The format of the financial statements of not-for-profits is about to undergo significant changes. Implementation will undoubtedly require planning and early communication with your accounting firm. We will keep you updated regarding the latest proposals and implementation recommendations for your organization as new standards are approved. The latest version of the proposed changes is available for review and feedback.
- Read more about the newest proposal.
- Comments can be made directly to FASB regarding the proposal through August 20 by visiting their website.