This session will cover recent frauds affecting the nonprofit community and how they could have been prevented. This session will also highlight segregation of duties for organizations of all sizes - using using the AICPA 2, 3, 4 person office model.

• Determine relevant fraud risks within a not-for-profit organization
• Identify how appropriate segregation of duties can limit the opportunity for fraud

This session will cover documentation requirements for a single audit and provide examples of how auditors can provide proper evidence of their work. Areas covered will include documentation related to planning, performing, evaluating, reviewing, and reporting in the single audit.

• Identify common documentation concerns raised by reviewers and regulators
• Determine how much documentation is required to support your single audit work

The program intends to give attendees a basic understanding of the tax rules governing Qualified 501(c )(3) bonds with a particular emphasis on the rules that inform the reporting that is required on form 990 Schedule k.

• Evaluate the private business use limits applicable to 501(c)3 bonds
• Analyze the arbitrage limits applicable to 501(c)3 bonds
• Differentiate the context in which 501(c)3 bonds are used

This session will cover the different legal regimes that govern lobbying activity for nonprofits, including 501(c)(3) tax law rules, rules for other 501(c)s, and federal and state lobbying disclosure laws.

• Distinguish tax reporting for electing c3s, non-electing c3s, and other 501(c)s
• Contrast regulation under federal lobbying disclosure act
• Identify related state and local disclosure issues

Socially Responsible Investing (SRI) or the act of excluding 'sin' stocks isn't a new concept for non-profit clients seeking impact through their investment portfolio. Over the past decade, this values-based investing approach has evolved from weeding out the offenders in the portfolio, to making an active decision to include Environmental, Social and Governance (ESG) factors into the investment decision process. Yet, despite its gaining popularity, ESG investing has not been widely adopted by non-profit organizations because of certain myths and beliefs. While many organizations express interest in values-based or ESG investing, they do not have a clear understanding of how they can achieve both mission alignment and targeted financial returns within their portfolios.

• Recognize how aligning the investment portfolio with the organization's mission can be a powerful stakeholder message
• Determine how not-for-profit organizations can implement an ESG without sacrificing returns
• Identify practical ways to implement an ESG portfolio and to measure the impact

This interactive unplugged session will facilitate discussion on applying the revenue standard to the various aspects of membership revenue. (Available Onsite Only)

• Identify issues and distinct components of membership revenue and their related treatment
• Learn from peers regarding best practices and practical application in applying the revenue standard to membership related issues

Learn about the latest updates on regulations for blockchain companies. We will discuss the latest views on regulations from federal and state agencies regarding ICOs, token sales, money transmitter laws, the Bank Secrecy Act, anti-money laundering laws, and other regulations.

• Identify the latest regulations on blockchain technology
• Determine the latest views from regulatory agencies
• Recognize how these regulations are relevant to your organization

With all of the upcoming revenue recognition changes occurring in the industry, including ASU 2018-08 on contributions and grants, now is the time to discuss one of the most significant items in a NFP financial statement - contributions. Contributions can vary widely based on the type of NFP, fundraising techniques and donor sophistication. In addition, donor restrictions, conditions, planned giving/split interest concepts, and misunderstandings within the internal team (Development vs. Accounting) may add further complexity. This session will walk through several contribution concepts and examples to pride 'do' and 'don't' suggestions for your NFP.

• Apply technical accounting concepts to contributions within their NFP
• Determine proper treatment of various types of gift instruments
• Use the skills learned to improve the understanding of contribution complexities within their NFP

This session (in conjunction with the related 'Part 2' session) meets the annual training requirement for reviewers of governmental engagements. It may also be of interest to those who perform firms' internal inspections and others who wish to learn more about peer review findings in this area. Recent changes in peer review guidance related to governmental engagements as well as other key items related to peer reviewing these engagements will be covered. Note: both Parts 1 and 2 must be attended to meet the annual peer review training requirement for reviewers of governmental engagements.

• By the end of the session, you will be able to identify common findings related to governmental engagements found in peer reviews and enhanced oversights, apply best practices when performing reviews of governmental engagements and recognize how recent changes in peer review guidance impact the reviews of these engagements. Although the session is designed for peer reviewers of engagements subject to Government Auditing Standards, non-peer reviewers looking to learn more about peer review may benefit as well.

We'll discuss common audit quality issues, regulator and peer reviewer perspectives, and most importantly - how to plan for quality!

• Recognize the danger areas and threats to maintaining audit quality
• Evaluate effective means to combat those threats
• Develop action steps you can apply to maintain or improve your single audit quality