Hui-Ting Grady New Revenue Recognition Accounting for Nonprofits: Contribution or Exchange Transaction? On June 21, 2018, the Financial Accounting Standards Board (FASB) issued a final Accounting Standards Update (ASU) 2018-08, Not-For-Profit Entities (Topic 958): Clarifying the Scope... November 6, 2019
Hui-Ting Grady 2019 UFR Update: AAFCPAs Outlines Significant Changes The Operational Services Division (OSD) of the Executive Office for Administration and Finance just released its FY 2019 UFR Audit and Preparation Manual, FY 2019... July 29, 2019
Hui-Ting Grady Statement of Cash Flow Considerations for Nonprofits Implementing the New Financial Statement Presentation Framework AAFCPAs advises nonprofits in assessing the impact of the new Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit... August 13, 2018
Accounting Standards Updates Investment Return Considerations for Nonprofits Implementing the New Financial Statement Presentation Framework AAFCPAs advises nonprofits in assessing the impact of the new Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of... August 7, 2018
Accounting Standards Updates Underwater Endowment Considerations for Nonprofits Implementing the New Financial Statement Presentation Framework AAFCPAs advises nonprofits in assessing the impact of the new Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of... July 30, 2018
Accounting Standards Updates Expense Reporting Considerations for Nonprofits Implementing the New Financial Statement Presentation Framework AAFCPAs advises nonprofits in assessing the impact of the new Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of... July 25, 2018
Hui-Ting Grady OMB Clarifies Applicability Date for Micro-Purchase and Simplified Acquisition Thresholds Increase The Uniform Guidance (UG) was issued in 2013 by the U.S. Office of Management and Budget (OMB) and effective on December 26, 2014 for all... July 13, 2018
Accounting Standards Updates FASB Issues Revenue and Expense Recognition Standard for Nonprofit Grants and Contributions On June 21, 2018, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and... June 25, 2018
Accounting Standards Updates Net Asset Classification Considerations for Nonprofits Implementing the Financial Statement Presentation Standards AAFCPAs advises nonprofits in assessing the impact of the new Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of... May 4, 2018