MYCPE ONE

myCPE Industry Conference 2022 - Not for Profit and Governmental

Strategies for Stronger Community

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Conference Overview

Not-for-Profits face many unique challenges.  They must learn how to operate efficiently and effectively. This myCPE industry conference is designed specifically to help CPAs and advisors better understand cutting-edge information and trends affecting the not-for-profit and government sector. 

We have a great line-up of topics and thought leaders, all providing you with the latest information you need to succeed - from leases, FASB and state tax updates to auditing, revenue streams and marketing for not-for-profits. Attendees will learn more about leading non-profit organizations through the unique challenges they face, as well as how to provide effective guidance to accomplish their organization's mission.

This annual conference is built to address challenges, risks and opportunities relevant to the professional Not-for-Profit community.

This CPE conference for Not for Profit and Government entities addresses the unique technical and professional challenges of the CPAs working in these sectors. This annual, one-day event puts a special emphasis on the skills and insight that CPAs can immediately implement.

To update CPAs, leaders, and business professionals in the not-for-profit arena on the latest issues and trends.

Attendees will not only receive expert insight into the unique financial aspects of Not for Profits but also provide leadership tools to move organizations forward.

Through this CPE conference you will identify and learn about the auditing, reporting, financial management, and tax issues impacted by COVID-19 and how they affect not-for-profit organizations and government entities.

Completed

Continuing Education Credits

The sessions of the conference qualifies for

Qualification Credits Subject Area
CPA (US) 1 Auditing
CPA (US) 1 Taxes
CPA (US) 1 Business Mgmnt and Org
CPA (US) 1 Specialized Knowledge
Accountant/Bookkeeper/Tax Professionals 4 All
AFSP 1 All
CPA in Canada 2 All
CIA 1 All
CMA 2 All
IAP 1 All
CWS 4 All
CFIRS 4 All

Sessions

Jan 27th, 2022

Speakers:
Speaker Name
Alexander Buchholz

Advisor
PKF O'Connor Davies, LLP

  • 4.4
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The Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) completed their project to update the requirements surrounding the auditor’s report. With the issuance of so many new Statements on Auditing Standards (SAS) there are more requirements that audit engagement teams will need to know.

The auditor’s report is the key deliverable to communicate the results of the audit process. Every auditor wants to know three things in particular:  

  • How to improve their realizations
  • How to improve their audit quality
  • How to better serve their client

This CPE session explains the new standards, as well as prepares auditors to implement the new audit report standards. Further, the webinar discusses critical concepts related to applying the new audit reports.

New audits standards are intended to be more informative for the benefit of various stakeholders of a business. They will provide relevant information that will result in better communication between them and the auditor resulting in better decision making.

Learning Objectives

  • To explain the applicability of new standards.
  • To analyze the types of engagements involved in new standards.
  • To discuss the relationship between the new audit report standard and other standards.
  • To inspect the importance of being compliant with the new audit reporting standard.
  • To analyze how to communicate Key Audit Matters as per new standards.

Qualifies For

License details Credits Status
Accountant/Bookkeeper/Tax Professionals 1 General Credit Eligible
Certified Internal Auditors (CIA) 1 CPE Eligible
Certified Management Accountants (CMA) 1 CPE Eligible
Auditing for Certified Public Accountants (CPA-US) 1 CPE Approved
Internal Audit Practitioner (IAP) 1 CPE Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 1 CE Eligible
Certified Wealth Strategist (CWS) 1 CE Eligible

Other Details

Subject Area

-

Course Level

Basic

Instuctional Method

Group Internet Based

Pre-requisites

-

Advance Preparation

-

Speakers:
Speaker Name
Louis Michelson

President
Louis E Michelson, A Professional Corporation

  • 4.3
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This CE/CPE session first reviews California nonprofit laws on self-dealing, including fiduciary duties of directors, what constitutes a self-dealing transaction, who approves self-dealing transactions and when this approval should be done. The second main focus is on the federal excise taxes on self-dealing: both on private foundations and public charities. 

For private foundations, the elements of self-dealing are discussed, followed by examples of self-dealing and the different levels of tax, on whom are the taxes assessed and the correction, if possible. The reporting of self-dealing both to the IRS on Form 990 and Schedules R and L and to the Attorney General on the Regulatory Renewal Fee Report will be reviewed. 

For public charities, the definition of excess benefit transactions and disqualified persons will be discussed, establishing a rebuttable presumption of reasonableness, the amount of the excise taxes, and what corrections may be done. 

In this CE/CPE session, the reporting of self-dealing both to the IRS and to the Attorney General will also be reviewed.

