Not-for-Profit Organizations Conference
Registration is Open
Not-for-Profits face many unique challenges. They must learn how to operate efficiently and effectively. This FICPA annual conference offers is designed specifically to help CPAs and advisors better understand cutting-edge information and trends affecting the nonprofit sector. We have a great line-up of topics and thought leaders, all providing you with the latest information you need to succeed - from leases, FASB and state tax updates to auditing, revenue streams and marketing for not-for-profits. Attendees will learn more about leading non-profit organizations through the unique challenges they face, as well as how to provide effective guidance to accomplish their organization's mission.
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.
This conference qualifies for up to 16 hours of CPE credit. CPE credit is subject to approval by the Florida Department of Business and Professional Regulation.
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.
Thursday, May 20, 2021
Introduction & Opening Remarks
Time: Thursday 8:00am - 8:05am
Employment Law Update - Navigating Our Changing Workplaces
Time: Thursday 8:05am - 8:55am Credits: 1 TB
Joyce Chastain, Senior Consultant, The Krizner Group
The risk of litigation and/or governmental fines and sanctions continues to grow. It is more important than ever to be focused on regulatory compliance and creating a harmonious workplace. Learn the risk in labor issues and offer solutions to minimize the risk. Hear about recent changes for Florida employers and how to best manage processes and people to remain in conformity with regulatory expectations. Additionally, it’s important to be prepared for what may be required of employers in the immediate future. We’ll offer guidance based on current trends and expectations. Key takeaways from this session include, at a minimum, an understanding of the following topics, that are currently known:
1. Social Media/National Labor Relations Board – What postings can an employer restrict? What should an employer review before and during hire?
2. Getting and Providing Previous Employment References
3. Essential Topics to Cover During Orientation
4. E-Verify Changes
5. Legally Defensible Correction/Discipline/Enforcement
6. Low-risk Termination Options
7. Remote Workforce Landmines
8. Independent Contractor vs. Employee – Proposed New Rule
9. Workplace Concerns in the New Era: Immunizations; Aberrant Behavior (Threats of violence, suicide); Medical Certifications; LGBTQ; Dress Codes; Postings/Decorations; Restricting Travel.
Time: Thursday 8:55am - 9:00am
Leases: On the Shores of a Sea-Change in GAAP
Time: Thursday 9:00am - 9:50am Credits: 1 AA
Jeffrey Mechanick, CPA, CGMA, Assistant Director-Nonpublic Entities, Financial Accounting Standards Board
After a one-year deferral, the deadline for implementing the FASB's major new Leases standard (Topic 842) is now upon NFPs with public debt and not far off for other NFPs. In this session, we'll reprise and reinforce the key aspects of what we covered in last year's Deeper Dive session, while also discussing the work the FASB has done over the past year on key implementation issues. We'll leave time at the end for your questions, so please bring them!
Time: Thursday 9:50am - 10:00am
FASB Update: What's New? What's Now? What's Next?
Time: Thursday 10:00am - 10:50am Credits: 1 AA
Jeffrey Mechanick, CPA, CGMA, Assistant Director - Nonpublic Entities, Financial Accounting Standards Board
In this session, we'll discuss developments in US GAAP that are important for the NFP sector. We'll focus on the FASB's new standard (ASU 2020-07) on reporting of gifts-in-kind (contributed nonfinancial assets), effective for FY 2022, and on implementation matters concerning grants and contracts (ASU 2018-08), especially regarding CARES Act and other COVID-19-related government assistance. We'll also cover other recent ASUs and FASB projects-in-process, as well as efforts underway by the FASB to set its future agenda, including an Invitation to Comment expected to be issued in June 2021. We'll leave time at the end for your questions, so please bring them!
Time: Thursday 10:50am - 10:55am
Board Reporting...Giving Them What They Need, and Want
Time: Thursday 10:55am - 11:45am Credits: 1 AA
Details to come!
Time: Thursday 11:45am - 12:45pm
Time: Thursday 12:45pm - 1:35pm Credits: 1 AA
Richard Cole, Partner, BKD CPAs and Advisors
This session will provide an overview of key elements of the new revenue recognition standard. It will also provide a brief discussion on PPP funding and the accounting options permitted.
What Works and Doesn't Work in Negotiations?
