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InsideNGO 2017 Annual Conference: Framing the Future of NGO Excellence

Fr03.3 - FASB Update: What Lies Ahead for NGOs

Jul 21, 2017 11:25am ‐ Jul 21, 2017 12:25pm


Join us for a tour of recent and upcoming developments in GAAP that are important to the NGO sector. We'll touch upon a range of recent standards (ASUs) and ongoing projects, with a focus on the following: ASU 2016-14 (which made targeted improvements to the NFP financial statement model), the FASB's current project on Revenue Recognition for Grants and Contracts by NFPs (some proposed improvements to be issued in July for public comment), the new leases standard and how that will affect NGOs, and international standard setting activities for NGOs.


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