CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Non-Profit Governance for Tax-Exempt Organizations

  • AFSP
  • CGAP
  • CIA
  • CMA
  • CPA (US)
  • EA
  • IAP
  • Tax Preparer
  • QIAL
  • CTEC
Non-Profit Governance for Tax-Exempt Organizations

2 Credits

$20

Subject Area

Business Management and Organization

Webinar Qualifies For

2 CPE credit of Business Management & Organization for all CPAs

2 CPE credit for Certified Management Accountants (CMA)

2 CPE credit for Certified Fraud Examiners (CFEs)

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

Course Description

The directors of a nonprofit corporation are responsible for conducting its affairs and for exercising properly the powers of the nonprofit. Well-governed nonprofits are more likely to obey tax law, safeguard charitable assets and serve charitable interests than one with poor or lax governance. Because directors bear ultimate responsibility for the charity, they should be aware of their fiduciary duties. 

This CPE webinar will address the basic rules and best practices for boards of directors to follow to assist them fulfill their duties. These rules draw upon federal tax laws and state nonprofit laws. Navigating the complexities of the laws become more manageable once one becomes acquainted with the policies that assist directors with identifying the markers to keep their organization on track. Directors can then fulfil their duties and be guardians to ensure that the charitable interests are properly served.

This Online CPE webinar will discuss non-profit governance for tax-exempt organizations including:

1.   Fiduciary Duties of Directors

-  Duty of care

-  Duty of loyalty

-  Self-dealing

2. Fulfilling Director's Responsibilities

-  Board composition and meetings

-  Audit Committees:  California model

3.  Challenges:  Compensation and Self-Dealing 

- Public Charities - Intermediate sanctions

- Private Foundation - Self-dealing excise tax

4.  Governance and Form 9900

- Tax Compliance Principles

- Management Policies

5.  Additional best practices 

- Policies not requested or required by IRS

- Other laws


Learning Objectives

  • To identify the fiduciary duties of directors
  • To make practical suggestions for directors to fulfil their responsibilities
  • To determine how to evaluate and approve self-dealing transactions
  • To identify best practices for payment of compensation in public charities
  • To recognize private foundation self-dealing transactions
  • To identify governance and management policies specified in Form 990
  • To determine best practices not currently required by law

Who Should Attend?

  • Certified Fraud Examiner
  • Certified Management Accountant
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Tax Attorney
  • Tax Practitioners
  • Tax Preparer
  • Tax Pros
  • Young CPA

Testimonial

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JM

A great high level overview, thank you