December 2021
To comply with recent implementation deadlines, nonprofit organizations have had to make a number of changes to their fair value measurement disclosures. Changes to the disclosure requirements made by the Financial Accounting Standards Board were issues that impact fair value measurement under ASU 2018-13. These changes provided nonprofit leaders with an opportunity to shorten their overall fair value measurement disclosures, making their accounting and financial reporting processes easier. But what does that mean for your nonprofit's reporting processes? Here's a quick overview of the ASU and its impacts on nonprofits.
