Explain with examples how Section 404 can impact local governments and not-for-profit organizations?
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Explain with examples how Section 404 can impact local governments and not-for-profit organizations?
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- 1) Write any two differences between non-profit organization and governmental organization?Please describe and illustrate the kinds of restrictions that doners may impose on the use of resources they contribute to nonprofits.What note disclosures are specific to nonprofits or government entities, and why are they needed? In your opinion, what are some of the note disclosures that are challenging to write? Explain.
- Which of the following is likely not a type of not-for-profit entity? public library community foundation university local movie theaterDifferentiate between public support and revenues as sources of assets for private not-for-profit organizations. Whatbenefit is there in accounting for these differently?Discuss how characteristics of not-for-profit organizations differ from for-profit organizations.
- Discuss the factors affecting financial conditions of governmental organizations..Discuss the basic assumptions of CVP analysis and how can we use CVP analysis in making decisions in a not-for-profit organization, as well as a for-profit organization?State the meaning of ‘Not- for- Profit’ Organisations.
- Define Not-for-Profit organizations. Explain what distinguishes governmental not-for-profit organizations from nongovernmental, not-for-profit organizations. Why is such a distinction necessary? Mention the objectives of financial reporting of not-for-profit organizations?What does the word stewardship mean and an example of what federal government stewardship?The following are the examples of not-for-profit organizations EXCEPT: a. Religious organizations b. Public colleges and universities c. Community service units d. Museums