Date:02.10.2016, 20:14 On December 23, 2013, the FASB completed this project with the issuance of Accounting Standards Update No. 2013-12, Definition of a Public Business EntityAn Addition to the Master Glossary. More information on this project can be found here. In addition, the FASB s NAC is supported by a standing Not-for-Profit Resource Group. WHY DOES THE FASB WANT TO HEAR FROM NOT-FOR-PROFIT STAKEHOLDERS? In order to improve U.S. GAAP and to consider the costs and benefits of proposed improvements, the FASB and its staff need to hear directly from (a) stakeholders of not-for-profit entities (NFPs) about the type of. Information provided in financial statements and notes about liquidity, financial performance, and cash flows. More information on this project can be found on the project page. OTHER PROJECTS RELEVANT TO NOT-FOR-PROFIT ENTITIES. Advise on other matters for which the FASB may seek guidance. NOT-FOR-PROFIT STANDING RESOURCE GROUP The FASB also has a standing Not-for-Profit Resource Group. Although the Board and staff may call on resource group members, its members primarily serve as a resource to the NAC. The principal responsibilities of the Committee are to: Provide focused input and feedback relating to (a) the need for and relative priority of proposed projects, (b) conceptual and practical implications of proposals under development in active projects, (c) practice issues, including implementation issues arising from new standards and potential areas for improvement pertinent to the NFP sector, and (d) longer-term.
Job Objective A summer internship in financial accounting with a large, public accounting firm. More Resume Tips 1995, 1996, 1997, 1998, 1999 The Write Place. This homepage was written by Judith Kilborn for the Write Place, St.