Changes to FASB Standards May Affect Nonprofits
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October 2024 The Financial Accounting Standards Board (FASB) routinely updates its standards on a variety of issues. Controllers, accountants and others must remain updated on the latest developments to make sure their accounting practices meet the latest Generally Accepted Accounting Principles (GAAP). Most of the recent changes to FASB standards have not had much direct impact on nonprofit organizations. View the full article here.
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