Many public sector entities, including state and local governments and nonprofits, are charged with the responsibility of complying with generally accepted accounting principles (GAAP). Each year, the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB) issue a number of accounting pronouncements and other implementation guidance. Keeping up with these ever-changing rules can be challenging and time consuming. View Rehmann’s 2023 Nonprofit GAAP Update webinar on demand to learn more about significant changes in 2023.
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