Implementing the New FASB Rules: Liquidity and Net Assets

2018

Do you have a detailed plan to implement the new FASB not-for-profit financial reporting standards? During this two-part webinar series, industry experts walked through the conversion of a not-for-profit organization’s financial statements and notes to ensure an efficient and effective implementation of FASB ASU 2016-14. Learn how to overcome the most difficult challenges stemming from this new standard, through examples of various board-designation actions, walking through converting net asset classifications, tips on liquidity disclosures, and expense allocation methodologies that will help Community Action Agencies satisfy the new requirements. Part One of this webinar series addressed liquidity and net assets.

Presented on: May 22, 2018
Presented by: Cathy J. Clarke, CPA & Rachel Flanders, CPA, CliftonLarsonAllen LLP

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