W291: Reserve Funds – 3 Major Considerations for Management & Board Members in 2022
Thursday, May 19, 2022
1:00 p.m. - 2:30 p.m. EASTERN TIME

In this course we will learn why it is important for organizational sustainability to establish and maintain reserves.  We will learn what methodologies are best to use to determine the size of reserves that are appropriate to your organization.  We will also learn about IPS and how it how it helps.

Learning Objectives
  • Learn why it is important for organizational sustainability to establish and maintain reserves.
  • Understand what methodologies can be used to determine the size of reserves appropriate to your organization.
  • Learn about IPS and how it helps.

Leslie D. Irby
Relationship Manager, Vice President, Rembert Pendleton Jackson
Leslie D. Irby, CFP®, AIF® earned a Bachelor of Arts degree in Mathematics with a minor in Computer Science from the University of Texas in Austin in 1972. He earned the Accredited Investment Fiduciary® (AIF®) professional designation from the Center for Fiduciary Studies in 2007. Mr. Irby received his CERTIFIED FINANCIAL PLANNER™ (CFP®) designation in 2010 from the Certified Financial Planner Board of Standards, Inc. Mr. Irby focuses on guiding the Directors and Officers of tax exempt organizations on their vital fiduciary responsibilities in the prudent management of their investable fund assets. He provides guidance on the rules that define the standard of conduct for governing boards regarding best investment practices. His experience includes the development of cash management and reserve fund policies, Investment Policy Statements, and other financial governance documents. He also conducts detailed analyses of an individual organization’s investment allocation, investment selection criteria, performance results, and benchmarking approaches. He advocates the application of Modern and Post-Modern Portfolio Theory investment processes in support of institutional investment goals.
Level Intermediate Delivery Group Internet-Based
CPE(NASBA Category) Information Technology Reviewer Wade Tetsuka, CPA
CAE (Field of Study) Administration CPE/CAE Credits 1.5
Prerequisites and advance preparation needed 1 years operations experience. No advance preparation required Cost $0.00
Refund and Complaint Resolution Policy:

U.S Transactions Corp. 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 submitted to the National Registry of CPE Sponsors through its website: