Not-for-Profit Organizations Conference - Online (NFPWEB)
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Overview:
Our focus is to ensure a quality and engaging conference experience for both our virtual and in-person attendees. To optimize your experience, we are offering a replay of the Not-for-Profit Conference.
The FICPA Not-for-Profit Accounting Conference is the ONLY state-wide conference focused specifically on the unique needs of the nonprofit sector. We’re all set to bring together a community of CPAs and other professionals who work with nonprofits including financial officers, board members, staff of nonprofit organizations, and more!
This conference will cover general updates and advanced-level content, current trends, changes, and tools you need to best serve your organization. It's specifically designed to give you key knowledge to take back to your organizations.
Top 5 Reasons to Attend:
• Receive the Economic Update for Not-for-Profits
• Learn about Fraud and how to prevent it happening to you
• Review the latest in employment law, including cross state contracts for those remote employees.
• Receive the latest in Peer Review
• Learn how to recruit and retain talent.
We want you and your staff to take advantage of this great opportunity, groups of 5 or more from the same organization can register for a group discount. Call member services at 1-800-342-3197.
CPE Credit:
This conference qualifies for up to 16 hours of CPE credit and is subject to change. CPE credit is subject to approval by the Florida Department of Business and Professional Regulation. The type of credit is dependent upon breakout selection.Conference Materials:
Conference reference materials are distributed to registrants electronically in advance of the program. This fully searchable PDF includes speaker presentations and is intended for electronic use only.Follow the FICPA on twitter @ficpa and use #ficpaNPC to tweet about this conference.
Schedule:
Thursday, June 8, 2023
Oopening Remarkes and NFP & Property Taxes / Sales & Use Tax
Time: Thursday 7:30am - 8:30am Credits: 1 TB
This class is designed to provide non-profit organizations with a comprehensive understanding of sales and property taxes, and how to navigate them in a way that is both compliant and cost-effective. In this course, you will learn about the different types of sales and property taxes that apply to non-profits, including exemptions and exclusions that may be available to your organization. Whether you are a non-profit executive, board member, or financial manager, this class will provide you with valuable insights into this complex area of tax law.
Presenters:
FASB Update
Time: Thursday 8:40am - 10:20am Credits: 2 AA
This session will update attendees on the latest developments in GAAP (implementation matters for recent standards; new ASUs) and current FASB projects of interest to NFPs. We’ll leave time for your questions, so please bring them!
Presenters:
Unrelated Business Taxable Income (UBTI): Application to Not-for-Profit/Tax-Exempt Organizations
Time: Thursday 10:40am - 11:30am Credits: 1 TB
This session will provide the attendee with an understanding on the ways that a not-for-profit/tax exempt organization could be subject to federal and possibly state corporate income tax from engaging in activities that are unrelated to the organiziation's tax-exempt mission.
The presenters will review the IRS rules governing UBTI as well as review common transactions that generate UBTI as well as the statutory exceptions from UBTI.
Further, the presenters will also address some strategies to help tax exempt organizations mitigate UBTI exposures.
Presenters:
Lunch
Time: Thursday 11:30am - 12:30pm
Peer Review
Time: Thursday 12:30pm - 1:20pm Credits: 1 AA
Get the most current updates on Peer Review including the new Clarified Peer Review Standards and updates on recent trends of findings in peer review.
Presenters:
Risk Management and Insurance for Non Profits - Adjusting to the "New Normal"
Time: Thursday 1:40pm - 2:30pm Credits: 1 AA
"Temporary" Challenges stemming from economic and social shifts have become long term trends. The successful nonprofit will have to adapt to those changes in order to thrive.
Presenters:
The Demand for Skilled Talent
Time: Thursday 2:40pm - 3:20pm Credits: 1 TB
The Demand for Skilled Talent is your look into the hiring trends making noise across the country — including a proprietary methodology that rates how in demand certain jobs are. The latest version looks at how the hiring market is handling fears of a recession and how employers are dealing with persistent retention struggles as the quit rate remains high. Plus, find out where the job market is the hottest, with key insights into local postings, in-demand roles and which roles are yielding the greatest rates of remote opportunities.
