Not-For-Profit & Government Accounting

conference

CPE Credits: 16

July 25-26, 2022
7:45 a.m.-4:00 p.m.

Hershey Lodge or Webcast


Whether you are driving a nonprofit to success or making sure a governmental entity is taking meticulous care of public funds, you need to stay up to date on a wide array of accounting topics. Join PICPA members and accounting professionals for this two-day in-person or virtual conference for timely updates that will help with your daily work and set up your organization or entity for future growth.

Choose from one of three tracks – Federal Awards, Government, and Nonprofit – and register for both days or just one.

Sessions Featured:

  • Impact of Staffing Issues on Accounting Industry
  • GASB Update
  • The State of Not-for-Profits
  • Compliance Audit Update
  • Fraud and Ethics with FBI Representative
  • Acing (Examining) the Auditor Selection Process
  • Audit Standard Changes – Standards 134-140
  • Panel: Emerging and Continuing Government Accounting Issues

Register for single day:
July 25 Only:
In-Person | Webcast 
July 26 Only: In-Person | Webcast 



Sign Up for Conference Announcements

Thanks to our 2022 sponsor Gallagher_Affinity_3D_stacked yptc

Coffee stations sponsored by  KM_logo_grn (2)


Sponsor this conference! View packages >


Featured Speaker

Elisabeth Felten, CPA
Elisabeth Felten, CPA
Assistant Professor of Business
DeSales University

During the Future of Accounting session, Elisabeth Felten, CPA, will highlight and discuss the following:

  • The Gen Z effect
  • The higher education enrollment cliff
  • The impact of women
  • The new work-from-home world
  • Data analytics and AI


July 25, 2022

7:15 a.m.
Breakfast and Check-in

7:45 a.m.
Greetings from PICPA Leadership

8:00 a.m.

Future of Accounting 1-Other

  • The Gen Z effect
  • The higher education enrollment cliff
  • The impact of women
  • The new work-from-home world
  • Data analytics and artificial intelligence
Elisabeth Felten, CPA

Elisabeth Felten, CPA
Assistant Professor
DeSales University


8:50 a.m.

Impact of Staffing Issues on the Accounting Industry1-Other

  • How employee supply and demand has been impacted by the global pandemic
  • How changes in the profession have impacted staffing concerns
  • How firms can position to better attract and retain talent going forward
  • How firms must embrace change to perpetuate their talent into the future
Garner, Amanda

Amanda Garner
Partner
The Growth Partnership

McCormick, Jim

Jim McCormick
Manager, PA Market
Your Part-Time Controller LLC.


9:40 a.m.
Break

9:55 a.m.

Cyberthreats – What to Do When They Happen to You 1-Other

  • Build awareness of today's most common cybersecurity breaches and hacks
  • Discuss procedures you should take and have in place when responding to cyberattacks
  • Explore how your organization can create its own cybersecurity incident response plan
Courey,Marc

Marc W. Courey, CPA, CFF, JD, LLM, CFE, CICA, CCEP, CIA
Director of Forensic & Litigation Services
Wipfli


10:45 a.m.

Internal Controls 1-A&A

  • Segregation of duties and the related importance
  • How to install internal controls in a volunteer environment
  • What a breakdown in internal controls means to a nonprofit
  • The importance of internal controls in the grant process
  • The impact of internal control on government contracts
Hartzell, Jeremy

Jeremy Hartzell, JD
Principal
HBK CPAs and Consultants


11:35 a.m.

Lunch

12:25 p.m.
CONCURRENT SESSION No. 1
Federal Awards Track

First Single Audit: For Financial Manager and CFOs – How to Put Your Best Foot Forward 1-A&A

  • Schedule of expenditures of federal awards – What goes on, what stays off?
  • Can I predict which programs my auditor will select for testing?
  • The 12 compliance requirements of a single audit
Sneeringer, Tom

Thomas J. Sneeringer
Partner, Audit Services
RSM US LLP

Government Track

GASB Update (SME) 1-A&A

  • Learn about the latest GASB pronouncements, including Statement No. 87, Leases
  • Gain an understanding of how to prepare for forthcoming changes
  • Gain an understanding of how forthcoming changes may affect your clients
Reeser_Scott

Scott Reeser, CPA
Supervising Project Manager
Governmental Accounting Standards Board (GASB)

Nonprofit Track

State of the Nonprofit Union Part 1 1-Other

  • Long COVID’s impact on charities – mergers, affiliations, and funding opportunities
  • The alphabet soup of impact investing– MRIs, PRIs, and ESG
  • IRS guidance on tax-exempt LLCs, the “commerciality doctrine,” and Fumo v. Commissioner
  • Fundraising platform pitfalls
  • Predictions!
LauraSolomon_120x120

Laura Solomon, Esq.
Founder
Laura Solomon and Associates

1:15 p.m.
Break
1:20 p.m.
CONCURRENT SESSION No. 2
Federal Awards Track

Uniform Guidance 1-A&A

  • Core concepts of the single audit
  • Schedule of Expenditures of Federal Awards (SEFA)
  • Major program determination
  • Testing
Evans, Kyle

