Not-for-Profit Accounting and Auditing: Fall 2019 Update

Start time:
October 24, 2019 10:00 AM PST
Duration:
1 hour
Location:
Online
Contact:
Kendall Simich, Moss Adams, 503-471-1272
Cost to attend:
Complimentary

Join us for a webcast covering the most critical developments in auditing and accounting standards that impact not-for-profit organizations, including the following:

  • Updates from the Financial Accounting Standards Board
  • A look back at lessons learned from the implementation of Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities—including examples of disclosures that have proven more challenging than first anticipated
  • In-depth examinations of ASU 2016-08, Revenue from Contracts with Customers (Topic 606), and ASU 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made—including their impact on not-for-profit organizations, both in general and within specific sectors
Register

Speakers

Scott Simpson, Partner, Moss Adams

Scott has been in public accounting since 1997, including four years at a Big Four firm. His focus is on audits of higher education institutions, research institutes, utility and insurance companies, not-for-profit organizations, and governmental entities. Scott has performed audits in accordance with OMB Circular A-133 as well as program audits as required by the Department of Education. He has prepared financial statements under GASB, FASB, and Statutory Basis Accounting. He has vast experience assessing, observing, and testing internal control environments and compliance with laws, regulations, and grant requirements. In addition to serving his clients, Scott has taught sessions at trainings related to higher education and is involved in the firm’s college recruiting program and other training programs. He previously served as partner in charge of the firm’s Eugene, Oregon, office and has held various technical leadership roles within the firm.

Matt Parsons, Senior Manager, Moss Adams

Matt has over 14 years of public accounting experience and specializes in serving various sectors within the not-for-profit industry. His clients include public and private foundations, community foundations, higher education institutions, associations, and health care organizations. Matt’s experience includes preparation of financial statements, internal control examinations, and conducting audits in accordance with GAS and OMB Uniform Guidance for Federal Awards. Matt participates as a technical reviewer with our professional practice group that reviews audit reports in a manner similar to federal desk reviewers to ensure accuracy of the reporting in accordance with the most recent standards. Matt has written a number of articles regarding matters affecting not-for-profits and has led webinars on similar topics.

Registration Form

 

CPE Information

Program Level:
Overview
Credits:
Accounting: 1
Delivery Method:
Webcast
Learning Objectives:

After completing this training, participants will be able to describe recent and new accounting guidance affecting not-for-profit organizations; assess how emerging issues may impact their organization; describe new audit standards impacting not-for-profit organizations; and report on the status of Financial Accounting Standards Board activities.

Prerequisites:
None
Target Audience:
Audit Committee Members; CEOs and other C-level Executives; Chairpersons; Controllers; Directors; Managers; Presidents/VPs
Refund Policy:

For more information about administrative policies regarding CPE, refunds or complaints, please contact Kendall Simich at 503-471-1272 or send her an email.

Moss Adams is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Applicable Industries