Loscalzo's Not-for-Profit Industry Update and Major Accounting and Disclosure Issues

Highlights

Not-for-profit industry updates 2013…  Major accounting and disclosure issues specific to not-for-profit organizations as noted above - cash and cash equivalents, contributions received and made, contributed services, noncash contributions including gifts in kind, split interest agreements, agency transactions, investments, special considerations for endowments, guarantees,  fund raising costs, consolidations, functional expenses, functional classifications…  Fair value...  Mergers and acquisitions…  Net assets…  Statement of cash flows.

Objectives

Participants will be able to apply the issues faced by not-for-profits in today's environment which will help them assess risk; recognize and deal with major accounting and disclosure issues impacting their clients or organizations; prepare complete and accurate financial disclosures; enhance transparency in financial reporting.