Today we're joined by SVCF's COO and CFO Paul Velaski and Moss Adams Partner Liz Dollar to discuss the Financial Accounting Standards Board's updates to the accounting standards for nonprofit entities.
Paul and Liz start off by outlining the update's primary objective: updating accounting reporting models for nonprofits. Liz walks us through some of the major changes to reporting, which by and large should have a positive effect on the nonprofit sector. We cover early adoption of these standards, how disclosure requirements will change, and why accounting should be easier thanks to these updates.
Access the full show notes at siliconvalleycf.org