VIDEO: Latest FASB Updates – What You Need to Know

As we’ve discussed time and again in recent months, the FASB’s Not-For-Profit Financial Statement Reporting Project continues to evolve and nonprofits need to be prepared to address the changes it’ll bring to the presentation of their financial statements.

Our own Lee Klumpp sat down this week with Accounting Today to discuss the latest developments on the FASB’s proposed changes. Check out part one of the four-part video series here, where Lee explains why these changes are so critical for nonprofit organizations to understand. And stay tuned to the Nonprofit Standard blog and @BDONonprofit on Twitter next week – we’ll let you know when parts two, three and four are available.