AcSB In Brief in respect of its Exposure Draft, Contributions – Revenue Recognition and Related Matters
Apr 06, 2023
On April 6, 2023, the Accounting Standards Board (AcSB) issued an In Brief document which provides a plain and simple overview of the AcSB’s Exposure Draft, “Contributions – Revenue Recognition and Related Matters”.
The Exposure Draft proposals aim to improve financial reporting by not-for-profit organizations by creating guidance that will result in financial statements that are less complex and more comparable for financial statement users.
Review the In Brief document on the AcsB’s website.
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