Accounting & Auditing

Implementing the New Not-For-Profit Standard: Practical Considerations

Tim McCutcheon, CPA, CMGA
Eide Bailly LLP

Session Description

FASB’s new standard, ASU 2016-14, is the biggest change to not-for-profit financial statements in over two decades. Is your organization ready? Are your not-for-profit clients ready? During this presentation you will learn about the requirements and receive actionable tips to assist your organization or clients. Industry experts will share a sample implementation checklist and walk through illustrative financial statements and footnote disclosures. You will learn about policy changes not-for profit organizations may need to consider in order to comply with the new standard.

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