Understand the New York Prudent Management of Institutional Funds Act (NYPMIFA), Manage and Account for Restricted Funds and Implement Best Practices for Managing Nonprofit Endowments
August 29, 2024
In-Person
NASBA 1
Instructor
Ken Cerini
View Bio
Instructor
Ken
Cerini
View Bio
Mr. Ken Cerini, CPA
Bio
Ken is the Managing Partner of Cerini & Associates, LLP and is the executive responsible for the administration of our not-for-profit and educational providers practice group. In addition to his extensive audit experience both at Ernst & Young, LLP, and Cerini & Associates, LLP, Ken has been directly involved in providing consulting services for nonprofits and educational facilities of all sizes throughout New York State. Ken has won numerous awards, and has been quoted in publications such as Newsday, Long Island Business News, the Long Island Press, and the New York Times. Ken is the editor for three of the five newsletters published in-house by the firm, including: The Lesson Plan, written for school districts; The Special ED-ition, published for special education providers; and The NFP Advisor, written specifically for the nonprofit sector. He teaches a graduate level nonprofit accounting course at LIU-CW Post.
Understand the New York Prudent Management of Institutional Funds Act (NYPMIFA), Manage and Account for Restricted Funds and Implement Best Practices for Managing Nonprofit Endowments;
Learning Objectives
Upon completion of this course, you'll be able to:
Gain a comprehensive understanding of the New York Prudent Management of Institutional Funds Act (NYPMIFA) and its impact on managing nonprofit endowments and restricted funds
Learn strategies for managing and accounting for restricted funds, including donor-imposed restrictions, conditions, and disclosures, to ensure compliance and transparency.
Explore best practices for managing nonprofit endowments, including investment strategies, spending policies, and stewardship practices to sustain long-term financial health and support organizational mission and goals.
Major Topics
New York Prudent Management of Institutional Funds Act (NYPMIFA) and its impact on managing nonprofit endowments and restricted funds
Strategies for managing and accounting for restricted funds, including donor-imposed restrictions, conditions, and disclosures, to ensure compliance and transparency.
Managing nonprofit endowments, including investment strategies, spending policies, and stewardship practices to sustain long-term financial health and support organizational mission and goals.
CPE Credits Available
NASBA 1
1
Accounting (NYSED) (Accounting) - NASBA
Cerini & Associates LLP
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