Sessions For All NFP Days

7:00AM-5:30PM

18

Monday
8:00AM-9:40AM

101. Fundamentals of Not-for-Profit Accounting

Instructor: John Kroll, Pete Ugo
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing (Governmental)
CPE Credits: 2.0

Not-for-profit organizations have to abide by several accounting and reporting requirements that are unique to their industry. This workshop will take a fresh look at NFP accounting and reporting requirements, provide a few simple "tricks of the trade" and give participants an overview of several basic/fundamental accounting and financial reporting items that are prevalent within the not-for-profit industry. Topics covered will include accounting for contributions, endowments, net assets, and various other accounting and financial reporting topics. This workshop is ideal for those who are new to the not-for-profit industry, as well as a refresher for more experienced individuals.

Learning Objectives:

  • Attendees will learn about several fundamental accounting items that are unique to not-for-profit organizations
  • Workshop will provide an overview, including examples, of financial reporting for not-for-profit organizations

18

Monday
8:00AM-9:40AM

102. Practical Implementation of Procurement

Instructor: Diane Fraber, Andrea Wilson
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 2.0

Given the changes in the Uniform Guidance, particularly related to procurement, this workshop is geared to helping participants with practical implementation strategies in understanding adoption (and survival) techniques in both implementing and auditing the new standards.

Learning Objectives:

  • Design procurement policies in compliance with the Uniform Guidance.
  • Gain insight into practical implementation of the Uniform Guidance as it relates to procurement.

18

Monday
8:00AM-9:40AM

103. Choice of Entity

Instructor: Jeffrey Frank, Jeffrey Schragg
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 2.0

This workshop on the choice of entities for NFPs will include birth and death / formation and termination issues. The speakers will discuss the Form 1023, 1023-EZ and 1024, dissolution and termination issues including the interaction with the Secretary of State, Attorney General and state taxing authorities, what to do when an entity is terminated due to lack of filing with the IRS, the state or the Secretary of State.

Learning Objectives:

  • Attendees will learn what to do when an entity is terminated due to lack of filing with the IRS, the state or the Secretary of State

18

Monday
8:00AM-9:40AM

104. Uncover the Mystery: What it Takes to Become an Excel Analyst

Instructor: Carey Mitchell, Johnnie Thomas
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Computer Software & Applications
CPE Credits: 2.0

Do you find yourself sleuthing around Microsoft Excel, wanting to uncover the analytics features it provides and wishing you knew more? Attendees will learn about new and existing analytics features within Excel. Excel features can make even the most rote daily tasks more efficient. Other features, such as Excel charts and reports, can assist you in becoming more strategic in your role. Attendees will leave with practical examples of how to use these features as well as resources for future, self-guided learning. The workshop is recommended for those with at least a foundational level of competency related to Excel and its capabilities.

Attendees will:

  • Identify uses for Office 365, Office’s subscription service that provides ongoing new value and high impact for your work and business.
  • Apply data to examples of Excel analytics fundamentals, including lookup formulas and PivotTables.
  • Compare chart types to help visualize data.
  • Use the one-click forecasting feature to make predictions on data.
  • Use Power Query, a tool used for automated, repeatable importing and cleaning up substantial amounts of data in Excel. Data can come from a wide variety of sources including SQL, CSV, and web pages. 
  • Use Power Pivot, a tool used when working with large (1M+ rows) data sets within Excel. Learning Objectives: Identify and apply new and existing analytics features within Excel. Obtain practical examples of how to use these features as well as resources for future, self-guided learning.

18

Monday
9:50AM-11:30AM

105. Indirect Cost Proposals

Instructor: Troy Rector, Alex Weekes
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 2.0

Many institution's must engage in the process of negotiating federal indirect rates. Non-profits face unique challenges in preparing, submitting and negotiating indirect rates. As we go through this process, many of us often wonder if we've done everything we can do within the constraints of federal regulations in order to maximize our institution's negotiated indirect rate and resulting indirect cost recovery. In this workshop, we will discuss strategies that may be employed to maximize indirect cost recovery, both in the preparation of your indirect rate proposal as well as during the subsequent rate negotiation and budgeting of indirect costs on grants and contracts.

Learning Objectives:

  • Identify what an indirect cost rate is, its importance and the various types of costs recovered through the indirect rate.
  • Explore different types of rates and how they impact recovery and understand the process for preparing, submitting and negotiating the rate under the Uniform Guidance.

18

Monday
9:50AM-11:30AM

106. Diving into the Details of Form 990

Instructor: Jeffrey Frank, Tracy Paglia
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 2.0

If you've prepared or evaluated the Form 990, you know it’s a complex filing used for reporting important information. We will focus on targeted areas of the Form 990 and schedules to inform the audience on issues and opportunities and answer your questions.

Topics covered will include:

  • functional expenses
  • grantmaking and how activities are reflected on Schedules F and I
  • related organization topics and their reporting on Schedule R and corresponding components of the core form.

Learning Objectives:

  • Participants will have a better understanding of the what and why of details required for specific sections of the Form 990, and a deeper knowledge of how this information can be used or may be perceived by readers of the Form 990.

18

Monday
9:50AM-11:30AM

107. From Hard Work to Operational Excellence

Instructor: Hilda Polanco, Amy West
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 2.0

Focusing on the three foundational components of Operational Excellence, "effective teams, integrated technology systems, and efficient workflow”this session will leave participants with a renewed vision of what it means to operate at the highest levels to support the achievement of outcomes.

Key concepts will include:

  • Maximizing staff capacity in the finance function
  • Leveraging technology to increase efficiency
  • Automating workflow each step of the way

Learning Objectives:

  • Analyze practical applications to improve operating efficiency
  • Determine how to effectively use resources and automation to achieve operating excellence

18

Monday
9:50AM-10:40AM

108. Introduction to Accounting for Endowments

Instructor: Jennifer Richards
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing (Governmental)
CPE Credits: 1.0

This workshop provides a deep dive on this accounting topic for those that are new to NFPS or experienced CPAs that need a refresher.

The workshop will focus on:

  • Overview of UPMIFA, including key concepts in the uniform act and common differences as implemented in state law
  • GAAP requirements for accounting and financial reporting for endowments, including what will change and what will not under ASU 2016-14
  • Examples of options for reporting endowment balances and activity in the financials
  • Examples of footnote disclosures
  • Introductory level Deep dive session on this accounting topic, including UPMIFA and what changes and what doesn't under the new NFP Financial Reporting ASU

Learning Objectives:

  • Apply the basics for accounting for endowments to your client situations
  • Determine how the new financial reporting ASU will change current accounting for endowments

18

Monday
10:50AM-11:40AM

109. Introduction to Split Interest Agreements

Instructor: Jennifer Hoffman, Rick Wentzel
Track: Accounting & Auditing
Knowledge Level: Basic
Field of Study: Accounting
CPE Credits: 1.0

Many not-for-profit organizations rely on split-interest agreements, also known as planned giving, to support their long-term missions. Would you know a split interest agreement if you saw it? Would you know how to account for it? This workshop will cover accounting for the various types of split interest agreements, including charitable lead trusts, charitable gift annuities, pooled income funds, and gifts of real estate with a retained interest. Through various examples of these types of gifts, we will cover the GAAP requirements for initial recognition (including what assumptions and estimates to use), subsequent re-measurement, and financial statement presentation and disclosure. We will explore best practices for controls surrounding identifying, tracking, and recording such agreements.

Learning Objectives:

  • Record the various types of split-interest agreements, including initial entries Learn when and how to re-measure split-interest agreements and how to report them.

12:45PM-1:00PM

18

Monday
1:00PM-1:50PM

1. Keynote Presentation: Purpose - Personal Journey and Professional Career

Instructor: Shannon Schuyler
Track: Specialized Knowledge
Knowledge Level: Overview
Field of Study: Specialized Knowledge
CPE Credits: 1.0

Purpose can be powerful, palatable, and transformative if we understand its true meaning on a multitude of levels -- individual, collective, systemic -- and how to activate it in a unified manner. Hear from PwC’s Chief Purpose Officer about how a purpose mindset transcends generations, supports talent development and workplace engagement while creating shared value.

Learning Objectives:

  • Recognize how your organization can create a culture that attracts and cultivates more engaged employees
  • Learn why being purpose-driven can lead to better business performance

1:50PM-2:00PM

18

Monday
2:00PM-3:15PM

2. The New Yellow Book

Instructor: Kimberly McCormick, Mandy Nelson
Track: Yellow Book
Knowledge Level: Update
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

This session will provide the status of the GAO's update to Government Auditing Standards.

