Advanced Accounting
Advanced Accounting
14th Edition
ISBN: 9781260247824
Author: Joe Ben Hoyle, Thomas F. Schaefer, Timothy S. Doupnik
Publisher: RENT MCG
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Chapter 18, Problem 2Q
To determine

Discuss the information financial statement users want to know about a not-for-profit entity.

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What are the objectives of financial reporting of not-for-profit organizations?
What are the financial reporting goals of not-for-profit organizations?
What financial statements are not for profit organizations required to issue? Compare them to what a typical business' enterprise would issue.
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