Proposed enhancive update ASU 2025-07 Adoption

The AICPA’s Financial Reporting Executive Committee (FinREC) is requesting your feedback on a proposed enhancive update to the AICPA Audit and Accounting Guide: Not-for-Profit Entities, related to FASB ASU 2025-07, Derivatives and Hedging (Topic 815) and Revenue from Contracts with Customers (Topic 606): Derivatives Scope Refinements and Scope Clarification for Share-Based Noncash Consideration from a Customer in a Revenue Contract. This proposed update revises paragraphs 8.47-.49 (Programmatic Loan Agreements That Contain Conditional Promises to Give) in Chapter 8,