2017 Not-For-Profit/For Purpose* Breakfast Seminar: Accounting and Auditing Update and Upcoming Developments

Thursday, March 16, 20172017 Not-For-Profit/For Purpose Breakfast Seminar

8:00am – 10:30am

Renaissance Allentown Hotel

12 North Seventh Street, Allentown, PA

Thank you for joining us for this educational session that covered the new accounting standards and the potential impact on your organization’s financial statements.

 

Discussion topics included the following:

FASB Update
  • ASU No. 2016-14,  Presentation of Financial Statements of Not-for-Profit Entities
  • ASU No. 2016-02, Leases
  • ASU No. 2015-03, Interest – Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs 
  • ASU No. 2015-07, Fair Value Measurement: Disclosures for Investments in Certain Entities that Calculate Net Asset Value (NAV) per Share (or its Equivalent)
  • ASC No. 2014-09, Revenue from Contracts with Customers
  • ASU 2014-15, Presentation of Financial Statements -Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern
Presenters:

Agenda:

8:00am – 8:30am             Registration and breakfast

8:30am – 10:30am           Seminar

*We’ve recently begun reframing our reference to the Not-For-Profit industry as “For Purpose.” We’re hopeful the term will catch on, as we think it better reflects the mission-driven culture and focus of the organizations in this industry.