2021 Denver Government and Nonprofit Training Academy

Event Detail
  • June 8, 15, and 22, 2021
  • Location
  • Webinar
  • Hosting, Speaking
Capitol Dome American Flag

Presentation Slides: 2021 Denver Government and Nonprofit Training Academy - June 15
Recording: 
2021 Denver Government and Nonprofit Training Academy - June 15

Presentation Slides: 2021 Denver Government and Nonprofit Training Academy - June 8
Recording: 2021 Denver Government and Nonprofit Training Academy - June 8

9 a.m. to noon MT each day

This complimentary virtual event takes place over three weeks and offers learning opportunities in three-hour sessions. You’ll gain knowledge and insight to help you navigate the complex accounting, financial reporting, and operational issues facing governmental entities, higher education institutions, and nonprofits.

Who should attend

This session is designed for accounting or financial managers, controllers, accounting and reporting staff, grant program managers, board members, and other financial decision makers in governmental and higher education institutions, as well as nonprofit entities.

Schedule and session descriptions

June 8

9 – 9:10 a.m. Welcome

Welcome and housekeeping items.

9:10 – 10 a.m. Keynote session: Leading a Culture that Drives Results

Recommended CPE: 1 credit Personnel/Human Resources
Presenter: Jen Leary, CEO, CLA

Every organization has a culture, but not every culture contributes positively to performance. Leaders who intentionally shape the culture can help impact productivity, customer satisfaction, and overall results. A strong culture can even become a competitive advantage.

Listen as Jen Leary, CEO of CLA, shares her experience connecting culture to measurable results. Learn how you can approach your culture in three steps to build high-performing teams, engage employees, and help your organization respond to the rhythm of business, even in times of volatility.

Learning objectives:

  • Identify how culture impacts your financial results and is critical to your overall success
  • Review ways to cultivate a culture that enhances team performance and results
  • Recognize what is the critical role leaders play in shaping culture
10 – 10:10 a.m. Break

10-minute break

10:10 – 11 a.m. Discussion of the Colorado Economic Outlook: Economic Recovery Taking Shape

Recommended CPE: 1 credit Economics
Presenter: Brian Lewandowski, Executive Director of the Business Research Division at the Leeds School of Business, University of Colorado Boulder

The second wave of COVID cases had a chilling effect on the economic recovery. However, the new year gave way to improving COVID counts, an acceleration in vaccines, another mega stimulus package, and an improving economy. This session will update attendees on where we are in the recovery, and what to expect for the rest of 2021.

Learning objective:

  • Discuss where we are in the recovery and what to expect for the rest of 2021 for the U.S. and Colorado
11 – 11:50 a.m. Cybersecurity Risks and Responses

Recommended CPE: 1 credit Information Technology
Presenter: RJ Stallkamp, Information Security Analyst, CLA

The rise of COVID-19 gave way to an increased work-from-home culture, which provides malicious actors with a prime opportunity to exploit business networks. Cyberattacks are on the rise from nation state and lone wolf actors, and they have no intention of slowing down. We have all witnessed a multitude of recent high-profile exploits (i.e., SolarWinds, Microsoft Exchange, ProxyLogon) that allow these malicious actors to infiltrate and extort organizations.

Learning objective:

  • Identify the fundamentals of helping to protect your organization from ransomware and social engineering
11:50 a.m. – Noon Closing

Closing thoughts.

June 15

9 – 9:05 a.m. Welcome

Welcome and housekeeping items.

9:05 – 9:55 a.m. Grants Management: Lessons Learned from the CARES Act, Planning for the American Rescue Plan, and Beyond

Recommended credit: 1 Specialized Knowledge
Presenters: Allison Slife, Principal, and Dylan Garrison, Manager

This session will focus on lessons learned from COVID-19 federal grant programs, discuss the latest guidance for the American Rescue Plan Act of 2021, and review measures that organizations can take for planning new grant programs.

