In Brief – Consultation Paper, Contributions – Revenue Recognition and Related Matters
Jun 08, 2020
On June 8, 2020, the Accounting Standards Board (AcSB) released an overview of the AcSB’s Consultation Paper “Contributions – Revenue Recognition and Related Matters”.
The AcSB is committed to improving accounting standards for NFPOs, recently releasing its Consultation Paper, Contributions – Revenue Recognition and Related Matters. This Paper aims to gather feedback from NFPO stakeholders on the challenges of applying the existing contributions guidance.
Review the In Brief on the AcSB's website.