Pennsylvania H.B. 2484 Now Signed Into Law Increases Endowments for Non-Profits
On July 23, Pennsylvania Governor Tom Wolf signed into law Pennsylvania H.B. 2484, which modifies sections of the Commonwealth’s Nonprofit Corporation Law of 1988 and the Probates, Estates and...
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...
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