Comment letter deadline on ED Accounting Standards Improvements for NFPOs
On February 1, 2017, the Accounting Standards Board (AcSB) issued an Exposure Draft proposing to revise and replace Section 4431, Tangible Capital Assets held by Not-for-Profit Organizations, Section 4432, Intangible Assets held by Not-for-Profit Organizations, and Section 4440, Collections held by Not-for-Profit Organizations.
Stakeholders are encouraged to submit their comments by May 31, 2017.