Learning Objectives:

  • Recall the status of the updates to the Yellow Book and effective date for auditors and organizations
  • Indicate the plan for CPE requirements related to the Yellow Book

18

Monday
2:00PM-3:15PM

3. Board Governance

Instructor: Mark Oster
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.5

Given increased accountability to constituents, donors and regulators for accuracy and integrity of business operations, heightened expectations of boards for transparency and effectiveness, and greater media coverage of lapses in good governance, strong board performance is essential. When done right, governance activities of boards can not only provide needed oversight, but can contribute in meaningful ways to organizational success - and mission achievement. In this presentation, we will address key governance principles for Boards in the not-for-profit sector, focusing on modes of governance, responsibilities of the board and of individual trustees, characteristics of high performing boards and current governance issues and associated best practices. The presentation will be based on Grant Thornton's "Not-for-Profit Board Guidebook", which covers governance best practices, as well as the issues trustees face as they do their work.

Learning Objectives:

  • To clarify the key roles and responsibilities of NFP boards as an integral part of an organizaton's governance structure.
  • To define what makes boards successful. To address issues regarding accountability, integrity, fiscal stewardship and board operating procedures.
  • To identify key governance issues that trustees need to address to perform their responsibilities effectively.

18

Monday
2:00PM-3:15PM

4. Accounting for Endowments and Annuity and Life Income Gifts

Instructor: John Kroll, Jennifer Richards
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Not all endowments are the same, and they often times create complexity and confusion within not-for-profit organizations and lead to potential financial reporting misstatements. This session will provide an overview on accounting for endowments, and explore advanced topics related endowment accounting and financial reporting with specific gift examples, practical guidance on donor relations, and a case study on investment pool accounting. This session will also provide an overview of accounting and financial reporting for annuity and life income gifts along with specific accounting examples, including:

  • Endowment accounting basics refresher
  • Changes to endowment accounting related to ASU 2016-14
  • A variety of gift examples, including an investment pool case study
  • Practical guidance on donor relations
  • Overview of annuity and life income accounting

Learning Objectives:

  • To clarify the key roles and responsibilities of NFP boards as an integral part of an organizaton's governance structure.
  • To define what makes boards successful.
  • Learn common errors in accounting and reporting endowments and take away ideas on what to watch out for to avoid making these mistakes

18

Monday
2:00PM-3:15PM

5. Technology Update: Understanding the Latest Buzzwords and Changes That Impact Our Industry

Instructor: Anthony Hargreaves
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Information Technology, Specialized Knowledge
CPE Credits: 1.5

Join this session for an update on the latest technology buzzwords. Cryptocurrency, Blockchain, A.I., EU GDPR, and more. Learn the details behind these buzzwords and how they are relevant to your organization.

Learning Objectives:

  • Learn simplified definitions of some key technical terms
  • Get updated on new technologies impacting the NFP space
  • Learn some of the pros and cons of new emerging technologies

18

Monday
2:00PM-3:15PM

6. Tax Law Update

Instructor: Bruce Hopkins
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

This session will review current developments in the federal tax law, including tax regulations, IRS rulings, court opinions, and pending legislation (including U.S. Tax Reform bills/law). The focus will be on the TE/GE fiscal year 2018 work plan, qualification for exemption, application for recognition processes and litigation, public charity status, supporting organizations, donor-advised funds, the commerciality doctrine, the private foundation rules, governance, the private inurement and private benefit doctrines, legislative and political campaign activity, unrelated business, joint ventures, use of subsidiaries, fundraising, and charitable giving law.

Learning Objectives:

  • Identify the import of TE/GE FY 2018 work plan.
  • Analyze IRS private letter ruling policies.
  • Apply recent court decisions to applicable tax scenarios.
  • Identify contents of tax reform legislation/law.

18

Monday
3:20PM-3:40PM

LL1. Hashtags, Handles and Tweets, Oh My!

Instructor: Liz Rock
Knowledge Level: None
Field of Study: None
CPE Credits: None

Twitter is a social media platform that has developed a reputation for building relationships and fostering person-to-person networking. Learn how you can capitalize on conferences and the opportunities they present through Twitter.

Learning objectives:

  • Learn best practices for starting and growing your presence on the fast-pace social platform.
  • Get tips and tricks on engaging with hashtags and making the most during your #AICPAnfp time

18

Monday
3:45PM-5:25PM

7. GAAP Update

Instructor: Jeffrey Mechanick, Rick Cole
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Update
Field of Study: Accounting, Auditing (Governmental)
CPE Credits: 2.0

This session will provide an overview update on: recent Accounting Standards Updates (ASUs), especially the final ASU on Grants & Contracts to NFPs; implementation matters concerning ASUs that are newly effective or soon to be effective (especially NFP Financial Statements, Revenue Recognition, and Leases); and significant FASB projects in process.

Learning Objectives:

  • Obtain a general understanding of the applicability and key provisions of the final ASU on Grants & Contracts to NFPs (deeper dive in Session 65).
  • Obtain an awareness and general understanding of key provisions/ implementation matters concerning recent major and other standards (deeper dives in other sessions), and an awareness of noteworthy ongoing FASB projects affecting NFPs.

18

Monday
3:45PM-5:25PM

8. Update on the IRS, Treasury & the Hill

Instructor: Gordon Clay, Elinor Ramey, Alexander Reid, Margaret Von Lienen
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 2.0

Come to this important session to gain insights into current EO-related developments, including:

  • IRS and Treasury EO tax reform guidance
  • Current IRS EO initiatives
  • Current EO-related guidance projects
  • Legislative changes and updates for EOs

Learning Objectives:

  • Identify legislative developments in the tax-exempt organizations area.
  • Identify regulatory developments in the tax-exempt organizations area.

18

Monday
5:45PM-6:05PM

LL2. Strengthening Your Finance Career Potential Through CGMA

Instructor: Robert Conrad
Knowledge Level: None
Field of Study: None
CPE Credits: None

Success in today’s highly competitive and fast paced business landscape requires insight and innovation from all corners of an organization. Finance teams must demonstrate agility, move beyond traditional reporting duties and demonstrate strategic capabilities to move business operations forward. The CGMA (Chartered Global Management Accountant) is designed specifically for finance professionals, to help them develop the knowledge, skills and experience they need to become more effective. This session will help answer the following questions:

  • What is CGMA?
  • Why do I need it?
  • What are the benefits of CGMA to employers and individuals?
  • What are the levels of entry to CGMA and where would I come in?
  • How much does it cost?
  • How long does it take?

Learning Objectives:

  • Introduce the CGMA Outline entry points to obtaining CGMA

6:30AM-5:30PM

7:00AM-8:00AM

19

Tuesday
7:00AM-7:50AM

9. Single Audit Resources and Certificate

Instructor: Carey Mitchell, Rafael Roman
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.0

The focus will be the benefits to single audit quality when auditors have the single audit certificate and use the tools available via the AICPA and GAQC. This will not be a selling session but a presentation of tools to improve audit quality.

Learning Objectives: After participation in this session, you will be able to:

  • Identify how the single audit resources and certificates can help you improve audit quality.
  • Obtain single audit resources for use on your engagements.

19

Tuesday
7:00AM-7:50AM

10. The Way Forward: Governance and Investment Policy for Endowed Nonprofits

Instructor: William Jarvis
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.0

As we mark the tenth anniversary of the global financial crisis, what does the future hold for endowed nonprofit institutions? This session will outline the often-conflicting forces that are shaping the world of nonprofit investing, and will lead a discussion among attendees about how these institutions are meeting challenges to their governance structures.

Learning Objectives: Attendees will learn:

  • The forces shaping the investment environment for endowed nonprofit institutions
  • The governance challenges that are being faced by these institutions

19

Tuesday
7:00AM-7:50AM

11. Containing Costs in Healthcare: What Can Employers Do?

Instructor: Anthony Carlozo
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Finance
CPE Credits: 1.0

Healthcare premiums have spiraled out of control - continually rising with no relief in sight. During this challenging period, employers have needed to shift all or part of these costs to employees. The fact that wages are stagnant or rising slowly, puts great pressure on the company's workforce. The Dilemma Companies Face: How to Address this Imbalance. This is where CFOs, Controllers, and Finance can play a major role - by helping to cut back costs and thus narrow the gap between employee premiums and compensation. This session will discuss the benchmarks, levers employers can pull, and demonstrate various case studies to illustrate the impact of some of the techniques.

