FASB’s Proposed Amendments for NFPs Reporting Nonfinancial Assets Feb 12, 2020On Monday, February 10, 2020, the Financial Accounting Standards Board (FASB) issued a... read more
Under FASB Vote, Effective Dates for Three Major Standards are Delayed Oct 18, 2019In response to the American Institute of Certified Public Accountants Private Companies... read more
New Guidance from FASB Impacts Not-for-Profit Goodwill May 30, 2019The Financial Accounting Standards Board (FASB) issued new guidance that will allow... read more
New FASB Guidelines Affect Not-for-Profit Contributions Apr 19, 2019The Houston Business Journal recently published an article written by PKF Texas Audit... read more
Under new FASB guidelines do nonprofits receive contributions from governments? Apr 18, 2019Although many in the industry do not believe governmental agencies provide... read more
The FASB Changes Public Companies Need to Know Nov 5, 2018Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen... read more
FASB Issues Targeted Improvements to New Lease Accounting Standard Aug 23, 2018The Financial Accounting Standards Board (“FASB”) recently issued Accounting Standards... read more
FASB Clarifies the Definition of a Business Feb 2, 2017The Financial Accounting Standards Board (“FASB”) recently issued Accounting Standards... read more
Update for Private Companies from FASB Mar 25, 2014Last week, the Financial Accounting Standards Board (FASB) issued a GAAP alternative... read more
3 Steps to Implement the New Lease Standard Feb 14, 2023Although the new lease standard were originally issued by the Financial Accounting... read more