Events Search
  Summary & Check Out (0)
Wednesday, May 6, 2020 Webcast

2019 Nonprofit Conference - A&A Sessions (Replay) (E2005644)

8:00 AM - 2:10 PM EDT

Registration: 7:45 AM EDT

webcast

Webcast

6.5 CPE Credits in AA

OVERVIEW

Nonprofit organizations are dealing with change on multiple horizons. Attend this replay of the 2019 Nonprofit Conference to get the updates you need to better serve your clients.

DESIGNED FOR

CPAs and financial professionals working for nonprofit organizations or representing nonprofit clients.

HIGHLIGHTS

Industry Update and Post-Implementation of FASB 2016-14
Louis J. Mezzina, CPA
Not-for-profit organizations are frequently in the news. Examine headlines to understand what drives the stories and discover key takeaways. Then, discuss lessons learned from the implementation of FASB 2016-14.

Grants and Contracts for Not-for-Profits
Richard A. Cole, CPA - BKD
This session will provide an overview of the FASB’s new grants and contracts accounting standard update and some implementation ideas.

Leases – Implementing the Changes for Lessees
Brad E. Muniz, CPA – SobelCo
Frank R. Boutillette, CPA, CGMA, ABV – Withum

Discuss an overview of the changes to the lease standards, examples of lessee implementation and certain nuances that are commonly overlooked.

The 2019 Yellow Book and Single Audit Update
Alexander K. Buchholz, CPA, MBA, CGMA – PKF O’Connor Davies, LLP
Examine changes for those audits conducted under the Uniform Grant Guidance, along with forthcoming Yellow Book revisions and independence for non-attest services.

Risk Assessment
June M. Toth, CPA, CFF, CITP, CGMA – ZBT Certified Public Accounting & Consulting, LLC
Since the issuance of the Risk Assessment Standards, Peer Review teams have found that more than one in 10 firms failed to comply with AU-C Section 315 or 330. Learn what are the most pervasive issues that Peer Review teams have uncovered and how to avoid them. Review:
  • What are the misconceptions leading to non-compliance that relate to understanding the entity and it’s environment, assessing the risks of material misstatement and performing procedures in response to assessed risks.
  • Consider how to determine responses identified and assessed risks by selecting or designing procedures.
  • What risks are relevant to the financial statement audit?

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

This is a replay of the 2019 Nonprofit Conference. If you previously attended these sessions, you will not be eligible for credit again.

INSTRUCTORS

Frank Boutillette

Frank R. Boutillette, CPA, CGMA, ABV

Partner

WithumSmith+Brown

Frank is a partner in Withum’s New York office and has over 25 years of accounting and auditing experience. Specializing in accounting, auditing and business valuation services, Frank is a licensed CPA in New York and New Jersey. He is a member of Withum’s Financial Services & Investment Group and has significant experience working with investment companies (hedge funds, mutual funds and ETFs), broker-dealers, private equity and venture capital funds, registered investment advisors and closely-held businesses. He also performs peer and quality reviews of CPA firms. He is a member of the American Institute of CPAs (AICPA) and the NJCPA, where he served as president for the 2015/16 term. Frank is also a member of the NJCPA Peer Review Executive Committee, which administers peer reviews on behalf of the AICPA in New Jersey. He is a co-author of three books on accounting.

Alexander Buchholz

Alexander K Buchholz, CPA, MBA, CGMA

Audit Partner

PKF O'Connor Davies, LLP

Alexander K. Buchholz, CPA, MBA, CGMA is an Audit Partner in the Not-for-Profit and Health Care Practices of PKF O’Connor Davies, LLP. Alexander has fifteen years of experience in public accounting. His areas of specialty include audits of not-for-profit entities, health care entities, and special needs clients, cost reporting as applicable to health care and not-for-profit entities, as well as Single Audits conducted in accordance with the Uniform Grant Guidance. Alexander is also an adjunct professor of accounting within the City University of New York as well as Mercy College. Alexander also serves on a number of professional and academic affiliations. Alexander’s journal publications have covered accounting, audit, tax and education topics and he has presented on both a professional and academic level.

