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Live Webcast

2018 Not-for-Profit Organizations Accounting Conference


Total Credits: 16 including 7 Accounting - Technical, 4 Auditing- Technical, 1 Business Law - Technical, 1 Economics - Technical, 2 Specialized Knowledge - Technical, 1 Taxes - Technical

Average Rating:
   29
Categories:
Accounting and Auditing |  Industry |  Partner Produced |  Tax
Speakers:
Jeffrey D. Mechanick |  James Davis, Esq. |  Kenneth C. Euwema |  Daniel J. Hevia, CPA |  Lee Klumpp, CPA, CGMA |  Petar Besalev, CISA, CIPT, CCSK
Course Levels:
Update
Duration:
16 Hours
Product Type:
Live Webcast
License:
Product Setting: Expires 40 day(s) after program date.

Dates
Schedule at a glance


Description

Amy Mierjewski - Chair  Joel DiCicco - Vice Chair

Learn new tricks, best practices and boost your know-how about keeping not-for-profits lean, clean and compliant.

Not-for-profit employees, and CPAs with not-for-profit clients, must ensure their organizations operate efficiently and effectively.  The Not-for-Profit Organizations Conference will provide you with the tools you need to keep your company dependable, on top, and making the most of its resources.  You'll learn the latest on revenue recognition, rating methodology, fraud, audit issues, dashboards, peer review and much more.  Gain critical knowledge, and get your questions answered, at Florida's best not-for-profit conference in Tampa, Ft. Lauderdale or on line.

 

Thursday, May 17, 2018

8:00 - 8:10 am - Introductions & Opening Remarks

8:10 - 9:00 am - The Agenda in Washington and the Impact on Your Organization, (1TB); James, Davis, Esquire

9:00 - 9:50 am - FASB Update, (1AA); Jeffrey D. Mechanick, CPA, CGMA

9:50 - 10:05 am - Break

10:05 - 10:55 am - The Impact of Revenue Recognition updates on Nonprofits, (1AA); Jeffrey D. Mechanick, CPA, CGMA

10:55 - 11:45 am - Implementing ASU 2016-14-Been There Done That; (1AA); Kenneth C.  Euwema

11:45 am - 12:40 pm - Lunch Break

12:40 - 1:30 pm - Audit Standards Update, (1AA); Daniel J. Hevia, CPA

1:30 - 2:20 pm - Peer Reviews of Not-for-Profits Audits (1AA); Daniel J. Hevia, CPA

2:20 - 2:35 pm - Break

2:35 - 3:25 pm - Practical Applications of New ASUs (Implementation Guide of ASC 606, NFP Financial Reporting, and Leases); (1AA); Lee Klumpp, CPA,CGMA

3:25 - 4:15 pm - Understanding Cybersecurity: How to Secure Your Organization and Why it Matters (1TB); Petar Besalev, CISA, CIPT, CCSK

 

Friday, May 18, 2018

8:05 - 8:10 am - Opening Remarks

8:10 - 9:00 am - Charity Navigator’s Rating Methodology (1TB); Gillian Elgo

9:00 - 9:50 am - IRS Initiatives and Focus Areas; (1TB); Margaret von Lienen

9:50 - 10:05 am - Break

10:05 - 10:55 am - DOR Audit Issues; (1TB);

10:55 - 11:45 am - Employment Law/HR Law/Independent Contractors vs EEs; (1TB); Todd s. Aidman, Esquire

11:45 am - 12:40 pm - Lunch Break

12:40 - 1:30 pm - Guide Td Efficient Single Audits (1AA);Robert M. Mainelli, CPA

1:30 - 2:20 pm - GASB and Yellow Book Update (1AA); Joel A. Knopp, CPA

2:20 - 2:35 pm - Break

3:25 - 4:15 pm - Fraud, Lies and Hermes Ties, (2AA); Aaron Beam

Basic Course Information

Learning Objectives
  • Learn about the changes issued in the recent Accounting Standards Update
  • Explore the latest information on revenue recognition
  • Examine the Single Audit Efficiencies
  • Understand your Fiduciary Responsibilities
  • Learn how to detect fraud in not-for-profits

Major Subjects
  • Fraud
  • Single Audit
  • Fiduciary Responsibilities
  • Peer Review
  • FASB Updates
  • Data Security
  • Dashboards
  • Rating Methodology
  • Revenue Recognition

Course Materials

Speaker

Jeffrey D. Mechanick's Profile

Jeffrey D. Mechanick Related Seminars and Products

FASB Assistant Director-Nonpublic Entities

Financial Accounting Standards Board


Jeff Mechanick is Assistant Director for Nonpublic Entities at the FASB.  In that role, he provides strategic and technical oversight of all activities involving not-for-profit (NFP) organizations and private companies, chairs the FASB’s Not-for-Profit Advisory Committee, oversees support of the Private Company Council, and participates in some of the FASB’s broader outreach activities. He is also a member of the Technical Advisory Group of the International Financial Reporting for Nonprofit Organizations initiative (#IFR4NPO).

