Not-for-Profit Accounting Conference

Description

Don’t miss the only state-wide conference focused specifically on addressing the unique needs of the nonprofit sector. This conference will discuss current trends, changes, and tools nonprofit accounting professionals need to best serve their organizations.
  
As an added bonus, optional pre- and post-conference workshops are available:
 
May 20: Form 990 Common Pitfalls! with Eve Borenstei and John Huskins.
 
May 22: Current Audit Issues Workshops with Marci Thomas. 
Both workshops require separate registration.  


Note: This conference will also be available as a Live Streaming Webcast. Click here for registration information.
 
 

Objective

CPAs and others who serve not-for-profits will discuss current trends affecting not-for-profits, tools for solving problems, and resources to prepare professionals for the future of the not-for-profit sector.

Highlights

* NFPs: Past, Present & Future * Revenue Recognition

Who Should Attend

CPAs who work with nonprofit organizations, financial officers, board members, and staff of nonprofit organizations responsible for financial management and oversight

Required Knowledge

None

Advanced Prep

None

Event Speaker(s)

Marcus Aron, CPA ( US Department of Labor, Washington, DC ), Ms. Christine Ann Bauer, CPA ( NC Partnership for Children, Raleigh, NC ), Ms. Eve Rose Borenstein, JD ( Eve Rose Borenstein, LLC, ), Mr. Jeffrey Alan Brovet, CPA ( Thomas Judy & Tucker, PA, Raleigh, NC ), Dr. Cal Christian, CPA, PhD ( East Carolina University-College of Business, Greenville, NC ), Mr. David William Heine, CPA ( Principal Financial Group, Cary, NC ), Ms. Kristen Thoresen Hoyle, CPA ( Thomas Judy & Tucker, PA, Durham, NC ), Mr. John Randal Huskins, CPA ( Johnson Lambert LLP, Raleigh, NC ), Mr. Kevin Anthony Leder, CPA ( CliftonLarsonAllen LLP, Raleigh, NC ), Mr. John Calvin Marks, CPA ( Johnson Lambert LLP, Wake Forest, NC ), Ms. Mig Murphy Sistrom, CPA, MAC ( Mig Murphy Sistrom, CPA, PC, Durham, NC ), Lee Painter, CISSP, HCISPP, CRISC, CCSFP ( CliftonLarsonAllen LLP, Peoria, IL ), Mr. Anthony Pandiscia, CPA, JD ( Langdon & Company, LLP, Garner, NC ), Mr. Paul Preziotti, CPA ( Johnson Lambert LLP, Vienna, VA ), Ms. Holly Sullenger, M.Ed ( Premier Training and Consulting, Cary, NC ), Ms. Margaret S. Thomas, CPA, MHA ( Nonprofit Board Resource, Marietta, GA ), Mr. Skip (Frank) Woody, III, CEBS ( Hill Chesson & Woody, Durham, NC ),

Additional Event Information

Accommodations
Grandover Resort & Conference Center
336-294-1800

Please use the following link to book in NCACPA's room block:
Click here to book your room.

Discounted Reservation Cut-off Date: April 22, 2019
Room Rate: $170+ Single/Double

Onsite Information
Registration/Continental Breakfast: 7:15–8:00 am. Sessions begin at 8:00 am.

Download Your Materials Before You Arrive Onsite!
Conference materials will be distributed electronically to registrants 3 days in advance of the program. You may download your materials to a laptop, tablet, or e-reader, or print them. It’s up to you how you choose to view the materials. Printed materials will not be available on site. Downloading in advance is recommended.


Sessions

Tuesday, May 21, 2019 (8:05 am–8:55 am ET)

General #1: Nonprofit Organizations: The Past, Present, & Future
Marcus Aron, CPA ( US Department of Labor, Washington, DC ),

In this session we will take a journey through time to explore the history of nonprofit organizations, current issues affecting nonprofit organizations today, and what the future of nonprofit organizations will hold.

