accounting

How Will New Accounting Standards Affect Nonprofits? Learn More at Aug. 25th Community Roundtable

One of CFFK’s roles is to help strengthen the nonprofit sector. We’re pleased to share this information about an upcoming roundtable sponsored by the accounting firm working with WomanKind. Helping promote events, trainings, workshops and other community or educational events should not be seen as an endorsement of the company or the nonprofit sponsoring such events.

 

Proposed changes in accounting standards will profoundly impact the way nonprofits do their financial accounting. How will the changes affect the nonprofit you’re involved with? Find out at an upcoming roundtable in Key West, hosted by professional services accounting firm CliftonLarsonAllen.

What:  “Impact of the FASB Exposure Draft: Nonprofit Roundtable”

Speakers: Mike Carter, Principal, and Trisha Floyd, Manager, CliftonLarsonAllen

When:  Tuesday, August 25th

9:00 – 9:30 a.m. — Registration and light breakfast;  
9:30 a.m. – 11:30 a.m. — Session

Where: Wesley House Family Services, 1304 Truman Avenue, Key West

Who: Designed for executive directors, CEOs, CFOs, board members, controllers, financial managers, treasurers, and other nonprofit decision makers

Cost: Free; please register by August 18th to: Laura Marrone at 
laura.marrone@CLAconnect.com or call 
863-680-5638

The Financial Accounting Standards Board (FASB) recently released its long-awaited proposed accounting standards update for nonprofit organizations. The document includes numerous changes that will profoundly impact the way these entities present their financial statements.

In response, accounting firm CliftonLarsonAllen is hosting a roundtable so nonprofits can be proactive in reviewing and understanding the proposed guidance. This roundtable will provide an overview of the changes and the impact on your organization. We will also discuss how you can get a jump start on preparing for the proposed update.

At the end of this session, you will be able to:

  • Recognize the activities of the FASB Not-for-Profit Advisory Committee (NAC)
  • Discuss the impact of proposed standards on nonprofit financial accounting

The roundtable is available for 2 hours of Continuing Professional Education (CPE) credits in Accounting.