Government And Not-For-Profit Accounting Discussion Post: "Form and Content of Not-for-Profit Financial Statements"
• In Chapter 12 of the textbook, we explore the form and content requirements of financial statements of not-for-profit entities, as described by Financial Accounting Standards Board (FASB) Statement No. 117.
o Identify and research one not-for-profit organization and provide the Web link to the most recent financial report of the organization. The organization identified should include business and investment activities.
o Contrast the treatment of business type activities in the financial report of the not-for-profit entities and governments.
o Identify one significant difference in accounting for investments by the not-for-profit and the for profit business.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.