Briefing on the Biggest Change to Nonprofit Accounting in the Past 20 Years
Complimentary Webinar Presented by Dean Quiambao
CPA,Partner, Business Development, Armanino LLP
You are likely asking yourself, why is NACD hosting a program related to nonprofit organizations? The answer is simple: many of our members serve on boards of the most prominent and impactful nonprofit organizations around. And this year, their strategy and insight will be needed more than ever. Recently implemented accounting rules require every nonprofit to disclose its liquid and available resources for everyone to see. Some organizations with substantial endowments might end up appearing to be very fiscally constrained, which is historically frowned upon by donors. Other organizations might appear to be sitting on reserves so plentiful that no donor would ever identify them as “needy” and thus send their dollars elsewhere. Please join NACD and the experts from Armanino to understand this financial reporting change, learn how nonprofits can tell their story, and most importantly, strategically capitalize on this opportunity.
Why are we holding this program?
The biggest change in the nonprofit world is upon us. Is your nonprofit fearful or strategic about disclosing its financial liquidity?
Review the liquidity standard
Walk through potential liquidity disclosures
Strategize on liquidity best practices to help your nonprofit today
This webinar qualifies for 1 CPE credit (Accounting and Auditing). NACD members will receive 1 Skill Fellowship Credit for attending.
After spending 12 years as an auditor at Armanino, Dean Quiambao transitioned to chief relationship builder for the firm. He helps numerous private, public, and nonprofit companies address their tax, audit, and outsourced accounting needs.
Stacie Kowalczyk has more than 14 years of experience in public accounting. She specializes in serving nonprofit organizations, higher education, social service, healthcare, and religious organizations, and she has extensive experience providing single audit services.
CPA, WuHoover & Co. LLP; Chair, NACD Northern California Chapter
Dennis Wu is the managing partner and co-founder of WuHoover & Co. LLP, a professional CPA firm, after a 37-year career at Deloitte & Touche. He currently chairs both the Board of the NACD Northern California Chapter and the Board of Recology, and he is also member of the Board of Committee of 100, a national organization of prominent Chinese Americans.