Author : Richard F. Larkin,Marie DiTommaso
Publisher : Wiley
Page : 738 pages
File Size : 46,7 Mb
Release : 2003-04-04
Category : Study Aids
ISBN : 0471431877
Wiley Not-for-Profit GAAP 2003Set , Contains: NP GAAP 2003 and Not-for-Profit Field Guide by Richard F. Larkin,Marie DiTommaso Pdf
Wiley Not-for-Profit GAAP annual is a comprehensive accounting and financial reporting guide for use by not-for-profit organizations and their auditors in preparing financial statements in accordance with generally accepted accounting principles (GAAP). The Financial Accounting Standards Board (FASB) defines nonprofit organizations as entities that possess the following characteristics not typically found in business enterprises: They receive contributions of significant resources from resource providers who do not expect a commensurate or proportionate monetary return. They operate for purposes other than to make a profit. There is an absence of ownership interests like those of business enterprises.