ASU 2016-14, Not-for-Profit Entities (Topic 958), Presentation of Financial Statements of Not-for-Profit Entities, affects substantially all nonprofits as well as creditors, donors, grantors, and others that use their financial statements. AAFCPAs’ Amanda Pelcher, CPA will provide insight to the Lawyers Clearinghouse’s network of nonprofits during a workshop she will give on Understanding the New Nonprofit Financial Statement Presentation Standards, on October 12th in Boston, MA.
AAFCPAs will address questions such as:
- What are the areas of focus?
- How do we digest the information within the new financial statement format to assess the financial health of the organization?
- How do we assess how well philanthropic dollars are being utilized? How much is invested in program versus overhead?
- How do we evaluate liquidity?
Friday, October 12, 2018
9:00 – 11:00 am
10 Post Office Square, Boston, MA
This program is suitable for nonprofit professionals in charge of finance and accounting as well as board members.
AAFCPAs provides financial management assistance on complex technical accounting issues, allowing clients to confidently apply new standards with greater efficiency and ease. We are happy to share our expertise for the benefit of nonprofits in our region on implementing this ASU.
AAFCPAs understands the nuances of the Nonprofit Financial Statement Framework, and we encourage you to take action now on this important issue. Implementation for many may be complex, time-consuming, and require requisite skills and expertise not found on your internal finance team. Learn more about AAFCPAs’ Implementation Services: https://info.aafcpa.com/nonprofit-fs-framework