Jeff has also been the overall lead staff member for the Blue-Ribbon Panel on Standard Setting for Private Companies and the FASB/IASB Financial Crisis Advisory Group. 


Prior to joining the FASB staff in 2006, Jeff spent 20 years working in and with the not-for-profit sector, as the CFO of Planned Parenthood Federation of America, Inc., and before that, as a Senior Manager with KPMG, LLP, in the firm’s New York office.  From 1992 to 1994, he served as the National Technical Senior Manager for the firm’s Higher Education, Research, and Other Not-for-Profit Organizations (HERON) practice.  He is also a past member of the AICPA’s NFP Expert Panel.  Jeff received his MBA from Rutgers University and his AB from the University of Chicago, and he is a member of the AICPA and the New York State Society of CPAs.  He is also a part-time lecturer (adjunct instructor) in Columbia University’s MS program in Nonprofit Management.



Kenneth C. Euwema's Profile

Kenneth C. Euwema Related Seminars and Products

Vice President - Controller

United Way Worldwide


Ken joined United Way Worldwide in November of 2003 and currently serves as the Vice President - Controller. Among his duties are responsibility for oversight of UWW's accounting and financial reporting, organizational risk management, establishment of member financial accountability standards and member compliance with those standards.

 

He has served for 7 years as a member of the FASB Non-profit Advisory Committee, and as United Way Worldwide's liaison with other organizations such as the Internal Revenue Service, the US Office of Personnel Management's Department of CFC Operations, the Better Business Bureau Wise Giving Alliance, and the World Bank Foundation. Ken is a frequent speaker at conferences, seminars, and webinars on a variety of topics including, preparation of non-profit audited financial statements, USA government required tax exempt organizational reporting, collaboration and merger among non-profits, maintaining strong internal controls, building reserves, good governance, and ethical practices. Ken also created and teaches the very popular Introduction to United Way Financial Operations and Accountability courses. Ken is a graduate of Western Michigan University and lives in Springfield Virginia with his wife of 30+ years and their two college-age children.



Lee Klumpp, CPA, CGMA's Profile

Lee Klumpp, CPA, CGMA Related Seminars and Products

National Assurance, Director for the Nonprofit & Education Industry BDO


Lee Klumpp is BDO’s National Assurance, Director for the Nonprofit & Education Industry. Lee recently completed a fellowship at the Financial Accounting Standards Board (FASB). During Lee's fellowship, he led the FASB's project to reexamine existing standards for financial statement presentation by not-for-profit entities, focusing on improving the net asset classification requirements and information provided in financial statements and notes about liquidity, financial performance, and cash flows. He also focused on various FASB agenda projects and implementation and emerging practice problems in the nonprofit industry. His responsibilities included making recommendations to the Board on technical issues and developing and drafting Accounting Standards Update.

Lee has 20 years of experience serving a diverse group of nonprofit organizations while working for BDO and previously in the audit practices of Ernst and Young, LLP and KPMG. In his role at BDO, he spends a significant amount of time researching, writing, and disseminating information related to recent accounting and auditing pronouncements promulgated by the FASB, the Governmental Accounting Standards Board (GASB), the Office of Management and Budget, the Government Accountability Office, the Auditing Standards Board, and other groups that provide guidance for the nonprofit industry. Additionally, Lee is an accomplished speaker and has spoken on various not-for-profit accounting, governance auditing, internal control, governance, financial reporting, and single audit issue topics related to nonprofit organizations around the country.


Petar Besalev, CISA, CIPT, CCSK's Profile

Petar Besalev, CISA, CIPT, CCSK Related Seminars and Products

Director of Cyber Risk and Privacy

A-lign


Petar Besalev is responsible for overseeing all security services, including PCI DSS, penetration testing, FISMA, FedRAMP and privacy assessment services at A-LIGN. He has provided IT security, audit, consulting and compliance services for Fortune 500 companies in multiple industries including manufacturing, financial, healthcare, government, and more.?


Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For

CPAs and financial professionals practicing in, or have clients in, the not-for-profit area


Original Recording Date 05/17/2018
Yellow Book No
Course Developer FICPA
Date Added to Catalog 01/19/2018

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method Group Internet Based
Course Registration Requirements

Online Registration 


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Reviews

5
4
3
2
1

Overall:      4.2

Total Reviews: 29

Comments

Chrisy I - Helena, Montana

"The webinar version of this course was great and I had no problems with technology. Thank you for making this so easy!"