Different aspect in not-for-profit industry

Assignment Help Financial Accounting
Reference no: EM131205601

One very different aspect in not-for-profit industry, that affects the use and need for AIS specialization, is their handling of restricted funds. Non-profits receive money for specific purposes and these funds can not be spent anywhere else. Organizations are required to keep track of how these funds are used. How, do you think, should their AIS customized to perform this function?

Reference no: EM131205601

Questions Cloud

Evaluate this proposal in terms of the criteria : Armed with these considerations, evaluate this proposal in terms of the criteria in both this chapter and Chapter 11.
Stakeholders in order to complete project : While no site has been selected, once a site is selected, there will be a lot of pressure to complete the project ahead of schedule and under budget, which is uncommon here. Determine the main stakeholders, and specify the overall way in which you..
What is the adjected present value : A project has a one year life. It has an outlay of $1500 million. At the end of year 1, the new inflow is likely to be $2200 million. The pretax cost of debt is 11%, the cost of equity is 19% and the tax rate is 25%. Find the base case NPV? If the fi..
Write a paper on the given topic : What grown-up customer or associate did you choose to concentrate on and what is the issue that you plan to address?
Different aspect in not-for-profit industry : One very different aspect in not-for-profit industry, that affects the use and need for AIS specialization, is their handling of restricted funds. Non-profits receive money for specific purposes and these funds can not be spent anywhere else. Organiz..
The importance of stability and gradual change : How does what we know about actual people and their limitations alter the importance of stability and gradual change?
Are these programs in line with social justice concepts : Select one of these three policy initiatives, and examine the positives and negatives of the approach. Determine the effects of the criminal justice policy on the other elements of the criminal justice community-courts, corrections, and juvenile j..
Important in supply chain management : Define radio frequency identification (RFID) and explain why it is important in supply chain management (SCM) minimum 75 words in length.
Small business that will employ : You are starting a small business that will employ at least five different jobs initially. Decide on what type of business you are starting (write a sentence or two describing the business) and the jobs you will need to fill to start your business..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Direct-materials quantity variance

A company currently completed 45,000 units of a product that was expected to consume four pounds of direct material for each finished unit. The standard price of direct material was $8 per pound.

  What is credit multiplier formular

what is credit multiplier formular

  Total amount of cash payments for merchandise

A company's inventory balance was $204,000 at 12/31/11 and $191,600 at 12/31/12. Its accounts payable balance was $81,600 at 12/31/11 and $85,800 at 12/31/12, and its cost of goods sold for 2012 was $734,400. The company's total amount of cash paymen..

  Cash disbursements for the month

The following data have been taken from the budget reports of Sequioia Company, a merchandising company, which purchases merchandise inventory and sells to customers. The information on the sales to customers and the purchase of the inventory is give..

  Computation of contribution margin and operating

computation of contribution margin and operating income.understanding the effects of operating leveragenbspnbspnbspnbsp

  Illustrate what is allen break-even point in units

At that level Allen Company expects to sell 3,000 units next year. Illustrate what is Allen’s break-even point in units if it purchases the new equipment?

  What kind of duty agent own to principle

Are the approaches you described in answer to question (2) mutually exclusive, or can they be used to complement each other? Explain?

  Determine the corporations income tax liability

In each of the following independent situations, determine the corporation's income tax liability. Assume that all corporations use a calendar year for tax purposes and that the tax year involved is 2014.

  Equivalent units of production for materials-conversion cost

Taco Ranch uses a process cost system and the weighted average cost flow assumption. Production begins in the crafting department where materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the pro..

  Tax treaty exempts interest payments from withholding taxes

USAco, a domestic corporation, is the wholly-owned U.S. subsidiary of FORco, a foreign corporation. The U.S.-Country F tax treaty exempts interest payments from withholding taxes.

  Suppliers for inventory previously purchased on account

Company sold $500 of inventory, paid 400 to suppliers for inventory previously purchased on account, purchased $100 of inventory for cash, acquires $75 of inventory from another company in an acquisition and translated into us dollars the value of in..

  What is the company cash balance at the end of the month

The Goodman Corporation completed the following transactions for the month: Based on the transactions above, what is the company’s cash balance at the end of the month?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd