Virtually all entities will be affected to some extent by the new revenue recognition guidance (ASU 2014-09), Revenue from Contracts with Customers (Topic 606) – even nonprofit organizations.
Read more in the following RSM guidance.
http://rsmus.com/pdf_download/wp_changes-for-nfp-revenue-recognition.pdf
Managing Partner
Partner
Audit Manager
Senior Audit Manager
“Health and Human Services utilizes Isler CPA’s expertise through our contract for quarterly report and audit review. Their experienced staff is always available to provide technical assistance—from answering a quick clarifying question to providing ongoing consultation in working with our network of provider agencies. They are an important part of our contracts team!”
- Debbie H.
Lane County Government