Bases of accounting which are used in bfs


1. How does one decide what entities to include in the government's BFS?

2. What bases of accounting are used in the BFS?

3. Do you think that a not-for-profit organization's board can release the restrictions on money in a strike fund and use it for general operations? Does it matter whether we are talking about a strike fund held by a steel workers' union to pay benefits to its members during a strike, versus a fund used by a not-for-profit as a safety reserve in case its workers go on strike?

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Finance Basics: Bases of accounting which are used in bfs
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