Conference room table set up with documents, laptop
Resources

Liquidity and availability of resources: evolution of the disclosures

Feb 14, 2023 · 3 min read

SECTION

EXCLUSIVE

As with implementation of any standard, it is a recommended practice to take a moment and review any best practices that have evolved within the industry. One of the disclosures that not-for-profit entities (NFPs) continue to pay close attention to under FASB Accounting Standards Update (ASU) No. 2016-14, Presentation of Financial Statements of Not-for-Profit Entities, is that related to the liquidity and availability of financial assets.

The ASU requires NFPs to provide both qualitative and quantitative information about liquidity

Reserved for NFP Section Members

Already a NFP Section Member?

Log in with your account
 
Forgotten email
Forgotten password

Not a NFP Section Member?

To gain access to exclusive content, your first step is to join the AICPA & CIMA.

Discover the benefits of:

Related content

}