WEBINAR: CARES Act Fund Audits Preparation & Reporting
CARES Act Fund Audits Preparation & Reporting
Monday, November 2 | 1:30 PM
FREE to MHA Members
Overview of the webinar:
The U.S. Department of Health & Human Services will ultimately determine whether or not your facility’s CARES Act funds were spent appropriately. The answer could impact your bottom line and your operations for years to come. The clock is ticking for hospitals to obtain, track, manage, attest to and retain recovery dollars. With reporting deadlines looming, the amount of funds, speed at which they must be spent and complexities in interpretations combine to create a situation ripe for non-compliant spending and the potential need to return funds. One critical aspect of compliance is the Single Audit. This webinar will discuss steps to managing your Single Audit, including: starting the audit process early, implementing real-time monitoring to reduce your risk of exposure, and adequately preparing for rigorous compliance requirements.
Objectives of the webinar:
-Understand the Single Audit and what it means for your facility.
- Review compliance requirements of Single Audits.
- Provide guidance on documentation, interpretation, and accounting for lost revenue and related COVID expenses.
- Discuss real-time preparation and monitoring approaches.
- Offer time for questions & answers.
SPEAKERS:
Kade Moody, CPA, CHFP
Partner, Horne, LLP
Kade is a healthcare partner at HORNE LLP and serves as the leader of HORNE’s healthcare assurance services. He is also the firm-wide director of assurance, the firm’s Audit Quality Partner as designated by the Governmental Audit Quality Center and a member of HORNE’s Board of Directors. Kade also serves on the firm’s Belonging at HORNE Steering Committee.
Kade joined HORNE in 2002 after beginning his career with an international accounting firm. He has more than 25 years of experience in public accounting providing assurance and advisory services to governmental, nonprofit and tribal organizations, as well as large, privately-held corporations. He has extensive experience with financial reporting requirements, including those required for complex financing arrangements, as well as expertise with merger, acquisition and affiliation transactions. Kade is also one of the Firm’s leaders in providing strategic guidance and other advisory services related to federal funding associated with the coronavirus pandemic. He also has primary responsibility for the firm’s services to the pharmaceutical industry. Kade draws on his broad experience to provide anticipatory vision of financial and operational risk for his clients.
Kade earned his Bachelor of Science in Accounting from the University of Southern Mississippi. He is also a Certified Public Accountant and a Certified Healthcare Financial Professional.
Clint King, CPA
Director, Horne, LLP
Clint is a director in healthcare services at HORNE LLP. He supervises audits primarily for healthcare and nonprofit organizations.
Clint joined the firm in 2007 and has worked with hospitals and other healthcare facilities on numerous healthcare reimbursement and consulting projects.
Clint earned his Bachelor of Science in Accounting and Master of Professional Accountancy from the University of Southern Mississippi.