Because almost all accounting students begin their study with the accounting and reporting of for-profit entities, we provide below a brief overview of the differences between the financial statements of for-profits and not-for-profits:
Overview of difference between the financial statements of for-profit and not-for-profit entities.
Below is an exploration of not-for-profit accounting in classic textbook format:
Chapter 2: Appendix A - Feed the Children
Remainder to be completed ….