New ASU Alters Landscape for Gifts-in-Kind Nonfinancial Assets

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In a preview of his presentation at the July 12-13 PICPA Not-for-Profit & Government Accounting Conference, Rick Cole, partner with BKD CPAs & Advisors, discusses the new Accounting Standards Update related to gifts-in-kind nonfinancial assets. Among other issues, he touches on how contributed nonfinancial assets are presented on financial statements and the timing of when the new ASU will go into effect.

To read the full transcript click here.

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