Monday, June 6, 2016

Phase 1 of NFP Entities Project

http://www.bkd.com/docs/pdf/Phase-1-Items-Complete-on-NFP-Financial-Statement-Project.pdf he Financial Accounting Standards Board is proceeding with a final standard on Phase 1 of the Financial Statements of Not-for-Profit (NFP) Entities project, which is expected to be released by the end of summer. This paper covers the last of the Phase 1 tentative decisions. The preliminary decisions reached in February are located here http://www.bkd.com/docs/pdf/NFP-Financial-Reporting-Preliminary-Decisions-Reached-Through-February-2016.pdf