Check out last year’s agenda for a sneak peak at the type of content we offer.
Check back soon for the full 2020 agenda!

10

Monday
8:00AM-9:40AM

NOT19101. Introduction to Not-for-Profit Accounting

Instructor: Melisa Galasso, Rick Wentzel
Track: Accounting & Auditing
Knowledge Level: Basic
Field of Study: Accounting
CPE Credits: 2.0

This workshop provides an overview of the major differences between nonprofit entities and commercial entities. We will do a deep dive into proper accounting for net asset classes, endowments, agency transactions, and financial statement formats. This workshop will not cover differences related to contributions which is covered in a separate offering. We'll close with a fun game to test your knowledge!

Learning Objectives:

  • Identify the unique aspects of nonprofit accounting
  • Describe net assets and proper classification
  • Identify the differences in nonprofit financial statement presentation.

10

Monday
8:00AM-9:40AM

NOT19102. Single Audit: Identifying and Testing Applicable Compliance Requirements

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

The recent AICPA's recent Peer Review Study of Single Audits identified problems with not properly assessing compliance requirements as being direct and material. This workshop will walk through the process of determining what compliance requirements are applicable and required to be tested during a single audit, as well as developing an audit approach that provides us with the evidence we need to support the compliance opinion.

Learning Objectives:

  • Identify the most common nonprofit revenue streams
  • Distinguish between the unique accounting requirements applicable to nonprofit revenue streams
  • Determine how to effectively design an audit approach including the benefits of different testing approaches

10

Monday
8:00AM-9:40AM

NOT19103. Diving into the Details of the Form 990

Instructor: Jeff 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.

Learning Objectives:

  • Identify common errors in NFP financial statements.
  • Apply strategies, tips and tricks for preventing these common errors

10

Monday
8:00AM-9:40AM

NOT19104. Making Connections That Last: Networking with a Purpose

Instructor: Jennifer Elder, Chrissy Jones
Track: CGMA
Knowledge Level: Intermediate
Field of Study: Communications and Marketing, Personal Development
CPE Credits: 2.0

The ability to develop a strong network outside of your organization can make or break your career. But for many finance professionals, making a lasting impression can be daunting. How do you break through the noise? How do you stay connected? Join us and learn the secrets of effective networking and personal branding in an interactive and fun-filled session.

Learning Objectives:

  • Develop an understanding of purpose of and strategy behind networking
  • Learn tips and tactics on how to utilize social media and digital communication to reach your audience where they’re consuming content
  • Learn how to present yourself to make an impression
  • Discover techniques to start and follow-up on conversations

10

Monday
9:50 AM-11:30AM

NOT19105. Single Audit: What Needs to be Reported and How

Instructor: Amanda Ward, Brittney Williams
Track: Yellow Book
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
CPE Credits: 2.0

This workshop will help participants review the single audit and yellow book reporting requirements.

Learning Objectives:

  • Identify the most common nonprofit revenue streams
  • Distinguish between the unique accounting requirements applicable to nonprofit revenue streams

10

Monday
9:50 AM-11:30AM

NOT19106. Form 990-T: Rolling Up Your Sleeves

Instructor: Kelly Farmer, Dick Locastro
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 2.0

Identifying and analyzing unrelated business income and completing Form 990-T continues to be a challenge, especially in light of changes brought about by TCJA. This session will use real life case studies to analyze revenue streams, identify possible exceptions available under the IRC, evaluate expense allocations to minimize an organization’s tax liability, and discuss how the income and expenses are reported on Form 990-T.

Learning Objectives:

  • Identify common errors in NFP financial statements.
  • Apply strategies, tips and tricks for preventing these common errors

10

Monday
9:50 AM-11:30AM

NOT19107. Succesion Planning for Nonprofit Organizations

Instructor: Barry Bregman, Tom Ziemba
Track: CGMA
Knowledge Level: Intermediate
Field of Study: Personnel/Human Resources
CPE Credits: 2.0

Succession planning consistently ranks top on Nonprofit Board and executive lists of concerns. Learn from a top human capital recruiting firm, best practices for preparing for an executive's impending retirement and developing a succession plan.

