CONNFP25: Not for Profit Accounting Conference

Are you ready to elevate your nonprofit organization or practice to new heights? Join us for the 2025 NFP Conference, where staff, leaders, board members, and CPAs serving nonprofit clients come together. Share insights, strategies, and innovations that drive success in the nonprofit sector. This year's conference has a new desgign with two clear tracks. One track will offer workshops on the foundations of accounting and auditing principles, diving deep into topics like Yellow Book, endowments, and financial statements with industry experts. Enhance your skills and bring back actionable ideas to your organization. Our second track features panels and presentations on governance and financial management, showcasing innovative solutions with cutting-edge technologies and methodologies. Connect with peers, industry experts, and potential partners to expand your professional network during the day and at the evening reception with our business and industry partners.

 

Highlights: *Financial Statements *NFP 2025 Tax Challenges *Functional Expenses *Endowments *NFP Boards and Governance *Intro to Yellow Book *AI and Internal Controls *Uniform Guidance *Facing the Budget Gap: NFP Financial Leadership
Who Should Attend: CPAs,accountants, consultants, tax advisers, auditors and other financial managers with not-for-profit clients.
NFP financial executives, including CFOs, CEOs/executive directors, controllers, directors of finance and board trustees
Fiscal managers and staff at not-for-profits.
Event Level: Update
Required Knowledge: None
Advanced Preperation: None
Field of Study: Various
CPE: 8.00

 

 

THANK YOU TO THE 2025 CARDINAL SPONSORS!

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Objectives
  • Participants at the Not-for-Profit Conference will hear from peer experts on topics in auditing and accounting, tax revisions and much more. Learn from our NC field of experts and recognized thought leaders in the NFP community.
Event Information
Date Presented:
June 02, 2025 8:00 AM Eastern
Length:
8 hours, 30 minutes
Click on a topic name to see details and purchase options.
Monday June 2, 2025
1A: Navigating the Federal Funding Uncertainty

The nonprofit revenue landscape has had its share of tumult the past five years; though most organizations came out of the Pandemic with increased support and stronger balance sheets than ever before.  While many organizations were planning for a "fiscal cliff" in 2025, as individual donor trends flattened, philanthropy continued to shift priorities, and pandemic-related government sources dried up; the cliff has come faster and looked different than many expected.  During this session hear updates on the current status of government funding most impactful to nonprofits, impacts these changes and uncertainty are having on other funding sources (philanthropic, individual, etc), and discuss what your organization might do to successfully navigate this new landscape.


Field of Study: Business Management & Organization
CPE: 2.00

Speaker Information
David Heinan
Jordan Miller  [ view bio ]
Kelsey Vataas  [ view bio ]
1B: Common Error and Problems in NFP Financial Statements

Coming Soon!


Field of Study: Coming Soon!
CPE: 2.00

Speaker Information
Slater Solomon  [ view bio ]
1C: NFP Accounting Basics: Introduction to Financial Statements, Contributions, Net Assets, Agency Transactions

In-Person Only

 

This course qualifies for Yellow Book (Government Auditing Standards) CPE credit.

Not-for-profit organizations encounter distinct accounting complexities. This session provides an introduction to the financial statements and specialized accounting principles relevant to nonprofits. We'll cover the composition of the financial statements and also take a deep dive into the unique accounting for contributions, net assets and agency transaction. We'll use examples to apply what we learn through the session.

 

Learning Objectives:

• Identify the basic financial statements of nonprofit organizations

• Describe the accounting for contributions

• Recognize net asset classifications for nonprofit organizations

• Analyze a transaction to determine if its a contribution or exchange transaction


Field of Study: Accounting
CPE: 2.00

Speaker Information
Jaclyn Veno  [ view bio ]
2A: Asses the Internal Strength of Your Nonprofit Finance Team

Coming Soon!

 

Field of Study: Coming Soon!
CPE: 2.00

Speaker Information
Rhonda Devan  [ view bio ]
2B: Hot Topics at the FASB and Emerging Issues

Coming Soon!


