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Accounting & Auditing Alert February 2019


RubinBrown's Accounting & Auditing Alert is published monthly to inform our clients and contacts about relevant technical accounting and audit-related information.


FASB Proposes Alternative To Accounting For Goodwill And Certain Identifiable Intangible Assets For Not-for-Profit Entities

FASB recently issued an Exposure Draft related to potential changes to the treatment of goodwill and certain other intangible assets for not-for-profit entities that would allow not-for-profit entities the same accounting alternatives made available to private for-profit companies.


GASB Issues Proposal For Implementation Guide On Fiduciary Activities

The GASB issued GASB No. 84 Fiduciary Activities in January 2017 to improve the guidance regarding the identification of fiduciary activities for accounting and financial reporting purposes and how those activities should be reported. As is customary for new standards, GASB provides implementation guidance via the standard and implementation guides.


FASB Proposes Codification Improvements To Lessor Implementation Of New Leases Standard

The FASB has issued a proposal that would address challenges to implementing the FASB’s new lease standard.


Readers should not act upon information presented without individual professional consultation.