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InsideNGO 2016 Annual Conference: Achieving Global Impact

WE34 - FASB Update: What Lies Ahead for NGOs

Jul 13, 2016 1:15pm ‐ Jul 13, 2016 2:15pm


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, and focus on: Phase I of the FASB’s generational project on Not-for-Profit (NFP) Financial Statements, to conclude with a final ASU this summer; the FASB’s new project on Revenue Recognition for Grants and Contracts by NFPs, aimed at improving and clarifying GAAP in that area; the final ASU on leases and how that will affect NGOs; and international standard setting activities for NGOs.


Tags: Finance

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