Fundamentals for Nonprofits

FASB Accounting Standards Update

In 2016, FASB issued updates and guidance to simplify and improve the information presented in financial statements. In the brief videos below and downloadable decks, NFF's Alice Antonelli and Meadow Didier clarify exactly what's changing, what this means for your organization, and how to use these changes to better tell your organization's financial story.

FASB Updates: What You Need To Know


Net Assets, Expenses, and Liquidity


Revenue Recognition for Grants and Contracts


Lease Updates


Additional Resources