FASB Standards: Nonprofit Accounting Rules
folder_openFinancial Management for Nonprofits, Nonprofit Terms
The Financial Accounting Standards Board (FASB) is an independent, private-sector organization that establishes and improves accounting standards for entities that operate in the United States. Its mission is to ensure that financial reporting provides useful, clear, and consistent information to investors, donors, creditors, and other stakeholders. For nonprofits, FASB is the authority that defines how…
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