Back to top



Subject:  Non-for-Profit Entities (Topic 958). Presentation of Financial Statements of Non-for-Profit Entities.

Location:  McGilloway, Ray, Brown & Kaufman / Salinas Office, 379 West Market Street

Date:  May 3, 2018, Thursday

Time:  8:30 A.M. - 10:00 A.M.

Who should attend: Executive Directors (EDs), Chief Financial Officers (CFOs), and Controllers

Fee: Complimentary

Registration: Email Ryshel Horca: to attend this free class.  Register today. Space is limited.

Summary: You are invited to attend the Presentation of Financial Statements of Not-for-Profit Entities (Topic 958), hosted by McGilloway, Ray, Brown and Kaufman.

The effective date of this Accounting Standards Update (ASU) issued by the Financial Accounting Standards Board is quickly approaching for not-for-profit entities. The amendments in this update are effective for annual financial statements issued for fiscal years beginning after December 15, 2017, and for interim periods within fiscal years beginning after December 15, 2018.

This guidance will be the first major set of changes to not-for-profit financial statement presentation standards since the issuance of FASB Statement No. 117, Financial Statements of Not-for-Profit Organizations, in 1993, which established the current reporting guidance. We will explore who will be affected by the changes in this ASU and how to transition your organization.

In this workshop, we will: Provide an understanding of the new guidance.  Discuss how to prepare your organization for implementation.  Discuss implementation dates and challenges associated with adopting the new guidance.

Join MRBK for this program that highlights the key accounting and implementation for your GAAP financial statements.