29th Annual Nonprofit Finance & Accounting Symposium

29th Annual Nonprofit Finance & Accounting Symposium (NFPS29)

Monday, November 27, 2017 - Wednesday, November 29, 2017 / Washington, DC


Event Status: OPEN

Event ID: #NFPS29

CPE: 21.0 credits

Total Price: $995.00

The 29th Annual Nonprofit Finance & Accounting Symposium

Sessions begin Monday November 27th at 10:30 AM and conclude Wednesday November 29th at 12 Noon  -  Download Full Agenda: Agenda 2017 Symp

The GWSCPA Nonprofit Symposium is developed by the expert Nonprofit Member Section of the Greater Washington Society of CPAs. This 2.5 day event offers 21` CPE credits ranging in topics from the technical to the inspiring, brings ample opportunities to connect with over 750 peers, along with software demonstrations on site to make the best use of your time. Whether you are a CFO looking for cutting edge strategies, a Controller hoping to increase efficiency through new technology or processes, or an auditor staying abreast of technical standards - the Symposium has what you are looking for!

Updates on the changing landscape from regulations to technology. Obtain tools to help make transformational and strategic business decisions. Gain unique networking opportunities through strong peer and professional resource communities you can top into for years.

Level: Overview

Prerequisite: None

Advance Preparation: None

Type of Delivery Method: Group Live

GWSCPA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing 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. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Scholarships are available to those who qualify. Please contact Kari Bedell at kbedell@gwscpa.org to inquire further on our Symposium scholarship offerings. 

For organizations that would like to register a group of employees, the group registration form is found here

Monday, November 27, 2017
MON 10:00am - 10:30am


MON 10:30am - 12:10pm

The chocolate effect; stress, laughter and the pursuit of happyness Credits: 2.0 PD

Arun Sardana, CIMA
Sr. VP Investments / UBS Institutional Consulting
Bethesda, MD
The chocolate effect is a fun-filled workshop that explores the concept of stress in our daily lives through the lens of humor, science, and psychology. Mindfulness or living in the present moment to enjoy the gift of life to its fullest is explored through chocolate, gratitude, music, and dance. This highly interactive workshop is packed with scientifically proven positive interventions and tools that will help shift your perspective and take you on a feel good journey of the mind, body and soul. Like the late Wayne Dyer said, "Once we change the way we look at things, the things we look at change." After this experience, you will likely begin to do simple things that will help enhance your focus, productivity, and joy in your personal and professional life alike.  

Blockchain: The Transformative Technology and its Big Impact on Everything Credits: 2.0 IT

Amanda Wilkie
IT Guru / CPA Tech
Washington, DC
Blockchain is the latest technology buzz word.  Perhaps you've heard of its cryptocurrency origins in Bitcoin but do you know how far its applications reach into other industries?  Its distributed ledger technology is poised to change everything from currency, to contracts, to audits.  The time is now for financial services, public accounting, and even nonprofits to prepare for blockchains impact by learning more about this technology, its current uses, and where we'll see this disruptor next.

Virginia Ethics (VA/DC/MD) Credits: 2.0 RE

Gary F. Bulmash, CPA, Ph.D
Professor / University of Maryland
College Park, MD

Developed using the Virginia Board of Accountancy's (VBOA) "Virginia-Specific Ethics Course Outline 2017" as the course framework, Virginia Ethics 2017 accomplishes the following fundamental objectives: identify the core ethical responsibilities a CPA has to the public and to his or her clients/employerdifferentiate between acceptable and non-acceptable behavior for Virginia CPAs as outlined in the AICPA Code of Conduct, Virginia statutes and regulations and other resourcesrecall Virginia CPE rules and consequences, and recognize the impact of unlicensed activity to individuals and firms.

MON 12:10pm - 1:00pm


MON 1:00pm - 1:10pm


MON 1:10pm - 2:00pm

Markets, He Wrote: Looking for Clues into the Economy's Direction Credits: 1.0 FI

Anirban Basu
Chairman & Chief Executive Officer / Sage Policy Group, Inc.
Baltimore, MD
This presentation provides detailed discussions of global, national and regional economies using the most up-to-date data available.  Special attention is invested in critical elements of economic life, including the performance of financial, labor, and real estate markets.

MON 2:00pm - 2:20pm


MON 2:20pm - 3:35pm

IRS Update Credits: 1.5 TA

Stephen M. Clarke, J.D.
Executive Director / Ernst & Young LLP
Washington, DC
D. Greg Goller
Managing Director-Exempt Org. Tax / KPMG, LLP
McLean, VA
The last few years have seen a significant realignment and refinement of priorities of the Tax Exempt and Governmental Entities Division of the IRS. What do their new compliance strategies mean for your organization, and what is on the horizon?

