ACPEN Signature: 2022 Not-for-Profit Accounting, Auditing & Tax Update

C. Clinton Davis, CPA, JD Related seminars and products

Krage & Janvey, L.L.P.

CLINT DAVIS is with the law firm of Krage & Janvey, LLP in downtown Dallas.  He graduated cum laude from the SMU Dedman School of Law in 1980 and first in his graduating class from Northwestern State University of Louisiana in 1977 with a Bachelor of Science in Accounting.  He was first licensed in Florida as an attorney in 1980 and then in Texas in 1982.  He has been a licensed CPA in Texas since 1980.  He has been Board Certified in Tax Law by the Texas Board of Legal Specialization since 1988.  He has been named as a Super Lawyer, a Top Attorney in Texas by Texas Monthly, one of the Best Lawyers in Dallas by D Magazine and a Top Rated Lawyer by the Dallas Morning News, all in the tax area. 

Clint has in the past been an author and discussion leader for numerous CPE courses for the Texas Society of CPAs. Clint also speaks before various bar associations and accounting conferences. and is a frequent presenter and moderator on the Accountants’ Continuing Professional Education Network.

Clint primarily represents high net worth individuals and closely held businesses with much of his time devoted to real estate tax planning, implementation of S corporation ESOPs, mergers and acquisitions and private foundations.

Jeffery D. Mechanick, CPA, M.B.A. Related seminars and products

Jeff Mechanick is Assistant Director for Nonpublic Entities at the FASB.  In that role, he provides strategic and technical oversight of all activities involving not-for-profit (NFP) organizations and private companies, chairs the FASB’s Not-for-Profit Advisory Committee, oversees support of the Private Company Council, and participates in some of the FASB’s broader outreach activities. He is also a member of the Technical Advisory Group of the International Financial Reporting for Nonprofit Organizations initiative (#IFR4NPO).

Jeff has also been the overall lead staff member for the Blue-Ribbon Panel on Standard Setting for Private Companies and the FASB/IASB Financial Crisis Advisory Group. 

Prior to joining the FASB staff in 2006, Jeff spent 20 years working in and with the not-for-profit sector, as the CFO of Planned Parenthood Federation of America, Inc., and before that, as a Senior Manager with KPMG, LLP, in the firm’s New York office.  From 1992 to 1994, he served as the National Technical Senior Manager for the firm’s Higher Education, Research, and Other Not-for-Profit Organizations (HERON) practice.  He is also a past member of the AICPA’s NFP Expert Panel.  Jeff received his MBA from Rutgers University and his AB from the University of Chicago, and he is a member of the AICPA and the New York State Society of CPAs.  He is also an adjunct instructor in Columbia University’s MS program in Nonprofit Management.

Vincent M. Walden, CPA, CFE Related seminars and products

Managing Director Forensic Technology: Regulatory & Compliance Intelligence

Alvarez & Marsal Disputes and Investigations, LLC

Vincent Walden is a Managing Director with Alvarez & Marsal’s Disputes and Investigations in New York. He specializes in forensic data analytics, continuous controls monitoring, information governance and legal discovery services. His primary area of concentration is in providing leading technology perspectives on both proactive compliance programs and reactive investigations.

With more than 25 years of investigative and legal technology experience, Mr. Walden has extensive experience in anti-fraud and surveillance analytics, anti-bribery and corruption compliance monitoring, sanctions and trade compliance monitoring, and anti-trust compliance monitoring. He also has deep insights in using leading technology approaches to artificial intelligence and proprietary anti-fraud behavioral algorithms.

Prior to joining A&M, Mr. Walden spent 14 years at Ernst & Young’s Forensic & Integrity Services Practice in Dallas, New York and Atlanta, where he most recently served as a Partner for the past eight years. Before EY, he worked at KPMG and Arthur Andersen. During his career, he also served as President and CFO of a privately-funded Internet company, which was subsequently sold to a Fortune 500 Company.

