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ASU 2016-14: Implementing the New NFP Standard

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ASU 2016-14: Implementing the New NFP Standard
June 29, 2017
Live Webinar
1:00 p.m. - 2:00 p.m. ET


This course will cover the major changes in both presentation and disclosures that NFPs will need to implement as part of ASU 2016-14.

We’ll focus on the changes in:

  • net asset classes;
  • functional expenses;
  • cash flow statements; and
  • investment income/expenses.

This class will help you prioritize what needs to be done to implement the new standard.

Learning Objectives

Participants will be able to:

  • Analyze key requirements for implementing the new standard
  • Describe the major changes to NFP financial statements under ASU 2016-14

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Melisa Galasso, CPA | Senior Manager, Audit Professional Practices | Cherry Bekaert LLP

Katie Tuite, CPA | Manager, Audit Services | Cherry Bekaert LLP

CPE Accreditation

Prerequisites | None
Advanced Preparation | None
Hours of CPE | 1 Hour*
Delivery Method | Webinar
Program Level | Basic
CPE Category | Accounting (Governmental)

1 Hour of CPE* at no charge!


There is no fee for this webinar! Register now! Registration deadline is Wednesday, June 28, 2017.

Who Should Attend

This program is designed for all not-for-profit clients.

For More Information

Please contact Chrissie Seredni with questions regarding registration at

Please contact Amanda Keefer with any other questions at

If you are unable to attend, this webinar will be available for on-demand viewing (with no CPE). Click here.

Join the event conversation by using the hashtag #CBEngage!

*Cherry Bekaert is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website. |

Cherry Bekaert Continuing Professional Education: Statement of Administrative Policies

Complaint Resolution Policy

Cherry Bekaert will make every effort to provide the best training courses possible. In the event participants are not completely satisfied with the training course and wish to file a complaint, please contact Karen McManus at or 804.673.5748 within 10 business days of the event. Information about the course such as date, location, instructor and nature of complaint must be provided. Complaints may also be made in writing to: Cherry Bekaert LLP, 200 South 10th Street, Suite 900, Richmond, VA 23219, ATTN: Karen McManus

Record Retention Policy

Cherry Bekaert will retain all Continuing Professional Education (CPE) documents for five years from training course date. These records will include:

  • Course outline
  • Course content and handouts
  • Sign in sheets
  • Dates and locations of training courses
  • Instructor credentials
  • Course evaluations
  • CPE certificates stating amount of recommended CPE credit

Refund and Cancellation Policy

Cherry Bekaert reserves the right to cancel or reschedule any training courses up to 10 business days prior to the date of the event. Full refunds will be provided to registered course participants if the course is cancelled or if participants are unable to attend the rescheduled event.

Participants who must to cancel their course registration 10 or more business days in advance of the event must contact Karen McManus to receive a full refund of all fees paid. Participants who must cancel their registration within 10 business days of the event, will not receive a refund.

ASU 2016-14: Implementing the New NFP Standard