The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities. The following article FASB in Focus provides an overview of this new standard.
Created by: Cosley Campbell
Modified on: Tue, Feb 4, 2020 at 2:35 PM
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