Webinars: A&A and UFR Updates for Nonprofit Financial Executives

AAFCPAs is pleased to present our Nonprofit Accounting & Auditing Update, and our Uniform Financial Statements and Independent Auditor’s Report (UFR) Update. These are intensive, 1-hour professional development webinars, which will review sweeping changes affecting the financial reporting requirements of sophisticated nonprofit organizations.

Nonprofit Accounting & Auditing Update

Tuesday, August 18, 2015, 12:00 – 1:00 EST (Now Available On-Demand)

AAF Partners, Matt Hutt, CPA, CGMA, and Robin Kelley, CPA, CITP, CGMA, CSPM will provide nonprofit finance executives with an essential overview of important changes from the new OMB “Uniform Guidance” which may impact your organization’s accounting policies.
Robin and Matt will clarify and review the Uniform Guidance (previously referred to as the “Supercircular”) and provide attendees with an understanding of the key changes in federal grants, from pre-award through audit requirements, such as:

• Administrative requirements
  • Conflict of interest
  • Pre-federal award requirements
  • Post-federal award requirements
• Cost principles
  • Direct and indirect costs
  • Significant changes to selected items of costs
• Audit requirements
  • Change in audit threshold
  • Changes in audit requirements

As you can see, this is an ambitious agenda, and this 1-hour webinar will be packed with information, providing key knowledge and insight to help you navigate the complex accounting and financial reporting issues for nonprofit organizations.

AAFCPAs’ Nonprofit UFR Update

Tuesday, August 25, 2015, 12:00 – 1:00 EST (Now Available On-Demand)

The Operational Services Division (OSD) just released its FY 2015 version of the UFR Audit & Preparation Manual, Compliance Supplement and FY 2015 Excel UFR Template (July). AAF Partners, Robin Kelley, CPA, CITP, CGMA, CSPM and Matt Hutt, CPA, CGMA will provide nonprofit finance executives with a timely and essential overview of:

• Changes to the UFR template and instructions, and new reporting requirements, plus
• The potential impact to your recordkeeping requirements.

This 1-hour webinar will be packed with information, providing key knowledge and insight to ensure our clients are, and remain in compliance with the constantly evolving Uniform Financial Report regulations. This eliminates the risk of penalties including delay of payment or rate increases, and disallowance of expenses.

AAFCPAs provides live and OnDemand webinars for busy executives so you may benefit from our knowledge & insights whenever and wherever you may need it. Clients and friends of AAFCPAs are welcome to sign up (complimentary) for these timely professional development webinars. Please feel free to spread the word.