Welcome to the Online Continuing Professional Education for Certified Public Accountants
offered through Santa Clara University, in conjunction with the Accounting CPE Network.

What's the ACPEN Difference?

The ACPEN Difference

The Accounting Continuing Professional Education Network (ACPEN) is a joint project of state CPA Societies and other affilliated organizations who have a common goal: improving the quality and accessibility of distance learning opportunities available to their members.

Others' Technology

Webinar technology has, for some time, been a common offering of many participating ACPEN associations. Combining powerpoint slides delivered via the internet with audio of the instructor, either by telephone or internet, the webinar format allows for the delivery of educational content in a convenient, but visually limited fashion.

ACPEN's Technology

The ACPEN network is founded on the use of streaming video content over the internet that provides the participant with live, full motion video of the presenter, high quality audio, along with coordinated powerpoint slides. The ACPEN platform, provided by Business Professionals' Network and its technology partner, BizVision, also allows the end user to fully participate in the webcast by downloading written materials, emailing questions to presenters in real time, making notes in the viewer "notes" area, and emailing those notes to themselves for later use.

ACPEN's Production Values

ACPEN programming features enhanced production values and formats appropriate to the video medium. Presenters interact with each other as well as you, the ACPEN participant. This delivers an educational experience that is engaging, interesting, as well as professionally rewarding.

It is this unique combination of valuable information delivered using interactive live, video and audio internet technology that define The ACPEN Difference.



The Accounting Continuing Professional Education Network (ACPEN) CPE network, sponsored by State CPA Societies in many states, is dedicated to bringing, highly relevant, interactive, world-class CPE to every CPA in the most convenient and economical ways possible. Founded by four state societies in 1997, ACPEN is now a consortium of nearly 40 state societies.

Since 1998, ACPEN has been owned and managed by Business Professionals' Network, a firm that is responsible for the development of CPE content, management of the network, and that ensures that the satellite and internet technology is and stays at the cutting edge, for the benefit of state societies and their member CPAs. More information about ACPEN course offerings can be found below.

Since 1997, ACPEN programs have covered all of the most important subjects for accounting, tax and financial professionals. This year, you can join the thousands of CPAs across the country who have a reserved seat to one of the most fascinating ways to earn CPE credits available anywhere! In addition to CPE content developed by BPN, increasingly, state societies are taking advantage of webcast technology, adding their content and speakers to the ACPEN offerings.

More information about ACPEN CPE products and technology, can be found in the ACPEN Products section.


ACPEN Signature Series: 2012 Not-for-Profit Accounting, Auditing and Tax Update

Length: 8 Hours

Our panel of experts give you what you need to know about the latest and most important developments affecting non-profit organizations in accounting, auditing and tax issues unique to these important entities. In addition, they will provide an update on the current trends and pitfalls in the non-profit industry. Our panelists, combining the perspectives of non-profit practitioners as well as representatives of the FASB and the U.S. IRS, will arm you with the latest regulatory information on GAAP and Tax compliance. There will be a special review of the lessons learned from several years of experience with IRS Form 990. Also, in the tax arena you will receive an update on Unrelated Business Income Tax (UBIT) and accounting for contributions, with its tax and accounting implications. Panelists will also address all recent AICPA audit and accounting guidance affecting Not-for-Profits and the work of the Accountability Task Force.  

This year’s course will focus on the following Major topics:

Current Trends and Issues in the Non-Profit Industry.

Accounting for Contributions

FASB Update, including:
FASB’s Activities for Nonprofit Entities
This session will focus on current projects and activities directed at improving financial reporting by nonprofit entities.  They include:
* FASB’s standard setting project to refresh the financial statement presentation model.
* FASB’s research project considering other financial communications used by nonprofit entities.
* Current issues and discussions with FASB’s Not-for-Profit Advisory Committee.
* Other non-profit issues being addressed by FASB’s Emerging Issues Task Force.
AICPA and Auditing Standards Board Update
Current Non-Profit Auditing Update
Yellow Book Update

Form 990: Non-Profit Tax Update
            Form 990: What have we learned since 2008?
            Significant Changes  to Form 990:
                Schedule F: Foreign Activities
                Schedule H: Hospitals
                Schedule K: Tax Exempt Bonds
            IRS Notice 2012-19
            IRS Focus Areas:
                Schedule J: Executive Compensation
                Compensation and Fringe Benefits
                Accountable Plans
Unrelated Business Tax Issues and Update

This video is part of 2012 Signature Series Bundle
This video is part of ACPEN Signature Complete Series
This video is part of A&A Deluxe
This video is part of Industry Bundle
This video is part of Yellow Book Bundle
This video is part of One Stop Shop Bundle

CPE Credits: 8

Field of Study 1: Yellow Book (4.5 hours)

Field of Study 2: Taxes (3.5 hours)

Field of Study 3: Accounting (2.5 hours)

Field of Study 4: Auditing (2 hours)

Program Level (Basic, Update, Intermediate, Advanced, Overview): Update

Prerequisites: None

Advanced Preparation: None

Instructional Delivery Method: Group Internet Based

Course Registration Requirements: Online Registration

Designed For: Industry & Public Practice

Course Developer: Business Professionals' Network, Inc.

Refund/Cancellation Policy: Please contact the ACPEN help desk - 1-800-747-1719 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.

Complaint Resolution Policy: Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).

