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Danger! Additional Monitoring Ahead: The New Uniform Grant Guidance Category for Not-for-Profits

As not-for-profits wind down the current year and solidify planning for the upcoming year, there is a new category to add to your checklist, subrecipient

Business Combinations: The Simplification with Accounting Standard Update (ASU) No. 2015-16

The Financial Accounting Standards Board just released Accounting Standards Update (ASU) No. 2015-16 – Business Combinations – Simplifying

Not-for-Profit Reporting Model - Part 6: Measuring and Disclosing Liquidity

The Financial Accounting Standards Board (FASB) issued an exposure draft on the financial statement presentation of not-for-profit (NFP) entities this

Items to Consider in Lease Negotiations

When entering into a commercial lease agreement, there are a few common mistakes made in the negotiation process that are avoidable, and could be impactful
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Measurement of Inventory - Is FASB Making it Simple?

In July 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-11, Simplifying the Measurement of Inventory.

Not-for-Profit Reporting Model - Part 5: Investment Return Accounting Changes

The proposed Accounting Standards Update on the Presentation of Financial Statements of Not-for-Profit Entities put forth by the Financial Accounting Standards

2015 AICPA SOC School

The American Institute of Certified Public Accountants (AICPA) Service Organization Control (SOC) School - Advanced Guidance for Successful Engagements

FASB Issues Final Standard Toward Simplifying Employee Benefit Plan Reporting

As part of its Simplification Initiative, the FASB issued Accounting Standards Update (ASU) No. 2015-12, Plan Accounting: Defined Benefit Pension Plans
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Audit
Brian Matthews | 7.10.2015

FASB Approves One Year Deferral for the New Revenue Recognition Standard

On July 9, 2015, the FASB approved a one-year deferral of new revenue recognition guidance that was originally issued in May 2014. Accounting Standard

Not-for-Profit Reporting Model - Part 3: Measuring Performance

In Part 1 of our NFP Reporting Model series, we discussed FASB's proposed ASU on the presentation ot financial statements of not-for-profit entities
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