On 10-23-13, FASB tentatively decided to require NPOs to use the direct method when preparing a statement of cash flow.
You can see the discussion here.
My summary of some other minor changes:
- Donor contributions with restrictions for long-term assets would be an operating cash flow instead of financing.
- Outflows to meet those restrictions would likewise be operating instead of financing.
- Investment income would be investing cash flow instead of operating.
These items will show up in a future ED. Lots of other issues are on the table for future discussion.
(Thanks to Bill for the tip.)