FASB ASU 2016-14 E-Book


The overall goal of FASB ASU 2016-14 is to provide more useful information to donors, grantors, creditors, and other users of financial statements. But, questions remain for nonprofits around timing, financial statement presentations and choices, and implementation.

AccuFund’s FASB E-Book fills in the gaps.

Understanding. Preparing. Implementing. FASB ASU 2016-14 Reporting Requirements for Not-For-Profit Organizations guides nonprofits through the new FASB ASU 2016-14 reporting requirements. Highlights include:

•    Timing and examples of reporting changes
•    Side-by-side analysis of changes
•    Checklists and step-by-step updates to key reports

As part of the nonprofit ecosystem, AccuFund is proud to provide this resource to help nonprofits navigate the new FASB ASU 2016-14 reporting requirements. We want to make it as easy as possible for you to address these changes and continue moving your mission forward.

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The Financial Accounting Standards Board (FASB) has issued a new accounting standards update specifically for nonprofits (ASU 2016-14) to improve the current net asset classification requirements and the information presented in financial statements and notes about a nonprofit entity’s liquidity, financial performance, and cash flow.