This conference sponsored by: BDO USA, LLP Accounting, Tax, Audit & Consulting Services bdo.com. 2 Not-for-Profit Conference

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2 This conference sponsored by: BDO USA, LLP Accounting, Tax, Audit & Consulting Services bdo.com 2 Not-for-Profit Conference

3 Essential CPE for Indispensable CPAs Your services are vital for not-for-profit organizations. Success and even survival depend upon sound management of limited funding and shrinking resources not to mention meeting new regulations and requirements. The FICPA s Not-for-Profit Organizations Conference is back for 2015 with an agenda customized by CPAs in your specialty. Talk of essential audit updates, hot issues with the IRS, practical risk management and much more will fill the air. Join us for 16 hours of CPE! CPE Credit This conference qualifies for 11 Accounting & Auditing (AA) and 5 Technical Business (TB) hours of CPE credit and is subject to change. CPE credit is subject to approval by the Florida Department of Business and Professional Regulation. Your choice of two conference locations! #ficpanpc Tampa Ft. Lauderdale 3

4 Conference at-a-glance Thursday May 28 in Tampa 7:30-8 a.m. Registration and Continental Breakfast 8-8:10 a.m. Introductions and Opening Remarks 8:10-9 a.m. Nonprofit Analytics 9-9:50 a.m. Single Audit Update 10:05-10:55 a.m. Single Audit Update (Continued) 10:55-11:45 a.m. Data Security / IT Controls: The Current Data Security Threat Landscape 12:40-1:30 p.m. Florida Sales & Use Taxes for Not-for-Profits 1:30-2:20 p.m. FORM 990 & 990-T Updates 2:35-3:25 p.m. Nonprofit & IRS Hot Issues 3:25-4:15 p.m. Expert Panel Hot Topics on the Nonprofit Horizon Friday May 29 7:30-8:10 a.m. Continental Breakfast and Remarks 8:10-9 a.m. Employment Law Update Everyday Risk Management 9-9:50 a.m. Accounting and Auditing Standards Update 10:05-10:55 a.m. Accounting and Auditing Standards Update (Continued) 10:55-11:45 a.m. Cost Allocations for Nonprofits 12:40-1:30 p.m. Practical Risk Assessment How the Real World Does It 1:30-2:20 p.m. Not-for-Profit Insurance Mitigating Risks and Alternative Methods of Risk Transfer 2:35-3:25 p.m. Breaking the Golden Rule If You're the Fiduciary, the Costs are High (and Personal) 3:25-4:15 p.m. Fraud Basics and Performing Fraud Investigations Tampa 4 Not-for-Profit Conference

5 Thursday May 28 in Ft. Lauderdale 7:30-8 a.m. Registration and Continental Breakfast 8-8:10 a.m. Introduction and Opening Remarks 8:10-9 a.m. Employment Law Update Everyday Risk Management 9-9:50 a.m. Accounting and Auditing Standards Update 10:05-10:55 a.m. Accounting and Auditing Standards Update (Continued) 10:55-11:45 a.m. Cost Allocations for Nonprofits 12:40-1:30 p.m. Practical Risk Assessment How the Real World Does It 1:30-2:20 p.m. Not-for-Profit Insurance Mitigating Risks and Alternative Methods of Risk Transfer 2:35-3:25 p.m. Breaking the Golden Rule If You're the Fiduciary, the Costs are High (and Personal) 3:25-4:15 p.m. Fraud Basics and Performing Fraud Investigations Friday May 29 7:30-8:10 a.m. Continental Breakfast and Remarks 8:10-9 a.m. Nonprofit Analytics 9-9:50 a.m. Single Audit Update 10:05-10:55 a.m. Single Audit Update (Continued) 10:55-11:45 a.m. Data Security / IT Controls: The Current Data Security Threat Landscape 12:40-1:30 p.m. Florida Sales & Use Taxes for Not-for-Profits 1:30-2:20 p.m. FORM 990 & 990-T Updates 2:35-3:25 p.m. Nonprofit & IRS Hot Issues 3:25-4:15 p.m. Expert Panel Hot Topics on the Nonprofit Horizon Ft. Lauderdale 5

