The 22nd annual conference on Not-For-Profit Organizations This One-Day Seminar is Designed for Attorneys, Accountants, and Not-For-Profit Executives and Board Members.   Co-Sponsors: CPAs For the Public Interest Donors Forum of Chicago June 6, 2003

ONLINE REGISTRATION AVAILABLE! Click here to register online or print registration information.

Program Highlights

This one-day seminar is designed to keep attorneys, accountants, and not-for-profit executives and board members up-to-date on the most current developments in taxation, legislation and regulation of non-profits. The conference features a comprehensive program presented by leading experts in the area.

2002-03 Tax Developments
Implications of Sarbanes-Oxley for Best Practices in Not-For- Profits
IRS Focus 2003
Labor & Employment Developments Affecting Not-For- Profits
Update from the Illinois Attorney General’s Office
Current IRS Developments
Unrelated Business Income
Forensic Accounting & Employee Fraud
Common Errors on Financial Statements
Retirement Plans in Today’s Uncertain Climate
Top 10 Financial Mistakes Non-Profit Organizations Make and Can Avoid

FRIDAY, JUNE 6, 2003

8:00-8:45
Registration

8:45-9:00
Welcome

Philip N. Hablutzel
Faculty Sponsor, Professor of Law, Chicago-Kent College of Law

Janice E. Rodgers
Quarles & Brady LLC
Conference Co-Chair

9:00-9:50
Current Tax Developments
This session will highlight recent tax cases and 2002-03 rulings of special interest to not-for-profit organizations.
Bruce E. Huey
Friedman & Huey Associates

9:50-10:50
Implications of Sarbanes- Oxley for Best Practices in Not-For-Profits
The Sarbanes-Oxley Act of 2002 and the SEC’s new Reg. G apply
to publicly-held for-profit corporations. The new strict regimes, as they apply to outside directors, the operation of audit committees, and corporate governance generally, will soon impact the governance of non-public for-profits and eventually non-profits as well. What can non-profits expect as the rules of corporate governance enter this brave, new era?
Moderator: Philip N. Hablutzel
Professor of Law
Chicago-Kent College of Law

Joshua J. Mintz
Vice President and General Counsel, The John D. and Catherine T. MacArthur Foundation

John P. Vail
Quarles & Brady LLC

10:50-11:00
Break

11:00-12:00
IRS Focus 2003
Catherine Livingston
Assistant Chief Counsel
(Tax Exempt/Government Entities) IRS, Washington D.C.

12:00-12:30
Lisa Madigan (invited)
Illinois Attorney General

12:30-1:15
Buffet Luncheon

1:15-2:15
Concurrent Workshops

IRS Current Developments
The panel will identify current examination projects and discuss pending compliance initiatives including projects involving donor-advised funds and IRC section 4958 intermediate sanctions. The
discussion will also cover the IRS's increased use of limited scope examinations.
Denis J. Conlon
Ernst & Young

Fred Kluss
Group Manager, (Tax Exempt/
Government Entities), Great Lakes, IRS

Current Labor & Employment Developments Affecting Not-For-Profits
This session will provide attendees with an insightful summary and analysis of court decisions, agency rulings and other developments that not-for-profits must know. The Family Medical Leave Act, sexual harassment, disability and other types of discrimination, wage and hour decisions will be covered.
K. Bruce Stickler
Stickler & Nelson

Forensic Accounting and Employee Fraud
Employee fraud is something that happens to other organizations, not those that you serve. . . Wrong! Statistically, it is happening at organizations you serve right now. The focus of this workshop will be on the issue of occupational fraud, why it happens and how you can prevent, or at least detect it, on a more timely basis.
Michael T. Dyer
PricewaterhouseCoopers
Investigations & Forensic Services

2:15-2:30
Break

2:30-3:30
Concurrent Workshops

Unrelated Business Income: An Update
This session will include a survey of the unrelated business income
tax developments in the past year. Topics to be covered will include joint ventures/partnerships, internet activities and royalty income. The focus will be on the technical basis of a position as well as its practical applications.
Daniel Marback
Senior Manager
Deloitte & Touche LLP

Mary E. Rauschenberg
Tax Director
Deloitte & Touche LLP

Common Errors on Financial Statements
This hands-on session will review a sample organization's financial statements and discuss common reporting errors.
Susan Weiss Budak
Consultant

Retirement Plans in Today’s Uncertain Climate
This session will inform you about the latest developments in Washington D.C. affecting reform in the area of qualified plans. You'll also receive some valuable tools on what to expect from
fiduciaries who are responsible for these plans.
Rosemarie M. Panico-Marino
Managing Director, Pension Consulting Services Group, American Express Tax and Business Services

3:30-3:45
Break

3:45-4:45
Concurrent Workshops

Top 10 Financial Mistakes Non-Profit Organizations Make and Can Avoid
This session will include a look at common mistakes that non-profits make in fiscal operations and management. Concentration of the session will be more positive and show ways to avoid these mistakes so organizations can present financial data in a more informative and precise manner. The session will conclude with a short presentation on the most recently issued audit risk alert.
John Quinn
Clifton Gunderson LLP

Update from the Illinois Attorney General’s Office
This workshop will provide an update on current legislative
developments and topics of interest to not-for-profits.
Therese Harris
Assistant Attorney General,
Charitable Trusts Bureau, Office of the Illinois Attorney General

Floyd D. Perkins
Assistant Attorney General and Bureau Chief, Charitable Trusts, Office of the Illinois Attorney General

Confirmation of Registration
A letter of confirmation will be mailed to the address given on your registration form.

Confirmation of Attendance
A certificate of attendance will be provided at registration.

Cancellations and Refunds
Written notification of cancellation is required. A full tuition refund is available if notification is received prior to May 9, 2003; 25% will be charged if notification is received between May 9 and May 30, 2003. No refunds will be granted after May 30, 2003.

CPE Credit
7.6 hours on a “50-minute” credit hour. Chicago-Kent College of Law is a registered public accountant professional education sponsor in Illinois and New York. Please note that 2003 is a reporting year.

MCLE Credit
6.3 hours on a “60-minute” credit hour; 7.6 hours on a “50-minute” credit hour. The actual number of approved hours may vary from state to state.

For additional information:
Please call the Office of Continuing Legal & Professional Education, Chicago-Kent College of Law, (312) 906-5090.

Hotel Accommodations
For the convenience of out-of-town attendees, hotel accommodations have been made at the newly remodeled Hotel 71 (formerly
the Executive Plaza). The room rate at Hotel 71 is $149 for single or double occupancy, plus 14.9% tax. Hotel 71 is a short cab ride to the law school and provides easy access to Michigan Avenue night life and shopping. Please make reservations directly with the hotel. Requests for accommodations cannot be assured if made after May 6, 2003. Please mention to the hotel reservation receptionist that you are attending the Chicago-Kent College of Law Conference on Not-For-Profit Organizations. To make reservations:

Hotel 71
71 East Wacker Drive
Chicago, IL 60601-3706
(800) 621-4005
Fax (312) 346-2787
www.hotel71.com

 ADDITIONAL INFO

• Program Archives
• Video Archives
• About CLE
• Print Brochure
• Contact Us
• CLE Home