Not-for-Profit Financial Reporting Changes

Summary Report of ASU 2016-14



While the FASB works to address current issues regarding not-for-profit financial reporting, not-for-profits will now have additional tracking and disclosing responsibilities they must be aware of to stay in compliance. Recently released ASU 2016-14 is effective for fiscal years ending December 31, 2018 and extends reporting standards to all not-for-profit entities.


The experts at Freed Maxick CPAs are pleased to offer a summary report of ASU 2016-14.

Complete and submit the form for an immediate download.