Nonprofit Accounting And Book Keeping

Description

This training is focused on best practices for large and small nonprofits in accounting and book keeping, includes GAAP, audit requirements and procedures, fraud prevention and utilization of QuickBooks.   To Register


ABOUT PRESENTERS

Laurie J. Podvin, CPA

Originally from Watertown, NY, Laurie graduated from Nazareth College with a B.S. in Accounting. She received her CPA designation in 1990 and has been in public practice over 30 years, and resides in Watertown with her family. Laurie is the leading expert in the area of NYS Central School District and BOCES audits, having specialized in this area for over 30 years. She is the Engagement Partner on 14 school district audits, and Consulting Partner on an additional seven.

Laurie is the leader of the Bowers & Company Governmental Practice Group. For a Bowers school district client, this unparalleled expertise translates into an extraordinary level of confidence and    service they will not find elsewhere. The Bowers & Company Governmental Practice Group is composed of more than 10 staff members, with a combined total of more than 118 years of experience.

Areas of Expertise:

• Auditing
• Government
• Not-for-Profit
• Corporation and Individual Tax

Professional Affiliations & Community Involvement:

• Member – American Institute of Certified Public Accountants (AICPA)
• Member – New York State Society of Certified Public Accountants (NYSSCPA)
• Member – New York State Association of School Board Officials (NYSASBO)
• Chairwoman – Greater Watertown North Country Chamber of Commerce
• Treasurer – Movement Sports US, Inc.
• Past Treasurer – New Day Children’s Center Inc.

Nicole M. Teska, CPA, CFE

Originally from Hudson, NY, Nicole graduated from SUNY Cortland. She is a licensed New York State Certified Public Accountant (CPA), and Certified Fraud Examiner (CFE).

Nicole is a member of Bowers & Company’s Transportation, Financial Institution and Fraud Examination audit practices. She is also involved in developing and monitoring the Firm’s Compliance and Quality Control.

Areas of Expertise:

• Transportation
• Not-for-Profit
• Financial Institutions
• Forensic Accounting
• Employee Benefits Plans
• • • • • •  

           Professional Affiliations:

• Member – American Short Line & Regional Railroad Association (ASLRRA)
• Member – American Institute of Certified Public Accountants (AICPA)
• Member – Association of Certified Fraud Examiners (ACFE)
• Member – New York State Society of Certified Public Accountants (NYSSCPA)
• Finance Chairwoman – American Short Line & Regional Railroad Association (ASLRRA)

Kelly M. Clark

Originally from Adams, NY, Kelly attended Jefferson Community College and Syracuse University where she focused on Business Management and Economics.  Kelly is a Manager for the Client Accounting Services Department and has more than 15 years of experience in the finance and business sector.

Areas of Expertise:

• Not-For-Profit (Healthcare and Human Services), including Federally Qualified Health Centers, Article 28 and 31 Clinics
• Revenue Cycle Management and Improvement
• Financial Accounting System Conversions
• Capital Project Management
• Certified QuickBooks ProAdvisor
• Small Business Consultation
• Employee Benefits Management and Payroll Tax Filings

Lyndi M. Hill, MBA

Originally from Cape Vincent, NY, Lyndi obtained her Bachelor of Science degrees in Accounting and Corporate Finance at St. John Fisher College and her Masters of Business Administration with a concentration in Public Accounting at SUNY Oswego. Lyndi’s auditing experience began in 2011 with Poulsen & Podvin CPA. She joined Bowers in 2014 when the firms merged.

Professional Affiliations & Community Involvement:

• Board Treasurer, Carthage Area Hospital Foundation
• Board Member, Cape Vincent Chamber of Commerce
• • • • • •  

Areas of Expertise:

• Auditing
• Governmental
• Not-for-Profit
• Financial Institutions

Liz A. Bush, CPA

Originally from Gloversville, NY, Liz graduated from Le Moyne College in Syracuse, NY with a B.S. in Accounting. Liz has 30 years of nonprofit and governmental accounting experience. She began her career with the firm of Price Waterhouse in Syracuse, and then worked for Sovie & Bowie CPAs for 20 years prior to merging with Bowers & Company. She was named partner in March of 2014. Liz has 30 years of Government audit experience.

Areas of Expertise:

• Auditing
• Government
• Not-for-Profit
• Single Audits 

Professional Affiliations & Community Involvement:

• Member – American Institute of Certified Public Accountants (AICPA)
• Member – New York State Society of Certified Public Accountants (NYSSCPA)
• Former Treasurer – Girl Scouts of Northern New York
• Treasurer – Jefferson County Hospice
• Former Treasurer – Thompson Park Conservancy (New York State Zoo)

AGENDA

1. Accounting Best Practices Using QuickBooks
2. Revenue Recognition (FASB Topic 606 and ASU 2018-08): What do I need to know about the new standard for nonprofits
   • Contributions versus exchange transactions
   • The effect on grants and contracts
   • When to recognize revenue under the new standard
3. Facts about Fraud…Prevention is the Key
4. Audit Requirements and Best Practices
   • When is a NPO required to have an audit?
   • Yearend and Audit Preparation Tips
   • Non-attest Services and Independence Requirements
   • Single Audit Requirements & Updates
5. Leases (FASB Topic 842)
   • Lease Standard Updates