Packages Display Packages

This includes sessions from the conference: Not-for-Profit Industry Conference 2018

Sessions Included:

Welcome and Introductions & Keynote Presentation: Purpose - Personal Journey and Professional Career (Jun 18, 2018 11:45 AM)

The New Yellow Book (Jun 18, 2018 01:00 PM)

Board Governance (Jun 18, 2018 01:00 PM)

Accounting for Endowments and Annuity and Life Income Gifts (Jun 18, 2018 01:00 PM)

Technology Update: Understanding the Latest Buzzwords and Changes That Impact Our Industry (Jun 18, 2018 01:00 PM)

Tax Law Update (Jun 18, 2018 01:00 PM)

Update on the IRS, Treasury & the Hill (Jun 18, 2018 02:45 PM)

Single Audit Resources and Certificate (Jun 19, 2018 06:00 AM)

The Way Forward: Governance and Investment Policy for Endowed Nonprofits (Jun 19, 2018 06:00 AM)

Containing Costs in Healthcare: What Can Employers Do? (Jun 19, 2018 06:00 AM)

Managing the Complexities of Nonprofit Growth (Jun 19, 2018 06:00 AM)

How to Build Trust with Internal Controls (Jun 19, 2018 06:00 AM)

Accounting Liabilities of State Reporting Forms: Regulatory Enforcement Issues (Jun 19, 2018 06:00 AM)

Latest Trends: Indirect Costs (Jun 19, 2018 07:00 AM)

ERM: A Practical Approach (Jun 19, 2018 07:00 AM)

Navigating the Rough Waters Ahead: Implementation of New Standards (Jun 19, 2018 07:00 AM)

Peer Review Update - Governmental Must-Select Training Requirement (Part 1) (Jun 19, 2018 07:00 AM)

The Impact of Blockchain to Nonprofits (Jun 19, 2018 07:00 AM)

Accounting Liabilities of State Reporting Forms: Q&A (Jun 19, 2018 07:00 AM)

Single Audit Update (Jun 19, 2018 08:00 AM)

How to Increase Diversity in Not-for-Profits (Jun 19, 2018 08:00 AM)

Technology and Mission: An Essential Pairing (Jun 19, 2018 08:00 AM)

Breaking Down Alternative Investments (Jun 19, 2018 08:00 AM)

Private Foundation Case Studies: 10 Myths of Private Foundations (Jun 19, 2018 08:00 AM)

Top 3 Unrelated Business Income Tax (UBIT) Things (Jun 19, 2018 08:00 AM)

It All Starts Here: SEFA Chronicles (Jun 19, 2018 09:45 AM)

The Evolving Role of the CFO: The Sequel (Jun 19, 2018 09:45 AM)

Understanding SOC 101 Reports - Auditors and NFP Management (Jun 19, 2018 09:45 AM)

Tax Exempt Bonds: Schedule K (Jun 19, 2018 09:45 AM)

Schedule A: A Deep Dive (Jun 19, 2018 09:45 AM)

Peer Review Update - Governmental Must-Select Training Requirement (Part 2) (Jun 19, 2018 09:45 AM)

Getting it Right! Major Programs Determination (Jun 19, 2018 12:00 PM)

Cybersecurity: What to Do (Jun 19, 2018 12:00 PM)

Not-for-Profit Industry Developments (Jun 19, 2018 12:00 PM)

Not-for-Profit Financial Sustainability (Jun 19, 2018 12:00 PM)

Tax Topics BINGO (Jun 19, 2018 12:00 PM)

Political Activities (Jun 19, 2018 12:00 PM)

CFOs Cookbook: Recipes For Success (Jun 19, 2018 12:00 PM)

Internal Controls in Single Audits: Focus on Quality (Jun 19, 2018 01:45 PM)

Tame Your To-Do List: Top Strategies: Overcome Your Overwhelm & Make Time for What Matters Most (Jun 19, 2018 01:45 PM)

Just Say 'No' to Funding (Jun 19, 2018 01:45 PM)

Split Interest Agreements (Jun 19, 2018 01:45 PM)

NFP Accounting Game Show (Jun 19, 2018 01:45 PM)

Legal Update (Jun 19, 2018 01:45 PM)

Single Audit Sampling (Jun 19, 2018 03:15 PM)

Implementing Change: 3 Essential Ingredients to Efficient and Engaging Change Efforts (Jun 19, 2018 03:15 PM)

Communication in the Age of Transparency (Jun 19, 2018 03:15 PM)

Mergers & Acquisitions (Jun 19, 2018 03:15 PM)

Audit of the Future (Jun 19, 2018 03:15 PM)

UBI Case Study (Jun 19, 2018 03:15 PM)

990 Public Relations Review (Jun 19, 2018 03:15 PM)

Common Findings and Exceptions (Jun 20, 2018 06:30 AM)

