SAN JUAN – The College of Authorized Public Accountants (CCPA), will hold in the month of May, the Annual Forum of Non-Profit Entities and the XVIII Annual Forum of Financial Institutions, all through the digital platform Zoom.
First, next Wednesday, May 12, the CCPA will hold the Annual Community-Based Non-Profit Entities Forum from 9:00 am to 3:00 pm.
“One of the high priority factors for non-profit entities to be able to fulfill their mission is to obtain the necessary resources to operate. Along with obtaining funds, regulations and controls are defined to ensure transparency and proper management of these, as well as compliance with the rules and provisions established by the entity that provides them, ”explained CPA Rosa M. Rodríguez Ramos, president of the CCPA
This forum will revolve around three main themes: sources of funds, strategies to obtain them and compliance. In addition, digital strategies for fundraising in times of pandemic will be discussed and the resident commissioner in Washington, Jenniffer González Colón, will talk about the federal funds available in Puerto Rico for non-profit entities.
On the other hand, on May 20 and 21, the XVIII Annual Financial Institutions Forum will be held from 9:00 am to 2:00 pm and 9:00 am to 1:00 pm, respectively.
The CPA Rodríguez Ramos indicated that “innovation and updating are permanent characteristics of the banking industry. In this important forum, we will have the participation of the Commissioner for Financial Institutions, Lcda. Natalia I. Zequeira Díaz, who has a very interesting work schedule with a focus on compliance ”.
Other topics that will be discussed at the event will be the banking industry in the current economic environment of Puerto Rico; experiences and lessons learned in the implementation of the standard on expected credit losses (CECL) issued by the Financial Accounting Standards Board (FASB, for its acronym in English); and recent developments in accounting and auditing and their effects on financial institutions, among others.
For additional information, interested parties can access the website through www.colegiocpa.com or the CCPA social networks.