Concept Statement Four (accessible at www.FASB.org) discusses the concepts of stewardship and performance. Given that providing decision-useful

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Concept Statement Four (accessible at www.FASB.org) discusses the concepts of stewardship and performance. Given that providing decision-useful information is the primary purpose of not-for-profit financial statements, what is the role of financial reporting relative to stewardship and performance? Write a brief report that provides your analysis.

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-1259917059

18th edition

Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely

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