Not-for-Profit Industry Conference 2018


NOT1804 - Accounting for Endowments and Annuity and Life Income Gifts


Jun 18, 2018 2:00pm ‐ Jun 18, 2018 3:15pm

Standard: $49.00

Description

Not all endowments are the same, and they often times create complexity and confusion within not-for-profit organizations and lead to potential financial reporting misstatements. This session will provide an overview on accounting for endowments, and explore advanced topics related endowment accounting and financial reporting with specific gift examples, practical guidance on donor relations, and a case study on investment pool accounting. This session will also provide an overview of accounting and financial reporting for annuity and life income gifts along with specific accounting examples, including:
- Endowment accounting basics refresher
- Changes to endowment accounting related to ASU 2016-14
- A variety of gift examples, including an investment pool case study
- Practical guidance on donor relations
- Overview of annuity and life income accounting

  • To clarify the key roles and responsibilities of NFP boards as an integral part of an organizaton's governance structure. To define what makes boards successful.
  • Learn common errors in accounting and reporting endowments and take away ideas on what to watch out for to avoid making these mistakes

Speaker(s):

  • John R. Kroll, CPA, Associate Vice President for Finance and Administration, University of Chicago
  • Jennifer Richards, CPA, Senior Manager, Crowe Horwath LLP
Tags: AA

You must be logged in and own this session in order to post comments.

Print Certificate
Review Answers
Print Transcript
Completed on: token-completed_on
Review Answers
Please select the appropriate credit type:
/
test_id: 
credits: 
completed on: 
rendered in: 
* - Indicates answer is required.
token-content
token-speaker-name image
token-speaker-name
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
/
/
token-index
token-content