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Accounting Standards Update Webcast

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In this webcast, recorded April 2021 at AAFCPAs’ Nonprofit Educational Seminar, AAFCPAs’ Nonprofit Audit Leaders Matt Hutt, CPA, CGMA, Katie Belanger, CPA, and Olga Yasinnik, CPA, MBA provide key considerations and best practice recommendations related to new accounting standards, including where you should be with your implementation of:

  • Leases
  • Revenue Recognition: Reminders and Best Practices
  • COVID-19 Accounting Considerations
  • Overview of other upcoming topics including:
    • Presentation and Disclosures by NFP for Contributed Nonfinancial Services
    • Reference Rate Reform
    • Implementation Costs in Cloud Computing Arrangements

About the Authors

Matthew Hutt CPA
Matthew Hutt, CPA, CGMA
Matt leads AAFCPAs’ Healthcare Division, providing assurance, tax and advisory solutions for Federally Qualified Health Centers (FQHCs), behavioral health providers, home care agencies and hospices, nursing homes, and senior care living centers. Matt advises healthcare providers on consolidation and coordination of care, including the integration of behavioral health into the primary care delivery system. He also provides consulting solutions for providers transitioning to new value-based reimbursement models, and data driven patient care, including: developing business process and controls for collecting and advantaging data to provide analysis on: provider activity, delivery of care, and analysis of efficiency & cost effectiveness. Matt is also highly-sought after for his knowledge on issues related to affordable housing developers with requirements related to the US Department of Housing and Urban Development, MassHousing, Low Income Housing Tax Credits, Historical Tax Credits and New Markets Tax Credits. 
Olga Yasinnik
Olga Yasinnik, CPA, MBA
Olga specializes in driving high-energy audit teams, and advising sophisticated nonprofit organizations, including multi-services human & social services providers, community development corporations (CDCs) and their affordable housing development projects. She provides proactive guidance to these clients who receive state and federal grants, and must file Uniform Financial Reports (UFRs) and require audits in accordance with Uniform Guidance/Single Audit and Government Auditing Standards. Olga has extensive experienced in advising clients with projects funded by Low Income Housing and Historical Tax Credits.  She is an active leader of AAF’s Affordable Housing and Real Estate Community Development, and Human & Social Services practices.
Katie Belanger
Katie Belanger, CPA
Katie provides audit, tax, and consulting solutions to sophisticated nonprofit organizations, including multi-service human & social service providers, residential and day treatment agencies, early education and care (EEC) agencies, and independent schools. She has extensive experience auditing nonprofit organizations in accordance with Uniform Guidance/Single Audit and Government Auditing Standards as well as those with Uniform Financial Statement filing requirements.