Blog Archives: 2017

7 Key Insights from the 2017 National Manufacturing Outlook and Insights Survey

Recently, the Leading Edge Global Alliance (LEA) released its 2017 National Manufacturing Outlook and Insights Survey.  LEA, of which Clark Nuber is a founding member, is the second largest international association of CPA Firms in the world, creating a high-quality alliance of 220 firms focused on accounting, financial and business advisory services.

To underscore the importance of the manufacturing industry, here are a few interesting things to note. According to the National Association of Manufacturers (NAM), U.S. manufacturing would represent the ninth largest economy in the world based on its total annual GDP of $2.17 trillion. Also, according to NAM’s calculations,

 » Read more

Big Changes Coming for Financial Reporting of Not-for-Profit Organizations – Part 7: Reporting on Investment Return

Recap

On August 18, 2016, the FASB issued Accounting Standards Update (ASU) No. 2016-14 “Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities.” ASU 2016-14 requires a number of changes to the financial statements of NFPs. These changes will be effective for fiscal years beginning on or after December 15, 2017.

This article is the seventh in a series discussing the changes required by ASU 2016-14. In this article, we discuss changes to the presentation and disclosure of investment return.

Background

U.S. GAAP currently provides not-for-profit organizations (NFPs) with options for reporting and disclosing investment return and the related investment expenses.

 » Read more

Media Contact

Melissa Takade
Director of Marketing
Clark Nuber
Phone: 425-454-4919
Contact Melissa

Blog Archives

  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013