The FASB’s lead staff member for the NFP sector will update you on the latest developments in GAAP that affect the sector. Focusing on developments since the January 2024 NFP Conference, he’ll discuss the FASB’s current agenda and upcoming agenda consultation, recent ASUs, and noteworthy current projects. Date of recording: 1/16/2025
Learning Objectives
- Upon completion of this course, you'll be able to:
- Summarize key GAAP updates and FASB agenda developments affecting not-for-profit organizations.
- Assess the implications of recent Accounting Standards Updates (ASUs) and ongoing FASB projects on NFP financial reporting and operations.
- Prepare for upcoming changes by aligning internal accounting practices with emerging standards and participating in the FASB’s agenda consultation process.
Major Topics
- Key GAAP updates and FASB agenda developments affecting not-for-profit organizations.
- Implications of recent Accounting Standards Updates (ASUs) and ongoing FASB projects on NFP financial reporting and operations.
- Upcoming changes, aligning internal accounting practices with emerging standards and participating in the FASB’s agenda consultation process.