Assets without donor restrictions cannot be restricted, including by the governing board or other outside parties
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Q3: The primary source of authoritative accounting and
Q4: FASB Statement No. 95 requires not-for-profits to
Q5: FASB Statement No. 93 makes the recognition
Q6: Donor restrictions are only recognized when there
Q7: Traditional financial ratios, such as measures of
Q9: Temporarily restricted funds related to plant and
Q10: The FASB requires external financial reports to
Q11: FASB Statement No. 117 directs that revenues
Q12: Expenses should be classified as unrestricted or
Q13: The basis of accounting used by not-for-profit
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