Learning Objectives:

  • Understand the state of the market and benchmarks
  • Learn the cost containment strategies available to the marketplace
  • Talk through real life case studies of several strategies

19

Tuesday
7:00AM-7:50AM

12. Managing the Complexities of Nonprofit Growth

Instructor: Brandy Keller, Dan Murphy
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.0

In a recent industry study, 80 percent of nonprofit finance professionals say their organization plans to grow in the next 12-18 months. Nonprofit growth presents its own unique set of challenges, and, if not managed properly, can actually hurt your organization. With challenges and opportunities in mind, how do you prepare your budget, staff, and organization for growth? In this session, we’ll look deeper into industry research exploring growth trends in the nonprofit sector. This session will focus on the impact of growth across a nonprofit organization, from budget planning, increasing compliance complexities, shifts in the workforce to growth strategies around grants, and new revenue sources. We’ll dive into specific tips and suggestions to help you get the most out of the data in the study and prepare your organization for successful growth.

Learning Objectives:

  • Evaluate growth strategies through a risk management framework
  • Prepare for internal controls and processes for increased compliance complexities
  • Develop people strategies to accommodate for growth
  • Identify technology requirements for accommodating growth

19

Tuesday
7:00AM-7:50AM

13. How to Build Trust with Internal Controls

Instructor: Lucy Morgan
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing (Governmental)
CPE Credits: 1.0

It is more critical than ever that organizations maintain the highest level of trust for funders, donors, lenders and the public at large. In this Solutions Session, we will look at ways poor internal controls damage trust and the expensive price organizations pay to rebuild trust once lost.

Learning Objectives:

  • Identify where internal control failures damage stakeholder trust
  • Describe ways to integrate all areas of the organization in strengthening your internal control framework.

19

Tuesday
7:00AM-7:50AM

14. Accounting Liabilities of State Reporting Forms: Regulatory Enforcement Issues

Instructor: Tracy Boak, Karen Wu
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

With greater access to the tools for mining the data on the Form 990, state regulators are more closely scrutinizing nonprofits' tax returns and fundraising contracts for regulatory infractions, including high fundraising costs, gifts-in-kind, excessive compensation and improper joint cost allocations. This session is a call to action for accountants working with or in nonprofits to dig deeper into the regulations and understand the risks and legal traps for the organization and the accountants who collaborate with them.

Learning Objectives:

  • Identify legal issues associated with accounting reporting requirements.
  • Analyze the risks and legal traps for accountants and their nonprofit clients who prepare and submit financial reporting forms to states.

7:50AM-8:00AM

19

Tuesday
8:00AM-8:50AM

15. Latest Trends: Indirect Costs

Instructor: Diane Edelstein, Alex Weekes
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.0

The session will look at indirect costs under Uniform Guidance.

Learning Objectives:

  • Determine allocation of costs vs indirect cost rates Apply the use of deminimus cost of 10%

19

Tuesday
8:00AM-8:50AM

16. ERM: A Practical Approach

Instructor: Ethan Kahn, John Rowe
Track: Specialized Knowledge
Knowledge Level: Basic
Field of Study: Specialized Knowledge
CPE Credits: 1.0

In this session you will receive an overview of ERM, various ERM models or Frameworks and a discussion of the critical success factors and impediments to sustaining an ERM Program.

Learning Objectives:

After the session you will understand and be able to discuss:

  • What is ERM
  • Why do "ERM"
  • The critical success factors for an ERM Program
  • Typical "roadblocks" or "impediments" and strategies for dealing with them

19

Tuesday
8:00AM-8:50AM

17. Navigating the Rough Waters Ahead: Implementation of New Standards

Instructor: Ashley Whitaker, Brian Zygmunt
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing, Auditing (Governmental)
CPE Credits: 1.0

Implementation of the new Not-for-Profit Financial Reporting Standard, Revenue Recognition and Leases will quickly be upon not-for-profit organizations. This session will focus on logistics and the corresponding proactive steps that can be taken to avoid the pitfalls of not being prepared to address these requirements.

Learning Objectives:

  • The speakers will share ideas and techniques to facilitate preparation for the implementation of these new standards
  • Participants will be exposed to an example project plan that lays out key steps and a related timeline targeted at assuring readiness

19

Tuesday
8:00AM-8:50AM

18. Peer Review Update - Governmental Must-Select Training Requirement (Part 1)

Instructor: James Brackens, Rick Reeder
Track: Yellow Book
Knowledge Level: Advanced
Field of Study: Auditing, Auditing (Governmental)
CPE Credits: 1.0

This session (in conjunction with the related “Part 2” session) meets the annual training requirement for reviewers of governmental engagements. It may also be of interest to those who perform firms’ internal inspections and others who wish to learn more about peer review findings in this area. Recent changes in peer review guidance related to governmental engagements as well as other key items related to peer reviewing these engagements will be covered. Note: both Parts 1 and 2 must be attended to meet the annual peer review training requirement for reviewers of governmental engagements.

Learning Objectives:

  • By the end of the session, you will be able to identify common findings related to governmental engagements found in peer reviews and enhanced oversights, apply best practices when performing reviews of governmental engagements and recognize how recent changes in peer review guidance impact the reviews of these engagements.

19

Tuesday
8:00AM-8:50AM

19. The Impact of Blockchain to Nonprofits

Instructor: Daniel Figueredo
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing
CPE Credits: 1.0

Blockchain technology and cryptocurrencies are changing the way people do business. Foundations and public charities are realizing the potential and are investing the time and resources to utilize the technology. This session will cover important accounting considerations for CPAs involved with not-for-profit organizations utilizing these technologies.

Learning Objectives:

  • Get an overview of the regulatory landscape and initiatives of the FASB and SEC.
  • Learn important considerations on how to account for cryptocurrencies and tokens within the current U.S. GAAP framework.
  • Understand important audit considerations when working with not-for-profit organizations utilizing cryptocurrencies and tokens.
  • Learn about available tools and resources.

19

Tuesday
8:00AM-8:50AM

20. Tax Tools You Wish You'd Known About Sooner

Instructor: Jeffrey Frank, Deborah Kosnett
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

What’s in your tax toolbox? There are vast online (and largely free!) resources that are exceptionally useful for the EO practitioner … but you need to know where to look, and how to separate the useful from the useless. Come to this lively session to learn the modern “tricks of the trade” from two long-time EO tax practitioners.

Learning Objectives:

  • Broaden your tax research horizons
  • Take home at least one new useful source for reputable tax information

19

Tuesday
8:00AM-8:50AM

UP1. Accounting Liabilities of State Reporting Forms: Q&A

Instructor: Tracy Boak, Karen Wu
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

In this session we will answer your questions regarding risks and legal traps in preparing and submitting financial reporting forms to state charity officials.

Learning Objectives:

  • Understand legal issues associated with accounting reporting requirements.
  • Understand the risks and legal traps for accountants and their nonprofit clients who prepare and submit financial reporting forms to states.

8:50AM-9:00AM

19

Tuesday
9:00AM-10:15AM

21. Single Audit Update

Instructor: Mary Foelster, Erica Forhan, Mandy Nelson
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

This session will provide an overview of what is happening in the single audit arena. You will learn about the: 2018 OMB Compliance Supplement; Latest Uniform Guidance lessons learned and OMB update; News from the Governmental Audit Quality Center; and Single audit landscape looking forward.

Learning Objectives:

  • Learn about the latest single audit developments
  • Learn about expected future single audit activities

19

Tuesday
9:00AM-10:15AM

22. How to Increase Diversity in Not-for-Profits

Instructor: Michael Forster, Indhira Arrington, Scott Steffens
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Business Management & Organization, Specialized Knowledge
CPE Credits: 1.5

Our panel will recap some of the challenges to nonprofits attaining diversity within the workforce and explore approaches and techniques that have been successful in both attracting and retaining diversity. Panelists will provide substantive information while soliciting interactive feedback from attendees.

Learning Objectives:

  • Identify better diversity recruitment efforts Indicate better diversity retention performance
  • Recall human capital management and human capital programs

19

Tuesday
9:00AM-10:15AM

23. Technology and Mission: An Essential Pairing

Instructor: Christopher Liedel, Nancy Proctor, Philip Proctor
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.5

Technology assists a nonprofit organization maximize its potential in numerous ways including supporting the organization's mission, daily operations, fundraising and community engagement. Opportunities exist for nonprofit organizations to use technology to deliver on their mission in a very effective way. Join us to discuss the ways in which technology was leveraged in the past, how technology is currently being used and the role of technology in the future.

