ON-DEMAND WEBINAR

Led by Jeffrey Mechanick, Senior Project Advisor - NFP Organizations for the Financial Accounting Standards Board (FASB), we will cover key topics in our annual accounting update for not-for-profit and educational organizations, including:

• Overview of what’s currently on the FASB’s technical and research agendas, highlighting projects affecting NFPs.
• The FASB’s current public agenda consultation.
• Recent Accounting Standards Updates (ASUs) on common control leasing arrangements and crypto assets; a pending ASU on applying the new credit losses standard (CECL) to short-term receivables.
• Current projects on software development costs and environmental credit programs.
• Recent discussions with the FASB’s NFP Advisory Committee on current financial reporting issues.
• Other recent ASUs and projects-in-process affecting NFPs.

This presentation ends with a Q&A session.

Recorded on July 17, 2025.

SPEAKERS

"CohnReznick" is the brand name under which CohnReznick LLP and CohnReznick Advisory LLC and their respective subsidiaries provide professional services. CohnReznick LLP and CohnReznick Advisory LLC (and their respective subsidiaries) practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations, and professional standards. CohnReznick LLP is a licensed CPA firm that provides attest services to its clients. CohnReznick Advisory LLC provides tax and business consulting services to its clients. CohnReznick Advisory LLC and its subsidiaries are not licensed CPA firms.