UFR Training and State Compliance
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(Check-In 8:30am EST)
Virtual
4.00 Credits
Member Price $219.00
Non-Member Price $309.00
Overview
You could pay $0 for this course!
This qualifies for reimbursement through the State Workforce Training Express Fund. Firms/companies with fewer than 100 staff will receive 100% reimbusement, and firms/companies with over 100 staff will receive 50% reimbursement. You must register for this course and apply for reimbursement through the Workforce Training Express Fund website three weeks in advance to be eligible. The course code for this program is C-1725. To learn more click here or contact Julia Ekelund at jekelund@mscpaonline.org.
This 4 Hr webinar focuses on the preparation of the Uniform Financial Statement. Changes to the 2024 Audit & Preparation Manual including Chapter 257 changes will be highlighted. Directives contained in Manual addendums and revisions will be discussed. Topics include general Schedule B program definitions and types, specific program requirements, impact of COVID funding, PPP loan forgiveness, obsolete UFR lines and sections, specific line item usage, reporting contributions in programs, correlation of client revenue lines with program statistics, capital budget assets, FTEs, blue flags, salary limits, allocation of administration expense, required supplemental schedules, VendorWeb data, the Federal Funds Listing – contract numbers, MMARS and object codes, the use of pivot tables to generate UFR data your clients can understand, available analytical tools, and more. Included is a list of common errors from the 2020 UFR database as well as common but unnecessary reporting.
Leader(s):
Leader Bios
Claude Boudwin
Claude Boudwin, is a former sole proprietor of a firm specializing in the audit of not-for-profit and governmental clients. Mr. Boudwin relocated to Massachusetts in 1994 after 20 years of developing a not-for-profit practice in Philadelphia. Major responsibilities include compliance with Federal, State, and local regulations, strategic planning for cost reimbursement and unit rate funding, and audit supervision. Claude continued his work in not-for-profit consulting, auditing, and accounting and developed successful training seminars on UFR preparation and compliance including the MSCPA 2002 UFR update. For seven years, Claude served as the Chair of the Society’s Not-for-Profit Audit and Accounting Committee. He has been using automated methods including numerous Excel macros for preparation of UFRs since 1994. He has recently presented Excel Macro courses in both Massachusetts and New York.
Non-Member Price $309.00
Member Price $219.00