Lecture Advanced accounting (12/e): Chapter 18 - Joe B. Hoyle, Thomas F. Schaefer, Timothy S. Doupnik

Chapter 18 - Accounting and reporting for private not-for-profit entities. In this chapter, you will learn: Understand the basic composition of the financial statements produced for a private not-for-profit organization; determine the proper classification for assets that are unrestricted, temporarily restricted, or permanently restricted and explain the method of reporting these categories; explain the purpose and the construction of a statement of functional expenses;...