As More Not-for-Profits Acquire and Merge, Accounting Guidance Needed

ARLINGTON, Va., April 28, 2009 — Challenged with rising demand, rising costs, and declining revenue, many not-for-profits are now consolidating with other not-for-profits in an attempt to survive and emerge as stronger, more cost-effective organizations. BNA's latest analysis, Accounting for Combinations of Not-for-Profit Organizations examines mergers and acquisitions between not-for-profit organizations and explains, in detail, two methods of accounting for these strategic changes.