Читать книгу Annual Accounting and Auditing Workshop - Kurt Oestriecher - Страница 68

The volume of standards issued by the FASB not involving Revenue Recognition, Leases, and Financial Instruments has been on the steady decline. The Board’s focus on the simplification initiative has led to the issuance of several standards that ease financial reporting burdens. Not-for-profit entities should pay special attention to standards that address the specific financial reporting issues related to that segment.