How is the information provided to a user of a not for profit hospitals financial statements different from that provided by a generic not for profit Focus on the statement of operations and the statement of changes in net assets ...

First the generic notforprofit statement of activities operating stat ...

How is the information provided to a user of a not- for- profit hospitals financial statements different

Question:

How is the information provided to a user of a not- for- profit hospital’s different from that provided by a “ generic” not- for- profit? Focus on the statement of operations and the statement of changes in net assets.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...