Published On: August 2nd, 2021|By |Categories: RSM, Article, Nonprofits|4.9 min read|


Authored by RSM US LLP


RSM’s virtual learning portal provides access to on-demand webcasts and educational content for the nonprofit industry. Earn CPE credit on your schedule and get insights on opportunities and issues affecting nonprofits.

On-demand CPE sessions include:

  • Nonprofit accounting update
  • Re-imagining your nonprofit’s business operations
  • I-LEAD inclusive leadership: Creating greater equity and understanding
  • Federal grants management update—COMING SOON!

Access the nonprofit virtual learning portal.

Descriptions of the sessions are included below.

Title: Nonprofit accounting update
CPE Credit: One CPE credit will be issued to eliglbel participants
Duration:  59 minutes
Field of study: Accounting
Who should attend: Nonprofit CFOs, controllers and other nonprofit finance and accounting professionals

Between implementing significant new accounting standards and grappling with the COVID-19 pandemic, nonprofit finance professionals have had their hands full. During this session, we take stock of the lessons learned from the past year and prepare for the new accounting challenges nonprofits will face in the near future.

This presentation will cover accounting considerations related to:

  • Accounting for revenue
  • Impact of COVID-19 on financial reporting
  • Preparing for the “new” lease standard
  • In-kind donations
  • Functional cost allocations

Learning objectives
By the end of this presentation, participants will be able to:

  • Articulate recent accounting updates and describe their potential effect on nonprofit organizations
  • Discuss lessons learned from the adoption of new standards related to revenue
  • Explain the impact of the COVID-19 pandemic on financial reporting
  • Describe how to plan for changes required by the lease accounting standards

Title: Re-imagining your nonprofit’s business operations
Duration: 60 minutes
CPE credit: One CPE credit will be issued to eligible participants
Field of study: Finance
Who should attend:
 CEOs, chief financial officers, chief operating officers and leaders at nonprofit organizations

In order to stay nimble in today’s evolving environment, nonprofits need connectivity and transparency across all aspects of the organization as well as the ability to forecast trends and make informed decisions.

This on-demand webcast covers characteristics of a high-performing nonprofit business operation as well as leading practices for increasing efficiency and effectiveness in the following areas:

  • Integrated strategic and financial planning
  • Data analytics and scenario planning
  • Finance and accounting functions

Learning objectives:
By the end of this presentation, participants will be able to:

  • Explain finance’s role in strategic and financial planning
  • Discuss how leveraging technology can improve budgeting and forecasting
  • Describe staffing and resourcing solutions to meet business operations needs

Title: I-LEAD Inclusive Leadership: Creating greater equity and understanding
CPE credit: One CPE credit will be issued to eligible participants
Duration:  65 minutes
Field of study: Behavioral ethics
Who should attend: CEOs, CFOs, HR and other leaders of nonprofit organizations

Inclusive leadership begins with “I.” Great leaders know how to leverage culture, diversity and inclusion as an asset for personal, team and organization success. Fundamentals of inclusive leadership allow us to think differently about talent retention and advancement and launch a journey from awareness, understanding and application of inclusive principles to the integration and sustainable behaviors of true inclusivity.

This presentation will cover the I-LEAD model for inclusive leadership and the skills and behaviors of igh-performing leaders.

Learning objectives
By the end of this presentation, participants will be able to:

  • Describe the I-LEAD model for assessing inclusive leadership and action.
  • List key terms, concepts and defining principles of diversity, equity and inclusion.
  • Discuss new organizational behavior frameworks and maturity models for the successful practice of inclusion.
  • Explain the business case for achieving an inclusive culture, including why inclusion can help drive positive business results.
  • Describe actions that can be used to drive change, address bias, and mentor, sponsor and lead diverse teams.

Federal grants management update

Learn about current developments in grants management and typical issues faced by nonprofit federal award recipients.

Do you have questions or want to talk?

Call us at (800) 232-9547 or fill out the form below and we’ll contact you to discuss your specific situation.

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This article was written by RSM US LLP and originally appeared on 2021-08-02.
2021 RSM US LLP. All rights reserved.

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Insero & Co. CPAs, LLP is a proud member of RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States. RSM US Alliance provides our firm with access to resources of RSM US LLP, the leading provider of audit, tax and consulting services focused on the middle market. RSM US LLP is a licensed CPA firm and the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.

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