What Religious Institutes Need to Know About the New Reporting and Lease Accounting Requirements
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What Religious Institutes Need to Know About the New Reporting and Lease Accounting Requirements

Overview
This 60-minute session hosted by members of Plante Moran’s Religious Institutes team will address the planned changes to the FASB standards for the presentation of not-for-profit financial statements and will discuss items that religious institutes will need to address in order to ensure they are compliant with the new rules. They will also cover information on the new lease accounting standard, which requires most leases to be recorded on the balance sheet. These changes will have a significant impact on religious institutes’ accounting and reporting practices. Don't miss this opportunity to learn how these changes will specifically impact your financial statements.

Learning objectives
At the conclusion of this session, participants will:
  • Understand the new, proposed regulations regarding Phase I of FASB’s project to revamp how not-for-profits report financial information.
  • Understand the impact of the new lease accounting guidelines and how they specifically impact religious institutes.

Presenters
Moderator: Kellie Ray Goines, Partner
Josh Jarvie, Associate
Jeff Zeleji, Associate

Additional information:
1 CPE credit anticipated, specialized knowledge
Prerequisites/Advance Preparation: None
Program Level: Basic
Delivery Method: Group internet-based


Plante & Moran, PLLC, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417 or by visiting the website: www.nasba.org

Details

Date: Jun 5, 2017

Time: 2:00PM Eastern - 3:00PM Eastern