Have you considered early adopting FASB’s financial reporting standard? During this session, we will walk through case studies that will provide a step by step guide to converting a not-for-profit's financial statements and notes to ensure efficient and effective implementation of FASB ASU 2016-14. You will learn how to overcome the most difficult challenges stemming from this new standard, and walk away with helpful tools not-for-profits can use to satisfy the new requirements.
Learning Objectives:
•Identify the most significant and complex challenges in adopting FASB's new financial statement standard.
•Determine policies, procedures, and systems that should be in place as a result of the standard.
•Identify implementation techniques that could assist in converting a not-for-profit's financial statements and footnotes to the new standard.
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