Sessions For October 30

30

Wednesday
7:30AM-8:20AM

GOV1940. CAFR Goofs

Instructor: Tony Boras, Angie Dunlap
Track: SLG
Knowledge Level: Intermediate
Field of Study: Accounting (Governmental)
CPE Credits: 1.0

This session will focus on certain misunderstood and perhaps overlooked elements of the GASB reporting requirements. Learn about some of the nuances of the GASB standards and take away some tips for better CAFR preparation!

Learning Objectives:
1. Identify the most common errors found in SLG financial statements.
2. Analyze the root causes of errors.
3. Determine how to avoid pitfalls.

30

Wednesday
7:30AM-8:20AM

GOV1941. A Guide to Understanding and Implementing FASB's Leases Standard

Instructor: Jeff Mechanick, Amish Mehta
Track: NFP
Knowledge Level: Intermediate
Field of Study: Accounting, Accounting (Governmental)
CPE Credits: 1.0

30

Wednesday
7:30AM-8:20AM

GOV1942. How to Navigate Cryptocurrency & Blockchain

Instructor: Jay Schulman
Track: Intersection
Knowledge Level: Basic
Field of Study: Information Technology
CPE Credits: 1.0

This session will provide a background on cryptocurrency and blockchain, how they are different and what the common use cases are for the technology. Additionally, you'll learn the steps a non-profit will have to go through to accept a bitcoin donation as well as long term security of cryptocurrency.

Learning Objectives:
1. Identify the key concepts of blockchain and cryptocurrency.
2. Differentiate between different blockchain use cases.
3. Apply controls to accept and protect cryptocurrency in the non-profit space.

30

Wednesday
7:30AM-8:20AM

GOV1943. Tips for Planning to Achieve an Efficient Single Audit (Repeated in Session 55)

Instructor: Kim McCormick
Track: Single Audit
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.0

We all strive for effective Single Audits. Join us to discuss how effective and efficient Single Audits can go hand in hand.

Learning Objectives:
1. Apply lessons learned from last year's audit.
2. Understand how to optimize engagement team structure.
3. Anticipate changes in regulations in planning.

8:20AM-8:30AM

30

Wednesday
8:30AM-10:10AM

GOV1944. What is Happening with the Financial Reporting Model?

Instructor: Lisa Parker, Frank Crawford
Track: SLG
Knowledge Level: Intermediate
Field of Study: Accounting (Governmental)
CPE Credits: 2.0

30

Wednesday
8:30AM-10:10AM

GOV1945. Implementations of ASU 2018-08 Accounting for Grants & Contracts (Repeat of Session 33)

Instructor: Pete Ugo, Kelly Frank
Track: NFP
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing
CPE Credits: 2.0

This session will help attendees prepare for upcoming changes, with a deep dive into ASU 2018-08. It will provide a detailed walkthrough of categorizing grants/contacts as either exchange transactions (contracts with customers under 606) or contributions (non-exchange transactions), as well as then determining when a contribution transaction is conditional or unconditional. The session will also include several examples and implementation guidance for organizations to prepare for and manage the impacts to their financial statements.

Learning Objectives:
1. Describe new standards’ requirements and determine applicability to financial reporting.
2. Implement the guidance in your organization, including the finance team and departments that solicit various forms of revenue.
3. Prepare for the impact to internal policies and communication with financial statement users.

30

Wednesday
8:30AM-10:10AM

GOV1946. Cybersecurity Fraud Impacting Not-for-Profits & SLGs

Instructor: Tim Bryan, Jennifer Mistretta
Track: Intersection
Knowledge Level: Basic
Field of Study: Auditing, Information Technology
CPE Credits: 2.0

30

Wednesday
8:30AM-10:10AM

GOV1947. Complex Single Audit Issues

Instructor: Flo Ostrum, Rachel Flanders
Track: Single Audit
Knowledge Level: Advanced
Field of Study: Auditing (Governmental)
CPE Credits: 2.0

There are often challenging issues in the performing of a single audit. These can be complex, infrequent, and/or subject to increased auditor judgment. This session will identify these issues and discuss strategies for addressing them.

Learning Obectives:
1. Assess high risk areas of the single audit and how to address.
2. Evaluate best practices to avoid de?ciencies in a single audit.

10:10AM-10:30AM

28

Monday
10:30AM-12:10PM

GOV1948. Who's in Your Reporting Entity? Considerations (and Errors) in Defining

Instructor: Flo Ostrum, Scott Reeser
Track: SLG
Knowledge Level: Basic
Field of Study: Auditing (Governmental), Accounting (Governmental)
CPE Credits: 2.0

The standards around the accounting for the reporting entity has evolved over the years. This session will address this evolution as well as the impact these standards will have on the implementation of GASB standards that will be effective in the near term.

