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Described by financial accounting standards board

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Reference no: EM132450469

"Form and Content of Not-for-Profit Financial Statements" Please respond to the following:

We explore the form and content requirements of financial statements of not-for-profit entities, as described by Financial Accounting Standards Board (FASB) Statement No. 117.

Question 1: Identify and research one (1) not-for-profit organization and provide the Web link to the most recent financial report of the organization. The organization identified should include business and investment activities.

Question 2: Contrast the treatment of business type activities in the financial report of the not-for-profit entities and governments.

Question 3: Identify one (1) significant difference in accounting for investments by the not-for-profit and the for profit business.

Reference no: EM132450469

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