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FASB Exposure Draft of Proposed Accounting Standards Update Presentation of Financial Statements for NotForProfit and Health Care Entities

Monday, July 27, 2015

The Financial Reporting Committee (FRC), The Small Business Financial and Regulatory Affairs Committee (SBFRC), and the CFO’s office of IMA (Institute of Management Accountants) submitted a letter to provide feedback to the Financial Accounting Standards Board (FASB) for their proposed accounting standards update related to presentation of financial statements for not-for-profit and health care entities.

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