VIDEO: Nonprofit Financial Reporting – Liquidity and Availability Disclosure Requirements
We’re happy to present the fourth video in a series that covers various aspects of the changes to nonprofit financial reporting. If you’re looking for information about Functional Expenses, Investment Expenses, or the Statement of Cash Flow, check out our previous three videos.
In this video Paul Preziotti, Principal discusses the changes concerning the financial reporting of liquidity and availability disclosure requirements.
The Not-for-Profit Financial Reporting Standard was issued in August 2016 and is effective for audits for calendar year-end December 31, 2018 and fiscal year ending in 2019. Learn more about this standard and how it impacts your organization by watching this short video (less than two minutes):