The attached issue of Heads Up discusses the FASB’s new Staff Position No. SOP 94-3-1 and AAG HCO-1, “Omnibus Changes to Consolidation and Equity Method Guidance for Not-for-Profit Organizations,” which makes several clarifying changes to the consolidation and equity method guidance applicable to not-for-profit organizations, including nongovernmental health care organizations.

Read more in the file attached below or visit the Heads Up Archive for past issues.

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