Session Date:
Jun 22, 2017 - 10:45am–12:00pm
Session Tracks:
- Accounting & Auditing
Not all endowments are the same, and they often times create complexity and confusion within not-for-profit organizations. This session will review the basics of endowment accounting and financial reporting, provide an overview of UPMIFA, and share some suggestions for effective communication with Boards, development staff, and donors about endowments. This session will cover:
- Endowment accounting basics
- Financial reporting and disclosures
- Accounting rules for underwater endowments
- Differences between donor-restricted and Board-designated endowments
- Endowment pool accounting
Field of Study:
- Accounting
Session Type:
- Concurrent