Nonprofit Conference
Begins: Ends:
(Check-In 8:15am EST)
Virtual
8.00 Credits
Member Price $359.00
Non-Member Price $519.00
Overview
You could pay $0 for this course!
Join virtually for our annual Nonprofit Conference! During this conference, we will hear from senior leaders in the Nonprofit Field! This conference is geared towards CPAs, accountants, tax advisers, auditors and other financial managers with not-for-profit clients as well as NFP financial executives and fiscal managers and staff at not-for-profits.
This course qualifies for reimbursement through the state’s Workforce Training Express Fund. Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course to be eligibleBy November 13th). The course code for this program is C-1801. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.
Sponsored by:
Wednesday, January 22
General Session
- Welcome and Opening Remarks
This session is available to registrants only.
General Session
- The 2025 Outlook for Massachusetts Nonprofits
Jim KlockeJim Klocke
Jim Klocke is the CEO of the Massachusetts Nonprofit Network (MNN) where he provides advocacy, capacity-building and public awareness services for nonprofits across the state. Prior to this role, Klocke served as executive vice president of the Greater Boston Chamber of Commerce.
This session is available to registrants only.
General Session
- Governance for NFPs
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Fiduciary duties of the executive leadership and board for the nonprofit (duty of care, duty of loyalty, and duty of obedience)
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Responsibilities of the nonprofit boards (oversight and evaluation of the leadership and financial conditions, and strategic planning)
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Best practices for board operations
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Compliance requirements and risk management (policies, evaluating risks, Form 990, etc.)
This session is available to registrants only.
General Session
- NOCLAR for Not-for-Profit Auditor and Advisor
This program will help not-for-profit auditors and advisors identify and respond to instances of NOCLAR to comply with professional standards. The program also discusses recommendations of polices and procedures firms can adopt to document their compliance should an instance of NOCALR arise.
This session is available to registrants only.
General Session
- Closing Remarks
This session is available to registrants only.
Thursday, January 23
General Session
- Welcome and Opening Remarks
This session is available to registrants only.
General Session
- Financial Accounting Standards Board (FASB) Update
Jeffrey MechanickJeffrey Mechanick
Jeff Mechanick is the assistant director for nonpublic entities at the Financial Accounting Standards Board (FASB) where he provides strategic and technical oversight of all activities involving nonprofit organizations and private companies. In addition, he chairs the FASB’s Nonprofit Advisory Committee, oversees support of the Private Company Council and participates in some of the FASB’s broader outreach activities. Mechanick is also a member of the Technical Advisory Group, the International Financial Reporting for Nonprofit Organizations initiative (#IFR4NPO) and the overall lead staff member for the Blue-Ribbon Panel on Standard Setting for Private Companies and the FASB/IASB Financial Crisis Advisory Group.
In this session, we’ll discuss developments in U.S. generally accepted accounting principles (GAAP) that are important to nonprofits. Topics include accounting standards updates (ASUs) issued since last year’s conference, implementation matters concerning other recent ASUs, current financial reporting issues and current FASB projects.
This session is available to registrants only.
General Session
- Salaries/Benefits/Employment Law Panel
This session is available to registrants only.
General Session
- Contributions and Grants, Revisited
This session will provide a reminder of the requirements of contribution accounting. It will go into details to determine conditions, barriers and right of returns.? It will also go into some common areas of misapplication such as donor advised funds.? Case studies will be presented.
This session is available to registrants only.
General Session
- Changes to OMB’s Uniform Guidance and Other FAQs
Jennifer Louis, Emergent Solutions Group LLCJennifer Louis
Jennifer Louis, CPA, has more than 14 years of experience in designing and instructing high-quality training programs. In 2003 she joined Emergent Solutions Group, LLC, a consortium of professionals serving organizations on a project- or part-time basis to create a division dedicated to training services. Prior to her role at Emergent Solutions Group, LLC, Louis served as executive vice president and director of training services at AuditWatch, Inc., a premier training and consulting firm serving the audit profession and was a financial/operational audit manager at AARP and an audit manager at Deloitte LLP, where she was an instructor for the firm’s national “Train the Trainers” program.
This session is available to registrants only.
General Session
- Closing Remarks
This session is available to registrants only.
- Jonathan Allia - Hebrew SeniorLife, Inc. (Roslindale, 02131)
- Christine Arace - Killeen Arace & Quinn, PC (Pittsfield, 01201)
- Amy Christian - Lombardi, Clairmont & Keegan (Pittsfield, 01201)
- Lauren Collinson - FSG Inc (Boston, 02116)
- Mark Conley - Conley & Wood PC (North Easton, 02356)
- Julia Cronin - Livingston & Haynes PC (Wellesley, 02482)
- Wendi Haynes - Livingston & Haynes PC (Wellesley, 02482)
- Karen Hodge - Foundation for Neurological Diseases (Newburyport, 01950)
- Maura Hughes - Boston MedFlight (Bedford, 01730)
- John Keegan - Lombardi, Clairmont & Keegan (Pittsfield, 01201)
- Steven Moutsoulas - Johnson O'Connor (Wakefield, 01880)
- Jeanne Pagnozzi - eCratchit (Hingham, 02043)
- Wendy Powell - CliftonLarsonAllen LLP (Boston, 02110)
Non-Member Price $519.00
Member Price $359.00