Attributes of High Performing Organizations (Jun 20, 2018 06:30 AM)

What You Don't Know CAN Hurt You (Jun 20, 2018 06:30 AM)

Internal Controls: Ten Things You Should Know About Internal Controls (Jun 20, 2018 06:30 AM)

Proactive & Practical Application of the FASB Standards (Jun 20, 2018 06:30 AM)

Operating Abroad - Risks and Reporting (Jun 20, 2018 06:30 AM)

Telling a Story: Single Audit Reporting (Jun 20, 2018 08:00 AM)

Common NFP Financial Statement Mistakes (Jun 20, 2018 08:00 AM)

Auditing Standards Board Update (Jun 20, 2018 08:00 AM)

Tax Reform Impact on 990 and 990-T Reporting (Jun 20, 2018 08:00 AM)

990 Issues for Small Organizations/Practices (Jun 20, 2018 08:00 AM)

Advanced Single Audit Issues (Jun 20, 2018 09:45 AM)

Preparing for a Successful Audit (Jun 20, 2018 09:45 AM)

Accounting and Auditing for Estimates (Jun 20, 2018 09:45 AM)

Audit/Tax: Maximizing a Symbiotic Relationship (Jun 20, 2018 09:45 AM)

Executive Compensation Issues: Form 990, Schedule J, Deferred Compensation, and More (Jun 20, 2018 09:45 AM)

Single Audit Failures: Lessons From Quality Reviews (Jun 20, 2018 12:00 PM)

Winning the Talent Game (Jun 20, 2018 12:00 PM)

A&A Ask the Experts (Jun 20, 2018 12:00 PM)

Tax Issues for Religious Organizations (Jun 20, 2018 12:00 PM)

Transforming Ideas Into Action: Best Takeaways for Real-Life Results (Jun 20, 2018 01:30 PM)

Fundamentals of Not-for-Profit Accounting

Jun 18, 2018 7:00am ‐ Jun 18, 2018 8:40am

Identification: NOT18101

Not-for-profit organizations have to abide by several accounting and reporting requirements that are unique to their industry. This workshop will take a fresh look at NFP accounting and reporting requirements, provide a few simple "tricks of the trade" and give participants an overview of several basic/fundamental accounting and financial reporting items that are prevalent within the not-for-profit industry. Topics covered will include accounting for contributions, endowments, net assets, and various other accounting and financial reporting topics. This workshop is ideal for those who are new to the not-for-profit industry, as well as a refresher for more experienced individuals.
  • Attendees will learn about several fundamental accounting items that are unique to not-for-profit organizations
  • Workshop will provide an overview, including examples, of financial reporting for not-for-profit organizations

Practical Implementation of Procurement

Jun 18, 2018 7:00am ‐ Jun 18, 2018 8:40am

Identification: NOT18102

Given the changes in the Uniform Guidance, particularly related to procurement, this workshop is geared to helping participants with practical implementation strategies in understanding adoption (and survival) techniques in both implementing and auditing the new standards.
  • Design procurement policies in compliance with the Uniform Guidance.
  • Gain insight into practical implementation of the Uniform Guidance as it relates to procurement.

Uncover the Mystery: What it Takes to Become an Excel Analyst

Jun 18, 2018 7:00am ‐ Jun 18, 2018 8:40am

Identification: NOT18104

Do you find yourself sleuthing around Microsoft Excel, wanting to uncover the analytics features it provides and wishing you knew more? Attendees will learn about new and existing analytics features within Excel. Excel features can make even the most rote daily tasks more efficient. Other features, such as Excel charts and reports, can assist you in becoming more strategic in your role.

Attendees will leave with practical examples of how to use these features as well as resources for future, self-guided learning. The workshop is recommended for those with at least a foundational level of competency related to Excel and its capabilities. Attendees will:
• Identify uses for Office 365, Office’s subscription service that provides ongoing new value and high impact for your work and business.
• Apply data to examples of Excel analytics fundamentals, including lookup formulas and PivotTables.
• Compare chart types to help visualize data.
• Use the one-click forecasting feature to make predictions on data.
• Use Power Query, a tool used for automated, repeatable importing and cleaning up substantial amounts of data in Excel. Data can come from a wide variety of sources including SQL, CSV, and web pages.
• Use Power Pivot, a tool used when working with large (1M+ rows) data sets within Excel.

  • Identify and apply new and existing analytics features within Excel.
  • Obtain practical examples of how to use these features as well as resources for future, self-guided learning.

Indirect Cost Proposals

Jun 18, 2018 8:50am ‐ Jun 18, 2018 10:30am

Identification: NOT18105

Many institution's must engage in the process of negotiating federal indirect rates. Non-profits face unique challenges in preparing, submitting and negotiating indirect rates. As we go through this process, many of us often wonder if we've done everything we can do within the constraints of federal regulations in order to maximize our institution's negotiated indirect rate and resulting indirect cost recovery. In this workshop, we will discuss strategies that may be employed to maximize indirect cost recovery, both in the preparation of your indirect rate proposal as well as during the subsequent rate negotiation and budgeting of indirect costs on grants and contracts.

