Skip to Content

FASB changes ahead for not-for-profits

Date:
Tuesday, May 19, 2015
Time:
2 p.m. - 3 p.m. EDT
View On-Demand
Now is the time to begin considering how these upcoming and proposed changes will affect your organization, and to begin designing any necessary changes to your processes and procedures to accumulate the information needed.

Empty boardroom set up for a meeting

The new FASB Revenue from Contracts with Customers standard and the proposed Not-for-Profit Financial Reporting Project will have a significant impact to not-for-profit organizations. Now is the time to begin considering how these upcoming and proposed changes will affect your organization, and to begin designing any necessary changes to your processes and procedures to accumulate the information needed.

Learning objectives

At the conclusion of this session, participants will be able to:
  • Describe the impact the new revenue recognition standard will have on your organization.
  • Relate the differences between the proposed financial reporting model and current practice.
  • Assess the implications these new and upcoming standards will have on your accounting and financial reporting.
  • Outline what you can do now to prepare your organization for the implementation of these new standards.

Presenters

  • Dana Coomes, CPA, Senior Manager, Plante Moran
  • Christina Hardy, Senior Manager, Plante Moran

Moderator

  • Yvonne McNulty, Partner, Plante Moran

Related Thinking

A lion resting and laying on top of a large rock
June 19, 2024

Lincoln Park Zoo: A mission to inspire, educate, and conserve

Case Study 3 min watch
Aerial view of Washington D.C. at dusk.
June 6, 2024

4 ways to monetize Inflation Reduction Act tax credits

Article 7 min read
U.S. Capitol building during the day against a cloudy sky.
May 20, 2024

Expanded Inflation Reduction Act electric vehicle (EV) and charging station credits for businesses, tax-exempts, and governmental entities

Article 11 min read