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04 Oct

Deadline Looming for New Nonprofit Revenue Recognition Standards

The New Nonprofit Revenue Recognition Standards | Spire Group, PC Updated Financial Accounting Standards Board (FASB) revenue recognition guidelines will go into effect for most nonprofits beginning December 15, 2018. These new standards will require nonprofits to adjust their accounting procedures for certain transactions with their customers. FASB’s updated standards deal with reciprocal or “exchange” […]

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