Presenters:
Investment Market Review
Time: Thursday 3:40pm - 4:20pm Credits: 1 TB
This review will provide a general overview of investment markets and opportunities, and current updates on market performance and opportunities.
Presenters:
Classifying Workers Correctly
Time: Thursday 4:30pm - 5:20pm Credits: 1 TB
Misclassifying workers is a common mistake made by employers of all kinds – nonprofits included. Doing so can result in serious consequences, including back wages and taxes owed, as well as violations of federal and state employment laws with associated penalties. These mistakes can also result in dissatisfied employees, risking a negative effect on the nonprofit’s mission.
Presenters:
Friday, June 9, 2023
Opening Remarks
Time: Friday 8:00am - 8:05am
Jeanine Bittinger, CPA, Director Audit & Insurance Services, Saltmarsh, Cleaveland & Gund, CPAs
Opening Session & The FTC Safeguards Rule - Its almost here, it applies to your practice, and how to prepare for it.
Time: Friday 8:00am - 8:55am Credits: 1 AA
The Safeguards Rule requires financial institutions under FTC jurisdiction to have measures in place to keep customer information secure. Starting June 9, 2023, CPA firms are covered by this rule. Learn how to make sure your practice complies with this rule from a cybersecurity standpoint.
Presenters:
Single Audit/Florida Single Audit
Time: Friday 9:00am - 9:50am Credits: 1 AA
Overview of the Single Audit process, while focusing on updates to the Uniform Guidance. In addition, discuss common errors identified in the reviews of Single Audits.
Presenters:
Tax Credits
Time: Friday 10:10am - 11:00am Credits: 1 AA
This course will provide an update and overview of some of the tax credits available for non-profits.
Presenters:
Independence and Competence Under Government Auditing Standards
Time: Friday 11:05am - 11:55am Credits: 1 AA
This session will review the independence and competence standards under Government Auditing Standards. The session will focus on results of peer reviews and oversite inspections and provide insights as to ways auditors can ensure compliance with these standards.
Presenters:
Lunch
Time: Friday 11:55am - 12:45pm
Current Expected Credit Losses for Not-for-Profit Organizations
Time: Friday 12:55Pm - 1:45pm Credits: 1 AA
At the end of this presentation participants will be able to:
* Identify the provisions of ASU 2016-13 and evaluate how they relate to NFPs
* Evaluate their implementation (or implement them if in industry)
* Prepare appropriate disclosures
ASU 2016-13, Financial Instruments - Measurement of Credit Losses on Financial Instruments (ASC 326) was issued approximately six years ago. It, like the revenue recognition and lease standards, was deferred due to standards overload. Not-for-profits will implement this standard for years beginning after December 31, 2022.
The standard, which is often erroneously thought to only affect financial institutions, stresses that financial assets have credit risk throughout the holding period and that risk is present at origination. Not-for-profits will find that accounts receivable, guarantees of financial obligations of others, programmatic loans and other notes receivable are the accounts most likely to be affected by this standard. This presentation will discussion implementation and disclosures that will be important to not-for-profits.
Presenters:
Economic Update
Time: Friday 1:50pm - 2:40pm Credits: 1 TB
This session will provide an overview of the current state of the Florida economy. This presentation may cover a wide range of topics that impact the economy, such as unemployment rates, inflation trends, and more.
Presenters:
Current Trends in Fraud
Time: Friday 2:50pm - 3:40pm Credits: 1 AA
This presentation will discuss the most prevalent fraud trends today. It will cover techniques fraudsters are using to succeed in committing fraud. It will also conver what you can do to reduce the risk of being a victim of fraud. Last, it will conver what to do if you are a victim of fraud
Presenters:
Objectives:
- Learn how to recruit and retain talent
- Receive FASB Updates
- Expand your knowledge on Employment Law and Cross State Contracts with Remote Employees
- Explore the Single Audit for Auditors
- Explore Not-for-Profit and Property Taxes and Use Tax
- Discuss Fraud and the Not-for-Profit
Presenters:
-
Jeffrey D Mechanick, CPA, CGMA
Jeff Mechanick is Senior Project Advisor for Not-for-Profit Organizations at the FASB. In that role, he provides organization-wide technical and strategic advice on standard-setting activities affecting the not-for-profit sector, guides and facilitates stakeholder outreach with the sector, chairs the FASB's Not-for-Profit Advisory Committee, and participates in some of the FASB's broader...
