Tuesday, April 16, 2013

Chapter 12 - non-for-profit hospital reporting

What are the statements required, the key components of those statements and the accounting method used in accounting for non-for-profit hospitals?

 

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  1. Alex GroskopfApril 16, 2013 at 9:41 AM

    The statements that are required for not for profit include the Statement of Financial Positions, Statement of Operations, Statement of Changes in Net Assets, Statement of Cash Flows, and the Notes to financial statements. It is based on the Accrual basis of accounting.

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