Accounting for Debt Financing and Going-Concern Issues
Introduction In the past, not-for-profit organizations have generally been able to manage their affairs in a way that avoided being heavily dependent on debt financing.
Introduction In the past, not-for-profit organizations have generally been able to manage their affairs in a way that avoided being heavily dependent on debt financing.
Board members of both private and public sector organizations are giving more and more thought to their responsibilities. They are asking themselves: What am I