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Donations in cash are easy to measure. What is the treatment that not-for-profit organizations use for donated goods and services?

 

How does the accounting industry define a not-for-profit organization and a voluntary health and welfare organization (VHWO)?

 

Distinguish between the way investor owned and not-for-profit healthcare organizations treat investments.

To what extent do not-for-profit organizations have the ability to choose among the following:

 

a. using depreciation,

b. ignoring depreciation,

c. maintaining building and equipment on the balance sheet at their original cost,

d. showing such assets at their market value,or

e. completely charging such assets such as expenses in the year acquired?

 

 

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