6 7:30-8 a.m. Registration & Continental Breakfast 8-8:10 a.m. Introduction and Opening Remarks 8:10am-9 a.m. Nonprofit Analytics (1 AA) Dr. Ravi Behara Associate Professor / Florida Atlantic University ITOM Department, College of Business Boca Raton This session will cover various areas of analytics as they relate to nonprofit management. Topics include the nature of data-driven decision-making, application areas from donor management to outcome measurement, types of analytic tools, analytics maturity and the judgment-analytics balance. 9-9:50 a.m. Single Audit Update (1 AA) Amy J. Mierzejewski, CPA, CISA Senior Manager, Assurance Services / Gregory, Sharer & Stuart, PA St. Petersburg and Robert M. Mainelli, CPA Assurance Services Senior / Gregory, Sharer & Stuart, PA St. Petersburg After several years, there has finally been an update to the Federal Single Audit. Join us as we discuss the changes to the Act and how those changes can impact your audit. 10:05-10:55 a.m. Single Audit Update (Continued) (1 AA) 10:55-11:45 a.m. Data Security / IT Controls: The Current Data Security Threat Landscape (1 AA) Caryn Reiker Director of Business Development / MSL Technologies Altamonte Springs Learn about the current data security threat landscape, including concerns in protecting your financial data. 12:40-1:30 p.m. Florida Sales & Use Taxes for Not-for-Profits (1 TB) Joseph C. Moffa, Esq., CPA Shareholder / Moffa, Gainor & Sutton, PA Ft. Lauderdale and James H. Sutton Jr, CPA, Esq., LLM (TAX) Shareholder / Moffa, Gainor & Sutton, PA Tampa While not-for-profit organizations enjoy many exclusions from Florida sales and use tax, these organizations have many areas in which sales tax must be paid. Use tax must be accrued and sales tax must be collected/remitted. Not-for-profits, like any other type of company, are liable for mistakes. This presentation touches on many of the Florida sales and use tax issues for not-for-profits. 6 Not-for-Profit Conference

7 in Tampa Thursday, May 28, :30-2:20 p.m. FORM 990 & 990-T Updates (1 TB) Amy K. Chapman, MBA, CPA, CFE Manager / CliftonLarsonAllen, LLC Orlando Explore the changes related to the completion of specific sections of the 990 and 990-T; the different positions and compensation to report in PART VII of the 990; and the different types of UBI to report on 990-T. I will answer your questions about fundraising and Schedule G upon request. 2:35-3:25 p.m. Nonprofit & IRS Hot Issues (1 TB) Amy K. Chapman, MBA, CPA, CFE Manager / CliftonLarsonAllen, LLC Orlando We will cover hot issues including compensation, private insurement and intermediate sanctions. I also will address the new 1023-EZ application; losing your exempt status; and international activities reporting. 3:25-4:15 p.m. Expert Panel Hot Topics on the Nonprofit Horizon (1 TB) Oxana Cardini, CPA Moderator Vice President, Finance and Administration / National Parkinson Foundation Miami and Daniel Jurman Vice President for Community Impact / Community Foundation of Tampa Bay Tampa and William E. Seiter, CPA, MBA Director of Finance / Boys & Girls Clubs of the Suncoast Largo Our expert panelists will discuss current issues in the not-for-profit industry with a special focus on investments. Bring your questions to the experts! Early Bird is changing! See page 15 for details. 7

8 7:30-8:10 a.m. Continental Breakfast and Remarks 8:10-9 a.m. Employment Law Update Everyday Risk Management (1 TB) Joyce Chastain Senior Consultant / The Krizner Group Tallahassee There is litigation potential at each point of the employment life cycle. This session is designed to educate organizational decision-makers on best practices of interaction with employees at each point along the employment journey. We ll explain why there is greater risk of litigation and/or governmental fines and sanctions now than ever before. Specific tactics will be shared for complying with regulations and creating a harmonious workplace. The attendees in this session will learn how to: identify the various points of the employee life cycle and the litigation risk associated with each; recognize employee tells that could result in litigation if not amended; self-audit their processes and practices for exposure; and use the secret sauce to create and maintain an organization where risk is negligible. 9-9:50 a.m. Accounting and Auditing Standard Update (1 AA) Lee Klumpp, CPA, CGMA National Assurance Director Nonprofits and Higher Education BDO Bethesda, MD This session will cover relevant changes to the accounting and auditing standards, including recent pronouncements, exposure drafts and other guidance issued by the FASB and AICPA s Auditing Standards Board. Discussion will include recently-issued ASUs that are applicable to nonprofits and the current status of FASB exposure drafts and projects, including leases, financial instruments and others. Additionally, we will discuss recently-issued auditing standards by the AICPA s Auditing Standards Board and key areas identified in the AICPA s Not-for-Profit Risk Alert. 10:05-10:55 a.m. Accounting and Auditing Standard Update (Continued) (1 AA) 10:55-11:45 a.m. Cost Allocations for Nonprofits (1 AA) Daniel Bauer Managing Director / Florida Atlantic University Boca Raton Cost Allocations are often overlooked and unappreciated. Moreover, in terms of overall impact for nonprofit organizational performance, costs serve as a catalyst for nonprofit relevancy. Competitive fundraising and operational funding are critical factors determining long-term success as a going concern. 8 Not-for-Profit Conference

