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Tag: FASB

Top Issues for Non Profits in 2017

May 09, 2017
According to the AICPA, Cybersecurity tops the list of "big" issues facing nonprofits in 2017.

FASB's New Standard Aims to Improve Not-for-Profit Financial Reporting

Oct 25, 2018
After more than three years of debate, comment, and revision, the Financial Accounting Standards Board’s (FASB) much-anticipated Accounting Standards Update (ASU) 2016-14, Presentation of Financial Statements…

New FASB Standard Addresses Accounting for Grants and Contracts

Oct 25, 2018
On June 21, 2018, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions…