Donations are the life blood of nonprofits that help them survive and fulfill their missions. Proper accounting of donations helps an organization understand where its support is coming from and the ...

Nonprofit organizations are entities that perform charitable services by accepting funds from the general public. To help regulate activities and encourage the proper use of funds, accounting ...

The Financial Accounting Standards Board released its long-awaited accounting standards update for not-for-profit financial reporting, albeit with scaled back ambitions to keep the standards for ...

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Nonprofit organizations and their accountants may want to adopt Financial Accounting Standards Board’s new standard for not-for-profits early before they have to begin adjusting to some of the other ...

You need to be as rigorous in vetting nonprofits for accounting chicanery as you are with public companies trading on the stock exchanges. Disabled American Veterans, or DAV, is a 96-year-old ...

FASB issued an Accounting Standards Update (ASU) clarifying when a transfer of cash or other assets received and made, primarily by not-for-profits, qualifies as a contribution or an exchange ...

Passage of the Health Care Reform Act in March has caused a dramatic increase in merger and acquisition volume within the healthcare services market. Now that the bill has become law, not-for-profit ...