2016 nboaANNUAL

MEETING

Accounting & Finance

TrackSession Previews

Doing Well WhileDoing Good:ResponsibleInvesting &

Your Endowment

Incorporating environment, social or

governance factors into your endowment

can be a complicated and difficult topic.

Review key questions that should be

considered, from governance and policy to

practical issues of implementation. Hear

the results of the recent Commonfund

Study of Responsible Investing.

Monday, February 22, 2016 at 1

:30pm

Dollars& Sense:

Financing aProject withA CapitalCampaign

Examine a framework to

simultaneously plan a fund-raising

campaign for a project along with a

debt financing strategy to pay for a

portion of the cost. There are various

tax, accounting and debt financing

considerations that apply to such a

planning effort. Explore various

creative techniques that can help

secure an optimal outcome. Learn the

do's & don'ts of fund raising for a

project, some of which may require a

combination of interim and

permanent financing. Review recent

case studies of independent schools

that illustrate the benefits of good

advance planning.

Tuesday, February 23, 2016

at 8:45 am

How Many People Are Needed for Good Internal Controls? Examine key processes and discuss internal control activities and segregation of duties for several variations of office positions. With the aid of flow charts and real-life examples, discover how to properly design effective internal controls.Tuesday, February 23, 2016at 10:30am

Nonprofit Financial Reporting:

A Whole New Model

It has been 20 years since Statement of Financial Accounting Standards Nos. 116 and 117 dramatically changed the look and feel of financial statements for

not-for-profit organizations. FASB is on the eve of rolling out substantial changes to the existing model with the intent to improve the understandability and

meaningfulness of these financial statements. Become familiar with the proposed changes and

anticipate modifications that will need to be made in your school's internal controls and financial

reporting. Learn how to educate stakeholders on the impact that the changes may cause (e.g., debt

covenants).

Monday, February 22, 2016 at 3:15pm

Tax Issues for Independent Schools Although most independent schools are classified as tax-exempt, there are still taxes to pay and forms to file. Get an overview of the tax mine field common to independent schools, including the IRS Form 990, the unrelated business income tax (UBIT), sales tax and unemployment taxes. Wednesday, February 24, 2016at 8:45am