How to Value Donated Tangible Property
It is important for nonprofits to determine the fair market value of donated items for financial reporting purposes.
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Bob has considerable expertise in auditing and accounting of exempt organizations, specifically educational institutions, curatorial organizations, and other nonprofit organizations, as well as employee benefit plans, auto dealerships, and other commercial entities, where he manages and oversees the fieldwork of these services. Additionally, he has significant experience in grant compliance, audits in accordance with Government Auditing Standards and the Uniform Guidance, financial reporting, and taxation of exempt organizations. Bob is a member of the Firm’s Accounting and Auditing Technical Committee and is the chairperson of the Financial Accounting Standards Board Subcommittee.
EDUCATION
St. Bonaventure University, Master of Business Administration, Accounting
St. Bonaventure University, Bachelor of Business Administration, Accounting
PROFESSIONAL
American Institute of Certified Public Accountant
New York State Society of Certified Public Accountants
- NYSSCPA Not-for-Profit Committee, Buffalo Chapter
COMMUNITY
The Salvation Army of Buffalo – Buffalo’s Amazing Race Committee, Member
Buffalo Niagara 360, Member
United Way of Buffalo and Erie County, Board Leadership Training
Greater Buffalo Sports Hall of Fame, Past Board Member
FUN FACTS
When he isn’t working, Bob enjoys playing golf and spending time with his family.