Read more about Jeffrey D Mechanick here -
Karen Ann Lake, CPA
?Karen is the leader of State And Local Tax (SALT), research and development tax credit and credits / incentive consulting services with Berkowitz Pollack Brant Advisors and Accountants. She has twenty years of experience providing state and local tax consulting services to multi-state clients in virtually every industry.Her prior professional opportunities enable her to bring a 360 degree...
Read more about Karen Ann Lake here -
Lynda Munion Dennis, CPA, CGFO, PhD
Lynda M. Dennis, CPA, PhD received her PhD in Public Affairs and her Masters in Public Administration from the University of Central Florida and her under graduate degree in accounting and finance from the University of West Florida. She is a Florida CPA and Certified Government Finance Officer. Lynda is a full-time Associate Instructor in the Kenneth Dixon School of Accounting at the University...
Read more about Lynda Munion Dennis here -
Paul N Brown, CPA, CGMA
Paul Brown joined the FICPA in November 1992 and is the Director of Technical Services for the Florida Institute of CPAs (FICPA). One of Paul's main duties is to serve as the technical reviewer in Florida for the American Institute of Certified Public Accountants (AICPA) Peer Review Program. The program administers approximately 350 reviews annually in Florida and oversees approximately 90 peer...
Read more about Paul N Brown here -
Amy Joy Mierzejewski, CISA, CPA
Amy Mierzejewski, CPA, has over 20 years of experience in auditing not-for-profit, governmental entities, community associations, healthcare organizations, employee benefit plans, and more. Most of Amy's not-for-profit clients are in the housing, social services, and education sectors. Amy has extensive experience with not-for-profit organizations, both with and without federal and/or state single...
Read more about Amy Joy Mierzejewski here -
Keith Givens, CPA
Special Agent Givens has almost 30 years of experience with the FBI. With a financial background as both a CPA and CFE who worked on Wall Street prior to joining the Bureau, he has worked every major violation the Bureau investigates all the way from significant participation in the investigation of 9/11 and catching spies from foreign governments operating in the U.S. to a significant portion of...
Read more about Keith Givens here -
Walter John Ullrich III
Ullrich was born and raised in St. Petersburg, FL. He attended high school at Northside Christian and received both a bachelor's and master's degree in accounting at Florida State University. Upon graduation, John became a licensed CPA and practiced public accounting for Gregory, Sharer & Stuart as well as McClanathan, Burg & Arndt. His areas of focus included audits of Nonprofits, manufacturing...
Read more about Walter John Ullrich III here -
Daniel Johnson
Director of Consulting/Senior ConsultantAndCo Consulting Daniel provides all aspects of the firm’s consulting services. He serves as the primary consultant for various institutional plans including defined benefit, defined contribution, and private foundation investment portfolios. His duties include serving as the primary point of contact for various Plan Sponsors and Boards of Trustees, and...
Read more about Daniel Johnson here -
Kathleen M Downs
Kathleen Downs, a vice president with Robert Half Finance & Accounting, started with the company in 2000. Kathleen is a top performer and has reached a 10M milestone which has only been achieved by 50 people in the 75 year history of Robert Half. She has been one of Robert Half's top worldwide performers for 18 of her 20 years with the company. She is a corporate spokesperson and is routinely...
Read more about Kathleen M Downs here -
Margaret S Thomas
Read more about Margaret S Thomas here -
Dave Sobush, CEcD
Dave Sobush serves as the Director of Research for the Florida Chamber Foundation. He is a Certified Economic Developer (CEcD) with over 20 years of experience in: Economic development research, Economic diversification and resiliency, Data analysis, mining and reporting, Public policy, Stakeholder engagement, Project management and more As Director of Research for the Florida...
