Wednesday, December 02, 2015

Reporting Net Assets In Correct Columns - The NonProfit TimesThe NonProfit Times

Reporting Net Assets In Correct Columns - The NonProfit TimesThe NonProfit Times: "Financial statements of nonprofits display net assets (equity) in three classes: unrestricted, temporarily restricted and permanently restricted. These categories are based on the existence or absence of donor-imposed restrictions and are defined in the accounting standards under FASB ASC 958-210-20."



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