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Financial Reporting Issues for Donor Gifts $149.00



Copyright: June 2011
Product ID#: 56768DADM
Online Access: 6 months from date of purchase

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Includes Downloadable Course Book
 
From Event: Financial Reporting Issues for Donor Gifts, held June 2011.

Program Description

Accountants and attorneys continue to wrestle with the legal, accounting, and financial-reporting issues surrounding gifts by donors to the endowment funds of not-for-profit organizations as well as the related management and expenditure by NPOs of those funds' earnings and gains. This program will review the fundamentals of donor gift reporting requirements and is a must attend for any attorney advising nonprofit organizations. Order today!


Course Content
  • Overview
    • Where We Were (1972) / Where We are Now (starting in 2006)
    • UMIFA vs. UPMIFA
    • Changes in How Charities are Investing Gifts - Modernization of Investment Portfolios (Hedging, Alternative Investments, Etc.)
    • Various States Adopt Their Own Laws Pertaining to Endowments
  • Accounting Concerns
    • Recap of FAS 117
    • Recap of the Process to Arrive at the Issuance of FSP FAS 117-1 (Now Known as ASC 958-205)
    • How Does ASC 958-205 Impact us Today
  • Three Main Issues
    • What is Now Defined as "Permanently Restricted"?
    • What Should be Reclassified From "Unrestricted" to "Temporarily Restricted"?
    • Define "Prudence"
  • How Does the Accounting for These Gifts Work
    • Different Donors With Different Treatment?
    • GAAP is Supposed to Bring Uniformity and Yet Each State Has Different Rules
    • Appropriation
  • Examples
    • Sample Disclosures in Financials
    • Items That Board's Should be Capturing in the Minutes

Continuing Education Credits:   

Continuing Legal Education

Credit Hrs    State    Credit Approval Expiration

CLE 1.50AK06/28/2013
CLE 1.50AZ06/28/2013
CLE 1.50CA06/28/2013
CLE 2.00CO06/28/2013
CLE 1.50CT06/28/2013
CLE 1.50DE06/28/2012
CLE 2.00FL12/28/2012
CLE 1.50GA06/28/2012
CLE 1.50HI06/28/2013
CLE 1.50ID06/28/2013
CLE 1.50IL06/27/2013
CLE 1.50ME06/28/2013
CLE 1.80MO06/28/2013
CLE 1.50MP06/28/2013
CLE 1.50MT06/28/2013
CLE 1.50NC12/31/2012
CLE 1.50ND06/28/2013
CLE 1.50NE06/28/2012
CLE 1.50NH06/28/2013
CLE 1.80NJ06/28/2013
CLE 1.50NV06/28/2013
CLE 2.00OK06/28/2013
CLE 1.50PA06/28/2012
CLE 1.50RI06/28/2013
CLE 1.50TN06/27/2012
CLE 1.50TX05/31/2012
CLE 1.80VI06/28/2013
CLE 1.50VT06/28/2013
CLE 1.50WI12/31/2012
CLE 1.80WV06/28/2013
CLE 1.50WY06/28/2014

* denotes specialty credits

Additional Format Options


Web: Order Now
Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702

Related Topics
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