Accounting and Audit Advisor Spring 2012

Latest Issue: Spring 2012

This issue focuses on the new disclosure requirements intended to clarify offsetting assets and liabilities for financial statement users.  Under the new guidance, users would have available improved information about financial and derivative instruments subject to “netting” in statements of financial position.

Other topics include:

  • Gauging the health of your organization with internal review
  • Understanding audit-speak


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We admire Amy for her expertise in auditing and accounting. She is always available for consultations, not only during the audit process but throughout the year.

Agnes Saenz, Executive Director and Jody Eccleston |  Finance Director
Community Ministries of Rockville