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Significant changes to accounting standards in 2018 and upcoming changes to lease accounting could result in a substantial adjustment from nonprofits, writes Christopher Edwards, director of corporate and audit services at HLB Mann Judd. In what has been described by many as the most significant change in accounting standards since the adoption of International Financial …

A new US accounting standard that makes it easier to recognize hedges is likely to encourage more companies to hedge. The Financial Accounting Standards Board voted last month to finalize the new hedge accounting standard, and the final standard is expected to be released in August. Companies interested in using the new standard will not …