Topic: Remodeling Your Financials - how the new non-profit GAAP will affect YOU!
Presenter: Joan M. Renner, CPA, CGMA, Director, Renner and Company
Please join us on Thursday, January 18, 2018 to discuss a very important non-profit topic that will be of interest to all.
Remodeling Your Financials - how new non-profit GAAP will affect YOU!
Did you know the non-profit accounting standards are changing? Have you given thought to how changes in accounting standards may affect your non-profit or non-profit client?
Non-profit accounting standards are changing - and so will your financial statements. The new standard for non-profit financial statement reporting will require you to disclose a lot more about your financial assets and cash management. It's also changing the structure of restricted funds, and more.
What you'll learn:
In this session, we will review the basic provisions of FASB Accounting Standards Update 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities along with examples, and a practical approach for implementing the new standard.
Who will benefit?
The session will benefit CFO's and Executive Directors who present regularly to their Finance Committee and board, financial heads of staff at non-profits as well as auditors who make financial presentations to their non-profit clients.
08:00 AM - 09:30 AM
National Hospice & Palliative Care Organization 1731 King Street, Suite 100 Alexandria, VA 22314
There are free public parking spaces about two blocks away at The Durant Center and at Jefferson Houston School.
We suggest using Peyton Street to get to Cameron (Cameron is a one way street, so you can’t drive through the arch and make a right on Cameron, only a left). Come up Cameron and park at the Durant Center and then walk up to NHPCO through the back side of the arch/driveway.
There are free public parking spaces between the Durant Center and the public swimming pool and also behind Jefferson Houston Elementary School at 1501 Cameron Street.
Take either the Yellow Line or Blue Line to the King Street Metro Station.
Please feel free to contact Brian Wendroff, Non Profit Committee Chair for any questions, comments, or concerns.
Joan Renner, 501(c) (fit!), Director, is passionate about empowering non-profits; making non-profit financial information accessible to management and Boards to promote good governance. Having worked with non-profits for more than 35 years, Joan is familiar with the challenges non-profits face every day.
Through 501(c)(fit!), Joan brings financial leadership training to emerging nonprofit professionals.
As a Renner and Company Shareholder, Joan provides audit, accounting, and consulting services to non-profits. She has helped develop creative accounting solutions that make the best use of the organization’s resources. She has supported sound management and good governance through audit services. Joan has been a leader in bringing financial information to the non-profit community with a practical approach and has been a popular presenter at professional conferences including the:
Washington Nonprofit Legal and Tax Conference,
Virginia Accounting and Auditing Conference,
ASAE FHRBOC Conference,
Greater Washington Society of CPAs Not for Profit Symposium, and the
North Carolina Association of CPAs Nonprofit Conference.
Joan enjoys working with non-profit Boards and management to help tackle challenges with guidance and support. Joan has led a number of non-profit Boards as Chair, making a difference in the arts, education and business and community organizations.
She is a Certified Public Accountant, a Certified Global Management Accountant and a Shareholder with Renner and Company, CPA, P.C. in Alexandria, Virginia. Joan is a graduate of the McIntire School of Commerce at the University of Virginia, Charlottesville, Virginia.
When she’s not busy empowering non-profits, she enjoys travel and spending time with family.
click on the date(s) to add to your calendar: 01-18-18