Humentum, a global nonprofit, and the Chartered Institute of Public Finance and Accountancy introduced the International Non-Profit Accounting Standard on Monday after working to develop it for six ...

The Financial Accounting Standards Board released an accounting standards update Thursday to enhance the transparency of how nonprofits report contributed nonfinancial assets, also known as "gifts in ...

It is time for nonprofit accounting standards to recognize the concept of “philanthropic equity.” For too long, donors have looked at nonprofit financial statements and believed that as much money as ...

Fund accounting is an accounting system that’s used by nonprofit organizations or government entities. Learn more about its importance and how it works. Fund accounting is a bookkeeping system. It is ...