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Monday
01:00pm - 04:00pm EDT - October 4, 2021 | Room: V100-Jeff Tilton
Brian Yacker, CPA/JD, ​Speaker - Virtual; Jennifer Casacchia, CPA, ​Speaker - Virtual
Total Minutes: 150

Join this extensive workshop to learn about enhancing and synchronizing your not-for-profit financial and tax reporting. This session will include a critique and examples of various audited not-for-profit financial statements, Form 990 and other tax/legal disclosures.



Objectives:
  • Determine how to improve and enhance general-purpose financial reporting
  • Identify answers to your nonprofit financial statement and tax return questions
  • Apply guidance regarding best practice communications between your financial statement auditor and Form 990 preparer
  • Discover how disclosures could be improved.
Monday

It’s no longer business as usual for nonprofit leaders, local and state governments, and those that advise them. The COVID-19 pandemic, protests and unrest around racial justice, and a fluid political and economic climate have upended all facets of the nonprofit landscape.

Add to this evolving technology, shifting donor behaviors, and changing demographics as even more factors disrupting the way nonprofits fundraise and communicate with supporters. How can organizations of all sizes and structures keep up with the breakneck pace of change? Don’t despair - there is hope!

In this talk, author and nonprofit communications expert Julia Campbell details the steps necessary to future-proof your organization so that you can confidently adapt, evolve, and thrive (not just survive) in the next decade and beyond.

Audiences will walk away inspired and motivated with an understanding of the following:

  • The dramatically changing fundraising landscape and the implications for nonprofits;
  • The 7 steps to thrive and not just survive in the new normal;
  • How to manage through these changes and get buy-in from the Board, supervisors, and staff;
  • How to pivot your marketing and fundraising strategy to be more proactive and not just reactive.
  • Exactly what tax practitioners/auditors need to care about and pay attention to when advising clients through these changes.

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.


Objectives:
  • Identify actionable strategies and real-world examples of ways that even small nonprofits can get results with digital storytelling;
  • Recognize ideas to start building your own storytelling plan.
12:45pm - 01:35pm EDT - October 25, 2021

Monday
12:45pm - 01:35pm EDT - October 25, 2021 | Room: Rivoli AB
Monique S. Booker, CPA; Jennifer Burns, CPA, ​Speaker - Virtual; Erica Forhan, CPA, ​Speaker - Virtual
Total Minutes: 50

This session will introduce attendees to the current activities of the Auditing Standards Board, including a discussion on recently issued standards and how they will impact planned audit procedures and reporting practices.



Objectives:
  • Identify the current activities of the Auditing Standards Board.
  • Indicate how the new standards will impact current audit procedures and reporting practices.
Monday
12:45pm - 01:35pm EDT - October 25, 2021 | Room: Rivoli C
Total Minutes: 50

This session will focus on the internal control requirements of the Uniform Guidance. From AICPA, Green Book, and the Uniform Guidance come the standards to be followed related to Internal Control in a Single Audit. In this session, we will explore all of the available guidance and discuss how it applies to the audit of Federal programs.



Objectives:
  • Recognize the requirements of UG related to understanding and documenting internal controls over compliance.
  • Recall the attributes of the COSO model.
  • Establish the fundamental understanding with a step by step approach to documenting internal controls in a single audit
  • Identify the impacts of COVID on Internal Controls in a Single Audit
01:55pm - 02:45pm EDT - October 25, 2021

Monday
01:55pm - 02:45pm EDT - October 25, 2021 | Room: Rivoli AB
Tags: Hot Topics NFP
Total Minutes: 50
With nonprofits quickly pivoting their fundraising strategies in light of the pandemic, many may not have called their accountant or attorney for advice about tax, financial reporting and other ramifications.  Changes were often made quickly to survive financially with little concern for other issues.  Now, a year in, reporting deadlines are steadily coming due.  Organizations and their advisors are finding time to refocus on risk management, reporting and compliance responsibilities.  This session will explore what we are seeing as the biggest trends in fundraising by organizations, along with the tax, financial reporting and compliance issues that need to be considered.


Objectives:
  • Discuss current trends in nonprofit fundraising practices and charitable giving
  • Discuss tax, financial reporting and other compliance issues implicated by nonprofit fundraising strategies
  • Review risk managment strategies advisors to nonprofits can implement with their clients
  • Review strategies advisors to nonprofits can take to identify risks implicated by fundraising strategies
Monday
01:55pm - 02:45pm EDT - October 25, 2021 | Room: Rivoli C
Total Minutes: 50

Building on the concepts learned in the previous Internal Controls in a Single Audit session, this session will focus on the process of identifying effective internal control over compliance and how the auditor decides whether a control is designed and implemented effectively.