Learning Objectives:

  • Attendees will identify, through multiple overviews, the considerations and processes undertaken by non-profits when developing and implementing technology projects.

19

Tuesday
9:00AM-10:15AM

24. Revenue Recognition: A Deep Dive

Instructor: Richard Cole, Stuart Miller
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Advanced
Field of Study: Accounting, Auditing (Governmental)
CPE Credits: 1.5

This session will take a deep dive into specific NFP revenue streams impacted by Topic 606, ASU 2014-09 – Revenue from Contracts with Customers, and other related revenue ASUs. It will focus on the application of the 5 step model in different scenarios to provide participants with real life examples of implementation for revenue streams that are similar to their organization's or client's.

Learning Objectives:

  • Reconstruct an overview of the 5 step model.
  • Assess how the 5 step model effects certain NFPs.

19

Tuesday
9:00AM-10:15AM

25. Breaking Down Alternative Investments

Instructor: Melisa Galasso, Janice Ratica
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing, Taxes
CPE Credits: 1.5

Not-for-profit entities continue to increase their use of alternative investments. This course will address the risks to the entity, risks that the auditor should consider as well as tax challenges.

During this session, we will:

  • Explore the key characteristics of common alternative investment strategies
  • Discuss common risks associated with alternative investments
  • Discuss common financial reporting and audit related issues
  • Explore tax considerations of alternative investments

Learning Objectives:

  • Define alternative investments
  • List the primary assertions related to alternative investments
  • Describe tax implications of alternative investments

19

Tuesday
9:00AM-10:15AM

26. Private Foundation Case Studies: 10 Myths of Private Foundations

Instructor: Jennifer Becker Harris, Jane Searing
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

Private foundations are not a new giving vehicle. However, they remain a powerful point of leverage for philanthropists. For the charitably inclined there is not much you cannot do with a private foundation so long as you follow the rules. The key is you must understand the rules. This session will debunk 10 common myths of private foundations. We will highlight activities you CAN do with a private foundation that most people think you CANNOT. We will also highlight a few danger areas where common sense would tell you the activity should be fine to engage in with a private foundation but is actually a violation of a Chapter 42 tax law.

Learning Objectives:

  • Learn the points of leverage a private foundation brings for philanthropists to achieve charitable goals.
  • Gain an awareness of the Chapter 42 activities which will trigger excise tax penalties on private foundations, managers and disqualified persons.

19

Tuesday
9:00AM-10:15AM

UP2. Top 3 Unrelated Business Income Tax (UBIT) Things

Instructor: Richard Locastro, Dave Moja
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

Every organization should have a familiarity with the top unrelated business income tax (UBIT) issues that they likely face. In this session we will take a quick look at the history of UBIT and use brief case studies to highlight potential unrelated business activities in three top UBIT areas: property rentals, corporate sponsorships, and allocations from alternative investments. Specifically, we’ll discuss the nuances of property rental income and which organizations are in an advantaged tax position, examine types of corporate “sponsorship activities” that might be taxable now and in the future, and explain “taxic” investments and how an organization’s investment policy can help avoid unexpected tax bills. The real world examples will help participants apply UBIT tenets to the activities being carried on at their organizations.

Learning Objectives:

  • Gain an understanding of common unrelated business issues
  • Discern ways in which common UBIT may affect your organization

10:15AM-10:45AM

19

Tuesday
10:20AM-10:40AM

LL3. Metrics for Mission Impact: How Nonprofits Can Strengthen Outcomes through Quantitative Measures

Instructor: Angela Robertson
Knowledge Level: None
Field of Study: None
CPE Credits: None

With changing donor expectations, the demand for accountability in nonprofits is increasing rapidly. Now more than ever, nonprofits must be able to truthfully report the revenue-to-program delivery chain, as they walk a tightrope to justify overhead expenditures as an integral component of mission fulfillment. Using advice from sector thought leaders and examples from NetSuite's nonprofit customers, this session will explore the metrics needed to ensure that your organization is financially healthy, spending dollars wisely, delivering successful programs and creating mission impact in an efficient manner.

19

Tuesday
10:45AM-12:00PM

27. It All Starts Here: SEFA Chronicles

Instructor: Rachel Flanders, Ellen Labita
Track: Yellow Book
Knowledge Level: Advanced
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

This session will explore the unique aspects of auditing and reporting on the Schedule of Expenditures of Federal Awards (SEFA) and provide suggestions on ways to improve audit procedures, documentation, and presentation of the SEFA. Common errors and questions on the SEFA will also be addressed.

Learning Objectives:

  • Evaluate the quality control issues associated with SEFA Implement tools for auditing and reporting on the SEFA

19

Tuesday
10:45AM-12:00PM

28. The Evolving Role of the CFO: The Sequel

Instructor: Michael Forster, Ash Noah, Amy West
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.5

The role of the CFO continues to evolve, expand and is more complex and demanding than ever. This interactive session explores three major challenges facing the modern not-for-profit CFO:

  • Funding
  • Leadership
  • Technology

Learning Objectives:

  • Obtain a comprehensive understanding of the many challenges and opportunities facing today's nonprofit Chief Financial Officer
  • Idenfity ways to be an effective and successful Chief Financial Officer in a very dynamic environment

19

Tuesday
10:45AM-12:00PM

29. Understanding SOC 101 Reports – Auditors and NFP Management

Instructor: Cathy Clarke, Pete Ugo
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing, Auditing (Governmental)
CPE Credits: 1.5

This session will help NFP management and auditors improve their usage of SOC reports in overseeing their vendors and during audit engagements. SOC reports should be in every NFP manager and should be in every auditor's toolkit with NFPs increasingly relying on third-party service providers for processing transactions.

Learning Objectives:

  • Overview of SOC reports, including the different types of reports and those that are relevant to a financial statement audit
  • Walkthrough of using a SOC report in an audit, including meeting the requirements in the auditing standards
  • Best practices for using SOC reports to reduce audit risk and increase audit efficiencyThis session will help auditors improve their usage of SOC reports in audit engagements, which should be in every auditor's toolkit with NFPs increasingly relying on third-party service providers for processing transactions.

 

19

Tuesday
10:45AM-12:00PM

30. Financial Statement Transformation Under ASU 2016-14

Instructor: Richard Cole, Laurie De Armond, Kenneth Euwema
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing (Governmental)
CPE Credits: 1.5

This session will walk through a transformation of a set of NFP financial statements. Showing the statements prior to the implementation of ASU 2016-14 and a step-by-step review covering the required changes and related considerations until the financial statements are fully compliant under ASU 2016-14.

Learning Objectives:

  • Apply the requirements of ASU 2016-14 on presentation of financial statements of NFPs.
  • Analyze how the implementation impacted an actual NFP.

19

Tuesday
10:45AM-12:00PM

31. Tax Exempt Bonds: Schedule K

Instructor: Kelly Farmer, Richard Newman, Christopher Woodin
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

The session will cover topics relating to Schedule K of Form 990 and will also encompass the risks of compliance associated with Tax Exempt Bonds. Participants will learn how to compete Schedule K and will understand the compliance risks associated with the bonds listed on the Form.

Learning Objectives:

  • Participants will learn how to complete Schedule K and will understand the compliance risks associated with the bonds listed on the Form.

19

Tuesday
10:45AM-12:00PM

32. Schedule A: A Deep Dive

Instructor: Jennifer Becker Harris, Lauren Haverlock
Track: Tax
Knowledge Level: Advanced
Field of Study: Taxes
CPE Credits: 1.5

This session takes a deep dive into the Schedule A and its various tests and requirements. We will discuss the options a 501(c)(3) organization has for qualifying as a public charity and dissect the two public support calculations, discussing the benefits and drawbacks of each, and helping analyze which test is best for an organization. We will evaluate how various revenue sources impact the calculation, with a focus on program service revenue, contributions, unrelated business income and investments. We will analyze the impact of significant donors or constituents and discuss how excess contributions and unusual grants impact a calculation. All of these tools are designed to help you figure out how to recover from a drop in public support and avoid (or plan for) failure. We will also skim the surface of the updated filing requirements for supporting organizations.

Learning Objectives:

  • Assess the reason a sec. 501(c)(3) organization meets its public charity status and the various drivers for each public support test.
  • Reconstruct a Schedule A of the Form 990.

