9. FASB SFAS 117, Financial Statements of Not-for-Profit Organizations, focuses on a. Basic information for the organization
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9. FASB SFAS 117, “Financial Statements of Not-for-Profit Organizations,” focuses on
a. Basic information for the organization as a whole.
b. Standardization of fund information reported.
c. Inherent differences of not-for-profit organizations that impact reporting presentations.
d. Distinctions between current fund and noncurrent fund presentations.
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Related Book For
Advanced Accounting
ISBN: 9780073379456
9th Edition
Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle
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