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Free cpe webinars
Functional Allocations and Joint Activities for Non-Profits: A Deep Dive


Cost Free
Presentation Length 1.5 hours

Recorded DateFebruary 23, 2024
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

It is crucial to stay on top of non-profit financial reporting requirements when advising non-profit clients. This webinar is a detailed analysis of these concepts and more. This webinar will equip attendees with the latest non-profit financial reporting standards, updates on correcting compliance issues, and best practices to ensure accurate reporting and advising for non-profit clients.

Attendees will learn practical techniques to guarantee proper allocation of functional expenses across programs, administrations, fundraising, and other categories. This webinar will review the current disclosure rules and regulations related to the reporting of general, administrative, and fundraising expenses. Attendees will also gain insight into joint activities for non-profits. Don't miss this invaluable opportunity to refresh and expand your non-profit financial reporting knowledge.

Learning Objectives:

  • Classify expense presentation requirements by nature and function

  • Recognize joint costs and activity

  • Identify watchdog agency evaluation criteria

  • Evaluate functional expense allocation methodologies and compliance considerations

  • Differentiate between GAAP and tax rules for non-profit reporting

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Pete Finley

Nonprofit Advisory Services Director
(480) 610-1048


As a member of the Nonprofit Practice, Peter brings more than 25 years of nonprofit experience to our clients. His proven expertise includes financial reporting, budgeting, operational efficiency, staff and board development, internal controls, fundraising, and strategic planning. Peter also uses his interpersonal skills for facilitating trainings and team building opportunities to achieve peak performance and engagement of staff and volunteers.

In the more than 25 years of nonprofit experience, he has engaged with numerous nonprofits including Association for Child Development, Childhelp, Boys & Girls Clubs of America, Junior Achievement USA®, Juvenile Diabetes Research Foundation, Make-A-Wish Foundation of America, Phoenix Children’s Hospital, and YMCA of the USA.

Peter is a member of the American Institute of CPAs and Arizona Society of CPAs. He also holds a Certified Fund Raising Executive (CFRE) designation, which is the only internationally recognized professional credential for philanthropic fundraising executives.

He is a graduate of Grand Valley State University, Allendale, Michigan, with a degree in business administration, an M.B.A. degree, and an M.S.T. degree.


Neely Duncan, CPA, CFE

Partner / National Nonprofit Advisory Services Leader
(972) 702-8262


A member of FORVIS National Nonprofit Advisory Services Practice and Center of Excellence. Neely has more than 20 years of audit and advisory experience in public accounting. Her expertise includes financial statement audits, Single Audits, grants management, assessments and compliance, outsourced accounting functions, standards implementation, internal audit procedures, strategic planning, and tax-exempt matters for a wide range of nonprofit entities. Neely also performs forensic work related to various cases for technical matters for nonprofits.

In addition to handling the accounting, consulting, 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, where she serves as a board member 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, Finance Chair, 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.

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About Our Presenter


FORVIS, LLP is a professional services firm providing assurance, tax, and advisory services. Created by the merger of equals of BKD, LLP and Dixon Hughes Goodman LLP (DHG), FORVIS is driven by the commitment to use our forward vision to deliver Unmatched Client Experiences™. Ranked among the top 10 public accounting firms in the country, FORVIS has 5,500 dedicated professionals who serve clients in all 50 states as well as across the globe. FORVIS is built upon the strong legacies of BKD and DHG, which are reflected in a name that comprises partner initials and represents our unique focus on preparing our clients for what is next. Visit for additional information.