Entries Tagged ‘financial statements’:
filed in Money on Aug.31, 2010
Not-for-profit organizations can hold significant investments. Funds may be invested to safeguard endowments, to set aside reserves, to provide earnings to the programs, etc. Not-for-profit organizations and their investment committees may decide to invest a portion of funds in alternative investments. Alternative investments are not the traditional stocks, bonds and cash. They are generally not [...]
Tags: alternative investments, bonds, cash, earnings, fair value, financial accounting standards board, financial statements, funds, hedge funds, investment committees, investments, managed futures, net asset value per share, net assets, Not-For-Profit (non-profit) Accounting, Not-For-Profit Accounting in Casa Grande, Not-For-Profit Accounting in Scottsdale, Not-For-Profit Accounting in Tempe, not-for-profit organizations, real estate funds, reserves, safegaurd endowments, SEC, stocks
filed in Not-For-Profit (non-profit) Accounting on Jul.13, 2010
It is a known fact that audit committees are an essential component in corporate governance. The public has been increasingly focused on oversight and governance issues since the Enron scandal. However these issues aren’t just for the “for-profit” industry. It is becoming more and more of an issue for the not-for-profit world. Since the re-vamp [...]
Tags: accounting policies, audit committee, audit process, auditors, Best Practices, Better Business Bureau, Board Member, Conflict of Interest, corporate governance, fiduciary responsibilities, finance committee, financial matters, financial statements, Form 990, Fraud, independence in communication, internal control, IRS, Not-For-Profit Accounting in Casa Grande, Not-For-Profit Accounting in Scottsdale, Not-For-Profit Accounting in Tempe, not-for-profit organization, oversight, Piper Charitable Trust, whistleblower policy
filed in Board Member on May.04, 2010
I wrote last week about my experience at the Nonprofit Business Summit, and I wanted to share more of the information I got out of what I considered to be a really fantastic conference.
One of the breakout sessions I attended was “Effective Board Development & Assessment,” which was right in line with my April Lunch [...]
Tags: activities, agreed-upon procedures, annual gift, Board Development, board meetings, Board Member, board member assessments, board member responsibilities, committee meetings, development of policies, duties, effective board development and assessment, financial reports, financial statements, fundraising activities, goals, mission, nonprofit organizations, Not-For-Profit Accounting in Casa Grande, Not-For-Profit Accounting in Scottsdale, Not-For-Profit Accounting in Tempe
filed in Taxes on Apr.20, 2010
If you work for a non-profit you may not have heard of the Accounting Standard relating to Uncertainty in Income Taxes. Or if you have heard of it, you may be thinking that it does not apply to you since non-profits do not pay taxes. If you fall into this line of thinking, then you [...]
Tags: Accounting Standard, financial statements, footnote disclosure, Form 990, income tax, mission, non-profit status, Non-Profit Taxes, Nonprofit Accounting, Not-For-Profit Accounting in Casa Grande, Not-For-Profit Accounting in Scottsdale, Not-For-Profit Accounting in Tempe, not-for-profit tax-exempt, purpose, Schedule D, tax lability, tax liability, tax position, Taxes, Uncertainty in Income Taxes, Unrelated Business Taxable Income