Understanding Mergers and Acquisitions for Non Profits (FAS 164) LIVE Webcast (Non Profits (FAS 164)
Venue: -
Location: -
Event Date/Time: Nov 05, 2009 | End Date/Time: Nov 05, 2009 |
Registration Date: Nov 05, 2009 | |
Early Registration Date: Nov 02, 2009 |
Description
The Statement provides guidance on “how a not-for-profit entity:
- Determining when a combination is a merger or an acquisition
- Applying the carryover method in accounting for a merger
- Applying the acquisition method in accounting for an acquisition, including identifying the acquirer
between or among the combining entities
- Determining the information to disclose to allow users of financial statements to evaluate the nature
and financial effects of a combinationâ€
Statement 164 takes effect for mergers whose initial reporting period is on or after Dec 15, 2009 and for acquisitions whose 1st annual reporting period begins on or after December 15, 2009 and early applications are not permitted. The only way to make clear accounting disclosures is to ensure that your financial statements conform to these new standards. A panel of distinguished experts and key regulators will help nonprofits understand FASB Statement No. 164 in this LIVE Webcast produced by The Knowledge Group will teach you how to account for mergers and acquisitions as well as guide you through the necessary disclosures.