What's the impact of SFAS 116 and 117 on non-profit organizations? (Statement of Financial Accounting Standards): An article from: Fund Raising Management

This digital document is an article from Fund Raising Management, published by Hoke Communications, Inc. on April 1, 1997. The length of the article is 1409 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The Financial Accounting Standards Board has introduced the Statement of Financial Accounting Standards (SFAS) Numbers 116 and 117 for non-governmental non-profit organizations. SFAS 116 refers to the donors and receivers' contributions while SFAS 117 refers to the creation of financial statements regarding donation information. SFAS 116 and 117 also require three sets of financial statements namely: the Statement of Financial Position, Cash Flow Statement and Statement of Activities.

Citation Details
Title: What's the impact of SFAS 116 and 117 on non-profit organizations? (Statement of Financial Accounting Standards)
Author: Alesa Locklear
Publication:Fund Raising Management (Magazine/Journal)
Date: April 1, 1997
Publisher: Hoke Communications, Inc.
Volume: v28 Issue: n2 Page: p18(3)

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