What You Need To Know About the Updated Compliance Supplement and Addendum Under the Uniform Guidance

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WHAT YOU NEED TO KNOW ABOUT THE UPDATED COMPLIANCE SUPPLEMENT AND ADDENDUM UNDER THE UNIFORM GUIDANCE

Webinar • Tuesday, March 30, 2021 • 1:00-2:00 p.m. ET

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Webinar Details

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Credit Information

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Auditors use the annual Compliance Supplement to conduct audits. Federal grant recipients use it to find best-practice internal controls. This year, the Compliance Supplement is even more valuable.

It maps out requirements in the 12 areas of compliance where Uniform Guidance updates have tightened restrictions. And, it includes an Addendum spelling out flexibility in how grant recipients address CARES Act and other Covid-related funding.

Here’s the guidance you need to pull everything into focus before your Year 2020 audit.

Register now for What You Need To Know About the Updated Compliance Supplement and Addendum Under the Uniform Guidance.

In this one-hour webinar, Aronson’s Greg Plotts and Carol Barnard draw on their expertise on the Uniform Guidance to prepare federal grant recipients for upcoming audits. From greater flexibility in some areas, to greater restrictions in others, you’ll learn how updates to the Compliance Supplement and the Addendum will affect Audit Year 2020.

An essential tool for grant recipients. You will learn how to mine the Compliance Supplement for internal control best practices and to take advantage of pandemic-related flexibility in 2020. Plus, you’ll receive practical resources and have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now to prepare for how the updated Compliance Supplement and Addendum will affect audits for the year 2020, including:

The general structure of the Compliance Supplement
What makes it a useful tool for auditors and grant recipients
The addendum addressing CARES Act and other COVID-related funding
Flexibilities that existed in 2020
Uniform Guidance changes and restrictions put in place in 2020

You will come away from this webinar understanding the new restrictions and flexibility in the 12 compliance areas. You’ll also have insights into where auditors will be stricter and more flexible.

Register now for What You Need To Know About the Updated Compliance Supplement and Addendum Under the Uniform Guidance.

Who Will Benefit:

This webinar is of value to grants professionals. Attendees who will benefit most include:

Grant Writers
Development Directors
Program Directors

YOUR EXPERT(S):

Carol Barnard

Carol Barnard, CPA, CFE, MBA, is a director in Aronson’s Nonprofit & Association Services Group. With more than 15 years of public accounting experience, Carol has focused her career exclusively on nonprofit audit and accounting issues, including federal funding and related Single Audit requirements, compliance issues, and the changes brought about by Uniform Guidance.

As an active thought leader within the nonprofit industry, Carol continuously shares her expertise through nationally broadcasted webinars, internal training sessions, and other speaking opportunities. She has led various webinars on topics such as “The Updated Basics of Federal Grant Compliance,” “Allocating Direct and Indirect Costs for Nonprofits,” and “Nonprofit Compliance: Winning Strategies for a Successful Audit.” Additionally, she has co-presented a breakout session at the Greater Washington Society of CPAs 2017 Annual Nonprofit Symposium entitled “Fraud Considerations in Nonprofit Organizations.” Carol is also the editor of Aronson’s nonprofit blogs.

Eric Hittle

Eric Hittle is a manager in Aronson’s Nonprofit & Association Services Groups. He has over eight years of public accounting experience, in which he has focused nearly exclusively on the nonprofit industry. Eric’s specialized expertise includes financial statement audits and Uniform Guidance compliance audits for exempt organizations. Eric also offers significant internal controls testing experience and strong research and analytic abilities.

Eric graduated from Montana State University-Bozeman with a Master of Professional Accountancy. He also received a Master of Science in Cell and Molecular Biology from Tulane University and a Bachelor of Science in Microbiology from Montana State University.

Greg Plotts

Greg Plotts, CPA, serves as a partner in Aronson LLC’s Nonprofit & Association Services Group. He is a proactive, collaborative, and decisive leader with over 20 years of industry experience.

Greg specializes in financial statement assurance and consulting matters for associations, foundations, healthcare entities, and other nonprofit organizations. He has a wide range of experience with complex issues, including internal controls, enterprise risk management, Uniform Guidance, fraud investigations, international audit matters, foreign currency transactions, joint ventures, mergers and acquisitions, and more.

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