Description
Leveraging the New Nonprofit Accounting Standard to Communicate your Purpose & Impact
Presented by:
Cindy Bergvall, CPA
Bee Bergvall & Company
Topic Description
New accounting standards are often seen as burdensome and confusing, frequently creating more work for an organization. The latest new nonprofit accounting standard addresses hot button topics such as overhead, financial sustainability, and donor stewardship. By re-framing the new standard, organizations can create an opportunity to communicate your purpose and impact from a financial perspective.
Participants will discuss how their nonprofit will address each issue in their financial statements, as well as consider how to present their financials from a position of strength. In this interactive workshop session, participants will develop a new appreciation for the power of their financial statements.
As a result of attending this session, participants will recognize how to adapt your organization’s financial statements to communicate your purpose and impact at a deeper level.
Specifically attendees of this session will leave with greater knowledge of:
- Communicating to donors the stewardship of their investment with you
- Explaining how you leverage administrative and fundraising expenses to deliver program services
- Demonstrating the sustainability of your organization
While Board Treasurer’s or Finance Committee members are often tasked with explaining the financial statements, all Board Members are faced with issues of stewardship, use of resources, and sustainability. This topic will be addressed with the perspective of the non-financial Board Member in mind.
Bio
Cindy Bergvall, CPA
“I never knew accounting could be so much fun!” This real client quote is Cindy’s goal—for people to see the power of their numbers to advance their organizations. Cindy Bergvall is a director with the accounting firm of Bee, Bergvall, & Company and a strategic consultant the Catalyst Center for Nonprofit Management.
Cindy has spoken locally and nationally for a number of organizations including the PA Institute of CPA’s, PA Association of Nonprofit Organizations, and Charity Channel. Topics have included Financial Sustainability, Capacity Building, Fraud Issues, Board Governance, and Key Performance Indicators.
Cindy currently serves as a Board President for CB Cares Educational Foundation. She is a member of the C12 Group; GFOA; PICPA Local Government Committee; and the PICPA Fiscal Responsibility Task Force. Cindy is an Adjunct for Cairn University’s Nonprofit Leadership graduate program.
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Registration and Luncheon: 11:45 AM to 12:15 PM
Welcome/Invocation/Announcements: 12:15 PM to 12:30 PM
Program and Q&A: 12:30 PM to 1:30 PM
The Program will begin promptly at 12:30p.m.
Location:
Northampton Community College, Fowler Family Southside Center, 511 E. Third St., Room 605, Bethlehem, PA
The parking lot across the street from the Fowler Center is torn up. Please park in the lot directly behind their building (in the ArtsQuest parking lot)
AFP Members: $25
Non-Members: $35
1 Continuing Education point
