Contributions vs exchange transactions for nonprofits: What accountants need to know about ASU 2018-08
Contributions vs exchange transactions for nonprofits: What accountants need to know about ASU 2018-08

If you're a nonprofit accounting professional, here's what you need to know about ASU 2018-08 and how it distinguishes between exchange transactions and various types of contributions made by nonprofit organizations....

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7 steps to convert cash basis to accrual basis accounting
7 steps to convert cash basis to accrual basis accounting

As your organization grows, you may need to learn how to convert cash basis accounting to accrual basis accounting. Here are 7 steps you should follow…...

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