User Account

All Pages

Explain the organization reporting of pledges

Assignment Help Financial Accounting
Reference no: EM132539377 , Length: 5

Select one not-for-profit organization in an area of interest to you and review the financial statements and audit report for the organization. The financial statements and audit report of the not-for-profit organization should be readily and publicly available on an active website.

Write a three- to five-page paper in which you do the following:

Question 1: Analyze the selected not-for-profit's financial statements to determine if the statements conform to Financial Accounting Standards Board (FASB) guidance in Statement No. 117, "Financial Statements of Not-for-Profit Organizations" (FASB ASC 958-205-45).

Question 2: Explain the selected organization's use of the three fund categories. Recommend at least two areas of potential interest to the stakeholder concerning the status of revenue and expenses.

Question 3: Analyze the organization's statement of cash flows. Explain the format that the organization utilizes, including any unique areas of emphasis that differ from the GAAP accounting format.

Question 4: Compare the organization's reporting of pledges and contributions with its reporting of exchange transactions. Discuss the funds that are utilized.

Question 5: Assess the fiscal condition of the selected organization utilizing and interpreting ?nancial indicators, using ?nancial ratios that are widely accepted as being indicative of ?scal health. This assessment should also be expanded to include fund-raising analysis, program review, contributions, and grant analysis and revenue analysis.

Reference no: EM132539377

Questions Cloud

Did drizin act ethically in the case : Did Drizin act ethically in this case? Did the owners of Northwest Iowa Ethanol have any responsibility for the losses they suffered in this case? Explain.
Evaluate the current ethical and legal concerns : Evaluate the current ethical and legal concerns surrounding your topic. Select one ethical or legal concern surrounding your topic, take a position on the issue
How much money will you have to place in your margin account : XYZ pays no dividends and the interest rate on a margin loan is 6%. How much money will you have to place in your margin account
8d problem solving framework : How would you use the 8D problem solving framework to address this issue?
Explain the organization reporting of pledges : Compare the organization's reporting of pledges and contributions with its reporting of exchange transactions. Discuss the funds that are utilized.
What are the ethical concerns raised by employees : Take a position on the ethical concerns raised by employees who are upset about organizations monitoring their email or Internet access for security purposes.
What is involved in a competitor analysis : For a business to be successful, it must constantly be comparing itself to its competitors in order to find some kind of advantage. Which key questions
Analyzing into thin air and in the land of white death : Using Into Thin Air by Jon Krakauer and In the Land of White Death by Valerian Albanov, both narratives about adventurers who have willfully placed
Have you already put some information to good use : Alternatively, discuss how you plan to use what you have learned in class on the job. Have you already put some information to good use? If you're new to the.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is more important to investors

What is more important to investors: the number of a company's shares they own, the price of the company's stock, or the percentage of the company's

  Creates a proposal for international expansion

Creates a Proposal for International Expansion That Includes a Discussion of Constraint Theory Importance in the Decision Process. Incorporates CVP Analysis, Balanced Scorecard, and Complete Budgeted Financial Statements.

  Netting her short-term and long-term capital gains

Sharon has the following results of netting her short-term and long-term capital gains and losses for 2014: $56,000 short-term capital loss, and $82,000 net long-term capital gain ($21,000 0%/15%/20% long-term capital gain, and $61,000 25% long-term ..

  Explain what are accruals and give an example

Prepare the below accounts (taking also into account the notes) for 2018 indicating the amounts that should be reported in the Profit and Loss account.

  What journal entry would advantage record on december

If Advantage uses the straight-line method of depreciation, what journal entry would Advantage record on December 31, 2019 in relation to depreciation

  Briefly describe other methods of obtaining the cash

Prepare a brief memo (no more than 120 words) giving the arguments for and against offering this preferred stock. In the memo also briefly describe other methods of obtaining the cash.

  Working on its cash budget

Laurey Inc. is working on its cash budget for May. The budgeted beginning cash balance is $43,000. Budgeted cash receipts total $124,000 and budgeted cash disbursements total $118,000. The desired ending cash balance is $67,500. To attain its desired..

  What the depreciation expense for the first year is

What The depreciation expense for the first year (2019) using the straight-line method of depreciation is and The total depreciable cost of the equipment is

  Prepare the cost-of-goods-sold method and the loss method

Kumar Inc. uses a perpetual inventory system. At January 1, 2014, inventory was $214,000 at both cost and market value. At December 31, 2014, the inventory was $286,000 at cost and $265,000 at market value. Prepare the necessary December 31 entry und..

  What will happen to the money supply

If the reserve requirements ratio is 10% and the Federal Reserve buys $100 million bonds, what will happen to the money supply?

  How much will be won or lost today

According to the previous year, if in August the exchange rate was 3.30 per Suns Dollars and today is 3.20, how much will be won or lost today?

  Entry barnes company should make to accrue wages

Barnes Company has 20 employees who are each paid $80 per day for a 5-day workweek. The employees are paid each Friday. This year the accounting period ends on Tuesday. Prepare the December 31 year-end adjusting journal entry Barnes Company should ma..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd