The American Institute of CPAs is asking the Treasury Department and the Internal Revenue Service to modify their guidance on catch-up contributions in the wake of the SECURE 2.0 Act of 2022 ...
For-profit entities are permitted to use the not-for-profit conditional contribution accounting model to account for Paycheck Protection Program loans. The accounting requires reasoned judgment, ...
What Is Fund Accounting? Definition, Importance and How It Works Your email has been sent Fund accounting is an accounting system that’s used by nonprofit organizations or government entities. Learn ...
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