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ENGAGE 2020


Not-for-Profit Update


Jun 9, 2020 2:30pm ‐ Jun 9, 2020 3:45pm

Description

In this session, we'll supplement what's covered in the FASB Update session, by discussing developments in GAAP that are of particular interest to NFPs.  We'll cover: implementation matters for major new standards (ASUs); other recently-issued ASUs; and key FASB projects in process.  We'll focus especially on the FASB's recent guidance on Contributions vs. Exchange Transactions (ASU 2018-08).

Learning Objectives:
  • Develop an understanding of the key requirements of ASU 2018-08 and how to implement them.
  • Develop a general understanding of implementation matters concerning NFPs for other major new ASUs, and of other recently-issued ASUs that affect NFPs.
  • Develop a general awareness of key FASB projects in process that are relevant to NFPs.

Speaker(s):

Tags: NAA
Category: Concurrent Session (Onsite and Online)

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