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In late 2015, the Financial Accounting Standard Board (FASB) announced plans for proposed accounting standards changes for nonprofit organizations, with the intent of improving the financial reporting within the nonprofit sector. In FASB’s latest meeting, the current reporting requirements for nonprofits were discussed and changes were made to both the reporting requirements as well as what type of information must now be provided.
In this one-hour webinar, Cathy Clarke explored the impact on your financial statements of the new and pending FASB standards, including the pending Not for Profit Reporting Model, Revenue Recognition and Leases.