Not-for-Profit Forum: Accounting Standards Update

When: January 18, 2017 8:00AM — January 18, 2017 9:45AM

The Rivers Club
One Oxford Centre
301 Grant Street
Pittsburgh, PA 15219

Not-for-Profit Financial Reporting Model: How will your organization be impacted?

Learn how the new Accounting Standard Update will impact your organization and what you should be doing now to prepare. Patrick Kerns and Lauren Weddell, Schneider Downs Senior Audit Managers, will provide a detailed walk-through of key components of the Standard and starting points for implementation by Not-for-Profit and Higher Education institutions.

Topics to be covered:
  • Donor restrictions and classifications of net assets
  • Natural and functional expense classification and disclosure
  • Enhanced disclosures for endowments, including underwater endowments and board designated funds
  • Understanding the new disclosure requirements about liquidity and availability of resources
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