The latest FASB Accounting Standards: “How do I characterize thee? Let me count the ways: Fish or fowl; reciprocal or nonreciprocal; conditional or unconditional?”

There have been a lot of changes in the accounting practices for nonprofits over the past couple of years.

FASB’s New Financial Reporting Rules for Nonprofit Organizations | What You Need to Know

On August 18, 2016, the Financial Accounting Standards Board (FASB) issued new rules for nonprofits: “...

Taking the Mystery Out of Filing Comments on Proposed Rules

When you hear about “new proposed federal regulations,” you may immediately think: “I need to learn all about these new regulations so our nonprofit doesn’t get into trouble!” But it’s very unlikely that the proposed rules you heard...