- Documenting Board Approval for Payroll Contracts
- Travel Reimbursements – Tips for Uncommon Scenarios
- Why Segregation of Duties Matters in an IT Environment
- Don’t Hold Your Breath: Why Water and Wastewater Rates in Arizona Aren’t Falling Anytime Soon
- Do Your Due Diligence!
- What Happens When Cash Isn’t Reconciled
- Adjacent Ways Projects: Capitalize or Expense?
- Excel Made Easy – VLOOKUP and XLOOKUP
- Physical Inventory Considerations
- I Submitted a December Budget Revision, Now What?
Tag Archives: financial statements
Compensated Absences – Top 5 Things to Know
Presentation by Joshua Jumper, CPA, Audit Manager:
Posted in Videos
Tagged accounting, financial statements, GASB, government, school district
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Net Asset Requirement Changes for Non-Profits
Posted November 8, 2017 Presentation by Kara Jungbluth, CPA, Audit Manager
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Tagged accounting, Arizona, assets, FASB, financial statements, nonprofit, NPO
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Revenue Recognition for Pledges
Pledges can be the lifeblood of a non-profit, and while your development department may be eager to record every promise they receive, there are several items the accounting department must consider. To be eligible for revenue recognition, the pledge needs … read more
Posted in Articles
Tagged accounting, donations, financial statements, nonprofit, NPO, pledge, revenue
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Coming Soon! Change to Not-for-Profit Expense Reporting (Part 2)
As discussed in Part 1 of this blog series, one of the new requirements under Accounting Standards Update 2016-14, Presentation of Financial Statements of Not-for-Profit Entities, is enhanced disclosures over the methods used to allocate costs among program and support functions.Allocation … read more
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Tagged Arizona, classification, expenses, FASB, financial statements, functional expenses, nonprofit, NPO, support services
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Coming Soon! Changes to Not-for-Profit Expense Reporting (Part 1)
For the first time in 20 years, FASB has made some major updates to the not-for-profit financial reporting and disclosure model. Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities was created to improve … read more
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Tagged Arizona, classification, expenses, FASB, financial statements, nonprofit, NPO
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Donations – A Quick Guide on How to Record Donated Items
Presentation by Kristen M. Conway, CPA Posted June 21, 2017
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Tagged accounting, auction, donations, financial statements, nonprofit, NPO, raffle
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The Ins and Outs of Government Fund Financial Statements
This article originally appeared in the May 2017 School Business Affairs magazine and is reprinted with permission of the Association of School Business Officials International (ASBO). The text herein does not necessarily represent the views or policies of ASBO International, and use … read more
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Tagged accounting, ASBO, board, financial statements, management, modified-accrual, school district
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