Not-for-Profit Organizations Conference May 21, 2014 San Francisco & Webcast
NOT-FOR-PROFIT ORGANIZATIONS CONFERENCE GRAND HYATT SAN FRANCISCO & WEBCAST May 21, 2014
Conference Planning Committee Kimberly K. McCormick, CPA Co-Chair Grant Thornton LLP Gayle M. Whittemore, CPA Co-Chair Whittemore & Associates Emily Bernhardt Goodwill Southern California Michael D. Berry, CPA Michael Berry, CPA Tayiika M. Dennis, CPA NSBN LLP Joua Lo, CPA Moss Adams LLP
Daniel Figueredo, CPA Burr Pilger Mayer, Inc. Kathleen A. Grogan, CPA Hood & Strong LLP Deborah Kaminski, EA DZH Phillips LLP Renee Ordeneaux, CPA RBZ LLP Marilyn J. Payne, CPA Marilyn J. Payne, CPA Lior Temkin, CPA SingerLewak LLP Donella M. Wilson, CPA Green Hasson Janks
Grand Hyatt San Francisco 345 Stockton St., San Francisco, CA 94108
CONFERENCE OVERVIEW
Overview: Not-for-profits face a broad range of unique challenges. Join industry leaders at this specialized one-day event to learn about the latest accounting, auditing, regulatory, and tax developments. Designed jointly by industry and public accounting experts, you will receive practical guidance on topics such as financing strategies, online fraud controls, and more. Designed for: CPAs, CFOs, executive directors, board members, attorneys and financial staff who work with not-for-profits. Credit Information (See individual sessions:) CPE: 8 Hours AA: up to 6 Hours MCLE: up to 4 Hours FR: up to 1.5 Hours GT: up to 1 Hour YB: up to 1 Hour Level: Update Prerequisites: None SILVER SPONSORS
SUPPORTING SPONSOR
AGENDA {AT-A-GLANCE} 08:30 08:35 09:25 10:15 10:25 11:35 12:35
02:15 02:25
03:40
04:30
Welcome Accounting & Auditing Update Tax Update Break Ask the Experts: Tax and Accounting Issues Lunch (provided) Accounting for Contributions OR Advanced Tax Issues Break Fraud Risk Factors, Schemes and Responses Impacting Not-for-Profits OR Financing Options Single Audit Update OR Insurance Matters Sponsored Reception and Q&A Bonus Session for San Francisco Attendees
This conference is also available at the Westin Los Angeles Airport on May 20, 2014
08:30
Welcome and Introductions
12:35
Accounting for Contributions Credit: 2 Hours AA This session will provide a deep dive into accounting for contributions received by NFP entities. Guidance will be drawn from the FASB Codification and the AICPA’s NFP Entities Audit & Accounting Guide, specifically “Chapter 5: Contributions Received and Agency Transactions.” Practical guidance will be provided.
Kimberly K. McCormick, CPA Grant Thornton LLP Gayle M. Whittemore, CPA Whittemore & Associates 08:35
Accounting & Auditing Update Credit: 1 Hour AA This session will feature an overview of the recent audit and accounting standard setting projects and developments issued by the AICPA’s Auditing Standards Board and FASB that affect NFPs. Getan expert’s perspective on the latest developments in clarity standards, cash flow, operating measure, donated services between related entities, changes to fair value and more.
Andrew M. Prather, CPA Clark Nuber P.S. {OR} Advanced Tax Issues Credit: MCLE Sharpen your skills with this advanced session. Leaders will share insights and advice about UBIT and charitable contribution deductions, political activity and lobbying, state and local tax liabilities and more.
Lee Klumpp, CPA, CGMA BDO USA LLP 09:25
Tax Update Credit: MCLE Learn about tax law changes and recent developments impacting not-for-profit organizations. Hear from an expert with extensive experience working with tax-exempt organizations about what’s new in the realms of foreign reporting, regulatory and IRS rulings, and Form 990 reporting.
Moderator Joseph S. De Trane, CPA, Esg. Grant Thornton LLP Panelists Rosemary E. Fei, Esq. Adler & Colvin
Joseph S. De Trane, CPA, Esq. Grant Thornton LLP 10:15
{Break}
10:25
Ask the Experts: Tax and Accounting Issues Credit: .5 Hour AA Learn practical guidance for tax accounting issues, navigate common pitfalls and more, during this informative panel session. Whether you are in industry or public accounting, this session is designed to make sure you’re in the know when it comes to tax and accounting issues. Joseph S. De Trane, CPA, Esq. Grant Thornton LLP Lee Klumpp, CPA, CGMA BDO USA LLP Tracy S. Paglia, CPA Moss Adams LLP Andrew M. Prather, CPA Clark Nuber P.S.
