Contributions – Revenue Recognition and Related Matters – AcSB
Date recorded:
At its meeting on April 26, 2022, the AcSB began discussing feedback received from stakeholders, including its Not-for-Profit Advisory Committee, on recent amendments to Section 3400, Revenue related to accounting for upfront non-refundable fees or payments. The Board plans to continue this discussion at its May 2022 meeting.
Review the Executive Summary on the AcSB's Web site.