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What's New in Accounting Standards (Not-for-Profit Conference)

CPE

CPE Credits
1-A&A

Details

 Pricing

PICPA Member: $29 | Nonmember: $39


 More Information

Course No.
ON-DEMAND
Level
Update
Prerequisites
None
Note

You will have up to 90 days after the date of purchase to complete the course and take the exam.

Description

If you attended Not-for-Profit Conference on May 14-15, 2018 this course would be considered a duplicate and cannot be used towards your CPE requirement.

 

Click play to earn CPE!

In this session Richard Cole will provide an overview of recently issued accounting standards that impact not-for-profits including Presentation of Financial Statements of Not-for-Profits, Leases, Revenue Recognition, Improving the Presentation of Pension Costs, and other recently issued standards and project.

  • Quick reminder: What hasn’t changed
  • Financial Reporting Model introduction (effective 12/31/18)
  •  Revenue Recognition introduction (effective 12/31/19)
  •  Lease Accounting introduction


Speaker(s)

Richard A Cole
FASB Project Manager

Rick Cole is a Project Manager at the Financial Accounting Standards Board (FASB).  In that role, he provides oversight to projects involving not-for-profit organizations (NFPs), consults on other projects affecting NFPs (e.g., Leases), and participates in some of the FASB’s broader outreach activities.  He is the Project Manager on the FASB’s current Financial Statements of Not-for-Profit Entities project and also provides staff support for the FASB’s Not-for-Profit Advisory Committee.

Prior to joining the FASB, Mr. Cole was the Vice President and Controller at the American Museum of Natural History in New York, where he worked for over seven years, and before that was a senior manager with KPMG LLP, where he worked for over fourteen years and specialized in audits of higher education institutions and other NFPs.   Mr. Cole earned a BS and an MBA from Montclair State University.  He is a member of the AICPA and the New York State Society of CPAs.


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