The Financial Reporting Executive Committee (FinREC) of the AICPA has issued a working draft of the accounting content of a proposed Audit and Accounting Guide Not-For-Profit Entities. This proposed guide addresses many new accounting issues that have emerged over the years and includes guidance

Source: http://feedproxy.google.com/~r/AICPA_FinancialReportingCenter/~3/VoRHyxi81Mw/NotForProfitOverhaul.aspx
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