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Provides extensive coverage of the recent accounting pronouncements affecting not-for-profit organizations. The text discusses all the generally accepted accounting principles that all entities must follow. Designed specifically for accountants in public practice and industry, this volume covers FASB (Financial Accounting Standards Board) statements, interpretations and technical bulletins; APB (Accounting Principles Board) opinions, ARBs (Accounting Research Bulletins) and relevant AICPA statements of position and FASB EITF (Emerging Issues Task Force) issues that apply to not-for-profit organizations.