Identification: NOT2215
Due to the trillions of dollars flowing into the economy from COVID-19 related legislation, many NFPs are now facing a challenge of having to administer federal grants in accordance with applicable regulations. This session will discuss the post-federal award requirements of 2 CFR 200 (Uniform Guidance) as to systems and controls that should be in place to avoid non-compliance with the applicable regulations.
Identification: NOT2216
Deep dive into the various Schedule A public support tests, focusing on the first four Parts of Schedule A,; more specifically covering some of the "per se" publicly supported entity types referenced in Part I, the calculation of the Part II and III public support ratios, the different Types of supporting organizations referenced in Part IV, and tips and tricks for maintaining public charity status.
Identification: NOT2217
Three risk experts lead a discussion on how risk mitigation strategies can protect your not-for-profit organization.
Identification: NOT2222
The number one priority – talent! With the ‘great resignation’, new ways of working and a re-set of aspirations, the availability of skilled finance personnel is now a top priority for finance leaders. As a result, leading finance organizations are investing more in finance upskilling and reskilling. One clear result of the Covid-19 pandemic has been the rapid acceleration of the digital transformation of our economy. Accompanying this digital transformation is an acceleration of changes to the critical skills, capabilities and mindsets that businesses need from their finance function. It is therefore vital to develop a strategic and sustainable approach to acquiring, developing and retaining a diverse pool of accounting and finance talent. In this session, the panel will speak to how they have reset and evolved their approach to talent development and upskilling. And how organizations have used models such as the CGMA Competency Framework to develop finance capability and talent needed to drive changes to their digital business and operating model.
Identification: NOT22SS02
What are this year's key considerations when preparing for your organization's annual financial statement audit? Carole and Jennifer will provide accounting and auditor perspectives to help ensure your organization has a smooth and painless audit.
Identification: NOT22SS03
Develop the know-how, tools and plans for system optimization and selection (SOS) related to your operational and financial management software needs. Successful system selection begins with a thoughtful, comprehensive approach to identifying your prioritized user requirements, well defined goals, and the inclusion of all organization stakeholders. During this session, we will outline the major steps required to accurately select a new software system, or optimize your current application environment.
Identification: NOT22SS04
Has your website domain been blacklisted without your knowledge? Are visitors not coming to your site because it’s flagged as unsafe? Are your donor lists being shared on the dark web? Learn the best practices for monitoring and protecting your organization’s most valuable asset: your reputation. Understanding your reputation risk goes way beyond just googling your company name. In this session, we will cover the many ways your online reputation can be compromised and offer recommended tools available for monitoring these risks. We will also discuss remediation steps for addressing any issues uncovered.
Identification: NOT22SS05
Change is constant and often comes at a rapid pace. An unpredictable crisis, such as COVID-19, can be looming just around the next corner. While unexpected storms can quickly disable passive or reactive leaders and result in dire consequences for an organization, other leaders are able to make intelligent changes to confront, thrive and emerge successfully from a crisis. Strategy is an ever evolving process. Strong leaders who proactively put the right people, processes and technology in place, before disaster strikes, recognize opportunity and rise up to take calculated risks. They create short and long-term plans adaptable to a changing and highly competitive landscape. In this session, we will look back and forward with one veteran nonprofit CEO who led and guided his organization through pervasive disruption and extreme uncertainty to turn the corner on COVID stronger than ever.
Identification: NOT2224
Leveraging off the Leases Overview session, this session will dive deeper into the new lease session going through examples of what does and doesn’t qualify under the new lease definition as well as learning how to record the journal entries and other implementation concerns.
Identification: NOT2225
Allowable activities/allowable costs is a compliance area that auditors frequently report audit findings and questioned costs. This session will discuss the cost principles of Uniform Guidance as it relates to general principles, direct vs. indirect costs and specific cost area that give grantees the most challenges in their efforts to be compliant.