Wiley Not-For-Profit GAAP 2004
Interpretation and Application of Generally Accepted Accounting Principles for Not-For-Profit Organizations
Chapter One
OVERVIEW OF NOT-FOR-PROFIT
ORGANIZATIONS
Perspective and Issues 3
Key Differences between Not-for-Profit
and Profit Organizations 5
Resource Use Consideration 6
PERSPECTIVE AND ISSUES
Not-for-profit organizations represent a significant portion of the economy of
the United States. Over one million of these organizations provide almost every
conceivable type of service from education to politics, from health and welfare to
country clubs, and from churches to research organizations. The number and importance
of these organizations to the overall US economy continues to grow. The
Financial Accounting Standards Board (FA ... read full excerpt from Wiley Not-for-Profit GAAP 2004: Interpretation and Application of Generally Accepted Accounting Principles for Not-for-Profit Organizations ebook