Learning Objectives:

  • Geared both to public and private, how to develop the next generation of leaders and pass along knowledge and client relationships effectively.

10

Monday
9:50AM-10:40AM

NOT19108. Introduction to Contributions & Revenue Streams

Instructor: Kris Ray, Pete Ugo
Track: Accounting & Auditing
Knowledge Level: Basic
Field of Study: Accounting
CPE Credits: 1.0

This session will provide a high level introduction to the various revenue streams common to NFPs.
o Contributions/donations
o Grants
o Exchange transactions
o Program service fees
o Agency transactions
o In-Kind contributions

Learning Objectives:

  • Identify the most common nonprofit revenue streams
  • Distinguish between the unique accounting requirements applicable to nonprofit revenue streams

10

Monday
10:50AM- 11:40 AM

NOT19109. Common Financial Statement Errors in NFP Entities

Instructor: Kris Ray, Jeff Zeleji
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing
CPE Credits: 1.0

An introduction to common errors that NFPs make in their financial statements and how to avoid them.

Learning Objectives:

  • Identify common errors in NFP financial statements.
  • Apply strategies, tips and tricks for preventing these common errors

11:40AM-12:45PM

12:45PM- 1:00 PM

10

Monday
1:00PM-1:50PM

NOT1901. Keynote: "Not Some Dusty Attic”: The Smithsonian’s Bold Plan to Adapt to a Rapidly Changing World

Instructor: Michael McCarthy
Track: CGMA
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.0

In this session, attendees will hear the engaging story of how the Smithsonian’s leadership has embarked on this strategic approach, the success and a few lessons learned from a bold capital campaign, and takeaways for how attendees might apply the lessons learned to address their own organization’s challenges.

Learning Objectives:

  • Determine how to engage stakeholders, including expanding generational connections,
  • Overcoming challenges with the organization’s brand and changing perceptions including lack of understanding how the institution is funded,
  • Embracing technology and new platforms to reach a broader audience,
  • Lessons from a vast capital campaign, and Considerations of a global footprint (brand, logistics and risks).

10

Monday
2:05PM-3:20PM

NOT1902. Best Practices in Documenting Internal Controls for Risk Assessments

Instructor: Melisa Galasso, Kris Ray
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Auditing
CPE Credits: 1.5

A study by the AICPA's Peer Review Program found that more than one in 10 firms are not properly assessing risk or linking their assessments to their audit procedures. Of these deficiencies, 40% related to failure to gain an understanding of internal control when identifying the client's risks. Without understanding the nature of the client's controls, auditors can't identify related risks or design appropriate responses. This course will review the best practices in proper documentation of control risks for risk assessment.

Learning Objectives:

  • Recognize factors that should be considered when conducting your audit risk assessment
  • Identify best practices in documenting control risks as part of the audit risk assessment

10

Monday
2:05PM-3:20PM

NOT1903. Effective Internal and External Financial Reporting at Nonprofits

Instructor: Fran Brown, Sibi Thomas
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

This session will examine methods of effective internal and external financial reporting at nonprofits, with a focus on the content and methods of financial reporting to the board, senior management and outside stakeholders. We will cover topics on ratio analysis, board reporting, cash and liquidity information and profit and loss by program. In addition, we will discuss what is relevant financial information to analyze the financial condition for effective decision making.

Learning Objectives:

  • Identify methods for effective external financial reporting and how to apply effective internal financial reporting tools for the board of directors and senior management.
  • Evaluate key elements of analysis and reporting using ratio analysis, benchmarking and profit and loss analysis for effective financial reporting.
  • Select sources of relevant financial data

10

Monday
2:05PM-3:20PM

NOT1904. 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: 2019 OMB Compliance Supplement; latest Uniform Guidance and single audit developments, news from the Governmental Audit Quality Center; and the single audit landscape looking forward.

Learning Objectives:

  • Evaluate the 2019 Compliance Supplement.
  • Analyze the latest single audit developments.
  • Determine expected future single audit activities.

10

Monday
2:05PM-3:20PM

NOT1905. Tax Confidential: Issues Under the Radar

Instructor: Eve Borenstein, Ruth Madrigal, Alexander Reid
Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes, Business Law
CPE Credits: 1.5

Over the last 1.5 years, we've all been focused on the TCJA, but there have been other developments impacting Non-Profits. This session will discuss them.

Learning Objectives:

  • Determine change of law risks
  • Analyze trends in tax policy
  • Distinguish new laws other than TCJA

10

Monday
2:05PM-3:20PM

NOT1906. Future Finance: Strategic Skills for the 21st Century

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

The rate of change will never be slower than it is today! Unfortunately, what got you here won't keep you here. It isn't enough to be a technical expert. The future of finance is strategic - becoming a value-added partner to your organization, your constituents, and your donors. Successful organizations need a forward-thinking finance team to strategically navigate the future. Do you have what it takes to guide your organization into the future? Learn the top ten skills to be strategic, successful, and future-ready now! Become distinct or become extinct!

Learning Objectives:

  • Recognize that the role of finance is undergoing historic transformation
  • Identify the top 10 skills to be strategic, successful and future ready
  • Determine how to become a value added partner to key constituents

10

Monday
3:25PM-3:45PM

NOT19LL01. Education Lab: How to Become a Data-Driven Nonprofit Finance Leader

Instructor: Joan Benson
Knowledge Level: Intermediate
Field of Study: None
CPE Credits: None

As a nonprofit finance leader, you need fact-based data analytics to provide lines of sight across the organization and enable you to make informed decision. You need to transition from historical scorekeeper to future-focused data-driven strategist, but how? Join us for this education lab and learn practical steps you can take to become a data-driven nonprofit finance leader. Sit in in as we discuss:

Learning Objectives:

  • The changing role of nonprofit finance leadership – past, present, and future
  • Best practices for becoming a data-driven strategist
  • Features needed in a financial system to enable you to become data-driven
  • Success stories of how nonprofit CFOs used data-driven strategies to advance their mission

10

Monday
3:50PM- 5:30 PM

NOT1907. FASB/GAAP Update

Instructor: Rick Cole, Jeff Mechanick
Track: Accounting & Auditing
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 2.0

This session will provide an overview of recent Accounting Standards Updates (ASUs), including a focus on implementation matters concerning Grants & Contracts to NFPs (ASU 2018-08); NFP Financial Statements (ASU 2016-14); Revenue Recognition (Topic 606); and Leases (Topic 842). The session will include discussion of the FASB’s projects on collections and goodwill of NFPs (final ASUs expected to be issued by then), as well as provide an overview of other significant FASB projects-in-process.

Learning Objectives:

  • Analyze situations requiring the adaption of new accounting standards impacting not-for-profits.
  • Identify changes to US GAAP and FASB projects in process.

10

Monday
3:50PM- 5:30 PM

NOT1908. View From the IRS, Treasury and the Hill

Track: Tax
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 2.0

10

Monday
5:45PM-6:05PM

NOT19LL02. Education Lab - Shattering the Uncertainty: Moving forward with CGMA Skills

Instructor: Ken Witt
Knowledge Level: Intermediate
Field of Study: None
CPE Credits: None

Technology is a major force that is driving disruption and uncertainty in all organizations. In this session, Ken will share executive interview findings on the CGMA Future of Finance project, and the new competencies needed to navigate these changing times with confidence.

Learning Objectives:

  • Recognize the technologies that are disrupting business and not-for-profit organizations
  • Understand the technology factors affecting the accounting profession
  • Identify the new competencies needed to lead your organization successfully