Wednesday, August 15, 2018

Are You Ready for the New Not-for-Profit Financial Statements Reporting and Revenue Recognition Standards?

Lonnita Myles

Date: 9/20/2018 2:00pm ET

*Please note this is only “hosted” on the ahcancalED platform, and not a live presentation. Members will be redirected to the registration page after locating the product on ahcancalED through this link.*

This session will discuss the following:
  • Not-for-Profit financial statement standards being updated for the first time in 20 years that will enhance the reporting of expenses both by function and natural classification for all Not-for-Profits and new disclosures on liquidity and more!
  • Exchange transactions for Not-for-Profits and Healthcare may be subject to the new revenue recognition standard through the review of the contracts.
  • New revenue recognition will significantly affect the practices of most companies and many organizations and is intended to increase financial comparability across industries.

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