We are pleased to announce our 2010 Financial Management Classroom Training targeted at nonprofit staff and board. We are pleased to be partnering with the Indiana Community Action Association, Indiana CPA Society, and other organizations for this year's various financial management classroom training's. We have trained over 1,500 classroom attendees on numerous financial management topics. Should you want financial management training specific to your staff or board, please contact us to discuss.

The following training is hosted by and will be held at the Indiana Community Action Association. The registration fee is only $10 or $15 per session which covers lunch and the costs of training materials.

- Board Fiscal Oversight Training

March 18, 2009, 10:00am-4:00pm

Presenters: James A. Simpson, CPA, President of Financial Technologies and Management and Bryan Orander, President of Charitable Advisors

Training Description

Your Board is responsible to your community for holding your organization “in trust”. What’s the board’s role in the financial management of your organization? How do the staff and board work together effectively to get things done efficiently while maintaining that public trust? This workshop will cover topics from the “big picture” of strategic board work, to avoiding conflicts of interest, to the practical details of how to read and interpret a financial statement and what questions to ask.

Register Now. You will click on Community Action Training from the home page to register. Registration will be done by Indiana Community Action Association.

- Not-for-Profit Organization Accounting, New Form 990, and Auditing Issues 2008 Update

April 27, 2009, 9:00am-2:00pm, Central Indiana; Indianapolis, Indiana; Indiana Community Action Association

April 28, 2009, 9:00am-2:00pm, Southern Indiana; Mitchell, Indiana

April 29, 2009, 9:00am-2:00pm, Northern Indiana; Plymouth, Indiana

Presenters: James A. Simpson, CPA, President of Financial Technologies and Management and Bryan Orander, President of Charitable Advisors

Training Description

• IRS major changes including required board governance and compliance changes
• Auditing developments and what new auditing standards require
• Understanding accounting and regulatory developments related to financial reporting
• Identify significant risks that may result in misstatement of financial statements.
• How accounting software and related financial reporting can help meet increased board governance and regulatory requirements?

Response to the IRS ’s recently revised Form 990 - to be implemented with filings beginning January 1, 2009 - has drawn praise from people who suspect widespread abuse in the nonprofit sector and moans from thousands of smaller organizations who have traditionally just handed their Form 990 to a CPA or accountant, sometimes as a volunteer, to quickly prepare and submit it.

THE WORLD HAS CHANGED and we have an opportunity and obligation to improve our work. Whether your organization has sophisticated accounting staff and systems or you are struggling to keep up through QuickBooks and prayer, the new Form 990 reaches well beyond the financial numbers to request/require submission of significant information about the board of directors and how it fulfills its leadership and oversight roles with your organization.

BRING AT LEAST TWO people so you can get the most out of our sessions. We will begin with the full group to discuss the big picture of what has changed with Form 990 and a brief update on Accounting and Auditing Issues. Then the group will break into two tracks – Governance/Board and Finance/Accounting. The Governance/Board group will discuss the areas of the Form 990 focused on board roles and non-financial issues, including sample forms and how to create some “learning discussions” with your board. The Finance/Accounting group will focus on how the new Form 990 will need to be completed and what you can do now to make it easier.

Register Now. You will click on Community Action Training from the home page to register. Registration will be done by Indiana Community Action Association.

-Effective Internal Control and Business Processes

May 4, 2009, 10:00am-4:00pm

Presenters: James A. Simpson, CPA, President of Financial Technologies and Management

Register Now. You will click on Community Action Training from the home page to register. Registration will be done by Indiana Community Action Association.

-Effective Grants Management and Cost Allocations

May 5, 2009, 10:00am-4:00pm

Presenters: James A. Simpson, CPA, President of Financial Technologies and Management

Register Now. You will click on Community Action Training from the home page to register. Registration will be done by Indiana Community Action Association.

-IN CPAS Nonprofit Conference sponsored by FTM - More Information

The Indiana CPA Society will host its 6th annual nonprofit conference on Wednesday, June 10, 2009. We are the platinum level sponsor for this conference and once again serve on the nonprofit conference planning committee. If you are interested in attending, please contact us with your registration information for a friend of the firm registration rate. Also, we have a limited number of free registrations if requested.