Thursday, January 23, 2020 – Thursday, January 23, 2020 | 8:30am – 4:35pm

Nonprofit Conference

The start date for this course has passed. Registration is no longer available.

Nonprofit Conference
January 23, 2020
Doubletree by Hilton, Westborough

For the broadcast version of this conference click here


8:00 - 8:30 a.m.



8:15 - 8:30 a.m.

Welcome and Opening Remarks


8:30 – 9:45 a.m.

Running a Nonprofit Like a Business

Jim Lindell, CPA, CGMA, CSP

“No margin, no mission” is the rallying cry for nonprofits (NPOs) to be more business-like. In this session, you will learn how NPOs and for-profit businesses are alike and different. We’ll discuss the best practices that can be utilized by the NPO to become more strategic, profitable, efficient and accountable, current trends affecting NPO organizations and more.


9:45 – 10:00 a.m.

Networking Break


10:00 – 11:15 a.m.

 Social Media's Hidden Threat to Business Security and Panel to follow

Stacy Arruda, Florida Information Sharing and Analysis Organization (FL-ISAO); ARRUDA Group

In this session, we’ll learn how, terrorists, criminal and spies take the seemingly innocuous information your employees post online and use it to compromise your company's network. Specifically, you’ll see how these “bad guys” take this information to create infected emails/documents that will be opened. We’ll discuss how these offenders can bypass your data security measures regardless of your IT budget.

Mark Van Divner, MBA, CGEIT, CISM, CISA, CISSP, First Republic Bank

Scott McGaunn,  FBI Boston Division

Robert Rosenzweig, RPLU, Risk Strategies


11:15 a.m. – 12:30 p.m.

FASB Update

Elizabeth Gagnon, Financial Accounting Standards Board

 In this session, we'll provide a FASB Update with a focus on ASU 2018-08 - the recently issued ASU on revenue recognition of grants and contracts by NFP entities. We'll also discuss other recently issued standards and projects.

12:30 -1:15 p.m. 



1:15 – 2:15 p.m. 

Concurrent Sessions (Choose one)


Reinventing the NPO – Lean Processes                 

Jim Lindell, CPA, CGMA, CSP

In this session, we’ll discuss lean concepts and methods and how to apply these tools to your office environment and nonprofit. We'll focus on the ability to recognize and eliminate wasteful operations within the accounting department and cover the history of lean processes and its relation to today’s NPO operations, the important principles of lean and why lean is so complementary to the mission of NPOs, identify new, leaner approaches to current accounting processes and more.


Tax Reform Two Years In - NonProfits and Donors

Brad Bedingfield, Hemenway & Barnes LLP

Eleanor Evans,  Hemenway & Barnes LLP

In addition to impacting how nonprofits are taxed, the Tax Cuts and Jobs Act of 2017 has affected how donors are giving to charitable organizations. In this session, you’ll learn where nonprofits stand two years into tax reform, and get an update on how the tax law is being implemented, including Unrelated Business Taxable Income (UBTI) and the new taxes on transportation fringe benefits, executive compensation and net investment income, as well as the effect of tax reform on charitable giving.



The New NPO Reporting Model – One Year In

Diane Edelstein, CPA, Maher Duessel

After now having used the new nonprofit (NPO) reporting model (FASB ASU 2016-14) for about a year, we will share the challenges we have seen and areas that could use more attention. We will discuss a brief overview of the changes required, issues with the new net asset classification, how to craft the required liquidity and availability footnote, challenges in functional expense allocation reporting and more.



2:15 – 2:30 p.m. 

Afternoon Break


2:30 – 3:30 p.m.

Concurrent Sessions (Choose one)


Federal Awards – what do you need to know?

Diane Edelstein, CPA, Maher Duessel

In this session, we’ll dive into the new Government Auditing Standards (Yellow Book 2018) which will be effective June 30, 2020. We’ll discuss an overview of the Yellow Book changes, independence and non-audit services, Uniform Guidance and the Single Audit, including the challenges with procurement, the 2019 Compliance Supplement and more.


How to Ensure Good Governance for Your Nonprofit

Sandy F. Ross, CPA, CFE, KLR

 Exceptional nonprofit governance focuses on the collective talents of the board on the mission, program effectiveness and the long-term sustainability of the organization. In this session, we’ll discuss what someone needs to understand when they take on the role of a board member and what the leadership team of a nonprofit can incorporate into a board orientation or recruitment process to onboard a new board member. We’ll share what governance is and best practices as well as the key roles and 10 basic responsibilities of the Board of Directors.

Political Activity by Nonprofits

Susan Abbott, Goodwin Procter LLP

Alyssa Fitzgerald, Goodwin Procter LLP

 In this session, we’ll discuss the federal tax law regarding political activity by nonprofits, with a focus on 501(c)(3) organizations. We will cover the prohibition on political campaign activity, the limitations on lobbying activity and the 501(h) election, the types of advocacy activities that don’t constitute lobbying or campaign activity under federal tax definitions, as well as political activities by 501(c)(4)s and 501(c)(6)s.


3:30– 3:40 p.m. 

Change Break


3:40 – 4:40 p.m.

Ask the Experts Panel Discussion

Moderated by Jim Lindell, CPA, CGMA, CSP

  • Diane Edelstein, CPA, Maher Duessel

  • Brad Bedingfield, Hemenway & Barnes LLP

  • Sandy Ross, CPA, CFE, MSNM, KLR

This conference qualifies for the Workforce Training Express Fund program. The course code for this program is 1122806  Click here for more details:



Conference Credits

This course is 8.00 credits

Conference Fees

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AICPA Member

Conference Cost

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The start date for this course has passed. Registration is no longer available.