UFR Insights: AAFCPAs Presents Webinar for Providers’ Council

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AAFCPAs’ Human & Social Services practice leaders Katie Belanger, CPA and Thomas Perruna, MPAc have been invited to present on August 30, 2023 at 10 AM on the Commonwealth of Massachusetts’ Uniform Financial Statement (UFR) during an educational member’s only webinar hosted by the Providers’ Council. AAFCPAs contacts who are not members of the Providers’ Council gain exclusive access to event registration by selecting “AAFCPAs Contact Registrants” under Provider Agency on the registration form.

Register to attend the event. >>

In this one-hour webinar, attendees will be guided through UFR preparation and will learn how to navigate and mitigate common reporting errors in the filing. The session will cover its structure and requirements, Schedule B program definitions and types, specific program requirements, and proper reporting of contributions in various programs.

Speakers will provide insights into obsolete UFR lines and sections to ensure your financial statements are accurate and up to date. They will also discuss ways for avoiding common UFR errors, specific line items, correlation of client revenue lines with program statistics, the handling of COVID funding impacts, capital budget assets, FTEs, blue flags, salary limits, allocation of administration expenses, required supplemental schedules, VendorWeb data, and listing of federal funds including contract numbers along with MMARS and object codes.

Please join as our guest. We hope to see you there!

If you have questions, please contact Katie Belanger, CPA, Partner at 774.512.4033 or kbelanger@nullaafcpa.com or Thomas Perruna, MPAc, Manager at 774.512.4216 or tperruna@nullaafcpa.com—or your AAFCPAs Partner.


About the Authors

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. She provides best practice recommendations on operational and internal control systems and processes to help clients mitigate …
Tom Perruna

Thomas Perruna, MPAc

Thomas provides assurance, tax, and consulting solutions to sophisticated nonprofits, including Federally Qualified Health Centers (FQHCs), Community Development Corporations (CDCs) and their affordable housing limited partnership projects, as well as multi-service human & social services providers. He is a member of AAFCPAs’ Healthcare and Affordable Housing Executive Committees. Thomas has extensive experience leading financial statement audits in accordance with Uniform Guidance/Single Audit and Government Auditing Standards, as well as those with Massachusetts Uniform Financial Report (UFR) …