19

Tuesday
10:45AM-12:00PM

UP3. Peer Review Update - Governmental Must-Select Training Requirement (Part 2)

Instructor: James Brackens, Rick Reeder
Track: Yellow Book
Knowledge Level: Advanced
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

This session (in conjunction with the related “Part 1” session) meets the annual training requirement for reviewers of governmental engagements. It may also be of interest to those who perform firms’ internal inspections and others who wish to learn more about peer review findings in this area. Note: both Parts 1 and 2 must be attended to meet the annual peer review training requirement for reviewers of governmental engagements.

Learning Objectives:

  • This session will reinforce the lessons learned in Part 1 by having participants go through case studies and short question and answer cases on issues and problems related to the review of engagements subject to Government Auditing Standards.

12:00PM-1:00PM

19

Tuesday
1:00PM-2:15PM

33. Getting it Right! Major Programs Determination

Instructor: Troy Rector, Brittney Williams
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

We've been performing single audits under the Uniform Guidance now for a few years, but are you really comfortable with major program determination? In this session, we'll walk you through the key considerations of this critical part o the single audit process. In addition, we'll talk in depth about particular areas of this determination process that continue to challenge us all.

Learning Objectives:

  • Identify critical components of the major program determination process.
  • Analyze the more complex major program determination decision points, including loan and loan guarantees, low-risk Type A and high risk Type B assessments and low risk auditee determination.
  • Identify the more common issues that have caused major program failures in the past so your organization doesn't make the same mistakes.

19

Tuesday
1:00PM-2:15PM

34. Cybersecurity: What to Do

Instructor: Anthony Hargreaves
Track: Specialized Knowledge
Knowledge Level: Basic
Field of Study: Information Technology
CPE Credits: 1.5

During this session we will explore the cybersecurity risks to your organization. Practical guidance will be provided on actions you can take to mitigate those risks without breaking your budget.

Learning Objectives:

  • How to initiate a cybersecurity program
  • Key components of a basic cybersecurity program
  • Some technical tips for improving your cybersecurity posture

19

Tuesday
1:00PM-2:15PM

35. Not-for-Profit Industry Developments

Instructor: Jennifer Hoffman, James Summer III
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing
CPE Credits: 1.5

During this session we will discuss hot topics from the 2018 Not for Profit Entities Industry Developments publication. We will explore areas such as Economic & Industry developments, Regulatory, Accounting and Auditing developments as well as what hot topics are coming down the road in the future.

Learning Objectives:

  • Identify industry, regulatory, and economic developments affecting not-for-profit organizations.
  • Determine the audit issues impacting this year's engagements.
  • Identify the latest not-for-profit accounting concerns and developments.
  • Identify the significant issues on the horizon impacting not-for-profit organizations.

19

Tuesday
1:00PM-2:15PM

36. Not-for-Profit Financial Sustainability

Instructor: Spencer Conroy, Stuart Miller
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

This session will cover the identification of warning signs that could suggest a threat to the financial sustainability of an NFP. It will focus on early identification of these signs and how to avoid surprises in this area. It will talk about how to have these discussions with an organizations board, management and auditors. It will touch upon these issues in conjunction with the recently effective accounting guidance on going concern as well as liquidity.

Learning Objectives:

  • Identify signs of financial instability Identify accounting requirements in difficult situations

19

Tuesday
1:00PM-2:15PM

37. Tax Topics BINGO

Instructor: Lauren Haverlock, Richard Locastro, Tracy Paglia
Track: Tax
Knowledge Level: Basic
Field of Study: Taxes
CPE Credits: 1.5

Join our presenters for a wide variety of tax topics that will be educational for everyone from novices to experienced pros.

Learning Objectives:

  • Participants will be exposed to tax topics from all areas of the Code, courts and guidance affecting exempt organizations.

19

Tuesday
1:00PM-2:15PM

38. Political Activities

Instructor: Elizabeth Kingsley, John Pomkeranz
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

With the midterm election cycle in full swing, 2018 promises to be an active year on the political front. Tax-exempt organizations may engage in political activities without even knowing it. For 501(c)(3) organizations, the result can be loss of exemption. Other organizations, like 501(c)(4)s and 501(c)(6)s, may engage in such activities either directly or through a related or unrelated PAC, but they are subject to limits, reporting obligations, and possible excise taxes under federal tax law. Organizations must also navigate different definitions and requirements for reporting under campaign finance laws, to the FEC or state authorities. This session will help attendees identify what constitutes political activity for tax law purposes, assess the tax or other impact to various tax-exempt organizations, and properly report such activity on Form 990 and Form 1120-POL.

Learning Objectives: Attendees will be able to:

  • Recognize the different organizational structures that may be employed to engage in political activity
  • Identify what does and does not constitute political activity for tax-exempt organizations
  • Understand the limits on political activity by different types of organization and the possible tax liabilities for electoral activity
  • Properly capture and report political activity on Forms 990 and 1120-POL

19

Tuesday
1:00PM-2:15PM

UP4. CFOs Cookbook: Recipes For Success

Instructor: Michael Forster, Ash Noah, Ron Ries
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.5

A strong background in Finance is essential for all CFOs. The effective CFO today and in the future needs much more than fiscal acumen. Join us for an interactive dialogue on how CFOs need to be effective in this changing business landscape and adapt to a new model for managing operational success. We will focus on needed skills including professional development, adapting to a changing environment, managing up, leading by example, effective networking, leveraging new technology, among others.

Learning Objectives:

  • Apply your knowledge of best practices learned in this session to your every day work.
  • Determine how your peers effectively build skills.
  • Determine the importance of effective communications.
  • Gain guidance on resource management.

19

Tuesday
2:20PM-2:40PM

LL4. Active Planning: Collaborative, Comprehensive and Continuous. What You Wish You Had Known About Earlier

Instructor: James Meyer
Knowledge Level: None
Field of Study: None
CPE Credits: None

Not For Profit organizations are under increasing pressure for better financial stewardship, transparency and accountability from donors, regulators, boards and charity rating watch dogs. Volatility in funding and giving has put a premium on agility and forward looking strategy. Yet despite these driving needs for more complex budgets, forecasts and reports, planning is still too often living in Excel spreadsheets. Best-in-class not-for-profit organizations have adopted Active Planning, a process that is collaborative, comprehensive and continuous. Come learn how Adaptive Insights helps these not-for-profit organizations deliver a planning process that is easy, powerful and fast.

Learning Objectives:

  • General overview of the Adaptive Insights planning domain
  • Understanding of the value of Active Planning versus Static Planning (value of Adaptive Insights over Excel)

19

Tuesday
2:45PM-4:00PM

39. Internal Controls in Single Audits: Focus on Quality

Instructor: Kimberly McCormick
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

This session will cover the following areas:

  • Focus on Quality
  • Embracing COSO and Green Book concepts in Uniform Guidance (UG)
  • Understanding expectations of testing both Design and Operating Effectiveness
  • UG expectations around internal control for auditee's and auditors

Learning Objectives:

  • Distinguish expectations of testing both design and operating effectiveness
  • Identify what right and wrong looks like when testing

19

Tuesday
2:45PM-4:00PM

40. Tame Your To-Do List: Top Strategies: Overcome Your Overwhelm & Make Time for What Matters Most

Instructor: Cameron Morrissey
Track: Specialized Knowledge
Knowledge Level: Basic
Field of Study: Personal Development
CPE Credits: 1.5

This session is for leaders who want to save time and reach their goals more efficiently. Join Cameron Morrissey as he shares his best techniques for helping you take back control of your work day.

Learning Objectives:

  • Recall the concepts of prioritization, delegation and negotiation and how they work together to help you manage time.
  • Learn a method of prioritization that increases your productivity and decreases overwhelm.
  • How to limit interruptions while at the same time being MORE approachable. Specifically where to invest your time so that you create more of it.

19

Tuesday
2:45PM-4:00PM

41. Just Say 'No' to Funding

Instructor: Carolyn Mollen, Hilda Polanco, Amy West
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Business Management & Organization, Finance
CPE Credits: 1.5

It goes without saying that funding is needed to accomplish mission. However, funding continues to be a nonprofit organization's greatest challenge, and "No, Thank You!" may in fact just be the best answer to a funding opportunity. Join three nonprofit professionals in setting the path to a funding strategy that strengthens your organization, rather than depletes it. Strategic considerations in this discussion will include:

  • Is there a match between the funding level and expected results?
  • Is it time to exit a program rather than keep it alive?
  • Does the funding increase our diversification strategy?
  • Is this opportunity in line with our gift acceptance policy?

This session will leave participants with the confidence to just say "No" to certain funding.

