Expert Panel Projects
Not-for-profit entities are under constant pressure to devote an increasing portion of their expenditures to accomplishing their mission programs. This Journal of Accountancy article submitted by Joseph W. Cruitt, CPA, CGMA, on behalf of the AICPA Not-for-Profit Expert panel, reviews the appropriate considerations and allocation of joint costs to be in compliance with U.S. GAAP.
NFP Expert Panel member, Jennifer Brenner, in partnership with the entire NFP expert panel, produced and published an article in the August 2013 issue of the Journal of Accountancy which addresses some of the common difficulties in valuing contributions of gifts-in-kind. The article walks through the process of valuation and provides recommendations to assist in the establishment of a policy for acceptance and valuation of gifts-in-kind.
The Not-for-Profit Expert Panel has issued the following white papers that are of interest to those following not-for-profit issues:
Industry News and Resources
The AICPA Not-for-Profit Section hosts a monthly webcast series to keep you informed about the latest trends affecting NFPs. Led by industry experts, all webcasts are 2 hours and both CAE and CPE-eligible. Members of the AICPA Not-for-Profit Section receive complimentary webcasts in March, June, September and December (one each quarter as shown on the calendar below). Plus save 20% on other webcasts offered throughout the year.
Access the webcast calendar.
Past Meeting Highlights
Members of the Expert Panel
Jennifer (Jen) Hoffman (Chair), Grant Thornton
Joel N. Berry, International Association of Chiefs of Police
Jennifer (Jenn) Brenner, World Vision
Paul Chobanian, Plan International
Chris Dutch, PricewaterhouseCoopers LLP
Allison Harrell, Thomas Howell Ferguson P. A.
Lisa Hinkson, KPMG, LLP
Richard Lynch, Sikich, LLP
Karen Miessner, Singer Lewak
Eric Morse, Deloitte & Touche
Laura Roos, Moss Adams, LLP
Gordon Siess, Baker Tilly Virchow Krause, LLP
James Summer, Ernst & Young, LLP
Sibi Thomas, Marks Paneth LLP