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. And if you’ve already implemented the changes below, you’re in luck because the FASB did specify that early adoption of these standards is okay.

Accounting Standards 98

Accounting Standards Accounting GAAP Nonprofit 98

The Finance Weekly

APRIL 6, 2024

This accounting principle offers an insightful perspective into a business's worth , underlining the importance of financial reporting in today's market dynamics. NBV – Balance Sheet Relationship NBV plays an essential role, especially in the valuation of Property, Plant, and Equipment (PPE) on the balance sheet.

GAAP 52

GAAP Accounting Principles Financial Reporting Accounting Standards 52

Bramasol

JUNE 10, 2022

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

Accounting Principles 86

Accounting Principles IFRS SAP Accounting 86