Explore BrainMass

Explore BrainMass

    Bond reporting differences in for-profit/not-for-profit org.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Please explain the difference in the way that bonds are reported by for-profit and not-for-profit organizations.

    © BrainMass Inc. brainmass.com June 4, 2020, 3:57 am ad1c9bdddf
    https://brainmass.com/business/bond-valuation/bond-reporting-differences-in-for-profit-not-for-profit-org-544606

    Solution Preview

    This is really a complex question due to the nature of bonds. The reason is because different types of bonds are classified in different ways on the financial statements. At its most basic, bonds are listed on the Statement of Financial Position (balance sheet) for a not-for-profit organization. The bonds are listed at their fair value. Any annual changes in fair value of the bonds is reported on the ...

    Solution Summary

    This solution explains the difference in bond reporting between a for-profit and not-for-profit organization.

    $2.19

    ADVERTISEMENT