Pre-Conference Group Meetings & Roundtables: Monday, May 6
9:00 am – 12:00 pm (PT)
Accounting & Auditing
Assurance Practice Forum
This gathering of accounting and auditing professionals from Alliance firms, including BDO Assurance principals, will allow for ample discussion of challenges, best practices and innovative ideas in leading efficient audit practices. Your fellow Alliance firms will drive the content and topics to be discussed and will help facilitate the meeting.
Day 2: Tuesday, May 7
9:20 am – 10:20 am (PT)
Accounting & Auditing
Yellow Book Update and Practice Issues
BDO USA, P.C.
BDO’s nonprofit leaders will cover recent updates made by the Government Accountability Office to Generally Accepted Government Auditing Standards (GAGAS), as well as best practices to ensuring compliance with GAGAS requirements.
9:20 am – 10:20 am (PT)
Accounting & Auditing
Digital Assets - FASB's New Rule and Evolving Audit Considerations
BDO USA, P.C.
This session will cover finalized guidance from the FASB on digital assets, as well as auditing considerations and best practices.
10:40 am – 11:40 am (PT)
Accounting & Auditing
Employee Benefit Plan Update
BDO USA, P.C.
This session will discuss developments in Employee Benefit Plans, including recent DOL activity, quality control findings, and recent standards setting activity.
10:40 am – 11:40 am (PT)
Accounting & Auditing
Independence Update and Practice Issues
BDO USA, P.C.
This session will discuss developments and reminders in the areas of ethics and independence.
1:00 pm – 2:00 pm (PT)
Accounting & Auditing
GASB Update and Practice Issues
BDO USA, P.C.
BDO’s governmental practice leaders will lead a discussion on the latest changes issued by the Governmental Accounting Standards Board (GASB) and the status of current projects being deliberated, including several recently issued GASB Statements.
1:00 pm – 2:00 pm (PT)
Accounting & Auditing
Setting Up and Managing a Peer Review Practice
Alliance Panel – facilitated by Jim Hayden, BDO Alliance USA
Evolving requirements, firm consolidation and retiring practitioners have transformed the peer review market. In this session, a panel of BDO Alliance USA practitioners will share best practices for setting up and managing a peer review practice.
2:20 pm – 3:20 pm (PT)
Accounting & Auditing
Practical Approach for Implementing the AICPA Quality Management Standards
BDO USA, P.C. and Alliance Panel
With the adoption of the AICPA's quality management standards approaching, firms are beginning to explore the requirements, including the new risk assessment requirement. Join a panel of speakers from a diversity of practice sizes to hear how they have been addressing the new challenges, including practical examples of issues they have addressed in their adoption.
2:20 pm – 3:20 pm (PT)
Accounting & Auditing
Lease Accounting - Considerations for Day 2 and Beyond
BDO USA, P.C.
With the adoption of ASC 842 in the rearview mirror for private companies, the focus turns to "Day 2" and ongoing considerations. This session will cover subsequent measurement and other practice matters.
3:40 pm – 4:40 pm (PT)
Accounting & Auditing
Single Audit Update
BDO USA, P.C.
BDO’s nonprofit leaders will discuss lessons learned and practice issues related to Yellow Book engagements and Single Audits, including any current developments and implications of recent legislation on Single Audit requirements.
3:40 pm – 4:40 pm (PT)
Accounting & Auditing
The Importance of IT to an Audit
BDO USA, P.C.
Targeting general assurance practitioners, this session will cover the impact of a client's information technology throughout the audit and related practice issues. It will also cover consideration of Information Produced by the Entity (IPE) and the impact of transactions processed at service organizations.
Day 3: Wednesday, May 8
8:00 am – 9:00 am (PT)
Accounting & Auditing
Corporate Governance - Are You Prepared to Engage Boards on Emerging Risks and Opportunities?
BDO USA, P.C.
Board of directors and those charged with governance - whether overseeing public companies or private companies - continue to play a more active oversight role as their companies navigate significant risks and opportunities across a broad spectrum. Learn more about the topics impacting your client board members (cyber, climate, generative AI, human capital management, macroeconomics and many more) and increase the value you can bring to the leadership teams and those in the boardroom.
8:00 am – 9:00 am (PT)
Accounting & Auditing
SSARS Update
Jason Carney, Surgent (BRN Firm)
This session will discuss developments in preparation, compilation and review services, including practice issues and peer review trends.
8:00 am – 9:00 am (PT)
Accounting & Auditing
Technical Accounting Advisory Services - Hot Technical Topics in the Marketplace
BDO USA, P.C.
As accounting and reporting topics become more complex, organizations will occasionally need to engage third party experts to assist with compliance. This session will cover current topics in the marketplace for technical accounting advisory services, as well as BDO’s outlook for additional topics on the horizon.
9:20 am – 10:20 am (PT)
Accounting & Auditing
SEC Hot Topics and Current Events
BDO USA, P.C.
This session will cover recent final and proposed rulemaking from the SEC, as well as various SEC practice reminders.
9:20 am – 10:20 am (PT)
Accounting & Auditing | Advisory
The Role of the Board in Pursuing Organizational Financial Resilience
BDO USA, P.C.
To ensure the long-term sustainability of the nonprofits they serve, board members must play an active role in setting the strategic financial direction and promoting a culture of resilience. In this session, we will explore the practices, resources and values characteristic of financially resilient nonprofits with a focus on how to educate and advise board members seeking to strengthen their skill set in fiduciary oversight. We will emphasize the importance of maintaining a sustainable business model and sufficient capital for change and security, as well as explore the role the board plays in ensuring effective financial planning, monitoring, and operational practices are in place.