Statement of Financial Accounting Standards 116 and 117
Not what you're looking for?
Need a one page executive summary assessing the requirements of SFAS 116 and 117 and its impact on the Financial Statements.
Purchase this Solution
Solution Summary
Response describes the statement of Financial Accounting Standards 116 and 117
Solution Preview
Statement of Financial Accounting Standards 116 and 117
Need a one page executive summary assessing the requirements of SFAS 116 and 117 and its impact on the Financial Statements
SFAS 116 and 117 is issued by the Financial Accounting Standards Board. These standards are related to the non profit sector. Financial Accounting Standard No. 116, deals with contributions made and received, and Financial Accounting Standard No. 117, deals with financial statement format. As per the ruling, compliance with both standards is required for years ending December 31, 1995 and beyond, with an optional one year delay for small organizations which ...
Purchase this Solution
Free BrainMass Quizzes
Motivation
This tests some key elements of major motivation theories.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.