Summarize the FASB rules that govern the private not-for profit nursing home.
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There are specific Statements of Financial Accounting Standards (SFAS) for the not-for-profit sector. These standards are regularly reviewed by the not-for-profit advisory committee of the Financial Accounting Standards Board (FASB, 2011).
Below are the different SFASs designed for ...
The expert summarizes the FASB rules that govern private not-for profit nursing homes.