As an industry thought leader, Mr. Walden sits on Compliance Week’s Advisory Board and is featured in many publications including Internal Auditor Magazine, Compliance Week, Forbes, The Wall Street Journal, Harvard Business Review and The Economist. He is a regular columnist for FRAUD Magazine and writes about anti-fraud innovation. As part of COSO’s Anti-Fraud Task Force, Mr. Walden co-authored its “Fraud Risk Management Guide”, which was released in September 2016. He also hosts a bi-weekly podcast show, “The Walden Pond”, which focuses on compliance innovation.

Mr. Walden earned a bachelor’s degree in business administration from the University of Southern California. He completed the Harvard Leadership Program at Harvard Business School, and is also a Certified Public Accountant and a Certified Fraud Examiner. Mr. Walden volunteers as the President of The Association of Certified Fraud Examiner’s Education and Research Foundation, which provides academic scholarships to students and anti-fraud research to qualified recipients. 

Lee Klumpp, CPA Related seminars and products

Lee Klumpp is a Professional Practice Partner with BDO and has more than 25 years of experience serving the nonprofit, healthcare and government industries.  Lee completed a two-year Fellowship with the Financial Accounting Standards Board (FASB) in Norwalk, CT. During his fellowship, he led the FASB's project to reexamine existing standards for financial statement presentation by nonprofit entities, focusing on improving the net asset classification requirements and information provided in financial statements and notes about liquidity, financial performance, and cash flows. He also focused on various FASB agenda projects and emerging practice issues that focused on nonprofit. 

Lee spends an extensive amount of time:

• Researching, writing, and disseminating information related to recent accounting and auditing pronouncements promulgated by the FASB, the Government Accounting Standards Board (GASB), the Office of Management and Budget (OMB), the Government Accountability Office (GAO), the AICPA’s Auditing Standards Board, and others that provide guidance for the nonprofit and government industries.
• Providing consultation to BDO engagement teams and our alliance firm network around the country on various financial, accounting, auditing, and reporting issues related to nonprofit and government organizations. Additionally, Lee provides assistance to our international offices on various topics and issues for their nonprofit and government clients with focus on foreign sub-recipients of funds from United States federal agencies.
• Preparing and presenting speeches, seminars, and webinars on various accounting, auditing, internal control, governance, financial reporting, and Single Audit issues and topics around the country.

Lee’s work experience includes:

• Working with organizations in the governmental and nonprofit community with international, multiple divisions, reporting units, and nonprofit and for-profit entities.
• Significant experience in compliance auditing of organizations receiving federal financial funding in accordance with the Uniform Guidance.
• Presenting audit reports and management letters to boards of directors and audit committees.

PROFESSIONAL AFFILIATIONS

• American Institute of Certified Public Accountants (National Instructor for various Nonprofit and Governmental accounting and auditing topics, Ethics Committee’s Technical Standards Subcommittee Member)
• Financial Accounting Standards Board’s Nonprofit Resource Group (Member)
• Greater Washington Society of Certified Public Accountants’ (Member)

Neely Duncan, CPA, CFE, FCPA Related seminars and products

A member of BKD National Not-for-Profit Group, Neely has more than 20 years of audit and advisory experience in public accounting.  Her expertise includes financial statement audits, Single Audits, grants management and compliance, outsourced accounting functions, standards implementation, internal audit procedures, strategic planning and tax-exempt matters for a wide range of not-for-profit entities. Neely also performs forensic work related to various cases and internal controls consulting.

In addition to handling the accounting and audit needs of her clients, she advises clients on operational efficiencies, internal controls and governance issues and routinely shares best practices with clients gained from working with a variety of organizations.   She is a highly sought national speaker on technical matters in the accounting community.  Neely also served in the United States Navy for four years.  

Neely is a member of the American Institute of CPAs, Texas Society of Certified Public Accountants, where she serves as a board member, TXCPA -Dallas and the Association of Certified Fraud Examiners, Inc..  She holds the Certified Fraud Examiner (CFE) designation.

She has been involved with many other professional associations, including Dallas Social Venture Partners, The Dallas Foundation Advisory Committee, Partnership for Philanthropic Planning North Texas Chapter, Arthritis Foundation, Dallas Heroes Project, and Great Girls Network. 

Neely is a 2000 magna cum laude graduate of Old Dominion University, Norfolk, Virginia, with a bachelor’s degree in accounting.