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Nonprofit Financial Reporting Changes Your Organization May Be Required to Implement in 2019

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In the past few years, the Financial Accounting Standards Board released several new standards that affect nonprofit entities. A few of them are large and in-charge, and effective for fiscal year-ends in 2018 and 2019. Here we’ll discuss briefly the first standard that’s come due, ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities. This […]