How are the new FASB reporting standards from the last year impacting private foundations and the financial reporting by grantees. What are the reporting considerations for the upcoming year, and what is on the horizon. The discussion will spotlight shifts in how foundations are using their endowment and factors that may impact an annual audit.
Understand recent FASB updates and potential reporting impact
Assess the impact of the new reporting standards: are private foundations finding that current changes provide greater transparency of grantee financial information