Not-for-Profit & Government Accounting

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2020 Speakers

Hall_John
Hepler_Leah
Kaschak_John
Morgen Cheshire

A Look Back at the 2020 Agenda

Monday, July 13 

General Session CPE Credits: 4-A&A

7:45 a.m.
 
Log in to Webcast & Greetings from PICPA Leadership
8:00 a.m.
 
1-A&A
   What's Behind the Curtain for Auditors and Auditees?
  • A frank conversation among auditors, tax advisers, and clients about what goes on behind the scenes during an audit engagement
  • Strategies to keep the audit on track and avoid unnecessary delays
  • Schedules the client should prepare to strengthen the internal control and audit process
  • Complex items such as alternative investments and private equity that require extra time, effort, and cost on both sides
  • Preparing for implementation of new standards in advance to save time during the audit
  • New Government Accounting Office standards that add an additional level of review and permit more time for the audit
  • Working with the auditor to anticipate and address board concerns

Speakers

Adams_Ciro
Ciro E. Adams, CPA
Ciro E. Adams CPA LLC
Hepler_Leah
Leah S. Hepler, CPA, CGMA
Corporate Controller
ASTM International

cpamember
Andrea O. Kyzyma, CPA
Director
ASTM International
Maida_Christopher
Christopher Maida, CPA
Manager
EisnerAmper LLP
8:50 a.m.
 
1-A&A
   Documentation of Internal Controls
  • Documentation of internal controls
  • Implementation vs. effectiveness
  • Peer review checklist for internal controls

Speaker

Anzovino_Jeffrey
Jeffrey P. Anzovino, CPA, MSA
Partner
Deluzio & Company LLP
9:40 a.m.
 
Break
9:55 a.m.
 
2-A&A
   2020 Misconduct, Wrongdoing, Theft, and Fraud: Where We Are and What We Must Do
  • Macro, micro, and systemic fraud trends in not-for-profit and government organizations
  • Proven fraud risk management actions we can all bring to our organizations and clients in 2020
  • Demonstrating to managers and staff how to address fraud risks "on their watch"

Speaker

Hall_John
John J. Hall, CPA
President
Hall Consulting Inc.
11:35 a.m.
 
Lunch Break
12:25 p.m.
 
CONCURRENT SESSION #1
Audit Track
1-A&A
Enhancing Audit Quality in 2020
  • Progress of the AICPA's Enhancing Audit Quality Initiative
  • AICPA enhanced oversight findings and frequent practice issues
  • Key areas of focus in 2020
  • Practical resources and examples

Speakers

Allison Henry
Allison M. Henry, CPA, CGMA
Vice President, Professional & Technical Standards
Pennsylvania Institute of CPAs
cpamember
Robert C. Bezgin, CPA
Robert C. Bezgin, CPA
Government Track
1-A&A
   MD&A for Government Disclosures
  • GASB requirements for MD&A prepared by management
  • Auditor's responsibilities related to MD&A
  • Best practices for the completion of the MD&A
  • Review of real-life example MD&As

Speaker

Joseph Seibert, CPA
Joseph E. Seibert, CPA, CGFM
Retired Audit and Advisory Partner
KPMG LLP
Not-for-Profit Track
1-Ethics
Ethical Considerations of Charitable Registrations and Reporting Requirements
  • A primer on nationwide registration, reporting, and disclosure requirements
  • What triggers registration obligations, including the use of fundraising professionals
  • State-specific financial statement requirements for nonprofits
  • Fundraising compliance in a digital age

Speakers

Gilmer_James
James Gilmer
Compliance Specialist
Harbor Compliance
Cody_Sharon
Sharon Cody, JD
Partnership Manager
Harbor Compliance
1:15 p.m.
 
Break
1:20 p.m.
 
CONCURRENT SESSION #2
Audit Track
1-A&A
   Update on Single Audit and Schedule of Expenditures and Federal Awards
  • 2018 Yellow Book rules effective for June 30, 2020, year-end audits
  • 2020 compliance supplement
  • Potential changes to Uniform Guidance
  • Challenging areas for compliance and audit

Speaker

Edelstein_Diane
Diane E. Edelstein, CPA
Partner
Maher Duessel
Government Track
1-A&A
Adapting to the New Reality for Local Government 
  • Cash flow planning for 2020 and 2021
  • Budget planning for 2020 and 2021
  • Internal controls and fraud deterrence in a work-from-home environment

Speakers

Pam Baker photo
Pamela W. Baker, CPA, CGFM
Managing Partner
Barbacane Thornton & Company LLP
Bergvall, Cindy - 2020
Cynthia R. Bergvall, CPA, CGMA
Director, Audit & Accounting
Bee, Bergvall & Co.
Not-for-Profit Track
1-Other
Political Contributions, Lobbying, Advocacy and 501(c)(4)s
  • Difference between advocacy and lobbying
  • Definition of lobbying — both federal and state — what nonprofits can do
  • Which agencies can and cannot make political contributions
  • Which agencies can and cannot participate in elections

Speakers

Mogan, Tish
Patricia Mogan
Standards for Excellence Director
Pennsylvania Association of Nonprofit Organizations (PANO)
Kramer, Donald
Donald W. Kramer, LLB
Chair, Nonprofit Practice Group
Montgomery McCracken Walker & Rhoads LLP

 
2:10 p.m.
 
