FASB Update For NFPs

4.6 (166)

Lucas LaChance

Lane Gorman Trubitt, LLC

  • CMA
  • CPA

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Before starting this self study program, please go through the instructional document.


  • ASU 2016/02 Leases
    2 mins
  • Classification of Leases
    9 mins
  • Recognition and Measurement - Lessee
    22 mins
  • ASU 2016/03 Financial Instruments Credit Lossed
    37 mins
  • What is ASU 2018-08 Hoping to Resolve?
    49 mins
  • Related to the Purpose of the Agreement
    57 mins

Course Description

It is the modern-day requirement for the professional to remain continuously updated with the latest happenings in the law. This webinar came up with the aim of fulfilling the requirements of such a cutting edge professional who want to continue to endeavor to serve the best to the clients in the accounting tax and federal developments. This webinar is specifically focused on not-for-profits. 

Though it has been a relatively slow year for the FASB in 2020, there are still a number of major accounting standards that are in progress or being implemented, and the FASB’s technical agenda indicates that there are several more impactful potential standards on the way. This webinar is a roundup of noteworthy accounting standards that impact the not-for-profit community.

Key Topics included in the webinar:

  • Identifying the key ASUs impacting not-for-profits
  • Exploring how key ASUs influence the not-for-profits
  • Recognize the ASUs on the horizon in the FASB’s agenda
  • Exploring how the ASUs may potentially affect the not-for-profits

This webinar will be a key input provider for the practitioners supporting NFPs with 

Learning Objectives

  • To be familiar with the significant ASUs in progress that impact NFPs
  • To explore recent guidance revising NPO financial statements and treatment of Net Assets
  • To review the latest tax rules and regulations pertaining to not-for-profits, including Form 990
  • To recognize what key ASUs are on the horizon in the FASB’s technical agenda

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Bookkeepers & Accountants & Tax Preparers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA





Easy to sign up and join the webinar. Always a wide variety and relevant topics to choose from.


The knowledge of the upcoming guidance is superior.


Great seminar.


Great presenter! He made a FASB update interesting and was great at showing how the changes will apply. Thanks!


This is a great platform for filling CPE requirements. I've been able to join webinars that are relevant and engaging. Great tool for CPA's.


Great refresher