About Deidra Langstaff

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So far Deidra Langstaff has created 12 blog entries.
24 06, 2019

Not-for-Profit Goodwill and Intangible Amortization

2019-08-20T14:50:18+00:00June 24th, 2019|Client Alert, Uncategorized|

Not-for-Profit Goodwill and Intangible Amortization The Financial Accounting Standards Board (FASB) recently issued new accounting guidance which allows all not-for-profit (NFP) entities to elect a simplified goodwill and intangibles accounting alternative.  Under the new guidance (ASU 2019-06), an NFP would: Amortize goodwill on a straight-line basis over 10 years, or less than 10 years, if [...]