logo
    • Magazine
    • Membership
    • Donate
  • Racial Justice
  • Economic Justice
    • Collections
  • Climate Justice
  • Health Justice
  • Leadership
  • CONTENT TYPES
  • Subscribe
  • Webinars
    • Upcoming Webinars
    • Complimentary Webinars
    • Premium On-Demand Webinars
  • Membership
  • Submissions

Are You Ready to Comply with New FASB Guidelines?

The Editors
November 9, 2017
Share
Tweet
Share
Email
Print

Click here to download accompanying slides.

What the New FASB Nonprofit Accounting Guidelines Require: On Restricted Contributions, Functional Expenses, and “Eye-Opening” Disclosures

With the replacement of temporarily and permanently restricted categories for reporting contributions and related net assets, enhanced disclosures require nonprofits to describe more about how restrictions affect the USE OF RESOURCES.

Sign up for our free newsletters

Subscribe to NPQ's newsletters to have our top stories delivered directly to your inbox.

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

In addition, the issue of classifying costs as program vs. overhead continues to be a focus in the sector. Under the new guidelines, not only must expenses be reported by function, but nonprofits MUST DISCLOSE THE METHODOLOGY used for allocations and whether the methods are consistently applied.

This webinar will summarize the changes and explore the following questions:

  • Is your functional expense allocation properly representing your resource allocation strategy?
  • Is this an opportunity to refresh your approach?

Share
Tweet
Share
Email
Print

Become a member

Support independent journalism and knowledge creation for civil society. Become a member of Nonprofit Quarterly.

Members receive unlimited access to our archived and upcoming digital content. NPQ is the leading journal in the nonprofit sector written by social change experts. Gain access to our exclusive library of online courses led by thought leaders and educators providing contextualized information to help nonprofit practitioners make sense of changing conditions and improve infra-structure in their organizations.

Join Today
logo logo logo logo logo
See comments

Spring-2023-sidebar-subscribe
You might also like
Remaking the Economy: Owning Our Future
Steve Dubb, Kamuela Enos, Rodney Foxworth, Emily Kawano and Esteban Kelly
Remaking the Economy: Wage Justice, Now!
Rithika Ramamurthy, Saru Jayaraman, Chirag Mehta and Erica Smiley
Rising Like a Phoenix: Developing a New Journalism That Builds Community
Darryl Holliday
Remaking the Economy: Advocacy and Community, the Delicate Balance
Steve Dubb, Rudy Espinoza, Julia Ho and Nia Evans
Remaking the Economy: Information, the Media, and Economic Justice
Steve Dubb, Candice Fortman, Darryl Holliday and Kevon Paynter
Remaking the Economy: Finding the Levers for System Change
Steve Dubb, Sendolo Diaminah, Lela Klein and Tuesday Ryan-Hart

NPQ Webinars

April 27th, 2 pm ET

Liberatory Decision-Making

How to Facilitate and Engage in Healthy Decision-making Processes

Register Now
You might also like
Remaking the Economy: Owning Our Future
Steve Dubb, Kamuela Enos, Rodney Foxworth, Emily Kawano and Esteban Kelly
Remaking the Economy: Wage Justice, Now!
Rithika Ramamurthy, Saru Jayaraman, Chirag Mehta and Erica Smiley
Rising Like a Phoenix: Developing a New Journalism That...
Darryl Holliday

Like what you see?

Subscribe to the NPQ newsletter to have our top stories delivered directly to your inbox.

See our newsletters

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

NPQ-Spring-2023-cover

Independent & in your mailbox.

Subscribe today and get a full year of NPQ for just $59.

subscribe
  • About
  • Contact
  • Advertise
  • Copyright
  • Careers

We are using cookies to give you the best experience on our website.

 

Non Profit News | Nonprofit Quarterly
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.