FASB Proposes Changes in Accounting for Not-for-Profits

by CPA Practice Advisor | Jan 09, 2019   ()
The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) that would reduce the cost and complexity of accounting for goodwill and measuring certain identifiable intangible assets for not-for-profit organizations. Stakeholders are encouraged to review and provide input on the proposed ASU by February 18, 2019.

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Source: CPA Practice Advisor

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