CPA Exam - Not For Profit Statement of Activities
For more in-depth CPA review materials, visit http://www.pedersoncpareview.com. In this video, I walk through an example of a Statement of Activities for a Not For Profit organization. The Statement of Activities is key to understanding the concepts of Not For Profit accounting. NFP is 8% - 12% of Financial Accounting and Reporting on the CPA exam, so knowing this section is vital if you want to pass.
25 Dec 2013