
The Financial Accounting Standards Board (FASB) will soon issue two statements that will have a major impact on not-for-profit financial reporting. The first, entitled Financial Statements of Not-For-Profit Organizations, deals with the form and content of not-for-profit financial statements. The second, entitled Accounting for Contributions Received and Contributions Made, establishes standards of financial accounting and reporting for contributions.
Financial Audit, Accounting, Organizations, Nonprofit, Income, Guidelines as Topic, Fund Raising, Investments, Hospitals, Voluntary, Societies, United States
Financial Audit, Accounting, Organizations, Nonprofit, Income, Guidelines as Topic, Fund Raising, Investments, Hospitals, Voluntary, Societies, United States
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