Break
2:25 p.m.
 
CONCURRENT SESSION #3
Audit Track
1-A&A
Getting the Most Out of SOC Reports
  • Understanding the entity's and auditor's responsibilities for assessing third party controls
  • Identifying the appropriateness and sufficiency of SOC reports
  • Documenting use of SOC reports in financial audits
  • Addressing special considerations for the COVID-19 environment

Speaker

Kowalczyk, Jeff
Jeffrey A. Kowalczyk, CPA, CFE, CGAP
Audit Partner
Barbacane Thornton & Company LLP
Government Track
1-A&A
   Preparing for Single Audit from the Auditee Perspective
  • What compliance requirements are, how auditees can identify them, and what auditors are required to test
  • Auditee and auditor responsibilities for internal control over compliance
  • Various reporting requirements for auditees and auditors
  • Tips for auditees to get ready for single audits

Speakers

Freidhof_Meghan
Meghan M. Freidhof, CPA
Manager
Wessel & Company
Valentine_Kathleen
Kathleen Q. Valentine, CPA
Manager
Wessel & Company
Not-For-Profit Track
1-Other
The State of Nonprofits
  • New decade, same problems: too few resources for too much work - how do we respond?
  • How to empower ourselves and push back on the thinking, wants, and demands of funders
  • Mergers, takeovers, and the consequences of the nonprofit sector beginning to look like the corporate sector

Speaker

cpamember
Laura A. Otten, PhD
Executive Director
The Nonprofit Center- La Salle University School of Business
3:15 p.m.
 
Break
3:20 p.m.
 
CONCURRENT SESSION #4
Audit Track
1-A&A
Financial Reporting Considerations in Light of COVID-19
  • How COVID-19 has affected financial statement account balances
  • Immediate and short-term operational challenges posed by COVID-19
  • Strategies an institution can employ to position itself for post-pandemic recovery 

Speaker

cpamember
Dennis J. Morrone, CPA
National Leader, Audit Services, Grant Thornton LLP
Not-for-Profit Advisory Committee Member, FASB
Government Track
1-A&A
   Internal Control and Best Practices for Government Entities

What are Internal Controls?

  • The basics
  • Five components
  • Need for strong internal controls
  • Oversight and monitoring
  • Management's role
  • The board's role
  • Small vs. large governmental entities
  • Inherent issues with separation of duties
  • Fraud and internal controls
  • Three types of fraud
  • Missed opportunities for prevention and detection controls

Speaker

cpamember
Nicholas Shearer, CPA, CGFM, CFE
Audit Manager
Hamilton & Musser PC CPAs
Not-For-Profit Track
1-Tax
Pennsylvania Credits Available to Not-for-Profits
  • Securing and using the Neighborhood Assistance Tax Credit Program (NAP) and Education Improvement Tax Credits (EITC)
  • Goals of the NAP and eligibility requirements: promote community participation and collaboration among residents, nonprofits, and businesses while assisting a distressed area or low-income population. Eligible nonprofits apply for tax credits based on pending contributions from for-profit companies.
  • How the EITC provides tax credits to eligible businesses contributing to a scholarship organizations, educational improvement organizations, and/or prekindergarten scholarship organizations

Speakers

cpamember
Aliyah Furman Stanger
Southeast Regional Director
Pennsylvania Department of Community & Economic Development
 
4:10 p.m.
 
Happy Hour
5:10 p.m.
 
See You Tomorrow

Tuesday, July 14

General Session CPE Credits: 1-Ethics; 3-Other
Single Day Fees: PICPA: $345; Nonmember: $445
Register for July 14 only

7:45 a.m.
 
Log in to Webcast
8:00 a.m.
 
1-Ethics
Avoiding Headlines, Headaches, and Other Nightmare Scenarios: A CPA's Guide to Navigating Professional Risks While Serving the Nonprofit and Government Sector

Working and volunteering for nonprofit organizations and government entities can be very fulfilling, but there is exposure for the professionals who serve them. In this session, learn how to steer clear of sticky situations and make the most of the opportunity to help the nonprofit sector.

  • Common reporting pitfalls and other missteps
  • Essentials for serving on nonprofit boards
  • Reputation-saving solutions you can put into practice

Speaker

Morgen Cheshire
Morgen Cheshire, JD
Founding Attorney
Cheshire Law Group
8:50 a.m.
 
1-Other
Cyber Security Update and Best Practices
  • Practical implications and best practices

Speaker

Sassan Hejazi
Sassan S. Hejazi, PhD
Director, Technology Solutions
Kreischer Miller
9:40 a.m.
 
Take a Breather
9:55 a.m.
 