Field of Study: Specialized Knowledge

Tuesday, May 21, 2019 (9:10 am–10:25 am ET)

General #2: Revenue Recognition: Time to Dive In!
Mr. Paul Preziotti, CPA ( Johnson Lambert LLP, Vienna, VA ),

“With recent accounting standards updates (ASUs), revenue recognition for not-for-profit organizations will change in 2019. Dive into the details of these changes, including implementation considerations for not-for-profit organizations. In particular, we will focus on the changes brought about by FASB ASU 2018-08, which will impact the recognition of contributions and grants for charitable organizations. Objectives will include:
– Go through changes brought about by recent ASUs for not-for-profit organizations
– Walk through specific examples of revenue recognition scenarios and how they are impacted by the new standards
– Discuss other implementation considerations”

Field of Study: Accounting

Tuesday, May 21, 2019 (10:40 am–11:40 am ET)

1A: Audit Efficiency

Coming Soon

Field of Study: Auditing

Tuesday, May 21, 2019 (10:40 am–11:40 am ET)

1B: Tax Reform: Navigating Our First Tax Season
Mr. John Randal Huskins, CPA ( Johnson Lambert LLP, Raleigh, NC ),

This session will address the changes and quirks of exempt organization tax compliance brought on by the Tax Cuts & Jobs Act of 2017 including how we calculate unrelated business income, qualified transportation fringe benefits, and many other small tweaks.

Field of Study: Taxes

Tuesday, May 21, 2019 (10:40 am–11:40 am ET)

1C: How and What to Communicate with Management and Boards
Ms. Christine Ann Bauer, CPA ( NC Partnership for Children, Raleigh, NC ),

Coming Soon

Field of Study: Specialized Knowledge

Tuesday, May 21, 2019 (10:40 am–11:40 am ET)

1D: Fraud: Financial Reporting

Coming Soon

Field of Study: Specialized Knowledge

Tuesday, May 21, 2019 (12:30 pm–1:45 pm ET)

2A: Single Audit
Ms. Margaret S. Thomas, CPA, MHA ( Nonprofit Board Resource, Marietta, GA ),

Coming Soon

Field of Study: Auditing

Tuesday, May 21, 2019 (12:30 pm–1:45 pm ET)

2B: Tax Impact of Conducting Unrelated Business Activities in 2018 & Beyond
Mr. Anthony Pandiscia, CPA, JD ( Langdon & Company, LLP, Garner, NC ),

The speakers will review the basics of unrelated business income tax (UBIT) and highlight the revisions in accordance with the “Tax Cuts & Jobs Act”. Discussion will also include relevant legal precedents pertaining to UBIT decisions and “Exemption Jeopardy” for organizations. The presenters will share specific “real world” examples of client UBIT issues and planning opportunities to mitigate UBIT exposure. The presentation will then conclude with a discussion of the impact of state sales & use tax on UBI activities, emphasizing the changing landscape following the court decision in “Wayfair”.

Field of Study: Taxes

Tuesday, May 21, 2019 (12:30 pm–1:45 pm ET)

2C: Current Trends in Health Benefits, Recruiting and Retaining the Best Employees
Mr. Skip (Frank) Woody, III, CEBS ( Hill Chesson & Woody, Durham, NC ),

In this session, you will learn current trends in the employer marketplace as well as creative solutions and ideas to help you build and sustain your organization’s plan. Attend and gain an understanding of how to use evidence-based practices to obtain high performance employee benefit programs and ultimately become a destination employer. Attendees will learn how gaining destination employer status can help recruit and retain talent. They will gain an understand of using evidence-based practices to obtain high performance employee benefits programs.

Field of Study: Specialized Knowledge

Tuesday, May 21, 2019 (12:30 pm–1:45 pm ET)

2D: Cybersecurity
Lee Painter, CISSP, HCISPP, CRISC, CCSFP ( CliftonLarsonAllen LLP, Peoria, IL ),

Coming Soon

Field of Study: Information Technology

Tuesday, May 21, 2019 (2:00 pm–2:50 pm ET)

3A: Liquidity Reporting

Coming Soon

Field of Study: Auditing

Tuesday, May 21, 2019 (2:00 pm–2:50 pm ET)

3B: Advertising, Sponsorships, and Trade Shows
Mr. John Calvin Marks, CPA ( Johnson Lambert LLP, Wake Forest, NC ),

This session will explore the differences between advertising, sponsorships, and qualified convention and trade-show activities as they relate to tax-exempt organizations with a specific emphasis on the tax consequences of each type of transaction. At the end of the of the session, attendees should better understand the types of marketing dollars coming into their organizations and have strategies to structure these kinds of transactions to minimize tax impacts.

Field of Study: Taxes

Tuesday, May 21, 2019 (2:00 pm–2:50 pm ET)

3C: Overseas Missions & Ministerial Compensation
Ms. Kristen Thoresen Hoyle, CPA ( Thomas Judy & Tucker, PA, Durham, NC ),

This session will give an overview of the accounting and tax implications of organizations that have overseas missions and/or ministerial compensation. The session will also look at some of the more common pitfalls that both organizations and auditors face in these areas.

