Thursday, January 25, 2018 – Thursday, January 25, 2018 | 8:30am – 4:35pm

Nonprofit Conference

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





 7:30 - 8:20 a.m.



8:20 – 8:30 a.m.

 Welcome and Opening Remarks

Joyce Ripianzi, Nonprofit Committee Co-Chair, CPA,  Moody, Famiglietti & Andronico, LLP


8:30 – 9:30 a.m.


Richard Cole, Financial Accounting Standards Board

This session will provide an update on recently issued accounting standards which impact nonprofits including the new revenue recognition standard, nonprofit financial reporting, leases and other recently issued standards. The session will also present an overview of current projects the FASB is working on including the Revenue Recognition of Grants and Contracts by Nonprofit Entities.


9:30 – 10:45 a.m. 

 To Stop Fraud, You Have to A-T-T-A-C-K Fraud

Jennifer H. Elder, CPA, CMA, CIA, CFF, CGMA, MS, The Sustainable CFO

Do you know how to spot fraud  in your organization?  Fraud can be found in every organization, but you can take actions to stop it from growing and festering.  In this session, you will learn how to a.) A-T-T-A-C-K fraud by using the fraud triangle; b.) create a positive anti-fraud tone-at-the-top; and c.) conduct a fraud risk assessment in order to implement effective controls. You will walk away with a set of best practices that can be used immediately.


10:45 – 11:00 a.m.

 Networking Break


11:00 a.m. – 12:00 p.m.

 FASB/GAAP Update (Continued)

Richard Cole, Financial Accounting Standards Board

This session will continue the update on recently issued accounting standards and the overview of current projects the FASB is working on.


12:00 – 12:45 p.m.



12:45 – 1:45 p.m.

The Role of the CFO in a Digital Transformation

Alain Marcuse, RSM US LLP
Bill Kracunas, RSM US LLP

The CFO plays an integral part in the  transformation evolution. The role of CFO, which was once defined as head of the accounting and finance functions, has expanded beyond the traditional definition to have a deeper impact on other components of an organization including people, processes, technology, reporting and risk. As the functions and responsibilities of the CFO continues to evolve, the technology platforms and risk environment in which companies operate has also been increasingly complex and challenging. This session will focus on issues and strategies today’s CFO needs to consider in order to juggle these factors and operate efficiently and effectively in this strategic new role.


1:45 – 2:00 p.m. 

Networking Break


2:00 - 3:15 p.m.

Concurrent Sessions (Choose one) 


Common Audit Deficiencies

Christa Yantis, CPA, CFE, CEBS, ACI, Moss & Yantis CPAs

Where do nonprofits go wrong in accounting for activities within their organization? This session will discuss common deficiencies identified as a result of audit procedures within the nonprofit industry and how to prevent such deficiencies through proper audit preparation and planning.


IRS Form 990 – The IRS'  Tool in a Data-Driven World

Dick Locastro, CPA, JD, Gelman, Rosenberg & Freedman

Form 990 speaks to a lot of a nonprofit's constituencies – current and potential donors, members, third party “watchdog” organizations, state AGs, competitors, and, of course, ... the IRS! Understanding what a nonprofit's Form 990 may say to all of these interested parties is critical.  This session will a.) review some of the most misinterpreted/confusing items on Form 990, along with common errors and misconceptions;  b.) explore how information on this form may lead to inquiries under the IRS' data driven approach to exam selection; and c.) provide an overview of the charity rating agencies and the criteria they use and what their rating really means.



3:15 - 4:35 p.m.

Concurrent Sessions (Choose One)


Financial Statements

Christa Yantis, CPA, CFE, CEBS, ACI,  Moss & Yantis CPAs

ASU 2016-14 Presentation of Financial Statements of Not-For-Profit Entities was implemented to simplify and improve the way nonprofits present their financial information. This session will a.) discuss the changes implemented by the ASU; b.) take a look at the effect of those changes on financial statement presentation, including the notes; and c.) prepare you to implement these changes for fiscal years beginning after December 15, 2017.


Nonprofit Organizations Best Practices for Accountability 

Kelly S. Mathews, New York Council of Nonprofits Inc.

Many small and mid-sized nonprofits have limited staff or are volunteer driven. They have had to demonstrate to governmental and other funders, as well as their audit firm, that they have an established and functioning internal control framework that integrates board governance and oversight with staff or volunteer control activities. This session will focus on the development and implementation of processes that allow organizations to develop and monitor a framework focused on governance, accountability, efficiency, and fraud prevention.

This Conference Qualifies for Yellowbook


Conference Credits

This course is 8.00 credits

Conference Fees

MSCPA Member
AICPA Member

Conference Cost

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

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