Being audit-ready in today's remote work environment can be challenging, and requires an emphasis on improving controls surrounding the digital world. In this session, we've compiled examples of workflow automations and other tools that entities can use to not only improve internal controls but also strengthen communication and documentation in a remote work environment.

Uncertainty about the COVID pandemic’s current and long-term impact on the not-for-profit industry has continued into 2021. Cancelled fundraising events, loss of funders or corporate partners and challenges meeting funder requirements or grants/contracts with government agencies at risk are at the forefront of such top issues facing nonprofits. This session will cover some of the financial statement impacts, auditing considerations, federal grant compliance and operational challenges that organizations are enduring. The presenters will discuss federal relief funds, internal control impacts and various other topics based on their experiences with a wide range of not-for-profit organizations as auditors and as board members.

Sampling in a single audit can become complicated. This session will offer a review of single audit testing basics, which often includes sampling. Examples will demonstrate how the mixture of facts, decisions and auditor judgments all impact sampling.

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 judgement where authoritative guidance requires judgement.

Sampling concepts learned in the previous sampling session will be expanded to real life situations auditors may encounter on a single audit. This session will include several different case studies to provide examples on how to apply sampling concepts and work through difficult and challenging issues when sampling in a single audit.

The world of single audits is more challenging than ever due to the historic amounts of federal funding that have been provided in response to the COVID-19 pandemic. Now is the time to make sure you are up-to-date as there are new programs, changing rules, and things are moving quickly. This session will help you understand the following: Key aspects of the 2021 Compliance Supplement; COVID-19 implications; and other single audit developments.

The AICPA Professional Ethics Executive Committee issued the State and Local Government Client Affiliates interpretation, and the related Implementation guide, to provide guidance to auditors of state and local government entities in evaluating affiliates of those entities. This session will go through an overview of the revised interpretation, discuss examples of how affiliates would be evaluated using this interpretation, and discuss the tools to assist in the evaluation.