11:35
Lunch (provided)
{Concurrent Sessions}
Ofer Lion, Esq. Hunton & Williams, LLP Tracy S. Paglia, CPA Moss Adams LLP Akash D. Sehgal Green Hasson & Janks 02:15
{Break}
02:25
{Concurrent Sessions} 03:40 Fraud Risk Factors, Schemes and Responses Impacting Not-for-Profits Credit: 1.5 Hours AA; 1.5 Hours FR Revisit the fraud triangle, and look at fraud schemes plaguing not-for-profits in this compelling session. You will explore fraud risk factors and look at effective internal controls related to cash collections, credit card abuse, skimming, unauthorized use of organizational ID, records and financial reports and data. A. Christine Davis, CPA, CFF, CVA DZH Phillips, LLP
Ryan Bradley Regional Vice President Union Bank of California Jennifer Kawar Director, Financial Services Nonprofit Finance Fund Elizabeth Van Benschoten President Community Development Financial Institution BRIDGE Housing Corporation
SESSION DETAILS
Single Audit Update Credit: 1 Hour AA; 1 Hours GT; 1 Hour YB Learn about the latest information from the 2014 Compliance Supplement, federal grant reform, new data collection forms and common compliance findings. Plus, get tips for efficient and effective compliance audits. Kimberly K. McCormick, CPA Grant Thornton LLP {OR} Insurance Matters Everything from selecting your broker to cyber insurance—you won’t want to miss this comprehensive overview of insurance matter including identifying claims, reviewing risks and coverage, errors and omission and self-insurance.
{OR} Financing Options Credit: MCLE As a trusted adviser, you need to be able to guide your clients through important financing decisions. Choosing between tax-exempt status and traditional financing is just the beginning. Learn the practical considerations of financing strategies and options including: bonds, leasing, debt covenants and ratio analysis and risk tolerance.
{Concurrent Sessions}
Troy Winkles Arthur J. Gallagher & Co. 04:30
Sponsored Reception and Q&A Bonus Session for San Francisco Attendees Raffles and Tax Tracy S. Paglia Moss Adams LLP Insurance Troy Winkles Arthur J. Gallagher & Co. Gifts in Kind Daniel Figueredo Burr Pilger Mayer Inc. Political Activity and Lobbying by Tax-Exempt Organizations Rosemary E. Fei, Esq. Adler & Colvin Volunteers Ofer Lion, Esq. Hunton & Williams LLP
CALCPA EDUCATION FOUNDATION
DISCOUNT PROGRAMS Our Value-Priced Education (VPE) programs are now: • an exclusive benefit for CalCPA members; • valid for one year from date of purchase; and • valid for all conferences, courses and self-study products.
†
VPE 80 You’ll save hundreds while earning up to 80 hours of CPE through our conferences, courses and self-study products. As a CalCPA member, you’ll be saving up to $1,955* with VPE 80. CalCPA Members: $1,295
VPE 40 Whether you’re interested in a full CE Week, conferences, courses or self-study products, you’ll be getting your education at a great price. Save up to $830* with VPE 40. CalCPA Members: $795
VPE 24 If you only need 20 hours of CPE, you want to attend a staff training or you are interested in three great conferences, the best place to start is VPE 24. Get your feet wet before taking the VPE 80 plunge. Buy today and you can save up to $300.* CalCPA Members: $675
*Saving based on live/webcast conference costs per hour for members and Value-Priced Education program purchasers.
calcpa.org/discount (800) 922 5272
REGISTRATION INFORMATION Register Online // CALCPA.ORG/NPC14 Contact CalCPA Education Foundation P.O. Box 45066 San Francisco, CA 94145-0066 Phone (800) 922-5272 Fax (888) 868-8558 Web calcpa.org Event Pricing Member $325 Nonmember $425 Conference Registration May 20 // Los Angeles Event Code // 5141343A
Registration Policy All registrations are taken on a first-come, firstserved basis. The CalCPA Education Foundation reserves the right to refuse admission to any individual whose behavior it deems inappropriate. Cancellation Policy If you need to cancel your registration, you must cancel four business days prior to the event to receive a full refund. After that time a refund will be given less a $125 cancellation fee. No refunds will be given for no-shows. VPE no-shows will have the number of registered CPE hours deducted from their VPE credit.
May 21 // San Francisco Event Code // 5141343B
Coupon no-shows will forfeit the coupon used to register. For registration policies please go to calcpa. org/policies.
May 21 // Webcast Event Code // 5141343C
Note: Topics and speakers are subject to change. For up-to-date information, please go to calcpa.org
Discount Programs Save hundreds with Value-Priced Education (VPE) and Coupons. VPE 80 $1,295 CalCPA Member VPE 40 $795 CalCPA Member VPE 24 $675 CalCPA Member Coupon 10 $2,495 CalCPA Member Learn more about CalCPA discount programs, (800) 922-5272 or calcpa.org/discount Materials for this conference are provided in PDF format. You will receive an email which contains a link for accessing the materials at least three days before the conference.
CalCPA Education Foundation is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417 or www.learningmarket.org.
CalCPA Education Foundation
CONFERENCE GRAND HYATT SAN FRANCISCO & WEBCAST May 21, 2014
NOT-FOR-PROFIT ORGANIZATIONS
1800 Gateway Drive, Suite 200 San Mateo, CA 94404 800.922.5272 www.calcpa.org
Not-for-Profit Organizations Conference
May 21 2014 - San Francisco & Webcast
CalCPA Education Foundation
PAID
Organization U.S. Postage