Fasb and donations, Let's talk about donated services.

Fasb and donations

Assignment Help Accounting Basics

Reference no: EM1365290

Let's talk about donated services. Clearly unique to nonprofits (well, I've never heard of anyone willingly donating their time and efforts to General Motors, but I guess it's possible) - What does FASB say about donated services? What do you think of the comment regarding the issue of the value of services being reliably measured?

Please cite in paragraph and post bilbliography.

Reference no: EM1365290

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