Posts Tagged ‘Fran Brown’

Not-for-Profit Accounting and Reporting Issues By Brown and Jakosz

3 Key Not-for-Profit Accounting and Reporting Issues There have been many changes in not-for-profit accounting and auditing standards recently, along with other reporting developments and considerations. Here’s a look at three of the most significant issues your organization should be aware of. Non-financial Gifts-in-Kind Many not-for-profit organizations rely on donations of nonfinancial gifts-in-kind (GIK) —…

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New Financial Statement Model By Fran Brown

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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