If the pandemic has shown us anything, it’s that nothing is staying the same. It’s one thing when the change is our idea, but when we’re told about a change, our reactions are not as excited. As leaders, however, our responses to change have deep impacts on the success of each organizational initiative. In this course, we’ll explore the role we play in managing change.

Learning Objectives:

• Recognize ways to develop and implement your personal routine to effectively adopt and adapt to change
• Identify ways to inspire and lead teams through the various stages of transition
• Distinguish essential leadership behaviors needed to help support successful implementation of organizational initiatives

This session will explain the similarities and differences between the requirements in Statements 87, 94, and 96.

Learning Objectives:

• Identify the accounting and reporting changes that these standards will require, once effective
• Distinguish what is similar and what is different between the requirements in these standards

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

Learning Objectives:

• Identify the current activities of the Auditing Standards Board
• Determine how the new standards will impact current audit procedures and reporting practices

The world of single audits continues to be as challenging as ever due to the historic amounts of federal funding provided in response to the COVID-19 pandemic which has resulted in a significant uptick in the number of single audits and similar types of compliance audits being performed. This session will help you make sure you are up-to-date as there are new programs, changing rules, and things continue to move quickly. This session will help you understand the following: Key aspects of the 2022 Compliance Supplement; COVID-19 implications; and other single audit developments.

Learning Objectives:

• Distinguish key developments in single audits
• Recognize how COVID-19 funding impacts your audits
• Identify new COVID-19 programs and related challenges

In this session, we will discuss some of the most common accounting and implementation considerations related to GASB Statement No. 87, Leases, as well as audit considerations for leases.

Learning Objectives:

• Identify some of the most common accounting and implementation considerations related to GASB Statement No. 87.
• Distinguish where you might spend your time of focus when auditing leases.

This session will focus on the latest updates, current events, trends and risks impacting not-for-profit financial reporting and operations. Topics will include a summary of recent accounting, compliance and operational updates, as well as a summary of recent trends impacting not-for-profits.

Learning Objectives:

• Recognize how to apply current financial reporting updates to your organization's financial statements.
• Identify how current not-for-profit industry issues and trends apply to your organization.

Internal Control testwork in a Single Audit has always been a complicated area and like all things audit related, the influx of COVID-19 funds has added a layer of complexity. This session will cover the essential elements of Part 6 of our annual Compliance Supplement and walk through how to properly document your understanding and testing of internal controls. The first session will cover the laws and regulations that guide this part of the single audit, the “why” behind the need for internal controls. The second session will provide a detailed walkthrough of applying the standards, the “how” of documentation. Gain essential understanding of Part 6 and how to apply it in any Single Audit you encounter, no matter the complexity or uniqueness of the programs you are testing.

Learning Objectives:

• Analyze key information in Part 6 of the 2022 OMB Compliance Supplement
• Identify the proper steps to ensure complete audit documentation surrounding Internal Controls in a Single Audit
• Determine how the Standards guide Internal Control testwork in a Single Audit

This session will provide an overview of the (1) GASB Statements that have already been issued by the Board, (2) projects that are on the Board's current technical agenda that are in various stages of due process, and (3) pre-agenda research activities.

Learning Objectives:

• Identify the accounting and reporting changes that the standards already issued by the GASB will require, once effective
• Distinguish the potential accounting and reporting changes that current technical agenda projects may require

Exempt organizations face an extraordinary level of change at an accelerating pace. In the face of uncertainty, complexity, and increasing risks, organizations must learn how to plan for and manage change while taking advantage of opportunities to adapt and excel. An organization’s ability to succeed in a changing environment begins with exceptional Board Governance. This session will focus on key considerations for Board Governance in anticipating and managing change, including: * Organizational Culture * Risk Management * Technology and Innovation * Post-pandemic Strategic Planning * Internal Controls     * Talent Acquisition and Retention     * Supply Chain and other External Stakeholders     * Reputational Risk     * Flexibility     * DEI and ESG

Learning Objectives:

• Identify governance strategies for managing change in today's enviornment.
• Determine the current risks, challenges, and opportunities organizations are facing.

While most finance professionals still embrace a less-is-more approach to monitoring KPIs, institutions often have a thirst for more information—if measuring three KPIs helps operations, wouldn’t measuring 10 be even better? Not necessarily.