Top Four Issues for Not-for-Profit Organizations in 2017-2018 Credits: 1.5 AA

Anthony A. Cuozzo, Jr., CPA, CGFM
Senior Advisor / Councilor, Buchanan & Mitchell, P.C.
Bethesda, MD
Daniel L. Weaver, CPA
Senior Vice President / Councilor, Buchanan & Mitchell, P.C.
Bethesda, MD
Not-for-profit organizations are facing a number of threats from cybersecurity to an examination of their IRS Forms 990.  In addition, not-for-profit organizations specifically are dealing with new accounting standards in five different areas, as well as a new flexible financial statement format to make their financial statements easier to understand by their stakeholders.  This session will cover the types of specific threats as well as the new accounting standards.

Controller Hot Topics Panel Credits: 1.5 SK

Laura Douglas
Controller / National Academy of Sciences
Washington, DC
Jessie Newcomb
Brand USA
Washington, DC
Deborah M. Pierce, CPA
Director of Finance / Achieving the Dream
Silver Spring, MD
Willem Roos
Chief Accounting Officer / Georgetown University
Washington, DC

Hear directly from controllers in this interactive session as they discuss their role in leading and managing an effective monthly close and year-end audit process and the ways in which they strive to enhance financial reporting for their organizations. They’ll talk about the challenges and obstacles to watch out for when implementing a new accounting system or software package and how controllers can empower their staff to take a more active role in the department/organization.

Presentation on Presentations Credits: 1.0 PD

Joseph "Bo" Fitzpatrick, CPA, CGMA, C
President / 20-20 Serivces LLC
Rockville, MD
In this session, attendees will be exposed to the "do's and don'ts" of successful presentations. Every professional has an opportunity to "present", be it in a formal or informal setting. This session will improve attendees' confidence when presentation opportunities arise. We will  focus on the many modalities required in any successful presentation as well as demonstrate specific presentation skills and "tricks of the trade".

MON 3:35pm - 3:50pm


MON 3:50pm - 4:40pm

Hot Topics For Private Foundations Credits: 1.0 TA

Richard L. Ruvelson, J.D.
Principal / WithumSmith+Brown, PC
Bethesda, MD

The session focuses on a variety of issues impacting private foundations. Issues include: media  public scrutiny of private foundations; the proposed “Tax Cuts and Jobs Act” provisions impacting private foundations;  program related investment regulations; equivalency determination regulations; charitable gift receipting; Private Letter Rulings and excise tax Issues arising out of the contributions of interests in pass-through entities.

Emerging Affiliation (Merger & Acquisition/Strategic Partnership) Models for Non-Profits Credits: 1.0 SK

Aaron Cohen
Co-Leader, Health Care Practice / Citrin Cooperman
Bethesda, MD
R. Nicholas Thompson
Partner / Citrin Cooperman
Bethesda, MD
There has been a proliferation of new and more complicated acquisition structures (merger), as well as non-acquisition contractual affiliations models (joint ventures), between non-profit entities.  There are certain risks to the affiliating non-profits' businesses associated with these new affiliation models.  To ensure the goals of the underlying affiliation are met, it is critical for the affiliating organizations to understand and mitigate such risks.

Excel 2016 New Productivity Features for CPAs Credits: 1.0 IT

Judith E. Borsher, CPA, MBA, CGMA
President / SCG Training & Consulting Corporation
Alexandria, VA
Microsoft Excel 2016 (in Office 365) offers many new and improved productivity features.  By attending this presentation, you will learn: tips for new calculations and functions; quicker ways to cleanup data; improved interactive data visualization features; improved reporting techniques with the Table and Pivot Table, and automating with the macro recorder. These tips will help you and your team work more efficiently in Excel.  Even if you thought you knew it all in Excel, there will be something for you in this presentation.

The NatGeo Story: Change Management Credits: 1.0 BM

Michael J. Cole
SVP, Controller & Assistant Treasurer / National Geographic Society
Washington, DC
Michael Ulica
EVP, Chief Operating & Financial Offi / National Geographic Society
Washington, DC
National Geographic recently went through a major reorganization.  So how does a 130 year old organization of their size and complexity effectively manage a massive change while rebooting operations, embarking on strategic shifts, redesigning their chart of accounts, implementing new systems, introducing zero-based budgeting and many other initiatives?  Join their CFO and Controller to find out the challenges and opportunities the organization faced with this change and how you can learn from their lessons.

TECH DEMO-Microsoft Dynamics 365 for Finance, Business Edition Credits: 1.0 IT

Christopher McCarthy
Principal / T3 Information Systems
Washington, DC
Tim Tishman
T3 Information Systems
Washington, DC
Come check out the new cloud solution Microsoft has been developing for small to medium sized organizations. Dynamics 365 for Finance, Business Edition is a complete accounting ERP solution including financial reporting, budgeting, and real-time management capabilities.  Join T3 Information Systems’ Chris McCarthy and Tim Tishman for an in-depth look at the key features, functionality and integrations of this exciting new business solution.

MON 4:40pm - 4:50pm


MON 4:50pm - 5:40pm

Fraud Considerations in Nonprofit Organizations Credits: 1.5 AA

Carol Barnard
Senior Manager, NP&Assoc Industry Grp / Aronson LLC
Rockville, MD
Greg Plotts
Partner / Aronson LLC
Rockville, MD
Hear about the hottest topics in fraud schemes and learn simple steps for detection and prevention. In this session, we will discuss some basic background on why fraud is so devastating to exempt organizations. We will go through some of the statistics from the Association of Certified Fraud Examiners about fraud in the workplace including how often it occurs and what situations lead to the greatest losses. We will go through the different fraud schemes with case studies and discuss elements of fraud, how to detect it and how to prevent it.

