2024 Not-for-Profit GAAP Update

Overview

This course will review the Accounting Standard Updates issued by the FASB that impact nonprofit entities. We will also look at the work of the Not-for-Profit Advisory Committee (NAC) and the projects they are advising the FASB on.

Prerequisites

Prior experience with nonprofit GAAP

Objectives

• Recall the impact of ASUs on nonprofit organizations 
• Recognize the activities of the nonprofit advisory committee

Highlights

• NAC
• CECL