Not-for-profit Accounting Update - 1.5 CPE - Joint with AFWA DC Chapter

February 16, 2022
5:30 PM - 8:00 PM
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Virtual - Zoom Meetings


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We are so excited to host this joint event with the AFWA DC Chapter.  Tom Sneeringer of RSM US LLP will be presenting the following:  Not-for-profit Accounting Update

Overview:  Revenue reocognition - Lessons learned from adoption of ASC 606 and 958-605, getting ready for ASC 842 (Lease Accounting, ASU 2020-07 - Presentaiotn and disclosure of non-financial contributions, COVID funding - how to account for PPP loans, employee retention credits and other assistance

Level:  Intermediate

Instructional Method:  Group: Internet-based

NASBA Field of Study:  Accounting

Program Prerequisites: Basic understanding of non-profit accounting

Advance Preparation:  None

Agenda:

5:30 - 5:45pm:  Networking

5:45 - 6:00pm:  Joint business meeting Philadelphia/DC Chapters

6:00 - 7:30pm:  Presentation

7:30 - ?:  Continue the networking if you can stay longer

Speaker bio:

  

Thomas J. Sneeringer

Partner, Audit Services
RSM US LLP
Gaithersburg, Maryland
[email protected]
+1 301 296 3642

Tom has over 30 years of audit and accounting experience, specializing in nonprofit organizations. His responsibilities include directing engagements, preparing financial statements, composing management letters and advising clients on accounting and internal control policies.

Tom’s clients include 501(c)(3) organizations, colleges and universities, independent schools and national associations. In addition, he has extensive experience performing Uniform Guidance compliance audits and engagements in accordance with Yellow Book requirements. He frequently conducts seminars for clients, the American Institute of Certified Public Accountants, the Maryland Association of Certified Public Accountants, the Greater Washington Society of Certified Public Accountants and other organizations on key issues facing nonprofit organizations. Tom is one of the firm experts on the COSO Framework, especially as it applied to nonprofit organizations, and one of the first in the country to complete the COSO Internal Control Certificate.

His community involvement includes:

  • Finance and Administration Roundtable (past Chair)
  • Board of Directors, Washington School for Girls

 

Professional affiliations and credentials

  • Certified public accountant
  • American Institute of Certified Public Accountants
  • Maryland Association of Certified Public Accountants
  • Greater Washington Society of Certified Public Accountants
  • Association of Certified Fraud Examiners
  • Member of the Executive Committee, AICPA Government Audit Quality Center (GAQC)

 

Education

  • Bachelor of Science, accounting, University of Maryland
  • COSO Internal Control Certificate Program, completed June 2016

 

 

The Accounting & Financial Women’s Alliance 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 final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org.

Tickets

$5.00 Students

$10.00 Members

$20.00 Guests

$0.00 Speaker/Presenter

$10.00 Students - guests

$0.00 Donation