 Understand why nonprofits are so sensitive to fraud
• Understand what fraud is, who's committing fraud, and typical schemes
• Know red flags to watch out for that are conducive to fraud occurring
• Assess the fraud risk at your organization
• Have some useful tips in improving your internal controls to help mitigate against fraud
• Know how to take action if your organization has been hit with fraud

Joint Ventures and Alternative Investments - Tax Issues for Nonprofits Credits: 1.0 TA

Marc Berger, CPA, JD, LLM
Nat'l Director, Nonprofit Tax Service / BDO USA, LLP
McLean, VA
Many nonprofits enter into joint ventures, either with other nonprofits or taxable entities.  In addition, nonprofits purchase interests in investment partnerships.  Being a partner in a partnership creates tax consequences that nonprofit management may not have planned for or anticipated.  The issues involved include protection of tax-exempt status, generation of unrelated business income, and IRS reporting requirements relating to foreign activities.  This session will discuss the issues a nonprofit should be aware of when becoming a "Partner".

Employment Law Update Credits: 1.0 BL

Jeffrey J. Pargament, Esq.
Attorney / Pargament & Hallowell
Washington, DC
Employers are subject to a myriad of employment laws.  In this fast-paced session, we will review many of the pitfalls facing employers and recommendations for minimizing employment-related claims.  In particular, we will review common issues arising under the Fair Labor Standards Act, the Americans with Disabilities Act, Title VII of the Civil Rights Act of 1964, the National Labor Relations Act and the Family and Medical Leave Act.

TECH DEMO – Unanet – 1 Software for Optimizing Projects, People & Accounting Credits: 1.0 IT

Chris Craig
President and COO / Unanet
Dulles, VA
Regan Johnson
VP of Operations / Griffiss Institute, Inc.
Rome, NY
Regan Johnson is Vice President at Griffiss Institute, a 501(c)(3) that advocates and facilitates the co-operation of private industry, academia, and government in developing solutions to critical cyber security problems.  Griffiss utilizes Unanet’s Cloud ERP software to manage (1) Budgeting & Planning (2) Resource Forecasting, (3) Time & Expense Reporting (4) Real-Time Project Reporting & Dashboards (5) Billing & Revenue Recognition and (6) Accounting, e.g. GL, AP, AR, Indirect Cost Calculations, etc.  Over 1,000 organizations trust Unanet to lower G&A and improve visibility into work performed & scheduled to increase employee productivity, and this session will highlight Griffiss’ ability to utilize and scale with Unanet!

Smooth Sailing - Maximize the Value and Minimize the Stress of Your Software Credits: 1.0 IT

Robert M. Storz, CPA, MBA
Sr. Director of Finance / American Gastroenterological Assn.
Bethesda, MD
Lisa Stover, CPA, CGMA, CAE
Director, Public Sector Outsourcing / CliftonLarsonAllen
Arlington, VA
Nonprofit organizations are embracing new technologies to make the most of their limited resources.  However, the software implementation process can be perilous and expensive if it is not managed carefully. In this interactive session, the presenters will share their experiences with software implementations via case studies with a focus on what factors were successful, what obstacles they encountered and how they overcame them.

MON 5:40pm - 5:50pm


MON 5:50pm - 6:40pm

Take the Lead Like a Girl Scout Credits: 1.0 BM

Lidia Soto-Harmon
CEO / Girl Scout Council -Nation's Capital
Washington, DC
Now more than ever, there is a great need to provide girls with the support and encouragement they need to be successful in life. Lidia Soto-Harmon, Chief Executive Officer of Girl Scouts Nation’s Capital, explains why if we want stronger leaders, we need more Girl Scouts. She will discuss how the Girl Scout program has evolved to meet the needs of today’s girls, as well as how they’ve evolved organizationally to meet the changing needs of their many volunteers.


Tuesday, November 28, 2017

TUE 7:00am - 7:45am


TUE 7:45am - 8:35am

National Fragile X Foundation Spurs Mission Effectiveness by Going Virtual Credits: 1.0 BM

Ross Robinson
VP Nonprofit Client Services / NeoSystemsCorp
Tysons Corner, VA
Linda Sorenson
National Fragile X Foundation
Washington, DC
While dedicated and effective, the National Fragile X Foundation was faced with growing pains. It's leadership and fundraising professionals were widely dispersed nationwide, and a newly appointed CEO began to wonder about the necessity of maintaining the home office in San Francisco, especially when he was located in Maryland. Staff size was on the increase. Did they really need more office space, especially with their team spread coast to coast?

Hear from National Fragile X Chief Operating Officer Linda Sorensen on how they outsourced accounting, fundraising and membership services while creating a streamlined virtual office. Linda will talk about how they overcame rising office space costs, logistical uncertainty, and complex donor and donor management requirements.