Join us for this interactive presentation to explore how focusing on a targeted set of KPIs can help your organization deliver value and stay agile in a constantly changing business environment. We’ll cover key topics, including:

• Strategies for identifying the right metric
• Utilizing KPIs to measure organizational effectiveness
• Leveraging KPIs to improve organizational value

Learning Objectives:

• Evaluate strategies for identifying the right metric
• Interpret how to utilize KPIs to measure organizational effectiveness
• Assess how to leverage KPIs to improve organizational value

The AICPA has issued a series of auditing standards that will become effective over the next two years: * SAS 142 - Audit evidence (effective for 12/15/2022 FYEs) * SAS 143 - Auditing Accounting Estimates and Related Disclosures (effective for 12/15/2023 FYEs) * SAS 144 - The Use of Specialists and the Use of Pricing Information Obtained From External Sources (effective for 12/15/2023 FYEs)     * SAS 145 - Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement (effective for 12/15/2023 FYEs) This session will address the key changes from these standards, and the impact they will have on the audits of state and local governments.

Learning Objectives:

• Identify important changes to auditing standards impacting state and local governments.
• Analyze auditor considerations and documentation requirements of the new standards.
• Indicate the key types of audit evidence and when to use them.

Many of the myriad government programs that resulted from the coronavirus have wound down, but several continue to provide opportunities for governmental and not-for-profit entities. Several of the programs that have ended still required ongoing reporting. Let's survey the various programs, review the ever-changing reporting requirements, talk about areas of confusion, and point out ongoing opportunities in this arena.

Learning Objectives:

• Identify COVID-19 relief reporting and compliance issues
• Recognize methods of surveying ongoing COVID-19 funding opportunities that your organization may not be aware of

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.

Learning 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.

There is no more new normal. There is only a New Next.

Seismic shifts are redefining business, communities, and individual life. Leaders must help their teams navigate the change and uncertainty; remain connected and engaged to achieve your mission; and deliver positive results.

In this fast-paced and thought-provoking keynote presentation, Randy Pennington shares the mindset and strategies you can use today to help your team flourish in the future. You will walk away with ideas to:

• Help your team become comfortable with working and succeeding in a world where everything can shift in a heartbeat, resources are stretched, and retaining engaged talent is more difficult than ever
• Balance the need for flawless execution while remaining change ready and nimble
• Build and sustain a future seeking and collaboration enabled culture that gives your organization a competitive edge in the marketplace for talent and clients

Your ability to navigate and leverage the changes and uncertainty ahead will be the difference between continued excellence and irrelevance in the future.

Learning Objectives:

• Identify ways your team can become comfortable with working and succeeding in a world where everything can shift in a heartbeat, resources are stretched, and retaining engaged talent is more difficult than ever
• Recognize how to balance the need for flawless execution while remaining change ready and nimble
• Indicate how to build and sustain a future seeking and collaboration enabled culture that gives your organization a competitive edge in the marketplace for talent and clients

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 the key Federal programs provided to Tribes in response to the COVID-19 pandemic and review significant audit risks around each of these programs.

Learning Objectives:

• Identify new accounting standard updates and recognize how they may impact financial reporting for Tribal governments and entities.
• Compare common Federal grant programs provided to Tribes related to COVID-19 pandemic.
• Recognize key compliance issues and audit risks related to Federal grant programs provided to Tribes.

The 2017 TCJA brought numerous changes to the manner in which we look at unrelated business activities. I.R.C. Section 512(a)(6) - the "siloing" provision - can be especially daunting. Let's take a look at the history of UBI, what the IRS has said through the years, and what strategies and documentation your organization might best employ. Also, we will review changes/updates to Form 990-T that have been made recently.

Learning Objectives:

• Recognize the history of the unrelated business income tax and Form 990-T.
• Analyze how recent changes to the UBIT rules might affect your organization.
• Identify survey methods for discerning whether your organization might be subject to unrelated business income taxes.