9 in Tampa Friday, May 29, :40-1:30 p.m. Practical Risk Assessment How the Real World Does It (1 AA) William E. Mazer CFO / Episcopal Children s Services, Inc. Jacksonville This course will provide, through examples, tools to help not-for-profit managers develop an understanding of how to identify and control day-to-day risks that would normally be encountered in a small accounting shop. 1:30-2:20 p.m. Not-for-Profit Insurance Mitigating Risks and Alternative Methods of Risk Transfer (1 AA) David G. Pilkington, AAI Senior Vice President/Director of Nonprofit Division / Wallace, Welch & Willingham, Inc St. Petersburg Nonprofits serve a unique role in society. The risks they bear also are unique. Risk retention groups, trusts, self-insurance and even 501c3 insurance companies are available to step in where the traditional insurance markets have failed to provide solutions. Learn how these alternatives differ and what risks are associated with their utilization. 2:35-3:25 p.m. Breaking the Golden Rule If You re the Fiduciary, the Costs are High (and Personal) (1 AA) Joyce Chastain Senior Consultant / The Krizner Group Tallahassee The duty to act prudently is one of a fiduciary s central responsibilities under ERISA. Following the pre-determined terms of responsibilities is the foundation for success as a fiduciary. But what is the real risk when something goes wrong? With fiduciary responsibilities, there is also potential liability. Fiduciaries who do not follow the prescribed standards of conduct may find themselves personally liable to restore any real /potential losses or to restore any diminished profits resulting from their actions. In this session, we ll discuss ways fiduciaries can reduce their exposure and limit their liability as well as strategies for demonstrating that they have carried out their responsibilities properly. 3:25-4:15 p.m. Fraud Basics and Performing Fraud Investigations (1 AA) William Blend, CPA, CFE Shareholder / Moore Stephens Lovelace, CPAs & Advisors Orlando Explore fraud basics such as the fraud triangle and beyond, fraud red flags, and fraud perpetrated against not-for-profit organizations. In addition, this session will discuss the process for performing a fraud investigation. 9

10 7:30-8 a.m. Registration & Continental Breakfast 8-8:10 a.m. Introductions and Opening Remarks 8:10-9 a.m. Employment Law Update Everyday Risk Management (1 TB) Joyce Chastain Senior Consultant / The Krizner Group Tallahassee There is litigation potential at each point of the employment life cycle. This session is designed to educate organizational decision-makers on best practices of interaction with employees at each point along the employment journey. We ll explain why there is greater risk of litigation and/or governmental fines and sanctions now than ever before. Specific tactics will be shared for complying with regulations and creating a harmonious workplace. The attendees in this session will learn how to: identify the various points of the employee life cycle and the litigation risk associated with each; recognize employee tells that could result in litigation if not amended; self-audit their processes and practices for exposure; and use the secret sauce to create and maintain an organization where risk is negligible. 9-9:50 a.m. Accounting and Auditing Standard Update (1 AA) Lee Klumpp, CPA, CGMA National Assurance Director Nonprofits and Higher Education BDO Bethesda, MD This session will cover relevant changes to the accounting and auditing standards, including recent pronouncements, exposure drafts and other guidance issued by the FASB and AICPA s Auditing Standards Board. Discussion will include recently-issued ASUs that are applicable to nonprofits and the current status of FASB exposure drafts and projects, including leases, financial instruments and others. Additionally, we will discuss recently-issued auditing standards by the AICPA s Auditing Standards Board and key areas identified in the AICPA s Not-for-Profit Risk Alert. 10:05-10:55 a.m. Accounting and Auditing Standard Update (Continued) (1 AA) 10:55-11:45 a.m. Cost Allocations for Nonprofits (1 AA) Daniel Bauer Managing Director / Florida Atlantic University Boca Raton Cost Allocations are often overlooked and unappreciated. Moreover, in terms of overall impact for nonprofit organizational performance, costs serve as a catalyst for nonprofit relevancy. Competitive fundraising and operational funding are critical factors determining long-term success as a going concern. 10 Not-for-Profit Conference

