Tuesday, May 24
09:00 AM - 10:00 AMWhat Does the Science of Educational Psychology Teach Us About Compliance Training Best Practices? C.J. Wolf, Faculty, BYUI Compliance training and education is one of the well-documented elements of an effective compliance program. Historically, many compliance programs threw words on a slide deck, forced people to read the material and then checked off the box.But why waste such a precious opportunity by providing substandard training? Educational psychologists study the principles of effective training and education. This session will focus on best practices learned from educational psychology. We will cover:
- Established principles of adult education (Knowles’ principles of andragogy)
- How to design effective compliance training
- Principles of training evaluation (Kirkpatrick’s four levels of evaluation)
10:00 AM - 10:15 AMBreak
10:15 AM - 11:15 AMPeople and Compliance: Challenges in Nonprofit Organizations Tammy Jelinek, Principal , Wipifli LLP Katherine Eilers, Senior Manager, Wipfli LLP Nonprofit compliance has always been a hot topic. And through the decades it continues to ebb and flow. In this session, we will discuss a few challenges facing many organizations. One challenge is financial leadership succession. Whether an agency has a plan in place or not, with mass retirements happening now and in the next few years, new financial leaders are taking over and as they learn, the compliance risks increase. And speaking of people, what happens when you have chronically fewer people to complete compliance-based tasks? That’s right, you inherently have more risk. Together, we will discuss these challenges and brainstorm solutions to helping your agency move forward.
- Explore people related risks in nonprofits.
- Share best practices.
- Identify immediate take-a-ways
11:15 AM - 11:30 AMBreak
11:30 AM - 12:30 PMEmbracing Risk Leadership David Renz, Professor Emeritus of Nonprofit Leadership and Director Emeritus, Midwest Center for Nonprofit Leadership Successful management of compliance risk, or any other risk for that matter, requires moving on from the traditional risk management mentality to one of risk leadership. After attending this session, attendees will be able to:
- Distinguish risk leadership from risk management
- Create a more risk-aware culture
- Adopt a governance model that emphasizes risk leadership
12:30 PM - 01:15 PMMid-Conference Break
01:15 PM - 02:15 PMHot-Button Federal Tax Issues for Nonprofits Jeffrey Tenenbaum, Managing Partner, Tenenbaum Law Group PLLC
- What are the most common and recurring UBIT pitfalls for nonprofits - and what are the best strategies for minimizing UBIT while maximizing revenues?
- What are best practices and trends in nonprofit executive compensation?
- Nonprofit and for-profit affiliates and subsidiaries - everything you need to know to protect the separate corporate and tax status of each member of the family
- Private inurement and private benefit - what’s the difference between them, what are the leading pitfalls, and what are practical solutions for mitigating tax risk?
02:15 PM - 02:30 PMBreak
02:30 PM - 03:30 PMFraud Risks in Nonprofit Organizations Gerry Zack, CEO, SCCE & HCCA Many fraud risks also have the potential for creating significant compliance risks for the organization. Some of these risks are common across all types of organizations, while others are unique to nonprofit organizations. Understanding how these frauds are carried out is a key to designing appropriate controls and other responses. This session will address these issues for some of the most critical fraud risks faced by nonprofit organizations. After attending this session, participants will be able to:
- Identify critical fraud risks within their organizations
- Assess the compliance risk posed by key fraud risks
- Develop a response to mitigate fraud risk
03:30 PM - 04:00 PMConference Adjourns
All sessions have a knowledge level associated with them, these levels are just guidelines and you are free to attend sessions of any level.
Basic: Program knowledge level most beneficial to Compliance Professionals new to a skill or an attribute. These individuals are often at the staff or entry level in organizations, although such programs may also benefit a seasoned professional with limited exposure to the area.
Intermediate: Program knowledge level that builds on a basic program, most appropriate for Compliance Professionals with detailed knowledge in an area. Such persons are often at a mid-level within the organization, with operational or supervisory responsibilities, or both.
Advanced: This level focuses on the development of in-depth knowledge, a variety of skills, or a broader range of applications. Advanced level programs are often appropriate for seasoned professionals within organizations, and professionals with specialized knowledge in a subject area.