Many auditors will have to audit one or more programs from the U.S. Department of Treasury in 2022, such as the Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) and Emergency Rental Assistance (ERA). These programs went to over 30,000 state and local governments, and tribal entities--though those recipients could potentially pass the funding down to not-for-profits or even for-profit entities. Adding to the challenge is that many small local government recipients of this funding have not had to undergo an audit of federal financial assistance in the past. This session is intended to help auditors having to address this program in their single audits.

Learning Objectives:

• Identify how Treasury Programs affect single audits.
• Analyze auditor considerations and challenges and take appropriate action.
• Apply best practice tips and resources to achieve a quality single audit.

With more and more nonprofits and social enterprises seeking to find innovative solutions to many of society's most pressing needs, organizations are becoming more creative in utilizing a wide range of tools and strategies to raise and deploy capital.  This session will focus on specific strategies and tools nonprofits are utilizing both to raise funding, as well as deploying capital to achieve their mission.  After a high level discussion of some key terms and definitions, this session will focus on a series of case studies to demonstrate how these strategies and tools have been implemented.

Learning Objectives:

• Identify the different tools available to nonprofits interested in engaging in venture philanthropy.
• Analyze how the various venture philanthropy tools have been utilized in real world situations.

This session will provide the steps involved in major program determination in a single audit environment. There are required steps that an auditor must perform, in a specific sequence, to identify major programs. Come learn and apply these step to avoid an audit failure.

Learning Objectives:

• Identify the proper steps to perform major program determination in a single audit environment
• Apply the proper major program determination steps to avoid audit failure
• Apply best practices and tips in determining major programs

The Board issued an Exposure Draft, _Financial Reporting Model Improvements_, in June 2020. Since that time the Board has been redeliberating the proposals in light of feedback received from stakeholders. This session will provide an update of the Board's tentative decisions that have been made as a result of those deliberations.

Learning Objectives:

• Identify the potential accounting and reporting changes that this project may require
• Indicate the newly proposed short-term financial resources measurement focus

sampling is a tool element in the effective and efficient design of the audit of major programs in a single audit. this sesion will provide a framework for how sampling is used, how the results are evaluated and how sampling results impact audit conclusions and the opinion on compliance.

Learning Objectives:

• Determine sampling considerations in a single audit
• Identify key underlying concepts to select a proper sample

Fast-paced and conversational (not a lecture) nonprofit tax and legal update conducted by two nonprofit lawyers with a combined 50 years of experience in the nonprofit area; topics to be addressed will probably include continuing issues for nonprofits as we continue to live in a pandemic world, nonprofit joint ventures, IRS audit update, alternative fundraising structures, state regulator update, and much more.

Learning Objectives:

• Analyze the important new nonprofit tax and legal developments within the past couple of years
• Identify how nonprofits and governmental regulators have navigated operating in the pandemic world

In this session we will discuss the current status of the Revenue and Expense Recognition Project. We'll recap some of the key provisions proposed in the Preliminary Views document and compare some of those key provisions with existing guidance. In addition, we will highlight some of the public feedback provided to the GASB about the proposals.

Learning Objectives:

• Identify the reasons the GASB is taking a comprehensive look at revenue and expense recognition.
• Analyze the GASB's preliminary views regarding a new approach for categorization and recognition of revenue and expense transactions.

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 judgment where authoritative guidance requires judgment.

Learning 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

Sampling concepts learned in a previous sampling session will be expanded to real life situations auditors may encounter on a single audit. This session will define evidence requirements and use several different case studies to help participants better evaluate audit evidence obtained, work through difficult and challenging issues, and come to audit conclusions impacting findings and the auditors opinion on compliance

Learning 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.

Come learn about the OMB Compliance Supplement and key changes included in the 2022 OMB Compliance Supplement. Whether you’re a seasoned auditor or new to Single Audits, understanding how the OMB Compliance Supplement is required to be used and understanding changes made is a critical element of performing quality Single Audit engagements.

Learning Objectives:

• Analyze the OMB Compliance Supplement and how the various Parts and Appendices are used when performing Single Audits
• Distinguish key changes included in the 2022 OMB Compliance Supplement
• Identify new Federal programs added to Part 4

Pandemic relief funds have brought to the forefront unique accounting and financial reporting questions. This session will discuss how to apply the GASB's guidance to pandemic relief funds and provide a refresher on Statement 33.

