The AICPA has published two audit and accounting guides: Not-for-Profit Organizations Not-for-Profit Guide) and Health Care Entities Health Care Guide).

Question

Quizplus · Accepted Answer

While the FASB has primary standard-setting authority, accounting practices of private sector not-for-profit organizations are influenced by two AICPA audit and accounting guides: Not-for-Profit Organizations Not For Profit Guide) and Health Care Organizations Health Care Guide.

The AICPA Has Published Two Audit and Accounting Guides: Not-For-Profit