1-Other
   Intelligent Automation: Practical Steps to Start Your Journey
  • Proving it out: how the DOR and KPMG worked together to identify robotic process automation (RPA)
  • Automation opportunity assessment: building an inventory of viable automation candidates
  • Making it real: establishing a basic governance structure for RPA demand intake, and designing and implementing the RPA infrastructure

Speakers

Kaschak_John
John Kaschak, CPA, CGMA, CISA
Deputy Secretary for Taxation
Pennsylvania Department of Revenue
Yurko_James
James Yurko, PMP
Specialist Director, Advisory
Healthcare & Government Solutions
KPMG LLP
10:45 a.m.
 
1-Other
Data Analytics with a Limited Budget
  • Vision: how we came up with the concept, what problem we were trying to solve
  • Evaluation of build vs. buy, and why we decided to do this ourselves
  • Team: who did we pull together to do this, what role did each play
  • Build: how we built what we did
  • Challenges and successes

Speakers

cryder_jennifer90x90
Jennifer Cryder, CPA
Executive Vice President & Chief Operating Officer
Pennsylvania Institute of CPAs
BernetHenry
Henry Bernet, CCNA, MCSE
Technology Manager
Pennsylvania Institute of CPAs
11:35 a.m.
 
Lunch Break
12:25 p.m.
 
CONCURRENT SESSION #5
Government Track
1-A&A
A&A Considerations for Small Associations and Entities

Speakers

DonaldPierce
Donald J. Pierce, CPA
Partner
Maillie LLP
 
Not-for-Profit Track
1-A&A
Revenue Recognition for Nonprofits: It's (Almost) Here
  • Analyzing the five steps of ASC 606 and how they relate to nonprofit revenue streams
  • Lessons learned from the first year implementing ASU 2016-14

Speaker

cpamember
Heather Taylor, CPA
Audit Director
EisnerAmper LLP
1:20 p.m.
 
CONCURRENT SESSION #6
Government Track
1-A&A
   Update on GASB Projects
  • Requirements related to fiduciary activities being implemented for the current year
  • Requirements related to reporting leases and other standards that have been issued by GASB and will be implemented in future years
  • Tentative decisions on current GASB projects, including the financial reporting model project and the revenue and expense recognition project

Speaker

Reeser_Scott
Scott Reeser, CPA
Supervising Project Manager
Governmental Accounting Standards Board
Not-for-Profit Track
1-Other
What Human Resource Leaders Wish Finance Leaders Understood
  • Critical issues such as employee vs. independent contractor
  • Exempt versus non-exempt
  • Other commonly misunderstood HR issues

Speaker

cpamember
David Wragg
Human Resources Director
COMHAR, Inc
 
2:10 p.m.
 
Break
2:25 p.m.
 
CONCURRENT SESSION #7
Government Track
1-A&A
   OMB and GAO Update

GAO

  • Key changes in Government Auditing Standards and the impact the changes may have on auditors and auditees
  • Changes to the format and structure of the standards and updates in the areas of auditor competence, internal control, and external peer review

OMB

  • What is new with the 2020 Compliance Supplement?
  • Potential changes for Uniform Guidance
  • Challenging areas non-federal entities and auditors should be watching for

Speakers

cpamember
Matt Zaun
Senior Financial Auditor
U.S. Government Accountability Office
Edelstein_Diane
Diane E. Edelstein, CPA
Partner
Maher Duessel
Not-for-Profit Track
1-Other
Mastering Not-for-Profit Financial Planning and Projections
  • Key performance metrics: financial and non-financial indicators that drive performance and build balanced reporting
  • Rolling forecasts: regularly updating key performance metric projections to improve the forecasting process and vector toward longer term objectives
  • Predictive measures and leading indicators: internal and external factors that have a direct measurable impact on your organization's performance and models that predict performance based on those factors.
  • Integrating comparative performance metrics: external and environmental factors that inform performance reporting, build context, and improve decision-making

Speaker

Michael Cade, CPA
Michael F. Cade, CPA, CGMA
Nonprofit Advisor and Executive Coach
MFCCoach LLC
3:15 p.m.
 
Break
3:20 p.m.
 
CONCURRENT SESSION #8
Government Track
1-A&A
   An Actuarial Perspective on Auditing Actuarial Reports
  • Overview of Standards from an audit and actuarial perspective
  • Differences in measurement date, valuation date, and reporting Date
  • Underlying actuarial assumptions required for calculations

Speakers

Porter, Scott
Scott F. Porter, FSA, EA, MAAA
Principal, Consulting Actuary
Milliman
Nugent, Tim
Timothy J. Nugent, FSA, EA, MAAA
Consulting Actuary
Milliman
Not-for-Profit Track
1-A&A
   Internal Controls and Best Practices for Not-for-Profits
  • What is Internal control?
  • The Basics
  • Five components
  • Need for strong internal controls
  • Oversight and monitoring
  • Management's role
  • The board's role
  • Inherent issues with separation of duties
  • Fraud and internal controls
  • Three types of fraud
  • Missed opportunities for prevention and detection controls

Speaker

Krimmel_James
James A. Krimmel, CPA, CFE, CFF
Shareholder
Hamilton & Musser PC CPAs
4:10 p.m.
 
See You Next Year

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