Document Type

Article

Publication Date

2011

Abstract

The financial statement users’, investors’, donors’ and academic researchers’ understanding of current accounting recognition and reporting guidance affect their ability to compare financial information issued by nonprofit universities, hospitals, fund-raising organizations and government agencies. The financial results reported by public nonprofit organizations is different from that reported by private nonprofit organizations. This study discusses the events that brought about the divergence in nonprofit financial accounting recognition and reporting,and illustrates specific differences.

Comments

Marsh, Treba, and Mary Fischer. "FASB/GASB Recognition and Reporting Differences: A Nonprofit Sector Perspective." Journal of Accounting and Finance 11, no. 1 (2011): 21-30.

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Accounting Commons

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