Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
359443 | Journal of Accounting Education | 2011 | 26 Pages |
The Accountants’ Relief Foundation case study exposes students to not-for-profit (NFP) transactions and performance evaluation. Your task is to: (1) explain the advantages and restrictions associated with NFPs, (2) describe and calculate customary NFP performance metrics and assess risks, (3) determine the existence of liabilities and expenses, (4) discuss contract-timing issues, (5) evaluate differences between discretionary and non-discretionary power, (6) evaluate contribution alternatives, and (7) use primary and secondary accounting literature to solve the case.
► This case exposes students to NFP transactions and NFP performance evaluation. ► This case fosters the AICPA Core Competency skills. ► Case effectiveness is demonstrated using student scores and surveys. ► Evidence shows students meet case objectives.