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AICPA Not-for-Profit Industry Conference 2021

NOT2122 - Strategy Meets Standards: Turning Accounting Standards into Innovation (Sponsored by CliftonLarsonAllen - CLA)


Jun 8, 2021 9:30am ‐ Jun 8, 2021 10:20am


Standard: $49.00

Description

Several FASB accounting standards have gone into effect over the past two years that require new or significantly more complex disclosures on non-profit financial statements. The standards covering liquidity, functional expenses by nature, grants and contributions, revenue recognition, and gifts-in-kind are all opportunities for innovation. Instead of seeing these new standards as merely compliance requirements, this session explores how to use them to develop better financial strategies and practice for non-profits. Join us to learn how to use FASB guidelines to tell your financial story in the most creative, sophisticated way. Learn enough about accounting to avoid being a victim of the accounting.

Speaker(s):

Category: Concurrent Session Online

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