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12:30pm - 01:45pm EDT - June 6, 2022

Monday

The business environment is complex and evolving more rapidly than ever. A world-wide pandemic has required us to work differently, accelerated our adoption of technology by years and injected new risks and opportunities into the system. In order to position ourselves for success, we must understand prevailing environmental trends, how they impact what we do as assurance providers, and the opportunities they present.



Objectives:
  • Assess the trends in the environment that are impacting assurance practice
  • Identify impact on quality
  • Analyze insights into developments that will affect practice in the near future
  • Compare new assurance opportunities
02:15pm - 03:05pm EDT - June 6, 2022

Monday
02:15pm - 03:05pm EDT - June 6, 2022 | Room: Juniper 4
Track: ENGAGE Main Conference
Total Minutes: 50

This session will provide attendees with an update on recent changes to the AICPA Code of Professional Conduct as well as current and planned projects of the Professional Ethics Executive Committee. Recent revisions to the SEC independence rules will also be highlighted.



Objectives:
  • Identify recent changes to the Code of Professional Conduct
  • Assess current and planned activities of the Professional Ethics Executive Committee
  • Analyze new SEC independence rules
04:30pm - 05:45pm EDT - June 6, 2022

Monday
04:30pm - 05:45pm EDT - June 6, 2022 | Room: Juniper 4
Track: ENGAGE Main Conference
Total Minutes: 75

The AICPA Chief Auditor and the Immediate Past Chair of the Accounting and Review Services Committee (ARSC) will discuss recently issued standards for audits and attestation engagements and recent activities of the ARSC for reviews, compilations and financial statement preparation engagements performed in accordance with Statements on Standards for Accounting and Review Services (SSARSs). The discussion will also include the Auditing Standards Board and ARSC's active agendas including ongoing efforts to modernize auditing and attestation standards, enhance outreach to stakeholders regarding proposed standards and post-implementation reviews of issued standards. This session will feature a discussion of the current status of the projects to: Revise the quality control standards and make narrow revisions to auditor/accountant communications regarding NOCLAR.



Objectives:
  • Apply new auditing, attestation, SSARSs and quality management standards in their engagements.
  • Identify current projects to keep attendees apprised of their status and facilitate their participation in the stakeholder feedback process.
06:00pm - 07:15pm EDT - June 6, 2022

Monday
06:00pm - 07:15pm EDT - June 6, 2022 | Room: Juniper 4
Track: ENGAGE Main Conference
Total Minutes: 75

This last year has been one of the most challenging ever for single audits due to the significant influx of federal funding emerging from the COVID-10 pandemic. There will be many of the same types of challenges to address in the coming year. This session will provide an overview of what is happening in the single audit arena. You will learn about: COVID-19 funding nuances and related single audit implications; Key information in the OMB Compliance Supplement; The latest Uniform Guidance and single audit developments; News from the Governmental Audit Quality Center; and The single audit landscape looking forward



Objectives:
  • Assess the impact of COVID-19 funding on single audits
  • Identify the nuances of the latest OMB Compliance Supplement
12:30pm - 01:45pm EDT - June 7, 2022

Tuesday
12:30pm - 01:45pm EDT - June 7, 2022 | Room: Mariposa 6
Track: ENGAGE Main Conference
Total Minutes: 75

This session is dedicated to the possibility that accounting professionals can win larger engagements and serve those they win more effectively when they learn and adopt subscription-based pricing. Subscription pricing is not taking your annual price and dividing it by 12. It is more challenging than that and not for everyone. If you think you have ability to think about your pricing and service model differently than you have in the past, you are invited to attend this session delivered by Sage’s senior director and co-host of The Soul of Enterprise [http://thesoulofenterprise.com... [http://thesoulofenterprise.com...]] podcast, Ed Kless.



Objectives:
  • Identify strategies utilized by businesses that have made the transition to a subscription-based model
  • Recall the psychology of selling subscriptions to larger businesses
Tuesday
12:30pm - 01:45pm EDT - June 7, 2022 | Room: Juniper 2/3
Track: ENGAGE Main Conference
Total Minutes: 75

Learn from a top-notch panel of accountants and practitioners about the likely implementation challenges private companies and nonprofits will face when adopting the new lease standard (ASC 842), which is effective for 2022 calendar year ends. Our speakers possess deep expertise and experience when it comes to implementing ASC 842. Lessons learned and insights specific to private companies and nonprofits will be distilled down to practical advice for attendees. Some areas that will be addressed include transition nuances, options and challenges, discount rate complexities and tips, as well as challenges and best practices related to identifying leases. It’s crunch time for the new lease standard; make your implementation a success by attending this session.



Objectives:
  • Interpret the requirements of FASB ASC 842, Leases.
  • Recognize and evaluate common implementation challenges and best practices related to FASB ASC 842.
  • Analyze how entities have adopted ASC 842 and evaluate lessons learned
02:15pm - 03:30pm EDT - June 7, 2022

Tuesday

An interactive session with members of the senior standard setting committees.



Objectives:
  • Recognize and interact directly with practitioners well-recognized in the profession and deeply involved in understanding and implementing the technical literature, as well as influencing standard setting.
  • Evaluate and ask questions in an open setting with no scripted answers.
Tuesday

Live from ENGAGE! The AICPA Town Hall Series is a high-impact news broadcast that delivers accounting and finance professionals with the latest analysis, insights and practical guidance to help them understand and respond to the most pressing issues facing the profession. The Town Hall Series is recognized by tens of thousands of practitioners as the profession’s go-to resource for timely and critical information, real-time interpretation and analysis, and a broader discussion on the strategies and capabilities that drive long term success. Town Hall panelists include practitioners, thought leaders, policy makers and a range of experts from across the profession, government and business. Join this special edition Town Hall as AICPA leaders bring the news desk to ENGAGE.



Objectives:
  • Identify Timely & Critical Information
  • Formulate Interpretation & Analysis
  • Recall Firm and Business Strategies
  • Recognize Practitioner Capabilities
05:30pm - 06:45pm EDT - June 7, 2022

Tuesday
05:30pm - 06:45pm EDT - June 7, 2022 | Room: Ironwood 4
Track: ENGAGE Main Conference
Total Minutes: 75

The accountants view of Graphic Packaging's ESG Story. The role of accounting, risk, and audit in ESG



Objectives:
  • Analyze ESG
  • Identify how accounting, risk, and audit can add value through ESG
Wednesday

The pace of change continues to quicken, as demonstrated most acutely over the last few months. Accounting and finance professionals are once again leading in uncertainty, committing to growth while assuring trust, integrity and recovery. In this panel discussion, moderated by Barry Melancon, Susan S. Coffey, Erik Asgeirsson and Anoop Mehta will share how the profession is stepping forward to grow services, deepen client and business connections and enhance stakeholder confidence. They will also provide examples of how AICPA & CIMA are supporting their members while keeping the profession attractive, prosperous and exciting for the next generation of CPAs and CGMAs.



Objectives:
  • Recall the current economic environment and important issues impacting the accounting and finance profession.
  • Recognize how accountants are leading in economic recovery efforts and hear how the Association is supporting them through advocacy, resources and learning.
Wednesday

Carla Harris, author of _Expect to Win_ and _Strategize to Win_, and a gospel recording artist shares the components of positioning yourself to maximize your success as a leader in your current career environment or the environment that you want. She’ll explore the concepts of performance currency vs. relationship currency, managing through and creating change, and how to be an impactful and influential leader.



Objectives:
  • Identify tools to maximize your success as a leader.
  • Differentiate performance currency from relationship currency.