Saturday, April 30, 2016

FASB's Fickled Finger of Change Roundtable - Topic for May 24, 2016

Never fully satisfied, FASB, the Financial Accounting Standards Board, is working diligently to implement significant changes that will affect all non profits.
From mandating that all leases be accounted for as capital lease expenditures to re-designing the financial statements to better reflect cash flow, there will be much to discuss at the meeting Tuesday, May 24, 2016. The meeting will be a roundtable discussion of the changes FASB plans to roll out in the near future. From that discussion, a central topic will emerge to be addressed by an expert speaker in June.

Wednesday, April 6, 2016

Assessing your nfp's Risks - Topic for April 26, 2016

Nothing adversely affects the health non-profits more than bad publicity. Whether it's caused by employee theft, poor management, data breaches, an IRS or grant audit, or a multitude of other reasons, every non-profit wants to avoid bad publicity at all costs.

One way to do so is to conduct an Enterprise Risk Assessment. If you've not done this, or even if you have but want to learn about how others conduct the exercise, then make plans to join us Tuesday, April 26, 2016 when Gina Cochran of Kerber, Eck & Braeckel will walk through assessing risks of financial internal controls and how that process can be expanded to include other areas of your nfp.