Learning Objectives:

  • Apply a strategic and objective approach to funding and gift acceptance
  • Determine the key factors to consider prior to accepting funding and donations

19

Tuesday
2:45PM-4:00PM

42. Split Interest Agreements

Instructor: Jennifer Hoffman, Rick Wentzel
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Do you have a split-interest agreement, such as a CRT, CLT or unitrust? These split-interest agreements are created when a donor contributes assets directly to a not-for-profit organization or places them in a trust for the benefit of the not-for-profit organization, but for which the organization may or may not be the sole beneficiary. Join us for this session as we discuss:

  • Split-interest agreements: definitions and the different types of agreements
  • How to account for split-interest agreements
  • Tips and suggestions for reviewing and recording these agreements
  • Disclosure requirements within the financial statements, footnotes and the Form 990

Learning Objectives:

  • Determine how to record and report these types of agreements after Year 1.
  • Learn the disclosure requirements for both the financial statement footnotes and the Form 990.

19

Tuesday
2:45PM-4:00PM

43. NFP Accounting Game Show

Instructor: Melisa Galasso
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting, Accounting (Governmental), Auditing
CPE Credits: 1.5

Test your knowledge on recent accounting changes. We'll use a game show format leveraging technology to see who our strongest contestants are. Come ready to answer questions on the new NFP financial statement process, revenue recognition, leases and other ASUs impacting NFP entities.

Learning Objectives:

  • Determine how to record and report these types of agreements after Year 1.

19

Tuesday
2:45PM-4:00PM

44. Legal Update

Instructor: Ruth Madrigal, Charles Watkins
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

Attorneys who specialize in the nonprofit arena will present a summary of current legal issues and changes that they have been seeing in their practices. Topics will include board governance, entity formation, tax reform effects, trends in 501(c) organizational structures, and/or for profits with social purpose.

Learning Objectives:

  • Identify the current legal issues and changes that affect non-profits

19

Tuesday
2:45PM-4:00PM

UP5. Ask the Audience: Speak Your Mind

Instructor: Laurie De Armond, John Kroll
Track: Specialized Knowledge
Knowledge Level: Overview
Field of Study: Specialized Knowledge
CPE Credits: 1.5

The most pressing issues facing nonprofits will be asked and answered in this fast paced session that is interactive with its participants.

Learning Objectives:

  • Provide practical advice to assist you in dealing with real life issues you are facing provided by your peers
  • Opportunities for peer interaction and networking

4:00PM-4:15PM

19

Tuesday
4:15PM-5:30PM

45. Single Audit Sampling

Instructor: Rachel Flanders, Ellen Labita
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

Sampling in a single audit environment can be complicated. This session will offer a review of single audit sampling basics followed by multiple examples to demonstrate how various scenarios, decisions and judgments impact sampling. You'll gain hands-on experience, tips and techniques for planning and performing sampling procedures for maximum effect.

Learning Objectives:

  • Attain guidance to follow for single audit sampling
  • Gain knowledge with hands-on examples for planning and performing audit sampling procedures in a single audit environment
  • Learn how to take advantage of sampling while meeting audit standard requirements

19

Tuesday
4:15PM-5:30PM

46. Implementing Change: 3 Essential Ingredients to Efficient and Engaging Change Efforts

Instructor: Cameron Morrissey
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.5

Implementing change is an often talked about and rarely understood business management concept. There are thousands of models for understanding it, all of which work at the conscious level of understanding. This session aims to take it a level deeper. Understanding the behavioural implications of resistance at the conscious and sub-conscious levels can better prepare you for implementing change effectively.

Learning Objectives:

  • Learn the 3 essential components - communicate, absorb, engage - needed to help others adopt and implement your change.
  • Get comfortable using 4 different communications styles that will help you win with early, middle and late adopters to your change.
  • Why the most successful leaders start with their SMALLEST changes first.
  • How to know your plan's likelihood of failure or success before you start (and what specifically you need to address to make it a success)

19

Tuesday
4:15PM-5:30PM

47. Communication in the Age of Transparency

Instructor: Mitch Lewis, Ronald Ries
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Auditing, Specialized Knowledge
CPE Credits: 1.5

Communication is the binding force that defines the relationship between the client’s Board and Management Team with the Auditor’s service responsibilities. Join us in exploring the methods used in today’s environment to meet the needs to assure a positive professional experience.

Learning Objectives:

  • To discuss the value and opportunities of required communications and general communications during the financial year between the client governance and management teams and the auditor from the standpoint of both the client and the auditor.

19

Tuesday
4:15PM-5:30PM

48. Mergers & Acquisitions

Instructor: Fran Brown
Track: Accounting & Auditing
Knowledge Level: Basic
Field of Study: Accounting
CPE Credits: 1.5

Discussion of the pros and cons of exploring a merger or acquisition for your nonprofit organization. In this session, we'll provide an overview of the process as well as real-life examples of what has and has not worked for other organizations.

Learning Objectives:

  • Identify when your organization is ready for a merger or acquisition.
  • Explain the phases of a merger and the areas of greatest concern.
  • Analyze real-life merger examples to determine what to look out for and how to be successful.

19

Tuesday
4:15PM-5:30PM

49. Audit of the Future

Instructor: Brad Caruso, Dale Tuttle
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Auditing, Information Technology
CPE Credits: 1.5

Technology is constantly changing and with that change a need arises to reevaluate how we approach auditing. We are seeing more electronic transaction documentation and less paper. Clients want more data analysis and conclusions on the data. In order to stay ahead of this evolution, we need to understand and develop new techniques in auditing and learn how to gain, understand and interrogate data. This session will cover current events in data analytic techniques and topics, basic knowledge on data analytic concepts and application, and offer detailed practical guidance and illustrations.

Learning Objectives:

  • Apply current events in the accounting profession surrounding technology and data analysis to your audit engagements
  • Idenfity trends and techniques
  • Use this session information to evolve to keep up with technology

19

Tuesday
4:15PM-5:30PM

50. UBI Case Study

Instructor: Kelly Farmer, Tracy Paglia
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

Join this session for a hands-on discussion on unrelated business income. Participants will work through case studies centered around unrelated business income issues and participate in discussions on related topics.

Learning Objectives:

  • Attendees will participate in small group evaluations of unrelated business income scenarios, and group discussions of the scenarios.
  • Attendees will have an opportunity to ask questions and offer opinions on their approach to unrelated business income and weigh potential positions.

19

Tuesday
4:15PM-5:30PM

UP6. 990 Public Relations Review

Instructor: Elizabeth Krisher, Richard Locastro, John Valenzuela, Brian Yacker
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

This interactive session will include a data driven review of the Form 990 from a PR perspective. Attendees will break up into small groups and analyse the Form 990 based on assigned roles such as media, donors, etc.

Learning Objectives:

  • To provide an opportunity for attendees to ask questions, interact with peers and comment on best practices when it comes to presenting organization information within the Form 990 filing

19

Tuesday
5:45PM-6:05PM

LL5. Not-for-Profit Certificate Programs

Instructor: Ashley Whitaker
Knowledge Level: None
Field of Study: None
CPE Credits: None

Want to find out which not-for-profit certificate is right for you? Offered in two levels, these programs are designed to take you or your clients from soup to nuts on not-for-profit accounting and financial reporting, tax compliance, governance and assurance. Plus, courses are CPE and CAE eligible. Come see a demo of our award-winning certificates!

6:30AM-4:00PM

7:00AM-8:00AM

20

Wednesday
7:30AM-8:45AM

51. Common Findings and Exceptions

Instructor: Divya Gadre, Andrea Wilson
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

In this session, we will discuss common findings that auditors and auditees stumble upon during a Single Audit and discuss best practices for how findings should be written by auditors to include all necessary disclosures and provide the appropriate context. We will also explore best practices for auditees to avoid these common findings, how to respond to findings if they occur and best practices for how to remediate findings.

Learning Objectives:

  • Provide auditors and auditees the information that they need to ensure findings identified in a Single Audit contain the required information necessary to report such findings and best practices for how to provide the appropriate context.
  • Provide auditees with best practices for how to avoid common findings, and how to appropriately respond to and remediate findings in a Single Audit.

20

Wednesday
7:30AM-8:45AM

52. Attributes of High Performing Organizations

Instructor: Mark Steranka
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Personnel/Human Resources
CPE Credits: 1.5

All organizations are facing employee engagement challenges. National studies show that low employee engagement is continuing to cost organizations billions of dollars in lost productivity. Even though organizations invest significant time and resources to build a talented team, most organizations are not focused on employee engagement. Learn how a focus on four attributes of high-performing organizations can help your organization to improve employee engagement and, ultimately, increase overall organization performance.

