Baker Tilly not-for-profit governance and fiscal workshop 2024
Inside:
Events

2024 not-for-profit governance and fiscal workshop

Join Baker Tilly's not-for-profit (NFP) specialists for our annual virtual governance and fiscal workshop. Attendees will gain actionable insights and strategic tools to enhance leadership, improve operations and advance your mission. Over the course of two days on June 5-6, get ready to explore myriad governance, financial, operational, accounting and compliance topics that are essential to NFP organizations.

Agenda

June 5
  • Noon ET: Welcome remarks with Krista Pankop, Not-for-profit Practice Leader
  • 12:05-1:20 p.m. ET: Panel discussion: Mergers, acquisitions, joint ventures, oh my! Not-for-profit leaders share lessons learned
  • 1:20-1:30 p.m. ET: Break
  • 1:30-2 p.m. ET: Key human capital considerations for NFP mergers and acquisitions
  • 2-2:05 p.m. ET: Break
  • 2:05-2:55 p.m. ET: How collaborations create opportunities to advance your organization's mission and goals
  • 2:55-3 p.m. ET: Day 1 closing remarks with Krista Pankop
June 6
  • Noon ET: Welcome back remarks with Krista Pankop
  • 12:05-12:55 p.m. ET: Lakeside chat: Combatting cybercrime with a proactive cybersecurity strategy
  • 12:55-1 p.m. ET: Break
  • 1-1:50 p.m. ET: Compliance update: Uniform Guidance changes, hot topics and industry trends
  • 1:50-2 p.m. ET: Break
  • 2-2:50 p.m. ET: A year in tax: what we've seen
  • 2:50-3 p.m. ET: Day 2 closing remarks with Krista Pankop

Six (6) CPE credits will be offered in various fields of study. Navigate to the session descriptions below for more information.

2024 NFP governance and fiscal workshop sessions

Project Intelligence helps you gain real-time insights into employee time and performance.

June 5

Panel discussion: Mergers, acquisitions, joint ventures, oh my! Not-for-profit leaders share lessons learned

Not-for-profit leaders from across the country will share their organization’s merger or combination transition experience. Join us to explore why an organization seeks to establish a joint venture, merger or another innovative alliance to advance their impact in the community. Learn how to navigate critical board involvement, key leadership and strategy approaches, tips for evaluating systems and people, and the results of the newly formed organizations as they drive their collaborative mission forward.

Panelists:
  • Karen Gries, CPA, Director, Tax-Exempt Advisory, Baker Tilly (moderator)
  • Jean Phelps, CEO, Incompass Human Services  
  • Philip Yun, President and CEO, World Affairs 
  • Cheryl Hawkins, Board Member, MiSide
Key human capital considerations for NFP mergers and acquisitions

This session will provide an overview of critical human capital considerations your not-for-profit organization must be aware of when planning for mergers and acquisitions. Our human capital specialists will highlight key steps for planning, best practices, requesting information, comparative analysis, cost/benefit analysis and integration hurdles. They will also discuss potential risks and the red flags to look out for, with a heavy focus on needing fluid communication and collaboration between the parties involved.

Presenter: Deanna Kempinski, SPHR, Senior Manager, Baker Tilly Vantagen

How collaborations create opportunities to advance your organization’s mission and goals  

As not-for-profit organizations experience increased challenges, such as attracting and retaining talent, raising philanthropic and grant funding and maintaining service delivery, the environment in which today’s tax-exempt entities operate creates opportunities to think creatively as you look to meet your mission and enhance the value provided to your community. This session will address the opportunities associated with creative collaborations, including when to consider a unique joint venture, types of collaborations that may be appropriate and beneficial for organizations and how a strategic combination may provide an opportunity to achieve more, along with the tax implications of such decisions.

Presenters:
  • Karen Gries, CPA, Director, Tax-Exempt Advisory, Baker Tilly
  • Christine Faris, J.D., Director, Tax, Baker Tilly  

June 6

Lakeside chat: Combatting NFP cybercrime with a proactive cybersecurity strategy

Gather around the “campfire” as we discuss the various ways that cybersecurity intermingles with not-for-profit organizations. Discover how not-for-profits can incorporate preventative tactics and mitigation strategies to protect their organization and people from cyber-attacks. Our panelists will share how fraud and cybersecurity are growing risks and a success story from an organization that improved education and training for their cybersecurity strategy.

Panelists:
  • Laurie Horvath, CPA, Partner, Not-for-Profit Baker Tilly (moderator) 
  • Joe Shusko, CISA, PMP, Principal, Cybersecurity, Baker Tilly
  • Bernard Regan, Principal, Fraud & Forensic Investigations, Baker Tilly
Compliance update: Uniform Guidance changes, hot topics and industry trends 

During this session, we will explore the updates to the Uniform Guidance, discussing key changes related to compliance requirements, administrative rules and cost principles, and identify the impact of these changes on organizations receiving federal funding. We will also discuss practical implications and strategies for addressing hot topics in governmental auditing as highlighted by the AICPA Governmental Audit Quality Center (GAQC). Lastly, we will analyze trends observed during recent audits and provide a forward-looking update based on recent Federal legislation. 

Presenter: Blaine Jasper, CPA, Director, Baker Tilly

A year in tax: what we’ve seen

In this technical session, we’ll discuss some recent tax trends and topics we’ve seen come up over the last year. Walk through the latest unrelated business income (UBI) updates, including some clarity on UBI activity grouping and net operating loss (NOL) ordering rules. Learn more about state and local tax issues related to single member LLCs owned by not-for-profit organizations and navigating state solicitation registrations and audit/review requirements. Receive an overview on the excise tax on executive compensation and practical considerations around computing the tax due and IRS activity in this area.

Presenters:
  • Shelby Netz, CPA, MST, Senior Manager, Tax, Baker Tilly
  • Emily Maurice, CPA, Senior Manager, Tax, Baker Tilly

CPE sponsors

Information about CPE eligibility

There are no prerequisites for this webinar, and advance preparation is not required. There is no cost to attend this webinar. A certificate of completion will be emailed to you four to six weeks after the event.  

  • Level: Basic
  • CPE credit: Six (6) hours total credits
  • Fields of study: Auditing (Governmental), Business Management & Organization, Personnel/Human Resources, Specialized Knowledge, Taxes

For more information regarding administrative policies such as complaint and refund policies, please email [email protected]. 

Baker Tilly is registered with the National Association of State Boards of Accountancy 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 submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.

Who should attend

Seminar attendees listen to presenter

The NFP governance and fiscal workshop is valuable for executive leadership and accounting and finance professionals, including CEOs, CFOs, COOs, controllers, audit and finance committee members and board members from any type of not-for-profit organization, including healthcare organizations, educational institutions, foundations, social service agencies, private clubs, religious organizations and other mission-focused entities.

Bring a guest

Know someone who would benefit from this annual event? Our workshop is free to attend and open to all not-for-profit professionals and board members. Share this page with your team and/or professional contacts who are interested in learning more!

Similar events