Not-for-Profit Conference

May 14-15, 2018

Sheraton Valley Forge
King of Prussia- Map It

CPE Credits
General Sessions:
5-A&A; 1-Tax; 7-Other
Concurrent Sessions:
3-Credit types noted in descriptions

Thanks to all of our 2018 speakers and attendees for a great conference! On-Demand sessions will be available shortly.

“The discussions at this conference gave me an opportunity to proactively implement new standards and to re-evaluate controls and compliance.”

Edward Richmond, CPA
Kutztown University Foundation Inc.



Monday, May 14

7:30 a.m.
Breakfast and Check-in
8:00 a.m.
Greetings from PICPA Leadership
8:15 a.m.
g   Leadership and Ethics: Penn State’s Journey
  • How Penn State’s response to the Nov. 2011 Sandusky crisis launched a journey to understand and improve campus safety, ethics, and compliance
  • What specific action steps leadership took and continues to take to build a climate of trust and responsibility at the University as well as reinforce positive values for all members of its community
David Gray
Senior Vice President for Finance & Business/Treasurer
Penn State University
9:05 a.m.
What’s New in Accounting Standards
  • An overview of recently issued accounting standards that impact not-for-profits
  • Review of unchanged standards and regulations
  • Key dates and high-level guidance for adopting new accounting standards
Richard A. Cole, CPA, CGMA
Supervising Project Manager
Financial Accounting Standards Board
9:55 a.m.
Take a Breather
10:10 a.m.
Please note, one track will be available as webcast.

From Deficient Peer Review to Quality Audit

  • Audit deficiencies peer reviewers are seeing
  • Audit areas to focus on
  • Markers of a quality audit
  • AICPA enhanced oversight findings
  • Documentation common misconceptions
  • Requirements, not-for-profit examples, and resources
  • The future of peer review
Allison M. Henry, CPA
Vice President, Professional & Technical Standards
Pennsylvania Institute of CPAs

Friend or Foe: The Form 990

  • Take your 990 beyond the numbers and learn how to craft it into a critical part of your not-for-profit’s storytelling arsenal
  • How to use the 990 to tell your story and engage your board
  • What to watch out for when completing the form
  • A look at who accesses the 990 and why
  • Considerations from the Unrelated Business Income Tax (UBIT) and tax reform
Michael F. Cade, CPA, CGMA
Strategy Consultant and Executive Coach
11:00 a.m.
Room Change Break
11:05 a.m.
Please note, one track will be available as webcast.

k   Success with Single Audits

  • Uniform Guidance: Three key areas you should pay attention to
  • Single audit regulations you shouldn’t ignore
  • Updates on what we have learned in the past year
  • Areas where mistakes are being made
Diane E. Edelstein, CPA
Maher Duessel

Unleash the Transformative Power of Numbers

  • Look to true life tales to uncover what stories are written between the numbers, so we can triumph over challenges and craft plans to act
  • Financial statements and storytelling
  • Data analysis that reveals causes, identifies opportunities, and addresses gaps
  • The power of key performance indicators (KPIs)
  • How to craft, tailor, and tell your financial story

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Cynthia R. Bergvall, CPA
Director – Audit & Accounting
Bee Bergvall & Company PC
11:55 a.m.
12:45 p.m.
Please note, one track will be available as webcast.

Anatomy of an IRS Audit

  • Practices and mistakes that may make the IRS take notice
  • What to expect and what it's like to experience an IRS audit
  • Audit results and your responsibilities

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Noel A. Fleming, JD, LLM
Founding Partner
Conley Fleming LLP
Steven M. Glueck, CPA, CGFM

g   A Win-Win: Board Engagement for CPAs

  • Ways CPAs can drive impact at the board level
  • Why CPAs shouldn’t be limited to providing accounting advice
  • Benefits of board membership for the CPA and the boards they serve
Michael F. Cade, CPA, CGMA
Strategy Consultant and Executive Coach
Christina R. Chepel, CPA