Objectives:
  • Identify control objectives for each compliance requirement.
  • Analyze compliance processes and controls within processes.
  • Distinguish risks within processes ("what can go wrong" risks).
  • Determine whether controls have been placed into operation and are operating effectively.
03:45pm - 05:25pm EDT - October 25, 2021

Monday
03:45pm - 05:25pm EDT - October 25, 2021 | Room: Rivoli AB
Flo Ostrum, CPA, ​Speaker - Virtual; Thomas J Sneeringer, CPA; Teresa Bordeaux, CPA, CGMA, ​Speaker - Virtual
Total Minutes: 100

With complex rules and auditor judgment, determining your Major Programs is no easy feat. This session will discuss how to apply the Uniform Guidance risk-based approach to major program determination. We will go over using this approach to select major programs, including the impact of the new COVID-19 related federal programs, SEFA reporting, and other factors that impact major program determination.



Objectives:
  • Identify the critical components of the major program determination process
  • Recognize the more complex decision points
  • Determine the impacts of Federal funding and SEFA reporting on major program determination.
05:45pm - 06:35pm EDT - October 25, 2021

Monday
05:45pm - 06:35pm EDT - October 25, 2021 | Room: Vendome B/C
Candice Avery, CPA, CGMA, ​Speaker - Virtual; Mitchell Hansen, CPA, CMA, CFE, CIA, ​Speaker - Virtual
Total Minutes: 50

The pandemic has brought with it a pandemic of new fraud schemes. In this session, we'll look at the largest frauds of the year, the COVID-19-related fraud schemes, and what you can do to protect yourself and your organization.



Objectives:
  • Identify the current fraud landscape and lessons learned
  • Recognize the pandemic's impact on fraud
  • Indicate steps that organizations can take to strengthen their controls
Monday
05:45pm - 06:35pm EDT - October 25, 2021 | Room: Rivoli AB
Tammie Brown, CPA, ​Speaker - Virtual; Mary Foelster, CPA, CGMA, ​Speaker - Virtual; Morgan Aronson, ​Speaker - Virtual
Total Minutes: 50



Federal agencies are busier than ever due to the historic federal funding distributed in response to the COVID-19 pandemic. Activities include administration and oversight of the funding. Hear from 2 federal agency representatives on related federal activities and views on single audits. Among the topics to be covered are: (1) the impact of the COVID-19 pandemic on single audits, (2) tips to auditors based on quality control and desk reviews of single audits, and (3) federal oversight activities of COVID-19 funding.



Objectives:
  • Recognize federal viewpoint on COVID-19 audit implications
  • Identify common quality issues in single audits
  • Indicate the latest single audit developments from federal regulators
10:00am - 10:50am EDT - October 26, 2021

Tuesday
10:00am - 10:50am EDT - October 26, 2021 | Room: Vendome B/C
Tasha N. Repp, CPA, ​Speaker - Virtual
Total Minutes: 50

This session will provide an overview of how recent GASB pronouncements are expected to impact financial reporting for Tribal governments and their businesses.  We will also discuss several of the Federal programs provided to Tribes in response to the COVID-19 pandemic and review significant audit risks around each of these programs.



Objectives:
  • Identify how recently issued GASB financial statements impact Tribal government and Tribal business reporting
  • Indicate audit risks of CARES, ARPA and other Federal programs provided to Tribes in response to the COVID-19 pandemic
Tuesday
10:00am - 10:50am EDT - October 26, 2021 | Room: Rivoli AB
Ashley Garcia, CPA, ​Speaker - Virtual; Eric Wilson, CPA, ​Speaker - Virtual
Total Minutes: 50

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.



Objectives:
  • Review the principles and objectives of internal controls, with a specific focus on key considerations for the digital age
  • Identify solutions for internal control challenges in today's remote work environment, including tools for electronic communication and documentation
  • Recognize special considerations for nonprofit and governmental entities in regard to segregation of duties, internal controls over compliance, and consolidated entities/component units
Tuesday
A single audit isn't complete until the reporting package has been submitted to the Federal Audit Clearinghouse. This session will review the latest updates to the Data Collection Form (SF-SAC), the required contents of the reporting package, and common errors founding in prior submissions.


Objectives:
  • Identify the latest version of the single audit reporting package
  • Determine how to avoid common reporting package errors
11:10am - 12:50pm EDT - October 26, 2021

Tuesday
11:10am - 12:50pm EDT - October 26, 2021 | Room: Rivoli AB
Total Minutes: 100

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.



Objectives:
  • Identify the impact of COVID on not-for-profit organizations
  • Distinguish between the various types of federal COVID relief funding available to not-for-profit organizations
Tuesday
11:10am - 12:50pm EDT - October 26, 2021 | Room: Vendome B/C
Ms. Rachel Magdalena Stushek, CPA, ​Speaker - Virtual; Rachel Flanders, CPA, ​Speaker - Virtual
Total Minutes: 100

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.



