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QUESTION DETAIL
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Does a non-profit organization have to file anything with the IRS in order to change their accounting method from Accrual to Cash basis?
ANSWER
The BIDaWIZ Team's Answer:
Yes, the organization must file Form 3115, Application for Change in Accounting Method, to change its accounting method. Also, an organization that makes a change in accounting, must report any adjustment required by section 481(a) on Schedule D (Form 990), Parts XI through XIII.
