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...

Non-Profit Changes Under House Bills 1420 and 1421

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...