FASB releases guidelines for reporting gifts-in-kind
Posted by Babita Sherchan, Partner, Assurance Services on Feb 8, 2021
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The Financial Accounting Standards Board (FASB) has released Accounting Standard Update (ASU) 2020-07, Not-for-Profit Reporting of Gifts-in-Kind. The purpose of the ASU is to improve GAAP reporting...
Over the last six months our Construction Industry team here at Lane Gorman Trubitt has been working on producing an informative video series covering the new revenue recognition guidance and how it...
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