When are donor-restricted contributions and donor-restricted investment income permitted to be reported as revenues without donor restrictions?

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Governmental and Nonprofit Accounting Theory and Practice

ISBN: 978-0133799569

11th edition

Authors: Robert J. Freeman, Craig D. Shoulders, Dwayne N. McSwain, Robert B. Scott

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Question Posted: Apr 28, 2017 08:02 AM

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When are donor-restricted contributions and donor-restricted investment income permitted to be reported as revenues without donor restrictions?

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Classification of Net Assets as Donor Restricted or Unrestricted A statement of financial position provided by a notforprofit organization shall report the amounts for each of three classes of net ass...View the full answer

Governmental and Nonprofit Accounting Theory and Practice

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