Time: Thursday 12:45pm - 1:35pm Credits: 1 TB
William A. Grimm, J.D., M.B.A., Crummer Graduate School of Business, Rollins College, Executive-in-Residence
Negotiation skills are needed with donors, suppliers, and future investors. Understand what works in negotiations and what doesn't so that you are ready for your next big deal!
Time: Thursday 1:35pm - 1:40pm
Single Audit Update
Time: Thursday 1:40pm - 2:30pm Credits: 1 AA
Amy Mierzejewski, Auditor, Prida Guida & Perez, P.A.
Explore the most recent updates to the Single Audit and how to apply those updates. Learn about the common areas where auditors and auditees fall short in their Single Audits.
Best Practices for Marketing a Nonprofit Organization
Time: Thursday 1:40pm - 2:30pm Credits: 1 TB
Melinda Powers, business Consultant, Small Business Development Center at UNF
Learn important dos and don'ts when it comes to marketing a nonprofit organization in the marketplace including but not limited to: how the organization can influence public perception through vernacular, storytelling and web presence.
Time: Thursday 2:30pm - 2:35pm
Exempt Tax Compliance - What Should We Pay Attention To?
Time: Thursday 2:35pm - 3:25pm Credits: 1 TB
Amy Chapman & Karen Gries, CliftonLarsonAllen, LLP, CPAs
With the public nature of our tax exempt returns and driven by non-financial disclosures, it is important to not only meet the minimum disclosure requirements, but capture opportunities within the filing. This session will address the current IRS focus and changes in the filings, common errors within the returns along with other informationing on for 990s. Bring your questions and be ready to share during this interactive session.
Time: Thursday 3:25pm - 3:30pm
Auditing: Lessons Learned
Time: Thursday 3:30pm - 4:20pm Credits: 1 AA
Barbara Baldwin Finke, CPA
After a year of auditing with COVID-19 limiting on-site field work and procedures, what have we learned as a profession on how to sustain audit quality under this "new normal?"
Friday, May 21, 2021
Time: Friday 8:00am - 8:05am
Working Remotely With Microsoft Teams and Other Tools
Time: Friday 8:05am - 8:55am Credits: 1 TB
John H. Higgins, CPA, CTP, Chief Partnership Officer, CPA Crossings, LLC
Learn how you can leverage Microsoft Teams and other tools in the Office 365 ecosystem of apps to create a practical and low cost platform for communicating, collaborating and sharing files in a remote work environment.
Time: Friday 8:55am - 9:00am
Internal Control: Working in a Remote Environment
Time: Friday 9:00am - 9:50am Credits: 1 AA
Brad Caruso and Nina Chmura
This session will discuss:
• Considerations in moving to the cloud, virtual work environment and virtual accounting solutions
• Best practices in remote work environments
• Audit issues that arise in moving to remote working, including moving to electronic processes and how to maintain integrity and proper internal controls
• Compliance considerations with government and other funding when moving from paper to electronic
Time: Friday 9:50am - 10:00am
Fraud in the Not-for-Profit Environment
Time: Friday 10:00am - 10:50am Credits: 1 AA
John Alfonso - Partner, Not-for-Profit & Education Industry Leader - CohnReznick
and Vincenzo Toppi - Partner - CohnReznick
Time: Friday 10:50am - 10:55am
Am I Biased? Recognizing Common Bias Traps and Developing Mitigation Startegies to Overcome Them
Time: Friday 10:55am - 11:45pm Credits: 1 BE
Karl D. VanLedtje
In this interactive virtual session, we’ll explore four key biases that may appear in our professional work and the impact they can have on the judgments and decisions we make. We’ll then discuss several mitigation strategies that can result in more objective decisions.
Time: Friday 11:45am - 12:45pm
Lesson Learned from Peer Reviews of Not-For-Profit Engagements
Time: Friday 12:45pm - 1:35pm Credits: 1 AA
Dan Hevia, Shareholder, Prida Guida & Perez, P.A.
Explore common deficiencies and findings identified in peer reviews of CPA firms that provide financial statement attest services to NFP organizations. Hear suggestions on how to avoid these pitfalls and improve engagement performance on you NFP clients.