Learning Objectives:

  • Identify critical market challenges facing employers.
  • Learn how employee engagement impacts overall business performance.
  • Gain insights on four key strategies for strengthening employee engagement and business performance.

20

Wednesday
7:30AM-8:45AM

53. What You Don't Know CAN Hurt You

Instructor: Scott Konrad
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Finance
CPE Credits: 1.5

Let's face it: risk management and commercial insurance is a specialized field with a language all its own. The average nonprofit CFO seldom has time to master the discipline, let alone proactively manage risk, and it's the rare exception that someone actually reads a set of insurance policies from front to back. This interactive session led by a nationally-acclaimed nonprofit risk and insurance practitioner will explore -- in Plain English -- the 10 most common mistakes that buyers make in arranging their asset protection. Drawing on real-life examples and anecdotes, the presenter will share practical, actionable strategies to manage hazard and operational risk, bulletproof a corporate insurance portfolio, and maximize value in today's intensely competitive marketplace.

Learning Objectives:

  • Apply today's top operational threats to nonprofits
  • Apply session information to inform decisions on commercial insurance and related services

20

Wednesday
7:30AM-8:45AM

54. Internal Controls: Ten Things You Should Know About Internal Controls

Instructor: Melissa Harman, Laura Roos
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing, Auditing (Governmental)
CPE Credits: 1.5

Don't miss this informative and easy-to-follow session about the ten things you should know about internal controls. Audit professionals will cover internal audit basics to help your financial team.

Learning Objectives: Learn how to:

  • Assess the state of controls at your organization
  • Create useful financial reporting
  • Document policies and procedures
  • Determine next steps upon receiving a management letter
  • Recognize the most common deficiencies

20

Wednesday
7:30AM-8:45AM

55. Proactive & Practical Application of the FASB Standards

Instructor: Kris Ray, Katie Thornton
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

This session will provide example analyses, tools and footnotes for nonprofits on current and new FASB standards.  The information provided will come from real life nonprofit financial statements and will explore a variety of new standards, such as CECL, leases, consolidations and service concession agreements.

Learning Objectives:

  • Apply practical applications of various NFP related FASB standards
  • Determine example disclosures

20

Wednesday
7:30AM-8:45AM

56. Operating Abroad - Risks and Reporting

Instructor: Tim Stiles, Curtis Saueressig
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

For a not-for-profit to implement activities internationally, it must navigate various risks and challenges, which include complying with in-country requirements as well as reporting back to the IRS. This session will provide a blend of technical and practical advice for attendees, covering a wide range of topics from the elements that contribute to in-country tax and regulatory exposure (permanent establishment, entry and exit considerations, and “traps for the unwary” with respect to employee travel on a global scale) to Form 990 Schedule F reporting.

Learning Objectives:

  • Participants will come away with key risk areas contributing to in-country tax exposure.
  • Participants will gain insights into reporting foreign activities on the Form 990, including Schedule F.

20

Wednesday
7:30AM-8:45AM

UP7. Health Care Organizations Revenue Recognition Unplugged

Instructor: Cathy Clarke
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

This session will dive deeper into the impact of the revenue recognition standards of health care organizations.

Learning Objectives:

  • Analyze impact of ASC 606 on health care organizations Discussion around appropriate disclosures

8:45AM-9:00AM

20

Wednesday
9:00AM-10:15AM

57. Telling a Story: Single Audit Reporting

Instructor: Laurie De Armond, Divya Gadre
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

In this session, we will explore the reporting requirements under the Single Audit Act from both the auditee and auditor perspective. We will discuss how to present findings with the appropriate context to assist Federal agencies in assessing the impact on the program and the steps management is taking to correct the issue. We will discuss any new changes or things that we have seen in practice that cause challenges for organizations and auditors.

Learning Objectives:

  • Learn about current reporting requirements under the Single Audit Act
  • Discuss best practices for reporting findings
  • Explore challenges to reporting under the Single Audit Act we see in practice and discuss ways to address these challenges

20

Wednesday
9:00AM-10:15AM

58. To Stop Fraud, You Have to A-T-T-A-C-K Fraud

Instructor: Jennifer Elder
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Auditing, Management Services
CPE Credits: 1.5

Do you know where the fraud is in your organization? Fraud can be found in every organization, but you can stop it from growing and festering. In this session, you will learn how to A-T-T-A-C-K fraud by using the fraud triangle, create a positive, anti-fraud tone-at-the-top, and conduct a fraud risk assessment in order to implement effective controls. Walk away with a set of best practices that can be implemented immediately.

Learning Objectives:

  • Identify steps to prevent fraud Discuss the three elements of the fraud triangle

20

Wednesday
9:00AM-10:15AM

59. Common NFP Financial Statement Mistakes

Instructor: John Mattie, Dennis Morrone
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing (Governmental)
CPE Credits: 1.5

As financial reporting continues to become more complicated, we will focus those in attendance on the most common financial statement deficiencies, including common peer review findings.

Learning Objectives:

  • Identify the more common financial reporting deficiencies and effective strategies to prevent them
  • Learn about common peer review findings from a financial reporting perspective and how such deficiencies can impact users of financial statements view of an organization's financial position and performance

20

Wednesday
9:00AM-10:15AM

60. Auditing Standards Board Update

Instructor: Michael Santay
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

This session will provide an update on the latest auditing standards board standard-setting activities including the proposed new auditor's report model, new projects on risk assessment and estimates, and audit evidence with a particular focus on the impact of new technologies such as blockchain, and data analytic techniques.

Learning Objectives: Recognize:

  • The impact of recently adopted or effective audit and attest standards and guidance.
  • The objectives and timing of proposed new standards.

20

Wednesday
9:00AM-10:15AM

61. Tax Reform Impact on 990 and 990-T Reporting

Instructor: Jody Blazek, Jane Searing
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

Tax reform impacts Forms 990 and 990-T even though the IRS budget didn't allow 2017 revisions. We must not only study new code, but also interpret how changes should be reported. Organizations may need to implement systems for collecting data. This session will discuss changes to the law and how practitioners can assist clients to collect appropriate information whether or not the forms change for 2018.

Learning Objectives:

  • Learn how changes in the tax law and other regulatory changes may affect tax reporting for exempt organizations.
  • Learn about other regulatory changes regarding donor advised funds, partnership audit regulations and whatever else is proposed by the Treasury Department.

20

Wednesday
9:00AM-10:15AM

62. 990 Issues for Small Organizations/Practices

Instructor: Dave Moja, Brian Yacker
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

This session will cover issues impacting small organzations and practiioners on the Form 990.
Learning Objectives:
Discern tips and traps in Form 990 filing that should be of concern to your organization.
Identify areas where other, like organizations and/or practitioners need guidance in Form 990 preparation.

20

Wednesday
9:00AM-10:15AM

UP8. Tax Issues for CFO's and Auditors

Instructor: Janice Ratica
Track: Accounting & Auditing, Tax
Knowledge Level: Intermediate
Field of Study: Auditing, Taxes
CPE Credits: 1.5

This unplugged session provides participants not focused on tax issues a forum to discuss some of the top items auditors and CFOs should look for that could be a tax red flag. This session will also provide a forum to ask questions that are relevant to their organization or issues they run across in serving as an auditor. Learning Objectives: Describe basic tax concepts affecting nonprofit organizations List general tax issues that an auditor or CFO may confront

10:15AM-10:45AM

20

Wednesday
10:20AM-10:40AM

LL6. Internet Solicitation: Does “Donate Here” Really Mean “Donate Everywhere”

Instructor: Israel Tannenbaum
Knowledge Level: None
Field of Study: None
CPE Credits: None

This Education Lab will provide a discussion of charitable contribution solicitation and the resulting compliance issues it can create.

Learning objectives:

  • Understanding what creates nexus when soliciting charitable contributions.
  • Oracle

20

Wednesday
10:45AM-12:00PM

63. Advanced Single Audit Issues

Instructor: Mary Foelster, Brittney Williams
Track: Yellow Book
Knowledge Level: Advanced
Field of Study: Auditing (Governmental)
CPE Credits: 1.5

This session will discuss several of the more advanced nuances of performing a single audit. Topics covered will include: Planning issues; Performance issues; Reporting issues; and Your questions!

