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The Financial Accounting Standards Board recently issued the first major changes to accounting standards for NFPs in over 20 years. The new standards take effect for fiscal years beginning after December 15, 2017, which means now is the time to prepare your organization to implement them.
To help you get ready, Clark Schaefer Hackett’s panel of experts explain the new standards in detail.
- How the new FASB standards for NFP organizations will simplify financial reporting
- What changes to expect with the implementation of the new standards
- How to prepare for the costs associated with compliance