AICPA’s 2013 Not-for-Profit Audit Accounting …会计师协会2013年的非营利审核和会计u2026.pdfVIP

AICPA’s 2013 Not-for-Profit Audit Accounting Guide Provides Added Clarity Guidance 2013 Not-for -Profit Audit Accounting Guide Provides Added Clarity Guidance Table of Contents EXECUTIVE SUMMARY 3 BACKGROUND 3 OVERVIEW OF SIGNIFICANT CHANGES 4 FINANCIAL STATEMENTS, THE REPORTING ENTITY, GENERAL FINANCIAL REPORTING MATTERS 4 Functional Classification of Expenses4 Related-Party Transactions 5 Use of Fair Value Measures 5 CASH, CASH EQUIVALENTS INVESTMENTS 5 CONTRIBUTIONS RECEIVED AGENCY TRANSACTIONS 5 Recognition Measurement Principles for Noncash Contributions 6 Contributed Promotional Advertising Material 6 Below-Market Interest Rate Loans8 Administrative Costs of Restricted Contributions8 SPLIT-INTEREST AGREEMENTS BENEFICIAL INTERESTS IN TRUSTS 9 Beneficial Interests in Trusts 9 PROGRAMMATIC INVESTMENTS 9 Programmatic Loans 10 Programmatic Equity Interests 10 PROPERTY EQUIPMENT 10 DEBT OTHER LIABILITIES10 NET ASSETS RECLASSIFICATIONS OF NET ASSETS 11 Expiration of Restrictions 11 Gifts of Long-Lived Assets or Gifts for Purchase of Long-Lived Assets 11 Changing Net Asset Classification Reported in a Prior Year11 TAX REGULATORY CONSIDERATIONS 12 CONCLUSION 12 CONTRIBUTORS 12 2 2013 Not-for -Profit Audit Accounting Guide Provides Added Clarity Guidance Executive Summary Updated as of March 1, 2013, the American Institute of CPAs (AICPA) Not-for-Profit Entities Audit and Accounting Guide had its first revision since 1996. The new version continues to address the accounting and auditing issues unique to not-for-profit (NFP) entities and includes authoritative and nonauthoritative guidance. As the guide is interpret