24WA-3160: 2024 Not-for-Profit Accounting Update (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Friday, June 21, 2024
11:00am - 3:00pm Central Time
4 CPE (4 technical)  |  4 Yellow Book

The Not-for-Profit Advisory Committee (NAC) has been meeting with FASB to discuss the impact of various standards on the nonprofit community. In this course, we will explore the work of the NAC and the impact they've had. We then transition to the Accounting Standards Updates (ASUs) issued by the FASB that are impacting nonprofit entities, including a review of year 2 issues with respect to the leases standard including modification accounting. We will close with a look at common deficiencies found in nonprofit financials.

Major subjects

• NAC
• CECL
• Leases

Learning objective(s)

• Recall the impact of ASUs on nonprofit organizations 
• Recall the activities of the nonprofit advisory committee 
• Identify the financial reporting impact of modification of lease contracts
• Identify common deficiencies in nonprofit accounting

Who should take this program?

Accounting professionals

Fees

Standard Member Fee	$129.00
Standard Nonmember Fee	$129.00