Kyle R. Evans, CPA
Manager
Boyer & Ritter LLC

Government Track

Financial Reporting Model/Framework 1-A&A

  • Basic understanding of the preparation of governmental financial statements
  • Measurement focus and basis of accounting for various governmental funds
  • Conversion of fund statements to governmentwide statements
  • Fund balance reporting
  • Identifying major and nonmajor funds
  • Brief overview of current project to reexamine the financial reporting model
Pierce, Don

Donald J. Pierce, CPA
Partner
Maillie LLP

Nonprofit Track

State of the Nonprofit Union Part 2 1-Other

LauraSolomon_120x120

Laura Solomon, Esq.
Founder
Laura Solomon and Associates

2:10 p.m. 
Break
2:25 p.m. 
CONCURRENT SESSION No. 3
Government Track

GASB Lease and Capital Assets Accounting 1-A&A

  • Explore the rules and provisions GASB Statement No. 87, Leases
  • Discuss the similarities and differences between lease and capital asset recognition rules
  • Identify best practices for tracking and maintaining capital assets and leases
Kowalczyk_Jeffrey

Jeffrey A. Kowalczyk, CPA, CFE, CGAP
Partner
Barbacane, Thornton & Company LLP

Nonprofit Track

FASB Update Part 1 1-A&A

  • Discuss developments in U.S. GAAP impacting not-for-profits
  • Focus on the FASB’s ASU 2020-07 standard on the reporting of gifts-in-kind (contributed nonfinancial assets), effective for fiscal year 2022
  • Implementation matters on grants and contracts (especially COVID-19-related government assistance), leases, credit losses, and other recent standards; FASB projects-in-process (e.g., goodwill)
  • FASB’s future agenda, including feedback on the invitation to comment issued in June 2021
Gabello, Jeff

Jeff Gabello
Supervising Project Manager
Financial Accounting Standards Board

3:15 p.m. 
Break
3:20 p.m. 
CONCURRENT SESSION No. 4
Federal Awards Track

Safeguards for Achieving Compliance 1-A&A

  • Ensuring compliance with laws, regulations, contracts, and grants
  • Incorporating internal controls into your compliance plan
  • Examples of steps to achieve success in the area of compliance
Amy-Lewis
Amy C. Lewis, CPA
Partner
MaherDuessel
Government Track

Government Financial Managers 1-Other

  • Audit Prep – “the other side”
  • Current Trends in Municipal Government
  • The need for long-term planning
DiRocco, Joe

Joe DiRocco, CPA, CGMA
Assistant Township Manager
Tredyffrin Township

Nonprofit Track

FASB Update Part 2 1-A&A

Gabello, Jeff

Jeff Gabello
Supervising Project Manager
Financial Accounting Standards Board

4:10 p.m. 

Happy Hour


5:10 p.m. 

See You Tomorrow

July 26, 2022


7:15 a.m. 

Breakfast and Check-in


7:45 a.m. 

Day 2 of Conference Opens


8:00 a.m. 

Fraud 1-Other

  • A look at a specific case study that will focus on how the fraud started
  • A dive into how the fraud endured for so long
  • How the fraud was uncovered
cpamember

George Frank
Special Agent
FBI

cpamember

Special Agent
FBI


8:50 a.m. 

Ethics 1-Ethics

  • This session will build off the previous fraud-focused case study
  • How an ethical dilemma allowed this fraud to start
  • How unethical behavior allowed the fraud to continue
cpamember

George Frank
Special Agent
FBI


9:40 a.m. 
Break

9:55 a.m. 

Peer Review 1-A&A

  • AICPA vs. Yellow Book Independence Standards
  • Risk Assessment – Are you going to pass your peer review? Nonconforming engagements
  • Reporting, presentation, and disclosure – What are the most common deficiencies found in not-for-profit and local-government engagements?
Bezgin, Bob

Robert C. Bezgin, CPA
Sole Practitioner


10:45 a.m. 

The Impact of New Auditor Reporting Standards – SAS Nos. 134-1401-A&A

  • Significant changes to the standard auditor’s report
  • Consideration of the presentation of key audit matters (KAMs)
  • Other information included in annual reports
Glynn, Mike

Mike Glynn, CPA, CGMA
Senior Manager Audit & Attest Standards
AICPA


11:35 a.m. 

Lunch Break

12:25 p.m. 
CONCURRENT SESSION No. 5
Government Track

Emerging and Continuing Government Accounting Issues Panel Part 1 1-A&A

  • Accounting standards and related practical considerations
  • Staff and client management
  • Audit hot topics
Gardner, Krista

Krista Gardner, CPA
Member of the Firm
SEK CPAs and Advisors

Bergvall, Cindy

Cynthia R. Bergvall, CPA
Director – Audit, Accounting & Consulting
Bee Bergvall & Co.

Baker, Pam

Pam Baker, CPA
Managing Partner
Barbacane, Thornton & Company LLP 

Nonprofit Track

New Quality Management Standards 1-A&A

  • Analyze the new requirements of the quality management standards
  • Applying the new, proactive, risk-based approach to quality management systems within firms
  • Scaling the standards to tailor your system to the nature and circumstances of your firm and its engagements
Glynn, Mike

Mike Glynn, CPA, CGMA
Senior Manager Audit & Attest Standards
AICPA

1:15 p.m. 
Room Change Break
1:20 p.m. 

