This chapter has described the fund structure in governments. Do you think that it is necessary to

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This chapter has described the fund structure in governments. Do you think that it is necessary to display individual funds in a government’s annual report? If so, then do you think it is any less necessary to display individual funds in a not-for-profit’s annual report? On what basis can you justify displaying funds in the annual report of a government but not in that of a not-for-profit entity?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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