Contributions vs Exchange Transaction for Not-for-profits

By |2020-11-13T17:06:43+00:00June 26th, 2018|Accounting Standards|

On June 21, 2018, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made.