Balancing Brevity, Understandability and Completeness of Financial Statements in a World of Complex Reporting

This session will provide a working knowledge of commonly missed disclosures, reducing/consolidating disclosures based on recent duplicative standards and helping preparers better assess the logic of their financial statements.  We will explore how to best use the operating/non-operating liberties permitted in nonprofit statements, including such items at matching the logic of presentation of operating and non-operating relative to net assets released from restrictions. We will also provide a reminder on opportunities to combine, eliminate or otherwise compress disclosures relative to immaterial items.