Advanced UBIT Credits: 1.0 TA

Subrina Wood, CPA
Senior Director, Tax / Calibre CPA Group, PLLC
Bethesda, MD
More complicated sales and advertising issues,  joint ventures, third party contacts- these are just some of the more advanced UBIT issues that an organization could face. Go beyond the basics of what can trigger a tax liability to get into the weeds of UBIT in this session.

Fiduciary Compliance for Retirement Plan Sponsors: Uncertainty and DOL Rule Credits: 1.0 AA

Harry I. Atlas
Partner, Employee Benefits / Venable, LLP
Washington, DC
Chase Deters, CFP, ChFC
Portfolio Mgr, Dir of Operations / Raffa Wealth Management, LLC
Washington, DC
Fiduciary compliance for retirement plan sponsors has never been more important - In this session, we will discuss the new DOL Fiduciary Rule and the uncertainty around it, recent litigation against retirement plan sponsors, and fiduciary best practices. 

Attendees will walk away with an understanding of the current state of fiduciary compliance for retirement plans, including the uncertainty around the new DOL rules, how those rules in their current form will impact their plan and how their participants receive investment advice, and what to look for in their agreements with their current investment advisors to make sure their role and responsibilities are clearly outlined.

TECH DEMO-Adaptive Insights: Empower Your Nonprofit Organization with Active Planning Credits: 1.0 IT

Today, more than 3500 organizations are using Adaptive Insights to transform the role of finance and deliver the strategic insights needed to drive performance improvements across the organization. During this session, we’ll explore how over 600 nonprofits use an active planning process that is collaborative, comprehensive, and continuous within Adaptive Insights. We’ll provide a live demonstration of how Adaptive Insights makes planning and modelling easier and dramatically enhance self-service for operations, management, and board reporting.

TUE 8:35am - 8:50am


TUE 8:50am - 9:40am

The Rebuttable Presumption: The Devil is in the Details Credits: 1.0 TA

Deborah G. Kosnett, CPA
Tax Principal / Tate & Tryon, CPAs
Washington, DC
The intermediate sanctions "rebuttable presumption" seems simple enough - just meet simple 3 requirements, and the burden is on IRS to "rebut" the reasonableness of an executive's compensation package. But wait, not so fast! The devil really is in the details of these three requirements! Slip up on one detail, and you may invalidate the entire rebuttable presumption. Come to this session to dig into the particulars, and learn how to strengthen support and documentation for your organization's executive compensation arrangements.

Government Auditing Standards Update Credits: 0.7 AO / 0.7 AD

Anthony A. Cuozzo, Jr., CPA, CGFM
Senior Advisor / Councilor, Buchanan & Mitchell, P.C.
Bethesda, MD

Cuozzo will review with not-for-profit financial management leaders the 2011 revision to the “Yellow Book” Standards. His presentation will include an in-depth discussion of Yellow Book CPE requirements and changes to the independence rules. Participants will leave this session with a greater understanding of the revised Standards

Nonprofit Emerging Risks & How to Implement ERM Credits: 1.5 BM

Melissa Musser, CPA, CISA
Director of Risk Advisory / Aronson LLC
Rockville, MD
William A. Tanenbaum
Co-Head, Technology Transactions / Arent Fox LLP
New York, NY
This will be an interactive presentation intended to help nonprofit governance implement and/or expand their current Enterprise Risk Management (ERM) activities. Delivered by a risk management professional and attorney named one of the top 5 IT lawyers in the US.  We will be bringing hands on technical and re-world experience to nonprofit executives. Nonprofits continue to struggle to integrating their risk oversight efforts with their strategic planning processes. Significant opportunities remain for organizations to continue to strengthen their approaches to identifying and assessing key risks.

Communicate Better - Essential Financial Messaging to Boards Credits: 1.5 BM

A. Michael Gellman, CPA
Fiscal Strategies 4 Nonprofits, LLC
Bethesda, MD
Paul Preziotti, CPA
Principal / Johnson Lambert LLP
Vienna, VA
Providing financial information and reports to your nonprofit organization's board of directors is a well-known and expected best practice.  How this is done varies widely and can too often be performed ineffectively.  We will explore with you through case study examples how to effectively provide pertinent and relevant financial information to your board in a manner they can readily understand and use to monitor the health of their organization and advance mission, sustainability and value.  Multiple financial management messaging platforms and templates will be provided along with strategies to get buy-in, acceptance and enhance use.

TECH DEMO – Accounting For Your Mission: NetSuite Credits: 1.5 IT

Alex Grace
San Mateo, CA
Alex Veale
Corporate Acct Executive, Nonprofit / NetSuite
San Mateo, CA
Nonprofit organizations face a complex and challenging environment—greater competition for funding, increased scrutiny into how funds are used and ongoing pressure to reduce costs. Yet many struggle with time-consuming manual business processes that hold them back from making the social impact they aspire toward. Come learn how NetSuite can reduce these pains and fuel your mission - we will cover key product functionality, including flexible nonprofit financial management and accounting, custom general ledger segments, and real-time reporting and analytics.

