Focus on the Financial Statements – Opportunities to Improve NFP

Not-for-profit organizations are expected to report clearly and comprehensively on their financial position and performance. However, many organizations face unprecedented challenges in financial reporting in today’s environment. Transactions are more complex, economic and regulatory forces demand higher-quality reporting, and U.S. GAAP requirements continue to evolve. Brian Zygmunt, CPA, and Jennifer Richards, CPA, of Crowe will cover options and suggestions that not-for-profit organizations can consider to make their financial statements more clear and concise without sacrificing quality, and will explore common financial statement errors.