Field of Study: Accounting

Tuesday, May 21, 2019 (2:00 pm–2:50 pm ET)

3D: Tips for Analyzing & Presenting Data in Excel®
Ms. Holly Sullenger, M.Ed ( Premier Training and Consulting, Cary, NC ),

Coming Soon

Field of Study: Information Technology

Tuesday, May 21, 2019 (3:05 pm–3:55 pm ET)

4A: A&A Update
Mr. Kevin Anthony Leder, CPA ( CliftonLarsonAllen LLP, Raleigh, NC ),

Coming Soon

Field of Study: Accounting

Tuesday, May 21, 2019 (3:05 pm–3:55 pm ET)

4B: Lobbying & Political Activities
Ms. Eve Rose Borenstein, JD ( Eve Rose Borenstein, LLC, ),

Coming Soon

Field of Study: Accounting

Tuesday, May 21, 2019 (3:05 pm–3:55 pm ET)

4C: Getting the Most Out of QuickBooks
Ms. Mig Murphy Sistrom, CPA, MAC ( Mig Murphy Sistrom, CPA, PC, Durham, NC ),

This session will offer tips on using QuickBooks Desktop to capture the information you need for nonprofit accounting. For example, did you know that you can track contributions so that you can easily generate a report to use in preparing Form 990, Schedule A, and Schedule B.? Or that you can use Customers and Jobs to track restricted funds and refundable sales taxes? Did you know you can use classes to facilitate cost allocations? The presentation will include some quick advice you can implement today. We’ll have time for questions and answers so we can help solve the problems that frustrate you every day. If you have specific questions you’d like to be addressed in this session, please email them by April 10, 2019 to mig@nonprofitCPA.net.

Field of Study: Information Technology

Tuesday, May 21, 2019 (3:05 pm–3:55 pm ET)

4D: 2019 Professional Ethics & Conduct, Part 1
Dr. Cal Christian, CPA, PhD ( East Carolina University-College of Business, Greenville, NC ),

Coming Soon

Field of Study: Regulatory Ethics

Tuesday, May 21, 2019 (4:05 pm–4:55 pm ET)

5A: New Lease Standard
Mr. Jeffrey Alan Brovet, CPA ( Thomas Judy & Tucker, PA, Raleigh, NC ),

Coming Soon

Field of Study: Accounting

Tuesday, May 21, 2019 (4:05 pm–4:55 pm ET)

5B: Noncash Donations
Ms. Eve Rose Borenstein, JD ( Eve Rose Borenstein, LLC, ),

Coming Soon

Field of Study: Taxes

Tuesday, May 21, 2019 (4:05 pm–4:55 pm ET)

5C: Legislative Update: State & Local Compliance
Mr. David William Heine, CPA ( Principal Financial Group, Cary, NC ),

This session will provide an overview of recent state and federal legislative and regulatory proposals that could affect tax-exemption, finances, and operations of 501(c)(3) nonprofits. Specific content will depend on legislation and regulations being considered by the North Carolina General Assembly, congress, and regulatory agencies at the time of the session. Possible topics may include: issue such as sales and use tax refunds; property tax exemption; unrelated business income tax changes and related IRS guidance; nonprofit annual reporting requirements; policies related to government grants and contracts; tax incentives for charitable giving; and Fair Labor Standards Act regulations.

Field of Study: Taxes

Tuesday, May 21, 2019 (4:05 pm–4:55 pm ET)

5D: 2019 Professional Ethics & Conduct, Part 2
Dr. Cal Christian, CPA, PhD ( East Carolina University-College of Business, Greenville, NC ),

Coming Soon

Field of Study: Regulatory Ethics


Share This Event

Event Vendor:NCACPA
Field of Study:Accounting, Auditing, Information Technology, Regulatory Ethics, Specialized Knowledge, Taxes, Various
Level: Update

Event Type:Conference
Event Code:CONNFP19

Registration Fees

Early Bird Rate expires May 7, 2019

CONNFP19: Not-For-Profit Accounting Conference Registration Early Bird Regular
NCACPA Member $260.00 $310.00
Non-Member $360.00 $410.00
Partner/Affiliate-Joint NCACPA and NC Center for Nonprofits Member $260.00 $310.00
Partner/Affiliate-NC Center for Nonprofits Member $260.00 $310.00