Learning Objectives

  • To identify the two fiduciary duties of directors.
  • To recognize the standard of care expected of directors.
  • To identify the basic rule of the duty of loyalty.
  • To recognize what constitutes a self-dealing transaction under California law.
  • To identify who can approve self-dealing and who has the standing to sue for damages.
  • To recognize whether the organization is a private foundation or public charity.
  • To identify the elements of a self-dealing transaction under the self-dealing excise tax.
  • To recognize self-dealing transactions under federal excise tax laws.
  • To recognize the different tiers of self-dealing taxes and possible corrective actions.
  • To identify excess benefit transactions and disqualified persons.
  • To identify the elements needed to establish the rebuttable presumption of reasonableness.
  • To recognize the possible corrective actions for excess benefit transactions.
  • To understand the reporting to the Attorney General and Internal Revenue Service.

Qualifies For

License details Credits Status
Accountant/Bookkeeper/Tax Professionals 1 General Credit Eligible
Annual Filing Season Program (AFSP) 1 CE Approved
Taxes for Certified Public Accountants (CPA-US) 1 CPE Approved
Certified Fiduciary and Investment Risk Specialist (CFIRS) 1 CE Eligible
Certified Wealth Strategist (CWS) 1 CE Eligible

Other Details

Subject Area

-

Course Level

Basic

Instuctional Method

Group Internet Based

Pre-requisites

-

Advance Preparation

-

2:30 PM - 3:00 PM EDT

Break

Speakers:
Speaker Name
Gary Cokins

Advisor
Gary Cokins

  • 4.6
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Although the objective of Not for Profit (NFP) organizations is not to make a profit they still need to manage and ideally improve their performance. Government organizations at all levels and of all types are facing intense pressure to do more with less.

Federal, national, provincial, state, county, municipal, and local governments in almost all the countries in the world are feeling some sort of fiscal squeeze. Pressures on governments around the world are forcing them to adopt “performance management” – a focus on accountability for outputs and outcomes rather than cries for higher inputs (i.e., more budget funding and employees).

Enterprise performance management (EPM) is the seamless integration of managerial methods. They include balanced scorecards, strategy maps, budgets, activity-based cost management (ABC/M), risk management, forecasts, and resource capacity planning. EPM methods have been hailed as the new salvation for aligning an organization’s resources with its strategy to drive the actions of its managers and employee teams.

Similar to commercial businesses Not for Profit and government organizations always have limited resources. So, they need essential information to determine where to best spend their money and this CPE session will help you with that.

This CPE session covers the following major topics:

  • How strategy maps and their companion balanced scorecards communicate strategic objectives with target-setting to help cross-functional employee teams align their behavior to the strategy and better collaborate.
  • Why measures of citizen (government) and stakeholders (NFP) value are shifting from products and services to citizen-focused and stakeholder-focused organizations. 
  • How activity-based costing (ABC) provides not only accurately traced calculated costs (relative to arbitrary broad-averaged cost allocations), but more importantly provides cost transparency back to the work processes and consumed resources, and to what drivers cause work activities.
  • Reforming the broken annual budgeting process with performance-based budgeting that links strategy to operations and processes volume sensitive rather than simply incremental at each cost center.

Learning Objectives

  • To analyze how to view enterprise and corporate performance management (EPM/CPM) as the seamless integration of managerial methods rather than as a process.
  • To discuss how business analytics is an advance over business intelligence and where Big Data fits in.
  • To explain how to identify and differentiate strategic KPIs in a balanced scorecard and operational performance indicators (PIs) in dashboards.
  • To inspect how to properly calculate product, service-line, channel, and citizen-related costs for analysis, insights, and actions.
  • To analyze how to perform “predictive accounting” for driver-based budgets / rolling financial forecasts, what-if analysis, and outsourcing decisions 
  • To discuss how to overcome implementation barriers such as behavioral resistance to change and fear of being held accountable.

Qualifies For

License details Credits Status
Accountant/Bookkeeper/Tax Professionals 1 General Credit Eligible
Chartered Professional Accountant in Canada 1 CPD Eligible
Certified Management Accountants (CMA) 1 CPE Eligible
Business Mgmnt and Org for Certified Public Accountants (CPA-US) 1 CPE Approved
Certified Fiduciary and Investment Risk Specialist (CFIRS) 1 CE Eligible
Certified Wealth Strategist (CWS) 1 CE Eligible

Other Details

Subject Area

-

Course Level

Basic

Instuctional Method

Group Internet Based

Pre-requisites

-

Advance Preparation

-

Speakers:
Speaker Name
Joanne Oppelt

Principal
Joanne Oppelt Consulting

  • 4.2
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Speaker Name
Linda Lysakowski

Owner
Linda Lysakowski, LLC

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Money is a constant topic of conversation among nonprofit leaders: How much do we need? Where can we find it? Why isn’t there more of it?

