FASB has issued its long-awaited lease accounting standards update that impacts non-profits. The update aims to improve financial reporting about leasing transactions and will affect all non-profit...
Most recently, the Financial Accounting Standards Board (FASB) has tentatively affirmed items regarding financial statements for the proposed FASB Accounting Standards Update, Not-For-Profit Entities,...
The IRS Form 990 annually provides comprehensive details on an organization’s financial results and its activities. A key section of the IRS 990 Form is Part VI and the importance of governing body an...
The Internal Revenue Service (IRS) has announced a change in how non-profit organizations annually file their IRS Form 990-N Electronic Notice (e-Postcard) for Tax Exempt Organizations that are not re...
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