Monday, May 1: Forums & Roundtables
9:00 am – 12:00 pm (PT)
Accounting & Auditing
Assurance Practice Forum
This gathering of A&A professionals from Alliance firms, including BDO Assurance partners, 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.
Tuesday, May 2
8:00 am – 9:00 am (PT)
Accounting & Auditing
Employee Benefit Plan Update
BDO USA, LLP
This session will discuss developments in Employee Benefit Plans, including recent DOL activity, quality control findings, and recent standards setting activity.
8:00 am – 9:00 am (PT)
Accounting & Auditing
Yellow Book Update and Practice Issues
BDO USA, LLP
In this session, 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.
9:15 am – 10:30 am (PT)
Accounting & Auditing
The Next Wave of Accounting and SEC Reporting Issues
BDO USA, LLP
Smooth sailing after the adoption of ASC 606 and ASC 842? In this session, BDO's National Accounting and SEC leaders will cover the next wave of accounting and SEC reporting issues and practice matters.
10:45 am – 12:00 pm (PT)
Accounting & Auditing
Getting Ready for SAS 145
BDO USA, LLP
Revised risk assessment guidance will require auditors to apply new concepts for calendar year 2023 audits. Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, has brought a number of changes to enhance clarity and audit effectiveness. BDO's Professional Practice Group will discuss the new requirements and provide keys to successfully implementing the new standard.
10:45 am – 12:00 pm (PT)
Accounting & Auditing
How TPA Services and Solutions Are Evolving
BDO USA, LLP
BDO's Third Party Attestation professionals will cover the evolving nature of performing SOC/TPA services, clients' evolving compliance challenges, and the profession's response to these changes.
1:30 pm – 2:30 pm (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.
1:30 pm – 2:30 pm (PT)
Accounting & Auditing
Independence Update and Practice Issues
BDO USA, LLP
This session will discuss developments and reminders in the areas of ethics and independence.
1:30 pm – 2:30 pm (PT)
Accounting & Auditing
Key Considerations in Attesting to ESG-related Non-Financial Information
BDO USA, LLP
Given ESG reporting and attestation requirements expected for companies doing business in the EU and similarly for public companies pursuant to pending SEC rules and regulations, and the pressures on both private and public companies in the U.S., corporate requests for attestation services related to climate and other ESG disclosures are expected to rise significantly over the ensuing 24 months. Ensuring that we, as auditors, are prepared to navigate the complex landscape of non-financial attestation is essential to take advantage of this significant market opportunity. In this session, we will explore the considerations and complexities of providing non-financial attestation services.
2:45 pm – 3:45 pm (PT)
Accounting & Auditing
GASB Update and Practice Issues
BDO USA, LLP
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.
2:45 pm – 3:45 pm (PT)
Accounting & Auditing
Accounting and Auditing for Digital Assets
BDO USA, LLP and Alliance Member
This session will cover the accounting and auditing challenges posed by digital assets such as cryptocurrency, including an update on FASB standards setting and auditing best practices.
4:00 pm – 5:00 pm (PT)
Accounting & Auditing
Single Audit Update: Lessons Learned Related to Stimulus Funding
BDO USA, LLP
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.
4:00 pm – 5:00 pm (PT)
Accounting & Auditing
Corporate Governance: Are You Prepared to Engage Boards on Emerging Risks?
BDO USA, LLP
Those charged with governance – whether overseeing public companies or private companies – continue to see their roles as directors increasing in importance as their companies navigate a myriad of traditional and emerging risks to their businesses and balance broad stakeholder expectations. In this session, we will discuss the topics your client board members are interested in to help increase the value you bring to the leadership teams and those in the boardroom.
Wednesday, May 3
8:00 am – 9:15 am (PT)
Accounting & Auditing
Are You Ready for the AICPA Quality Management Standards?
BDO USA, LLP and Alliance Panel – facilitated by BDO USA, LLP
With the AICPA's June 2022 release of four new quality management standards designed to improve a CPA firm's risk assessment and audit quality, along with the effective date of their international counterparts, major changes are coming to your firm's system of quality controls. In this session, join a panel of speakers from a diversity of practice sizes to hear how they have been addressing the new challenges.
9:30 am – 10:30 am (PT)
Accounting & Auditing
Practice Issues in Debt and Equity Financing Arrangements
BDO USA, LLP
This session will cover practice issues and preview updated BDO publications related to accounting for debt and equity financing arrangements.
9:30 am – 10:30 am (PT)
Industry | Accounting & Auditing
Building Nonprofit Fiscal Strength: Tools for helping your clients become and stay audit-ready
BDO USA, LLP
BDO FMA created StrongNonprofits.org in collaboration with the Wallace Foundation as a resource for nonprofits looking to become "fiscally fit." It has become a popular and widely valued resource for organizations that are just getting started or that aren’t yet operating at a scale that demands consultant-level services. In this session, we will walk through site navigation and explore several of the most used tools and templates, including a Program-Based Budget Template, Revenue Analysis Worksheet, Cash Flow Projections Template, Monthly Close Checklist, and more. Come with questions!