Read more about Dave Sobush here -
Frank D. Giardini
Read more about Frank D. Giardini here -
Mark Addington
Mark A. Addington represents private and public sector employers in litigating employment and labor disputes. Mr. Addington's practice also includes both alternative dispute resolution and advocating in administrative, state, and federal court. Prior to attending law school, Mr. Addington worked extensively in the hospitality industry in operations management, training, and human resource...
Read more about Mark Addington here -
Bennett Allen Tavar
Bennett Tavar is a Florida entrepreneur and cybersecurity technologist who is also a co-founder of Logical Business Solutions (LBS), a Managed Security Service Provider (MSSP). Bennett also was a co-founder, board member and technology advisor to The Jacksonville Bank, a publicly held community bank acquired by Ameris Bank in 2016.Amongst his other achievements, Bennett has been selected The...
Read more about Bennett Allen Tavar here -
Cody Baird
Cody works at RSM US as a Senior Tax Manager focusing on Research & Development ("R&D") tax credits while also consulting on yachts, private jets, lobbying. He serves as firm's national M&E leader and the southeast region energy credit leader. In all, Cody has more than ten years experience working with clients to claim federal and state credits and incentives, prepare and review tax returns, and...
Read more about Cody Baird here -
Tina Kathleen Henton, MST, CPA
Tina is a principal with more than 20 years of experience assisting many of our nonprofit clients with the annual filing of their information returns and prepares individual and trust tax returns. As a leading member of our tax department, she serves as the Exempt Tax Regional Leader for the Sunbelt and is the Private Foundation industry leader for the firm. She also has experience planning...
Read more about Tina Kathleen Henton here
Presenters:
Jeffrey D Mechanick, CPA, CGMA
Jeff Mechanick is Senior Project Advisor for Not-for-Profit Organizations at the FASB. In that role, he provides organization-wide technical and strategic advice on standard-setting activities affecting the not-for-profit sector, guides and facilitates stakeholder outreach with the sector, chairs the FASB's Not-for-Profit Advisory Committee, and participates in some of the FASB's broader...Read more about Jeffrey D Mechanick hereKaren Ann Lake, CPA
?Karen is the leader of State And Local Tax (SALT), research and development tax credit and credits / incentive consulting services with Berkowitz Pollack Brant Advisors and Accountants. She has twenty years of experience providing state and local tax consulting services to multi-state clients in virtually every industry.Her prior professional opportunities enable her to bring a 360 degree...Read more about Karen Ann Lake hereLynda Munion Dennis, CPA, CGFO, PhD
Lynda M. Dennis, CPA, PhD received her PhD in Public Affairs and her Masters in Public Administration from the University of Central Florida and her under graduate degree in accounting and finance from the University of West Florida. She is a Florida CPA and Certified Government Finance Officer. Lynda is a full-time Associate Instructor in the Kenneth Dixon School of Accounting at the University...Read more about Lynda Munion Dennis herePaul N Brown, CPA, CGMA
Paul Brown joined the FICPA in November 1992 and is the Director of Technical Services for the Florida Institute of CPAs (FICPA). One of Paul's main duties is to serve as the technical reviewer in Florida for the American Institute of Certified Public Accountants (AICPA) Peer Review Program. The program administers approximately 350 reviews annually in Florida and oversees approximately 90 peer...Read more about Paul N Brown hereAmy Joy Mierzejewski, CISA, CPA
Amy Mierzejewski, CPA, has over 20 years of experience in auditing not-for-profit, governmental entities, community associations, healthcare organizations, employee benefit plans, and more. Most of Amy's not-for-profit clients are in the housing, social services, and education sectors. Amy has extensive experience with not-for-profit organizations, both with and without federal and/or state single...Read more about Amy Joy Mierzejewski hereKeith Givens, CPA
Special Agent Givens has almost 30 years of experience with the FBI. With a financial background as both a CPA and CFE who worked on Wall Street prior to joining the Bureau, he has worked every major violation the Bureau investigates all the way from significant participation in the investigation of 9/11 and catching spies from foreign governments operating in the U.S. to a significant portion of...Read more about Keith Givens hereWalter John Ullrich III
