Post by AICPA

The proposed enhancive update to the AICPA Audit and Accounting Guide: Not-for-Profit Entities, related to FASB ASU 2025-07, is posted for informal comment. This proposed update revises paragraphs 8.47-.49 (Programmatic Loan Agreements That Contain Conditional Promises to Give) in Chapter 8, Programmatic Investments, and comments are requested by July 3, 2026. https://bit.ly/48Wvoce