NYN Insights Podcast with Lee Klumpp of BDO on FASB’s accounting standards update
The Financial Accounting Standards Board (FASB) recently released the Accounting Standards Update for Not-for-Profit Entities and Health Care Entities touted as the biggest change in accounting standards for nonprofits in more than two decades. Lee Klumpp, National Assurance Director in BDO’s Institute for Nonprofit Excellence, joined us to discuss why the changes were made and what you’re going to need to do to fix your financial statements.
New York Nonprofit Media regularly interviews nonprofit leaders to discuss their professional experience, lessons learned, perspectives on the industry and more. To recommend a candidate for our CEO Corner, contact Dan Rosenblum at drosenblum@nynmedia.com.
If you don't see our podcast on iTunes, it should appear once you subscribe to the NYN Media Insights channel. You can also listen to our podcast via the embedded player above, using Stitcher on your web browser, or via your podcast app on iPhone and Android. Search for NYN Media Insights.