Frank Klimko is a veteran journalist with more than 30 years of experience covering federal, state, and local government regulation; agency news; and private philanthropy. As a webinar instructor, he has helped hundreds of listeners better position themselves for funding, burnish their applications, and get a firmer grip on the federal/private money tree. Klimko specializes in uncovering alternative and hidden grant opportunities.
In this day and age, it’s crucial for a business to understand what goes into financial statements and how to properly report finances. Writing reports is an essential part of the job for many of us – but writing effective, clear and concise reports that convey the key issues is a challenge. So what is your nonprofit doing to tell a clear story to those outside so that potential and existing donors can easily appreciate the good work you’re doing?
The Financial Accounting Standards Board (FASB) has released improved standards for nonprofit financial statement presentation. Called the “Presentation of Financial Statements of Not-for-Profit Entities”, it was first released in 2016. The FASB continues to update the guidance, and has overhauled the previous accounting standard to help nonprofits tell a clear financial story—a collective set of improvements for things that they thought could be better.
If like other nonprofits, you are also overwhelmed by the FASB overhaul – or about how you should say it right – this webinar is just what the doctor ordered. Join industry veteran Frank Klimko, who will walk you through the new FASB standards and show you how to become better at describing how you spend your money, use the right terminology, provide more transparency, reduce complexity, and more.
After attending this information-packed webinar, you will be able to clearly describe your financial picture so that people outside your organization—including donors, investors, grantors, watchdogs, etc.—can help you with the good work you’re doing.
The challenges that will be discussed in this webinar include:
Who Should Attend
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