I don’t know how to handle this Accounting question and need guidance.
Access the Financial Accounting Standards Board website at www.FASB.org. Find the Accounting Standards Updates for 2016. In 2016 an update was issued related to financial reporting for not-for-profit entities. After reading the 2016 update, write a brief report that identifies how the standard changed reporting on each of the three required financial statements.
at least 300 words