TUE 9:40am - 10:00am


TUE 10:00am - 10:50am

Charitable Designations and Charitable Class: Who Can Benefit? Credits: 1.0 TA

Lisa Heller, CPA
Senior Tax Manager / Tate & Tryon, CPAs
Washington, DC
The concept of what is charitable has varied over time, and it is still evolving today. In this session, we will discuss the historical sources of charitability, describe what is considered charitable under today’s tax guidance, and review the theory of charitable class, particularly with respect to disaster relief considerations.

Ethics and Accountability from the Mailroom to the Boardroom Credits: 1.0 BM

Marie LeBlanc
Mgr of Critical Issues & Sector Adv. / Independent Sector
Washington, DC
Carolyn M. Mollen, CPA
Vice President and CFO / Independent Sector
Washington, DC
This interactive session will explore issues related to good governance and ethical practice that confront senior nonprofit leaders and their boards every day. Session leaders will draw upon Independent Sector's Principles for Good Governance and Ethical Practice as a standard for ethical practice and governance in the charitable sector and engage participants in an interactive discussion of applying IS Principles in practice.

Financial Sustainability Reporting Credits: 1.0 AC

Lee L. Klumpp, CPA, CGMA
National Assurance Partner / BDO USA, LLP
McLean, VA
Joan M. Renner, CPA, CGMA
Shareholder / Renner & Company, CPA, P.C.
Alexandria, VA
What do donors and funders want to know from reading your organization’s financial statements? One of the questions relates to the NFPs sustainability question, which is not new but is asked more frequently in today’s world. NFPs are being asked to demonstrate by various funders and donor their ability to carry-out their mission into the future.  This session will uses case studies and discussion to explore this issue through the use of analytical procedures and other techniques.

The Nosy (and Effective) Nonprofit CFO Credits: 1.0 BM

Chris Busky
CEO / Infectious Disease Society of America
Alexandria, VA
David Diedrich, MBA
President / Berkshire CFO Partners
Washington, DC
David L. Keen, CPA
CFO / American Psychiatric Association
Arlington, VA
Victoria C. McCormick, CGMA
President / Nonprofit Strategic Financial Solutions
Vienna, VA

Effective financial leaders collaborate across functions, have a deep understanding of programs, and, yes, stick their noses into things. Nonprofits need strategic CFOs who go beyond compliance and reporting to partner with the CEO to manage growth, anticipate risks, and seize opportunities. How is this accomplished? 

Hear from four nonprofit leaders—and your peers—in this interactive and stimulating session. Our diverse panel shares insights about the role of finance, how they’ve tackled challenging leadership issues, and how you can influence your organization’s success.

TECH DEMO-Sage Intacct Credits: 1.0 IT

Karen Riordan
VP and Owner / SSi Consulting
Columbia, MD
Tight budgets, fundraising, donor and grant management – the financial health of your organization depends on controlling many moving parts. Learn how the cloud solution from Sage Intacct can help you address these needs.

TUE 10:50am - 11:05am


TUE 11:05am - 11:55am

GuideStar Data & Insights: Amplifying the Voice of the Nonprofit Sector Credits: 1.0 BO

Adrian Bordone
Vice President, Strategic Partnership / GuideStar USA, Inc.
Washington, DC
The nonprofit sector is straining to support the needs of the communities we serve. Funding is increasingly scarce and competitive.  GuideStar can help ensure that your organization is providing a complete and compelling story to nearly 30M potential donors and stakeholders.  Don’t be your community’s “best kept secret.”  In this session led by GuideStar’s VP of Strategic Partnerships, Adrian Bordone, you will learn how transparency is the key to communicating your organization’s effectiveness through your FREE GuideStar Profile.   

1. Learn what donors and funders are looking for when they evaluate nonprofit organizations
2. Understand the importance of transparency and how it correlates to organizational progress
3. Learn how to reach tens of millions of donors through your club’s GuideStar Nonprofit Profile


Headlines, Tweets and Fakenomics Credits: 1.0 BM

Adam D. Proger, CFA, CIMA
Financial Advisor / UBS Institutional Consulting
Bethesda, MD
John Savercool
Sr. Lobbyist & Managing Director / UBS Americas Inc.
Washington, DC
Washington policy and political theater have left decision-makers wondering how the shifting landscape will affect their organizations and stakeholders.  In a time where tweets, "fake news" and sensationalism dominate the 24-hour news cycle, separating the noise from reality has never been more important. What actually is happening in Washington?  Will tax reform legislation be enacted?  Who will be affected and how?  How serious is the partisan infighting in Washington and the investigation threats into the Trump administration?  John Savercool, a 35-year veteran of Washington and UBS's top lobbyist who will speak candidly and authoritatively on these subjects will answer these questions, as well as others affecting their organizations in this ever-changing environment.

Effective Data Governance for the CFO: Litigation Readiness, Anti-Fraud, Cybersecurity, and Privacy/GDPR Credits: 1.0 IT

Karen Schuler, CFE, IGp, IGP
Managing Director,Ntl Data & Info Gov / BDO USA, LLP
McLean, VA
Data governance is the number one area for concern for anyone managing risk within an organization. It impacts how you respond to litigation requests, FCPA investigations, data breaches as well as privacy requests. Additionally, data governance impacts both your top- and bottom-lines through worker productivity, IT costs, and cybersecurity risks. This session provides the CFO with a practical guide to alleviating your top 10 data governance risks.

