What's Going On? How NFPs are dealing with ASU No. 2020-07 and FASB ASC 842

OL904  |  On Demand Course  |  Update  |  Self-Study

Description

NFPs have recently implemented ASU No. 2020-07 on contributed nonfinancial assets and are in the process of implementing FASB ASC 842 on leasing. So, what have NFPs encountered in applying these standards and how have the financial statements changed as a result of the standards? In this session we will explore the core requirements of the standards and look at how things have played out in the financial statements of implementers.

This course is part of the 2023 Not-for-Profit Conference Bundle. Purchase the conference bundle here.

Credits

Number of Credits Type of Credits
2.00 Accounting (Governmental)

Prices

Member (Early Bird)
$79.00
Non-Member (Early Bird)
$109.00
Member
$79.00
Non-Member
$109.00
Your Price: $109.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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Instructors

Diane E. Edelstein, CPA

Diane E. Edelstein is a Senior Partner at Maher Duessel in Pittsburgh and has over 30 years of experience in public accounting. Her entire auditing career has focused on nonprofits, governments, and Single Audits. She now works part time and specializes in teaching and consulting.

Diane was a member of the AICPA NPO Planning Conference Committee from 2012 to 2017 and spoke each year on Single Audit topics. She is also a past member of the AICPA Governmental Audit Quality Center Executive Committee. She has conducted peer reviews of Single Audits and is a prior member of the PICPA Professional Ethics Committee.

Diane received a B.A. in accounting (with distinction) from George Mason University in Fairfax, Virginia.

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