What is the rationale for accounting for nonexpendable endowment funds on a full, rather than a modied, accrual basis Why is it important that depreciation be charged on long term assets held as duciary fund investments ...

The full accrual basis helps to assure that adminis ...

What is the rationale for accounting for nonexpendable endowment funds on a full, rather than a modied,

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What is the rationale for accounting for nonexpendable endowment funds on a full, rather than a modiﬁed, accrual basis? Why is it important that depreciation be charged on long-term assets held as ﬁduciary fund investments?

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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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Question Posted: Aug 13, 2014 11:54 AM

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What is the rationale for accounting for nonexpendable endowment funds on a full, rather than a modied,

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Government and Not for Profit Accounting Concepts and Practices

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