Auditors and Auditees: An Audit Counseling Session Credits: 1.0 AA

Raj Kapur
Chief Financial Office / Higher Achievement
Washington, DC
Catherine Pennington, MBA, CPA, CGMA
Shareholder / Renner & Company, CPA, P.C.
Alexandria, VA
Lindsay Sollers
Senior Manager / Renner & Company, CPA, P.C.
Alexandria, VA
This session will present various audit problems, headaches and issues from the perspectives of both an auditor and an auditee.  The moderator will work with both parties to help each understand the pressures, restrictions and needs of the other.  The end result will be a better understanding of each side and some specific actions for each party to implement to make the audit experience more effective and efficient. The session will address auditing standards, auditing procedures, time management, scheduling and effective communication.


Sharon Crowley
Applied Business Services, Inc.
Gaithersburg, MD
Maureen Williams
Applied Business Services, Inc.
Gaithersburg, MD
Association, nonprofit, and government financial professionals need true fund accounting™ to effectively manage complex processes and finances across the organization.
Abila fund accounting software enables you to easily adapt to each funding source’s unique conditions, and confidently and accurately report your organization’s financial story.

Nonprofit finance is brimming with complexities, such as managing multiple revenue sources, addressing a variety of funding requirements, and more. With the right nonprofit accounting software, your organization can better:
• Track budget progress
• Meet compliance and reporting standards requirements
• Make informed, confident financial decisions
• Be prepared for your audit

TUE 11:55am - 12:30pm


TUE 12:30pm - 1:20pm

FASB Update Credits: 0.5 AO / 0.5 AD

Richard A. Cole, CPA, CGMA
Project Manager / FASB
Norwalk, CT
This session will provide a GAAP update, as well as overview of other final ASUs or open projects. Of special iterst will be a focus on implementation issues of the Not-for-Profit financial reporting ASU, and the exposure draft on grants and contracts and the impact on not for profits.

TUE 1:20pm - 1:30pm


TUE 1:30pm - 2:45pm

Challenging Charitable Contributions Credits: 1.5 TA

Kenneth C. Euwema
Vice President - Controller / United Way Worldwide
Springfield, VA
R. Michael Sorrells, CPA
Tax Principal / Tate & Tryon, CPAs
Washington, DC
A lively discussion on the issues, pitfalls and nuances involved with a variety of unusual charitable contributions.  Topics will include gift receipting, fundraising events, donor “strings”, gift acceptance policies, self-dealing donations and tips, pointers and war stories involving unconventional gifts.

Advanced Audit Prep -Avoiding Pitfalls Credits: 1.5 AA

Romeo Ferrufino
Controller / Reading is Fundamental
Margarita Lorenzetti, CPA
Chief Financial Officer / National Children's Center, Inc.
Washington, DC
Michael D. Ward, CPA, CGMA
Partner, Business Serv & Outsourcing / BDO USA, LLP
McLean, VA
Audit preparation may sound basic, but even the most experienced CPAs can run into unexpected issues, whether they are new to their organizations or seasoned veterans. Join an expert outsourced accountant and his CFO clients to hear how they get it done smoothly and how you can avoid pitfalls yourself.

Wait! When did we start doing that? Top Not For Profit Risks Credits: 1.5 BO

Kathleen W. O'Connor, CPA, CGMA
Founder & President / O'Connor Consulting Services, LLC
Bethesda, MD
Colleen T. Smith, CPA
Senior consultant / O'Connor Consulting Services, LLC
Bethesda, MD
Have you ever found yourself in a new role at a not-for-profit and been caught off guard by an accounting or compliance issue?  An appropriate assessment of the key risks of a not-for-profit is critical for management to mitigate risks, to instill confidence in their Board and to ensure that compliance issues do not interfere with their mission. Without taking the appropriate time to identify and manage risk, a not-for-profit opens themselves up to loss of tax exemption status and much more.  Come learn our top accounting and compliance issues and tips and tricks to stay ahead of the curve and to build confidence in your Board.

CFO Hot Topics Panel Discussion Credits: 1.5 BO

Linda Bartlett
CFO / Pew Charitable Trusts
Washington, DC
Alex Galeano, CPA, MBA
CFO / ASIS International Inc
Alexandria, VA
Philip Manno, CPA
Chief Financial Officer / George Washington's Mount Vernon
Mount Vernon, VA
Mary Mohney
Controller / Society for Human Resource Management
Alexandria, VA
Join a diverse panel of respected local CFOs as they reveal what's top of mind for them and many of you as you manage the ever-expanding nature of the role.   From managing board relations and structure to aligning the executive management team’s interests with the board, the CFO does so much more than lead an effective budgeting process, though that too is certainly critical. They’ll discuss the CFOs responsibility for reputational risk mitigation and organizational protection, as well as dive into the challenges and obstacles to watch out for when taking your organization international and how to bring the "best practices" of the for profit world into thier organziations.   Bring your own questions and insight to the conversation as well.