Official Registry Statement: Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org

Produced By:



  • C. Clinton Davis, CPA, JD
    • C. Clinton Davis, CPA, JD, is a partner in the Dallas, Texas law firm of Krage & Janvey, LLP.  He is a frequent presenter at continuing education programs for both accountants and lawyers, including not-for-profit organizations, partnership and real estate planning. He is the author of Texas Society of Certified Public Accountants (TSCPA) courses, Fundamentals of LLC and Partnership Taxation, and Tax Planning for Real Estate and Small Business.  Clint is Board Certified in Tax Law by the Texas Board of Legal Specialization. He represents numerous pass-through and charitable entities. Clint has served as program chair or presenter on several ACPEN programs in the areas of tax, not-for profit and business entities.

  • Ronald J. Bossio, CPA
    • Ron Bossio, CPA, is a Senior Project Manager on the technical staff of the FASB.† He currently serves as a member of FASBís nonpublic entity team and works closely with and supports the activities of the Not-for Profit Advisory Committee. During his nearly 30 years with FASB, Ron has led and consulted on many the Boardís projects, including those addressing accounting and financial reporting matters for not-for-profit organizations.† Previously, Ron was a Senior Manager with KPMG where he served a diverse group of nonprofit organizations.†
  • Lee Klumpp, CPA
  • J. Michael Inzina, CPA, CGFM
    • J. Michael Inzina, CPA, CGFM is president and CEO of Audit Litigation Training and Efficiency Consulting, Inc. (ALTEC), a consulting company serving the accounting and auditing community in audit efficiency, training, ethics and litigation support. He has over thirty years in public practice and is also a partner with the firm of Stagni & Company, LLC, concentrated in governments and nonprofit organizations. Mike holds a BBA in accounting from the University of Louisiana (Monroe), where he graduated summa cum laude in May 1976. He is a member of the American Institute of CPAs, the Society of Louisiana CPAs, the Association of Government Accountants and the GFOA, and earned the CEA in governmental in 1990. He was awarded the Certified Government Financial Manager (CGFM) designation in 1996. Mike is a past chapter president and member of the Society of Louisiana CPAs Board of Directors and served two terms as chairman of the Governmental Positive Enforcement Program of the Louisiana State Board of CPAs. He has served on numerous committees of the Society of Louisiana CPAs, and presently is a member of its Ethics and Litigation Support committees. Mike has twice served as a member of the AICPA Professional Ethics Executive Committee (1986-1989, and 2000-2003), and served as a member of the AICPA Auditing Standards Board from 1997 to 2000. From 1986 to 1993, he served as a member of AICPA Independence and Behavioral Standards Subcommittee, and was Subgroup Chairman of the Governmental Technical Standards Committee. During this time he conducted numerous investigations of complaints filed by federal, state and local agencies alleging substandard performance of audits of governmental and nonprofit entities, and represented the Professional Ethics Division at hearings of the Joint Regional Trial Board. He contributed to the GASB Statement 34 Implementation Guide, AICPA Statement of Position 98-3, the industry audit and accounting guide Audits of State and Local Governmental Units, the AICPA Practice Aid to SAS 99 (fraud) and assisted in revisions to the Louisiana Governmental Audit Guide and in drafting state legislation affecting governmental accounting and auditing requirements. He has served as technical consultant and instructor for the Louisiana Division of Administration (Office of Community Development), and as consultant to the Louisiana Department of Education. Mike frequently appears as moderator and panelist on the Accountants CPE Network. He has been named twelve times as an Outstanding Discussion Leader by the American Institute of CPAs and the Louisiana, South Carolina and West Virginia state societies. He received a Special Recognition Award from the Society of Louisiana CPAs Board of Directors for his contributions to continuing education in 1994, and was awarded the 2001 National Education and Training Award from the Association of Government Accountants. In 2009, Mike was named as a Business Information Professional of the Year by Beta Alpha Psi.
  • Rob Lyons, CPA
    • Rob Lyons, CPA, is the Managing Tax Director in the Nonprofit and Government Services Group at Marks Paneth & Shron LLP. Mr. Lyons brings to this role the skills he has developed during more than 30 years of providing tax and consulting services to his clients in the nonprofit, higher education, and public sector industries. His experience includes handling substantial exempt organization tax issues. Mr. Lyons has testified in front of the House and Ways Committee in Washington, D.C. establishing the current treatment of affinity royalty arrangements. He has also been involved in special projects related to unrelated business income for exempt organizations, including but not limited to state filing issues, including settlements, foreign filing requirements for off-shore activities and use of exempt bond proceeds. Mr. Lyons has advised clients on the use of for profit subsidiaries as well as disregarded entities. He has led numerous training seminars for the American Institute of Certified Public Accountants and served as an adjunct professor in the Kogod School of Business Graduate Department at American University in Washington, DC. He has also authored six books and forty articles to date concerning exempt organization issues. Prior to joining Marks Paneth & Shron, Mr. Lyons was the Tax Managing Director with KPMG LLP, where he focused on tax and compliance issues for many of their largest clients, including public charities, private foundations, colleges and universities, social services and membership organizations, and cultural institutions. In addition to his professional activities, he is a dedicated volunteer who regularly donates his time to charitable organizations. He has worked extensively with Catholic Charities in various capacities as well as working with the Archdiocese of Washington, DC and the Archdiocese of New York. He has served on numerous nonprofit Boards of Trustees in a variety of capacities, including the National Council for Adoption. Mr. Lyons holds a BSBA in Accounting from the University of Florida and a Masters of Science in Taxation from American University. He is based in New York City at Marks Paneth & Shron’s midtown headquarters.

Course Materials

  • ACPEN_Signature-Not-For-Profit_AA_Tax_Update-Manual
  • Important CPE Credit Information_2012
  • BroadcastOutline-2012-Final
  • Broadcast Outline -2012 - Post

* Please be advised that this is not a
Santa Clara University website, but is a website developed and hosted by ACPEN, in conjunction with Santa Clara University.