11 in Ft. Lauderdale Thursday, May 28, :40-1:30 p.m. Practical Risk Assessment How the Real World Does It (1 AA) William E. Mazer CFO / Episcopal Children s Services, Inc. Jacksonville This course will provide, through examples, tools to help not-for-profit managers develop an understanding of how to identify and control day-to-day risks that would normally be encountered in a small accounting shop. 1:30-2:20 p.m. Not-for-Profit Insurance Mitigating Risks and Alternative Methods of Risk Transfer (1 AA) David G. Pilkington, AAI Senior Vice President/Director of Nonprofit Division / Wallace, Welch & Willingham, Inc St. Petersburg Nonprofits serve a unique role in society. The risks they bear also are unique. Risk retention groups, trusts, self-insurance and even 501c3 insurance companies are available to step in where the traditional insurance markets have failed to provide solutions. Learn how these alternatives differ and what risks are associated with their utilization. 2:35-3:25 p.m. Breaking the Golden Rule If You re the Fiduciary, the Costs are High (and Personal) (1 AA) Joyce Chastain Senior Consultant / The Krizner Group Tallahassee The duty to act prudently is one of a fiduciary s central responsibilities under ERISA. Following the pre-determined terms of responsibilities is the foundation for success as a fiduciary. But what is the real risk when something goes wrong? With fiduciary responsibilities, there is also potential liability. Fiduciaries who do not follow the prescribed standards of conduct may find themselves personally liable to restore any real /potential losses or to restore any diminished profits resulting from their actions. In this session, we ll discuss ways fiduciaries can reduce their exposure and limit their liability as well as strategies for demonstrating that they have carried out their responsibilities properly. 3:25-4:15 p.m. Fraud Basics and Performing Fraud Investigations (1 AA) William Blend, CPA, CFE Shareholder / Moore Stephens Lovelace, CPAs & Advisors Orlando Explore fraud basics such as the fraud triangle and beyond, fraud red flags, and fraud perpetrated against not-for-profit organizations. In addition, this session will discuss the process for performing a fraud investigation. 11

12 7:30-8:10 a.m. Continental Breakfast and Remarks 8:10-9 a.m. Nonprofit Analytics (1 AA) Dr. Ravi Behara Associate Professor / Florida Atlantic University ITOM Department, College of Business Boca Raton This session will cover various areas of analytics as they relate to nonprofit management. Topics include the nature of data-driven decision-making, application areas from donor management to outcome measurement, types of analytic tools, analytics maturity and the judgment-analytics balance. 9-9:50 a.m. Single Audit Update (1 AA) Amy J. Mierzejewski, CPA, CISA Senior Manager, Assurance Services / Gregory, Sharer & Stuart, PA St. Petersburg and Robert M. Mainelli, CPA Assurance Services Senior / Gregory, Sharer & Stuart, PA St. Petersburg After several years, there has finally been an update to the Federal Single Audit. Join us as we discuss the changes to the Act and how those changes can impact your audit. 10:05-10:55 a.m. Single Audit Update (Continued) (1 AA) 10:55-11:45 a.m. Data Security / IT Controls: The Current Data Security Threat Landscape (1 AA) Caryn Reiker Director of Business Development / MSL Technologies Altamonte Springs Learn about the current data security landscape, including concerns in protecting your financial data. 12:40-1:30 p.m. Florida Sales & Use Taxes for Not-for-Profits (1 TB) Joseph C. Moffa, Esq., CPA Shareholder / Moffa, Gainor & Sutton, PA Ft. Lauderdale and James H. Sutton Jr, CPA, Esq., LLM (TAX) Shareholder / Moffa, Gainor & Sutton, PA Tampa While not-for-profit organizations enjoy many exclusions from Florida sales and use tax, these organizations have many areas in which sales tax must be paid. Use tax must be accrued and sales tax must be collected/remitted. Not-for-profits, like any other type of company, are liable for mistakes. This presentation touches on many of the Florida sales and use tax issues for not-for-profits. 12 Not-for-Profit Conference

13 in Ft. Lauderdale Friday, May 29, :30-2:20 p.m. FORM 990 & 990-T Updates (1 TB) David Trimner, CPA Nonprofit Principal / NE Region CliftonLarsonAllen, LLC Arlington, VA Explore the changes related to the completion of specific sections of the 990 and 990-T; the different positions and compensation to report in PART VII of the 990; and the different types of UBI to report on 990-T. I will answer your questions about fundraising and Schedule G upon request. 2:35-3:25 p.m. Nonprofit & IRS Hot Issues (1 TB) David Trimner, CPA Nonprofit Principal / NE Region CliftonLarsonAllen, LLC Arlington, VA We will cover hot issues including compensation, private insurement and intermediate sanctions. I will address the new 1023-EZ application; losing your exempt status; and international activities reporting. 3:25-4:15 p.m. Expert Panel Hot Topics on the Nonprofit Horizon (1 TB) Oxana Cardini, CPA Moderator Vice President, Finance and Administration / National Parkinson Foundation Miami and Juan Martinez Vice President/CFO/Treasurer / Knight Foundation Miami and Javier Soto President/CEO / The Miami Foundation Miami Our expert panelists will discuss current issues in the not-for-profit industry with a special focus on investments. Bring your questions to the experts! 13