TUE 2:45pm - 3:15pm


TUE 3:15pm - 4:30pm

State and Local Tax Update Credits: 1.5 TA

Donna Daday
Director, Indirect Tax / PricewaterhouseCoopers
Washington, DC
Michael D. Hoffman, CPA
Tax Manager, National Tax Services / PricewaterhouseCoopers
Washington, DC
The landscape for nonprofits with regard to state and local taxes has always been a little confusing, and may be even more so given changes in some states and the changing way in which organizations operate. In this session, we'll cover hot topics including what creates state nexus, sales and use tax complexities, state UBIT and some of the more aggressive states to be aware of now.

Leveraging Internal Audit Techniques to Improve Your Organization Credits: 1.5 AA

Douglas A. Boedeker, CPA, CMA
Partner / Tate & Tryon, CPAs
Washington, DC
John Kubichek, CPA, CFE
Audit Senior Manager / Tate & Tryon, CPAs
Washington, DC
Nonprofit finance teams are under constant pressure to deliver timely information, insightful business analysis, and organizational stewardship.  In today's world, finance teams are expected to fulfill these tasks faster and with fewer resources.
The tools and techniques employed by internal auditors can be of great assistance in generating organizational efficiencies while improving controls and data delivery.  This session will explore internal audit practices and translate them to actionable items that nonprofit finance teams can use within their organizations.

Lease Accounting-May Be More Complicated Than You Think Credits: 1.5 AA

David L. Johnson, CPA
Partner / Dixon Hughes Goodman, LLP
Tysons, VA
Tamara L. Vineyard
Partner / Dixon Hughes Goodman, LLP
Tysons, VA
The new lease accounting standard is getting closer,  and early adopters are finding that the implementation may be more difficult, time consuming and expensive than they anticipated. If you are among those putting off dealing with lease accounting changes, now is the time to start getting ready.  This session will walk you through the key considerations you must take into account as you get started.

Understanding The (True) Costs of Investing Credits: 1.5 SK

Bill Fisher, AIF®
Director / Orion Investment Advisors
McLean, VA
Robert Olcott, CAE, CIMA, AIF
Managing Director / Orion Investment Advisors
McLean, VA
Mutual Funds.  Separate Accounts.  Alternative Investments.  Index Funds. ETFs.   Commingled Accounts. The investment options available to non profits are growing daily.  This can lead to considerable confusion among staff and volunteer leadership who have a fiduciary duty to monitor and evaluate the fees associated with the management of their reserves, endowments and retirement plan investments.  It's also difficult and confusing when you're trying to compare different service providers during the bidding process.  Attendees will learn how to identify the stated?and hidden?costs of a wide range of investment vehicles and the questions they should be asking their advisers, current and prospective.

TUE 4:40pm - 5:55pm

Industry Update Credits: 1.5 AA

Louis J. Mezzina, CPA
Senior Advisor / KPMG LLP
New York, NY
Join perreniel favorite Lou Mezzina as he walks us through all the news of the day, what is impacting the sector now, what to be on the lookout for in 2018.  This session always provide a good balance of the technical information you want, and a lively and  entertaining look at the industry as a whole.

TUE 5:55pm - 7:30pm



Wednesday, November 29, 2017

WED 7:00am - 8:00am


WED 8:00am - 9:40am

C3 Status- Issues and Considerations Credits: 2.0 TA

Robert .. Louthian
Partner / McDermott, Will and Emery
Washington, DC
501c3 status—what makes someone a c3, what keeps them from being a private foundation, what some of the PF rules are, and the various tests for public support that keep an organization from being a private foundation.

Rightsizing Your IT Department Credits: 1.0 IT / 1.0 BM

Kerry Mickelson
CIO / Raffa
Washington, DC
Industry trends indicate the need for a combination of in-house, and outsourced resources at different times based on the needs of the company.  From using an outsourced CIO as a strategic planner, project managers, to managed services a mixed mode of internal and external resources that align IT to business goals and objectives.

The New ASU-Lessons Learned from Early Adopters Credits: 2.0 AA

Kenneth C. Euwema
Vice President - Controller / United Way Worldwide
Springfield, VA
Lee L. Klumpp, CPA, CGMA
National Assurance Partner / BDO USA, LLP
McLean, VA
John Kroll
Assoc VP for Finance / University of Chicago
Chicago, IL
Louis J. Mezzina, CPA
Senior Advisor / KPMG LLP
New York, NY
This session will take two auditors and their very different clients, as they walk us through the challenges they faced when they became early adopters of the new r Nonprofit Fianncial Statement format.  Find out now what pitfalls to avoid, and unintended consequences you may not yet be aware of. Leave ready to implement for your organization.