Learning Objectives:

• Identify pandemic relief financial reporting considerations, including where to find the applicable GASB guidance
• Determine the applicability of the GASB's 2020 technical bulletin to the Coronavirus State and Local Fiscal Recovery Funds
• Apply the requirements of Statement 33

In this session, we’ll update you on the most important developments in GAAP affecting NFPs, as well as what’s on the horizon, to help keep you “ahead of the curve.” We’ll discuss implementation issues on recent standards; new pronouncements (ASUs); changes to the FASB’s technical and research agendas in response to its 2021 Agenda Consultation; and noteworthy current FASB projects. We’ll also answer your questions, so please bring them!

Learning Objectives:

• Apply recent FASB standards to your organization's/ clients' financial reporting
• Analyze the impact of new pronouncements on your organization/ clients, at a general level.
• identify and describe the projects on the FASB's technical and research agendas that potentially affect NFPs

Come learn where common findings are occurring in Single Audits and identify the key concepts in evaluating and reporting audit findings.

Learning Objectives:

• Determine what the Single Audit results over the past several years from Data Collection Forms are telling us
• Analyze key concepts that must be factored when evaluating the results of Single Audit control and compliance testing
• Identify the “musts” when developing Single Audit findings

In today's digitally connected world no organization is immune from a cyber attack. All organizations depend on information and technology to achieve their goals. Governmental and Non-profit organizations are no exception. During this session we discuss the cyber threats specific to both Governmental and Non-profit organizations. We identify what specific characteristics that make these organizations attractive targets and what can they do to defend themselves.

Learning Objectives:

• Recognize current cyber risks to governmental and non-profit organizations
• Identify appropriate mitigation strategies to protect against cyber threats to governmental and non-profit organizations

GASB has issued several new standards so far this year. Some of these will impact your organization soon! Come and learn about these changes and what you need to do to prepare!

Learning Objectives:

• Identify the accounting and reporting changes that these new standards will require, once effective
• Distinguish how these changes will impact your organization or your client's financial reporting

Digital assets and blockchain have created new opportunities to accomplish your mission, make investments, as well as fundraise. Join us as we explore recent industry developments, including updates from regulators and standard-setting bodies. We will also cover relevant cyber risks and common gaps organizations can identify and address.

Learning Objectives:

• Analyze important updates to the digital assets industry, regulations, and accounting standards.
• Determine where your most significant cyber threats lie and how to protect yourself.

Not all federal programs our clients receive are listed in the _OMB Compliance Supplement_. When this occurs, and it happens more often than we think, what is an auditor to do? Luckily the Supplement includes _Part 7 - Guidance for Auditing Programs Not in this Compliance Supplement_, which provides guidance for this specific situation. Attend this session to learn more about how to audit programs not included in the Supplement.

Learning Objectives:

• Assess how to use Part 7 of the Compliance Supplement to audit programs not included in the Supplement.
• Apply the guidance available in Part 7 of the Compliance Supplement to complete a single audit or program specific audit.

With the pandemic, societal unrest, wars, mental health, and legal changes, the world is strained, and employees are pursuing alternatives for a safe workplace. The great resignation or redirection is still on the rise, but you can take action to recruit and retain top talent in your organization.

Learning Objectives:

• Analyze how recent events has afforded a unique opportunity.
• Determine benefits of creating a desirable and sustainable workplace culture that drives business results.
• Differentiate what it takes to attract and retain key talent.
• Identify how compensation and benefits are your greatest assets.
• Apply the mindset of, "Move over Employee Engagement... Meet Employee Experience".

"The connection between financial reward and diversity is impossible to prove because research only establishes a correlation, not causation, between the two.” This quote, from Catalyst (a not-for-profit focused on workplace inclusion), summarizes the challenge that so many organizations, in various sectors, struggle with. Nevertheless, whether correlation or causation, numerous surveys and studies confirm that younger generations value DEI, and expect their employers to do the same.  

This session will discuss not just the business case for DEI, but ways that organizations can move forward effectively. 

Learning Objectives:

• Recognize the business case for DEI.
• Identify ways that organizations can move forward effectively.

