Nonprofit

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Due to the increasing economic pressure, nonprofit organizations are beginning to view mergers & consolidations as a way to assure their financial health. The question now is: how do mergers and consolidations work in the non-profit sector and what should organizations and their advisors be aware of to avoid any pitfalls during these transactions?

Nonprofit Organization Mergers, Consolidations, and Other Combinations: Accounting and Legal Issues Live Webcast aims to address the most critical issues that surround this timely topic. Join The Knowledge Group in this 2-hour live webcast and learn about these processes and get updates about the latest practices. Register now by clicking the “Register“ button below. Advanced registration is recommended as enrolment is limited for this course.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 103957
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for Nonprofit Organization Mergers LIVE Webcast:


Proposed Agenda (click here to view more)
SEGMENT 1:


Jerald A. Jacobs , Partner,
Pillsbury Winthrop Shaw Pittman LLP


- Driven by the recession and member/donor cost-consciousness, many nonprofit organizations
  have explored mergers, consolidations and other combinations; the rate of closing such
  deals -- whether local, regional or national -- has increased markedly in recent years.
- Nonprofit mergers resemble business mergers in that similar state laws dictate the procedures to
  be used; but nonprofit mergers differ fundamentally because "bottom line" financial issues are
  rarely the main driving force; instead issues of membership, governance, programs, and
  benefits predominate nonprofit merger negotiations.
- Nonprofit merger discussions often "fall off the rails" over matters that could have been anticipated
  and managed successfully; this session focuses on the "do's" and "don'ts" of nonproft
  organization mergers, consolidations and other combinations.

SEGMENT 2:


Linda J. Shinn, CAE , Principal
Consensus Management Group

- Merger, Consolidation, Unification, Harmonization – some drivers
- What Compels Successful Combination Efforts?
- Barriers/Traps
- Transition and Start Up

SEGMENT 3:


Thomas J. Sneeringer, CPA , Partner,
McGladrey & Pullen, LLP

- Long awaited accounting standard on Not-for-profit (NFP) mergers and acquisitions is now here
- It is anticipated the most NFP business combinations will be treated as acquisitions under the new
  rules
- For acquisitions, organizations likely to consult with valuation experts in order to record various
  components at fair value
- Mergers are still possible under the new rules but organizations that want to go this route need to
  plan carefully in order to meet all the criteria for this treatment.
- Accounting treatments and related disclosures can be very complex under either an acquisition or
  merger. Organizations should include their accounting advisers early in the process.

SEGMENT 4:


Charles F. Tate , Managing Partner,
Tate & Tryon Certified Public Accountants

- The Final Step—financial due diligence
- Who coordinates the due diligence?
- What is financial due diligence?
- What are some common areas of concern?





Pillsbury Winthrop Shaw Pittman LLP
Jerald A. Jacobs
Partner
speaker bio »»

Consensus Management Group
Linda J. Shinn, MBA, CAE
Principal
speaker bio »»

McGladrey & Pullen, LLP
Thomas J. Sneeringer, CPA
Partner
speaker bio »»

Tate & Tryon Certified Public Accountants
Charles F. Tate
Managing Partner
speaker bio »»

Who Should Attend?

- Accountants and Attorneys for Nonprofit Organizations
- Nonprofit Executives and Leaders
- Certified Association Executive (CAE)

Why Attend?

This is a must attend event to everyone to hear the latest development on Nonprofit Organization Mergers
    - Detailed guidance explained by the most qualified key leaders & experts
    - Hear directly from key regulators & thought leaders
    - Interact directly with panel during Q&A

Registration Information:                                                                                                                                    


 

Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.

 

 

 

 


Nonprofit Organization Mergers, Consolidations, and Other Combinations: Accounting and Legal Issues
LIVE Webcast
Speaker Firms:








 

The Knowledge Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org


 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

To Claim Your CLE Credits:

The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml



 
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