2014 Not-for-Profit

sponsored by The National Bank of Indianapolis

Agenda

Return to Not-for-Profit Conference

7:30-8:15 a.m. CFO Roundtable Breakfast (optional)

(Suggested Topics - 990, UBIT, Tax issues [property and other])

8:30-9:30 a.m. Opening General Session
  A&A Update for NFPs (A&A)
James Schmutte, CPA, DBA, Ball State University
This session focuses on recent and developing activities of the four standard setters (GAO, AICPA, OMB and FASB) that impact nonprofit accounting and auditing.
 
9:40-10:40 a.m. Breakout Sessions
A.  Show Me the Money! (But Reasonably, Please)
Joseph Miller, JD, Faegre Baker Daniels

This session will focus on the current legal framework and policies associate with the payment of compensation by charitable organizations; the intermediate sanctions regime in IRC section 4958 that applies to excess benefit transactions, including unreasonably high compensation paid to executives of charities; the process for establishing a presumption of the reasonableness of an executive compensation package; issues related to the public reporting of executive compensation on Form 990; and potential new legislative and regulatory developments in this area.
 
B. Hidden in Plain Sight: Handling Fraud and Employee Dishonesty 
Mary O’Connor, ASA, CFE, Sikich LLP

Government and not-for-profit organizations are particularly vulnerable to acts of fraud and employee dishonesty. Most are never discovered and continues for years. This seminar outlines fraud schemes common to the government and not-for-profit communities that are rarely discovered in the audit process as well as methods to prevent opportunities for theft. The profile of the employee who typically engages in dishonest behavior is outlined and he or she may look familiar. Best practices related to handling an incident, evidence gathering and security, proper reporting, whistle-blower systems and use of forensic professionals are discussed. 
 
C. How to Keep your Board from Being Bored 
David Feinberg, CPA, Crowe Horwath LLP

Are you getting the most out of your current board? Is each board member plugged into your organization in a meaningful way and helping to make a difference? It all starts with knowing what you want from the board. Are they are working board there to help you get the day-to-day business done or are they there to provide strategic guidance, increase the network of the organization, and take on specific projects outside the scope of normal business? This session will focus on making sure you have an engaged successful board. This topics will include board roles, responsibilities, committees, advocacy, and board recruitment / succession planning. 
 
10:55-11:55 a.m. Breakout Sessions 
A.  Pass-Through Federal Awards – Unique Considerations for Pass-Through Entities, Recipients, and Auditors (A&A)
Amanda McGinity, CPA, Katz Sapper & Miller

This session will cover the responsibilities of pass-through entities and recipients, common pitfalls and challenges, as well as compliance audit procedures and common findings.
 
B.  Governance Boot Camp
Heather Moore, JD, Faegre Baker Daniels

Today’s nonprofit boards are both complex and diverse. They must administer to a plethora of organizational, programmatic, legal, tax and governance issues. This session will identify the complexity of board dynamics and reveal what needs to be accomplished as well as give examples of how to fulfill responsibilities. Topics will include executive compensation, conflicts of interest, Form 990 review, whistleblower protection, document retention and destruction, new tangible property issues, and gift acceptance policies. 
 
C.  Most Useful Excel Commands
Tommy Harrington, Tommy Harrington Enterprises, Inc.

Learn the easy-to-use commands that make Excel most productive. You’ll be amazed at all Excel’s commands for working with accounting data and information. Discover commands for entering, editing, manipulating, and summarizing data in seconds. Learn special techniques for using Excel’s commands to save hours of work. Use Special commands to select specific data within worksheets. Many shortcuts, techniques, and tips designed to save you time.
 
11:55-12:15—Conference Luncheon
12:15-12:45 p.m. Lunch Topic 
  Was Radar O'Reilly a Fraudster?
Daniel Porter, CFE

This session will review the elements of fraud, how proper internal controls can prevent and detect fraud, and some red flags of fraud to look for. We will look at Radar O'Reilly, one of the most beloved characters of the TV show M*A*S*H. He was trusted by his boss to run the administrative side of the U.S. Army medical unit. Were there red flags all around Radar? Did he have the opportunity to steal? We'll find out.

1-2 p.m. Breakout Sessions 
A. Bridging the “GAAP” Between the Development and Accounting Departments – “It Only Counts Once” (A&A)
Pete Ugo, CPA, Crowe Horwath LLP

This session will provide real-life examples where development and accounting departments differ in how they count gifts, and will offer suggestions on how to translate and mediate between these two departments. Topics discussed will include planned gifts and bequests; conditional pledges; in-kind gifts; is the accounting department’s input really necessary on a fundraising campaign?; have we really met our fundraising goal if we haven’t received any cash yet?; and accounting and development departments CAN get along!
 
B.  Shaping and Sustaining Your Unique Culture 
Nathan Salsbery, CPA, CFE, CGMA, CapinCrouse LLP

Every organization has a unique culture. Those organizations that intentionally shape their culture around core values and sustain it through deliberate best practices position themselves for long term success. In this session, three key ingredients for shaping and sustaining your organization’s culture will be presented and discussed.
 
C.  Excel’s Best Functions
Tommy Harrington, Tommy Harrington Enterprises

Functions and formulas are the most important part of Excel worksheets. Discover the functions that are the most useful when getting your daily work done. Learn to use VLOOKUP and other functions that might do the same job in better ways. Learn functions that can solve problems when importing data. You’ll discover functions that save hours of time when you summarize accounting data. Become an expert on the most useful Excel functions.
 
2:10-3:10 p.m. Breakout Sessions
A. Independence and Ethics – Navigating through Challenging Situations in the Not-for-Profit Environment (Ethics)
Michael Bedel, CPA, CGMA, Sponsel CPA Group
In this presentation, we will focus on how to prepare and equip you and your team to navigate potential challenging situations in your not-for-profit organization. We will discuss valuable policies and resources and walk through several scenarios to understand how to reach effective resolutions. 

B.  Integrated Reporting 
Jenny Norris, CPA, CGMA, Indiana CPA Society

Integrated reporting – what is it? How could I possibly write one? Is there value in integrated reporting for not-for-profit organizations? This presentation will give you a general overview of integrated reporting and what’s required to be in an integrated report. Since Norris has already authored an integrated report for the Indiana CPA Society, she will discuss her experiences and share feedback from various groups about the report and its value to not-for-profit organizations. 

C.  Excel PivotTables 
Tommy Harrington, Tommy Harrington Enterprises 

What is an Excel PivotTable? Can PivotTables help me create better reports? When do I need them? How do I create meaningful PivotTables and PivotCharts? These are just a few of the topics that will be covered in this seminar. You also will learn a new technique to update your PivotTable data with new data and retain formatting. Create calculated fields and calculated items. Learn to group items in a PivotTable to summarize data in new ways. Learn all the tricks for working with PivotTables.

3:25-4:35 p.m.-Closing General Session
  Doing More with Less!
Judy Hissong, Nesso Strategies, LLC

The demands of your role have grown stronger and stronger as we expect instant responses and 24/7 access. Our strongest ally is creativity and connection – getting the most out of our people and ourselves! We will discuss the importance of fostering your most important asset – your people – to maintain the stability and success of your organization; to recognize the situations that build stress and the role mindfulness plays; and identify tips and strategies for managing stress among your staff, your colleagues, and yourself.



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