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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Advanced Accounting

ISBN: 9780073379456

9th Edition

Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle

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