{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/958/10/#05-overview-and-background","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"958","topic_title":"Not-for-Profit Entities","subtopic":"958-10","subtopic_title":"Overall","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"958-10-05-1","para":"05-1","html":"
The Not-for-Profit Entities Topic provides guidance for not-for-profit entities (NFPs) as defined in Section 958-10-15 that are nongovernmental entities, or as further defined in the Scope Sections of the individual Subtopics. Guidance in other Topics and Subtopics applies to NFPs unless the specific Scope Sections exempt NFPs or the subject matter precludes applicability (for example, payment of dividends).
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This Topic includes the following Subtopics:
  1. a
    Overall
  2. b
    Financially Interrelated Entities
  3. c
    Split-Interest Agreements
  4. d
    Presentation of Financial Statements
  5. e
    Balance Sheet
  6. f
    Income Statement
  7. g
    Statement of Cash Flows
  8. h
    Receivables
  9. i
    Investments—Debt Securities
  10. ii
    Investments—Equity Securities
  11. j
    Investments—Other
  12. k
    Property, Plant, and Equipment
  13. l
    Liabilities
  14. m
    Contingencies
  15. n
    Revenue Recognition—Contributions
  16. o
    Compensation—Retirement Benefits
  17. p
    Other Expenses
  18. pp
    Business Combinations (Mergers and Acquisitions)
  19. q
    Consolidation.
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The Overall Subtopic provides guidance on the scope of this Topic as well as relationships to other Topics in the Codification.
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