高级会计学(第10版)PPT Beams10e_Ch21
合集下载
- 1、下载文档前请自行甄别文档内容的完整性，平台不提供额外的编辑、内容补充、找答案等附加服务。
- 2、"仅部分预览"的文档,不可在线预览部分如存在完整性等问题,可反馈申请退款(可完整预览的文档不适用该条件!)。
- 3、如文档侵犯您的权益，请联系客服反馈,我们会尽快为您处理(人工客服工作时间：9:00-18:30)。
6. Apply not-for-profit accounting principles to private not-for-profit colleges and universities.
© Pearson Education, Inc. publishing as Prentice Hall
2. Differentiate between governmental and nongovernmental not-for-profit organizations.
3. Introduce FASB not-for-profit accounting principles.
4. Apply not-for-profit accounting principles to voluntary health and welfare organizations.
2: Governmental and Nongovernmental NFPs
© Pearson Education, Inc. publishing as Prentice Hall
21-7
Governmental NFPs
Governmental not-for-profits are NFPs with – Officers elected or appointed by government – Government can unilaterally dissolve and assets revert to government – Has power to enact/enforce taxes
health and welfare, without requiring a statement of functional expenses
© Pearson Education, Inc. publishing as Prentice Hall
21-6
Accounting for Not-for-Profit Organizations
Follow GASB
© Pearson Education, Inc. publishing asernmental NFPs
NFPs that lack the governmental element
Follow FASB
• FASB Statement No. 116 – Contributions
21-9
Accounting for Not-for-Profit Organizations
3: Accounting Principles
© Pearson Education, Inc. publishing as Prentice Hall
© Pearson Education, Inc. publishing as Prentice Hall
21-1
Not-for-Profits : Objectives
1. Learn about the four main categories of not-forprofit organizations
• FASB Statement No. 117 – Financial statements
• 2007 AICPA Audit and Accounting Guide: Notfor-Profit Organizations
© Pearson Education, Inc. publishing as Prentice Hall
Chapter 21:Accounting for Notfor-Profit Organizations
by Jeanne M. David, Ph.D., Univ. of Detroit Mercy
to accompany
Advanced Accounting, 10th edition
by Floyd A. Beams, Robin P. Clement, Joseph H. Anthony, and Suzanne Lowensohn
21-3
Accounting for Not-for-Profit Organizations
1: Categories of NFPs
© Pearson Education, Inc. publishing as Prentice Hall
21-4
Characteristics
Not-for-profit characteristics – Contributions without expected commensurate returns – Purpose is other than providing goods or services – Lacks ownership interests
Accounting for not-for-profits – Governmental: follow GASB – Nongovernmental: follow FASB
© Pearson Education, Inc. publishing as Prentice Hall
21-5
Categories of NFPs
© Pearson Education, Inc. publishing as Prentice Hall
21-2
Objectives (cont.)
5. Apply not-for-profit accounting principles to hospitals and other health care organizations.
1. Voluntary health and welfare 2. Hospitals and health care 3. Colleges and universities 4. Other not-for-profits
• Churches, museums • Other NFPs are similar to voluntary
© Pearson Education, Inc. publishing as Prentice Hall
2. Differentiate between governmental and nongovernmental not-for-profit organizations.
3. Introduce FASB not-for-profit accounting principles.
4. Apply not-for-profit accounting principles to voluntary health and welfare organizations.
2: Governmental and Nongovernmental NFPs
© Pearson Education, Inc. publishing as Prentice Hall
21-7
Governmental NFPs
Governmental not-for-profits are NFPs with – Officers elected or appointed by government – Government can unilaterally dissolve and assets revert to government – Has power to enact/enforce taxes
health and welfare, without requiring a statement of functional expenses
© Pearson Education, Inc. publishing as Prentice Hall
21-6
Accounting for Not-for-Profit Organizations
Follow GASB
© Pearson Education, Inc. publishing asernmental NFPs
NFPs that lack the governmental element
Follow FASB
• FASB Statement No. 116 – Contributions
21-9
Accounting for Not-for-Profit Organizations
3: Accounting Principles
© Pearson Education, Inc. publishing as Prentice Hall
© Pearson Education, Inc. publishing as Prentice Hall
21-1
Not-for-Profits : Objectives
1. Learn about the four main categories of not-forprofit organizations
• FASB Statement No. 117 – Financial statements
• 2007 AICPA Audit and Accounting Guide: Notfor-Profit Organizations
© Pearson Education, Inc. publishing as Prentice Hall
Chapter 21:Accounting for Notfor-Profit Organizations
by Jeanne M. David, Ph.D., Univ. of Detroit Mercy
to accompany
Advanced Accounting, 10th edition
by Floyd A. Beams, Robin P. Clement, Joseph H. Anthony, and Suzanne Lowensohn
21-3
Accounting for Not-for-Profit Organizations
1: Categories of NFPs
© Pearson Education, Inc. publishing as Prentice Hall
21-4
Characteristics
Not-for-profit characteristics – Contributions without expected commensurate returns – Purpose is other than providing goods or services – Lacks ownership interests
Accounting for not-for-profits – Governmental: follow GASB – Nongovernmental: follow FASB
© Pearson Education, Inc. publishing as Prentice Hall
21-5
Categories of NFPs
© Pearson Education, Inc. publishing as Prentice Hall
21-2
Objectives (cont.)
5. Apply not-for-profit accounting principles to hospitals and other health care organizations.
1. Voluntary health and welfare 2. Hospitals and health care 3. Colleges and universities 4. Other not-for-profits
• Churches, museums • Other NFPs are similar to voluntary