In tough economic times, these types of questions become more frequent and pressing. Unfortunately, the answers are not readily available. That’s because nonprofit leaders are much more sophisticated about creating programs than they are about funding their organizations, and philanthropists often struggle to understand the impact (and limitations) of their donations.

There are consequences to this financial fuzziness. When nonprofits and funding sources are not well-matched, money doesn’t flow to the areas where it will do the greatest good. Too often, the result is that promising programs are cut, curtailed, or never launched. And when dollars become tight, a chaotic fundraising scramble is all the more likely to ensue.

In this CPE session, we will talk about the diverse types of businesses you can approach for funding, what they are looking for in a nonprofit, and how to develop a plan to identify, cultivate, solicit, and steward business donors.

Attendees in this CPE session will also understand how to find the person at the business responsible for making decisions about charitable donations and get them involved in your nonprofit.

Learning Objectives

  • To analyze the basis of business giving.
  • To discuss how to prepare to run a business cultivation event.
  • To inspect how to solicit businesses for donations.
  • To analyze different types of businesses you can approach for funding.
  • To investigate what other businesses are looking for in a nonprofit.
  • To analyze how to identify, cultivate, solicit, and steward business donors. 

Qualifies For

License details Credits Status
Accountant/Bookkeeper/Tax Professionals 1 General Credit Eligible
Chartered Professional Accountant in Canada 1 CPD Eligible
Specialized Knowledge for Certified Public Accountants (CPA-US) 1 CPE Approved
Certified Fiduciary and Investment Risk Specialist (CFIRS) 1 CE Eligible
Certified Wealth Strategist (CWS) 1 CE Eligible

Other Details

Subject Area

-

Course Level

Basic

Instuctional Method

Group Internet Based

Pre-requisites

-

Advance Preparation

-

Session Speakers

Gary Cokins
Gary Cokins

Advisor
Gary Cokins

Jan 27th, 2022

View More
Alexander Buchholz
Alexander Buchholz

Advisor
PKF O'Connor Davies, LLP

Jan 27th, 2022

View More
Linda Lysakowski|CPE/CPD Webinars for Candian CPAs & CMA
Linda Lysakowski

Owner
Linda Lysakowski, LLC

Jan 27th, 2022

View More
Stay Ahead with Expert CE Courses by Louis Michelson
Louis Michelson

President
Louis E Michelson, A Professional Corporation

Jan 27th, 2022

View More
Boost Your Skills with Joanne Oppelt's CPE/CPD Courses | myCPE
Joanne Oppelt

Principal
Joanne Oppelt Consulting

Jan 27th, 2022

View More

Frequently Asked Questions

Virtual conference with MYCPE ONE is enveloped around a theme or subject or driven towards a particular audience, and is designed to be more collaborative; with a tremendously interactive agenda, panel discussions, and gives an option to all participants being able to turn their web cameras on and participate more actively. Virtual conference offers multiple sessions over a longer time frame of more than 8 hours. Virtual conferences help build a community or initiate networking opportunities.

MYCPE ONE is seamlessly integrated with ZOOM for conducting continuing education events. Please ensure that you check the system requirements before the event starts. The system requirements are :

  • An internet connection – broadband wired or wireless (3G or 4G/LTE)
  • Speakers and a microphone (required in case of interactive sessions) – Built-in, USB plug-in, or wireless Bluetooth
  • A webcam or HD webcam - built-in, USB plug-in (required in case of interactive sessions)
  • CLICK HERE to view the System Requirements for Zoom.

There is an official break scheduled for this workshop/events. Other than the scheduled break, the in-session breaks shall be available at discretion of the speaker.

The MYCPE ONE virtual events are designed to impart education around a specific theme or subject from a basic to an advanced level, which is why we do not recommend you to leave the event in between. However, if you had to leave the event because of some unforeseen circumstances, you would be granted the credits for the sessions that you attended completely and wherein you answered all the polling questions.

The recording of the event can be made available to you, on request. You can reach out to us at support@my-cpe.com or can also let us know through live chat support if you need a recording for this event. However, the recording shall not be available for Continuing Education Credits.


During every conference the chat panel shall always be open. You can mention the issue faced by you in the chat panel and our moderator will take it up for resolution shortly. You can also reach out to our support team in the live chat support or at support@my-cpe.com



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