Focus on the challenges and opportunities facing nonprofits:
- How nonprofit organizations are leveraging AI to create new opportunity.
- The Uniform Grants Guidance 2024 Revision and its impact on audits.
- A discussion of your questions and challenges with our panels of nonprofit CFOs and tax experts.
Nonprofit organizations drive change. A lot is riding on their missions, performance, and fiscal wellness. Connect with nonprofit auditors and financial leaders over the sector’s newest challenges, emerging trends and standards implementation as we fortify the accounting side of change.
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 26: $209 MICPA Members / $359 Non-Members
September 27 - October 10: $229 MICPA Members / $379 Non-Members
October 11 - October
24: $249 MICPA Members / $399 Non-Members
CPAs who are auditing, employed by or on the board of a not-for-profit organization.
- Accounting
- Regulatory Ethics
- Taxes
- Multiple Speakers
After registering for this event, you can customize your sessions via 'My Registrations'
KEYNOTE PRESENTATION: Heartfelt Leadership: How Ethical Leaders Build Trusting Organizations 1.0 ET Details
Heartfelt Leadership: How Ethical Leaders Build
Trusting Organizations
Leaders provide the culture, environment, values and
incentives that foster and encourage change. Most importantly, great leaders
create environments of trust that allow employees to challenge, innovate and
work as teams. Understand the qualities of a great leader and find out how you
can become a great and heartfelt leader no matter your title or place in an
organization.
Bob Mims, CPA – For
profit/Nonprofit CFO, Memphis, TN
09:30 AM - 10:20 AM
Comprehensive Philanthropic Strategy - Why You
Should Be Thinking 30 Years in Advance
Most organizations follow an
annual budget cycle or a five-year strategic plan. Others in philanthropy
engage in comprehensive campaigns. While these are important, research
suggests that nonprofits should be asking about their philosophy for revenue and
mission thirty years from now. This session will provide research and
interactivity with participants on thinking about the collective big picture and
why planned giving is the crucial element of the longer-term
strategy.
Bob Mims, CPA – For profit/Nonprofit CFO, Memphis,
TN
Good prep makes for a smoother audit process. Gear up for your next audit with a refresher on best practices with financial statements, general ledgers and effective management from both sides of the audit fence.
Joseph Cruitt, MBA – Senior Vice President-Chief Administrative and Finance Officer, American College of Healthcare Executives, Chicago, IL
Abby Fahkoury, CPA – Not-for-Profit Assurance Manager, Plante Moran, Detroit
10:30 AM - 11:20 AM
Deficiencies, or a lack of understanding, in a nonprofit’s board of directors can result in significant harm to an organization’s reputation, efficacy and financial viability. Create strategies for sound board governance by exploring effective approaches to overcoming common challenges and improving education and processes for key areas, including board recruitment, retention, recognition, succession planning and more.
Kathryn L. Davis, MSM – Board Chair, Leader Dogs for the Blind, Rochester
Lorene Suidan, CPA – Chief Operating Officer, Leader Dogs for the Blind, Rochester
Mistakes happen, but not all of them are inevitable. Discuss the most common accounting and reporting errors found in nonprofit financial statements, from disclosures to cashflow, and develop reliable strategies for avoiding them.
Gary W. Bishop III, CPA – Director, Forvis Mazars, Fort Wayne, IN
11:30 AM - 12:20 PM
Analyze nonprofit dysfunction caused by leadership behavior in this session. Through a series of questions and key terms, we explore a real-life case study, identifying specific leadership behaviors that contributed to dysfunction and negative outcomes. The session concludes with an open discussion to brainstorm potential solutions.
Andrew Melton, CPA, MPA – President, Andrew I. Melton, CPA, Detroit
Endowment Accounting
Nonprofit
organizations are no strangers to endowments, but why are endowments reported
and accounted for in the way they are today? Examine the rules and reporting
requirements associated with endowments for a deeper understanding of the
process as well as their restrictions.
Steve Guarini, CPA –
Partner, Cohen & Company, Detroit
KEYNOTE PRESENTATION: Using AI Effectively In Not-For-Profit Organizations 1.0 OT Details
Using AI Effectively In Not-For-Profit
Organizations
Discover how AI tools like ChatGPT, Gemini, and
Copilot can transform your accounting and audit processes in the nonprofit
sector. We explore practical applications, from issuing prompts to safeguarding
data, ensuring you leave ready to enhance your organization's efficiency and
productivity with AI.
Thomas G. Stephens, Jr., CPA, CGMA,
CITP – Shareholder, K2 Enterprises, Woodstock, GA
02:10 PM - 03:00 PM
Now in its second year of implementation, the new lease accounting standard, FASB ASC Topic 842, remains a challenge for many organizations grappling with the costs and complexities of accounting for leases on the balance sheet and disclosure in the footnotes. Examine the recent amendments as well as other challenges such as determining the present value of leased assets, evaluation of materiality, sample disclosures, and more.
Duane Reyhl, CPA, CGMA – Audit and Accounting Partner, AHP, Midland
There are 16 different schedules that are a part of Form 990, but not every schedule is required for every nonprofit organization. Review the various Form 990 schedules and learn to identify when a particular schedule must be filed along with tips for completing them.
Linda Cooper, MBA – Senior Associate, Rehmann, Troy
03:10 PM - 04:00 PM
Many organizations are strategizing around talent shortages, finding innovative ways to meet goals with limited staff. Determine best practices for meeting mission goals and ensuring internal controls to stay compliant, even when short-handed.
Joshua Pascoe, CPA (Inactive) – Director, Protiviti, Indianapolis, IN
Kathy Spearing – Regional Vice President Managed Business Solutions, Protiviti
The Uniform Grants Guidance 2024 Revision issued by the Office of Management and Budget includes several updates to the guidance that governs both the management of and audit requirements for federal funds. Assess the changes and determine their impact on audits, including single audit thresholds, de minimis rate negotiation, internal controls and more.
Dan Merritt, CPA, MBA, CGFM – Assurance Senior Manager, Rehmann, Detroit
04:10 PM - 05:00 PM
Planning and performing single audits and engagements under SAS No. 145 requires auditors to think critically about the risks of material misstatement. Explore the nuances of performing an assessment of both material noncompliance and inherent risk while understanding the differences between SAS No. 145 and SAS No. 148 and the practical application of each.
Josh Gill, CPA – Not-for-profit Assurance Manager, Plante Moran, Kalamazoo
In many respects, adhering to grant compliance requirements is just as important as winning the award in the first place. Whether you’ve received funding from a federal agency or a private foundation, there’s more to do than simply meet program objectives and deliverables. Staying compliant creates an on-going relationship between your organization and your funder and is integral to the successful implementation of any award, regardless of the funding source. Unfortunately, many organizations view compliance solely as a finance or administrative task when, in fact, organizations should take a multi-disciplinary approach to compliance. In this session, we will discuss ways to engage programmatic staff in grant compliance activities, and why it’s critical to do so
Nakia Bell – Director of Finance, Brookings Metro, Brookings Institution, Washington, D.C.
Kelly Metz – Principal, O’Connor Consulting Services, LLC, Bethesda, MD
Member
Non-Member