The Financial Accounting Standards Board has issued rules to help nonprofit organizations properly account for mergers and acquisitions involving other not-for-profits. FASB Statement No. 164, Not-for-Profit Entities: Mergers and Acquisitions, is also intended to improve the information that a not-for-profit entity provides about goodwill and other intangible assets after an acquisition by amending FASB Statement No. 142, Goodwill and Other Intangible Assets, to make it fully applicable to nonprofits.
展开▼
