6 OTHER FINANCIAL STATEMENT ISSUES
This chapter is divided into separate sections that address issues often considered by not-for-profit organizations in presenting financial statements in accordance with generally accepted accounting principles.
COMPARATIVE FINANCIAL INFORMATION
PERSPECTIVE AND ISSUES
Although they are not required, comparative financial statements increase the usefulness of the financial information presented to the reader. Financial statement presentations are enhanced if they present financial statements for at least two years. Financial statement readers, including donors, boards of directors, ...