How to Prepare for the NEW Not-for-Profit Accounting Standards
Wednesday, November 14th
1:00 PM - 2:00 PM (PDT)
 

Last year, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-14, which contains significant changes to not-for-profit accounting standards—focusing on improving, enhancing and simplifying financial statement reporting requirements.

Join Tamara Graham, Senior Manager at Lindquist, LLP, to learn how your nonprofit can begin to prepare your accounting and financial reporting systems for these important changes.

This webinar will explore the following topics:

• Displaying the current three fund categories of Unrestricted, Temporarily Restricted and Permanently Restricted funds has changed to two fund categories of “Funds without Donor Restrictions” and “Funds with Donor Restrictions.”
• Requiring the use of a classified balance sheet and allowing for display of assets with limited use.
• Requiring that information provided about expenses for the period will be presented both by functional and natural classifications for all not-for-profits.
• Additional disclosures on liquidity and other items.

If you're a 501(c)(3), responsible for accounting and financial reporting processes at your nonprofit, sign up today as space is limited!
 

Even if you can't attend live, when you register we'll send you the webinar recording.

Best,

The UST Team
Unemployment Services Trust
1-888-249-4788
www.ChooseUST.org