Changes in annual not-for-profit financial statements prescribed in Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities (ASU 2016-14) will affect substantially all NFPs. They are designed to provide more relevant information about an organization’s resources, and the changes in … Continue reading
Monthly Archives: June 2018
Kentucky House Bill 487 includes provisions related to expanded sales tax regulations. This bill does apply to nonprofit organizations and is effective July 1, 2018.