On October 28, 2020, the Financial Accounting Standards Board (FASB) released a FASB Staff Educational Paper (the Paper) to help stakeholders apply borrower’s accounting for debt restructuring and modifications.
On September 17, 2020, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) No. 2020-07, Not-for-Profit Entities (Topic 958), Presentation and Disclosures by Not-for-Profits Entities for Contributed Nonfinancial Assets.
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