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Nonprofit Financial Statements do not include a Profit/Loss Statement which is an important financial statement in the For-profit sector and is important for reflecting how
Nonprofit Financial Statements do not include a Profit/Loss Statement which is an important financial statement in the For-profit sector and is important for reflecting how well a business performed during the reported period. If a prospective donor asked you for this information for your nonprofit organization, how would you respond and what Financial Documentation would you use to present your nonprofits "Financial Performance"?
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Governmental and Nonprofit Accounting
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
10th edition
132751267, 978-0132751261
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