Perspectives on new accounting standards for not-for-profits
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Perspectives on new accounting standards for not-for-profits

2 years ago · 4 min read

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All aboard! The last train is about to leave the station, departing from platform Accounting Standards Update (ASU) 2016-14—all not-for-profits must now be on board!

The time has come for the last of the adopters to implement FASB ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities. While it seems like this ASU has been on everyone’s radar for a long time already, time is up, and NFPs with a December 31, 2018 year-end or a fiscal year ending

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