Objectives:
  • Determine sampling considerations in a single audit.
  • Identify key underlying concepts to select a proper sample
01:10pm - 02:50pm EDT - October 26, 2021

Tuesday
01:10pm - 02:50pm EDT - October 26, 2021 | Room: Rivoli AB
Total Minutes: 100

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.



Objectives:
  • Identify odd, complex and strange transactions
  • Apply walk-through examples faced by not-for-profit organizations
  • Identify practical ways to research and document sound decisions and conclusions
Tuesday
01:10pm - 02:50pm EDT - October 26, 2021 | Room: Vendome B/C
Ms. Rachel Magdalena Stushek, CPA, ​Speaker - Virtual; Rachel Flanders, CPA, ​Speaker - Virtual
Total Minutes: 100

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.



Objectives:
  • Determine auditor considerations related to population completeness, calculations of sample sizes, and risk.
  • Identify when sampling may not be appropriate for a population in a single audit.
03:50pm - 05:05pm EDT - October 26, 2021

Tuesday
03:50pm - 05:05pm EDT - October 26, 2021 | Room: Rivoli AB
Total Minutes: 75
When times are tough, it is easy to look to your endowment, but it is never that easy!  Donor restrictions and state laws impact whether and to what extent an endowment can be drawn upon.  That said, as is often the case, the question also needs to be framed in terms of just because you can, does that mean you should.  This session will look at under what circumstances an endowment can be drawn in tough financial times, along with practical and reporting considerations.


Objectives:
  • Determine when and under what circumstances an endowment can be drawn upon.
  • Identify the process and procedures for increasing the annual drawdown from an endowment.
  • Analyze considerations to be addressed when considering whether to increase the annual endowment spending.
  • Distinguish the required accounting entries and disclosures when increasing endowment spending or borrowing from donor restricted endowment funds.
Tuesday
03:50pm - 05:05pm EDT - October 26, 2021 | Room: Rivoli C
Total Minutes: 75



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.



Objectives:
  • Distinguish key developments in single audits
  • Recognize how COVID-19 funding impacts your audits
  • Identify new COVID-19 programs and related challenges
05:25pm - 06:15pm EDT - October 26, 2021

Tuesday
05:25pm - 06:15pm EDT - October 26, 2021 | Room: Vendome B/C
Total Minutes: 50

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.



Objectives:
  • Identify changes introduced in the revised interpretation
  • Determine how the new standard impacts identified affiliates of state and local government entities
  • Apply new independence standards to state and local government entity audits
Tuesday
05:25pm - 06:15pm EDT - October 26, 2021 | Room: Rivoli AB
Tags: Hot Topics NFP
Total Minutes: 50
The 2017 "Tax Cuts and Jobs Act" changed the playing field for many not-for-profits and the manner in which they must look at unrelated business activities. Now, Form 990-T has been remodeled, upgraded, and set for eFiling. In this session we will survey the changes, cover potential pitfalls, and discuss unrelated business planning and awareness for all NFPs.


Objectives:
  • Distinguish the key changes in the Form 990-T instructions for 2020 including the new Schedule A
  • Apply the changes and new directives to your organization
Tuesday
05:25pm - 06:15pm EDT - October 26, 2021 | Room: Rivoli C
Total Minutes: 50
The federal government has provided various forms of relief in response to the COVID-19 pandemic, including significant federal financial assistance. The increased funding has created new challenges. Yet delivering high quality audits is still a priority during these challenging times. Join us as we explore complex single audit issues.


Objectives:
  • Identify the answers to challenging single audit questions
  • Discover single audit nuances through exploration of challenging areas
06:25pm - 07:15pm EDT - October 26, 2021

Tuesday
06:25pm - 07:15pm EDT - October 26, 2021 | Room: Rivoli AB
Tags: NFP
Total Minutes: 50


How long has it been since you considered changes, traps, and nuances of the most-utilized Form 990 supporting schedules? In this session, we will run through each of the sixteen schedules – emphasizing those most encountered by not-for-profit organizations – and provide valuable insight on filing issues, tricks, and traps.