Do you need help combining graphics and text to better tell your financial story? Before you put up the distress signal, let us help you become a data visualization hero! In this session, we’ll share how to leverage graphics to better communicate information in ways easy for audiences to understand. The fate of your financial story depends on it!

Learning Objectives:

• Recognize graphic-placement tips for story-telling success.
• Identify data visualization design stories through four case studies.
• Identify essential elements of a story-telling static graphic.
• Distinguish between static and dynamic graphic types and when to use each.
• Recognize three core concepts for delivering information through data visualization.

Do you use the AICPA State and Local Government Audit Guide? Do you know what new content has been built into the guide over the past several years? This session will provide an overview of the content within the guide, the new content that has been developed over the last few years and how you can leverage this great content to your advantage!

Learning Objectives:

• Recognize when you can leverage the content in the AICPA SLG Audit Guide to your advantage
• Identify what content is available in the AICPA SLG Audit Guide

The risk of fraud is a serious concern and can be particularly damaging to nonprofit organizations. In this session, learn the key steps a nonprofit can take to help address the common forms of fraud occurring in nonprofits.

Learning Objectives:

• Identify fraud risk factors common in the not-for-profit sector.
• Indicate steps that organizations can take to strengthen their controls.

The HHS Provider Relief Fund is one of the more challenging COVID federal programs. In this session we'll discuss how the Provider Relief Fund is different from other COVID programs including SEFA reporting and period of performance. We'll also address audit challenges and potential testing approaches.

Learning Objectives:

• Identify challenges with the Provider Relief Fund program.
• Analyze testing approaches for single audits and for-profit GAGAS audits.

The Board issued an Exposure Draft, _Financial Reporting Model Improvements_, in June 2020. Since that time the Board has been redeliberating the proposals in light of feedback received from stakeholders. This session will provide an update of the Board's tentative decisions that have been made as a result of those deliberations.

Learning Objectives:

• Indicate the potential accounting and reporting changes that this project may require
• Identify the newly proposed short-term financial resources measurement focus

Related party transactions impact both tax form reporting and financial statement reporting for Not-for-Profit Organizations. Join us to discuss the key factors impacting reporting from both a tax and GAAP perspective and to walkthrough a number of real-world scenarios.

Learning Objectives:

• Identify and implement key related party reporting considerations from a not-for-profit tax perspective (Form 990 and related schedules).
• Analyze and implement key related party reporting considerations from a not-for-profit financial reporting and auditing perspective.

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. In this roundtable, you will hear from several single audit practitioners about the challenges they have faced over the last two years such as delayed compliance supplements, SEFA timing issues, program specific audits, provider relief funds, HEERF and much more.

Learning Objectives:

• Identify potential challenges in conducting single audits.
• Determine ways to address challenges encountered in the current single audit environment.
• Apply best practices and tips for a successful single audits.

The Professional Ethics Executive Committee (PEEC) is a senior committee of the AICPA charged with interpreting and enforcing the AICPA Code of Professional Conduct. Learn about how recent revisions to the code and pending projects could impact auditor independence in the government and not-for-profit sectors. This session will also highlight PEEC's enforcement activities and provide tips on how to avoid noncompliance.

Learning Objectives:

• Identify current and pending revisions to the AICPA’s independence standards
• Understand how to practically apply the new and revised guidance
• Recognize common mistakes in complying with ethical requirements

ASC 842 significantly changes the model for accounting for leases.  Join us for a session to discuss the standard.  We will also discuss best practices for implementation and lessons learned from nonprofit entities that have already implemented the standard.

Learning Objectives:

• Understand the new lease standard
• Obtain best practices for implementation

the goal of the single audit is to issue an opinion on compliance for a major program. in order to do so, the auditor must determine which compliance requirements must be tested. This session will provide the tools and approach needed to equip auditors to complete this essential step.

Learning Objectives:

• Identify a strategy to determine which compliance requirements must be tested to issue an opinion on compliance
• Indicate how the compliance supplement should be used to determine compliance requirements to test and defining audit tests to be completed,

Since it isn't possible to attend every session of the conference, participate in this session to hear summary-level highlights of the key points from every session in the conference!

Learning Objectives:

• Identify key learning points and observations from a wide range of conference session topics.
• Apply not-for-profit and government industry updates to help your organization achieve success.