Accounting and Reporting Changes Affecting nfp's Part I - Topic for April 28, 2009

Ever get confused when you hear finance pros discuss terms like "mark to market" and "underwater investments?" If you answered yes, then please join us at our next meeting, Tuesday, April 28 when Janet Ramey of Brown Smith & Wallace will take us through all the latest investment accounting and reporting changes brought on by the weakened economy.

This is the first of a two-part program on accounting and reporting changes affecting nfp's. Part I will focus on asset valuations with particular emphasis on the following:

• Investment valuation
• Endowment accounting
• Meaningful financial reporting in an uncertain financial environment - based on recommendations from the nfpFMA 3/24/09 meeting

Part II will emphasize the event accounting and overhead expense allocations.

So celebrate the end of tax season and the successful filing of your nfp's 990 by attending the meeting April 28!