New Accounting Standard for Nonprofit Entities
Learn more about the accounting standards update 2020-07 which impacts all nonprofits that receive in-kind donations.
About Kimberly McLaughlin
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But we are proud to say that Kimberly McLaughlin contributed 3 entries already.
Entries by Kimberly McLaughlin
Understanding the Financial Reporting Framework for Small- and Medium-Sized Entities
Accounting frameworks provide information on how to measure, recognize, present, and disclose the information included in an entity’s financial statements. There are various frameworks that businesses can elect to adopt, depending on their financial needs.
Preparing for a Financial Statement Audit
The objective of a financial statement audit is to provide assurance regarding the quantitative and qualitative aspects of a business or organization. Most organizations understand that financial statement audits happen – and for a myriad of reasons.
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