TAILIEUCHUNG - Lecture Accounting for governmental and nonprofit entities (16/e): Chapter 14 - Reck, Lowensohn, Wilson

Chapter 14 - Not-for-profit organizations - Regulatory, taxation, and performance issues. After studying Chapter 14, you should be able to: Identify oversight bodies and the source of their authority over not-for-profit organizations (NFPs); describe how and why states regulate NFPs; describe not-for-profit incorporation laws, registration, licenses, and tax-exemption;. | Chapter 14 Accounting for Not-for-Profit Organizations Learning Objectives After studying Chapter 14, you should be able to: Distinguish not-for-profit organizations (NPOs) from entities in the governmental and commercial sectors of the . economy Identify the authoritative standards-setting body for establishing GAAP for nongovernmental NPOs 14- 1 Learning Objectives (Cont’d) Explain financial reporting and accounting for NPOs: Required financial statements Classification of net assets Accounting for revenues, gains, and support Accounting for expenses Accounting for assets 14- 2 Learning Objectives (Cont’d) Identify unique accounting issues with financially interrelated organizations Describe optional fund accounting Prepare financial statements using SFAS No. 117 14- Not-for-Profit Sector The not-for-profit sector of the . economy is very diverse, consisting of many different kinds of organizations The majority of NPOs are philanthropic and quite often rely on

• Kế toán - Kiểm toán
• Accounting for Governmental
• Nonprofit entities
• State regulation
• Federal regulation
• Performance measures
• Annual compliance reporting
• Not for profit organizations
• Financial reporting for governmental
• Budgetary accounting
• Government wide financial statements
• Governmental funds
• Governmental accounting course
• Competencies of recent graduate
• Gap between Theory and Practice
• Governmental accounting education
• Governmental accounting technique
• Accounting for Nonprofit Entities
• Governmental organizations
• Performance budgeting
• Budgeting governmental
• Governmental operating statement accounts
• Not for profit accounting
• Recognizing revenues
• Recognizing expenditures
• Generally accepted accounting
• Local government financial reporting
• Reporting perspectives
• Financial reporting
• Financial reporting standards
• Tax exempt organizations
• Performance evaluation
• Governmental auditing
• Accounting information
• Fund financial statements
• Governmental financial performance
• Performance measurement
• Accounting for colleges
• Other accounting issues
• Accounting for hospitals
• Health care providers
• Fund accounting
• Revenue funds
• Special revenue funds
• Local governments
• Required financial statements
• Internal financial trend monitoring
• Financial position
• Single audits
• Audit process
• Statement of cash flows
• Operating statements