This lively fast-paced course will allow the attendees to gain a greater understanding of how the changes presented in ASU No. 2016-14, Presentation of Financial Statements of Not-for-Profit Entities, will impact both the auditee as well as auditors. This hands-on session will provide meaningful explanations and examples to those responsible for the preparation of not-for-profits financial statements. This session will also cover several case studies to apply the revised requirements in some of the more vexing reporting issues unique to not-for-profits.