Behind the Numbers: The Problem with Nonprofit Accounting Rules

Accounting for multi-year grants or pledges, or for a single-year grant that extends into the next fiscal year, can be a challenge for nonprofits. This article by Eric Fraint explains FASB’s Standard #116 – Accounting for Contributions Received and Contributions Made.
 Behind-the-Numbers-Multi-Year-Accounting (Adobe Acrobat PDF, 45KB)

Access our Staying Afloat Resources & Webinars!