Series of posts on GIK valuation

I have started a series of posts at my other blog, Nonprofit Update, discussing gift in kind valuation issues. 

Those posts are written for an audience of non-accountants. The CPAs reading this blog who work with nonprofit organizations might get something out of those posts.  There is a bit of commotion in the NPO community on valuation.  Description of my posts with embedded links:

• introduction to the issue of valuing deworming meds.
• current source of valuations, which is the redbook
• survey of current accounting rules for GIK
• example statements of activity to illustrate impact of changes from FAS 157