AI & Controllership, IMA Update, & Nonprofit Financial Management

• 5 :00 - 5:45 PM : Drinks, Dinner & Networking
• 5 :45 - 6:45 PM : "Exploring Nonprofit Financial Management for Management Accountants" presented by Bill Mancuso, CPA, Manager, YPTC(Your Part Time Controller)
• 6 :45 - 7:00 PM : Dessert & Networking Break
• 7 :00 - 8:00 PM: "AI & Controllership" & "IMA Strategy Update" presented by Mike DePrisco, IMA President & CEO
• 8:00 - 9:00 PM: Bonus Networking Hour

Evening's dinner menu provided by Fogo de Chao:

• Plated salad spring mix, tomatoes and a choice of Italian or Caesar dressing
• Family-Style Charcuterie - Picanha* (Prime part of the Top Sirloin), Lombo (Pork), Linguica (Spicy Pork Sausage) Frango (Chicken).
• Traditional Brazilian sides of warm pão de queijo (cheese bread), crispy polenta, mashed potatoes, and caramelized bananas
• Beverages: Fountain Beverages, coffee and tea
• Cash bar available
  

This session provides management accountants with an overview of financial management practices unique to the nonprofit sector. It covers key differences between nonprofit and for-profit accounting, essential financial oversight responsibilities, and effective practices for managing nonprofit finances. The session also highlights the unique aspects of nonprofit financial statements.

Learning Objectives:

• Summarize basic nonprofit accounting rules and key features of nonprofit financial statements.
• Describe essential financial oversight responsibilities of nonprofit board members.
• Explain effective practices to responsibly monitor nonprofit financial activities.

Meet Bill:

Bill is an organized, detailed oriented professional with nearly 35 years of experience in both for profit and nonprofit accounting. A graduate of The College of New Jersey (formerly Trenton State College), Bill has devoted his career to helping organizations not only with accounting and financial operations, but also additional supports such as management, marketing, and overall consulting on operations. He can communicate technical items in a manner that assists management and boards in making more well-informed decisions. Bill’s overall approach is to not overcomplicate things and to use his experience to allow those he serves to prosper. Bill has and continues to serve on numerous non-profit boards as well as volunteers in the community, using his skills and talents to help others.

AI is at the core of the future of controllership. IMA’s new research study with Deloitte highlights how the role of AI in controllership is expected to double over the next three to five years. According to the over 900 accounting and finance professionals surveyed, 16% of respondents are either currently using or adopting generative AI, and 44% plan to adopt it in the next five years.

As AI and emerging technologies reshape the profession, they’re not just enhancing efficiency but transforming the controller’s role into a strategic hub for decision-making and innovation. Join Mike as he shares key findings from the research and discusses how IMA is reimagining its strategy and offerings to support our members as they navigate the future of business.

Meet Mike:

Mike DePrisco is the President and CEO of IMA® (Institute of Management Accountants). DePrisco brings more than 30 years of leadership experience to his role and is excited to help IMA grow further as one of the most influential finance and accounting associations worldwide. IMA has a global network of about 140,000 members in 150 countries and 350 professional and student chapters.

Prior to joining IMA, DePrisco served as the COO of Project Management Institute (PMI), where he provided executive leadership to the operations of the global organization, supporting more than 2 million certification holders, 680,000 members, and 300 chapters from over 200 countries. DePrisco led a diverse global team with a focus on membership and community growth & retention, certification, digital products, and successful execution of major initiatives. He also served as interim President and CEO in 2021-2022.

DePrisco initially joined PMI in 2013 as vice president of academic and educational programs before expanding his scope and responsibility to vice president of global membership & chapters and vice president global solutions. He also served as COO of the Project Management Institute Educational Foundation (PMIEF) for seven years.

Before PMI, DePrisco spent 20 years in various leadership & executive roles in higher education in the U.S.

DePrisco earned his bachelor’s and master’s degrees from West Chester University of Pennsylvania and has earned additional certifications in international business and digital strategy.

Photography: By registering for this event, you agree and acknowledge that IMA® (Institute of Management Accountants) along with its partners, subcontractors, or affiliates plan to take photographs at the IMA Chapter/Council Event Name for reproduction in educational, news, or promotional material, whether in print, electronic, or other media including IMA and IMA’s affiliate partner websites. By participating in the IMA Chapter/Council Event Name, you grant IMA and any of its designated subcontractors, partners, or affiliates the right to your name and image (both photographs) for such purposes.

Liability Waiver: By registering for this event, you agree and acknowledge that you are undertaking participation in IMA® (Institute of Management Accountants) events and activities as your own free and intentional act, and you are fully aware that possible physical injury might occur to you as a result of your participation in these events. You give this acknowledgement freely and knowingly and that you are able to participate in IMA events, and you do hereby assume responsibility for your own well being.

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