FOUNDATIONS OF FUND AUDITING

Transcription

1 FOUNDATIONS OF FUND AUDITING June 27 & 29, 2016 :: 1:00-2:30 p.m. EDT Are you prepared for an audit of your endowed funds? OVERVIEW Learn how to make an endowed fund audit more approachable for your entire team. This two-session webcast will break down auditing into step-by-step pieces and provide recommendations for handling misspent, unspent, or underwater funds. Session one will focus on a basic approach to auditing your existing funds to ensure institutional compliance, while session two will focus on auditing existing funds to ensure donor intent. INTERACTIVE WEBCAST FORMAT This webcast series will include several activities and resources designed to help you and your team identify potential risks, communicate with donors whose funds have not been used properly, and develop a plan for moving forward. VISIT EVENT PAGE

2 WHO SHOULD ATTEND Advancement services professionals will learn how to audit funds to ensure compliance for both their institution as well for their donors. LEARNING OUTCOME After participating in this online training, you will be able to effectively audit existing funds. CONTACT US FOR MORE INFORMATION Contact Gwen Doyle, Conference Director at or if you d like additional information about the program. CPE CREDITS Recommended CPE Credits: 3.0 Program Field of Study: Auditing Delivery Method: Group-Internet Prerequisites: None Program Level: Basic 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, Website: twitter.com/academicimpress 2

3 AGENDA Session 1: Auditing to Ensure Institutional Compliance June 27, 2016 :: 1:00 to 2:30 pm EDT Auditing funds to ensure compliance Researching existing gifts Collaborating across your advancement shop throughout the auditing process: Advancement services Development officers Donor relations Legal counsel Case study review: Considerations for donor communications when funds are: Underwater Misspent Unspent Housekeeping: Maintaining accurate gift documentation Considerations for: Paper files Electronic Files Naming conventions Accessibility considerations for donor gift records Session 2: Auditing to Ensure Donor Intent June 29, :00 to 2:30 pm EDT Preparing to audit endowed funds Conducting the audit Ensuring income was spent Ensuring income was spent in accordance with donor interests Handling spendable income Determining an acceptable range on unspent income Determining audit frequency Communicating audit findings to donors and other key stakeholders Case study examples twitter.com/academicimpress 3

4 INSTRUCTOR Debbie Meyers, Senior Director of Stewardship, University of Maryland Debbie heads up the donor relations team at the University of Maryland after serving in donor relations and stewardship roles at Carnegie Mellon University and the University of Florida Foundation. Debbie was director of stewardship and donor relations at the University of Florida Foundation for nine years, serving as a central resource to forty-five development officers at twenty colleges and units. Her development career began in 1986 as publications director for the health center development office at UF. She also was development and alumni director at Bishop Moore Catholic High School, her alma mater. She is a founding board member for the Association of Donor Relations Professionals. twitter.com/academicimpress 4

5 FOUNDATIONS OF FUND AUDITING June 27, 2016 & June 29, 2016 :: 1:00-2:30 p.m. EDT PLEASE FAX ALL REGISTRATION PAGES TO: PRICING & REGISTRATION (CIRCLE ONE) BEST VALUE LIVE WEBCAST WEBCAST RECORDING WITH AI PRO MEMBERSHIP Both Live Webcasts + Both CD Recordings Both Live Webcasts (Additional connection $195 each) Both CD Recordings ($35 shipping fee outside of U.S. and Canada) or Both 180 day On-Demand Download Get this Webcast FREE with your AI Pro membership Learn More $975 $650 $650 FREE EARLY BIRD PRICING Postmarked on or before June 20, After June 20, 2016, an additional $75.00 fee for the first connection and $50.00 fee for each additional connection applies. REGISTER ONLINE or below. PAYMENT METHOD: We accept Visa, MasterCard, and American Express credit cards. To pay by check, include the check with this form or select the invoice me option. Fax form to or mail form along with payment to:, 4601 DTC Blvd., Ste. 800, Denver, CO Print Name Job Title Institution/Organization Address Fax City State/Province Zip/Postal Code Country Telephone CREDIT CARD AMOUNT TO CHARGE: Name on Card Account Number Billing Address Billing City Billing State Billing Zip Code/Postal Code CHECK/INVOICE Exp. Date Security Code (last 3 digits on the back of Visa and MC or 4 digits on front of AmEx) My check is included and covers registration(s) Check # twitter.com/academicimpress 5