Date: May 30, 2024
Time: 7:30 a.m. – 4:05 p.m. PT
CalCPA's annual conference brings together industry and public accounting experts to deliver timely updates surrounding the nonprofit market. You'll be able to engage with speakers who are leading sessions covering everything from new and developing tax issues to effective controls and private endowments. You'll gain a renewed understanding of pertinent accounting, audit, legal, tax and regulatory updates relevant to this sector.
Please note: the agenda and/or speakers are subject to change.
1000003222
Virtual
CPAs, CFOs, controllers, executive directors, attorneys and financial staff who work in a not-for-profit organization, CPAs who audit or prepare financial statements for not-for-profit organizations and nonprofit board members who want a better understanding of their organizations' economic issues.
Accounting (Governmental)
Update
Basic understanding of not-for-profit organizations.
None
Gain actionable insights to navigate misclassifications, revenue recognition challenges, and compliance hurdles, ensuring your organization maintains transparency and fiscal integrity.
Explore the critical role of the nonprofit sector in shaping public policy (and why elections matter!). This session will cover the power and purpose of nonprofits. Current federal issues such as donor disclosure rules, the Johnson Amendment, and Donor Advised Funds (DAFs) will be addressed. Learn about key developments in Sacramento, and legislation that affects nonprofits in the current 2023-2024 session. We'll also discuss how nonprofits can engage in policy-making to drive positive change and address pressing issues.
In this session, the FASB’s lead staff person for NFPs will guide you through recent and potential upcoming changes to GAAP affecting NFPs. We’ll focus on some recent ASUs (including ones on common control leases and on crypto assets), implementation matters on the new credit losses (CECL) standard, and some noteworthy current FASB projects (including ones on software costs and on environmental credit programs).
Gain practical insights to leverage available credits, optimize financial strategies, and ensure compliance in an ever-evolving tax landscape, fostering financial resilience and sustainability for your organization.
Gain practical insights to leverage available credits, optimize financial strategies, and ensure compliance in an ever-evolving tax landscape, fostering financial resilience and sustainability for your organization.
Discover the intricacies of charity rankings and their impact on non-profits. We'll delve into the significance of the 990 form for major donor evaluation, demystifying the latest rating systems. Gain actionable insights to optimize your organization's ranking, unlocking its full potential to attract funding and drive impactful outcomes in the non-profit sector.
This session will provide a comprehensive update on the Single Audit, focusing on the 2024 compliance supplements, the current status of uniform guidance updates, and the latest developments with the federal audit clearing house. Gain crucial insights to ensure compliance and streamline audit processes, empowering your organization to navigate regulatory changes effectively in the ever-evolving landscape.
Multiple Sessions to Select from
This session covers some of the more complex aspects of applying the lease accounting guidance in ASC 842, including lease modifications, terminations, subleases, and impairment considerations. The session will use a series of case studies to introduce the topics and to explore how each topic should be considered.
We'll explore the intricacies of non-profit lobbying and political activities during election years, focusing on Form 990 Schedule C requirements, essential do's and don'ts, and disclosure best practices.
Multiple Sessions to Select from
In this session we will cover the different revenue and support that nonprofits receive. We will look at what revenue follows contribution accounting or other accounting guidance and what that means. After determining that a contribution is received we will review the differences between restrictions and conditions.
Explore advanced UBI activities, common pitfalls, and frequently encountered issues, with a focus on addressing FAQs and navigating foreign tax filings. Gain practical insights to optimize UBI management, ensuring regulatory compliance and financial sustainability for your organization.