Yearly Archives: 2018

Are You Ready to Comply with New FASB Guidelines?

WHAT THE NEW FASB NONPROFIT ACCOUNTING GUIDELINES REQUIRE: ON RESTRICTED CONTRIBUTIONS, FUNCTIONAL EXPENSES, AND “EYE-OPENING” DISCLOSURES With the replacement of temporarily and permanently restricted categories for reporting contributions and related net assets, enhanced disclosures require nonprofits to describe more about how restrictions affect the USE OF RESOURCES. In

Posted in Non Profits

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