Nonprofit organizations drive change. There is a lot riding on their missions, performance, and financial statements. Get ready to connect with other nonprofit auditors and financial leadership over the sector’s newest challenges, emerging trends and standards implementation as we fortify the accounting side of change.
Looking for extra flexibility? You can attend the program virtually, instead. Click here for details on the virtual option.
PRICING DETAILS
Register early to take advantage
of the best price! Please note, discounted pricing is already reflected in the
online price. No promo code is needed.
Through September 8: $200 MICPA
Members / $350 Non-Members
September 9 - September 22: $220 MICPA Members /
$370 Non-Members
September 23 - October 6: $240 MICPA Members / $390
Non-Members
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After registering for this event, you can customize your sessions via 'My Registrations'
The Right Tools for Building a Better Nonprofit
Strategy
As nonprofit organizations face a multitude of new
challenges, a strategic approach is essential to improving organizational
performance and achieving the mission. Create your own ‘toolbox’ of processes
and strategies that provide a framework for moving forward and allocating
resources in the face of new developments. From aligning the team behind an
organizational strategy to implementing a process funnel, we have a set of tools
that you can use to approach any nonprofit strategy.
Leon LaBrecque,
JD, CPA, CFP®, CFA – Executive Vice President, Head of Planning Strategy, Sequoia Financial Group,
Troy
09:35 AM - 10:25 AM
Winning the War for Talent – Post
Pandemic
Record numbers of vacant positions, escalated turnover,
decreased engagement/morale and significant retirement levels make up the
post-pandemic state of talent in our country. Who will succeed in this new
environment and how will they win? We focus on practical tools that will allow
you to design and implement a strategy for attracting and retaining talent into
the coming years.
Jim Bitterle, BBA, MBA – Managing Partner,
EDSI Consulting, Dearborn
10:35 AM - 11:25 AM
The Nonprofit Guide to Closing the GAAP on New
Standards
While some nonprofit organizations began implementing the
new Leases and Credit Losses standards issued by the FASB at the end of 2022,
others are still in the process. Discuss best practices for implementation,
including classification, accounting and disclosure of leases and determining
which assets are subject to the Credit Losses standard and which are not. Then,
explore the current FASB agenda, including potential updates to crypto assets
and software costs.
Laurie Horvath, CPA – Partner,
Not-for-Profit Practice Leader, Baker Tilly US, LLP,
Southfield
11:35 AM - 12:25 PM
01:10 PM - 02:00 PM
Post-COVID Money Matters
With the
official end to the national public health emergency earlier this year, the many
forms of COVID-19 relief funds are at or nearing the end of their runway – for
individuals, for schools, for governments and for nonprofit organizations. As
excess funds runout, discuss considerations and strategies nonprofit
organizations can implement to continue pursuing their mission while adjusting
to post-pandemic fiscal restraints amid rising demand for services.
02:10 PM - 03:00 PM
Do Your Audit Risk Assessments Pass the
Test?
Recent updates to audit risk assessment requirements
introduced by SAS No. 145 intend to help auditors avoid making assertions that
might be susceptible to misstatement. Review the inherent risk factors set forth
by SAS 145, including how to apply its prescribed changes to your audit risk
assessment process.
David Arman, CPA, MBA – Senior Manager –
Audit Quality, AICPA, Durham, NC
03:10 PM - 04:00 PM
Minding the P’s & Q’s of NFP Accounting Best
Practices
In the profit sector, accounting tends to focus on profit,
but not-for-profit (NFP) accounting pays special attention to accountability.
Use these best practices for following the agreed upon procedures of NFP
accounting to ensure organizational programs are delivering the best value to
stakeholders.
Abby Fakhoury, CPA – Assurance Manager,
Plante Moran, Southfield
Melissa L. Stein, CPA – Assurance Manager,
Plante Moran, Southfield
Moving Forward With
ESG
Environmental, social and governance (ESG) planning within the
nonprofit sector has largely revolved around compliance and mitigation. Discuss
the broad scope of ESG reporting, including its relationship to financial
reporting, integration methods and the opportunities it presents for
communication of an organization’s impact and mission.
Tim Duflo, CPA – Partner, Audit &
Assurance, Deloitte & Touche LLP, Grand Rapids
04:10 PM - 05:00 PM
Ethical Considerations: Tips for Navigating
NOCLAR
When it comes to handling the transition of clients between
different audit service providers, ethics dictate that concerns regarding fraud
or noncompliance be shared. In fact, two AICPA committees are dedicated to
providing clarity around these circumstances. Find out what your obligations are
according to the Auditing Standards Board (ASB) and the Professional Ethics
Executive Committee and walk away with a better approach to both employer and
client noncompliance with laws or regulations (NOCLAR).
Raymond T.
Rowe, CPA, JD – Attorney, Raymond T. Rowe, PC, Troy
Not All Heroes Wear Capes: Cybercrime
Edition
Nonprofit organizations are a prime candidate for
cybercrime, as sensitive information regarding staff, volunteers and donors are
a valuable prize among criminals. Examine the current cybersecurity climate and
review recent high-profile cases to gather insight into today’s top threats.
Plus, determine best practices for preventing and responding to cyber incidents.
Robert Cote
– President, Security Vitals, Clarkston