Learning Objectives:
1. Identify component units.
2. Distinguish appropriate presentation of component units.
3. Recognize common pitfalls.

30

Wednesday
10:30AM-12:10PM

GOV1949. Key Strategies to Avoid the Ire of the IRS

Instructor: Dave Moja, Brian Yacker
Track: NFP
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 2.0

This session will focus on providing attendees with key strategies and guiadance to put themselves in the best position of avoiding an IRS examination of their Form 990.

Learning Objectives:
1. Learn about the IRS's continued usage of a data-driven analysis to determine which nonprofits they wish to examine.
2. Discuss some of the more common Form 990 'red flags'.
3. Learn how to manage an IRS exam of a nonprofit.

30

Wednesday
10:30AM-12:10PM

GOV1950. Data Analytics - What is that?

Instructor: Kevin Smith
Track: Intersection
Knowledge Level: Basic
Field of Study: None
CPE Credits: 2.0

30

Wednesday
10:30AM-12:10PM

GOV1951. Single Audit Speed Round

Instructor: Amanda Ward, Michelle Watterworth
Track: Single Audit
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 2.0

Come test your knowledge of all things single audit with a session entirely in Q&A format, and you'll learn while having fun!

Learning Objectives:
1. Apply the knowledge gained throughout the conference in various areas of a single audit.
2. Determine lessons learned to example scenarios and determine the appropriate course of action.

12:10PM-12:20PM

30

Wednesday
12:20PM-1:10PM

GOV1952. GASB Implementation Guides - What good are they?

Instructor: Scott Reeser, Angie Dunlap
Track: SLG
Knowledge Level: Intermediate
Field of Study: Accounting (Governmental)
CPE Credits: 1.0

GASB implementation guidance takes several forms--from stand-alone implementation guides and the annual implementation guide updates. This session will cover major topics addressed in the GASB’s Comprehensive Implementation Guide, and in recently issued implementation guidance in stand-alone implementation guides for fiduciary activities and leases.

Learning Objectives:
1. Review the structure of the Comprehensive Implementation Guide and its place in the GAAP hierarchy.
2. Review topics are addressed in the Comprehensive Implementation Guide.
3. Identify major topics addressed in recently issued stand-alone implementation guides on pensions, other postemployment benefits, fiduciary activities, and leases.

30

Wednesday
12:20PM-1:10PM

GOV1953. Key Policies and Procedures to Promote Good Governance

Instructor: Candi Avery, Candice Meth
Track: NFP
Knowledge Level: Basic
Field of Study: Business Management & Organization, Specialized Knowledge
CPE Credits: 1.0

Written policies and procedures are a hallmark of a well-governed organization. In this session we will cover key policies such as conflict of interest, gift acceptance, whistleblower, record retention, and executive compensation that all not-for-profits should have to minimize exposure to risk and abuse, while promoting good governance.

Learning Objectives:
1. Identify core policies all not-for-profits should adopt.
2. Recognize the steps to creating a rebuttable presumption with respect to compensation setting.
3. Indicate talking points to share with governing boards regarding the importance and relevance of such policies.

30

Wednesday
12:20PM-1:10PM

GOV1954. Secrets to Marketing Yourself

Instructor: Liz Rock
Track: Intersection
Knowledge Level: Basic
Field of Study: Communications & Marketing
CPE Credits: 1.0

According to studies, the average consumer is exposed to up to 10,000 brand messages a day. As more information is entering the firehose of the digital world, it leads people to wonder – how do you break through the noise? Join us and learn the secrets to becoming more human and reaching your audience with the right message at the right time.

Learning objectives:
1. Go back to the basics of communications and become more human to articulate your targeted messages to your potential customers/clients.
2. Learn tips and tactics on how to utilize social media and digital communication to reach your audience where they’re consuming content.
3. Develop an understanding of strategy and processes to lead your marketing and communication efforts.

30

Wednesday
12:20PM-1:10PM

GOV1955. Tips for Planning to Achieve an Efficient Single Audit (Repeat of Session 43)

Instructor: Kim McCormick
Track: Single Audit
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.0

We all strive for effective Single Audits. Join us to discuss how effective and efficient Single Audits can go hand in hand.

Learning Objectives:
1. Apply lessons learned from last year's audit.
2. Understand how to optimize engagement team structure.
3. Anticipate changes in regulations in planning.