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FASB to Define Nonpublic Not-for-Profit

Re-codification, international standards, increasingly complex organizations structures: FASB has certainly been busy of late. Changes like those mentioned above have kept the standard setters on their toes. Stephen Doneson, a professional in our Jenkintown office, recently wrote an article for the EisnerAmper newsletter Trends & Developments regarding FASB’s project to define one big topic of contention: the nonpublic entity.

You can find out about the project; check out a summary of observations highlighted from FASB’s Not-for-Profit Advisory Committee meeting from September 6 and 7, 2012; and see links to more information here.

Stephen Doneson is an Audit Manager in the Audit and Assurance and Pension Services groups with SEC financial statement audit experience for both public and private companies in the technology, manufacturing, distribution, and insurance industries.

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