Some VHWOs and ONPOs are required to follow the FASBs not-for-profit accounting guidance. Others are not permitted

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Some VHWOs and ONPOs are required to follow the FASB’s not-for-profit accounting guidance. Others are not permitted to do so. Why do different standards apply? Which organizations must apply the FASB guidance? What guidance must the other organizations apply?

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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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