Nonprofit Entities: New Reporting Rules Will Affect Your Financial Statements

Written by Patrick Bowman, CPA On August 8, 2016, the Financial Accounting Standards Board issued new rules for nonprofits, FASB Accounting Standards Update 2016-14, Presentation of Financial Statements of Nonprofit Entities in an effort to make the financial statements more useful to end users. Not only does this make information more useful, but it also […]

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