Learning Objectives:

  • Interpret advanced single audit topics
  • Evaluate areas that often cause confusion among experienced auditors in a single audit

20

Wednesday
10:45AM-12:00PM

64. Preparing for a Successful Audit

Instructor: Rick Wentzel
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing, Auditing (Governmental)
CPE Credits: 1.5

Most smooth and successful audits require significant coordination between both the auditor and the auditee. How can you better prepare for your next audit? What are some tips that might make your next audit your best audit? We will discuss some actions that can be performed during the year to help ensure no surprises at audit time. Tips will also be obtained from the attendees.

Learning Objectives:

  • Coordinate better between auditor and auditee.
  • Identify actions to be performed during the year to reduce time during the audit.
  • Learn from your peers what has worked and what has not.

20

Wednesday
10:45AM-12:00PM

65. Grants and Contracts to NFPs: Implementing the New ASU

Instructor: Cathy Clarke, Jeffrey Mechanick, Andrew Prather
Track: Accounting & Auditing, Yellow Book
Knowledge Level: Advanced
Field of Study: Accounting (Governmental), Auditing (Governmental)
CPE Credits: 1.5

This session will be a deeper dive into the ASU, beyond what is covered in the GAAP Update session. It will provide a detailed walkthrough of categorizing grants/contracts as either exchange transactions (contracts with customers under ASC 606) or contributions (nonexchange transactions), as well as then determining when a contribution transaction is conditional or unconditional. The session will include several examples and implementation guidance for NFPs to prepare for and manage the impacts to their financial statements.

Learning Objectives:

  • Through both discussion and examples, develop a detail understanding of the requirements of the new ASU and associated implementation matters.
  • Clarify that understanding further through the opportunity to ask questions of the session panelists.

20

Wednesday
10:45AM-12:00PM

66. Accounting and Auditing for Estimates

Instructor: Melissa Harman, Pete Ugo
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing
CPE Credits: 1.5

This session will cover the areas in nonprofit accounting that require significant estimates and give the preparer and auditing perspective on these matters. Examples will be covered in:

  • Discounts on long-term receivables including pledge receivables
  • Collectability and allowances on receivables
  • Allowances on inventories
  • Valuation and impairment of investments
  • Deferred revenue, liabilities and swaps
  • Allocations of expenditures
  • Useful lives and impairment of long-lived assets 
  • Donated goods and services

Learning Objectives:

  • Participants will identify where estimates are used in the financials
  • Session will provide clarity on the responsibilities of management vs. auditors in relation to estimates

20

Wednesday
10:45AM-12:00PM

67. Audit/Tax: Maximizing a Symbiotic Relationship

Instructor: Anthony Panico, James Mulroy
Track: Accounting & Auditing, Tax
Knowledge Level: Intermediate
Field of Study: Auditing, Taxes
CPE Credits: 1.5

This presentation will provide an “out of the box” look at diverse topics in the not-for-profit world as they relate to audit and tax reporting and concepts. The session will help you learn how an audit and tax team can work together to streamline the audit and tax process. Topics covered will include differences in GAAP v. tax reporting on the Form 990, unrelated business income identification, internal controls and Form 990 governance. Pertinent recommendations will be shared as they relate to best practices in these overlapping areas.

Learning Objectives:

  • Learn how tax can work in conjunction with audit team to streamline processes.
  • Learn "Best Practices" regarding audit/tax efficiencies and functions.

20

Wednesday
10:45AM-12:00PM

68. Executive Compensation Issues: Form 990, Schedule J, Deferred Compensation, and More

Instructor: Eddie Adkins, Stephen Clarke
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

With the IRS employing data-driven decision making, and with tax reform a major topic of discussion, it is time to take a look at executive compensation matters, including the world of Form 990 compensation reporting, deferred compensation, excess benefit transactions, fringe benefits, etc. This session will team up two seasoned professionals to explore these issues.

Learning Objectives:

  • Determine common issues associated with reporting executive compensation on Form 990, including Schedule J
  • Explore the impact of tax reform provisions on compensation paid by not-for-profit entities

12:00PM-1:00PM

20

Wednesday
1:00PM-2:15PM

69. Single Audit Failures: Lessons From Quality Reviews

Instructor: Diane Edelstein, Erica Forhan, Carl Mayes
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Accounting (Governmental), Auditing (Governmental)
CPE Credits: 1.5

What has the biggest impact on single audit quality? This past year, the AICPA Peer Review Program conducted a study of single audit engagements and identified three factors that strongly correlated to quality performance. The study also provided insights into the most common areas of non-conformity in single audits and uncovered misconceptions that are creating challenges for practitioners. Learn more about the study results and the actions your firm can take in this session.

Learning Objectives:

  • Identify the factors that correlated to quality in single audits and the steps firms and SAOs can take to perform high-quality engagements
  • Identify the most common areas of non-conformity in single audits and what is required under professional standards

20

Wednesday
1:00PM-2:15PM

70. Solidify Your Success: Discover Your Personal Brand

Instructor: Jennifer Elder
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Personal Development
CPE Credits: 1.5

Whether it is deliberate or not, you have a brand. Your brand is how your coworkers perceive you. It is developed from how you look, talk, and act. Your brand affects everything from how people respond to you, whether people want to work with you, whether you get the plum assignments, and whether you get that desired promotion. Discover what your current brand message is and how you can deliberately change or strengthen your brand.

Learning Objectives:

  • Identify the various elements that create your personal brand Learn what brand you project to others

20

Wednesday
1:00PM-2:15PM

71. Winning the Talent Game

Instructor: Andrew Slatter, Shaara Roman
Track: Specialized Knowledge
Knowledge Level: Intermediate
Field of Study: Personnel/Human Resources
CPE Credits: 1.5

Are you concerned about 'Winning the Talent Game?' You aren't alone. Multiple surveys of CEOs, including those by PwC, KPMG and Deloitte, all cite talent and culture as a priority for CEOs and other leaders. 56% of the CEOs in Deloitte's 2016 study report that their companies are not ready for the leadership needs. In KPMG's 2015 Global CEO outlook survey, CEOs cite hiring and retaining the right talent a priority. If you are a CEO, CFO, C-suite executive, or people leader you won't want to miss this opportunity to engage! Join this session to hear about the latest research and trends to help you shape your talent strategy to appeal to a multi-generational workforce, including the latest GenZ's.

Learning Objectives: After participating in this session, you will:

  • Determine the needs of the Millennials and Gen Z's in the workplace
  • Differentiate in creating an engaging culture
  • Identify latest trends in recruiting, leadership development and performance management

20

Wednesday
1:00PM-2:15PM

72. A&A Ask the Experts

Instructor: Moderator: Chris Cole, Panelists: Melissa Harman, Scott Steffens, James Summer III, Brian Zygmunt
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing
CPE Credits: 1.5

Ask questions to the A&A experts! Our experts will address any questions you may have and discuss technical issues that have surfaced over the past few years.

Learning Objectives:

  • Apply lessons learns from issues faced by others in practice.

20

Wednesday
1:00PM-2:15PM

73. Tax Issues for Religious Organizations

Instructor: Dave Moja, Charles Watkins
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

This session will cover legal and tax issues relevant to religious organizations.

Learning Objectives:

  • Learn about recent developments in tax rules.
  • Identify various issues and trends that may be affect your organization's tax reporting and best practices.

20

Wednesday
1:00PM-2:15PM

UP9. Executive Compensation - Questions and Answers

Instructor: Eddie Adkins, Stephen Clarke
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

This 'unplugged' session will provide an opportunity to ask two seasoned practitioners questions about executive compensation in not-for-profit entities. There will be no formal presentation. Instead, the entire session will be devoted to answering your questions.

Learning Objectives:

  • Identify key questions that not-for-profit entities are raising regarding executive compensation
  • Learn how not-for-profit entities are addressing various executive compensation issues

2:15PM-2:30PM

20

Wednesday
2:30PM-3:45PM

74. Transforming Ideas Into Action: Best Takeaways for Real-Life Results

Instructor: Moderator: Andrew Prather, Panelists: Laurie De Armond, Michael Forster, Melisa Galasso, Jane Searing
Track: Accounting & Auditing, Specialized Knowledge, Tax, Yellow Book
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing (Governmental), Taxes
CPE Credits: 1.5

We know that you can't attend every session. Share your ideas and learning throughout the event, then join this panel of industry experts as they recap the best and most current ideas that surface throughout the conference, including accounting and auditing standards, new tax law and implementation best practices. Leave the conference with actionable ideas that you can implement when you return to the office. Topics will include information from sessions within all four tracks of content.

Learning Objectives:

  • Identify usable best ideas for implementation within your practice
  • Determine how to integrate the ideas you have gained into your best practices