Discussion Post: Revenue
• Why worry about revenue and expense recognition?
o Why not just recognize revenue when cash is received and expense when cash is paid?
o It would be much easier, but would it be better?
o Do you think nonprofits worry about revenues and expenses? Why?
• Choose two concepts/topics you learned from the chapter that you found most interesting. Please briefly explain the concepts and why you found them to be the most interesting.
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.