ASU 2016-14 — Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities

The amendments in this Accounting Standards Update make improvements to the information provided in financial statements and accompanying notes of not-for-profit entities. The amendments set forth the FASB's improvements to net asset classification requirements and the information presented about a not-for-profit entity's liquidity, financial performance, and cash flows.

This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2015-230—Not-for-Profit Entities (Topic 958) and Health Care Entities (Topic 954), which has been deleted.

For more information, see the following:

Issued: August 18, 2016