When it comes to adopting the new FASB Not-for-Profit Financial Reporting Standard, having an in-depth understanding, effective implementation strategy, and plan to finish can make all the difference between a smooth transition, with minimal disruption to your organization, and a mad scramble to the finish that consumes valuable resources. This training has been developed specifically for financial managers and staff responsible for implementing the new standard in their own organizations.
•Identify the most significant and complex challenges in adopting FASB's new financial statement standard
•Determine policies, procedures and systems that should be in place as a result of the standard.
•Identify implementation techniques that could assist in converting a nonprofit's financial statements and footnotes to the new standard.
Tim McCutcheon, CPA, Partner of Eide Bailly, LLP.
Tim has been a CPA since 1979. He serves a wide variety of nonprofit entities and has been actively involved at the state and national levels through his involvement with the Colorado Society of CPAs and the American Institute of Certified Public Accountants. Tim also spent eight years as CFO for a large Colorado nonprofit during a critical time in its history. He specializes in audit, tax and advisory services. In addition, Tim teaches advanced not-for-profit financial accounting and reporting classes.
Peggy Jennings, CPA, Partner of Eide Bailly, LLP.
Peggy joined the firm in 1995 and specializes in both the nonprofit and ERISA sectors. Her nonprofit work includes serving human service and healthcare related clients, cultural and arts organizations, fundraising entities, college and community foundations, animal welfare and independent schools.
Seminar 12:00 am – 2:30 p.m.
Category: Auditing, CPE: 2 hours
These are live-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.