Challenges of Implementing the New Not-for-Profit Financial Statement Standard

12:00 am–11:59 pm ET

# of CPE Credits



Do you have a detailed plan to implement the new not-for-profit financial reporting standards? Are you and your not-for-profit clients ready? During this CPE course, industry experts will walk through the conversion of a not-for-profit’s financial statements and notes to ensure an efficient and effective implementation of FASB ASU No. 2016-14. You will learn how to overcome the most difficult challenges stemming from this new standard through sample policies, examples of various board-designation actions, tips on liquidity management, and some expense-allocation methodologies that will help not-for-profits satisfy the new requirements. This course includes a detailed implementation tool you can use either in your own entity or to assist your clients.
Please note—This course will expire on Tuesday, December 31, 2019. If you don’t complete the course by midnight on this date, you will forfeit your registration fee for this course.   


* 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 not-for-profit's financial statements and footnotes to the new standard


* FASB ASU No. 2016-14

Who Should Attend

* Any not-for-profit preparing financial statements or practitioners preparing not-for-profit financial statements

Required Knowledge


Advanced Prep


Event Speaker(s)

Cathy Clarke, CPA ( The Association of International Certified Professional Accountants, Durham, NC ),

Additional Event Information

Technical Support
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at onlinelearning@ncacpa.org, and a team member will contact you shortly.

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*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via phone or email 30 minutes prior to the start of a live online program.

We anticipate a spike in webinar activity later in the calendar year, and NCACPA is not liable for third-party service outages that may occur. Please plan your CPE before 12/31 to avoid any unforeseen technology issues.

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Event Vendor:The Association of International Certified Professional Accountants
Field of Study:Accounting (Governmental)
Level: Intermediate
Other:New Course

Event Type:On Demand
Event Code:OD004319

Registration Fees

Registration Fee Early Bird Regular
NCACPA Member N/A $95.00
Non-Member N/A $135.00
CPE Sponsors LogoThe National Registry of CPE Sponsors is a program offered by the National Association of State Boards of Accountancy (NASBA) to recognize CPE program sponsors who provide continuing professional education (CPE) programs in accordance with nationally recognized standards. The North Carolina Association of Certified Public Accountants is registered with 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/.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800- 469-1352.