CONCURRENT SESSION No. 6

Government Track

Emerging and Continuing Government Accounting Issues Panel Part 2 1-A&A

Gardner, Krista

Krista Gardner, CPA
Member of the Firm
SEK CPAs and Advisors

Bergvall, Cindy

Cynthia R. Bergvall, CPA
Director – Audit, Accounting & Consulting
Bee Bergvall & Co.

Baker, Pam

Pam Baker, CPA
Managing Partner
Barbacane, Thornton & Company LLP 

Nonprofit Track

IRS Exempt Organizations Division Is a Plane without a Pilot: EO Passengers Are in Jeopardy, and This Session Is Your Parachute! 1-Tax

  • The IRS Exempt Organizations Division: erroneous notices, corruptions in its roster of exempt organizations, and insufficient staffing
  • Compliance checks and field exams are continuing
  • Common potholes in 990 preparation
Borenstein,Eve

Eve Borenstein, JD
Counsel
Harmon Curran

2:10 p.m. 
Break
2:25 p.m. 
CONCURRENT SESSION No. 7
Government Track

Government-Specific Cybersecurity/IT Best Practices 1-Other

  • A look at what current governments and related entities face in the form of cyberthreats
  • A discussion of current case studies, examples, and the related impacts
  • A focus on simple and cost-effective means to address the risks governments face
JamesKreiser

Jim Kreiser
Principal – IT and Business Risk Services
State and Local Government
CLA (CliftonLarsonAllen LLP)

Nonprofit Track

Essential Tools to Find and Avoid “Advanced 990” Potholes 1-Tax

  • How does a preparer know if the filer has no related organizations?
  • Working with key personnel on identifying the following:
    • The need to disclose compensation paid to them by related organizations on Part VII-A
    • Schedule L reportable transactions
    • Changed and/or new programs (avoiding “mission creep” and/or UBIT surprises)
  • Signs that a 501(c)(3) exempt organization is not maintaining accurate public support test data
Borenstein,Eve

Eve Borenstein, JD
Counsel
Harmon Curran

3:15 p.m. 
Break
3:20 p.m. 
CONCURRENT SESSION No. 8
Government Track

Requirements and Best Practices of Government MD&A 1-A&A

  • Understand the authoritative guidance for management’s discussion and analysis
  • Discuss best practices for MD&A with practical examples for various types of governmental organizations
  • Highlight the status of the GASB Financial Reporting Model Reexamination project and potential changes to the MD&A
Jeff Kowalczyk

Jeffrey A. Kowalczyk, CPA, CFE, CGAP
Partner
Barbacane, Thornton & Company LLP

Nonprofit Track

Now You’ve Been Appointed, What’s Next as an NPO Board Member? 1-Other

  • Be a better board member!
  • Discuss nonprofit board member fiduciary responsibilities
  • NPO board member best practices
  • Real-life examples of positive and not-so-positive outcomes
Krisher,Betsy

Elizabeth E. Krisher, CPA, CGFM
Chair/CEO
Maher Duessel

4:10 p.m. 

See You Next Year

“I always appreciate the updates, particularly on GAAP, GAGAS, and OMB. I also like the combination of NFP and government. I think it has offered new relevant topics to the combined group.”

John Kaschak, CPA, CGMA, CISA
Pennsylvania Department of Revenue


Registration

Full Conference
In-Person (767503)
Webcast (767500)
Monday
In-Person (767501)
Webcast (767504)
Tuesday
In-Person (767502)
Webcast (767505)
PICPA Member
$579
$345
$345
Nonmember
$679
$445
$445
ClassPass
16 hours
8 hours
8 hours
CLE Credit
$100
$50
$50

CLE Credits and Fees: This conference has been submitted for 13 Substantive CLE credits. Attorneys requesting CLE credits must include an additional $100.

ClassPass      flexAccount200x75

Use your ClassPass, ClassPass Mini, or Flex Account to register. Find more information about PICPA discounts.

Is more than one person from your firm attending? Discounts are available.

Credits

CPE Credits: 16

General Session Credits: 3-A&A, 1-Ethics, 4-Other

Level: Update
Prerequisites: None

CLE Credits: This conference has been submitted for 13-Substantive CLE credits. Attorneys requesting CLE credits must include an additional $100.

Yellow Book credit assignments are provided as recommendations only. Pursuant to GAO guidance on Yellow Book credits, “Determining what subjects are appropriate for individual auditors to satisfy both the 80-hour and the 24-hour requirements is a matter of professional judgment to be exercised by auditors in consultation with appropriate officials within their audit organizations. … Auditors and their supervisors should actively participate in selecting appropriate CPE subjects, but the audit organization is ultimately responsible for determining whether a subject or topic qualifies as acceptable for its auditors.”

Location

Hershey Lodge & Convention Center
325 University Drive
Hershey, PA 17033
(717) 533-3311

Staying Over at Hershey Lodge?
Click here to book your room Or call: (855) 729-3108