CPAs to tackle 2014 challenges at state’s largest nonprofit finance conference

NEW YORK (January 6, 2014) – The 2014 agenda for nonprofit organizations includes an array of complex accounting and regulatory changes that will impact every charity’s operations including New York’s newest law overhauling oversight and improving public trust.

The New York State Society of CPAs, www.nysscpa.org, is ready to provide clarity about these latest developments at its 36th Annual Nonprofit Conference to be held Thursday, Jan. 9 in Rochester and again Thursday, Jan. 16 in New York City.

Non profit executives, board members and financial employees are invited to attend the conference: “The Age of Clarity – Changing Standards and Changing Legislation”, the Society’s largest event of the year, to learn more about the changes in governance, specialized accounting techniques and reporting requirements for philanthropic groups.

The Nonprofit Revitalization Act of 2013 – which was signed into law December 18 by Governor Andrew Cuomo – aims to reduce unnecessary and outdated burdens on New York nonprofits and to enhance nonprofit governance and oversight to prevent fraud and improve public trust. The Act is the first substantial overhaul of New York’s nonprofit laws in more than 40 years.

The new law is one of several conference sessions topics that will also include stakeholder communications, electronic contribution and government aid. Yellow Book and Continuing Professional Education credits are available for this event. For the complete conference schedule and to register go to nysscpa.org/nonprofit14.

  • The conference will be held Thursday, Jan. 9, 2014 at the RIT Inn and Conference Center in West Henrietta, N.Y. from 8 a.m. – 5 p.m.
  • It will also be held again Thursday, Jan. 16, 2014 at the Marriott Marquis Times Square in New York City from 8 a.m. – 5 p.m.
  • The conference is also available via live webcast.

“With the issuance of a new audit and accounting guide and a bipartisan cooperation within the New York State legislation to overhaul and modernize the state’s nonprofit law, both the accounting and regulatory landscape have changed,” said David M. Rottkamp, chairman of the Society’s Not-For-Profit Organizations Committee and the Not-For-Profit Practice Leader at Grassi & Co.

For media credentials and additional inquiries please contact Alonza Robertson at arobertson@nysscpa.org or call 212.719.8405.

About the New York State Society of Certified Public Accountants (NYSSCPA)

NYSSCPA is one of the largest state accounting organization in the U.S. and currently represents the issues, standards and public services efforts of certified public accountants who practice in New York State. Incorporated in 1897, the Society fulfills its mission through its 15 chapters with 29,000 members, more than 60 technical and administrative committees and a 39-member Board of Directors. For more information visit www.nysscpa.org or contact Alonza Robertson, arobertson@nysscpa.org or call 212.719.8405.

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