Archive for the ‘Not-For-Profit’ Category

Changes to grant and contribution accounting standards may finally give nonprofits clarity

Earlier this month, the Journal of Accountancy published this article about the rule changes proposed by FASB. If the rules are approved as proposed, accounting guidance would change for contributions received and made by nonprofits. This has been a long-time area of concern for many¬†nonprofits. ARB’s Not-for-Profit Group enthusiastically awaits more details and will watch […]