Justin Land
Program Officer, Global Citizenship
The Dow Chemical Company
1:35 p.m.
Snacks and Chats
1:50 p.m.
Revving Up for Revenue Recognition
  • Deep dive on all things revenue recognition
  • The five-step model for implementation
  • Lessons learned from early adopters
  • Guidance over accounting for grants
  • Implementation decision-making guidance
Implementation checklist: When to follow traditional revenue versus grant
Richard A. Cole, CPA, CGMA
Supervising Project Manager
Financial Accounting Standards Board
3:30 p.m.
g   The Unrealized Potential of Mergers and Collaborations
  • The pros and cons of a merger versus a collaboration
  • Signs it’s time to merge or collaborate
  • The CPA’s role in a merger or collaboration
  • What role the board of directors and outside service providers take in merger transactions
Denise M. McKnight, CPA
Friedman LLP
4:20 p.m.
Happy Hour
5:30 p.m.
See You Tomorrow

Tuesday, May 15

7:30 a.m.
8:00 a.m.
Surviving the 21st Century
  • The competitive edge needed to sustain not-for-profits
  • Sustainable business models for your organization
  • Not-for-profit leadership profile: Paid versus volunteer

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Laura Otten, PhD
Executive Director
The Nonprofit Center, La Salle University's School of Business
8:50 a.m.
Cybersecurity Strikes Back
  • Unique considerations for not-for-profits and/or their service providers
  • How fraud and cybersecurity intersect and why they need to work together
  • What happens when you’re reactive instead of proactive
  • Ways to promote/implement a dual prevention and protection plan
  • Evaluation of current security efforts
Complete an assessment of your company’s or client’s current fraud controls and cybersecurity efforts. Brainstorm actions and get recommendations.
Sassan S. Hejazi, PhD
Director, Technology Solutions
Kreischer Miller
Frank Pina, CPA, CFF, CFE
Managing Director
The Mercadien Group
10:30 a.m.
Take a Breather
10:45 a.m.
Impact of Tax Reform on Not-for-Profits
  • The Tax Cut and Jobs Act and its impact on tax exempt organizations
  • Impact on charitable contributions
  • The excise tax imposition on net investment income and excess compensation
  • UBIT offset rules and fringe benefits
  • Legislative outlook
Julius C. Green, CPA, JD
Baker Tilly Virchow Krause LLP
11:35 a.m.
12:25 p.m.
A New and Improved Financial Reporting Model: Are You Ready?
  • Deep dive on changes to the not-for-profit financial statement reporting model
  • How preparers should shift their mindset going forward
  • Regulation requirements and implementation guidance
  • Questions to consider along the way

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Worksheet with questions to help identify actions you’ll take regarding the new accounting standard and who you’ll need to get involved.
Jimmy Mo, CPA
EisnerAmper LLP
2:05 p.m.
Snacks and Chats
2:20 p.m.
g   Keeping Yourself and Your Clients in Contribution Check
  • Overview of the Solicitation of Funds for Charitable Purposes Act
  • Required forms and recent changes from the Bureau of Corporations and Charitable Organizations
  • Obligations of not-for-profits and their fundraising counsel and solicitors
  • Unique issues related to commercial co-venture activities
  • Registration and reporting problems and pitfalls
  • Compliance penalties and recommendations
Martha H. Brown
Assistant Counsel
Department of State, Office of Chief Counsel
Laura N. Solomon, Esq.
Laura Solomon and Associates
3:10 p.m.
Legal Insights (Not Advice)
  • Legal considerations in the not-for-profit world
  • Insider perspectives on your burning legal questions
Legal woes got you and your clients down? Not sure how to respond to questions or concerns? The PICPA has got you covered. Submit your specific questions to our panel of attorneys by emailing They’ll share their insights and give you peace of mind.

Kathy O. Rue, CPA
Director of Finance
YWCA Bucks County

Morgen Cheshire, JD
Founding Attorney
Cheshire Law Group
Karen M. Ibach, JD
Hamburg & Golden, P.C.

Donald W. Kramer, Esq.
Chair, Not-for-Profit Practice Group
Montgomery McCracken Walker & Rhoads LLP
Martha (Frannie) Reilly, JD
Law Office of Frannie Reilly LLC
4:00 p.m.
See You Next Year



Additional Credits:
k This session may qualify for Yellow Book CPE credits. Determining which sessions qualify for the Yellow Book 24-hour requirement are made on an auditor-specific basis depending on the auditor's Yellow Book clients.