  • Identify what an indirect cost rate is, its importance and the various types of costs recovered through the indirect rate.
  • Explore different types of rates and how they impact recovery and understand the process for preparing, submitting and negotiating the rate under the Uniform Guidance.

From Hard Work to Operational Excellence

Jun 18, 2018 8:50am ‐ Jun 18, 2018 10:30am

Identification: NOT18107

Focusing on the three foundational components of Operational Excellence, "effective teams, integrated technology systems, and efficient workflow”this session will leave participants with a renewed vision of what it means to operate at the highest levels to support the achievement of outcomes. Key concepts will include:
-Maximizing staff capacity in the finance function
-Leveraging technology to increase efficiency,
-Automating workflow each step of the way.
  • Analyze practical applications to improve operating efficiency
  • Determine how to effectively use resources and automation to achieve operating excellence

Introduction to Accounting for Endowments

Jun 18, 2018 8:50am ‐ Jun 18, 2018 9:40am

Identification: NOT18108

This workshop provides a deep dive on this accounting topic for those that are new to NFPS or experienced CPAs that need a refresher. The workshop will focus on:

- Overview of UPMIFA, including key concepts in the uniform act and common differences as implemented in state law

- GAAP requirements for accounting and financial reporting for endowments, including what will change and what will not under ASU 2016-14

- Examples of options for reporting endowment balances and activity in the financials

- Examples of footnote disclosures

- Introductory level Deep dive session on this accounting topic, including UPMIFA and what changes and what doesn't under the new NFP Financial Reporting ASU

  • Apply the basics for accounting for endowments to your client situations
  • Determine how the new financial reporting ASU will change current accounting for endowments

Introduction to Split Interest Agreements

Jun 18, 2018 9:50am ‐ Jun 18, 2018 10:40am

Identification: NOT18109

Many not-for-profit organizations rely on split-interest agreements, also known as planned giving, to support their long-term missions. Would you know a split interest agreement if you saw it? Would you know how to account for it? This workshop will cover accounting for the various types of split interest agreements, including charitable lead trusts, charitable gift annuities, pooled income funds, and gifts of real estate with a retained interest. Through various examples of these types of gifts, we will cover the GAAP requirements for initial recognition (including what assumptions and estimates to use), subsequent re-measurement, and financial statement presentation and disclosure. We will explore best practices for controls surrounding identifying, tracking, and recording such agreements.
  • Record the various types of split-interest agreements, including initial entries
  • Learn when and how to re-measure split-interest agreements and how to report them.

Welcome and Introductions & Keynote Presentation: Purpose - Personal Journey and Professional Career

Jun 18, 2018 11:45am ‐ Jun 18, 2018 12:50pm

Identification: NOT1801

Purpose can be powerful, palatable, and transformative if we understand its true meaning on a multitude of levels -- individual, collective, systemic -- and how to activate it in a unified manner. Hear from PwC’s Chief Purpose Officer about how a purpose mindset transcends generations, supports talent development and workplace engagement while creating shared value.
  • Recognize how your organization can create a culture that attracts and cultivates more engaged employees
  • Learn why being purpose-driven can lead to better business performance

The New Yellow Book

Jun 18, 2018 1:00pm ‐ Jun 18, 2018 2:15pm

Identification: NOT1802

This session will provide the status of the GAO's update to Government Auditing Standards.

  • Recall the status of the updates to the Yellow Book and effective date for auditors and organizations.
  • Indicate the plan for CPE requirements related to the Yellow Book

Board Governance

Jun 18, 2018 1:00pm ‐ Jun 18, 2018 2:15pm

Identification: NOT1803

Given increased accountability to constituents, donors and regulators for accuracy and integrity of business operations, heightened expectations of boards for transparency and effectiveness, and greater media coverage of lapses in good governance, strong board performance is essential. When done right, governance activities of boards can not only provide needed oversight, but can contribute in meaningful ways to organizational success - and mission achievement. In this presentation, we will address key governance principles for Boards in the not-for-profit sector, focusing on modes of governance, responsibilities of the board and of individual trustees, characteristics of high performing boards and current governance issues and associated best practices.

The presentation will be based on Grant Thornton's "Not-for-Profit Board Guidebook", which covers governance best practices, as well as the issues trustees face as they do their work.

  • To clarify the key roles and responsibilities of NFP boards as an integral part of an organizaton's governance structure. To define what makes boards successful.
  • To address issues regarding accountability, integrity, fiscal stewardship and board operating procedures.
  • To identify key governance issues that trustees need to address to perform their responsibilities effectively.