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Apply: Not-for-Profit Financial Reporting Paper
Create a 250- to 400-word overview of one not-for-profit organization in an area of interest to your team and review the financial statements and audit report for the organization.
The not for profit org we are using is The American Heart Association
https://www.heart.org/en/about-us/aha-financial-information
Address the following:
Compare the organization’s reporting of pledges and contributions to its reporting of exchange transactions. How should they be recorded and subsequently reported in the financial statements.
Refer to
FASB Codification System
and
FASB Student Registration Instructions