Implementing ASU 2016-14
This session will provide attendees with practical guidance and illustrative examples for not-for-profit organizations implementing Accounting Standards Update (“ASU”) 2016-14. The ASU impacts areas such as net asset classification, endowment disclosures, liquidity and availability of resources, functional expenses, and investment return for all not-for-profits. Topics to be discussed includes a summary of the effective changes, challenges we expect all to encounter, and review various illustrative examples of financial statements reflecting the changes.
- Describe the goals and objectives of ASU 2016-14.
- Identify the key reporting differences that require consideration in implementing ASU 2016-14.
- Develop an effective implementation plan.
- Katie Tuite Strader, Manager, Assurance Services | Cherry Bekaert LLP
Prerequisites | None
Advanced Preparation | None
Recommended Hours of CPE | 1 Hour*
Delivery Method | Webinar
Program Level | Basic
CPE Category | Accounting (Governmental)
*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. | www.learningmarket.org
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