ASU 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities, impacts the financial reporting for all nonprofit entities. This course will walk through the major chances to the statement of financial position, statement of activities and statement of cash flow. We will also discuss considerations for implementation so that nonprofits are able to start the adoption of the standard on the right foot! We'll use examples from the standard to demonstrate the impact.
Melisa F. Galasso, CPA
Melisa Galasso is the founder of Galasso Learning Solutions LLC. With nearly 15 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not for profit and governmental accounting. She also supports essential professional development, public speaking, and business skills. [Learn more]