Field of Study: Coming Soon!
CPE: 2.00

Speaker Information
Jeff Mechanic  [ view bio ]
2C: NFP Accounting Basics: Functional Expenses, Endowments, Programmatic Investments

In-Person Only

 

This course qualifies for Yellow Book (Government Auditing Standards) CPE credit.

Not-for-profit organizations encounter distinct accounting complexities. This session provides an introduction to the financial statements and specialized accounting principles relevant to nonprofits. We'll cover the composition of the financial statements and also take a deep dive into the unique accounting for contributions, net assets and agency transaction. We'll use examples to apply what we learn through the session.

 

Learning Objectives:

• Identify the basic financial statements of nonprofit organizations

• Describe the accounting for contributions

• Recognize net asset classifications for nonprofit organizations

• Analyze a transaction to determine if its a contribution or exchange transaction


Field of Study: Accounting
CPE: 2.00

Speaker Information
Jaclyn Veno  [ view bio ]
3A: Functional Expenses and Special Events

Coming Soon!

 

Field of Study: Accounting
CPE: 2.00

Speaker Information
Mig Murphy Sistrom
3B: Tax Lightning Round

Coming Soon!


Field of Study: Coming Soon!
CPE: 2.00

Speaker Information
Tina Henton  [ view bio ]
Laura Kenney  [ view bio ]
3C: NFP Auditing Basics: Introduction to Yellow Book

In-Person Only

 

This course qualifies for Yellow Book (Government Auditing Standards) CPE credit.

Performing engagements in accordance with Generally Accepted Government Auditing Standards (GAGAS), commonly referred to as the "Yellow Book," involves additional reporting, ethics, and performance requirements that go beyond those outlined in AICPA Generally Accepted Auditing Standards (GAAS). This course provides an overview of the guidance found in the Yellow Book and explores its relationship with the AICPA Code of Professional Conduct.

Participants will gain an understanding of the unique CPE requirements for GAGAS engagements and review the Yellow Book standards for financial statement audits, with a focus on ethical principles and independence. This course is designed to equip professionals with the foundational knowledge needed to navigate the complexities of Yellow Book engagements effectively.

 

Learning Objectives:

• Recognize the unique auditing requirements in the Yellow Book

• Describe the independence requirements for Yellow Book engagements

• Identify the CPE requirements for Yellow Book engagements

• Recall the reporting requirements of Yellow Book


Field of Study: Auditing (Governmental)
CPE: 2.00

Speaker Information
Alex Romero  [ view bio ]
4A: Grant Financial Management: From Beginning to End

Coming Soon!


Field of Study: Coming Soon!
CPE: 2.00

Speaker Information
Amelia Crawford
Paula Heller
4B: Preparing for AI: Key Considerations for Nonprofits

This session will explore how to craft clear, concise, and specific prompts that yield accurate and actionable insights. Whether you're looking to find answers, generate ideas, or solve challenges, this session will equip you with practical strategies to enhance your nonprofit's work using AI.


Field of Study: Computer Software & Technology
CPE: 2.00

Speaker Information
Ryan Harrington
Linda Widdop
4C: NFP Auditing Basics: Introduction to Single Audit

In-Person Only

 

This course qualifies for Yellow Book (Government Auditing Standards) CPE credit.

Single Audits are a critical area of focus under the AICPA's Enhancing Audit Quality Initiative, requiring a thorough understanding of the Uniform Guidance's unique audit requirements for federal funds. This course examines the distinctive performance and reporting standards in Single Audits, equipping participants with foundational knowledge to navigate these complex audits effectively.

Key topics include an overview of internal controls over compliance, understanding compliance requirements, using the Compliance Supplement, and identifying the elements of a finding in a Single Audit. This course is ideal for professionals seeking a clear and practical introduction to the essentials of Single Audits.

 

Learning Objectives:

• Identify the unique auditing requirements in the Uniform Guidance

• Recognize the difference between ICF and ICOC

• Describe the compliance requirements in a Single AUdit

• Determine when a single audit is required

Field of Study: Auditing (Governmental)
CPE: 2.00

Speaker Information
Alex Romero  [ view bio ]
Individual topic purchase: Selected
North Carolina Association of Certified Public Accountants
Various: 8.00
Products
This event is no longer available for purchase.