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
Partner Emeritus
Senior Audit Manager
“The Coquille Indian Tribe began working with Isler CPA in 1990 for audit services. Obviously, this relationship of over 20 years is evidence that the tribe has been extremely pleased with Isler CPA’s expertise and professionalism. Their staff knows the particular issues that affect Indian tribes and has a knack for explaining oftentimes complex financial concepts to non-financial folks.”
- Mark G.
CFO, Coquille Indian Tribe