The FASB recently released a long-awaited ASU specifically impacting the way nonprofits present their financial information. While the new standard sets forth positive improvements for the presentation of nonprofit financial statements, the resulting changes will require nonprofits and their financial teams to revisit their current operational measures and reporting procedures.
On Friday, March 17th MFA's Nonprofit Practice will host a program dedicated to ways that you, as nonprofit leaders, can proactively address the changes that you'll face in implementing this new guidance. Join MFA Nonprofit Partners Joyce Ripianzi and Matt Kalil for lunch as they discuss:
- Main provisions of ASU 2016-14: Presentation of Financial Statements of Not-for-Profit Entities
- Significant impacts to recordkeeping and financial statement preparation
- Effective dates and best practices for transition
- A look ahead - additional changes to expect from the FASB
Joyce Ripianzi, CPA
Lead Partner - Nonprofit Practice
Matthew Kalil, CPA, MBA
Nonprofit Audit Partner
Click the link below to register and join us on March 17th.