[Video Series] New FASB Accounting Standards

March 2016

In August 2016, the Financial Accounting Standards Board released an Accounting Standards Update, marking phase one of its Not-for-Profit Financial Reporting Project. This news left many nonprofits wondering what the ASU means for their organization. In September, Lee Klumpp sat down with Accounting Today for an in-depth look at key provisions in the ASU, and what nonprofits can do to jump-start their preparations.

Part 1: FASB’s Upcoming Changes in Nonprofit Accounting Standards