Error message

  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Notice: Trying to access array offset on value of type int in element_children() (line 6488 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Deprecated function: implode(): Passing glue string after array is deprecated. Swap the parameters in drupal_get_feeds() (line 394 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/common.inc).
  • Deprecated function: The each() function is deprecated. This message will be suppressed on further calls in menu_set_active_trail() (line 2394 of /mnt/www/html/cpacomrrkspebkvkpk/docroot/includes/menu.inc).

GAAP Update

Session Date: 
Jun 21, 2017 - 3:50pm–5:30pm

Session Tracks:

  • Accounting & Auditing
  • Yellow Book

Join us for our usual, flagship session on the latest developments in GAAP affecting NFPs. We’ll discuss both recent standards (ASUs) and projects in the pipeline, encompassing topics such as NFP Financial Statements, Revenue Recognition, Leases, Financial Instruments, FASB Simplification and Disclosure Framework projects, and the FASB’s important current project on NFP Grants and Contracts. The session will cover essential, need-to-know information to help foster awareness and general knowledge. Subsequent, “deeper dive” sessions on GAAP Update, PART II: Interactive, NFP Financial Statements (two sessions, including Part II: Interactive), and Revenue Recognition will enable participants to build upon that knowledge.

  • Develop an awareness and general understanding of key recent ASUs affecting NFP entities
  • Develop an awareness and general understanding of significant ongoing FASB projects potentially affecting NFP entities.

Field of Study:

  • Accounting
  • Auditing

Session Type:

  • Concurrent

Speakers

Title Speaker Details Session ID
Jeff Mechanick CPA, Financial Accounting Standards Board (FASB), Assistant Director 3, 33
Christine Botosan PhD, Financial Accounting Standards Board (FASB), Board Member 3, 33