Not-for-Profit Industry Conference 2018

• 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

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

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.

• 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.
• Learn common errors in accounting and reporting endowments and take away ideas on what to watch out for to avoid making these mistakes

Join this session for an update on the latest technology buzzwords. Cryptocurrency, Blockchain, A.I., EU GDPR, and more. Learn the details behind these buzzwords and how they are relevant to your organization.

• 1. Learn simplified definitions of some key technical terms
• 2. Get updated on new technologies impacting the NFP space
• 3. Learn some of the pros and cons of new emerging technologies

This session will review current developments in the federal tax law, including tax regulations, IRS rulings, court opinions, and pending legislation (including U.S. Tax Reform bills/law). The focus will be on the TE/GE fiscal year 2018 work plan, qualification for exemption, application for recognition processes and litigation, public charity status, supporting organizations, donor-advised funds, the commerciality doctrine, the private foundation rules, governance, the private inurement and private benefit doctrines, legislative and political campaign activity, unrelated business, joint ventures, use of subsidiaries, fundraising, and charitable giving law.

• 1. Identify the import of TE/GE FY 2018 work plan. 
• 2. Analyze IRS private letter ruling policies.
• 3. Apply recent court decisions to applicable tax scenarios. 
• 4. Identify contents of tax reform legislation/law.

Come to this important session to gain insights into current EO-related developments, including:

• IRS and Treasury EO tax reform guidance

• Current IRS EO initiatives

• Current EO-related guidance projects

• Legislative changes and updates for EOs

After this session, you will be able to:
- Identify legislative developments in the tax-exempt organizations area
- Identify regulatory developments in the tax-exempt organizations area.

The focus will be the benefits to single audit quality when auditors have the single audit certificate and use the tools available via the AICPA and GAQC. This will not be a selling session but a presentation of tools to improve audit quality.

After participation in this session, you will be able to:
1. Identify how the single audit resources and certificates can help you improve audit quality.
2. Obtain single audit resources for use on your engagements.

As we mark the tenth anniversary of the global financial crisis, what does the future hold for endowed nonprofit institutions? This session will outline the often-conflicting forces that are shaping the world of nonprofit investing, and will lead a discussion among attendees about how these institutions are meeting challenges to their governance structures.

Attendees will learn:
-The forces shaping the investment environment for endowed nonprofit institutions
- The governance challenges that are being faced by these institutions

Healthcare premiums have spiraled out of control - continually rising with no relief in sight. During this challenging period, employers have needed to shift all or part of these costs to employees. The fact that wages are stagnant or rising slowly, puts great pressure on the company's workforce. The Dilemma Companies Face: How to Address this Imbalance. This is where CFOs, Controllers, and Finance can play a major role - by helping to cut back costs and thus narrow the gap between employee premiums and compensation. This session will discuss the benchmarks, levers employers can pull, and demonstrate various case studies to illustrate the impact of some of the techniques.

• Understand the state of the market and benchmarks
• Learn the cost containment strategies available to the marketplace
• Talk through real life case studies of several strategies

In a recent industry study, 80 percent of nonprofit finance professionals say their organization plans to grow in the next 12-18 months. Nonprofit growth presents its own unique set of challenges, and, if not managed properly, can actually hurt your organization. With challenges and opportunities in mind, how do you prepare your budget, staff, and organization for growth? In this session, we’ll look deeper into industry research exploring growth trends in the nonprofit sector. This session will focus on the impact of growth across a nonprofit organization, from budget planning, increasing compliance complexities, shifts in the workforce to growth strategies around grants, and new revenue sources. We’ll dive into specific tips and suggestions to help you get the most out of the data in the study and prepare your organization for successful growth.

• Evaluate growth strategies through a risk management framework
• Prepare for internal controls and processes for increased compliance complexities
• Develop people strategies to accommodate for growth
• Identify technology requirements for accommodating growth

It is more critical than ever that organizations maintain the highest level of trust for funders, donors, lenders and the public at large. In this Solutions Session, we will look at ways poor internal controls damage trust and the expensive price organizations pay to rebuild trust once lost.

• Identify where internal control failures damage stakeholder trust.
• Describe ways to integrate all areas of the organization in strengthening your internal control framework.

• Identify legal issues associated with accounting reporting requirements.
• Analyze the risks and legal traps for accountants and their nonprofit clients who prepare and submit financial reporting forms to states.

• Determine allocation of costs vs indirect cost rates
• Apply the use of deminimus cost of 10%

In this session you will receive an overview of ERM, various ERM models or Frameworks and a discussion of the critical success factors and impediments to sustaining an ERM Program.

After the session you will understand and be able to discuss:
- What is ERM
- Why do "ERM"
- The critical success factors for an ERM Program
- Typical "roadblocks" or "impediments" and strategies for dealing with them

Use ERM in strategic planning to achieve organizational goals and mission.