Nonprofit Accounting
Barron's Business Dictionary:
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Nonprofit Accounting
Accounting policies, procedures, and techniques employed by nonprofit organizations. Nonprofit accounting is somewhat different for governmental units than for nongovernmental units (i.e., colleges, hospitals, voluntary health and welfare organizations, and charities).
| Nonproductive, Nonperforming Asset, Nonperformance | |
| Nonprofit Organization, Nonpublic Information, Nonrecognition Transaction |
Barron's Accounting Dictionary:
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Nonprofit Accounting
Accounting policies, procedures, and techniques employed by nonprofit organizations . Nonprofit accounting is somewhat different for governmental units than for nongovernmental units (i.e., colleges, hospitals, voluntary health and welfare organizations, and charities). Governmental units employ fund accounting, which measures accountability rather than profitability.
The modified accrual basis is typically employed by governmental funds. Nongovernmental units use the accrual basis.
The modified accrual basis is typically employed by governmental funds. Nongovernmental units use the accrual basis.
| Nonproductive Capacity, Nonparametric Statistics, Nonmonetary Item | |
| Nonprofit Organization, Nonpublic Company, Nonreciprocal Transfer |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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