Ullrich was born and raised in St. Petersburg, FL. He attended high school at Northside Christian and received both a bachelor's and master's degree in accounting at Florida State University. Upon graduation, John became a licensed CPA and practiced public accounting for Gregory, Sharer & Stuart as well as McClanathan, Burg & Arndt. His areas of focus included audits of Nonprofits, manufacturing...Read more about Walter John Ullrich III hereDaniel Johnson
Director of Consulting/Senior ConsultantAndCo Consulting Daniel provides all aspects of the firm’s consulting services. He serves as the primary consultant for various institutional plans including defined benefit, defined contribution, and private foundation investment portfolios. His duties include serving as the primary point of contact for various Plan Sponsors and Boards of Trustees, and...Read more about Daniel Johnson hereKathleen M Downs
Kathleen Downs, a vice president with Robert Half Finance & Accounting, started with the company in 2000. Kathleen is a top performer and has reached a 10M milestone which has only been achieved by 50 people in the 75 year history of Robert Half. She has been one of Robert Half's top worldwide performers for 18 of her 20 years with the company. She is a corporate spokesperson and is routinely...Read more about Kathleen M Downs hereMargaret S Thomas
Read more about Margaret S Thomas hereDave Sobush, CEcD
Dave Sobush serves as the Director of Research for the Florida Chamber Foundation. He is a Certified Economic Developer (CEcD) with over 20 years of experience in: Economic development research, Economic diversification and resiliency, Data analysis, mining and reporting, Public policy, Stakeholder engagement, Project management and more As Director of Research for the Florida...Read more about Dave Sobush hereFrank D. Giardini
Read more about Frank D. Giardini hereMark Addington
Mark A. Addington represents private and public sector employers in litigating employment and labor disputes. Mr. Addington's practice also includes both alternative dispute resolution and advocating in administrative, state, and federal court. Prior to attending law school, Mr. Addington worked extensively in the hospitality industry in operations management, training, and human resource...Read more about Mark Addington hereBennett Allen Tavar
Bennett Tavar is a Florida entrepreneur and cybersecurity technologist who is also a co-founder of Logical Business Solutions (LBS), a Managed Security Service Provider (MSSP). Bennett also was a co-founder, board member and technology advisor to The Jacksonville Bank, a publicly held community bank acquired by Ameris Bank in 2016.Amongst his other achievements, Bennett has been selected The...Read more about Bennett Allen Tavar hereCody Baird
Cody works at RSM US as a Senior Tax Manager focusing on Research & Development ("R&D") tax credits while also consulting on yachts, private jets, lobbying. He serves as firm's national M&E leader and the southeast region energy credit leader. In all, Cody has more than ten years experience working with clients to claim federal and state credits and incentives, prepare and review tax returns, and...Read more about Cody Baird hereTina Kathleen Henton, MST, CPA
Tina is a principal with more than 20 years of experience assisting many of our nonprofit clients with the annual filing of their information returns and prepares individual and trust tax returns. As a leading member of our tax department, she serves as the Exempt Tax Regional Leader for the Sunbelt and is the Private Foundation industry leader for the firm. She also has experience planning...Read more about Tina Kathleen Henton hereMajor Topics:
- Fraud in the Non-for-profit environment
- Single Audit
- FASB
- Revenue Recognition
- Florida Sales and use Tax
- Liquidity Going Concern
- Internal Control
- Auditing - lessons learned
- Peer Review of Not-for-profit engagements
- Best Practices for Not-for-profit Organizations Risk management
- Cybersecurity
- Recruiting & Retaining Talent
- IRS issues
- Board reporting
- Employment Law
- Tax Credits
- Investments for the Not-for-Profit
Major Topics:
- Fraud in the Non-for-profit environment
- Single Audit
- FASB
- Revenue Recognition
- Florida Sales and use Tax
- Liquidity Going Concern
- Internal Control
- Auditing - lessons learned
- Peer Review of Not-for-profit engagements
- Best Practices for Not-for-profit Organizations Risk management
- Cybersecurity
- Recruiting & Retaining Talent
- IRS issues
- Board reporting
- Employment Law
- Tax Credits
- Investments for the Not-for-Profit