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Not-for-Profit
in focus
On June 21, 2018, FASB issued an Accounting Standards Update (ASU 2018-08) intended to clarify and improve the scope and the accounting guidance for contributions received and made, primarily by not-for-profit organizations. For more on this ASU visit this
FASB In Focus article
.
Impact of ASU 2016-14 on Financial Statement Presentation of Not-For-Profit Entities
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Heather Lindquist
Assistant Director, Peer Review & Professional Standards | 312.517.7624