Transcription of Not-for-Profit Entities (Topic 958) - FASB
{{id}} {{{paragraph}}}
Example: air traffic controller
Not-for-Profit Entities (Topic 958) - FASB
No. 2020-07. September 2020. Not-for-Profit Entities ( topic 958 ). Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets An Amendment of the FASB Accounting Standards Codification . The FASB Accounting Standards Codification is the source of authoritative generally accepted accounting principles (GAAP) recognized by the FASB to be applied by nongovernmental Entities . An Accounting Standards Update is not authoritative; rather, it is a document that communicates how the Accounting Standards Codification is being amended. It also provides other information to help a user of GAAP understand how and why GAAP is changing and when the changes will be effective.
958-205-45-36 An NFP shall present contributed nonfin ancial assets as a separate line item in the statement of activities, apart from contributions of cash and other financial assets, as discussed in paragraph 958-605-45-7A. 6. Amend paragraphs 958-205-55-13 through 55-17 and 958-205-55-21, with a
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: