Clifton Gunderson LLP - A nationwide firm of Certified Public Accountants and Consultants

Events

You’ve heard about it.
Find out what it means to you.

FAS 117-1 – Effective for fiscal years ending after December 15, 2008, not-for-profit endowments that are subject to the Uniform Prudent Management of Institutional Funds Act (UPMIFA) must meet new reporting and disclosure requirements. Learn the challenges facing your organization moving forward.

403(b) Plans – For plan years ending December 31, 2009, not-for-profits continue to face reporting and auditing challenges connected to 403(b) plans. Find out where you stand, and the work still to be done.

In this FREE, one-hour webinar, you will learn:

• Complex new classifications of donor-restricted endowment assets created by UPMIFA
• Specific reporting and disclosure requirements under FAS 117-1
• The role of state laws in endowment management
• What entities are affected by 403(b) regulations
• Current 403(b) plan audit issues and challenges

Due to this program being offered free of charge, there will be no refunds issued.

Clifton Gunderson LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuous professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Compliance regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417 or by visiting the web site: www.nasba.org.

About the Speaker(s)

Marie C. Caputo, CPA, CGFM - Partner
Marie has more than 17 years of experience, specializing in auditing and accounting services for not-for-profit entities and employee benefit plan audits. She currently serves as the firm’s national Employee Benefit Plan Services Team leader and the Mid-Atlantic Not-for-Profit Services Team leader. Marie is a volunteer for the Cultural Alliance of Greater Washington and is the co-chair of the Not-for-Profit Committee of the Maryland Society of Certified Public Accountants. In addition, she is a member of the American Institute of Certified Public Accountants (AICPA) and the Association of Government Accountants.

John J. Quinn, CPA - Partner
John has more than 31 years of audit experience specializing in Not-for-Profit organizations. He has served on the Not-for-Profit Committee of the Illinois CPA Society, is a presenter at Chicago-Kent College of Law’s Annual Not-for-Profit Conference, was elected to the Great Lakes Area Tax-Exempt Council, and edits the Nonprofit Insight newsletter. John is the former leader of our firm’s Not-for-Profit Group.

Ann M. Joda, CPA - Partner
Ann has 20 years of audit experience and serves as the leader of the Wisconsin Employee Benefit Plan Audit practice. She oversees and manages audits of defined contribution plans, defined benefit plans, health and welfare plans, and employee stock ownership plans. In addition, Ann has significant experience working with not-for profit organizations. Ann is a member of the American Institute of Certified Public Accountants (AICPA) and the Wisconsin Institute of Certified Public Accountants. She is also a member of the AICPA Employee Benefit Plan Expert Panel.

Who should attend

• Executive Directors
• Presidents
• Development/Fundraising Officers
• Finance/Accounting Departments
• Human Resources Directors

Learning Objectives

You will learn:

• Complex new classifications of donor-restricted endowment assets created by UPMIFA
• Specific reporting and disclosure requirements under FAS 117-1
• The role of state laws in endowment management
• What entities are affected by 403(b) regulations
• Current 403(b) plan audit issues and challenges

Prerequisites

This program does not have prerequisites.

Advanced Preparation Requirements

This program does not require any advance preparation to participate.

Need further information?

For information on course enrollment or administrative policies on course refund or complaints, please contact Nicole Meeks at 715-295-5418 or via e-mail at Nicole.Meeks@cliftoncpa.com.