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ASU Implementation Update
Non-profit entities should be aware of two important changes in implementation deadlines for the ASU Standards listed below:ASU 2016-02, “Leases (Topic 842),” is now effective for the financial...
FASB Webcast on Grants and Contracts Standard
On Friday, September 14, 2018, the Financial Accounting Standards Board (FASB) will host a webcast (2 CPE credits) entitled "Understanding and Implementing FASB’s New Grants and Contracts Standard."...
FASB Update: Clarification and Improved Guidance for Non-Profit Grant and Contribution Accounting
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU Topic 958) that clarifies and improves the scope and accounting guidance for contributions of cash and...
Proposed FASB Update: Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made
Why Is This Exposure Draft Being Issued? The Financial Accounting Standards Board (FASB) has issued an Exposure Draft entitled Topic 958: Clarifying the Scope and Accounting Guidance for...
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