NOT2122. Strategy Meets Standards: Turning Accounting Standards into Innovation (Sponsored by CliftonLarsonAllen - CLA)

Several FASB accounting standards have gone into effect over the past two years that require new or significantly more complex disclosures on non-profit financial statements. The standards covering liquidity, functional expenses by nature, grants and contributions, revenue recognition, and gifts-in-kind are all opportunities for innovation. Instead of seeing these new standards as merely compliance requirements, this session explores how to use them to develop better financial strategies and practice for non-profits. Join us to learn how to use FASB guidelines to tell your financial story in the most creative, sophisticated way. Learn enough about accounting to avoid being a victim of the accounting.