Webinar: “Understanding the Principles of the FASB’s Anticipated Exposure Draft”
July 10, 2015
By Morgan Piscitelli
In an earlier post, Brian Collins discussed an important webinar topic presented by EisnerAmper and the Better Business Bureau, geared towards all not-for-profit leaders. The webinar, presented by partners Candice Meth and Julie Floch on March 31, was titled “Understanding the Principles of the FASB’s Anticipated Exposure Draft on Changing the Not-For-Profit Financial Statement Model.” In their presentation, which can be viewed in full here, the partners discussed the basic features of the draft, as well as how the changes will affect the not-for-profit sector. They also walked listeners through the new principles added to the exposure draft while highlighting the changes from existing GAAP financial reporting.
This informative webinar was created to focus on key elements of the new draft which are of critical importance to not-for-profit leaders. Webinar attendees ranged from not-for-profit CEOs, executive directors, COOs, CFOs, board members, development officers, program officers and other individuals who work directly with not-for-profit financial statements. Feedback on the presentation was very positive, with many eagerly awaiting the availability of a link to the recording, featured above. Julie and Candice encourage all not-for-profit leaders to consider the potential effects of these proposed changes on their organization and offer comment directly to FASB. To stay current on this topic, follow EisnerAmper’s Not-for-Profit Trends and Tips blog and also sign up for FASB’s electronic Action Alert.