Restricted contributions may be reported as unrestricted if the restriction has been met in the same period as the contribution is made.
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Q3: The primary source of authoritative accounting and
Q4: FASB Statement No. 95 requires not-for-profits to
Q9: Temporarily restricted funds related to plant and
Q9: Expenses incurred by not-for-profit organizations should be
Q12: Expenses should be classified as unrestricted or
Q13: The basis of accounting used by not-for-profit
Q15: Unlike governments, not-for-profits should not recognize contributions
Q18: Not-for-profits generally should not recognize as revenues
Q19: FASB standards require not-for-profit organizations to classify
Q19: In the statement of activities, FASB Statement
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