At the end of this session, you will be able to:

• Describe the importance of operating reserves and how to manage them effectively
• Identify best practices for functional cost allocations and how it can impact your organization
• Recognize concept of going concern and identify signs that may indicate a going concern issue
• Identify the rules and requirements surrounding the “public support test” and steps needed to retain public charity status
• Discuss donor advised funds and various ways they are impacting the tax-exempt community
   

Who should attend:
This session is designed for finance teams, management, executives, and board members of nonprofit organizations.
 

CPE:
Recommended CPE: 1 credit, Auditing
Prerequisites: None
Program level: Overview
Advance preparation: None