Govt. Acctg CHP 16
Govt. Acctg CHP 16
Govt. Acctg CHP 16
Non-profit Organizations
Learning Objectives
1. Explain the applicability of the PFRSs to
NPOs.
2. Account for the assets, liabilities, equity,
revenues and expenses of NPOs.
3. Enumerate and describe the financial
statements of NPOs.
4. State the accounting procedures peculiar
to specific types of NPOs.