Objectives:
  • Review recent updates across the Form 990 schedules that are most often required of not-for-profit organizations
  • Recognize whether your organization needs to file schedules they may currently be neglecting
  • Identify methods to put your organization’s “best foot forward” when completing Form 990 schedules
10:00am - 10:50am EDT - October 27, 2021

Wednesday
10:00am - 10:50am EDT - October 27, 2021 | Room: Rivoli AB
Chris Pembrook, CPA, CGAP, ​Speaker - Virtual; Jodi Dobson, CPA, ​Speaker - Virtual
Total Minutes: 50

This session will focus on the financial reporting entity and allow attendees to:

  • Understand the impact of recent GASB standards on the component unit determination
  • Review some unique situations that will make you question what you know
  • Learn what questions auditors should be asking in light of GASB changes and the SLG Affiliates rule


Objectives:
  • Discuss and enhance understanding of the financial reporting entity
  • Identify organizations that should be evaluated for inclusion within the reporting entity
Wednesday
10:00am - 10:50am EDT - October 27, 2021 | Room: Vendome B/C
Tags: NFP
Total Minutes: 50

With all the pressing matters of the past 18 months, your organization may be running on auto-pilot for tax matters. Many organizations do not take the time to do "Spring Cleaning" annually. Let's look at ten issues all organizations should consider, including those related to COVID, and use this as an annual checklist of tax topics to be assessed.



Objectives:
  • Recognize how your organization is handling critical tax matters
  • Discuss and develop strategies to raise your "tax assessment" score
Wednesday
This session will identify the key audit finding elements once an exception or deviation has resulted in a reportable finding. We will explore how to properly classify, report, and communicate findings in accordance with requirements.


Objectives:
  • Identify how to report a finding under Uniform Guidance and Government Auditing Standards
  • Determine how to evaluate, classify, document and report single audit findings
  • Recognize how to avoid common reporting errors when encountering single audit findings
11:10am - 12:50pm EDT - October 27, 2021

Wednesday
11:10am - 12:50pm EDT - October 27, 2021 | Room: Vendome B/C
Tags: Hot Topics NFP
Total Minutes: 100

2020 and 2021 have brought numerous opportunities for NFPs to receive federal assistance by means of credits, grants, loans, deductions, and filing extensions. However, along with these opportunities have come many challenges. This session will survey many of the programs that NFPs have available to them such as PPP, ERC, HEERF, EIDL and tips and nuances regarding the technical reporting requirements that must be adhered to.



Objectives:
  • Identify the nuances of the various 2020 and 2021 assistance programs
  • Determine what reporting your organization is required to comply with
Wednesday
The Federal government has established a number of COVID-19 relief grants, each with its own unique requirements. This session will provide an overview of some of the largest programs of the CARES Act (Coronavirus Relief Fund, Provider Relief Fund, Educational Stabilization Fund), the Consolidated Appropriations Act, and the American Rescue Plan Act. Topics covered will include applicable compliance requirements and suggested audit procedures from the OMB Compliance Supplement.


Objectives:
  • Identify the applicable compliance requirements for some of the largest COVID-19 relief grants
  • Indicate how to develop audit procedures to address relevant risks of noncompliance
01:10pm - 02:25pm EDT - October 27, 2021

Wednesday
01:10pm - 02:25pm EDT - October 27, 2021 | Room: Rivoli C
Chris Pembrook, CPA, CGAP, ​Speaker - Virtual; Jodi Dobson, CPA, ​Speaker - Virtual
Total Minutes: 75

As governments and auditors prepare for implementation of the new lease accounting and financial reporting standard we will focus on real life examples and practical implementation issues including:

  • Discussion of challenges faced by lessees and lessors as early implementation is underway
  • Review of helpful implementation guide Q&As to assist with the understanding of the guidance
  • When auditing leases, where might you spend your time or focus


Objectives:
  • Analyze examples to consider during implementation
  • Identify useful implementation guide question and answers
Wednesday
01:10pm - 02:25pm EDT - October 27, 2021 | Room: Rivoli AB
William Mendez, CISSP, ​Speaker - Virtual; Steve Baum, ​Speaker - Virtual; Daniel Figueredo, CPA, CGMA
Total Minutes: 75

Technology is rapidly changing and organizations are having to make significant investments to keep up pace. We will discuss new technologies impacting not-for-profits, governmental organizations, and their CPAs. New technologies like the rising presence of digital assets and blockchain have also created new opportunities to accomplish your mission, make investments, as well as fundraise. We will also cover relevant cyber risks and common gaps organizations can identify and address.



Objectives:
  • Discover important considerations, audit risks, and tax risks before diving in with digital assets and blockchain.
  • Determine where your most significant cyber threats lie and how to protect yourself.
  • Identify the changing technology landscape helping remote workers thrive.
Wednesday
01:10pm - 02:25pm EDT - October 27, 2021 | Room: Vendome B/C
Total Minutes: 75

Join us to explore the entirety of the OMB Compliance Supplement and understand not only how all the main parts fit together, but what can be found in the nooks and crannies of the appendices. Take a deep dive into each of the 12 compliance requirements. Discussions will include the intent of each, why it is important, and how to develop tests of compliance.



Objectives:
  • Identify the various parts of the compliance supplement and how they must be used together.
  • Recognize the available information and how this information can assist in your single audit work.
  • Recognize the compliance requirements and form an appropriate audit plan.