Error loading player: No playable sources found

NOT2033

NFP Financial Statements - Common Errors and Best Practices of ASU 2016-14

Date
June 23, 2020
$49
Standard Price
This product is also available as part of the following products:
Thumbnail for AICPA Not-for-Profit Industry Conference 2020
This includes sessions from the conference: AICPA Not-for-Profit Industry Conference 2020

This session will provide implementation tips, examples, and best practices for the adoption of ASU 2016-14, Presentation of Financial Statements of NFP Entities. Through the sharing and discussion of examples, the session is designed to assist entities implement the standard in a manner that is most meaningful to their operations and helpful to the users of their financial statements.

Learning Objectives

  • Understand the common errors in implementing the ASU 2016-14 standard
  • Consider best practices and alternative presentations for the ASU 2016-14 standard

Speakers

Speaker Image for Kelly Rancourt
Principal, Clark Nuber
Speaker Image for Chris DuKate
Partner, Capin Crouse

General
Session Categories

Related Products

Thumbnail for A Whole New World to Audit Revenue
A Whole New World to Audit Revenue
It's a whole new world with a new interesting point of view to audit revenue. Let us take you standard by standard to understand how the new revenue recognition guidance affects nonprofits…
Thumbnail for Deep Dive:  New Revenue Recognition Guidance for Grants and Similar Contracts (ASU 2018-08):  Part II
Deep Dive: New Revenue Recognition Guidance for Grants and Similar Contracts (ASU 2018-08): Part II
These sessions (parts 1 and 2) will be a deep dive into the ASU…
Thumbnail for COVID-19 Impact on Audits - Lessons Learned and to be Remembered
COVID-19 Impact on Audits - Lessons Learned and to be Remembered
This session will address matters encountered by auditors when performing audits in an environment of travel restrictions and social distancing, including the after effects of the COVID-19 pandemic…
Thumbnail for Functional Expense Classification
Functional Expense Classification
A deep dive session focused on the functional expense classifications. Topics to include: allocations which were addressed in ASU 2016-14, how to report COVID-19 related expenses, and various ways the disclosures can be presented to meet the GAAP requirements…

This site uses cookies to store information on your computer. Some are essential to make our site work, others help us improve, the user experience. By using the site, you consent to the placement of these cookies. Visit our Privacy Center to learn more.