Posts Tagged ‘FASB ASU 2016-14’

The New Financial Statement Model and What Nonprofits Need to Know About FASB ASU 2016-14 The nonprofit financial statement model changes are finally here. FASB Accounting Standards Update (ASU) 2016-14 is the most significant update to nonprofit financial reporting standards in 25 years, and it is in effect for fiscal years beginning after December 15,…

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