Questions from Accounting for Government and Non-Profit

Q: Go to the Web site for the American Institute of Certified Public

Go to the Web site for the American Institute of Certified Public Accountants (AICPA) ( www.aicpa.org) . Information relevant to the following questions can be located under the tab that provides in...

Q: Discuss some of the differences in the preparation and presentation of the

Discuss some of the differences in the preparation and presentation of the operating statements of nongovernmental not-for-profit entities and governmental not-for-profit entities reporting as busines...

Q: Robert Bland suggested that tensions may exist between stakeholders in a government’s

Robert Bland suggested that tensions may exist between stakeholders in a government’s budget process. Identify the six sets of stakeholders or topics with potential conflict in Bland’s model.

Q: Identify some essential components of the annual budget process for a state

Identify some essential components of the annual budget process for a state or local government. How long might the process take?

Q: Discussion at a local meeting of government financial officers centered on using

Discussion at a local meeting of government financial officers centered on using a balanced scorecard to present information to the public on the government’s Web site. Describe the components of a ba...

Q: What is UPMIFA, and why is it important to colleges and

What is UPMIFA, and why is it important to colleges and universities? Does UPMIFA apply only to colleges and universities?

Q: Since the FASB sets the standards for both not-for-

Since the FASB sets the standards for both not-for-profit health care entities and investor-owned entities, the financial reporting requirements are the same for these two entities. Do you agree with...

Q: A board member of an NFP hospital has asked you what resources

A board member of an NFP hospital has asked you what resources are available to help him in assessing the financial and operational performance of the hospital. Where would you?

Q: What are the required financial statements for (a) a not

What are the required financial statements for (a) a not-for-profit health care entity and (b) a governmental health care entity reporting only business-type activities?

Q: How do the accounting treatments for charity services, patient discounts,

How do the accounting treatments for charity services, patient discounts, contractual adjustments, and provision for bad debts differ in terms of their effects on patient service revenues and related...