EB-NC Financial Management Network Webinar - April 13, 2024

When:  Apr 13, 2024 from 09:00 AM to 01:00 PM (PT)

A continuing education (CPE) event for accounting and finance professionals. The program allows you to earn four hours of CPE credit, keep up-to-date on accounting and finance issues and network with other professionals.

These CPE Sessions are conducted under the IMA's Global Core Values and IMA's Statement of Ethical Professional Practice. Adherence to these statements are required to participate in this event.

The new link for the East Bay - Northern California FMN Session is:

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Here are the April 2024 topics:
9:00 AM
U.S. Economic Outlook– Labor, Inflation, Geopolitics, and AI Impacts 
Field of Study: Economics 
Over the past few years, the U.S. has navigated through a complex economic landscape with challenges driven by supply chain disruptions, inflationary pressures, and geopolitical uncertainties. However, there is cautious optimism regarding the economy's resilience, supported by robust consumer spending, technological advancements, and ongoing policy responses. Dana Peterson, Chief Economist, with The Conference Board, joins this segment to discuss the labor market, business and consumer confidence, inflationary concerns, downside risks regarding deglobalization and geopolitical tensions involving the U.S. and China, as well as impacts from AI.

10:00 AM
Embracing Technology and Digital Transformation in the Finance Function 
Field of Study: Information Technology 
The cutting-edge accountant continually strives for a forward-thinking mindset and a willingness to learn. This is especially crucial in driving successful digital transformation initiatives in the finance function. Nigel Franklyn, Senior Director of Finance and IT at Kripalu Center for Yoga & Health, shares examples of leveraging technology to improve processes, enhance user experiences, and create value for the business. He offers guidance for the finance executive in aligning technology initiatives with the strategic priorities of the organization. 

11:00 AM
Common Control Arrangements: Understanding the Impacts from ASU 2023-01 
Field of Study: Accounting 
In March 2023, the FASB issued an ASU that improved the guidance for leasing arrangements between entities under common control. This ASU, “Leases (Topic 842) Common Control Arrangements”, provides private companies with a practical expedient to use the written terms and conditions of a common control arrangement to determine whether a lease exists and, if so, the classification of and accounting for that lease. Jeremy Dillard, Technical Standards Partner, with SingerLewak, joins this segment to discuss the changes related to the terms and conditions that must be considered, as well as how all entities, including public companies, are to amortize leasehold improvements associated with common control leases.

12:15 PM
NFP Accounting Practices: Ensuring Financial Accountability & Compliance 
Field of Study: Accounting
 In a nonprofit organization, accounting and bookkeeping functions require additional recordkeeping and reporting based on unique nonprofit rules. Recording transactions from funding sources, such as donations, memberships and grants, requires reporting with a high level of transparency. Kimi Ellen, Managing Partner at Benford Brown & Associates LLC, joins this segment to provide additional background on the true purpose of formal nonprofit accounting processes, how to record donations, accounting for grants, as well as the preparation of financial reports. Kimi also discusses the benefits of fiscal agent services, management letter comments, and implementation of effective internal controls.

Cost: $40 Pay through PayPal


Robert Hulin
(510) 304-1406