To maintain your not-for-profit organization’s tax-exempt status and expand its impact, it’s important to understand key regulatory developments and their potential effects on the sector.
Join us for an on-demand webcast addressing critical developments in auditing and accounting standards and their impacts on not-for-profit organizations. We’ll discuss updates from the Financial Accounting Standards Board (FASB), the effects of COVID-19 on organizations like yours, and other key topics, such as:
- Upcoming accounting standard updates and impacts on financial statements
- Steps to prepare for implementation of ASU 2014-09, Revenue from Contracts with Customers (Topic 606), and ASU 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made
- Key changes that impact the higher education sector, including financial responsibility standards and Perkins close-out audits
- Changes that may impact organizations subject to single audit