Richard Cole

Richard A. Cole, CPA, CGMA

Partner

BKD, LLP

Rick Cole is a partner in the New York City office of BKD specializing in audits and advisory services for not-for-profit and higher education organizations. Rick is widely regarded nationally for his knowledge related to Not-for-Profit accounting standards and has been a frequent speaker with NACUBO, the AICPA, and various state societies of CPAs. He joined the firm recently from the FASB.

Before joining BKD, Rick worked at the FASB, where he served as a supervising project manager. In that role, he was the project manager on Accounting Standards Update (ASU) 2016-14, Presentation of Financial Statements of Not-for-Profit Entities; ASU 2018-08, Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made; ASU 2019-03, Updating the Definition of Collections; and the Financial Performance Reporting for business entities project. He was also the coordinator for FASB’s NFP Advisory Committee and the Private Company Council.

Prior to joining the FASB, Rick was the Vice President and Controller at the American Museum of Natural History in New York, where he worked for over seven years, and before that was a senior manager with KPMG LLP, where he worked for over fourteen years and specialized in audits of higher education institutions and other NFPs. Rick is a lecturer at Columbia University’s School of Professional Studies in their Non-Profit Management program. Rick earned a BS and an MBA from Montclair State University. He is a CPA in New York and New Jersey and is a member of the AICPA and the New York State Society of CPAs.

Louis Mezzina

Louis J. Mezzina, CPA

KPMG LLP

Lou Mezzina is a retired KPMG Audit Partner with more than 40 years experience and served as National Industry Director for the firm’s Higher Education and Other Not-for-Profit Organizations practice from 2002 through his retirement in 2014. He continued to support that practice through March 2019 as a Senior Advisor, supporting knowledge sharing efforts within and outside the firm.

Lou received his BS degree in accounting, summa cum laude, from The State University of New York at Albany. He is a former chairman of the Not-for-Profit Organizations Committee of the New York State Society of Certified Public Accountants and served a three-year term on the Not-for-Profit Organizations Committee of the AICPA. He is a past president of the Make-A-Wish Foundation of Metro New York.

Brad Muniz

Brad E. Muniz, CPA

Partner in Charge of Accounting & Auditing

SobelCo

Brad is a member of the firm and director of accounting and auditing at SobelCo, serving small businesses and individuals in the areas of accounting, auditing, tax and business consulting. He has significant experience in financial reporting, tax compliance and planning for closely held businesses, SEC registrants, nonprofit organizations and strategic business planning, and in industries, such as real estate, construction, architectural and engineering, retail, hospitality and manufacturing. Brad is a member of the AICPA and the NJCPA, and was a former NJCPA president. In addition, Brad has served as an adjunct professor of accounting at William Paterson University and the College of Saint Elizabeth.

June Toth

June M. Toth, CPA, CFF, CITP, CGMA

Managing Member

ZBT Certified Public Accounting & Consulting, LLC

June M. Toth, CPA, CFF, CITP is the managing member of ZBT Certified Public Accounting & Consulting, LLC in Clark, NJ. June has over 20 years of experience in public accounting. Services she performs include forensic and litigation engagements for contested estates, shareholder disputes, preparation of economic damage reports, and expert witness testimony, individual and business taxation (multistate), estate/fiduciary accounting/taxation, nonprofit information returns, management consulting, litigation support/forensic accounting, compilations, reviews, and audits. Ms. Toth enhances her technical knowledge by active participation in NJCPA interest groups as well as performing Peer Reviews and inspections/engagement quality reviews for other CPA firms.

June is a NJ licensed CPA and received her CFF designation. She is also Certified Part 36 in NY. June is a frequent lecturer presenting on various topics to groups throughout NJ. She is a member of both the AICPA and NJCPA where she is active on various technical groups. Her clients include franchises, service and wholesale industries, multistate entities, nonprofits, estates/guardianships and litigation support/forensic accounting.

She holds a B.S. in Accounting from Rutgers University where she graduated Summa Cum Laude.

PRICING

$139.00 - Member

$239.00 - Non Member

$0.00 - Season Pass

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Request a reminder

Print a registration form