FASB Not-for-Profit Advisory Committee Holds September 2022 Meeting September 26, 2022 At its September 13, 2022, meeting, the FASB’s Not-for-Profit Advisory Committee (NAC) discussed the following topics: Implementation of standards since the March 2022 NAC meeting. Recent changes to the Conceptual Framework. Updates on the FASB’s projects on accounting for and disclosure of (1) software costs and (2) crypto-assets. Recent trends in the not-for-profit (NFP) sector and the FASB staff’s interactions with various NFP stakeholders, with a focus on financial statement users. For more information, see the meeting recap on the FASB’s Web site.