Best Practices for Not-for-profit Organizations - Risk Management - Scenario Building & Contingency Planning
Time: Friday 12:45pm - 1:35pm Credits: 1 TB
Andrea T. Mills, MBA, CPA, CCSA, CGMA, Principal, Fiscal Management Associates, LLC, a Division of MBAF
While nonprofit organizations cannot predict the future, they can begin to anticipate how they would adjust to a variety of major and minor shifts in their original strategic plans and budgets so that they are equipped to make difficult, complex decisions as financial or human capital crises arise in the months ahead. Building potential scenarios and back up plans can give leaders, their staff, boards, and funders the confidence they need to press on and continue to deliver on programs.
Time: Friday 1:35pm - 1:40pm
User-Based Cyber Security
Time: Friday 1:40pm - 2:30pm Credits: 1 TB
Anurag Sharma CISA, CISSP, CRISC
In the post-COVID-19 work environment, are today’s organizations truly equipped to address cyberattacks? As organizations around the world are hacked daily, these statistics are hitting closer to home. It's no longer a question of if, but when. With the help of recent headline grabbing cybersecurity breaches, we would try to address these questions and provide some useful tips for organizations to improve their security
Time: Friday 2:30pm - 2:35pm
Liquidity Going Concern Concerns Challenges for NFPs
Time: Friday 2:35pm - 3:25pm Credits: 1 AA
Lynda Dennis, Associate Instructor- Retired, University of Central Florida
This session will discuss situations affecting liquidity in NFP organizations and when liquidity concerns challenge management's going concern presumption. In addition this session will review liquidity disclosures required by ASU 2016-14 and provide examples. Responsibilities of management and auditors relating to going concern disclosures and reporting will also be discussed in this session.
Time: Friday 3:25pm - 3:30pm
Florida State Sales and Use Tax - The Exposure You Didn't Know You Have!
Time: Friday 3:30pm - 4:20pm Credits: 1 TB
James Sutton, CPA, Esq., Shareholder, Moffa, Sutton & Donnini, PA
Not-for-Profit organizations enjoy a lot of exemptions from Florida sales and use tax, but most are surprised by the sheer volume of activities that are not exempt. Does your Not-for-profit have sales and use tax exposure? if your company has not been filing any sales tax returns, then that exposure could be open ended with no statue of limitations. Learn what exposures you have for the past, how to least painfully correct the past, and have to avoid problems in the future taught by a CPA and attorney who practices exclusively in the area of sales and use tax.
- Learn what's new in leases and revenue recognition
- Receive updates from FASB
- Explore alternative revenue streams
- Examine best practices for marketing a nonprofit organization
- Review internal controls and single audit
- Hear what's new in Florida sales tax
- Learn about remote working and its challenges
Jeffrey D Mechanick, CPA, CGMA
FASB Assistant Director-Nonpublic EntitiesFinancial Accounting Standards BoardJeff Mechanick is Assistant Director for Nonpublic Entities at the FASB. In that role, he provides strategic and technical oversight of all activities involving not-for-profit (NFP) organizations and private companies, chairs the FASB’s Not-for-Profit Advisory Committee, oversees support of the Private Company Council...Read more about Jeffrey D Mechanick here
Anurag Sharma, CISA, CISSP, CRISC, MBA
PrincipalWithumSmith+BrownAnurag Sharma is a Principal of the Firm’s Cybersecurity practice and System & Organization Controls (SOC) practice based out of our Princeton, NJ office. Anurag is a regular speaker on Cybersecurity and SOC related topics at many State CPA Societies including NJCPA PICPA, CTCPA, FICPA, the AICPA and other organizations. Anurag has authored many articles dealing with...Read more about Anurag Sharma here
James Holland Sutton Jr, CPA, Esq., LLM
ShareholderMoffa, Sutton & Donnini, PAJames Sutton is a CPA and Attorney with an almost exclusive focus on Florida sales and use tax controversy. His firm, Moffa, Sutton, & Donnini, PA handles audits, protest, litigation, consulting, collections, revocations, and criminal defense all revolving around sales tax matters. A graduate of Stetson (Bachelors and Juris Doctorate), Mr. Sutton is heavily...Read more about James Holland Sutton Jr here
Lynda Munion Dennis, CPA, PhD
LecturerUniversity of Central FloridaLynda 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...Read more about Lynda Munion Dennis here
Amy Joy Mierzejewski, CISA,CPA
