Course Description:
Accounting for fundraising events is chalk full of nuances affecting both audit and tax preparation. During our time together we will share some best practices, recognize common reporting miss-steps to avoid, highlight reporting differences between financial accounting and the Form 990 related to fundraising event revenue and expenditures and help you in gaining an understanding of what is and isn’t reported as fundraising events.

Learning Objectives:

• Explore best practices related to accounting for fundraising events - helping to make your audit and tax preparation flow more smoothly.
• Identify common reporting miss-steps which impact donors and the organization and how to plan for and avoid them early.
• Discuss what is and isn’t reported as fundraising events.
• Analyze the reporting differences between financial accounting and the Form 990 related to fundraising event revenue and expenditures.

Presenters:
Beth Farley, CPA, CGMA, Partner | Eide Bailly
Beth is an experienced accountant who specializes in nonprofits, churches, governments, contractors, and small businesses. She works with her clients to make sure they understand their financials and develop tools that strengthen their business or organization. Beth prides herself in making sure clients receive professional service and valuable information.

Karen L. Peck, CPA.CITP/CGMA, Senior Manager, Nonprofit – Business Outsourcing & Strategy | Tax | Eide Bailly
Karen has been working directly with nonprofit organizations, operating and non-operating private foundations, and the high net worth families who manage the private foundations for more than 15 years. She brings a wide range of industry experience to client relationships and engagements along with an open and creative mind to find more efficient solutions when challenges arise.