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

This Paper has 2 Section Please Add atleat one more Reference in addition to the Text Book: TEXT BOOK: Finkler S. A. Purtell R. M. Calabrese T. D. &Smith D. L. (2013). Financial management for public health and not-for-profit organizations(4th ed.). Upper Saddle River NJ: Prentice Hall PART 1 CHAPTER 10 TO 11 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)? PART 2. CHAPTER 12 TO 14 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)? What are the possible types of interfund transactions? Explain 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 valueor e. completely charging such assets such as expenses in the year acquired?

 

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