Thoughtware

Webinar 06/12/2018

How the Not-for-Profit Reporting Standard Will Affect CHCs

Presenters/Authors
Date
06/12/2018 - 10:00 a.m.
Doctors writing down notes

In August 2016, the Financial Accounting Standards Board released Accounting Standards Update (ASU) 2016-14, a not-for-profit accounting standard for financial reporting. This marks the largest change to financial reporting in 20 years. The ASU aims to improve the usefulness of information provided to not-for-profit financial statement users by eliminating diversity in practice, enhancing financial performance comparability and increasing transparency around financial resource availability. During the webinar, we’ll examine the significant changes, tips to begin preparing and example changes to the financial statements and footnotes.

Learning Objectives

Upon completion of this program, participants will be able to:

  • Translate the provisions of the new not-for-profit reporting standard
  • Recognize the implications of the new standard on their financial statements
  • Identify what they should be doing now to prepare

I​f you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at training@bkd.com or 800.472.2745.​ Click here to read the CPE FAQs.

CPE NASBA LogoBKD, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.