posts tagged as FASB


By Nonprofit Practice Leaders | July 13, 2017

Listen to our Annual Nonprofit Accounting and Auditing Update

Are you up to speed on the FASB and AICPA projects that could impact the nonprofit sector? Join us on Tuesday, July 25 at 1 pm EST, for our Annual Accounting and Auditing Update. read more


By Angela Newell | June 30, 2017

Topic 606, Revenue from Contracts with Customers, A View from the Kitchen

The new revenue recognition standard becomes effective on January 1, 2018 for public companies. Private companies can choose to adopt the new model early, but have an additional year to comply. With the clock ticking until implementation... read more


By Tammy Ricciardella | June 28, 2017

Part Three – A Deeper Dive into ASU 2016-14 Implementation Issues

In part three of a blog series on FASB Accounting Standards Update (ASU) 2016-14, Not for Profit Entities (Topic 958): Presentation of Financial Statements of Not for-Profit Entities, Tammy Ricciardella reviews changes to the... read more


By Nonprofit Practice Leaders | May 25, 2017

Webinar: Nonprofit CFOs Talk FASB ASU Implementation Issues

After the release of the FASB’S accounting standards update on the presentation of nonprofit financial statements, big changes are coming to nonprofit financial reporting. Join us on Tuesday, May 30, from 1-2pm ET for the next... read more


By Tammy Ricciardella | May 22, 2017

Part Two – A Deeper Dive into ASU 2016-14 Implementation Issues

In part two of a blog series on FASB Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities, Tammy Ricciardella dives deep into changes to expense... read more


By Nonprofit Practice Leaders | May 09, 2017

Webinar: Cost Allocation Changes Under FASB ASU 2016-14

Join us on Thursday, May 11, from 1-3 pm ET, for the next installment of the 2017 BDO KNOWLEDGE Nonprofit & Education Webinar series. This webinar will discuss the new disclosure requirements and changes to cost allocation under the FASB... read more


By Nonprofit Practice Leaders | April 10, 2017

The Spring Nonprofit Standard Newsletter is Live!

To catch up on the latest governance, tax and sustainability issues in the nonprofit industry, take a look through the Spring issue of BDO's Nonprofit Standard newsletter. read more


By Nonprofit Practice Leaders | March 14, 2017

We Wrote the Book on Nonprofit Financial Reporting

Nonprofit financial reporting has never been more complicated. How to Read Nonprofit Financial Statements: A Practical Guide is a new book from BDO that helps nonprofits design and prepare financial statements that comply with the new... read more


By Nonprofit Practice Leaders | February 07, 2017

Podcast: Lee Klumpp Talks FASB ASU on Nonprofit Consolidation

The FASB recently released an Accounting Standards Update around consolidation for nonprofit entities. Our own Lee Klumpp, former FASB fellow, was a recent guest on Accounting Todays podcast series, where he sat down with host Mike Cohn... read more


By Tammy Ricciardella | January 26, 2017

A Deeper Dive Into ASU 2016-14 Implementation Issues

Three of the nonprofit financial reporting areasinvestment expenses, liquidity and availability disclosures and internal net asset designationsthat will be impacted by the Financial Accounting Standards Board (FASB) ASU 2016-14, Not-for... read more