Not-for-Profit Organizations Conference (VIRTUAL)

Presented by: Jeffrey D. Mechanick - Senior Project Advisor, Not-for-Profit Organizations and Chairman, Not-for-Profit Advisory Committee, Financial Accounting Standards Board

In this session, we'll update you on developments in GAAP that are noteworthy for NFPs. We'll discuss new and recent Accounting Standards Updates (ASUs); key implementation matters on recent standards; and select projects in the FASB's pipeline.  We'll focus especially on the following:  the FASB’s current agenda and its public agenda consultation; recent and pending ASUs (e.g., Applying CECL to Short-Term Receivables) and ASUs now effective (e.g., Common Control Leasing Arrangements, Crypto Assets); and various current technical agenda and research projects (e.g., Software Development Costs, Intangible Assets). Please be sure to bring your questions!

This session is available to registrants only.

Presented by: Jonathan T. Marks, CPA, CFF, CITP, CGMA, CFE, MBA, & NACD Board Fellow - Principal, Forensics - Legal, Monitorships & Investigations at BDO

Sly Atayee - Director, Forensics at BDO

This presentation examines the twofold nature of fraud within nonprofit organizations, highlighting both internal ethical challenges and external threats. It emphasizes the importance of implementing a strong ethics framework and well-designed internal controls to address these issues effectively.

The discussion will integrate traditional frameworks like the Fraud Triangle and advanced theories such as the Fraud Pentagon, alongside insights from behavioral science, to offer a comprehensive understanding of fraud dynamics. Additionally, it will focus on strengthening systems to efficiently identify and mitigate fraud risks specific to the nonprofit sector, providing valuable insights for professionals involved in financial oversight and governance.

Key Learning Objectives:
By the end of this session, participants will be able to:
1. Identify Internal Ethical Challenges and External Fraud Risks – Understand the dual nature of fraud in nonprofit settings, recognizing both internal ethical dilemmas and external threats such as phishing scams.
2. Analyze Root Causes of Fraudulent Behavior – Use fraud risk management frameworks to evaluate the pressures, opportunities, and rationalizations behind fraud attempts within nonprofits.
3. Evaluate the Role of Organizational Culture in Preventing Fraud – Recognize how leadership, organizational values, and incentive structures influence ethical behavior and decision-making, and how they can be leveraged to prevent fraud.
4. Strengthen Internal Controls and Compliance Programs – Identify gaps in compliance efforts and understand how robust enforcement, monitoring, and accountability can enhance fraud detection and prevention.
5. Enhance Collaboration and Communication for Fraud Prevention – Foster collaboration and open communication channels within and across organizations to ensure timely sharing of information and coordinated efforts in detecting and responding to fraud attempts.

This session is available to registrants only.

Presented by: Jessica L. Draper - Principal at Jackson Lewis P.C.

Joseph  W. Fazzino - Associate at Jackson Lewis P.C.

Updates to Connecticut’s Paid Sick Leave Law and Practical Guidance on President Trump’s Newly Issued Executive Orders.

This session is available to registrants only.

Presented by: Gian-Carl Casa - President and CEO, The CT Community Nonprofit Alliance (The Alliance)

Community nonprofits, particularly those who provide health and human services, can’t meet their missions without adequate state funding. We’ll discuss the state budget outcome for nonprofits and what it means for the people who rely on them for services.

This session is available to registrants only.

Presented by: Mary Antonetti, CPA - Principal, Baker Tilly

Session details coming soon

This session is available to registrants only.

Presented by: Edward B. Spinella - Member at Harris Beach Murtha Attorneys at Law

Nicholas W. Vitti, Jr. - Member at Harris Beach Murtha Attorneys at Law

Session details coming soon

This session is available to registrants only.

Mary Antonetti, CPA - Principal, Baker Tilly

Edward B. Spinella - Partner at Harris Beach Murtha Attorneys at Law

Rebecca Lyman, CPA - Director at CohnReznick

Jennifer S. Bull - Partner at PKF O’Connor Davies LLP & PKF O’Connor Davies Advisory LLC

More details coming soon

This session is available to registrants only.