Learning objectives:

  • Discuss the latest guidance for the American Rescue Plan Act of 2021
  • Identify lessons learned and success stories from other COVID-19 programs that can be applied to future programs
9:55 – 10:05 a.m. Break

10-minute break

10:05 – 11:35 a.m. GASB Breakout Sessions — GASB Update and GASB 87 (Leases) Implementation

Recommended Credit 1.5 credits Accounting (Governmental)
Presenters: John-Paul LeChevallier, Signing Director, and Dylan Garrison, Manager

During this session, participants will be briefed on the new accounting standards affecting state and local governments, including the new Governmental Accounting Standards Board (GASB) 87 Leases standard, determine dates of implementation, outline some of the challenges related to implementation, and be updated on additional GASB projects on the horizon.

Learning objectives:

  • Describe provisions of recent GASBs and the implementation impact on financing reporting and disclosures
  • Identify the disclosure requirements for the new lease standard
  • Determine whether an arrangement contains a lease
  • Determine some effective approaches in assessing and implementing the new standard
  • Recognize both qualitative and quantitative disclosure requirements
  • Describe the steps for calculating amounts and example journal entries for implementation
11:35 a.m. – Noon Closing

Closing thoughts.

June 22

9 – 9:05 a.m. Welcome

Welcome and housekeeping items.

9:05 – 9:55 a.m. FASB Update

Recommended credit: 1 credit Accounting
Presenter: Adam Pyzdrowski, Principal

A discussion of upcoming Financial Accounting Standards Board (FASB) accounting pronouncements and COVID-19 relief funding, and how they could impact nonprofit organizations.

Learning objectives:

  • Identify new and proposed FASB Accounting Standards Updates (ASUs) and effective dates
  • Determine which new standards apply, and under what circumstances
  • Recognize COVID-19 relief programs available to nonprofits, who qualifies, and how they impact nonprofit organizations
  • Identify implementation considerations, challenges, and approaches
9:55 – 10:45 a.m. Nonprofit and State and Local Tax Update

Presenter: Sarah Hintz, Director

The regulations related to the “siloing” rules for unrelated business income tax were finalized in December 2020. Find out what changed and how these changes will affect your organization. In addition, we will review IRS hot topics and the impact of COVID-19 tax relief on your organization.

Learning objectives:

  • Describe recent tax changes affecting nonprofit organizations
  • Outline options to address the changes related to tax and reporting

Presenter: Dustin Hubbard, Principal

States won a major victory regarding the imposition of sales tax on out-of-state organizations through economic nexus in 2018. Since that time, when an organization has gross revenue in a state over that state’s threshold, it could now be subject to tax on various transactions with customers in that state. With many states subjecting organizations to sales tax on their sales to customers, this may lead to a state sales tax liability. This session is applicable to state and local governments, nonprofit organizations, and higher education institutions.

Learning objectives:

  • Recognize what economic nexus is and how it can impact your organization
  • Discuss the various ways organizations may be subject to sales tax across the states
10:45 – 10:55 a.m. Break

10-minute break

10:55 – 11:45 a.m. FASB Topic 842, Leases, and ASU 2016-02

Recommended credit: 1 credit Accounting
Presenters: John Morrison, CAST Project Leader, and Adam Pyzdrowski, Principal

A discussion of FASB Topic 842, Leases, and Accounting Standard Update (ASU) 2016-02, and their impact on nonprofit and tax-exempt organizations.

Learning objectives:

  • Identify the key elements of FASB Topic 842, Leases, and ASU 2016-02
  • Identify implementation considerations, challenges, and approaches
  • Recognize examples of common leasing arrangements encountered by nonprofit and tax-exempt organizations and their related accounting treatment
11:45 a.m. – Noon Closing

Closing thoughts.

Please register by June 7, 2021.
You will receive your webinar link in your confirmation email after registering.

Recommended CPE

June 8: 3 credits (1 credit Personnel/Human Resources, 1 credit Economics, 1 credit Information Technology)

June 15: 2.5 credits (1 Specialized Knowledge, 1.5 credits Accounting (Governmental))

June 22: 3 credits (2 credits Accounting, 1 credit Taxes)

Prerequisites: None
Program level: Overview
Advance preparation: None
Delivery method: Group Internet Based

View CPE sponsorship information.

Can’t make it?

Check out our event calendar to see what else is happening.

Event Cancellation Policy

For more information:
Christina Holcomb
Marketing Coordinator

Experience the CLA Promise