for under topic 958-605
  • Understand how to effectively audit contribution transaction and key audit procedures


A and A
Standard: $ 79.00

Beyond Budgets: Enhanced Budgeting & Forecasting for the Modern CPA

Jun 2, 2021 9:00am ‐ Jun 2, 2021 10:40am

Identification: NOT21102

These uncertain times have made financial forecasting harder than ever.  This session will empower nonprofits to develop nimble budgets, plan for times of uncertainty and enhance communications to tell their story in the foggy future. Focusing on practical tools and techniques available to improve the budgeting and forecasting process, we will discuss how to involve a cross-functional team in the process, including programmatic and fundraising staff . This session will also touch upon predictive analytics, forecasting, modeling, and scenario planning that goes beyond historical information like basic "budget vs actuals".

Learning Objectives:
  • Identify an inclusive financial planning process during time of uncertainty.
  • Select practical tools that fit your organizations needs for tracking and sharing financial information.
Standard: $ 79.00

Advanced Level Contributions Do's and Don'ts

Jun 2, 2021 11:00am ‐ Jun 2, 2021 12:40pm

Identification: NOT21103

In this session we will explore complex contribution accounting topics including Split Interest Agreements, Planned Giving, and Endowment. We will discuss the does and don't of the planned ask from donors and the impacts on the ultimate accounting.

Learning Objectives:
  • Identify complex contribution situations
  • Account for complex contribution situations


A and A
Standard: $ 79.00

Nonprofit Organizations: Mergers, Acquisitions & Strategic Realignment

Jun 2, 2021 11:00am ‐ Jun 2, 2021 12:40pm

Identification: NOT21104

Mergers, acquisitions and more specifically, strategic partnerships are taking place in a challenging nonprofit landscape with increasing frequency. This is a result of myriad pressures facing nonprofits as a result of a pandemic that continues to impact the global economy. Such challenges leading to the need for partnerships include but not limited to liquidity and resource challenges, operational efficiency, sustainability and resiliency and ultimately achievement of mission and impact.

As we examine the options available to nonprofit organizations, there are three critical pillars of a successful strategic partnership to focus on: synergy, resources and culture. When considering a form of a strategic partnership, it is important that organizations evaluate and ask themselves the following:

  • What synergies can we create with existing operations that would have the greatest impact?
  • Would the partnership create the resources, infrastructure, experience, and capacity necessary to succeed?
  • What important cultural and mission centric balance is needed in order to thrive?

Learning Objectives:
  • Identify good practices for a successful merger, acquisition or strategic alignment.
  • Determine the advantages and disadvantages of mergers and acquisitions.
  • Assess the financial feasibility of a merger or acquisition.
  • Adam B. Cole, CPA, CGMA, Co-leader, National managing partner, Nonprofit & Education Industry practice, BDO USA, LLP
  • Matthew Becker, Audit DIrector, BDO USA, LLP
Standard: $ 79.00

Yellow Book 101: Deep Dive into the 2018 Revisions

Jun 2, 2021 1:00pm ‐ Jun 2, 2021 2:40pm

Identification: NOT21105

This workshop is designed to identify and provide a in-depth understanding of the key changes made to GAS when implementing the 2018 Revision.

Learning Objectives:
  • Understand key changes made to the 2018 Revision of GAS.
  • Analyze key changes in the performance of audit and attest engagement in accordance with the 2018 Revision of GAS.


Yellow Book
Standard: $ 79.00

Key Tax Issues for Nonprofits During Initial Years of Operation

Jun 2, 2021 1:00pm ‐ Jun 2, 2021 2:40pm

Identification: NOT21106

We will discuss key tax issues affecting nonprofits during their initial years of operations. We'll look at the tax exemption process for various types of entities (501(c)(3)s, small and large; 501(c)(4)s; and other nonprofits) and answer FAQs regarding the first years of operations (retroactive exemption, filing returns before determination letter, determination process, etc.). The workshop will also address organizations using IRS Forms 1023 and 1024 applications to receive exemption and organizations that self-declare.

Learning Objectives:
  • Understand the tax exemption process for various types of entities.
  • Explore issues that arise with a nonprofit's first year of operation.


Standard: $ 79.00

Compliance Fundamentals: GAAS, GAGAS, UG...How it All Fits Together!

Jun 2, 2021 3:00pm ‐ Jun 2, 2021 4:40pm

Identification: NOT21107

This fundamentals workshop provides a background on the audit standards and regulations used in a compliance audit and how those work together.  Standards and regulations to be covered include AICPA audit standards, Government Auditing Standards and the Uniform Guidance.  This workshop is intended to be an introductory course for those new to compliance audits.

Learning Objectives:
  • Understand the standards and regulations used in a compliance audit.
  • Recognize how each standard is used in a compliance audit.


Yellow Book
Standard: $ 79.00

Chair Welcome and Introductions | Leading & Managing in an Era of Disruptive Demographics and "Certain-Uncertainty"

Jun 7, 2021 8:30am ‐ Jun 7, 2021 9:30am

Identification: NOT2101

Disruptive demographics are dramatically transforming all of nation’s social, economic, and political institutions. At the same time, the COVID-19 pandemic and the nation-wide protests spawned by the recent spate of senseless killing of unarmed Blacks have illuminated what executive development professionals have been telling private and public sector leaders and /managers for quite some time. We are living in an era of increasing volatility, uncertainty, complexity, and ambiguity—a VUCA World. “Certain-uncertainty” is the new normal in today’s society and economy, which requires new leadership capabilities and managerial competencies to properly respond to our nation’s changing demographics and weather the current and future crises we almost sure to face. Join us for an illuminating discussion of the six disruptive demographic trends that will change America forever and the “new” leadership toolkit required to manage turbulence and uncertainty.

Learning Objectives:
  • Learn how our nation’s shifting demography will shape our future
  • Hear and learn about the tools and skills will you need to weather the turbulence, an uncertainty we are almost sure to face in the future
  • James H. Johnson, Ph.D, William Rand Kenan, Jr. Distinguished Professor, UNC Kenan Flagler - Whole Community Health
Standard: $ 49.00

Elevating Your Story with Data and Metrics - Education Lab Session by Sage Intacct (No CPE)

Jun 7, 2021 11:25am ‐ Jun 7, 2021 11:55am

Identification: NOT21NS01

Join us as we look at 5 things you can do right now to ramp up faster and at what recent giving data tells us matters most - for growing your non-profit’s funding. How do you leverage your data and performance metrics to better tell your story? How do you build engagement with donors to prioritize your mission?

We’ll share some best practices, along with specific examples of how you can elevate your story to all generations of prospective donors to help strengthen sustainability for the long term.

No CPE offered.

Category: Education Lab (Onsite and Online)
Standard: $ 49.00

Common Financial Statement Errors

Jun 7, 2021 12:25pm ‐ Jun 7, 2021 1:40pm

Identification: NOT2104

Learn how, with a little extra planning and preparation, you can avoid common errors that not-for-profits make in their financial statements. We will explore some of the most common, material errors encountered in not-for-profit financial statements and what you can do to avoid those common errors.

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


A and A
Standard: $ 49.00