Since the FASB sets the standards for both not-for-profit health
care entities and investor-owned entities, the...
Since the FASB sets the standards for both not-for-profit health
care entities and investor-owned entities, the financial reporting
requirements are the same for these two entities. Do you agree with
this statement? Why or why not?
Financial accounting standards normally address the reporting
practices of for‐profit business entities. Search the FASB ASC
database to discover what the FASB reporting requirements are (if
any) for the reporting by not‐for‐profit entities of their
outstanding liabilities. Cut and paste your findings, cite your
source(s), and write a brief summary of your findings.
What are the health care entities involved in continuum of care?
Identify and describe these entities and the order in which they
become involved in his lifelong continuum of care. ( 270 words
NO PLAGIARISM PLEASE )
What are the information needs of each of his care providers?
What are some of the challenges involved with capturing and
utilizing this required information? ( 270 words NO
PLAGIARISM PLEASE )
1st paragraph: What are the health care entities involved in
Joey's continuum of care? Identify and describe these entities and
the order in which they become involved in his lifelong continuum
of care. ( 270 words NO PLAGIARISM PLEASE )
2nd paragraph: What are the information needs of each of his
care providers? What are some of the challenges involved with
capturing and utilizing this required information? ( 270
words NO PLAGIARISM PLEASE )
Consider FASB standards for reporting revenues from government
grants received by a not-for-profit organization. Answer the
following questions:
a. What features of government grants indicate they are
conditional contributions?
b/ When should revenue be recognized under a cost-reimbursement
grant?
‘The IASB and the US Financial Accounting Standards Board (FASB)
have been working together since 2002 to achieve convergence of
IFRSs and US generally accepted accounting principles (GAAP).’ The
convergence project had not been completed until recently.
Explain why the development process of international accounting
harmonization is difficult and complex. You may refer to the
following website for further information.
https://www.iasplus.com/en/projects/completed/other/iasb-fasbconvergence
The National Institute for Occupational Safety and Health
(NIOSH) sets standards for CCl4 in air at 12.6 mg/m^3 of air (a
time average over 40 hr). The CCl4 found in a sample is 4800 ppb.
Does the sample meet the NIOSH standard? INCLUDE THE PROCEDURE