Navigating NICRAs for Nonprofits: ICRP Preparation & Negotiation Credits: 2.0 AO

Mary Anne Hakim, CPA, JD, MST
Principal / CliftonLarsonAllen
Arlington, VA
Latha Saikrishnan, CPA
Engagement Director / CliftonLarsonAllen
Arlington, VA

In December 2013, the Office of Management and Budget (OMB) released its Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards.  Nonprofit organizations rely on cost reimbursements from indirect cost reimbursements to fund administrative and support services for federal award programs.  It is essential for federally-funded nonprofit organizations to have a thorough understanding indirect cost concepts to ensure it receives the maximum allowable reimbursements.  This session will provide attendees with a fundamental understanding of the issues involved in developing, negotiating, and monitoring indirect cost (IDC) rates at nonprofit organizations.  This session will cover the following topics:
Indirect cost terminology and methodologies, to include:
• Cost allocation types 
• Indirect cost rate definition
• Allocation methodologies 
• Indirect Cost Rate Types
• Steps in the indirect cost rate proposal & negotiation process, to include:
• Preparing for a Federal Award
• Preparing the Proposal 
• Negotiating the Rate 
• Cost Recovery and Monitoring
• Renegotiation

WED 9:40am - 10:10am


WED 10:10am - 11:50am

The Sorting Hat Places You...: A Case Study in Recognizing and Reporting UBI Revenue Streams Credits: 2.0 TA

John Huskins, CPA
Tax Senior Manager / Johnson Lambert LLP
Raleigh, NC
Exempt organizations benefit from many types of revenue streams.  This industry-focused section will enable to attendee to recognize the defining characteristics of unrelated business income, evaluate revenue streams to determine taxability, and understand the reporting of these streams.

Cybersecurity Checklist for the Finance Professional Credits: 1.0 IT / 1.0 BO

Brian Nelson
Senior Account Executive / Anchor Technologies, INC
Columbia, MD
We all know cybersecurity is a huge risk, and you're certainly already taking steps to protect your organization. But are you attending to the right risks, and are you doing enough given the latest trends and threat? Ths session will provide overall insight into the cybersecurity risks and strategies that should be of highest concern, but will go beyond that to provide a roadmap for the finance department to ensure you are doing everything you can to protect your assets and reputation.

Revenue Recognition Credits: 2.0 AA

Nat Bartholomew, CPA
Principal in Charge / CliftonLarsonAllen
Arlington, VA
Thinking revenue recognition changes won't have much impact on your organization? You might want to take a closer look. Contributions vs exchange transactions, conditional vs unconditional, agent vs intermediary, promise vs intent... You need more than a quick guide to these complicated changes. You need a hands on workshop to walk you through what this all means so that you can prepare. This session provides that.

Federal Grants Budgeting: How to Prepare an Application Budget & Monitor Credits: 2.0 AO

Paul H. Calabrese
Senior Manager / Rubino & Company
Bethesda, MD

We will discuss the steps for preparing a Federal grant application budget and narrative.  We will go through a complete sample budget model to include the SF 424a summary, each line item and narrative.  We will also show how to monitor your budget in the post award phase to include draw downs and accounting reconciliations.

This is an interactive session and those attending should plan to bring a laptop or tablet device to be able to view the figures on the excel sheets.

WED 11:50am - 11:50am

Conference Concludes

Conference Site

Walter E Washington Convention Center
801 Mount Vernon Place, NW
Washington, DC 20001


Room Block:  Renaissance Washington DC ($209/nt)

Dates: November 25, 2017 – November 30, 2017

Cut-Off Date: Friday, November 3, 2017

Booking Websitehttps://aws.passkey.com/go/GWSCPA2017     





Standard Registration

$995 GWSCPA Members, $1,095 Non-Members


     Early Bird Registration Price    
(ends October 31, 2017)
     Regular Registration    

 $845 $995 
Non-GWSCPA Member      $945 $1,095

Symposium Cancellation by registrant / refund policy

If you are unable to attend a seminar or conference, please notify us as soon as possible.

The GWSCPA cancellation and refund schedule for offsite events is as follows:
100% refund minus $150 processing fee within 4 weeks (20 business days) of the event
75% refund within 3 weeks (15 business days) of the event
50% refund within 2 weeks (10 business days) of the event
No refund to be issued if cancellation is 9 business days, or less, of the event date
*Substitutes will be accepted, in writing to GWSCPA, up to 2 business days prior to the event date (see below for details).
* Non-member substitutes will be charged the fee difference if they are substituting for a member-discounted registration.

 Refunds in the same form of tender as the original purchase minus the processing fee. Payments made by check will be refunded via check within 30 days of cancellation.

*Cancellations and/or substitutions must be submitted in writing and sent to Kari Bedell: kbedell@gwscpa.org 

Platinum Sponsor

Gold Sponsor


Silver Sponsors


Bronze Sponsors







Event Sponsors







Other Sponsors





This event’s unique positioning ‘inside the beltway’ guarantees access to an exceptional spectrum of high-quality participants and our approach to sponsorship enhances the experience of both attendees and sponsors. You get more than just a booth in an exhibit hall- our sponsors are integrated into aspects of the program and can be part of the planning process. Attendees love this, as they get access to resources they need and the space and time to make some real connections with those exhibitors.

For more information on how to become a sponsor for this conference, please contact Kari Bedell at 202-347-2890 or kbedell@gwscpa.org