FASB ASU 2016-14 E-Book

New FASB ASU 2016-14 E-Book. FASB EBOOKcover

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 new 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.