ASNPO – Proposed changes to the accounting for contributions by not-for-profit organizations
Advisor AlertThe Accounting Standards Board issued an Exposure Draft proposing changes to the Accounting Standards for Not-for-Profit Organizations.
Here’s to the change-makers, the believers and the community-builders. Charities and not-for-profit organizations truly stand apart from the crowd. In today’s complex and competitive world, you need to be more innovative and cost-effective than ever to serve your constituents. It takes a sharp focus on systems, strategies and processes to reach and engage your diverse audiences.
Whether your focus is health, education, faith, membership or any number of other important mandates, people are at the heart of what you do. Just as your community, clients, members, volunteers, donors, funders and employees are counting on you to make a difference, you count on Grant Thornton to make a difference for your organization.
Over and above the knowledge and experience our advisors have, we are great listeners, quick learners, and team players. And as part of a global network, we can stay on top of emerging issues and opportunities.
From operations and financial reporting to strategic planning and risk management, we bring a holistic view to helping maximize your impact. We understand the forces of change taking place around you, and will develop forward-looking systems and strategies that are tailored to your unique mandate.
No matter the type of not-for-profit or charitable organization, or the size or scope of your organization—we can help you deliver on your promise. The reason is simple: we are as passionate about your mission as you are.
The Accounting Standards Board issued an Exposure Draft proposing changes to the Accounting Standards for Not-for-Profit Organizations.
This publication summarizes the 2019 amendments for upfront fees and considerations for entities in light of the AcSB’s decision to defer the effective date.
How companies structure charitable donations can be as important as the amount given—both for the charity and for the donor. In this article we discuss this and other factors to consider when giving back.