ON-DEMAND WEBINAR

2021 FASB
Update for NFPs

"Another great CohnReznick Webinar." —

The Details
Taught by Jeffrey Mechanick, Assistant Director, Nonpublic Entities, for the Financial Accounting Standards Board (FASB), key topics of our annual accounting update for not-for-profits will include:

  • Guidance available from the FASB on COVID-19-related financial reporting issues
  • Accounting considerations for the Paycheck Protection Program, and other COVID-19-related Federal assistance, under ASU 2018-08 and other applicable guidance
  • The FASB’s recent standard on the reporting of gifts-in-kind (ASU 2020-07)
  • Implementation guidance and tips regarding the leases standard (Topic 842) and the credit losses standard (Topic 326)
  • Recent standards and projects on Reference Rate Reform (the phase out of LIBOR) and goodwill
  • An upcoming invitation to comment on the FASB’s future agenda

The presentation will end with a Q&A session, so don’t miss this opportunity to have your questions answered directly by the FASB’s lead staff member for NFPs.

Please note the webinar will be played through your web browser. Speakers or a headset is required.

Recorded on July 29, 2021
Catherine Syslo
CPA, Director of Quality Control, CohnReznick            
Speaker
Jeffrey Mechanick
Assistant Director, Nonpublic Entities, for the Financial Accounting Standards Board (FASB)
Speaker
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