Understanding of the New FASB Accounting Standard for Nonprofit Entities: Presentation of Financial Statements (Second Webinar)
To accommodate interested attendees who cannot attend the firm’s October 4 webinar on the topic, Gelman, Rosenberg & Freedman Audit Partners Andreas Alexandrou and Walter Derengowski held a webinar on Thursday, November 10 from 11 a.m. to 12 p.m. to provide an overview of the FASB Accounting Standards Update No. 2016-14, Not-For-Profit Entities (Topic 958): Presentation…
Understanding of the New FASB Accounting Standard for Nonprofit Entities: Presentation of Financial Statements
Gelman, Rosenberg & Freedman Audit Partners Terri McKnight and Amy Boland led a webinar that provided an overview of the FASB Accounting Standards Update No. 2016-14, Not-For-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities. The webinar discussed the timeline and changes necessary to comply with the financial statements.
Property Management Under Uniform Guidance
The Federal Government provides more than $500 Billion each year in grants to the non-federal sector. Recipients of these grants that purchase equipment with their funds, are required to comply with the property management standards under the new Uniform Guidance, various reporting requirements, inventory and depreciation tracking, minimum insurance coverage and disposal regulations. Such regulations…
Auditee Responsibilities Under Subpart F of the Uniform Guidance
Nonprofit Audit Partners Terri McKnight, Amy Boland and Jennifer Arminger led a webinar on Auditee Responsibilities Under Subpart F of the Uniform Guidance. Among the topics discussed was: OMB Objectives for the development of Uniform Guidance Uniform Guidance components General provisions Audit requirements Basis for determining federal awards Auditee requirements An illustrative SEFA (with notes) Auditor…
OMB Grant Reform – 2 CFR 200 Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards
This presentation on OMB Grant Reform – Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards was delivered by Gelman, Rosenberg & Freedman CPAs via webinar on September 30, 2015. Please note the slides reflect an update related to Federal Register Notice 80 FR 54407, published on September 10, 2015. The Council on…