Senior ManagerAssurance ServicesAmy joined Gregory, Sharer and Stuart (GSS) in 2005. Amy's responsibilities also include performance and supervision of audit and review engagements and information systems reviews. Amy focuses primarily on audits of not-for-profit entities and various nonpublic commercial entities.She has been involved in financial statement preparation under both FASB and GASB...Read more about Amy Joy Mierzejewski here
Amy Kosma Chapman, MBA, CPA, CFE
Tax PrincipalCliftonLarsonAllen LLPAmy is a Principal in the Orlando office. She has over 20 years of experience of providing tax and consulting services to clients of varying sizes with a primary focus on nonprofit entities. Amy serves as one of the Southeast regional leaders of the firm’s nonprofit tax group. She also services certain secondary industries including for-profit entities and...Read more about Amy Kosma Chapman here
Senior ConsultantThe Krizner GroupWith many years of senior-level human resources experience in the private sector environment, Joyce Chastain brings practical know-how to each engagement. As a human resources consultant with The Krizner Group, she specializes in talent development, employee relations, internal investigations, employment law compliance, and affirmative action plans. She is a...Read more about Joyce Chastain here
Kenneth C Euwema
Ken is the Chief Financial and Operations Officer at Meals on Wheels America. With more than 30 years of experience in finance, Ken has focused the last two decades of his career helping non-profits thrive. Prior to joining Meals on Wheels America, Ken spent nearly 17 years at United Way Worldwide in various roles including Vice President – Controller, Vice President of Membership Accountability...Read more about Kenneth C Euwema here
Brad Caruso, CPA, CFE
PartnerWithumSmith+Brown, PCBrad Caruso, CPA, CFE is a Partner with WithumSmith+Brown, PC (Withum), a top 30 ranked public accounting firm specializing in providing audit, tax and advisory services to over a dozen major industry sectors across the country and around the globe. He has over 12 years of experience in providing auditing tax, and advisory services to the not-for-profit industry. Brad...Read more about Brad Caruso here
Richard Cole, CPA
PartnerBKDRick Cole is a partner in the New York City office of BKD specializing in audits and advisory services for not-for-profit and higher education organizations. Rick has been a frequent speaker with NACUBO, the AICPA, and various state societies of CPAs. He joined the firm in October 2019 from the FASB. Rick is a member of BKD’s Not-for-Profit Center of Excellence, which is an internal...Read more about Richard Cole here
Daniel Joseph Hevia, CPA
Assurance Services ShareholderGregory Sharer & Stuart, CPAsDan is an assurance services shareholder with Gregory Sharer & Stuart, CPAs. He is a graduate of the University of South Florida and is licensed as a CPA in Florida and New York. He also holds a Certified in Financial Forensics (CFF) designation. Dan is a past chair of the AICPA Peer Review Board and a past member of the AICPA Auditing...Read more about Daniel Joseph Hevia here
Karl D VanLedtje
Partner/Facilitator & Learning StrategistSun and Surf Performance ConsultingKarl is the founding partner of Orlando-based Sun and Surf Performance Consulting, possessing over 20 years of experience in adult learning, professional facilitation, and instructional design. His passion finds him working directly with live classroom participants in fun and engaging workshop environments. He has...Read more about Karl D VanLedtje here
Barbara Baldwin Finke, CPA
Barbara grew up in Jacksonville before moving to Tallahassee to attend Florida State University. She obtained her Bachelor degrees in Accounting and Finance, and her Masters in Accounting from FSU. After graduation she relocated to Hampton Roads, Virginia where she worked for a local governmental agency. She and her husband, Ben, returned to Jacksonville in 2006. In her current position, Barbara...Read more about Barbara Baldwin Finke here
John HigginsRead more about John Higgins here
Nina ChmuraRead more about Nina Chmura here
Andrea MillsRead more about Andrea Mills here
Melinda PowersRead more about Melinda Powers here
William A. Grimm, J.D., M.B.A.Read more about William A. Grimm here
Karen GriesRead more about Karen Gries here
- Fraud in the Non-for-profit environment
- Single Audit
- Revenue Recognition
- Florida Sales and use Tax
- Liquidity Going Concern
- Internal Control
- Auditing - lessons learned
- Unconscious Bias
- Peer Review of Not-for-profit engagements
- Best Practices for Not-for-profit Organizations Risk management
- Tools for working in a remote environment
- IRS issues
- Alternative Revenue Streams for Not-for-profits
- Board reporting
- Employment Law
- Best practices for marketing a nonprofit Organization