14 Conference info Not-for-Profit Organizations Conference Planning Committee John A. Amrhein, Chair Oxana Cardini, Vice-Chair William Allen Lucio Bastien Jeanine Bittinger Kevin Carlson Adam Cohen Renea Coy Washington Mary Edda Day Tracy Deadman Joel DiCicco Eric Friedfeld Sheryl Kennedy Eileen Kilday Randall Luecke William Mazer David Moja Wilbert Santos William Seiter WG Spoor, II Keith Wheeler Lane Williams Tampa Conference Site & Accommodations Holiday Inn Westshore Airport Hotel 700 N Westshore Blvd Tampa, FL Phone: (813) FICPA Room Rate: $139 Single/Double (plus applicable taxes) Hotel Cutoff Deadline: Friday, May 8, 2015 Reservations made after the cutoff date will be subject to availability and current room rate. For reservations, please contact the Holiday Inn Westshore Airport Hotel directly at (813) Be sure to mention the FICPA Not-for-Profit Organizations Conference to receive the special group rate. Ft. Lauderdale Conference Site & Accommodations Sheraton ft. Lauderdale Airport Hotel 1825 Griffin Rd Dania, FL Phone: (954) FICPA Room Rate: $99 Single/Double (plus applicable taxes) Hotel Cutoff Deadline: Friday, May 1, 2015 Reservations made after the cutoff date will be subject to availability and current room rate. For reservations, please contact the Sheraton Ft. Lauderdale Airport Hotel directly at (800) Be sure to mention the FICPA Not-for-Profit Organizations Conference to receive the special group rate. CPE Policies You May Need to Know CPE policies may be found on our website at or on the confirmation sent upon completion of registration. Conference EZMaterials Are you using all of the ficpa Conference EZMaterials advantages? Available in Advance Download the EZMaterials PDFs to your laptop, tablet or other device seven days before the event. Searchable Save time by jumping right to a subject no more flipping through pages. Portable Upload your materials to the cloud or save to a flash drive and access anywhere. Green Help preserve our beautiful planet by saving paper. More convenient, greener and so much EZer. Save Big with Group Discounts Register five or more people from the same organization and receive special group discounts! Restrictions may apply. For more information, visit Did you know? You can apply your nonmember fee from this event towards an FICPA membership. Visit for more details and an application. 14 Not-for-Profit Conference

15 Registration Four ways to register for FICPA CPE Programs Internet registration can be placed at Fax a completed registration form with credit card information to the FICPA at (850) Call the FICPA Member Service Center at (800) or (850) to place a credit card order. Mail a completed registration form to: Continuing Professional Education, FICPA, P.O. Box 5437, Tallahassee, FL Contact Information Name FICPA Member No. Firm Address City/State/ZIP Telephone ( ) Check the following box(s) to receive membership information for: Florida CPA/PAC. FICPA Educational Foundation. Pricing In accordance with ADA requirements, if you are disabled and require special services, please check here. Someone from our office will contact you. Check here if registration reflects an address change. Please Choose One: Tampa (NPC) Ft. Lauderdale (NPC2) Two-Day Conference Pricing (both Thursday and Friday) Not-for-Profit Conference (NPC) Member Price Nonmember Price** Early Bird Price* $445 $695 Regular Price (as of 4/28/15) $500 $750 One-Day Conference Pricing Thursday or Friday Not-for-Profit Conference (NPC) Member Price Nonmember Price** Early Bird Price* $320 $445 Regular Price (as of 4/28/15) $375 $500 *Save Money! Take advantage of the Early Bird Price if you register more than 30 days in advance and save $55 off the regular price. Subtotal $ Total $ ** Nonmembers of the FICPA must add an additional $125 per day of instruction to the registration price. Save money and apply this fee to your FICPA membership fees.visit for more details. Method of Payment Check enclosed in the amount of $. Please charge my company-issued credit card: Please charge my personal credit card: VISA MasterCard American Express Discover Card Validation Code: (3 or 4 digit code located on the credit card) Cardholder Name Signature Exp. Date The FICPA is not responsible for checks or registrations delayed or lost in the mail. 15

16 (800) (850) P.O. Box 5437 Tallahassee, Florida Not-for-Profit Organizations Conference May 28-29, 2015 Tampa & Ft. Lauderdale Tampa Ft. Lauderdale