What accounting standards should government NFP organizations follow?
A)CICA Handbook, Part III only
B)CICA Public Sector Accounting Handbook only
C)Choice of CICA Handbook, Part III or CICA Public Sector Accounting Handbook
D)Choice of CICA Handbook, Part III; CICA Public Sector Accounting Handbook; or IFRS

Question

Quizplus · Accepted Answer

Government NFP organizations can choose between the CICA Handbook, Part III or the CICA Public Sector Accounting Handbook, depending on their specific circumstances and requirements.

What Accounting Standards Should Government NFP Organizations Follow