Introduction to Accounting

Save-the-Birds (STB) will be launching a major fund-raising drive with a financial statement that shows $1,030,000 in donations and only $30,000 in expenses. It may be difficult to explain to potential donors why the entity is conducting a fund-raising drive at the present time. The balance sheet should help STB explain why they need the additional monies. However, many people familiar with financial statements of for-profit entities may have difficulty understanding how an entity can generate a...

Internal managers will find the accrual-based budget useful in that it provides a long-term perspective on the Breast Cancer Fund and offers assurance that over an extended period the entity is covering its costs. Nevertheless, they likely would be more concerned with the cash-based budget. Organizations must pay their bills with cash. Most not-for-profits are engaged in a constant struggle to meet their day-to-day cash needs. Hence, managers are interested mainly in cash flows and see allocatio...

This pdf will provide you the concept of criminology

Class notes for Introduction to Accounting Harvard course