FASB standards require conditional promises to give to be recorded as revenue at the time the condition is satisfied.
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Q41: A Statement of Functional Expenses is required
Q42: Private not-for-profits must follow all applicable FASB
Q43: With respect to the Statement of Cash
Q44: FASB Statement 124, Accounting for Certain Investments
Q45: Private not-for-profits must follow all applicable FASB
Q47: FASB standards require contributions to be recorded
Q48: With respect to the Statement of Cash
Q49: Private not-for-profit organizations should have little to
Q50: FASB statement 116 requires unconditional pledges of
Q51: A Statement of Functional Expenses is required
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