- NY Credits : 1.0
- TX Credits : 1.0
Impact of the New Nonprofit Reporting Model
Upon completion of Impact of the New Nonprofit Reporting Model, the user should be able to:
recognize why the FASB released the guidance in ASU 2016-14 for nonprofit reporting models and to which types of nonprofit entities it applies,
identify when ASU 2016-14 will become effective, and
recognize the changes in the number of net asset classes under the new guidance.