36. Not-for-Profit Financial Sustainability

Track: 
Accounting & Auditing
Field of Study: 
Accounting
CPE Credit: 
1.5
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Tuesday, June 19, 2018
 
1:00PM-2:15PM

This session will cover the identification of warning signs that could suggest a threat to the financial sustainability of an NFP. It will focus on early identification of these signs and how to avoid surprises in this area. It will talk about how to have these discussions with an organizations board, management and auditors. It will touch upon these issues in conjunction with the recently effective accounting guidance on going concern as well as liquidity.

Learning Objectives:

  • Identify signs of financial instability Identify accounting requirements in difficult situations


SESSION SPEAKER(S)

CPA
Vice President for Finance, University of St. Thomas
CPA
Partner, Crowe Horwath LLP