Accounting Principles, Accounting Standards, Auditing and Valuation

Updated Accounting Standards for In-Kind Donations (2022)

The Charity CFO

MAY 10, 2022

If your nonprofit uses donations of supplies, services, and even time to help fund your operations, you need to know about recent changes in accounting standards for in kind donations. Typically, a CPA would prepare these statements as part of a yearly review or audit. What exactly is changing about in kind donation reporting?

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Updated Accounting Standards for In-Kind Donations (2022)

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