Understanding what’s happening at the regulatory level is a fundamental part of any not-for-profit’s ability to maintain tax-exempt status and expand its impact.
In our fall 2017 review, we’ll discuss the newly issued Financial Accounting Standards Board Accounting Standards Update 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities. We’ll also cover additional topics that include:
- Industry developments
- The status of American Institute of Certified Public Accountants projects
- Other emerging not-for-profit accounting and auditing issues