Johnson Lambert LLP is dedicated to keeping you current on the impact of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (ASC 606) and Accounting Standards Update (ASU) 2018-08, Not-for-Profit Entities (Topic 958) Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. This white paper presents the most significant changes of applying the requirements of these standards to not-for-profit (NFP) revenue transactions.
October 7, 2019
Revenue Recognition for Not-for-Profit Organizations
Revenue Recognition for Not-for-Profit Organizations
Johnson Lambert LLP is dedicated to keeping you current on the impact of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (ASC 606) and Accounting Standards Update (ASU) 2018-08, Not-for-Profit Entities (Topic 958) Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. This white paper presents the most significant changes of applying the requirements of these standards to not-for-profit (NFP) revenue transactions.