Question Description
I don’t know how to handle this Accounting question and need guidance.
A not-for-profit organization is required to report expenses incurred for programs separately from management and general expenses and fund-raising costs. Explain who would use this information and why this separation matters.
Explanation & Answer
View attached explanation and answer. Let me know if you have any questions.
Running head: ACCOUNTING
1
Financial Goals
Institutional Affiliations
Course
Date
ACCOUNTING
2
Financial Goals
Not-for-profit organizations' primary objective for financial reports entails providing
financial information to resource providers, donors, members, and creditors for decision making.
Green et al. (2021) indicate that management and general expenses and fund-raising costs are
critical in providing the managerial and the rest of the stakeholders with information to make
esse...
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