The Most Critical Challenges in Not-for-Profit Accounting Today

Tuesday, September 20 12:30pm - 4:00pm

(Check-In 12:00pm)

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Fairmont Hot Springs Resort

1500 Fairmont Rd
Fairmont, MT 59711

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4.00 Credits

Member Price $138.00

Price will increase by $25 after 8/30

Non-Member Price $163.00

Price will increase by $25 after 8/30

Overview

All materials will be electronic only

This year not-for-profit entities are preparing for or applying critical new standards related to contributions, leases, and more. Now is the time to know more than just what the standards say, we need to know what they mean and how they will affect not-for-profit entities. This course is designed to do just that! The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in not-for-profit accounting today.

Highlights

  • Lessons learned from the implementation of ASU No. 2018-08 regarding grants, contracts, and contributions
  • Preparing for the implementation of the new requirements related to gifts-in-kind
  • Developing a deeper understanding of the requirements in FASB ASC 842, Leases, and how not-for-profit entities will implement the standard

Prerequisites

Knowledge of not-for-profit accounting.

Designed For

Not-for-profit industry professionals and auditors.

Objectives

  • Identify the critical changes occurring in not-for-profit accounting today
  • Skillfully implement today’s most challenging FASB standards affecting not-for-profits
  • More effectively audit not-for-profit entities through superior knowledge of key accounting issues

Leader(s):

Leader Bios

Jeffrey Lieman

Jeffrey Lieman, CPA

Mr. Lieman currently heads his own consulting firm, Lieman Associates LLC, in Owings Mills, Maryland. He provides consulting services, contractual assistance services, and training to CPAs, their firms, and their clients. He is recognized nationally as a lecturer for various accounting, auditing, and technology topics and has been quoted in various trade journals. Since 2016, he has received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills.

Mr. Lieman’s previous experience included serving as the chief financial examiner for the Maryland Insurance Administration and being a director for Ellin & Tucker, Chartered. He trained staff in many areas of accounting, administration, and consulting. He also served as a senior manager and national trainer with KPMG in Baltimore, Maryland where he developed training materials for staff and instructors. He was elected Chairman of the Year by the Maryland Association of CPAs for chairmanship of the Computer Resources Committee.

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Non-Member Price $163.00

Member Price $138.00