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Randy Walker & Company, P. C.

At Randy Walker & Company, P.C., we believe that part of our promise to you is to keep you informed. Besides our open communication, we also provide you the articles below that will guide you through some of the hot topics and address some frequently asked questions.

Category: Annoucements

FASB Proposes Major Changes to Not-for-Profit Reporting Rules

In its first major rewrite since 1993, the Financial Accounting Standards Board (FASB) is proposing to “refresh” accounting standards geared toward how not-for-profit organizations report their financial information. On Wednesday, the FASB issued an Accounting Standards Update, Presentation of Financial Statements of Not-for-Profit Entities, which contains recommended enhancements to the current financial reporting model for

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